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 155641District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Sep 1995 – May 2026
Value, last 12 filed months
$586
at the published price for each month
Months reported
369
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 Gas111995-11-07133535
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
CondensateDisposition11,639 bbl$337,452
GasProduction741,655 Mcf$2,299,964
Total$2,637,416

165,323 Mcf of this lease's gas, across 16 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 28.3842, -98.4684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38419, -98.46838 · 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
10,250 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 10,250 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-31133082710,250 ftSep 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 (369)

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

369 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202517062.743.08$278
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202517766.483.13$307
May 202513760.553.23$180
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20252070.884.34$142
Jan 2025546074.324.28$2,340
Dec 2024414068.993.12$713
Nov 2024632269.052.20$1,122
Oct 20241971.372.28$92
Sep 202412069.612.36$117
Aug 202422675.632.06$205
Jul 202439779.932.15$448
Jun 202414078.082.63$183
May 202429978.812.20$375
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 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20231980.522.67$105
Jul 20230074.852.64$0
Jun 202303768.962.26$84
May 2023525970.622.23$930
Apr 2023075778.122.24$1,694
Mar 2023066072.852.39$1,579
Feb 2023059175.112.47$1,457
Jan 2023083776.533.39$2,836
Dec 2022166076.415.73$3,858
Nov 2022140285.005.65$2,355
Oct 2022247487.185.86$2,954
Sep 2022459484.888.16$5,189
Aug 2022362994.529.13$6,025
Jul 20222497101.587.54$3,952
Jun 20223743115.097.98$6,272
May 202210109.378.43$109
Apr 20226590104.226.84$4,660
Mar 20223541108.885.08$3,073
Feb 2022113291.054.86$1,157
Jan 202246581.844.54$622
Dec 202111471.323.90$126
Nov 202121477.435.24$228
Oct 2021010379.795.71$589
Sep 2021022569.865.35$1,204
Aug 202105166.024.22$215
Jul 2021011670.783.98$462
Jun 2021040069.493.38$1,352
May 202107063.483.02$211
Apr 2021025560.362.76$703
Mar 2021054161.302.72$1,470
Feb 2021158757.805.55$3,314
Jan 2021157550.412.81$1,666
Dec 2020280744.642.68$2,248
Nov 20201077038.772.71$2,472
Oct 2020151,03236.972.48$3,112
Sep 2020946137.091.99$1,252
Aug 2020765239.982.39$1,835
Jul 2020474938.371.83$1,520
Jun 20204034.901.69$140
May 202006116.921.81$111
Apr 2020010914.751.80$197
Mar 202006430.341.86$119
Feb 2020018949.881.98$374
Jan 202005957.252.09$124
Dec 201915959.012.30$195
Nov 2019270855.302.75$2,058
Oct 20191448353.472.42$1,917
Sep 20191373155.052.66$2,658
Aug 20191077453.112.30$2,315
Jul 20191292056.272.46$2,939
Jun 2019191,17152.782.49$3,920
May 20191485758.482.74$3,167
Apr 2019057062.632.75$1,568
Mar 2019068456.803.06$2,094
Feb 2019038050.852.79$1,061
Jan 2019065646.033.23$2,118
Dec 2018097246.594.19$4,068
Nov 2018193552.934.24$4,015
Oct 2018479361.443.40$2,940
Sep 2018392059.543.11$3,038
Aug 2018375359.403.07$2,487
Jul 2018592265.142.93$3,029
Jun 201851,20360.183.08$4,002
May 2018549265.382.90$1,754
Apr 2018495463.842.90$3,023
Mar 201852,05661.222.79$6,036
Feb 2018377461.782.77$2,326
Jan 2018395162.874.01$4,001
Dec 2017399757.272.92$3,085
Nov 2017376355.423.12$2,546
Oct 201741,63849.292.98$5,084
Sep 201721,75947.523.09$5,526
Aug 2017235345.373.00$1,151
Jul 2017441643.873.09$1,460
Jun 2017336642.493.09$1,257
May 2017327045.373.26$1,017
Apr 2017325247.933.21$953
Mar 2017351646.772.98$1,680
Feb 2017217250.452.95$609
Jan 2017326249.413.42$1,044
Dec 2016437648.763.72$1,595
Nov 2016439342.492.64$1,209
Oct 2016638246.193.09$1,458
Sep 2016436341.553.10$1,292
Aug 2016356241.442.92$1,768
Jul 2016462541.622.92$1,994
Jun 2016355945.352.69$1,637
May 2016361342.521.99$1,348
Apr 2016363636.561.99$1,376
Mar 2016458333.011.79$1,178
Feb 2016456226.472.06$1,266
Jan 2016358727.352.36$1,470
Dec 2015353932.362.00$1,176
Nov 2015456038.792.17$1,369
Oct 2015362343.552.43$1,642
Sep 2015355142.992.76$1,649
Aug 2015460040.162.87$1,884
Jul 2015460348.152.95$1,968
Jun 2015560856.152.88$2,034
May 2015565155.212.96$2,200
Apr 201541,15749.822.71$3,331
Mar 2015497242.892.93$3,024
Feb 201561,01244.662.98$3,280
Jan 201581,21743.433.10$4,121
Dec 2014681854.693.59$3,266
Nov 2014684870.464.25$4,028
Oct 2014575678.303.90$3,341
Sep 2014599086.164.05$4,436
Aug 2014797189.394.04$4,544
Jul 201471,09196.564.18$5,236
Jun 201471,07698.164.74$5,784
May 201471,11494.734.73$5,929
Apr 201461,17295.944.81$6,212
Mar 201461,56495.895.06$8,484
Feb 201431,06297.406.19$6,868
Jan 201441,16690.404.86$6,029
Dec 201321,25191.824.35$5,631
Nov 201311,05088.853.74$4,014
Oct 2013176497.423.78$2,985
Sep 201301,122104.113.72$4,171
Aug 201301,198104.253.52$4,220
Jul 201301,703102.523.72$6,331
Jun 201303,07694.403.93$12,099
May 201302,96894.834.15$12,314
Apr 201303,09893.964.28$13,267
Mar 201303,02693.623.91$11,840
Feb 201312,96891.233.42$10,242
Jan 201342,96791.603.42$10,513
Dec 201243,11186.773.42$10,987
Nov 201243,02686.953.62$11,317
Oct 201212,96389.383.40$10,163
Sep 201223,35894.672.92$9,989
Aug 201263,25792.662.91$10,028
Jul 201243,49985.133.02$10,910
Jun 201233,77179.822.52$9,739
May 201243,30391.612.49$8,585
Apr 201243,186101.652.00$6,768
Mar 201243,814105.052.22$8,895
Feb 201253,797101.102.57$10,265
Jan 201253,66498.092.73$10,508
Dec 201154,05996.873.24$13,634
Nov 201153,60895.723.31$12,426
Oct 201143,88684.983.65$14,518
Sep 201133,32283.623.99$13,492
Aug 201133,42783.404.15$14,470
Jul 201153,89994.144.52$18,083
Jun 201181,06592.904.64$5,685
May 2011122,11598.134.40$10,494
Apr 2011111,756105.964.33$8,775
Mar 2011121,86196.364.06$8,707
Feb 20111398385.644.18$5,222
Jan 2011231,13086.504.59$7,175
Dec 20102499785.734.35$6,392
Nov 2010211,10380.843.80$5,884
Oct 2010231,10278.103.51$5,663
Sep 2010251,05272.633.98$6,002
Aug 2010241,00473.684.42$6,205
Jul 20101798372.554.74$5,889
Jun 2010131,03970.364.91$6,017
May 2010171,25271.124.24$6,512
Apr 2010151,15981.694.12$6,004
Mar 2010162,02478.394.39$10,137
Feb 2010181,00373.585.44$6,783
Jan 2010301,26174.365.96$9,752
Dec 2009531,51171.445.48$12,072
Nov 2009531,57574.593.75$9,862
Oct 2009611,64772.544.11$11,195
Sep 2009451,10965.543.06$6,348
Aug 2009281,98167.423.22$8,264
Jul 200982,83561.133.46$10,311
Jun 200963,02666.163.90$12,183
May 200953,14654.743.93$12,624
Apr 200971,28446.773.59$4,934
Mar 200951,82542.144.06$7,618
Feb 200951,11032.814.63$5,307
Jan 200951,62435.865.37$8,902
Dec 200831,36137.105.98$8,246
Nov 200831,20155.496.86$8,406
Oct 200831,14775.246.92$8,165
Sep 20082858101.767.88$6,962
Aug 20083967114.228.48$8,546
Jul 200841,061131.0811.39$12,609
Jun 20086976131.3313.03$13,508
May 200861,235123.1711.57$15,033
Apr 200851,033110.3110.45$11,351
Mar 200821,213101.909.66$11,926
Feb 200831,15692.538.77$10,416
Jan 200871,08790.388.21$9,552
Dec 2007131,34188.337.30$10,940
Nov 2007161,22091.677.29$10,363
Oct 2007301,56882.856.92$13,339
Sep 2007301,50475.846.24$11,666
Aug 2007321,82469.066.39$13,862
Jul 2007271,38670.906.39$10,768
Jun 2007211,18162.007.55$10,217
May 2007251,36958.747.85$12,210
Apr 2007171,26859.617.81$10,910
Mar 200731,35356.927.30$10,050
Feb 200731,33555.108.22$11,134
Jan 200761,79550.306.73$12,377
Dec 2006171,83756.656.92$13,672
Nov 2006211,64854.207.62$13,692
Oct 2006551,25054.906.01$10,537
Sep 2006491,06760.085.04$8,319
Aug 2006601,08568.717.34$12,086
Jul 2006371,27669.376.34$10,660
Jun 2006361,25166.286.38$10,372
May 2006341,24566.016.42$10,243
Apr 2006301,33164.397.36$11,729
Mar 2006291,37756.707.08$11,397
Feb 2006331,32257.597.75$12,147
Jan 2006331,49360.598.93$15,337
Dec 2005371,28754.9413.42$19,298
Nov 2005331,20754.6910.59$14,585
Oct 2005341,23658.3413.80$19,035
Sep 2005361,23161.4512.08$17,081
Aug 2005261,39661.519.80$15,276
Jul 2005481,07255.697.84$11,082
Jun 2005591,30352.337.38$12,705
May 2005501,36145.226.65$11,313
Apr 2005131,38149.207.36$10,804
Mar 2005151,49050.377.15$11,416
Feb 2005111,31245.226.31$8,779
Jan 2005121,61943.166.32$10,754
Dec 2004131,42139.866.75$10,111
Nov 2004131,67445.286.33$11,186
Oct 2004131,63749.706.52$11,311
Sep 2004101,59143.245.28$8,839
Aug 2004121,61842.375.55$9,489
Jul 2004111,58038.286.08$10,034
Jun 200481,34636.106.43$8,948
May 2004101,65137.486.49$11,097
Apr 2004111,42534.475.86$8,727
Mar 2004131,41934.365.53$8,294
Feb 2004121,47032.455.51$8,489
Jan 2004211,60332.036.30$10,771
Dec 2003231,68930.266.30$11,339
Nov 2003211,61828.804.60$8,040
Oct 2003131,48828.174.76$7,449
Sep 20031096226.314.75$4,832
Aug 2003111,02929.765.13$5,606
Jul 2003151,19829.415.17$6,636
Jun 2003151,08328.565.98$6,908
May 2003141,20626.595.97$7,575
Apr 2003151,16826.675.41$6,716
Mar 2003241,14731.146.10$7,740
Feb 2003321,15833.487.93$10,250
Jan 2003431,43030.315.58$9,286
Dec 2002491,38826.914.85$8,056
Nov 2002511,59224.664.14$7,844
Oct 2002421,64826.464.23$8,081
Sep 2002361,62627.443.64$6,899
Aug 2002131,61125.963.16$5,435
Jul 200261,71524.583.06$5,398
Jun 2002311,63823.733.34$6,204
May 2002311,73624.663.58$6,986
Apr 200261,59723.653.51$5,751
Mar 200212,03122.003.10$6,324
Feb 2002191,23418.222.38$3,278
Jan 2002332,03617.172.38$5,403
Dec 2001311,82016.932.36$4,828
Nov 2001261,88818.072.41$5,011
Oct 2001392,08519.782.53$6,044
Sep 2001502,16724.262.25$6,092
Aug 200132,03124.873.05$6,276
Jul 200112,03123.933.20$6,517
Jun 200102,00224.563.82$7,656
May 2001513,28325.524.31$15,442
Apr 2001843,38924.685.34$20,155
Mar 20011153,58724.545.38$22,107
Feb 20011133,30427.755.77$22,190
Jan 20011104,12827.478.40$37,692
Dec 2000874,38726.889.12$42,359
Nov 2000714,41332.215.66$27,256
Oct 2000964,61731.235.15$26,755
Sep 2000815,33631.875.19$30,257
Aug 2000915,88829.644.54$29,433
Jul 20001265,79628.534.09$27,299
Jun 20001935,89129.304.40$31,559
May 20003617,14727.263.68$36,140
Apr 20001664,59924.513.12$18,399
Mar 2000861,97428.422.86$8,089
Feb 2000101,15227.622.73$3,417
Jan 2000451,56125.272.48$5,009
Dec 1999732,37524.282.42$7,529
Nov 1999752,55323.192.43$7,953
Oct 1999482,52820.982.80$8,095
Sep 1999452,57821.752.62$7,730
Aug 1999532,97119.262.88$9,564
Jul 1999603,21017.892.37$8,689
Jun 1999643,04215.942.36$8,206
May 1999473,26215.792.32$8,313
Apr 1999413,38015.102.21$8,082
Mar 1999243,68212.471.84$7,068
Feb 1999513,2959.981.82$6,499
Jan 1999593,66610.381.90$7,578
Dec 1998513,6689.201.77$6,974
Nov 1998753,86410.892.19$9,262
Oct 1998583,83312.421.97$8,268
Sep 1998454,08212.592.08$9,068
Aug 1998504,31811.301.91$8,801
Jul 19981084,50111.742.24$11,338
Jun 19981104,30511.242.24$10,868
May 1998894,63912.622.21$11,358
Apr 1998894,47813.042.51$12,379
Mar 1998834,68612.802.31$11,884
Feb 19981104,26013.952.30$11,329
Jan 19981286,32614.702.15$15,513
Dec 1997904,94116.322.41$13,382
Nov 19971105,08618.193.09$17,708
Oct 19971105,08619.253.15$18,137
Sep 19978716,16017.742.95$49,294
Aug 1997465,70617.862.55$15,399
Jul 1997635,75217.582.25$14,032
Jun 1997815,56517.242.26$13,958
May 1997745,93918.972.31$15,114
Apr 1997416,10217.882.08$13,442
Mar 1997276,58718.951.94$13,285
Feb 1997255,89220.492.21$13,509
Jan 1997396,73423.483.54$24,752
Dec 1996549,04323.32$1,259
Nov 1996477,09621.97$1,033
Oct 1996607,21323.31$1,399
Sep 19961387,62022.22$3,066
Aug 19961508,93220.26$3,039
Jul 199615910,37419.55$3,108
Jun 1996814,54918.73$1,517
May 199616710,06419.43$3,245
Apr 199623511,26021.51$5,055
Mar 199626311,86819.38$5,097
Feb 199673313,18616.98$12,446
Jan 199631910,08217.07$5,445
Dec 199549215,02517.19$8,457
Nov 199538611,59316.00$6,176
Oct 199562418,63315.43$9,628
Sep 19953438,78516.18$5,550

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.

Sep 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 62.74 =        $63
Gas                   70 Mcf  × $  3.08 =       $215

────────────────────────────────────────────────────
Month total                                     $278

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/155641 is the state's own key, not one this site invented.