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 157985District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Mar 1996 – May 2026
Value, last 12 filed months
$7 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 Gas111996-06-14134708
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
CondensateDisposition3,725 bbl$119,685
GasProduction674,369 Mcf$2,410,587
Total$2,530,272

97,249 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 28.3441, -98.4732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34407, -98.47318 · 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

42-311331533710,664 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 (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 2026031106.413.05$94
Apr 2026011098.932.87$316
Mar 202606989.753.15$217
Feb 2026013363.503.75$499
Jan 202609959.138.00$792
Dec 2025014756.664.41$649
Nov 202502558.593.93$98
Oct 2025018759.383.30$618
Sep 2025028862.743.08$886
Aug 2025034163.933.01$1,028
Jul 2025041566.743.32$1,376
Jun 202507466.483.13$232
May 2025017460.553.23$562
Apr 2025024162.363.54$854
Mar 20250067.704.27$0
Feb 2025019570.884.34$846
Jan 202502674.324.28$111
Dec 2024016968.993.12$528
Nov 2024019569.052.20$429
Oct 2024023471.372.28$534
Sep 2024022169.612.36$523
Aug 2024023975.632.06$493
Jul 2024033179.932.15$711
Jun 2024026478.082.63$695
May 2024036578.812.20$802
Apr 2024020084.451.66$332
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240773.023.30$23
Dec 2023028771.262.61$749
Nov 2023026077.892.81$730
Oct 2023033285.443.09$1,025
Sep 2023049389.042.74$1,348
Aug 2023021580.522.67$575
Jul 2023042274.852.64$1,115
Jun 2023026368.962.26$594
May 2023036770.622.23$817
Apr 2023026978.122.24$602
Mar 2023036672.852.39$876
Feb 2023038075.112.47$937
Jan 2023044676.533.39$1,511
Dec 2022012176.415.73$693
Nov 2022029785.005.65$1,677
Oct 2022020987.185.86$1,226
Sep 2022024184.888.16$1,967
Aug 2022037594.529.13$3,423
Jul 20220195101.587.54$1,471
Jun 20220145115.097.98$1,157
May 20220336109.378.43$2,834
Apr 20220322104.226.84$2,202
Mar 20220306108.885.08$1,553
Feb 2022058091.054.86$2,818
Jan 2022039781.844.54$1,801
Dec 2021072471.323.90$2,823
Nov 2021053377.435.24$2,791
Oct 2021088179.795.71$5,034
Sep 2021085669.865.35$4,580
Aug 2021030466.024.22$1,283
Jul 2021060270.783.98$2,397
Jun 2021062269.493.38$2,103
May 2021015163.483.02$456
Apr 2021021360.362.76$588
Mar 2021012361.302.72$334
Feb 2021011857.805.55$655
Jan 2021029550.412.81$829
Dec 2020021944.642.68$586
Nov 2020019238.772.71$520
Oct 2020024036.972.48$595
Sep 2020013037.091.99$259
Aug 2020039139.982.39$933
Jul 2020044338.371.83$809
Jun 2020027434.901.69$463
May 2020028516.921.81$517
Apr 202005314.751.80$96
Mar 2020032030.341.86$594
Feb 2020051149.881.98$1,012
Jan 2020038957.252.09$815
Dec 2019034159.012.30$786
Nov 201904555.302.75$124
Oct 2019041053.472.42$992
Sep 2019040255.052.66$1,068
Aug 2019017853.112.30$410
Jul 2019039756.272.46$977
Jun 2019029352.782.49$730
May 2019017858.482.74$488
Apr 2019029562.632.75$811
Mar 2019020956.803.06$640
Feb 2019032150.852.79$896
Jan 2019021046.033.23$678
Dec 2018122946.594.19$1,005
Nov 2018330052.934.24$1,430
Oct 20181119061.443.40$1,321
Sep 20181226759.543.11$1,544
Aug 2018810859.403.07$806
Jul 20181411965.142.93$1,261
Jun 20182014560.183.08$1,650
May 20182036565.382.90$2,366
Apr 2018714963.842.90$879
Mar 20182037661.222.79$2,272
Feb 20181360961.782.77$2,488
Jan 20181844162.874.01$2,900
Dec 20171412757.272.92$1,173
Nov 20172251855.423.12$2,835
Oct 20172092849.292.98$3,755
Sep 2017410547.523.09$514
Aug 201725545.373.00$256
Jul 201723843.873.09$205
Jun 201748042.493.09$417
May 2017611045.373.26$631
Apr 2017814347.933.21$843
Mar 2017719446.772.98$906
Feb 20171118350.452.95$1,095
Jan 20171621349.413.42$1,519
Dec 20162367648.763.72$3,638
Nov 20161185642.492.64$2,731
Oct 201638646.193.09$404
Sep 201699741.553.10$675
Aug 2016970641.442.92$2,438
Jul 2016066541.622.92$1,945
Jun 2016031945.352.69$857
May 2016070242.521.99$1,398
Apr 2016023536.561.99$468
Mar 2016089033.011.79$1,597
Feb 2016084226.472.06$1,738
Jan 2016088227.352.36$2,085
Dec 2015078432.362.00$1,569
Nov 2015090938.792.17$1,970
Oct 201501,50143.552.43$3,642
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150255.212.96$6
Apr 20150249.822.71$5
Mar 2015047442.892.93$1,391
Feb 2015043944.662.98$1,307
Jan 2015049743.433.10$1,541
Dec 2014062054.693.59$2,227
Nov 2014063970.464.25$2,717
Oct 2014070378.303.90$2,742
Sep 201401,05586.164.05$4,268
Aug 2014030889.394.04$1,243
Jul 2014071296.564.18$2,976
Jun 2014065498.164.74$3,098
May 2014042794.734.73$2,018
Apr 2014173995.944.81$3,650
Mar 2014163995.895.06$3,327
Feb 2014175997.406.19$4,797
Jan 2014162390.404.86$3,119
Dec 2013175191.824.35$3,362
Nov 2013149688.853.74$1,943
Oct 2013274397.423.78$3,003
Sep 20131477104.113.72$1,877
Aug 20132693104.253.52$2,650
Jul 20135627102.523.72$2,844
Jun 20131069494.403.93$3,674
May 2013569994.834.15$3,374
Apr 2013269793.964.28$3,173
Mar 2013258793.623.91$2,484
Feb 2013270991.233.42$2,607
Jan 2013258691.603.42$2,187
Dec 2012260686.773.42$2,246
Nov 2012364486.953.62$2,595
Oct 2012175889.383.40$2,666
Sep 2012245894.672.92$1,526
Aug 2012579092.662.91$2,761
Jul 2012685985.133.02$3,106
Jun 20121184279.822.52$2,999
May 20121273791.612.49$2,933
Apr 201214778101.652.00$2,977
Mar 2012161,001105.052.22$3,905
Feb 201211679101.102.57$2,857
Jan 2012475098.092.73$2,443
Dec 2011499496.873.24$3,608
Nov 2011482795.723.31$3,121
Oct 2011381184.983.65$3,214
Sep 201131,01583.623.99$4,296
Aug 201131,00183.404.15$4,404
Jul 2011396794.144.52$4,651
Jun 2011253892.904.64$2,682
May 2011492298.134.40$4,454
Apr 20114919105.964.33$4,406
Mar 2011388696.364.06$3,884
Feb 2011380885.644.18$3,634
Jan 201141,00786.504.59$4,967
Dec 2010391785.734.35$4,244
Nov 2010493680.843.80$3,876
Oct 201051,43278.103.51$5,415
Sep 201051,53872.633.98$6,484
Aug 201052,11173.684.42$9,698
Jul 201033,26672.554.74$15,687
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100274.365.96$12
Dec 200915171.445.48$351
Nov 2009617974.593.75$1,119
Oct 2009762072.544.11$3,056
Sep 2009599465.543.06$3,374
Aug 200931,03767.423.22$3,540
Jul 200931,00561.133.46$3,665
Jun 200931,30466.163.90$5,278
May 200921,20454.743.93$4,836
Apr 200931,10646.773.59$4,108
Mar 200921,10442.144.06$4,565
Feb 200921,22532.814.63$5,741
Jan 200911,11435.865.37$6,019
Dec 200811,18637.105.98$7,126
Nov 200811,12055.496.86$7,739
Oct 200811,25275.246.92$8,742
Sep 200811,327101.767.88$10,555
Aug 200811,492114.228.48$12,771
Jul 200811,242131.0811.39$14,277
Jun 200821,271131.3313.03$16,827
May 200811,441123.1711.57$16,802
Apr 200821,252110.3110.45$13,310
Mar 200821,360101.909.66$13,347
Feb 200821,59392.538.77$14,157
Jan 200821,52390.388.21$12,678
Dec 200721,58188.337.30$11,721
Nov 200721,49191.677.29$11,055
Oct 200731,54682.856.92$10,950
Sep 200721,78375.846.24$11,285
Aug 200721,52069.066.39$9,848
Jul 200721,71370.906.39$11,084
Jun 200721,70262.007.55$12,971
May 200731,55558.747.85$12,377
Apr 200721,55259.617.81$12,233
Mar 200731,70256.927.30$12,599
Feb 200731,34255.108.22$11,191
Jan 200731,50950.306.73$10,302
Dec 200631,74556.656.92$12,243
Nov 200631,92754.207.62$14,841
Oct 200641,73454.906.01$10,648
Sep 200631,79360.085.04$9,212
Aug 200641,87068.717.34$14,000
Jul 200642,00269.376.34$12,976
Jun 200642,05666.286.38$13,390
May 200641,86466.016.42$12,240
Apr 200641,76464.397.36$13,241
Mar 200671,86456.707.08$13,599
Feb 200671,66957.597.75$13,340
Jan 2006311,94860.598.93$19,280
Dec 2005681,72154.9413.42$26,824
Nov 2005591,64154.6910.59$20,602
Oct 2005311,81758.3413.80$26,875
Sep 200541,78761.4512.08$21,831
Aug 200541,81761.519.80$18,047
Jul 2005111,76555.697.84$14,457
Jun 2005151,77652.337.38$13,894
May 2005141,74445.226.65$12,233
Apr 200581,86049.207.36$14,084
Mar 200551,99050.377.15$14,490
Feb 200541,71845.226.31$11,025
Jan 200541,69143.166.32$10,863
Dec 200441,95939.866.75$13,385
Nov 200441,88345.286.33$12,101
Oct 200452,17349.706.52$14,406
Sep 200441,98643.245.28$10,667
Aug 200442,29042.375.55$12,880
Jul 2004142,06438.286.08$13,094
Jun 2004152,30436.106.43$15,363
May 2004192,25137.486.49$15,331
Apr 2004102,18434.475.86$13,140
Mar 200431,94434.365.53$10,854
Feb 200432,13532.455.51$11,860
Jan 200452,74232.036.30$17,434
Dec 200342,19030.266.30$13,922
Nov 200332,40828.804.60$11,152
Oct 200332,41228.174.76$11,565
Sep 200322,63926.314.75$12,586
Aug 200342,57629.765.13$13,333
Jul 2003202,56629.415.17$13,857
Jun 2003302,64428.565.98$16,676
May 2003272,50826.595.97$15,697
Apr 2003182,78426.675.41$15,534
Mar 200332,84631.146.10$17,443
Feb 200332,66233.487.93$21,199
Jan 200333,03730.315.58$17,044
Dec 200233,07626.914.85$15,011
Nov 200282,87124.664.14$12,074
Oct 2002383,05226.464.23$13,913
Sep 200242,98327.443.64$10,954
Aug 200243,21225.963.16$10,267
Jul 200233,35024.583.06$10,331
Jun 200233,28923.733.34$11,051
May 200233,45824.663.58$12,467
Apr 2002143,39223.653.51$12,245
Mar 2002333,62022.003.10$11,958
Feb 2002153,52518.222.38$8,648
Jan 2002153,81117.172.38$9,311
Dec 2001204,06216.932.36$9,943
Nov 2001303,98618.072.41$10,131
Oct 2001214,06319.782.53$10,690
Sep 2001144,21024.262.25$9,818
Aug 2001344,50624.873.05$14,603
Jul 2001364,51923.933.20$15,309
Jun 200184,46224.563.82$17,260
May 2001124,69325.524.31$20,520
Apr 2001104,51724.685.34$24,346
Mar 2001134,89124.545.38$26,615
Feb 2001214,46327.755.77$26,321
Jan 2001305,19327.478.40$44,439
Dec 2000245,28326.889.12$48,839
Nov 2000205,51632.215.66$31,854
Oct 2000235,94831.235.15$31,324
Sep 2000176,22031.875.19$32,802
Aug 20001035,97829.644.54$30,198
Jul 2000816,08228.534.09$27,185
Jun 2000145,62829.304.40$25,158
May 2000196,12927.263.68$23,071
Apr 2000246,30624.513.12$20,238
Mar 200056,86828.422.86$19,783
Feb 2000345,52027.622.73$15,989
Jan 2000416,00525.272.48$15,931
Dec 1999725,96324.282.42$16,201
Nov 1999766,09523.192.43$16,598
Oct 1999567,15820.982.80$21,244
Sep 1999187,12721.752.62$19,056
Aug 1999237,00019.262.88$20,572
Jul 1999306,33417.892.37$15,563
Jun 1999328,03715.942.36$19,494
May 19994510,51715.792.32$25,121
Apr 19993110,93915.102.21$24,622
Mar 19996312,87512.471.84$24,454
Feb 1999247,7819.981.82$14,384
Jan 1999672410.381.90$1,438
Dec 1998192,0839.201.77$3,869
Nov 1998151,84110.892.19$4,187
Oct 1998142,14612.421.97$4,400
Sep 1998142,23812.592.08$4,837
Aug 1998182,67411.301.91$5,304
Jul 1998212,97811.742.24$6,909
Jun 1998223,07711.242.24$7,131
May 1998223,11012.622.21$7,139
Apr 1998253,28313.042.51$8,551
Mar 1998243,50612.802.31$8,404
Feb 1998202,50913.952.30$6,048
Jan 1998242,85114.702.15$6,496
Dec 1997133,58716.322.41$8,861
Nov 1997133,61118.193.09$11,388
Oct 1997153,84819.253.15$12,409
Sep 1997144,19717.742.95$12,650
Aug 1997124,39517.862.55$11,442
Jul 1997134,50517.582.25$10,351
Jun 1997144,57017.242.26$10,557
May 1997294,98318.972.31$12,053
Apr 1997775,18017.882.08$12,166
Mar 1997855,55618.951.94$12,385
Feb 1997495,03120.492.21$12,102
Jan 1997415,83223.483.54$21,606
Dec 1996306,26823.32$700
Nov 1996356,40621.97$769
Oct 1996596,94223.31$1,375
Sep 1996597,66922.22$1,311
Aug 1996628,67620.26$1,256
Jul 1996639,68219.55$1,232
Jun 1996749,78318.73$1,386
May 19969413,41219.43$1,826
Apr 199615417,27221.51$3,313
Mar 199610111,13919.38$1,957

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             0 bbl  × $106.41 =         $0
Gas                   31 Mcf  × $  3.05 =        $94

────────────────────────────────────────────────────
Month total                                      $94

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/157985 is the state's own key, not one this site invented.