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 158729District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jun 1996 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
360
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 Gas111996-08-13135073
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
CondensateDisposition7,644 bbl$217,086
GasProduction416,540 Mcf$1,292,548
Total$1,509,634

106,181 Mcf of this lease's gas, across 7 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 28.3455, -98.4872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34550, -98.48716 · 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
10,408 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 10,408 ft.

Completions filed
Jun 1996
1 of 1 wells

1 well

42-311331906010,408 ftJun 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 (360)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

360 months

May 20261120106.413.05$472
Apr 2026125898.932.87$839
Mar 2026127489.753.15$953
Feb 2026029663.503.75$1,110
Jan 20260059.138.00$0
Dec 2025133456.664.41$1,531
Nov 2025068758.593.93$2,697
Oct 202507259.383.30$238
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202504066.483.13$125
May 202506660.553.23$213
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025125970.884.34$1,195
Jan 2025013774.324.28$586
Dec 2024125768.993.12$871
Nov 2024136769.052.20$876
Oct 2024011971.372.28$271
Sep 2024036069.612.36$851
Aug 2024140275.632.06$905
Jul 2024133879.932.15$805
Jun 2024053178.082.63$1,399
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401973.023.30$63
Dec 2023134571.262.61$972
Nov 2023019377.892.81$542
Oct 20230085.443.09$0
Sep 202308589.042.74$232
Aug 20230480.522.67$11
Jul 202309974.852.64$262
Jun 202306868.962.26$154
May 2023016470.622.23$365
Apr 2023016178.122.24$360
Mar 2023012372.852.39$294
Feb 2023010675.112.47$261
Jan 202309276.533.39$312
Dec 2022010076.415.73$573
Nov 202207685.005.65$429
Oct 202208687.185.86$504
Sep 2022011384.888.16$923
Aug 202207494.529.13$675
Jul 2022065101.587.54$490
Jun 20220126115.097.98$1,005
May 20220124109.378.43$1,046
Apr 20220178104.226.84$1,217
Mar 20220156108.885.08$792
Feb 2022011191.054.86$539
Jan 2022012481.844.54$563
Dec 2021013071.323.90$507
Nov 2021015477.435.24$806
Oct 2021024179.795.71$1,377
Sep 2021014469.865.35$771
Aug 2021030066.024.22$1,266
Jul 2021022770.783.98$904
Jun 2021032269.493.38$1,089
May 2021019263.483.02$579
Apr 2021028760.362.76$792
Mar 2021033261.302.72$902
Feb 2021031357.805.55$1,737
Jan 2021030150.412.81$846
Dec 2020036444.642.68$974
Nov 2020131438.772.71$889
Oct 2020137836.972.48$974
Sep 2020026237.091.99$522
Aug 2020039739.982.39$947
Jul 2020027038.371.83$493
Jun 20200034.901.69$0
May 202003016.921.81$54
Apr 202002414.751.80$43
Mar 20200230.341.86$4
Feb 202001649.881.98$32
Jan 202001257.252.09$25
Dec 201906859.012.30$157
Nov 2019032855.302.75$902
Oct 2019231153.472.42$859
Sep 2019139855.052.66$1,113
Aug 2019145153.112.30$1,092
Jul 2019187456.272.46$2,206
Jun 2019288552.782.49$2,310
May 201921,30558.482.74$3,693
Apr 2019055062.632.75$1,513
Mar 201907756.803.06$236
Feb 2019020050.852.79$558
Jan 2019015046.033.23$484
Dec 2018017446.594.19$728
Nov 2018020752.934.24$877
Oct 2018022161.443.40$751
Sep 2018014959.543.11$463
Aug 201807059.403.07$215
Jul 2018013165.142.93$384
Jun 201805360.183.08$163
May 201806565.382.90$189
Apr 2018026763.842.90$775
Mar 201805661.222.79$156
Feb 2018022561.782.77$622
Jan 2018023962.874.01$958
Dec 201704357.272.92$126
Nov 2017012755.423.12$396
Oct 2017017449.292.98$519
Sep 2017025347.523.09$781
Aug 2017024545.373.00$736
Jul 201702843.873.09$86
Jun 2017011342.493.09$349
May 201708745.373.26$284
Apr 2017036447.933.21$1,169
Mar 2017043746.772.98$1,304
Feb 2017087950.452.95$2,595
Jan 201705849.413.42$198
Dec 20160548.763.72$19
Nov 20160042.492.64$0
Oct 20160446.193.09$12
Sep 201603441.553.10$105
Aug 20160141.442.92$3
Jul 201606941.622.92$202
Jun 201613845.352.69$147
May 201645042.521.99$270
Apr 2016827436.561.99$838
Mar 20161149233.011.79$1,246
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 20150540.162.87$14
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20151055.212.96$55
Apr 201572749.822.71$422
Mar 20151712542.892.93$1,096
Feb 20152537344.662.98$2,227
Jan 20154645043.433.10$3,393
Dec 20144739154.693.59$3,975
Nov 20144535270.464.25$4,667
Oct 20145249178.303.90$5,987
Sep 20142534186.164.05$3,534
Aug 20145952289.394.04$7,380
Jul 20143045096.564.18$4,778
Jun 2014148098.164.74$2,372
May 2014149794.734.73$2,444
Apr 2014143095.944.81$2,164
Mar 2014151195.895.06$2,680
Feb 2014157997.406.19$3,683
Jan 2014158990.404.86$2,953
Dec 2013028891.824.35$1,254
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20130232104.113.72$863
Aug 20131352104.253.52$1,344
Jul 20131358102.523.72$1,433
Jun 2013133594.403.93$1,412
May 2013132294.834.15$1,431
Apr 2013143993.964.28$1,974
Mar 2013146593.623.91$1,913
Feb 2013143091.233.42$1,562
Jan 2013145291.603.42$1,637
Dec 2012157686.773.42$2,057
Nov 2012130586.953.62$1,193
Oct 2012157389.383.40$2,037
Sep 2012160094.672.92$1,846
Aug 2012159092.662.91$1,808
Jul 2012158985.133.02$1,864
Jun 2012159979.822.52$1,589
May 2012165391.612.49$1,716
Apr 20121637101.652.00$1,374
Mar 20121666105.052.22$1,585
Feb 20121629101.102.57$1,718
Jan 2012166798.092.73$1,922
Dec 2011169096.873.24$2,332
Nov 2011160395.723.31$2,092
Oct 2011166184.983.65$2,497
Sep 2011166883.623.99$2,746
Aug 2011169583.404.15$2,967
Jul 2011171094.144.52$3,301
Jun 2011147892.904.64$2,311
May 2011153998.134.40$2,472
Apr 20111661105.964.33$2,970
Mar 2011167896.364.06$2,847
Feb 2011463085.644.18$2,976
Jan 2011279986.504.59$3,839
Dec 2010269485.734.35$3,189
Nov 2010277780.843.80$3,111
Oct 2010283078.103.51$3,069
Sep 2010276472.633.98$3,186
Aug 2010280973.684.42$3,723
Jul 2010179672.554.74$3,843
Jun 2010181670.364.91$4,077
May 2010168671.124.24$2,976
Apr 2010170781.694.12$2,996
Mar 2010167078.394.39$3,019
Feb 2010160073.585.44$3,339
Jan 2010156074.365.96$3,414
Dec 2009261971.445.48$3,537
Nov 2009258074.593.75$2,325
Oct 2009256672.544.11$2,471
Sep 2009262565.543.06$2,047
Aug 2009264267.423.22$2,201
Jul 2009265161.133.46$2,378
Jun 2009262866.163.90$2,578
May 2009267354.743.93$2,752
Apr 2009359546.773.59$2,275
Mar 2009176142.144.06$3,131
Feb 2009156232.814.63$2,637
Jan 2009164135.865.37$3,479
Dec 2008068137.105.98$4,070
Nov 2008081955.496.86$5,619
Oct 2008083075.246.92$5,745
Sep 20080433101.767.88$3,411
Aug 200800114.228.48$0
Jul 20080411131.0811.39$4,681
Jun 20080517131.3313.03$6,738
May 20080744123.1711.57$8,611
Apr 20080737110.3110.45$7,705
Mar 20080631101.909.66$6,098
Feb 2008068792.538.77$6,025
Jan 2008038790.388.21$3,176
Dec 2007030488.337.30$2,220
Nov 2007153391.677.29$3,978
Oct 2007491582.856.92$6,665
Sep 2007483275.846.24$5,499
Aug 200756369.066.39$748
Jul 2007772370.906.39$5,115
Jun 2007685962.007.55$6,856
May 2007995058.747.85$7,983
Apr 20072282659.617.81$7,759
Mar 2007271,05756.927.30$9,255
Feb 20072987155.108.22$8,754
Jan 2007321,02550.306.73$8,505
Dec 2006411,18756.656.92$10,535
Nov 20064793554.207.62$9,670
Oct 2006421,59454.906.01$11,892
Sep 2006141,44360.085.04$8,110
Aug 20061377468.717.34$6,574
Jul 2006161,14269.376.34$8,353
Jun 2006241,13066.286.38$8,805
May 2006281,25166.016.42$9,886
Apr 2006201,22964.397.36$10,334
Mar 2006171,34656.707.08$10,498
Feb 2006121,13157.597.75$9,458
Jan 2006141,43460.598.93$13,659
Dec 2005121,19254.9413.42$16,650
Nov 20051153354.6910.59$6,245
Oct 20052980558.3413.80$12,797
Sep 20054279861.4512.08$12,220
Aug 20052880361.519.80$9,589
Jul 2005211,07655.697.84$9,609
Jun 2005211,07252.337.38$9,011
May 2005211,21845.226.65$9,051
Apr 2005141,12049.207.36$8,933
Mar 2005161,14450.377.15$8,991
Feb 2005171,00745.226.31$7,125
Jan 2005141,15643.166.32$7,913
Dec 2004151,15239.866.75$8,375
Nov 200491,18445.286.33$7,903
Oct 200491,22849.706.52$8,448
Sep 2004111,10043.245.28$6,288
Aug 200461,16642.375.55$6,726
Jul 200471,14738.286.08$7,247
Jun 2004697536.106.43$6,489
May 20041089537.486.49$6,187
Apr 20041690734.475.86$5,865
Mar 20043083034.365.53$5,621
Feb 20042982432.455.51$5,481
Jan 20044998532.036.30$7,775
Dec 2003371,04230.266.30$7,686
Nov 20032698128.804.60$5,257
Oct 2003281,00728.174.76$5,582
Sep 20032381226.314.75$4,462
Aug 20032789029.765.13$5,369
Jul 20031186929.415.17$4,817
Jun 20031195528.565.98$6,028
May 2003121,15426.595.97$7,212
Apr 2003251,13926.675.41$6,826
Mar 2003331,11131.146.10$7,800
Feb 20032699533.487.93$8,757
Jan 2003251,03330.315.58$6,524
Dec 2002231,00626.914.85$5,502
Nov 2002291,12024.664.14$5,349
Oct 2002361,24226.464.23$6,205
Sep 2002301,22227.443.64$5,265
Aug 2002391,16725.963.16$4,705
Jul 2002451,21624.583.06$4,829
Jun 2002471,17523.733.34$5,038
May 2002601,27724.663.58$6,056
Apr 2002711,27823.653.51$6,168
Mar 2002511,41922.003.10$5,525
Feb 2002591,22718.222.38$3,990
Jan 20021241,34017.172.38$5,312
Dec 2001461,44916.932.36$4,205
Nov 2001101,48518.072.41$3,753
Oct 2001161,59419.782.53$4,348
Sep 2001121,59724.262.25$3,886
Aug 200161,84724.873.05$5,788
Jul 2001242,02023.933.20$7,032
Jun 2001701,62124.563.82$7,918
May 2001821,46525.524.31$8,403
Apr 2001541,79024.685.34$10,883
Mar 2001682,04324.545.38$12,653
Feb 2001411,91627.755.77$12,187
Jan 2001522,49127.478.40$22,350
Dec 2000522,76926.889.12$26,658
Nov 2000563,14632.215.66$19,604
Oct 2000883,63231.235.15$21,437
Sep 2000654,05731.875.19$23,113
Aug 2000754,36329.644.54$22,034
Jul 2000314,62828.534.09$19,812
Jun 2000165,00129.304.40$22,459
May 2000325,58427.263.68$21,420
Apr 2000155,06724.513.12$16,156
Mar 2000296,06728.422.86$18,174
Feb 20001106,10027.622.73$19,670
Jan 20002657,32225.272.48$24,859
Dec 19993677,43624.282.42$26,934
Nov 19991889,58423.192.43$27,687
Oct 1999375,15820.982.80$15,238
Sep 1999471,14621.752.62$4,023
Aug 19991391019.262.88$2,867
Jul 1999321,12017.892.37$3,230
Jun 1999481,11615.942.36$3,401
May 1999111,29915.792.32$3,189
Apr 1999281,29715.102.21$3,287
Mar 1999591,60512.471.84$3,686
Feb 1999161,0139.981.82$2,001
Jan 1999301,79810.381.90$3,728
Dec 1998391,8219.201.77$3,588
Nov 1998871,59010.892.19$4,423
Oct 19981041,79412.421.97$4,824
Sep 1998631,60412.592.08$4,134
Aug 1998291,38911.301.91$2,977
Jul 19981882511.742.24$2,057
Jun 19981881911.242.24$2,035
May 19982299912.622.21$2,482
Apr 19981953313.042.51$1,583
Mar 19982266112.802.31$1,808
Feb 1998761,34513.952.30$4,153
Jan 1998882,17514.702.15$5,980
Dec 19973189516.322.41$2,664
Nov 1997341,67318.193.09$5,785
Oct 1997381,81019.253.15$6,433
Sep 1997251,14617.742.95$3,830
Aug 1997231,24217.862.55$3,584
Jul 1997392,05317.582.25$5,299
Jun 1997452,84717.242.26$7,202
May 1997493,36218.972.31$8,691
Apr 1997734,70617.882.08$11,107
Mar 1997444,02018.951.94$8,629
Feb 1997435,01920.492.21$11,952
Jan 1997666,68623.483.54$25,216
Dec 1996878,59723.32$2,029
Nov 199614515,07821.97$3,186
Oct 199632324,29423.31$7,529
Sep 199676927,53722.22$17,087
Aug 199627710,72920.26$5,612
Jul 19962329,94519.55$4,536
Jun 199627010,00118.73$5,057

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             1 bbl  × $106.41 =       $106
Gas                  120 Mcf  × $  3.05 =       $366

────────────────────────────────────────────────────
Month total                                     $472

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/158729 is the state's own key, not one this site invented.