F. T.

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 157215District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Jan 1996 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
365
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 Gas111997-10-07137402
NGPA2none

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
CondensateDisposition12,705 bbl$469,806
GasProduction1,312,467 Mcf$4,414,234
Total$4,884,040

207,449 Mcf of this lease's gas, across 12 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 28.3754, -98.4308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37538, -98.43076 · 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
10,788 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 10,788 ft.

Completions filed
Jan 1996
1 of 1 wells

1 well

42-31133137210,788 ftJan 1996

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 (365)

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

365 months

May 202601,354106.413.05$4,124
Apr 2026391,29498.932.87$7,572
Mar 2026421,32689.753.15$7,946
Feb 20264138463.503.75$4,044
Jan 2026084759.138.00$6,774
Dec 20254064556.664.41$5,113
Nov 20253962058.593.93$4,719
Oct 2025064759.383.30$2,138
Sep 20254587162.743.08$5,503
Aug 202501,58563.933.01$4,778
Jul 20254896966.743.32$6,416
Jun 202501,93866.483.13$6,063
May 2025301,52060.553.23$6,730
Apr 20253170262.363.54$4,420
Mar 2025361,33967.704.27$8,152
Feb 2025771,27870.884.34$11,005
Jan 2025331,35374.324.28$8,242
Dec 2024351,05568.993.12$5,708
Nov 202401,06369.052.20$2,337
Oct 2024321,32071.372.28$5,295
Sep 202401,34369.612.36$3,175
Aug 2024341,73675.632.06$6,154
Jul 202404,06679.932.15$8,728
Jun 2024352,57978.082.63$9,526
May 2024421,58878.812.20$6,801
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024022673.023.30$745
Dec 202301,63471.262.61$4,266
Nov 202302,44277.892.81$6,856
Oct 2023453,07885.443.09$13,347
Sep 2023422,35889.042.74$10,189
Aug 2023033780.522.67$901
Jul 20234533174.852.64$4,243
Jun 2023029468.962.26$664
May 2023077270.622.23$1,720
Apr 2023055178.122.24$1,233
Mar 202301,35872.852.39$3,250
Feb 202301,65275.112.47$4,073
Jan 2023082276.533.39$2,785
Dec 2022036776.415.73$2,103
Nov 202201,24185.005.65$7,007
Oct 202201,58687.185.86$9,300
Sep 202201,10584.888.16$9,021
Aug 202202,50094.529.13$22,818
Jul 2022551,244101.587.54$14,969
Jun 202202,656115.097.98$21,187
May 2022451,870109.378.43$20,691
Apr 202202,555104.226.84$17,470
Mar 202202,813108.885.08$14,280
Feb 202201,99491.054.86$9,689
Jan 202202,07181.844.54$9,398
Dec 202102,53571.323.90$9,884
Nov 202103,22777.435.24$16,899
Oct 2021362,14279.795.71$15,112
Sep 202102,05669.865.35$11,001
Aug 202101,81466.024.22$7,656
Jul 202102,71370.783.98$10,803
Jun 2021402,98169.493.38$12,857
May 202102,10163.483.02$6,340
Apr 2021091060.362.76$2,510
Mar 202102,45361.302.72$6,665
Feb 2021422,11357.805.55$14,150
Jan 202102,41950.412.81$6,798
Dec 202002,15544.642.68$5,766
Nov 2020512,26838.772.71$8,116
Oct 202002,66836.972.48$6,612
Sep 202002,86037.091.99$5,694
Aug 2020472,12939.982.39$6,957
Jul 2020471,81338.371.83$5,112
Jun 2020441,53634.901.69$4,132
May 202002,07216.921.81$3,760
Apr 202001,50514.751.80$2,716
Mar 2020352,00030.341.86$4,774
Feb 202002,06949.881.98$4,098
Jan 2020363,11057.252.09$8,576
Dec 201901,91859.012.30$4,420
Nov 2019122,70055.302.75$8,090
Oct 201903,55653.472.42$8,600
Sep 201952,85355.052.66$7,856
Aug 201901,81053.112.30$4,171
Jul 2019102,00956.272.46$5,505
Jun 2019142,31352.782.49$6,501
May 201901,78958.482.74$4,902
Apr 2019191,43662.632.75$5,140
Mar 201901,39256.803.06$4,262
Feb 2019551,07650.852.79$5,801
Jan 2019381,16046.033.23$5,494
Dec 2018581,34046.594.19$8,311
Nov 2018992,71952.934.24$16,761
Oct 20181313,60761.443.40$20,306
Sep 201802,18159.543.11$6,779
Aug 201802,23459.403.07$6,851
Jul 201802,05165.142.93$6,013
Jun 201802,73260.183.08$8,406
May 201803,50465.382.90$10,164
Apr 2018333,88363.842.90$13,371
Mar 2018392,06361.222.79$8,137
Feb 2018474,21261.782.77$14,555
Jan 201802,04162.874.01$8,183
Dec 2017331,41857.272.92$6,033
Nov 201701,48555.423.12$4,631
Oct 20175291149.292.98$5,281
Sep 2017099547.523.09$3,072
Aug 201701,24145.373.00$3,728
Jul 201701,40743.873.09$4,344
Jun 201701,39942.493.09$4,319
May 2017211,47245.373.26$5,756
Apr 201701,40447.933.21$4,509
Mar 2017491,51146.772.98$6,800
Feb 201701,18450.452.95$3,496
Jan 201701,51849.413.42$5,190
Dec 201601,34548.763.72$5,007
Nov 201601,39342.492.64$3,684
Oct 201601,39246.193.09$4,302
Sep 20161011,37641.553.10$8,463
Aug 201601,31341.442.92$3,840
Jul 201601,35541.622.92$3,962
Jun 2016521,36845.352.69$6,032
May 201601,11942.521.99$2,228
Apr 201601,23636.561.99$2,461
Mar 20161381,28333.011.79$6,857
Feb 201601,43526.472.06$2,961
Jan 201601,66827.352.36$3,944
Dec 201501,78832.362.00$3,579
Nov 201501,43738.792.17$3,114
Oct 20151211,45643.552.43$8,803
Sep 20151131,49142.992.76$8,971
Aug 20151101,57040.162.87$8,927
Jul 20151011,54648.152.95$9,416
Jun 20151341,46756.152.88$11,753
May 20151191,68355.212.96$11,544
Apr 20151071,27949.822.71$8,792
Mar 2015821,36742.892.93$7,529
Feb 201501,13644.662.98$3,381
Jan 2015221,56743.433.10$5,814
Dec 201402,75854.693.59$9,905
Nov 2014213,17470.464.25$14,975
Oct 2014495,31878.303.90$24,582
Sep 2014565,44186.164.05$26,836
Aug 201402,33989.394.04$9,438
Jul 2014592,48896.564.18$16,096
Jun 2014482,79598.164.74$17,951
May 2014391,72694.734.73$11,853
Apr 2014371,49195.944.81$10,720
Mar 2014471,57195.895.06$12,451
Feb 20141151,72297.406.19$21,864
Jan 2014661,13090.404.86$11,459
Dec 201301,45591.824.35$6,336
Nov 201301,61288.853.74$6,026
Oct 201301,64397.423.78$6,209
Sep 201301,697104.113.72$6,309
Aug 201301,879104.253.52$6,619
Jul 201301,759102.523.72$6,540
Jun 201301,73894.403.93$6,836
May 201301,94294.834.15$8,058
Apr 201301,72993.964.28$7,405
Mar 201301,85593.623.91$7,258
Feb 201301,60491.233.42$5,486
Jan 201301,68091.603.42$5,745
Dec 201201,72186.773.42$5,886
Nov 201201,65586.953.62$5,999
Oct 201201,62389.383.40$5,518
Sep 201201,98594.672.92$5,793
Aug 201201,67592.662.91$4,871
Jul 201201,80285.133.02$5,443
Jun 201203,08079.822.52$7,759
May 201201,49891.612.49$3,728
Apr 201221,624101.652.00$3,446
Mar 201281,680105.052.22$4,573
Feb 201261,590101.102.57$4,693
Jan 201201,71798.092.73$4,694
Dec 201191,95396.873.24$7,199
Nov 201142,02695.723.31$7,092
Oct 201142,74684.983.65$10,359
Sep 201142,07783.623.99$8,613
Aug 201193,04483.404.15$13,381
Jul 201102,86494.144.52$12,937
Jun 201152,41492.904.64$11,665
May 201194,37098.134.40$20,132
Apr 201152,709105.964.33$12,269
Mar 2011264,67396.364.06$21,465
Feb 201103,47285.644.18$14,513
Jan 2011185,60886.504.59$27,291
Dec 2010136,60685.734.35$29,836
Nov 201057,59680.843.80$29,234
Oct 201048,48378.103.51$30,078
Sep 201079,90472.633.98$39,921
Aug 201029,74373.684.42$43,205
Jul 201001,63772.554.74$7,754
Jun 201041,72670.364.91$8,757
May 201092,07371.124.24$9,420
Apr 201001,97381.694.12$8,134
Mar 201092,09378.394.39$9,891
Feb 201001,80373.585.44$9,813
Jan 201091,91174.365.96$12,067
Dec 200951,92871.445.48$10,930
Nov 200981,85074.593.75$7,537
Oct 200941,89372.544.11$8,071
Sep 200982,22265.543.06$7,334
Aug 200942,21067.423.22$7,383
Jul 200942,26361.133.46$8,085
Jun 200942,22466.163.90$8,927
May 200942,27954.743.93$9,166
Apr 200902,32446.773.59$8,337
Mar 200942,99742.144.06$12,333
Feb 200952,17932.814.63$10,259
Jan 200982,54335.865.37$13,945
Dec 200802,69237.105.98$16,090
Nov 200842,78655.496.86$19,335
Oct 200802,35275.246.92$16,281
Sep 200841,776101.767.88$14,397
Aug 200801,949114.228.48$16,533
Jul 200802,268131.0811.39$25,831
Jun 200842,296131.3313.03$30,448
May 200802,369123.1711.57$27,419
Apr 200842,135110.3110.45$22,762
Mar 200802,438101.909.66$23,561
Feb 200842,13392.538.77$19,078
Jan 200882,39490.388.21$20,368
Dec 200702,35888.337.30$17,218
Nov 200742,47391.677.29$18,399
Oct 200742,54882.856.92$17,969
Sep 200742,50275.846.24$15,926
Aug 200743,02769.066.39$19,613
Jul 200742,72470.906.39$17,684
Jun 200772,52962.007.55$19,524
May 200702,66058.747.85$20,871
Apr 200772,60359.617.81$20,734
Mar 200752,76656.927.30$20,482
Feb 2007412,41555.108.22$22,101
Jan 2007272,66650.306.73$19,292
Dec 2006312,84256.656.92$21,418
Nov 2006312,62654.207.62$21,684
Oct 2006372,85354.906.01$19,189
Sep 200602,76260.085.04$13,913
Aug 2006472,76168.717.34$23,495
Jul 2006462,82669.376.34$21,116
Jun 2006472,80966.286.38$21,047
May 200602,81866.016.42$18,106
Apr 2006602,76164.397.36$24,186
Mar 2006602,80556.707.08$23,270
Feb 2006582,50157.597.75$22,726
Jan 2006482,77660.598.93$27,707
Dec 2005433,28854.9413.42$46,472
Nov 2005783,34454.6910.59$39,673
Oct 200503,34158.3413.80$46,092
Sep 2005303,41561.4512.08$43,093
Aug 2005273,85861.519.80$39,457
Jul 2005172,31155.697.84$19,073
Jun 2005162,21452.337.38$17,179
May 2005152,18845.226.65$15,231
Apr 2005132,26149.207.36$17,282
Mar 2005172,19850.377.15$16,583
Feb 200592,04545.226.31$13,315
Jan 200592,39543.166.32$15,530
Dec 2004182,39339.866.75$16,873
Nov 2004272,32945.286.33$15,966
Oct 2004272,43749.706.52$17,219
Sep 2004262,52643.245.28$14,471
Aug 2004502,43642.375.55$15,640
Jul 2004462,51138.286.08$17,038
Jun 2004232,81636.106.43$18,946
May 2004433,22737.486.49$22,570
Apr 2004143,25634.475.86$19,558
Mar 200433,48434.365.53$19,370
Feb 2004353,20632.455.51$18,800
Jan 2004603,05732.036.30$21,180
Dec 2003673,07630.266.30$21,411
Nov 2003563,05928.804.60$15,669
Oct 2003223,37228.174.76$16,669
Sep 2003373,18826.314.75$16,114
Aug 2003343,53929.765.13$19,166
Jul 2003323,76429.415.17$20,404
Jun 2003333,68128.565.98$22,966
May 2003474,12326.595.97$25,875
Apr 2003144,09526.675.41$22,516
Mar 2003114,40731.146.10$27,208
Feb 2003244,31733.487.93$35,020
Jan 2003234,06530.315.58$23,388
Dec 2002383,92826.914.85$20,088
Nov 2002293,76924.664.14$16,307
Oct 2002403,94826.464.23$17,755
Sep 2002463,65327.443.64$14,542
Aug 2002493,98525.963.16$13,881
Jul 2002573,77124.583.06$12,947
Jun 2002743,55223.733.34$13,613
May 2002263,85324.663.58$14,450
Apr 2002243,97323.653.51$14,522
Mar 2002514,31222.003.10$14,501
Feb 2002553,81518.222.38$10,065
Jan 2002384,00617.172.38$10,169
Dec 2001634,23616.932.36$11,082
Nov 2001424,27818.072.41$11,050
Oct 2001534,87619.782.53$13,379
Sep 2001584,47424.262.25$11,479
Aug 2001384,50824.873.05$14,709
Jul 2001564,81223.933.20$16,724
Jun 2001384,70024.563.82$18,907
May 2001714,90725.524.31$22,948
Apr 2001584,65824.685.34$26,283
Mar 2001624,61624.545.38$26,339
Feb 2001394,24227.755.77$25,546
Jan 2001604,58827.478.40$40,182
Dec 2000654,66226.889.12$44,276
Nov 2000604,65732.215.66$28,282
Oct 2000554,76831.235.15$26,251
Sep 2000484,80031.875.19$26,425
Aug 2000265,28829.644.54$24,782
Jul 2000285,33628.534.09$22,622
Jun 2000765,12729.304.40$24,772
May 2000345,35427.263.68$20,628
Apr 2000514,94624.513.12$16,662
Mar 2000675,09828.422.86$16,483
Feb 2000205,38027.622.73$15,221
Jan 2000405,64025.272.48$15,001
Dec 1999665,84724.282.42$15,774
Nov 1999495,62823.192.43$14,835
Oct 1999526,49120.982.80$19,290
Sep 1999486,32021.752.62$17,595
Aug 1999336,25919.262.88$18,634
Jul 1999396,06817.892.37$15,093
Jun 1999476,11715.942.36$15,198
May 1999556,28215.792.32$15,449
Apr 1999316,49315.102.21$14,805
Mar 1999466,59812.471.84$12,703
Feb 1999496,6189.981.82$12,519
Jan 1999817,65410.381.90$15,383
Dec 1998717,5279.201.77$14,001
Nov 1998607,47810.892.19$16,998
Oct 1998417,90312.421.97$16,072
Sep 1998547,81812.592.08$16,962
Aug 1998558,49311.301.91$16,821
Jul 1998399,57011.742.24$21,869
Jun 1998419,42111.242.24$21,538
May 1998569,98912.622.21$22,746
Apr 1998719,45213.042.51$24,606
Mar 19981319,25712.802.31$23,055
Feb 1998947,93513.952.30$19,555
Jan 19981149,53014.702.15$22,211
Dec 19971049,15316.322.41$23,766
Nov 19971019,25918.193.09$30,431
Oct 199712210,03919.253.15$33,970
Sep 1997999,99017.742.95$31,276
Aug 19979410,70817.862.55$29,035
Jul 199711610,79017.582.25$26,284
Jun 199713011,05517.242.26$27,195
May 199713512,83018.972.31$32,179
Apr 199713411,80617.882.08$26,985
Mar 199713212,12418.951.94$26,012
Feb 199713811,02620.492.21$27,150
Jan 199721013,61923.483.54$53,138
Dec 199618512,76123.32$4,314
Nov 199617213,99921.97$3,779
Oct 199613114,34223.31$3,054
Sep 199611515,02222.22$2,555
Aug 199610615,56720.26$2,148
Jul 199622019,74319.55$4,301
Jun 199622619,48918.73$4,233
May 199629420,12619.43$5,712
Apr 199632121,37621.51$6,905
Mar 199634224,68419.38$6,628
Feb 199630226,32616.98$5,128
Jan 199624,01417.07$34

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                1,354 Mcf  × $  3.05 =     $4,124

────────────────────────────────────────────────────
Month total                                   $4,124

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/157215 is the state's own key, not one this site invented.