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 157266District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1996 – May 2026
Value, last 12 filed months
$34 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 Gas111996-11-14135375
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
CondensateDisposition4,077 bbl$119,499
GasProduction447,539 Mcf$1,341,405
Total$1,460,904

104,589 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 28.3739, -98.4262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37391, -98.42618 · 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
10,920 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 10,920 ft.

Completions filed
Jan 1996
1 of 1 wells

1 well

42-31133140310,920 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 20260769106.413.05$2,342
Apr 20262962198.932.87$4,651
Mar 20263168889.753.15$4,949
Feb 20263337863.503.75$3,513
Jan 2026041559.138.00$3,319
Dec 20252955256.664.41$4,079
Nov 20251920958.593.93$1,934
Oct 2025038159.383.30$1,259
Sep 20251871362.743.08$3,323
Aug 2025058163.933.01$1,752
Jul 20251626566.743.32$1,946
Jun 2025016066.483.13$501
May 20251624360.553.23$1,754
Apr 20251526562.363.54$1,874
Mar 20251225867.704.27$1,914
Feb 20253519370.884.34$3,319
Jan 20251842074.324.28$3,135
Dec 20242491368.993.12$4,506
Nov 2024063569.052.20$1,396
Oct 20242851471.372.28$3,171
Sep 2024086869.612.36$2,052
Aug 20242378575.632.06$3,359
Jul 202401,33479.932.15$2,864
Jun 2024111,37378.082.63$4,475
May 20241082278.812.20$2,595
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023053671.262.61$1,399
Nov 202301,02077.892.81$2,864
Oct 2023253585.443.09$1,823
Sep 2023471289.042.74$2,304
Aug 20230080.522.67$0
Jul 2023315574.852.64$634
Jun 202303068.962.26$68
May 2023022170.622.23$492
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023025675.112.47$631
Jan 2023011676.533.39$393
Dec 202208476.415.73$481
Nov 2022044585.005.65$2,513
Oct 2022049287.185.86$2,885
Sep 2022026984.888.16$2,196
Aug 2022018094.529.13$1,643
Jul 202250101.587.54$508
Jun 202200115.097.98$0
May 2022110109.378.43$1,203
Apr 202200104.226.84$0
Mar 20220114108.885.08$579
Feb 2022014691.054.86$709
Jan 2022047081.844.54$2,133
Dec 2021043071.323.90$1,677
Nov 2021040677.435.24$2,126
Oct 20211329179.795.71$2,700
Sep 2021023269.865.35$1,241
Aug 2021024166.024.22$1,017
Jul 2021032570.783.98$1,294
Jun 20211650969.493.38$2,833
May 20210063.483.02$0
Apr 2021012160.362.76$334
Mar 2021023761.302.72$644
Feb 2021121357.805.55$766
Jan 2021028650.412.81$804
Dec 2020035844.642.68$958
Nov 2020814738.772.71$708
Oct 2020027036.972.48$669
Sep 2020032837.091.99$653
Aug 2020718439.982.39$719
Jul 2020817538.371.83$626
Jun 2020911734.901.69$512
May 2020025016.921.81$454
Apr 2020022714.751.80$410
Mar 20201230030.341.86$921
Feb 2020029349.881.98$580
Jan 20201240557.252.09$1,535
Dec 2019062259.012.30$1,433
Nov 2019356455.302.75$1,717
Oct 2019048853.472.42$1,180
Sep 2019146055.052.66$1,277
Aug 2019029053.112.30$668
Jul 2019039356.272.46$967
Jun 2019037852.782.49$942
May 2019028158.482.74$770
Apr 2019030262.632.75$831
Mar 2019037756.803.06$1,154
Feb 2019046050.852.79$1,284
Jan 2019135946.033.23$1,205
Dec 2018137846.594.19$1,629
Nov 2018254052.934.24$2,394
Oct 2018273561.443.40$2,620
Sep 2018023859.543.11$740
Aug 2018025859.403.07$791
Jul 2018022865.142.93$668
Jun 2018024660.183.08$757
May 2018030765.382.90$891
Apr 2018130663.842.90$951
Mar 2018122161.222.79$677
Feb 20180061.782.77$0
Jan 2018035362.874.01$1,415
Dec 2017237257.272.92$1,201
Nov 2017064355.423.12$2,005
Oct 2017550949.292.98$1,765
Sep 20170047.523.09$0
Aug 2017039045.373.00$1,172
Jul 2017039343.873.09$1,213
Jun 2017040842.493.09$1,260
May 2017347645.373.26$1,689
Apr 2017062847.933.21$2,017
Mar 2017652546.772.98$1,847
Feb 2017046950.452.95$1,385
Jan 2017058049.413.42$1,983
Dec 2016055748.763.72$2,074
Nov 2016062842.492.64$1,661
Oct 2016038346.193.09$1,184
Sep 2016241741.553.10$1,376
Aug 2016035441.442.92$1,035
Jul 2016046541.622.92$1,360
Jun 2016047645.352.69$1,278
May 2016015242.521.99$303
Apr 2016016636.561.99$331
Mar 2016059233.011.79$1,062
Feb 2016011726.472.06$241
Jan 2016017227.352.36$407
Dec 2015022332.362.00$446
Nov 2015046238.792.17$1,001
Oct 2015054143.552.43$1,313
Sep 2015057242.992.76$1,578
Aug 2015073940.162.87$2,123
Jul 2015059648.152.95$1,755
Jun 2015065656.152.88$1,891
May 2015019955.212.96$588
Apr 2015145449.822.71$1,279
Mar 2015221542.892.93$717
Feb 2015047944.662.98$1,426
Jan 2015422943.433.10$884
Dec 2014021554.693.59$772
Nov 2014222270.464.25$1,085
Oct 2014148478.303.90$1,966
Sep 2014134686.164.05$1,486
Aug 2014069689.394.04$2,808
Jul 2014038196.564.18$1,592
Jun 2014164898.164.74$3,168
May 2014234294.734.73$1,806
Apr 2014232995.944.81$1,774
Mar 2014235695.895.06$1,992
Feb 2014632097.406.19$2,566
Jan 2014427290.404.86$1,684
Dec 2013037891.824.35$1,646
Nov 2013047188.853.74$1,761
Oct 2013051497.423.78$1,943
Sep 20130488104.113.72$1,814
Aug 20130354104.253.52$1,247
Jul 20130443102.523.72$1,647
Jun 2013034994.403.93$1,373
May 2013046794.834.15$1,938
Apr 2013043793.964.28$1,871
Mar 2013048293.623.91$1,886
Feb 2013058891.233.42$2,011
Jan 2013061291.603.42$2,093
Dec 2012059286.773.42$2,025
Nov 2012053786.953.62$1,947
Oct 2012049989.383.40$1,696
Sep 2012059194.672.92$1,725
Aug 2012052792.662.91$1,533
Jul 2012052485.133.02$1,583
Jun 2012052479.822.52$1,320
May 2012047891.612.49$1,189
Apr 20121507101.652.00$1,114
Mar 20121548105.052.22$1,323
Feb 20120563101.102.57$1,447
Jan 2012040698.092.73$1,110
Dec 2011140496.873.24$1,406
Nov 2011056395.723.31$1,864
Oct 2011034484.983.65$1,255
Sep 2011018883.623.99$749
Aug 2011117083.404.15$789
Jul 2011024494.144.52$1,102
Jun 2011015992.904.64$738
May 2011119998.134.40$975
Apr 20111191105.964.33$934
Mar 2011321696.364.06$1,165
Feb 2011024385.644.18$1,016
Jan 2011229386.504.59$1,518
Dec 2010223185.734.35$1,176
Nov 2010126780.843.80$1,094
Oct 2010124978.103.51$952
Sep 2010126772.633.98$1,135
Aug 2010131273.684.42$1,453
Jul 2010022972.554.74$1,085
Jun 2010134870.364.91$1,779
May 201021,11971.124.24$4,881
Apr 201001,12681.694.12$4,642
Mar 201021,27178.394.39$5,735
Feb 201001,13273.585.44$6,161
Jan 201021,13274.365.96$6,900
Dec 200911,36471.445.48$7,551
Nov 200921,34674.593.75$5,199
Oct 200911,49772.544.11$6,226
Sep 200921,91865.543.06$6,009
Aug 200911,86467.423.22$6,067
Jul 200911,73861.133.46$6,082
Jun 200911,76566.163.90$6,941
May 200911,90654.743.93$7,537
Apr 200901,77146.773.59$6,353
Mar 200912,21742.144.06$9,041
Feb 200911,41032.814.63$6,565
Jan 200921,48935.865.37$8,069
Dec 200801,54637.105.98$9,241
Nov 200811,60755.496.86$11,080
Oct 200801,08375.246.92$7,497
Sep 200811,428101.767.88$11,350
Aug 200802,061114.228.48$17,484
Jul 200801,572131.0811.39$17,904
Jun 200811,661131.3313.03$21,779
May 200801,437123.1711.57$16,632
Apr 200811,320110.3110.45$13,911
Mar 200801,304101.909.66$12,602
Feb 200811,63792.538.77$14,450
Jan 200831,28890.388.21$10,840
Dec 2007049788.337.30$3,629
Nov 2007190591.677.29$6,691
Oct 2007184782.856.92$5,946
Sep 2007176275.846.24$4,834
Aug 200711,03269.066.39$6,661
Jul 2007179970.906.39$5,175
Jun 2007177962.007.55$5,942
May 2007081158.747.85$6,363
Apr 2007176559.617.81$6,031
Mar 2007181656.927.30$6,015
Feb 20072174755.108.22$7,294
Jan 20071480650.306.73$6,126
Dec 2006587656.656.92$6,344
Nov 2006577854.207.62$6,197
Oct 2006586554.906.01$5,476
Sep 2006085060.085.04$4,282
Aug 2006882968.717.34$6,634
Jul 20061194769.376.34$6,770
Jun 20061889266.286.38$6,887
May 2006088766.016.42$5,699
Apr 20061094564.397.36$7,600
Mar 2006978356.707.08$6,056
Feb 2006771857.597.75$5,968
Jan 2006682360.598.93$7,716
Dec 200551,06654.9413.42$14,576
Nov 20051191554.6910.59$10,290
Oct 2005094258.3413.80$12,996
Sep 200551,21261.4512.08$14,947
Aug 200551,30861.519.80$13,122
Jul 2005584455.697.84$6,898
Jun 2005385152.337.38$6,438
May 2005385845.226.65$5,842
Apr 2005394849.207.36$7,125
Mar 2005591450.377.15$6,791
Feb 200531,00745.226.31$6,492
Jan 2005333343.166.32$2,235
Dec 2004537639.866.75$2,738
Nov 2004160245.286.33$3,856
Oct 2004137149.706.52$2,467
Sep 2004161143.245.28$3,272
Aug 2004161642.375.55$3,462
Jul 2004234138.286.08$2,151
Jun 2004139636.106.43$2,584
May 200431,07937.486.49$7,120
Apr 2004750834.475.86$3,217
Mar 2004849134.365.53$2,990
Feb 2004171,00932.455.51$6,111
Jan 20042088432.036.30$6,209
Dec 20032147130.266.30$3,604
Nov 20032051628.804.60$2,947
Oct 200361,22428.174.76$5,995
Sep 2003646726.314.75$2,376
Aug 2003787429.765.13$4,692
Jul 20031053529.415.17$3,061
Jun 20031052528.565.98$3,427
May 2003141,03626.595.97$6,560
Apr 200391,10326.675.41$6,204
Mar 200361,25331.146.10$7,825
Feb 2003599133.487.93$8,022
Jan 200361,18630.315.58$6,802
Dec 200281,36026.914.85$6,816
Nov 2002150424.664.14$2,110
Oct 2002091526.464.23$3,870
Sep 2002156227.443.64$2,070
Aug 2002294425.963.16$3,039
Jul 2002388724.583.06$2,790
Jun 2002661223.733.34$2,185
May 200231,07224.663.58$3,916
Apr 2002288123.653.51$3,142
Mar 20022089322.003.10$3,211
Feb 20021979918.222.38$2,244
Jan 200261,00517.172.38$2,491
Dec 2001111,05816.932.36$2,688
Nov 2001942618.072.41$1,187
Oct 2001151,32919.782.53$3,658
Sep 20012367824.262.25$2,084
Aug 2001161,36624.873.05$4,569
Jul 2001459823.933.20$2,008
Jun 2001541924.563.82$1,725
May 20011347225.524.31$2,365
Apr 20011257524.685.34$3,364
Mar 2001972724.545.38$4,130
Feb 2001595127.755.77$5,623
Jan 200161,20827.478.40$10,311
Dec 2000131,16026.889.12$10,932
Nov 2000361,18932.215.66$7,887
Oct 20002399831.235.15$5,854
Sep 2000261,09831.875.19$6,523
Aug 2000201,49829.644.54$7,395
Jul 2000371,74028.534.09$8,172
Jun 2000611,37829.304.40$7,847
May 2000211,56927.263.68$6,346
Apr 2000651,60824.513.12$6,604
Mar 2000821,48228.422.86$6,569
Feb 2000441,50127.622.73$5,308
Jan 2000302,06525.272.48$5,880
Dec 1999342,15724.282.42$6,053
Nov 1999251,85523.192.43$5,095
Oct 1999341,80720.982.80$5,780
Sep 1999241,94421.752.62$5,613
Aug 1999192,17619.262.88$6,623
Jul 1999202,23517.892.37$5,660
Jun 1999212,36015.942.36$5,909
May 1999351,93615.792.32$5,046
Apr 1999192,11515.102.21$4,957
Mar 1999182,44612.471.84$4,721
Feb 1999152,3919.981.82$4,496
Jan 1999252,75910.381.90$5,501
Dec 1998282,9379.201.77$5,466
Nov 1998422,99810.892.19$7,010
Oct 1998293,08712.421.97$6,439
Sep 1998433,25312.592.08$7,316
Aug 1998553,55511.301.91$7,402
Jul 1998274,03611.742.24$9,347
Jun 1998283,94311.242.24$9,136
May 1998313,38212.622.21$7,853
Apr 1998383,20013.042.51$8,513
Mar 1998464,24512.802.31$10,392
Feb 1998293,81513.952.30$9,176
Jan 1998364,24614.702.15$9,678
Dec 1997434,55316.322.41$11,680
Nov 1997364,72818.193.09$15,256
Oct 1997445,14119.253.15$17,040
Sep 1997325,14517.742.95$15,771
Aug 1997315,69217.862.55$15,095
Jul 1997325,73217.582.25$13,442
Jun 1997395,73217.242.26$13,611
May 1997446,20618.972.31$15,161
Apr 1997836,67417.882.08$15,385
Mar 1997677,30718.951.94$15,439
Feb 19971036,93920.492.21$17,417
Jan 1997848,35323.483.54$31,539
Dec 1996789,87823.32$1,819
Nov 1996799,08221.97$1,736
Oct 1996896723.31$186
Sep 1996415,58922.22$911
Aug 1996587,12720.26$1,175
Jul 1996608,68019.55$1,173
Jun 1996698,01618.73$1,292
May 19961339,51119.43$2,584
Apr 199616311,31321.51$3,506
Mar 199620415,35619.38$3,954
Feb 199621019,07016.98$3,566
Jan 19960017.07$0

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                  769 Mcf  × $  3.05 =     $2,342

────────────────────────────────────────────────────
Month total                                   $2,342

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/157266 is the state's own key, not one this site invented.