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 158601District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
May 1996 – May 2026
Value, last 12 filed months
$20 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 Gas111996-07-18134933
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
CondensateDisposition2,272 bbl$76,162
GasProduction538,814 Mcf$1,671,602
Total$1,747,765

100,738 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 28.3570, -98.4630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35696, -98.46303 · 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
10,570 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 10,570 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-311331764910,570 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 20265161106.413.05$1,022
Apr 2026037598.932.87$1,076
Mar 2026036489.753.15$1,146
Feb 2026035663.503.75$1,335
Jan 2026143359.138.00$3,522
Dec 2025141856.664.41$1,901
Nov 2025533458.593.93$1,604
Oct 2025637359.383.30$1,589
Sep 20251244862.743.08$2,131
Aug 2025740463.933.01$1,665
Jul 2025738666.743.32$1,747
Jun 2025728966.483.13$1,370
May 2025615760.553.23$871
Apr 2025534962.363.54$1,548
Mar 2025455667.704.27$2,644
Feb 2025425870.884.34$1,403
Jan 2025324874.324.28$1,284
Dec 2024336868.993.12$1,356
Nov 2024114069.052.20$377
Oct 2024223571.372.28$679
Sep 2024318169.612.36$637
Aug 2024423475.632.06$785
Jul 2024728279.932.15$1,165
Jun 2024317478.082.63$693
May 2024255578.812.20$1,378
Apr 2024139484.451.66$738
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240973.023.30$30
Dec 2023014671.262.61$381
Nov 2023210577.892.81$451
Oct 2023435485.443.09$1,435
Sep 2023434189.042.74$1,289
Aug 2023220580.522.67$709
Jul 2023419774.852.64$820
Jun 202316068.962.26$204
May 2023827570.622.23$1,178
Apr 2023016578.122.24$369
Mar 2023016372.852.39$390
Feb 2023030175.112.47$742
Jan 2023011976.533.39$403
Dec 2022117876.415.73$1,096
Nov 2022117485.005.65$1,067
Oct 2022521887.185.86$1,714
Sep 202239584.888.16$1,030
Aug 2022311694.529.13$1,342
Jul 20225195101.587.54$1,979
Jun 20224171115.097.98$1,824
May 20223175109.378.43$1,804
Apr 20220171104.226.84$1,169
Mar 20220133108.885.08$675
Feb 2022019491.054.86$943
Jan 2022018681.844.54$844
Dec 2021024871.323.90$967
Nov 2021026777.435.24$1,398
Oct 2021023079.795.71$1,314
Sep 2021025969.865.35$1,386
Aug 2021024366.024.22$1,026
Jul 2021011070.783.98$438
Jun 2021020069.493.38$676
May 2021030863.483.02$929
Apr 2021012860.362.76$353
Mar 2021052961.302.72$1,437
Feb 2021118557.805.55$1,084
Jan 2021139950.412.81$1,172
Dec 2020228544.642.68$852
Nov 20201526138.772.71$1,288
Oct 20201521436.972.48$1,085
Sep 20201619137.091.99$974
Aug 2020926939.982.39$1,001
Jul 2020718038.371.83$597
Jun 2020910334.901.69$488
May 2020012616.921.81$229
Apr 202001614.751.80$29
Mar 202008630.341.86$160
Feb 2020020249.881.98$400
Jan 2020035357.252.09$739
Dec 2019046559.012.30$1,072
Nov 2019085255.302.75$2,344
Oct 20191053.472.42$53
Sep 201924755.052.66$235
Aug 2019925953.112.30$1,075
Jul 2019226256.272.46$757
Jun 2019425952.782.49$856
May 2019522058.482.74$895
Apr 2019024262.632.75$666
Mar 2019023156.803.06$707
Feb 2019020550.852.79$572
Jan 2019016246.033.23$523
Dec 2018017546.594.19$732
Nov 2018013552.934.24$572
Oct 2018010961.443.40$370
Sep 2018015159.543.11$469
Aug 2018013159.403.07$402
Jul 2018013865.142.93$405
Jun 2018010360.183.08$317
May 2018013865.382.90$400
Apr 2018013463.842.90$389
Mar 2018028261.222.79$786
Feb 2018014361.782.77$396
Jan 2018015762.874.01$629
Dec 2017014657.272.92$427
Nov 2017029555.423.12$920
Oct 2017012149.292.98$361
Sep 2017016847.523.09$519
Aug 2017011945.373.00$358
Jul 2017024743.873.09$763
Jun 2017016542.493.09$509
May 2017021345.373.26$695
Apr 2017015047.933.21$482
Mar 2017024146.772.98$719
Feb 2017025550.452.95$753
Jan 2017013249.413.42$451
Dec 2016020648.763.72$767
Nov 2016029142.492.64$770
Oct 2016014646.193.09$451
Sep 2016032241.553.10$998
Aug 2016019541.442.92$570
Jul 2016035941.622.92$1,050
Jun 2016041345.352.69$1,109
May 2016044342.521.99$882
Apr 2016023636.561.99$470
Mar 2016046433.011.79$832
Feb 2016038326.472.06$790
Jan 2016023027.352.36$544
Dec 2015025032.362.00$500
Nov 2015027538.792.17$596
Oct 2015032143.552.43$779
Sep 2015026842.992.76$739
Aug 2015023440.162.87$672
Jul 2015032048.152.95$942
Jun 2015024656.152.88$709
May 2015042055.212.96$1,241
Apr 2015051949.822.71$1,405
Mar 2015044742.892.93$1,312
Feb 2015056344.662.98$1,676
Jan 2015026243.433.10$812
Dec 2014141654.693.59$1,549
Nov 2014147670.464.25$2,094
Oct 2014143578.303.90$1,775
Sep 2014150686.164.05$2,133
Aug 2014133389.394.04$1,433
Jul 2014149096.564.18$2,145
Jun 2014140398.164.74$2,007
May 2014136094.734.73$1,796
Apr 2014135395.944.81$1,794
Mar 2014140095.895.06$2,119
Feb 2014137297.406.19$2,401
Jan 2014147790.404.86$2,409
Dec 2013157891.824.35$2,609
Nov 2013046088.853.74$1,720
Oct 2013151097.423.78$2,025
Sep 20131377104.113.72$1,506
Aug 20131527104.253.52$1,961
Jul 20131565102.523.72$2,203
Jun 2013151794.403.93$2,128
May 2013147494.834.15$2,061
Apr 2013243393.964.28$2,042
Mar 2013345093.623.91$2,042
Feb 2013340491.233.42$1,655
Jan 2013646591.603.42$2,140
Dec 2012642686.773.42$1,978
Nov 2012640186.953.62$1,975
Oct 2012463689.383.40$2,520
Sep 2012461794.672.92$2,179
Aug 2012564892.662.91$2,348
Jul 2012368085.133.02$2,310
Jun 2012263079.822.52$1,747
May 2012257191.612.49$1,604
Apr 20123530101.652.00$1,363
Mar 20124640105.052.22$1,842
Feb 20127663101.102.57$2,412
Jan 2012756498.092.73$2,229
Dec 2011462596.873.24$2,412
Nov 2011467795.723.31$2,625
Oct 2011468284.983.65$2,828
Sep 2011368483.623.99$2,977
Aug 2011270883.404.15$3,105
Jul 2011267394.144.52$3,228
Jun 2011155392.904.64$2,659
May 2011360898.134.40$2,973
Apr 20113504105.964.33$2,502
Mar 2011348196.364.06$2,241
Feb 2011154485.644.18$2,360
Jan 2011258286.504.59$2,844
Dec 2010259185.734.35$2,741
Nov 2010262980.843.80$2,549
Oct 2010273578.103.51$2,735
Sep 2010155272.633.98$2,269
Aug 2010165373.684.42$2,960
Jul 2010160472.554.74$2,933
Jun 2010156170.364.91$2,825
May 2010158771.124.24$2,557
Apr 2010157781.694.12$2,460
Mar 2010161278.394.39$2,764
Feb 2010154873.585.44$3,056
Jan 2010259374.365.96$3,685
Dec 2009356471.445.48$3,307
Nov 2009361274.593.75$2,520
Oct 2009464872.544.11$2,954
Sep 2009264565.543.06$2,108
Aug 2009264867.423.22$2,220
Jul 2009164761.133.46$2,303
Jun 2009166866.163.90$2,668
May 2009170354.743.93$2,815
Apr 2009178346.773.59$2,856
Mar 2009168742.144.06$2,831
Feb 2009172732.814.63$3,401
Jan 2009181435.865.37$4,408
Dec 2008072937.105.98$4,357
Nov 2008168755.496.86$4,769
Oct 2008179975.246.92$5,606
Sep 20081902101.767.88$7,207
Aug 20081972114.228.48$8,360
Jul 20081847131.0811.39$9,778
Jun 20081862131.3313.03$11,365
May 20081893123.1711.57$10,459
Apr 20081804110.3110.45$8,516
Mar 20081864101.909.66$8,452
Feb 2008194592.538.77$8,381
Jan 200811,00490.388.21$8,329
Dec 2007199888.337.30$7,376
Nov 200711,05191.677.29$7,755
Oct 2007189882.856.92$6,299
Sep 200711,04675.846.24$6,607
Aug 200711,07069.066.39$6,904
Jul 200711,03070.906.39$6,650
Jun 200711,00462.007.55$7,641
May 200711,01958.747.85$8,054
Apr 2007194859.617.81$7,459
Mar 200711,11556.927.30$8,199
Feb 2007192055.108.22$7,614
Jan 200731,07250.306.73$7,362
Dec 200621,08956.656.92$7,647
Nov 200611,16954.207.62$8,959
Oct 200611,19154.906.01$7,217
Sep 200611,17960.085.04$5,999
Aug 200621,26968.717.34$9,452
Jul 200621,21769.376.34$7,858
Jun 200621,13766.286.38$7,391
May 200641,01066.016.42$6,753
Apr 200631,04364.397.36$7,870
Mar 200631,44856.707.08$10,426
Feb 200641,35957.597.75$10,764
Jan 200631,65560.598.93$14,966
Dec 200531,19954.9413.42$16,250
Nov 2005389954.6910.59$9,683
Oct 200531,43358.3413.80$19,944
Sep 200541,40061.4512.08$17,156
Aug 200531,45961.519.80$14,478
Jul 2005288455.697.84$7,045
Jun 200541,32552.337.38$9,989
May 200531,08945.226.65$7,379
Apr 200531,29149.207.36$9,650
Mar 200531,06550.377.15$7,771
Feb 200531,23345.226.31$7,918
Jan 200531,14743.166.32$7,381
Dec 200431,32839.866.75$9,085
Nov 200421,31245.286.33$8,396
Oct 200431,33249.706.52$8,827
Sep 200421,27143.245.28$6,802
Aug 2004221,20342.375.55$7,610
Jul 2004541,04038.286.08$8,395
Jun 2004321,17236.106.43$8,695
May 2004521,70137.486.49$12,996
Apr 20042883734.475.86$5,869
Mar 2004175134.365.53$4,188
Feb 2004167232.455.51$3,735
Jan 200451,71132.036.30$10,939
Dec 200341,34730.266.30$8,609
Nov 200331,32128.804.60$6,157
Oct 200341,39028.174.76$6,729
Sep 200391,36626.314.75$6,724
Aug 2003111,32529.765.13$7,124
Jul 2003281,98229.415.17$11,072
Jun 2003641,36228.565.98$9,977
May 2003581,46926.595.97$10,316
Apr 2003481,48126.675.41$9,288
Mar 200331,52431.146.10$9,384
Feb 200331,41333.487.93$11,300
Jan 200331,59330.315.58$8,983
Dec 200231,59426.914.85$7,818
Nov 200261,96024.664.14$8,256
Oct 200231,59126.464.23$6,808
Sep 200241,78827.443.64$6,610
Aug 200251,98625.963.16$6,414
Jul 200231,69524.583.06$5,263
Jun 200221,57723.733.34$5,312
May 200231,96524.663.58$7,117
Apr 200242,06323.653.51$7,341
Mar 200231,99922.003.10$6,268
Feb 200222,02718.222.38$4,852
Jan 200222,08217.172.38$4,981
Dec 200121,88116.932.36$4,481
Nov 200132,27718.072.41$5,532
Oct 2001152,46319.782.53$6,525
Sep 2001162,09724.262.25$5,109
Aug 200122,47924.873.05$7,619
Jul 200112,01723.933.20$6,472
Jun 200182,33124.563.82$9,111
May 2001462,56225.524.31$12,209
Apr 200152,51224.685.34$13,526
Mar 2001102,49624.545.38$13,665
Feb 2001132,09527.755.77$12,443
Jan 2001152,68427.478.40$22,954
Dec 2000122,58026.889.12$23,859
Nov 200082,78632.215.66$16,021
Oct 2000162,84931.235.15$15,159
Sep 2000112,59831.875.19$13,825
Aug 2000102,88629.644.54$13,401
Jul 2000132,96328.534.09$12,489
Jun 2000142,83729.304.40$12,885
May 2000143,10727.263.68$11,815
Apr 2000113,12724.513.12$10,013
Mar 200023,37128.422.86$9,697
Feb 2000113,22727.622.73$9,102
Jan 2000143,63725.272.48$9,375
Dec 1999183,80724.282.42$9,664
Nov 1999213,76123.192.43$9,641
Oct 1999174,00120.982.80$11,574
Sep 1999143,90521.752.62$10,531
Aug 1999134,27519.262.88$12,544
Jul 1999154,30817.892.37$10,489
Jun 1999163,47515.942.36$8,463
May 1999155,15215.792.32$12,195
Apr 1999115,01315.102.21$11,235
Mar 199995,06212.471.84$9,418
Feb 1999105,2249.981.82$9,596
Jan 1999115,77410.381.90$11,084
Dec 1998125,5659.201.77$9,979
Nov 1998146,08310.892.19$13,448
Oct 1998126,37912.421.97$12,711
Sep 199883,64812.592.08$7,698
Aug 1998146,39111.301.91$12,348
Jul 1998187,97711.742.24$18,058
Jun 1998208,61111.242.24$19,490
May 19982811,64412.622.21$26,044
Apr 1998156,86413.042.51$17,392
Mar 1998113,08712.802.31$7,270
Feb 1998153,71213.952.30$8,744
Jan 1998184,30414.702.15$9,539
Dec 1997164,34516.322.41$10,737
Nov 1997174,50218.193.09$14,213
Oct 1997194,88119.253.15$15,740
Sep 1997215,00917.742.95$15,174
Aug 1997195,34417.862.55$13,992
Jul 1997205,50217.582.25$12,714
Jun 1997235,55217.242.26$12,928
May 1997225,94818.972.31$14,148
Apr 1997194,93317.882.08$10,614
Mar 1997276,63918.951.94$13,386
Feb 1997226,28120.492.21$14,306
Jan 1997317,48623.483.54$27,226
Dec 1996348,14523.32$793
Nov 1996558,77421.97$1,208
Oct 19966710,08323.31$1,562
Sep 19966513,20522.22$1,444
Aug 19964411,53120.26$891
Jul 19964014,24119.55$782
Jun 19966118,93618.73$1,143
May 19964815,82319.43$933

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             5 bbl  × $106.41 =       $532
Gas                  161 Mcf  × $  3.05 =       $490

────────────────────────────────────────────────────
Month total                                   $1,022

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/158601 is the state's own key, not one this site invented.