PALAFOX 1034
PALAFOX 1034 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 2011 to August 2026, totalling 3,129,231 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 $564K, with roughly $85K 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 4,425 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 15,621 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 1034
- Who operates PALAFOX 1034?
- PALAFOX 1034 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is PALAFOX 1034?
- PALAFOX 1034 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 266243.
- Is PALAFOX 1034 still producing?
- PALAFOX 1034 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALAFOX 1034 is August 2026.
- How much has PALAFOX 1034 produced?
- PALAFOX 1034 has reported 3,129,231 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is PALAFOX 1034 worth?
- The remaining production from PALAFOX 1034 is estimated to be worth about $564K in total as of 26 August 2026, within a range of $468K to $660K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALAFOX 1034 is a fraction of it. The estimate fits an Arps decline curve to the production PALAFOX 1034 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALAFOX 1034 is an estimate of value, not an offer and not an appraisal.
- How much income does PALAFOX 1034 generate in a year?
- PALAFOX 1034 is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALAFOX 1034 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 266243 |
| Wellbores | 1 |
| Reported production | 3,129,231 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $564K |
Where PALAFOX 1034 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.