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 158648District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$834 k
May 1996 – May 2026
Value, last 12 filed months
$3 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 Gas111996-07-18134932
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
CondensateDisposition2,393 bbl$60,544
GasProduction317,314 Mcf$773,865
Total$834,409

100,190 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 28.3644, -98.4588. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36437, -98.45880 · 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
10,538 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 10,538 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-311331845310,538 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 2026044106.413.05$134
Apr 202603598.932.87$100
Mar 202609889.753.15$309
Feb 202604263.503.75$158
Jan 2026019959.138.00$1,592
Dec 202509256.664.41$406
Nov 202507258.593.93$283
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202508463.933.01$253
Jul 20250066.743.32$0
Jun 202506366.483.13$197
May 2025018660.553.23$601
Apr 202502462.363.54$85
Mar 2025015567.704.27$662
Feb 202508070.884.34$347
Jan 202509474.324.28$402
Dec 2024033868.993.12$1,055
Nov 2024022369.052.20$490
Oct 2024018771.372.28$427
Sep 2024039269.612.36$927
Aug 2024032475.632.06$669
Jul 202408979.932.15$191
Jun 2024022378.082.63$587
May 2024035778.812.20$785
Apr 2024025584.451.66$423
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240673.023.30$20
Dec 2023011371.262.61$295
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202303789.042.74$101
Aug 2023038180.522.67$1,018
Jul 2023011474.852.64$301
Jun 202307568.962.26$169
May 202309070.622.23$200
Apr 202309378.122.24$208
Mar 2023012172.852.39$290
Feb 2023010975.112.47$269
Jan 2023014676.533.39$495
Dec 202207076.415.73$401
Nov 202207585.005.65$423
Oct 202205587.185.86$323
Sep 202206284.888.16$506
Aug 2022010494.529.13$949
Jul 2022091101.587.54$686
Jun 20220143115.097.98$1,141
May 20220100109.378.43$843
Apr 2022096104.226.84$656
Mar 2022094108.885.08$477
Feb 202207191.054.86$345
Jan 2022014481.844.54$653
Dec 202109371.323.90$363
Nov 202106877.435.24$356
Oct 202107879.795.71$446
Sep 202106569.865.35$348
Aug 202105866.024.22$245
Jul 202105370.783.98$211
Jun 2021011769.493.38$396
May 20210063.483.02$0
Apr 202104760.362.76$130
Mar 202107361.302.72$198
Feb 2021011657.805.55$644
Jan 202104450.412.81$124
Dec 202013744.642.68$144
Nov 202035138.772.71$254
Oct 202023536.972.48$161
Sep 2020320937.091.99$527
Aug 202011739.982.39$81
Jul 202018338.371.83$190
Jun 20200034.901.69$0
May 20200516.921.81$9
Apr 202001214.751.80$22
Mar 20200630.341.86$11
Feb 202003549.881.98$69
Jan 202001357.252.09$27
Dec 201902059.012.30$46
Nov 201903955.302.75$107
Oct 201904653.472.42$111
Sep 201905555.052.66$146
Aug 201903953.112.30$90
Jul 201906256.272.46$153
Jun 201906552.782.49$162
May 2019012858.482.74$351
Apr 201902862.632.75$77
Mar 201903556.803.06$107
Feb 201908950.852.79$249
Jan 201903646.033.23$116
Dec 201813846.594.19$206
Nov 201803752.934.24$157
Oct 2018222661.443.40$891
Sep 2018224259.543.11$871
Aug 2018226159.403.07$919
Jul 2018231865.142.93$1,063
Jun 2018327760.183.08$1,033
May 2018230465.382.90$1,013
Apr 2018230863.842.90$1,021
Mar 2018326561.222.79$922
Feb 2018220661.782.77$693
Jan 2018220962.874.01$964
Dec 2017219457.272.92$681
Nov 2017226255.423.12$928
Oct 2017321949.292.98$801
Sep 2017221347.523.09$753
Aug 2017217645.373.00$620
Jul 2017223643.873.09$816
Jun 2017118742.493.09$620
May 2017116645.373.26$587
Apr 2017118847.933.21$652
Mar 201704846.772.98$143
Feb 201704950.452.95$145
Jan 2017113749.413.42$518
Dec 2016118748.763.72$745
Nov 201607742.492.64$204
Oct 2016010746.193.09$331
Sep 20160441.553.10$12
Aug 2016012641.442.92$368
Jul 20160041.622.92$0
Jun 201604445.352.69$118
May 2016013542.521.99$269
Apr 2016016736.561.99$333
Mar 2016113033.011.79$266
Feb 2016330126.472.06$701
Jan 2016340627.352.36$1,042
Dec 2015314432.362.00$385
Nov 2015448038.792.17$1,195
Oct 2015229043.552.43$791
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201503156.152.88$89
May 201502455.212.96$71
Apr 201505949.822.71$160
Mar 201507542.892.93$220
Feb 2015111744.662.98$393
Jan 2015115643.433.10$527
Dec 2014017554.693.59$628
Nov 20140070.464.25$0
Oct 201415378.303.90$285
Sep 2014210586.164.05$597
Aug 201413289.394.04$219
Jul 201407896.564.18$326
Jun 2014114298.164.74$771
May 201407094.734.73$331
Apr 2014010295.944.81$491
Mar 2014011595.895.06$582
Feb 201407097.406.19$433
Jan 2014010290.404.86$496
Dec 201307491.824.35$322
Nov 201309188.853.74$340
Oct 201301797.423.78$64
Sep 2013010104.113.72$37
Aug 2013022104.253.52$78
Jul 2013041102.523.72$152
Jun 201301594.403.93$59
May 201303494.834.15$141
Apr 201302393.964.28$99
Mar 201302593.623.91$98
Feb 201301691.233.42$55
Jan 201304891.603.42$164
Dec 201204586.773.42$154
Nov 201204586.953.62$163
Oct 201204289.383.40$143
Sep 201204494.672.92$128
Aug 201204492.662.91$128
Jul 201204585.133.02$136
Jun 201206379.822.52$159
May 201205391.612.49$132
Apr 201200101.652.00$0
Mar 2012068105.052.22$151
Feb 2012063101.102.57$162
Jan 201205498.092.73$148
Dec 201107696.873.24$246
Nov 201107295.723.31$238
Oct 201106784.983.65$244
Sep 201109783.623.99$387
Aug 201106883.404.15$282
Jul 2011010694.144.52$479
Jun 201101692.904.64$74
May 201105198.134.40$225
Apr 2011058105.964.33$251
Mar 201105896.364.06$235
Feb 201106285.644.18$259
Jan 201117586.504.59$431
Dec 201018385.734.35$447
Nov 201019480.843.80$438
Oct 2010117178.103.51$678
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100972.554.74$43
Jun 201021,25470.364.91$6,298
May 2010455271.124.24$2,622
Apr 2010333881.694.12$1,639
Mar 2010321778.394.39$1,188
Feb 2010218873.585.44$1,170
Jan 2010114874.365.96$957
Dec 2009210471.445.48$713
Nov 200938674.593.75$546
Oct 200938672.544.11$571
Sep 2009215065.543.06$591
Aug 2009220167.423.22$782
Jul 2009121061.133.46$789
Jun 2009115666.163.90$674
May 2009220354.743.93$906
Apr 2009223946.773.59$951
Mar 2009230542.144.06$1,322
Feb 2009120532.814.63$983
Jan 2009121835.865.37$1,207
Dec 2008123637.105.98$1,448
Nov 2008125255.496.86$1,784
Oct 2008124575.246.92$1,771
Sep 20081364101.767.88$2,969
Aug 20081379114.228.48$3,329
Jul 20081380131.0811.39$4,459
Jun 20082372131.3313.03$5,111
May 20081353123.1711.57$4,209
Apr 20082362110.3110.45$4,005
Mar 20082374101.909.66$3,818
Feb 2008235492.538.77$3,290
Jan 2008247290.388.21$4,054
Dec 2007264688.337.30$4,894
Nov 2007270991.677.29$5,353
Oct 2007369182.856.92$5,032
Sep 2007264275.846.24$4,160
Aug 2007284269.066.39$5,517
Jul 2007277770.906.39$5,105
Jun 2007276962.007.55$5,929
May 2007386758.747.85$6,979
Apr 2007489759.617.81$7,240
Mar 200751,05256.927.30$7,966
Feb 200751,32055.108.22$11,121
Jan 200741,68350.306.73$11,522
Dec 200631,97056.656.92$13,799
Nov 200632,29254.207.62$17,622
Oct 2006455154.906.01$3,533
Sep 2006350860.085.04$2,739
Aug 2006344668.717.34$3,480
Jul 2006340669.376.34$2,783
Jun 2006344966.286.38$3,065
May 2006357066.016.42$3,860
Apr 2006351164.397.36$3,954
Mar 2006359356.707.08$4,370
Feb 2006346857.597.75$3,800
Jan 20061661460.598.93$6,455
Dec 20051741854.9413.42$6,542
Nov 20051035854.6910.59$4,338
Oct 2005229958.3413.80$4,242
Sep 2005232861.4512.08$4,085
Aug 2005133061.519.80$3,294
Jul 2005332255.697.84$2,693
Jun 2005334552.337.38$2,703
May 2005243745.226.65$2,997
Apr 2005132649.207.36$2,449
Mar 2005441350.377.15$3,156
Feb 2005336245.226.31$2,421
Jan 2005442243.166.32$2,841
Dec 2004442539.866.75$3,029
Nov 2004339345.286.33$2,624
Oct 2004229049.706.52$1,989
Sep 2004223143.245.28$1,307
Aug 2004234442.375.55$1,994
Jul 2004228438.286.08$1,804
Jun 2004228736.106.43$1,918
May 2004230637.486.49$2,062
Apr 2004226134.475.86$1,598
Mar 2004328834.365.53$1,696
Feb 2004330632.455.51$1,783
Jan 2004533232.036.30$2,252
Dec 2003433630.266.30$2,238
Nov 2003331428.804.60$1,529
Oct 2003229328.174.76$1,451
Sep 2003224026.314.75$1,192
Aug 2003225729.765.13$1,378
Jul 2003222229.415.17$1,207
Jun 2003221328.565.98$1,331
May 2003229526.595.97$1,815
Apr 2003234126.675.41$1,897
Mar 2003328831.146.10$1,849
Feb 2003330533.487.93$2,518
Jan 2003530530.315.58$1,854
Dec 2002637226.914.85$1,967
Nov 2002550224.664.14$2,200
Oct 2002345426.464.23$1,999
Sep 2002451627.443.64$1,986
Aug 20021054125.963.16$1,971
Jul 20021656724.583.06$2,129
Jun 2002357723.733.34$1,997
May 2002362824.663.58$2,325
Apr 2002359623.653.51$2,164
Mar 2002369322.003.10$2,216
Feb 2002342618.222.38$1,067
Jan 2002252017.172.38$1,270
Dec 2001359016.932.36$1,446
Nov 2001357518.072.41$1,437
Oct 2001363219.782.53$1,658
Sep 2001356524.262.25$1,345
Aug 2001254024.873.05$1,698
Jul 2001264323.933.20$2,104
Jun 2001260924.563.82$2,378
May 2001976325.524.31$3,516
Apr 2001866124.685.34$3,724
Mar 20011183124.545.38$4,738
Feb 20011067727.755.77$4,182
Jan 20011386827.478.40$7,647
Dec 20001185026.889.12$8,050
Nov 20001199532.215.66$5,984
Oct 20001082031.235.15$4,532
Sep 20001091931.875.19$5,085
Aug 20001093429.644.54$4,537
Jul 20001094328.534.09$4,142
Jun 20002390229.304.40$4,640
May 2000311,09427.263.68$4,871
Apr 2000141,06124.513.12$3,649
Mar 2000171,14828.422.86$3,766
Feb 200081,16527.622.73$3,397
Jan 2000111,27625.272.48$3,443
Dec 1999181,24224.282.42$3,447
Nov 1999191,20223.192.43$3,366
Oct 1999141,43720.982.80$4,323
Sep 1999141,44221.752.62$4,081
Aug 1999131,71119.262.88$5,171
Jul 1999151,50417.892.37$3,836
Jun 1999161,51615.942.36$3,836
May 1999161,92315.792.32$4,716
Apr 199981,57515.102.21$3,598
Mar 199971,54412.471.84$2,926
Feb 199971,6389.981.82$3,047
Jan 199991,95710.381.90$3,812
Dec 199871,9689.201.77$3,554
Nov 199892,26110.892.19$5,040
Oct 199882,39012.421.97$4,806
Sep 1998182,90512.592.08$6,277
Aug 1998203,04311.301.91$6,030
Jul 1998213,04011.742.24$7,048
Jun 1998233,23011.242.24$7,485
May 1998263,70712.622.21$8,507
Apr 1998273,68313.042.51$9,579
Mar 1998254,03312.802.31$9,634
Feb 1998243,63813.952.30$8,699
Jan 1998284,36414.702.15$9,815
Dec 1997254,61716.322.41$11,540
Nov 1997244,91618.193.09$15,618
Oct 1997265,46119.253.15$17,702
Sep 1997275,78617.742.95$17,576
Aug 1997226,42617.862.55$16,810
Jul 1997247,00017.582.25$16,151
Jun 1997257,57717.242.26$17,534
May 19975410,57418.972.31$25,434
Apr 1997354717.882.08$1,193
Mar 1997466,08518.951.94$12,671
Feb 1997556,98620.492.21$16,537
Jan 19972887,93323.483.54$34,843
Dec 1996359,80723.32$816
Nov 1996508,00621.97$1,099
Oct 1996709,10723.31$1,632
Sep 19968010,18222.22$1,778
Aug 199610612,92920.26$2,148
Jul 199613815,73219.55$2,698
Jun 199620620,13918.73$3,858
May 19966614,28819.43$1,282

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                   44 Mcf  × $  3.05 =       $134

────────────────────────────────────────────────────
Month total                                     $134

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/158648 is the state's own key, not one this site invented.