FASKEN -19-
FASKEN -19- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Meridian Oil Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 550,953 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 $825K, with roughly $185K 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 366 barrels a month. Its strongest month on the record we hold was February 2019, at 1,361 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 -19-
- Who operates FASKEN -19-?
- FASKEN -19- is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is FASKEN -19-?
- FASKEN -19- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32374.
- Is FASKEN -19- still producing?
- FASKEN -19- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN -19- is August 2026.
- How much has FASKEN -19- produced?
- FASKEN -19- has reported 550,953 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FASKEN -19- worth?
- The remaining production from FASKEN -19- is estimated to be worth about $825K in total as of 26 August 2026, within a range of $643K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN -19- is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN -19- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN -19- is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN -19- generate in a year?
- FASKEN -19- is forecast to net about $185K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN -19- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | Fasken, South (Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 32374 |
| Wellbores | 1 |
| Reported production | 550,953 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $825K |
Where FASKEN -19- 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.