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 157984District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 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 Gas111996-06-14134622
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
CondensateDisposition4,433 bbl$174,803
GasProduction588,654 Mcf$1,805,708
Total$1,980,510

122,104 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 28.3529, -98.4469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35289, -98.44686 · 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
10,664 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 10,664 ft.

1 well

42-311331503410,664 ft

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 20240678.082.63$16
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 20231077.892.81$78
Oct 202316585.443.09$286
Sep 202316489.042.74$264
Aug 2023635080.522.67$1,419
Jul 2023635174.852.64$1,376
Jun 2023333068.962.26$952
May 2023947870.622.23$1,700
Apr 2023035278.122.24$788
Mar 2023052672.852.39$1,259
Feb 2023042375.112.47$1,043
Jan 20230276.533.39$7
Dec 202211576.415.73$162
Nov 2022125585.005.65$1,525
Oct 2022312587.185.86$995
Sep 2022820384.888.16$2,336
Aug 2022517394.529.13$2,052
Jul 20227278101.587.54$2,808
Jun 20228285115.097.98$3,194
May 20226297109.378.43$3,161
Apr 202217226104.226.84$3,317
Mar 202218274108.885.08$3,351
Feb 20221847191.054.86$3,927
Jan 20222347781.844.54$4,047
Dec 20212455671.323.90$3,880
Nov 20212141377.435.24$3,789
Oct 20212946179.795.71$4,948
Sep 20213042869.865.35$4,386
Aug 20212028866.024.22$2,536
Jul 20212343370.783.98$3,352
Jun 20212739269.493.38$3,201
May 20211631963.483.02$1,978
Apr 20211638260.362.76$2,019
Mar 20212217061.302.72$1,810
Feb 20212539357.805.55$3,625
Jan 20212149850.412.81$2,458
Dec 20201944444.642.68$2,036
Nov 2020045938.772.71$1,242
Oct 202002,58236.972.48$6,399
Sep 2020014437.091.99$287
Aug 2020082239.982.39$1,961
Jul 2020091038.371.83$1,661
Jun 2020047234.901.69$798
May 2020028316.921.81$514
Apr 202008614.751.80$155
Mar 2020324630.341.86$548
Feb 2020432049.881.98$833
Jan 2020322957.252.09$651
Dec 2019116659.012.30$442
Nov 2019363155.302.75$1,902
Oct 2019063053.472.42$1,524
Sep 2019053655.052.66$1,424
Aug 2019049753.112.30$1,145
Jul 2019048956.272.46$1,203
Jun 2019143952.782.49$1,146
May 2019252058.482.74$1,542
Apr 2019132,44062.632.75$7,526
Mar 201971,30756.803.06$4,400
Feb 2019339250.852.79$1,247
Jan 2019496746.033.23$3,306
Dec 201803846.594.19$159
Nov 201804952.934.24$208
Oct 201801,82461.443.40$6,198
Sep 20180159.543.11$3
Aug 201803359.403.07$101
Jul 201807565.142.93$220
Jun 2018021460.183.08$658
May 2018088665.382.90$2,570
Apr 2018047863.842.90$1,387
Mar 201801,93861.222.79$5,401
Feb 20180061.782.77$0
Jan 2018190462.874.01$3,687
Dec 2017133157.272.92$1,024
Nov 201711,36655.423.12$4,315
Oct 2017122949.292.98$733
Sep 201711,14347.523.09$3,576
Aug 2017167045.373.00$2,058
Jul 201711,38043.873.09$4,304
Jun 201711,02442.493.09$3,204
May 201713,87345.373.26$12,685
Apr 2017010947.933.21$350
Mar 2017174646.772.98$2,273
Feb 2017195250.452.95$2,861
Jan 2017167249.413.42$2,347
Dec 201607648.763.72$283
Nov 2016023742.492.64$627
Oct 2016121446.193.09$708
Sep 2016168541.553.10$2,165
Aug 201611,21741.442.92$3,600
Jul 2016172941.622.92$2,173
Jun 2016393845.352.69$2,655
May 201631,05742.521.99$2,232
Apr 201621,09136.561.99$2,245
Mar 201631,06833.011.79$2,015
Feb 2016284126.472.06$1,788
Jan 2016241027.352.36$1,024
Dec 2015265232.362.00$1,370
Nov 2015163738.792.17$1,419
Oct 201521,07843.552.43$2,703
Sep 2015164442.992.76$1,819
Aug 2015131440.162.87$942
Jul 2015120648.152.95$655
Jun 2015270956.152.88$2,156
May 2015143855.212.96$1,350
Apr 2015180749.822.71$2,234
Mar 2015072642.892.93$2,131
Feb 2015247244.662.98$1,494
Jan 2015851543.433.10$1,944
Dec 20141227354.693.59$1,637
Nov 20144198470.464.25$7,073
Oct 2014341,21978.303.90$7,417
Sep 2014341,41086.164.05$8,634
Aug 20141754589.394.04$3,719
Jul 2014421,46996.564.18$10,195
Jun 2014331,30698.164.74$9,426
May 20141879294.734.73$5,449
Apr 201491,40095.944.81$7,596
Mar 201401,39495.895.06$7,049
Feb 201401,03897.406.19$6,427
Jan 201401,30190.404.86$6,324
Dec 201301,25791.824.35$5,474
Nov 201301,33588.853.74$4,991
Oct 201301,02697.423.78$3,878
Sep 20130921104.113.72$3,424
Aug 20130670104.253.52$2,360
Jul 201321,137102.523.72$4,432
Jun 201331,09194.403.93$4,575
May 201331,05094.834.15$4,641
Apr 201341,09093.964.28$5,044
Mar 201351,13493.623.91$4,905
Feb 201341,01991.233.42$3,850
Jan 201351,07391.603.42$4,128
Dec 201251,13886.773.42$4,326
Nov 201251,13186.953.62$4,535
Oct 2012396389.383.40$3,542
Sep 2012246094.672.92$1,532
Aug 201251,25492.662.91$4,110
Jul 201231,04685.133.02$3,415
Jun 201231,12679.822.52$3,076
May 2012276391.612.49$2,082
Apr 20121411101.652.00$922
Mar 20121522105.052.22$1,265
Feb 20122488101.102.57$1,456
Jan 2012379598.092.73$2,468
Dec 2011148696.873.24$1,671
Nov 2011249495.723.31$1,827
Oct 2011143484.983.65$1,668
Sep 2011148883.623.99$2,029
Aug 2011140683.404.15$1,768
Jul 2011240494.144.52$2,013
Jun 2011340692.904.64$2,162
May 2011447698.134.40$2,489
Apr 20115582105.964.33$3,052
Mar 2011694896.364.06$4,425
Feb 2011376485.644.18$3,450
Jan 2011114686.504.59$756
Dec 2010284585.734.35$3,845
Nov 20100080.843.80$0
Oct 2010010778.103.51$375
Sep 2010375472.633.98$3,218
Aug 2010134273.684.42$1,585
Jul 2010339872.554.74$2,103
Jun 2010245870.364.91$2,390
May 2010335571.124.24$1,717
Apr 2010340981.694.12$1,931
Mar 201019278.394.39$482
Feb 201002473.585.44$131
Jan 2010133474.365.96$2,066
Dec 2009345571.445.48$2,709
Nov 2009348574.593.75$2,043
Oct 2009452872.544.11$2,460
Sep 2009249765.543.06$1,654
Aug 2009249067.423.22$1,712
Jul 2009442161.133.46$1,703
Jun 20091657166.163.90$3,283
May 20091558154.743.93$3,102
Apr 20091967846.773.59$3,321
Mar 20091170842.144.06$3,337
Feb 2009162032.814.63$2,905
Jan 2009163935.865.37$3,468
Dec 2008172437.105.98$4,365
Nov 2008160755.496.86$4,220
Oct 2008163475.246.92$4,464
Sep 20081654101.767.88$5,253
Aug 20081878114.228.48$7,562
Jul 20081603131.0811.39$6,999
Jun 20081692131.3313.03$9,150
May 20081669123.1711.57$7,866
Apr 20081584110.3110.45$6,216
Mar 20081639101.909.66$6,277
Feb 2008166692.538.77$5,934
Jan 2008174690.388.21$6,212
Dec 2007179488.337.30$5,886
Nov 200721,08291.677.29$8,073
Oct 2007368782.856.92$5,004
Sep 200741,12975.846.24$7,353
Aug 200781,05269.066.39$7,273
Jul 2007251,05370.906.39$8,499
Jun 2007361,00662.007.55$9,826
May 20073999958.747.85$10,129
Apr 2007241,00259.617.81$9,251
Mar 2007498856.927.30$7,442
Feb 2007489055.108.22$7,533
Jan 200741,04350.306.73$7,217
Dec 200631,04356.656.92$7,386
Nov 200631,12954.207.62$8,763
Oct 2006131,21454.906.01$8,014
Sep 2006261,20360.085.04$7,622
Aug 2006341,25368.717.34$11,533
Jul 2006291,33769.376.34$10,492
Jun 200641,46466.286.38$9,611
May 200641,48066.016.42$9,773
Apr 200641,40864.397.36$10,621
Mar 200661,44656.707.08$10,582
Feb 200681,33057.597.75$10,770
Jan 2006701,50060.598.93$17,641
Dec 20051791,37954.9413.42$28,334
Nov 20051601,35054.6910.59$23,045
Oct 2005861,48258.3413.80$25,463
Sep 200541,42061.4512.08$17,398
Aug 200541,44661.519.80$14,412
Jul 200581,19655.697.84$9,827
Jun 2005101,43852.337.38$11,137
May 200591,50845.226.65$10,437
Apr 200561,68049.207.36$12,661
Mar 200551,60650.377.15$11,743
Feb 200531,56745.226.31$10,026
Jan 200521,19043.166.32$7,610
Dec 2004399839.866.75$6,857
Nov 2004399545.286.33$6,435
Oct 200431,17549.706.52$7,804
Sep 200431,18643.245.28$6,396
Aug 200431,21042.375.55$6,843
Jul 200461,27538.286.08$7,987
Jun 200491,31636.106.43$8,791
May 2004131,73737.486.49$11,768
Apr 200471,71734.475.86$10,300
Mar 200431,91834.365.53$10,710
Feb 200431,73632.455.51$9,662
Jan 200451,92932.036.30$12,312
Dec 200341,95930.266.30$12,466
Nov 200332,00628.804.60$9,304
Oct 200342,22228.174.76$10,689
Sep 200342,18126.314.75$10,464
Aug 200341,94629.765.13$10,101
Jul 200361,46729.415.17$7,762
Jun 200381,34628.565.98$8,282
May 200351,48426.595.97$8,996
Apr 200321,55526.675.41$8,462
Mar 200331,32631.146.10$8,177
Feb 200321,27333.487.93$10,157
Jan 200331,63230.315.58$9,201
Dec 200231,56526.914.85$7,677
Nov 200241,45824.664.14$6,130
Oct 200231,52726.464.23$6,537
Sep 200241,47927.443.64$5,486
Aug 200241,64825.963.16$5,318
Jul 200231,72024.583.06$5,340
Jun 200231,52723.733.34$5,169
May 200231,77024.663.58$6,418
Apr 2002201,67423.653.51$6,353
Mar 200251,82222.003.10$5,763
Feb 200241,74818.222.38$4,226
Jan 2002211,66317.172.38$4,311
Dec 2001302,12716.932.36$5,537
Nov 2001182,05018.072.41$5,257
Oct 200172,18519.782.53$5,664
Sep 200132,04024.262.25$4,665
Aug 200122,02124.873.05$6,220
Jul 200112,23023.933.20$7,153
Jun 200122,22024.563.82$8,539
May 2001112,45525.524.31$10,855
Apr 2001102,52724.685.34$13,729
Mar 2001132,74024.545.38$15,050
Feb 2001172,38627.755.77$14,232
Jan 2001232,59727.478.40$22,443
Dec 2000202,63626.889.12$24,585
Nov 2000222,86332.215.66$16,907
Oct 2000243,14031.235.15$16,906
Sep 2000103,13631.875.19$16,584
Aug 2000103,39429.644.54$15,708
Jul 2000123,53028.534.09$14,779
Jun 2000143,51829.304.40$15,880
May 2000233,83427.263.68$14,735
Apr 2000254,12624.513.12$13,469
Mar 200054,26328.422.86$12,333
Feb 2000254,18627.622.73$12,104
Jan 2000284,72425.272.48$12,425
Dec 1999344,57224.282.42$11,907
Nov 1999244,37723.192.43$11,210
Oct 1999284,69020.982.80$13,737
Sep 1999285,58621.752.62$15,238
Aug 1999265,98619.262.88$17,714
Jul 1999305,89217.892.37$14,515
Jun 1999326,02515.942.36$14,742
May 1999456,69215.792.32$16,243
Apr 1999246,81115.102.21$15,401
Mar 1999248,04712.471.84$15,092
Feb 1999134,2549.981.82$7,863
Jan 1999141,88110.381.90$3,719
Dec 1998192,8499.201.77$5,227
Nov 1998223,03010.892.19$6,862
Oct 1998193,15012.421.97$6,439
Sep 1998203,34712.592.08$7,222
Aug 1998223,57811.301.91$7,073
Jul 1998243,76911.742.24$8,714
Jun 1998233,51411.242.24$8,120
May 1998253,88212.622.21$8,881
Apr 1998253,65113.042.51$9,473
Mar 1998534,03712.802.31$10,002
Feb 1998553,69013.952.30$9,251
Jan 1998684,35214.702.15$10,377
Dec 1997274,42716.322.41$11,115
Nov 1997284,58518.193.09$14,669
Oct 1997314,88519.253.15$15,984
Sep 1997284,98317.742.95$15,221
Aug 1997245,25917.862.55$13,864
Jul 1997285,44517.582.25$12,727
Jun 1997315,42217.242.26$12,773
May 1997285,40918.972.31$13,018
Apr 1997305,62417.882.08$12,250
Mar 1997455,93618.951.94$12,363
Feb 1997665,41920.492.21$13,306
Jan 1997556,16423.483.54$23,110
Dec 1996416,76423.32$956
Nov 1996616,82521.97$1,340
Oct 1996637,46623.31$1,469
Sep 1996628,28122.22$1,378
Aug 1996659,23520.26$1,317
Jul 1996629,84319.55$1,212
Jun 19967510,41318.73$1,405
May 19968913,17519.43$1,729
Apr 199614116,61421.51$3,033
Mar 199621423,72619.38$4,147
Feb 1996929,76216.98$1,562

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.

Jun 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.08 =         $0
Gas                    6 Mcf  × $  2.63 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/157984 is the state's own key, not one this site invented.