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 159068District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jun 1996 – May 2026
Value, last 12 filed months
$10 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 Gas111996-09-18135186
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
CondensateDisposition4,752 bbl$291,290
GasProduction717,958 Mcf$2,277,269
Total$2,568,559

123,206 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 28.3351, -98.4546. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33511, -98.45461 · 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
10,922 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 10,922 ft.

Completions filed
Apr 1997
1 of 1 wells

1 well

42-311331573810,922 ftApr 1997

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 20261186106.413.05$673
Apr 2026916498.932.87$1,361
Mar 2026614789.753.15$1,001
Feb 202646263.503.75$487
Jan 2026410859.138.00$1,100
Dec 2025613456.664.41$931
Nov 2025514458.593.93$858
Oct 2025028159.383.30$929
Sep 2025122362.743.08$749
Aug 2025023263.933.01$699
Jul 2025131566.743.32$1,111
Jun 2025114166.483.13$508
May 20251310760.553.23$1,133
Apr 20251330362.363.54$1,884
Mar 2025412067.704.27$783
Feb 2025717270.884.34$1,243
Jan 202539974.324.28$647
Dec 20241036468.993.12$1,826
Nov 2024515969.052.20$695
Oct 2024622371.372.28$937
Sep 20241019969.612.36$1,167
Aug 20241531475.632.06$1,782
Jul 20242327679.932.15$2,431
Jun 20241534178.082.63$2,069
May 2024820878.812.20$1,088
Apr 2024434384.451.66$907
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240673.023.30$20
Dec 20231023871.262.61$1,334
Nov 202378177.892.81$773
Oct 2023538685.443.09$1,619
Sep 2023534489.042.74$1,386
Aug 2023512180.522.67$726
Jul 2023816374.852.64$1,029
Jun 2023417068.962.26$660
May 20231023370.622.23$1,225
Apr 202358478.122.24$579
Mar 20231125072.852.39$1,400
Feb 2023817075.112.47$1,020
Jan 202337576.533.39$484
Dec 202288976.415.73$1,121
Nov 2022918685.005.65$1,815
Oct 2022819787.185.86$1,853
Sep 2022813884.888.16$1,806
Aug 2022611094.529.13$1,571
Jul 20227160101.587.54$1,918
Jun 2022897115.097.98$1,695
May 20226117109.378.43$1,643
Apr 202210111104.226.84$1,801
Mar 202213140108.885.08$2,126
Feb 20221115191.054.86$1,735
Jan 20221621281.844.54$2,271
Dec 20211528171.323.90$2,165
Nov 20211018077.435.24$1,717
Oct 20211323679.795.71$2,386
Sep 20211316369.865.35$1,780
Aug 2021812666.024.22$1,060
Jul 2021914370.783.98$1,206
Jun 20211316469.493.38$1,458
May 2021916863.483.02$1,078
Apr 2021617660.362.76$848
Mar 2021922261.302.72$1,155
Feb 2021810557.805.55$1,045
Jan 2021920750.412.81$1,035
Dec 20201210744.642.68$822
Nov 202088538.772.71$540
Oct 20202036.972.48$74
Sep 202083437.091.99$364
Aug 2020727839.982.39$943
Jul 2020631538.371.83$805
Jun 20201315834.901.69$721
May 2020019716.921.81$358
Apr 202023714.751.80$96
Mar 2020626030.341.86$665
Feb 2020933249.881.98$1,107
Jan 2020729057.252.09$1,008
Dec 2019425959.012.30$833
Nov 2019257555.302.75$1,692
Oct 201916453.472.42$208
Sep 201903755.052.66$98
Aug 20190053.112.30$0
Jul 20190156.272.46$2
Jun 201916452.782.49$212
May 2019014458.482.74$395
Apr 2019181762.632.75$2,310
Mar 201931,73456.803.06$5,480
Feb 201941,50550.852.79$4,406
Jan 201951,34246.033.23$4,562
Dec 2018371046.594.19$3,111
Nov 20180052.934.24$0
Oct 2018123461.443.40$857
Sep 2018187159.543.11$2,767
Aug 201811,38759.403.07$4,313
Jul 2018185365.142.93$2,566
Jun 2018131060.183.08$1,014
May 2018176265.382.90$2,276
Apr 201811,37663.842.90$4,055
Mar 201821,60961.222.79$4,606
Feb 201813,08561.782.77$8,595
Jan 2018192062.874.01$3,751
Dec 2017123357.272.92$738
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017013947.523.09$429
Aug 2017130645.373.00$965
Jul 2017153343.873.09$1,689
Jun 2017195242.493.09$2,982
May 2017154445.373.26$1,821
Apr 2017179647.933.21$2,604
Mar 2017162846.772.98$1,921
Feb 2017142750.452.95$1,311
Jan 2017148949.413.42$1,721
Dec 2016158948.763.72$2,242
Nov 2016158542.492.64$1,589
Oct 2016129546.193.09$958
Sep 2016143041.553.10$1,375
Aug 2016156841.442.92$1,702
Jul 2016254041.622.92$1,662
Jun 2016250945.352.69$1,458
May 2016154242.521.99$1,122
Apr 2016184536.561.99$1,719
Mar 2016162033.011.79$1,145
Feb 2016155326.472.06$1,168
Jan 2016168427.352.36$1,645
Dec 2015168332.362.00$1,399
Nov 2015241538.792.17$977
Oct 201531,81043.552.43$4,523
Sep 201531,15042.992.76$3,301
Aug 201535,37240.162.87$15,552
Jul 201532,70248.152.95$8,102
Jun 201501,72156.152.88$4,961
May 2015081955.212.96$2,421
Apr 201501,06949.822.71$2,893
Mar 201501,19442.892.93$3,504
Feb 2015088144.662.98$2,622
Jan 201501,36443.433.10$4,229
Dec 201401,24354.693.59$4,464
Nov 201401,16370.464.25$4,945
Oct 201401,13778.303.90$4,435
Sep 201401,04786.164.05$4,236
Aug 2014095289.394.04$3,841
Jul 201401,00096.564.18$4,180
Jun 201401,06398.164.74$5,035
May 2014075094.734.73$3,545
Apr 2014092295.944.81$4,434
Mar 201401,16195.895.06$5,871
Feb 201401,29297.406.19$8,000
Jan 2014079390.404.86$3,855
Dec 201301,06591.824.35$4,638
Nov 201301,06288.853.74$3,970
Oct 2013092297.423.78$3,485
Sep 20130354104.113.72$1,316
Aug 201383742104.253.52$11,267
Jul 2013463803102.523.72$50,452
Jun 201371871294.403.93$70,580
May 201349774694.834.15$50,226
Apr 2013389293.964.28$4,102
Mar 2013462393.623.91$2,812
Feb 2013481191.233.42$3,138
Jan 2013477791.603.42$3,024
Dec 2012492486.773.42$3,507
Nov 2012488686.953.62$3,560
Oct 2012375089.383.40$2,818
Sep 2012377194.672.92$2,534
Aug 2012357292.662.91$1,941
Jul 2012378685.133.02$2,630
Jun 2012266979.822.52$1,845
May 2012378691.612.49$2,231
Apr 20123813101.652.00$1,928
Mar 20124769105.052.22$2,129
Feb 201223870101.102.57$4,561
Jan 20123989698.092.73$6,275
Dec 20114191396.873.24$6,930
Nov 20113991595.723.31$6,763
Oct 20113184484.983.65$5,714
Sep 20111868383.623.99$4,227
Aug 2011780983.404.15$3,941
Jul 2011350394.144.52$2,555
Jun 2011456892.904.64$3,007
May 2011464698.134.40$3,238
Apr 20114532105.964.33$2,729
Mar 2011573396.364.06$3,456
Feb 2011148485.644.18$2,109
Jan 2011050586.504.59$2,317
Dec 2010081685.734.35$3,548
Nov 2010083780.843.80$3,177
Oct 2010083478.103.51$2,926
Sep 2010075972.633.98$3,020
Aug 2010066773.684.42$2,948
Jul 2010063172.554.74$2,989
Jun 2010059970.364.91$2,941
May 2010067271.124.24$2,846
Apr 2010071181.694.12$2,931
Mar 2010083878.394.39$3,678
Feb 2010188273.585.44$4,874
Jan 2010388074.365.96$5,471
Dec 2009692971.445.48$5,523
Nov 2009597174.593.75$4,016
Oct 2009473872.544.11$3,324
Sep 2009387965.543.06$2,891
Aug 2009276267.423.22$2,587
Jul 2009383261.133.46$3,066
Jun 2009365266.163.90$2,738
May 2009393854.743.93$3,847
Apr 200951,11946.773.59$4,248
Mar 2009389542.144.06$3,759
Feb 200921,02232.814.63$4,801
Jan 200921,14135.865.37$6,200
Dec 200811,06337.105.98$6,391
Nov 2008198355.496.86$6,799
Oct 2008186875.246.92$6,084
Sep 20081901101.767.88$7,199
Aug 200811,141114.228.48$9,793
Jul 20081912131.0811.39$10,518
Jun 20081987131.3313.03$12,995
May 20081947123.1711.57$11,084
Apr 20081877110.3110.45$9,279
Mar 200821,074101.909.66$10,583
Feb 200821,16392.538.77$10,385
Jan 200821,49290.388.21$12,424
Dec 200721,37388.337.30$10,202
Nov 200721,48691.677.29$11,019
Oct 200741,24882.856.92$8,970
Sep 200741,51775.846.24$9,776
Aug 200741,47369.066.39$9,686
Jul 200721,15270.906.39$7,501
Jun 200721,16862.007.55$8,941
May 200721,26458.747.85$10,035
Apr 200721,31359.617.81$10,367
Mar 200721,33156.927.30$9,833
Feb 200721,13255.108.22$9,411
Jan 200731,70250.306.73$11,600
Dec 200631,68256.656.92$11,807
Nov 200631,80554.207.62$13,912
Oct 200641,73654.906.01$10,660
Sep 200631,69760.085.04$8,728
Aug 200641,66968.717.34$12,525
Jul 200641,53969.376.34$10,039
Jun 200631,52666.286.38$9,941
May 200641,51166.016.42$9,972
Apr 200631,33064.397.36$9,983
Mar 200631,37456.707.08$9,902
Feb 200631,33957.597.75$10,552
Jan 200631,44360.598.93$13,073
Dec 200531,42354.9413.42$19,255
Nov 200531,34254.6910.59$14,374
Oct 200531,50158.3413.80$20,882
Sep 200541,35661.4512.08$16,625
Aug 200531,29961.519.80$12,911
Jul 2005387755.697.84$7,046
Jun 200541,07052.337.38$8,107
May 200541,21345.226.65$8,249
Apr 2005398949.207.36$7,427
Mar 200541,29950.377.15$9,496
Feb 200531,29645.226.31$8,316
Jan 200531,33743.166.32$8,582
Dec 2004397239.866.75$6,682
Nov 200431,29445.286.33$8,327
Oct 200431,15049.706.52$7,641
Sep 200431,30843.245.28$7,041
Aug 200431,42242.375.55$8,020
Jul 200431,29738.286.08$8,006
Jun 200421,10136.106.43$7,155
May 200431,59337.486.49$10,458
Apr 200431,69634.475.86$10,039
Mar 200431,89334.365.53$10,572
Feb 200431,94832.455.51$10,830
Jan 200452,07332.036.30$13,219
Dec 200342,04730.266.30$13,021
Nov 200341,74328.804.60$8,125
Oct 200391,62328.174.76$7,978
Sep 2003101,67626.314.75$8,223
Aug 2003111,86229.765.13$9,879
Jul 200371,91629.415.17$10,113
Jun 200361,98528.565.98$12,048
May 200351,83626.595.97$11,099
Apr 200341,61726.675.41$8,850
Mar 200351,84331.146.10$11,391
Feb 200341,82433.487.93$14,591
Jan 200342,16430.315.58$12,201
Dec 200232,08626.914.85$10,206
Nov 200252,18924.664.14$9,179
Oct 200252,37826.464.23$10,189
Sep 200262,30227.443.64$8,533
Aug 200242,26025.963.16$7,255
Jul 200232,51824.583.06$7,783
Jun 200222,24823.733.34$7,552
May 200232,68824.663.58$9,708
Apr 200232,65223.653.51$9,386
Mar 200232,85622.003.10$8,927
Feb 200212,74618.222.38$6,542
Jan 200232,93417.172.38$7,022
Dec 2001103,18616.932.36$7,702
Nov 2001132,86818.072.41$7,134
Oct 200133,20519.782.53$8,164
Sep 200163,23124.262.25$7,420
Aug 200143,11124.873.05$9,598
Jul 200183,18723.933.20$10,381
Jun 200153,54024.563.82$13,660
May 200123,63425.524.31$15,704
Apr 200133,41424.685.34$18,289
Mar 2001124,03224.545.38$21,972
Feb 2001103,64627.755.77$21,304
Jan 2001124,08827.478.40$34,664
Dec 2000114,53126.889.12$41,630
Nov 2000104,86032.215.66$27,820
Oct 2000125,18231.235.15$27,039
Sep 2000104,72831.875.19$24,840
Aug 2000124,97029.644.54$22,923
Jul 2000254,96528.534.09$21,019
Jun 2000284,87929.304.40$22,275
May 2000345,75227.263.68$22,093
Apr 2000265,72024.513.12$18,461
Mar 200065,92228.422.86$17,106
Feb 2000475,93127.622.73$17,469
Jan 2000346,58625.272.48$17,196
Dec 1999367,23424.282.42$18,407
Nov 1999386,90223.192.43$17,681
Oct 1999287,21520.982.80$20,816
Sep 1999236,59521.752.62$17,772
Aug 1999158,85319.262.88$25,747
Jul 1999308,30417.892.37$20,237
Jun 1999267,55115.942.36$18,251
May 19991015.792.32$16
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999122,51110.381.90$4,895
Dec 1998233,9569.201.77$7,227
Nov 1998254,04510.892.19$9,113
Oct 1998234,66312.421.97$9,468
Sep 1998164,85312.592.08$10,308
Aug 1998185,22311.301.91$10,165
Jul 1998205,41611.742.24$12,352
Jun 1998215,46811.242.24$12,469
May 1998236,12212.622.21$13,797
Apr 1998256,48113.042.51$16,563
Mar 1998298,94612.802.31$21,031
Feb 1998256,24113.952.30$14,698
Jan 1998297,41514.702.15$16,404
Dec 1997267,73616.322.41$19,077
Nov 1997267,75218.193.09$24,413
Oct 1997288,14319.253.15$26,188
Sep 1997118,22917.742.95$24,511
Aug 1997119,31017.862.55$23,981
Jul 199765,35717.582.25$12,142
Jun 1997213,84017.242.26$9,030
May 19979310,47818.972.31$25,953
Apr 199710811,64417.882.08$26,183
Mar 199712613,27218.951.94$28,124
Feb 199710010,97620.492.21$26,261
Jan 19977813,92623.483.54$51,125
Dec 19964616,12923.32$1,073
Nov 19964618,27121.97$1,011
Oct 19965219,50823.31$1,212
Sep 19965120,61522.22$1,133
Aug 19965423,90920.26$1,094
Jul 19965124,77419.55$997
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             1 bbl  × $106.41 =       $106
Gas                  186 Mcf  × $  3.05 =       $567

────────────────────────────────────────────────────
Month total                                     $673

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/159068 is the state's own key, not one this site invented.