PALAFOX 1029
PALAFOX 1029 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 2,532,075 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $448K, with roughly $69K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,150 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 23,671 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PALAFOX 1029
- Who operates PALAFOX 1029?
- PALAFOX 1029 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is PALAFOX 1029?
- PALAFOX 1029 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 269117.
- Is PALAFOX 1029 still producing?
- PALAFOX 1029 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALAFOX 1029 is August 2026.
- How much has PALAFOX 1029 produced?
- PALAFOX 1029 has reported 2,532,075 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is PALAFOX 1029 worth?
- The remaining production from PALAFOX 1029 is estimated to be worth about $448K in total as of 26 August 2026, within a range of $372K to $524K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALAFOX 1029 is a fraction of it. The estimate fits an Arps decline curve to the production PALAFOX 1029 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALAFOX 1029 is an estimate of value, not an offer and not an appraisal.
- How much income does PALAFOX 1029 generate in a year?
- PALAFOX 1029 is forecast to net about $69K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALAFOX 1029 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 269117 |
| Wellbores | 1 |
| Reported production | 2,532,075 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $448K |
Where PALAFOX 1029 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.