PALAFOX STATE PSA C

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 290843District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$24.3 M
Mar 2021 – May 2026
Value, last 12 filed months
$2.3 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
GasProduction5,712,463 Mcf$24,275,854
Total$24,275,854

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 202649,232106.413.05$149,953
Apr 202650,04198.932.87$143,604
Mar 202655,90589.753.15$176,069
Feb 202652,54163.503.75$197,046
Jan 202637,74159.138.00$301,850
Dec 202544,55256.664.41$196,624
Nov 202554,04758.593.93$212,212
Oct 202558,50959.383.30$193,363
Sep 202556,12762.743.08$172,698
Aug 202557,95763.933.01$174,726
Jul 202562,41666.743.32$206,922
Jun 202565,38866.483.13$204,581
May 202567,18260.553.23$217,154
Apr 202550,39462.363.54$178,552
Mar 202560,89567.704.27$259,919
Feb 202558,66070.884.34$254,634
Jan 202567,31474.324.28$288,015
Dec 202420,85368.993.12$65,090
Nov 202423,76769.052.20$52,250
Oct 202417,10271.372.28$39,017
Sep 202423,91969.612.36$56,553
Aug 202418,64275.632.06$38,470
Jul 202443,06279.932.15$92,436
Jun 202440,47978.082.63$106,621
May 202447,99078.812.20$105,503
Apr 202427,59084.451.66$45,777
Mar 202476,47880.301.55$118,168
Feb 202473,27376.091.78$130,693
Jan 202479,86773.023.30$263,374
Dec 202381,20071.262.61$211,990
Nov 202379,99277.892.81$224,582
Oct 202382,32385.443.09$254,154
Sep 202381,30589.042.74$222,372
Aug 202387,04780.522.67$232,666
Jul 202386,16474.852.64$227,628
Jun 202384,60468.962.26$191,076
May 202389,06270.622.23$198,377
Apr 202386,18778.122.24$192,866
Mar 202392,30972.852.39$220,910
Feb 202385,63875.112.47$211,156
Jan 202398,11376.533.39$332,379
Dec 2022100,56376.415.73$576,133
Nov 2022101,12485.005.65$570,966
Oct 2022108,03887.185.86$633,509
Sep 2022109,11684.888.16$890,788
Aug 2022116,14594.529.13$1,060,074
Jul 2022118,603101.587.54$894,513
Jun 2022122,327115.097.98$975,827
May 2022132,795109.378.43$1,119,866
Apr 2022122,413104.226.84$837,011
Mar 2022142,579108.885.08$723,788
Feb 2022135,14591.054.86$656,648
Jan 2022157,25281.844.54$713,559
Dec 2021165,21871.323.90$644,205
Nov 2021169,73177.435.24$888,856
Oct 2021181,57379.795.71$1,037,485
Sep 2021184,02869.865.35$984,719
Aug 2021201,38966.024.22$849,980
Jul 2021214,18670.783.98$852,906
Jun 2021218,96169.493.38$740,224
May 2021238,58163.483.02$719,959
Apr 2021193,66760.362.76$534,215
Mar 20213,16261.302.72$8,591

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               49,232 Mcf  × $  3.05 =   $149,953

────────────────────────────────────────────────────
Month total                                 $149,953

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/290843 is the state's own key, not one this site invented.