PALAFOX 1335

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 274257District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Oct 2012 – May 2026
Value, last 12 filed months
$746
at the published price for each month
Months reported
164
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112015-12-10217613
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
CondensateDisposition4,408 bbl$342,037
GasProduction794,337 Mcf$2,883,488
Total$3,225,525

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 27.7981, -99.7929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79810, -99.79294 · 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
4,202 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 4,202 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-4794195057H4,202 ftAug 2012

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 (164)

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

164 months

May 202600106.413.05$0
Apr 202605198.932.87$146
Mar 20260089.753.15$0
Feb 20260663.503.75$23
Jan 20260559.138.00$40
Dec 2025011056.664.41$485
Nov 20250558.593.93$20
Oct 20250059.383.30$0
Sep 20250562.743.08$15
Aug 20250063.933.01$0
Jul 20250566.743.32$17
Jun 20250066.483.13$0
May 202501060.553.23$32
Apr 20250062.363.54$0
Mar 20250567.704.27$21
Feb 20250070.884.34$0
Jan 20250574.324.28$21
Dec 20240568.993.12$16
Nov 20240569.052.20$11
Oct 20240071.372.28$0
Sep 20240569.612.36$12
Aug 20240075.632.06$0
Jul 20240579.932.15$11
Jun 20240078.082.63$0
May 20240778.812.20$15
Apr 20240084.451.66$0
Mar 202401280.301.55$19
Feb 20240576.091.78$9
Jan 20240673.023.30$20
Dec 20230671.262.61$16
Nov 20230877.892.81$22
Oct 20230785.443.09$22
Sep 20230789.042.74$19
Aug 20230580.522.67$13
Jul 202301374.852.64$34
Jun 202301768.962.26$38
May 202303270.622.23$71
Apr 202304078.122.24$90
Mar 2023012972.852.39$309
Feb 202302475.112.47$59
Jan 202302776.533.39$91
Dec 202206676.415.73$378
Nov 2022013885.005.65$779
Oct 202203787.185.86$217
Sep 202201384.888.16$106
Aug 202201394.529.13$119
Jul 2022015101.587.54$113
Jun 2022010115.097.98$80
May 2022072109.378.43$607
Apr 2022096104.226.84$656
Mar 2022093108.885.08$472
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202010014.751.80$148
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190155.302.75$3
Oct 201939253.472.42$2,090
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190656.272.46$15
Jun 20190152.782.49$2
May 20190258.482.74$5
Apr 20190862.632.75$22
Mar 201902056.803.06$61
Feb 2019491350.852.79$2,528
Jan 201911546.033.23$94
Dec 20182246.594.19$102
Nov 20181152.934.24$57
Oct 20181161.443.40$65
Sep 20181959.543.11$88
Aug 20180459.403.07$12
Jul 20181165.142.93$68
Jun 2018523160.183.08$1,012
May 2018492,95665.382.90$11,778
Apr 201883,54563.842.90$10,794
Mar 201853,47061.222.79$9,976
Feb 201813,46761.782.77$9,652
Jan 2018532,02862.874.01$11,463
Dec 2017323,67557.272.92$12,569
Nov 201753,69955.423.12$11,812
Oct 201773,03649.292.98$9,403
Sep 2017203,79947.523.09$12,679
Aug 201774,39845.373.00$13,531
Jul 2017184,32043.873.09$14,127
Jun 2017144,57542.493.09$14,719
May 2017304,25545.373.26$15,247
Apr 201764,05447.933.21$13,307
Mar 2017485,50646.772.98$18,673
Feb 2017244,85150.452.95$15,534
Jan 201714,54449.413.42$15,584
Dec 2016133748.763.72$1,303
Nov 20163342.492.64$135
Oct 2016316046.193.09$633
Sep 201624,43441.553.10$13,831
Aug 2016105,35741.442.92$16,080
Jul 2016185,85041.622.92$17,857
Jun 201624,14945.352.69$11,234
May 2016381,07242.521.99$3,750
Apr 201636,16536.561.99$12,384
Mar 2016356,59833.011.79$12,992
Feb 2016466,06526.472.06$13,734
Jan 2016526,91627.352.36$17,774
Dec 2015397,19332.362.00$15,658
Nov 2015284,78038.792.17$11,446
Oct 2015636,38743.552.43$18,242
Sep 2015897,82642.992.76$25,414
Aug 2015628,17640.162.87$25,975
Jul 2015818,21148.152.95$28,082
Jun 2015427,81256.152.88$24,879
May 2015608,59155.212.96$28,703
Apr 2015648,37549.822.71$25,856
Mar 20151129,54342.892.93$32,810
Feb 2015508,64444.662.98$27,959
Jan 201529,50443.433.10$29,555
Dec 201438,17454.693.59$29,520
Nov 201449,87370.464.25$42,260
Oct 2014411,55278.303.90$45,377
Sep 2014215,88986.164.05$64,450
Aug 2014418,02189.394.04$73,074
Jul 2014045996.564.18$1,918
Jun 20140098.164.74$0
May 2014033494.734.73$1,579
Apr 20144214,75495.944.81$74,983
Mar 20146816,94795.895.06$92,218
Feb 201437415,94297.406.19$135,140
Jan 201471521,47990.404.86$169,039
Dec 201337224,56591.824.35$141,125
Nov 201314326,50288.853.74$111,777
Oct 2013127,15197.423.78$102,711
Sep 2013021,801104.113.72$81,050
Aug 20134033,131104.253.52$120,878
Jul 20134316,294102.523.72$64,985
Jun 20134523,55094.403.93$96,880
May 20138826,23694.834.15$117,200
Apr 20138627,08093.964.28$124,053
Mar 20134430,40093.623.91$123,071
Feb 201315128,91091.233.42$112,645
Jan 201317949,49591.603.42$185,665
Dec 201221154,70386.773.42$205,401
Nov 201244655,46786.953.62$239,845
Oct 201205,86089.383.40$19,922

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   51 Mcf  × $  2.87 =       $146

────────────────────────────────────────────────────
Month total                                     $146

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/274257 is the state's own key, not one this site invented.