PALAFOX EXPLORATION CO. -20A-

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 173079District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Apr 1999 – May 2026
Value, last 12 filed months
$0
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 Gas111999-09-21140808
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
CondensateDisposition124 bbl$7,614
GasProduction247,275 Mcf$1,237,451
Total$1,245,065

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 28.0679, -99.7978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06790, -99.79776 · 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
5,848 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 5,848 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-4793723015,848 ftApr 2018

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 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 2017079149.413.42$2,704
Dec 2016059448.763.72$2,211
Nov 2016018042.492.64$476
Oct 201602146.193.09$65
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016059341.622.92$1,734
Jun 2016051245.352.69$1,375
May 2016067642.521.99$1,346
Apr 2016059636.561.99$1,187
Mar 2016042233.011.79$757
Feb 2016058526.472.06$1,207
Jan 2016064327.352.36$1,520
Dec 2015074232.362.00$1,485
Nov 2015058938.792.17$1,277
Oct 2015059343.552.43$1,439
Sep 2015055242.992.76$1,523
Aug 2015061340.162.87$1,761
Jul 2015032748.152.95$963
Jun 2015011956.152.88$343
May 2015015955.212.96$470
Apr 2015036549.822.71$988
Mar 20150042.892.93$0
Feb 2015036344.662.98$1,080
Jan 2015044243.433.10$1,370
Dec 2014066754.693.59$2,395
Nov 2014069470.464.25$2,951
Oct 2014083578.303.90$3,257
Sep 2014067786.164.05$2,739
Aug 201401,02289.394.04$4,124
Jul 2014055096.564.18$2,299
Jun 2014078898.164.74$3,733
May 2014062894.734.73$2,968
Apr 2014035595.944.81$1,707
Mar 2014089195.895.06$4,506
Feb 2014061197.406.19$3,783
Jan 2014053890.404.86$2,615
Dec 201301,28491.824.35$5,591
Nov 2013077388.853.74$2,890
Oct 2013076297.423.78$2,880
Sep 201301,047104.113.72$3,892
Aug 20130210104.253.52$740
Jul 20130244102.523.72$907
Jun 2013046394.403.93$1,821
May 2013072194.834.15$2,991
Apr 2013072193.964.28$3,088
Mar 2013082893.623.91$3,240
Feb 2013055891.233.42$1,908
Jan 2013077291.603.42$2,640
Dec 2012081886.773.42$2,798
Nov 2012083886.953.62$3,038
Oct 2012087989.383.40$2,988
Sep 2012066594.672.92$1,941
Aug 201201,03192.662.91$2,998
Jul 2012085185.133.02$2,571
Jun 2012070979.822.52$1,786
May 2012075791.612.49$1,884
Apr 20120727101.652.00$1,452
Mar 20120895105.052.22$1,989
Feb 20120756101.102.57$1,943
Jan 2012093598.092.73$2,556
Dec 2011082696.873.24$2,676
Nov 2011090895.723.31$3,007
Oct 2011070084.983.65$2,554
Sep 2011098983.623.99$3,942
Aug 201101,11883.404.15$4,639
Jul 201101,04294.144.52$4,707
Jun 2011085192.904.64$3,949
May 2011085398.134.40$3,757
Apr 201101,097105.964.33$4,754
Mar 2011064296.364.06$2,605
Feb 2011075585.644.18$3,156
Jan 2011090386.504.59$4,144
Dec 2010090485.734.35$3,930
Nov 201001,15980.843.80$4,399
Oct 2010073478.103.51$2,576
Sep 201001,00172.633.98$3,983
Aug 201001,42173.684.42$6,280
Jul 201001,39872.554.74$6,622
Jun 201001,49170.364.91$7,321
May 201001,21671.124.24$5,150
Apr 201001,15381.694.12$4,753
Mar 201001,31778.394.39$5,780
Feb 201001,24773.585.44$6,787
Jan 201001,24674.365.96$7,431
Dec 200901,24271.445.48$6,811
Nov 200901,50174.593.75$5,631
Oct 200901,75572.544.11$7,213
Sep 200901,87265.543.06$5,737
Aug 200902,03467.423.22$6,546
Jul 200902,08461.133.46$7,220
Jun 200902,11266.163.90$8,226
May 200902,02654.743.93$7,954
Apr 200902,19146.773.59$7,860
Mar 200902,35742.144.06$9,567
Feb 200902,40632.814.63$11,147
Jan 200902,08835.865.37$11,215
Dec 200802,94537.105.98$17,603
Nov 200802,18755.496.86$15,004
Oct 200802,22475.246.92$15,394
Sep 200802,414101.767.88$19,015
Aug 200801,727114.228.48$14,650
Jul 200801,359131.0811.39$15,478
Jun 200801,858131.3313.03$24,215
May 200802,095123.1711.57$24,248
Apr 200801,902110.3110.45$19,885
Mar 200801,999101.909.66$19,318
Feb 200801,81492.538.77$15,910
Jan 200802,03090.388.21$16,658
Dec 200701,91188.337.30$13,954
Nov 200702,05591.677.29$14,984
Oct 200702,20582.856.92$15,263
Sep 200701,89775.846.24$11,845
Aug 200701,23969.066.39$7,915
Jul 2007059870.906.39$3,820
Jun 2007056662.007.55$4,272
May 20071342658.747.85$4,106
Apr 2007057859.617.81$4,511
Mar 2007073756.927.30$5,382
Feb 2007062355.108.22$5,119
Jan 2007063350.306.73$4,258
Dec 2006063056.656.92$4,359
Nov 2006053354.207.62$4,060
Oct 2006077954.906.01$4,685
Sep 2006072360.085.04$3,642
Aug 20069168568.717.34$11,280
Jul 2006090669.376.34$5,747
Jun 200601,16466.286.38$7,431
May 200601,27766.016.42$8,205
Apr 200601,80864.397.36$13,308
Mar 200602,32556.707.08$16,468
Feb 2006037857.597.75$2,930
Jan 2006035160.598.93$3,136
Dec 200502,16554.9413.42$29,044
Nov 200503,74154.6910.59$39,611
Oct 200503,82458.3413.80$52,755
Sep 200502,59961.4512.08$31,393
Aug 200501,75461.519.80$17,184
Jul 2005024555.697.84$1,922
Jun 20050052.337.38$0
May 2005065745.226.65$4,370
Apr 200501,17849.207.36$8,671
Mar 200501,13650.377.15$8,128
Feb 2005092845.226.31$5,857
Jan 200501,06243.166.32$6,714
Dec 2004031039.866.75$2,093
Nov 200401,20745.286.33$7,641
Oct 200401,48349.706.52$9,662
Sep 200401,22443.245.28$6,467
Aug 2004034342.375.55$1,904
Jul 2004228738.286.08$1,823
Jun 200401,48336.106.43$9,540
May 200401,38837.486.49$9,014
Apr 200401,27434.475.86$7,464
Mar 200401,19734.365.53$6,620
Feb 2004054632.455.51$3,008
Jan 2004062432.036.30$3,931
Dec 2003136130.266.30$778
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002016824.664.14$695
Oct 2002155526.464.23$2,374
Sep 2002040327.443.64$1,465
Aug 2002037425.963.16$1,183
Jul 20020124.583.06$3
Jun 2002041523.733.34$1,385
May 2002014124.663.58$505
Apr 2002058923.653.51$2,069
Mar 2002043422.003.10$1,347
Feb 2002012818.222.38$304
Jan 2002011817.172.38$280
Dec 20010016.932.36$0
Nov 2001062818.072.41$1,511
Oct 2001071919.782.53$1,818
Sep 2001061224.262.25$1,378
Aug 2001065024.873.05$1,985
Jul 2001062023.933.20$1,982
Jun 2001046824.563.82$1,790
May 2001072425.524.31$3,119
Apr 2001077824.685.34$4,151
Mar 2001078124.545.38$4,199
Feb 2001093527.755.77$5,392
Jan 2001074527.478.40$6,257
Dec 200001,02426.889.12$9,341
Nov 200001,26332.215.66$7,146
Oct 200002,25331.235.15$11,593
Sep 200001,02231.875.19$5,301
Aug 20000029.644.54$0
Jul 2000074828.534.09$3,059
Jun 2000014529.304.40$638
May 200001,09427.263.68$4,026
Apr 2000066624.513.12$2,075
Mar 2000037428.422.86$1,070
Feb 200001,50327.622.73$4,098
Jan 200044,15325.272.48$10,403
Dec 199904,20624.282.42$10,194
Nov 199904,70623.192.43$11,454
Oct 199906,40820.982.80$17,966
Sep 199904,97421.752.62$13,026
Aug 199904,85819.262.88$13,970
Jul 199904,43617.892.37$10,524
Jun 199909,53515.942.36$22,523
May 1999011,89415.792.32$27,606
Apr 199905,11415.102.21$11,292

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                  791 Mcf  × $  3.42 =     $2,704

────────────────────────────────────────────────────
Month total                                   $2,704

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/173079 is the state's own key, not one this site invented.