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 170362District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jun 1998 – Jan 2026
Value, last 12 filed months
$22
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 Gas111999-05-17140477
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
CondensateDisposition153 bbl$6,964
GasProduction525,706 Mcf$2,183,680
Total$2,190,645

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 28.0709, -99.8228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07092, -99.82282 · 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
5,765 ft
1 wells filed one
Completion to plug
27.4 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 5,765 ft.

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

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936959F 205,765 ftJun 1998Nov 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 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250570.884.34$22
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024045069.052.20$989
Oct 2024016671.372.28$379
Sep 2024045069.612.36$1,064
Aug 2024045675.632.06$941
Jul 2024048879.932.15$1,048
Jun 2024024478.082.63$643
May 2024048478.812.20$1,064
Apr 2024057184.451.66$947
Mar 2024058880.301.55$909
Feb 2024058976.091.78$1,051
Jan 2024061973.023.30$2,041
Dec 2023064571.262.61$1,684
Nov 2023059877.892.81$1,679
Oct 2023059685.443.09$1,840
Sep 2023060489.042.74$1,652
Aug 2023066080.522.67$1,764
Jul 2023076474.852.64$2,018
Jun 2023068068.962.26$1,536
May 2023071870.622.23$1,599
Apr 2023066278.122.24$1,481
Mar 2023071472.852.39$1,709
Feb 2023057175.112.47$1,408
Jan 2023057676.533.39$1,951
Dec 2022059976.415.73$3,432
Nov 2022050285.005.65$2,834
Oct 2022062187.185.86$3,641
Sep 2022060984.888.16$4,972
Aug 2022065594.529.13$5,978
Jul 20220835101.587.54$6,298
Jun 20220830115.097.98$6,621
May 20220779109.378.43$6,569
Apr 20220845104.226.84$5,778
Mar 20220968108.885.08$4,914
Feb 2022076591.054.86$3,717
Jan 2022083381.844.54$3,780
Dec 2021090671.323.90$3,533
Nov 2021090477.435.24$4,734
Oct 2021098279.795.71$5,611
Sep 202101,11669.865.35$5,972
Aug 202101,06466.024.22$4,491
Jul 2021094070.783.98$3,743
Jun 2021074369.493.38$2,512
May 2021015863.483.02$477
Apr 2021065760.362.76$1,812
Mar 2021015461.302.72$418
Feb 20210057.805.55$0
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 201904158.482.74$112
Apr 2019020462.632.75$561
Mar 2019022756.803.06$695
Feb 2019021550.852.79$600
Jan 2019032846.033.23$1,059
Dec 2018024146.594.19$1,009
Nov 2018018352.934.24$775
Oct 2018021861.443.40$741
Sep 2018046659.543.11$1,448
Aug 2018066459.403.07$2,036
Jul 2018081165.142.93$2,378
Jun 2018059660.183.08$1,834
May 2018057765.382.90$1,674
Apr 2018045863.842.90$1,329
Mar 2018054861.222.79$1,527
Feb 2018039561.782.77$1,093
Jan 2018047962.874.01$1,920
Dec 2017045457.272.92$1,326
Nov 2017029855.423.12$929
Oct 2017037049.292.98$1,104
Sep 2017048347.523.09$1,491
Aug 2017043645.373.00$1,310
Jul 2017048543.873.09$1,497
Jun 2017012542.493.09$386
May 2017056345.373.26$1,837
Apr 2017041447.933.21$1,330
Mar 2017046246.772.98$1,378
Feb 2017032650.452.95$963
Jan 2017038849.413.42$1,326
Dec 2016055548.763.72$2,066
Nov 2016052642.492.64$1,391
Oct 2016052746.193.09$1,629
Sep 2016047341.553.10$1,467
Aug 2016050641.442.92$1,480
Jul 2016040841.622.92$1,193
Jun 2016054645.352.69$1,466
May 2016054442.521.99$1,083
Apr 2016040636.561.99$808
Mar 2016049233.011.79$883
Feb 2016047126.472.06$972
Jan 2016059327.352.36$1,402
Dec 2015061132.362.00$1,223
Nov 2015056738.792.17$1,229
Oct 2015061443.552.43$1,490
Sep 2015059642.992.76$1,644
Aug 2015067640.162.87$1,942
Jul 2015064148.152.95$1,888
Jun 2015070056.152.88$2,018
May 2015054355.212.96$1,605
Apr 2015050249.822.71$1,359
Mar 2015064042.892.93$1,878
Feb 2015087444.662.98$2,601
Jan 2015013343.433.10$412
Dec 2014040954.693.59$1,469
Nov 2014047570.464.25$2,020
Oct 2014032978.303.90$1,283
Sep 201403386.164.05$134
Aug 2014067489.394.04$2,720
Jul 2014085296.564.18$3,561
Jun 2014083298.164.74$3,941
May 2014077994.734.73$3,682
Apr 2014071595.944.81$3,439
Mar 2014072295.895.06$3,651
Feb 2014058397.406.19$3,610
Jan 2014070690.404.86$3,432
Dec 2013079391.824.35$3,453
Nov 2013078188.853.74$2,920
Oct 2013070797.423.78$2,672
Sep 20130831104.113.72$3,089
Aug 20130816104.253.52$2,874
Jul 20130789102.523.72$2,933
Jun 2013081494.403.93$3,202
May 2013079594.834.15$3,299
Apr 2013076993.964.28$3,293
Mar 2013067193.623.91$2,626
Feb 2013061091.233.42$2,086
Jan 2013080791.603.42$2,760
Dec 2012063086.773.42$2,155
Nov 2012074886.953.62$2,711
Oct 2012074989.383.40$2,546
Sep 2012072594.672.92$2,116
Aug 2012093392.662.91$2,713
Jul 2012065185.133.02$1,967
Jun 2012084579.822.52$2,129
May 2012095491.612.49$2,374
Apr 20120842101.652.00$1,681
Mar 20120599105.052.22$1,331
Feb 20120748101.102.57$1,923
Jan 2012078598.092.73$2,146
Dec 2011065096.873.24$2,106
Nov 2011078695.723.31$2,603
Oct 201101,08484.983.65$3,955
Sep 2011022683.623.99$901
Aug 2011035483.404.15$1,469
Jul 20110094.144.52$0
Jun 2011044592.904.64$2,065
May 2011053898.134.40$2,370
Apr 20110944105.964.33$4,091
Mar 2011097196.364.06$3,940
Feb 2011083385.644.18$3,482
Jan 2011092786.504.59$4,254
Dec 2010091485.734.35$3,974
Nov 2010088280.843.80$3,347
Oct 2010092378.103.51$3,239
Sep 2010076972.633.98$3,060
Aug 2010096073.684.42$4,243
Jul 2010091272.554.74$4,320
Jun 2010094170.364.91$4,621
May 2010096871.124.24$4,100
Apr 2010095581.694.12$3,937
Mar 2010096778.394.39$4,244
Feb 2010093073.585.44$5,061
Jan 2010099974.365.96$5,958
Dec 2009061171.445.48$3,351
Nov 200901,00674.593.75$3,774
Oct 200901,03072.544.11$4,234
Sep 2009099265.543.06$3,040
Aug 200901,11067.423.22$3,573
Jul 200901,06261.133.46$3,679
Jun 2009093666.163.90$3,646
May 2009099154.743.93$3,890
Apr 2009092246.773.59$3,308
Mar 200901,02642.144.06$4,165
Feb 2009092232.814.63$4,272
Jan 200901,04435.865.37$5,607
Dec 200801,03137.105.98$6,162
Nov 200801,01655.496.86$6,970
Oct 200801,07175.246.92$7,413
Sep 200801,050101.767.88$8,271
Aug 200801,110114.228.48$9,416
Jul 200801,118131.0811.39$12,733
Jun 20080904131.3313.03$11,782
May 200802,465123.1711.57$28,531
Apr 200804,015110.3110.45$41,976
Mar 2008341,162101.909.66$14,694
Feb 200801,10692.538.77$9,700
Jan 2008082690.388.21$6,778
Dec 2007083988.337.30$6,126
Nov 200701,07191.677.29$7,809
Oct 200701,18782.856.92$8,216
Sep 200701,20675.846.24$7,530
Aug 200701,24369.066.39$7,940
Jul 200701,19470.906.39$7,627
Jun 200701,16162.007.55$8,764
May 200701,26658.747.85$9,933
Apr 200701,24059.617.81$9,678
Mar 200701,30756.927.30$9,544
Feb 200701,18355.108.22$9,720
Jan 200701,37150.306.73$9,223
Dec 200601,32656.656.92$9,174
Nov 200601,32054.207.62$10,055
Oct 200601,40254.906.01$8,431
Sep 200601,43560.085.04$7,228
Aug 200601,52268.717.34$11,171
Jul 200601,50469.376.34$9,540
Jun 200601,42666.286.38$9,103
May 200601,50666.016.42$9,676
Apr 200601,46664.397.36$10,790
Mar 200601,45856.707.08$10,327
Feb 200601,36357.597.75$10,565
Jan 200601,42760.598.93$12,748
Dec 200501,52654.9413.42$20,472
Nov 200501,55754.6910.59$16,486
Oct 200501,67258.3413.80$23,067
Sep 200501,49261.4512.08$18,022
Aug 200501,60561.519.80$15,724
Jul 200501,67555.697.84$13,138
Jun 200501,63352.337.38$12,053
May 200501,76145.226.65$11,713
Apr 200501,77249.207.36$13,043
Mar 200501,45250.377.15$10,389
Feb 200501,33645.226.31$8,433
Jan 200501,43643.166.32$9,079
Dec 200401,93239.866.75$13,043
Nov 200401,76845.286.33$11,192
Oct 200401,87249.706.52$12,196
Sep 200401,78643.245.28$9,437
Aug 200401,88742.375.55$10,474
Jul 200401,84938.286.08$11,250
Jun 200401,93336.106.43$12,435
May 200402,12037.486.49$13,769
Apr 200401,99034.475.86$11,658
Mar 200402,02934.365.53$11,221
Feb 200401,98732.455.51$10,948
Jan 200402,08632.036.30$13,141
Dec 200302,13630.266.30$13,460
Nov 200302,21728.804.60$10,187
Oct 200302,31628.174.76$11,023
Sep 200302,22126.314.75$10,548
Aug 200302,39129.765.13$12,265
Jul 20031192,31029.415.17$15,444
Jun 200302,45028.565.98$14,658
May 200302,53726.595.97$15,153
Apr 200302,49426.675.41$13,486
Mar 200302,55631.146.10$15,581
Feb 200302,36833.487.93$18,768
Jan 200302,65430.315.58$14,815
Dec 200202,75326.914.85$13,362
Nov 200202,70724.664.14$11,199
Oct 200202,72126.464.23$11,507
Sep 200202,72727.443.64$9,913
Aug 200203,05825.963.16$9,676
Jul 200202,97824.583.06$9,118
Jun 200202,84523.733.34$9,497
May 200203,17124.663.58$11,365
Apr 200203,16723.653.51$11,124
Mar 200203,40122.003.10$10,552
Feb 200203,17718.222.38$7,548
Jan 200203,54217.172.38$8,415
Dec 200103,60816.932.36$8,531
Nov 200103,58518.072.41$8,624
Oct 200103,69619.782.53$9,347
Sep 200103,60924.262.25$8,125
Aug 200103,92124.873.05$11,971
Jul 200103,89823.933.20$12,462
Jun 200103,97524.563.82$15,201
May 200104,38725.524.31$18,896
Apr 200104,22124.685.34$22,520
Mar 200104,41824.545.38$23,753
Feb 200104,17127.755.77$24,054
Jan 200104,45927.478.40$37,450
Dec 200004,45826.889.12$40,668
Nov 200004,34832.215.66$24,601
Oct 200004,69931.235.15$24,179
Sep 200004,35231.875.19$22,572
Aug 200004,80629.644.54$21,823
Jul 200004,48028.534.09$18,322
Jun 200004,50229.304.40$19,796
May 200004,59327.263.68$16,901
Apr 200005,38224.513.12$16,770
Mar 200005,74628.422.86$16,432
Feb 200005,12227.622.73$13,965
Jan 200005,68425.272.48$14,099
Dec 199906,00324.282.42$14,550
Nov 199905,50823.192.43$13,406
Oct 199905,96920.982.80$16,735
Sep 199906,19621.752.62$16,226
Aug 199907,64319.262.88$21,978
Jul 199908,15617.892.37$19,349
Jun 199908,35115.942.36$19,726
May 199908,86215.792.32$20,569
Apr 199909,29715.102.21$20,528
Mar 199909,72312.471.84$17,874
Feb 199908,5949.981.82$15,622
Jan 199909,67310.381.90$18,378
Dec 199808,1679.201.77$14,483
Nov 199808,02910.892.19$17,549
Oct 1998010,08312.421.97$19,856
Sep 1998010,95312.592.08$22,811
Aug 1998011,69811.301.91$22,312
Jul 1998010,66011.742.24$23,849
Jun 1998067811.242.24$1,517

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.

Feb 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.88 =         $0
Gas                    5 Mcf  × $  4.34 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/170362 is the state's own key, not one this site invented.