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 158602District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
May 1996 – May 2026
Value, last 12 filed months
$8 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 Gas111996-07-18134967
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
CondensateDisposition1,789 bbl$40,231
GasProduction363,008 Mcf$966,664
Total$1,006,895

91,184 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 28.3491, -98.4677. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34907, -98.46768 · 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
10,546 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 10,546 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-311331805410,546 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 20264297106.413.05$1,330
Apr 202604198.932.87$118
Mar 202606689.753.15$208
Feb 2026110563.503.75$457
Jan 2026118359.138.00$1,523
Dec 2025116756.664.41$794
Nov 202527958.593.93$427
Oct 2025217559.383.30$697
Sep 202513862.743.08$180
Aug 2025215763.933.01$601
Jul 2025324966.743.32$1,026
Jun 2025320066.483.13$825
May 202518960.553.23$348
Apr 2025127462.363.54$1,033
Mar 2025024267.704.27$1,033
Feb 2025124470.884.34$1,130
Jan 2025129074.324.28$1,315
Dec 2024022868.993.12$712
Nov 2024018569.052.20$407
Oct 2024134171.372.28$849
Sep 2024118569.612.36$507
Aug 2024131975.632.06$734
Jul 2024122079.932.15$552
Jun 202407678.082.63$200
May 2024045078.812.20$989
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401373.023.30$43
Dec 2023143671.262.61$1,210
Nov 202302377.892.81$65
Oct 2023024185.443.09$744
Sep 2023036989.042.74$1,009
Aug 2023011380.522.67$302
Jul 2023013874.852.64$365
Jun 2023015868.962.26$357
May 2023017770.622.23$394
Apr 2023118778.122.24$497
Mar 2023118672.852.39$518
Feb 2023116275.112.47$475
Jan 202309576.533.39$322
Dec 202209776.415.73$556
Nov 2022031385.005.65$1,767
Oct 2022019987.185.86$1,167
Sep 2022032984.888.16$2,686
Aug 2022031594.529.13$2,875
Jul 20220244101.587.54$1,840
Jun 20220323115.097.98$2,577
May 20220176109.378.43$1,484
Apr 20220276104.226.84$1,887
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 201808460.183.08$258
May 2018010965.382.90$316
Apr 2018035663.842.90$1,033
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 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008145492.538.77$4,074
Jan 2008184490.388.21$7,016
Dec 2007162588.337.30$4,652
Nov 200722,30791.677.29$17,005
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200703669.066.39$230
Jul 2007135070.906.39$2,307
Jun 200707262.007.55$543
May 200706158.747.85$479
Apr 200701559.617.81$117
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070450.306.73$27
Dec 200614556.656.92$368
Nov 2006010754.207.62$815
Oct 2006123854.906.01$1,486
Sep 200604860.085.04$242
Aug 2006113768.717.34$1,074
Jul 200609769.376.34$615
Jun 200608966.286.38$568
May 2006113766.016.42$946
Apr 2006118564.397.36$1,426
Mar 2006236756.707.08$2,713
Feb 2006140957.597.75$3,228
Jan 2006144960.598.93$4,072
Dec 2005147154.9413.42$6,374
Nov 2005148654.6910.59$5,201
Oct 2005150758.3413.80$7,053
Sep 2005248561.4512.08$5,981
Aug 2005251261.519.80$5,139
Jul 2005247455.697.84$3,829
Jun 2005249852.337.38$3,780
May 2005249845.226.65$3,403
Apr 2005255449.207.36$4,176
Mar 2005254050.377.15$3,964
Feb 2005347945.226.31$3,159
Jan 2005256443.166.32$3,652
Dec 2004258239.866.75$4,009
Nov 2004256845.286.33$3,686
Oct 2004259149.706.52$3,950
Sep 2004274243.245.28$4,007
Aug 2004182842.375.55$4,638
Jul 2004168438.286.08$4,200
Jun 2004161536.106.43$3,992
May 2004171037.486.49$4,649
Apr 2004172134.475.86$4,258
Mar 2004275834.365.53$4,261
Feb 2004272732.455.51$4,070
Jan 2004383532.036.30$5,356
Dec 2003279230.266.30$5,051
Nov 2003292428.804.60$4,304
Oct 2003188928.174.76$4,259
Sep 2003183126.314.75$3,973
Aug 200311,02929.765.13$5,308
Jul 2003297929.415.17$5,121
Jun 2003189128.565.98$5,359
May 2003287126.595.97$5,255
Apr 2003290626.675.41$4,952
Mar 2003384131.146.10$5,220
Feb 200331,06133.487.93$8,510
Jan 200331,13030.315.58$6,399
Dec 200221,05526.914.85$5,175
Nov 200261,22824.664.14$5,228
Oct 200281,26326.464.23$5,553
Sep 200241,21327.443.64$4,519
Aug 200261,27025.963.16$4,174
Jul 2002141,28824.583.06$4,288
Jun 2002131,32723.733.34$4,738
May 200231,54224.663.58$5,601
Apr 200241,67423.653.51$5,974
Mar 2002211,94822.003.10$6,506
Feb 200251,38018.222.38$3,370
Jan 200231,07617.172.38$2,608
Dec 200141,69616.932.36$4,078
Nov 200131,79318.072.41$4,367
Oct 200131,91619.782.53$4,905
Sep 200151,82724.262.25$4,234
Aug 200181,92524.873.05$6,076
Jul 200162,14523.933.20$7,001
Jun 200142,19524.563.82$8,492
May 2001112,29425.524.31$10,162
Apr 2001102,35924.685.34$12,833
Mar 2001142,73424.545.38$15,043
Feb 2001122,52727.755.77$14,906
Jan 2001132,74427.478.40$23,403
Dec 2000193,04526.889.12$28,289
Nov 2000213,11032.215.66$18,273
Oct 2000223,33431.235.15$17,842
Sep 2000113,31631.875.19$17,549
Aug 2000113,72229.644.54$17,227
Jul 2000143,84028.534.09$16,104
Jun 2000263,63029.304.40$16,724
May 2000233,95127.263.68$15,166
Apr 2000124,04024.513.12$12,883
Mar 200024,40728.422.86$12,660
Feb 2000154,37027.622.73$12,329
Jan 2000284,83825.272.48$12,708
Dec 1999344,66224.282.42$12,125
Nov 1999385,22423.192.43$13,596
Oct 1999286,09320.982.80$17,670
Sep 1999284,85321.752.62$13,318
Aug 1999266,58119.262.88$19,425
Jul 1999507,99617.892.37$19,864
Jun 1999427,14715.942.36$17,551
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999139810.381.90$767
Dec 199851,1689.201.77$2,117
Nov 1998102,24310.892.19$5,011
Oct 199872,43712.421.97$4,886
Sep 1998122,31312.592.08$4,968
Aug 1998173,03911.301.91$5,989
Jul 1998193,23411.742.24$7,458
Jun 1998196,21011.242.24$14,107
May 1998213,52612.622.21$8,045
Apr 1998223,51613.042.51$9,096
Mar 1998213,61312.802.31$8,613
Feb 1998233,30713.952.30$7,924
Jan 1998273,83414.702.15$8,658
Dec 1997243,87016.322.41$9,723
Nov 1997253,99318.193.09$12,786
Oct 1997284,28019.253.15$14,020
Sep 1997304,35517.742.95$13,401
Aug 1997274,64817.862.55$12,357
Jul 1997244,92617.582.25$11,490
Jun 1997285,20817.242.26$12,238
May 1997265,32318.972.31$12,781
Apr 1997795,79617.882.08$13,484
Mar 1997546,34118.951.94$13,319
Feb 1997445,50620.492.21$13,047
Jan 1997295,49423.483.54$20,128
Dec 1996277,58723.32$630
Nov 1996307,85421.97$659
Oct 1996419,08623.31$956
Sep 1996569,97622.22$1,244
Aug 19966211,63820.26$1,256
Jul 19966714,21319.55$1,310
Jun 199611019,73218.73$2,060
May 19963011,09819.43$583

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                  297 Mcf  × $  3.05 =       $905

────────────────────────────────────────────────────
Month total                                   $1,330

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/158602 is the state's own key, not one this site invented.