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 205629District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$875 k
Jul 2004 – Apr 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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 Gas112005-08-16161863
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
CondensateDisposition12 bbl$1,196
GasProduction138,930 Mcf$873,557
Total$874,753

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 28.0812, -99.8222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08124, -99.82223 · 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
6,100 ft
1 wells filed one
Completion to plug
21.3 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 6,100 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Nov 2025
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938783F 366,100 ftJul 2004Nov 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 (262)

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

262 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 20250967.704.27$38
Feb 20250070.884.34$0
Jan 20250774.324.28$30
Dec 20240068.993.12$0
Nov 202401469.052.20$31
Oct 20240671.372.28$14
Sep 202401269.612.36$28
Aug 20240075.632.06$0
Jul 202403079.932.15$64
Jun 20240078.082.63$0
May 202403678.812.20$79
Apr 20240584.451.66$8
Mar 20240080.301.55$0
Feb 202401276.091.78$21
Jan 202401873.023.30$59
Dec 202302071.262.61$52
Nov 202302277.892.81$62
Oct 202302885.443.09$86
Sep 202301589.042.74$41
Aug 20230780.522.67$19
Jul 202301674.852.64$42
Jun 202301068.962.26$23
May 20230870.622.23$18
Apr 202301378.122.24$29
Mar 202302072.852.39$48
Feb 202302275.112.47$54
Jan 202302376.533.39$78
Dec 202202276.415.73$126
Nov 202203585.005.65$198
Oct 202202487.185.86$141
Sep 202203384.888.16$269
Aug 202202194.529.13$192
Jul 2022017101.587.54$128
Jun 2022016115.097.98$128
May 202209109.378.43$76
Apr 2022012104.226.84$82
Mar 2022012108.885.08$61
Feb 20220891.054.86$39
Jan 202201081.844.54$45
Dec 202101371.323.90$51
Nov 202101477.435.24$73
Oct 20210979.795.71$51
Sep 20210069.865.35$0
Aug 202101366.024.22$55
Jul 2021035170.783.98$1,398
Jun 2021036369.493.38$1,227
May 2021025863.483.02$779
Apr 2021020860.362.76$574
Mar 2021027261.302.72$739
Feb 202105257.805.55$288
Jan 202106050.412.81$169
Dec 2020012344.642.68$329
Nov 2020017038.772.71$460
Oct 202006336.972.48$156
Sep 20200037.091.99$0
Aug 202003139.982.39$74
Jul 202003138.371.83$57
Jun 202001134.901.69$19
May 202006016.921.81$109
Apr 202006514.751.80$117
Mar 202008330.341.86$154
Feb 202008549.881.98$168
Jan 202009457.252.09$197
Dec 201909359.012.30$214
Nov 201909855.302.75$270
Oct 201908253.472.42$198
Sep 201908355.052.66$221
Aug 201908353.112.30$191
Jul 201906556.272.46$160
Jun 201907152.782.49$177
May 2019011158.482.74$304
Apr 201906362.632.75$173
Mar 201906456.803.06$196
Feb 201908150.852.79$226
Jan 201908646.033.23$278
Dec 201806246.594.19$260
Nov 201808652.934.24$364
Oct 20180061.443.40$0
Sep 201804959.543.11$152
Aug 201806959.403.07$212
Jul 201806565.142.93$191
Jun 201809360.183.08$286
May 201805665.382.90$162
Apr 201807263.842.90$209
Mar 201803861.222.79$106
Feb 201803161.782.77$86
Jan 201806062.874.01$241
Dec 2017021157.272.92$616
Nov 2017015655.423.12$486
Oct 2017014349.292.98$427
Sep 2017020847.523.09$642
Aug 2017019345.373.00$580
Jul 2017017043.873.09$525
Jun 2017015942.493.09$491
May 2017019145.373.26$623
Apr 2017017547.933.21$562
Mar 2017017246.772.98$513
Feb 2017015950.452.95$469
Jan 2017015049.413.42$513
Dec 2016016748.763.72$622
Nov 2016015242.492.64$402
Oct 2016033646.193.09$1,038
Sep 2016035141.553.10$1,088
Aug 2016033741.442.92$986
Jul 2016034441.622.92$1,006
Jun 2016025545.352.69$685
May 201605342.521.99$106
Apr 201604836.561.99$96
Mar 2016012833.011.79$230
Feb 201604026.472.06$83
Jan 201604427.352.36$104
Dec 201509732.362.00$194
Nov 2015010338.792.17$223
Oct 2015010643.552.43$257
Sep 201509142.992.76$251
Aug 2015015340.162.87$439
Jul 2015014248.152.95$418
Jun 2015022556.152.88$649
May 2015020355.212.96$600
Apr 2015027949.822.71$755
Mar 2015029942.892.93$877
Feb 2015017144.662.98$509
Jan 2015036843.433.10$1,141
Dec 2014033454.693.59$1,200
Nov 2014020870.464.25$884
Oct 2014036178.303.90$1,408
Sep 2014036986.164.05$1,493
Aug 2014037789.394.04$1,521
Jul 2014045396.564.18$1,893
Jun 2014038098.164.74$1,800
May 2014037994.734.73$1,791
Apr 2014034995.944.81$1,678
Mar 2014035695.895.06$1,800
Feb 2014035897.406.19$2,217
Jan 2014038690.404.86$1,876
Dec 2013044291.824.35$1,925
Nov 2013040688.853.74$1,518
Oct 2013044397.423.78$1,674
Sep 20130477104.113.72$1,773
Aug 20130507104.253.52$1,786
Jul 20130527102.523.72$1,959
Jun 2013049894.403.93$1,959
May 2013043994.834.15$1,821
Apr 2013043993.964.28$1,880
Mar 2013043393.623.91$1,694
Feb 2013043191.233.42$1,474
Jan 2013051391.603.42$1,754
Dec 2012039586.773.42$1,351
Nov 2012045886.953.62$1,660
Oct 2012040189.383.40$1,363
Sep 2012023694.672.92$689
Aug 2012032892.662.91$954
Jul 2012027085.133.02$816
Jun 2012028279.822.52$710
May 2012038691.612.49$960
Apr 20120514101.652.00$1,026
Mar 20120260105.052.22$578
Feb 20120476101.102.57$1,223
Jan 2012730998.092.73$1,531
Dec 2011042096.873.24$1,361
Nov 2011053295.723.31$1,762
Oct 2011059684.983.65$2,175
Sep 2011054883.623.99$2,184
Aug 2011035183.404.15$1,456
Jul 20110094.144.52$0
Jun 2011023592.904.64$1,090
May 2011029698.134.40$1,304
Apr 20110527105.964.33$2,284
Mar 2011051096.364.06$2,069
Feb 2011039485.644.18$1,647
Jan 2011054486.504.59$2,496
Dec 2010055385.734.35$2,404
Nov 2010054880.843.80$2,080
Oct 2010055178.103.51$1,933
Sep 2010048472.633.98$1,926
Aug 2010053873.684.42$2,378
Jul 2010052272.554.74$2,472
Jun 2010052170.364.91$2,558
May 2010061971.124.24$2,622
Apr 2010057481.694.12$2,366
Mar 2010058878.394.39$2,581
Feb 201002,83173.585.44$15,407
Jan 2010062074.365.96$3,698
Dec 2009063271.445.48$3,466
Nov 2009058774.593.75$2,202
Oct 2009065772.544.11$2,700
Sep 2009066265.543.06$2,029
Aug 2009069467.423.22$2,234
Jul 2009073561.133.46$2,546
Jun 2009071066.163.90$2,765
May 2009076354.743.93$2,995
Apr 2009078246.773.59$2,805
Mar 2009084942.144.06$3,446
Feb 2009080632.814.63$3,734
Jan 2009087335.865.37$4,689
Dec 2008091037.105.98$5,439
Nov 2008083555.496.86$5,728
Oct 2008089775.246.92$6,209
Sep 20080912101.767.88$7,184
Aug 20080949114.228.48$8,050
Jul 20080975131.0811.39$11,105
Jun 20080956131.3313.03$12,459
May 20080993123.1711.57$11,493
Apr 20080927110.3110.45$9,692
Mar 20085890101.909.66$9,111
Feb 2008086792.538.77$7,604
Jan 200801,49890.388.21$12,292
Dec 200701,59788.337.30$11,661
Nov 200701,68791.677.29$12,301
Oct 200701,75782.856.92$12,162
Sep 200701,77775.846.24$11,096
Aug 200702,00269.066.39$12,789
Jul 200702,05370.906.39$13,114
Jun 200701,96062.007.55$14,795
May 200702,09158.747.85$16,407
Apr 200701,97959.617.81$15,446
Mar 200702,09556.927.30$15,298
Feb 200701,91755.108.22$15,750
Jan 200702,15750.306.73$14,510
Dec 200601,30756.656.92$9,042
Nov 200601,28654.207.62$9,796
Oct 200601,32054.906.01$7,938
Sep 200601,36360.085.04$6,866
Aug 200601,36868.717.34$10,041
Jul 200601,41269.376.34$8,956
Jun 200601,38066.286.38$8,810
May 200601,44866.016.42$9,303
Apr 200601,34464.397.36$9,892
Mar 200601,48856.707.08$10,539
Feb 200601,35557.597.75$10,503
Jan 200601,54060.598.93$13,757
Dec 200501,52354.9413.42$20,432
Nov 200501,64554.6910.59$17,418
Oct 200501,58858.3413.80$21,908
Sep 200501,64861.4512.08$19,906
Aug 200501,77361.519.80$17,370
Jul 200501,86255.697.84$14,605
Jun 200501,88052.337.38$13,876
May 200501,67445.226.65$11,134
Apr 200501,82149.207.36$13,403
Mar 200502,12650.377.15$15,211
Feb 200502,03245.226.31$12,826
Jan 200502,51243.166.32$15,881
Dec 200402,87639.866.75$19,416
Nov 200403,50745.286.33$22,201
Oct 200405,41749.706.52$35,292
Sep 200403,81443.245.28$20,153
Aug 200404442.375.55$244
Jul 200401,82338.286.08$11,091

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                    9 Mcf  × $  4.27 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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/205629 is the state's own key, not one this site invented.