PALM UNIT

Operated by APACHE CORPORATION (P-5 27200) in the ALPINE HIGH (CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 285156District 08Field 019425002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
May 2018 – May 2026
Value, last 12 filed months
$554 k
at the published price for each month
Months reported
97
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 258 leases and 258 wells, and the rule below applies to all of them.

Discovered
2016-06-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-06-04.

The Commission's schedule remark for this field reads: REQUIREMENTS OF COMMISSION PROCEDURES.

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 Gas112020-01-13223697
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
CondensateDisposition44 bbl$3,601
GasProduction3,831,090 Mcf$12,686,386
Total$12,689,987

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 31.2975, -103.8279. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.29745, -103.82786 · 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
11,364 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 11,364 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-38936660102BH11,364 ftMay 2018

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 (97)

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

97 months

May 202600106.413.05$0
Apr 202606198.932.87$175
Mar 20260189.753.15$3
Feb 202605,09163.503.75$19,093
Jan 202609,44959.138.00$75,572
Dec 202505,55256.664.41$24,503
Nov 202503,36458.593.93$13,209
Oct 202501,67859.383.30$5,546
Sep 2025019,85262.743.08$61,083
Aug 2025037,91563.933.01$114,305
Jul 2025034,84366.743.32$115,512
Jun 2025039,95466.483.13$125,005
May 2025032,46860.553.23$104,947
Apr 2025033,41362.363.54$118,386
Mar 2025035,93567.704.27$153,382
Feb 2025037,70770.884.34$163,680
Jan 2025012,59374.324.28$53,881
Dec 202403,12968.993.12$9,767
Nov 2024047869.052.20$1,051
Oct 202407,23371.372.28$16,501
Sep 2024090769.612.36$2,144
Aug 2024034975.632.06$720
Jul 202401,57579.932.15$3,381
Jun 2024019,52578.082.63$51,428
May 202402378.812.20$51
Apr 20240084.451.66$0
Mar 202401,26180.301.55$1,948
Feb 2024023,61876.091.78$42,126
Jan 2024038,17973.023.30$125,901
Dec 2023034,61671.262.61$90,373
Nov 2023027,38677.892.81$76,888
Oct 2023037,93285.443.09$117,107
Sep 2023030,06289.042.74$82,221
Aug 2023042,91780.522.67$114,712
Jul 2023041,83474.852.64$110,517
Jun 2023042,36668.962.26$95,683
May 2023042,97770.622.23$95,727
Apr 2023049,03978.122.24$109,738
Mar 2023057,17772.852.39$136,834
Feb 2023053,62175.112.47$132,212
Jan 2023054,56276.533.39$184,841
Dec 2022069,99576.415.73$401,007
Nov 2022074,70285.005.65$421,782
Oct 202204,36587.185.86$25,595
Sep 20220084.888.16$0
Aug 202201,56394.529.13$14,266
Jul 2022016,334101.587.54$123,192
Jun 2022025,001115.097.98$199,438
May 2022034,871109.378.43$294,069
Apr 2022045,273104.226.84$309,559
Mar 2022046,001108.885.08$233,519
Feb 2022038,01491.054.86$184,704
Jan 2022443,13681.844.54$17,831
Dec 202105,16771.323.90$20,147
Nov 2021010,72277.435.24$56,150
Oct 2021017,28479.795.71$98,759
Sep 2021017,27869.865.35$92,453
Aug 2021018,63766.024.22$78,659
Jul 2021021,82470.783.98$86,905
Jun 2021022,79869.493.38$77,071
May 2021025,82363.483.02$77,925
Apr 2021026,47560.362.76$73,029
Mar 2021024,80361.302.72$67,388
Feb 2021017,81957.805.55$98,859
Jan 2021027,93450.412.81$78,502
Dec 2020027,98944.642.68$74,883
Nov 2020027,59738.772.71$74,693
Oct 2020032,68636.972.48$81,010
Sep 2020032,12037.091.99$63,952
Aug 2020031,98639.982.39$76,290
Jul 2020033,07338.371.83$60,362
Jun 2020032,98734.901.69$55,758
May 2020026,78216.921.81$48,603
Apr 2020037,66014.751.80$67,953
Mar 2020012530.341.86$232
Feb 2020040,13149.881.98$79,486
Jan 2020043,55857.252.09$91,243
Dec 2019045,19059.012.30$104,134
Nov 2019044,75055.302.75$123,094
Oct 2019048,00853.472.42$116,109
Sep 2019049,28155.052.66$130,953
Aug 2019053,67553.112.30$123,687
Jul 2019057,68356.272.46$141,904
Jun 2019058,44252.782.49$145,591
May 2019045,47758.482.74$124,622
Apr 2019072,61162.632.75$199,731
Mar 2019078,42256.803.06$240,136
Feb 2019070,41850.852.79$196,623
Jan 2019089,29046.033.23$288,244
Dec 20180110,19646.594.19$461,219
Nov 20180146,28752.934.24$619,853
Oct 20180138,47961.443.40$470,563
Sep 20180169,39359.543.11$526,473
Aug 20180186,17159.403.07$570,905
Jul 20180201,00265.142.93$589,314
Jun 20180227,21260.183.08$699,113
May 2018055,94865.382.90$162,294

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                   61 Mcf  × $  2.87 =       $175

────────────────────────────────────────────────────
Month total                                     $175

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. 08/G/285156 is the state's own key, not one this site invented.