PALAFOX UNIT

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170361District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jun 1998 – Jan 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
332
no gaps in the span
Streams
2
condensate, 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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111999-05-17140482
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition516 bbl$15,508
GasProduction551,173 Mcf$2,420,293
Total$2,435,801

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0739, -99.8144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07395, -99.81439 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,772 ft
1 wells filed one
Completion to plug
27.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,772 ft.

Completions filed
Jun 1998
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936960F 215,772 ftJun 1998Oct 2025Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (332)

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

332 months

Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202504862.363.54$170
Mar 2025082567.704.27$3,521
Feb 2025075970.884.34$3,295
Jan 2025083074.324.28$3,551
Dec 2024029568.993.12$921
Nov 2024089669.052.20$1,970
Oct 2024042371.372.28$965
Sep 202401,13169.612.36$2,674
Aug 202401,02575.632.06$2,115
Jul 2024064979.932.15$1,393
Jun 2024042978.082.63$1,130
May 2024099678.812.20$2,190
Apr 202401,13584.451.66$1,883
Mar 202401,09080.301.55$1,684
Feb 202401,11776.091.78$1,992
Jan 202401,22273.023.30$4,030
Dec 202301,09571.262.61$2,859
Nov 202301,07677.892.81$3,021
Oct 2023094985.443.09$2,930
Sep 202301,08789.042.74$2,973
Aug 202301,06280.522.67$2,839
Jul 202301,03174.852.64$2,724
Jun 2023096168.962.26$2,170
May 202301,16270.622.23$2,588
Apr 202301,08278.122.24$2,421
Mar 202301,15272.852.39$2,757
Feb 202301,01875.112.47$2,510
Jan 202301,18476.533.39$4,011
Dec 202201,25576.415.73$7,190
Nov 2022098785.005.65$5,573
Oct 202201,03887.185.86$6,087
Sep 202201,14884.888.16$9,372
Aug 202201,18294.529.13$10,788
Jul 202201,336101.587.54$10,076
Jun 202201,324115.097.98$10,562
May 202201,452109.378.43$12,245
Apr 202201,434104.226.84$9,805
Mar 202201,406108.885.08$7,137
Feb 202201,23691.054.86$6,006
Jan 202201,14281.844.54$5,182
Dec 202101,69371.323.90$6,601
Nov 202101,85377.435.24$9,704
Oct 202101,31879.795.71$7,531
Sep 202101,44269.865.35$7,716
Aug 202101,22866.024.22$5,183
Jul 202101,32870.783.98$5,288
Jun 2021083369.493.38$2,816
May 202107363.483.02$220
Apr 2021036560.362.76$1,007
Mar 2021033061.302.72$897
Feb 202106157.805.55$338
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016011745.352.69$314
May 2016079542.521.99$1,583
Apr 20160036.561.99$0
Mar 201603633.011.79$65
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201509638.792.17$208
Oct 2015034243.552.43$830
Sep 201501,07642.992.76$2,968
Aug 2015082040.162.87$2,355
Jul 2015071248.152.95$2,097
Jun 201501,38856.152.88$4,001
May 2015072955.212.96$2,155
Apr 201501,05049.822.71$2,842
Mar 2015011642.892.93$340
Feb 2015025844.662.98$768
Jan 201502643.433.10$81
Dec 201409854.693.59$352
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201419094.734.73$520
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014057597.406.19$3,560
Jan 2014089790.404.86$4,360
Dec 2013086891.824.35$3,780
Nov 2013078988.853.74$2,950
Oct 201301,32197.423.78$4,993
Sep 201301,602104.113.72$5,956
Aug 201301,598104.253.52$5,629
Jul 201381,679102.523.72$7,062
Jun 201301,33094.403.93$5,231
May 201301,03494.834.15$4,290
Apr 201301,06693.964.28$4,565
Mar 201301,04093.623.91$4,069
Feb 201301,09791.233.42$3,752
Jan 201301,21291.603.42$4,145
Dec 2012092586.773.42$3,164
Nov 2012069786.953.62$2,527
Oct 2012084489.383.40$2,869
Sep 2012056594.672.92$1,649
Aug 2012060192.662.91$1,748
Jul 2012062385.133.02$1,882
Jun 2012063579.822.52$1,600
May 2012067891.612.49$1,687
Apr 20120767101.652.00$1,532
Mar 20120662105.052.22$1,471
Feb 20120738101.102.57$1,897
Jan 2012991498.092.73$3,382
Dec 2011062496.873.24$2,022
Nov 2011085395.723.31$2,825
Oct 2011099084.983.65$3,612
Sep 2011083883.623.99$3,340
Aug 2011086783.404.15$3,597
Jul 20110094.144.52$0
Jun 2011062292.904.64$2,886
May 2011080198.134.40$3,528
Apr 201101,354105.964.33$5,867
Mar 201101,31996.364.06$5,352
Feb 201101,09785.644.18$4,585
Jan 201101,32386.504.59$6,071
Dec 201001,38285.734.35$6,009
Nov 201001,44880.843.80$5,496
Oct 201001,60478.103.51$5,628
Sep 201001,46572.633.98$5,830
Aug 201001,58773.684.42$7,014
Jul 201001,36672.554.74$6,470
Jun 201001,42170.364.91$6,978
May 201001,45671.124.24$6,166
Apr 201001,40081.694.12$5,772
Mar 201001,52478.394.39$6,688
Feb 201001,40273.585.44$7,630
Jan 201001,41074.365.96$8,409
Dec 200901,38571.445.48$7,595
Nov 200901,47474.593.75$5,530
Oct 200901,46872.544.11$6,034
Sep 200901,55965.543.06$4,778
Aug 200901,57267.423.22$5,059
Jul 200901,66361.133.46$5,761
Jun 200901,65766.163.90$6,454
May 200901,68554.743.93$6,615
Apr 200901,58246.773.59$5,675
Mar 200901,56442.144.06$6,348
Feb 200901,46332.814.63$6,778
Jan 200901,63435.865.37$8,776
Dec 200801,61537.105.98$9,653
Nov 200801,53855.496.86$10,551
Oct 200801,73875.246.92$12,030
Sep 200801,786101.767.88$14,068
Aug 200801,635114.228.48$13,870
Jul 200801,551131.0811.39$17,665
Jun 200801,549131.3313.03$20,188
May 200801,813123.1711.57$20,984
Apr 200801,671110.3110.45$17,470
Mar 2008431,730101.909.66$21,101
Feb 200801,60292.538.77$14,050
Jan 200801,68390.388.21$13,810
Dec 200701,62988.337.30$11,895
Nov 200701,65891.677.29$12,090
Oct 200701,78782.856.92$12,370
Sep 200701,64575.846.24$10,272
Aug 200701,80769.066.39$11,543
Jul 200701,79370.906.39$11,454
Jun 200701,67662.007.55$12,651
May 200701,82658.747.85$14,327
Apr 200701,68659.617.81$13,160
Mar 200701,78756.927.30$13,049
Feb 200701,58455.108.22$13,014
Jan 200701,84950.306.73$12,438
Dec 200601,85956.656.92$12,861
Nov 200601,90354.207.62$14,496
Oct 200602,00454.906.01$12,052
Sep 200601,79160.085.04$9,022
Aug 200602,02768.717.34$14,878
Jul 200602,04469.376.34$12,965
Jun 200601,95566.286.38$12,480
May 200602,04466.016.42$13,133
Apr 200601,95464.397.36$14,382
Mar 200602,01856.707.08$14,293
Feb 200601,81257.597.75$14,045
Jan 200602,01560.598.93$18,001
Dec 200502,12854.9413.42$28,548
Nov 200502,18554.6910.59$23,136
Oct 200502,34658.3413.80$32,365
Sep 200502,06861.4512.08$24,979
Aug 200502,11761.519.80$20,740
Jul 200502,20255.697.84$17,272
Jun 200501,82852.337.38$13,493
May 200502,33745.226.65$15,544
Apr 200502,30449.207.36$16,959
Mar 200502,19150.377.15$15,676
Feb 200501,88545.226.31$11,898
Jan 200502,37643.166.32$15,022
Dec 200402,46439.866.75$16,635
Nov 200402,21245.286.33$14,003
Oct 200402,31249.706.52$15,063
Sep 200402,19243.245.28$11,582
Aug 200402,38542.375.55$13,238
Jul 200402,45038.286.08$14,906
Jun 200402,41936.106.43$15,561
May 200402,64337.486.49$17,165
Apr 200402,42734.475.86$14,218
Mar 200402,42634.365.53$13,416
Feb 200402,40932.455.51$13,273
Jan 200402,53032.036.30$15,938
Dec 200302,59930.266.30$16,378
Nov 200302,46228.804.60$11,313
Oct 200302,54728.174.76$12,123
Sep 200302,47126.314.75$11,736
Aug 200302,50929.765.13$12,870
Jul 200302,76929.415.17$14,318
Jun 200302,67628.565.98$16,010
May 200302,85026.595.97$17,022
Apr 200302,79126.675.41$15,092
Mar 20031062,76631.146.10$20,162
Feb 200302,52433.487.93$20,005
Jan 200302,70330.315.58$15,088
Dec 200202,73626.914.85$13,280
Nov 200202,79024.664.14$11,542
Oct 200202,94226.464.23$12,442
Sep 200202,29727.443.64$8,350
Aug 200202,86925.963.16$9,078
Jul 200202,92624.583.06$8,959
Jun 200202,98423.733.34$9,961
May 200203,10624.663.58$11,132
Apr 200203,20223.653.51$11,246
Mar 200203,45522.003.10$10,720
Feb 200203,16018.222.38$7,507
Jan 200203,45717.172.38$8,213
Dec 200103,44016.932.36$8,134
Nov 200103,37518.072.41$8,119
Oct 200103,43619.782.53$8,689
Sep 200103,33724.262.25$7,513
Aug 200103,50424.873.05$10,698
Jul 200103,17723.933.20$10,157
Jun 200103,45024.563.82$13,193
May 200103,71725.524.31$16,010
Apr 200103,35824.685.34$17,916
Mar 200103,62924.545.38$19,511
Feb 200103,08827.755.77$17,809
Jan 200103,34627.478.40$28,102
Dec 200003,75626.889.12$34,264
Nov 200004,02632.215.66$22,779
Oct 200004,02631.235.15$20,716
Sep 200004,59331.875.19$23,822
Aug 200005,12929.644.54$23,290
Jul 200003,86828.534.09$15,819
Jun 200003,55729.304.40$15,641
May 20001564,08127.263.68$19,270
Apr 200004,87024.513.12$15,175
Mar 200004,65628.422.86$13,315
Feb 200004,31227.622.73$11,757
Jan 200005,06225.272.48$12,556
Dec 199905,10524.282.42$12,373
Nov 199904,87323.192.43$11,861
Oct 199905,55620.982.80$15,577
Sep 199905,73621.752.62$15,022
Aug 199906,34519.262.88$18,246
Jul 199906,73517.892.37$15,978
Jun 199906,88815.942.36$16,270
May 199907,32715.792.32$17,006
Apr 199907,94715.102.21$17,547
Mar 199908,77312.471.84$16,128
Feb 199907,9029.981.82$14,364
Jan 199908,89010.381.90$16,891
Dec 19981938,7539.201.77$17,297
Nov 199809,12610.892.19$19,947
Oct 1998011,69012.421.97$23,020
Sep 1998012,91612.592.08$26,899
Aug 1998014,85711.301.91$28,338
Jul 199801,91211.742.24$4,278
Jun 19980011.242.24$0

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.

Apr 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                   48 Mcf  × $  3.54 =       $170

────────────────────────────────────────────────────
Month total                                     $170

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. 04/G/170361 is the state's own key, not one this site invented.