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 173078District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Apr 1999 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
326
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 Gas111999-09-20140805
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
CondensateDisposition448 bbl$13,178
GasProduction1,086,662 Mcf$4,857,355
Total$4,870,533

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 28.0591, -99.8277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05915, -99.82775 · 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
5,800 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 5,800 ft.

Completions filed
Apr 1999
1 of 1 wells

1 well

42-4793722845,800 ftApr 1999

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 (326)

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

326 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260563.503.75$19
Jan 2026069659.138.00$5,567
Dec 2025093656.664.41$4,131
Nov 202501,00958.593.93$3,962
Oct 202501,02659.383.30$3,391
Sep 202501,21162.743.08$3,726
Aug 202501,22963.933.01$3,705
Jul 2025097166.743.32$3,219
Jun 202501,03166.483.13$3,226
May 2025093860.553.23$3,032
Apr 202501,02362.363.54$3,625
Mar 202501,10267.704.27$4,704
Feb 2025094270.884.34$4,089
Jan 202501,03974.324.28$4,446
Dec 202401,10068.993.12$3,434
Nov 2024097969.052.20$2,152
Oct 202401,01871.372.28$2,322
Sep 202401,10069.612.36$2,601
Aug 202401,23875.632.06$2,555
Jul 202401,07679.932.15$2,310
Jun 202401,37178.082.63$3,611
May 202401,28478.812.20$2,823
Apr 202401,37084.451.66$2,273
Mar 202401,14880.301.55$1,774
Feb 202401,21276.091.78$2,162
Jan 202401,27773.023.30$4,211
Dec 2023080271.262.61$2,094
Nov 202301,07377.892.81$3,013
Oct 202301,37785.443.09$4,251
Sep 202301,55789.042.74$4,258
Aug 2023094280.522.67$2,518
Jul 202301,44874.852.64$3,825
Jun 202301,40668.962.26$3,175
May 202301,43670.622.23$3,199
Apr 202301,37878.122.24$3,084
Mar 202301,42572.852.39$3,410
Feb 202301,25975.112.47$3,104
Jan 202301,06576.533.39$3,608
Dec 202201,50976.415.73$8,645
Nov 202201,60985.005.65$9,085
Oct 202201,33887.185.86$7,846
Sep 2022096784.888.16$7,894
Aug 202201,59894.529.13$14,585
Jul 202201,552101.587.54$11,705
Jun 202201,416115.097.98$11,296
May 202201,197109.378.43$10,094
Apr 202201,521104.226.84$10,400
Mar 202201,357108.885.08$6,889
Feb 202201,29991.054.86$6,312
Jan 202201,29681.844.54$5,881
Dec 202101,39671.323.90$5,443
Nov 202101,06677.435.24$5,582
Oct 202101,33479.795.71$7,622
Sep 202101,49969.865.35$8,021
Aug 202101,56666.024.22$6,609
Jul 202101,59670.783.98$6,355
Jun 202101,20069.493.38$4,057
May 202101,33263.483.02$4,020
Apr 202101,33860.362.76$3,691
Mar 202101,16461.302.72$3,163
Feb 202101,08357.805.55$6,008
Jan 202101,25750.412.81$3,533
Dec 202001,37944.642.68$3,689
Nov 202001,21838.772.71$3,297
Oct 202001,11736.972.48$2,768
Sep 202001,13637.091.99$2,262
Aug 202001,19239.982.39$2,843
Jul 2020096238.371.83$1,756
Jun 202001,21834.901.69$2,059
May 202001,31916.921.81$2,394
Apr 2020095314.751.80$1,720
Mar 202001,53430.341.86$2,847
Feb 202001,39049.881.98$2,753
Jan 202001,54957.252.09$3,245
Dec 201901,21359.012.30$2,795
Nov 201901,28255.302.75$3,526
Oct 201901,35053.472.42$3,265
Sep 201901,34555.052.66$3,574
Aug 201901,38053.112.30$3,180
Jul 201901,49856.272.46$3,685
Jun 2019097052.782.49$2,416
May 201901,54558.482.74$4,234
Apr 201901,75962.632.75$4,838
Mar 201901,55156.803.06$4,749
Feb 201901,09150.852.79$3,046
Jan 201901,41046.033.23$4,552
Dec 201801,70646.594.19$7,140
Nov 201801,19452.934.24$5,059
Oct 201801,15061.443.40$3,908
Sep 201801,13559.543.11$3,528
Aug 201801,34859.403.07$4,134
Jul 201801,48765.142.93$4,360
Jun 201801,27560.183.08$3,923
May 201801,64365.382.90$4,766
Apr 201801,00463.842.90$2,912
Mar 201801,34361.222.79$3,743
Feb 201801,06561.782.77$2,946
Jan 201801,48062.874.01$5,934
Dec 201701,51757.272.92$4,432
Nov 201701,44955.423.12$4,519
Oct 201701,96149.292.98$5,851
Sep 201701,84847.523.09$5,705
Aug 201702,17745.373.00$6,541
Jul 201702,01943.873.09$6,233
Jun 201701,34142.493.09$4,140
May 201701,60245.373.26$5,228
Apr 201701,79347.933.21$5,758
Mar 201701,61046.772.98$4,804
Feb 201701,68550.452.95$4,975
Jan 201702,09449.413.42$7,159
Dec 201601,93148.763.72$7,189
Nov 201601,56342.492.64$4,133
Oct 201601,66646.193.09$5,148
Sep 201601,62541.553.10$5,039
Aug 201601,78041.442.92$5,205
Jul 201601,67941.622.92$4,910
Jun 201601,78145.352.69$4,783
May 201601,75042.521.99$3,484
Apr 201601,61436.561.99$3,214
Mar 201601,78533.011.79$3,202
Feb 201601,92326.472.06$3,968
Jan 201601,94627.352.36$4,601
Dec 201502,21832.362.00$4,439
Nov 201502,10538.792.17$4,562
Oct 201501,66843.552.43$4,048
Sep 201502,08342.992.76$5,746
Aug 201502,20940.162.87$6,345
Jul 201502,07948.152.95$6,123
Jun 201502,09056.152.88$6,025
May 201502,32555.212.96$6,871
Apr 201501,81849.822.71$4,921
Mar 201501,78842.892.93$5,247
Feb 201501,72844.662.98$5,143
Jan 201502,40343.433.10$7,451
Dec 201401,63754.693.59$5,879
Nov 201401,52870.464.25$6,497
Oct 201401,59378.303.90$6,214
Sep 201401,54386.164.05$6,242
Aug 201401,74489.394.04$7,037
Jul 201401,93896.564.18$8,100
Jun 201401,77398.164.74$8,398
May 201401,84194.734.73$8,702
Apr 201401,82895.944.81$8,791
Mar 201402,10795.895.06$10,655
Feb 201401,68297.406.19$10,415
Jan 201401,89390.404.86$9,201
Dec 201302,05691.824.35$8,953
Nov 201301,78488.853.74$6,669
Oct 201301,80397.423.78$6,814
Sep 201302,037104.113.72$7,573
Aug 201302,090104.253.52$7,362
Jul 201302,248102.523.72$8,357
Jun 201302,05194.403.93$8,067
May 201302,03994.834.15$8,460
Apr 201302,03993.964.28$8,732
Mar 201302,06593.623.91$8,080
Feb 201301,90491.233.42$6,512
Jan 201302,13891.603.42$7,312
Dec 201201,95486.773.42$6,683
Nov 201201,88386.953.62$6,826
Oct 201202,09089.383.40$7,105
Sep 201202,09894.672.92$6,123
Aug 201202,20992.662.91$6,424
Jul 201202,04385.133.02$6,171
Jun 201201,79779.822.52$4,527
May 201202,07091.612.49$5,151
Apr 201202,489101.652.00$4,970
Mar 201202,349105.052.22$5,220
Feb 201202,188101.102.57$5,624
Jan 201202,36898.092.73$6,474
Dec 201102,07196.873.24$6,710
Nov 201102,16095.723.31$7,152
Oct 201102,09984.983.65$7,658
Sep 201102,25583.623.99$8,988
Aug 201102,43483.404.15$10,099
Jul 201102,43894.144.52$11,013
Jun 201102,49392.904.64$11,567
May 201102,37498.134.40$10,457
Apr 201102,239105.964.33$9,702
Mar 201102,35496.364.06$9,551
Feb 201102,01185.644.18$8,406
Jan 201102,28586.504.59$10,485
Dec 201002,34885.734.35$10,209
Nov 201002,30780.843.80$8,756
Oct 201002,33478.103.51$8,190
Sep 201002,09472.633.98$8,333
Aug 201002,43773.684.42$10,770
Jul 201002,36372.554.74$11,192
Jun 201002,39470.364.91$11,756
May 201002,52271.124.24$10,681
Apr 201002,34581.694.12$9,668
Mar 201002,69378.394.39$11,819
Feb 201002,36973.585.44$12,893
Jan 201002,71874.365.96$16,210
Dec 200902,49171.445.48$13,660
Nov 200902,52974.593.75$9,488
Oct 200902,61072.544.11$10,728
Sep 200902,47665.543.06$7,588
Aug 200902,23967.423.22$7,206
Jul 200902,59661.133.46$8,994
Jun 200902,56966.163.90$10,006
May 200902,77454.743.93$10,890
Apr 200902,78446.773.59$9,988
Mar 200902,76142.144.06$11,207
Feb 200902,47232.814.63$11,453
Jan 200902,87835.865.37$15,458
Dec 200802,78937.105.98$16,670
Nov 200802,78755.496.86$19,120
Oct 200802,87875.246.92$19,921
Sep 200803,038101.767.88$23,931
Aug 200802,984114.228.48$25,313
Jul 200802,915131.0811.39$33,200
Jun 200802,837131.3313.03$36,974
May 200803,162123.1711.57$36,598
Apr 200803,111110.3110.45$32,525
Mar 200802,855101.909.66$27,591
Feb 200802,93192.538.77$25,707
Jan 200803,13590.388.21$25,725
Dec 200703,19988.337.30$23,359
Nov 200703,13991.677.29$22,889
Oct 200703,26782.856.92$22,614
Sep 200702,94675.846.24$18,395
Aug 200703,13869.066.39$20,045
Jul 200703,34470.906.39$21,361
Jun 200703,24962.007.55$24,525
May 200703,24158.747.85$25,430
Apr 200703,45659.617.81$26,975
Mar 200703,55756.927.30$25,973
Feb 200703,04155.108.22$24,985
Jan 200703,57450.306.73$24,042
Dec 200603,60556.656.92$24,941
Nov 200603,60454.207.62$27,453
Oct 200603,51454.906.01$21,132
Sep 200603,42460.085.04$17,247
Aug 200603,55768.717.34$26,108
Jul 200603,61369.376.34$22,916
Jun 200603,48366.286.38$22,235
May 200603,53066.016.42$22,680
Apr 200603,58564.397.36$26,387
Mar 200603,90056.707.08$27,623
Feb 200603,27257.597.75$25,362
Jan 200603,82860.598.93$34,197
Dec 200504,01054.9413.42$53,796
Nov 200504,38554.6910.59$46,430
Oct 200504,56058.3413.80$62,909
Sep 200503,89061.4512.08$46,987
Aug 200504,15661.519.80$40,716
Jul 200503,81955.697.84$29,955
Jun 200503,93652.337.38$29,052
May 200504,01245.226.65$26,684
Apr 200503,99949.207.36$29,435
Mar 200504,19450.377.15$30,008
Feb 200503,73145.226.31$23,550
Jan 200504,26243.166.32$26,945
Dec 200404,37439.866.75$29,529
Nov 200404,24245.286.33$26,854
Oct 200404,31449.706.52$28,106
Sep 200404,46543.245.28$23,593
Aug 200404,61342.375.55$25,605
Jul 200404,41838.286.08$26,880
Jun 2004724,28036.106.43$30,133
May 200404,58737.486.49$29,791
Apr 200404,47134.475.86$26,193
Mar 200404,74734.365.53$26,252
Feb 200404,04632.455.51$22,292
Jan 200404,57332.036.30$28,808
Dec 200304,67830.266.30$29,479
Nov 200304,46028.804.60$20,494
Oct 200304,98328.174.76$23,717
Sep 200305,31626.314.75$25,248
Aug 200375,32629.765.13$27,529
Jul 200305,07329.415.17$26,232
Jun 200305,52728.565.98$33,068
May 200305,04026.595.97$30,102
Apr 200325,38526.675.41$29,172
Mar 200305,50931.146.10$33,583
Feb 200305,30433.487.93$42,039
Jan 200305,90430.315.58$32,956
Dec 200205,91126.914.85$28,691
Nov 200205,36224.664.14$22,182
Oct 200205,93726.464.23$25,108
Sep 200215,75027.443.64$20,930
Aug 200206,25725.963.16$19,798
Jul 200206,48724.583.06$19,862
Jun 200205,84423.733.34$19,509
May 200206,48024.663.58$23,224
Apr 200206,24123.653.51$21,920
Mar 200206,87722.003.10$21,337
Feb 200206,14318.222.38$14,594
Jan 200204,85917.172.38$11,543
Dec 200106,14916.932.36$14,539
Nov 200106,39518.072.41$15,383
Oct 200106,50619.782.53$16,453
Sep 200106,53324.262.25$14,708
Aug 200107,00024.873.05$21,372
Jul 200107,23223.933.20$23,121
Jun 200107,14124.563.82$27,308
May 200108,07225.524.31$34,769
Apr 200107,80124.685.34$41,621
Mar 200108,09324.545.38$43,512
Feb 200107,95027.755.77$45,848
Jan 200108,42227.478.40$70,734
Dec 200008,55826.889.12$78,070
Nov 20001779,53132.215.66$59,628
Oct 2000010,13531.235.15$52,150
Sep 2000010,71331.875.19$55,563
Aug 2000011,64029.644.54$52,854
Jul 2000011,37428.534.09$46,517
Jun 2000010,88229.304.40$47,851
May 2000012,72127.263.68$46,810
Apr 2000011,54124.513.12$35,962
Mar 2000014,72928.422.86$42,121
Feb 2000011,67827.622.73$31,840
Jan 2000011,86025.272.48$29,419
Dec 199918911,85724.282.42$33,327
Nov 1999013,07523.192.43$31,824
Oct 1999014,31720.982.80$40,141
Sep 1999015,20421.752.62$39,817
Aug 1999017,01619.262.88$48,931
Jul 1999019,23217.892.37$45,625
Jun 1999023,44115.942.36$55,370
May 1999030,99315.792.32$71,935
Apr 1999017,59815.102.21$38,857

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                    5 Mcf  × $  3.75 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/173078 is the state's own key, not one this site invented.