SBR "B"

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 158721District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
May 1996 – May 2026
Value, last 12 filed months
$2 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 Gas111996-07-18135029
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
CondensateDisposition10,126 bbl$205,928
GasProduction325,744 Mcf$853,927
Total$1,059,855

73,207 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, -98.4927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38208, -98.49272 · 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
9,994 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 9,994 ft.

1 well

42-31133182569,994 ft

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 2026066106.413.05$201
Apr 202604598.932.87$129
Mar 202607289.753.15$227
Feb 202606363.503.75$236
Jan 202604459.138.00$352
Dec 2025011956.664.41$525
Nov 202507858.593.93$306
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202504366.483.13$135
May 202503760.553.23$120
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202406069.612.36$142
Aug 2024031475.632.06$648
Jul 2024021479.932.15$459
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202305480.522.67$144
Jul 20230074.852.64$0
Jun 202301868.962.26$41
May 202303570.622.23$78
Apr 202308778.122.24$195
Mar 202301772.852.39$41
Feb 202304175.112.47$101
Jan 202304876.533.39$163
Dec 202202976.415.73$166
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202204884.888.16$392
Aug 2022011994.529.13$1,086
Jul 2022028101.587.54$211
Jun 2022524115.097.98$767
May 202200109.378.43$0
Apr 2022024104.226.84$164
Mar 20220142108.885.08$721
Feb 202207791.054.86$374
Jan 2022026781.844.54$1,212
Dec 2021015571.323.90$604
Nov 202109477.435.24$492
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 202001837.091.99$36
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200616.921.81$11
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019031159.012.30$717
Nov 201901255.302.75$33
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201901253.112.30$28
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 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
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 20150840.162.87$23
Jul 201504848.152.95$141
Jun 201507756.152.88$222
May 2015017055.212.96$502
Apr 201502649.822.71$70
Mar 2015016542.892.93$484
Feb 201507144.662.98$211
Jan 201506343.433.10$195
Dec 2014018454.693.59$661
Nov 20140170.464.25$4
Oct 20140078.303.90$0
Sep 201402786.164.05$109
Aug 20140489.394.04$16
Jul 201401196.564.18$46
Jun 20140098.164.74$0
May 2014011194.734.73$525
Apr 201409195.944.81$438
Mar 201406595.895.06$329
Feb 201409397.406.19$576
Jan 201404090.404.86$194
Dec 201303191.824.35$135
Nov 201303488.853.74$127
Oct 201305897.423.78$219
Sep 2013032104.113.72$119
Aug 2013066104.253.52$232
Jul 2013096102.523.72$357
Jun 201306194.403.93$240
May 201308894.834.15$365
Apr 2013011793.964.28$501
Mar 2013110793.623.91$512
Feb 2013010391.233.42$352
Jan 201309891.603.42$335
Dec 2012012986.773.42$441
Nov 2012010386.953.62$373
Oct 2012010689.383.40$360
Sep 2012010794.672.92$312
Aug 201205292.662.91$151
Jul 2012015285.133.02$459
Jun 2012014779.822.52$370
May 2012010991.612.49$271
Apr 20121186101.652.00$473
Mar 20120153105.052.22$340
Feb 20120164101.102.57$422
Jan 2012119898.092.73$639
Dec 2011013196.873.24$424
Nov 2011015295.723.31$503
Oct 2011014784.983.65$536
Sep 2011019883.623.99$789
Aug 2011011483.404.15$473
Jul 2011117394.144.52$876
Jun 2011016092.904.64$742
May 201107998.134.40$348
Apr 20110154105.964.33$667
Mar 2011016896.364.06$682
Feb 2011019585.644.18$815
Jan 2011156886.504.59$2,693
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010018678.103.51$653
Sep 201009372.633.98$370
Aug 201001373.684.42$57
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 200901772.544.11$70
Sep 200907465.543.06$227
Aug 2009015967.423.22$512
Jul 2009018061.133.46$624
Jun 2009016166.163.90$627
May 2009018554.743.93$726
Apr 2009016446.773.59$588
Mar 2009020942.144.06$848
Feb 2009013932.814.63$644
Jan 2009016235.865.37$870
Dec 2008017737.105.98$1,058
Nov 2008024855.496.86$1,701
Oct 2008014975.246.92$1,031
Sep 20080105101.767.88$827
Aug 20080150114.228.48$1,272
Jul 20080230131.0811.39$2,620
Jun 20080193131.3313.03$2,515
May 20080240123.1711.57$2,778
Apr 20080249110.3110.45$2,603
Mar 20080276101.909.66$2,667
Feb 2008023692.538.77$2,070
Jan 2008020390.388.21$1,666
Dec 2007023788.337.30$1,731
Nov 2007022791.677.29$1,655
Oct 2007026282.856.92$1,814
Sep 2007023875.846.24$1,486
Aug 200701869.066.39$115
Jul 2007024870.906.39$1,584
Jun 2007028262.007.55$2,129
May 2007025958.747.85$2,032
Apr 2007026859.617.81$2,092
Mar 2007129256.927.30$2,189
Feb 2007122355.108.22$1,887
Jan 2007325750.306.73$1,880
Dec 2006228756.656.92$2,099
Nov 2006120554.207.62$1,616
Oct 2006131054.906.01$1,919
Sep 2006128760.085.04$1,506
Aug 2006230268.717.34$2,354
Jul 2006123369.376.34$1,547
Jun 2006229566.286.38$2,016
May 2006232366.016.42$2,207
Apr 2006233764.397.36$2,609
Mar 2006236556.707.08$2,699
Feb 2006131457.597.75$2,491
Jan 2006135860.598.93$3,259
Dec 2005131654.9413.42$4,294
Nov 2005125954.6910.59$2,797
Oct 2005834958.3413.80$5,281
Sep 2005105461.4512.08$1,267
Aug 2005321,31261.519.80$14,822
Jul 2005471,57755.697.84$14,987
Jun 2005501,74852.337.38$15,519
May 2005391,97245.226.65$14,880
Apr 200581,88249.207.36$14,246
Mar 2005112,10950.377.15$15,644
Feb 2005111,83345.226.31$12,067
Jan 200531,26543.166.32$8,127
Dec 200421,09739.866.75$7,486
Nov 200421,45945.286.33$9,327
Oct 200421,21249.706.52$7,996
Sep 2004294943.245.28$5,101
Aug 200411,08442.375.55$6,059
Jul 2004258838.286.08$3,654
Jun 2004237936.106.43$2,510
May 2004241937.486.49$2,796
Apr 2004238734.475.86$2,336
Mar 2004340734.365.53$2,354
Feb 2004343932.455.51$2,516
Jan 2004555332.036.30$3,644
Dec 2003453430.266.30$3,486
Nov 2003251728.804.60$2,433
Oct 2003247728.174.76$2,327
Sep 2003245526.314.75$2,214
Aug 2003244529.765.13$2,342
Jul 2003245229.415.17$2,396
Jun 2003239128.565.98$2,396
May 2003449426.595.97$3,057
Apr 20031347326.675.41$2,904
Mar 20031750231.146.10$3,590
Feb 20031245633.487.93$4,016
Jan 2003454630.315.58$3,169
Dec 2002351726.914.85$2,590
Nov 2002457524.664.14$2,477
Oct 2002556526.464.23$2,522
Sep 2002250527.443.64$1,891
Aug 2002250625.963.16$1,653
Jul 2002366824.583.06$2,119
Jun 2002476623.733.34$2,652
May 2002584224.663.58$3,141
Apr 20021858123.653.51$2,466
Mar 20022962622.003.10$2,580
Feb 20024263018.222.38$2,262
Jan 2002377017.172.38$1,881
Dec 2001372516.932.36$1,765
Nov 20014795118.072.41$3,137
Oct 2001251819.782.53$1,350
Sep 20014369624.262.25$2,610
Aug 20013481424.873.05$3,331
Jul 2001481323.933.20$2,695
Jun 20013689124.563.82$4,291
May 2001261,13325.524.31$5,544
Apr 2001511,13024.685.34$7,288
Mar 20013431,88124.545.38$18,530
Feb 2001181,15027.755.77$7,132
Jan 2001261,01327.478.40$9,222
Dec 20002493426.889.12$9,166
Nov 20001697532.215.66$6,032
Oct 200061,05731.235.15$5,626
Sep 200091,64231.875.19$8,803
Aug 2000191,63229.644.54$7,974
Jul 2000411,27528.534.09$6,384
Jun 2000411,49729.304.40$7,784
May 2000171,47327.263.68$5,884
Apr 2000321,53224.513.12$5,558
Mar 2000331,67628.422.86$5,731
Feb 2000121,73827.622.73$5,070
Jan 2000301,76525.272.48$5,136
Dec 1999371,62124.282.42$4,827
Nov 1999301,33823.192.43$3,952
Oct 1999201,71820.982.80$5,236
Sep 1999121,82821.752.62$5,048
Aug 1999142,15819.262.88$6,475
Jul 19991262,21817.892.37$7,516
Jun 19991042,10215.942.36$6,623
May 1999472,27415.792.32$6,020
Apr 1999443,02815.102.21$7,350
Mar 1999743,50812.471.84$7,372
Feb 1999503,5859.981.82$7,016
Jan 1999864,01810.381.90$8,527
Dec 19981004,1669.201.77$8,308
Nov 1998954,43510.892.19$10,728
Oct 1998864,76312.421.97$10,447
Sep 19981114,43012.592.08$10,624
Aug 1998351,78011.301.91$3,791
Jul 1998371,79711.742.24$4,455
Jun 1998622,88211.242.24$7,145
May 19981145,13212.622.21$12,762
Apr 19982125,09813.042.51$15,537
Mar 19982065,31312.802.31$14,907
Feb 19982274,89813.952.30$14,428
Jan 19982645,68814.702.15$16,137
Dec 19972405,79216.322.41$17,882
Nov 19971975,98818.193.09$22,076
Oct 19972146,32119.253.15$24,030
Sep 19972516,42117.742.95$23,426
Aug 19971426,69417.862.55$19,638
Jul 19972386,89917.582.25$19,686
Jun 19972757,16717.242.26$20,918
May 19972697,74618.972.31$22,985
Apr 19972968,21117.882.08$22,394
Mar 19973398,76118.951.94$23,413
Feb 19972528,06920.492.21$22,963
Jan 19975629,40023.483.54$46,469
Dec 199653510,02723.32$12,476
Nov 199653810,83421.97$11,820
Oct 199649110,66723.31$11,445
Sep 19964259,74122.22$9,444
Aug 19963899,57320.26$7,881
Jul 199638610,40919.55$7,546
Jun 199650011,62918.73$9,365
May 19961332719.43$253

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                   66 Mcf  × $  3.05 =       $201

────────────────────────────────────────────────────
Month total                                     $201

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/158721 is the state's own key, not one this site invented.