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 156050District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Oct 1995 – May 2026
Value, last 12 filed months
$3 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 Gas111995-12-06133800
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
CondensateDisposition3,576 bbl$105,988
GasProduction509,354 Mcf$1,443,796
Total$1,549,784

128,025 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 28.3748, -98.4726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37479, -98.47259 · 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
10,235 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 10,235 ft.

1 well

42-311331081710,235 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 2026052106.413.05$158
Apr 2026128998.932.87$928
Mar 2026013589.753.15$425
Feb 202607963.503.75$296
Jan 202602959.138.00$232
Dec 202507856.664.41$344
Nov 20250058.593.93$0
Oct 202502859.383.30$93
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202505866.743.32$192
Jun 2025024166.483.13$754
May 2025029260.553.23$944
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202503974.324.28$167
Dec 2024025468.993.12$793
Nov 2024037369.052.20$820
Oct 2024027871.372.28$634
Sep 2024028369.612.36$669
Aug 2024037675.632.06$776
Jul 2024030979.932.15$663
Jun 2024040278.082.63$1,059
May 2024021878.812.20$479
Apr 2024011884.451.66$196
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402973.023.30$96
Dec 2023038971.262.61$1,016
Nov 2023066077.892.81$1,853
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20231580.522.67$94
Jul 202319874.852.64$334
Jun 2023111068.962.26$317
May 2023219170.622.23$567
Apr 2023817378.122.24$1,012
Mar 2023816172.852.39$968
Feb 20231013075.112.47$1,072
Jan 2023714776.533.39$1,034
Dec 2022717176.415.73$1,515
Nov 202227485.005.65$588
Oct 2022011287.185.86$657
Sep 2022013984.888.16$1,135
Aug 2022014394.529.13$1,305
Jul 20220102101.587.54$769
Jun 20220193115.097.98$1,540
May 20221201109.378.43$1,804
Apr 20225199104.226.84$1,882
Mar 20224219108.885.08$1,547
Feb 2022412391.054.86$962
Jan 20221081.844.54$82
Dec 2021417371.323.90$960
Nov 2021418977.435.24$1,299
Oct 2021728179.795.71$2,164
Sep 2021715869.865.35$1,334
Aug 2021419166.024.22$1,070
Jul 2021315570.783.98$830
Jun 2021513469.493.38$800
May 2021310063.483.02$492
Apr 2021623260.362.76$1,002
Mar 2021910561.302.72$837
Feb 2021727957.805.55$1,952
Jan 2021517550.412.81$744
Dec 2020531444.642.68$1,063
Nov 2020026338.772.71$712
Oct 2020028236.972.48$699
Sep 2020027937.091.99$556
Aug 2020039339.982.39$937
Jul 2020023838.371.83$434
Jun 20201034.901.69$35
May 202002116.921.81$38
Apr 202011314.751.80$38
Mar 202021030.341.86$79
Feb 202001549.881.98$30
Jan 20201057.252.09$57
Dec 201926659.012.30$270
Nov 2019528555.302.75$1,060
Oct 201906453.472.42$155
Sep 20190055.052.66$0
Aug 201903753.112.30$85
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190658.482.74$16
Apr 20190062.632.75$0
Mar 201932256.803.06$238
Feb 20193450.852.79$164
Jan 2019412346.033.23$581
Dec 20181046.594.19$47
Nov 201833552.934.24$307
Oct 201802861.443.40$95
Sep 2018014959.543.11$463
Aug 2018028959.403.07$886
Jul 2018032665.142.93$956
Jun 2018125460.183.08$842
May 2018132965.382.90$1,020
Apr 2018133863.842.90$1,044
Mar 2018230161.222.79$961
Feb 2018143161.782.77$1,254
Jan 2018149262.874.01$2,035
Dec 2017140657.272.92$1,243
Nov 2017158055.423.12$1,864
Oct 2017148949.292.98$1,508
Sep 2017049947.523.09$1,541
Aug 2017055745.373.00$1,673
Jul 2017064343.873.09$1,985
Jun 2017025142.493.09$775
May 2017148145.373.26$1,615
Apr 2017149547.933.21$1,638
Mar 2017156446.772.98$1,730
Feb 2017229550.452.95$972
Jan 2017762349.413.42$2,476
Dec 2016939848.763.72$1,921
Nov 20161062642.492.64$2,080
Oct 20161283746.193.09$3,141
Sep 201644441.553.10$303
Aug 20161454041.442.92$2,159
Jul 20162476241.622.92$3,227
Jun 20162285545.352.69$3,294
May 20162778942.521.99$2,719
Apr 20162470836.561.99$2,287
Mar 201681,16133.011.79$2,347
Feb 2016274026.472.06$1,580
Jan 2016479727.352.36$1,994
Dec 201541,03932.362.00$2,209
Nov 201561,09538.792.17$2,606
Oct 2015383943.552.43$2,167
Sep 201541,11142.992.76$3,237
Aug 201531,09740.162.87$3,272
Jul 201531,16248.152.95$3,567
Jun 201521,49556.152.88$4,422
May 2015275555.212.96$2,342
Apr 2015485649.822.71$2,516
Mar 2015392342.892.93$2,837
Feb 201521,10544.662.98$3,378
Jan 201501,09343.433.10$3,389
Dec 201401,16454.693.59$4,180
Nov 201401,07870.464.25$4,583
Oct 201401,08078.303.90$4,213
Sep 2014085686.164.05$3,463
Aug 2014013989.394.04$561
Jul 20140096.564.18$0
Jun 2014014798.164.74$696
May 201409494.734.73$444
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014028897.406.19$1,783
Jan 2014079390.404.86$3,855
Dec 2013078591.824.35$3,418
Nov 2013079788.853.74$2,979
Oct 2013098797.423.78$3,730
Sep 20130660104.113.72$2,454
Aug 20130687104.253.52$2,420
Jul 20132664102.523.72$2,674
Jun 2013362394.403.93$2,734
May 2013364294.834.15$2,948
Apr 2013472893.964.28$3,494
Mar 2013694693.623.91$4,263
Feb 2013489791.233.42$3,433
Jan 2013591191.603.42$3,574
Dec 201251,01386.773.42$3,898
Nov 2012496686.953.62$3,850
Oct 2012141889.383.40$1,510
Sep 2012235994.672.92$1,237
Aug 2012333492.662.91$1,249
Jul 2012233885.133.02$1,191
Jun 2012234179.822.52$1,019
May 2012237691.612.49$1,119
Apr 20122347101.652.00$896
Mar 20123407105.052.22$1,220
Feb 20123417101.102.57$1,375
Jan 2012446998.092.73$1,675
Dec 2011449896.873.24$2,001
Nov 2011440895.723.31$1,734
Oct 2011341484.983.65$1,765
Sep 2011239383.623.99$1,734
Aug 2011238183.404.15$1,748
Jul 2011346794.144.52$2,392
Jun 2011124692.904.64$1,234
May 2011238798.134.40$1,901
Apr 20112392105.964.33$1,911
Mar 2011242596.364.06$1,917
Feb 2011248485.644.18$2,194
Jan 2011354886.504.59$2,774
Dec 2010347385.734.35$2,314
Nov 2010348880.843.80$2,095
Oct 2010349078.103.51$1,954
Sep 2010344372.633.98$1,981
Aug 2010242473.684.42$2,021
Jul 2010242372.554.74$2,149
Jun 2010143770.364.91$2,216
May 2010245771.124.24$2,078
Apr 2010247381.694.12$2,113
Mar 2010251778.394.39$2,426
Feb 2010248573.585.44$2,787
Jan 2010247874.365.96$3,000
Dec 2009446971.445.48$2,858
Nov 2009343274.593.75$1,844
Oct 2009440272.544.11$1,942
Sep 2009345465.543.06$1,588
Aug 2009247867.423.22$1,673
Jul 2009248761.133.46$1,809
Jun 2009247266.163.90$1,971
May 2009248854.743.93$2,025
Apr 2009235246.773.59$1,356
Mar 2009124142.144.06$1,020
Feb 20090232.814.63$9
Jan 20090235.865.37$11
Dec 20080437.105.98$24
Nov 20080155.496.86$7
Oct 2008167175.246.92$4,720
Sep 20081802101.767.88$6,419
Aug 20081420114.228.48$3,677
Jul 20081737131.0811.39$8,525
Jun 20081573131.3313.03$7,599
May 20081703123.1711.57$8,260
Apr 200821,247110.3110.45$13,258
Mar 200811,219101.909.66$11,882
Feb 2008282092.538.77$7,377
Jan 2008285190.388.21$7,164
Dec 2007268388.337.30$5,164
Nov 2007265891.677.29$4,981
Oct 2007367582.856.92$4,921
Sep 2007561675.846.24$4,226
Aug 200754769.066.39$646
Jul 2007467170.906.39$4,570
Jun 2007278862.007.55$6,072
May 2007388058.747.85$7,081
Apr 2007578759.617.81$6,441
Mar 2007983956.927.30$6,639
Feb 20071073255.108.22$6,565
Jan 200771,05150.306.73$7,422
Dec 2006381956.656.92$5,836
Nov 2006361654.207.62$4,855
Oct 20061491954.906.01$6,295
Sep 20062892160.085.04$6,322
Aug 2006341,19868.717.34$11,129
Jul 2006362,75369.376.34$19,959
Jun 2006125166.286.38$1,669
May 2006112866.016.42$888
Apr 2006351264.397.36$3,962
Mar 200631,06456.707.08$7,706
Feb 200631,18857.597.75$9,381
Jan 2006362560.598.93$5,765
Dec 2005362054.9413.42$8,482
Nov 2005245254.6910.59$4,895
Oct 2005260058.3413.80$8,394
Sep 2005373861.4512.08$9,099
Aug 2005349861.519.80$5,063
Jul 2005357755.697.84$4,693
Jun 2005470452.337.38$5,406
May 2005482345.226.65$5,655
Apr 2005495749.207.36$7,241
Mar 200551,66750.377.15$12,179
Feb 200531,47945.226.31$9,471
Jan 200571,70043.166.32$11,050
Dec 2004132,05039.866.75$14,358
Nov 2004121,53645.286.33$10,267
Oct 2004142,08749.706.52$14,293
Sep 2004111,63543.245.28$9,115
Aug 2004112,03042.375.55$11,734
Jul 2004111,84338.286.08$11,634
Jun 200471,44036.106.43$9,516
May 2004101,70437.486.49$11,442
Apr 200491,31134.475.86$7,991
Mar 2004201,68934.365.53$10,028
Feb 2004171,50232.455.51$8,827
Jan 2004271,49632.036.30$10,289
Dec 2003131,86230.266.30$12,127
Nov 200391,72128.804.60$8,167
Oct 200381,79228.174.76$8,755
Sep 200391,79026.314.75$8,738
Aug 200391,78829.765.13$9,440
Jul 200381,50929.415.17$8,038
Jun 200331,90328.565.98$11,471
May 200331,96326.595.97$11,804
Apr 200331,85326.675.41$10,100
Mar 200331,63031.146.10$10,030
Feb 200331,44633.487.93$11,561
Jan 2003101,68330.315.58$9,698
Dec 2002331,70226.914.85$9,149
Nov 2002391,65824.664.14$7,821
Oct 200281,53726.464.23$6,712
Sep 200281,41527.443.64$5,363
Aug 2002101,30425.963.16$4,386
Jul 2002411,36324.583.06$5,181
Jun 2002221,26423.733.34$4,742
May 200241,30324.663.58$4,769
Apr 200221,36323.653.51$4,835
Mar 200221,45422.003.10$4,555
Feb 200231,34618.222.38$3,252
Jan 200261,54917.172.38$3,783
Dec 200161,58816.932.36$3,856
Nov 200141,77118.072.41$4,332
Oct 200181,76919.782.53$4,632
Sep 200161,54724.262.25$3,628
Aug 200141,55924.873.05$4,859
Jul 200141,73823.933.20$5,652
Jun 200131,70124.563.82$6,579
May 200171,84925.524.31$8,143
Apr 200191,79224.685.34$9,783
Mar 2001171,65224.545.38$9,299
Feb 200181,74127.755.77$10,262
Jan 200132,36827.478.40$19,971
Dec 200021,93926.889.12$17,742
Nov 200022,24932.215.66$12,789
Oct 2000252,12531.235.15$11,715
Sep 200082,31331.875.19$12,251
Aug 2000172,42029.644.54$11,493
Jul 2000322,44228.534.09$10,900
Jun 2000362,47929.304.40$11,956
May 2000162,82627.263.68$10,835
Apr 2000172,89624.513.12$9,441
Mar 2000242,76228.422.86$8,581
Feb 2000132,97427.622.73$8,468
Jan 2000173,61825.272.48$9,404
Dec 1999183,25824.282.42$8,334
Nov 1999193,18123.192.43$8,183
Oct 1999143,65020.982.80$10,527
Sep 1999173,67721.752.62$9,999
Aug 1999264,32819.262.88$12,946
Jul 1999204,49817.892.37$11,029
Jun 1999294,54315.942.36$11,193
May 1999435,11215.792.32$12,544
Apr 1999295,15315.102.21$11,816
Mar 1999215,68712.471.84$10,716
Feb 1999205,3719.981.82$9,963
Jan 1999256,42010.381.90$12,457
Dec 1998266,5569.201.77$11,865
Nov 1998257,39110.892.19$16,427
Oct 1998176,23112.421.97$12,481
Sep 1998114,04412.592.08$8,561
Aug 1998144,79711.301.91$9,308
Jul 1998134,47211.742.24$10,158
Jun 1998185,83711.242.24$13,261
May 1998144,60912.622.21$10,346
Apr 1998262,49613.042.51$6,592
Mar 1998222,26712.802.31$5,517
Feb 1998211,88513.952.30$4,627
Jan 1998242,82914.702.15$6,449
Dec 1997243,12116.322.41$7,917
Nov 1997263,25418.193.09$10,522
Oct 1997283,46719.253.15$11,459
Sep 1997354,42617.742.95$13,699
Aug 1997233,52317.862.55$9,411
Jul 1997243,65317.582.25$8,630
Jun 1997273,68617.242.26$8,786
May 1997223,98018.972.31$9,605
Apr 1997234,16117.882.08$9,078
Mar 1997314,54218.951.94$9,395
Feb 1997263,96920.492.21$9,288
Jan 1997364,68223.483.54$17,418
Dec 1996335,14523.32$770
Nov 1996284,44321.97$615
Oct 1996304,59223.31$699
Sep 1996466,39322.22$1,022
Aug 1996677,34620.26$1,357
Jul 1996637,57719.55$1,232
Jun 1996777,89318.73$1,442
May 1996798,72019.43$1,535
Apr 19961018,86021.51$2,173
Mar 19961068,84819.38$2,054
Feb 19961459,30616.98$2,462
Jan 199614912,17117.07$2,543
Dec 199516818,12917.19$2,888
Nov 199517518,60216.00$2,800
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             0 bbl  × $106.41 =         $0
Gas                   52 Mcf  × $  3.05 =       $158

────────────────────────────────────────────────────
Month total                                     $158

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/156050 is the state's own key, not one this site invented.