PALAFOX EXPLORATION CO. -22-

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 172850District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Dec 1998 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
330
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 Gas111999-09-21140807
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
CondensateDisposition456 bbl$10,812
GasProduction633,504 Mcf$2,534,292
Total$2,545,103

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 28.0904, -99.8231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09042, -99.82315 · 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
5,730 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 5,730 ft.

Completions filed
Dec 1998
1 of 1 wells

1 well

42-4793715635,730 ftDec 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 (330)

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

330 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026055759.138.00$4,455
Dec 2025062456.664.41$2,754
Nov 2025081358.593.93$3,192
Oct 2025082659.383.30$2,730
Sep 202501,02662.743.08$3,157
Aug 202501,17063.933.01$3,527
Jul 2025091166.743.32$3,020
Jun 2025089166.483.13$2,788
May 2025070160.553.23$2,266
Apr 2025089762.363.54$3,178
Mar 2025086367.704.27$3,684
Feb 2025070970.884.34$3,078
Jan 2025073274.324.28$3,132
Dec 2024093468.993.12$2,915
Nov 202401,12969.052.20$2,482
Oct 202401,08871.372.28$2,482
Sep 2024073369.612.36$1,733
Aug 2024093275.632.06$1,923
Jul 2024061279.932.15$1,314
Jun 202401,08978.082.63$2,868
May 202401,10978.812.20$2,438
Apr 2024098384.451.66$1,631
Mar 202401,10380.301.55$1,704
Feb 202401,18176.091.78$2,106
Jan 202401,37173.023.30$4,521
Dec 2023094571.262.61$2,467
Nov 2023092677.892.81$2,600
Oct 202301,20185.443.09$3,708
Sep 2023082289.042.74$2,248
Aug 2023064280.522.67$1,716
Jul 202301,27774.852.64$3,374
Jun 202301,37768.962.26$3,110
May 202301,29670.622.23$2,887
Apr 202301,41578.122.24$3,166
Mar 2023021572.852.39$515
Feb 2023039675.112.47$976
Jan 2023077176.533.39$2,612
Dec 202201,00176.415.73$5,735
Nov 202201,41485.005.65$7,984
Oct 202201,33987.185.86$7,852
Sep 202201,53584.888.16$12,531
Aug 202201,23394.529.13$11,254
Jul 202201,208101.587.54$9,111
Jun 202201,297115.097.98$10,346
May 202201,215109.378.43$10,246
Apr 202201,310104.226.84$8,957
Mar 202201,241108.885.08$6,300
Feb 2022096191.054.86$4,669
Jan 2022079681.844.54$3,612
Dec 202101,15371.323.90$4,496
Nov 202101,11577.435.24$5,839
Oct 202101,37279.795.71$7,839
Sep 202101,06769.865.35$5,709
Aug 202101,04666.024.22$4,415
Jul 202101,27070.783.98$5,057
Jun 2021094869.493.38$3,205
May 2021079863.483.02$2,408
Apr 202101,07360.362.76$2,960
Mar 2021094061.302.72$2,554
Feb 2021068557.805.55$3,800
Jan 2021088250.412.81$2,479
Dec 2020077444.642.68$2,071
Nov 2020081838.772.71$2,214
Oct 2020096536.972.48$2,392
Sep 2020097737.091.99$1,945
Aug 2020085839.982.39$2,046
Jul 2020084438.371.83$1,540
Jun 2020082834.901.69$1,400
May 202001,19416.921.81$2,167
Apr 2020084714.751.80$1,528
Mar 2020085930.341.86$1,595
Feb 202001,00449.881.98$1,989
Jan 202001,56257.252.09$3,272
Dec 201901,44359.012.30$3,325
Nov 201901,46255.302.75$4,022
Oct 201901,34353.472.42$3,248
Sep 201901,25555.052.66$3,335
Aug 201901,06153.112.30$2,445
Jul 201901,11156.272.46$2,733
Jun 2019045952.782.49$1,143
May 2019058458.482.74$1,600
Apr 2019062162.632.75$1,708
Mar 2019073956.803.06$2,263
Feb 2019049250.852.79$1,374
Jan 201901,03146.033.23$3,328
Dec 201801,05846.594.19$4,428
Nov 2018084452.934.24$3,576
Oct 2018096161.443.40$3,266
Sep 201801,05859.543.11$3,288
Aug 201801,26959.403.07$3,891
Jul 201801,21565.142.93$3,562
Jun 2018077060.183.08$2,369
May 201801,07265.382.90$3,110
Apr 2018068263.842.90$1,978
Mar 2018087961.222.79$2,450
Feb 2018068261.782.77$1,886
Jan 2018093562.874.01$3,749
Dec 2017058357.272.92$1,703
Nov 2017093055.423.12$2,900
Oct 2017076049.292.98$2,268
Sep 2017093547.523.09$2,887
Aug 201701,34845.373.00$4,050
Jul 201701,12643.873.09$3,476
Jun 2017067942.493.09$2,096
May 201701,03845.373.26$3,387
Apr 201701,07947.933.21$3,465
Mar 2017073246.772.98$2,184
Feb 2017089950.452.95$2,654
Jan 201701,04749.413.42$3,579
Dec 2016099548.763.72$3,704
Nov 201601,07842.492.64$2,851
Oct 201601,02546.193.09$3,168
Sep 201601,54941.553.10$4,803
Aug 201601,30941.442.92$3,828
Jul 201601,05541.622.92$3,085
Jun 201601,47845.352.69$3,970
May 201601,21342.521.99$2,415
Apr 201601,02836.561.99$2,047
Mar 201601,06333.011.79$1,907
Feb 201601,02026.472.06$2,105
Jan 201601,16027.352.36$2,743
Dec 201501,43332.362.00$2,868
Nov 2015088838.792.17$1,925
Oct 201501,14643.552.43$2,781
Sep 201501,26642.992.76$3,492
Aug 201501,54840.162.87$4,447
Jul 201501,57148.152.95$4,627
Jun 201501,55956.152.88$4,494
May 201501,33055.212.96$3,931
Apr 201501,24449.822.71$3,367
Mar 201501,61842.892.93$4,748
Feb 201501,40844.662.98$4,190
Jan 201501,26643.433.10$3,925
Dec 201401,15154.693.59$4,134
Nov 2014089170.464.25$3,788
Oct 2014073178.303.90$2,852
Sep 2014087786.164.05$3,548
Aug 2014067089.394.04$2,704
Jul 2014055696.564.18$2,324
Jun 2014063498.164.74$3,003
May 2014081994.734.73$3,871
Apr 2014092295.944.81$4,434
Mar 201401,10995.895.06$5,608
Feb 2014068997.406.19$4,266
Jan 201401,10690.404.86$5,376
Dec 201301,23391.824.35$5,369
Nov 2013084488.853.74$3,155
Oct 201301,19997.423.78$4,531
Sep 201301,104104.113.72$4,104
Aug 201301,259104.253.52$4,435
Jul 20130976102.523.72$3,629
Jun 201301,15194.403.93$4,527
May 2013079494.834.15$3,294
Apr 2013079493.964.28$3,400
Mar 201301,12693.623.91$4,406
Feb 2013092891.233.42$3,174
Jan 2013099891.603.42$3,413
Dec 2012097386.773.42$3,328
Nov 2012092886.953.62$3,364
Oct 201201,34089.383.40$4,556
Sep 201201,32894.672.92$3,876
Aug 2012098192.662.91$2,853
Jul 2012085385.133.02$2,577
Jun 2012090479.822.52$2,277
May 201201,27791.612.49$3,178
Apr 201201,317101.652.00$2,630
Mar 20120963105.052.22$2,140
Feb 20120788101.102.57$2,025
Jan 201201,41398.092.73$3,863
Dec 201101,35596.873.24$4,390
Nov 2011093395.723.31$3,089
Oct 201101,34084.983.65$4,889
Sep 201101,35483.623.99$5,397
Aug 201101,52283.404.15$6,315
Jul 201101,13594.144.52$5,127
Jun 201101,61692.904.64$7,498
May 201101,96898.134.40$8,669
Apr 20110786105.964.33$3,406
Mar 2011085296.364.06$3,457
Feb 2011074685.644.18$3,118
Jan 2011086286.504.59$3,956
Dec 2010082285.734.35$3,574
Nov 2010069980.843.80$2,653
Oct 2010085178.103.51$2,986
Sep 2010082972.633.98$3,299
Aug 2010083673.684.42$3,695
Jul 201001,00672.554.74$4,765
Jun 2010085770.364.91$4,208
May 2010091871.124.24$3,888
Apr 2010087581.694.12$3,607
Mar 2010092878.394.39$4,073
Feb 2010098073.585.44$5,334
Jan 201001,12474.365.96$6,704
Dec 200901,20871.445.48$6,624
Nov 200901,09474.593.75$4,104
Oct 200901,00972.544.11$4,147
Sep 2009099865.543.06$3,059
Aug 200901,17667.423.22$3,785
Jul 200901,05361.133.46$3,648
Jun 200901,04766.163.90$4,078
May 200901,34354.743.93$5,272
Apr 200901,33946.773.59$4,804
Mar 200901,24742.144.06$5,062
Feb 2009086532.814.63$4,008
Jan 200901,03435.865.37$5,554
Dec 200801,37537.105.98$8,219
Nov 2008098155.496.86$6,730
Oct 200801,23675.246.92$8,556
Sep 200801,222101.767.88$9,626
Aug 200801,509114.228.48$12,801
Jul 200801,121131.0811.39$12,768
Jun 20080903131.3313.03$11,768
May 200801,042123.1711.57$12,060
Apr 200801,035110.3110.45$10,821
Mar 200801,036101.909.66$10,012
Feb 200801,39292.538.77$12,209
Jan 200801,67990.388.21$13,777
Dec 200701,57188.337.30$11,471
Nov 200701,42291.677.29$10,369
Oct 200701,16382.856.92$8,050
Sep 200701,28275.846.24$8,005
Aug 200701,35869.066.39$8,675
Jul 200701,35370.906.39$8,643
Jun 200701,33662.007.55$10,085
May 200701,39058.747.85$10,906
Apr 200701,71659.617.81$13,394
Mar 200701,76356.927.30$12,873
Feb 200701,68955.108.22$13,877
Jan 200701,70650.306.73$11,476
Dec 200601,85056.656.92$12,799
Nov 200602,36354.207.62$18,000
Oct 200602,45454.906.01$14,758
Sep 200601,68560.085.04$8,488
Aug 200602,22268.717.34$16,309
Jul 200601,83069.376.34$11,607
Jun 200602,23266.286.38$14,249
May 200601,01366.016.42$6,509
Apr 200601,04264.397.36$7,670
Mar 200601,13956.707.08$8,067
Feb 200601,00457.597.75$7,782
Jan 200601,04160.598.93$9,300
Dec 200501,19154.9413.42$15,978
Nov 200501,07954.6910.59$11,425
Oct 200501,32858.3413.80$18,321
Sep 200501,36261.4512.08$16,452
Aug 200501,41661.519.80$13,872
Jul 200501,38555.697.84$10,863
Jun 200501,43752.337.38$10,607
May 200501,40945.226.65$9,371
Apr 200501,31149.207.36$9,650
Mar 200501,55650.377.15$11,133
Feb 200501,50245.226.31$9,481
Jan 200501,37343.166.32$8,680
Dec 200401,90439.866.75$12,854
Nov 200401,80945.286.33$11,452
Oct 200401,87749.706.52$12,229
Sep 200401,88643.245.28$9,965
Aug 200403,54142.375.55$19,655
Jul 2004421,83038.286.08$12,742
Jun 200401,70436.106.43$10,962
May 200401,85737.486.49$12,060
Apr 200401,62534.475.86$9,520
Mar 200402,14934.365.53$11,884
Feb 200401,47532.455.51$8,127
Jan 200401,75032.036.30$11,024
Dec 200301,69730.266.30$10,694
Nov 200301,77028.804.60$8,133
Oct 200301,59028.174.76$7,568
Sep 200301,64626.314.75$7,817
Aug 200302,63829.765.13$13,532
Jul 200302,53729.415.17$13,118
Jun 2003151,95928.565.98$12,149
May 200302,22126.595.97$13,265
Apr 200391,92026.675.41$10,622
Mar 200303,25431.146.10$19,837
Feb 200302,56033.487.93$20,290
Jan 200302,75430.315.58$15,373
Dec 200202,45026.914.85$11,892
Nov 200201,92724.664.14$7,972
Oct 200202,23526.464.23$9,452
Sep 200202,25827.443.64$8,208
Aug 200202,37525.963.16$7,515
Jul 200202,62824.583.06$8,046
Jun 200202,34523.733.34$7,828
May 200202,89824.663.58$10,386
Apr 200202,71623.653.51$9,539
Mar 200202,64422.003.10$8,204
Feb 200202,34718.222.38$5,576
Jan 200201,87417.172.38$4,452
Dec 200103,69516.932.36$8,736
Nov 200103,94018.072.41$9,478
Oct 200104,20319.782.53$10,629
Sep 200103,52924.262.25$7,945
Aug 200104,01524.873.05$12,258
Jul 200103,94623.933.20$12,616
Jun 200103,87424.563.82$14,815
May 200104,42825.524.31$19,073
Apr 200104,32724.685.34$23,086
Mar 200104,28924.545.38$23,060
Feb 200104,01427.755.77$23,149
Jan 200103,12327.478.40$26,229
Dec 200003,97526.889.12$36,262
Nov 200007,38932.215.66$41,807
Oct 200004,51931.235.15$23,253
Sep 200005,22031.875.19$27,074
Aug 200006,62929.644.54$30,101
Jul 200006,18128.534.09$25,279
Jun 200006,61229.304.40$29,075
May 200006,98527.263.68$25,703
Apr 200017,86124.513.12$24,519
Mar 200008,76728.422.86$25,071
Feb 20001977,84927.622.73$26,841
Jan 200019,81025.272.48$24,359
Dec 1999012,12724.282.42$29,392
Nov 199909,62123.192.43$23,417
Oct 199908,00820.982.80$22,452
Sep 199909,35021.752.62$24,486
Aug 199909,30619.262.88$26,760
Jul 1999011,42617.892.37$27,107
Jun 199919112,45515.942.36$32,465
May 1999015,50315.792.32$35,983
Apr 1999013,80315.102.21$30,478
Mar 1999015,24712.471.84$28,029
Feb 1999016,5719.981.82$30,123
Jan 199909,17110.381.90$17,424
Dec 199803,2219.201.77$5,712

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                  557 Mcf  × $  8.00 =     $4,455

────────────────────────────────────────────────────
Month total                                   $4,455

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/172850 is the state's own key, not one this site invented.