PALAFOX UNIT

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 187407District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Dec 2001 – Jan 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
290
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 Gas112003-12-10153201
NGPA2none

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
CondensateDisposition392 bbl$12,258
GasProduction360,520 Mcf$1,878,557
Total$1,890,815

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 28.0756, -99.8014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07558, -99.80141 · 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
5,748 ft
1 wells filed one
Completion to plug
23.8 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 5,748 ft.

Completions filed
Dec 2001
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 23.8 years across the 1 well that filed both dates, with the middle half between 23.8 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47937993F 575,748 ftDec 2001Oct 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 (290)

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

290 months

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 2025017567.704.27$747
Feb 2025020970.884.34$907
Jan 2025021074.324.28$899
Dec 2024022168.993.12$690
Nov 2024024069.052.20$528
Oct 2024025871.372.28$589
Sep 2024026869.612.36$634
Aug 2024028475.632.06$586
Jul 2024030979.932.15$663
Jun 2024028578.082.63$751
May 2024047878.812.20$1,051
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024025276.091.78$449
Jan 2024040773.023.30$1,342
Dec 2023029171.262.61$760
Nov 2023029777.892.81$834
Oct 2023031985.443.09$985
Sep 2023031689.042.74$864
Aug 2023034780.522.67$927
Jul 2023039874.852.64$1,051
Jun 2023037068.962.26$836
May 2023042770.622.23$951
Apr 2023047278.122.24$1,056
Mar 2023049372.852.39$1,180
Feb 2023047775.112.47$1,176
Jan 2023051676.533.39$1,748
Dec 2022050976.415.73$2,916
Nov 2022053385.005.65$3,009
Oct 2022054487.185.86$3,190
Sep 2022049984.888.16$4,074
Aug 2022050694.529.13$4,618
Jul 20220575101.587.54$4,337
Jun 20220616115.097.98$4,914
May 20220673109.378.43$5,675
Apr 20220685104.226.84$4,684
Mar 20220714108.885.08$3,625
Feb 2022064391.054.86$3,124
Jan 2022070881.844.54$3,213
Dec 2021071371.323.90$2,780
Nov 2021070877.435.24$3,708
Oct 2021070479.795.71$4,023
Sep 2021071969.865.35$3,847
Aug 2021075366.024.22$3,178
Jul 2021070970.783.98$2,823
Jun 2021068069.493.38$2,299
May 2021068263.483.02$2,058
Apr 2021044560.362.76$1,228
Mar 2021037861.302.72$1,027
Feb 2021035457.805.55$1,964
Jan 2021052250.412.81$1,467
Dec 2020055144.642.68$1,474
Nov 2020086838.772.71$2,349
Oct 2020064136.972.48$1,589
Sep 2020023137.091.99$460
Aug 20200039.982.39$0
Jul 202002438.371.83$44
Jun 2020030234.901.69$510
May 2020042116.921.81$764
Apr 2020043314.751.80$781
Mar 2020022530.341.86$418
Feb 2020028949.881.98$572
Jan 2020032957.252.09$689
Dec 2019030559.012.30$703
Nov 2019032355.302.75$888
Oct 2019032953.472.42$796
Sep 2019035055.052.66$930
Aug 2019038053.112.30$876
Jul 2019048956.272.46$1,203
Jun 2019038752.782.49$964
May 2019031358.482.74$858
Apr 2019027162.632.75$745
Mar 2019028056.803.06$857
Feb 2019025750.852.79$718
Jan 2019129046.033.23$982
Dec 2018030546.594.19$1,277
Nov 2018031152.934.24$1,318
Oct 2018016461.443.40$557
Sep 2018018059.543.11$559
Aug 2018038959.403.07$1,193
Jul 2018039765.142.93$1,164
Jun 2018042960.183.08$1,320
May 2018049965.382.90$1,448
Apr 2018059163.842.90$1,714
Mar 2018131861.222.79$947
Feb 2018025961.782.77$716
Jan 2018032262.874.01$1,291
Dec 2017033957.272.92$990
Nov 2017038155.423.12$1,188
Oct 2017054149.292.98$1,614
Sep 2017047647.523.09$1,470
Aug 2017032545.373.00$976
Jul 2017034143.873.09$1,053
Jun 2017038542.493.09$1,189
May 2017044745.373.26$1,459
Apr 2017043247.933.21$1,387
Mar 2017045246.772.98$1,349
Feb 2017043150.452.95$1,273
Jan 2017043049.413.42$1,470
Dec 2016044448.763.72$1,653
Nov 2016043542.492.64$1,150
Oct 2016050346.193.09$1,554
Sep 2016044441.553.10$1,377
Aug 2016050641.442.92$1,480
Jul 2016052441.622.92$1,532
Jun 2016050245.352.69$1,348
May 2016055642.521.99$1,107
Apr 2016050936.561.99$1,013
Mar 2016055833.011.79$1,001
Feb 2016053826.472.06$1,110
Jan 2016058927.352.36$1,393
Dec 2015058232.362.00$1,165
Nov 2015059738.792.17$1,294
Oct 2015062643.552.43$1,519
Sep 2015064642.992.76$1,782
Aug 2015061140.162.87$1,755
Jul 2015057348.152.95$1,688
Jun 2015071556.152.88$2,061
May 2015064955.212.96$1,918
Apr 2015011149.822.71$300
Mar 2015064742.892.93$1,899
Feb 2015058844.662.98$1,750
Jan 2015167143.433.10$2,124
Dec 2014063054.693.59$2,263
Nov 2014278670.464.25$3,483
Oct 2014053878.303.90$2,099
Sep 2014061986.164.05$2,504
Aug 2014065789.394.04$2,651
Jul 2014065696.564.18$2,742
Jun 2014063798.164.74$3,017
May 2014066594.734.73$3,143
Apr 2014064295.944.81$3,087
Mar 2014066795.895.06$3,373
Feb 2014063697.406.19$3,938
Jan 2014070690.404.86$3,432
Dec 2013081291.824.35$3,536
Nov 2013574088.853.74$3,211
Oct 2013083097.423.78$3,137
Sep 20130845104.113.72$3,141
Aug 20130893104.253.52$3,146
Jul 20130919102.523.72$3,417
Jun 2013090294.403.93$3,548
May 2013087394.834.15$3,622
Apr 2013091393.964.28$3,910
Mar 2013089593.623.91$3,502
Feb 2013076291.233.42$2,606
Jan 2013096991.603.42$3,314
Dec 2012067386.773.42$2,302
Nov 2012291886.953.62$3,502
Oct 2012096489.383.40$3,277
Sep 2012079694.672.92$2,323
Aug 2012095392.662.91$2,771
Jul 2012089285.133.02$2,695
Jun 2012087779.822.52$2,209
May 2012090291.612.49$2,244
Apr 201201,003101.652.00$2,003
Mar 20120507105.052.22$1,127
Feb 20120895101.102.57$2,300
Jan 2012099298.092.73$2,712
Dec 2011088396.873.24$2,861
Nov 2011088995.723.31$2,944
Oct 201101,33184.983.65$4,856
Sep 201101,10883.623.99$4,416
Aug 201109883.404.15$407
Jul 20110094.144.52$0
Jun 2011041892.904.64$1,939
May 2011071598.134.40$3,149
Apr 201101,022105.964.33$4,429
Mar 201101,09596.364.06$4,443
Feb 2011088785.644.18$3,708
Jan 201101,05286.504.59$4,827
Dec 201001,06085.734.35$4,609
Nov 201001,01580.843.80$3,852
Oct 201001,08378.103.51$3,800
Sep 201001,05872.633.98$4,210
Aug 201001,09573.684.42$4,839
Jul 201001,03872.554.74$4,916
Jun 201001,08870.364.91$5,343
May 201001,09771.124.24$4,646
Apr 201001,05981.694.12$4,366
Mar 201001,11478.394.39$4,889
Feb 201001,01373.585.44$5,513
Jan 201001,14574.365.96$6,829
Dec 200901,14271.445.48$6,262
Nov 200901,14574.593.75$4,295
Oct 200901,22372.544.11$5,027
Sep 200901,17865.543.06$3,610
Aug 200901,30567.423.22$4,200
Jul 200901,24361.133.46$4,306
Jun 200901,15266.163.90$4,487
May 200901,23254.743.93$4,837
Apr 200901,19546.773.59$4,287
Mar 200901,26242.144.06$5,122
Feb 200901,17632.814.63$5,448
Jan 200901,28435.865.37$6,896
Dec 200801,31437.105.98$7,854
Nov 200801,32655.496.86$9,097
Oct 200801,33375.246.92$9,227
Sep 200801,305101.767.88$10,280
Aug 200801,259114.228.48$10,680
Jul 200801,369131.0811.39$15,592
Jun 200801,374131.3313.03$17,907
May 200801,469123.1711.57$17,003
Apr 200801,463110.3110.45$15,295
Mar 200851,368101.909.66$13,730
Feb 200801,31692.538.77$11,542
Jan 200801,48190.388.21$12,153
Dec 200701,50288.337.30$10,968
Nov 200701,42991.677.29$10,420
Oct 200701,49382.856.92$10,335
Sep 200701,49375.846.24$9,323
Aug 200701,66669.066.39$10,642
Jul 200701,68070.906.39$10,732
Jun 200701,67662.007.55$12,651
May 2007401,69258.747.85$15,626
Apr 200701,67359.617.81$13,058
Mar 200701,65256.927.30$12,063
Feb 200701,55455.108.22$12,768
Jan 200701,90850.306.73$12,835
Dec 200601,88556.656.92$13,041
Nov 200601,88254.207.62$14,336
Oct 200601,99254.906.01$11,979
Sep 200601,94660.085.04$9,802
Aug 200602,06768.717.34$15,172
Jul 200602,17669.376.34$13,802
Jun 200602,14966.286.38$13,719
May 200602,14066.016.42$13,750
Apr 200602,12864.397.36$15,663
Mar 200602,19456.707.08$15,540
Feb 200602,05857.597.75$15,952
Jan 200602,34960.598.93$20,984
Dec 200502,54554.9413.42$34,142
Nov 200502,73154.6910.59$28,917
Oct 200502,94458.3413.80$40,615
Sep 200502,32261.4512.08$28,047
Aug 200502,48861.519.80$24,375
Jul 200502,61755.697.84$20,527
Jun 200502,54852.337.38$18,807
May 200502,57845.226.65$17,147
Apr 200502,54349.207.36$18,718
Mar 200502,73650.377.15$19,576
Feb 200502,71845.226.31$17,156
Jan 200502,62443.166.32$16,589
Dec 200402,60839.866.75$17,607
Nov 200402,76245.286.33$17,485
Oct 200402,96849.706.52$19,337
Sep 200402,83643.245.28$14,985
Aug 200402,68542.375.55$14,904
Jul 200402,84338.286.08$17,297
Jun 200402,63036.106.43$16,919
May 200403,09237.486.49$20,081
Apr 200402,32534.475.86$13,621
Mar 200402,65934.365.53$14,705
Feb 200402,55532.455.51$14,077
Jan 200402,99732.036.30$18,880
Dec 200303,19230.266.30$20,115
Nov 200303,32528.804.60$15,279
Oct 200303,70028.174.76$17,611
Sep 200303,93726.314.75$18,698
Aug 200304,39829.765.13$22,561
Jul 20031514,82729.415.17$29,401
Jun 200305,59428.565.98$33,469
May 200306,85626.595.97$40,949
Apr 200307,64526.675.41$41,339
Mar 200306,93531.146.10$42,276
Feb 200301,56633.487.93$12,412
Jan 200301,97730.315.58$11,036
Dec 200202,26526.914.85$10,994
Nov 200202,04124.664.14$8,444
Oct 200202,22926.464.23$9,427
Sep 200202,23727.443.64$8,132
Aug 200202,57425.963.16$8,145
Jul 200202,94524.583.06$9,017
Jun 200203,17123.733.34$10,586
May 200203,63424.663.58$13,024
Apr 200205,24423.653.51$18,419
Mar 20021847,66322.003.10$27,824
Feb 200209,65418.222.38$22,935
Jan 2002012,15617.172.38$28,879
Dec 200106,72916.932.36$15,910

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                  175 Mcf  × $  4.27 =       $747

────────────────────────────────────────────────────
Month total                                     $747

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/187407 is the state's own key, not one this site invented.