FASKEN, ANDREW UNIT 7
FASKEN, ANDREW UNIT 7 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Stephens, Autry C. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 151,884 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 $1.6M, with roughly $474K 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 734 barrels a month, about 184 per wellbore. Its strongest month on the record we hold was December 2022, at 1,199 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, ANDREW UNIT 7
- Who operates FASKEN, ANDREW UNIT 7?
- FASKEN, ANDREW UNIT 7 is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is FASKEN, ANDREW UNIT 7?
- FASKEN, ANDREW UNIT 7 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 06518.
- Is FASKEN, ANDREW UNIT 7 still producing?
- FASKEN, ANDREW UNIT 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN, ANDREW UNIT 7 is August 2026.
- How much has FASKEN, ANDREW UNIT 7 produced?
- FASKEN, ANDREW UNIT 7 has reported 151,884 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is FASKEN, ANDREW UNIT 7 worth?
- The remaining production from FASKEN, ANDREW UNIT 7 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN, ANDREW UNIT 7 is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN, ANDREW UNIT 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN, ANDREW UNIT 7 is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN, ANDREW UNIT 7 generate in a year?
- FASKEN, ANDREW UNIT 7 is forecast to net about $474K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FASKEN, ANDREW UNIT 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 06518 |
| Wellbores | 4 |
| Reported production | 151,884 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where FASKEN, ANDREW UNIT 7 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.