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 181138District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jul 2000 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
311
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 Gas112001-10-08143782
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
CondensateDisposition58 bbl$3,460
GasProduction570,630 Mcf$2,886,889
Total$2,890,349

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 28.0684, -99.8274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06843, -99.82742 · 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
5,720 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 5,720 ft.

Completions filed
Jul 2000
1 of 1 wells

1 well

42-4793746275,720 ftJul 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 (311)

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

311 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026056359.138.00$4,503
Dec 2025079456.664.41$3,504
Nov 2025050858.593.93$1,995
Oct 2025051559.383.30$1,702
Sep 2025090062.743.08$2,769
Aug 2025064963.933.01$1,957
Jul 2025053966.743.32$1,787
Jun 2025050966.483.13$1,593
May 2025045360.553.23$1,464
Apr 2025048062.363.54$1,701
Mar 2025054167.704.27$2,309
Feb 2025058170.884.34$2,522
Jan 2025061574.324.28$2,631
Dec 2024064068.993.12$1,998
Nov 2024047869.052.20$1,051
Oct 2024053871.372.28$1,227
Sep 2024065569.612.36$1,549
Aug 2024057975.632.06$1,195
Jul 2024056179.932.15$1,204
Jun 2024054178.082.63$1,425
May 2024063078.812.20$1,385
Apr 2024059784.451.66$991
Mar 2024066580.301.55$1,028
Feb 2024067476.091.78$1,202
Jan 2024077873.023.30$2,566
Dec 2023038771.262.61$1,010
Nov 2023035077.892.81$983
Oct 2023042085.443.09$1,297
Sep 2023052589.042.74$1,436
Aug 2023039180.522.67$1,045
Jul 2023068274.852.64$1,802
Jun 2023085968.962.26$1,940
May 2023058070.622.23$1,292
Apr 2023074778.122.24$1,672
Mar 2023038272.852.39$914
Feb 2023036175.112.47$890
Jan 2023035076.533.39$1,186
Dec 2022057176.415.73$3,271
Nov 2022064485.005.65$3,636
Oct 2022042887.185.86$2,510
Sep 2022049184.888.16$4,008
Aug 2022043794.529.13$3,989
Jul 20220448101.587.54$3,379
Jun 20220476115.097.98$3,797
May 20220589109.378.43$4,967
Apr 20220827104.226.84$5,655
Mar 20220744108.885.08$3,777
Feb 2022053891.054.86$2,614
Jan 2022039881.844.54$1,806
Dec 2021049071.323.90$1,911
Nov 2021041877.435.24$2,189
Oct 2021060079.795.71$3,428
Sep 2021052369.865.35$2,799
Aug 2021047066.024.22$1,984
Jul 2021054970.783.98$2,186
Jun 2021041269.493.38$1,393
May 2021045463.483.02$1,370
Apr 2021043660.362.76$1,203
Mar 2021036061.302.72$978
Feb 2021025557.805.55$1,415
Jan 2021046550.412.81$1,307
Dec 2020052544.642.68$1,405
Nov 2020041138.772.71$1,112
Oct 2020043036.972.48$1,066
Sep 2020056337.091.99$1,121
Aug 2020058739.982.39$1,400
Jul 2020045738.371.83$834
Jun 2020054334.901.69$918
May 2020060616.921.81$1,100
Apr 2020041914.751.80$756
Mar 2020043430.341.86$806
Feb 2020063249.881.98$1,252
Jan 2020056357.252.09$1,179
Dec 2019060159.012.30$1,385
Nov 2019051055.302.75$1,403
Oct 2019057653.472.42$1,393
Sep 2019059155.052.66$1,570
Aug 2019060653.112.30$1,396
Jul 2019054256.272.46$1,333
Jun 2019040452.782.49$1,006
May 2019055958.482.74$1,532
Apr 2019054662.632.75$1,502
Mar 2019072156.803.06$2,208
Feb 2019051850.852.79$1,446
Jan 2019070846.033.23$2,286
Dec 2018064946.594.19$2,716
Nov 2018037352.934.24$1,580
Oct 2018059161.443.40$2,008
Sep 2018034559.543.11$1,072
Aug 2018025459.403.07$779
Jul 2018053965.142.93$1,580
Jun 2018072260.183.08$2,222
May 2018076665.382.90$2,222
Apr 2018074463.842.90$2,158
Mar 2018088961.222.79$2,478
Feb 2018062061.782.77$1,715
Jan 2018049662.874.01$1,989
Dec 2017082457.272.92$2,407
Nov 2017081755.423.12$2,548
Oct 2017065249.292.98$1,945
Sep 2017064047.523.09$1,976
Aug 2017058045.373.00$1,743
Jul 2017056543.873.09$1,744
Jun 2017065542.493.09$2,022
May 2017068645.373.26$2,239
Apr 2017070047.933.21$2,248
Mar 2017041046.772.98$1,223
Feb 2017053850.452.95$1,589
Jan 2017060149.413.42$2,055
Dec 2016064748.763.72$2,409
Nov 2016059942.492.64$1,584
Oct 2016049146.193.09$1,517
Sep 2016070641.553.10$2,189
Aug 2016064641.442.92$1,889
Jul 2016068741.622.92$2,009
Jun 201601,18345.352.69$3,177
May 2016075142.521.99$1,495
Apr 2016073736.561.99$1,467
Mar 2016084933.011.79$1,523
Feb 201601,00426.472.06$2,072
Jan 201601,00927.352.36$2,386
Dec 201501,26232.362.00$2,526
Nov 2015070738.792.17$1,532
Oct 2015082343.552.43$1,997
Sep 2015099942.992.76$2,756
Aug 201501,45340.162.87$4,174
Jul 201501,23348.152.95$3,631
Jun 201501,20856.152.88$3,482
May 201501,09055.212.96$3,221
Apr 201501,02549.822.71$2,774
Mar 201501,18742.892.93$3,484
Feb 201501,11744.662.98$3,324
Jan 2015086343.433.10$2,676
Dec 2014066154.693.59$2,374
Nov 2014055270.464.25$2,347
Oct 2014064478.303.90$2,512
Sep 2014078186.164.05$3,159
Aug 201401,11289.394.04$4,487
Jul 2014084896.564.18$3,544
Jun 2014098998.164.74$4,685
May 201401,04594.734.73$4,939
Apr 2014077495.944.81$3,722
Mar 2014074495.895.06$3,762
Feb 2014067097.406.19$4,149
Jan 2014093590.404.86$4,545
Dec 2013087091.824.35$3,788
Nov 2013066588.853.74$2,486
Oct 2013062697.423.78$2,366
Sep 20130729104.113.72$2,710
Aug 201301,138104.253.52$4,009
Jul 201301,233102.523.72$4,584
Jun 201301,28694.403.93$5,058
May 2013095694.834.15$3,967
Apr 2013095693.964.28$4,094
Mar 2013083093.623.91$3,248
Feb 2013075591.233.42$2,582
Jan 2013078791.603.42$2,691
Dec 2012082086.773.42$2,805
Nov 2012084186.953.62$3,049
Oct 2012091489.383.40$3,107
Sep 2012081794.672.92$2,384
Aug 2012099892.662.91$2,902
Jul 2012077985.133.02$2,353
Jun 2012094779.822.52$2,386
May 2012094091.612.49$2,339
Apr 201201,101101.652.00$2,198
Mar 20120861105.052.22$1,913
Feb 20120888101.102.57$2,282
Jan 201201,19198.092.73$3,256
Dec 2011091496.873.24$2,961
Nov 2011098195.723.31$3,248
Oct 2011084484.983.65$3,079
Sep 2011077083.623.99$3,069
Aug 2011082283.404.15$3,411
Jul 2011096294.144.52$4,346
Jun 201101,11792.904.64$5,183
May 2011085198.134.40$3,749
Apr 20110917105.964.33$3,974
Mar 2011097096.364.06$3,936
Feb 2011084085.644.18$3,511
Jan 2011096986.504.59$4,447
Dec 2010080285.734.35$3,487
Nov 201001,01380.843.80$3,845
Oct 201001,01778.103.51$3,569
Sep 2010087872.633.98$3,494
Aug 201001,15873.684.42$5,118
Jul 201001,12972.554.74$5,348
Jun 201001,01870.364.91$4,999
May 201001,00971.124.24$4,273
Apr 2010077981.694.12$3,212
Mar 2010083678.394.39$3,669
Feb 2010085173.585.44$4,631
Jan 201001,18374.365.96$7,056
Dec 200901,03271.445.48$5,659
Nov 200901,16474.593.75$4,367
Oct 200901,28972.544.11$5,298
Sep 2009092565.543.06$2,835
Aug 2009271,23367.423.22$5,789
Jul 200901,06061.133.46$3,672
Jun 200901,16866.163.90$4,549
May 200901,21054.743.93$4,750
Apr 200901,27746.773.59$4,581
Mar 200901,37542.144.06$5,581
Feb 200901,12332.814.63$5,203
Jan 200901,25735.865.37$6,751
Dec 200801,45037.105.98$8,667
Nov 200801,26155.496.86$8,651
Oct 200801,48275.246.92$10,258
Sep 200801,443101.767.88$11,367
Aug 200801,476114.228.48$12,521
Jul 200801,135131.0811.39$12,927
Jun 200801,408131.3313.03$18,350
May 200801,470123.1711.57$17,014
Apr 200801,417110.3110.45$14,815
Mar 200801,351101.909.66$13,056
Feb 200801,33692.538.77$11,717
Jan 200801,62990.388.21$13,367
Dec 200701,66788.337.30$12,172
Nov 200701,72791.677.29$12,593
Oct 200701,53982.856.92$10,653
Sep 200701,81275.846.24$11,314
Aug 200701,81169.066.39$11,569
Jul 200701,78170.906.39$11,377
Jun 200701,98662.007.55$14,991
May 200701,91158.747.85$14,994
Apr 200702,00859.617.81$15,673
Mar 200702,17456.927.30$15,874
Feb 200701,77855.108.22$14,608
Jan 200701,98250.306.73$13,333
Dec 200601,96056.656.92$13,560
Nov 200601,93154.207.62$14,709
Oct 200602,11454.906.01$12,713
Sep 200601,98660.085.04$10,004
Aug 200602,22468.717.34$16,324
Jul 200602,17269.376.34$13,776
Jun 200602,13966.286.38$13,655
May 200602,04466.016.42$13,133
Apr 200602,09964.397.36$15,450
Mar 200602,32556.707.08$16,468
Feb 200602,01557.597.75$15,619
Jan 200602,47460.598.93$22,101
Dec 200502,21854.9413.42$29,755
Nov 2005292,39654.6910.59$26,956
Oct 200502,49258.3413.80$34,379
Sep 200502,60561.4512.08$31,466
Aug 200502,55661.519.80$25,041
Jul 200502,66555.697.84$20,903
Jun 200502,57452.337.38$18,999
May 200502,90345.226.65$19,308
Apr 200502,77749.207.36$20,440
Mar 200502,93450.377.15$20,992
Feb 200502,59645.226.31$16,386
Jan 200502,34843.166.32$14,845
Dec 200402,51239.866.75$16,959
Nov 200402,38345.286.33$15,085
Oct 200402,40049.706.52$15,636
Sep 200402,54543.245.28$13,448
Aug 200402,90842.375.55$16,141
Jul 200402,62138.286.08$15,947
Jun 200402,43736.106.43$15,677
May 200402,59337.486.49$16,840
Apr 200402,83734.475.86$16,620
Mar 200402,39634.365.53$13,250
Feb 200401,78632.455.51$9,840
Jan 200402,37732.036.30$14,974
Dec 200302,55530.266.30$16,101
Nov 200302,82528.804.60$12,981
Oct 200303,50728.174.76$16,692
Sep 200303,22126.314.75$15,298
Aug 200303,39829.765.13$17,431
Jul 200304,12529.415.17$21,330
Jun 200303,23228.565.98$19,337
May 200303,36826.595.97$20,116
Apr 200303,91626.675.41$21,175
Mar 200304,35431.146.10$26,542
Feb 200304,20633.487.93$33,336
Jan 200304,79030.315.58$26,738
Dec 200204,96026.914.85$24,075
Nov 200205,15024.664.14$21,305
Oct 200215,45326.464.23$23,088
Sep 200215,36527.443.64$19,530
Aug 200205,70825.963.16$18,061
Jul 200205,56324.583.06$17,033
Jun 200205,58623.733.34$18,647
May 200205,94824.663.58$21,318
Apr 200205,77123.653.51$20,270
Mar 200206,62122.003.10$20,543
Feb 200205,77818.222.38$13,727
Jan 200204,33117.172.38$10,289
Dec 200106,33816.932.36$14,986
Nov 200107,02318.072.41$16,894
Oct 200106,87419.782.53$17,384
Sep 200107,61324.262.25$17,139
Aug 200108,62524.873.05$26,334
Jul 200108,91123.933.20$28,489
Jun 200108,92424.563.82$34,127
May 2001010,08825.524.31$43,452
Apr 2001010,05024.685.34$53,620
Mar 2001011,05124.545.38$59,415
Feb 2001011,15327.755.77$64,320
Jan 2001013,79827.478.40$115,886
Dec 2000014,58826.889.12$133,079
Nov 2000013,06932.215.66$73,944
Oct 2000015,34231.235.15$78,942
Sep 2000016,04831.875.19$83,233
Aug 2000014,57829.644.54$66,195
Jul 20000028.534.09$0

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                  563 Mcf  × $  8.00 =     $4,503

────────────────────────────────────────────────────
Month total                                   $4,503

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/181138 is the state's own key, not one this site invented.