W. R.

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 157981District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 1996 – May 2026
Value, last 12 filed months
$11 k
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 Gas111996-11-14135385
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
CondensateDisposition15,466 bbl$515,285
GasProduction502,482 Mcf$1,714,926
Total$2,230,212

61,453 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 28.3775, -98.4221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37754, -98.42212 · 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
10,875 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 10,875 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-31133165310,875 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 202612161106.413.05$1,767
Apr 2026710198.932.87$982
Mar 2026712689.753.15$1,025
Feb 202668263.503.75$689
Jan 20261810959.138.00$1,936
Dec 202507256.664.41$318
Nov 2025610458.593.93$760
Oct 2025510659.383.30$647
Sep 202549962.743.08$556
Aug 202538663.933.01$451
Jul 20253666.743.32$220
Jun 20252218166.483.13$2,029
May 20251134660.553.23$1,784
Apr 20251219062.363.54$1,422
Mar 20251210267.704.27$1,248
Feb 20251429970.884.34$2,290
Jan 20251316474.324.28$1,668
Dec 20241226168.993.12$1,643
Nov 20241911469.052.20$1,563
Oct 2024269671.372.28$2,075
Sep 2024843469.612.36$5,928
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 2023015671.262.61$407
Nov 2023026477.892.81$741
Oct 2023039085.443.09$1,204
Sep 2023057889.042.74$1,581
Aug 2023022380.522.67$596
Jul 20231318074.852.64$1,449
Jun 20232816668.962.26$2,306
May 20231438470.622.23$1,844
Apr 20232244478.122.24$2,712
Mar 2023922372.852.39$1,189
Feb 20231821175.112.47$1,872
Jan 20231033176.533.39$1,887
Dec 20221828576.415.73$3,008
Nov 20221123685.005.65$2,268
Oct 20221350087.185.86$4,065
Sep 20222252984.888.16$6,186
Aug 20222335894.529.13$5,441
Jul 202226440101.587.54$5,960
Jun 202212579115.097.98$6,000
May 202210203109.378.43$2,806
Apr 202216293104.226.84$3,671
Mar 202233392108.885.08$5,583
Feb 20222555791.054.86$4,983
Jan 20222741581.844.54$4,093
Dec 20212143971.323.90$3,209
Nov 20212844477.435.24$4,493
Oct 20212329779.795.71$3,532
Sep 20212130569.865.35$3,099
Aug 20212718866.024.22$2,576
Jul 2021032670.783.98$1,298
Jun 2021021669.493.38$730
May 2021227663.483.02$1,626
Apr 20214016660.362.76$2,872
Mar 202109161.302.72$247
Feb 20213414857.805.55$2,786
Jan 20211736850.412.81$1,891
Dec 20203928144.642.68$2,493
Nov 20201136638.772.71$1,417
Oct 20201120836.972.48$922
Sep 20201029337.091.99$954
Aug 20202034839.982.39$1,630
Jul 2020924038.371.83$783
Jun 20202934534.901.69$1,595
May 2020032516.921.81$590
Apr 2020021914.751.80$395
Mar 20202110930.341.86$839
Feb 20202953949.881.98$2,514
Jan 20201939157.252.09$1,907
Dec 20191322459.012.30$1,283
Nov 2019723955.302.75$1,045
Oct 2019336253.472.42$1,036
Sep 2019236655.052.66$1,083
Aug 2019116953.112.30$443
Jul 2019236756.272.46$1,015
Jun 2019324152.782.49$759
May 2019122358.482.74$670
Apr 2019218062.632.75$620
Mar 2019228956.803.06$999
Feb 2019427050.852.79$957
Jan 2019324546.033.23$929
Dec 2018436046.594.19$1,693
Nov 2018541652.934.24$2,027
Oct 2018437861.443.40$1,530
Sep 2018812759.543.11$871
Aug 2018723459.403.07$1,133
Jul 2018717065.142.93$954
Jun 20181425660.183.08$1,630
May 2018337465.382.90$1,281
Apr 2018929863.842.90$1,439
Mar 2018919761.222.79$1,100
Feb 20181319161.782.77$1,331
Jan 20182922862.874.01$2,737
Dec 20173124157.272.92$2,479
Nov 20172842055.423.12$2,861
Oct 20172111249.292.98$1,369
Sep 2017017547.523.09$540
Aug 2017921945.373.00$1,066
Jul 20172225643.873.09$1,755
Jun 2017025242.493.09$778
May 20172330745.373.26$2,045
Apr 20171734147.933.21$1,910
Mar 20172343746.772.98$2,380
Feb 20173840750.452.95$3,119
Jan 20172945049.413.42$2,971
Dec 20162443648.763.72$2,793
Nov 20161440542.492.64$1,666
Oct 20165150846.193.09$3,926
Sep 20163443941.553.10$2,774
Aug 20161544641.442.92$1,926
Jul 20163044241.622.92$2,541
Jun 2016946445.352.69$1,654
May 2016747142.521.99$1,235
Apr 2016755936.561.99$1,369
Mar 20162745633.011.79$1,709
Feb 20162147126.472.06$1,528
Jan 20167749527.352.36$3,276
Dec 20154355132.362.00$2,494
Nov 20154952538.792.17$3,039
Oct 20152846343.552.43$2,343
Sep 20153933042.992.76$2,587
Aug 20156035340.162.87$3,424
Jul 20152736048.152.95$2,360
Jun 20153736656.152.88$3,133
May 20152332955.212.96$2,242
Apr 20152031749.822.71$1,854
Mar 20151843642.892.93$2,052
Feb 20152533644.662.98$2,117
Jan 2015942243.433.10$1,699
Dec 2014841654.693.59$1,932
Nov 2014341770.464.25$1,984
Oct 2014339178.303.90$1,760
Sep 2014730686.164.05$1,841
Aug 2014248989.394.04$2,152
Jul 2014529496.564.18$1,712
Jun 2014534898.164.74$2,139
May 20141042594.734.73$2,956
Apr 20141744895.944.81$3,785
Mar 20142447395.895.06$4,693
Feb 20141332997.406.19$3,303
Jan 20142132890.404.86$3,493
Dec 20131440891.824.35$3,062
Nov 2013928388.853.74$1,858
Oct 2013956697.423.78$3,016
Sep 20137703104.113.72$3,342
Aug 20136865104.253.52$3,673
Jul 20134557102.523.72$2,481
Jun 2013861394.403.93$3,166
May 2013690694.834.15$4,328
Apr 2013441893.964.28$2,166
Mar 2013858793.623.91$3,046
Feb 2013755391.233.42$2,530
Jan 20131553591.603.42$3,204
Dec 2012857086.773.42$2,644
Nov 20121257486.953.62$3,124
Oct 2012760189.383.40$2,669
Sep 2012748394.672.92$2,072
Aug 20121153792.662.91$2,581
Jul 2012658485.133.02$2,275
Jun 2012956179.822.52$2,132
May 20121559291.612.49$2,847
Apr 201212631101.652.00$2,480
Mar 201210575105.052.22$2,328
Feb 201212589101.102.57$2,727
Jan 20122063298.092.73$3,690
Dec 20111463696.873.24$3,417
Nov 20111360195.723.31$3,234
Oct 20111356884.983.65$3,177
Sep 20111154183.623.99$3,076
Aug 20111056083.404.15$3,158
Jul 20111050494.144.52$3,218
Jun 20111353892.904.64$3,704
May 20111563098.134.40$4,247
Apr 201114611105.964.33$4,131
Mar 20112069196.364.06$4,731
Feb 20112370385.644.18$4,908
Jan 20114290186.504.59$7,767
Dec 20102980085.734.35$5,964
Nov 20101881680.843.80$4,552
Oct 20102382378.103.51$4,684
Sep 2010886572.633.98$4,023
Aug 20101788573.684.42$5,164
Jul 20101194272.554.74$5,260
Jun 2010993770.364.91$5,234
May 20101353671.124.24$3,195
Apr 2010764281.694.12$3,219
Mar 20102776578.394.39$5,474
Feb 20102973073.585.44$6,107
Jan 20105376674.365.96$8,510
Dec 20091981671.445.48$5,832
Nov 20093769174.593.75$5,352
Oct 20096172072.544.11$7,384
Sep 20092083265.543.06$3,861
Aug 20094583167.423.22$5,708
Jul 20092186661.133.46$4,284
Jun 20091778766.163.90$4,190
May 20091677754.743.93$3,926
Apr 20091782346.773.59$3,748
Mar 20092498742.144.06$5,018
Feb 20092270232.814.63$3,974
Jan 20094676735.865.37$5,769
Dec 20084678737.105.98$6,411
Nov 20081199555.496.86$7,436
Oct 2008780775.246.92$6,113
Sep 20088624101.767.88$5,729
Aug 20088845114.228.48$8,082
Jul 200811984131.0811.39$12,649
Jun 200891,048131.3313.03$14,840
May 200881,091123.1711.57$13,613
Apr 20088981110.3110.45$11,139
Mar 200881,063101.909.66$11,088
Feb 200881,04792.538.77$9,923
Jan 2008121,05190.388.21$9,709
Dec 200791,07488.337.30$8,637
Nov 20071372791.677.29$6,493
Oct 2007131,15282.856.92$9,051
Sep 2007141,12675.846.24$8,093
Aug 2007161,48469.066.39$10,585
Jul 2007171,28770.906.39$9,427
Jun 2007151,12862.007.55$9,445
May 2007241,16558.747.85$10,551
Apr 2007161,19859.617.81$10,304
Mar 2007171,23056.927.30$9,949
Feb 2007131,12755.108.22$9,976
Jan 200791,39650.306.73$9,843
Dec 2006151,38756.656.92$10,446
Nov 2006361,17654.207.62$10,909
Oct 2006161,31854.906.01$8,805
Sep 200631,24360.085.04$6,441
Aug 200621,16368.717.34$8,674
Jul 200671,16469.376.34$7,869
Jun 200631,30866.286.38$8,549
May 2006141,17466.016.42$8,467
Apr 2006321,31164.397.36$11,710
Mar 2006461,37156.707.08$12,319
Feb 2006371,17857.597.75$11,262
Jan 20061521,29060.598.93$20,734
Dec 20051631,52054.9413.42$29,347
Nov 20051521,58954.6910.59$25,138
Oct 2005921,51258.3413.80$26,226
Sep 200531,55461.4512.08$18,955
Aug 200551,74961.519.80$17,442
Jul 20055391455.697.84$10,121
Jun 20057986852.337.38$10,541
May 20057082345.226.65$8,639
Apr 20057590049.207.36$10,314
Mar 200510388550.377.15$11,520
Feb 20054878645.226.31$7,132
Jan 20058392543.166.32$9,430
Dec 2004191,16339.866.75$8,609
Nov 2004191,16745.286.33$8,248
Oct 200491,34949.706.52$9,236
Sep 200451,40343.245.28$7,630
Aug 200481,04742.375.55$6,151
Jul 20042885738.286.08$6,286
Jun 2004421,28336.106.43$9,770
May 2004391,61237.486.49$11,931
Apr 2004451,31934.475.86$9,278
Mar 2004751,22234.365.53$9,335
Feb 2004701,21032.455.51$8,938
Jan 2004501,34932.036.30$10,100
Dec 2003421,41830.266.30$10,207
Nov 2003361,30828.804.60$7,047
Oct 2003411,47028.174.76$8,152
Sep 2003471,37926.314.75$7,786
Aug 2003341,47529.765.13$8,578
Jul 2003301,55329.415.17$8,913
Jun 2003331,49728.565.98$9,899
May 2003341,62626.595.97$10,616
Apr 2003281,70726.675.41$9,977
Mar 2003371,86631.146.10$12,527
Feb 2003341,75933.487.93$15,080
Jan 2003411,82730.315.58$11,441
Dec 2002691,85326.914.85$10,851
Nov 2002772,00824.664.14$10,206
Oct 20021102,24626.464.23$12,409
Sep 2002671,80327.443.64$8,393
Aug 2002261,74025.963.16$6,181
Jul 2002411,70924.583.06$6,240
Jun 2002401,60623.733.34$6,310
May 2002721,71824.663.58$7,933
Apr 2002841,50223.653.51$7,262
Mar 2002221,66522.003.10$5,650
Feb 2002341,50618.222.38$4,197
Jan 2002551,57317.172.38$4,681
Dec 200161,72416.932.36$4,178
Nov 2001741,80618.072.41$5,682
Oct 2001731,91919.782.53$6,297
Sep 2001271,75424.262.25$4,604
Aug 2001361,67724.873.05$6,015
Jul 2001291,88423.933.20$6,717
Jun 2001301,81524.563.82$7,678
May 2001371,98825.524.31$9,507
Apr 2001401,95724.685.34$11,428
Mar 2001502,14124.545.38$12,738
Feb 2001131,88127.755.77$11,209
Jan 2001302,02127.478.40$17,798
Dec 2000602,19026.889.12$21,591
Nov 2000232,18532.215.66$13,104
Oct 2000492,22131.235.15$12,958
Sep 2000492,26531.875.19$13,309
Aug 2000532,42729.644.54$12,591
Jul 2000332,35528.534.09$10,573
Jun 2000712,43929.304.40$12,805
May 2000282,53227.263.68$10,080
Apr 2000222,53724.513.12$8,445
Mar 200092,69228.422.86$7,954
Feb 2000292,60227.622.73$7,895
Jan 2000342,79025.272.48$7,780
Dec 1999242,37724.282.42$6,344
Nov 1999232,34523.192.43$6,241
Oct 1999312,59920.982.80$7,937
Sep 1999172,50821.752.62$6,938
Aug 1999193,18019.262.88$9,510
Jul 1999352,92117.892.37$7,556
Jun 1999662,83615.942.36$7,751
May 19991202,78215.792.32$8,352
Apr 1999972,84115.102.21$7,738
Mar 1999782,95312.471.84$6,401
Feb 19991222,9009.981.82$6,489
Jan 19991423,42510.381.90$7,981
Dec 1998943,9809.201.77$7,923
Nov 1998974,05210.892.19$9,913
Oct 1998934,42512.421.97$9,869
Sep 1998995,20912.592.08$12,095
Aug 19982205,67911.301.91$13,318
Jul 19981085,45211.742.24$13,466
Jun 19981255,64011.242.24$14,023
May 19981017,02812.622.21$16,781
Apr 1998887,14513.042.51$19,048
Mar 19981647,36212.802.31$19,101
Feb 1998785,95313.952.30$14,775
Jan 19981477,24014.702.15$17,762
Dec 19972267,52716.322.41$21,837
Nov 19973087,43418.193.09$28,561
Oct 19974667,58019.253.15$32,846
Sep 19976778,36317.742.95$36,722
Aug 199765110,30017.862.55$37,941
Jul 199767012,93217.582.25$40,836
Jun 199750116,43517.242.26$45,734
May 1997718,07218.972.31$19,981
Apr 199791,71817.882.08$3,739
Mar 1997264,11418.951.94$8,470
Feb 1997444,38520.492.21$10,574
Jan 1997744,73323.483.54$18,491
Dec 1996755,40123.32$1,749
Nov 1996774,59821.97$1,692
Oct 1996903,53723.31$2,098
Sep 1996966,48722.22$2,133
Aug 19961905,59620.26$3,849
Jul 19962785,30419.55$5,435
Jun 19963787,18918.73$7,080
May 19964828,33919.43$9,365
Apr 199653413,98821.51$11,486
Mar 199601,01419.38$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            12 bbl  × $106.41 =     $1,277
Gas                  161 Mcf  × $  3.05 =       $490

────────────────────────────────────────────────────
Month total                                   $1,767

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/157981 is the state's own key, not one this site invented.