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 156015District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Oct 1995 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
368
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 Gas111995-12-11133793
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
CondensateDisposition10,801 bbl$407,607
GasProduction565,097 Mcf$1,525,598
Total$1,933,205

144,420 Mcf of this lease's gas, across 15 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 28.3814, -98.4597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38139, -98.45970 · 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
10,477 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 10,477 ft.

1 well

42-311331071610,477 ft

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 (368)

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

368 months

May 20260194106.413.05$591
Apr 2026122398.932.87$739
Mar 2026125989.753.15$905
Feb 2026120263.503.75$821
Jan 2026136459.138.00$2,970
Dec 2025025756.664.41$1,134
Nov 2025033758.593.93$1,323
Oct 202505659.383.30$185
Sep 202502662.743.08$80
Aug 202509663.933.01$289
Jul 202507966.743.32$262
Jun 2025013566.483.13$422
May 2025013660.553.23$440
Apr 2025021862.363.54$772
Mar 2025158667.704.27$2,569
Feb 2025013170.884.34$569
Jan 2025015274.324.28$650
Dec 2024129268.993.12$980
Nov 2024128969.052.20$704
Oct 2024021571.372.28$491
Sep 2024028569.612.36$674
Aug 2024035175.632.06$724
Jul 2024132579.932.15$778
Jun 202411,17178.082.63$3,162
May 20240078.812.20$0
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 202308489.042.74$230
Aug 202315980.522.67$238
Jul 2023112774.852.64$410
Jun 202307668.962.26$172
May 2023112770.622.23$354
Apr 202329178.122.24$360
Mar 2023211972.852.39$430
Feb 2023312775.112.47$538
Jan 2023213676.533.39$614
Dec 2022212476.415.73$863
Nov 2022211985.005.65$842
Oct 2022018787.185.86$1,097
Sep 2022014384.888.16$1,167
Aug 202208494.529.13$767
Jul 20220129101.587.54$973
Jun 20221158115.097.98$1,375
May 20221186109.378.43$1,678
Apr 20225263104.226.84$2,319
Mar 20224170108.885.08$1,299
Feb 2022430191.054.86$1,827
Jan 2022673081.844.54$3,804
Dec 2021413971.323.90$827
Nov 2021415677.435.24$1,127
Oct 2021356679.795.71$3,473
Sep 2021432469.865.35$2,013
Aug 202116966.024.22$357
Jul 2021215470.783.98$755
Jun 2021325369.493.38$1,064
May 2021115763.483.02$537
Apr 2021331360.362.76$1,044
Mar 2021543861.302.72$1,497
Feb 2021344757.805.55$2,653
Jan 2021333550.412.81$1,093
Dec 2020363444.642.68$1,830
Nov 2020145338.772.71$1,265
Oct 2020178936.972.48$1,992
Sep 2020131137.091.99$656
Aug 2020031139.982.39$742
Jul 2020033838.371.83$617
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202005614.751.80$101
Mar 202014730.341.86$118
Feb 2020128849.881.98$620
Jan 202003957.252.09$82
Dec 201902359.012.30$53
Nov 2019141555.302.75$1,197
Oct 201914753.472.42$167
Sep 201908255.052.66$218
Aug 201903053.112.30$69
Jul 2019014256.272.46$349
Jun 201908352.782.49$207
May 201905358.482.74$145
Apr 2019015662.632.75$429
Mar 201902156.803.06$64
Feb 2019122850.852.79$687
Jan 2019017146.033.23$552
Dec 20181046.594.19$47
Nov 20180052.934.24$0
Oct 201826061.443.40$327
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201811965.142.93$121
Jun 20180060.183.08$0
May 20182065.382.90$131
Apr 20182330563.842.90$2,353
Mar 2018351861.222.79$1,627
Feb 2018210061.782.77$400
Jan 20181133562.874.01$2,035
Dec 2017829757.272.92$1,326
Nov 2017730955.423.12$1,352
Oct 20171226549.292.98$1,382
Sep 2017512347.523.09$617
Aug 2017515045.373.00$678
Jul 2017715543.873.09$786
Jun 2017922642.493.09$1,080
May 20171323245.373.26$1,347
Apr 20171522247.933.21$1,432
Mar 20171240046.772.98$1,755
Feb 20172440350.452.95$2,401
Jan 20172545849.413.42$2,801
Dec 20162246548.763.72$2,804
Nov 20161947042.492.64$2,050
Oct 20163243446.193.09$2,819
Sep 20162128041.553.10$1,741
Aug 20161740341.442.92$1,883
Jul 20161450241.622.92$2,051
Jun 2016261,42645.352.69$5,009
May 2016211,77042.521.99$4,417
Apr 2016628036.561.99$777
Mar 20162139033.011.79$1,393
Feb 20162039426.472.06$1,342
Jan 20161945027.352.36$1,584
Dec 20151639132.362.00$1,300
Nov 20152237938.792.17$1,675
Oct 20151432143.552.43$1,389
Sep 20151731842.992.76$1,608
Aug 20151736740.162.87$1,737
Jul 20151953448.152.95$2,488
Jun 2015687756.152.88$2,865
May 20152055.212.96$110
Apr 20151230549.822.71$1,423
Mar 2015251,63642.892.93$5,873
Feb 20152385244.662.98$3,563
Jan 20153492143.433.10$4,332
Dec 20142873154.693.59$4,157
Nov 20141774070.464.25$4,344
Oct 20141680578.303.90$4,393
Sep 20141050786.164.05$2,913
Aug 20141243589.394.04$2,828
Jul 20141033596.564.18$2,366
Jun 20141553098.164.74$3,983
May 20142170894.734.73$5,336
Apr 20144578395.944.81$8,083
Mar 20142281,32695.895.06$28,568
Feb 20141901,00197.406.19$24,704
Jan 20142511,46690.404.86$29,816
Dec 20132881,72591.824.35$33,956
Nov 20131581,23288.853.74$18,644
Oct 201318645897.423.78$19,851
Sep 2013198724104.113.72$23,305
Aug 2013232667104.253.52$26,536
Jul 201326885102.523.72$5,956
Jun 2013889494.403.93$4,272
May 201382,21494.834.15$9,945
Apr 2013101,34993.964.28$6,717
Mar 2013131,11993.623.91$5,596
Feb 2013111,06191.233.42$4,632
Jan 2013211,13691.603.42$5,809
Dec 2012212,09286.773.42$8,977
Nov 2012191,12786.953.62$5,737
Oct 20121481789.383.40$4,029
Sep 20121178394.672.92$3,326
Aug 2012960392.662.91$2,588
Jul 2012256085.133.02$1,862
Jun 2012264679.822.52$1,787
May 201231,10791.612.49$3,029
Apr 201241,020101.652.00$2,443
Mar 201241,010105.052.22$2,665
Feb 201271,105101.102.57$3,548
Jan 201291,61898.092.73$5,307
Dec 201192,09296.873.24$7,649
Nov 2011885795.723.31$3,604
Oct 201161,11684.983.65$4,582
Sep 2011354583.623.99$2,423
Aug 2011255283.404.15$2,457
Jul 2011347694.144.52$2,433
Jun 2011252792.904.64$2,631
May 2011481198.134.40$3,965
Apr 20114864105.964.33$4,168
Mar 2011597696.364.06$4,442
Feb 2011683985.644.18$4,021
Jan 201181,12886.504.59$5,868
Dec 2010769885.734.35$3,635
Nov 2010658480.843.80$2,702
Oct 2010650878.103.51$2,251
Sep 2010649072.633.98$2,386
Aug 2010333073.684.42$1,679
Jul 2010347272.554.74$2,453
Jun 2010338070.364.91$2,077
May 2010454671.124.24$2,597
Apr 2010581481.694.12$3,764
Mar 2010132178.394.39$1,487
Feb 2010349473.585.44$2,909
Jan 2010257574.365.96$3,578
Dec 2009574171.445.48$4,421
Nov 2009473174.593.75$3,041
Oct 2009468172.544.11$3,089
Sep 2009447765.543.06$1,724
Aug 2009236567.423.22$1,310
Jul 2009040561.133.46$1,403
Jun 2009044266.163.90$1,722
May 2009056054.743.93$2,198
Apr 2009063946.773.59$2,292
Mar 200901,04742.144.06$4,250
Feb 2009083732.814.63$3,878
Jan 200921,06735.865.37$5,803
Dec 2008190737.105.98$5,458
Nov 2008192055.496.86$6,367
Oct 2008170975.246.92$4,983
Sep 20081321101.767.88$2,630
Aug 20081496114.228.48$4,322
Jul 20083732131.0811.39$8,730
Jun 20088619131.3313.03$9,118
May 20088802123.1711.57$10,268
Apr 20089774110.3110.45$9,085
Mar 20084864101.909.66$8,757
Feb 2008478992.538.77$7,290
Jan 2008379190.388.21$6,762
Dec 2007298288.337.30$7,347
Nov 2007283691.677.29$6,279
Oct 2007288382.856.92$6,278
Sep 2007278775.846.24$5,066
Aug 2007292169.066.39$6,021
Jul 2007281770.906.39$5,361
Jun 2007291462.007.55$7,023
May 200721,02258.747.85$8,136
Apr 200741,02159.617.81$8,208
Mar 2007101,17156.927.30$9,120
Feb 2007111,10155.108.22$9,652
Jan 200791,66350.306.73$11,639
Dec 200662,24956.656.92$15,899
Nov 200661,55054.207.62$12,132
Oct 200641,10154.906.01$6,841
Sep 2006294360.085.04$4,870
Aug 2006358468.717.34$4,493
Jul 2006353869.376.34$3,621
Jun 2006253866.286.38$3,567
May 2006357466.016.42$3,886
Apr 2006362264.397.36$4,771
Mar 2006371856.707.08$5,256
Feb 2006370957.597.75$5,668
Jan 2006386360.598.93$7,891
Dec 2005372654.9413.42$9,904
Nov 2005360254.6910.59$6,538
Oct 2005557958.3413.80$8,279
Sep 20051050261.4512.08$6,678
Aug 2005350761.519.80$5,152
Jul 2005351655.697.84$4,214
Jun 2005355152.337.38$4,224
May 2005678645.226.65$5,499
Apr 20051787649.207.36$7,284
Mar 2005211,08650.377.15$8,828
Feb 2005171,23445.226.31$8,558
Jan 2005201,02343.166.32$7,331
Dec 2004211,26539.866.75$9,377
Nov 2004211,17645.286.33$8,395
Oct 2004251,21349.706.52$9,145
Sep 2004241,06043.245.28$6,639
Aug 2004281,11442.375.55$7,370
Jul 2004271,06038.286.08$7,483
Jun 20041899236.106.43$7,031
May 2004231,04137.486.49$7,623
Apr 20042696934.475.86$6,573
Mar 20043593334.365.53$6,362
Feb 20043389532.455.51$6,002
Jan 2004551,06332.036.30$8,458
Dec 2003461,20430.266.30$8,979
Nov 2003301,18328.804.60$6,300
Oct 2003161,18128.174.76$6,072
Sep 2003171,47126.314.75$7,434
Aug 2003181,06629.765.13$6,004
Jul 2003231,12129.415.17$6,473
Jun 2003241,11628.565.98$7,362
May 2003221,22426.595.97$7,896
Apr 2003211,21126.675.41$7,108
Mar 2003201,17331.146.10$7,773
Feb 2003101,02733.487.93$8,475
Jan 2003131,16530.315.58$6,897
Dec 2002171,14126.914.85$5,996
Nov 2002241,31524.664.14$6,032
Oct 2002231,52926.464.23$7,075
Sep 2002211,44627.443.64$5,833
Aug 2002181,44125.963.16$5,027
Jul 2002201,47024.583.06$4,992
Jun 2002201,41723.733.34$5,205
May 2002251,51924.663.58$6,061
Apr 2002291,53223.653.51$6,067
Mar 2002261,52822.003.10$5,313
Feb 2002301,41618.222.38$3,911
Jan 2002321,53117.172.38$4,187
Dec 2001331,60316.932.36$4,349
Nov 2001211,69718.072.41$4,462
Oct 2001461,68819.782.53$5,179
Sep 2001141,40924.262.25$3,512
Aug 200151,41424.873.05$4,442
Jul 2001191,52723.933.20$5,337
Jun 200141,67124.563.82$6,488
May 2001211,73825.524.31$8,022
Apr 2001331,57924.685.34$9,239
Mar 2001531,86524.545.38$11,328
Feb 2001921,56827.755.77$11,596
Jan 2001491,72327.478.40$15,817
Dec 2000282,19526.889.12$20,777
Nov 2000122,36832.215.66$13,785
Oct 2000111,77831.235.15$9,492
Sep 2000101,79631.875.19$9,634
Aug 2000171,94029.644.54$9,313
Jul 2000131,93328.534.09$8,276
Jun 2000181,96829.304.40$9,181
May 2000302,25427.263.68$9,112
Apr 2000492,62324.513.12$9,374
Mar 2000642,81428.422.86$9,866
Feb 2000542,67527.622.73$8,785
Jan 2000343,10425.272.48$8,559
Dec 1999183,07524.282.42$7,890
Nov 1999213,09323.192.43$8,015
Oct 1999353,28820.982.80$9,953
Sep 1999403,32321.752.62$9,572
Aug 1999443,57119.262.88$11,116
Jul 1999484,16217.892.37$10,733
Jun 1999484,14715.942.36$10,561
May 1999544,62615.792.32$11,590
Apr 1999804,94215.102.21$12,120
Mar 1999235,42112.471.84$10,252
Feb 1999644,9749.981.82$9,680
Jan 1999765,71410.381.90$11,645
Dec 1998895,9629.201.77$11,391
Nov 1998786,77710.892.19$15,662
Oct 1998827,85012.421.97$16,477
Sep 19981238,01712.592.08$18,245
Aug 19981428,80011.301.91$18,389
Jul 199818910,43511.742.24$25,565
Jun 199823312,34011.242.24$30,227
May 199811310,32412.622.21$24,204
Apr 1998543,43213.042.51$9,302
Mar 1998503,45412.802.31$8,617
Feb 1998723,20613.952.30$8,375
Jan 1998844,62714.702.15$11,205
Dec 1997253,74316.322.41$9,433
Nov 1997423,84018.193.09$12,623
Oct 1997534,09419.253.15$13,916
Sep 1997464,20117.742.95$13,229
Aug 1997514,48217.862.55$12,361
Jul 1997264,41117.582.25$10,368
Jun 1997514,40517.242.26$10,822
May 1997504,74818.972.31$11,909
Apr 1997745,20017.882.08$12,154
Mar 19971195,77818.951.94$13,459
Feb 1997975,21520.492.21$13,491
Jan 1997736,00823.483.54$22,981
Dec 1996536,26923.32$1,236
Nov 1996566,80021.97$1,230
Oct 1996945,62923.31$2,191
Sep 19961146,93422.22$2,533
Aug 19961388,33720.26$2,796
Jul 19961338,85519.55$2,600
Jun 19961609,20618.73$2,997
May 199617210,54419.43$3,342
Apr 19962029,88721.51$4,345
Mar 199624311,16519.38$4,709
Feb 199630010,81416.98$5,094
Jan 199628613,22117.07$4,882
Dec 199572717,12017.19$12,497
Nov 199568215,77716.00$10,912
Oct 1995553,86215.43$849

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             0 bbl  × $106.41 =         $0
Gas                  194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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/156015 is the state's own key, not one this site invented.