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 159027District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 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 Gas111996-08-09135120
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
CondensateDisposition17,399 bbl$496,644
GasProduction513,131 Mcf$1,743,237
Total$2,239,881

95,041 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 28.3860, -98.4481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38600, -98.44813 · 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
10,622 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 10,622 ft.

Completions filed
Jun 1996
1 of 1 wells

1 well

42-311331986610,622 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 20266388106.413.05$1,820
Apr 2026835198.932.87$1,799
Mar 2026626389.753.15$1,367
Feb 2026415763.503.75$843
Jan 2026416559.138.00$1,556
Dec 2025317956.664.41$960
Nov 2025312858.593.93$678
Oct 20251059.383.30$59
Sep 2025113562.743.08$478
Aug 2025135663.933.01$1,137
Jul 20251066.743.32$67
Jun 2025324366.483.13$960
May 2025322260.553.23$899
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20251070.884.34$71
Jan 202511474.324.28$134
Dec 2024734468.993.12$1,557
Nov 2024627769.052.20$1,023
Oct 2024521571.372.28$847
Sep 2024311569.612.36$481
Aug 2024418275.632.06$678
Jul 20241151179.932.15$1,976
Jun 2024666978.082.63$2,231
May 2024264178.812.20$1,567
Apr 20241084.451.66$84
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 2023963571.262.61$2,299
Nov 2023567377.892.81$2,279
Oct 20230085.443.09$0
Sep 202313089.042.74$171
Aug 2023454780.522.67$1,784
Jul 2023310774.852.64$507
Jun 2023210668.962.26$377
May 2023926670.622.23$1,228
Apr 202333378.122.24$308
Mar 2023817972.852.39$1,011
Feb 202398775.112.47$891
Jan 2023914976.533.39$1,194
Dec 20221442476.415.73$3,499
Nov 20221333285.005.65$2,980
Oct 2022820187.185.86$1,876
Sep 20221129884.888.16$3,366
Aug 20221131094.529.13$3,869
Jul 20228314101.587.54$3,181
Jun 202210420115.097.98$4,501
May 202218231109.378.43$3,917
Apr 202211300104.226.84$3,198
Mar 20228233108.885.08$2,054
Feb 20221024391.054.86$2,091
Jan 20221123581.844.54$1,967
Dec 2021925371.323.90$1,628
Nov 2021826777.435.24$2,018
Oct 20211522579.795.71$2,482
Sep 20211629869.865.35$2,712
Aug 2021718866.024.22$1,256
Jul 2021920870.783.98$1,465
Jun 2021942069.493.38$2,045
May 2021518863.483.02$885
Apr 2021915760.362.76$976
Mar 20211523361.302.72$1,553
Feb 2021411257.805.55$853
Jan 20211019550.412.81$1,052
Dec 20201312644.642.68$917
Nov 2020414238.772.71$539
Oct 2020412436.972.48$455
Sep 2020340437.091.99$916
Aug 202013339.982.39$119
Jul 20200038.371.83$0
Jun 20203034.901.69$105
May 202008616.921.81$156
Apr 202001014.751.80$18
Mar 202011030.341.86$49
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20191659.012.30$73
Nov 201924755.302.75$240
Oct 2019316953.472.42$569
Sep 2019112855.052.66$395
Aug 201912653.112.30$113
Jul 2019231556.272.46$887
Jun 2019218552.782.49$566
May 2019227558.482.74$871
Apr 2019224962.632.75$810
Mar 2019419556.803.06$824
Feb 2019118550.852.79$567
Jan 2019320946.033.23$813
Dec 2018324746.594.19$1,174
Nov 2018227652.934.24$1,275
Oct 2018111161.443.40$439
Sep 2018126859.543.11$892
Aug 2018144459.403.07$1,421
Jul 2018129265.142.93$921
Jun 2018222460.183.08$810
May 2018226765.382.90$905
Apr 2018228363.842.90$949
Mar 2018229161.222.79$933
Feb 2018110461.782.77$349
Jan 2018223462.874.01$1,064
Dec 2017216157.272.92$585
Nov 2017122155.423.12$745
Oct 2017227449.292.98$916
Sep 2017125947.523.09$847
Aug 2017122245.373.00$712
Jul 2017225443.873.09$872
Jun 2017231942.493.09$1,070
May 2017226745.373.26$962
Apr 2017227047.933.21$963
Mar 2017138446.772.98$1,193
Feb 2017228450.452.95$939
Jan 2017239549.413.42$1,449
Dec 2016236948.763.72$1,471
Nov 2016035742.492.64$944
Oct 2016055746.193.09$1,721
Sep 2016054241.553.10$1,681
Aug 2016013841.442.92$404
Jul 2016037441.622.92$1,094
Jun 2016040645.352.69$1,090
May 2016047942.521.99$954
Apr 2016029036.561.99$577
Mar 2016040633.011.79$728
Feb 2016027426.472.06$565
Jan 2016034427.352.36$813
Dec 2015042932.362.00$859
Nov 2015049338.792.17$1,068
Oct 2015040143.552.43$973
Sep 2015042542.992.76$1,172
Aug 2015030040.162.87$862
Jul 2015124248.152.95$761
Jun 2015140256.152.88$1,215
May 2015134955.212.96$1,087
Apr 2015134449.822.71$981
Mar 2015134742.892.93$1,061
Feb 2015128944.662.98$905
Jan 2015232443.433.10$1,091
Dec 2014243954.693.59$1,686
Nov 2014122670.464.25$1,031
Oct 2014126878.303.90$1,124
Sep 2014117186.164.05$778
Aug 2014227289.394.04$1,276
Jul 2014133596.564.18$1,497
Jun 2014121498.164.74$1,112
May 2014120494.734.73$1,059
Apr 2014147795.944.81$2,390
Mar 2014148895.895.06$2,564
Feb 2014136497.406.19$2,351
Jan 2014249690.404.86$2,592
Dec 2013255391.824.35$2,592
Nov 2013250588.853.74$2,066
Oct 2013222297.423.78$1,034
Sep 20132180104.113.72$877
Aug 20132180104.253.52$843
Jul 20132417102.523.72$1,755
Jun 2013115494.403.93$700
May 201319594.834.15$489
Apr 2013215693.964.28$856
Mar 2013421793.623.91$1,224
Feb 2013324491.233.42$1,108
Jan 2013430691.603.42$1,413
Dec 2012325886.773.42$1,143
Nov 2012444786.953.62$1,968
Oct 2012340789.383.40$1,652
Sep 2012237294.672.92$1,275
Aug 2012319692.662.91$848
Jul 2012534685.133.02$1,471
Jun 20121139179.822.52$1,863
May 20122352691.612.49$3,416
Apr 201226425101.652.00$3,492
Mar 201232694105.052.22$4,904
Feb 201242909101.102.57$6,583
Jan 20123338898.092.73$4,298
Dec 20112343796.873.24$3,644
Nov 20112159395.723.31$3,974
Oct 20111757384.983.65$3,535
Sep 2011860483.623.99$3,076
Aug 2011553183.404.15$2,620
Jul 20111168994.144.52$4,148
Jun 20111448192.904.64$3,532
May 20112161298.134.40$4,756
Apr 201122556105.964.33$4,740
Mar 20113665396.364.06$6,118
Feb 20113878285.644.18$6,523
Jan 20115585586.504.59$8,681
Dec 20104684385.734.35$7,609
Nov 20103491380.843.80$6,214
Oct 20102642878.103.51$3,532
Sep 20101868472.633.98$4,029
Aug 20101373373.684.42$4,197
Jul 2010772972.554.74$3,961
Jun 2010172770.364.91$3,640
May 2010171471.124.24$3,095
Apr 2010247881.694.12$2,134
Mar 2010369078.394.39$3,263
Feb 2010348173.585.44$2,839
Jan 20101560774.365.96$4,736
Dec 20094030971.445.48$4,552
Nov 20093235774.593.75$3,726
Oct 20093044872.544.11$4,018
Sep 20091567465.543.06$3,049
Aug 2009676867.423.22$2,876
Jul 2009473461.133.46$2,787
Jun 2009373166.163.90$3,046
May 2009373854.743.93$3,061
Apr 2009564446.773.59$2,544
Mar 2009497442.144.06$4,122
Feb 2009373432.814.63$3,499
Jan 2009370635.865.37$3,900
Dec 2008279037.105.98$4,796
Nov 2008262655.496.86$4,406
Oct 2008266275.246.92$4,733
Sep 20081842101.767.88$6,734
Aug 20081772114.228.48$6,663
Jul 20083740131.0811.39$8,821
Jun 20085720131.3313.03$10,040
May 20086678123.1711.57$8,586
Apr 200810703110.3110.45$8,453
Mar 200814692101.909.66$8,114
Feb 20081762092.538.77$7,011
Jan 20082185290.388.21$8,889
Dec 2007191,14488.337.30$10,032
Nov 2007181,19691.677.29$10,371
Oct 20071398382.856.92$7,881
Sep 2007982575.846.24$5,834
Aug 200771,06269.066.39$7,267
Jul 2007496670.906.39$6,454
Jun 2007191362.007.55$6,954
May 200731,01258.747.85$8,117
Apr 2007121,13959.617.81$9,605
Mar 2007201,39856.927.30$11,347
Feb 20072674555.108.22$7,554
Jan 2007341,11850.306.73$9,231
Dec 2006381,38556.656.92$11,735
Nov 2006331,51254.207.62$13,306
Oct 2006221,10254.906.01$7,835
Sep 20061497360.085.04$5,742
Aug 20062092168.717.34$8,134
Jul 20064197469.376.34$9,022
Jun 20064996166.286.38$9,383
May 2006591,01366.016.42$10,403
Apr 2006411,07664.397.36$10,560
Mar 2006381,28856.707.08$11,277
Feb 2006431,32357.597.75$12,731
Jan 2006411,53660.598.93$16,206
Dec 2005421,20054.9413.42$18,406
Nov 2005321,14654.6910.59$13,884
Oct 2005361,12758.3413.80$17,648
Sep 20054397761.4512.08$14,444
Aug 2005351,00761.519.80$12,018
Jul 2005361,20355.697.84$11,441
Jun 2005351,17452.337.38$10,497
May 2005311,45645.226.65$11,086
Apr 2005181,59049.207.36$12,589
Mar 2005241,82550.377.15$14,267
Feb 2005201,72445.226.31$11,786
Jan 2005111,97843.166.32$12,980
Dec 200442,10739.866.75$14,384
Nov 200431,91345.286.33$12,246
Oct 200431,63349.706.52$10,788
Sep 200421,32443.245.28$7,082
Aug 200421,49842.375.55$8,400
Jul 200421,37538.286.08$8,442
Jun 200411,13136.106.43$7,312
May 200431,38737.486.49$9,120
Apr 2004111,54334.475.86$9,419
Mar 2004211,64434.365.53$9,813
Feb 2004201,47132.455.51$8,754
Jan 2004271,66732.036.30$11,366
Dec 2003211,93730.266.30$12,842
Nov 2003201,75928.804.60$8,659
Oct 2003651,58728.174.76$9,385
Sep 2003891,58726.314.75$9,879
Aug 2003831,29929.765.13$9,134
Jul 2003641,40029.415.17$9,121
Jun 2003601,29728.565.98$9,474
May 2003681,68426.595.97$11,866
Apr 20031031,79826.675.41$12,469
Mar 20031391,82831.146.10$15,472
Feb 20031141,59833.487.93$16,482
Jan 20031341,98130.315.58$15,120
Dec 20021252,01526.914.85$13,144
Nov 20021422,43824.664.14$13,588
Oct 2002822,26226.464.23$11,736
Sep 2002282,18527.443.64$8,711
Aug 2002401,75325.963.16$6,585
Jul 2002822,70824.583.06$10,307
Jun 2002872,57523.733.34$10,660
May 2002852,50424.663.58$11,070
Apr 2002212,27023.653.51$8,470
Mar 2002822,71022.003.10$10,212
Feb 2002912,19718.222.38$6,877
Jan 2002802,71817.172.38$7,831
Dec 20011062,99516.932.36$8,876
Nov 20011153,84418.072.41$11,325
Oct 20011133,46619.782.53$11,000
Sep 2001842,70624.262.25$8,130
Aug 2001602,49124.873.05$9,098
Jul 2001582,51423.933.20$9,425
Jun 2001673,06024.563.82$13,347
May 20011013,83025.524.31$19,075
Apr 2001513,36324.685.34$19,201
Mar 20011453,95124.545.38$24,801
Feb 20011253,98027.755.77$26,422
Jan 20011274,99027.478.40$45,399
Dec 20001245,45326.889.12$53,078
Nov 20001296,18932.215.66$39,172
Oct 20002086,21731.235.15$38,485
Sep 20002116,18431.875.19$38,798
Aug 20002957,41729.644.54$42,423
Jul 20003538,36028.534.09$44,261
Jun 20001092,35929.304.40$13,567
May 20002443327.263.68$2,248
Apr 200017224.513.12$249
Mar 2000515228.422.86$577
Feb 2000411027.622.73$410
Jan 2000281,23525.272.48$3,771
Dec 1999181,86524.282.42$4,957
Nov 199942,15123.192.43$5,328
Oct 1999436820.982.80$1,116
Sep 1999955421.752.62$1,647
Aug 1999271,72219.262.88$5,472
Jul 1999902,52917.892.37$7,610
Jun 1999692,47715.942.36$6,951
May 1999332,85415.792.32$7,145
Apr 1999912,84315.102.21$7,652
Mar 1999772,97012.471.84$6,420
Feb 1999702,6809.981.82$5,570
Jan 1999872,98510.381.90$6,574
Dec 19981022,9449.201.77$6,159
Nov 19981202,99010.892.19$7,842
Oct 1998873,20812.421.97$7,398
Sep 1998883,41512.592.08$8,220
Aug 1998993,65511.301.91$8,090
Jul 19981253,85411.742.24$10,090
Jun 19981262,10511.242.24$6,126
May 19981263,75212.622.21$9,868
Apr 19981353,86913.042.51$11,454
Mar 19981534,32712.802.31$11,951
Feb 19981543,98013.952.30$11,299
Jan 19981804,60514.702.15$12,569
Dec 19971954,71416.322.41$14,548
Nov 19971494,85318.193.09$17,698
Oct 19971645,20519.253.15$19,552
Sep 19972005,30917.742.95$19,235
Aug 19971115,50017.862.55$16,034
Jul 19971326,39617.582.25$16,692
Jun 19971515,89617.242.26$15,912
May 19972737,20818.972.31$21,818
Apr 19973077,85917.882.08$21,858
Mar 19973679,06618.951.94$24,535
Feb 19972405,14720.492.21$16,271
Jan 19975019,84023.483.54$46,594
Dec 199653412,48823.32$12,453
Nov 199654611,54021.97$11,996
Oct 199661312,00123.31$14,289
Sep 19961,02813,71522.22$22,842
Aug 19961,06516,76120.26$21,577
Jul 19961,36221,61719.55$26,627
Jun 19963666,91918.73$6,855

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             6 bbl  × $106.41 =       $638
Gas                  388 Mcf  × $  3.05 =     $1,182

────────────────────────────────────────────────────
Month total                                   $1,820

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/159027 is the state's own key, not one this site invented.