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 179505District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Sep 2000 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
309
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 Gas112001-10-08143785
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
CondensateDisposition95 bbl$6,522
GasProduction1,162,606 Mcf$5,910,251
Total$5,916,773

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 28.0851, -99.8213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08507, -99.82128 · 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
Sep 2000
1 of 1 wells

1 well

42-4793749775,750 ftSep 2000

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 (309)

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

309 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026049259.138.00$3,935
Dec 2025072756.664.41$3,209
Nov 202501,28058.593.93$5,026
Oct 202501,30059.383.30$4,296
Sep 202501,19262.743.08$3,668
Aug 202501,25663.933.01$3,787
Jul 202503,41566.743.32$11,321
Jun 202501,09766.483.13$3,432
May 202501,08760.553.23$3,514
Apr 202501,15962.363.54$4,106
Mar 202501,23767.704.27$5,280
Feb 2025016970.884.34$734
Jan 2025098174.324.28$4,197
Dec 2024095068.993.12$2,965
Nov 202401,22069.052.20$2,682
Oct 202401,11871.372.28$2,551
Sep 202401,33269.612.36$3,149
Aug 202401,33575.632.06$2,755
Jul 202401,16279.932.15$2,494
Jun 202401,03578.082.63$2,726
May 202401,25578.812.20$2,759
Apr 202401,31884.451.66$2,187
Mar 2024099480.301.55$1,536
Feb 202401,09176.091.78$1,946
Jan 202401,18173.023.30$3,895
Dec 2023096771.262.61$2,525
Nov 202301,01877.892.81$2,858
Oct 202301,19185.443.09$3,677
Sep 2023029289.042.74$799
Aug 2023068080.522.67$1,818
Jul 202301,29174.852.64$3,411
Jun 202301,58268.962.26$3,573
May 202301,34370.622.23$2,991
Apr 202301,35878.122.24$3,039
Mar 202301,24472.852.39$2,977
Feb 202301,01075.112.47$2,490
Jan 2023097276.533.39$3,293
Dec 202201,40976.415.73$8,072
Nov 202201,49385.005.65$8,430
Oct 202201,27187.185.86$7,453
Sep 202201,49884.888.16$12,229
Aug 202201,61994.529.13$14,777
Jul 202201,512101.587.54$11,404
Jun 202201,405115.097.98$11,208
May 202201,333109.378.43$11,241
Apr 202201,394104.226.84$9,532
Mar 202201,385108.885.08$7,031
Feb 202201,23891.054.86$6,015
Jan 202201,09081.844.54$4,946
Dec 202101,39871.323.90$5,451
Nov 202101,20877.435.24$6,326
Oct 202101,87879.795.71$10,731
Sep 202101,71769.865.35$9,188
Aug 202101,79966.024.22$7,593
Jul 202101,67370.783.98$6,662
Jun 202101,59569.493.38$5,392
May 202101,30663.483.02$3,941
Apr 202101,66760.362.76$4,598
Mar 202101,49661.302.72$4,065
Feb 202101,06057.805.55$5,881
Jan 202101,75350.412.81$4,926
Dec 202001,04044.642.68$2,782
Nov 202001,63838.772.71$4,433
Oct 202001,60336.972.48$3,973
Sep 202001,68737.091.99$3,359
Aug 202001,60439.982.39$3,826
Jul 2020045738.371.83$834
Jun 202001,48134.901.69$2,503
May 202001,55516.921.81$2,822
Apr 202001,75314.751.80$3,163
Mar 202002,21330.341.86$4,108
Feb 202001,99749.881.98$3,955
Jan 202002,24257.252.09$4,696
Dec 201902,01659.012.30$4,646
Nov 201901,57255.302.75$4,324
Oct 201901,66653.472.42$4,029
Sep 201901,78855.052.66$4,751
Aug 201901,62053.112.30$3,733
Jul 201901,51356.272.46$3,722
Jun 2019097952.782.49$2,439
May 201901,32358.482.74$3,625
Apr 201902,00062.632.75$5,501
Mar 201901,91356.803.06$5,858
Feb 201901,98050.852.79$5,529
Jan 201901,79346.033.23$5,788
Dec 201801,44246.594.19$6,035
Nov 201801,78452.934.24$7,559
Oct 201801,29161.443.40$4,387
Sep 201801,48759.543.11$4,622
Aug 201801,80459.403.07$5,532
Jul 201801,83265.142.93$5,371
Jun 201801,87460.183.08$5,766
May 201801,91765.382.90$5,561
Apr 201801,80863.842.90$5,245
Mar 201801,86461.222.79$5,195
Feb 201801,67361.782.77$4,628
Jan 201801,88762.874.01$7,566
Dec 201701,87357.272.92$5,472
Nov 201701,78755.423.12$5,573
Oct 201701,65649.292.98$4,941
Sep 201701,95447.523.09$6,033
Aug 201702,08545.373.00$6,264
Jul 201701,96643.873.09$6,070
Jun 201701,84142.493.09$5,684
May 201701,72945.373.26$5,642
Apr 201701,62947.933.21$5,232
Mar 201701,72746.772.98$5,153
Feb 201701,70750.452.95$5,040
Jan 201701,92849.413.42$6,591
Dec 201601,82148.763.72$6,779
Nov 201601,84242.492.64$4,871
Oct 201641,92446.193.09$6,130
Sep 201601,98141.553.10$6,142
Aug 201601,91141.442.92$5,588
Jul 201602,01241.622.92$5,884
Jun 201602,14245.352.69$5,753
May 201602,12142.521.99$4,223
Apr 201622,15236.561.99$4,358
Mar 201602,05533.011.79$3,687
Feb 201601,82726.472.06$3,770
Jan 201601,79427.352.36$4,242
Dec 201502,03632.362.00$4,075
Nov 201501,99038.792.17$4,313
Oct 201502,23443.552.43$5,421
Sep 201502,04142.992.76$5,630
Aug 201502,26640.162.87$6,509
Jul 201502,03148.152.95$5,981
Jun 201502,18756.152.88$6,305
May 201502,15555.212.96$6,369
Apr 201502,11249.822.71$5,716
Mar 201502,06842.892.93$6,069
Feb 201501,57944.662.98$4,699
Jan 201501,70943.433.10$5,299
Dec 201401,84454.693.59$6,622
Nov 201402,10270.464.25$8,937
Oct 201402,36078.303.90$9,206
Sep 201402,68686.164.05$10,866
Aug 201402,94189.394.04$11,867
Jul 201402,64696.564.18$11,059
Jun 201402,44598.164.74$11,582
May 201402,46194.734.73$11,632
Apr 201402,21895.944.81$10,667
Mar 201402,29295.895.06$11,590
Feb 201402,02997.406.19$12,564
Jan 201402,68690.404.86$13,056
Dec 201302,51991.824.35$10,969
Nov 201301,83488.853.74$6,856
Oct 201302,07597.423.78$7,842
Sep 201302,579104.113.72$9,588
Aug 201302,456104.253.52$8,652
Jul 201302,394102.523.72$8,900
Jun 201302,75394.403.93$10,829
May 201302,24794.834.15$9,323
Apr 201302,24793.964.28$9,623
Mar 201302,60193.623.91$10,177
Feb 201302,18791.233.42$7,479
Jan 201301,65491.603.42$5,657
Dec 201201,55886.773.42$5,329
Nov 201202,30386.953.62$8,348
Oct 201202,34789.383.40$7,979
Sep 201202,40494.672.92$7,016
Aug 201202,71992.662.91$7,907
Jul 201202,12885.133.02$6,428
Jun 201202,43079.822.52$6,121
May 201202,43791.612.49$6,064
Apr 201202,347101.652.00$4,686
Mar 201202,602105.052.22$5,782
Feb 201202,278101.102.57$5,855
Jan 201202,66898.092.73$7,295
Dec 201102,16996.873.24$7,027
Nov 201102,36495.723.31$7,828
Oct 201102,43584.983.65$8,884
Sep 201102,71883.623.99$10,833
Aug 201102,78583.404.15$11,556
Jul 201103,14994.144.52$14,225
Jun 201103,33092.904.64$15,451
May 201103,54898.134.40$15,628
Apr 201102,653105.964.33$11,496
Mar 201102,77196.364.06$11,243
Feb 201102,33585.644.18$9,760
Jan 201102,65586.504.59$12,183
Dec 201002,80385.734.35$12,187
Nov 201002,45680.843.80$9,321
Oct 201002,68978.103.51$9,435
Sep 201002,55372.633.98$10,160
Aug 201002,88973.684.42$12,768
Jul 201002,85772.554.74$13,532
Jun 201003,02070.364.91$14,829
May 201002,80571.124.24$11,880
Apr 201002,47681.694.12$10,208
Mar 201003,09478.394.39$13,579
Feb 201002,72773.585.44$14,841
Jan 201003,26374.365.96$19,461
Dec 200903,07671.445.48$16,868
Nov 200902,68574.593.75$10,073
Oct 200902,94672.544.11$12,109
Sep 200902,94965.543.06$9,038
Aug 200903,12467.423.22$10,055
Jul 200903,08361.133.46$10,681
Jun 200903,19166.163.90$12,429
May 200903,30854.743.93$12,986
Apr 200903,42146.773.59$12,273
Mar 200903,68342.144.06$14,949
Feb 200903,19432.814.63$14,798
Jan 200903,67635.865.37$19,744
Dec 200803,82937.105.98$22,886
Nov 200803,48055.496.86$23,874
Oct 200803,81475.246.92$26,400
Sep 200803,579101.767.88$28,192
Aug 200803,814114.228.48$32,354
Jul 200803,625131.0811.39$41,287
Jun 200803,643131.3313.03$47,478
May 200803,800123.1711.57$43,982
Apr 200803,847110.3110.45$40,220
Mar 200803,803101.909.66$36,752
Feb 200803,68892.538.77$32,346
Jan 200804,18590.388.21$34,341
Dec 200704,13888.337.30$30,216
Nov 2007594,09691.677.29$35,275
Oct 200704,33582.856.92$30,007
Sep 200704,44075.846.24$27,724
Aug 200704,51869.066.39$28,861
Jul 200704,41470.906.39$28,196
Jun 200704,42562.007.55$33,402
May 200704,51158.747.85$35,395
Apr 200704,60559.617.81$35,943
Mar 200704,75756.927.30$34,735
Feb 200704,10755.108.22$33,743
Jan 200704,72550.306.73$31,784
Dec 200604,41056.656.92$30,510
Nov 200604,52854.207.62$34,492
Oct 200604,76954.906.01$28,680
Sep 200604,67060.085.04$23,524
Aug 200605,10368.717.34$37,456
Jul 200605,29069.376.34$33,553
Jun 200605,18166.286.38$33,075
May 200604,88966.016.42$31,412
Apr 200604,95864.397.36$36,493
Mar 200605,35356.707.08$37,915
Feb 200604,54757.597.75$35,244
Jan 200605,36860.598.93$47,954
Dec 200505,08954.9413.42$68,271
Nov 200505,03154.6910.59$53,270
Oct 200505,33758.3413.80$73,628
Sep 200505,43261.4512.08$65,613
Aug 200505,97461.519.80$58,526
Jul 200505,70855.697.84$44,772
Jun 200505,50352.337.38$40,618
May 200505,88345.226.65$39,129
Apr 200505,80749.207.36$42,742
Mar 200506,07150.377.15$43,437
Feb 200505,78545.226.31$36,514
Jan 200506,12643.166.32$38,730
Dec 200406,30339.866.75$42,552
Nov 200406,16545.286.33$39,027
Oct 200406,35349.706.52$41,390
Sep 200406,57143.245.28$34,721
Aug 200406,53742.375.55$36,285
Jul 200406,50738.286.08$39,590
Jun 200406,10236.106.43$39,254
May 200406,69037.486.49$43,449
Apr 200406,65934.475.86$39,011
Mar 200406,97234.365.53$38,556
Feb 200406,01732.455.51$33,151
Jan 200407,14132.036.30$44,986
Dec 200306,91030.266.30$43,544
Nov 200307,11728.804.60$32,704
Oct 200307,57028.174.76$36,030
Sep 200307,89626.314.75$37,501
Aug 200307,91029.765.13$40,576
Jul 200307,95829.415.17$41,150
Jun 2003298,25728.565.98$50,230
May 200307,79226.595.97$46,539
Apr 200308,05126.675.41$43,534
Mar 200308,36731.146.10$51,006
Feb 200307,73733.487.93$61,323
Jan 200308,75030.315.58$48,843
Dec 200208,90526.914.85$43,223
Nov 200208,82324.664.14$36,500
Oct 200209,38126.464.23$39,673
Sep 200219,35327.443.64$34,027
Aug 200209,94125.963.16$31,455
Jul 2002010,04424.583.06$30,752
Jun 200209,76923.733.34$32,611
May 2002010,01424.663.58$35,890
Apr 200209,74723.653.51$34,235
Mar 2002010,60622.003.10$32,907
Feb 2002010,31918.222.38$24,515
Jan 200206,22317.172.38$14,784
Dec 2001010,51016.932.36$24,850
Nov 2001011,24118.072.41$27,040
Oct 2001011,95719.782.53$30,238
Sep 2001011,89424.262.25$26,777
Aug 2001013,94024.873.05$42,561
Jul 2001014,40323.933.20$46,048
Jun 2001014,32424.563.82$54,777
May 2001016,19025.524.31$69,736
Apr 2001015,69824.685.34$83,754
Mar 2001017,28624.545.38$92,937
Feb 2001016,94627.755.77$97,729
Jan 2001019,92827.478.40$167,370
Dec 2000023,33826.889.12$212,901
Nov 2000023,47332.215.66$132,810
Oct 2000030,07431.235.15$154,746
Sep 200004,10431.875.19$21,285

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                  492 Mcf  × $  8.00 =     $3,935

────────────────────────────────────────────────────
Month total                                   $3,935

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/179505 is the state's own key, not one this site invented.