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 173771District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jun 1999 – May 2026
Value, last 12 filed months
$23 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 Gas111999-09-20140927
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
CondensateDisposition600 bbl$27,880
GasProduction754,111 Mcf$3,468,786
Total$3,496,666

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 28.0585, -99.8354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05849, -99.83540 · 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
5,750 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 5,750 ft.

Completions filed
Jun 1999
1 of 1 wells

1 well

42-4793727055,750 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 2026051259.138.00$4,095
Dec 2025070756.664.41$3,120
Nov 2025076358.593.93$2,996
Oct 2025077559.383.30$2,561
Sep 2025097462.743.08$2,997
Aug 202501,22663.933.01$3,696
Jul 2025055566.743.32$1,840
Jun 2025069666.483.13$2,178
May 2025089960.553.23$2,906
Apr 2025087362.363.54$3,093
Mar 2025093267.704.27$3,978
Feb 2025071370.884.34$3,095
Jan 2025084574.324.28$3,615
Dec 2024062068.993.12$1,935
Nov 2024080569.052.20$1,770
Oct 2024084971.372.28$1,937
Sep 2024091769.612.36$2,168
Aug 2024097375.632.06$2,008
Jul 2024095079.932.15$2,039
Jun 2024095778.082.63$2,521
May 2024070778.812.20$1,554
Apr 202401,11984.451.66$1,857
Mar 202401,23680.301.55$1,910
Feb 202401,35876.091.78$2,422
Jan 202401,44773.023.30$4,772
Dec 2023099571.262.61$2,598
Nov 202301,12277.892.81$3,150
Oct 202301,21785.443.09$3,757
Sep 202301,04089.042.74$2,844
Aug 2023067680.522.67$1,807
Jul 2023072074.852.64$1,902
Jun 2023092368.962.26$2,085
May 2023095670.622.23$2,129
Apr 202301,33278.122.24$2,981
Mar 202301,31472.852.39$3,145
Feb 2023095575.112.47$2,355
Jan 2023097076.533.39$3,286
Dec 202201,09876.415.73$6,291
Nov 202201,10085.005.65$6,211
Oct 2022099487.185.86$5,829
Sep 202201,28784.888.16$10,507
Aug 202201,18894.529.13$10,843
Jul 202201,185101.587.54$8,937
Jun 202201,000115.097.98$7,977
May 202201,061109.378.43$8,947
Apr 202201,162104.226.84$7,945
Mar 20220987108.885.08$5,010
Feb 2022087891.054.86$4,266
Jan 2022075381.844.54$3,417
Dec 202101,34371.323.90$5,237
Nov 2021096177.435.24$5,033
Oct 202101,28479.795.71$7,337
Sep 202101,25569.865.35$6,715
Aug 2021095066.024.22$4,010
Jul 202101,13070.783.98$4,500
Jun 2021077569.493.38$2,620
May 2021087363.483.02$2,634
Apr 2021094060.362.76$2,593
Mar 2021073361.302.72$1,992
Feb 2021057057.805.55$3,162
Jan 2021089350.412.81$2,510
Dec 2020086644.642.68$2,317
Nov 2020087838.772.71$2,376
Oct 2020082636.972.48$2,047
Sep 2020080437.091.99$1,601
Aug 2020092939.982.39$2,216
Jul 2020081738.371.83$1,491
Jun 202001,40134.901.69$2,368
May 202001,08816.921.81$1,974
Apr 202001,08714.751.80$1,961
Mar 202001,14430.341.86$2,124
Feb 2020096449.881.98$1,909
Jan 202001,13657.252.09$2,380
Dec 201901,00859.012.30$2,323
Nov 201901,02855.302.75$2,828
Oct 201901,11753.472.42$2,702
Sep 201901,17055.052.66$3,109
Aug 2019077953.112.30$1,795
Jul 2019056556.272.46$1,390
Jun 2019036252.782.49$902
May 201901,21258.482.74$3,321
Apr 201901,04662.632.75$2,877
Mar 201901,11956.803.06$3,426
Feb 2019094750.852.79$2,644
Jan 2019092946.033.23$2,999
Dec 201801,10346.594.19$4,617
Nov 201801,00852.934.24$4,271
Oct 2018088861.443.40$3,018
Sep 2018079959.543.11$2,483
Aug 2018099059.403.07$3,036
Jul 201801,05865.142.93$3,102
Jun 201801,00760.183.08$3,098
May 201801,20665.382.90$3,498
Apr 2018088163.842.90$2,556
Mar 201801,02861.222.79$2,865
Feb 20183298661.782.77$4,704
Jan 2018093862.874.01$3,761
Dec 201701,00457.272.92$2,933
Nov 201701,21955.423.12$3,801
Oct 201701,26449.292.98$3,771
Sep 2017073947.523.09$2,282
Aug 201701,15545.373.00$3,470
Jul 2017089543.873.09$2,763
Jun 201701,03342.493.09$3,189
May 201701,01745.373.26$3,319
Apr 2017094147.933.21$3,022
Mar 201701,03546.772.98$3,088
Feb 201701,02350.452.95$3,021
Jan 2017093549.413.42$3,197
Dec 2016096548.763.72$3,593
Nov 2016086442.492.64$2,285
Oct 201601,09546.193.09$3,384
Sep 201601,01041.553.10$3,132
Aug 2016093341.442.92$2,728
Jul 2016083941.622.92$2,454
Jun 2016089245.352.69$2,396
May 2016065042.521.99$1,294
Apr 2016077436.561.99$1,541
Mar 2016074433.011.79$1,335
Feb 2016070226.472.06$1,449
Jan 2016096127.352.36$2,272
Dec 201501,13332.362.00$2,268
Nov 2015083438.792.17$1,808
Oct 201501,08243.552.43$2,626
Sep 201501,24642.992.76$3,437
Aug 201501,52840.162.87$4,389
Jul 201501,60248.152.95$4,718
Jun 201501,26456.152.88$3,644
May 201501,25255.212.96$3,700
Apr 201501,21449.822.71$3,286
Mar 201501,19542.892.93$3,507
Feb 201501,08644.662.98$3,232
Jan 2015086743.433.10$2,688
Dec 2014094854.693.59$3,405
Nov 201401,03170.464.25$4,384
Oct 201401,15578.303.90$4,506
Sep 201401,00186.164.05$4,049
Aug 201401,40889.394.04$5,681
Jul 2014096796.564.18$4,042
Jun 201401,15198.164.74$5,452
May 201401,17794.734.73$5,563
Apr 201401,39795.944.81$6,718
Mar 201401,37995.895.06$6,973
Feb 201401,07197.406.19$6,632
Jan 201401,12990.404.86$5,488
Dec 201301,08291.824.35$4,712
Nov 2013094188.853.74$3,518
Oct 201301,17497.423.78$4,437
Sep 201301,354104.113.72$5,034
Aug 201301,273104.253.52$4,484
Jul 201301,170102.523.72$4,350
Jun 201301,23994.403.93$4,873
May 201301,36494.834.15$5,659
Apr 201301,36493.964.28$5,841
Mar 201301,43693.623.91$5,619
Feb 201301,14991.233.42$3,929
Jan 201301,45991.603.42$4,990
Dec 201201,42186.773.42$4,860
Nov 201201,31486.953.62$4,763
Oct 201201,14489.383.40$3,889
Sep 2012085394.672.92$2,489
Aug 201201,17992.662.91$3,429
Jul 2012085485.133.02$2,580
Jun 2012099379.822.52$2,501
May 2012085591.612.49$2,128
Apr 201201,047101.652.00$2,091
Mar 201201,062105.052.22$2,360
Feb 20120851101.102.57$2,187
Jan 201201,01998.092.73$2,786
Dec 2011087496.873.24$2,832
Nov 201101,10095.723.31$3,642
Oct 201101,37884.983.65$5,028
Sep 201101,36683.623.99$5,445
Aug 201101,53483.404.15$6,365
Jul 201101,42394.144.52$6,428
Jun 201101,34792.904.64$6,250
May 201101,36498.134.40$6,008
Apr 201101,510105.964.33$6,543
Mar 201101,45696.364.06$5,907
Feb 201101,31385.644.18$5,488
Jan 201101,34886.504.59$6,186
Dec 201001,46385.734.35$6,361
Nov 201001,20080.843.80$4,554
Oct 201001,13778.103.51$3,990
Sep 201001,12472.633.98$4,473
Aug 201001,46273.684.42$6,461
Jul 201001,54672.554.74$7,323
Jun 201001,40970.364.91$6,919
May 201001,33071.124.24$5,633
Apr 201001,11381.694.12$4,589
Mar 201001,61478.394.39$7,083
Feb 201001,21873.585.44$6,629
Jan 201001,68574.365.96$10,049
Dec 200901,57171.445.48$8,615
Nov 200901,60074.593.75$6,002
Oct 200901,61772.544.11$6,646
Sep 200901,59765.543.06$4,894
Aug 200902,03867.423.22$6,559
Jul 200901,28161.133.46$4,438
Jun 200901,39966.163.90$5,449
May 200901,54754.743.93$6,073
Apr 200901,64946.773.59$5,916
Mar 200901,90042.144.06$7,712
Feb 200901,77632.814.63$8,228
Jan 200902,18935.865.37$11,757
Dec 200802,20637.105.98$13,186
Nov 200801,92955.496.86$13,234
Oct 200802,20975.246.92$15,291
Sep 200801,847101.767.88$14,549
Aug 200801,870114.228.48$15,863
Jul 2008841,724131.0811.39$30,646
Jun 200801,729131.3313.03$22,533
May 200802,102123.1711.57$24,329
Apr 200801,936110.3110.45$20,241
Mar 200801,947101.909.66$18,816
Feb 200801,96992.538.77$17,269
Jan 200802,26390.388.21$18,570
Dec 200702,19388.337.30$16,013
Nov 200702,22091.677.29$16,188
Oct 200702,11982.856.92$14,668
Sep 200702,45275.846.24$15,311
Aug 200702,43469.066.39$15,548
Jul 200702,01370.906.39$12,859
Jun 200702,15262.007.55$16,244
May 200701,96358.747.85$15,402
Apr 200702,27359.617.81$17,741
Mar 200702,75356.927.30$20,102
Feb 200702,40055.108.22$19,718
Jan 200702,91450.306.73$19,602
Dec 200602,91256.656.92$20,147
Nov 200603,04554.207.62$23,195
Oct 200602,74354.906.01$16,496
Sep 200602,85760.085.04$14,391
Aug 200602,61168.717.34$19,165
Jul 200602,48369.376.34$15,749
Jun 200602,61766.286.38$16,707
May 200602,37866.016.42$15,279
Apr 200602,31464.397.36$17,032
Mar 200602,99256.707.08$21,192
Feb 200602,17557.597.75$16,859
Jan 200602,49260.598.93$22,262
Dec 200502,60054.9413.42$34,880
Nov 200502,85554.6910.59$30,230
Oct 200502,90058.3413.80$40,008
Sep 200502,81361.4512.08$33,978
Aug 200503,05261.519.80$29,900
Jul 200502,87055.697.84$22,511
Jun 200502,92352.337.38$21,575
May 200503,12945.226.65$20,811
Apr 2005852,93849.207.36$25,807
Mar 200502,86050.377.15$20,463
Feb 200502,87045.226.31$18,115
Jan 200503,35143.166.32$21,186
Dec 200403,41639.866.75$23,062
Nov 200403,20445.286.33$20,283
Oct 200403,18749.706.52$20,764
Sep 200413,33343.245.28$17,654
Aug 200403,35842.375.55$18,639
Jul 200423,17238.286.08$19,376
Jun 200403,01536.106.43$19,396
May 200403,07937.486.49$19,997
Apr 200433,15634.475.86$18,593
Mar 200403,68734.365.53$20,390
Feb 200403,47732.455.51$19,157
Jan 200403,44932.036.30$21,727
Dec 200333,49230.266.30$22,096
Nov 200303,57328.804.60$16,419
Oct 200323,80128.174.76$18,148
Sep 200303,88526.314.75$18,451
Aug 200303,57929.765.13$18,359
Jul 200303,91529.415.17$20,244
Jun 2003134,14528.565.98$25,171
May 200303,65226.595.97$21,812
Apr 200304,38726.675.41$23,722
Mar 200304,63631.146.10$28,261
Feb 200303,82633.487.93$30,324
Jan 200304,93930.315.58$27,570
Dec 200205,12026.914.85$24,851
Nov 200204,97224.664.14$20,569
Oct 200205,20626.464.23$22,017
Sep 200215,08327.443.64$18,505
Aug 200204,84625.963.16$15,334
Jul 200225,57324.583.06$17,112
Jun 200205,52223.733.34$18,434
May 200205,48824.663.58$19,669
Apr 200205,31523.653.51$18,668
Mar 200205,76922.003.10$17,900
Feb 200204,31018.222.38$10,239
Jan 200202,41417.172.38$5,735
Dec 200104,86816.932.36$11,510
Nov 200105,07318.072.41$12,203
Oct 200104,76919.782.53$12,060
Sep 200105,06224.262.25$11,396
Aug 200105,50224.873.05$16,798
Jul 200105,68423.933.20$18,172
Jun 200105,61124.563.82$21,457
May 20011826,34225.524.31$31,962
Apr 200105,68124.685.34$30,310
Mar 200106,13324.545.38$32,974
Feb 200105,49127.755.77$31,667
Jan 200106,14927.478.40$51,644
Dec 200007,95726.889.12$72,588
Nov 200008,84132.215.66$50,022
Oct 200009,21531.235.15$47,416
Sep 200009,95431.875.19$51,626
Aug 2000010,59029.644.54$48,087
Jul 200009,92328.534.09$40,583
Jun 200009,92529.304.40$43,643
May 2000012,45527.263.68$45,831
Apr 2000010,32224.513.12$32,163
Mar 2000014,57528.422.86$41,681
Feb 20001907,60927.622.73$25,994
Jan 200007,03325.272.48$17,445
Dec 199908,48024.282.42$20,553
Nov 1999010,25423.192.43$24,958
Oct 1999012,19120.982.80$34,180
Sep 1999012,59521.752.62$32,984
Aug 1999013,22219.262.88$38,021
Jul 1999016,88017.892.37$40,046
Jun 199905,32415.942.36$12,576

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                  512 Mcf  × $  8.00 =     $4,095

────────────────────────────────────────────────────
Month total                                   $4,095

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/173771 is the state's own key, not one this site invented.