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 170364District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
May 1998 – Jan 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
333
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 Gas111999-05-05140487
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
CondensateDisposition529 bbl$12,724
GasProduction806,424 Mcf$3,179,289
Total$3,192,013

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 28.0582, -99.8184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05821, -99.81842 · 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
5,800 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 5,800 ft.

Completions filed
May 1998
1 of 1 wells
Plug dates filed
Oct 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

42-47936935F 195,800 ftMay 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 (333)

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

333 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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 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 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
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 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012211398.092.73$505
Dec 2011092496.873.24$2,994
Nov 2011087695.723.31$2,901
Oct 2011075584.983.65$2,755
Sep 2011051883.623.99$2,065
Aug 2011044883.404.15$1,859
Jul 20110094.144.52$0
Jun 2011032892.904.64$1,522
May 2011046898.134.40$2,061
Apr 20110264105.964.33$1,144
Mar 2011086296.364.06$3,497
Feb 2011041685.644.18$1,739
Jan 2011030086.504.59$1,377
Dec 2010021485.734.35$930
Nov 2010021080.843.80$797
Oct 2010040478.103.51$1,418
Sep 2010059172.633.98$2,352
Aug 2010079273.684.42$3,500
Jul 2010064072.554.74$3,031
Jun 2010021970.364.91$1,075
May 2010044171.124.24$1,868
Apr 2010053381.694.12$2,197
Mar 201001,00678.394.39$4,415
Feb 2010099773.585.44$5,426
Jan 201001,05174.365.96$6,268
Dec 200901,11071.445.48$6,087
Nov 200901,19074.593.75$4,464
Oct 200901,24972.544.11$5,134
Sep 200901,24665.543.06$3,819
Aug 200901,40067.423.22$4,506
Jul 200901,38061.133.46$4,781
Jun 200901,28566.163.90$5,005
May 200901,32754.743.93$5,209
Apr 200901,34646.773.59$4,829
Mar 200901,44642.144.06$5,869
Feb 200901,28232.814.63$5,940
Jan 200901,23735.865.37$6,644
Dec 200801,33737.105.98$7,991
Nov 200801,30855.496.86$8,973
Oct 200801,40575.246.92$9,725
Sep 200801,288101.767.88$10,146
Aug 200801,460114.228.48$12,385
Jul 200801,514131.0811.39$17,244
Jun 200801,513131.3313.03$19,718
May 200801,610123.1711.57$18,635
Apr 200801,489110.3110.45$15,567
Mar 2008181,772101.909.66$18,959
Feb 200801,60192.538.77$14,042
Jan 200801,69790.388.21$13,925
Dec 200701,65688.337.30$12,092
Nov 200701,74591.677.29$12,724
Oct 200701,79082.856.92$12,390
Sep 200701,81575.846.24$11,333
Aug 200701,99169.066.39$12,718
Jul 200702,07870.906.39$13,274
Jun 200702,02462.007.55$15,278
May 200702,14458.747.85$16,822
Apr 200702,01959.617.81$15,759
Mar 200702,13356.927.30$15,575
Feb 200701,92455.108.22$15,808
Jan 200702,11550.306.73$14,227
Dec 200602,08456.656.92$14,418
Nov 200601,99654.207.62$15,204
Oct 200602,15354.906.01$12,948
Sep 200602,08860.085.04$10,518
Aug 200602,25968.717.34$16,581
Jul 200602,29469.376.34$14,550
Jun 200602,24866.286.38$14,351
May 200601,95166.016.42$12,535
Apr 200601,89364.397.36$13,933
Mar 200601,84856.707.08$13,089
Feb 200601,73657.597.75$13,456
Jan 200601,94760.598.93$17,393
Dec 200502,07354.9413.42$27,810
Nov 200502,05454.6910.59$21,749
Oct 200502,17858.3413.80$30,047
Sep 200502,16861.4512.08$26,187
Aug 200502,11361.519.80$20,701
Jul 200502,47155.697.84$19,382
Jun 200502,21552.337.38$16,349
May 200502,37745.226.65$15,810
Apr 200502,39149.207.36$17,599
Mar 200502,48450.377.15$17,773
Feb 200501,79545.226.31$11,330
Jan 200502,29543.166.32$14,509
Dec 200402,61339.866.75$17,641
Nov 200402,44045.286.33$15,446
Oct 200402,65849.706.52$17,317
Sep 200402,46243.245.28$13,009
Aug 200402,67542.375.55$14,848
Jul 200402,69338.286.08$16,385
Jun 200402,73636.106.43$17,601
May 200403,01837.486.49$19,601
Apr 200402,88034.475.86$16,872
Mar 200402,93734.365.53$16,242
Feb 200402,80632.455.51$15,460
Jan 200403,05332.036.30$19,233
Dec 200303,03030.266.30$19,094
Nov 200302,95328.804.60$13,570
Oct 200303,22028.174.76$15,326
Sep 200303,23726.314.75$15,374
Aug 200303,57729.765.13$18,349
Jul 200303,60129.415.17$18,620
Jun 200303,62028.565.98$21,658
May 200304,02826.595.97$24,058
Apr 200303,90326.675.41$21,105
Mar 20031424,15831.146.10$29,769
Feb 200303,86933.487.93$30,665
Jan 200304,23430.315.58$23,634
Dec 200204,54826.914.85$22,075
Nov 200204,70124.664.14$19,448
Oct 200204,81826.464.23$20,376
Sep 200204,75127.443.64$17,271
Aug 200205,18525.963.16$16,406
Jul 200205,15724.583.06$15,790
Jun 200204,80923.733.34$16,054
May 200205,28224.663.58$18,931
Apr 200205,28723.653.51$18,570
Mar 200205,71422.003.10$17,729
Feb 200205,41118.222.38$12,855
Jan 200205,98017.172.38$14,207
Dec 200106,31416.932.36$14,929
Nov 200106,28918.072.41$15,128
Oct 200106,64819.782.53$16,812
Sep 200106,53824.262.25$14,719
Aug 200107,40324.873.05$22,603
Jul 200107,48323.933.20$23,924
Jun 200107,37924.563.82$28,218
May 200108,25425.524.31$35,553
Apr 200107,88824.685.34$42,085
Mar 200108,78824.545.38$47,248
Feb 200108,43627.755.77$48,651
Jan 200109,14227.478.40$76,781
Dec 200009,52926.889.12$86,928
Nov 200009,23432.215.66$52,246
Oct 200009,95031.235.15$51,198
Sep 200009,86031.875.19$51,139
Aug 2000010,46529.644.54$47,519
Jul 200008,93928.534.09$36,558
Jun 2000010,38829.304.40$45,679
May 2000010,80827.263.68$39,771
Apr 2000012,05824.513.12$37,573
Mar 2000012,82128.422.86$36,665
Feb 2000011,50527.622.73$31,368
Jan 2000013,28325.272.48$32,948
Dec 199919213,96024.282.42$38,497
Nov 1999014,19423.192.43$34,548
Oct 1999015,60320.982.80$43,746
Sep 1999016,09121.752.62$42,140
Aug 1999017,46919.262.88$50,234
Jul 1999018,48617.892.37$43,856
Jun 1999018,75915.942.36$44,311
May 1999020,59515.792.32$47,801
Apr 1999017,02715.102.21$37,596
Mar 1999017,73712.471.84$32,606
Feb 1999018,0419.981.82$32,795
Jan 1999022,86510.381.90$43,442
Dec 199817522,4899.201.77$41,490
Nov 1998024,22010.892.19$52,938
Oct 1998016,18212.421.97$31,866
Sep 199809,74012.592.08$20,285
Aug 1998015,65511.301.91$29,860
Jul 1998014,51511.742.24$32,474
Jun 1998013,55811.242.24$30,333
May 1998038512.622.21$849

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.

Jan 2012 — as filed, then multipliedworked
Condensate             2 bbl  × $ 98.09 =       $196
Gas                  113 Mcf  × $  2.73 =       $309

────────────────────────────────────────────────────
Month total                                     $505

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/170364 is the state's own key, not one this site invented.