PALAFOX '21'

Operated by MARWELL PETROLEUM LTD PARTNRSHIP (P-5 531085) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86324District 04Field 52211060NGPA filingCondensateGasSaveExport
Value, all time
$229 k
Jan 1993 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
274
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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
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
CondensateDisposition36 bbl$883
GasProduction61,810 Mcf$228,508
Total$229,391

21,786 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.8499, -99.7908. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.84995, -99.79083 · 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
6,700 ft
1 wells filed one
Completion to plug
35.8 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 6,700 ft.

Completions filed
Jan 1980
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793204016,700 ftJan 1980Oct 2015Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201106792.904.64$311
May 2011037298.134.40$1,639
Apr 20110371105.964.33$1,608
Mar 2011055096.364.06$2,232
Feb 2011051185.644.18$2,136
Jan 2011057686.504.59$2,643
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100278.103.51$7
Sep 201001172.633.98$44
Aug 2010025173.684.42$1,109
Jul 2010027972.554.74$1,321
Jun 2010029870.364.91$1,463
May 2010031071.124.24$1,313
Apr 2010029181.694.12$1,200
Mar 2010033878.394.39$1,483
Feb 2010026373.585.44$1,431
Jan 2010030274.365.96$1,801
Dec 2009032471.445.48$1,777
Nov 2009029774.593.75$1,114
Oct 2009033272.544.11$1,365
Sep 2009031065.543.06$950
Aug 2009032767.423.22$1,052
Jul 2009034361.133.46$1,188
Jun 2009041066.163.90$1,597
May 2009039254.743.93$1,539
Apr 2009028746.773.59$1,030
Mar 2009022842.144.06$925
Feb 2009024432.814.63$1,130
Jan 2009047635.865.37$2,557
Dec 2008082337.105.98$4,919
Nov 2008080055.496.86$5,488
Oct 2008044575.246.92$3,080
Sep 20080931101.767.88$7,334
Aug 20080448114.228.48$3,800
Jul 20080390131.0811.39$4,442
Jun 20080403131.3313.03$5,252
May 20080435123.1711.57$5,035
Apr 20080352110.3110.45$3,680
Mar 20080369101.909.66$3,566
Feb 2008029492.538.77$2,579
Jan 2008039190.388.21$3,208
Dec 2007034688.337.30$2,526
Nov 2007035891.677.29$2,610
Oct 2007039782.856.92$2,748
Sep 2007019175.846.24$1,193
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007011762.007.55$883
May 2007020158.747.85$1,577
Apr 2007019859.617.81$1,545
Mar 2007028956.927.30$2,110
Feb 2007018755.108.22$1,536
Jan 2007023050.306.73$1,547
Dec 2006023956.656.92$1,654
Nov 2006012554.207.62$952
Oct 2006017054.906.01$1,022
Sep 2006017860.085.04$897
Aug 2006024068.717.34$1,762
Jul 2006022969.376.34$1,452
Jun 2006023166.286.38$1,475
May 2006018466.016.42$1,182
Apr 2006020764.397.36$1,524
Mar 2006020456.707.08$1,445
Feb 2006020557.597.75$1,589
Jan 2006016760.598.93$1,492
Dec 2005015054.9413.42$2,012
Nov 2005013054.6910.59$1,376
Oct 200508558.3413.80$1,173
Sep 2005013161.4512.08$1,582
Aug 2005013461.519.80$1,313
Jul 2005022655.697.84$1,773
Jun 2005013852.337.38$1,019
May 2005015245.226.65$1,011
Apr 2005018049.207.36$1,325
Mar 2005016050.377.15$1,145
Feb 2005016045.226.31$1,010
Jan 2005015043.166.32$948
Dec 2004019039.866.75$1,283
Nov 2004012045.286.33$760
Oct 2004024049.706.52$1,564
Sep 2004018543.245.28$978
Aug 2004025042.375.55$1,388
Jul 2004028038.286.08$1,704
Jun 2004024536.106.43$1,576
May 2004023537.486.49$1,526
Apr 2004012634.475.86$738
Mar 2004017634.365.53$973
Feb 2004016532.455.51$909
Jan 2004014532.036.30$913
Dec 2003015730.266.30$989
Nov 2003015928.804.60$731
Oct 2003013628.174.76$647
Sep 2003020726.314.75$983
Aug 2003019929.765.13$1,021
Jul 2003014829.415.17$765
Jun 2003020628.565.98$1,232
May 2003019126.595.97$1,141
Apr 2003022226.675.41$1,200
Mar 2003024631.146.10$1,500
Feb 2003023133.487.93$1,831
Jan 2003024730.315.58$1,379
Dec 2002026726.914.85$1,296
Nov 2002026524.664.14$1,096
Oct 2002029426.464.23$1,243
Sep 2002031427.443.64$1,141
Aug 2002039925.963.16$1,263
Jul 2002027524.583.06$842
Jun 2002029323.733.34$978
May 2002028924.663.58$1,036
Apr 2002033423.653.51$1,173
Mar 2002036622.003.10$1,136
Feb 2002038318.222.38$910
Jan 2002038217.172.38$908
Dec 2001035116.932.36$830
Nov 2001035618.072.41$856
Oct 2001027419.782.53$693
Sep 2001034924.262.25$786
Aug 2001040324.873.05$1,230
Jul 2001044423.933.20$1,420
Jun 2001026524.563.82$1,013
May 2001036525.524.31$1,572
Apr 2001057524.685.34$3,068
Mar 20013658924.545.38$4,050
Feb 2001058627.755.77$3,380
Jan 2001069527.478.40$5,837
Dec 2000096226.889.12$8,776
Nov 200001,11532.215.66$6,309
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200001,05628.534.09$4,319
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970218.972.31$5
Apr 1997038817.882.08$808
Mar 1997041118.951.94$797
Feb 1997036220.492.21$799
Jan 1997037723.483.54$1,334
Dec 1996037423.32$0
Nov 1996039221.97$0
Oct 1996040023.31$0
Sep 1996040522.22$0
Aug 1996041120.26$0
Jul 1996049419.55$0
Jun 1996038918.73$0
May 1996040619.43$0
Apr 1996036721.51$0
Mar 1996037019.38$0
Feb 1996034716.98$0
Jan 1996037817.07$0
Dec 1995041117.19$0
Nov 1995039516.00$0
Oct 1995039515.43$0
Sep 1995038016.18$0
Aug 1995043115.92$0
Jul 1995044215.24$0
Jun 1995044616.41$0
May 1995046317.56$0
Apr 1995042717.73$0
Mar 1995043116.44$0
Feb 1995042216.58$0
Jan 1995044215.92$0
Dec 1994044415.03$0
Nov 1994050215.90$0
Oct 1994048615.58$0
Sep 1994046315.29$0
Aug 1994050016.13$0
Jul 1994050517.56$0
Jun 1994053617.09$0
May 1994048615.88$0
Apr 1994047514.14$0
Mar 1994050312.46$0
Feb 1994046912.50$0
Jan 1994051412.66$0
Dec 1993054812.33$0
Nov 1993050814.49$0
Oct 1993051415.85$0
Sep 1993047615.03$0
Aug 1993056415.66$0
Jul 1993056015.46$0
Jun 1993049616.79$0
May 1993061017.68$0
Apr 1993047718.05$0
Mar 1993046918.14$0
Feb 1993041717.90$0
Jan 1993044616.93$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.

Jun 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.90 =         $0
Gas                   67 Mcf  × $  4.64 =       $311

────────────────────────────────────────────────────
Month total                                     $311

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/86324 is the state's own key, not one this site invented.