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 180000District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Sep 2000 – May 2026
Value, last 12 filed months
$16 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 Gas112001-10-08143784
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
CondensateDisposition173 bbl$5,778
GasProduction503,078 Mcf$2,573,869
Total$2,579,647

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 28.0922, -99.8195. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09225, -99.81953 · 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
5,725 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 5,725 ft.

Completions filed
Sep 2000
1 of 1 wells

1 well

42-4793749665,725 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 2026059559.138.00$4,759
Dec 2025046256.664.41$2,039
Nov 2025038258.593.93$1,500
Oct 2025038759.383.30$1,279
Sep 2025056162.743.08$1,726
Aug 2025060363.933.01$1,818
Jul 2025044966.743.32$1,489
Jun 2025039866.483.13$1,245
May 2025036660.553.23$1,183
Apr 2025046162.363.54$1,633
Mar 2025051867.704.27$2,211
Feb 2025040470.884.34$1,754
Jan 2025044174.324.28$1,887
Dec 2024045668.993.12$1,423
Nov 2024048769.052.20$1,071
Oct 2024055871.372.28$1,273
Sep 2024050469.612.36$1,192
Aug 2024051175.632.06$1,055
Jul 2024053279.932.15$1,142
Jun 2024066678.082.63$1,754
May 2024065378.812.20$1,436
Apr 2024059584.451.66$987
Mar 2024063480.301.55$980
Feb 2024063776.091.78$1,136
Jan 2024064773.023.30$2,134
Dec 2023040171.262.61$1,047
Nov 2023040977.892.81$1,148
Oct 2023044785.443.09$1,380
Sep 2023028889.042.74$788
Aug 2023019580.522.67$521
Jul 2023066474.852.64$1,754
Jun 2023084768.962.26$1,913
May 2023072270.622.23$1,608
Apr 2023085878.122.24$1,920
Mar 2023057272.852.39$1,369
Feb 2023037875.112.47$932
Jan 2023050376.533.39$1,704
Dec 2022074776.415.73$4,280
Nov 2022086285.005.65$4,867
Oct 2022062587.185.86$3,665
Sep 2022062484.888.16$5,094
Aug 2022071694.529.13$6,535
Jul 20220675101.587.54$5,091
Jun 20220414115.097.98$3,303
May 202201,005109.378.43$8,475
Apr 20220628104.226.84$4,294
Mar 20220409108.885.08$2,076
Feb 2022051691.054.86$2,507
Jan 2022039581.844.54$1,792
Dec 2021062071.323.90$2,417
Nov 2021043277.435.24$2,262
Oct 2021089179.795.71$5,091
Sep 2021056569.865.35$3,023
Aug 2021048366.024.22$2,039
Jul 2021064470.783.98$2,564
Jun 2021061669.493.38$2,082
May 2021068063.483.02$2,052
Apr 2021069660.362.76$1,920
Mar 2021055061.302.72$1,494
Feb 2021072057.805.55$3,995
Jan 2021078050.412.81$2,192
Dec 2020050244.642.68$1,343
Nov 2020049638.772.71$1,342
Oct 2020045136.972.48$1,118
Sep 2020052437.091.99$1,043
Aug 2020059439.982.39$1,417
Jul 2020077938.371.83$1,422
Jun 2020065734.901.69$1,111
May 2020065316.921.81$1,185
Apr 2020043914.751.80$792
Mar 2020060230.341.86$1,117
Feb 2020066149.881.98$1,309
Jan 2020071257.252.09$1,491
Dec 2019059059.012.30$1,360
Nov 2019054255.302.75$1,491
Oct 2019052553.472.42$1,270
Sep 2019066655.052.66$1,770
Aug 2019051153.112.30$1,178
Jul 2019046756.272.46$1,149
Jun 2019024952.782.49$620
May 2019054758.482.74$1,499
Apr 2019063062.632.75$1,733
Mar 2019089656.803.06$2,744
Feb 2019035050.852.79$977
Jan 2019045746.033.23$1,475
Dec 2018054246.594.19$2,269
Nov 2018029452.934.24$1,246
Oct 2018043761.443.40$1,485
Sep 2018024759.543.11$768
Aug 2018052959.403.07$1,622
Jul 2018056465.142.93$1,654
Jun 2018039360.183.08$1,209
May 2018059565.382.90$1,726
Apr 2018043263.842.90$1,253
Mar 2018055261.222.79$1,538
Feb 2018051861.782.77$1,433
Jan 2018054362.874.01$2,177
Dec 2017043357.272.92$1,265
Nov 2017044355.423.12$1,381
Oct 2017038349.292.98$1,143
Sep 2017042047.523.09$1,297
Aug 2017043845.373.00$1,316
Jul 2017054943.873.09$1,695
Jun 2017048342.493.09$1,491
May 2017064245.373.26$2,095
Apr 2017086447.933.21$2,775
Mar 2017074346.772.98$2,217
Feb 2017079150.452.95$2,336
Jan 2017072749.413.42$2,485
Dec 2016062148.763.72$2,312
Nov 2016061042.492.64$1,613
Oct 2016075046.193.09$2,318
Sep 2016079541.553.10$2,465
Aug 2016077041.442.92$2,252
Jul 2016079741.622.92$2,331
Jun 2016088445.352.69$2,374
May 2016080142.521.99$1,595
Apr 2016084236.561.99$1,676
Mar 2016075633.011.79$1,356
Feb 2016071726.472.06$1,480
Jan 2016074027.352.36$1,750
Dec 2015087032.362.00$1,741
Nov 2015071338.792.17$1,545
Oct 2015084343.552.43$2,046
Sep 201501,12542.992.76$3,103
Aug 201501,52440.162.87$4,378
Jul 201501,19848.152.95$3,528
Jun 201501,13556.152.88$3,272
May 201501,09455.212.96$3,233
Apr 201501,15549.822.71$3,126
Mar 201501,03242.892.93$3,029
Feb 2015190544.662.98$2,738
Jan 2015095943.433.10$2,974
Dec 2014074854.693.59$2,686
Nov 2014076170.464.25$3,236
Oct 2014084278.303.90$3,285
Sep 2014083386.164.05$3,370
Aug 2014098689.394.04$3,979
Jul 2014091496.564.18$3,820
Jun 2014082298.164.74$3,894
May 201401,00394.734.73$4,741
Apr 2014088295.944.81$4,242
Mar 2014091895.895.06$4,642
Feb 2014083097.406.19$5,139
Jan 2014085290.404.86$4,141
Dec 2013086891.824.35$3,780
Nov 2013073188.853.74$2,733
Oct 2013082097.423.78$3,099
Sep 20130999104.113.72$3,714
Aug 201301,090104.253.52$3,840
Jul 201301,039102.523.72$3,863
Jun 201301,06294.403.93$4,177
May 2013095894.834.15$3,975
Apr 2013095893.964.28$4,103
Mar 201301,01593.623.91$3,972
Feb 2013089891.233.42$3,071
Jan 201301,19991.603.42$4,100
Dec 2012089986.773.42$3,075
Nov 2012099386.953.62$3,600
Oct 201201,13289.383.40$3,848
Sep 201201,08494.672.92$3,164
Aug 201201,38692.662.91$4,031
Jul 2012088285.133.02$2,664
Jun 201201,01879.822.52$2,564
May 201201,05891.612.49$2,633
Apr 201201,149101.652.00$2,294
Mar 201201,087105.052.22$2,415
Feb 20120894101.102.57$2,298
Jan 201201,10198.092.73$3,010
Dec 2011088196.873.24$2,854
Nov 201101,12195.723.31$3,712
Oct 201101,13384.983.65$4,134
Sep 201101,30283.623.99$5,190
Aug 201101,42483.404.15$5,909
Jul 201101,48194.144.52$6,690
Jun 201101,43292.904.64$6,644
May 201101,11298.134.40$4,898
Apr 201101,042105.964.33$4,515
Mar 201101,12196.364.06$4,548
Feb 201101,14385.644.18$4,778
Jan 2011096686.504.59$4,433
Dec 201001,34885.734.35$5,861
Nov 201001,14380.843.80$4,338
Oct 201001,24678.103.51$4,372
Sep 201001,01972.633.98$4,055
Aug 201001,28173.684.42$5,661
Jul 201001,23872.554.74$5,864
Jun 201001,18770.364.91$5,829
May 201001,39471.124.24$5,904
Apr 201001,18581.694.12$4,885
Mar 201001,14278.394.39$5,012
Feb 201001,09473.585.44$5,954
Jan 201001,26874.365.96$7,562
Dec 200901,21771.445.48$6,674
Nov 200901,18974.593.75$4,461
Oct 200901,22072.544.11$5,015
Sep 200901,16965.543.06$3,583
Aug 2009211,35767.423.22$5,783
Jul 200901,31561.133.46$4,556
Jun 200901,18266.163.90$4,604
May 200901,23454.743.93$4,844
Apr 200901,37546.773.59$4,933
Mar 200901,59042.144.06$6,454
Feb 200901,29032.814.63$5,977
Jan 200901,57735.865.37$8,470
Dec 200801,58537.105.98$9,474
Nov 200801,52255.496.86$10,441
Oct 200801,59575.246.92$11,041
Sep 200801,459101.767.88$11,493
Aug 200801,616114.228.48$13,709
Jul 200801,524131.0811.39$17,357
Jun 200801,583131.3313.03$20,631
May 200801,510123.1711.57$17,477
Apr 200801,512110.3110.45$15,808
Mar 200801,590101.909.66$15,366
Feb 200801,53992.538.77$13,498
Jan 200801,70390.388.21$13,974
Dec 200701,64588.337.30$12,012
Nov 200701,84791.677.29$13,468
Oct 200701,82182.856.92$12,605
Sep 200702,09575.846.24$13,082
Aug 200701,84369.066.39$11,773
Jul 200701,97670.906.39$12,623
Jun 200702,02962.007.55$15,316
May 200701,80258.747.85$14,139
Apr 200701,95559.617.81$15,259
Mar 200702,10056.927.30$15,334
Feb 200701,89355.108.22$15,553
Jan 200702,17950.306.73$14,658
Dec 200602,17356.656.92$15,034
Nov 200602,11954.207.62$16,141
Oct 200602,39454.906.01$14,397
Sep 200602,15160.085.04$10,835
Aug 200602,46268.717.34$18,071
Jul 200602,21369.376.34$14,037
Jun 200602,51766.286.38$16,068
May 200601,93366.016.42$12,420
Apr 200601,72464.397.36$12,689
Mar 200601,94656.707.08$13,783
Feb 200601,75457.597.75$13,595
Jan 200601,89460.598.93$16,920
Dec 200502,33254.9413.42$31,285
Nov 200501,89654.6910.59$20,076
Oct 200502,38258.3413.80$32,862
Sep 200502,61761.4512.08$31,611
Aug 200502,81861.519.80$27,608
Jul 200502,57655.697.84$20,205
Jun 200502,34252.337.38$17,286
May 200502,86245.226.65$19,036
Apr 200502,78549.207.36$20,499
Mar 200502,54650.377.15$18,216
Feb 200502,49645.226.31$15,755
Jan 200502,52543.166.32$15,964
Dec 200402,65839.866.75$17,944
Nov 200402,74045.286.33$17,345
Oct 200402,76649.706.52$18,021
Sep 200402,81443.245.28$14,869
Aug 200403,09542.375.55$17,179
Jul 200422,86138.286.08$17,483
Jun 200402,81236.106.43$18,090
May 200403,11537.486.49$20,231
Apr 200403,10634.475.86$18,196
Mar 200403,35934.365.53$18,576
Feb 200402,80832.455.51$15,471
Jan 200403,28132.036.30$20,669
Dec 200303,08730.266.30$19,453
Nov 200303,11928.804.60$14,332
Oct 200303,06728.174.76$14,598
Sep 200303,52226.314.75$16,727
Aug 200303,48229.765.13$17,862
Jul 200303,73429.415.17$19,308
Jun 20031423,82728.565.98$26,952
May 200303,61126.595.97$21,567
Apr 200303,73126.675.41$20,175
Mar 200304,03231.146.10$24,579
Feb 200303,86533.487.93$30,634
Jan 200304,32130.315.58$24,120
Dec 200204,43726.914.85$21,536
Nov 200204,27024.664.14$17,665
Oct 200214,04726.464.23$17,142
Sep 200244,59227.443.64$16,803
Aug 200204,88825.963.16$15,466
Jul 200224,66524.583.06$14,332
Jun 200204,82023.733.34$16,090
May 200204,94724.663.58$17,730
Apr 200204,71023.653.51$16,543
Mar 200205,07622.003.10$15,749
Feb 200204,44418.222.38$10,558
Jan 200203,38317.172.38$8,037
Dec 200104,80216.932.36$11,354
Nov 200105,06118.072.41$12,174
Oct 200105,14619.782.53$13,014
Sep 200105,40424.262.25$12,166
Aug 200105,99624.873.05$18,307
Jul 200106,19523.933.20$19,806
Jun 200106,05624.563.82$23,159
May 200106,84625.524.31$29,488
Apr 200106,96524.685.34$37,161
Mar 200107,82324.545.38$42,060
Feb 200107,79727.755.77$44,966
Jan 200109,42327.478.40$79,142
Dec 2000010,03226.889.12$91,517
Nov 200009,71132.215.66$54,945
Oct 2000010,85031.235.15$55,829
Sep 200003,18831.875.19$16,535

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                  595 Mcf  × $  8.00 =     $4,759

────────────────────────────────────────────────────
Month total                                   $4,759

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/180000 is the state's own key, not one this site invented.