PALAFOX 7E

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 185732District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$388 k
Sep 2001 – Apr 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
296
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 Gas112002-03-18146189
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
CondensateDisposition124 bbl$6,780
GasProduction82,411 Mcf$381,149
Total$387,929

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 28.0401, -99.8401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04013, -99.84007 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,758 ft
1 wells filed one
Completion to plug
23.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,758 ft.

Completions filed
Sep 2001
1 of 1 wells
Plug dates filed
Aug 2025
1 of 1 wells

Last completion to plug: a median of 23.9 years across the 1 well that filed both dates, with the middle half between 23.9 years and 23.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47937897405,758 ftSep 2001Aug 2025Yes

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 (296)

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

296 months

Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240578.812.20$11
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202302374.852.64$61
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230276.533.39$7
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202203591.054.86$170
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021016379.795.71$931
Sep 2021027169.865.35$1,450
Aug 2021025066.024.22$1,055
Jul 2021017870.783.98$709
Jun 2021017369.493.38$585
May 2021019063.483.02$573
Apr 2021022460.362.76$618
Mar 2021037661.302.72$1,022
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202004844.642.68$128
Nov 2020018438.772.71$498
Oct 202001336.972.48$32
Sep 2020019137.091.99$380
Aug 2020021939.982.39$522
Jul 2020015438.371.83$281
Jun 2020016734.901.69$282
May 2020019116.921.81$347
Apr 2020022614.751.80$408
Mar 2020017030.341.86$316
Feb 2020022449.881.98$444
Jan 2020023957.252.09$501
Dec 2019020959.012.30$482
Nov 2019020155.302.75$553
Oct 2019022153.472.42$535
Sep 2019022155.052.66$587
Aug 2019023453.112.30$539
Jul 2019024356.272.46$598
Jun 2019029652.782.49$737
May 2019018658.482.74$510
Apr 2019032162.632.75$883
Mar 2019015556.803.06$475
Feb 2019012650.852.79$352
Jan 2019113146.033.23$469
Dec 2018020646.594.19$862
Nov 2018019152.934.24$809
Oct 2018016961.443.40$574
Sep 2018013159.543.11$407
Aug 2018017359.403.07$531
Jul 2018015965.142.93$466
Jun 2018015960.183.08$489
May 2018014865.382.90$429
Apr 2018014463.842.90$418
Mar 2018017761.222.79$493
Feb 2018014761.782.77$407
Jan 2018015862.874.01$633
Dec 2017013457.272.92$391
Nov 2017019055.423.12$592
Oct 2017011649.292.98$346
Sep 2017015147.523.09$466
Aug 2017015345.373.00$460
Jul 2017018243.873.09$562
Jun 2017012042.493.09$370
May 2017012745.373.26$414
Apr 2017018947.933.21$607
Mar 2017015346.772.98$457
Feb 2017015450.452.95$455
Jan 2017014249.413.42$485
Dec 2016119148.763.72$760
Nov 2016020242.492.64$534
Oct 2016021246.193.09$655
Sep 2016013741.553.10$425
Aug 2016016841.442.92$491
Jul 2016012341.622.92$360
Jun 2016015645.352.69$419
May 2016016142.521.99$321
Apr 2016015736.561.99$313
Mar 201603633.011.79$65
Feb 2016015026.472.06$310
Jan 2016015527.352.36$366
Dec 2015017732.362.00$354
Nov 2015017838.792.17$386
Oct 2015018443.552.43$446
Sep 2015018042.992.76$497
Aug 2015021740.162.87$623
Jul 2015017248.152.95$507
Jun 2015017056.152.88$490
May 2015022055.212.96$650
Apr 2015016249.822.71$438
Mar 2015024442.892.93$716
Feb 2015015044.662.98$446
Jan 2015018543.433.10$574
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014015578.303.90$605
Sep 201401,53886.164.05$6,222
Aug 2014014589.394.04$585
Jul 2014015696.564.18$652
Jun 2014015298.164.74$720
May 2014015294.734.73$718
Apr 2014014995.944.81$717
Mar 2014015495.895.06$779
Feb 2014014097.406.19$867
Jan 2014014090.404.86$681
Dec 201309691.824.35$418
Nov 201309388.853.74$348
Oct 201307397.423.78$276
Sep 2013078104.113.72$290
Aug 2013061104.253.52$215
Jul 2013084102.523.72$312
Jun 201306494.403.93$252
May 201309094.834.15$373
Apr 201309193.964.28$390
Mar 201309493.623.91$368
Feb 201308391.233.42$284
Jan 2013010591.603.42$359
Dec 201209086.773.42$308
Nov 2012014386.953.62$518
Oct 2012016189.383.40$547
Sep 2012010194.672.92$295
Aug 2012012892.662.91$372
Jul 2012014985.133.02$450
Jun 2012014779.822.52$370
May 2012013491.612.49$333
Apr 20120161101.652.00$321
Mar 2012090105.052.22$200
Feb 20120139101.102.57$357
Jan 2012017598.092.73$478
Dec 2011015196.873.24$489
Nov 2011017695.723.31$583
Oct 2011017084.983.65$620
Sep 2011021183.623.99$841
Aug 2011023183.404.15$958
Jul 20110094.144.52$0
Jun 201107192.904.64$329
May 2011016198.134.40$709
Apr 20110187105.964.33$810
Mar 2011023396.364.06$945
Feb 2011017585.644.18$732
Jan 2011025686.504.59$1,175
Dec 2010018785.734.35$813
Nov 2010025080.843.80$949
Oct 2010026578.103.51$930
Sep 2010025372.633.98$1,007
Aug 2010025973.684.42$1,145
Jul 2010021572.554.74$1,018
Jun 2010025470.364.91$1,247
May 2010028571.124.24$1,207
Apr 2010027981.694.12$1,150
Mar 2010028978.394.39$1,268
Feb 2010029673.585.44$1,611
Jan 2010015874.365.96$942
Dec 2009027971.445.48$1,530
Nov 2009027174.593.75$1,017
Oct 2009027472.544.11$1,126
Sep 2009027365.543.06$837
Aug 2009026367.423.22$846
Jul 2009026661.133.46$922
Jun 2009028366.163.90$1,102
May 2009030254.743.93$1,186
Apr 2009030346.773.59$1,087
Mar 2009031442.144.06$1,275
Feb 2009029032.814.63$1,344
Jan 2009032935.865.37$1,767
Dec 2008033137.105.98$1,978
Nov 2008031455.496.86$2,154
Oct 2008032375.246.92$2,236
Sep 20080325101.767.88$2,560
Aug 20080338114.228.48$2,867
Jul 20080341131.0811.39$3,884
Jun 20080337131.3313.03$4,392
May 20080339123.1711.57$3,924
Apr 20080331110.3110.45$3,461
Mar 20080344101.909.66$3,324
Feb 2008033292.538.77$2,912
Jan 2008037590.388.21$3,077
Dec 2007038488.337.30$2,804
Nov 2007032591.677.29$2,370
Oct 2007031482.856.92$2,174
Sep 2007029975.846.24$1,867
Aug 2007035669.066.39$2,274
Jul 2007035670.906.39$2,274
Jun 20075933262.007.55$6,164
May 2007034058.747.85$2,668
Apr 2007032559.617.81$2,537
Mar 2007035056.927.30$2,556
Feb 2007031355.108.22$2,572
Jan 2007036550.306.73$2,455
Dec 2006035156.656.92$2,428
Nov 2006037454.207.62$2,849
Oct 2006037654.906.01$2,261
Sep 2006035660.085.04$1,793
Aug 2006036568.717.34$2,679
Jul 2006037169.376.34$2,353
Jun 2006036766.286.38$2,343
May 2006037166.016.42$2,384
Apr 2006035264.397.36$2,591
Mar 20062534656.707.08$3,868
Feb 2006031057.597.75$2,403
Jan 2006035860.598.93$3,198
Dec 2005035554.9413.42$4,762
Nov 2005033354.6910.59$3,526
Oct 2005036558.3413.80$5,035
Sep 2005033461.4512.08$4,034
Aug 2005036061.519.80$3,527
Jul 2005036655.697.84$2,871
Jun 2005036552.337.38$2,694
May 2005043745.226.65$2,907
Apr 2005035749.207.36$2,628
Mar 2005038950.377.15$2,783
Feb 2005042045.226.31$2,651
Jan 2005040343.166.32$2,548
Dec 2004042039.866.75$2,835
Nov 2004040845.286.33$2,583
Oct 2004043549.706.52$2,834
Sep 2004041343.245.28$2,182
Aug 20043844442.375.55$4,075
Jul 2004047538.286.08$2,890
Jun 2004046736.106.43$3,004
May 2004051537.486.49$3,345
Apr 2004045134.475.86$2,642
Mar 2004054834.365.53$3,031
Feb 2004049832.455.51$2,744
Jan 2004055832.036.30$3,515
Dec 2003054030.266.30$3,403
Nov 2003058728.804.60$2,697
Oct 2003056128.174.76$2,670
Sep 2003054726.314.75$2,598
Aug 2003062529.765.13$3,206
Jul 2003061529.415.17$3,180
Jun 2003062428.565.98$3,733
May 2003070726.595.97$4,223
Apr 2003071626.675.41$3,872
Mar 2003075031.146.10$4,572
Feb 2003067233.487.93$5,326
Jan 2003079130.315.58$4,415
Dec 2002083526.914.85$4,053
Nov 2002083424.664.14$3,450
Oct 2002087326.464.23$3,692
Sep 2002086727.443.64$3,152
Aug 2002095425.963.16$3,019
Jul 200201,02524.583.06$3,138
Jun 200201,07223.733.34$3,579
May 200201,19724.663.58$4,290
Apr 200201,24223.653.51$4,362
Mar 200201,36222.003.10$4,226
Feb 200201,36618.222.38$3,245
Jan 200201,78517.172.38$4,241
Dec 200102,16816.932.36$5,126
Nov 200102,77218.072.41$6,668
Oct 200104,47119.782.53$11,307
Sep 200101,06124.262.25$2,389

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.

May 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.81 =         $0
Gas                    5 Mcf  × $  2.20 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/185732 is the state's own key, not one this site invented.