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 157245District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Dec 1995 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
366
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 Gas111996-03-28134108
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
CondensateDisposition2,209 bbl$65,923
GasProduction448,849 Mcf$1,087,834
Total$1,153,757

144,760 Mcf of this lease's gas, across 13 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 28.3417, -98.4532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34170, -98.45325 · 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
10,904 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 10,904 ft.

1 well

42-311331283010,904 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 (366)

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

366 months

May 20260136106.413.05$414
Apr 202603598.932.87$100
Mar 202603089.753.15$94
Feb 202617863.503.75$356
Jan 2026122359.138.00$1,843
Dec 2025146156.664.41$2,091
Nov 2025139158.593.93$1,594
Oct 2025040159.383.30$1,325
Sep 2025041762.743.08$1,283
Aug 2025033763.933.01$1,016
Jul 2025039866.743.32$1,319
Jun 2025049066.483.13$1,533
May 2025037160.553.23$1,199
Apr 2025051162.363.54$1,811
Mar 2025034967.704.27$1,490
Feb 2025050370.884.34$2,183
Jan 2025017574.324.28$749
Dec 2024026968.993.12$840
Nov 2024016769.052.20$367
Oct 2024033071.372.28$753
Sep 2024021269.612.36$501
Aug 2024036975.632.06$761
Jul 2024031679.932.15$678
Jun 2024028778.082.63$756
May 2024148578.812.20$1,145
Apr 2024057684.451.66$956
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023015971.262.61$415
Nov 2023010177.892.81$284
Oct 2023026385.443.09$812
Sep 2023043889.042.74$1,198
Aug 202307580.522.67$200
Jul 202305074.852.64$132
Jun 202303968.962.26$88
May 202303470.622.23$76
Apr 202302678.122.24$58
Mar 202305672.852.39$134
Feb 202307375.112.47$180
Jan 202302476.533.39$81
Dec 20220876.415.73$46
Nov 202204485.005.65$248
Oct 202201087.185.86$59
Sep 202204184.888.16$335
Aug 20220594.529.13$46
Jul 2022026101.587.54$196
Jun 2022032115.097.98$255
May 202208109.378.43$67
Apr 202208104.226.84$55
Mar 202208108.885.08$41
Feb 202201391.054.86$63
Jan 202201881.844.54$82
Dec 202101671.323.90$62
Nov 202101777.435.24$89
Oct 202102179.795.71$120
Sep 202108269.865.35$439
Aug 202105266.024.22$219
Jul 202108370.783.98$331
Jun 2021010469.493.38$352
May 202109663.483.02$290
Apr 202105460.362.76$149
Mar 202108961.302.72$242
Feb 202102657.805.55$144
Jan 202105850.412.81$163
Dec 2020015544.642.68$415
Nov 2020031238.772.71$844
Oct 202004236.972.48$104
Sep 20200537.091.99$10
Aug 202003939.982.39$93
Jul 202003438.371.83$62
Jun 20200034.901.69$0
May 202004116.921.81$74
Apr 20200714.751.80$13
Mar 202004230.341.86$78
Feb 202007349.881.98$145
Jan 2020041457.252.09$867
Dec 201905459.012.30$124
Nov 2019030855.302.75$847
Oct 2019014753.472.42$356
Sep 2019029255.052.66$776
Aug 201904453.112.30$101
Jul 201909456.272.46$231
Jun 2019016452.782.49$409
May 2019017558.482.74$480
Apr 2019019862.632.75$545
Mar 2019017456.803.06$533
Feb 2019013750.852.79$383
Jan 2019018046.033.23$581
Dec 2018016546.594.19$691
Nov 2018021852.934.24$924
Oct 201806461.443.40$217
Sep 2018015759.543.11$488
Aug 2018015959.403.07$488
Jul 2018014165.142.93$413
Jun 2018013660.183.08$418
May 2018011065.382.90$319
Apr 201801163.842.90$32
Mar 2018023261.222.79$647
Feb 2018021461.782.77$592
Jan 2018023462.874.01$938
Dec 2017025457.272.92$742
Nov 2017025755.423.12$801
Oct 2017041849.292.98$1,247
Sep 20170047.523.09$0
Aug 2017015445.373.00$463
Jul 2017024843.873.09$766
Jun 2017023142.493.09$713
May 2017022445.373.26$731
Apr 2017024147.933.21$774
Mar 2017025946.772.98$773
Feb 2017023350.452.95$688
Jan 2017027349.413.42$933
Dec 2016029648.763.72$1,102
Nov 2016031642.492.64$836
Oct 2016021746.193.09$671
Sep 2016027941.553.10$865
Aug 2016031841.442.92$930
Jul 2016328841.622.92$967
Jun 2016527345.352.69$960
May 2016428842.521.99$744
Apr 2016260036.561.99$1,268
Mar 2016160033.011.79$1,109
Feb 2016276226.472.06$1,625
Jan 2016131227.352.36$765
Dec 2015133832.362.00$709
Nov 2015128038.792.17$646
Oct 2015137643.552.43$956
Sep 2015117042.992.76$512
Aug 2015136740.162.87$1,094
Jul 2015030148.152.95$886
Jun 201511756.152.88$105
May 201514355.212.96$182
Apr 2015116849.822.71$505
Mar 2015137242.892.93$1,135
Feb 2015026844.662.98$798
Jan 2015120443.433.10$676
Dec 2014119554.693.59$755
Nov 2014231270.464.25$1,467
Oct 2014116478.303.90$718
Sep 2014253386.164.05$2,329
Aug 2014335289.394.04$1,689
Jul 2014241396.564.18$1,919
Jun 2014241898.164.74$2,176
May 2014347194.734.73$2,510
Apr 2014249395.944.81$2,563
Mar 2014361595.895.06$3,398
Feb 2014262397.406.19$4,052
Jan 2014266890.404.86$3,428
Dec 2013262891.824.35$2,918
Nov 2013260688.853.74$2,443
Oct 2013344597.423.78$1,974
Sep 20132376104.113.72$1,606
Aug 20132218104.253.52$976
Jul 20132259102.523.72$1,168
Jun 2013227194.403.93$1,255
May 2013220394.834.15$1,032
Apr 2013232293.964.28$1,567
Mar 2013347793.623.91$2,147
Feb 2013262691.233.42$2,323
Jan 2013459591.603.42$2,401
Dec 2012558786.773.42$2,441
Nov 2012553686.953.62$2,378
Oct 2012454889.383.40$2,221
Sep 2012549194.672.92$1,906
Aug 2012647392.662.91$1,932
Jul 2012450385.133.02$1,860
Jun 2012445079.822.52$1,453
May 2012554391.612.49$1,809
Apr 20125572101.652.00$1,650
Mar 20125641105.052.22$1,950
Feb 20125596101.102.57$2,037
Jan 2012564098.092.73$2,240
Dec 2011561196.873.24$2,464
Nov 2011561295.723.31$2,505
Oct 2011557584.983.65$2,523
Sep 2011351083.623.99$2,284
Aug 2011349183.404.15$2,288
Jul 2011451094.144.52$2,680
Jun 2011341592.904.64$2,204
May 2011445498.134.40$2,392
Apr 20114438105.964.33$2,322
Mar 2011450796.364.06$2,443
Feb 2011351485.644.18$2,405
Jan 2011354786.504.59$2,770
Dec 2010451685.734.35$2,586
Nov 2010450580.843.80$2,240
Oct 2010553778.103.51$2,275
Sep 2010547272.633.98$2,241
Aug 2010549173.684.42$2,538
Jul 2010349472.554.74$2,557
Jun 2010345670.364.91$2,450
May 2010348171.124.24$2,251
Apr 2010349581.694.12$2,286
Mar 2010455778.394.39$2,758
Feb 2010349573.585.44$2,915
Jan 2010353674.365.96$3,420
Dec 2009652671.445.48$3,313
Nov 2009652274.593.75$2,406
Oct 2009748172.544.11$2,485
Sep 2009545965.543.06$1,734
Aug 2009339867.423.22$1,483
Jul 2009239161.133.46$1,477
Jun 2009342166.163.90$1,838
May 2009347354.743.93$2,021
Apr 2009357046.773.59$2,185
Mar 2009263442.144.06$2,658
Feb 2009258232.814.63$2,762
Jan 2009275135.865.37$4,105
Dec 2008164437.105.98$3,886
Nov 2008256855.496.86$4,008
Oct 2008262675.246.92$4,484
Sep 20081656101.767.88$5,269
Aug 20082667114.228.48$5,887
Jul 20081619131.0811.39$7,181
Jun 20082584131.3313.03$7,874
May 20081616123.1711.57$7,253
Apr 20082589110.3110.45$6,379
Mar 20082706101.909.66$7,027
Feb 2008279092.538.77$7,114
Jan 2008294190.388.21$7,902
Dec 2007283888.337.30$6,296
Nov 2007279691.677.29$5,988
Oct 2007369482.856.92$5,052
Sep 2007270675.846.24$4,560
Aug 2007267369.066.39$4,437
Jul 2007266270.906.39$4,371
Jun 2007261162.007.55$4,736
May 2007260758.747.85$4,880
Apr 2007241859.617.81$3,382
Mar 2007235756.927.30$2,721
Feb 2007364455.108.22$5,456
Jan 2007382750.306.73$5,714
Dec 2006379956.656.92$5,698
Nov 2006381554.207.62$6,371
Oct 2006476954.906.01$4,844
Sep 2006371960.085.04$3,802
Aug 2006470468.717.34$5,442
Jul 2006472169.376.34$4,851
Jun 2006471766.286.38$4,842
May 2006473766.016.42$4,999
Apr 2006369164.397.36$5,279
Mar 2006373056.707.08$5,341
Feb 2006470957.597.75$5,726
Jan 2006379060.598.93$7,239
Dec 2005374654.9413.42$10,173
Nov 2005363754.6910.59$6,909
Oct 2005358558.3413.80$8,246
Sep 2005461261.4512.08$7,638
Aug 2005362361.519.80$6,288
Jul 2005342555.697.84$3,501
Jun 2005443152.337.38$3,391
May 2005455245.226.65$3,852
Apr 2005465849.207.36$5,040
Mar 2005572450.377.15$5,432
Feb 2005374245.226.31$4,819
Jan 2005485743.166.32$5,591
Dec 2004493539.866.75$6,472
Nov 2004252545.286.33$3,414
Oct 2004433049.706.52$2,349
Sep 2004439043.245.28$2,234
Aug 2004330342.375.55$1,809
Jul 2004214938.286.08$983
Jun 2004236836.106.43$2,440
May 2004377437.486.49$5,139
Apr 2004381934.475.86$4,901
Mar 2004385134.365.53$4,809
Feb 2004392732.455.51$5,205
Jan 200451,01532.036.30$6,554
Dec 200341,00330.266.30$6,442
Nov 2003391328.804.60$4,282
Oct 2003391028.174.76$4,416
Sep 2003286426.314.75$4,156
Aug 2003275129.765.13$3,912
Jul 2003379029.415.17$4,173
Jun 2003374128.565.98$4,519
May 2003376726.595.97$4,661
Apr 2003382626.675.41$4,546
Mar 2003393531.146.10$5,793
Feb 2003395533.487.93$7,670
Jan 200331,07930.315.58$6,114
Dec 2002223526.914.85$1,194
Nov 2002249724.664.14$2,105
Oct 2002255326.464.23$2,392
Sep 2002860927.443.64$2,433
Aug 2002665825.963.16$2,238
Jul 2002215224.583.06$515
Jun 2002558323.733.34$2,065
May 2002348124.663.58$1,798
Apr 2002267023.653.51$2,401
Mar 20021460922.003.10$2,198
Feb 2002853018.222.38$1,405
Jan 2002462917.172.38$1,563
Dec 2001450116.932.36$1,252
Nov 2001457718.072.41$1,460
Oct 2001564719.782.53$1,735
Sep 2001755424.262.25$1,417
Aug 2001967724.873.05$2,291
Jul 2001158023.933.20$1,878
Jun 2001067524.563.82$2,581
May 2001468425.524.31$3,048
Apr 20011171024.685.34$4,060
Mar 20011568924.545.38$4,072
Feb 2001952127.755.77$3,254
Jan 2001111,06227.478.40$9,222
Dec 200071,42626.889.12$13,197
Nov 200001,30532.215.66$7,384
Oct 200001,40231.235.15$7,214
Sep 200081,43031.875.19$7,672
Aug 200091,52829.644.54$7,205
Jul 2000121,68728.534.09$7,242
Jun 2000141,60629.304.40$7,472
May 2000101,52527.263.68$5,884
Apr 2000161,95224.513.12$6,475
Mar 200012,46728.422.86$7,083
Feb 2000122,28427.622.73$6,559
Jan 2000142,77025.272.48$7,225
Dec 1999161,70224.282.42$4,514
Nov 1999182,56323.192.43$6,656
Oct 1999143,09420.982.80$8,968
Sep 1999223,32321.752.62$9,181
Aug 1999263,60019.262.88$10,853
Jul 1999163,14717.892.37$7,752
Jun 1999254,13015.942.36$10,154
May 1999244,34315.792.32$10,459
Apr 1999244,49315.102.21$10,283
Mar 1999235,11412.471.84$9,688
Feb 199983,5229.981.82$6,482
Jan 1999135,28810.381.90$10,182
Dec 1998174,0409.201.77$7,321
Nov 1998225,00510.892.19$11,179
Oct 1998195,20012.421.97$10,476
Sep 1998215,87512.592.08$12,500
Aug 1998266,94611.301.91$13,542
Jul 1998266,88511.742.24$15,709
Jun 1998389,35811.242.24$21,363
May 1998153,77712.622.21$8,523
Apr 1998112,65513.042.51$6,795
Mar 1998133,32012.802.31$7,834
Feb 1998143,03713.952.30$7,178
Jan 1998173,50614.702.15$7,805
Dec 1997153,52516.322.41$8,744
Nov 1997163,62018.193.09$11,471
Oct 1997173,86119.253.15$12,489
Sep 1997193,94017.742.95$11,979
Aug 1997164,14217.862.55$10,867
Jul 1997174,28817.582.25$9,934
Jun 1997194,37517.242.26$10,203
May 1997194,60618.972.31$10,993
Apr 1997204,79317.882.08$10,340
Mar 1997214,98818.951.94$10,070
Feb 1997225,21020.492.21$11,944
Jan 1997316,01723.483.54$22,026
Dec 1996306,51323.32$700
Nov 1996458,35921.97$989
Oct 1996396,72723.31$909
Sep 1996377,11122.22$822
Aug 1996428,58520.26$851
Jul 1996398,89819.55$762
Jun 1996458,90618.73$843
May 19965110,70519.43$991
Apr 19966911,49721.51$1,484
Mar 19969314,49019.38$1,802
Feb 199613219,81316.98$2,241
Jan 199612824,61417.07$2,185
Dec 1995348,54217.19$584

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                  136 Mcf  × $  3.05 =       $414

────────────────────────────────────────────────────
Month total                                     $414

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/157245 is the state's own key, not one this site invented.