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 159025District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jun 1996 – May 2026
Value, last 12 filed months
$12 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 Gas111996-08-09135074
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
CondensateDisposition4,743 bbl$119,543
GasProduction493,548 Mcf$1,456,181
Total$1,575,724

75,037 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 28.3743, -98.4521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37428, -98.45208 · 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
10,618 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 10,618 ft.

1 well

42-311331916110,618 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 (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 20260165106.413.05$503
Apr 2026135998.932.87$1,129
Mar 2026015989.753.15$501
Feb 2026020263.503.75$758
Jan 2026011759.138.00$936
Dec 2025139656.664.41$1,804
Nov 2025134458.593.93$1,409
Oct 2025035159.383.30$1,160
Sep 2025060362.743.08$1,855
Aug 2025026863.933.01$808
Jul 20250066.743.32$0
Jun 2025020466.483.13$638
May 2025036460.553.23$1,177
Apr 2025028862.363.54$1,020
Mar 2025013867.704.27$589
Feb 2025031670.884.34$1,372
Jan 2025041774.324.28$1,784
Dec 2024035568.993.12$1,108
Nov 2024027869.052.20$611
Oct 2024049371.372.28$1,125
Sep 2024023369.612.36$551
Aug 2024048775.632.06$1,005
Jul 2024046979.932.15$1,007
Jun 2024042578.082.63$1,119
May 202401,01578.812.20$2,231
Apr 2024034884.451.66$577
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240973.023.30$30
Dec 2023067171.262.61$1,752
Nov 2023026377.892.81$738
Oct 20230085.443.09$0
Sep 202305289.042.74$142
Aug 2023060780.522.67$1,622
Jul 2023023574.852.64$621
Jun 2023016768.962.26$377
May 2023024670.622.23$548
Apr 2023049478.122.24$1,105
Mar 2023026072.852.39$622
Feb 2023029775.112.47$732
Jan 2023019176.533.39$647
Dec 2022024276.415.73$1,386
Nov 2022022485.005.65$1,265
Oct 2022016287.185.86$950
Sep 2022010584.888.16$857
Aug 2022021794.529.13$1,981
Jul 20220336101.587.54$2,534
Jun 20220284115.097.98$2,266
May 20220157109.378.43$1,324
Apr 20220175104.226.84$1,197
Mar 20220171108.885.08$868
Feb 2022017891.054.86$865
Jan 2022027481.844.54$1,243
Dec 2021024571.323.90$955
Nov 2021013777.435.24$717
Oct 2021025079.795.71$1,428
Sep 2021032269.865.35$1,723
Aug 2021020566.024.22$865
Jul 2021078470.783.98$3,122
Jun 2021024669.493.38$832
May 202105263.483.02$157
Apr 2021012760.362.76$350
Mar 2021056161.302.72$1,524
Feb 2021018857.805.55$1,043
Jan 2021018650.412.81$523
Dec 2020011644.642.68$310
Nov 2020018238.772.71$493
Oct 2020037636.972.48$932
Sep 2020024137.091.99$480
Aug 202003339.982.39$79
Jul 202006338.371.83$115
Jun 20200034.901.69$0
May 202001916.921.81$34
Apr 202001314.751.80$23
Mar 202001430.341.86$26
Feb 2020011449.881.98$226
Jan 202003057.252.09$63
Dec 201908759.012.30$200
Nov 2019018255.302.75$501
Oct 201908253.472.42$198
Sep 2019037855.052.66$1,004
Aug 201907653.112.30$175
Jul 2019044556.272.46$1,095
Jun 2019088552.782.49$2,205
May 201907358.482.74$200
Apr 2019027462.632.75$754
Mar 201908256.803.06$251
Feb 20190050.852.79$0
Jan 201906346.033.23$203
Dec 201803246.594.19$134
Nov 201807152.934.24$301
Oct 2018030261.443.40$1,026
Sep 2018020359.543.11$631
Aug 2018041259.403.07$1,263
Jul 2018076765.142.93$2,249
Jun 201801,47660.183.08$4,542
May 201802,23765.382.90$6,489
Apr 201809063.842.90$261
Mar 201803761.222.79$103
Feb 20180161.782.77$3
Jan 201802462.874.01$96
Dec 20170157.272.92$3
Nov 20170255.423.12$6
Oct 201701749.292.98$51
Sep 201703747.523.09$114
Aug 20170145.373.00$3
Jul 20170043.873.09$0
Jun 201702842.493.09$86
May 201701545.373.26$49
Apr 201703947.933.21$125
Mar 201706846.772.98$203
Feb 201705450.452.95$159
Jan 201702349.413.42$79
Dec 201601848.763.72$67
Nov 2016013442.492.64$354
Oct 2016010646.193.09$328
Sep 2016013041.553.10$403
Aug 2016019241.442.92$561
Jul 201605641.622.92$164
Jun 201603745.352.69$99
May 20160042.521.99$0
Apr 2016177936.561.99$1,588
Mar 2016113233.011.79$270
Feb 2016330426.472.06$707
Jan 2016217727.352.36$473
Dec 2015367732.362.00$1,452
Nov 2015291138.792.17$2,052
Oct 2015018843.552.43$456
Sep 20150642.992.76$17
Aug 2015220540.162.87$669
Jul 201521,42148.152.95$4,281
Jun 201501,71056.152.88$4,930
May 2015023455.212.96$692
Apr 201508149.822.71$219
Mar 201509942.892.93$291
Feb 2015015644.662.98$464
Jan 201507943.433.10$245
Dec 2014012854.693.59$460
Nov 2014034770.464.25$1,475
Oct 20140278.303.90$8
Sep 201401086.164.05$40
Aug 20140089.394.04$0
Jul 20140196.564.18$4
Jun 2014038898.164.74$1,838
May 2014033394.734.73$1,574
Apr 2014011695.944.81$558
Mar 2014034895.895.06$1,760
Feb 2014060497.406.19$3,740
Jan 2014011390.404.86$549
Dec 201308591.824.35$370
Nov 2013030388.853.74$1,133
Oct 2013037097.423.78$1,398
Sep 20130139104.113.72$517
Aug 20130157104.253.52$553
Jul 20130202102.523.72$751
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201328593.964.28$552
Mar 2013416393.623.91$1,012
Feb 2013323891.233.42$1,088
Jan 2013422591.603.42$1,136
Dec 2012318086.773.42$876
Nov 2012524386.953.62$1,316
Oct 2012318789.383.40$904
Sep 2012430394.672.92$1,263
Aug 2012525092.662.91$1,190
Jul 2012325585.133.02$1,026
Jun 2012323979.822.52$842
May 2012535391.612.49$1,336
Apr 2012168101.652.00$237
Mar 20124319105.052.22$1,129
Feb 20123139101.102.57$661
Jan 2012540498.092.73$1,595
Dec 2011434696.873.24$1,508
Nov 2011527395.723.31$1,383
Oct 2011442584.983.65$1,891
Sep 2011333583.623.99$1,586
Aug 2011438483.404.15$1,927
Jul 2011451994.144.52$2,721
Jun 2011336692.904.64$1,977
May 2011454198.134.40$2,776
Apr 20113199105.964.33$1,180
Mar 2011418996.364.06$1,152
Feb 2011326485.644.18$1,360
Jan 2011450686.504.59$2,668
Dec 2010432185.734.35$1,739
Nov 2010422480.843.80$1,174
Oct 2010422278.103.51$1,091
Sep 2010525872.633.98$1,390
Aug 2010319373.684.42$1,074
Jul 2010333472.554.74$1,800
Jun 2010299070.364.91$5,002
May 2010330471.124.24$1,501
Apr 2010225281.694.12$1,202
Mar 2010321378.394.39$1,170
Feb 201001973.585.44$103
Jan 2010111474.365.96$754
Dec 200912271.445.48$192
Nov 200925774.593.75$363
Oct 200924272.544.11$318
Sep 200927865.543.06$370
Aug 200919667.423.22$376
Jul 2009215761.133.46$666
Jun 200918666.163.90$401
May 200904754.743.93$185
Apr 200918646.773.59$355
Mar 2009223042.144.06$1,018
Feb 200906732.814.63$310
Jan 20090035.865.37$0
Dec 200802537.105.98$149
Nov 200801755.496.86$117
Oct 2008111875.246.92$892
Sep 20081203101.767.88$1,701
Aug 2008080114.228.48$679
Jul 20081158131.0811.39$1,931
Jun 20083333131.3313.03$4,734
May 20082487123.1711.57$5,883
Apr 20083550110.3110.45$6,081
Mar 20082469101.909.66$4,736
Feb 2008440192.538.77$3,887
Jan 2008458090.388.21$5,121
Dec 2007339388.337.30$3,135
Nov 2007685691.677.29$6,792
Oct 2007693382.856.92$6,955
Sep 2007466575.846.24$4,456
Aug 2007597569.066.39$6,574
Jul 200761,00670.906.39$6,852
Jun 2007572762.007.55$5,798
May 2007784558.747.85$7,041
Apr 200771,16959.617.81$9,542
Mar 2007443156.927.30$3,375
Feb 2007788155.108.22$7,624
Jan 200751,15250.306.73$8,001
Dec 200621,13756.656.92$7,980
Nov 200621,24354.207.62$9,577
Oct 2006556754.906.01$3,684
Sep 2006327260.085.04$1,550
Aug 2006581768.717.34$6,340
Jul 200651,23269.376.34$8,161
Jun 200641,26866.286.38$8,360
May 200631,70966.016.42$11,178
Apr 2006116464.397.36$1,272
Mar 2006161356.707.08$4,399
Feb 2006211457.597.75$999
Jan 2006111,07360.598.93$10,252
Dec 20051496954.9413.42$13,769
Nov 20051495154.6910.59$10,835
Oct 2005381,11158.3413.80$17,544
Sep 20054080461.4512.08$12,170
Aug 20053472361.519.80$9,174
Jul 20053167155.697.84$6,989
Jun 20053122052.337.38$3,246
May 20055240245.226.65$5,025
Apr 2005111,30149.207.36$10,117
Mar 200551,43450.377.15$10,512
Feb 200541,25245.226.31$8,083
Jan 200541,47043.166.32$9,466
Dec 200441,85339.866.75$12,669
Nov 200431,00045.286.33$6,466
Oct 200441,00849.706.52$6,766
Sep 200431,06643.245.28$5,762
Aug 2004277542.375.55$4,387
Jul 2004649438.286.08$3,235
Jun 2004823836.106.43$1,820
May 2004201,11337.486.49$7,978
Apr 2004181,12234.475.86$7,194
Mar 2004241,23634.365.53$7,660
Feb 2004211,20332.455.51$7,310
Jan 2004221,45632.036.30$9,877
Dec 200371,03230.266.30$6,715
Nov 2003883928.804.60$4,086
Oct 20031051428.174.76$2,728
Sep 20031072126.314.75$3,687
Aug 2003161,46229.765.13$7,976
Jul 2003201,59129.415.17$8,815
Jun 2003211,60528.565.98$10,202
May 2003191,81526.595.97$11,346
Apr 2003141,99526.675.41$11,161
Mar 2003101,10631.146.10$7,054
Feb 2003764433.487.93$5,339
Jan 2003111,00530.315.58$5,943
Dec 20021092026.914.85$4,735
Nov 2002434124.664.14$1,509
Oct 20021094926.464.23$4,278
Sep 2002161,81427.443.64$7,033
Aug 2002171,81825.963.16$6,194
Jul 2002151,81624.583.06$5,929
Jun 2002121,64423.733.34$5,773
May 2002131,70124.663.58$6,417
Apr 2002181,71923.653.51$6,463
Mar 200261,86522.003.10$5,919
Feb 2002151,26618.222.38$3,281
Jan 2002321,28917.172.38$3,612
Dec 200161,81316.932.36$4,388
Nov 200121,29818.072.41$3,159
Oct 200121,51919.782.53$3,881
Sep 200161,28224.262.25$3,032
Aug 200161,57024.873.05$4,943
Jul 200151,66223.933.20$5,433
Jun 200151,66224.563.82$6,479
May 2001101,57425.524.31$7,035
Apr 200131,09824.685.34$5,932
Mar 200181,63524.545.38$8,987
Feb 200191,43227.755.77$8,508
Jan 2001152,49227.478.40$21,342
Dec 2000132,26126.889.12$20,975
Nov 2000183,31832.215.66$19,353
Oct 2000112,90431.235.15$15,286
Sep 2000114,09931.875.19$21,610
Aug 2000144,52129.644.54$20,944
Jul 2000294,97028.534.09$21,153
Jun 2000474,93929.304.40$23,095
May 2000282,99927.263.68$11,799
Apr 2000222,98424.513.12$9,837
Mar 2000393,42828.422.86$10,912
Feb 2000253,38327.622.73$9,914
Jan 2000273,83725.272.48$10,200
Dec 1999373,92724.282.42$10,416
Nov 1999373,97623.192.43$10,536
Oct 1999284,36820.982.80$12,834
Sep 1999144,50121.752.62$12,092
Aug 1999225,06419.262.88$14,986
Jul 1999475,49417.892.37$13,875
Jun 1999655,71215.942.36$14,528
May 1999836,54015.792.32$16,490
Apr 1999497,01715.102.21$16,234
Mar 1999478,09912.471.84$15,475
Feb 1999387,5229.981.82$14,053
Jan 1999647,99010.381.90$15,845
Dec 1998917,9309.201.77$14,900
Nov 19981327,90510.892.19$18,716
Oct 19981108,16112.421.97$17,437
Sep 19981019,40712.592.08$20,863
Aug 19987411,13611.301.91$22,076
Jul 19989013,11911.742.24$30,407
Jun 1998456,32311.242.24$14,652
May 1998253,55012.622.21$8,148
Apr 1998293,88413.042.51$10,109
Mar 1998424,63312.802.31$11,237
Feb 1998524,15613.952.30$10,281
Jan 1998614,62514.702.15$10,863
Dec 1997484,06316.322.41$10,580
Nov 1997464,32518.193.09$14,193
Oct 1997665,99319.253.15$20,147
Sep 1997744,90217.742.95$15,798
Aug 1997904,94017.862.55$14,228
Jul 19971055,57717.582.25$14,377
Jun 1997626,04117.242.26$14,705
May 1997715,50918.972.31$14,064
Apr 1997906,62517.882.08$15,408
Mar 19971067,39018.951.94$16,339
Feb 1997806,56620.492.21$16,123
Jan 19971198,08823.483.54$31,423
Dec 19961018,83623.32$2,355
Nov 19961058,80121.97$2,307
Oct 199615611,07823.31$3,636
Sep 199617910,04022.22$3,977
Aug 199617612,46620.26$3,566
Jul 199616716,09319.55$3,265
Jun 19961257,72318.73$2,341

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                  165 Mcf  × $  3.05 =       $503

────────────────────────────────────────────────────
Month total                                     $503

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/159025 is the state's own key, not one this site invented.