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 158600District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
May 1996 – May 2026
Value, last 12 filed months
$13 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 Gas111996-07-18134934
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
CondensateDisposition2,498 bbl$95,611
GasProduction689,165 Mcf$2,031,471
Total$2,127,082

129,594 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 28.3452, -98.4587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34522, -98.45867 · 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
10,676 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 10,676 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-311331754810,676 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 20264126106.413.05$809
Apr 2026119398.932.87$653
Mar 2026010489.753.15$328
Feb 2026111263.503.75$484
Jan 2026120359.138.00$1,683
Dec 2025217956.664.41$903
Nov 2025425158.593.93$1,220
Oct 2025424459.383.30$1,044
Sep 2025720162.743.08$1,058
Aug 2025629863.933.01$1,282
Jul 2025739666.743.32$1,780
Jun 2025942766.483.13$1,934
May 202533460.553.23$292
Apr 2025623062.363.54$1,189
Mar 2025418067.704.27$1,039
Feb 2025623870.884.34$1,458
Jan 202513374.324.28$216
Dec 202429268.993.12$425
Nov 2024223169.052.20$646
Oct 2024423771.372.28$826
Sep 2024513269.612.36$660
Aug 2024514575.632.06$677
Jul 20241626879.932.15$1,854
Jun 20241024778.082.63$1,431
May 2024634878.812.20$1,238
Apr 2024146684.451.66$858
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240873.023.30$26
Dec 2023429471.262.61$1,053
Nov 202335477.892.81$385
Oct 2023423285.443.09$1,058
Sep 2023435789.042.74$1,333
Aug 2023625080.522.67$1,151
Jul 2023729874.852.64$1,311
Jun 2023326168.962.26$796
May 2023829870.622.23$1,229
Apr 2023336678.122.24$1,053
Mar 2023321272.852.39$726
Feb 2023318175.112.47$672
Jan 2023219076.533.39$797
Dec 2022423876.415.73$1,669
Nov 2022537485.005.65$2,537
Oct 2022635387.185.86$2,593
Sep 2022718184.888.16$2,072
Aug 2022623294.529.13$2,685
Jul 20225132101.587.54$1,503
Jun 20227214115.097.98$2,513
May 20225366109.378.43$3,633
Apr 20227242104.226.84$2,384
Mar 20226242108.885.08$1,882
Feb 2022944591.054.86$2,982
Jan 2022944181.844.54$2,738
Dec 2021541671.323.90$1,979
Nov 2021542177.435.24$2,592
Oct 2021650279.795.71$3,347
Sep 2021755169.865.35$3,437
Aug 2021320466.024.22$1,059
Jul 2021558070.783.98$2,664
Jun 2021543969.493.38$1,832
May 2021448863.483.02$1,727
Apr 2021351360.362.76$1,596
Mar 2021531161.302.72$1,151
Feb 2021539257.805.55$2,464
Jan 2021546450.412.81$1,556
Dec 2020760844.642.68$1,939
Nov 20201276138.772.71$2,525
Oct 20201087136.972.48$2,528
Sep 20201037237.091.99$1,112
Aug 2020697239.982.39$2,558
Jul 202061,36938.371.83$2,729
Jun 2020191,59734.901.69$3,363
May 2020096316.921.81$1,748
Apr 2020417114.751.80$368
Mar 20201187130.341.86$1,951
Feb 20201887149.881.98$2,623
Jan 2020191,63257.252.09$4,506
Dec 2019101,20559.012.30$3,367
Nov 20191040055.302.75$1,653
Oct 20191041653.472.42$1,541
Sep 2019769155.052.66$2,222
Aug 2019744253.112.30$1,390
Jul 2019769156.272.46$2,094
Jun 2019988652.782.49$2,682
May 2019892958.482.74$3,014
Apr 2019078262.632.75$2,151
Mar 201901,14556.803.06$3,506
Feb 201902,11850.852.79$5,914
Jan 201901,54146.033.23$4,975
Dec 2018083546.594.19$3,495
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 2018021863.842.90$632
Mar 201801,00461.222.79$2,798
Feb 2018085061.782.77$2,351
Jan 2018077562.874.01$3,107
Dec 201701,16557.272.92$3,404
Nov 2017091955.423.12$2,866
Oct 201701,24349.292.98$3,709
Sep 201701,13147.523.09$3,492
Aug 201701,01145.373.00$3,037
Jul 201701,49243.873.09$4,606
Jun 201701,36742.493.09$4,220
May 201701,44845.373.26$4,725
Apr 201701,58747.933.21$5,097
Mar 201701,37346.772.98$4,097
Feb 201701,01750.452.95$3,003
Jan 201701,51649.413.42$5,183
Dec 201601,50948.763.72$5,618
Nov 201601,29942.492.64$3,435
Oct 201601,27346.193.09$3,934
Sep 201601,51141.553.10$4,685
Aug 201601,85641.442.92$5,428
Jul 201601,60241.622.92$4,685
Jun 201601,53445.352.69$4,120
May 201601,55142.521.99$3,088
Apr 201601,72836.561.99$3,441
Mar 201601,62733.011.79$2,919
Feb 201601,31826.472.06$2,720
Jan 201601,26027.352.36$2,979
Dec 2015095232.362.00$1,905
Nov 201501,62338.792.17$3,518
Oct 201501,39643.552.43$3,388
Sep 201501,19642.992.76$3,299
Aug 201501,32540.162.87$3,806
Jul 201511,14348.152.95$3,414
Jun 201521,52856.152.88$4,517
May 201531,82155.212.96$5,548
Apr 201521,33449.822.71$3,710
Mar 201521,60342.892.93$4,790
Feb 201511,48244.662.98$4,455
Jan 201501,33743.433.10$4,146
Dec 201401,65554.693.59$5,944
Nov 201401,71970.464.25$7,309
Oct 201401,80078.303.90$7,022
Sep 201401,82886.164.05$7,395
Aug 201401,15689.394.04$4,665
Jul 201401,64296.564.18$6,863
Jun 201401,81198.164.74$8,578
May 201401,31394.734.73$6,206
Apr 201401,04895.944.81$5,040
Mar 201401,32495.895.06$6,695
Feb 201401,24697.406.19$7,715
Jan 201401,59090.404.86$7,729
Dec 201301,97591.824.35$8,600
Nov 201301,88788.853.74$7,054
Oct 201301,93697.423.78$7,317
Sep 201301,622104.113.72$6,030
Aug 201321,794104.253.52$6,528
Jul 2013151,819102.523.72$8,300
Jun 2013281,72594.403.93$9,428
May 2013161,68694.834.15$8,513
Apr 201341,54393.964.28$6,984
Mar 201361,75193.623.91$7,413
Feb 201331,89591.233.42$6,754
Jan 201331,90291.603.42$6,779
Dec 201211,80986.773.42$6,274
Nov 201211,80886.953.62$6,641
Oct 201211,59089.383.40$5,495
Sep 201212,21094.672.92$6,544
Aug 201212,11492.662.91$6,241
Jul 201211,86885.133.02$5,728
Jun 201232,20579.822.52$5,794
May 201241,93291.612.49$5,174
Apr 201242,029101.652.00$4,458
Mar 201221,972105.052.22$4,592
Feb 201261,642101.102.57$4,827
Jan 2012141,60498.092.73$5,759
Dec 2011141,45496.873.24$6,067
Nov 2011141,53795.723.31$6,430
Oct 2011131,69984.983.65$7,304
Sep 201181,46583.623.99$6,508
Aug 201181,26983.404.15$5,933
Jul 201181,32894.144.52$6,752
Jun 201131,43392.904.64$6,928
May 201131,58898.134.40$7,289
Apr 20112976105.964.33$4,441
Mar 2011271096.364.06$3,073
Feb 201121,43785.644.18$6,178
Jan 201131,58986.504.59$7,551
Dec 201041,13785.734.35$5,286
Nov 2010362980.843.80$2,630
Oct 2010361778.103.51$2,399
Sep 2010243172.633.98$1,860
Aug 2010259273.684.42$2,764
Jul 2010156272.554.74$2,734
Jun 2010150670.364.91$2,555
May 2010158771.124.24$2,557
Apr 2010158781.694.12$2,502
Mar 2010261378.394.39$2,847
Feb 2010147473.585.44$2,653
Jan 2010151174.365.96$3,122
Dec 2009248971.445.48$2,824
Nov 2009255074.593.75$2,213
Oct 2009358972.544.11$2,639
Sep 2009258165.543.06$1,912
Aug 2009154667.423.22$1,825
Jul 2009154461.133.46$1,946
Jun 2009158966.163.90$2,360
May 2009154654.743.93$2,198
Apr 2009170846.773.59$2,587
Mar 2009171242.144.06$2,932
Feb 2009164232.814.63$3,007
Jan 2009167735.865.37$3,672
Dec 2008161637.105.98$3,719
Nov 2008158655.496.86$4,076
Oct 2008163875.246.92$4,491
Sep 20081812101.767.88$6,498
Aug 20081855114.228.48$7,367
Jul 20081717131.0811.39$8,297
Jun 20081727131.3313.03$9,606
May 20081723123.1711.57$8,491
Apr 20081656110.3110.45$6,969
Mar 20081751101.909.66$7,360
Feb 2008177892.538.77$6,916
Jan 2008184290.388.21$7,000
Dec 2007187588.337.30$6,478
Nov 2007195791.677.29$7,070
Oct 2007188382.856.92$6,195
Sep 200711,04975.846.24$6,626
Aug 2007391269.066.39$6,033
Jul 2007842970.906.39$3,308
Jun 20071069262.007.55$5,844
May 20071181758.747.85$7,057
Apr 2007680759.617.81$6,656
Mar 200711,05356.927.30$7,746
Feb 200721,10955.108.22$9,222
Jan 2007292250.306.73$6,303
Dec 2006273256.656.92$5,178
Nov 200621,11554.207.62$8,602
Oct 200631,20654.906.01$7,417
Sep 200621,11960.085.04$5,757
Aug 200631,17468.717.34$8,823
Jul 200631,13469.376.34$7,401
Jun 200631,14266.286.38$7,489
May 200631,15966.016.42$7,645
Apr 200631,09864.397.36$8,275
Mar 200631,11156.707.08$8,039
Feb 2006298857.597.75$7,773
Jan 200621,13860.598.93$10,287
Dec 200521,06654.9413.42$14,411
Nov 200521,02454.6910.59$10,952
Oct 200521,12358.3413.80$15,609
Sep 200521,09561.4512.08$13,349
Aug 200521,02861.519.80$10,194
Jul 200531,05955.697.84$8,473
Jun 200531,03852.337.38$7,819
May 200531,07445.226.65$7,279
Apr 200521,08849.207.36$8,107
Mar 200531,09050.377.15$7,950
Feb 2005398945.226.31$6,378
Jan 200531,12643.166.32$7,248
Dec 200431,12739.866.75$7,728
Nov 200431,10445.286.33$7,125
Oct 200431,24449.706.52$8,254
Sep 200431,21843.245.28$6,566
Aug 200421,27842.375.55$7,178
Jul 200421,29338.286.08$7,943
Jun 200411,27136.106.43$8,212
May 200421,34137.486.49$8,784
Apr 200421,30634.475.86$7,720
Mar 200431,36234.365.53$7,635
Feb 200421,29032.455.51$7,172
Jan 200441,40332.036.30$8,967
Dec 200321,41130.266.30$8,952
Nov 200321,38928.804.60$6,440
Oct 200321,45628.174.76$6,986
Sep 200311,41626.314.75$6,751
Aug 200321,40629.765.13$7,272
Jul 200321,41829.415.17$7,391
Jun 200321,48228.565.98$8,924
May 200321,50726.595.97$9,054
Apr 200321,25226.675.41$6,823
Mar 200321,26831.146.10$7,792
Feb 200321,12133.487.93$8,952
Jan 200331,43030.315.58$8,073
Dec 200231,37826.914.85$6,769
Nov 200241,47524.664.14$6,201
Oct 200241,54726.464.23$6,648
Sep 200251,51327.443.64$5,637
Aug 200251,54225.963.16$5,009
Jul 200241,64624.583.06$5,138
Jun 200281,57023.733.34$5,431
May 200241,81624.663.58$6,607
Apr 200261,58623.653.51$5,712
Mar 2002181,83722.003.10$6,096
Feb 200261,61718.222.38$3,951
Jan 200211,77917.172.38$4,244
Dec 200121,96116.932.36$4,670
Nov 200162,11518.072.41$5,196
Oct 200142,40219.782.53$6,153
Sep 200152,52624.262.25$5,808
Aug 200132,85624.873.05$8,794
Jul 200152,39623.933.20$7,780
Jun 200142,07224.563.82$8,022
May 200132,90925.524.31$12,607
Apr 200122,75124.685.34$14,727
Mar 2001182,90724.545.38$16,071
Feb 2001152,73427.755.77$16,183
Jan 2001122,63727.478.40$22,477
Dec 200081,92226.889.12$17,748
Nov 2000122,60932.215.66$15,148
Oct 2000173,01531.235.15$16,045
Sep 2000113,32431.875.19$17,591
Aug 2000223,69829.644.54$17,444
Jul 2000153,79128.534.09$15,932
Jun 2000493,55429.304.40$17,064
May 2000443,94727.263.68$15,723
Apr 2000264,07524.513.12$13,335
Mar 200024,06128.422.86$11,670
Feb 2000184,32227.622.73$12,281
Jan 2000175,61625.272.48$14,360
Dec 1999175,36024.282.42$13,404
Nov 199921,98223.192.43$4,871
Oct 1999214,22320.982.80$12,281
Sep 1999214,30921.752.62$11,741
Aug 1999134,44219.262.88$13,024
Jul 1999153,83117.892.37$9,357
Jun 1999313,57015.942.36$8,927
May 1999454,00615.792.32$10,009
Apr 1999243,88615.102.21$8,943
Mar 1999214,44912.471.84$8,441
Feb 1999204,1879.981.82$7,811
Jan 1999134,73410.381.90$9,129
Dec 1998154,5039.201.77$8,123
Nov 1998174,78510.892.19$10,644
Oct 1998145,06412.421.97$10,146
Sep 1998155,36512.592.08$11,362
Aug 1998175,81111.301.91$11,276
Jul 1998185,92811.742.24$13,474
Jun 1998185,78111.242.24$13,136
May 1998216,65912.622.21$14,957
Apr 1998164,72313.042.51$12,041
Mar 1998144,52312.802.31$10,625
Feb 1998173,78213.952.30$8,932
Jan 1998205,48814.702.15$12,119
Dec 1997195,68716.322.41$14,022
Nov 1997205,91218.193.09$18,622
Oct 1997236,71319.253.15$21,587
Sep 1997267,03017.742.95$21,234
Aug 1997237,60917.862.55$19,850
Jul 1997328,08817.582.25$18,736
Jun 1997348,72317.242.26$20,276
May 19972510,28818.972.31$24,224
Apr 1997188,40617.882.08$17,830
Mar 1997198,44418.951.94$16,734
Feb 1997112,51420.492.21$5,771
Jan 19977211,57123.483.54$42,648
Dec 19967015,65623.32$1,632
Nov 19966115,69721.97$1,340
Oct 19965312,88623.31$1,235
Sep 19965213,98622.22$1,155
Aug 19964716,08220.26$952
Jul 19965019,21119.55$978
Jun 19967424,46118.73$1,386
May 19962511,61519.43$486

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             4 bbl  × $106.41 =       $426
Gas                  126 Mcf  × $  3.05 =       $384

────────────────────────────────────────────────────
Month total                                     $809

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/158600 is the state's own key, not one this site invented.