PALAFOX STATE PSA B

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290841District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$27.4 M
Mar 2021 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
63
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction6,336,735 Mcf$27,381,800
Total$27,381,800

Every month this lease reported (63)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

63 months

May 202637,009106.413.05$112,723
Apr 202638,64898.932.87$110,909
Mar 202642,35189.753.15$133,382
Feb 202638,02763.503.75$142,613
Jan 202627,22859.138.00$217,767
Dec 202534,04856.664.41$150,266
Nov 202540,17558.593.93$157,745
Oct 202541,81059.383.30$138,175
Sep 202542,29462.743.08$130,135
Aug 202544,69363.933.01$134,739
Jul 202545,97266.743.32$152,406
Jun 202547,02366.483.13$147,122
May 202555,06560.553.23$177,988
Apr 202533,06662.363.54$117,157
Mar 202548,63967.704.27$207,607
Feb 202557,03570.884.34$247,580
Jan 202554,11074.324.28$231,519
Dec 202421,11268.993.12$65,898
Nov 202420,42269.052.20$44,897
Oct 202430,53671.372.28$69,665
Sep 202420,02969.612.36$47,356
Aug 202413,54675.632.06$27,954
Jul 202438,63479.932.15$82,931
Jun 202436,12878.082.63$95,160
May 202443,84578.812.20$96,391
Apr 202427,02284.451.66$44,835
Mar 202476,24780.301.55$117,812
Feb 202471,78076.091.78$128,030
Jan 202481,25773.023.30$267,958
Dec 202384,21171.262.61$219,851
Nov 202384,65977.892.81$237,685
Oct 202392,34785.443.09$285,101
Sep 202393,34989.042.74$255,313
Aug 202386,83180.522.67$232,089
Jul 202386,24574.852.64$227,842
Jun 202386,44068.962.26$195,223
May 202393,45570.622.23$208,162
Apr 202389,68978.122.24$200,702
Mar 202399,08272.852.39$237,119
Feb 202391,97975.112.47$226,791
Jan 2023107,38676.533.39$363,794
Dec 2022109,52176.415.73$627,455
Nov 2022111,30685.005.65$628,456
Oct 2022121,35087.185.86$711,567
Sep 2022125,73884.888.16$1,026,485
Aug 2022136,07494.529.13$1,241,969
Jul 2022139,374101.587.54$1,051,170
Jun 2022144,138115.097.98$1,149,818
May 2022156,684109.378.43$1,321,322
Apr 2022159,530104.226.84$1,090,802
Mar 2022173,300108.885.08$879,740
Feb 2022163,34591.054.86$793,667
Jan 2022191,19981.844.54$867,600
Dec 2021203,12471.323.90$792,005
Nov 2021210,04677.435.24$1,099,979
Oct 2021225,07979.795.71$1,286,072
Sep 2021229,40569.865.35$1,227,528
Aug 2021251,56866.024.22$1,061,765
Jul 2021263,09170.783.98$1,047,649
Jun 2021274,95469.493.38$929,515
May 2021316,38063.483.02$954,730
Apr 2021305,46560.362.76$842,601
Mar 202122,64061.302.72$61,512

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas               37,009 Mcf  × $  3.05 =   $112,723

────────────────────────────────────────────────────
Month total                                 $112,723

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/290841 is the state's own key, not one this site invented.