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 157479District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Mar 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
363
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 Gas111996-06-17134710
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
CondensateDisposition3,818 bbl$131,740
GasProduction730,503 Mcf$2,309,232
Total$2,440,973

160,859 Mcf of this lease's gas, across 10 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 28.3531, -98.4498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35309, -98.44985 · 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
10,723 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 10,723 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-311331553610,723 ftMar 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 (363)

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

363 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20221094.529.13$95
Jul 2022110101.587.54$177
Jun 2022443115.097.98$803
May 20224102109.378.43$1,298
Apr 2022467104.226.84$875
Mar 202200108.885.08$0
Feb 20222091.054.86$182
Jan 20222081.844.54$164
Dec 2021920771.323.90$1,449
Nov 2021823377.435.24$1,840
Oct 20212028279.795.71$3,207
Sep 20212130769.865.35$3,110
Aug 20211421366.024.22$1,823
Jul 20211522670.783.98$1,962
Jun 20211516569.493.38$1,600
May 20211214763.483.02$1,205
Apr 20211021960.362.76$1,208
Mar 20211319761.302.72$1,332
Feb 20211111957.805.55$1,296
Jan 20211223450.412.81$1,263
Dec 2020149844.642.68$887
Nov 2020013238.772.71$357
Oct 20200036.972.48$0
Sep 202005437.091.99$108
Aug 2020117239.982.39$450
Jul 2020014938.371.83$272
Jun 202046434.901.69$248
May 2020012316.921.81$223
Apr 202041414.751.80$84
Mar 20201010530.341.86$498
Feb 20201513849.881.98$1,022
Jan 20201815857.252.09$1,361
Dec 20191014959.012.30$933
Nov 20191353955.302.75$2,202
Oct 2019027953.472.42$675
Sep 201901,08755.052.66$2,888
Aug 2019110453.112.30$293
Jul 2019029356.272.46$721
Jun 2019129352.782.49$783
May 201931,45258.482.74$4,154
Apr 20191740362.632.75$2,173
Mar 2019129756.803.06$979
Feb 2019221,17950.852.79$4,411
Jan 2019252,12846.033.23$8,020
Dec 2018231,80546.594.19$8,626
Nov 2018221,89152.934.24$9,177
Oct 2018050461.443.40$1,713
Sep 2018019159.543.11$594
Aug 2018017359.403.07$531
Jul 2018041365.142.93$1,211
Jun 2018035960.183.08$1,105
May 2018050465.382.90$1,462
Apr 2018064863.842.90$1,880
Mar 2018076261.222.79$2,124
Feb 2018064361.782.77$1,779
Jan 2018064762.874.01$2,594
Dec 2017071957.272.92$2,101
Nov 2017072955.423.12$2,273
Oct 2017047449.292.98$1,414
Sep 2017018447.523.09$568
Aug 2017078945.373.00$2,370
Jul 201707043.873.09$216
Jun 2017061942.493.09$1,911
May 201701,43345.373.26$4,676
Apr 201703947.933.21$125
Mar 2017014046.772.98$418
Feb 201701550.452.95$44
Jan 201707849.413.42$267
Dec 2016013048.763.72$484
Nov 2016029542.492.64$780
Oct 201603846.193.09$117
Sep 2016055541.553.10$1,721
Aug 2016065041.442.92$1,901
Jul 2016046941.622.92$1,372
Jun 2016064245.352.69$1,724
May 2016082642.521.99$1,645
Apr 2016066136.561.99$1,316
Mar 2016076133.011.79$1,365
Feb 2016053026.472.06$1,094
Jan 2016075827.352.36$1,792
Dec 2015039932.362.00$799
Nov 2015084638.792.17$1,834
Oct 2015061843.552.43$1,500
Sep 2015057142.992.76$1,575
Aug 2015045940.162.87$1,318
Jul 2015059348.152.95$1,746
Jun 2015146056.152.88$1,382
May 2015263055.212.96$1,972
Apr 2015275649.822.71$2,146
Mar 2015145742.892.93$1,384
Feb 2015263644.662.98$1,982
Jan 201531,39043.433.10$4,440
Dec 2014111354.693.59$461
Nov 2014341070.464.25$1,955
Oct 2014168878.303.90$2,762
Sep 2014299586.164.05$4,198
Aug 2014276389.394.04$3,258
Jul 201432,07396.564.18$8,954
Jun 201411,01998.164.74$4,925
May 2014113494.734.73$728
Apr 2014250495.944.81$2,616
Mar 2014118395.895.06$1,021
Feb 2014121897.406.19$1,447
Jan 2014138190.404.86$1,942
Dec 2013126891.824.35$1,259
Nov 2013122488.853.74$926
Oct 201305297.423.78$197
Sep 2013145104.113.72$271
Aug 20132406104.253.52$1,639
Jul 20131687102.523.72$2,657
Jun 201304194.403.93$161
May 201319294.834.15$477
Apr 2013118193.964.28$869
Mar 2013222993.623.91$1,083
Feb 2013224091.233.42$1,003
Jan 2013343791.603.42$1,769
Dec 2012387286.773.42$3,243
Nov 2012386886.953.62$3,407
Oct 2012284189.383.40$3,038
Sep 2012385294.672.92$2,770
Aug 2012385492.662.91$2,762
Jul 2012486085.133.02$2,938
Jun 20121184279.822.52$2,999
May 20121686091.612.49$3,606
Apr 201215830101.652.00$3,182
Mar 201213776105.052.22$3,090
Feb 201219894101.102.57$4,219
Jan 201241,04598.092.73$3,249
Dec 2011397796.873.24$3,456
Nov 2011395195.723.31$3,436
Oct 2011289684.983.65$3,439
Sep 2011179383.623.99$3,244
Aug 2011162583.404.15$2,677
Jul 2011273294.144.52$3,495
Jun 2011271992.904.64$3,522
May 2011271598.134.40$3,346
Apr 20112711105.964.33$3,293
Mar 2011290096.364.06$3,844
Feb 2011249185.644.18$2,224
Jan 2011481586.504.59$4,086
Dec 2010483585.734.35$3,973
Nov 201031,03580.843.80$4,171
Oct 2010385478.103.51$3,231
Sep 2010375372.633.98$3,214
Aug 2010382773.684.42$3,876
Jul 2010284872.554.74$4,162
Jun 2010263270.364.91$3,244
May 2010377571.124.24$3,496
Apr 2010251881.694.12$2,299
Mar 2010370278.394.39$3,316
Feb 2010457873.585.44$3,440
Jan 2010775674.365.96$5,029
Dec 20091073371.445.48$4,734
Nov 20091182774.593.75$3,923
Oct 20091393472.544.11$4,782
Sep 2009996065.543.06$3,532
Aug 2009687067.423.22$3,205
Jul 2009275561.133.46$2,738
Jun 2009278966.163.90$3,205
May 200931,47554.743.93$5,955
Apr 200931,05246.773.59$3,914
Mar 200921,11242.144.06$4,598
Feb 200921,01632.814.63$4,773
Jan 200921,14835.865.37$6,238
Dec 200811,03137.105.98$6,200
Nov 2008298155.496.86$6,841
Oct 200821,03475.246.92$7,308
Sep 200811,174101.767.88$9,349
Aug 200821,332114.228.48$11,528
Jul 20081978131.0811.39$11,270
Jun 200821,011131.3313.03$13,439
May 20081918123.1711.57$10,748
Apr 20082826110.3110.45$8,856
Mar 20082877101.909.66$8,679
Feb 200821,35892.538.77$12,096
Jan 200821,69190.388.21$14,057
Dec 200721,50588.337.30$11,166
Nov 200721,10091.677.29$8,204
Oct 200731,32882.856.92$9,441
Sep 200722,17875.846.24$13,751
Aug 200721,69269.066.39$10,947
Jul 200721,48570.906.39$9,628
Jun 200721,42562.007.55$10,881
May 200721,49158.747.85$11,816
Apr 200721,45559.617.81$11,476
Mar 200731,45156.927.30$10,766
Feb 200721,26355.108.22$10,487
Jan 200731,72250.306.73$11,735
Dec 200631,77656.656.92$12,457
Nov 200631,90154.207.62$14,643
Oct 200641,97154.906.01$12,073
Sep 200631,96960.085.04$10,098
Aug 200642,02468.717.34$15,131
Jul 200641,86869.376.34$12,126
Jun 200641,98666.286.38$12,944
May 200642,06166.016.42$13,506
Apr 200652,08564.397.36$15,669
Mar 2006102,19056.707.08$16,079
Feb 2006111,72157.597.75$13,973
Jan 2006502,17660.598.93$22,468
Dec 20051451,75054.9413.42$31,443
Nov 20051311,92154.6910.59$27,505
Oct 2005821,63358.3413.80$27,312
Sep 200542,07261.4512.08$25,273
Aug 200542,39861.519.80$23,739
Jul 200541,58355.697.84$12,639
Jun 200551,71052.337.38$12,883
May 200551,91245.226.65$12,943
Apr 200541,93649.207.36$14,447
Mar 200551,84950.377.15$13,481
Feb 200551,76945.226.31$11,392
Jan 200582,13643.166.32$13,850
Dec 200492,01739.866.75$13,976
Nov 200481,47445.286.33$9,693
Oct 200491,58049.706.52$10,741
Sep 200472,25043.245.28$12,191
Aug 200471,71042.375.55$9,788
Jul 200441,90338.286.08$11,731
Jun 200422,01836.106.43$13,054
May 200431,93837.486.49$12,699
Apr 200432,00234.475.86$11,832
Mar 200432,12734.365.53$11,866
Feb 200431,60432.455.51$8,935
Jan 200452,45432.036.30$15,619
Dec 200342,33430.266.30$14,829
Nov 200332,26628.804.60$10,499
Oct 200332,80528.174.76$13,435
Sep 200322,58926.314.75$12,349
Aug 200322,79629.765.13$14,402
Jul 200333,02029.415.17$15,704
Jun 200333,01228.565.98$18,106
May 200333,13826.595.97$18,822
Apr 200333,41926.675.41$18,568
Mar 200332,59431.146.10$15,907
Feb 200321,63033.487.93$12,986
Jan 200332,37230.315.58$13,332
Dec 200233,23226.914.85$15,768
Nov 200251,79324.664.14$7,541
Oct 200231,84326.464.23$7,874
Sep 200232,27227.443.64$8,341
Aug 200243,10825.963.16$9,938
Jul 200233,11324.583.06$9,605
Jun 200233,20323.733.34$10,764
May 200253,20524.663.58$11,610
Apr 200233,05623.653.51$10,805
Mar 200233,19022.003.10$9,964
Feb 200212,89718.222.38$6,901
Jan 200233,24117.172.38$7,751
Dec 200133,15516.932.36$7,510
Nov 2001653,32018.072.41$9,161
Oct 2001373,74919.782.53$10,213
Sep 2001173,73524.262.25$8,821
Aug 2001454,06924.873.05$13,542
Jul 2001413,85823.933.20$13,315
Jun 200123,97824.563.82$15,262
May 2001123,94225.524.31$17,286
Apr 200143,53224.685.34$18,943
Mar 2001204,07924.545.38$22,421
Feb 2001233,76327.755.77$22,340
Jan 2001244,09027.478.40$35,010
Dec 2000224,31226.889.12$39,928
Nov 2000214,40332.215.66$25,589
Oct 2000234,89331.235.15$25,895
Sep 2000104,93131.875.19$25,893
Aug 2000115,68529.644.54$26,140
Jul 2000145,82928.534.09$24,239
Jun 2000155,56629.304.40$24,915
May 2000186,02127.263.68$22,646
Apr 2000255,93224.513.12$19,097
Mar 200036,29928.422.86$18,099
Feb 2000266,16327.622.73$17,522
Jan 2000346,75525.272.48$17,615
Dec 1999252,26324.282.42$6,092
Nov 1999384,43923.192.43$11,686
Oct 1999284,96520.982.80$14,508
Sep 1999254,80921.752.62$13,138
Aug 1999265,11719.262.88$15,215
Jul 1999305,20717.892.37$12,890
Jun 1999324,92215.942.36$12,136
May 1999455,64215.792.32$13,806
Apr 1999255,64215.102.21$12,835
Mar 1999226,43912.471.84$12,111
Feb 1999206,1809.981.82$11,434
Jan 1999257,19710.381.90$13,933
Dec 1998203,7619.201.77$6,853
Nov 1998213,65810.892.19$8,224
Oct 1998194,15012.421.97$8,408
Sep 1998235,02212.592.08$10,748
Aug 1998255,15311.301.91$10,111
Jul 1998245,53811.742.24$12,672
Jun 1998245,44311.242.24$12,447
May 1998265,85112.622.21$13,237
Apr 1998275,82713.042.51$14,951
Mar 1998255,93512.802.31$14,027
Feb 1998275,38513.952.30$12,757
Jan 1998326,23814.702.15$13,912
Dec 1997296,27016.322.41$15,591
Nov 1997346,07118.193.09$19,367
Oct 1997284,86919.253.15$15,875
Sep 1997264,94617.742.95$15,076
Aug 1997235,22317.862.55$13,754
Jul 1997205,36317.582.25$12,402
Jun 1997235,50617.242.26$12,825
May 1997306,00518.972.31$14,432
Apr 1997205,16917.882.08$11,123
Mar 1997268,28418.951.94$16,557
Feb 1997258,26220.492.21$18,737
Jan 1997379,10023.483.54$33,080
Dec 19964710,42923.32$1,096
Nov 19968410,96121.97$1,845
Oct 19967411,14223.31$1,725
Sep 19967612,54122.22$1,689
Aug 19968114,45620.26$1,641
Jul 19968616,87419.55$1,681
Jun 199610016,98918.73$1,873
May 199611821,35019.43$2,293
Apr 199617224,86221.51$3,700
Mar 199615621,25519.38$3,023

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.

Aug 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $ 94.52 =        $95
Gas                    0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                      $95

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/157479 is the state's own key, not one this site invented.