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 173770District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Jun 1999 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
324
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 Gas111999-09-20140928
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
CondensateDisposition584 bbl$18,051
GasProduction741,806 Mcf$3,327,052
Total$3,345,103

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 28.0829, -99.8137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08287, -99.81370 · 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
5,850 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 5,850 ft.

Completions filed
Jun 1999
1 of 1 wells

1 well

42-4793727345,850 ftJun 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 (324)

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

324 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026061859.138.00$4,943
Dec 2025087056.664.41$3,840
Nov 2025084158.593.93$3,302
Oct 2025085459.383.30$2,822
Sep 2025088862.743.08$2,732
Aug 2025091863.933.01$2,768
Jul 2025077166.743.32$2,556
Jun 2025078066.483.13$2,440
May 2025078460.553.23$2,534
Apr 2025082662.363.54$2,927
Mar 2025067667.704.27$2,885
Feb 2025062570.884.34$2,713
Jan 2025067474.324.28$2,884
Dec 2024062668.993.12$1,954
Nov 2024075969.052.20$1,669
Oct 2024073971.372.28$1,686
Sep 2024085069.612.36$2,010
Aug 2024080775.632.06$1,665
Jul 2024068179.932.15$1,462
Jun 2024072878.082.63$1,918
May 2024067778.812.20$1,488
Apr 2024068884.451.66$1,142
Mar 2024075780.301.55$1,170
Feb 2024061676.091.78$1,099
Jan 2024089673.023.30$2,955
Dec 2023078571.262.61$2,049
Nov 2023082677.892.81$2,319
Oct 2023087085.443.09$2,686
Sep 2023096389.042.74$2,634
Aug 2023052380.522.67$1,398
Jul 2023083774.852.64$2,211
Jun 202301,07368.962.26$2,423
May 2023080670.622.23$1,795
Apr 2023060978.122.24$1,363
Mar 2023055772.852.39$1,333
Feb 2023061875.112.47$1,524
Jan 2023063576.533.39$2,151
Dec 2022088476.415.73$5,065
Nov 2022092285.005.65$5,206
Oct 2022096287.185.86$5,641
Sep 202201,17984.888.16$9,625
Aug 202201,11694.529.13$10,186
Jul 202201,208101.587.54$9,111
Jun 20220891115.097.98$7,108
May 20220695109.378.43$5,861
Apr 20220743104.226.84$5,080
Mar 20220848108.885.08$4,305
Feb 2022064391.054.86$3,124
Jan 2022069681.844.54$3,158
Dec 2021078671.323.90$3,065
Nov 2021060077.435.24$3,142
Oct 2021092879.795.71$5,302
Sep 202101,03269.865.35$5,522
Aug 202101,05366.024.22$4,444
Jul 2021096870.783.98$3,855
Jun 2021076869.493.38$2,596
May 2021091263.483.02$2,752
Apr 2021089260.362.76$2,461
Mar 2021086361.302.72$2,345
Feb 2021048757.805.55$2,702
Jan 2021078450.412.81$2,203
Dec 2020082544.642.68$2,207
Nov 2020089338.772.71$2,417
Oct 2020097836.972.48$2,424
Sep 2020087937.091.99$1,750
Aug 202001,19639.982.39$2,853
Jul 202001,18338.371.83$2,159
Jun 2020098834.901.69$1,670
May 2020085116.921.81$1,544
Apr 2020082614.751.80$1,490
Mar 202001,11430.341.86$2,068
Feb 2020098249.881.98$1,945
Jan 202001,12857.252.09$2,363
Dec 2019097659.012.30$2,249
Nov 201901,16455.302.75$3,202
Oct 201901,08353.472.42$2,619
Sep 201901,10855.052.66$2,944
Aug 201901,06953.112.30$2,463
Jul 2019099656.272.46$2,450
Jun 2019083852.782.49$2,088
May 201901,08058.482.74$2,960
Apr 201901,23962.632.75$3,408
Mar 201901,36256.803.06$4,171
Feb 2019092450.852.79$2,580
Jan 201901,01846.033.23$3,286
Dec 201801,32246.594.19$5,533
Nov 201801,12652.934.24$4,771
Oct 201801,44661.443.40$4,914
Sep 201801,01959.543.11$3,167
Aug 201801,73159.403.07$5,308
Jul 201801,25465.142.93$3,677
Jun 201801,13060.183.08$3,477
May 201801,07965.382.90$3,130
Apr 201801,10063.842.90$3,191
Mar 201801,27661.222.79$3,556
Feb 201801,18761.782.77$3,283
Jan 2018091262.874.01$3,657
Dec 201701,22457.272.92$3,576
Nov 201701,09955.423.12$3,427
Oct 201701,26749.292.98$3,780
Sep 201701,28647.523.09$3,970
Aug 201701,20745.373.00$3,626
Jul 201701,37343.873.09$4,239
Jun 201701,22242.493.09$3,773
May 201701,25545.373.26$4,096
Apr 201701,38547.933.21$4,448
Mar 201701,39646.772.98$4,165
Feb 201701,21550.452.95$3,587
Jan 201701,30849.413.42$4,472
Dec 201601,19348.763.72$4,441
Nov 201601,30242.492.64$3,443
Oct 201601,30446.193.09$4,030
Sep 201601,26541.553.10$3,922
Aug 201601,39341.442.92$4,074
Jul 201601,22441.622.92$3,579
Jun 201601,26145.352.69$3,387
May 201601,12142.521.99$2,232
Apr 201601,28936.561.99$2,566
Mar 201601,35433.011.79$2,429
Feb 201601,31626.472.06$2,716
Jan 201601,41927.352.36$3,355
Dec 201501,43632.362.00$2,874
Nov 201501,35638.792.17$2,939
Oct 201501,23143.552.43$2,987
Sep 201501,09142.992.76$3,009
Aug 201501,31040.162.87$3,763
Jul 2015090548.152.95$2,665
Jun 201501,14956.152.88$3,312
May 201501,21255.212.96$3,582
Apr 201501,15849.822.71$3,134
Mar 201501,35542.892.93$3,977
Feb 201501,26444.662.98$3,762
Jan 201501,60143.433.10$4,964
Dec 201401,31254.693.59$4,712
Nov 2014090570.464.25$3,848
Oct 201401,29078.303.90$5,032
Sep 201401,11086.164.05$4,490
Aug 201401,23489.394.04$4,979
Jul 201401,35596.564.18$5,663
Jun 201401,36198.164.74$6,447
May 201401,45594.734.73$6,877
Apr 201401,31495.944.81$6,319
Mar 201401,30395.895.06$6,589
Feb 2014092197.406.19$5,703
Jan 201401,35390.404.86$6,577
Dec 201301,59591.824.35$6,945
Nov 201301,02588.853.74$3,832
Oct 201301,17197.423.78$4,426
Sep 201301,285104.113.72$4,777
Aug 201301,311104.253.52$4,618
Jul 201301,189102.523.72$4,420
Jun 201301,25694.403.93$4,940
May 201301,26994.834.15$5,265
Apr 201301,26993.964.28$5,435
Mar 201301,31793.623.91$5,153
Feb 201301,35591.233.42$4,634
Jan 201301,40991.603.42$4,819
Dec 201201,24386.773.42$4,251
Nov 201201,33086.953.62$4,821
Oct 201201,42989.383.40$4,858
Sep 201201,53594.672.92$4,480
Aug 201201,57192.662.91$4,569
Jul 201201,50685.133.02$4,549
Jun 201201,71079.822.52$4,308
May 201201,51491.612.49$3,767
Apr 201201,565101.652.00$3,125
Mar 201201,511105.052.22$3,358
Feb 201201,222101.102.57$3,141
Jan 201201,47998.092.73$4,044
Dec 201101,46396.873.24$4,740
Nov 201101,35795.723.31$4,493
Oct 201101,31984.983.65$4,812
Sep 201101,69083.623.99$6,736
Aug 201101,92483.404.15$7,983
Jul 201101,35994.144.52$6,139
Jun 201101,43992.904.64$6,677
May 201101,53398.134.40$6,753
Apr 201101,543105.964.33$6,686
Mar 201101,62396.364.06$6,585
Feb 201101,40185.644.18$5,856
Jan 201101,27386.504.59$5,842
Dec 201001,39485.734.35$6,061
Nov 201001,47580.843.80$5,598
Oct 201001,34578.103.51$4,719
Sep 201001,41172.633.98$5,615
Aug 201001,26173.684.42$5,573
Jul 201001,37572.554.74$6,513
Jun 201001,62470.364.91$7,974
May 201001,64271.124.24$6,954
Apr 201001,32781.694.12$5,471
Mar 201001,69178.394.39$7,421
Feb 201001,51173.585.44$8,223
Jan 201001,65474.365.96$9,865
Dec 200901,55171.445.48$8,505
Nov 200901,58374.593.75$5,939
Oct 200901,75672.544.11$7,218
Sep 200901,38165.543.06$4,232
Aug 2009261,49667.423.22$6,568
Jul 200901,30261.133.46$4,511
Jun 200901,56466.163.90$6,092
May 200901,77754.743.93$6,976
Apr 200901,88146.773.59$6,748
Mar 200901,87842.144.06$7,623
Feb 200901,69832.814.63$7,867
Jan 200901,92935.865.37$10,361
Dec 200801,98637.105.98$11,871
Nov 200801,94455.496.86$13,337
Oct 200801,79175.246.92$12,397
Sep 200801,790101.767.88$14,100
Aug 200801,811114.228.48$15,363
Jul 200801,899131.0811.39$21,629
Jun 200801,889131.3313.03$24,619
May 200801,990123.1711.57$23,033
Apr 200801,899110.3110.45$19,854
Mar 200801,917101.909.66$18,526
Feb 200801,92492.538.77$16,875
Jan 200802,06690.388.21$16,953
Dec 200702,14288.337.30$15,641
Nov 200702,12491.677.29$15,488
Oct 200702,18882.856.92$15,145
Sep 200702,12075.846.24$13,238
Aug 200702,14969.066.39$13,728
Jul 200702,37670.906.39$15,178
Jun 200702,22962.007.55$16,826
May 200702,37358.747.85$18,619
Apr 200702,32459.617.81$18,139
Mar 200702,39756.927.30$17,503
Feb 200702,32255.108.22$19,078
Jan 200702,28950.306.73$15,398
Dec 200602,28956.656.92$15,836
Nov 200602,34354.207.62$17,848
Oct 200602,30554.906.01$13,862
Sep 200602,27860.085.04$11,475
Aug 200602,25568.717.34$16,552
Jul 200602,28069.376.34$14,461
Jun 200602,08566.286.38$13,310
May 200602,36466.016.42$15,189
Apr 200602,41664.397.36$17,783
Mar 200602,60356.707.08$18,437
Feb 200602,34057.597.75$18,138
Jan 200602,74960.598.93$24,558
Dec 200502,38954.9413.42$32,049
Nov 200502,18454.6910.59$23,125
Oct 200502,53058.3413.80$34,903
Sep 200502,53761.4512.08$30,644
Aug 200502,78961.519.80$27,323
Jul 200502,68055.697.84$21,021
Jun 200502,69652.337.38$19,899
May 200502,84045.226.65$18,889
Apr 200502,68549.207.36$19,763
Mar 200502,59350.377.15$18,553
Feb 200502,45945.226.31$15,521
Jan 200502,79543.166.32$17,671
Dec 200402,76239.866.75$18,646
Nov 200402,65045.286.33$16,776
Oct 200402,74449.706.52$17,877
Sep 200402,61843.245.28$13,833
Aug 200402,84742.375.55$15,803
Jul 20041642,87238.286.08$23,752
Jun 200402,63636.106.43$16,957
May 200403,16837.486.49$20,575
Apr 200402,93034.475.86$17,165
Mar 200403,10734.365.53$17,182
Feb 200403,06632.455.51$16,892
Jan 200403,05332.036.30$19,233
Dec 200302,85530.266.30$17,991
Nov 200303,12528.804.60$14,360
Oct 200323,36528.174.76$16,073
Sep 200303,53326.314.75$16,779
Aug 200303,38329.765.13$17,354
Jul 2003103,57629.415.17$18,785
Jun 200303,69328.565.98$22,095
May 200323,49926.595.97$20,952
Apr 200303,51226.675.41$18,990
Mar 200304,10531.146.10$25,024
Feb 200343,12233.487.93$24,879
Jan 200303,59730.315.58$20,079
Dec 200203,90826.914.85$18,968
Nov 200203,54424.664.14$14,661
Oct 200203,62126.464.23$15,314
Sep 200243,67527.443.64$13,469
Aug 200203,82225.963.16$12,093
Jul 200204,10824.583.06$12,578
Jun 200234,07723.733.34$13,681
May 200204,41624.663.58$15,827
Apr 200204,25123.653.51$14,931
Mar 200204,64422.003.10$14,409
Feb 200204,09418.222.38$9,726
Jan 200203,64617.172.38$8,662
Dec 200104,05816.932.36$9,595
Nov 200104,03918.072.41$9,716
Oct 200104,76319.782.53$12,045
Sep 200104,46724.262.25$10,057
Aug 200104,86924.873.05$14,866
Jul 200105,03023.933.20$16,081
Jun 200104,69724.563.82$17,962
May 200105,30925.524.31$22,868
Apr 200105,50724.685.34$29,382
Mar 200106,29024.545.38$33,818
Feb 200105,91027.755.77$34,083
Jan 200107,26527.478.40$61,017
Dec 200007,84126.889.12$71,530
Nov 200007,79632.215.66$44,110
Oct 200008,68931.235.15$44,709
Sep 200009,04031.875.19$46,886
Aug 2000010,19729.644.54$46,302
Jul 200008,78328.534.09$35,920
Jun 200008,41229.304.40$36,990
May 200018310,01227.263.68$41,830
Apr 200009,61824.513.12$29,970
Mar 2000012,02928.422.86$34,400
Feb 200008,17027.622.73$22,276
Jan 200009,63525.272.48$23,900
Dec 1999010,01224.282.42$24,266
Nov 199918610,73623.192.43$30,445
Oct 1999012,72720.982.80$35,683
Sep 1999015,05721.752.62$39,432
Aug 1999018,55719.262.88$53,363
Jul 1999025,60317.892.37$60,740
Jun 199906,29315.942.36$14,865

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                  618 Mcf  × $  8.00 =     $4,943

────────────────────────────────────────────────────
Month total                                   $4,943

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/173770 is the state's own key, not one this site invented.