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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 62441

Producing

FASKEN 1F

Fasken 1F is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 282,144 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 3 wells

282,144bbl oil, last 12 months−43% vs prior year
Operator
Ovintiv USA Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62441

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
750,044 mcf
Oil in Jul 2026
19,378 bbl
Reporting to the state
since Apr 2024
Wells
3

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 43% over the last 12 months

282,144 bbl in the 12 months through Jul 2026, against 497,485 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for FASKEN 1F, Apr 2024 to Jul 2026. Oil output fell 43% over the last 12 months. 282,144 bbl in the 12 months through Jul 2026, against 497,485 bbl in the 12 months before.Last 12 months: 282,144 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for FASKEN 1F, Apr 2024 to Jul 2026. Oil output fell 43% over the last 12 months. 282,144 bbl in the 12 months through Jul 2026, against 497,485 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 62441, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 14.6% of the gas in Apr 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of FASKEN 1F gas by disposition code each month, Apr 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 14.6% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 14.6%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of FASKEN 1F gas by disposition code each month, Apr 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 14.6% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 14.6%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 62441, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.2% of the gas was flared. 2 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Ovintiv USA Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeOvintiv USA Inc., Apr 2024 to Jul 202620252026Ovintiv USA Inc.Apr 2024 to nowthrough Jul 2026
Operators of this lease over timeOvintiv USA Inc., Apr 2024 to Jul 202620252026Ovintiv USA Inc.Apr 2024 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

3 wells on this lease

Every well the Railroad Commission links to oil lease 62441 in district 08. The API number is the state’s ID for a well.
Wells on FASKEN 1F
API numberWell no.Status
42-329-46637101HJActive
42-329-46638102HFActive
42-329-46639103HDActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 62441.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says FASKEN 1F sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

28 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for FASKEN 1F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ovintiv USA19,37819,37873,87573,765110$80.46$2.89
Jun 2026Ovintiv USA20,93620,93881,07880,906172$84.81$3.15
May 2026Ovintiv USA22,02622,03284,64184,354287$102.13$2.94
Apr 2026Ovintiv USA20,09220,12371,46471,44816$100.32$2.77
Mar 2026Ovintiv USA20,83620,81572,28072,2773$91.38$3.04
Feb 2026Ovintiv USA23,90323,90478,31378,3049$64.51$3.62
Jan 2026Ovintiv USA28,54328,55482,82382,77845$60.04$7.72
Dec 2025Ovintiv USA27,27627,27570,04469,97470$57.97$4.26
Nov 2025Ovintiv USA29,89829,89063,53763,360177$60.06$3.79
Oct 2025Ovintiv USA31,01831,00942,59742,54750$60.89$3.19
Sep 2025Ovintiv USA23,38423,37018,71518,190525$63.96$2.97
Aug 2025Ovintiv USA14,85414,84910,67710,6734$64.86$2.91
Jul 2025Ovintiv USA7,2187,2265,7525,74012$68.39$3.20
Jun 2025Ovintiv USA4,7734,76312,54412,210334$68.17$3.02
May 2025Ovintiv USA5,5275,53218,42318,209214$62.17$3.12
Apr 2025Ovintiv USA34,05134,055100,96197,2253,736$63.54$3.42
Mar 2025Ovintiv USA38,97438,972107,491107,4829$68.24$4.12
Feb 2025Ovintiv USA38,12938,12893,62793,265362$71.53$4.19
Jan 2025Ovintiv USA44,81044,809104,002101,7182,284$75.74$4.13
Dec 2024Ovintiv USA54,71554,712117,226117,17551$70.12$3.01
Nov 2024Ovintiv USA51,30551,30892,88592,570315$69.95$2.12
Oct 2024Ovintiv USA62,20762,204110,715110,564151$71.99$2.20
Sep 2024Ovintiv USA70,37070,373113,446112,615831$70.24$2.28
Aug 2024Ovintiv USA85,40685,408119,751119,70348$76.68$1.99
Jul 2024Ovintiv USA109,423109,424139,817139,78532$81.80$2.07
Jun 2024Ovintiv USA136,938136,941140,975140,777198$79.77$2.54
May 2024Ovintiv USA147,407147,397118,920118,580340$80.02$2.12
Apr 2024Ovintiv USA82,59882,59562,84853,6539,195$85.35$1.60

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMidland County

Ovintiv USA Inc. in Midland County

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Spraberry (Trend Area) field

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New drilling permits in Midland County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 62441, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.