PALAFOX EXPLORATION CO. 109
PALAFOX EXPLORATION CO. 109 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 175,418 thousand cubic feet. The lease is intermittent. 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 $4K, with roughly $495 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 10 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 1,194 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 EXPLORATION CO. 109
- Who operates PALAFOX EXPLORATION CO. 109?
- PALAFOX EXPLORATION CO. 109 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is PALAFOX EXPLORATION CO. 109?
- PALAFOX EXPLORATION CO. 109 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 242198.
- Is PALAFOX EXPLORATION CO. 109 still producing?
- PALAFOX EXPLORATION CO. 109 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PALAFOX EXPLORATION CO. 109 is August 2026.
- How much has PALAFOX EXPLORATION CO. 109 produced?
- PALAFOX EXPLORATION CO. 109 has reported 175,418 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is PALAFOX EXPLORATION CO. 109 worth?
- The remaining production from PALAFOX EXPLORATION CO. 109 is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALAFOX EXPLORATION CO. 109 is a fraction of it. The estimate fits an Arps decline curve to the production PALAFOX EXPLORATION CO. 109 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALAFOX EXPLORATION CO. 109 is an estimate of value, not an offer and not an appraisal.
- How much income does PALAFOX EXPLORATION CO. 109 generate in a year?
- PALAFOX EXPLORATION CO. 109 is forecast to net about $495 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALAFOX EXPLORATION CO. 109 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Las Tiendas (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 242198 |
| Wellbores | 1 |
| Reported production | 175,418 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where PALAFOX EXPLORATION CO. 109 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.