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 156087District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Sep 1995 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
369
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 Gas111995-12-07133648
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
CondensateDisposition3,778 bbl$127,075
GasProduction800,899 Mcf$2,384,726
Total$2,511,801

186,014 Mcf of this lease's gas, across 16 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 28.3706, -98.4805. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37060, -98.48055 · 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
Sep 1995
1 of 1 wells

1 well

42-311330991010,195 ftSep 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 (369)

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

369 months

May 20262145106.413.05$654
Apr 2026026998.932.87$772
Mar 2026018889.753.15$592
Feb 2026030563.503.75$1,144
Jan 2026011259.138.00$896
Dec 2025150356.664.41$2,277
Nov 2025142158.593.93$1,712
Oct 2025138659.383.30$1,335
Sep 2025116562.743.08$570
Aug 2025128463.933.01$920
Jul 202517966.743.32$329
Jun 2025345166.483.13$1,610
May 2025547860.553.23$1,848
Apr 2025311762.363.54$602
Mar 20251072967.704.27$3,789
Feb 20251047570.884.34$2,771
Jan 2025449974.324.28$2,432
Dec 2024727168.993.12$1,329
Nov 2024637169.052.20$1,230
Oct 2024964571.372.28$2,114
Sep 2024632869.612.36$1,193
Aug 2024563075.632.06$1,678
Jul 2024957879.932.15$1,960
Jun 2024741278.082.63$1,632
May 2024750378.812.20$1,657
Apr 2024467484.451.66$1,456
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202403273.023.30$106
Dec 2023756571.262.61$1,974
Nov 2023398977.892.81$3,010
Oct 20231085.443.09$85
Sep 20230089.042.74$0
Aug 202341480.522.67$360
Jul 2023464174.852.64$1,993
Jun 2023277168.962.26$1,879
May 2023577570.622.23$2,079
Apr 2023325778.122.24$809
Mar 2023658772.852.39$1,842
Feb 2023961575.112.47$2,192
Jan 2023892876.533.39$3,756
Dec 2022883276.415.73$5,378
Nov 2022458485.005.65$3,637
Oct 2022490487.185.86$5,650
Sep 2022594284.888.16$8,115
Aug 2022572194.529.13$7,053
Jul 20224693101.587.54$5,633
Jun 20226679115.097.98$6,107
May 20223567109.378.43$5,110
Apr 20225699104.226.84$5,301
Mar 20223394108.885.08$2,327
Feb 2022426891.054.86$1,666
Jan 2022754781.844.54$3,055
Dec 2021436171.323.90$1,693
Nov 2021446277.435.24$2,729
Oct 2021758079.795.71$3,873
Sep 2021753469.865.35$3,346
Aug 2021448166.024.22$2,294
Jul 2021460370.783.98$2,684
Jun 2021645669.493.38$1,959
May 2021455263.483.02$1,920
Apr 2021754760.362.76$1,931
Mar 20211245261.302.72$1,964
Feb 2021960057.805.55$3,849
Jan 2021848850.412.81$1,775
Dec 2020530444.642.68$1,037
Nov 2020629638.772.71$1,034
Oct 2020830836.972.48$1,059
Sep 2020542037.091.99$1,022
Aug 2020451939.982.39$1,398
Jul 2020240538.371.83$816
Jun 20204034.901.69$140
May 202003516.921.81$64
Apr 202023014.751.80$84
Mar 202061330.341.86$206
Feb 2020525149.881.98$747
Jan 202064557.252.09$438
Dec 201958059.012.30$479
Nov 20191052155.302.75$1,986
Oct 20191124353.472.42$1,176
Sep 20191143555.052.66$1,761
Aug 20191027853.112.30$1,172
Jul 20191243156.272.46$1,736
Jun 20191932052.782.49$1,800
May 20192142158.482.74$2,382
Apr 20192846762.632.75$3,038
Mar 20194144856.803.06$3,701
Feb 20192334450.852.79$2,130
Jan 20192636446.033.23$2,372
Dec 20182433046.594.19$2,499
Nov 20183055752.934.24$3,948
Oct 2018034061.443.40$1,155
Sep 2018041559.543.11$1,290
Aug 2018051059.403.07$1,564
Jul 2018047865.142.93$1,401
Jun 2018029760.183.08$914
May 2018047965.382.90$1,389
Apr 2018041363.842.90$1,198
Mar 2018038261.222.79$1,065
Feb 2018032461.782.77$896
Jan 2018037962.874.01$1,520
Dec 2017034557.272.92$1,008
Nov 2017047455.423.12$1,478
Oct 2017053149.292.98$1,584
Sep 2017029947.523.09$923
Aug 2017028945.373.00$868
Jul 2017058543.873.09$1,806
Jun 2017025642.493.09$790
May 2017047645.373.26$1,553
Apr 2017052047.933.21$1,670
Mar 2017046946.772.98$1,399
Feb 2017040850.452.95$1,205
Jan 2017042449.413.42$1,450
Dec 2016038348.763.72$1,426
Nov 2016044942.492.64$1,187
Oct 2016048246.193.09$1,490
Sep 2016043541.553.10$1,349
Aug 2016042941.442.92$1,255
Jul 2016053241.622.92$1,556
Jun 2016049645.352.69$1,332
May 2016050642.521.99$1,007
Apr 2016055236.561.99$1,099
Mar 2016154633.011.79$1,013
Feb 2016278126.472.06$1,665
Jan 2016463427.352.36$1,608
Dec 2015467432.362.00$1,478
Nov 2015583938.792.17$2,012
Oct 2015499443.552.43$2,586
Sep 2015488442.992.76$2,610
Aug 201531,07540.162.87$3,208
Jul 201531,17848.152.95$3,614
Jun 2015099056.152.88$2,854
May 201501,07455.212.96$3,174
Apr 2015057349.822.71$1,551
Mar 2015075242.892.93$2,207
Feb 2015067144.662.98$1,997
Jan 2015074443.433.10$2,307
Dec 2014063454.693.59$2,277
Nov 2014068170.464.25$2,896
Oct 2014076878.303.90$2,996
Sep 2014077986.164.05$3,151
Aug 2014080289.394.04$3,236
Jul 2014487596.564.18$4,043
Jun 2014151,60498.164.74$9,070
May 201491,02994.734.73$5,716
Apr 201451,17495.944.81$6,126
Mar 201451,19895.895.06$6,538
Feb 2014395697.406.19$6,212
Jan 2014288090.404.86$4,458
Dec 201301,09991.824.35$4,786
Nov 201301,44088.853.74$5,383
Oct 201301,57397.423.78$5,945
Sep 201301,022104.113.72$3,800
Aug 201301,411104.253.52$4,970
Jul 20132465102.523.72$1,934
Jun 2013343694.403.93$1,998
May 2013341294.834.15$1,994
Apr 2013456293.964.28$2,783
Mar 2013565793.623.91$3,039
Feb 2013458891.233.42$2,376
Jan 2013460391.603.42$2,429
Dec 2012477986.773.42$3,011
Nov 2012564586.953.62$2,773
Oct 2012356289.383.40$2,179
Sep 201241,15794.672.92$3,755
Aug 2012586792.662.91$2,985
Jul 2012490285.133.02$3,065
Jun 201241,30779.822.52$3,612
May 201241,13791.612.49$3,196
Apr 20120649101.652.00$1,296
Mar 201241,050105.052.22$2,753
Feb 20124769101.102.57$2,381
Jan 2012190698.092.73$2,575
Dec 2011091596.873.24$2,964
Nov 2011079395.723.31$2,626
Oct 2011084184.983.65$3,068
Sep 2011016883.623.99$670
Aug 20110083.404.15$0
Jul 2011073894.144.52$3,334
Jun 2011011892.904.64$548
May 2011092198.134.40$4,057
Apr 20111974105.964.33$4,327
Mar 2011287996.364.06$3,759
Feb 201121,30785.644.18$5,635
Jan 201131,79686.504.59$8,501
Dec 201031,47085.734.35$6,648
Nov 201031,97780.843.80$7,746
Oct 201042,04978.103.51$7,502
Sep 201041,85572.633.98$7,672
Aug 201042,19073.684.42$9,973
Jul 201021,79372.554.74$8,638
Jun 201011,95770.364.91$9,680
May 201022,28971.124.24$9,837
Apr 201011,84081.694.12$7,667
Mar 201022,26878.394.39$10,110
Feb 201022,23773.585.44$12,322
Jan 201022,22874.365.96$13,437
Dec 200932,29071.445.48$12,772
Nov 200942,95674.593.75$11,388
Oct 200952,90872.544.11$12,315
Sep 200953,72465.543.06$11,741
Aug 200933,47767.423.22$11,393
Jul 200934,26061.133.46$14,942
Jun 200934,37666.163.90$17,243
May 200934,88454.743.93$19,338
Apr 200944,66846.773.59$16,934
Mar 200946,43342.144.06$26,280
Feb 200954,93932.814.63$23,046
Jan 200956,33735.865.37$34,215
Dec 200837,57837.105.98$45,406
Nov 200839,77355.496.86$67,213
Oct 200814,04975.246.92$28,102
Sep 200800101.767.88$0
Aug 200811,264114.228.48$10,837
Jul 200801,087131.0811.39$12,380
Jun 200811,057131.3313.03$13,907
May 200811,455123.1711.57$16,964
Apr 200821,418110.3110.45$15,046
Mar 200821,507101.909.66$14,768
Feb 200821,55892.538.77$13,850
Jan 2008298090.388.21$8,222
Dec 200721,05488.337.30$7,873
Nov 2007293191.677.29$6,972
Oct 200721,07982.856.92$7,635
Sep 200721,12275.846.24$7,158
Aug 200727269.066.39$598
Jul 200721,02270.906.39$6,670
Jun 200721,20062.007.55$9,182
May 200721,07058.747.85$8,513
Apr 2007299859.617.81$7,909
Mar 200721,07356.927.30$7,949
Feb 2007388255.108.22$7,412
Jan 200731,02250.306.73$7,026
Dec 200651,09956.656.92$7,887
Nov 2006683554.207.62$6,686
Oct 200671,23654.906.01$7,817
Sep 200651,24360.085.04$6,562
Aug 200671,25568.717.34$9,693
Jul 200661,15769.376.34$7,755
Jun 200631,21566.286.38$7,955
May 200631,26066.016.42$8,294
Apr 200651,31164.397.36$9,972
Mar 200661,38856.707.08$10,171
Feb 200671,25457.597.75$10,123
Jan 2006241,58360.598.93$15,596
Dec 2005351,08854.9413.42$16,519
Nov 2005291,14254.6910.59$13,678
Oct 2005161,01958.3413.80$14,991
Sep 20052299361.4512.08$13,346
Aug 2005201,19361.519.80$12,918
Jul 200581,39555.697.84$11,387
Jun 200541,47752.337.38$11,111
May 200541,61645.226.65$10,929
Apr 200531,41249.207.36$10,541
Mar 200541,74450.377.15$12,680
Feb 200531,26745.226.31$8,133
Jan 2005131,81343.166.32$12,023
Dec 2004141,38839.866.75$9,929
Nov 2004171,88045.286.33$12,671
Oct 2004172,15849.706.52$14,904
Sep 2004141,39143.245.28$7,955
Aug 2004151,77742.375.55$10,499
Jul 2004111,81138.286.08$11,440
Jun 200421,34936.106.43$8,750
May 200421,35937.486.49$8,901
Apr 200421,44934.475.86$8,558
Mar 200431,31434.365.53$7,370
Feb 200431,41732.455.51$7,904
Jan 200471,62832.036.30$10,480
Dec 2003101,66130.266.30$10,770
Nov 200371,66228.804.60$7,839
Oct 200351,65028.174.76$7,994
Sep 200331,55826.314.75$7,478
Aug 200341,48129.765.13$7,716
Jul 200331,74529.415.17$9,111
Jun 200321,39628.565.98$8,409
May 200331,70126.595.97$10,239
Apr 200371,76526.675.41$9,731
Mar 2003111,77531.146.10$11,163
Feb 2003111,42433.487.93$11,655
Jan 2003141,72030.315.58$10,025
Dec 2002121,67426.914.85$8,448
Nov 2002111,86024.664.14$7,966
Oct 2002102,32026.464.23$10,076
Sep 200261,68727.443.64$6,297
Aug 200272,01725.963.16$6,564
Jul 200251,95924.583.06$6,121
Jun 2002132,28323.733.34$7,930
May 2002291,91524.663.58$7,579
Apr 2002172,24323.653.51$8,280
Mar 200241,87622.003.10$5,909
Feb 200231,90718.222.38$4,585
Jan 2002102,23217.172.38$5,474
Dec 2001142,49916.932.36$6,146
Nov 200162,42518.072.41$5,942
Oct 200152,45219.782.53$6,300
Sep 200152,56424.262.25$5,894
Aug 200152,46024.873.05$7,635
Jul 200132,42223.933.20$7,815
Jun 200172,17224.563.82$8,478
May 2001152,66825.524.31$11,875
Apr 2001122,17524.685.34$11,900
Mar 2001142,19624.545.38$12,150
Feb 2001102,29527.755.77$13,513
Jan 200182,40427.478.40$20,410
Dec 200082,34326.889.12$21,589
Nov 200072,46632.215.66$14,178
Oct 200062,63631.235.15$13,751
Sep 2000112,85631.875.19$15,163
Aug 2000152,96329.644.54$13,899
Jul 2000112,78528.534.09$11,704
Jun 2000132,89529.304.40$13,111
May 2000132,91427.263.68$11,077
Apr 2000143,14224.513.12$10,134
Mar 2000223,25728.422.86$9,939
Feb 2000133,54727.622.73$10,030
Jan 2000174,05125.272.48$10,478
Dec 1999183,76924.282.42$9,572
Nov 1999193,72423.192.43$9,505
Oct 1999174,17220.982.80$12,054
Sep 1999224,21021.752.62$11,504
Aug 1999204,60519.262.88$13,627
Jul 1999304,87817.892.37$12,109
Jun 1999194,28915.942.36$10,434
May 1999285,09715.792.32$12,272
Apr 1999225,58715.102.21$12,669
Mar 1999206,25512.471.84$11,748
Feb 1999195,7879.981.82$10,709
Jan 1999236,72110.381.90$13,008
Dec 1998286,9119.201.77$12,513
Nov 1998216,96110.892.19$15,443
Oct 1998197,49112.421.97$14,987
Sep 1998217,34712.592.08$15,565
Aug 1998238,58611.301.91$16,636
Jul 1998269,39711.742.24$21,329
Jun 1998279,71611.242.24$22,041
May 1998196,90112.622.21$15,466
Apr 1998265,60913.042.51$14,391
Mar 1998255,86312.802.31$13,860
Feb 1998244,91813.952.30$11,642
Jan 1998296,01714.702.15$13,392
Dec 1997276,24216.322.41$15,491
Nov 1997266,13818.193.09$19,429
Oct 1997266,13819.253.15$19,834
Sep 1997296,82617.742.95$20,684
Aug 1997297,14317.862.55$18,766
Jul 1997317,26217.582.25$16,862
Jun 1997447,28517.242.26$17,202
May 1997337,77318.972.31$18,570
Apr 1997347,71617.882.08$16,679
Mar 1997348,65918.951.94$17,435
Feb 1997287,78420.492.21$17,744
Jan 1997588,84123.483.54$32,656
Dec 1996519,25723.32$1,189
Nov 1996619,52321.97$1,340
Oct 1996709,99423.31$1,632
Sep 19968610,76122.22$1,911
Aug 19969012,24620.26$1,823
Jul 19968312,47219.55$1,623
Jun 19967910,15418.73$1,480
May 1996638,65619.43$1,224
Apr 199611512,58321.51$2,474
Mar 1996919,46519.38$1,764
Feb 19963611,83716.98$611
Jan 19963615,03117.07$615
Dec 19957317,23817.19$1,255
Nov 19956114,27716.00$976
Oct 199512621,16515.43$1,944
Sep 1995181,35516.18$291

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             2 bbl  × $106.41 =       $213
Gas                  145 Mcf  × $  3.05 =       $442

────────────────────────────────────────────────────
Month total                                     $654

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/156087 is the state's own key, not one this site invented.