FAYTH 38G
FAYTH 38G is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 3 wellbores on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 896,909 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 $10.3M, with roughly $2.5M 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 2,543 barrels a month, about 848 per wellbore. Its strongest month on the record we hold was September 2018, at 72,893 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FAYTH 38G
- Who operates FAYTH 38G?
- FAYTH 38G is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is FAYTH 38G?
- FAYTH 38G is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50953.
- Is FAYTH 38G still producing?
- FAYTH 38G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAYTH 38G is August 2026.
- How much has FAYTH 38G produced?
- FAYTH 38G has reported 896,909 barrels of oil (bbl) to the Railroad Commission of Texas between August 2018 and August 2026, from 3 wellbores.
- How much is FAYTH 38G worth?
- The remaining production from FAYTH 38G is estimated to be worth about $10.3M in total as of 26 August 2026, within a range of $8.5M to $12.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAYTH 38G is a fraction of it. The estimate fits an Arps decline curve to the production FAYTH 38G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAYTH 38G is an estimate of value, not an offer and not an appraisal.
- How much income does FAYTH 38G generate in a year?
- FAYTH 38G is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAYTH 38G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 50953 |
| Wellbores | 3 |
| Reported production | 896,909 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.3M |
Where FAYTH 38G 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.