FASKEN 17F
FASKEN 17F is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 348,791 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 $1.6M 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 14,338 barrels a month, about 7,169 per wellbore. Its strongest month on the record we hold was February 2025, at 67,535 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 17F
- Who operates FASKEN 17F?
- FASKEN 17F is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is FASKEN 17F?
- FASKEN 17F is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63576.
- Is FASKEN 17F still producing?
- FASKEN 17F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN 17F is August 2026.
- How much has FASKEN 17F produced?
- FASKEN 17F has reported 348,791 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 2 wellbores.
- How much is FASKEN 17F worth?
- The remaining production from FASKEN 17F is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN 17F is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN 17F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN 17F is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN 17F generate in a year?
- FASKEN 17F is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN 17F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63576 |
| Wellbores | 2 |
| Reported production | 348,791 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where FASKEN 17F 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.