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 157636District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Feb 1996 – May 2026
Value, last 12 filed months
$0
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 Gas111996-11-15135380
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
CondensateDisposition9,083 bbl$209,199
GasProduction614,331 Mcf$1,602,869
Total$1,812,068

174,960 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 28.3860, -98.4260. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38599, -98.42603 · 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
10,800 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 10,800 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-31133146810,800 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 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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018065961.222.79$1,837
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130997.423.78$34
Sep 201304104.113.72$15
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130894.834.15$33
Apr 201301093.964.28$43
Mar 201302093.623.91$78
Feb 201313291.233.42$201
Jan 201312991.603.42$191
Dec 20120286.773.42$7
Nov 20123286.953.62$268
Oct 20120089.383.40$0
Sep 201266594.672.92$758
Aug 2012016792.662.91$486
Jul 2012424085.133.02$1,066
Jun 2012413079.822.52$647
May 2012013691.612.49$338
Apr 2012365101.652.00$435
Mar 2012523105.052.22$576
Feb 2012412101.102.57$435
Jan 2012019998.092.73$544
Dec 201153996.873.24$611
Nov 2011110895.723.31$453
Oct 201106884.983.65$248
Sep 201101983.623.99$76
Aug 20110083.404.15$0
Jul 20110594.144.52$23
Jun 20110692.904.64$28
May 20110798.134.40$31
Apr 2011013105.964.33$56
Mar 201163896.364.06$732
Feb 2011012785.644.18$531
Jan 201142586.504.59$461
Dec 201022985.734.35$298
Nov 201009180.843.80$345
Oct 201003378.103.51$116
Sep 201002672.633.98$103
Aug 201001173.684.42$49
Jul 201002172.554.74$99
Jun 201003370.364.91$162
May 201001371.124.24$55
Apr 201001181.694.12$45
Mar 201036278.394.39$507
Feb 2010021573.585.44$1,170
Jan 2010830274.365.96$2,396
Dec 2009193271.445.48$5,182
Nov 2009016474.593.75$615
Oct 200905372.544.11$218
Sep 200904665.543.06$141
Aug 200909767.423.22$312
Jul 200901561.133.46$52
Jun 200901166.163.90$43
May 200911154.743.93$98
Apr 200902346.773.59$83
Mar 2009022542.144.06$913
Feb 200912832.814.63$163
Jan 2009412635.865.37$820
Dec 2008043137.105.98$2,576
Nov 2008230655.496.86$2,210
Oct 2008048075.246.92$3,323
Sep 20082509101.767.88$4,213
Aug 20080364114.228.48$3,088
Jul 20080800131.0811.39$9,112
Jun 200803,461131.3313.03$45,106
May 20080463123.1711.57$5,359
Apr 2008133110.3110.45$455
Mar 20080121101.909.66$1,169
Feb 2008113892.538.77$1,303
Jan 2008528390.388.21$2,774
Dec 2007078688.337.30$5,739
Nov 2007283191.677.29$6,243
Oct 200731,36882.856.92$9,718
Sep 200732,07975.846.24$13,209
Aug 200731,96269.066.39$12,740
Jul 200731,97470.906.39$12,822
Jun 200761,82162.007.55$14,118
May 200701,93758.747.85$15,198
Apr 200762,38359.617.81$18,957
Mar 200722,51356.927.30$18,464
Feb 2007151,48655.108.22$13,035
Jan 200722,31650.306.73$15,680
Dec 200604156.656.92$284
Nov 200601054.207.62$76
Oct 20060654.906.01$36
Sep 20060560.085.04$25
Aug 20060468.717.34$29
Jul 20060069.376.34$0
Jun 20060366.286.38$19
May 20060066.016.42$0
Apr 20060264.397.36$15
Mar 20060456.707.08$28
Feb 2006212557.597.75$1,084
Jan 200633960.598.93$530
Dec 200535154.9413.42$849
Nov 2005817754.6910.59$2,312
Oct 200505358.3413.80$731
Sep 20051915661.4512.08$3,052
Aug 20053235661.519.80$5,456
Jul 20056064955.697.84$8,432
Jun 2005601,35952.337.38$13,171
May 2005571,35345.226.65$11,577
Apr 2005441,35449.207.36$12,131
Mar 2005511,38550.377.15$12,478
Feb 2005241,25545.226.31$9,007
Jan 2005161,53343.166.32$10,382
Dec 2004141,57639.866.75$11,198
Nov 2004181,45745.286.33$10,038
Oct 2004181,46449.706.52$10,433
Sep 2004171,41043.245.28$8,185
Aug 2004351,47942.375.55$9,692
Jul 2004321,45838.286.08$10,096
Jun 2004151,36636.106.43$9,329
May 2004342,02737.486.49$14,439
Apr 2004362,05434.475.86$13,274
Mar 2004342,18134.365.53$13,229
Feb 2004481,84232.455.51$11,706
Jan 2004531,84232.036.30$13,302
Dec 2003532,11630.266.30$14,938
Nov 2003522,05828.804.60$10,954
Oct 2003272,04428.174.76$10,489
Sep 2003542,01926.314.75$11,010
Aug 2003352,01829.765.13$11,393
Jul 2003132,25929.415.17$12,063
Jun 200362,26328.565.98$13,711
May 2003172,32826.595.97$14,356
Apr 2003472,32126.675.41$13,804
Mar 2003412,15031.146.10$14,383
Feb 2003462,47733.487.93$21,172
Jan 2003301,99030.315.58$12,018
Dec 2002432,51926.914.85$13,384
Nov 2002272,44124.664.14$10,764
Oct 2002372,46426.464.23$11,400
Sep 2002372,46827.443.64$9,987
Aug 2002262,68325.963.16$9,164
Jul 200232,18024.583.06$6,748
Jun 2002352,32123.733.34$8,579
May 2002212,21024.663.58$8,439
Apr 2002202,50223.653.51$9,261
Mar 2002472,75122.003.10$9,570
Feb 2002512,47718.222.38$6,814
Jan 2002392,66217.172.38$6,994
Dec 2001642,80016.932.36$7,704
Nov 2001562,72518.072.41$7,567
Oct 2001792,93019.782.53$8,972
Sep 2001242,82624.262.25$6,944
Aug 2001282,84624.873.05$9,386
Jul 2001472,92223.933.20$10,467
Jun 2001502,94624.563.82$12,494
May 2001352,66925.524.31$12,389
Apr 2001403,02524.685.34$17,127
Mar 2001433,30224.545.38$18,808
Feb 2001302,68627.755.77$16,323
Jan 2001343,32327.478.40$28,843
Dec 2000603,40426.889.12$32,666
Nov 2000383,26432.215.66$19,692
Oct 2000723,09231.235.15$18,158
Sep 2000603,36131.875.19$19,344
Aug 2000333,56929.644.54$17,184
Jul 2000333,57628.534.09$15,566
Jun 2000723,68329.304.40$18,305
May 2000223,89527.263.68$14,932
Apr 2000453,66224.513.12$12,514
Mar 2000563,83428.422.86$12,556
Feb 2000623,85427.622.73$12,220
Jan 2000574,23225.272.48$11,938
Dec 1999684,03924.282.42$11,440
Nov 1999684,21223.192.43$11,829
Oct 1999544,70220.982.80$14,316
Sep 1999614,58821.752.62$13,342
Aug 1999574,79819.262.88$14,895
Jul 1999424,56117.892.37$11,572
Jun 1999624,61515.942.36$11,889
May 1999614,39715.792.32$11,169
Apr 1999242,96215.102.21$6,903
Mar 1999375,22812.471.84$10,072
Feb 1999614,8719.981.82$9,463
Jan 19991005,60610.381.90$11,689
Dec 1998845,6529.201.77$10,796
Nov 19981195,69910.892.19$13,752
Oct 1998895,99712.421.97$12,915
Sep 19981085,96312.592.08$13,778
Aug 19981126,31311.301.91$13,307
Jul 1998607,22911.742.24$16,878
Jun 1998656,96511.242.24$16,313
May 1998636,64712.622.21$15,461
Apr 1998776,29813.042.51$16,783
Mar 19981496,97512.802.31$18,016
Feb 1998896,23113.952.30$15,567
Jan 19981207,24114.702.15$17,367
Dec 19971207,23016.322.41$19,391
Nov 19971287,55418.193.09$25,657
Oct 19971478,28619.253.15$28,929
Sep 1997958,15717.742.95$25,788
Aug 1997938,78317.862.55$24,099
Jul 1997998,81717.582.25$21,552
Jun 19971468,98317.242.26$22,793
May 19971699,61518.972.31$25,402
Apr 19971479,85217.882.08$23,148
Mar 199713210,70218.951.94$23,254
Feb 19971699,97620.492.21$25,469
Jan 199726211,71423.483.54$47,616
Dec 199624312,08623.32$5,667
Nov 199625511,85321.97$5,602
Oct 199628314,26223.31$6,597
Sep 199629616,27622.22$6,577
Aug 199635816,76220.26$7,253
Jul 199624519,01719.55$4,790
Jun 199627019,34718.73$5,057
May 199624620,04619.43$4,780
Apr 199627121,53921.51$5,829
Mar 199627623,77219.38$5,349
Feb 19960016.98$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.

Mar 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.22 =         $0
Gas                  659 Mcf  × $  2.79 =     $1,837

────────────────────────────────────────────────────
Month total                                   $1,837

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/157636 is the state's own key, not one this site invented.