SBR

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the A.W.P. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154575District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jun 1995 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
372
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 821 leases and 1,336 wells, and the rule below applies to all of them.

Discovered
1981-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: RED. THE ALLOCATION FORMULA REMAINS SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-08-25132626
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,010 bbl$186,063
GasProduction571,331 Mcf$1,489,426
Total$1,675,489

216,101 Mcf of this lease's gas, across 19 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.3687, -98.4511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36869, -98.45112 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,650 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,650 ft.

Completions filed
Jun 1995
1 of 1 wells

1 well

42-31133085410,650 ftJun 1995

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (372)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

372 months

May 20265192106.413.05$1,117
Apr 2026127898.932.87$897
Mar 2026130889.753.15$1,060
Feb 2026122563.503.75$907
Jan 2026128759.138.00$2,355
Dec 2025129156.664.41$1,341
Nov 2025227558.593.93$1,197
Oct 2025229859.383.30$1,104
Sep 2025555762.743.08$2,028
Aug 2025125463.933.01$830
Jul 2025217266.743.32$704
Jun 2025218866.483.13$721
May 2025636560.553.23$1,543
Apr 2025325862.363.54$1,101
Mar 2025654567.704.27$2,732
Feb 2025727570.884.34$1,690
Jan 2025427874.324.28$1,487
Dec 2024734868.993.12$1,569
Nov 2024219169.052.20$558
Oct 2024417171.372.28$676
Sep 2024739369.612.36$1,416
Aug 2024955575.632.06$1,826
Jul 20241870179.932.15$2,944
Jun 2024121,06878.082.63$3,750
May 202491,03078.812.20$2,974
Apr 2024238584.451.66$808
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240773.023.30$23
Dec 2023647571.262.61$1,668
Nov 2023123977.892.81$749
Oct 20230085.443.09$0
Sep 202317589.042.74$294
Aug 2023122380.522.67$677
Jul 20230074.852.64$0
Jun 2023220968.962.26$610
May 2023527970.622.23$975
Apr 2023224578.122.24$704
Mar 2023548872.852.39$1,532
Feb 2023831075.112.47$1,365
Jan 2023634076.533.39$1,611
Dec 2022644876.415.73$3,025
Nov 2022628585.005.65$2,119
Oct 2022431087.185.86$2,166
Sep 2022529584.888.16$2,833
Aug 2022434894.529.13$3,554
Jul 20222345101.587.54$2,805
Jun 20223476115.097.98$4,142
May 20222142109.378.43$1,416
Apr 20228175104.226.84$2,030
Mar 20226181108.885.08$1,572
Feb 2022919691.054.86$1,772
Jan 20221343881.844.54$3,051
Dec 2021835671.323.90$1,959
Nov 2021936677.435.24$2,614
Oct 20211644679.795.71$3,825
Sep 20211539369.865.35$3,151
Aug 2021734066.024.22$1,897
Jul 2021842370.783.98$2,251
Jun 2021725769.493.38$1,355
May 2021318163.483.02$737
Apr 2021915560.362.76$971
Mar 20211726461.302.72$1,759
Feb 20211151457.805.55$3,487
Jan 20212050.412.81$101
Dec 20201517344.642.68$1,132
Nov 2020416638.772.71$604
Oct 2020617336.972.48$651
Sep 2020425537.091.99$656
Aug 202029239.982.39$299
Jul 202025838.371.83$183
Jun 20203034.901.69$105
May 202001716.921.81$31
Apr 202021714.751.80$60
Mar 20203730.341.86$104
Feb 202078249.881.98$512
Jan 202073957.252.09$482
Dec 201958259.012.30$484
Nov 2019222855.302.75$738
Oct 2019120353.472.42$544
Sep 2019126155.052.66$749
Aug 2019119953.112.30$512
Jul 2019115556.272.46$438
Jun 2019225852.782.49$748
May 2019218058.482.74$610
Apr 2019510062.632.75$588
Mar 20191016256.803.06$1,064
Feb 2019919450.852.79$999
Jan 20191123446.033.23$1,262
Dec 20181021946.594.19$1,383
Nov 20181221752.934.24$1,555
Oct 20181316861.443.40$1,370
Sep 2018914759.543.11$993
Aug 20181116359.403.07$1,153
Jul 20181525065.142.93$1,710
Jun 20182019860.183.08$1,813
May 20182127765.382.90$2,177
Apr 20182014063.842.90$1,683
Mar 20182323461.222.79$2,060
Feb 20181517961.782.77$1,422
Jan 20182219462.874.01$2,161
Dec 20171918857.272.92$1,637
Nov 20171623255.423.12$1,610
Oct 20172824549.292.98$2,111
Sep 20171215347.523.09$1,043
Aug 20171220145.373.00$1,148
Jul 20172025743.873.09$1,671
Jun 20171825342.493.09$1,546
May 20171926045.373.26$1,711
Apr 20172023547.933.21$1,713
Mar 20171635046.772.98$1,793
Feb 20172131650.452.95$1,992
Jan 2017335249.413.42$1,352
Dec 2016235848.763.72$1,430
Nov 2016234942.492.64$1,008
Oct 2016342446.193.09$1,449
Sep 2016336641.553.10$1,259
Aug 2016143041.442.92$1,299
Jul 2016145441.622.92$1,369
Jun 2016047745.352.69$1,281
May 20160242.521.99$4
Apr 20160136.561.99$2
Mar 201601233.011.79$22
Feb 20160226.472.06$4
Jan 2016046227.352.36$1,092
Dec 2015062532.362.00$1,251
Nov 2015055138.792.17$1,194
Oct 2015057943.552.43$1,405
Sep 2015049042.992.76$1,352
Aug 2015032140.162.87$922
Jul 2015051848.152.95$1,526
Jun 2015055956.152.88$1,612
May 2015044755.212.96$1,321
Apr 2015037449.822.71$1,012
Mar 2015049342.892.93$1,447
Feb 201508244.662.98$244
Jan 2015034543.433.10$1,070
Dec 2014048454.693.59$1,738
Nov 2014081570.464.25$3,465
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014023689.394.04$952
Jul 2014031196.564.18$1,300
Jun 2014028698.164.74$1,355
May 2014033194.734.73$1,564
Apr 2014018495.944.81$885
Mar 2014023095.895.06$1,163
Feb 2014015097.406.19$929
Jan 2014123690.404.86$1,238
Dec 2013224691.824.35$1,255
Nov 2013224088.853.74$1,075
Oct 2013325697.423.78$1,260
Sep 20132242104.113.72$1,108
Aug 20133256104.253.52$1,215
Jul 20133250102.523.72$1,237
Jun 2013322094.403.93$1,149
May 2013325194.834.15$1,326
Apr 2013424693.964.28$1,429
Mar 2013527693.623.91$1,548
Feb 2013425791.233.42$1,244
Jan 2013438591.603.42$1,683
Dec 2012444586.773.42$1,869
Nov 2012546386.953.62$2,113
Oct 2012445889.383.40$1,915
Sep 2012546894.672.92$1,839
Aug 2012529792.662.91$1,327
Jul 2012348885.133.02$1,730
Jun 2012356379.822.52$1,658
May 2012462391.612.49$1,917
Apr 20125507101.652.00$1,521
Mar 20125670105.052.22$2,014
Feb 20125572101.102.57$1,976
Jan 2012561298.092.73$2,164
Dec 2011561196.873.24$2,464
Nov 2011562395.723.31$2,542
Oct 2011565584.983.65$2,815
Sep 2011477283.623.99$3,412
Aug 2011380483.404.15$3,586
Jul 2011481494.144.52$4,054
Jun 201131,01492.904.64$4,984
May 2011471198.134.40$3,524
Apr 20114595105.964.33$3,002
Mar 2011455496.364.06$2,633
Feb 2011365285.644.18$2,982
Jan 2011566286.504.59$3,470
Dec 2010467285.734.35$3,265
Nov 2010472080.843.80$3,056
Oct 2010572678.103.51$2,938
Sep 2010575572.633.98$3,368
Aug 2010581073.684.42$3,948
Jul 2010477172.554.74$3,942
Jun 20101374670.364.91$4,578
May 20101876571.124.24$4,520
Apr 20101669381.694.12$4,164
Mar 20102072978.394.39$4,767
Feb 20101676973.585.44$5,362
Jan 20101680774.365.96$6,003
Dec 2009649771.445.48$3,154
Nov 2009644874.593.75$2,128
Oct 2009747372.544.11$2,452
Sep 2009576465.543.06$2,669
Aug 2009390067.423.22$3,099
Jul 2009389461.133.46$3,281
Jun 2009392466.163.90$3,797
May 2009296954.743.93$3,914
Apr 2009292446.773.59$3,408
Mar 200921,10642.144.06$4,574
Feb 2009277532.814.63$3,656
Jan 2009280935.865.37$4,417
Dec 2008183437.105.98$5,022
Nov 2008176055.496.86$5,269
Oct 2008190075.246.92$6,305
Sep 200811,329101.767.88$10,570
Aug 200811,200114.228.48$10,294
Jul 200811,106131.0811.39$12,728
Jun 200831,028131.3313.03$13,792
May 20082896123.1711.57$10,617
Apr 20083878110.3110.45$9,510
Mar 20083885101.909.66$8,858
Feb 2008481092.538.77$7,474
Jan 200831,04990.388.21$8,879
Dec 200721,34388.337.30$9,983
Nov 200721,45191.677.29$10,764
Oct 200761,28382.856.92$9,378
Sep 2007121,24175.846.24$8,659
Aug 2007121,98669.066.39$13,515
Jul 2007101,96370.906.39$13,249
Jun 200792,07162.007.55$16,191
May 2007112,17958.747.85$17,743
Apr 2007102,08359.617.81$16,854
Mar 2007112,30656.927.30$17,464
Feb 2007112,17255.108.22$18,451
Jan 200792,26550.306.73$15,689
Dec 200661,43956.656.92$10,296
Nov 200671,49554.207.62$11,768
Oct 200651,12754.906.01$7,052
Sep 200631,07660.085.04$5,600
Aug 200641,11168.717.34$8,429
Jul 200641,14269.376.34$7,521
Jun 200641,09966.286.38$7,281
May 200641,19366.016.42$7,929
Apr 200641,16164.397.36$8,803
Mar 200671,22756.707.08$9,088
Feb 200671,10057.597.75$8,929
Jan 200691,23560.598.93$11,578
Dec 2005101,02254.9413.42$14,260
Nov 20051693354.6910.59$10,754
Oct 20053097458.3413.80$15,187
Sep 20053694261.4512.08$13,591
Aug 20053297561.519.80$11,520
Jul 2005231,19255.697.84$10,630
Jun 200551,24852.337.38$9,473
May 200551,33645.226.65$9,112
Apr 200541,25249.207.36$9,412
Mar 200551,31350.377.15$9,646
Feb 200541,13245.226.31$7,326
Jan 200571,24743.166.32$8,186
Dec 2004211,34539.866.75$9,917
Nov 2004181,35045.286.33$9,361
Oct 200421,21649.706.52$8,022
Sep 200421,13243.245.28$6,068
Aug 200431,27942.375.55$7,226
Jul 200441,29538.286.08$8,032
Jun 200431,17736.106.43$7,680
May 200431,14537.486.49$7,549
Apr 200431,11734.475.86$6,647
Mar 200431,15134.365.53$6,468
Feb 200431,11932.455.51$6,263
Jan 200451,30532.036.30$8,381
Dec 200341,30030.266.30$8,313
Nov 200331,24128.804.60$5,789
Oct 200331,20828.174.76$5,834
Sep 200321,11226.314.75$5,334
Aug 200321,12429.765.13$5,825
Jul 200331,15229.415.17$6,045
Jun 200361,12728.565.98$6,914
May 200361,25126.595.97$7,631
Apr 200351,26826.675.41$6,990
Mar 200361,23331.146.10$7,703
Feb 200351,09433.487.93$8,838
Jan 200371,23830.315.58$7,123
Dec 2002121,23326.914.85$6,308
Nov 2002151,37024.664.14$6,038
Oct 2002121,46026.464.23$6,492
Sep 2002311,38227.443.64$5,874
Aug 2002121,35825.963.16$4,608
Jul 200261,37224.583.06$4,348
Jun 2002241,30823.733.34$4,936
May 2002391,39524.663.58$5,961
Apr 200221,39423.653.51$4,943
Mar 200231,49222.003.10$4,695
Feb 200231,37718.222.38$3,326
Jan 200211,52717.172.38$3,645
Dec 200121,55616.932.36$3,713
Nov 200131,51218.072.41$3,691
Oct 200181,50419.782.53$3,962
Sep 200151,43024.262.25$3,341
Aug 200131,40824.873.05$4,373
Jul 200131,46023.933.20$4,740
Jun 200121,52524.563.82$5,881
May 200141,72725.524.31$7,541
Apr 200131,61724.685.34$8,701
Mar 200181,90424.545.38$10,433
Feb 200191,62427.755.77$9,615
Jan 200191,82627.478.40$15,583
Dec 200031,92626.889.12$17,651
Nov 200081,86332.215.66$10,799
Oct 2000121,86131.235.15$9,951
Sep 2000111,94731.875.19$10,449
Aug 2000111,87429.644.54$8,835
Jul 2000141,88628.534.09$8,113
Jun 2000281,74729.304.40$8,502
May 2000172,06427.263.68$8,058
Apr 2000141,94424.513.12$6,401
Mar 2000242,08128.422.86$6,633
Feb 2000102,10427.622.73$6,013
Jan 2000192,31825.272.48$6,230
Dec 1999222,26824.282.42$6,031
Nov 1999222,20823.192.43$5,884
Oct 199962,38120.982.80$6,802
Sep 199992,10521.752.62$5,708
Aug 1999132,70619.262.88$8,032
Jul 1999141,28217.892.37$3,292
Jun 1999141,93115.942.36$4,784
May 199922,23615.792.32$5,221
Apr 1999232,20515.102.21$5,216
Mar 1999232,65312.471.84$5,164
Feb 1999292,4059.981.82$4,661
Jan 1999241,93210.381.90$3,920
Dec 1998302,0499.201.77$3,910
Nov 1998483,09110.892.19$7,279
Oct 1998302,36412.421.97$5,028
Sep 1998232,23112.592.08$4,936
Aug 1998352,30711.301.91$4,796
Jul 1998432,69611.742.24$6,537
Jun 1998492,89811.242.24$7,034
May 1998243,25312.622.21$7,480
Apr 1998263,28713.042.51$8,574
Mar 1998233,57012.802.31$8,539
Feb 1998253,44113.952.30$8,260
Jan 1998293,91814.702.15$8,869
Dec 1997354,07216.322.41$10,389
Nov 1997374,23318.193.09$13,746
Oct 1997333,83819.253.15$12,724
Sep 1997303,18817.742.95$9,952
Aug 1997204,02517.862.55$10,640
Jul 1997404,13517.582.25$9,994
Jun 1997595,55417.242.26$13,554
May 1997616,27518.972.31$15,643
Apr 1997567,11017.882.08$15,810
Mar 1997597,28718.951.94$15,249
Feb 1997597,47320.492.21$17,694
Jan 19971839,21623.483.54$36,919
Dec 19961037,35123.32$2,402
Nov 19961137,18621.97$2,483
Oct 1996967,56123.31$2,238
Sep 1996747,98822.22$1,644
Aug 1996729,95820.26$1,459
Jul 19969710,80419.55$1,896
Jun 1996999,52818.73$1,854
May 199611511,62019.43$2,234
Apr 199615312,27621.51$3,291
Mar 199618714,15119.38$3,624
Feb 199621715,77316.98$3,685
Jan 199621119,57817.07$3,602
Dec 199518122,24917.19$3,111
Nov 199510712,94716.00$1,712
Oct 1995886,94615.43$1,358
Sep 19951307,88716.18$2,103
Aug 19953249,92315.92$5,158
Jul 199534415,31015.24$5,243
Jun 199507,06516.41$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $106.41 =       $532
Gas                  192 Mcf  × $  3.05 =       $585

────────────────────────────────────────────────────
Month total                                   $1,117

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/154575 is the state's own key, not one this site invented.