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 170368District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jun 1998 – Feb 2026
Value, last 12 filed months
$2 k
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 Gas111999-05-17140488
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
CondensateDisposition2,009 bbl$44,464
GasProduction889,072 Mcf$3,503,106
Total$3,547,571

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 28.0675, -99.8040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06749, -99.80395 · 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
5,807 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 5,807 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

42-47936934F 265,807 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 (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

Feb 20260063.503.75$0
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 2025044967.704.27$1,916
Feb 2025052970.884.34$2,296
Jan 2025030174.324.28$1,288
Dec 2024018868.993.12$587
Nov 2024036269.052.20$796
Oct 2024026171.372.28$595
Sep 2024025369.612.36$598
Aug 2024049475.632.06$1,019
Jul 2024049679.932.15$1,065
Jun 2024052178.082.63$1,372
May 2024055778.812.20$1,225
Apr 2024054784.451.66$908
Mar 2024050880.301.55$785
Feb 2024098676.091.78$1,759
Jan 2024046573.023.30$1,533
Dec 2023041271.262.61$1,076
Nov 2023040977.892.81$1,148
Oct 2023045885.443.09$1,414
Sep 2023057289.042.74$1,564
Aug 2023041480.522.67$1,107
Jul 2023094174.852.64$2,486
Jun 2023054568.962.26$1,231
May 2023085770.622.23$1,909
Apr 2023080778.122.24$1,806
Mar 2023073172.852.39$1,749
Feb 2023067075.112.47$1,652
Jan 2023070676.533.39$2,392
Dec 2022058076.415.73$3,323
Nov 2022051185.005.65$2,885
Oct 2022054787.185.86$3,207
Sep 2022059284.888.16$4,833
Aug 2022066894.529.13$6,097
Jul 20220663101.587.54$5,000
Jun 20220693115.097.98$5,528
May 20220818109.378.43$6,898
Apr 20220539104.226.84$3,685
Mar 20220388108.885.08$1,970
Feb 2022048991.054.86$2,376
Jan 2022054581.844.54$2,473
Dec 2021058471.323.90$2,277
Nov 202101,02177.435.24$5,347
Oct 2021024679.795.71$1,406
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 2018024146.594.19$1,009
Nov 2018021152.934.24$894
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 2016066142.492.64$1,748
Oct 2016075146.193.09$2,321
Sep 2016066041.553.10$2,046
Aug 2016069741.442.92$2,038
Jul 2016069941.622.92$2,044
Jun 2016058745.352.69$1,577
May 2016057342.521.99$1,141
Apr 2016055836.561.99$1,111
Mar 2016048833.011.79$875
Feb 201605926.472.06$122
Jan 2016032527.352.36$768
Dec 2015066132.362.00$1,323
Nov 2015073338.792.17$1,589
Oct 2015067043.552.43$1,626
Sep 2015080642.992.76$2,223
Aug 2015086040.162.87$2,470
Jul 2015078848.152.95$2,321
Jun 2015080656.152.88$2,324
May 2015037055.212.96$1,094
Apr 20150049.822.71$0
Mar 2015017342.892.93$508
Feb 2015073544.662.98$2,188
Jan 2015080143.433.10$2,484
Dec 2014091254.693.59$3,275
Nov 2014093870.464.25$3,988
Oct 2014087278.303.90$3,402
Sep 201411,27086.164.05$5,224
Aug 201401,37989.394.04$5,564
Jul 201401,32696.564.18$5,542
Jun 201411,07398.164.74$5,181
May 201401,03494.734.73$4,887
Apr 2014083795.944.81$4,025
Mar 2014073395.895.06$3,707
Feb 2014076397.406.19$4,725
Jan 2014095690.404.86$4,647
Dec 201301,06391.824.35$4,629
Nov 2013098988.853.74$3,697
Oct 2013078097.423.78$2,948
Sep 201301,355104.113.72$5,038
Aug 201301,567104.253.52$5,520
Jul 201301,468102.523.72$5,458
Jun 201301,21594.403.93$4,779
May 201301,33394.834.15$5,531
Apr 201301,35693.964.28$5,807
Mar 201301,17693.623.91$4,602
Feb 201301,10191.233.42$3,765
Jan 201301,28891.603.42$4,405
Dec 2012090586.773.42$3,095
Nov 2012090786.953.62$3,288
Oct 2012085789.383.40$2,914
Sep 2012075294.672.92$2,195
Aug 2012081492.662.91$2,367
Jul 2012091085.133.02$2,749
Jun 2012086079.822.52$2,166
May 2012099291.612.49$2,468
Apr 201201,336101.652.00$2,668
Mar 20120729105.052.22$1,620
Feb 201201,253101.102.57$3,221
Jan 2012281,08198.092.73$5,702
Dec 201101,08296.873.24$3,505
Nov 201101,25795.723.31$4,162
Oct 201101,69984.983.65$6,199
Sep 201101,24683.623.99$4,966
Aug 201101,03683.404.15$4,299
Jul 20110094.144.52$0
Jun 2011057892.904.64$2,682
May 2011097898.134.40$4,308
Apr 201101,611105.964.33$6,981
Mar 201101,49596.364.06$6,066
Feb 201101,36185.644.18$5,689
Jan 201101,51886.504.59$6,966
Dec 201001,53385.734.35$6,665
Nov 201001,59280.843.80$6,042
Oct 201001,53878.103.51$5,397
Sep 201001,40872.633.98$5,603
Aug 201001,56073.684.42$6,894
Jul 201001,33972.554.74$6,342
Jun 201001,50470.364.91$7,385
May 201001,44371.124.24$6,111
Apr 201001,34181.694.12$5,529
Mar 201001,30478.394.39$5,723
Feb 201001,17273.585.44$6,378
Jan 201001,24674.365.96$7,431
Dec 200901,29071.445.48$7,074
Nov 200901,40374.593.75$5,263
Oct 200901,48772.544.11$6,112
Sep 200901,55665.543.06$4,769
Aug 200901,74867.423.22$5,626
Jul 200901,69361.133.46$5,865
Jun 200901,67366.163.90$6,516
May 200901,70454.743.93$6,689
Apr 200901,60546.773.59$5,758
Mar 200901,68142.144.06$6,823
Feb 200901,60132.814.63$7,417
Jan 200901,75335.865.37$9,415
Dec 200801,74837.105.98$10,448
Nov 200801,67055.496.86$11,457
Oct 2008101,85675.246.92$13,600
Sep 200801,770101.767.88$13,942
Aug 200801,932114.228.48$16,389
Jul 200801,964131.0811.39$22,369
Jun 200801,938131.3313.03$25,257
May 200802,110123.1711.57$24,422
Apr 200801,743110.3110.45$18,223
Mar 200801,657101.909.66$16,013
Feb 200801,38692.538.77$12,156
Jan 200801,31590.388.21$10,791
Dec 200701,34188.337.30$9,792
Nov 200701,56091.677.29$11,375
Oct 200701,69082.856.92$11,698
Sep 200701,57975.846.24$9,860
Aug 200701,67969.066.39$10,725
Jul 200701,76670.906.39$11,281
Jun 20071061,44662.007.55$17,487
May 200701,61158.747.85$12,640
Apr 200701,58459.617.81$12,363
Mar 200701,69456.927.30$12,370
Feb 200701,57655.108.22$12,948
Jan 200701,74850.306.73$11,759
Dec 200601,80556.656.92$12,488
Nov 200601,89954.207.62$14,466
Oct 200602,02954.906.01$12,202
Sep 200601,73860.085.04$8,755
Aug 200602,04468.717.34$15,003
Jul 200602,30369.376.34$14,607
Jun 200602,18666.286.38$13,955
May 200602,14066.016.42$13,750
Apr 200601,98264.397.36$14,588
Mar 200602,10356.707.08$14,895
Feb 200601,87157.597.75$14,502
Jan 200602,01460.598.93$17,992
Dec 200502,05454.9413.42$27,555
Nov 200502,25254.6910.59$23,845
Oct 200502,58458.3413.80$35,648
Sep 200502,32261.4512.08$28,047
Aug 200502,68061.519.80$26,256
Jul 200502,87455.697.84$22,543
Jun 200502,93252.337.38$21,641
May 200503,26345.226.65$21,703
Apr 200503,18749.207.36$23,458
Mar 200503,13850.377.15$22,452
Feb 200502,77645.226.31$17,522
Jan 200503,12043.166.32$19,725
Dec 200402,78039.866.75$18,768
Nov 200402,16345.286.33$13,693
Oct 200402,03749.706.52$13,271
Sep 200401,97143.245.28$10,415
Aug 200402,63042.375.55$14,598
Jul 200402,66438.286.08$16,208
Jun 200402,56636.106.43$16,507
May 2004592,70037.486.49$19,747
Apr 200402,01234.475.86$11,787
Mar 200402,03534.365.53$11,254
Feb 200402,52032.455.51$13,884
Jan 200403,09332.036.30$19,485
Dec 200303,50630.266.30$22,094
Nov 200303,60028.804.60$16,543
Oct 200303,90528.174.76$18,586
Sep 200303,91726.314.75$18,603
Aug 200303,82929.765.13$19,642
Jul 200303,28229.415.17$16,971
Jun 200303,49828.565.98$20,928
May 200303,85226.595.97$23,007
Apr 200303,67326.675.41$19,861
Mar 200303,85231.146.10$23,482
Feb 200303,40933.487.93$27,019
Jan 2003273,79230.315.58$21,985
Dec 200203,94426.914.85$19,143
Nov 200203,70424.664.14$15,323
Oct 200203,92326.464.23$16,591
Sep 200203,77827.443.64$13,734
Aug 200204,35425.963.16$13,777
Jul 200204,14524.583.06$12,691
Jun 200204,09023.733.34$13,653
May 200204,60824.663.58$16,515
Apr 200205,17923.653.51$18,190
Mar 200204,99222.003.10$15,489
Feb 200204,98218.222.38$11,836
Jan 200205,11317.172.38$12,147
Dec 200105,48116.932.36$12,959
Nov 20011625,66318.072.41$16,550
Oct 200105,39719.782.53$13,648
Sep 200105,33224.262.25$12,004
Aug 200106,38824.873.05$19,504
Jul 200106,97123.933.20$22,287
Jun 200106,07024.563.82$23,213
May 200106,94725.524.31$29,923
Apr 200107,59224.685.34$40,506
Mar 200108,51124.545.38$45,759
Feb 200107,55127.755.77$43,547
Jan 200108,63627.478.40$72,532
Dec 20001729,13526.889.12$87,957
Nov 200009,35032.215.66$52,902
Oct 200009,40331.235.15$48,383
Sep 2000010,66831.875.19$55,330
Aug 2000011,92929.644.54$54,167
Jul 200018512,64228.534.09$56,981
Jun 2000013,49629.304.40$59,345
May 2000011,78327.263.68$43,358
Apr 200008,23324.513.12$25,654
Mar 200009,32028.422.86$26,653
Feb 2000010,29027.622.73$28,056
Jan 200009,95625.272.48$24,696
Dec 199917711,18824.282.42$31,414
Nov 1999012,39223.192.43$30,162
Oct 1999014,01420.982.80$39,291
Sep 1999013,78721.752.62$36,106
Aug 199917814,75619.262.88$45,861
Jul 1999016,21017.892.37$38,456
Jun 1999017,03615.942.36$40,241
May 199918918,27715.792.32$45,406
Apr 1999020,12415.102.21$44,435
Mar 1999022,53112.471.84$41,419
Feb 1999021,3069.981.82$38,730
Jan 199918525,90710.381.90$51,142
Dec 199817724,7709.201.77$45,554
Nov 199818320,72210.892.19$47,285
Oct 199816922,41112.421.97$46,231
Sep 1998012,78712.592.08$26,630
Aug 1998022,51211.301.91$42,938
Jul 1998021,46011.742.24$48,012
Jun 1998093011.242.24$2,081

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                  449 Mcf  × $  4.27 =     $1,916

────────────────────────────────────────────────────
Month total                                   $1,916

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/170368 is the state's own key, not one this site invented.