FAULKNER, S. -A-
FAULKNER, S. -A- is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Exxcel Production Company. It has 22 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 335,136 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 $1.7M, with roughly $381K 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 520 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was October 2020, at 891 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, S. -A-
- Who operates FAULKNER, S. -A-?
- FAULKNER, S. -A- is operated by Exxcel Production Company, Railroad Commission of Texas operator number 257092.
- Where is FAULKNER, S. -A-?
- FAULKNER, S. -A- is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00308.
- Is FAULKNER, S. -A- still producing?
- FAULKNER, S. -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAULKNER, S. -A- is August 2026.
- How much has FAULKNER, S. -A- produced?
- FAULKNER, S. -A- has reported 335,136 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 22 wellbores.
- How much is FAULKNER, S. -A- worth?
- The remaining production from FAULKNER, S. -A- is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAULKNER, S. -A- is a fraction of it. The estimate fits an Arps decline curve to the production FAULKNER, S. -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAULKNER, S. -A- is an estimate of value, not an offer and not an appraisal.
- How much income does FAULKNER, S. -A- generate in a year?
- FAULKNER, S. -A- is forecast to net about $381K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAULKNER, S. -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxcel Production Company |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00308 |
| Wellbores | 22 |
| Reported production | 335,136 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where FAULKNER, S. -A- 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.