FAULKNER
FAULKNER is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Myriad Resources Corporation. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 132,562 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 $601K, with roughly $111K 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 127 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was June 2020, at 452 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 FAULKNER
- Who operates FAULKNER?
- FAULKNER is operated by Myriad Resources Corporation, Railroad Commission of Texas operator number 598292.
- Where is FAULKNER?
- FAULKNER is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00217.
- Is FAULKNER still producing?
- FAULKNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAULKNER is August 2026.
- How much has FAULKNER produced?
- FAULKNER has reported 132,562 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is FAULKNER worth?
- The remaining production from FAULKNER is estimated to be worth about $601K in total as of 26 August 2026, within a range of $469K to $733K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAULKNER is a fraction of it. The estimate fits an Arps decline curve to the production FAULKNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAULKNER is an estimate of value, not an offer and not an appraisal.
- How much income does FAULKNER generate in a year?
- FAULKNER is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAULKNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Myriad Resources Corporation |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00217 |
| Wellbores | 8 |
| Reported production | 132,562 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $601K |
Where FAULKNER 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.