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 156078District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Oct 1995 – May 2026
Value, last 12 filed months
$31 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 Gas111995-12-06133610
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
CondensateDisposition7,379 bbl$270,048
GasProduction659,423 Mcf$1,958,646
Total$2,228,694

151,971 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 28.3787, -98.4720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37872, -98.47200 · 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
10,195 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 10,195 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-31133084810,195 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 20267564106.413.05$2,463
Apr 2026261298.932.87$1,954
Mar 2026293889.753.15$3,134
Feb 2026260163.503.75$2,381
Jan 2026169859.138.00$5,642
Dec 202521,00956.664.41$4,566
Nov 2025387458.593.93$3,607
Oct 2025333659.383.30$1,289
Sep 2025650062.743.08$1,915
Aug 2025341263.933.01$1,434
Jul 20251066.743.32$67
Jun 2025870466.483.13$2,734
May 20251465060.553.23$2,949
Apr 2025861462.363.54$2,674
Mar 20251560367.704.27$3,589
Feb 20251987170.884.34$5,128
Jan 2025111,19974.324.28$5,948
Dec 2024828968.993.12$1,454
Nov 2024733569.052.20$1,220
Oct 20241162971.372.28$2,220
Sep 2024161,12369.612.36$3,769
Aug 20241489275.632.06$2,900
Jul 20241077179.932.15$2,454
Jun 2024221078.082.63$709
May 2024236578.812.20$960
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 20231077.892.81$78
Oct 20230085.443.09$0
Sep 202317489.042.74$291
Aug 202345780.522.67$474
Jul 2023725974.852.64$1,208
Jun 2023220168.962.26$592
May 2023725870.622.23$1,069
Apr 2023836178.122.24$1,433
Mar 2023842072.852.39$1,588
Feb 2023826375.112.47$1,249
Jan 2023515576.533.39$908
Dec 202249376.415.73$838
Nov 2022310285.005.65$831
Oct 2022313087.185.86$1,024
Sep 2022310784.888.16$1,128
Aug 2022314094.529.13$1,561
Jul 2022284101.587.54$837
Jun 20225159115.097.98$1,844
May 20224178109.378.43$1,939
Apr 20228242104.226.84$2,488
Mar 20225178108.885.08$1,448
Feb 2022729291.054.86$2,056
Jan 20221131281.844.54$2,316
Dec 2021612771.323.90$923
Nov 2021514377.435.24$1,136
Oct 2021725379.795.71$2,004
Sep 2021830869.865.35$2,207
Aug 2021323066.024.22$1,169
Jul 2021311670.783.98$674
Jun 2021543369.493.38$1,811
May 2021315963.483.02$670
Apr 2021739260.362.76$1,504
Mar 20211396461.302.72$3,416
Feb 2021855057.805.55$3,514
Jan 2021631350.412.81$1,182
Dec 2020774044.642.68$2,292
Nov 20201456638.772.71$2,075
Oct 20201655636.972.48$1,970
Sep 20201241937.091.99$1,279
Aug 2020962539.982.39$1,851
Jul 2020439338.371.83$871
Jun 20207034.901.69$244
May 202006416.921.81$116
Apr 202039814.751.80$221
Mar 202055730.341.86$258
Feb 2020424049.881.98$675
Jan 202044557.252.09$323
Dec 20194059.012.30$236
Nov 20192064855.302.75$2,888
Oct 20192055453.472.42$2,409
Sep 20191590455.052.66$3,228
Aug 20191258053.112.30$1,974
Jul 20191568056.272.46$2,517
Jun 20192059752.782.49$2,543
May 20192378658.482.74$3,499
Apr 20192371462.632.75$3,404
Mar 2019281,06056.803.06$4,836
Feb 20192373750.852.79$3,227
Jan 20192692946.033.23$4,196
Dec 20182475846.594.19$4,291
Nov 2018281,04352.934.24$5,901
Oct 20182769461.443.40$4,017
Sep 20182276059.543.11$3,672
Aug 20182372759.403.07$3,596
Jul 20183148565.142.93$3,441
Jun 20183467460.183.08$4,120
May 20183061565.382.90$3,745
Apr 20182882063.842.90$4,166
Mar 2018331,02261.222.79$4,868
Feb 20182158261.782.77$2,907
Jan 20183173762.874.01$4,904
Dec 20172864257.272.92$3,479
Nov 20172372455.423.12$3,532
Oct 20173875149.292.98$4,114
Sep 20172664447.523.09$3,224
Aug 20172153245.373.00$2,551
Jul 20172770343.873.09$3,355
Jun 20172767042.493.09$3,216
May 20172848745.373.26$2,860
Apr 20172745847.933.21$2,765
Mar 20172035546.772.98$1,995
Feb 20173449550.452.95$3,177
Jan 20173554349.413.42$3,586
Dec 20163154148.763.72$3,526
Nov 20162659642.492.64$2,681
Oct 20164456146.193.09$3,766
Sep 20164247441.553.10$3,215
Aug 20162761041.442.92$2,903
Jul 20162863641.622.92$3,025
Jun 20163361645.352.69$3,151
May 20162763342.521.99$2,408
Apr 20162661636.561.99$2,177
Mar 20163663433.011.79$2,326
Feb 20163255326.472.06$1,988
Jan 20162760627.352.36$2,171
Dec 2015751732.362.00$1,261
Nov 2015650038.792.17$1,316
Oct 20152462443.552.43$2,559
Sep 20153160742.992.76$3,007
Aug 20153066540.162.87$3,115
Jul 20153567848.152.95$3,682
Jun 20153767656.152.88$4,026
May 20153969755.212.96$4,213
Apr 20152958049.822.71$3,015
Mar 2015946842.892.93$1,759
Feb 20151241144.662.98$1,759
Jan 20151651343.433.10$2,286
Dec 20141255154.693.59$2,635
Nov 2014824070.464.25$1,584
Oct 20141433378.303.90$2,395
Sep 20141145886.164.05$2,801
Aug 20141245889.394.04$2,921
Jul 2014644596.564.18$2,439
Jun 2014545198.164.74$2,627
May 2014647194.734.73$2,795
Apr 2014545595.944.81$2,668
Mar 2014543795.895.06$2,689
Feb 2014338697.406.19$2,682
Jan 2014437290.404.86$2,170
Dec 2013536291.824.35$2,035
Nov 2013436688.853.74$1,724
Oct 2013839197.423.78$2,257
Sep 20137369104.113.72$2,101
Aug 20138399104.253.52$2,240
Jul 20135362102.523.72$1,858
Jun 2013329294.403.93$1,432
May 2013233394.834.15$1,571
Apr 2013334493.964.28$1,755
Mar 2013437293.623.91$1,830
Feb 2013335091.233.42$1,471
Jan 2013437591.603.42$1,649
Dec 2012437486.773.42$1,626
Nov 2012438386.953.62$1,736
Oct 2012438589.383.40$1,666
Sep 2012440594.672.92$1,561
Aug 2012524292.662.91$1,167
Jul 2012442185.133.02$1,612
Jun 2012348779.822.52$1,466
May 2012452991.612.49$1,683
Apr 20124446101.652.00$1,297
Mar 20124561105.052.22$1,667
Feb 20124474101.102.57$1,623
Jan 2012452598.092.73$1,828
Dec 2011452396.873.24$2,082
Nov 2011554095.723.31$2,267
Oct 2011459784.983.65$2,518
Sep 2011366283.623.99$2,889
Aug 2011474483.404.15$3,421
Jul 2011575494.144.52$3,877
Jun 2011672792.904.64$3,931
May 2011758598.134.40$3,264
Apr 20118515105.964.33$3,079
Mar 2011850896.364.06$2,832
Feb 2011756685.644.18$2,965
Jan 2011956386.504.59$3,362
Dec 20101057985.734.35$3,375
Nov 2010863880.843.80$3,068
Oct 2010965078.103.51$2,984
Sep 20101075672.633.98$3,735
Aug 20101073973.684.42$4,003
Jul 2010771872.554.74$3,909
Jun 2010571670.364.91$3,868
May 2010777071.124.24$3,759
Apr 2010669981.694.12$3,372
Mar 2010666778.394.39$3,398
Feb 2010554573.585.44$3,334
Jan 2010365274.365.96$4,112
Dec 2009141871.445.48$2,364
Nov 2009242374.593.75$1,736
Oct 2009524472.544.11$1,366
Sep 20091063965.543.06$2,614
Aug 2009667967.423.22$2,590
Jul 2009366561.133.46$2,487
Jun 2009370366.163.90$2,937
May 2009378354.743.93$3,238
Apr 2009375446.773.59$2,845
Mar 200931,00442.144.06$4,202
Feb 2009469332.814.63$3,342
Jan 20094375135.865.37$5,576
Dec 20082876737.105.98$5,623
Nov 20083267555.496.86$6,406
Oct 20083262975.246.92$6,762
Sep 200821878101.767.88$9,053
Aug 200831850114.228.48$10,751
Jul 200813889131.0811.39$11,829
Jun 20082773131.3313.03$10,337
May 20082713123.1711.57$8,499
Apr 20082717110.3110.45$7,717
Mar 20082738101.909.66$7,336
Feb 2008366692.538.77$6,119
Jan 20081086790.388.21$8,018
Dec 2007191,08588.337.30$9,601
Nov 2007181,11291.677.29$9,758
Oct 200781,00082.856.92$7,585
Sep 2007290375.846.24$5,790
Aug 200721,15369.066.39$7,503
Jul 200721,02570.906.39$6,689
Jun 2007296962.007.55$7,438
May 200731,05458.747.85$8,446
Apr 200741,08359.617.81$8,691
Mar 200781,16756.927.30$8,977
Feb 200781,17855.108.22$10,119
Jan 200772,91950.306.73$19,988
Dec 200662,83856.656.92$19,974
Nov 200671,49954.207.62$11,798
Oct 2006351,14054.906.01$8,777
Sep 20063397260.085.04$6,879
Aug 20063499168.717.34$9,610
Jul 2006121,05769.376.34$7,537
Jun 2006111,01666.286.38$7,215
May 2006101,08966.016.42$7,657
Apr 2006111,11564.397.36$8,915
Mar 2006121,22056.707.08$9,322
Feb 2006151,26257.597.75$10,646
Jan 2006201,44260.598.93$14,094
Dec 2005271,22654.9413.42$17,931
Nov 2005241,07554.6910.59$12,695
Oct 2005141,05158.3413.80$15,316
Sep 200541,03361.4512.08$12,723
Aug 2005131,00661.519.80$10,655
Jul 2005151,15055.697.84$9,856
Jun 2005171,22752.337.38$9,946
May 2005171,42945.226.65$10,273
Apr 2005131,46849.207.36$11,445
Mar 2005141,70150.377.15$12,876
Feb 2005111,53245.226.31$10,167
Jan 2005121,74243.166.32$11,531
Dec 2004131,75339.866.75$12,353
Nov 2004131,67045.286.33$11,160
Oct 200481,60949.706.52$10,880
Sep 200441,49043.245.28$8,046
Aug 200441,52242.375.55$8,618
Jul 200441,45938.286.08$9,030
Jun 200431,40236.106.43$9,127
May 200441,47637.486.49$9,736
Apr 200471,42034.475.86$8,560
Mar 200481,47634.365.53$8,437
Feb 200431,44432.455.51$8,053
Jan 200451,57232.036.30$10,063
Dec 200341,71030.266.30$10,897
Nov 200321,64128.804.60$7,598
Oct 200301,51128.174.76$7,192
Sep 200301,35826.314.75$6,450
Aug 200301,46429.765.13$7,510
Jul 200301,50829.415.17$7,798
Jun 200301,47128.565.98$8,801
May 200301,64726.595.97$9,837
Apr 200301,64526.675.41$8,895
Mar 200301,61331.146.10$9,833
Feb 200301,46833.487.93$11,635
Jan 200301,69530.315.58$9,462
Dec 200201,71126.914.85$8,305
Nov 200281,97524.664.14$8,368
Oct 2002132,15726.464.23$9,466
Sep 2002142,07027.443.64$7,909
Aug 200292,20725.963.16$7,217
Jul 200292,28424.583.06$7,214
Jun 2002272,17523.733.34$7,901
May 2002262,25524.663.58$8,723
Apr 2002262,40623.653.51$9,066
Mar 2002372,36022.003.10$8,136
Feb 2002392,12918.222.38$5,768
Jan 2002312,34317.172.38$6,098
Dec 2001182,31516.932.36$5,778
Nov 2001152,38418.072.41$6,006
Oct 2001292,64719.782.53$7,268
Sep 2001212,78824.262.25$6,786
Aug 200162,71724.873.05$8,445
Jul 2001183,11223.933.20$10,380
Jun 2001233,25724.563.82$13,020
May 2001363,50825.524.31$16,029
Apr 2001323,20624.685.34$17,895
Mar 2001503,70924.545.38$21,168
Feb 2001473,30927.755.77$20,388
Jan 2001453,77327.478.40$32,925
Dec 2000203,89226.889.12$36,042
Nov 2000183,89832.215.66$22,635
Oct 2000154,10331.235.15$21,580
Sep 200014,09631.875.19$21,276
Aug 2000204,29629.644.54$20,100
Jul 2000214,23228.534.09$17,907
Jun 2000274,29829.304.40$19,690
May 2000304,71227.263.68$18,157
Apr 2000294,73424.513.12$15,462
Mar 2000825,23728.422.86$17,307
Feb 2000745,27527.622.73$16,426
Jan 2000676,21025.272.48$17,097
Dec 1999736,44224.282.42$17,386
Nov 1999936,85923.192.43$18,851
Oct 1999596,85220.982.80$20,449
Sep 1999231,38821.752.62$4,135
Aug 1999151,87719.262.88$5,686
Jul 1999121,22617.892.37$3,123
Jun 1999131,29515.942.36$3,266
May 199931,46715.792.32$3,452
Apr 1999222,14715.102.21$5,073
Mar 1999222,48512.471.84$4,843
Feb 1999202,2779.981.82$4,339
Jan 1999242,51110.381.90$5,020
Dec 1998232,4909.201.77$4,627
Nov 1998262,83110.892.19$6,471
Oct 1998243,15212.421.97$6,505
Sep 1998223,45812.592.08$7,479
Aug 1998274,01411.301.91$7,961
Jul 1998474,53311.742.24$10,693
Jun 1998524,75811.242.24$11,229
May 1998515,46612.622.21$12,703
Apr 1998586,02113.042.51$15,841
Mar 1998926,54012.802.31$16,281
Feb 1998396,28813.952.30$15,001
Jan 1998456,90014.702.15$15,530
Dec 1997397,23616.322.41$18,083
Nov 1997607,01918.193.09$22,768
Oct 1997607,01919.253.15$23,264
Sep 1997588,94517.742.95$27,460
Aug 19977411,25717.862.55$30,080
Jul 19976310,09517.582.25$23,790
Jun 1997536,98817.242.26$16,687
May 1997537,67618.972.31$18,725
Apr 1997438,04517.882.08$17,525
Mar 1997358,67218.951.94$17,479
Feb 1997278,41320.492.21$19,111
Jan 1997419,36523.483.54$34,112
Dec 199601923.32$0
Nov 1996101,74821.97$220
Oct 1996507,68323.31$1,166
Sep 19961037,50522.22$2,289
Aug 1996755,89620.26$1,520
Jul 19961109,55719.55$2,151
Jun 199615211,22418.73$2,847
May 199614011,14019.43$2,720
Apr 19961579,96621.51$3,377
Mar 199617510,45619.38$3,392
Feb 19961319,17016.98$2,224
Jan 199616214,40717.07$2,765
Dec 199515117,76417.19$2,596
Nov 199513015,09016.00$2,080
Oct 199519820,34615.43$3,055

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             7 bbl  × $106.41 =       $745
Gas                  564 Mcf  × $  3.05 =     $1,718

────────────────────────────────────────────────────
Month total                                   $2,463

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/156078 is the state's own key, not one this site invented.