FASKEN STATE 1560
FASKEN STATE 1560 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 4,821,980 thousand cubic feet. 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 $1.2M, with roughly $219K 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 9,938 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 51,965 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 FASKEN STATE 1560
- Who operates FASKEN STATE 1560?
- FASKEN STATE 1560 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is FASKEN STATE 1560?
- FASKEN STATE 1560 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 273887.
- Is FASKEN STATE 1560 still producing?
- FASKEN STATE 1560 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FASKEN STATE 1560 is August 2026.
- How much has FASKEN STATE 1560 produced?
- FASKEN STATE 1560 has reported 4,821,980 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
- How much is FASKEN STATE 1560 worth?
- The remaining production from FASKEN STATE 1560 is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $1.0M to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FASKEN STATE 1560 is a fraction of it. The estimate fits an Arps decline curve to the production FASKEN STATE 1560 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FASKEN STATE 1560 is an estimate of value, not an offer and not an appraisal.
- How much income does FASKEN STATE 1560 generate in a year?
- FASKEN STATE 1560 is forecast to net about $219K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FASKEN STATE 1560 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 273887 |
| Wellbores | 1 |
| Reported production | 4,821,980 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where FASKEN STATE 1560 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.