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 157464District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Feb 1996 – May 2026
Value, last 12 filed months
$35 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 Gas111996-06-14134461
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
CondensateDisposition3,890 bbl$154,847
GasProduction805,478 Mcf$2,315,190
Total$2,470,037

220,174 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 28.3452, -98.4625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34519, -98.46255 · 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
10,627 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 10,627 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-311331353210,627 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 2026487106.413.05$691
Apr 20262438998.932.87$3,491
Mar 20262446689.753.15$3,622
Feb 20262954363.503.75$3,878
Jan 20261939759.138.00$4,299
Dec 20252957556.664.41$4,181
Nov 20253372758.593.93$4,788
Oct 2025773059.383.30$2,828
Sep 2025841762.743.08$1,785
Aug 2025433963.933.01$1,278
Jul 2025640366.743.32$1,736
Jun 2025747766.483.13$1,958
May 20251114360.553.23$1,128
Apr 20251140462.363.54$2,117
Mar 2025719467.704.27$1,302
Feb 20251555970.884.34$3,490
Jan 2025845174.324.28$2,524
Dec 2024735868.993.12$1,600
Nov 2024212169.052.20$404
Oct 2024211071.372.28$394
Sep 202423769.612.36$227
Aug 2024837575.632.06$1,379
Jul 20246079.932.15$480
Jun 2024913078.082.63$1,045
May 2024829578.812.20$1,279
Apr 2024212884.451.66$381
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240473.023.30$13
Dec 2023719771.262.61$1,013
Nov 202359677.892.81$659
Oct 2023315485.443.09$732
Sep 2023544489.042.74$1,660
Aug 2023817680.522.67$1,115
Jul 20231124474.852.64$1,468
Jun 2023519668.962.26$787
May 20231434570.622.23$1,757
Apr 20231327578.122.24$1,631
Mar 20231426572.852.39$1,654
Feb 20231936475.112.47$2,325
Jan 20231221776.533.39$1,654
Dec 20221218876.415.73$1,994
Nov 20221527785.005.65$2,839
Oct 2022819487.185.86$1,835
Sep 20221023484.888.16$2,759
Aug 20221325794.529.13$3,574
Jul 202212281101.587.54$3,338
Jun 202210170115.097.98$2,507
May 202210219109.378.43$2,941
Apr 202218202104.226.84$3,257
Mar 202214137108.885.08$2,220
Feb 20221821991.054.86$2,703
Jan 20221615981.844.54$2,031
Dec 20211527971.323.90$2,158
Nov 2021814677.435.24$1,384
Oct 20211823079.795.71$2,750
Sep 20212228369.865.35$3,051
Aug 20211116366.024.22$1,414
Jul 20211520970.783.98$1,894
Jun 20212128769.493.38$2,430
May 2021912363.483.02$942
Apr 2021510460.362.76$589
Mar 202154861.302.72$437
Feb 2021108457.805.55$1,044
Jan 202142750.412.81$278
Dec 2020117844.642.68$700
Nov 2020113538.772.71$404
Oct 20201036.972.48$37
Sep 202013037.091.99$97
Aug 2020114439.982.39$383
Jul 2020116538.371.83$340
Jun 2020510934.901.69$359
May 202007516.921.81$136
Apr 202042114.751.80$97
Mar 20201213930.341.86$622
Feb 20201623749.881.98$1,268
Jan 20201511357.252.09$1,095
Dec 20191031159.012.30$1,307
Nov 2019930255.302.75$1,328
Oct 2019014153.472.42$341
Sep 2019031655.052.66$840
Aug 2019122653.112.30$574
Jul 2019016156.272.46$396
Jun 2019131052.782.49$825
May 2019230958.482.74$964
Apr 20191519062.632.75$1,462
Mar 201965456.803.06$506
Feb 2019722150.852.79$973
Jan 2019831046.033.23$1,369
Dec 2018939346.594.19$2,064
Nov 2018728552.934.24$1,578
Oct 2018138161.443.40$1,356
Sep 2018128059.543.11$930
Aug 2018131159.403.07$1,013
Jul 2018131865.142.93$997
Jun 2018123060.183.08$768
May 2018015665.382.90$453
Apr 2018129563.842.90$920
Mar 201801,93861.222.79$5,401
Feb 2018016961.782.77$467
Jan 2018127062.874.01$1,145
Dec 2017122257.272.92$706
Nov 2017126755.423.12$888
Oct 2017222549.292.98$770
Sep 2017143647.523.09$1,394
Aug 2017127445.373.00$869
Jul 2017246443.873.09$1,520
Jun 2017141242.493.09$1,314
May 2017138745.373.26$1,308
Apr 2017136147.933.21$1,207
Mar 2017038246.772.98$1,140
Feb 2017134850.452.95$1,078
Jan 2017135049.413.42$1,246
Dec 2016132048.763.72$1,240
Nov 2016174042.492.64$1,999
Oct 2016145846.193.09$1,462
Sep 2016246541.553.10$1,525
Aug 2016145241.442.92$1,363
Jul 2016122941.622.92$711
Jun 2016121445.352.69$620
May 2016130842.521.99$656
Apr 2016150336.561.99$1,038
Mar 2016049833.011.79$893
Feb 2016042226.472.06$871
Jan 2016031227.352.36$738
Dec 2015030732.362.00$614
Nov 2015044438.792.17$962
Oct 2015041843.552.43$1,014
Sep 2015029942.992.76$825
Aug 2015047140.162.87$1,353
Jul 2015140748.152.95$1,247
Jun 2015137156.152.88$1,126
May 2015139555.212.96$1,223
Apr 2015147449.822.71$1,333
Mar 2015152542.892.93$1,584
Feb 2015148044.662.98$1,473
Jan 2015033843.433.10$1,048
Dec 2014044654.693.59$1,602
Nov 2014060270.464.25$2,560
Oct 2014043778.303.90$1,705
Sep 2014053686.164.05$2,168
Aug 2014033789.394.04$1,360
Jul 2014045396.564.18$1,893
Jun 2014037298.164.74$1,762
May 2014043794.734.73$2,066
Apr 2014060595.944.81$2,910
Mar 2014044895.895.06$2,265
Feb 2014034397.406.19$2,124
Jan 2014043690.404.86$2,119
Dec 2013055591.824.35$2,417
Nov 2013046788.853.74$1,746
Oct 2013050397.423.78$1,901
Sep 20130268104.113.72$996
Aug 20130483104.253.52$1,701
Jul 20133558102.523.72$2,382
Jun 2013561294.403.93$2,879
May 2013358594.834.15$2,712
Apr 2013363293.964.28$2,988
Mar 2013469093.623.91$3,074
Feb 2013261191.233.42$2,272
Jan 2013373891.603.42$2,799
Dec 2012366086.773.42$2,518
Nov 2012474586.953.62$3,048
Oct 2012377489.383.40$2,899
Sep 2012482894.672.92$2,795
Aug 2012497192.662.91$3,194
Jul 2012351885.133.02$1,820
Jun 2012358779.822.52$1,718
May 2012461491.612.49$1,894
Apr 20123604101.652.00$1,511
Mar 20123559105.052.22$1,557
Feb 20123533101.102.57$1,673
Jan 2012463898.092.73$2,137
Dec 2011467896.873.24$2,584
Nov 2011473895.723.31$2,827
Oct 2011471584.983.65$2,949
Sep 2011369083.623.99$3,001
Aug 2011375083.404.15$3,362
Jul 2011378194.144.52$3,810
Jun 2011372192.904.64$3,624
May 2011477398.134.40$3,797
Apr 20113798105.964.33$3,776
Mar 2011485896.364.06$3,867
Feb 2011374185.644.18$3,354
Jan 2011482386.504.59$4,123
Dec 2010584485.734.35$4,098
Nov 2010491980.843.80$3,811
Oct 201041,01778.103.51$3,881
Sep 2010597872.633.98$4,255
Aug 201041,00773.684.42$4,745
Jul 2010398872.554.74$4,897
Jun 2010293770.364.91$4,742
May 2010398171.124.24$4,368
Apr 201031,02481.694.12$4,467
Mar 201041,07178.394.39$5,014
Feb 2010398073.585.44$5,554
Jan 201031,09974.365.96$6,778
Dec 200961,11171.445.48$6,521
Nov 200961,20374.593.75$4,961
Oct 200971,26772.544.11$5,715
Sep 200951,24265.543.06$4,134
Aug 200931,24067.423.22$4,193
Jul 200931,29861.133.46$4,680
Jun 200931,45366.163.90$5,858
May 200931,00054.743.93$4,090
Apr 2009394446.773.59$3,527
Mar 2009296442.144.06$3,997
Feb 2009288032.814.63$4,143
Jan 200921,01535.865.37$5,523
Dec 2008190137.105.98$5,423
Nov 2008283355.496.86$5,826
Oct 2008288475.246.92$6,270
Sep 200811,078101.767.88$8,593
Aug 200821,214114.228.48$10,527
Jul 20081951131.0811.39$10,962
Jun 200821,100131.3313.03$14,599
May 200811,113123.1711.57$13,005
Apr 20082952110.3110.45$10,174
Mar 200821,082101.909.66$10,660
Feb 200821,14692.538.77$10,236
Jan 200821,25690.388.21$10,487
Dec 200721,32088.337.30$9,815
Nov 200721,59691.677.29$11,821
Oct 200731,47482.856.92$10,452
Sep 200721,72375.846.24$10,910
Aug 200721,70869.066.39$11,049
Jul 200721,61770.906.39$10,471
Jun 200721,59962.007.55$12,194
May 200721,63958.747.85$12,978
Apr 200721,69959.617.81$13,380
Mar 200731,82756.927.30$13,511
Feb 200731,45755.108.22$12,136
Jan 200731,64050.306.73$11,183
Dec 200631,68356.656.92$11,814
Nov 200631,74254.207.62$13,432
Oct 200641,78054.906.01$10,924
Sep 200631,77960.085.04$9,141
Aug 200641,88768.717.34$14,125
Jul 200641,81369.376.34$11,777
Jun 200641,95766.286.38$12,758
May 200641,98166.016.42$12,992
Apr 200631,86664.397.36$13,928
Mar 200631,90756.707.08$13,677
Feb 200641,72857.597.75$13,624
Jan 2006321,98460.598.93$19,663
Dec 2005871,84054.9413.42$29,464
Nov 2005771,81454.6910.59$23,418
Oct 2005451,90958.3413.80$28,961
Sep 200541,81161.4512.08$22,121
Aug 200541,81061.519.80$17,978
Jul 200541,20355.697.84$9,659
Jun 200551,24252.337.38$9,429
May 200551,61545.226.65$10,968
Apr 200541,81349.207.36$13,541
Mar 200541,25550.377.15$9,181
Feb 200531,19545.226.31$7,678
Jan 200541,29043.166.32$8,328
Dec 200441,32639.866.75$9,111
Nov 200441,33945.286.33$8,658
Oct 200451,49349.706.52$9,976
Sep 200441,47443.245.28$7,961
Aug 200441,53542.375.55$8,690
Jul 200441,55438.286.08$9,608
Jun 200421,57236.106.43$10,185
May 200431,72637.486.49$11,322
Apr 200431,73734.475.86$10,280
Mar 200431,84234.365.53$10,290
Feb 200431,81032.455.51$10,070
Jan 200452,15632.036.30$13,742
Dec 200342,02830.266.30$12,901
Nov 2003102,28528.804.60$10,788
Oct 2003752,21128.174.76$12,636
Sep 20031682,18726.314.75$14,807
Aug 20031702,53929.765.13$18,084
Jul 20031132,53729.415.17$16,442
Jun 200332,46828.565.98$14,852
May 200332,65926.595.97$15,961
Apr 200332,61526.675.41$14,220
Mar 200332,64831.146.10$16,236
Feb 200332,46233.487.93$19,614
Jan 200332,75330.315.58$15,458
Dec 200232,45326.914.85$11,987
Nov 200242,40424.664.14$10,044
Oct 200242,53726.464.23$10,835
Sep 200232,39127.443.64$8,774
Aug 200202,75325.963.16$8,711
Jul 200232,72124.583.06$8,405
Jun 200272,78023.733.34$9,446
May 200242,78524.663.58$10,080
Apr 200232,87823.653.51$10,179
Mar 200213,03622.003.10$9,442
Feb 200202,71818.222.38$6,457
Jan 200233,15317.172.38$7,542
Dec 200142,90716.932.36$6,941
Nov 200143,14118.072.41$7,628
Oct 2001443,07419.782.53$8,644
Sep 2001393,43224.262.25$8,673
Aug 2001203,68424.873.05$11,745
Jul 2001153,67023.933.20$12,092
Jun 200173,45424.563.82$13,381
May 200123,59725.524.31$15,544
Apr 200123,52224.685.34$18,840
Mar 2001103,75724.545.38$20,445
Feb 2001113,41627.755.77$20,006
Jan 2001133,96127.478.40$33,625
Dec 2000114,00326.889.12$36,813
Nov 2000134,18132.215.66$24,075
Oct 2000234,47531.235.15$23,744
Sep 2000104,32131.875.19$22,730
Aug 2000114,83429.644.54$22,276
Jul 2000134,96128.534.09$20,660
Jun 2000144,73529.304.40$21,231
May 2000165,17827.263.68$19,490
Apr 2000135,23324.513.12$16,625
Mar 200025,63328.422.86$16,166
Feb 2000135,71427.622.73$15,938
Jan 2000205,33925.272.48$13,749
Dec 1999185,23224.282.42$13,118
Nov 1999466,95823.192.43$18,002
Oct 199951,82720.982.80$5,227
Sep 1999143,29021.752.62$8,921
Aug 1999123,44219.262.88$10,129
Jul 1999143,57717.892.37$8,736
Jun 1999163,86115.942.36$9,375
May 1999234,16915.792.32$10,040
Apr 1999124,06415.102.21$9,155
Mar 1999114,43112.471.84$8,283
Feb 1999104,1159.981.82$7,580
Jan 1999124,66010.381.90$8,978
Dec 1998144,5449.201.77$8,187
Nov 1998154,69210.892.19$10,419
Oct 1998134,94212.421.97$9,893
Sep 1998134,95312.592.08$10,479
Aug 1998155,49311.301.91$10,647
Jul 1998165,62411.742.24$12,770
Jun 1998165,68311.242.24$12,894
May 1998196,70512.622.21$15,033
Apr 1998196,28413.042.51$15,991
Mar 1998186,50912.802.31$15,263
Feb 1998205,98313.952.30$14,035
Jan 1998236,94514.702.15$15,303
Dec 1997217,05316.322.41$17,348
Nov 1997227,34518.193.09$23,083
Oct 1997268,20219.253.15$26,335
Sep 1997298,64917.742.95$26,071
Aug 1997258,94217.862.55$23,291
Jul 1997269,30317.582.25$21,360
Jun 1997309,52317.242.26$22,013
May 19973010,41018.972.31$24,601
Apr 19974611,73917.882.08$25,272
Mar 19974912,14918.951.94$24,487
Feb 19972911,38120.492.21$25,700
Jan 19974213,95923.483.54$50,397
Dec 19965115,82123.32$1,189
Nov 19966212,18721.97$1,362
Oct 1996429,04923.31$979
Sep 19963910,68422.22$867
Aug 19966120,04920.26$1,236
Jul 19965121,99119.55$997
Jun 19965821,32118.73$1,086
May 19966224,39019.43$1,205
Apr 19968125,64921.51$1,742
Mar 199610230,51419.38$1,977
Feb 199610028,51916.98$1,698

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             4 bbl  × $106.41 =       $426
Gas                   87 Mcf  × $  3.05 =       $265

────────────────────────────────────────────────────
Month total                                     $691

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/157464 is the state's own key, not one this site invented.