ALSUP 29
ALSUP 29 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2018 to August 2026, totalling 32,492 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 $867K, with roughly $143K 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 132 barrels a month. Its strongest month on the record we hold was July 2018, at 1,932 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 ALSUP 29
- Who operates ALSUP 29?
- ALSUP 29 is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is ALSUP 29?
- ALSUP 29 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50620.
- Is ALSUP 29 still producing?
- ALSUP 29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALSUP 29 is August 2026.
- How much has ALSUP 29 produced?
- ALSUP 29 has reported 32,492 barrels of oil (bbl) to the Railroad Commission of Texas between June 2018 and August 2026, from 1 wellbore.
- How much is ALSUP 29 worth?
- The remaining production from ALSUP 29 is estimated to be worth about $867K in total as of 26 August 2026, within a range of $677K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALSUP 29 is a fraction of it. The estimate fits an Arps decline curve to the production ALSUP 29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALSUP 29 is an estimate of value, not an offer and not an appraisal.
- How much income does ALSUP 29 generate in a year?
- ALSUP 29 is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALSUP 29 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Azalea, East (Woodford) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 50620 |
| Wellbores | 1 |
| Reported production | 32,492 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $867K |
Where ALSUP 29 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.