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 187850District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$901 k
Dec 2001 – Jan 2026
Value, last 12 filed months
$1 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 Gas112003-12-10153200
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
CondensateDisposition45 bbl$2,560
GasProduction179,596 Mcf$898,803
Total$901,363

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 28.0731, -99.8098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07306, -99.80985 · 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
5,800 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 5,800 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

42-47937986F 585,800 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 20250662.363.54$21
Mar 2025012967.704.27$551
Feb 2025015670.884.34$677
Jan 2025013274.324.28$565
Dec 2024015368.993.12$478
Nov 2024013469.052.20$295
Oct 2024013771.372.28$313
Sep 2024012769.612.36$300
Aug 202406675.632.06$136
Jul 202407379.932.15$157
Jun 2024014978.082.63$392
May 2024024978.812.20$547
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024015176.091.78$269
Jan 2024018873.023.30$620
Dec 2023019871.262.61$517
Nov 2023019977.892.81$559
Oct 2023021285.443.09$655
Sep 2023023489.042.74$640
Aug 2023022780.522.67$607
Jul 2023025974.852.64$684
Jun 2023024268.962.26$547
May 2023027170.622.23$604
Apr 2023025078.122.24$559
Mar 2023023672.852.39$565
Feb 2023024475.112.47$602
Jan 2023028876.533.39$976
Dec 2022029176.415.73$1,667
Nov 2022028685.005.65$1,615
Oct 2022030187.185.86$1,765
Sep 2022030584.888.16$2,490
Aug 2022028994.529.13$2,638
Jul 20220311101.587.54$2,346
Jun 20220307115.097.98$2,449
May 20220312109.378.43$2,631
Apr 20220312104.226.84$2,133
Mar 20220315108.885.08$1,599
Feb 2022025991.054.86$1,258
Jan 2022028381.844.54$1,284
Dec 2021032271.323.90$1,256
Nov 2021031277.435.24$1,634
Oct 2021032979.795.71$1,880
Sep 2021031269.865.35$1,669
Aug 2021034166.024.22$1,439
Jul 2021033770.783.98$1,342
Jun 2021031169.493.38$1,051
May 2021031863.483.02$960
Apr 2021023760.362.76$654
Mar 2021024361.302.72$660
Feb 2021022457.805.55$1,243
Jan 2021027950.412.81$784
Dec 2020026044.642.68$696
Nov 2020031438.772.71$850
Oct 2020021036.972.48$520
Sep 2020023337.091.99$464
Aug 2020019639.982.39$467
Jul 2020031038.371.83$566
Jun 2020030134.901.69$509
May 2020032216.921.81$584
Apr 2020034814.751.80$628
Mar 2020028330.341.86$525
Feb 2020036849.881.98$729
Jan 2020037857.252.09$792
Dec 2019034959.012.30$804
Nov 2019036155.302.75$993
Oct 2019039553.472.42$955
Sep 2019041355.052.66$1,097
Aug 2019036153.112.30$832
Jul 2019045456.272.46$1,117
Jun 2019043152.782.49$1,074
May 2019039158.482.74$1,071
Apr 2019031662.632.75$869
Mar 2019033556.803.06$1,026
Feb 2019034750.852.79$969
Jan 2019034046.033.23$1,098
Dec 2018028146.594.19$1,176
Nov 2018028652.934.24$1,212
Oct 2018014161.443.40$479
Sep 2018019859.543.11$615
Aug 2018026559.403.07$813
Jul 2018024965.142.93$730
Jun 2018022160.183.08$680
May 2018025265.382.90$731
Apr 2018027963.842.90$809
Mar 2018029061.222.79$808
Feb 2018025661.782.77$708
Jan 2018023162.874.01$926
Dec 2017028957.272.92$844
Nov 2017032755.423.12$1,020
Oct 2017028549.292.98$850
Sep 2017033847.523.09$1,044
Aug 2017030345.373.00$910
Jul 2017020043.873.09$617
Jun 2017037142.493.09$1,145
May 2017039645.373.26$1,292
Apr 2017027947.933.21$896
Mar 2017019346.772.98$576
Feb 2017033250.452.95$980
Jan 2017028949.413.42$988
Dec 2016034148.763.72$1,269
Nov 2016034742.492.64$918
Oct 2016038046.193.09$1,174
Sep 2016028241.553.10$874
Aug 2016029441.442.92$860
Jul 2016132341.622.92$986
Jun 2016033645.352.69$902
May 2016030242.521.99$601
Apr 2016033636.561.99$669
Mar 2016035233.011.79$631
Feb 2016032626.472.06$673
Jan 2016034027.352.36$804
Dec 2015040032.362.00$801
Nov 2015036938.792.17$800
Oct 2015039043.552.43$946
Sep 2015039342.992.76$1,084
Aug 2015040140.162.87$1,152
Jul 2015038648.152.95$1,137
Jun 2015045656.152.88$1,315
May 2015050755.212.96$1,498
Apr 201507049.822.71$189
Mar 2015042642.892.93$1,250
Feb 2015040444.662.98$1,202
Jan 2015045143.433.10$1,398
Dec 2014541654.693.59$1,767
Nov 2014248770.464.25$2,212
Oct 2014038778.303.90$1,510
Sep 2014147586.164.05$2,008
Aug 2014049889.394.04$2,009
Jul 2014044296.564.18$1,847
Jun 2014041298.164.74$1,952
May 2014043894.734.73$2,070
Apr 2014047395.944.81$2,275
Mar 2014048995.895.06$2,473
Feb 2014043097.406.19$2,663
Jan 2014047590.404.86$2,309
Dec 2013046091.824.35$2,003
Nov 2013146888.853.74$1,838
Oct 2013048597.423.78$1,833
Sep 20130506104.113.72$1,881
Aug 20130526104.253.52$1,853
Jul 20130523102.523.72$1,944
Jun 2013049594.403.93$1,947
May 2013036894.834.15$1,527
Apr 2013043393.964.28$1,854
Mar 2013052193.623.91$2,039
Feb 2013043791.233.42$1,495
Jan 2013046991.603.42$1,604
Dec 2012042086.773.42$1,436
Nov 2012050586.953.62$1,831
Oct 2012051389.383.40$1,744
Sep 2012039694.672.92$1,156
Aug 2012044592.662.91$1,294
Jul 2012044285.133.02$1,335
Jun 2012046779.822.52$1,176
May 2012053991.612.49$1,341
Apr 20120565101.652.00$1,128
Mar 20120329105.052.22$731
Feb 20120517101.102.57$1,329
Jan 2012051898.092.73$1,416
Dec 2011044696.873.24$1,445
Nov 2011051395.723.31$1,699
Oct 2011061984.983.65$2,258
Sep 2011065083.623.99$2,591
Aug 2011053883.404.15$2,232
Jul 20110094.144.52$0
Jun 2011031492.904.64$1,457
May 2011040598.134.40$1,784
Apr 20110596105.964.33$2,583
Mar 2011063396.364.06$2,568
Feb 2011052285.644.18$2,182
Jan 2011060386.504.59$2,767
Dec 2010062885.734.35$2,730
Nov 2010062680.843.80$2,376
Oct 2010063978.103.51$2,242
Sep 2010063172.633.98$2,511
Aug 2010066973.684.42$2,957
Jul 2010059272.554.74$2,804
Jun 2010063770.364.91$3,128
May 2010064071.124.24$2,711
Apr 2010062681.694.12$2,581
Mar 2010064778.394.39$2,839
Feb 2010059873.585.44$3,255
Jan 2010059374.365.96$3,537
Dec 2009066571.445.48$3,647
Nov 2009062274.593.75$2,333
Oct 2009067672.544.11$2,779
Sep 2009061965.543.06$1,897
Aug 2009068867.423.22$2,214
Jul 2009070361.133.46$2,436
Jun 2009068466.163.90$2,664
May 2009072254.743.93$2,834
Apr 2009069046.773.59$2,475
Mar 2009072242.144.06$2,931
Feb 2009064832.814.63$3,002
Jan 2009073535.865.37$3,948
Dec 2008072937.105.98$4,357
Nov 2008072055.496.86$4,939
Oct 2008074275.246.92$5,136
Sep 20080713101.767.88$5,616
Aug 20080751114.228.48$6,371
Jul 20080764131.0811.39$8,702
Jun 20080731131.3313.03$9,527
May 20080768123.1711.57$8,889
Apr 20080755110.3110.45$7,893
Mar 20080755101.909.66$7,296
Feb 2008073192.538.77$6,411
Jan 2008075590.388.21$6,195
Dec 2007078688.337.30$5,739
Nov 2007078991.677.29$5,753
Oct 2007082382.856.92$5,697
Sep 2007079975.846.24$4,989
Aug 2007081169.066.39$5,181
Jul 2007075570.906.39$4,823
Jun 2007075262.007.55$5,676
May 2007077958.747.85$6,112
Apr 2007078059.617.81$6,088
Mar 2007088856.927.30$6,484
Feb 20073577355.108.22$8,279
Jan 2007085350.306.73$5,738
Dec 2006086456.656.92$5,978
Nov 2006086354.207.62$6,574
Oct 2006088354.906.01$5,310
Sep 2006090660.085.04$4,564
Aug 2006089668.717.34$6,577
Jul 2006093869.376.34$5,950
Jun 2006092866.286.38$5,924
May 2006095166.016.42$6,110
Apr 2006093464.397.36$6,875
Mar 2006097156.707.08$6,878
Feb 2006087857.597.75$6,805
Jan 2006097460.598.93$8,701
Dec 2005098154.9413.42$13,161
Nov 2005097554.6910.59$10,324
Oct 200501,00858.3413.80$13,906
Sep 200501,00461.4512.08$12,127
Aug 200501,06661.519.80$10,443
Jul 200501,03955.697.84$8,150
Jun 2005099952.337.38$7,374
May 200501,05645.226.65$7,024
Apr 200501,04149.207.36$7,662
Mar 200501,08950.377.15$7,792
Feb 2005099145.226.31$6,255
Jan 200501,10543.166.32$6,986
Dec 200401,12639.866.75$7,602
Nov 200401,04645.286.33$6,622
Oct 200401,15649.706.52$7,531
Sep 200401,10043.245.28$5,812
Aug 200401,16842.375.55$6,483
Jul 200401,19138.286.08$7,246
Jun 200401,18836.106.43$7,642
May 200401,23137.486.49$7,995
Apr 200401,25034.475.86$7,323
Mar 200401,31134.365.53$7,250
Feb 200401,24732.455.51$6,871
Jan 200401,36332.036.30$8,586
Dec 200301,39530.266.30$8,791
Nov 200301,36028.804.60$6,249
Oct 200301,42528.174.76$6,782
Sep 200301,38226.314.75$6,564
Aug 200301,48829.765.13$7,633
Jul 200301,51229.415.17$7,818
Jun 200301,49728.565.98$8,956
May 200301,58626.595.97$9,473
Apr 200301,57426.675.41$8,511
Mar 200301,59831.146.10$9,741
Feb 200301,51733.487.93$12,024
Jan 200301,74330.315.58$9,730
Dec 200201,83326.914.85$8,897
Nov 200201,82624.664.14$7,554
Oct 200201,92326.464.23$8,133
Sep 200201,97327.443.64$7,172
Aug 200202,17325.963.16$6,876
Jul 200202,24524.583.06$6,874
Jun 200202,43023.733.34$8,112
May 200202,72724.663.58$9,774
Apr 200203,04623.653.51$10,699
Mar 200204,06422.003.10$12,609
Feb 200205,06318.222.38$12,028
Jan 200202,66417.172.38$6,329
Dec 20010016.932.36$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.

Apr 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                    6 Mcf  × $  3.54 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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/187850 is the state's own key, not one this site invented.