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 158598District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
May 1996 – May 2026
Value, last 12 filed months
$27 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 Gas111996-07-18135021
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
CondensateDisposition3,022 bbl$92,851
GasProduction673,793 Mcf$2,001,420
Total$2,094,271

148,230 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 28.3535, -98.4597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35346, -98.45975 · 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
10,628 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 10,628 ft.

1 well

42-311331785210,628 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 (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 202610387106.413.05$2,243
Apr 20261740698.932.87$2,847
Mar 20261444189.753.15$2,645
Feb 20261535863.503.75$2,295
Jan 20261242859.138.00$4,133
Dec 20251345456.664.41$2,740
Nov 20251234658.593.93$2,062
Oct 2025437359.383.30$1,470
Sep 2025844862.743.08$1,880
Aug 2025543163.933.01$1,619
Jul 2025435266.743.32$1,434
Jun 2025539766.483.13$1,575
May 2025411660.553.23$617
Apr 2025319262.363.54$867
Mar 2025342967.704.27$2,034
Feb 2025317870.884.34$985
Jan 2025336674.324.28$1,789
Dec 2024334168.993.12$1,271
Nov 202417269.052.20$227
Oct 2024113971.372.28$388
Sep 2024315269.612.36$568
Aug 2024320575.632.06$650
Jul 2024832279.932.15$1,331
Jun 2024426678.082.63$1,013
May 2024231778.812.20$855
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240673.023.30$20
Dec 2023213171.262.61$485
Nov 202313677.892.81$179
Oct 2023026885.443.09$827
Sep 2023032289.042.74$881
Aug 2023148980.522.67$1,388
Jul 2023048274.852.64$1,273
Jun 2023146168.962.26$1,110
May 2023245470.622.23$1,152
Apr 2023839778.122.24$1,513
Mar 20231040872.852.39$1,705
Feb 20231160075.112.47$2,306
Jan 2023437276.533.39$1,566
Dec 2022522376.415.73$1,660
Nov 2022225685.005.65$1,615
Oct 2022039787.185.86$2,328
Sep 2022032784.888.16$2,670
Aug 2022042294.529.13$3,852
Jul 20220498101.587.54$3,756
Jun 20220471115.097.98$3,757
May 20220283109.378.43$2,387
Apr 20220334104.226.84$2,284
Mar 20220240108.885.08$1,218
Feb 2022056091.054.86$2,721
Jan 2022027881.844.54$1,261
Dec 2021052371.323.90$2,039
Nov 2021040077.435.24$2,095
Oct 2021097579.795.71$5,571
Sep 2021037269.865.35$1,991
Aug 2021012866.024.22$540
Jul 2021019870.783.98$788
Jun 2021017569.493.38$592
May 2021013363.483.02$401
Apr 2021012260.362.76$337
Mar 202101861.302.72$49
Feb 2021018257.805.55$1,010
Jan 2021022250.412.81$624
Dec 2020012644.642.68$337
Nov 2020011738.772.71$317
Oct 202009036.972.48$223
Sep 202007437.091.99$147
Aug 2020022339.982.39$532
Jul 202004838.371.83$88
Jun 2020050234.901.69$849
May 202001316.921.81$24
Apr 202001114.751.80$20
Mar 20200030.341.86$0
Feb 2020010549.881.98$208
Jan 2020012557.252.09$262
Dec 201901959.012.30$44
Nov 20190055.302.75$0
Oct 201903153.472.42$75
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190752.782.49$17
May 201901158.482.74$30
Apr 20190662.632.75$17
Mar 201903856.803.06$116
Feb 201902850.852.79$78
Jan 201903346.033.23$107
Dec 20180046.594.19$0
Nov 201802252.934.24$93
Oct 20181161.443.40$65
Sep 20181159.543.11$63
Aug 20181159.403.07$62
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20181112861.222.79$1,030
Feb 2018714761.782.77$839
Jan 2018536062.874.01$1,758
Dec 2017430757.272.92$1,126
Nov 2017439255.423.12$1,444
Oct 2017536049.292.98$1,321
Sep 2017340647.523.09$1,396
Aug 2017220845.373.00$716
Jul 2017439043.873.09$1,380
Jun 2017441242.493.09$1,442
May 2017433845.373.26$1,285
Apr 2017546247.933.21$1,723
Mar 2017448546.772.98$1,634
Feb 2017646050.452.95$1,661
Jan 2017654849.413.42$2,170
Dec 2016543148.763.72$1,848
Nov 2016450142.492.64$1,495
Oct 2016623046.193.09$988
Sep 2016446041.553.10$1,592
Aug 2016568941.442.92$2,222
Jul 2016652941.622.92$1,797
Jun 20161459345.352.69$2,228
May 20161763542.521.99$1,987
Apr 20163068636.561.99$2,463
Mar 20164068933.011.79$2,556
Feb 20162856026.472.06$1,897
Jan 20162840827.352.36$1,730
Dec 20152436932.362.00$1,515
Nov 20151933338.792.17$1,459
Oct 20153156943.552.43$2,731
Sep 20152339942.992.76$2,089
Aug 20151634940.162.87$1,645
Jul 2015041548.152.95$1,222
Jun 2015038156.152.88$1,098
May 2015035255.212.96$1,040
Apr 2015150549.822.71$1,417
Mar 2015152742.892.93$1,589
Feb 2015138244.662.98$1,182
Jan 2015162743.433.10$1,988
Dec 2014139954.693.59$1,488
Nov 2014172170.464.25$3,136
Oct 2014147378.303.90$1,923
Sep 2014188886.164.05$3,679
Aug 2014032189.394.04$1,295
Jul 2014157996.564.18$2,517
Jun 2014163298.164.74$3,092
May 2014175794.734.73$3,673
Apr 2014178795.944.81$3,881
Mar 201411,25395.895.06$6,432
Feb 20140097.406.19$0
Jan 2014029990.404.86$1,453
Dec 2013050991.824.35$2,216
Nov 2013017388.853.74$647
Oct 2013146197.423.78$1,840
Sep 20130338104.113.72$1,257
Aug 20131392104.253.52$1,485
Jul 20131558102.523.72$2,177
Jun 2013130694.403.93$1,298
May 2013150094.834.15$2,169
Apr 2013147693.964.28$2,132
Mar 2013289593.623.91$3,689
Feb 201321,05591.233.42$3,790
Jan 2013180091.603.42$2,828
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012029694.672.92$864
Aug 2012143492.662.91$1,355
Jul 2012183885.133.02$2,617
Jun 2012174279.822.52$1,949
May 2012175991.612.49$1,980
Apr 20121803101.652.00$1,705
Mar 20121818105.052.22$1,923
Feb 20121741101.102.57$2,006
Jan 2012177298.092.73$2,209
Dec 2011159496.873.24$2,021
Nov 2011149695.723.31$1,738
Oct 2011161584.983.65$2,329
Sep 2011163383.623.99$2,607
Aug 2011172383.404.15$3,083
Jul 2011169794.144.52$3,243
Jun 2011152292.904.64$2,515
May 2011164898.134.40$2,952
Apr 20111721105.964.33$3,230
Mar 2011176596.364.06$3,200
Feb 2011161085.644.18$2,635
Jan 2011170786.504.59$3,331
Dec 2010171285.734.35$3,181
Nov 2010176180.843.80$2,969
Oct 2010184578.103.51$3,043
Sep 2010176572.633.98$3,117
Aug 2010182573.684.42$3,720
Jul 2010179672.554.74$3,843
Jun 2010178370.364.91$3,915
May 2010173971.124.24$3,201
Apr 2010185981.694.12$3,623
Mar 2010185478.394.39$3,826
Feb 2010179273.585.44$4,384
Jan 2010184374.365.96$5,102
Dec 2009182471.445.48$4,590
Nov 2009190674.593.75$3,473
Oct 2009292172.544.11$3,931
Sep 2009192365.543.06$2,894
Aug 2009197267.423.22$3,196
Jul 2009079861.133.46$2,765
Jun 2009196566.163.90$3,825
May 2009184954.743.93$3,388
Apr 2009177146.773.59$2,813
Mar 200911,05342.144.06$4,316
Feb 2009199332.814.63$4,633
Jan 200911,10635.865.37$5,976
Dec 200801,02237.105.98$6,109
Nov 2008098655.496.86$6,764
Oct 2008095675.246.92$6,617
Sep 200801,031101.767.88$8,121
Aug 200801,172114.228.48$9,942
Jul 200801,002131.0811.39$11,412
Jun 200801,089131.3313.03$14,193
May 200801,146123.1711.57$13,264
Apr 200801,054110.3110.45$11,019
Mar 200801,132101.909.66$10,940
Feb 200811,24992.538.77$11,047
Jan 200811,36590.388.21$11,291
Dec 200711,34888.337.30$9,931
Nov 200711,52591.677.29$11,212
Oct 200711,51982.856.92$10,597
Sep 200711,56075.846.24$9,817
Aug 200731,21569.066.39$7,969
Jul 2007101,27170.906.39$8,828
Jun 2007151,46562.007.55$11,988
May 2007141,44058.747.85$12,121
Apr 2007141,52459.617.81$12,730
Mar 2007141,70756.927.30$13,261
Feb 2007131,51055.108.22$13,122
Jan 200721,54050.306.73$10,460
Dec 200621,47756.656.92$10,332
Nov 200611,53254.207.62$11,724
Oct 200621,81454.906.01$11,019
Sep 200611,27560.085.04$6,483
Aug 200621,48868.717.34$11,059
Jul 200621,57269.376.34$10,110
Jun 200621,76366.286.38$11,387
May 200621,46366.016.42$9,532
Apr 200621,48564.397.36$11,059
Mar 200621,64556.707.08$11,765
Feb 200621,54057.597.75$12,052
Jan 200631,72460.598.93$15,583
Dec 200531,55754.9413.42$21,053
Nov 200521,40354.6910.59$14,965
Oct 200521,74758.3413.80$24,218
Sep 200541,70361.4512.08$20,816
Aug 200532,02961.519.80$20,062
Jul 200542,00155.697.84$15,918
Jun 200521,53752.337.38$11,449
May 200571,65845.226.65$11,344
Apr 200561,75149.207.36$13,183
Mar 200571,65750.377.15$12,208
Feb 200561,41445.226.31$9,196
Jan 200521,70543.166.32$10,866
Dec 200432,32339.866.75$15,802
Nov 200411,49945.286.33$9,535
Oct 2004189449.706.52$5,874
Sep 2004140643.245.28$2,189
Aug 2004131442.375.55$1,785
Jul 2004236638.286.08$2,303
Jun 200431,44636.106.43$9,410
May 200461,69837.486.49$11,253
Apr 2004101,69234.475.86$10,257
Mar 2004121,74734.365.53$10,073
Feb 2004161,93332.455.51$11,169
Jan 2004381,86432.036.30$12,960
Dec 2003312,22030.266.30$14,928
Nov 2003212,15328.804.60$10,498
Oct 2003183,64328.174.76$17,846
Sep 2003592026.314.75$4,501
Aug 2003592029.765.13$4,868
Jul 2003021729.415.17$1,122
Jun 2003173928.565.98$4,450
May 200321,35926.595.97$8,170
Apr 200321,47726.675.41$8,040
Mar 200321,54331.146.10$9,468
Feb 200321,32933.487.93$10,600
Jan 200321,81430.315.58$10,186
Dec 200241,53226.914.85$7,544
Nov 200241,59724.664.14$6,705
Oct 200231,86026.464.23$7,946
Sep 200221,73127.443.64$6,347
Aug 200241,72725.963.16$5,568
Jul 200221,81324.583.06$5,600
Jun 200221,70423.733.34$5,736
May 200222,06724.663.58$7,457
Apr 200221,67423.653.51$5,927
Mar 200221,82222.003.10$5,697
Feb 200211,86018.222.38$4,437
Jan 200222,07417.172.38$4,962
Dec 200121,84416.932.36$4,394
Nov 200121,99118.072.41$4,826
Oct 2001322,17319.782.53$6,128
Sep 2001172,14424.262.25$5,239
Aug 2001212,02924.873.05$6,717
Jul 2001242,15723.933.20$7,470
Jun 2001422,22124.563.82$9,525
May 20011532,48925.524.31$14,625
Apr 200192,33924.685.34$12,701
Mar 200182,72624.545.38$14,853
Feb 2001141,66227.755.77$9,973
Jan 2001212,12227.478.40$18,399
Dec 2000142,39926.889.12$22,261
Nov 2000122,51832.215.66$14,633
Oct 2000202,51831.235.15$13,581
Sep 200082,37331.875.19$12,563
Aug 2000112,29329.644.54$10,738
Jul 2000152,55928.534.09$10,894
Jun 2000132,44129.304.40$11,115
May 2000142,61627.263.68$10,008
Apr 2000112,85324.513.12$9,160
Mar 200023,08828.422.86$8,888
Feb 2000133,22127.622.73$9,141
Jan 2000143,40425.272.48$8,797
Dec 1999183,56424.282.42$9,075
Nov 1999193,70423.192.43$9,456
Oct 1999144,23720.982.80$12,173
Sep 1999144,52521.752.62$12,155
Aug 1999134,37919.262.88$12,843
Jul 1999154,70317.892.37$11,426
Jun 1999105,11515.942.36$12,242
May 1999445,40315.792.32$13,235
Apr 1999235,36615.102.21$12,196
Mar 1999205,96612.471.84$11,217
Feb 1999195,6269.981.82$10,417
Jan 1999126,62310.381.90$12,708
Dec 1998146,7269.201.77$12,056
Nov 1998177,35210.892.19$16,255
Oct 1998136,99412.421.97$13,934
Sep 199863,00912.592.08$6,342
Aug 199883,92011.301.91$7,567
Jul 1998136,37411.742.24$14,413
Jun 1998188,76611.242.24$19,814
May 1998199,21712.622.21$20,576
Apr 1998219,90713.042.51$25,094
Mar 19982110,68612.802.31$24,947
Feb 19982710,38613.952.30$24,255
Jan 19983213,10214.702.15$28,702
Dec 19972411,31816.322.41$27,681
Nov 199761,77218.193.09$5,582
Oct 1997195,27619.253.15$16,984
Sep 1997256,64217.742.95$20,070
Aug 1997216,79917.862.55$17,745
Jul 1997247,52717.582.25$17,335
Jun 1997248,20117.242.26$18,925
May 1997259,26518.972.31$21,863
Apr 19976910,24717.882.08$22,576
Mar 19977310,44918.951.94$21,645
Feb 1997609,76520.492.21$22,770
Jan 19977611,83323.483.54$43,670
Dec 19967113,90023.32$1,656
Nov 19966913,97421.97$1,516
Oct 19967014,93023.31$1,632
Sep 19967517,82122.22$1,667
Aug 19968120,70320.26$1,641
Jul 19968724,30819.55$1,701
Jun 199612229,54818.73$2,285
May 19965013,04619.43$972

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            10 bbl  × $106.41 =     $1,064
Gas                  387 Mcf  × $  3.05 =     $1,179

────────────────────────────────────────────────────
Month total                                   $2,243

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/158598 is the state's own key, not one this site invented.