FASKEN UNIT -14-
FASKEN UNIT -14- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Meridian Oil Inc. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 477,999 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 $398K, with roughly $76K 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 110 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was May 2016, at 714 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 UNIT -14-
- Who operates FASKEN UNIT -14-?
- FASKEN UNIT -14- is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is FASKEN UNIT -14-?
- FASKEN UNIT -14- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 15379.
- Is FASKEN UNIT -14- still producing?
- FASKEN UNIT -14- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN UNIT -14- is August 2026.
- How much has FASKEN UNIT -14- produced?
- FASKEN UNIT -14- has reported 477,999 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is FASKEN UNIT -14- worth?
- The remaining production from FASKEN UNIT -14- is estimated to be worth about $398K in total as of 26 August 2026, within a range of $311K to $486K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN UNIT -14- is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN UNIT -14- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN UNIT -14- is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN UNIT -14- generate in a year?
- FASKEN UNIT -14- is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN UNIT -14- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | Fasken, S. (Fusselman) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 15379 |
| Wellbores | 6 |
| Reported production | 477,999 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $398K |
Where FASKEN UNIT -14- 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.