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 156051District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Oct 1995 – May 2026
Value, last 12 filed months
$24 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 Gas111995-12-06133801
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
CondensateDisposition5,315 bbl$215,873
GasProduction715,153 Mcf$2,065,766
Total$2,281,639

200,886 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 28.3712, -98.4766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37121, -98.47658 · 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
10,224 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 10,224 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-311331091810,224 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 20269251106.413.05$1,722
Apr 20261147798.932.87$2,457
Mar 2026934489.753.15$1,891
Feb 2026945263.503.75$2,267
Jan 2026644559.138.00$3,914
Dec 2025633756.664.41$1,827
Nov 2025863058.593.93$2,942
Oct 2025661859.383.30$2,399
Sep 2025225062.743.08$895
Aug 2025210763.933.01$450
Jul 2025249366.743.32$1,768
Jun 2025252666.483.13$1,779
May 2025190960.553.23$2,999
Apr 2025193962.363.54$3,389
Mar 2025171667.704.27$3,124
Feb 2025175470.884.34$3,344
Jan 2025060574.324.28$2,589
Dec 2024025968.993.12$808
Nov 2024017269.052.20$378
Oct 2024149271.372.28$1,194
Sep 2024122469.612.36$599
Aug 2024147075.632.06$1,046
Jul 2024281179.932.15$1,901
Jun 202421,04478.082.63$2,906
May 2024297678.812.20$2,303
Apr 2024237784.451.66$794
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202403573.023.30$115
Dec 2023634071.262.61$1,315
Nov 2023557077.892.81$1,990
Oct 20231085.443.09$85
Sep 2023430589.042.74$1,190
Aug 202391280.522.67$757
Jul 20231071874.852.64$2,645
Jun 2023697168.962.26$2,607
May 20232345570.622.23$2,638
Apr 2023281,09578.122.24$4,638
Mar 20232023972.852.39$2,029
Feb 2023401,03875.112.47$5,564
Jan 20232593376.533.39$5,074
Dec 20221945076.415.73$4,030
Nov 20223085.005.65$255
Oct 20221088987.185.86$6,085
Sep 20221477684.888.16$7,523
Aug 20221460294.529.13$6,818
Jul 202211662101.587.54$6,110
Jun 202212553115.097.98$5,792
May 2022101,064109.378.43$10,066
Apr 202218901104.226.84$8,037
Mar 202215712108.885.08$5,248
Feb 2022939291.054.86$2,724
Jan 20221123581.844.54$1,967
Dec 2021854871.323.90$2,707
Nov 2021844877.435.24$2,966
Oct 2021131,02079.795.71$6,865
Sep 20211459769.865.35$4,173
Aug 2021556366.024.22$2,706
Jul 2021750670.783.98$2,510
Jun 20211244469.493.38$2,335
May 2021630063.483.02$1,286
Apr 20211229560.362.76$1,538
Mar 20212734161.302.72$2,582
Feb 20211651857.805.55$3,799
Jan 20211146250.412.81$1,853
Dec 20201039344.642.68$1,498
Nov 2020523638.772.71$833
Oct 2020740836.972.48$1,270
Sep 2020435037.091.99$845
Aug 2020268039.982.39$1,702
Jul 2020248838.371.83$967
Jun 20203034.901.69$105
May 2020010616.921.81$192
Apr 202029414.751.80$199
Mar 202022230.341.86$102
Feb 2020333349.881.98$809
Jan 2020319757.252.09$584
Dec 2019116559.012.30$439
Nov 2019246555.302.75$1,390
Oct 201919253.472.42$276
Sep 2019219255.052.66$620
Aug 2019229453.112.30$784
Jul 2019448556.272.46$1,418
Jun 2019852252.782.49$1,723
May 20191247458.482.74$2,001
Apr 20191438762.632.75$1,941
Mar 20191733656.803.06$1,994
Feb 20191327950.852.79$1,440
Jan 20191327346.033.23$1,480
Dec 20181242646.594.19$2,342
Nov 20181038552.934.24$2,161
Oct 2018133761.443.40$1,207
Sep 2018135659.543.11$1,166
Aug 2018165959.403.07$2,080
Jul 2018150465.142.93$1,543
Jun 2018152360.183.08$1,669
May 2018142565.382.90$1,298
Apr 2018126763.842.90$838
Mar 2018231861.222.79$1,009
Feb 2018127861.782.77$831
Jan 2018131962.874.01$1,342
Dec 2017127657.272.92$864
Nov 2017141755.423.12$1,356
Oct 2017236549.292.98$1,188
Sep 2017140247.523.09$1,289
Aug 2017124945.373.00$793
Jul 2017129543.873.09$955
Jun 2017129742.493.09$959
May 2017129145.373.26$995
Apr 2017125847.933.21$877
Mar 2017130546.772.98$957
Feb 2017133650.452.95$1,043
Jan 2017131149.413.42$1,113
Dec 2016130648.763.72$1,188
Nov 2016125942.492.64$727
Oct 2016241746.193.09$1,381
Sep 2016228541.553.10$967
Aug 2016420741.442.92$771
Jul 2016941841.622.92$1,597
Jun 20161644245.352.69$1,913
May 20162038842.521.99$1,623
Apr 20161244736.561.99$1,329
Mar 20162632733.011.79$1,445
Feb 20163739426.472.06$1,792
Jan 2016583,69527.352.36$10,323
Dec 2015531,36732.362.00$4,451
Nov 2015492,88438.792.17$8,151
Oct 20151043.552.43$44
Sep 20151429642.992.76$1,418
Aug 20151022540.162.87$1,048
Jul 2015638948.152.95$1,435
Jun 2015249656.152.88$1,542
May 2015259755.212.96$1,875
Apr 2015241249.822.71$1,215
Mar 2015246042.892.93$1,436
Feb 20151149744.662.98$1,970
Jan 20154955443.433.10$3,846
Dec 20146433754.693.59$4,710
Nov 20147339170.464.25$6,806
Oct 20147935978.303.90$7,586
Sep 20149974486.164.05$11,540
Aug 20145785889.394.04$8,557
Jul 20143096.564.18$290
Jun 20146019598.164.74$6,813
May 20141001,25994.734.73$15,424
Apr 201423,02895.944.81$14,754
Mar 201423,14795.895.06$16,106
Feb 201422,95497.406.19$18,486
Jan 201422,83190.404.86$13,942
Dec 201322,75891.824.35$12,193
Nov 201322,87888.853.74$10,936
Oct 201333,31197.423.78$12,806
Sep 201323,633104.113.72$13,715
Aug 201333,919104.253.52$14,118
Jul 201353,738102.523.72$14,410
Jun 201363,34894.403.93$13,735
May 201353,73594.834.15$15,971
Apr 2013582993.964.28$4,020
Mar 2013571193.623.91$3,250
Feb 2013374891.233.42$2,832
Jan 2013283791.603.42$3,046
Dec 2012287286.773.42$3,156
Nov 2012385586.953.62$3,360
Oct 2012273489.383.40$2,674
Sep 2012395594.672.92$3,071
Aug 2012482892.662.91$2,779
Jul 2012392285.133.02$3,041
Jun 2012280979.822.52$2,198
May 2012383791.612.49$2,358
Apr 20123928101.652.00$2,158
Mar 20123927105.052.22$2,375
Feb 20123855101.102.57$2,501
Jan 2012396298.092.73$2,924
Dec 2011390296.873.24$3,213
Nov 2011490195.723.31$3,366
Oct 201141,17584.983.65$4,627
Sep 201121,04783.623.99$4,340
Aug 201121,08283.404.15$4,656
Jul 201131,11094.144.52$5,297
Jun 2011297992.904.64$4,728
May 201131,30098.134.40$6,021
Apr 201131,373105.964.33$6,267
Mar 201131,60596.364.06$6,801
Feb 201131,55985.644.18$6,774
Jan 201141,94286.504.59$9,257
Dec 201041,62285.734.35$7,395
Nov 201041,99880.843.80$7,906
Oct 201042,05078.103.51$7,506
Sep 201041,97572.633.98$8,150
Aug 201042,04273.684.42$9,319
Jul 201021,67272.554.74$8,065
Jun 201021,90670.364.91$9,500
May 201022,06771.124.24$8,896
Apr 201022,10481.694.12$8,838
Mar 201032,21978.394.39$9,974
Feb 201021,40273.585.44$7,777
Jan 201032,05774.365.96$12,491
Dec 200942,02071.445.48$11,363
Nov 2009140574.593.75$1,594
Oct 200961,62572.544.11$7,114
Sep 200952,42665.543.06$7,763
Aug 200932,28167.423.22$7,544
Jul 200923,44661.133.46$12,061
Jun 200933,65666.163.90$14,439
May 200933,44454.743.93$13,685
Apr 200943,95046.773.59$14,358
Mar 200926,01842.144.06$24,511
Feb 200924,70932.814.63$21,882
Jan 200925,70035.865.37$30,686
Dec 200816,63937.105.98$39,719
Nov 200818,75655.496.86$60,125
Oct 20080075.246.92$0
Sep 20081343101.767.88$2,804
Aug 20081622114.228.48$5,391
Jul 200811,397131.0811.39$16,042
Jun 200811,084131.3313.03$14,259
May 200821,589123.1711.57$18,638
Apr 200821,815110.3110.45$19,196
Mar 200811,180101.909.66$11,506
Feb 200841,22992.538.77$11,149
Jan 2008191,37190.388.21$12,967
Dec 2007441,15788.337.30$12,335
Nov 2007451,32091.677.29$13,750
Oct 2007321,46482.856.92$12,785
Sep 200721,39575.846.24$8,862
Aug 2007311169.066.39$916
Jul 200741,62670.906.39$10,670
Jun 200752,17662.007.55$16,735
May 2007573258.747.85$6,037
Apr 2007480459.617.81$6,514
Mar 2007385956.927.30$6,443
Feb 2007373555.108.22$6,204
Jan 2007379450.306.73$5,492
Dec 2006386756.656.92$6,168
Nov 2006364054.207.62$5,038
Oct 2006692354.906.01$5,880
Sep 2006690660.085.04$4,924
Aug 2006897168.717.34$7,677
Jul 200651,20069.376.34$7,958
Jun 200641,99766.286.38$13,014
May 200641,15866.016.42$7,704
Apr 2006398864.397.36$7,465
Mar 200631,05056.707.08$7,607
Feb 2006497657.597.75$7,795
Jan 200631,08460.598.93$9,865
Dec 2005389254.9413.42$12,131
Nov 2005379854.6910.59$8,614
Oct 2005384658.3413.80$11,846
Sep 2005477561.4512.08$9,607
Aug 2005381361.519.80$8,149
Jul 2005499355.697.84$8,011
Jun 200551,04552.337.38$7,975
May 200551,18445.226.65$8,101
Apr 200541,39249.207.36$10,443
Mar 200552,12550.377.15$15,456
Feb 200591,00145.226.31$6,725
Jan 2005421,16543.166.32$9,178
Dec 2004431,31439.866.75$10,585
Nov 2004421,50945.286.33$11,454
Oct 2004441,14049.706.52$9,614
Sep 2004361,03743.245.28$7,036
Aug 2004351,10942.375.55$7,639
Jul 2004281,81838.286.08$12,133
Jun 2004592236.106.43$6,112
May 2004686437.486.49$5,836
Apr 2004683934.475.86$5,122
Mar 2004788834.365.53$5,151
Feb 2004686532.455.51$4,961
Jan 2004897332.036.30$6,386
Dec 2003499630.266.30$6,397
Nov 2003392928.804.60$4,355
Oct 2003286328.174.76$4,164
Sep 2003276726.314.75$3,695
Aug 2003488229.765.13$4,643
Jul 2003201,12529.415.17$6,405
Jun 20034078828.565.98$5,857
May 20033792926.595.97$6,532
Apr 20032496426.675.41$5,853
Mar 2003693831.146.10$5,905
Feb 2003583033.487.93$6,746
Jan 2003695930.315.58$5,535
Dec 20021198926.914.85$5,096
Nov 2002111,14424.664.14$5,004
Oct 200241,35226.464.23$5,824
Sep 2002241,21927.443.64$5,090
Aug 200291,28425.963.16$4,296
Jul 200241,33624.583.06$4,189
Jun 2002231,31223.733.34$4,926
May 200231,27324.663.58$4,636
Apr 200271,65423.653.51$5,975
Mar 2002182,22222.003.10$7,290
Feb 200271,32518.222.38$3,275
Jan 200242,00917.172.38$4,841
Dec 200131,41316.932.36$3,392
Nov 2001101,48118.072.41$3,743
Oct 200161,32919.782.53$3,480
Sep 200131,35524.262.25$3,123
Aug 200131,56424.873.05$4,850
Jul 200161,85723.933.20$6,081
Jun 200161,84824.563.82$7,214
May 200162,24425.524.31$9,819
Apr 200172,03224.685.34$11,014
Mar 2001102,10924.545.38$11,584
Feb 200151,90127.755.77$11,102
Jan 200121,62827.478.40$13,728
Dec 200031,75126.889.12$16,054
Nov 200032,16232.215.66$12,329
Oct 200082,18231.235.15$11,477
Sep 200072,39431.875.19$12,640
Aug 200092,21729.644.54$10,334
Jul 200092,11628.534.09$8,911
Jun 2000152,45529.304.40$11,235
May 2000152,20327.263.68$8,515
Apr 2000142,41324.513.12$7,862
Mar 2000212,54428.422.86$7,872
Feb 2000132,37327.622.73$6,829
Jan 2000132,57925.272.48$6,726
Dec 1999182,57724.282.42$6,683
Nov 1999182,50723.192.43$6,519
Oct 1999142,70020.982.80$7,864
Sep 1999132,71121.752.62$7,382
Aug 1999133,03119.262.88$8,966
Jul 1999153,19917.892.37$7,858
Jun 1999163,31615.942.36$8,088
May 1999212,54915.792.32$6,248
Apr 1999172,89115.102.21$6,640
Mar 1999142,92212.471.84$5,546
Feb 1999153,1889.981.82$5,945
Jan 1999153,14710.381.90$6,135
Dec 1998203,4249.201.77$6,256
Nov 1998243,90610.892.19$8,799
Oct 1998224,30112.421.97$8,743
Sep 1998234,61212.592.08$9,895
Aug 1998265,02911.301.91$9,886
Jul 1998285,20211.742.24$11,967
Jun 1998295,24111.242.24$12,051
May 1998305,24612.622.21$11,953
Apr 1998264,30113.042.51$11,114
Mar 1998254,43212.802.31$10,555
Feb 1998714,05013.952.30$10,302
Jan 1998834,65914.702.15$11,259
Dec 1997784,93216.322.41$13,165
Nov 1997304,62618.193.09$14,832
Oct 1997345,11319.253.15$16,760
Sep 1997405,23817.742.95$16,187
Aug 1997325,46817.862.55$14,541
Jul 1997335,48917.582.25$12,914
Jun 1997385,74817.242.26$13,630
May 1997235,99218.972.31$14,269
Apr 1997256,46917.882.08$13,921
Mar 1997277,16118.951.94$14,398
Feb 1997236,61020.492.21$15,052
Jan 1997437,67623.483.54$28,180
Dec 1996528,66323.32$1,213
Nov 1996629,35321.97$1,362
Oct 1996568,64223.31$1,305
Sep 1996559,61822.22$1,222
Aug 1996529,16220.26$1,054
Jul 19965310,42619.55$1,036
Jun 19965910,50318.73$1,105
May 19966512,35119.43$1,263
Apr 19968513,03021.51$1,828
Mar 199610715,38619.38$2,074
Feb 199612217,01816.98$2,072
Jan 199612422,21117.07$2,117
Dec 199523927,01617.19$4,108
Nov 199524727,50716.00$3,952
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             9 bbl  × $106.41 =       $958
Gas                  251 Mcf  × $  3.05 =       $765

────────────────────────────────────────────────────
Month total                                   $1,722

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/156051 is the state's own key, not one this site invented.