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 155638District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Aug 1995 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
370
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 Gas111995-11-03133444
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
CondensateDisposition7,300 bbl$248,443
GasProduction665,681 Mcf$1,727,535
Total$1,975,978

223,656 Mcf of this lease's gas, across 17 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 28.3727, -98.4638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37275, -98.46383 · 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
10,430 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 10,430 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-31133097910,430 ftAug 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 (370)

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

370 months

May 20269480106.413.05$2,420
Apr 2026518498.932.87$1,023
Mar 2026761889.753.15$2,575
Feb 2026753963.503.75$2,466
Jan 2026567059.138.00$5,654
Dec 2025660456.664.41$3,006
Nov 2025683658.593.93$3,634
Oct 2025336059.383.30$1,368
Sep 2025643562.743.08$1,715
Aug 2025445063.933.01$1,612
Jul 2025225166.743.32$966
Jun 2025450666.483.13$1,849
May 20251463960.553.23$2,913
Apr 2025121,12362.363.54$4,727
Mar 2025131,87667.704.27$8,887
Feb 2025318270.884.34$1,003
Jan 202527974.324.28$487
Dec 2024828568.993.12$1,442
Nov 2024732869.052.20$1,204
Oct 2024519471.372.28$799
Sep 2024630569.612.36$1,139
Aug 2024748075.632.06$1,520
Jul 2024628279.932.15$1,085
Jun 202426778.082.63$333
May 202412378.812.20$129
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20231077.892.81$78
Oct 20230085.443.09$0
Sep 202314989.042.74$223
Aug 202366780.522.67$662
Jul 2023739974.852.64$1,578
Jun 2023329468.962.26$871
May 20231680370.622.23$2,919
Apr 2023850578.122.24$1,755
Mar 2023855772.852.39$1,916
Feb 20231354875.112.47$2,328
Jan 20231051776.533.39$2,517
Dec 20221142976.415.73$3,298
Nov 2022632985.005.65$2,368
Oct 2022647087.185.86$3,279
Sep 2022843284.888.16$4,206
Aug 2022440494.529.13$4,065
Jul 20225318101.587.54$2,906
Jun 20227333115.097.98$3,462
May 20224446109.378.43$4,199
Apr 20225407104.226.84$3,304
Mar 20224379108.885.08$2,359
Feb 2022460791.054.86$3,314
Jan 2022839381.844.54$2,438
Dec 2021424571.323.90$1,241
Nov 2021428577.435.24$1,802
Oct 20211143679.795.71$3,369
Sep 20211078869.865.35$4,915
Aug 20211066.024.22$66
Jul 2021519470.783.98$1,126
Jun 2021946269.493.38$2,187
May 2021548063.483.02$1,766
Apr 20211238060.362.76$1,773
Mar 20212278961.302.72$3,492
Feb 20211376157.805.55$4,973
Jan 20211069650.412.81$2,460
Dec 2020992844.642.68$2,885
Nov 2020370238.772.71$2,016
Oct 2020442136.972.48$1,191
Sep 2020338337.091.99$874
Aug 2020250539.982.39$1,284
Jul 2020138438.371.83$739
Jun 20202034.901.69$70
May 202008916.921.81$162
Apr 2020012514.751.80$226
Mar 202005030.341.86$93
Feb 2020163849.881.98$1,314
Jan 2020111857.252.09$304
Dec 201909859.012.30$226
Nov 2019161455.302.75$1,744
Oct 2019239453.472.42$1,060
Sep 201961,06255.052.66$3,152
Aug 2019574253.112.30$1,975
Jul 2019797556.272.46$2,792
Jun 2019867952.782.49$2,114
May 2019111,21058.482.74$3,959
Apr 2019888562.632.75$2,935
Mar 20191098956.803.06$3,596
Feb 20191298250.852.79$3,352
Jan 2019122,82946.033.23$9,685
Dec 20181146.594.19$51
Nov 201826352.934.24$373
Oct 2018249061.443.40$1,788
Sep 2018145459.543.11$1,471
Aug 2018142459.403.07$1,360
Jul 2018244965.142.93$1,447
Jun 2018155560.183.08$1,768
May 2018135665.382.90$1,098
Apr 2018162263.842.90$1,868
Mar 2018279761.222.79$2,344
Feb 2018146661.782.77$1,351
Jan 2018151762.874.01$2,136
Dec 2017148957.272.92$1,486
Nov 2017161755.423.12$1,979
Oct 2017148849.292.98$1,505
Sep 2017155547.523.09$1,761
Aug 2017151145.373.00$1,581
Jul 2017261043.873.09$1,971
Jun 2017159242.493.09$1,870
May 2017141545.373.26$1,400
Apr 2017240047.933.21$1,381
Mar 2017165446.772.98$1,998
Feb 2017150150.452.95$1,530
Jan 2017157449.413.42$2,012
Dec 2016161448.763.72$2,335
Nov 2016165442.492.64$1,772
Oct 2016261946.193.09$2,005
Sep 2016259541.553.10$1,928
Aug 2016159541.442.92$1,781
Jul 2016165041.622.92$1,942
Jun 2016165345.352.69$1,799
May 2016170142.521.99$1,438
Apr 2016158236.561.99$1,195
Mar 2016175233.011.79$1,382
Feb 2016165026.472.06$1,368
Jan 2016047027.352.36$1,111
Dec 2015053432.362.00$1,069
Nov 2015266838.792.17$1,525
Oct 2015168243.552.43$1,698
Sep 2015180742.992.76$2,269
Aug 2015163840.162.87$1,873
Jul 2015169748.152.95$2,101
Jun 2015182456.152.88$2,432
May 2015186555.212.96$2,612
Apr 2015350949.822.71$1,527
Mar 2015588742.892.93$2,818
Feb 201565,12944.662.98$15,533
Jan 201581,05443.433.10$3,616
Dec 2014670454.693.59$2,856
Nov 2014748070.464.25$2,534
Oct 2014772178.303.90$3,361
Sep 2014642386.164.05$2,228
Aug 2014770589.394.04$3,470
Jul 2014646296.564.18$2,510
Jun 2014579698.164.74$4,261
May 2014548994.734.73$2,785
Apr 2014551295.944.81$2,942
Mar 2014544495.895.06$2,725
Feb 2014354097.406.19$3,636
Jan 2014341790.404.86$2,298
Dec 2013243691.824.35$2,082
Nov 2013149388.853.74$1,932
Oct 2013385397.423.78$3,516
Sep 20131840104.113.72$3,227
Aug 20131213104.253.52$855
Jul 20133417102.523.72$1,858
Jun 2013334794.403.93$1,648
May 2013341194.834.15$1,990
Apr 2013476393.964.28$3,643
Mar 2013545193.623.91$2,233
Feb 2013443291.233.42$1,842
Jan 2013545191.603.42$2,000
Dec 2012445486.773.42$1,900
Nov 2012543086.953.62$1,993
Oct 2012457789.383.40$2,319
Sep 2012547094.672.92$1,845
Aug 2012729392.662.91$1,501
Jul 20121347485.133.02$2,539
Jun 20121155179.822.52$2,266
May 2012111,02991.612.49$3,568
Apr 201214505101.652.00$2,431
Mar 201214665105.052.22$2,948
Feb 201214567101.102.57$2,873
Jan 20121060698.092.73$2,638
Dec 20111063196.873.24$3,013
Nov 20111162095.723.31$3,106
Oct 2011964084.983.65$3,100
Sep 2011775083.623.99$3,575
Aug 2011776383.404.15$3,750
Jul 2011899694.144.52$5,252
Jun 2011372992.904.64$3,661
May 2011553898.134.40$2,860
Apr 20118478105.964.33$2,919
Mar 2011655796.364.06$2,838
Feb 2011855185.644.18$2,988
Jan 20111456386.504.59$3,794
Dec 20101554585.734.35$3,655
Nov 20101365280.843.80$3,525
Oct 20101359678.103.51$3,107
Sep 2010847272.633.98$2,459
Aug 20101170073.684.42$3,904
Jul 2010966872.554.74$3,817
Jun 2010665970.364.91$3,658
May 2010101,04071.124.24$5,116
Apr 2010245381.694.12$2,031
Mar 2010680478.394.39$3,999
Feb 20101053173.585.44$3,626
Jan 20101762174.365.96$4,968
Dec 20093042271.445.48$4,457
Nov 20092837374.593.75$3,488
Oct 20092840872.544.11$3,708
Sep 20092063065.543.06$3,242
Aug 20091283967.423.22$3,509
Jul 20091279461.133.46$3,484
Jun 20091580266.163.90$4,116
May 20091290454.743.93$4,206
Apr 20091580246.773.59$3,579
Mar 20091199642.144.06$4,506
Feb 20091178832.814.63$4,012
Jan 20091666435.865.37$4,140
Dec 20081176637.105.98$4,987
Nov 20081468155.496.86$5,449
Oct 20081476675.246.92$6,356
Sep 200891,015101.767.88$8,911
Aug 2008121,025114.228.48$10,066
Jul 20089908131.0811.39$11,521
Jun 200813820131.3313.03$12,394
May 200811723123.1711.57$9,723
Apr 200813654110.3110.45$8,272
Mar 200814611101.909.66$7,331
Feb 20081869992.538.77$7,796
Jan 20081677990.388.21$7,838
Dec 200761,01488.337.30$7,934
Nov 2007121,14091.677.29$9,413
Oct 2007411,02982.856.92$10,520
Sep 2007421,01075.846.24$9,492
Aug 2007421,26169.066.39$10,956
Jul 2007481,02070.906.39$9,919
Jun 2007441,12562.007.55$11,220
May 2007461,10758.747.85$11,388
Apr 2007341,05859.617.81$10,285
Mar 200731,12156.927.30$8,356
Feb 200731,00455.108.22$8,414
Jan 200732,46450.306.73$16,726
Dec 200632,62256.656.92$18,310
Nov 200621,42854.207.62$10,986
Oct 200661,08454.906.01$6,848
Sep 200651,15660.085.04$6,123
Aug 200671,09068.717.34$8,481
Jul 200671,12869.376.34$7,640
Jun 200651,17066.286.38$7,801
May 200661,28166.016.42$8,626
Apr 200661,24164.397.36$9,521
Mar 200661,29356.707.08$9,498
Feb 200661,16857.597.75$9,399
Jan 200651,32160.598.93$12,104
Dec 200531,09854.9413.42$14,895
Nov 200531,03454.6910.59$11,112
Oct 200531,08758.3413.80$15,171
Sep 200541,10061.4512.08$13,533
Aug 200541,13761.519.80$11,385
Jul 200541,38755.697.84$11,102
Jun 200551,32752.337.38$10,056
May 200571,49445.226.65$10,253
Apr 2005131,38849.207.36$10,856
Mar 2005151,52550.377.15$11,667
Feb 2005111,27145.226.31$8,520
Jan 2005121,67543.166.32$11,108
Dec 2004131,61539.866.75$11,421
Nov 2004131,61445.286.33$10,806
Oct 200471,62349.706.52$10,922
Sep 200441,49443.245.28$8,067
Aug 200441,62142.375.55$9,167
Jul 200441,60238.286.08$9,900
Jun 200431,22236.106.43$7,969
May 200461,37237.486.49$9,135
Apr 2004121,16634.475.86$7,245
Mar 2004211,37434.365.53$8,320
Feb 2004381,20532.455.51$7,872
Jan 2004621,49932.036.30$11,429
Dec 2003421,41730.266.30$10,200
Nov 2003331,40628.804.60$7,411
Oct 2003341,34528.174.76$7,360
Sep 2003451,16326.314.75$6,707
Aug 2003571,07729.765.13$7,221
Jul 2003731,15429.415.17$8,114
Jun 2003751,44128.565.98$10,763
May 2003691,53626.595.97$11,009
Apr 2003681,61026.675.41$10,519
Mar 2003711,50631.146.10$11,392
Feb 2003591,37533.487.93$12,873
Jan 2003751,53930.315.58$10,864
Dec 2002861,51026.914.85$9,643
Nov 2002871,81024.664.14$9,633
Oct 2002241,99626.464.23$9,076
Sep 2002181,82627.443.64$7,132
Aug 200231,92725.963.16$6,175
Jul 200241,93524.583.06$6,023
Jun 200231,59823.733.34$5,406
May 200241,81924.663.58$6,618
Apr 200201,90223.653.51$6,680
Mar 200201,99522.003.10$6,190
Feb 200201,69418.222.38$4,024
Jan 200202,04117.172.38$4,849
Dec 200151,95816.932.36$4,714
Nov 200121,33118.072.41$3,238
Oct 2001421,85019.782.53$5,509
Sep 2001271,81724.262.25$4,746
Aug 200151,88824.873.05$5,889
Jul 200101,71123.933.20$5,470
Jun 200101,79924.563.82$6,880
May 200132,09425.524.31$9,096
Apr 200172,09024.685.34$11,324
Mar 200161,78324.545.38$9,733
Feb 2001192,03827.755.77$12,281
Jan 2001291,80627.478.40$15,965
Dec 2000292,36626.889.12$22,363
Nov 2000222,01432.215.66$12,104
Oct 2000142,50531.235.15$13,327
Sep 2000102,22931.875.19$11,879
Aug 2000102,38229.644.54$11,112
Jul 2000162,00628.534.09$8,661
Jun 2000292,27129.304.40$10,836
May 2000232,43727.263.68$9,595
Apr 2000202,47224.513.12$8,193
Mar 2000162,38628.422.86$7,278
Feb 2000132,39727.622.73$6,894
Jan 2000242,63925.272.48$7,153
Dec 1999372,54424.282.42$7,064
Nov 1999372,55323.192.43$7,072
Oct 1999372,77520.982.80$8,557
Sep 1999282,49521.752.62$7,143
Aug 1999132,85719.262.88$8,466
Jul 1999203,00517.892.37$7,487
Jun 1999582,91815.942.36$7,817
May 1999243,32615.792.32$8,099
Apr 1999243,05815.102.21$7,115
Mar 1999213,38412.471.84$6,483
Feb 1999203,1139.981.82$5,858
Jan 1999253,71610.381.90$7,320
Dec 1998223,2149.201.77$5,902
Nov 1998273,08810.892.19$7,044
Oct 1998233,50712.421.97$7,192
Sep 1998223,95212.592.08$8,507
Aug 1998244,16711.301.91$8,219
Jul 1998444,37211.742.24$10,298
Jun 1998383,71911.242.24$8,748
May 1998475,23512.622.21$12,143
Apr 1998564,15813.042.51$11,147
Mar 1998484,33212.802.31$10,619
Feb 1998533,79413.952.30$9,462
Jan 1998625,02714.702.15$11,744
Dec 1997265,26516.322.41$13,119
Nov 1997545,40918.193.09$17,687
Oct 1997545,40919.253.15$18,077
Sep 1997305,77117.742.95$17,585
Aug 1997245,92417.862.55$15,563
Jul 1997255,89617.582.25$13,687
Jun 1997286,31317.242.26$14,732
May 1997246,80318.972.31$16,160
Apr 1997607,28117.882.08$16,238
Mar 1997388,07118.951.94$16,371
Feb 1997247,46320.492.21$16,954
Jan 1997328,87923.483.54$32,180
Dec 1996319,82223.32$723
Nov 1996449,97121.97$967
Oct 199611710,91423.31$2,727
Sep 199614310,88622.22$3,177
Aug 199612910,55220.26$2,614
Jul 199614312,78619.55$2,796
Jun 199615612,04618.73$2,922
May 199617414,41019.43$3,381
Apr 199623715,59621.51$5,098
Mar 199629818,45519.38$5,775
Feb 199634120,27116.98$5,790
Jan 199635026,99117.07$5,975
Dec 199531532,18617.19$5,415
Nov 1995333,36916.00$528
Oct 1995755,52015.43$1,157
Sep 19951417,50216.18$2,281
Aug 1995102,37915.92$159

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             9 bbl  × $106.41 =       $958
Gas                  480 Mcf  × $  3.05 =     $1,462

────────────────────────────────────────────────────
Month total                                   $2,420

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/155638 is the state's own key, not one this site invented.