FASKEN BLOCK -EA-
FASKEN BLOCK -EA- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sharples, Philip T. Trust. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 95,351 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 $1.0M, with roughly $187K 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 262 barrels a month. Its strongest month on the record we hold was November 2023, at 650 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BLOCK -EA-
- Who operates FASKEN BLOCK -EA-?
- FASKEN BLOCK -EA- is operated by Sharples, Philip T. Trust, Railroad Commission of Texas operator number 771115.
- Where is FASKEN BLOCK -EA-?
- FASKEN BLOCK -EA- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 01364.
- Is FASKEN BLOCK -EA- still producing?
- FASKEN BLOCK -EA- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN BLOCK -EA- is August 2026.
- How much has FASKEN BLOCK -EA- produced?
- FASKEN BLOCK -EA- has reported 95,351 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FASKEN BLOCK -EA- worth?
- The remaining production from FASKEN BLOCK -EA- is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $796K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN BLOCK -EA- is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN BLOCK -EA- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN BLOCK -EA- is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN BLOCK -EA- generate in a year?
- FASKEN BLOCK -EA- is forecast to net about $187K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN BLOCK -EA- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sharples, Philip T. Trust |
|---|---|
| Field | Fasken (Wolfcamp) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 01364 |
| Wellbores | 1 |
| Reported production | 95,351 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where FASKEN BLOCK -EA- 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.