PALTEX
PALTEX is a Texas gas lease in Palo Pinto County, Railroad Commission district 09, operated by Upham Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 17,885 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 $44K, with roughly $12K 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 720 thousand cubic feet a month. Its strongest month on the record we hold was November 2025, at 1,349 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PALTEX
- Who operates PALTEX?
- PALTEX is operated by Upham Oil & Gas Company, Railroad Commission of Texas operator number 878925.
- Where is PALTEX?
- PALTEX is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 296343.
- Is PALTEX still producing?
- PALTEX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALTEX is August 2026.
- How much has PALTEX produced?
- PALTEX has reported 17,885 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is PALTEX worth?
- The remaining production from PALTEX is estimated to be worth about $44K in total as of 27 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALTEX is a fraction of it. The estimate fits an Arps decline curve to the production PALTEX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALTEX is an estimate of value, not an offer and not an appraisal.
- How much income does PALTEX generate in a year?
- PALTEX is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALTEX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upham Oil & Gas Company |
|---|---|
| Field | KRS (Marble Falls) |
| County | Palo Pinto County, Texas |
| RRC district | 09 |
| Lease number | 296343 |
| Wellbores | 1 |
| Reported production | 17,885 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where PALTEX 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.