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 285292District 08Field 019425002 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.3 M
May 2018 – May 2026
Value, last 12 filed months
$530 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 Gas112020-01-13223696
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
CondensateDisposition43 bbl$3,519
GasProduction5,495,181 Mcf$18,302,800
Total$18,306,319

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 31.2974, -103.8291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.29739, -103.82914 · 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
11,215 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 11,215 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-38936177101AH11,215 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 20260398.932.87$9
Mar 2026087889.753.15$2,765
Feb 202603,15863.503.75$11,844
Jan 202605,92559.138.00$47,388
Dec 2025012,29956.664.41$54,280
Nov 2025016,34458.593.93$64,174
Oct 2025020,62359.383.30$68,156
Sep 2025022,05762.743.08$67,868
Aug 2025023,47063.933.01$70,756
Jul 2025022,72166.743.32$75,325
Jun 2025021,57766.483.13$67,508
May 2025022,76860.553.23$73,593
Apr 2025028,60362.363.54$101,344
Mar 2025033,76067.704.27$144,098
Feb 2025027,01570.884.34$117,268
Jan 2025012,27074.324.28$52,499
Dec 2024014,77868.993.12$46,128
Nov 2024031169.052.20$684
Oct 202405,63371.372.28$12,851
Sep 202408,92869.612.36$21,109
Aug 202401,53575.632.06$3,168
Jul 2024028,80679.932.15$61,835
Jun 202405,58178.082.63$14,700
May 202402,48578.812.20$5,463
Apr 202408,26084.451.66$13,705
Mar 2024024,35980.301.55$37,638
Feb 2024024,98876.091.78$44,570
Jan 2024026,52073.023.30$87,454
Dec 2023034,76371.262.61$90,756
Nov 2023029,36177.892.81$82,433
Oct 2023033,22585.443.09$102,575
Sep 2023032,46789.042.74$88,799
Aug 2023035,73880.522.67$95,523
Jul 2023037,09774.852.64$98,003
Jun 2023038,86268.962.26$87,769
May 2023037,98870.622.23$84,614
Apr 2023039,50778.122.24$88,407
Mar 2023049,71772.852.39$118,981
Feb 2023047,22475.112.47$116,439
Jan 2023044,32576.533.39$150,161
Dec 2022042,54576.415.73$243,744
Nov 2022038,58685.005.65$217,864
Oct 2022040,21587.185.86$235,811
Sep 2022038,29984.888.16$312,661
Aug 2022044,20294.529.13$403,439
Jul 2022045,755101.587.54$345,088
Jun 2022053,136115.097.98$423,877
May 2022049,265109.378.43$415,454
Apr 2022038,371104.226.84$262,366
Mar 2022055,544108.885.08$281,964
Feb 2022047,63491.054.86$231,446
Jan 20224340,83481.844.54$188,811
Dec 2021041,95471.323.90$163,584
Nov 2021045,55977.435.24$238,586
Oct 2021046,62079.795.71$266,381
Sep 2021047,53969.865.35$254,377
Aug 2021051,86066.024.22$218,880
Jul 2021053,49470.783.98$213,017
Jun 2021055,64869.493.38$188,125
May 2021059,77463.483.02$180,378
Apr 2021059,12860.362.76$163,100
Mar 2021061,17461.302.72$166,206
Feb 2021044,99957.805.55$249,652
Jan 2021070,99850.412.81$199,524
Dec 2020075,69544.642.68$202,519
Nov 2020074,32138.772.71$201,155
Oct 2020053,06136.972.48$131,508
Sep 2020077,90437.091.99$155,110
Aug 2020082,60439.982.39$197,019
Jul 2020086,90938.371.83$158,619
Jun 2020086,96234.901.69$146,993
May 2020070,06716.921.81$127,154
Apr 2020022,78214.751.80$41,107
Mar 2020011630.341.86$215
Feb 2020079,96949.881.98$158,392
Jan 2020092,28457.252.09$193,311
Dec 2019095,16459.012.30$219,292
Nov 2019097,90955.302.75$269,318
Oct 20190102,24053.472.42$247,272
Sep 20190106,37755.052.66$282,673
Aug 20190106,64453.112.30$245,746
Jul 20190118,62156.272.46$291,815
Jun 20190108,64052.782.49$270,644
May 2019060,28558.482.74$165,200
Apr 2019090,23262.632.75$248,201
Mar 20190120,06056.803.06$367,636
Feb 20190110,91050.852.79$309,685
Jan 20190139,15746.033.23$449,224
Dec 20180143,52146.594.19$600,699
Nov 20180159,65052.934.24$676,475
Oct 20180151,27361.443.40$514,038
Sep 20180173,17659.543.11$538,231
Aug 20180194,12959.403.07$595,308
Jul 20180219,37765.142.93$643,187
Jun 20180265,16660.183.08$815,895
May 2018070,91465.382.90$205,707

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                    3 Mcf  × $  2.87 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/285292 is the state's own key, not one this site invented.