PALAFOX EXPLORATION CO. "A"
PALAFOX EXPLORATION CO. "A" is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Virtex Petroleum Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 267,973 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 $68K, with roughly $10K 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 499 thousand cubic feet a month. Its strongest month on the record we hold was February 2022, at 842 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 PALAFOX EXPLORATION CO. "A"
- Who operates PALAFOX EXPLORATION CO. "A"?
- PALAFOX EXPLORATION CO. "A" is operated by Virtex Petroleum Company, Inc., Railroad Commission of Texas operator number 886228.
- Where is PALAFOX EXPLORATION CO. "A"?
- PALAFOX EXPLORATION CO. "A" is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 080429.
- Is PALAFOX EXPLORATION CO. "A" still producing?
- PALAFOX EXPLORATION CO. "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALAFOX EXPLORATION CO. "A" is August 2026.
- How much has PALAFOX EXPLORATION CO. "A" produced?
- PALAFOX EXPLORATION CO. "A" has reported 267,973 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PALAFOX EXPLORATION CO. "A" worth?
- The remaining production from PALAFOX EXPLORATION CO. "A" is estimated to be worth about $68K in total as of 26 August 2026, within a range of $53K to $83K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALAFOX EXPLORATION CO. "A" is a fraction of it. The estimate fits an Arps decline curve to the production PALAFOX EXPLORATION CO. "A" 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. "A" is an estimate of value, not an offer and not an appraisal.
- How much income does PALAFOX EXPLORATION CO. "A" generate in a year?
- PALAFOX EXPLORATION CO. "A" is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALAFOX EXPLORATION CO. "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Petroleum Company, Inc. |
|---|---|
| Field | Las Tiendas (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 080429 |
| Wellbores | 1 |
| Reported production | 267,973 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $68K |
Where PALAFOX EXPLORATION CO. "A" 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.