FAYE WEST UNIT
FAYE WEST UNIT is a Texas gas lease in Pecos County, Railroad Commission district 08, operated by Halcon Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 1,059,713 thousand cubic feet. The lease is intermittent. 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 $3.1M, with roughly $662K 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 4,841 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 20,049 thousand cubic feet. 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 FAYE WEST UNIT
- Who operates FAYE WEST UNIT?
- FAYE WEST UNIT is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is FAYE WEST UNIT?
- FAYE WEST UNIT is a Texas gas lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 294479.
- Is FAYE WEST UNIT still producing?
- FAYE WEST UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FAYE WEST UNIT is August 2026.
- How much has FAYE WEST UNIT produced?
- FAYE WEST UNIT has reported 1,059,713 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2016 and August 2026, from 1 wellbore.
- How much is FAYE WEST UNIT worth?
- The remaining production from FAYE WEST UNIT is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAYE WEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FAYE WEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAYE WEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FAYE WEST UNIT generate in a year?
- FAYE WEST UNIT is forecast to net about $662K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FAYE WEST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 294479 |
| Wellbores | 1 |
| Reported production | 1,059,713 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where FAYE WEST UNIT 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.