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 156049District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Oct 1995 – May 2026
Value, last 12 filed months
$22 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 Gas111995-12-06133802
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
CondensateDisposition4,099 bbl$128,212
GasProduction997,583 Mcf$2,466,178
Total$2,594,389

305,247 Mcf of this lease's gas, across 14 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 28.3711, -98.4847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37112, -98.48474 · 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
10,197 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 10,197 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-311331101910,197 ftOct 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 (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 20264298106.413.05$1,333
Apr 2026828298.932.87$1,601
Mar 2026925089.753.15$1,595
Feb 20261229363.503.75$1,861
Jan 20261034159.138.00$3,319
Dec 20251048556.664.41$2,707
Nov 20251186658.593.93$4,045
Oct 2025273759.383.30$2,554
Sep 2025238262.743.08$1,301
Aug 2025230363.933.01$1,041
Jul 202515866.743.32$259
Jun 2025115866.483.13$561
May 2025057560.553.23$1,859
Apr 2025068862.363.54$2,438
Mar 202501,46567.704.27$6,253
Feb 202501,36370.884.34$5,917
Jan 202501074.324.28$43
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202106063.483.02$181
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201919459.012.30$276
Nov 201919255.302.75$308
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201912856.803.06$143
Feb 201925750.852.79$261
Jan 201926146.033.23$289
Dec 201815446.594.19$273
Nov 20180052.934.24$0
Oct 201803261.443.40$109
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160442.521.99$8
Apr 201601136.561.99$22
Mar 201601133.011.79$20
Feb 201602326.472.06$47
Jan 201601127.352.36$26
Dec 20150432.362.00$8
Nov 20150538.792.17$11
Oct 20150943.552.43$22
Sep 201503042.992.76$83
Aug 201503640.162.87$103
Jul 201505248.152.95$153
Jun 201504256.152.88$121
May 201507555.212.96$222
Apr 201505549.822.71$149
Mar 201507242.892.93$211
Feb 201503444.662.98$101
Jan 201506243.433.10$192
Dec 201405054.693.59$180
Nov 2014114570.464.25$687
Oct 201415378.303.90$285
Sep 201409686.164.05$388
Aug 2014111589.394.04$553
Jul 2014111996.564.18$594
Jun 201408498.164.74$398
May 2014114594.734.73$780
Apr 2014012095.944.81$577
Mar 2014011195.895.06$561
Feb 201409697.406.19$594
Jan 2014012790.404.86$617
Dec 2013013691.824.35$592
Nov 2013014288.853.74$531
Oct 2013110397.423.78$487
Sep 20131162104.113.72$706
Aug 20131221104.253.52$883
Jul 20131192102.523.72$816
Jun 2013114494.403.93$661
May 2013120894.834.15$958
Apr 2013227493.964.28$1,361
Mar 2013332693.623.91$1,556
Feb 2013245991.233.42$1,752
Jan 2013226891.603.42$1,100
Dec 2012113286.773.42$538
Nov 2012225086.953.62$1,080
Oct 201214989.383.40$256
Sep 2012237094.672.92$1,269
Aug 20120792.662.91$20
Jul 2012121185.133.02$723
Jun 20120079.822.52$0
May 201204291.612.49$105
Apr 20121174101.652.00$449
Mar 20122303105.052.22$883
Feb 20124818101.102.57$2,507
Jan 20120298.092.73$5
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110183.404.15$4
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201102105.964.33$9
Mar 2011230896.364.06$1,442
Feb 20111031385.644.18$2,165
Jan 20112953686.504.59$4,968
Dec 20104587985.734.35$7,680
Nov 20101014580.843.80$1,359
Oct 2010501,22378.103.51$8,196
Sep 2010592,57972.633.98$14,548
Aug 2010553,04873.684.42$17,523
Jul 2010423,21372.554.74$18,265
Jun 2010393,13070.364.91$18,114
May 2010533,51371.124.24$18,648
Apr 2010503,97381.694.12$20,464
Mar 2010574,58478.394.39$24,586
Feb 2010493,94273.585.44$25,059
Jan 2010372,94874.365.96$20,333
Dec 200965,52371.445.48$30,715
Nov 200965,55374.593.75$21,280
Oct 200973,31372.544.11$14,125
Sep 200953,20265.543.06$10,141
Aug 200935,07967.423.22$16,549
Jul 200933,02961.133.46$10,677
Jun 200933,30366.163.90$13,064
May 200924,53254.743.93$17,901
Apr 200934,27846.773.59$15,488
Mar 200926,15942.144.06$25,084
Feb 200924,75632.814.63$22,100
Jan 200925,71535.865.37$30,767
Dec 200816,05037.105.98$36,199
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081812101.767.88$6,498
Aug 200811,153114.228.48$9,895
Jul 200811,333131.0811.39$15,313
Jun 200811,108131.3313.03$14,571
May 200811,317123.1711.57$15,367
Apr 200811,451110.3110.45$15,280
Mar 200821,782101.909.66$17,425
Feb 200821,60592.538.77$14,262
Jan 200821,74590.388.21$14,500
Dec 200721,31688.337.30$9,786
Nov 200721,22491.677.29$9,108
Oct 200731,06782.856.92$7,634
Sep 2007289575.846.24$5,740
Aug 200726769.066.39$566
Jul 2007289870.906.39$5,878
Jun 2007299362.007.55$7,620
May 200731,10758.747.85$8,862
Apr 200721,01159.617.81$8,010
Mar 200731,08056.927.30$8,057
Feb 2007398455.108.22$8,250
Jan 200731,06650.306.73$7,322
Dec 200631,12856.656.92$7,974
Nov 2006382954.207.62$6,477
Oct 200641,14654.906.01$7,111
Sep 200631,08260.085.04$5,630
Aug 200641,07468.717.34$8,158
Jul 200641,09869.376.34$7,242
Jun 200641,08266.286.38$7,172
May 200641,26866.016.42$8,411
Apr 200631,23664.397.36$9,291
Mar 200631,41456.707.08$10,185
Feb 200641,37457.597.75$10,880
Jan 200631,52360.598.93$13,787
Dec 200531,26854.9413.42$17,176
Nov 200531,09654.6910.59$11,769
Oct 200531,15858.3413.80$16,151
Sep 200541,00761.4512.08$12,409
Aug 200541,02861.519.80$10,317
Jul 200541,21355.697.84$9,737
Jun 200551,26252.337.38$9,577
May 200551,44945.226.65$9,864
Apr 200541,44349.207.36$10,818
Mar 200551,62850.377.15$11,900
Feb 200531,39845.226.31$8,960
Jan 2005395143.166.32$6,142
Dec 2004485839.866.75$5,952
Nov 2004382945.286.33$5,384
Oct 2004376349.706.52$5,120
Sep 2004268243.245.28$3,690
Aug 2004274842.375.55$4,237
Jul 2004363238.286.08$3,960
Jun 2004267736.106.43$4,427
May 2004258637.486.49$3,881
Apr 2004268034.475.86$4,053
Mar 2004374034.365.53$4,195
Feb 2004373232.455.51$4,130
Jan 2004588932.036.30$5,761
Dec 200341,00730.266.30$6,467
Nov 2003397028.804.60$4,544
Oct 2003289228.174.76$4,302
Sep 2003286626.314.75$4,166
Aug 2003294129.765.13$4,887
Jul 2003399229.415.17$5,218
Jun 200331,03028.565.98$6,248
May 2003297926.595.97$5,900
Apr 200331,16726.675.41$6,390
Mar 200331,23331.146.10$7,610
Feb 200331,16133.487.93$9,302
Jan 200331,32230.315.58$7,470
Dec 200231,32726.914.85$6,522
Nov 200231,64624.664.14$6,883
Oct 200231,81126.464.23$7,738
Sep 200231,82327.443.64$6,709
Aug 200231,85625.963.16$5,951
Jul 200232,07824.583.06$6,436
Jun 2002111,93323.733.34$6,714
May 200232,12924.663.58$7,704
Apr 200262,06123.653.51$7,381
Mar 200292,25022.003.10$7,179
Feb 200291,98818.222.38$4,887
Jan 2002112,33817.172.38$5,743
Dec 2001132,69016.932.36$6,580
Nov 2001133,76418.072.41$9,289
Oct 2001133,71419.782.53$9,649
Sep 200193,46524.262.25$8,019
Aug 200173,70324.873.05$11,480
Jul 200183,72423.933.20$12,097
Jun 200184,05724.563.82$15,711
May 2001164,47825.524.31$19,697
Apr 2001174,21824.685.34$22,924
Mar 2001254,62324.545.38$25,469
Feb 2001154,09127.755.77$24,009
Jan 2001124,53627.478.40$38,426
Dec 2000114,65226.889.12$42,734
Nov 2000104,51832.215.66$25,885
Oct 2000124,73131.235.15$24,718
Sep 2000124,95631.875.19$26,087
Aug 2000204,96229.644.54$23,124
Jul 2000134,52928.534.09$18,893
Jun 2000235,09929.304.40$23,095
May 2000355,73227.263.68$22,046
Apr 2000285,23824.513.12$17,008
Mar 2000255,74428.422.86$17,137
Feb 2000145,49427.622.73$15,366
Jan 2000176,24725.272.48$15,925
Dec 1999186,67124.282.42$16,606
Nov 1999196,87123.192.43$17,165
Oct 1999147,09820.982.80$20,194
Sep 1999148,24721.752.62$21,902
Aug 1999138,59919.262.88$24,978
Jul 1999159,25517.892.37$22,225
Jun 1999168,64815.942.36$20,682
May 1999169,45215.792.32$22,191
Apr 1999249,87015.102.21$22,156
Mar 19992010,19812.471.84$18,997
Feb 1999199,5819.981.82$17,606
Jan 19992311,49210.381.90$22,073
Dec 19982510,1099.201.77$18,156
Nov 19982911,18410.892.19$24,761
Oct 19982511,73412.421.97$23,417
Sep 1998209,31212.592.08$19,645
Aug 1998239,02211.301.91$17,468
Jul 1998249,07411.742.24$20,583
Jun 1998269,51411.242.24$21,578
May 19982910,66812.622.21$23,903
Apr 19983611,28613.042.51$28,745
Mar 19983110,57812.802.31$24,826
Feb 1998238,56213.952.30$20,006
Jan 1998279,97014.702.15$21,880
Dec 19972510,10116.322.41$24,763
Nov 19972610,38818.193.09$32,554
Oct 19972911,46419.253.15$36,668
Sep 1997309,87117.742.95$29,700
Aug 1997229,21217.862.55$23,927
Jul 19973012,40417.582.25$28,398
Jun 19973111,40017.242.26$26,267
May 19979312,81218.972.31$31,341
Apr 199713217,50817.882.08$38,825
Mar 199711214,37818.951.94$30,003
Feb 19975713,23020.492.21$30,352
Jan 199711815,17223.483.54$56,475
Dec 19968415,56023.32$1,959
Nov 19968514,60521.97$1,867
Oct 19968614,71623.31$2,005
Sep 19968116,27622.22$1,800
Aug 19969619,07120.26$1,945
Jul 19968919,60419.55$1,740
Jun 19969119,23318.73$1,704
May 19969621,64519.43$1,865
Apr 199612121,70121.51$2,603
Mar 199614424,54619.38$2,791
Feb 199615326,14316.98$2,598
Jan 199614531,94917.07$2,475
Dec 199512937,40217.19$2,218
Nov 19958022,79616.00$1,280
Oct 19950015.43$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             4 bbl  × $106.41 =       $426
Gas                  298 Mcf  × $  3.05 =       $908

────────────────────────────────────────────────────
Month total                                   $1,333

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/156049 is the state's own key, not one this site invented.