PALAFOX-STATE 1335
PALAFOX-STATE 1335 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 August 2013 to August 2026, totalling 1,443,669 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 $377K, with roughly $58K 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 2,891 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 15,467 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-STATE 1335
- Who operates PALAFOX-STATE 1335?
- PALAFOX-STATE 1335 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is PALAFOX-STATE 1335?
- PALAFOX-STATE 1335 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 272995.
- Is PALAFOX-STATE 1335 still producing?
- PALAFOX-STATE 1335 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALAFOX-STATE 1335 is August 2026.
- How much has PALAFOX-STATE 1335 produced?
- PALAFOX-STATE 1335 has reported 1,443,669 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is PALAFOX-STATE 1335 worth?
- The remaining production from PALAFOX-STATE 1335 is estimated to be worth about $377K in total as of 26 August 2026, within a range of $313K to $441K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALAFOX-STATE 1335 is a fraction of it. The estimate fits an Arps decline curve to the production PALAFOX-STATE 1335 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALAFOX-STATE 1335 is an estimate of value, not an offer and not an appraisal.
- How much income does PALAFOX-STATE 1335 generate in a year?
- PALAFOX-STATE 1335 is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALAFOX-STATE 1335 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 272995 |
| Wellbores | 1 |
| Reported production | 1,443,669 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $377K |
Where PALAFOX-STATE 1335 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.