PALAFOX EXPLORATION CO. -9-

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 173196District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 1999 – Feb 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
323
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 Gas111999-09-24140802
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
CondensateDisposition391 bbl$11,989
GasProduction636,622 Mcf$2,702,528
Total$2,714,517

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 28.0506, -99.8210. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05056, -99.82104 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,849 ft
1 wells filed one
Completion to plug
26.8 years
median over 1 well

What the state filed about each well

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

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 5,849 ft.

Completions filed
Apr 1999
1 of 1 wells
Plug dates filed
Jan 2026
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793722935,849 ftApr 1999Jan 2026Yes

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 (323)

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

323 months

Feb 20260063.503.75$0
Jan 2026073159.138.00$5,846
Dec 202501,08356.664.41$4,780
Nov 2025094258.593.93$3,699
Oct 2025095659.383.30$3,159
Sep 202501,14462.743.08$3,520
Aug 202501,07463.933.01$3,238
Jul 2025088866.743.32$2,944
Jun 2025078066.483.13$2,440
May 2025072760.553.23$2,350
Apr 2025091262.363.54$3,231
Mar 2025085067.704.27$3,628
Feb 2025095770.884.34$4,154
Jan 2025096374.324.28$4,120
Dec 2024081768.993.12$2,550
Nov 2024087769.052.20$1,928
Oct 2024068371.372.28$1,558
Sep 2024083069.612.36$1,962
Aug 2024063275.632.06$1,304
Jul 2024088379.932.15$1,895
Jun 202401,05378.082.63$2,774
May 2024078578.812.20$1,726
Apr 2024086784.451.66$1,439
Mar 2024096980.301.55$1,497
Feb 2024093876.091.78$1,673
Jan 202401,17573.023.30$3,875
Dec 2023071471.262.61$1,864
Nov 2023074677.892.81$2,094
Oct 2023079785.443.09$2,461
Sep 2023090889.042.74$2,483
Aug 202301,19680.522.67$3,197
Jul 2023078274.852.64$2,066
Jun 202301,01268.962.26$2,286
May 2023077170.622.23$1,717
Apr 2023057678.122.24$1,289
Mar 2023024672.852.39$589
Feb 2023055475.112.47$1,366
Jan 2023046776.533.39$1,582
Dec 2022069476.415.73$3,976
Nov 202201,21985.005.65$6,883
Oct 202201,26587.185.86$7,418
Sep 202201,37284.888.16$11,201
Aug 202201,64994.529.13$15,051
Jul 202201,251101.587.54$9,435
Jun 20220249115.097.98$1,986
May 20220515109.378.43$4,343
Apr 20220437104.226.84$2,988
Mar 20220265108.885.08$1,345
Feb 2022048491.054.86$2,352
Jan 2022022681.844.54$1,026
Dec 2021092871.323.90$3,618
Nov 2021057077.435.24$2,985
Oct 202101,19579.795.71$6,828
Sep 202101,10469.865.35$5,907
Aug 2021086166.024.22$3,634
Jul 202101,11170.783.98$4,424
Jun 2021099369.493.38$3,357
May 202101,05363.483.02$3,178
Apr 2021097360.362.76$2,684
Mar 2021054061.302.72$1,467
Feb 2021034357.805.55$1,903
Jan 2021091550.412.81$2,571
Dec 2020084044.642.68$2,247
Nov 2020069238.772.71$1,873
Oct 2020067236.972.48$1,666
Sep 2020074437.091.99$1,481
Aug 2020077939.982.39$1,858
Jul 2020056738.371.83$1,035
Jun 2020095934.901.69$1,621
May 2020048616.921.81$882
Apr 2020048614.751.80$877
Mar 202001,02930.341.86$1,910
Feb 202001,07049.881.98$2,119
Jan 202001,16357.252.09$2,436
Dec 2019088759.012.30$2,044
Nov 2019097555.302.75$2,682
Oct 2019097453.472.42$2,356
Sep 201901,01055.052.66$2,684
Aug 201901,04653.112.30$2,410
Jul 201901,27956.272.46$3,146
Jun 2019082852.782.49$2,063
May 201901,11358.482.74$3,050
Apr 2019055362.632.75$1,521
Mar 2019071956.803.06$2,202
Feb 201901,04150.852.79$2,907
Jan 201901,22046.033.23$3,938
Dec 201801,21946.594.19$5,102
Nov 201801,29252.934.24$5,475
Oct 201801,12561.443.40$3,823
Sep 201801,34659.543.11$4,183
Aug 201801,30459.403.07$3,999
Jul 201801,15765.142.93$3,392
Jun 2018094160.183.08$2,895
May 201801,09065.382.90$3,162
Apr 2018092263.842.90$2,675
Mar 2018085961.222.79$2,394
Feb 2018080961.782.77$2,238
Jan 2018088862.874.01$3,560
Dec 201701,01457.272.92$2,962
Nov 2017023355.423.12$727
Oct 2017097449.292.98$2,906
Sep 2017091447.523.09$2,822
Aug 2017098145.373.00$2,947
Jul 201701,13743.873.09$3,510
Jun 2017077242.493.09$2,383
May 201701,03645.373.26$3,381
Apr 2017061347.933.21$1,969
Mar 2017036046.772.98$1,074
Feb 2017064350.452.95$1,899
Jan 2017071449.413.42$2,441
Dec 2016072548.763.72$2,699
Nov 2016081742.492.64$2,160
Oct 2016096646.193.09$2,985
Sep 201601,11641.553.10$3,460
Aug 201601,10541.442.92$3,231
Jul 201601,07341.622.92$3,138
Jun 201601,27245.352.69$3,416
May 201601,24642.521.99$2,481
Apr 201601,15836.561.99$2,306
Mar 201601,13933.011.79$2,043
Feb 201601,16826.472.06$2,410
Jan 201601,17027.352.36$2,766
Dec 201501,24932.362.00$2,500
Nov 2015092638.792.17$2,007
Oct 201501,26343.552.43$3,065
Sep 201501,02842.992.76$2,836
Aug 201501,15240.162.87$3,309
Jul 201501,28148.152.95$3,773
Jun 201501,15856.152.88$3,338
May 201501,26555.212.96$3,739
Apr 201501,18149.822.71$3,196
Mar 2015075742.892.93$2,222
Feb 2015066944.662.98$1,991
Jan 201501,16343.433.10$3,606
Dec 2014094954.693.59$3,408
Nov 2014093070.464.25$3,954
Oct 2014077078.303.90$3,004
Sep 2014075686.164.05$3,058
Aug 201401,00389.394.04$4,047
Jul 2014092096.564.18$3,845
Jun 2014095698.164.74$4,528
May 2014075594.734.73$3,569
Apr 2014087695.944.81$4,213
Mar 2014090995.895.06$4,597
Feb 201401,00097.406.19$6,192
Jan 2014083190.404.86$4,039
Dec 201301,03691.824.35$4,511
Nov 2013057188.853.74$2,135
Oct 2013073297.423.78$2,766
Sep 201301,067104.113.72$3,967
Aug 20130831104.253.52$2,927
Jul 20130620102.523.72$2,305
Jun 2013086594.403.93$3,402
May 2013087294.834.15$3,618
Apr 2013087293.964.28$3,734
Mar 2013097893.623.91$3,827
Feb 2013075191.233.42$2,568
Jan 2013077991.603.42$2,664
Dec 2012078786.773.42$2,692
Nov 2012067686.953.62$2,450
Oct 2012076389.383.40$2,594
Sep 201201,00594.672.92$2,933
Aug 201201,19892.662.91$3,484
Jul 201201,07885.133.02$3,256
Jun 201201,16079.822.52$2,922
May 201201,10491.612.49$2,747
Apr 201201,015101.652.00$2,027
Mar 20120821105.052.22$1,824
Feb 20120734101.102.57$1,887
Jan 2012086498.092.73$2,362
Dec 2011081896.873.24$2,650
Nov 2011088495.723.31$2,927
Oct 2011088184.983.65$3,214
Sep 201101,25283.623.99$4,990
Aug 201101,12083.404.15$4,647
Jul 201101,02494.144.52$4,626
Jun 2011099492.904.64$4,612
May 2011093398.134.40$4,110
Apr 20110871105.964.33$3,774
Mar 201101,02096.364.06$4,138
Feb 2011078785.644.18$3,290
Jan 201101,05586.504.59$4,841
Dec 2010090985.734.35$3,952
Nov 2010099380.843.80$3,769
Oct 201001,00278.103.51$3,516
Sep 2010072272.633.98$2,873
Aug 2010068573.684.42$3,027
Jul 2010087772.554.74$4,154
Jun 2010088570.364.91$4,346
May 201001,30471.124.24$5,523
Apr 201001,07081.694.12$4,411
Mar 2010097078.394.39$4,257
Feb 201001,00373.585.44$5,459
Jan 201001,05974.365.96$6,316
Dec 200901,21871.445.48$6,679
Nov 2009098174.593.75$3,680
Oct 200901,10472.544.11$4,538
Sep 200901,00165.543.06$3,068
Aug 2009131,61567.423.22$6,074
Jul 200901,17961.133.46$4,085
Jun 200901,17366.163.90$4,569
May 200901,11254.743.93$4,365
Apr 200901,49846.773.59$5,374
Mar 200901,09542.144.06$4,445
Feb 2009082332.814.63$3,813
Jan 2009069635.865.37$3,738
Dec 2008087637.105.98$5,236
Nov 200801,03655.496.86$7,107
Oct 200801,09775.246.92$7,593
Sep 200801,026101.767.88$8,082
Aug 200801,638114.228.48$13,895
Jul 200801,142131.0811.39$13,007
Jun 20080899131.3313.03$11,716
May 200801,221123.1711.57$14,132
Apr 200801,176110.3110.45$12,295
Mar 200801,085101.909.66$10,486
Feb 200801,27192.538.77$11,147
Jan 200801,39690.388.21$11,455
Dec 200701,34888.337.30$9,843
Nov 200701,52391.677.29$11,105
Oct 200701,50782.856.92$10,431
Sep 200701,23675.846.24$7,718
Aug 200701,30869.066.39$8,355
Jul 200701,98870.906.39$12,699
Jun 200701,71762.007.55$12,961
May 200701,60658.747.85$12,601
Apr 200701,25759.617.81$9,811
Mar 200701,92156.927.30$14,027
Feb 200701,10955.108.22$9,112
Jan 200701,60350.306.73$10,783
Dec 200601,60356.656.92$11,090
Nov 200601,20054.207.62$9,141
Oct 200602,23754.906.01$13,453
Sep 200601,64760.085.04$8,296
Aug 200601,13868.717.34$8,353
Jul 200601,85369.376.34$11,753
Jun 200601,75266.286.38$11,185
May 200601,77566.016.42$11,404
Apr 200601,78564.397.36$13,138
Mar 200601,72056.707.08$12,183
Feb 200601,43857.597.75$11,146
Jan 200601,81160.598.93$16,178
Dec 200501,98354.9413.42$26,603
Nov 200501,82854.6910.59$19,356
Oct 200502,39258.3413.80$32,999
Sep 200501,59661.4512.08$19,278
Aug 200501,32261.519.80$12,951
Jul 2005341,93355.697.84$17,055
Jun 200501,51752.337.38$11,197
May 200501,61745.226.65$10,755
Apr 200501,86349.207.36$13,713
Mar 200501,60250.377.15$11,462
Feb 200501,63245.226.31$10,301
Jan 200501,89243.166.32$11,962
Dec 200402,11639.866.75$14,285
Nov 200402,40145.286.33$15,199
Oct 200402,22549.706.52$14,496
Sep 200402,23143.245.28$11,788
Aug 200402,26542.375.55$12,572
Jul 200401,66338.286.08$10,118
Jun 200402,31436.106.43$14,886
May 200402,10637.486.49$13,678
Apr 200402,27434.475.86$13,322
Mar 200402,61434.365.53$14,456
Feb 200401,91032.455.51$10,523
Jan 200401,88732.036.30$11,887
Dec 200302,35330.266.30$14,828
Nov 2003102,37928.804.60$11,220
Oct 200302,42828.174.76$11,556
Sep 200301,34726.314.75$6,397
Aug 200301,92729.765.13$9,885
Jul 2003096629.415.17$4,995
Jun 200302,60128.565.98$15,562
May 200302,76726.595.97$16,526
Apr 200302,99826.675.41$16,211
Mar 200303,21231.146.10$19,580
Feb 200303,05333.487.93$24,198
Jan 200303,16130.315.58$17,645
Dec 200203,29126.914.85$15,974
Nov 200203,11324.664.14$12,878
Oct 200203,52126.464.23$14,891
Sep 200213,50127.443.64$12,754
Aug 200203,69125.963.16$11,679
Jul 200202,71924.583.06$8,325
Jun 200203,52523.733.34$11,767
May 200203,94924.663.58$14,153
Apr 200203,73223.653.51$13,108
Mar 200204,12422.003.10$12,796
Feb 200204,09118.222.38$9,719
Jan 200202,27817.172.38$5,412
Dec 200104,16416.932.36$9,845
Nov 200104,23818.072.41$10,195
Oct 200104,39519.782.53$11,114
Sep 200103,67624.262.25$8,276
Aug 200105,12324.873.05$15,641
Jul 200105,29323.933.20$16,922
Jun 200104,62824.563.82$17,698
May 20011405,23225.524.31$26,109
Apr 200105,27824.685.34$28,160
Mar 200106,47624.545.38$34,818
Feb 200105,66427.755.77$32,665
Jan 200106,10727.478.40$51,291
Dec 200006,63926.889.12$60,564
Nov 200006,93132.215.66$39,216
Oct 200007,32031.235.15$37,665
Sep 200007,89031.875.19$40,921
Aug 200008,75529.644.54$39,754
Jul 200008,80328.534.09$36,002
Jun 200008,37129.304.40$36,809
May 2000010,29327.263.68$37,876
Apr 200007,85524.513.12$24,476
Mar 2000011,14728.422.86$31,878
Feb 20001939,71927.622.73$31,830
Jan 200009,18825.272.48$22,791
Dec 199908,55424.282.42$20,733
Nov 1999010,14223.192.43$24,686
Oct 1999010,79620.982.80$30,269
Sep 1999011,85021.752.62$31,033
Aug 1999012,60519.262.88$36,247
Jul 1999014,70017.892.37$34,874
Jun 1999017,29715.942.36$40,857
May 1999025,80715.792.32$59,899
Apr 199902,36515.102.21$5,222

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                  731 Mcf  × $  8.00 =     $5,846

────────────────────────────────────────────────────
Month total                                   $5,846

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/173196 is the state's own key, not one this site invented.