PALAFOX EXPLORATION CO. -20B-

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 172822District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$717 k
Feb 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
328
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 Gas111999-09-24140809
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
CondensateDisposition127 bbl$5,996
GasProduction162,504 Mcf$711,360
Total$717,357

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 28.0588, -99.7829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05885, -99.78292 · 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
5,950 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 5,950 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-4793718115,950 ftApr 2020

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 (328)

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

328 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 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 2014031696.564.18$1,321
Jun 2014022398.164.74$1,056
May 2014024894.734.73$1,172
Apr 2014037595.944.81$1,803
Mar 201404795.895.06$238
Feb 201406497.406.19$396
Jan 2014017290.404.86$836
Dec 2013018791.824.35$814
Nov 2013019388.853.74$721
Oct 2013012997.423.78$488
Sep 20130230104.113.72$855
Aug 20130178104.253.52$627
Jul 20130178102.523.72$662
Jun 2013046794.403.93$1,837
May 2013040894.834.15$1,693
Apr 2013040893.964.28$1,747
Mar 2013053193.623.91$2,078
Feb 2013046391.233.42$1,583
Jan 2013044091.603.42$1,505
Dec 2012046086.773.42$1,573
Nov 2012044586.953.62$1,613
Oct 2012048989.383.40$1,662
Sep 2012032094.672.92$934
Aug 2012038992.662.91$1,131
Jul 2012022985.133.02$692
Jun 2012020179.822.52$506
May 2012020191.612.49$500
Apr 20120437101.652.00$873
Mar 20120346105.052.22$769
Feb 20120266101.102.57$684
Jan 2012043398.092.73$1,184
Dec 2011032396.873.24$1,046
Nov 2011036695.723.31$1,212
Oct 2011023584.983.65$857
Sep 2011015883.623.99$630
Aug 2011032983.404.15$1,365
Jul 2011030094.144.52$1,355
Jun 2011027892.904.64$1,290
May 2011023098.134.40$1,013
Apr 20110152105.964.33$659
Mar 2011011396.364.06$458
Feb 201101685.644.18$67
Jan 2011014386.504.59$656
Dec 2010025985.734.35$1,126
Nov 201003080.843.80$114
Oct 2010015578.103.51$544
Sep 2010025872.633.98$1,027
Aug 2010013073.684.42$575
Jul 2010026972.554.74$1,274
Jun 2010026570.364.91$1,301
May 2010040271.124.24$1,703
Apr 2010012181.694.12$499
Mar 2010017478.394.39$764
Feb 2010023173.585.44$1,257
Jan 2010050674.365.96$3,018
Dec 2009051771.445.48$2,835
Nov 2009029474.593.75$1,103
Oct 2009037172.544.11$1,525
Sep 2009021665.543.06$662
Aug 20091747767.423.22$2,681
Jul 2009033861.133.46$1,171
Jun 2009044366.163.90$1,725
May 2009046254.743.93$1,814
Apr 2009045246.773.59$1,622
Mar 2009045442.144.06$1,843
Feb 2009042632.814.63$1,974
Jan 2009042435.865.37$2,277
Dec 2008048237.105.98$2,881
Nov 2008041555.496.86$2,847
Oct 2008039375.246.92$2,720
Sep 20080390101.767.88$3,072
Aug 20080488114.228.48$4,140
Jul 20080449131.0811.39$5,114
Jun 20080380131.3313.03$4,952
May 20080473123.1711.57$5,475
Apr 20080502110.3110.45$5,248
Mar 20080412101.909.66$3,982
Feb 2008045592.538.77$3,991
Jan 2008046590.388.21$3,816
Dec 2007043988.337.30$3,206
Nov 2007046691.677.29$3,398
Oct 2007053682.856.92$3,710
Sep 2007059675.846.24$3,722
Aug 2007057669.066.39$3,679
Jul 2007049270.906.39$3,143
Jun 2007053662.007.55$4,046
May 2007058858.747.85$4,614
Apr 2007065859.617.81$5,136
Mar 2007066956.927.30$4,885
Feb 2007049355.108.22$4,050
Jan 2007058850.306.73$3,955
Dec 2006063656.656.92$4,400
Nov 2006063154.207.62$4,807
Oct 2006077554.906.01$4,661
Sep 2006054060.085.04$2,720
Aug 2006072468.717.34$5,314
Jul 2006064969.376.34$4,116
Jun 2006076566.286.38$4,884
May 2006064966.016.42$4,170
Apr 2006065164.397.36$4,792
Mar 2006052156.707.08$3,690
Feb 2006056857.597.75$4,403
Jan 2006057760.598.93$5,155
Dec 2005011754.9413.42$1,570
Nov 2005045754.6910.59$4,839
Oct 2005054158.3413.80$7,464
Sep 2005068561.4512.08$8,274
Aug 2005072761.519.80$7,122
Jul 20056365755.697.84$8,662
Jun 2005080352.337.38$5,927
May 2005065045.226.65$4,323
Apr 2005073749.207.36$5,425
Mar 2005055350.377.15$3,957
Feb 2005064345.226.31$4,059
Jan 2005069443.166.32$4,388
Dec 2004082839.866.75$5,590
Nov 2004057845.286.33$3,659
Oct 2004067649.706.52$4,404
Sep 2004084243.245.28$4,449
Aug 2004079742.375.55$4,424
Jul 2004072538.286.08$4,411
Jun 2004077036.106.43$4,953
May 2004073737.486.49$4,787
Apr 2004075034.475.86$4,394
Mar 2004090934.365.53$5,027
Feb 2004046932.455.51$2,584
Jan 2004083332.036.30$5,248
Dec 2003074630.266.30$4,701
Nov 200301,18128.804.60$5,427
Oct 2003071728.174.76$3,413
Sep 2003077226.314.75$3,667
Aug 200301,27629.765.13$6,546
Jul 2003381829.415.17$4,318
Jun 20034385028.565.98$6,314
May 2003093326.595.97$5,573
Apr 2003084226.675.41$4,553
Mar 2003098931.146.10$6,029
Feb 2003096033.487.93$7,609
Jan 200301,30830.315.58$7,301
Dec 200201,13226.914.85$5,494
Nov 2002093724.664.14$3,876
Oct 2002096426.464.23$4,077
Sep 200201,05827.443.64$3,846
Aug 200201,09325.963.16$3,458
Jul 200201,16524.583.06$3,567
Jun 200201,07523.733.34$3,589
May 2002097624.663.58$3,498
Apr 2002097823.653.51$3,435
Mar 2002041522.003.10$1,288
Feb 2002017318.222.38$411
Jan 2002056217.172.38$1,335
Dec 200101,16416.932.36$2,752
Nov 200101,52718.072.41$3,673
Oct 200101,45119.782.53$3,669
Sep 2001090824.262.25$2,044
Aug 200101,32824.873.05$4,055
Jul 200101,08323.933.20$3,462
Jun 20010024.563.82$0
May 200101,49825.524.31$6,452
Apr 200101,41324.685.34$7,539
Mar 200101,32624.545.38$7,129
Feb 200101,28427.755.77$7,405
Jan 200101,34527.478.40$11,296
Dec 200001,73026.889.12$15,782
Nov 200001,63532.215.66$9,251
Oct 200001,49831.235.15$7,708
Sep 200001,65131.875.19$8,563
Aug 200001,25029.644.54$5,676
Jul 2000072128.534.09$2,949
Jun 200001,22129.304.40$5,369
May 200001,69027.263.68$6,219
Apr 200002,09724.513.12$6,534
Mar 200002,36028.422.86$6,749
Feb 200002,29627.622.73$6,260
Jan 200012,51925.272.48$6,274
Dec 199902,59924.282.42$6,299
Nov 199902,93423.192.43$7,141
Oct 199903,48720.982.80$9,777
Sep 199903,75821.752.62$9,842
Aug 199904,21219.262.88$12,112
Jul 199906,16917.892.37$14,635
Jun 199906,55015.942.36$15,472
May 199908,60315.792.32$19,968
Apr 199908,37715.102.21$18,497
Mar 199902,35312.471.84$4,326
Feb 199909529.981.82$1,731

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.

Jul 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.56 =         $0
Gas                  316 Mcf  × $  4.18 =     $1,321

────────────────────────────────────────────────────
Month total                                   $1,321

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/172822 is the state's own key, not one this site invented.