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 159026District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jun 1996 – May 2026
Value, last 12 filed months
$358
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 Gas111996-08-09135122
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
CondensateDisposition6,196 bbl$148,116
GasProduction343,622 Mcf$954,520
Total$1,102,636

92,181 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 28.3783, -98.4473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37828, -98.44728 · 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
10,693 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 10,693 ft.

1 well

42-311331956810,693 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 2026070106.413.05$213
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202503758.593.93$145
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
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 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
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 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
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 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
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 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 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140195.944.81$5
Mar 201403095.895.06$152
Feb 201419397.406.19$673
Jan 2014227990.404.86$1,537
Dec 2013224691.824.35$1,255
Nov 2013117888.853.74$754
Oct 2013324697.423.78$1,222
Sep 20132277104.113.72$1,238
Aug 20132290104.253.52$1,230
Jul 20131276102.523.72$1,129
Jun 2013127394.403.93$1,168
May 2013125594.834.15$1,153
Apr 2013123693.964.28$1,105
Mar 2013227993.623.91$1,279
Feb 2013125791.233.42$970
Jan 2013424791.603.42$1,211
Dec 2012325286.773.42$1,122
Nov 2012323686.953.62$1,116
Oct 2012323189.383.40$1,053
Sep 2012321794.672.92$917
Aug 2012312192.662.91$630
Jul 2012114385.133.02$517
Jun 2012117779.822.52$526
May 2012119291.612.49$569
Apr 20121163101.652.00$427
Mar 20121209105.052.22$569
Feb 20121180101.102.57$564
Jan 2012119998.092.73$642
Dec 2011119196.873.24$716
Nov 2011120395.723.31$768
Oct 2011123484.983.65$939
Sep 2011128683.623.99$1,224
Aug 2011130083.404.15$1,328
Jul 2011128694.144.52$1,386
Jun 2011123192.904.64$1,165
May 2011225998.134.40$1,337
Apr 20111147105.964.33$743
Mar 2011219796.364.06$992
Feb 2011123385.644.18$1,060
Jan 2011218586.504.59$1,022
Dec 2010220885.734.35$1,076
Nov 2010221580.843.80$978
Oct 2010222378.103.51$939
Sep 2010220672.633.98$965
Aug 2010224473.684.42$1,226
Jul 2010222972.554.74$1,230
Jun 2010322270.364.91$1,301
May 2010333371.124.24$1,624
Apr 2010323981.694.12$1,230
Mar 2010619578.394.39$1,326
Feb 2010521873.585.44$1,554
Jan 2010424674.365.96$1,765
Dec 2009121571.445.48$1,250
Nov 2009124774.593.75$1,001
Oct 2009214772.544.11$749
Sep 2009123565.543.06$786
Aug 2009123167.423.22$811
Jul 2009122661.133.46$844
Jun 2009125266.163.90$1,048
May 2009125954.743.93$1,072
Apr 2009229846.773.59$1,163
Mar 2009137342.144.06$1,556
Feb 2009123832.814.63$1,135
Jan 2009123735.865.37$1,309
Dec 2008020937.105.98$1,249
Nov 2008021355.496.86$1,461
Oct 2008021975.246.92$1,516
Sep 20081358101.767.88$2,922
Aug 20081538114.228.48$4,678
Jul 20080468131.0811.39$5,330
Jun 20080561131.3313.03$7,311
May 20080673123.1711.57$7,790
Apr 20081639110.3110.45$6,791
Mar 20081589101.909.66$5,794
Feb 2008146492.538.77$4,162
Jan 2008240290.388.21$3,479
Dec 2007342688.337.30$3,376
Nov 2007452991.677.29$4,224
Oct 2007360182.856.92$4,409
Sep 2007351075.846.24$3,412
Aug 2007371269.066.39$4,755
Jul 2007363570.906.39$4,269
Jun 2007460862.007.55$4,837
May 2007561458.747.85$5,111
Apr 2007657659.617.81$4,853
Mar 2007448056.927.30$3,733
Feb 2007535655.108.22$3,200
Jan 20071256750.306.73$4,418
Dec 20061065856.656.92$5,119
Nov 2006579454.207.62$6,319
Oct 2006465454.906.01$4,153
Sep 2006362060.085.04$3,303
Aug 2006564968.717.34$5,107
Jul 2006268069.376.34$4,452
Jun 2006261866.286.38$4,078
May 2006268566.016.42$4,533
Apr 20061071064.397.36$5,870
Mar 20061374956.707.08$6,042
Feb 20061064357.597.75$5,560
Jan 2006675460.598.93$7,099
Dec 2005561554.9413.42$8,525
Nov 2005557654.6910.59$6,372
Oct 2005649958.3413.80$7,234
Sep 2005735461.4512.08$4,706
Aug 2005935161.519.80$3,992
Jul 2005845355.697.84$3,999
Jun 2005947452.337.38$3,970
May 20051455745.226.65$4,338
Apr 20051545649.207.36$4,094
Mar 20052153750.377.15$4,900
Feb 20052760545.226.31$5,040
Jan 20051877743.166.32$5,689
Dec 2004579439.866.75$5,560
Nov 2004888445.286.33$5,958
Oct 2004101,09449.706.52$7,625
Sep 200471,08143.245.28$6,015
Aug 200481,11542.375.55$6,528
Jul 20042599038.286.08$6,980
Jun 20043391636.106.43$7,084
May 20043184837.486.49$6,669
Apr 20041970934.475.86$4,809
Mar 20042981134.365.53$5,481
Feb 2004341,19032.455.51$7,660
Jan 2004451,33032.036.30$9,820
Dec 2003191,13130.266.30$7,702
Nov 2003121,07528.804.60$5,285
Oct 2003897128.174.76$4,847
Sep 2003190426.314.75$4,320
Aug 2003295329.765.13$4,948
Jul 200371,10829.415.17$5,935
Jun 20031388628.565.98$5,672
May 2003161,21526.595.97$7,682
Apr 2003221,45426.675.41$8,449
Mar 2003251,21031.146.10$8,155
Feb 20032598033.487.93$8,604
Jan 2003441,15830.315.58$7,798
Dec 20023678026.914.85$4,755
Nov 20021582624.664.14$3,787
Oct 2002484726.464.23$3,688
Sep 2002480627.443.64$3,040
Aug 2002485625.963.16$2,812
Jul 2002389324.583.06$2,808
Jun 2002383523.733.34$2,859
May 2002482724.663.58$3,063
Apr 2002584523.653.51$3,086
Mar 20021481722.003.10$2,843
Feb 20022055418.222.38$1,681
Jan 20021988917.172.38$2,438
Dec 2001301,12016.932.36$3,156
Nov 2001301,41118.072.41$3,936
Oct 20012895719.782.53$2,974
Sep 2001221,22124.262.25$3,283
Aug 2001101,17024.873.05$3,821
Jul 2001101,23223.933.20$4,178
Jun 2001131,99624.563.82$7,952
May 2001151,67425.524.31$7,593
Apr 200141,20724.685.34$6,538
Mar 200172,22124.545.38$12,113
Feb 2001101,25427.755.77$7,509
Jan 2001131,75527.478.40$15,097
Dec 2000172,15726.889.12$20,134
Nov 2000162,65432.215.66$15,532
Oct 2000202,66031.235.15$14,312
Sep 2000222,68231.875.19$14,611
Aug 2000222,89129.644.54$13,779
Jul 2000203,39928.534.09$14,472
Jun 2000253,16329.304.40$14,641
May 2000333,33727.263.68$13,179
Apr 2000431,96224.513.12$7,168
Mar 2000772,20828.422.86$8,503
Feb 2000492,69327.622.73$8,696
Jan 2000513,21125.272.48$9,254
Dec 1999733,25724.282.42$9,667
Nov 1999753,31123.192.43$9,798
Oct 1999563,75620.982.80$11,706
Sep 1999183,76021.752.62$10,238
Aug 1999704,33719.262.88$13,820
Jul 1999785,21317.892.37$13,763
Jun 1999404,76715.942.36$11,898
May 1999405,29615.792.32$12,924
Apr 1999829,54715.102.21$22,318
Mar 199919112,87712.471.84$26,054
Feb 19992547,2299.981.82$15,676
Jan 1999926,84510.381.90$13,960
Dec 1998009.201.77$0
Nov 1998212510.892.19$295
Oct 1998212012.421.97$261
Sep 19980112.592.08$2
Aug 19980011.301.91$0
Jul 1998531111.742.24$754
Jun 1998424011.242.24$582
May 19980012.622.21$0
Apr 199801813.042.51$45
Mar 1998637812.802.31$950
Feb 1998482,86113.952.30$7,247
Jan 1998553,64014.702.15$8,652
Dec 1997432,25716.322.41$6,144
Nov 1997213318.193.09$447
Oct 199703619.253.15$113
Sep 19973317.742.95$62
Aug 1997655817.862.55$1,533
Jul 1997504,20017.582.25$10,316
Jun 19971825,53617.242.26$15,634
May 19971616,00718.972.31$16,921
Apr 1997953,71417.882.08$9,434
Mar 19971548,12418.951.94$18,672
Feb 19971867,69920.492.21$20,794
Jan 19972499,67523.483.54$40,093
Dec 199630311,83323.32$7,066
Nov 199630811,28121.97$6,767
Oct 199636412,22223.31$8,485
Sep 199631714,61722.22$7,044
Aug 199645817,19520.26$9,279
Jul 199649520,56319.55$9,677
Jun 1996744,47018.73$1,386

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                   70 Mcf  × $  3.05 =       $213

────────────────────────────────────────────────────
Month total                                     $213

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/159026 is the state's own key, not one this site invented.