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 158647District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
May 1996 – May 2026
Value, last 12 filed months
$12 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 Gas111996-07-18134929
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
CondensateDisposition4,453 bbl$114,067
GasProduction347,259 Mcf$1,057,424
Total$1,171,491

75,863 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 28.3821, -98.4521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38210, -98.45210 · 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
10,545 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 10,545 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-311331734610,545 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 20260433106.413.05$1,319
Apr 2026023298.932.87$666
Mar 2026036089.753.15$1,134
Feb 2026033163.503.75$1,241
Jan 2026036959.138.00$2,951
Dec 2025039456.664.41$1,739
Nov 2025012958.593.93$507
Oct 2025027659.383.30$912
Sep 2025022662.743.08$695
Aug 202507163.933.01$214
Jul 20250066.743.32$0
Jun 2025018666.483.13$582
May 2025018060.553.23$582
Apr 202504262.363.54$149
Mar 2025010667.704.27$452
Feb 2025038670.884.34$1,676
Jan 2025026974.324.28$1,151
Dec 2024035768.993.12$1,114
Nov 2024028469.052.20$624
Oct 2024051771.372.28$1,179
Sep 2024015369.612.36$362
Aug 2024034375.632.06$708
Jul 2024031179.932.15$668
Jun 20240078.082.63$0
May 2024062178.812.20$1,365
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401173.023.30$36
Dec 2023057671.262.61$1,504
Nov 2023073677.892.81$2,066
Oct 20230085.443.09$0
Sep 202303089.042.74$82
Aug 2023053280.522.67$1,422
Jul 2023011274.852.64$296
Jun 2023013368.962.26$300
May 202309870.622.23$218
Apr 20230078.122.24$0
Mar 2023012872.852.39$306
Feb 2023013975.112.47$343
Jan 2023025176.533.39$850
Dec 2022035676.415.73$2,040
Nov 2022028885.005.65$1,626
Oct 2022022087.185.86$1,290
Sep 2022028184.888.16$2,294
Aug 2022018294.529.13$1,661
Jul 20220345101.587.54$2,602
Jun 20220378115.097.98$3,015
May 20220261109.378.43$2,201
Apr 20220376104.226.84$2,571
Mar 20220212108.885.08$1,076
Feb 2022017391.054.86$841
Jan 2022015681.844.54$708
Dec 2021013571.323.90$526
Nov 202106377.435.24$330
Oct 2021021279.795.71$1,211
Sep 2021016069.865.35$856
Aug 202107966.024.22$333
Jul 202103970.783.98$155
Jun 2021010569.493.38$355
May 202106363.483.02$190
Apr 2021015660.362.76$430
Mar 2021021161.302.72$573
Feb 202107957.805.55$438
Jan 2021024150.412.81$677
Dec 20200244.642.68$5
Nov 202001538.772.71$41
Oct 20200236.972.48$5
Sep 202003937.091.99$78
Aug 202003339.982.39$79
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202001116.921.81$20
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 20190555.302.75$14
Oct 201902953.472.42$70
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201901358.482.74$36
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190950.852.79$25
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 20180865.142.93$23
Jun 201802060.183.08$62
May 201803865.382.90$110
Apr 201806463.842.90$186
Mar 201803761.222.79$103
Feb 201804861.782.77$133
Jan 201806162.874.01$245
Dec 201707757.272.92$225
Nov 201703255.423.12$100
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 201601746.193.09$53
Sep 201604841.553.10$149
Aug 201605041.442.92$146
Jul 201603241.622.92$94
Jun 201605045.352.69$134
May 201603542.521.99$70
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 20150144.662.98$3
Jan 20150743.433.10$22
Dec 201401254.693.59$43
Nov 20140570.464.25$21
Oct 201401278.303.90$47
Sep 201402486.164.05$97
Aug 201402489.394.04$97
Jul 201405196.564.18$213
Jun 201406398.164.74$298
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140195.895.06$5
Feb 201417197.406.19$537
Jan 2014229590.404.86$1,615
Dec 2013224291.824.35$1,237
Nov 2013121888.853.74$904
Oct 2013222797.423.78$1,053
Sep 20131201104.113.72$851
Aug 20131185104.253.52$756
Jul 2013022102.523.72$82
Jun 20130394.403.93$12
May 201301894.834.15$75
Apr 201301793.964.28$73
Mar 20130093.623.91$0
Feb 201301491.233.42$48
Jan 20130091.603.42$0
Dec 201201986.773.42$65
Nov 201214286.953.62$239
Oct 201216489.383.40$307
Sep 201203194.672.92$90
Aug 201201692.662.91$47
Jul 20120585.133.02$15
Jun 20120079.822.52$0
May 201219991.612.49$338
Apr 20122146101.652.00$495
Mar 20123324105.052.22$1,035
Feb 20124380101.102.57$1,381
Jan 2012039798.092.73$1,085
Dec 2011038596.873.24$1,247
Nov 2011039095.723.31$1,291
Oct 2011040484.983.65$1,474
Sep 201106483.623.99$255
Aug 20110083.404.15$0
Jul 2011041094.144.52$1,852
Jun 201102092.904.64$93
May 2011411898.134.40$912
Apr 20115124105.964.33$1,067
Mar 2011615296.364.06$1,195
Feb 2011516985.644.18$1,135
Jan 2011616786.504.59$1,285
Dec 2010114285.734.35$703
Nov 2010111580.843.80$517
Oct 2010112978.103.51$531
Sep 201018772.633.98$419
Aug 2010112873.684.42$639
Jul 2010111372.554.74$608
Jun 2010111170.364.91$615
May 201019071.124.24$452
Apr 2010111781.694.12$564
Mar 201003978.394.39$171
Feb 20100573.585.44$27
Jan 20100074.365.96$0
Dec 20090871.445.48$44
Nov 2009010474.593.75$390
Oct 2009010972.544.11$448
Sep 2009017265.543.06$527
Aug 2009019767.423.22$634
Jul 2009019161.133.46$662
Jun 2009019866.163.90$771
May 2009019854.743.93$777
Apr 2009018446.773.59$660
Mar 2009015542.144.06$629
Feb 2009010432.814.63$482
Jan 2009011935.865.37$639
Dec 2008011937.105.98$711
Nov 2008010655.496.86$727
Oct 2008013475.246.92$928
Sep 20080177101.767.88$1,394
Aug 20080165114.228.48$1,400
Jul 20080151131.0811.39$1,720
Jun 20080138131.3313.03$1,799
May 20080115123.1711.57$1,331
Apr 2008097110.3110.45$1,014
Mar 20080115101.909.66$1,111
Feb 2008011192.538.77$974
Jan 2008012790.388.21$1,042
Dec 2007019688.337.30$1,431
Nov 2007029891.677.29$2,173
Oct 2007024582.856.92$1,696
Sep 2007019575.846.24$1,218
Aug 2007020169.066.39$1,284
Jul 2007024370.906.39$1,552
Jun 2007525262.007.55$2,212
May 20072371658.747.85$6,969
Apr 20074462759.617.81$7,517
Mar 20075873556.927.30$8,668
Feb 20076193055.108.22$11,002
Jan 2007392,10650.306.73$16,128
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060460.085.04$20
Aug 200619068.717.34$729
Jul 2006370869.376.34$4,699
Jun 2006359366.286.38$3,984
May 2006572766.016.42$5,001
Apr 2006378464.397.36$5,964
Mar 2006286356.707.08$6,226
Feb 2006274857.597.75$5,913
Jan 2006281560.598.93$7,402
Dec 2005266754.9413.42$9,058
Nov 2005256254.6910.59$6,060
Oct 2005571058.3413.80$10,087
Sep 2005677861.4512.08$9,766
Aug 2005685861.519.80$8,775
Jul 200581,01555.697.84$8,407
Jun 200591,09052.337.38$8,516
May 200591,21745.226.65$8,501
Apr 200551,30549.207.36$9,851
Mar 200561,47250.377.15$10,834
Feb 200561,34845.226.31$8,780
Jan 200541,57943.166.32$10,155
Dec 200421,36439.866.75$9,288
Nov 200431,53345.286.33$9,840
Oct 200431,56249.706.52$10,326
Sep 200431,42943.245.28$7,680
Aug 200421,56942.375.55$8,794
Jul 2004291,54738.286.08$10,522
Jun 2004611,37536.106.43$11,048
May 2004701,39637.486.49$11,690
Apr 2004491,39634.475.86$9,867
Mar 2004191,29034.365.53$7,787
Feb 2004161,15532.455.51$6,883
Jan 2004311,36332.036.30$9,579
Dec 2003311,50830.266.30$10,441
Nov 2003211,32528.804.60$6,693
Oct 2003181,41428.174.76$7,237
Sep 2003131,44626.314.75$7,210
Aug 2003201,44329.765.13$7,997
Jul 2003711,56529.415.17$10,180
Jun 20031041,44328.565.98$11,604
May 2003871,52326.595.97$11,410
Apr 2003531,78426.675.41$11,060
Mar 2003221,82731.146.10$11,823
Feb 2003201,72033.487.93$14,302
Jan 2003271,76330.315.58$10,660
Dec 2002291,84126.914.85$9,716
Nov 2002292,34524.664.14$10,416
Oct 2002342,22726.464.23$10,318
Sep 2002342,21627.443.64$8,989
Aug 2002242,36425.963.16$8,103
Jul 2002852,82624.583.06$10,742
Jun 20021462,80023.733.34$12,812
May 200292,98024.663.58$10,902
Apr 2002193,33023.653.51$12,145
Mar 2002233,49222.003.10$11,341
Feb 2002272,67218.222.38$6,840
Jan 2002353,43917.172.38$8,771
Dec 2001363,70616.932.36$9,372
Nov 2001344,03818.072.41$10,328
Oct 2001444,31819.782.53$11,790
Sep 2001354,53524.262.25$11,059
Aug 2001325,23224.873.05$16,770
Jul 2001186,15023.933.20$20,093
Jun 2001127,71724.563.82$29,806
May 200173,07325.524.31$13,415
Apr 2001396224.685.34$5,207
Mar 2001261,13024.545.38$6,713
Feb 2001131,00327.755.77$6,145
Jan 200131,06427.478.40$9,019
Dec 200031,47326.889.12$13,518
Nov 200021,14432.215.66$6,537
Oct 2000361,14331.235.15$7,006
Sep 2000231,33531.875.19$7,657
Aug 2000431,57729.644.54$8,435
Jul 2000411,27428.534.09$6,380
Jun 2000241,21729.304.40$6,055
May 2000241,20027.263.68$5,070
Apr 2000271,24324.513.12$4,535
Mar 2000251,30528.422.86$4,442
Feb 2000171,16027.622.73$3,632
Jan 2000211,42325.272.48$4,060
Dec 1999181,36024.282.42$3,733
Nov 1999171,25723.192.43$3,454
Oct 1999281,41420.982.80$4,552
Sep 1999271,66721.752.62$4,953
Aug 1999261,57819.262.88$5,038
Jul 1999451,63817.892.37$4,691
Jun 1999621,60415.942.36$4,777
May 1999601,73115.792.32$4,965
Apr 1999631,83815.102.21$5,010
Mar 1999541,93912.471.84$4,238
Feb 1999311,7369.981.82$3,465
Jan 1999232,04710.381.90$4,128
Dec 1998282,0329.201.77$3,861
Nov 1998221,93310.892.19$4,465
Oct 1998202,05212.421.97$4,289
Sep 1998202,30212.592.08$5,046
Aug 1998212,37511.301.91$4,767
Jul 1998232,59911.742.24$6,085
Jun 1998212,28711.242.24$5,353
May 1998221,42412.622.21$3,419
Apr 1998492,24513.042.51$6,263
Mar 1998522,79512.802.31$7,120
Feb 1998522,53413.952.30$6,551
Jan 1998612,93114.702.15$7,212
Dec 1997492,99016.322.41$8,009
Nov 1997413,09718.193.09$10,310
Oct 1997523,33419.253.15$11,503
Sep 1997553,41217.742.95$11,058
Aug 1997353,60717.862.55$9,840
Jul 1997363,69817.582.25$8,942
Jun 1997493,78717.242.26$9,393
May 1997713,91018.972.31$10,373
Apr 1997744,56917.882.08$10,839
Mar 19971034,99018.951.94$11,628
Feb 1997944,78620.492.21$12,484
Jan 19971195,65023.483.54$22,793
Dec 19961036,25323.32$2,402
Nov 19961226,64921.97$2,680
Oct 1996927,32323.31$2,145
Sep 1996508,15322.22$1,111
Aug 1996559,55820.26$1,114
Jul 19965610,72419.55$1,095
Jun 19966711,00418.73$1,255
May 19969116,19919.43$1,768

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                  433 Mcf  × $  3.05 =     $1,319

────────────────────────────────────────────────────
Month total                                   $1,319

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/158647 is the state's own key, not one this site invented.