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 179999District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Aug 2000 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
310
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 Gas112001-10-08143783
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
CondensateDisposition134 bbl$6,537
GasProduction441,651 Mcf$2,259,203
Total$2,265,741

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 28.0941, -99.8153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09413, -99.81533 · 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
5,761 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 5,761 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-4793749555,761 ftAug 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 (310)

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

310 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026016059.138.00$1,280
Dec 2025021956.664.41$967
Nov 2025032258.593.93$1,264
Oct 2025032859.383.30$1,084
Sep 2025031062.743.08$954
Aug 2025037263.933.01$1,121
Jul 2025025266.743.32$835
Jun 2025012166.483.13$379
May 2025015360.553.23$495
Apr 2025012762.363.54$450
Mar 2025015067.704.27$640
Feb 202505070.884.34$217
Jan 202508674.324.28$368
Dec 202404168.993.12$128
Nov 2024014069.052.20$308
Oct 202408571.372.28$194
Sep 2024013469.612.36$317
Aug 2024019175.632.06$394
Jul 2024010779.932.15$230
Jun 2024011578.082.63$303
May 2024014678.812.20$321
Apr 2024015084.451.66$249
Mar 2024015680.301.55$241
Feb 2024061676.091.78$1,099
Jan 2024028473.023.30$937
Dec 202309471.262.61$245
Nov 2023015577.892.81$435
Oct 2023024785.443.09$763
Sep 2023014689.042.74$399
Aug 202308680.522.67$230
Jul 2023025674.852.64$676
Jun 2023031368.962.26$707
May 2023014770.622.23$327
Apr 2023017078.122.24$380
Mar 2023011972.852.39$285
Feb 2023012875.112.47$316
Jan 202309376.533.39$315
Dec 2022022576.415.73$1,289
Nov 2022029685.005.65$1,671
Oct 2022017887.185.86$1,044
Sep 2022020284.888.16$1,649
Aug 2022013394.529.13$1,214
Jul 2022098101.587.54$739
Jun 2022022115.097.98$176
May 20220145109.378.43$1,223
Apr 20220127104.226.84$868
Mar 20220123108.885.08$624
Feb 202206791.054.86$326
Jan 202204981.844.54$222
Dec 2021015671.323.90$608
Nov 202104877.435.24$251
Oct 2021016079.795.71$914
Sep 2021016669.865.35$888
Aug 2021015866.024.22$667
Jul 2021013770.783.98$546
Jun 202109069.493.38$304
May 2021022563.483.02$679
Apr 2021018260.362.76$502
Mar 202106061.302.72$163
Feb 202109157.805.55$505
Jan 2021039350.412.81$1,104
Dec 2020033644.642.68$899
Nov 202004638.772.71$125
Oct 20200036.972.48$0
Sep 202001237.091.99$24
Aug 2020035539.982.39$847
Jul 2020046738.371.83$852
Jun 2020029834.901.69$504
May 2020026116.921.81$474
Apr 2020012814.751.80$231
Mar 202003730.341.86$69
Feb 202007949.881.98$156
Jan 202007957.252.09$165
Dec 2019022959.012.30$528
Nov 2019066955.302.75$1,840
Oct 2019068653.472.42$1,659
Sep 2019078455.052.66$2,083
Aug 2019081553.112.30$1,878
Jul 2019079056.272.46$1,943
Jun 2019076952.782.49$1,916
May 2019077058.482.74$2,110
Apr 2019079862.632.75$2,195
Mar 2019091956.803.06$2,814
Feb 2019078250.852.79$2,184
Jan 2019095446.033.23$3,080
Dec 2018099646.594.19$4,169
Nov 2018083552.934.24$3,538
Oct 2018082261.443.40$2,793
Sep 2018083259.543.11$2,586
Aug 2018097759.403.07$2,996
Jul 2018090865.142.93$2,662
Jun 2018098460.183.08$3,028
May 201801,20665.382.90$3,498
Apr 2018065363.842.90$1,894
Mar 2018096761.222.79$2,695
Feb 2018079261.782.77$2,191
Jan 2018080562.874.01$3,228
Dec 2017079457.272.92$2,320
Nov 2017084055.423.12$2,619
Oct 2017095749.292.98$2,855
Sep 201701,02547.523.09$3,164
Aug 201701,07245.373.00$3,221
Jul 201701,05343.873.09$3,251
Jun 2017053142.493.09$1,639
May 2017078645.373.26$2,565
Apr 2017087947.933.21$2,823
Mar 2017067946.772.98$2,026
Feb 2017072050.452.95$2,126
Jan 2017084949.413.42$2,903
Dec 2016088848.763.72$3,306
Nov 2016067842.492.64$1,793
Oct 2016066146.193.09$2,043
Sep 2016089341.553.10$2,769
Aug 2016080441.442.92$2,351
Jul 2016073541.622.92$2,149
Jun 2016086945.352.69$2,334
May 2016075942.521.99$1,511
Apr 2016078836.561.99$1,569
Mar 2016077833.011.79$1,396
Feb 2016082326.472.06$1,698
Jan 2016067427.352.36$1,594
Dec 2015081332.362.00$1,627
Nov 2015052038.792.17$1,127
Oct 2015079143.552.43$1,919
Sep 2015092642.992.76$2,554
Aug 2015098040.162.87$2,815
Jul 201501,16848.152.95$3,440
Jun 2015082856.152.88$2,387
May 2015081955.212.96$2,421
Apr 2015078649.822.71$2,127
Mar 2015091942.892.93$2,697
Feb 2015098044.662.98$2,917
Jan 201501,11343.433.10$3,451
Dec 2014065454.693.59$2,349
Nov 2014063570.464.25$2,700
Oct 2014054878.303.90$2,138
Sep 2014059686.164.05$2,411
Aug 2014067089.394.04$2,704
Jul 2014061196.564.18$2,554
Jun 2014055198.164.74$2,610
May 2014069094.734.73$3,261
Apr 2014056595.944.81$2,717
Mar 2014088195.895.06$4,455
Feb 2014058397.406.19$3,610
Jan 2014067890.404.86$3,296
Dec 2013082291.824.35$3,579
Nov 2013080688.853.74$3,013
Oct 2013085097.423.78$3,212
Sep 20130970104.113.72$3,606
Aug 201301,018104.253.52$3,586
Jul 20130943102.523.72$3,506
Jun 2013090094.403.93$3,540
May 2013096794.834.15$4,012
Apr 2013096793.964.28$4,141
Mar 2013097693.623.91$3,819
Feb 2013087591.233.42$2,992
Jan 2013094191.603.42$3,218
Dec 2012088286.773.42$3,017
Nov 2012098586.953.62$3,571
Oct 201201,12589.383.40$3,825
Sep 201201,10094.672.92$3,210
Aug 201201,16192.662.91$3,376
Jul 201201,06985.133.02$3,229
Jun 201201,03679.822.52$2,610
May 201201,12491.612.49$2,797
Apr 201201,189101.652.00$2,374
Mar 201201,103105.052.22$2,451
Feb 20120831101.102.57$2,136
Jan 201201,07698.092.73$2,942
Dec 201101,02496.873.24$3,317
Nov 201101,02495.723.31$3,391
Oct 2011086184.983.65$3,141
Sep 2011068683.623.99$2,734
Aug 2011090283.404.15$3,743
Jul 201101,19894.144.52$5,412
Jun 201101,24192.904.64$5,758
May 201101,11098.134.40$4,889
Apr 201101,203105.964.33$5,213
Mar 2011093096.364.06$3,773
Feb 2011099085.644.18$4,138
Jan 2011078686.504.59$3,607
Dec 2010084785.734.35$3,683
Nov 2010092680.843.80$3,514
Oct 2010080178.103.51$2,811
Sep 2010083272.633.98$3,311
Aug 2010093073.684.42$4,110
Jul 201001,27172.554.74$6,020
Jun 201001,37770.364.91$6,762
May 201001,28071.124.24$5,421
Apr 2010096981.694.12$3,995
Mar 201001,34178.394.39$5,885
Feb 201001,19373.585.44$6,493
Jan 201001,49174.365.96$8,892
Dec 200901,28471.445.48$7,041
Nov 200901,04274.593.75$3,909
Oct 200901,08972.544.11$4,476
Sep 200901,08865.543.06$3,334
Aug 2009251,21367.423.22$5,590
Jul 200901,08761.133.46$3,766
Jun 200901,45066.163.90$5,648
May 200901,33454.743.93$5,237
Apr 200901,27746.773.59$4,581
Mar 200901,43642.144.06$5,829
Feb 200901,23232.814.63$5,708
Jan 200901,36835.865.37$7,348
Dec 200801,50437.105.98$8,990
Nov 200801,37555.496.86$9,433
Oct 200801,62275.246.92$11,227
Sep 200801,258101.767.88$9,909
Aug 200801,602114.228.48$13,590
Jul 200801,503131.0811.39$17,118
Jun 200801,567131.3313.03$20,422
May 200801,537123.1711.57$17,790
Apr 200801,558110.3110.45$16,289
Mar 200801,508101.909.66$14,573
Feb 200801,47592.538.77$12,937
Jan 200801,68690.388.21$13,835
Dec 200701,62188.337.30$11,836
Nov 200701,36091.677.29$9,917
Oct 200701,66882.856.92$11,546
Sep 200701,82075.846.24$11,364
Aug 200701,74669.066.39$11,153
Jul 200701,67970.906.39$10,725
Jun 200701,72062.007.55$12,983
May 200701,82358.747.85$14,304
Apr 200701,97959.617.81$15,446
Mar 200702,01256.927.30$14,692
Feb 200701,83155.108.22$15,044
Jan 200701,97950.306.73$13,312
Dec 200601,93356.656.92$13,373
Nov 200602,00554.207.62$15,273
Oct 200601,99054.906.01$11,967
Sep 200602,09560.085.04$10,553
Aug 200602,04468.717.34$15,003
Jul 200602,16169.376.34$13,707
Jun 200602,01266.286.38$12,844
May 200602,15866.016.42$13,865
Apr 200602,46164.397.36$18,114
Mar 200602,29356.707.08$16,241
Feb 200601,77457.597.75$13,750
Jan 200601,66060.598.93$14,829
Dec 200501,90654.9413.42$25,570
Nov 200501,83154.6910.59$19,387
Oct 200502,06258.3413.80$28,447
Sep 200502,26161.4512.08$27,311
Aug 200502,34261.519.80$22,944
Jul 200502,16755.697.84$16,997
Jun 200502,06252.337.38$15,220
May 200502,21945.226.65$14,759
Apr 2005842,14049.207.36$19,884
Mar 200502,22650.377.15$15,927
Feb 200502,02045.226.31$12,750
Jan 200502,24943.166.32$14,219
Dec 200402,34239.866.75$15,811
Nov 200402,19545.286.33$13,895
Oct 200402,26149.706.52$14,731
Sep 200402,31943.245.28$12,253
Aug 200402,53242.375.55$14,054
Jul 200402,41938.286.08$14,718
Jun 200422,21736.106.43$14,334
May 200402,37437.486.49$15,418
Apr 200402,37134.475.86$13,890
Mar 200402,62234.365.53$14,500
Feb 200402,10432.455.51$11,592
Jan 200402,51432.036.30$15,837
Dec 200302,57830.266.30$16,246
Nov 200302,52328.804.60$11,594
Oct 200302,35028.174.76$11,185
Sep 200302,78426.314.75$13,222
Aug 200302,76229.765.13$14,168
Jul 200373,05429.415.17$15,998
Jun 200373,10728.565.98$18,789
May 200373,10726.595.97$18,743
Apr 200303,17126.675.41$17,146
Mar 200303,27931.146.10$19,989
Feb 200303,18133.487.93$25,212
Jan 200303,77530.315.58$21,072
Dec 200203,69926.914.85$17,954
Nov 200203,71524.664.14$15,369
Oct 200203,95126.464.23$16,709
Sep 200223,73027.443.64$13,614
Aug 200204,06825.963.16$12,872
Jul 200204,04724.583.06$12,391
Jun 200203,97523.733.34$13,270
May 200204,73824.663.58$16,981
Apr 200204,25123.653.51$14,931
Mar 200205,33322.003.10$16,547
Feb 200205,31318.222.38$12,622
Jan 200203,52717.172.38$8,379
Dec 200103,86416.932.36$9,136
Nov 200104,32618.072.41$10,406
Oct 200104,29119.782.53$10,851
Sep 200104,54124.262.25$10,223
Aug 200105,00824.873.05$15,290
Jul 200105,17423.933.20$16,542
Jun 200105,04524.563.82$19,293
May 200105,70325.524.31$24,565
Apr 200105,70424.685.34$30,433
Mar 200106,41324.545.38$34,479
Feb 200106,35927.755.77$36,673
Jan 200107,75327.478.40$65,116
Dec 200008,63926.889.12$78,809
Nov 200008,11732.215.66$45,926
Oct 2000010,05231.235.15$51,723
Sep 2000011,03431.875.19$57,228
Aug 200002,02729.644.54$9,204

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                  160 Mcf  × $  8.00 =     $1,280

────────────────────────────────────────────────────
Month total                                   $1,280

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/179999 is the state's own key, not one this site invented.