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 158597District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
May 1996 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
361
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 Gas111996-07-18135027
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
CondensateDisposition2,021 bbl$58,647
GasProduction409,517 Mcf$1,226,498
Total$1,285,145

84,958 Mcf of this lease's gas, across 8 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 28.3676, -98.4849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36756, -98.48486 · 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
10,161 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 10,161 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-311331795510,161 ftMay 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 (361)

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

361 months

May 20260306106.413.05$932
Apr 202605198.932.87$146
Mar 202606489.753.15$202
Feb 2026010363.503.75$386
Jan 2026018259.138.00$1,456
Dec 2025015956.664.41$702
Nov 202507858.593.93$306
Oct 2025016759.383.30$552
Sep 202503462.743.08$105
Aug 2025012563.933.01$377
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 20180061.222.79$0
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 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010173781.694.12$3,120
Mar 2010146878.394.39$2,132
Feb 2010241073.585.44$2,379
Jan 2010249874.365.96$3,119
Dec 2009356271.445.48$3,296
Nov 2009250374.593.75$2,036
Oct 2009363772.544.11$2,836
Sep 2009369465.543.06$2,324
Aug 2009272267.423.22$2,459
Jul 2009167361.133.46$2,393
Jun 2009131866.163.90$1,305
May 2009176154.743.93$3,042
Apr 2009247946.773.59$1,812
Mar 200921,03742.144.06$4,293
Feb 200911,07732.814.63$5,023
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008162755.496.86$4,357
Oct 2008197175.246.92$6,796
Sep 200800101.767.88$0
Aug 20081224114.228.48$2,014
Jul 20081315131.0811.39$3,719
Jun 20081270131.3313.03$3,650
May 20081558123.1711.57$6,582
Apr 20081580110.3110.45$6,174
Mar 20082701101.909.66$6,978
Feb 2008538892.538.77$3,866
Jan 20082568190.388.21$7,848
Dec 20073432888.337.30$5,398
Nov 20073849491.677.29$7,086
Oct 20072455982.856.92$5,858
Sep 2007245375.846.24$2,980
Aug 200723369.066.39$349
Jul 2007137570.906.39$2,466
Jun 2007131262.007.55$2,417
May 2007146258.747.85$3,684
Apr 2007118759.617.81$1,519
Mar 2007245056.927.30$3,400
Feb 2007239055.108.22$3,314
Jan 2007234450.306.73$2,415
Dec 2006247556.656.92$3,400
Nov 2006333754.207.62$2,730
Oct 20061260354.906.01$4,285
Sep 2006867460.085.04$3,876
Aug 20061493168.717.34$7,795
Jul 2006775669.376.34$5,281
Jun 2006389766.286.38$5,925
May 2006484966.016.42$5,719
Apr 20061376764.397.36$6,483
Mar 20061390556.707.08$7,147
Feb 20061577357.597.75$6,855
Jan 2006997260.598.93$9,229
Dec 2005376754.9413.42$10,454
Nov 2005385154.6910.59$9,175
Oct 2005266758.3413.80$9,318
Sep 2005390861.4512.08$11,152
Aug 2005267361.519.80$6,716
Jul 200541,15355.697.84$9,266
Jun 200531,26352.337.38$9,479
May 200551,07045.226.65$7,343
Apr 200541,29249.207.36$9,707
Mar 200541,09450.377.15$8,029
Feb 200541,27345.226.31$8,216
Jan 200541,45343.166.32$9,359
Dec 200441,51739.866.75$10,401
Nov 200441,52145.286.33$9,810
Oct 200441,44149.706.52$9,587
Sep 200441,33843.245.28$7,243
Aug 200441,54442.375.55$8,740
Jul 200461,51538.286.08$9,447
Jun 200431,33336.106.43$8,684
May 200431,21037.486.49$7,971
Apr 200441,19834.475.86$7,156
Mar 200471,27634.365.53$7,297
Feb 200461,20932.455.51$6,856
Jan 2004101,41532.036.30$9,234
Dec 200381,17930.266.30$7,672
Nov 200361,53428.804.60$7,222
Oct 200331,31828.174.76$6,358
Sep 200321,27226.314.75$6,094
Aug 200321,25029.765.13$6,472
Jul 200321,20629.415.17$6,295
Jun 200331,31628.565.98$7,959
May 200341,45626.595.97$8,803
Apr 200351,42326.675.41$7,828
Mar 200351,30931.146.10$8,135
Feb 200351,12933.487.93$9,116
Jan 200361,49430.315.58$8,521
Dec 200261,30226.914.85$6,481
Nov 200261,56024.664.14$6,602
Oct 200251,72726.464.23$7,436
Sep 200261,74427.443.64$6,504
Aug 200261,91425.963.16$6,212
Jul 200231,32024.583.06$4,115
Jun 200271,79123.733.34$6,145
May 200281,76024.663.58$6,505
Apr 200231,87023.653.51$6,639
Mar 200281,84222.003.10$5,891
Feb 200281,62618.222.38$4,009
Jan 2002972,10917.172.38$6,676
Dec 2001131,64716.932.36$4,114
Nov 2001122,00918.072.41$5,050
Oct 2001141,80619.782.53$4,844
Sep 2001101,69024.262.25$4,047
Aug 200171,90324.873.05$5,984
Jul 200141,91223.933.20$6,209
Jun 2001152,09024.563.82$8,361
May 2001182,35825.524.31$10,616
Apr 200182,39524.685.34$12,976
Mar 200182,50824.545.38$13,680
Feb 2001102,24727.755.77$13,236
Jan 2001112,68627.478.40$22,861
Dec 200092,62926.889.12$24,225
Nov 200092,84832.215.66$16,404
Oct 200092,91431.235.15$15,275
Sep 200082,88931.875.19$15,239
Aug 2000103,14729.644.54$14,586
Jul 2000103,13028.534.09$13,086
Jun 2000143,34529.304.40$15,119
May 2000173,68227.263.68$14,012
Apr 2000153,57124.513.12$11,495
Mar 2000423,84728.422.86$12,195
Feb 2000143,74627.622.73$10,600
Jan 2000164,49325.272.48$11,549
Dec 1999184,34424.282.42$10,966
Nov 1999194,64423.192.43$11,744
Oct 1999145,48220.982.80$15,664
Sep 1999145,86521.752.62$15,664
Aug 1999136,13119.262.88$17,881
Jul 1999296,75817.892.37$16,551
Jun 1999204,32915.942.36$10,544
May 199941,25615.792.32$2,978
Apr 199972,12915.102.21$4,807
Mar 199972,62912.471.84$4,920
Feb 199972,7649.981.82$5,094
Jan 199993,16010.381.90$6,097
Dec 1998103,0959.201.77$5,580
Nov 1998113,20010.892.19$7,114
Oct 199893,35812.421.97$6,724
Sep 1998193,43212.592.08$7,387
Aug 1998213,66711.301.91$7,232
Jul 1998233,89211.742.24$8,977
Jun 1998243,84211.242.24$8,865
May 1998264,22712.622.21$9,654
Apr 1998284,25613.042.51$11,028
Mar 1998264,28512.802.31$10,229
Feb 1998283,90213.952.30$9,362
Jan 1998324,48514.702.15$10,135
Dec 1997264,59116.322.41$11,494
Nov 1997184,71618.193.09$14,892
Oct 1997205,03419.253.15$16,241
Sep 1997215,13017.742.95$15,531
Aug 1997275,44917.862.55$14,403
Jul 1997305,66117.582.25$13,247
Jun 1997295,89717.242.26$13,811
May 1997266,77518.972.31$16,133
Apr 1997174,49617.882.08$9,668
Mar 1997286,83818.951.94$13,790
Feb 1997306,57820.492.21$15,125
Jan 1997577,85223.483.54$29,132
Dec 1996558,81123.32$1,283
Nov 1996629,14321.97$1,362
Oct 1996619,37223.31$1,422
Sep 19964110,10022.22$911
Aug 19964112,08620.26$831
Jul 19964314,16819.55$841
Jun 19966317,56918.73$1,180
May 1996123,70919.43$233

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                  306 Mcf  × $  3.05 =       $932

────────────────────────────────────────────────────
Month total                                     $932

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/158597 is the state's own key, not one this site invented.