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 157216District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Feb 1996 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
364
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 Gas221996-06-14 – 1996-06-202 dockets
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
CondensateDisposition3,447 bbl$154,739
GasProduction706,989 Mcf$2,307,399
Total$2,462,138

139,208 Mcf of this lease's gas, across 11 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 28.3604, -98.4629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36039, -98.46286 · 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
10,553 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 10,553 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-311331333310,553 ftFeb 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 (364)

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

364 months

May 20263529106.413.05$1,930
Apr 20262251398.932.87$3,649
Mar 20261856689.753.15$3,398
Feb 20261533163.503.75$2,194
Jan 20261343559.138.00$4,248
Dec 20251443356.664.41$2,704
Nov 2025933158.593.93$1,827
Oct 2025039859.383.30$1,315
Sep 2025039562.743.08$1,215
Aug 2025044963.933.01$1,354
Jul 2025042966.743.32$1,422
Jun 2025042466.483.13$1,327
May 2025017160.553.23$553
Apr 2025040362.363.54$1,428
Mar 2025049267.704.27$2,100
Feb 2025024670.884.34$1,068
Jan 2025026874.324.28$1,147
Dec 2024036268.993.12$1,130
Nov 202406769.052.20$147
Oct 2024026871.372.28$611
Sep 2024017369.612.36$409
Aug 2024030575.632.06$629
Jul 2024037679.932.15$807
Jun 2024225178.082.63$817
May 2024342578.812.20$1,171
Apr 2024326784.451.66$696
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240773.023.30$23
Dec 20231024971.262.61$1,363
Nov 20231019377.892.81$1,321
Oct 2023434585.443.09$1,407
Sep 2023329089.042.74$1,060
Aug 2023945180.522.67$1,930
Jul 2023649674.852.64$1,759
Jun 2023328868.962.26$857
May 20231028870.622.23$1,348
Apr 2023929478.122.24$1,361
Mar 20231149272.852.39$1,979
Feb 20231049875.112.47$1,979
Jan 2023736476.533.39$1,769
Dec 2022735076.415.73$2,540
Nov 2022837385.005.65$2,786
Oct 2022641387.185.86$2,945
Sep 2022745884.888.16$4,333
Aug 20221052694.529.13$5,746
Jul 20226342101.587.54$3,189
Jun 20227292115.097.98$3,135
May 20226381109.378.43$3,869
Apr 202214420104.226.84$4,331
Mar 202213427108.885.08$3,583
Feb 20221864091.054.86$4,749
Jan 20221866281.844.54$4,477
Dec 20211594571.323.90$4,754
Nov 20211368577.435.24$4,594
Oct 20212271579.795.71$5,841
Sep 20212378169.865.35$5,786
Aug 2021930966.024.22$1,898
Jul 20211450870.783.98$3,014
Jun 20212561469.493.38$3,813
May 20211877563.483.02$3,481
Apr 20211871360.362.76$3,053
Mar 20212978161.302.72$3,900
Feb 20212030357.805.55$2,837
Jan 20212149250.412.81$2,441
Dec 20202158044.642.68$2,489
Nov 2020055038.772.71$1,489
Oct 2020054936.972.48$1,361
Sep 2020071737.091.99$1,428
Aug 2020195639.982.39$2,320
Jul 2020069238.371.83$1,263
Jun 2020355834.901.69$1,048
May 2020050816.921.81$922
Apr 202036114.751.80$154
Mar 20201258330.341.86$1,446
Feb 20201981749.881.98$2,566
Jan 20201441057.252.09$1,660
Dec 20191467159.012.30$2,372
Nov 2019141,05455.302.75$3,673
Oct 2019099353.472.42$2,402
Sep 2019081955.052.66$2,176
Aug 2019088053.112.30$2,028
Jul 2019071056.272.46$1,747
Jun 2019039852.782.49$992
May 2019038158.482.74$1,044
Apr 2019020862.632.75$572
Mar 2019033356.803.06$1,020
Feb 2019033150.852.79$924
Jan 2019030846.033.23$994
Dec 2018028746.594.19$1,201
Nov 2018128952.934.24$1,277
Oct 2018431761.443.40$1,323
Sep 2018333059.543.11$1,204
Aug 2018331659.403.07$1,147
Jul 2018433865.142.93$1,252
Jun 2018430660.183.08$1,182
May 2018328565.382.90$1,023
Apr 2018336463.842.90$1,247
Mar 2018546961.222.79$1,613
Feb 2018347861.782.77$1,508
Jan 2018340562.874.01$1,812
Dec 2017450957.272.92$1,716
Nov 2017245355.423.12$1,523
Oct 2017550849.292.98$1,762
Sep 2017246047.523.09$1,515
Aug 2017230645.373.00$1,010
Jul 2017354043.873.09$1,799
Jun 2017343742.493.09$1,477
May 2017349545.373.26$1,751
Apr 2017341747.933.21$1,483
Mar 2017347146.772.98$1,546
Feb 2017445950.452.95$1,557
Jan 2017451949.413.42$1,972
Dec 2016451448.763.72$2,109
Nov 2016452542.492.64$1,558
Oct 2016639646.193.09$1,501
Sep 2016548041.553.10$1,696
Aug 2016352541.442.92$1,660
Jul 2016252441.622.92$1,616
Jun 2016352545.352.69$1,546
May 2016247642.521.99$1,033
Apr 2016161236.561.99$1,255
Mar 2016152233.011.79$969
Feb 2016451926.472.06$1,177
Jan 2016457127.352.36$1,459
Dec 2015448332.362.00$1,096
Nov 2015441538.792.17$1,055
Oct 2015359343.552.43$1,570
Sep 2015127342.992.76$796
Aug 2015332940.162.87$1,066
Jul 2015341248.152.95$1,358
Jun 2015437756.152.88$1,311
May 2015553555.212.96$1,857
Apr 2015555049.822.71$1,738
Mar 2015550242.892.93$1,688
Feb 2015437144.662.98$1,283
Jan 20151455043.433.10$2,313
Dec 20141772154.693.59$3,519
Nov 20141859170.464.25$3,781
Oct 20141666378.303.90$3,839
Sep 20141474786.164.05$4,228
Aug 20142056389.394.04$4,060
Jul 20141261096.564.18$3,708
Jun 20141259198.164.74$3,977
May 2014191,08094.734.73$6,905
Apr 2014171,15395.944.81$7,176
Mar 2014161,38295.895.06$8,523
Feb 2014101,12797.406.19$7,952
Jan 20141269490.404.86$4,458
Dec 2013151,15391.824.35$6,398
Nov 2013111,05588.853.74$4,921
Oct 2013131,11397.423.78$5,473
Sep 201312649104.113.72$3,662
Aug 201320998104.253.52$5,601
Jul 2013191,056102.523.72$5,874
Jun 2013231,10194.403.93$6,502
May 2013151,01194.834.15$5,617
Apr 201381,12293.964.28$5,557
Mar 201361,03593.623.91$4,612
Feb 2013488591.233.42$3,392
Jan 201351,07191.603.42$4,121
Dec 201251,03186.773.42$3,960
Nov 201251,06186.953.62$4,281
Oct 201231,11489.383.40$4,055
Sep 201241,07094.672.92$3,501
Aug 201261,16692.662.91$3,947
Jul 201241,12785.133.02$3,745
Jun 2012495879.822.52$2,733
May 201251,08291.612.49$3,150
Apr 20121212101.652.00$525
Mar 20123603105.052.22$1,655
Feb 20128771101.102.57$2,790
Jan 2012880098.092.73$2,972
Dec 2011772696.873.24$3,030
Nov 2011888795.723.31$3,703
Oct 2011791384.983.65$3,926
Sep 2011586483.623.99$3,862
Aug 2011595883.404.15$4,392
Jul 2011690694.144.52$4,657
Jun 2011377892.904.64$3,889
May 2011378698.134.40$3,757
Apr 20113761105.964.33$3,616
Mar 2011382396.364.06$3,628
Feb 2011370785.644.18$3,212
Jan 2011472786.504.59$3,682
Dec 2010594485.734.35$4,533
Nov 2010477380.843.80$3,257
Oct 201041,00578.103.51$3,839
Sep 2010486472.633.98$3,729
Aug 2010498373.684.42$4,639
Jul 2010398672.554.74$4,888
Jun 2010284970.364.91$4,310
May 2010397471.124.24$4,338
Apr 2010393181.694.12$4,083
Mar 2010384678.394.39$3,948
Feb 2010384673.585.44$4,825
Jan 2010387374.365.96$5,430
Dec 2009592071.445.48$5,402
Nov 200961,10574.593.75$4,593
Oct 200971,19972.544.11$5,436
Sep 200951,22365.543.06$4,076
Aug 200931,36167.423.22$4,583
Jul 200931,36161.133.46$4,899
Jun 200931,67466.163.90$6,719
May 200931,85054.743.93$7,427
Apr 2009392746.773.59$3,466
Mar 2009294042.144.06$3,900
Feb 2009284732.814.63$3,990
Jan 2009294135.865.37$5,126
Dec 2008177137.105.98$4,645
Nov 2008277855.496.86$5,448
Oct 2008295875.246.92$6,782
Sep 200811,087101.767.88$8,664
Aug 200821,185114.228.48$10,281
Jul 200821,082131.0811.39$12,586
Jun 200821,077131.3313.03$14,299
May 200821,092123.1711.57$12,885
Apr 20082981110.3110.45$10,477
Mar 200821,036101.909.66$10,216
Feb 200821,12592.538.77$10,052
Jan 200821,33690.388.21$11,144
Dec 200721,26788.337.30$9,428
Nov 200721,31091.677.29$9,735
Oct 200731,23282.856.92$8,776
Sep 200721,36875.846.24$8,694
Aug 200721,35269.066.39$8,775
Jul 200721,31970.906.39$8,567
Jun 200721,30062.007.55$9,937
May 200731,36958.747.85$10,918
Apr 200731,51559.617.81$12,004
Mar 200751,40856.927.30$10,566
Feb 200751,30555.108.22$10,997
Jan 200751,71350.306.73$11,775
Dec 200661,75356.656.92$12,468
Nov 200671,99754.207.62$15,592
Oct 200681,96354.906.01$12,244
Sep 200661,53160.085.04$8,072
Aug 200681,86168.717.34$14,209
Jul 200672,05669.376.34$13,526
Jun 200641,63366.286.38$10,690
May 200641,67866.016.42$11,045
Apr 200661,58864.397.36$12,075
Mar 2006131,73656.707.08$13,033
Feb 2006141,72657.597.75$14,185
Jan 2006151,96860.598.93$18,490
Dec 2005201,80754.9413.42$25,340
Nov 2005181,79454.6910.59$19,980
Oct 2005131,96158.3413.80$27,812
Sep 200541,82261.4512.08$22,254
Aug 200541,98161.519.80$19,654
Jul 2005101,44155.697.84$11,860
Jun 2005151,67552.337.38$13,148
May 2005151,84545.226.65$12,950
Apr 200591,98849.207.36$15,075
Mar 200551,39650.377.15$10,240
Feb 200541,26445.226.31$8,159
Jan 200541,42543.166.32$9,182
Dec 200441,43539.866.75$9,847
Nov 200441,51245.286.33$9,753
Oct 200452,15649.706.52$14,295
Sep 200441,65843.245.28$8,934
Aug 200441,74842.375.55$9,872
Jul 200442,02638.286.08$12,480
Jun 200431,78236.106.43$11,572
May 200432,04937.486.49$13,420
Apr 200431,72934.475.86$10,233
Mar 200431,86634.365.53$10,422
Feb 200432,41532.455.51$13,403
Jan 200451,68832.036.30$10,794
Dec 200341,70430.266.30$10,859
Nov 200331,71928.804.60$7,985
Oct 200331,86628.174.76$8,966
Sep 200321,88026.314.75$8,981
Aug 200321,94029.765.13$10,011
Jul 200331,95229.415.17$10,182
Jun 200331,94728.565.98$11,735
May 200332,07326.595.97$12,461
Apr 200331,99726.675.41$10,878
Mar 200331,99531.146.10$12,255
Feb 200332,00133.487.93$15,960
Jan 200332,24230.315.58$12,606
Dec 200232,27426.914.85$11,118
Nov 200252,23924.664.14$9,386
Oct 200242,23126.464.23$9,541
Sep 200242,21927.443.64$8,176
Aug 200252,71725.963.16$8,727
Jul 200232,45924.583.06$7,603
Jun 200232,52623.733.34$8,504
May 200232,89124.663.58$10,435
Apr 200232,83623.653.51$10,032
Mar 200232,89022.003.10$9,033
Feb 200222,71618.222.38$6,489
Jan 200232,95717.172.38$7,076
Dec 200143,10516.932.36$7,409
Nov 200163,11618.072.41$7,604
Oct 2001223,34919.782.53$8,904
Sep 2001203,29524.262.25$7,903
Aug 2001273,75824.873.05$12,145
Jul 2001593,82023.933.20$13,625
Jun 200123,71324.563.82$14,248
May 2001123,87325.524.31$16,988
Apr 200123,83024.685.34$20,484
Mar 2001104,03124.545.38$21,918
Feb 2001133,66527.755.77$21,497
Jan 2001144,30527.478.40$36,541
Dec 2000124,22826.889.12$38,892
Nov 2000114,44432.215.66$25,498
Oct 2000234,17531.235.15$22,201
Sep 2000104,38731.875.19$23,072
Aug 2000114,71229.644.54$21,722
Jul 2000135,10828.534.09$21,261
Jun 2000144,95329.304.40$22,190
May 2000225,46427.263.68$20,706
Apr 2000265,59324.513.12$18,065
Mar 200035,91928.422.86$17,012
Feb 2000185,61527.622.73$15,806
Jan 2000216,01325.272.48$15,446
Dec 1999366,36624.282.42$16,303
Nov 1999386,67723.192.43$17,133
Oct 1999287,87320.982.80$22,661
Sep 1999538,84221.752.62$24,309
Aug 1999319,52319.262.88$27,981
Jul 1999149,47317.892.37$22,724
Jun 199981,74815.942.36$4,256
May 1999163,15815.792.32$7,582
Apr 1999133,04615.102.21$6,922
Mar 1999113,20912.471.84$6,036
Feb 1999113,0199.981.82$5,598
Jan 1999123,33610.381.90$6,463
Dec 1998143,2499.201.77$5,890
Nov 1998163,37010.892.19$7,540
Oct 1998133,48312.421.97$7,020
Sep 1998133,48112.592.08$7,413
Aug 1998153,82611.301.91$7,467
Jul 1998153,79511.742.24$8,667
Jun 1998174,09611.242.24$9,355
May 1998494,47512.622.21$10,492
Apr 1998514,45313.042.51$11,821
Mar 1998484,49912.802.31$11,005
Feb 1998524,07013.952.30$10,083
Jan 1998604,67814.702.15$10,962
Dec 1997544,74516.322.41$12,322
Nov 1997414,88318.193.09$15,826
Oct 1997245,23819.253.15$16,961
Sep 1997265,32817.742.95$16,205
Aug 1997235,60717.862.55$14,735
Jul 1997245,76717.582.25$13,380
Jun 1997275,86417.242.26$13,702
May 1997276,35818.972.31$15,190
Apr 1997266,68117.882.08$14,380
Mar 1997337,27618.951.94$14,735
Feb 1997246,65220.492.21$15,165
Jan 1997327,88123.483.54$28,648
Dec 1996298,30823.32$676
Nov 1996318,40921.97$681
Oct 1996177,06723.31$396
Sep 1996188,61722.22$400
Aug 1996189,15920.26$365
Jul 19962815,21419.55$547
Jun 19962612,42618.73$487
May 19963115,97419.43$602
Apr 19965120,68321.51$1,097
Mar 19966625,28919.38$1,279
Feb 1996228,06216.98$374

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                  529 Mcf  × $  3.05 =     $1,611

────────────────────────────────────────────────────
Month total                                   $1,930

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/157216 is the state's own key, not one this site invented.