6101 Holiday Hill Rd
Midland, Texas 79707-1631
Fasken Oil and Ranch, Ltd. is located in Midland, TX, United States and is part of the Lessors of Real Estate Industry. Fasken Oil and Ranch, Ltd. has 100 total employees across all of its locations and generates $40.77 million in sales (USD). (Sales figure is modelled). There are 2 companies in the Fasken Oil and Ranch, Ltd. corporate family.
Fasken Oil and Ranch primary focus is the Spraberry Trend located in the Midland Basin covers a large area – around 2,500 square miles. As most often defined, the Spraberry includes portions of Irion, Reagan, Upton, Glasscock, Midland, and Martin Counties. In 2007, the U.S. Department of Energy ranked The Spraberry Trend third in the United States by total proved reserves, and seventh in total production. Estimates have the Spraberry Shale holding up to 10 billion barrels of oil as well as 3 trillion cubic feet of natural gas. Global Hunter estimates the play’s potential recovery resources range from 4.2 to 8.8 billion BOE