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 156089District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Oct 1995 – May 2026
Value, last 12 filed months
$11 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 Gas111995-12-07133649
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
CondensateDisposition33,797 bbl$686,993
GasProduction422,181 Mcf$1,043,132
Total$1,730,125

119,560 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 28.3788, -98.4986. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37884, -98.49863 · 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
10,075 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 10,075 ft.

1 well

42-311331001110,075 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 20263272106.413.05$1,148
Apr 2026012398.932.87$353
Mar 2026022589.753.15$709
Feb 2026117063.503.75$701
Jan 2026129259.138.00$2,395
Dec 2025124756.664.41$1,147
Nov 2025136258.593.93$1,480
Oct 2025140659.383.30$1,401
Sep 2025111562.743.08$417
Aug 202515463.933.01$227
Jul 2025114066.743.32$531
Jun 2025221166.483.13$793
May 2025528560.553.23$1,224
Apr 2025327962.363.54$1,176
Mar 2025422767.704.27$1,240
Feb 2025420870.884.34$1,186
Jan 2025434374.324.28$1,765
Dec 2024724568.993.12$1,248
Nov 2024635269.052.20$1,188
Oct 2024626471.372.28$1,031
Sep 2024633269.612.36$1,203
Aug 2024530175.632.06$999
Jul 2024850379.932.15$1,719
Jun 2024321078.082.63$787
May 2024228178.812.20$775
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402373.023.30$76
Dec 2023532071.262.61$1,192
Nov 2023141477.892.81$1,240
Oct 20231085.443.09$85
Sep 202318189.042.74$311
Aug 20233780.522.67$260
Jul 202359274.852.64$617
Jun 202315868.962.26$200
May 2023413970.622.23$592
Apr 2023616878.122.24$845
Mar 202359772.852.39$596
Feb 20232075.112.47$150
Jan 202368876.533.39$757
Dec 202247376.415.73$724
Nov 2022516785.005.65$1,368
Oct 202219787.185.86$656
Sep 202219684.888.16$869
Aug 202253694.529.13$801
Jul 20221105101.587.54$894
Jun 20222122115.097.98$1,203
May 20222148109.378.43$1,467
Apr 20226171104.226.84$1,795
Mar 20224155108.885.08$1,222
Feb 2022510291.054.86$951
Jan 202259081.844.54$818
Dec 2021411171.323.90$718
Nov 202139677.435.24$735
Oct 2021620979.795.71$1,673
Sep 2021616369.865.35$1,291
Aug 2021215866.024.22$799
Jul 2021311370.783.98$662
Jun 2021520569.493.38$1,040
May 202128463.483.02$380
Apr 2021613560.362.76$735
Mar 20211323561.302.72$1,435
Feb 2021810157.805.55$1,023
Jan 2021515150.412.81$676
Dec 2020627744.642.68$1,009
Nov 2020623238.772.71$861
Oct 2020626036.972.48$866
Sep 2020549837.091.99$1,177
Aug 2020439739.982.39$1,107
Jul 2020225938.371.83$549
Jun 20209034.901.69$314
May 202002916.921.81$53
Apr 202032914.751.80$97
Mar 2020131330.341.86$419
Feb 20202831349.881.98$2,017
Jan 20202913157.252.09$1,935
Dec 20191533759.012.30$1,662
Nov 20191321055.302.75$1,297
Oct 2019623353.472.42$884
Sep 2019735555.052.66$1,329
Aug 2019744853.112.30$1,404
Jul 2019654656.272.46$1,681
Jun 20191144552.782.49$1,689
May 20191162858.482.74$2,364
Apr 20191131862.632.75$1,564
Mar 201921356.803.06$153
Feb 201911850.852.79$101
Jan 201924646.033.23$241
Dec 201815546.594.19$277
Nov 2018210952.934.24$568
Oct 201804861.443.40$163
Sep 201808259.543.11$255
Aug 201806259.403.07$190
Jul 201807065.142.93$205
Jun 201806160.183.08$188
May 201806465.382.90$186
Apr 201808163.842.90$235
Mar 201809761.222.79$270
Feb 201804361.782.77$119
Jan 201808262.874.01$329
Dec 201709557.272.92$278
Nov 201708955.423.12$278
Oct 201705549.292.98$164
Sep 201709847.523.09$303
Aug 201705445.373.00$162
Jul 2017010243.873.09$315
Jun 201704242.493.09$130
May 201706245.373.26$202
Apr 2017012347.933.21$395
Mar 2017016446.772.98$489
Feb 2017010850.452.95$319
Jan 2017010049.413.42$342
Dec 2016010348.763.72$383
Nov 2016013442.492.64$354
Oct 2016013246.193.09$408
Sep 2016010841.553.10$335
Aug 2016014241.442.92$415
Jul 2016020341.622.92$594
Jun 2016111645.352.69$357
May 2016117042.521.99$381
Apr 2016012636.561.99$251
Mar 2016111833.011.79$245
Feb 2016013926.472.06$287
Jan 2016011927.352.36$281
Dec 2015016232.362.00$324
Nov 2015112638.792.17$312
Oct 2015122843.552.43$597
Sep 2015118842.992.76$562
Aug 2015117140.162.87$531
Jul 2015125748.152.95$805
Jun 2015022056.152.88$634
May 2015019655.212.96$579
Apr 2015014249.822.71$384
Mar 2015120242.892.93$636
Feb 2015117444.662.98$563
Jan 2015119743.433.10$654
Dec 2014128454.693.59$1,075
Nov 2014213970.464.25$732
Oct 201417478.303.90$367
Sep 2014118686.164.05$839
Aug 2014122389.394.04$989
Jul 2014125496.564.18$1,158
Jun 2014121298.164.74$1,102
May 2014121194.734.73$1,092
Apr 2014125695.944.81$1,327
Mar 2014121095.895.06$1,158
Feb 2014119797.406.19$1,317
Jan 2014112590.404.86$698
Dec 2013114091.824.35$701
Nov 2013115988.853.74$683
Oct 2013116997.423.78$736
Sep 20131161104.113.72$703
Aug 20131186104.253.52$759
Jul 20131180102.523.72$772
Jun 2013115894.403.93$716
May 2013119494.834.15$900
Apr 2013120993.964.28$989
Mar 2013119493.623.91$853
Feb 2013118591.233.42$724
Jan 2013120391.603.42$786
Dec 2012116286.773.42$641
Nov 2012122486.953.62$899
Oct 2012132889.383.40$1,204
Sep 2012132894.672.92$1,052
Aug 2012130892.662.91$988
Jul 2012129185.133.02$964
Jun 2012237979.822.52$1,114
May 2012225191.612.49$808
Apr 20122303101.652.00$808
Mar 20122342105.052.22$970
Feb 20122259101.102.57$868
Jan 2012223898.092.73$847
Dec 2011238296.873.24$1,431
Nov 2011234395.723.31$1,327
Oct 2011237184.983.65$1,524
Sep 2011135683.623.99$1,503
Aug 2011238283.404.15$1,752
Jul 2011141394.144.52$1,960
Jun 2011128092.904.64$1,392
May 2011139198.134.40$1,820
Apr 20111397105.964.33$1,826
Mar 2011142996.364.06$1,837
Feb 2011138385.644.18$1,687
Jan 2011244186.504.59$2,197
Dec 2010242385.734.35$2,011
Nov 2010224580.843.80$1,092
Oct 2010356978.103.51$2,231
Sep 2010227172.633.98$1,224
Aug 2010447173.684.42$2,376
Jul 2010248072.554.74$2,419
Jun 2010147970.364.91$2,422
May 2010148571.124.24$2,125
Apr 2010149581.694.12$2,122
Mar 2010147178.394.39$2,145
Feb 2010143873.585.44$2,457
Jan 2010141374.365.96$2,538
Dec 2009250171.445.48$2,890
Nov 2009252374.593.75$2,111
Oct 2009258772.544.11$2,558
Sep 2009275565.543.06$2,445
Aug 200961,12967.423.22$4,038
Jul 200971,41561.133.46$5,330
Jun 200991,39266.163.90$6,017
May 200991,49054.743.93$6,342
Apr 2009101,34446.773.59$5,289
Mar 200921,80442.144.06$7,407
Feb 200911,28232.814.63$5,972
Jan 200911,51835.865.37$8,189
Dec 2008077137.105.98$4,608
Nov 2008015255.496.86$1,043
Oct 2008053175.246.92$3,676
Sep 20080539101.767.88$4,246
Aug 20080777114.228.48$6,591
Jul 20082169131.0811.39$2,187
Jun 20084119131.3313.03$2,076
May 20084184123.1711.57$2,622
Apr 20084153110.3110.45$2,041
Mar 20084134101.909.66$1,703
Feb 2008939092.538.77$4,253
Jan 2008136890.388.21$3,110
Dec 2007120288.337.30$1,563
Nov 2007240591.677.29$3,136
Oct 2007239982.856.92$2,928
Sep 2007248075.846.24$3,149
Aug 200722269.066.39$279
Jul 2007140870.906.39$2,677
Jun 2007137662.007.55$2,900
May 2007143558.747.85$3,472
Apr 2007131159.617.81$2,487
Mar 2007271456.927.30$5,327
Feb 2007224855.108.22$2,148
Jan 2007337550.306.73$2,673
Dec 2006343456.656.92$3,173
Nov 2006231854.207.62$2,531
Oct 2006141854.906.01$2,569
Sep 2006262560.085.04$3,268
Aug 2006363668.717.34$4,874
Jul 2006171269.376.34$4,585
Jun 2006261966.286.38$4,084
May 2006252966.016.42$3,531
Apr 2006454064.397.36$4,232
Mar 2006656656.707.08$4,349
Feb 2006748657.597.75$4,170
Jan 20065756560.598.93$8,501
Dec 20056148054.9413.42$9,791
Nov 20056147254.6910.59$8,334
Oct 200510557258.3413.80$14,017
Sep 200514658461.4512.08$16,026
Aug 200511880961.519.80$15,184
Jul 20058488855.697.84$11,643
Jun 2005231,42252.337.38$11,699
May 20052492545.226.65$7,238
Apr 20052862349.207.36$5,963
Mar 20054066550.377.15$6,773
Feb 20054057845.226.31$5,457
Jan 20052466443.166.32$5,234
Dec 2004572239.866.75$5,074
Nov 200451,06945.286.33$6,994
Oct 2004570449.706.52$4,835
Sep 2004670843.245.28$4,000
Aug 200441,01542.375.55$5,803
Jul 2004492038.286.08$5,751
Jun 2004278136.106.43$5,096
May 2004472437.486.49$4,852
Apr 20044941734.475.86$4,132
Mar 200430049034.365.53$13,018
Feb 200428748332.455.51$11,974
Jan 200447252932.036.30$18,451
Dec 200314672430.266.30$8,980
Nov 20038960028.804.60$5,320
Oct 20032061328.174.76$3,481
Sep 2003148126.314.75$2,311
Aug 2003269729.765.13$3,635
Jul 2003260829.415.17$3,203
Jun 2003664428.565.98$4,024
May 2003381,05926.595.97$7,335
Apr 20036966426.675.41$5,431
Mar 20037555631.146.10$5,725
Feb 20036748833.487.93$6,111
Jan 20037964930.315.58$6,017
Dec 20027563326.914.85$5,091
Nov 200211859324.664.14$5,363
Oct 20025067826.464.23$4,190
Sep 2002245927.443.64$1,723
Aug 2002247425.963.16$1,552
Jul 200231,02124.583.06$3,200
Jun 2002141,03323.733.34$3,781
May 20028572624.663.58$4,698
Apr 20026499523.653.51$5,008
Mar 20021265422.003.10$2,293
Feb 20021790418.222.38$2,457
Jan 2002655517.172.38$1,422
Dec 2001574616.932.36$1,848
Nov 200111472318.072.41$3,799
Oct 200110067319.782.53$3,680
Sep 20011067124.262.25$1,753
Aug 20019869724.873.05$4,565
Jul 200111772523.933.20$5,118
Jun 2001271124.563.82$2,768
May 20011279825.524.31$3,743
Apr 200171,05224.685.34$5,786
Mar 20011391,45924.545.38$11,255
Feb 20011831,85727.755.77$15,788
Jan 20018392227.478.40$10,024
Dec 20001151,34226.889.12$15,334
Nov 20001582,09232.215.66$16,926
Oct 20001732,32731.235.15$17,376
Sep 20001752,42931.875.19$18,175
Aug 20001492,55729.644.54$16,027
Jul 2000402,37628.534.09$10,858
Jun 2000742,60629.304.40$13,627
May 20001122,86527.263.68$13,596
Apr 20001022,77224.513.12$11,138
Mar 20002593,47528.422.86$17,298
Feb 20001983,54727.622.73$15,140
Jan 20002423,99825.272.48$16,032
Dec 19991843,97424.282.42$14,099
Nov 19991873,81623.192.43$13,625
Oct 19991454,29520.982.80$15,084
Sep 19992544,26521.752.62$16,694
Aug 19992874,75119.262.88$19,190
Jul 19991575,09017.892.37$14,884
Jun 1999895,08815.942.36$13,437
May 19995775,72915.792.32$22,408
Apr 19994766,08515.102.21$20,624
Mar 19994967,04312.471.84$19,132
Feb 19994506,4169.981.82$16,154
Jan 19994365,99010.381.90$15,906
Dec 19985416,2259.201.77$16,016
Nov 19986286,78910.892.19$21,678
Oct 19985787,64012.421.97$22,224
Sep 19986308,39212.592.08$25,409
Aug 19984345,55211.301.91$15,494
Jul 19982292,81811.742.24$8,993
Jun 19982482,97011.242.24$9,432
May 19982462,92512.622.21$9,558
Apr 19981581,80813.042.51$6,590
Mar 19981421,74312.802.31$5,843
Feb 19981631,26613.952.30$5,185
Jan 19981891,94314.702.15$6,965
Dec 19971872,14816.322.41$8,231
Nov 19971962,20818.193.09$10,384
Oct 19972662,91719.253.15$14,309
Sep 19971841,88117.742.95$8,822
Aug 19972132,63717.862.55$10,541
Jul 19974704,19717.582.25$17,693
Jun 19974524,93017.242.26$18,920
May 19973684,44718.972.31$17,247
Apr 19972804,87717.882.08$15,164
Mar 19975296,56418.951.94$22,753
Feb 19972272,69620.492.21$10,598
Jan 19973883,84323.483.54$22,713
Dec 19962432,72223.32$5,667
Nov 19964174,17421.97$9,161
Oct 19964424,62623.31$10,303
Sep 19964186,12422.22$9,288
Aug 19964267,65520.26$8,631
Jul 19964928,54119.55$9,619
Jun 19966229,24618.73$11,650
May 19964397,04219.43$8,530
Apr 19966438,17021.51$13,831
Mar 19967959,51419.38$15,407
Feb 19965185,10716.98$8,796
Jan 19961,4208,99117.07$24,239
Dec 19953,00312,52417.19$51,622
Nov 19953,30113,51116.00$52,816
Oct 19952,61911,61315.43$40,411

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             3 bbl  × $106.41 =       $319
Gas                  272 Mcf  × $  3.05 =       $828

────────────────────────────────────────────────────
Month total                                   $1,148

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/156089 is the state's own key, not one this site invented.