FASKEN 17G
FASKEN 17G is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 653,951 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $22.4M, with roughly $8.9M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 26,893 barrels a month, about 6,723 per wellbore. Its strongest month on the record we hold was February 2025, at 120,617 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about FASKEN 17G
- Who operates FASKEN 17G?
- FASKEN 17G is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is FASKEN 17G?
- FASKEN 17G is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63188.
- Is FASKEN 17G still producing?
- FASKEN 17G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN 17G is August 2026.
- How much has FASKEN 17G produced?
- FASKEN 17G has reported 653,951 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 4 wellbores.
- How much is FASKEN 17G worth?
- The remaining production from FASKEN 17G is estimated to be worth about $22.4M in total as of 26 August 2026, within a range of $18.4M to $26.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN 17G is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN 17G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN 17G is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN 17G generate in a year?
- FASKEN 17G is forecast to net about $8.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN 17G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63188 |
| Wellbores | 4 |
| Reported production | 653,951 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.4M |
Where FASKEN 17G sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.