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 159028District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jun 1996 – May 2026
Value, last 12 filed months
$31 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 Gas111996-09-18135142
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
CondensateDisposition4,384 bbl$153,179
GasProduction667,964 Mcf$2,246,951
Total$2,400,129

100,888 Mcf of this lease's gas, across 6 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 28.3375, -98.4624. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33749, -98.46239 · 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
10,738 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 10,738 ft.

1 well

42-311331947010,738 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 202611520106.413.05$2,754
Apr 20262847598.932.87$4,133
Mar 20262351589.753.15$3,686
Feb 20262135463.503.75$2,661
Jan 20261635859.138.00$3,809
Dec 20252045956.664.41$3,159
Nov 20251737058.593.93$2,449
Oct 2025446659.383.30$1,778
Sep 2025732362.743.08$1,433
Aug 2025548763.933.01$1,788
Jul 2025650366.743.32$2,068
Jun 2025741866.483.13$1,773
May 20251016660.553.23$1,142
Apr 20251244062.363.54$2,307
Mar 2025627767.704.27$1,589
Feb 20251036070.884.34$2,272
Jan 2025736974.324.28$2,099
Dec 2024737268.993.12$1,644
Nov 2024421569.052.20$749
Oct 2024526171.372.28$952
Sep 2024717769.612.36$906
Aug 2024930175.632.06$1,302
Jul 20241025179.932.15$1,338
Jun 2024510878.082.63$675
May 2024654778.812.20$1,675
Apr 2024212784.451.66$380
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240973.023.30$30
Dec 20231035371.262.61$1,634
Nov 202369377.892.81$728
Oct 2023429885.443.09$1,262
Sep 2023320789.042.74$833
Aug 2023719580.522.67$1,085
Jul 2023512874.852.64$712
Jun 2023421468.962.26$759
May 2023932570.622.23$1,359
Apr 2023410478.122.24$545
Mar 2023712372.852.39$804
Feb 2023714975.112.47$893
Jan 202359276.533.39$694
Dec 20221220176.415.73$2,068
Nov 20221333385.005.65$2,985
Oct 2022529387.185.86$2,154
Sep 2022620984.888.16$2,215
Aug 2022725694.529.13$2,998
Jul 20226272101.587.54$2,661
Jun 20226191115.097.98$2,214
May 20226253109.378.43$2,790
Apr 202210233104.226.84$2,635
Mar 20228165108.885.08$1,709
Feb 20221117091.054.86$1,828
Jan 2022916781.844.54$1,494
Dec 20211128171.323.90$1,880
Nov 2021514877.435.24$1,162
Oct 20211414279.795.71$1,928
Sep 20211415369.865.35$1,797
Aug 2021811166.024.22$997
Jul 2021814770.783.98$1,152
Jun 20211211669.493.38$1,226
May 202189463.483.02$792
Apr 2021818960.362.76$1,004
Mar 20211217461.302.72$1,208
Feb 202178257.805.55$860
Jan 20211225850.412.81$1,330
Dec 202064544.642.68$388
Nov 202047538.772.71$358
Oct 20201036.972.48$37
Sep 202066937.091.99$360
Aug 2020318139.982.39$552
Jul 2020431038.371.83$719
Jun 20201017134.901.69$638
May 2020015516.921.81$281
Apr 202043314.751.80$119
Mar 20201018430.341.86$645
Feb 20201623849.881.98$1,269
Jan 20201520857.252.09$1,294
Dec 2019919659.012.30$983
Nov 20191669455.302.75$2,794
Oct 2019116053.472.42$440
Sep 20190155.052.66$3
Aug 2019121753.112.30$553
Jul 2019137056.272.46$966
Jun 2019123252.782.49$631
May 2019346058.482.74$1,436
Apr 2019920062.632.75$1,114
Mar 20191330356.803.06$1,666
Feb 20191019350.852.79$1,047
Jan 20191121846.033.23$1,210
Dec 2018916246.594.19$1,097
Nov 20181123452.934.24$1,574
Oct 2018022861.443.40$775
Sep 2018024859.543.11$771
Aug 2018019159.403.07$586
Jul 2018021265.142.93$622
Jun 201804060.183.08$123
May 201804365.382.90$125
Apr 201815563.842.90$223
Mar 201807461.222.79$206
Feb 201808061.782.77$221
Jan 2018016862.874.01$674
Dec 2017028257.272.92$824
Nov 2017027055.423.12$842
Oct 2017022549.292.98$671
Sep 2017031547.523.09$972
Aug 201703145.373.00$93
Jul 2017015843.873.09$488
Jun 2017047242.493.09$1,457
May 2017033245.373.26$1,083
Apr 2017012747.933.21$408
Mar 2017022446.772.98$668
Feb 2017015150.452.95$446
Jan 2017019549.413.42$667
Dec 2016328948.763.72$1,222
Nov 2016032242.492.64$851
Oct 2016022846.193.09$705
Sep 2016036641.553.10$1,135
Aug 2016038341.442.92$1,120
Jul 2016033941.622.92$991
Jun 2016038345.352.69$1,029
May 2016141242.521.99$863
Apr 2016422936.561.99$602
Mar 201602233.011.79$39
Feb 20160026.472.06$0
Jan 20161027.352.36$27
Dec 2015411432.362.00$358
Nov 2015530538.792.17$855
Oct 20151649943.552.43$1,908
Sep 20151216942.992.76$982
Aug 201533240.162.87$212
Jul 20156048.152.95$289
Jun 20153317056.152.88$2,343
May 20155439155.212.96$4,137
Apr 20155030449.822.71$3,314
Mar 20152836742.892.93$2,278
Feb 2015522644.662.98$896
Jan 2015123543.433.10$772
Dec 2014127554.693.59$1,042
Nov 2014340970.464.25$1,950
Oct 2014132178.303.90$1,331
Sep 2014127386.164.05$1,191
Aug 2014127689.394.04$1,203
Jul 2014133696.564.18$1,501
Jun 2014125198.164.74$1,287
May 2014124794.734.73$1,262
Apr 2014131695.944.81$1,616
Mar 2014127795.895.06$1,497
Feb 2014126797.406.19$1,751
Jan 2014133990.404.86$1,738
Dec 2013122491.824.35$1,067
Nov 2013136888.853.74$1,465
Oct 2013355897.423.78$2,401
Sep 20132493104.113.72$2,041
Aug 20133704104.253.52$2,793
Jul 20133780102.523.72$3,207
Jun 2013367394.403.93$2,930
May 2013372194.834.15$3,276
Apr 2013476993.964.28$3,669
Mar 2013580793.623.91$3,626
Feb 2013471991.233.42$2,824
Jan 2013579191.603.42$3,163
Dec 2012482686.773.42$3,172
Nov 2012581986.953.62$3,404
Oct 2012485889.383.40$3,274
Sep 2012588394.672.92$3,050
Aug 2012694492.662.91$3,301
Jul 2012496385.133.02$3,250
Jun 2012488179.822.52$2,539
May 2012591791.612.49$2,740
Apr 20125948101.652.00$2,401
Mar 201251,004105.052.22$2,756
Feb 20125902101.102.57$2,824
Jan 2012598398.092.73$3,178
Dec 2011497796.873.24$3,553
Nov 201151,00995.723.31$3,820
Oct 2011599884.983.65$4,066
Sep 2011399283.623.99$4,205
Aug 201141,05883.404.15$4,724
Jul 2011383294.144.52$4,041
Jun 2011228392.904.64$1,499
May 2011231898.134.40$1,597
Apr 20112296105.964.33$1,495
Mar 2011232896.364.06$1,524
Feb 2011230085.644.18$1,425
Jan 2011331886.504.59$1,719
Dec 2010431585.734.35$1,712
Nov 2010334180.843.80$1,537
Oct 2010338478.103.51$1,582
Sep 2010335672.633.98$1,635
Aug 2010233473.684.42$1,623
Jul 2010122772.554.74$1,148
Jun 2010125670.364.91$1,327
May 2010229771.124.24$1,400
Apr 2010236181.694.12$1,652
Mar 2010233778.394.39$1,636
Feb 2010124373.585.44$1,396
Jan 2010342374.365.96$2,746
Dec 2009645271.445.48$2,907
Nov 2009547474.593.75$2,151
Oct 2009748872.544.11$2,514
Sep 2009443165.543.06$1,583
Aug 2009341667.423.22$1,541
Jul 2009243161.133.46$1,615
Jun 2009347466.163.90$2,045
May 2009348654.743.93$2,072
Apr 2009457646.773.59$2,253
Mar 2009252042.144.06$2,195
Feb 2009241032.814.63$1,965
Jan 2009260135.865.37$3,300
Dec 2008156337.105.98$3,402
Nov 2008251455.496.86$3,637
Oct 2008254175.246.92$3,895
Sep 20081565101.767.88$4,552
Aug 20081771114.228.48$6,655
Jul 20081801131.0811.39$9,254
Jun 20082813131.3313.03$10,858
May 20081826123.1711.57$9,684
Apr 20082757110.3110.45$8,135
Mar 20082891101.909.66$8,814
Feb 2008299192.538.77$8,877
Jan 200821,14890.388.21$9,601
Dec 200721,28688.337.30$9,567
Nov 200721,49991.677.29$11,114
Oct 200731,41482.856.92$10,036
Sep 200721,54675.846.24$9,805
Aug 200721,52369.066.39$9,867
Jul 200721,50870.906.39$9,775
Jun 200721,52562.007.55$11,635
May 200731,57358.747.85$12,518
Apr 200721,65059.617.81$12,998
Mar 200731,77756.927.30$13,146
Feb 200721,38955.108.22$11,522
Jan 200741,94250.306.73$13,265
Dec 200661,95456.656.92$13,859
Nov 200672,12754.207.62$16,582
Oct 200662,08354.906.01$12,856
Sep 200632,07160.085.04$10,612
Aug 200641,99168.717.34$14,889
Jul 200642,11269.376.34$13,673
Jun 200642,26966.286.38$14,750
May 200642,41466.016.42$15,774
Apr 200632,27664.397.36$16,946
Mar 200632,34756.707.08$16,794
Feb 200642,14257.597.75$16,833
Jan 200632,34960.598.93$21,166
Dec 200531,94254.9413.42$26,218
Nov 200531,77754.6910.59$18,980
Oct 200531,93258.3413.80$26,828
Sep 200541,77861.4512.08$21,722
Aug 200531,94861.519.80$19,269
Jul 200541,03755.697.84$8,357
Jun 200551,56852.337.38$11,835
May 200551,67745.226.65$11,380
Apr 200541,66549.207.36$12,452
Mar 200551,73550.377.15$12,666
Feb 200541,61445.226.31$10,368
Jan 2005121,81343.166.32$11,980
Dec 2004171,84639.866.75$13,140
Nov 2004171,72445.286.33$11,683
Oct 2004181,79049.706.52$12,557
Sep 2004151,72043.245.28$9,737
Aug 2004121,73242.375.55$10,122
Jul 200441,75538.286.08$10,831
Jun 200421,92936.106.43$12,482
May 200431,98037.486.49$12,972
Apr 200431,93734.475.86$11,451
Mar 200432,02134.365.53$11,279
Feb 200431,95132.455.51$10,847
Jan 200452,09332.036.30$13,345
Dec 200342,08930.266.30$13,285
Nov 200332,06228.804.60$9,562
Oct 200332,41028.174.76$11,555
Sep 200322,24926.314.75$10,734
Aug 200322,36129.765.13$12,171
Jul 200332,34229.415.17$12,198
Jun 200332,11428.565.98$12,734
May 200332,40426.595.97$14,438
Apr 200332,49826.675.41$13,587
Mar 200332,20631.146.10$13,541
Feb 200352,19833.487.93$17,588
Jan 200352,57230.315.58$14,509
Dec 200232,20426.914.85$10,778
Nov 200272,23224.664.14$9,406
Oct 200272,63626.464.23$11,333
Sep 200242,66927.443.64$9,812
Aug 200242,48925.963.16$7,979
Jul 200252,61724.583.06$8,136
Jun 200292,59423.733.34$8,873
May 200292,81024.663.58$10,293
Apr 2002384523.653.51$3,039
Mar 200232,98622.003.10$9,331
Feb 200212,38918.222.38$5,694
Jan 200232,70017.172.38$6,466
Dec 2001512,86516.932.36$7,637
Nov 2001772,80818.072.41$8,146
Oct 200183,08419.782.53$7,957
Sep 2001593,03624.262.25$8,266
Aug 2001233,18724.873.05$10,302
Jul 2001113,26923.933.20$10,714
Jun 200193,25124.563.82$12,653
May 2001113,44925.524.31$15,137
Apr 200183,59824.685.34$19,394
Mar 200143,87224.545.38$20,916
Feb 2001233,64527.755.77$21,659
Jan 2001264,26327.478.40$36,518
Dec 2000234,40326.889.12$40,785
Nov 2000214,55132.215.66$26,426
Oct 2000194,88131.235.15$25,709
Sep 2000104,80931.875.19$25,261
Aug 2000125,30329.644.54$24,435
Jul 2000255,27328.534.09$22,279
Jun 2000155,24329.304.40$23,494
May 2000165,81827.263.68$21,845
Apr 2000135,73824.513.12$18,198
Mar 200026,08428.422.86$17,456
Feb 2000145,96427.622.73$16,648
Jan 2000156,55625.272.48$16,641
Dec 1999187,15624.282.42$17,781
Nov 1999197,44323.192.43$18,557
Oct 1999148,45620.982.80$24,002
Sep 1999268,66021.752.62$23,245
Aug 1999177,26719.262.88$21,224
Jul 1999158,49917.892.37$20,431
Jun 1999169,64415.942.36$23,035
May 19993411,01715.792.32$26,108
Apr 19992611,16415.102.21$25,043
Mar 19992013,49312.471.84$25,054
Feb 1999105,0989.981.82$9,367
Jan 1999101,77510.381.90$3,476
Dec 1998202,8489.201.77$5,234
Nov 1998283,87610.892.19$8,777
Oct 1998233,88512.421.97$7,936
Sep 1998184,05512.592.08$8,672
Aug 1998204,33411.301.91$8,492
Jul 1998193,93711.742.24$9,031
Jun 1998204,02011.242.24$9,219
May 1998204,11312.622.21$9,327
Apr 1998265,07013.042.51$13,041
Mar 1998225,17012.802.31$12,221
Feb 1998244,68913.952.30$11,115
Jan 1998285,43614.702.15$12,125
Dec 1997255,49516.322.41$13,657
Nov 1997265,62818.193.09$17,854
Oct 1997296,04419.253.15$19,596
Sep 1997306,16717.742.95$18,755
Aug 1997266,40817.862.55$16,835
Jul 1997286,71817.582.25$15,587
Jun 19971126,79917.242.26$17,278
May 1997827,37018.972.31$18,569
Apr 1997897,63217.882.08$17,487
Mar 1997988,26618.951.94$17,886
Feb 19971018,97320.492.21$21,863
Jan 19979811,10723.483.54$41,616
Dec 19967712,50323.32$1,796
Nov 19967913,00421.97$1,736
Oct 19969514,70923.31$2,214
Sep 199611014,39822.22$2,444
Aug 199620220,74320.26$4,093
Jul 199656625,53119.55$11,065
Jun 19960018.73$0

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            11 bbl  × $106.41 =     $1,171
Gas                  520 Mcf  × $  3.05 =     $1,584

────────────────────────────────────────────────────
Month total                                   $2,754

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/159028 is the state's own key, not one this site invented.