FASKEN
FASKEN is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Mobil Producing TX. & N.M. Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 261,932 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 $229K 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 385 barrels a month, about 77 per wellbore. Its strongest month on the record we hold was August 2021, at 1,231 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
- Who operates FASKEN?
- FASKEN is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is FASKEN?
- FASKEN is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 08835.
- Is FASKEN still producing?
- FASKEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN is August 2026.
- How much has FASKEN produced?
- FASKEN has reported 261,932 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is FASKEN worth?
- The remaining production from FASKEN is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $792K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN generate in a year?
- FASKEN is forecast to net about $229K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Russell, North (Devonian) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 08835 |
| Wellbores | 5 |
| Reported production | 261,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where FASKEN 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.