PALAFOX EXPLORATION CO. -17-

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 170545District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Sep 1998 – May 2026
Value, last 12 filed months
$19 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 Gas111999-09-20140803
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
CondensateDisposition1,123 bbl$28,110
GasProduction970,600 Mcf$3,909,273
Total$3,937,383

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 28.0621, -99.8213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06207, -99.82131 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,760 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 5,760 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-4793697325,760 ftSep 1998

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

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026042159.138.00$3,367
Dec 2025067256.664.41$2,966
Nov 2025067258.593.93$2,639
Oct 2025068259.383.30$2,254
Sep 2025074462.743.08$2,289
Aug 2025074763.933.01$2,252
Jul 2025053966.743.32$1,787
Jun 2025056866.483.13$1,777
May 2025054260.553.23$1,752
Apr 2025060762.363.54$2,151
Mar 2025063467.704.27$2,706
Feb 2025043870.884.34$1,901
Jan 2025043974.324.28$1,878
Dec 2024053568.993.12$1,670
Nov 2024058869.052.20$1,293
Oct 2024042571.372.28$970
Sep 2024075969.612.36$1,795
Aug 2024057275.632.06$1,180
Jul 2024040779.932.15$874
Jun 2024053578.082.63$1,409
May 2024055878.812.20$1,227
Apr 2024066484.451.66$1,102
Mar 2024084180.301.55$1,299
Feb 2024092276.091.78$1,645
Jan 2024095673.023.30$3,153
Dec 2023055871.262.61$1,457
Nov 2023062777.892.81$1,760
Oct 2023086885.443.09$2,680
Sep 2023089189.042.74$2,437
Aug 2023051180.522.67$1,366
Jul 2023071374.852.64$1,884
Jun 2023083068.962.26$1,875
May 2023085470.622.23$1,902
Apr 202301,10178.122.24$2,464
Mar 202301,05572.852.39$2,525
Feb 2023072375.112.47$1,783
Jan 2023059976.533.39$2,029
Dec 202201,13776.415.73$6,514
Nov 202201,07385.005.65$6,058
Oct 2022092887.185.86$5,442
Sep 202201,02684.888.16$8,376
Aug 202201,10394.529.13$10,067
Jul 202201,031101.587.54$7,776
Jun 20220827115.097.98$6,597
May 20220736109.378.43$6,207
Apr 20220759104.226.84$5,190
Mar 20220279108.885.08$1,416
Feb 2022049291.054.86$2,391
Jan 2022033881.844.54$1,534
Dec 2021068671.323.90$2,675
Nov 2021040877.435.24$2,137
Oct 2021082879.795.71$4,731
Sep 2021073469.865.35$3,928
Aug 2021082866.024.22$3,495
Jul 2021088070.783.98$3,504
Jun 2021090269.493.38$3,049
May 202101,00263.483.02$3,024
Apr 202101,02160.362.76$2,816
Mar 2021074361.302.72$2,019
Feb 2021082657.805.55$4,583
Jan 202101,00750.412.81$2,830
Dec 202001,01344.642.68$2,710
Nov 202001,06638.772.71$2,885
Oct 2020084636.972.48$2,097
Sep 2020096137.091.99$1,913
Aug 202001,07039.982.39$2,552
Jul 2020059438.371.83$1,084
Jun 202001,08934.901.69$1,841
May 202001,11616.921.81$2,025
Apr 2020073814.751.80$1,332
Mar 2020093830.341.86$1,741
Feb 2020094849.881.98$1,878
Jan 202001,20757.252.09$2,528
Dec 2019085459.012.30$1,968
Nov 201901,07855.302.75$2,965
Oct 201901,07253.472.42$2,593
Sep 201901,17155.052.66$3,112
Aug 201901,01353.112.30$2,334
Jul 2019095456.272.46$2,347
Jun 2019059352.782.49$1,477
May 2019083358.482.74$2,283
Apr 2019074862.632.75$2,058
Mar 2019096056.803.06$2,940
Feb 2019064750.852.79$1,807
Jan 2019081746.033.23$2,637
Dec 2018079346.594.19$3,319
Nov 2018081552.934.24$3,453
Oct 2018061061.443.40$2,073
Sep 2018075059.543.11$2,331
Aug 2018079359.403.07$2,432
Jul 2018090865.142.93$2,662
Jun 2018079260.183.08$2,437
May 2018096665.382.90$2,802
Apr 2018069663.842.90$2,019
Mar 2018099561.222.79$2,773
Feb 2018079961.782.77$2,210
Jan 2018074562.874.01$2,987
Dec 2017087957.272.92$2,568
Nov 2017076055.423.12$2,370
Oct 201701,07449.292.98$3,204
Sep 2017096047.523.09$2,964
Aug 2017097045.373.00$2,914
Jul 201701,05443.873.09$3,254
Jun 2017092642.493.09$2,859
May 2017089045.373.26$2,904
Apr 201701,18247.933.21$3,796
Mar 201701,25446.772.98$3,742
Feb 201701,16150.452.95$3,428
Jan 201701,21649.413.42$4,157
Dec 201601,01548.763.72$3,779
Nov 201601,08042.492.64$2,856
Oct 201601,22946.193.09$3,798
Sep 201601,13141.553.10$3,507
Aug 201601,07141.442.92$3,132
Jul 2016092341.622.92$2,699
Jun 2016094145.352.69$2,527
May 2016091642.521.99$1,824
Apr 2016090736.561.99$1,806
Mar 2016096233.011.79$1,726
Feb 2016097326.472.06$2,008
Jan 201601,10827.352.36$2,620
Dec 201501,19132.362.00$2,384
Nov 2015098638.792.17$2,137
Oct 201501,14943.552.43$2,788
Sep 201501,02842.992.76$2,836
Aug 201501,05440.162.87$3,028
Jul 201501,07348.152.95$3,160
Jun 2015090656.152.88$2,612
May 201501,08055.212.96$3,192
Apr 2015097449.822.71$2,636
Mar 201501,11842.892.93$3,281
Feb 2015097244.662.98$2,893
Jan 2015096843.433.10$3,001
Dec 201401,21954.693.59$4,378
Nov 201401,22970.464.25$5,226
Oct 201401,14478.303.90$4,463
Sep 201401,11486.164.05$4,507
Aug 201401,35989.394.04$5,484
Jul 201401,27896.564.18$5,342
Jun 201401,31398.164.74$6,220
May 201401,43394.734.73$6,773
Apr 201401,30495.944.81$6,271
Mar 201401,26695.895.06$6,402
Feb 201401,11597.406.19$6,904
Jan 201401,30190.404.86$6,324
Dec 201301,33691.824.35$5,818
Nov 201301,19788.853.74$4,475
Oct 201301,23897.423.78$4,679
Sep 201301,303104.113.72$4,844
Aug 201301,260104.253.52$4,438
Jul 201301,315102.523.72$4,889
Jun 201301,25594.403.93$4,936
May 201301,41094.834.15$5,850
Apr 201301,41093.964.28$6,038
Mar 201301,48193.623.91$5,795
Feb 201301,33191.233.42$4,552
Jan 201301,52591.603.42$5,215
Dec 201201,50986.773.42$5,161
Nov 201201,22686.953.62$4,444
Oct 201201,35389.383.40$4,600
Sep 201201,56994.672.92$4,579
Aug 201201,51692.662.91$4,409
Jul 201201,32785.133.02$4,009
Jun 201201,46679.822.52$3,693
May 201201,46991.612.49$3,655
Apr 201201,627101.652.00$3,249
Mar 201201,516105.052.22$3,369
Feb 201201,343101.102.57$3,452
Jan 201201,62398.092.73$4,437
Dec 201101,57696.873.24$5,106
Nov 201101,52895.723.31$5,060
Oct 201101,58684.983.65$5,787
Sep 201101,48783.623.99$5,927
Aug 201101,53383.404.15$6,361
Jul 201101,64094.144.52$7,408
Jun 201101,66292.904.64$7,711
May 201101,77398.134.40$7,810
Apr 201101,712105.964.33$7,419
Mar 201101,94196.364.06$7,875
Feb 201101,63785.644.18$6,843
Jan 201101,94986.504.59$8,944
Dec 201001,75285.734.35$7,617
Nov 201001,58680.843.80$6,019
Oct 201001,50078.103.51$5,263
Sep 201001,54372.633.98$6,140
Aug 201001,82973.684.42$8,083
Jul 201001,74272.554.74$8,251
Jun 201001,83170.364.91$8,991
May 201001,70871.124.24$7,234
Apr 201001,65781.694.12$6,831
Mar 201002,06678.394.39$9,067
Feb 201001,86673.585.44$10,155
Jan 201002,03174.365.96$12,113
Dec 200901,88971.445.48$10,359
Nov 200901,91274.593.75$7,173
Oct 200902,03272.544.11$8,352
Sep 200902,14665.543.06$6,577
Aug 200901,68267.423.22$5,414
Jul 200901,67061.133.46$5,786
Jun 200901,64666.163.90$6,411
May 200901,71454.743.93$6,729
Apr 200901,84546.773.59$6,619
Mar 200901,89942.144.06$7,708
Feb 200901,64632.814.63$7,626
Jan 200901,91135.865.37$10,264
Dec 200801,97337.105.98$11,793
Nov 200801,83455.496.86$12,582
Oct 200801,96275.246.92$13,581
Sep 200801,999101.767.88$15,746
Aug 200802,049114.228.48$17,382
Jul 2008512,285131.0811.39$32,710
Jun 200802,153131.3313.03$28,059
May 200802,441123.1711.57$28,253
Apr 200802,460110.3110.45$25,719
Mar 200802,474101.909.66$23,909
Feb 200802,70092.538.77$23,681
Jan 200801,92090.388.21$15,755
Dec 200701,74988.337.30$12,771
Nov 200701,73091.677.29$12,615
Oct 200701,72482.856.92$11,933
Sep 200701,75175.846.24$10,934
Aug 200701,91169.066.39$12,207
Jul 200702,26770.906.39$14,481
Jun 200702,00162.007.55$15,104
May 200702,06558.747.85$16,203
Apr 200702,17559.617.81$16,976
Mar 200702,26256.927.30$16,517
Feb 200702,07555.108.22$17,048
Jan 200702,36850.306.73$15,929
Dec 200602,04856.656.92$14,169
Nov 200602,55254.207.62$19,440
Oct 200602,57554.906.01$15,486
Sep 200602,64960.085.04$13,344
Aug 200602,73768.717.34$20,089
Jul 200602,79369.376.34$17,715
Jun 200602,68566.286.38$17,141
May 200602,72466.016.42$17,502
Apr 200602,82964.397.36$20,823
Mar 200603,00056.707.08$21,249
Feb 200602,57057.597.75$19,920
Jan 200602,95960.598.93$26,434
Dec 200502,86654.9413.42$38,449
Nov 200502,80654.6910.59$29,711
Oct 200502,90058.3413.80$40,008
Sep 200502,87361.4512.08$34,703
Aug 200503,10061.519.80$30,370
Jul 200503,21855.697.84$25,241
Jun 200502,96552.337.38$21,885
May 200503,14045.226.65$20,885
Apr 200503,06349.207.36$22,545
Mar 200503,26350.377.15$23,346
Feb 200502,92145.226.31$18,437
Jan 20051123,36243.166.32$26,089
Dec 200403,26539.866.75$22,042
Nov 200403,43145.286.33$21,720
Oct 200403,24149.706.52$21,115
Sep 200403,38043.245.28$17,860
Aug 200403,69142.375.55$20,487
Jul 200403,42338.286.08$20,826
Jun 200403,06436.106.43$19,711
May 200403,30337.486.49$21,452
Apr 200403,27134.475.86$19,163
Mar 200403,53034.365.53$19,521
Feb 200402,92932.455.51$16,138
Jan 200403,41132.036.30$21,488
Dec 200303,14330.266.30$19,806
Nov 200303,22228.804.60$14,806
Oct 200303,60328.174.76$17,149
Sep 200303,81826.314.75$18,133
Aug 200303,20829.765.13$16,456
Jul 200302,95729.415.17$15,290
Jun 200303,39128.565.98$20,288
May 200303,72726.595.97$22,260
Apr 200303,88326.675.41$20,996
Mar 200304,17331.146.10$25,439
Feb 200303,80233.487.93$30,134
Jan 200304,46130.315.58$24,901
Dec 200204,53926.914.85$22,031
Nov 200204,76924.664.14$19,729
Oct 200214,49426.464.23$19,032
Sep 200235,18327.443.64$18,924
Aug 200205,57425.963.16$17,637
Jul 200225,29224.583.06$16,252
Jun 200205,32123.733.34$17,763
May 200205,60824.663.58$20,099
Apr 200205,32223.653.51$18,693
Mar 200206,00622.003.10$18,635
Feb 200204,24118.222.38$10,075
Jan 200203,36517.172.38$7,994
Dec 200104,78716.932.36$11,318
Nov 200105,34418.072.41$12,855
Oct 200105,81719.782.53$14,710
Sep 200105,11824.262.25$11,522
Aug 200105,19924.873.05$15,873
Jul 200105,37123.933.20$17,172
Jun 200104,72224.563.82$18,058
May 20011765,33925.524.31$27,488
Apr 200105,15824.685.34$27,520
Mar 200105,66324.545.38$30,447
Feb 200106,02327.755.77$34,735
Jan 200107,06727.478.40$59,354
Dec 200007,65426.889.12$69,824
Nov 200008,20032.215.66$46,396
Oct 200008,87831.235.15$45,682
Sep 200009,68331.875.19$50,221
Aug 2000010,13229.644.54$46,007
Jul 2000010,47628.534.09$42,844
Jun 2000010,99029.304.40$48,326
May 2000012,40727.263.68$45,655
Apr 2000013,56624.513.12$42,272
Mar 2000013,92828.422.86$39,831
Feb 2000010,98227.622.73$29,942
Jan 200019217,68825.272.48$48,727
Dec 1999017,05424.282.42$41,334
Nov 1999010,20423.192.43$24,836
Oct 1999011,71020.982.80$32,831
Sep 1999012,40921.752.62$32,497
Aug 1999010,53119.262.88$30,283
Jul 1999010,46717.892.37$24,832
Jun 199919512,62115.942.36$32,920
May 1999014,79315.792.32$34,335
Apr 1999015,57015.102.21$34,379
Mar 1999019,32712.471.84$35,529
Feb 199919420,6979.981.82$39,559
Jan 199919724,24910.381.90$48,117
Dec 1998031,0149.201.77$54,998
Nov 1998033,91910.892.19$74,137
Oct 1998035,79612.421.97$70,490
Sep 199802,81312.592.08$5,858

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  421 Mcf  × $  8.00 =     $3,367

────────────────────────────────────────────────────
Month total                                   $3,367

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/170545 is the state's own key, not one this site invented.