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 159070District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 1996 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
359
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 Gas111996-09-18135185
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
CondensateDisposition3,281 bbl$93,147
GasProduction465,673 Mcf$1,312,855
Total$1,406,002

85,512 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 28.3744, -98.4654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37443, -98.46537 · 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
10,415 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 10,415 ft.

1 well

42-311332066310,415 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 (359)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

359 months

May 20262113106.413.05$557
Apr 20261131698.932.87$1,995
Mar 20261462689.753.15$3,228
Feb 20261355463.503.75$2,903
Jan 2026952059.138.00$4,691
Dec 2025751556.664.41$2,670
Nov 2025643358.593.93$2,052
Oct 2025256459.383.30$1,983
Sep 20250062.743.08$0
Aug 2025115763.933.01$537
Jul 2025221666.743.32$850
Jun 2025333366.483.13$1,241
May 2025345660.553.23$1,656
Apr 2025250262.363.54$1,903
Mar 2025212767.704.27$677
Feb 2025431870.884.34$1,664
Jan 2025229674.324.28$1,415
Dec 2024425968.993.12$1,084
Nov 2024338069.052.20$1,043
Oct 2024447271.372.28$1,362
Sep 2024325969.612.36$821
Aug 2024344475.632.06$1,143
Jul 2024428879.932.15$938
Jun 2024336578.082.63$1,196
May 202428778.812.20$349
Apr 2024115284.451.66$337
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402273.023.30$73
Dec 2023636271.262.61$1,373
Nov 2023350877.892.81$1,660
Oct 20230085.443.09$0
Sep 20231089.042.74$89
Aug 20233580.522.67$255
Jul 2023410474.852.64$574
Jun 202319168.962.26$274
May 2023423470.622.23$804
Apr 2023212478.122.24$434
Mar 2023218372.852.39$584
Feb 2023313575.112.47$558
Jan 2023216776.533.39$719
Dec 2022216876.415.73$1,115
Nov 202218485.005.65$559
Oct 2022212787.185.86$919
Sep 2022215384.888.16$1,419
Aug 2022210394.529.13$1,129
Jul 2022188101.587.54$765
Jun 20224189115.097.98$1,968
May 20223175109.378.43$1,804
Apr 20222238104.226.84$1,836
Mar 20222239108.885.08$1,431
Feb 2022214091.054.86$862
Jan 20221081.844.54$82
Dec 2021219271.323.90$891
Nov 2021222177.435.24$1,312
Oct 2021324679.795.71$1,645
Sep 2021319369.865.35$1,242
Aug 2021237166.024.22$1,698
Jul 2021239570.783.98$1,714
Jun 2021222869.493.38$910
May 2021114463.483.02$498
Apr 2021329860.362.76$1,003
Mar 2021518661.302.72$812
Feb 2021436057.805.55$2,228
Jan 2021324450.412.81$837
Dec 2020334844.642.68$1,065
Nov 2020224638.772.71$743
Oct 20201036.972.48$37
Sep 2020230537.091.99$681
Aug 2020121039.982.39$541
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 202001316.921.81$24
Apr 20200414.751.80$7
Mar 20200230.341.86$4
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201902059.012.30$46
Nov 201919055.302.75$303
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 201901158.482.74$30
Apr 201913762.632.75$164
Mar 2019210356.803.06$429
Feb 2019212250.852.79$442
Jan 201918746.033.23$327
Dec 20180046.594.19$0
Nov 201814852.934.24$256
Oct 2018014161.443.40$479
Sep 2018022259.543.11$690
Aug 20180259.403.07$6
Jul 201804765.142.93$138
Jun 201801660.183.08$49
May 2018011665.382.90$336
Apr 201807763.842.90$223
Mar 201805961.222.79$164
Feb 20180061.782.77$0
Jan 201804562.874.01$180
Dec 2017019857.272.92$578
Nov 201701655.423.12$50
Oct 20170849.292.98$24
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017020142.493.09$621
May 201708045.373.26$261
Apr 201702847.933.21$90
Mar 2017011446.772.98$340
Feb 20170050.452.95$0
Jan 201703149.413.42$106
Dec 20160248.763.72$7
Nov 20160942.492.64$24
Oct 20160446.193.09$12
Sep 20160741.553.10$22
Aug 2016031941.442.92$933
Jul 2016178641.622.92$2,340
Jun 201611,07945.352.69$2,943
May 201641,29742.521.99$2,752
Apr 201682,50236.561.99$5,274
Mar 2016122,37233.011.79$4,652
Feb 201692,49426.472.06$5,385
Jan 201681,03327.352.36$2,661
Dec 201591,20532.362.00$2,703
Nov 2015696638.792.17$2,326
Oct 201552,12343.552.43$5,369
Sep 2015103,69542.992.76$10,622
Aug 2015111,29740.162.87$4,167
Jul 2015388248.152.95$2,742
Jun 2015125656.152.88$794
May 2015020255.212.96$597
Apr 2015110049.822.71$320
Mar 201508642.892.93$252
Feb 201509044.662.98$268
Jan 201508143.433.10$251
Dec 201404954.693.59$176
Nov 201407970.464.25$336
Oct 201408778.303.90$339
Sep 201403486.164.05$138
Aug 2014010789.394.04$432
Jul 201408296.564.18$343
Jun 2014012898.164.74$606
May 201404894.734.73$227
Apr 201407295.944.81$346
Mar 201407995.895.06$399
Feb 201407697.406.19$471
Jan 201408890.404.86$428
Dec 2013010791.824.35$466
Nov 201303188.853.74$116
Oct 201308097.423.78$302
Sep 2013092104.113.72$342
Aug 20130101104.253.52$356
Jul 2013049102.523.72$182
Jun 201306094.403.93$236
May 201306694.834.15$274
Apr 201307693.964.28$325
Mar 201307693.623.91$297
Feb 2013010591.233.42$359
Jan 201329991.603.42$522
Dec 2012313886.773.42$732
Nov 2012414186.953.62$859
Oct 2012735989.383.40$1,846
Sep 2012737994.672.92$1,769
Aug 2012632992.662.91$1,513
Jul 2012027385.133.02$825
Jun 2012024579.822.52$617
May 2012137791.612.49$1,030
Apr 20121300101.652.00$701
Mar 20120342105.052.22$760
Feb 20121728101.102.57$1,972
Jan 2012163298.092.73$1,826
Dec 2011175396.873.24$2,536
Nov 2011159595.723.31$2,066
Oct 2011161584.983.65$2,329
Sep 2011159283.623.99$2,443
Aug 2011161383.404.15$2,627
Jul 2011254094.144.52$2,628
Jun 2011339592.904.64$2,111
May 2011454798.134.40$2,802
Apr 20113479105.964.33$2,394
Mar 2011466696.364.06$3,088
Feb 2011245285.644.18$2,061
Jan 2011137686.504.59$1,812
Dec 2010236485.734.35$1,754
Nov 2010139780.843.80$1,588
Oct 2010139278.103.51$1,454
Sep 2010234172.633.98$1,502
Aug 2010236973.684.42$1,778
Jul 2010133672.554.74$1,664
Jun 2010033770.364.91$1,655
May 2010034971.124.24$1,478
Apr 2010038081.694.12$1,567
Mar 2010040478.394.39$1,773
Feb 2010029273.585.44$1,589
Jan 2010027374.365.96$1,628
Dec 2009027071.445.48$1,481
Nov 2009032374.593.75$1,212
Oct 2009028172.544.11$1,155
Sep 2009127065.543.06$893
Aug 2009020367.423.22$653
Jul 2009023961.133.46$828
Jun 2009019366.163.90$752
May 2009021254.743.93$832
Apr 2009118646.773.59$714
Mar 2009023142.144.06$938
Feb 2009012132.814.63$561
Jan 2009015835.865.37$849
Dec 2008015137.105.98$903
Nov 2008021455.496.86$1,468
Oct 2008017875.246.92$1,232
Sep 20080156101.767.88$1,229
Aug 20080183114.228.48$1,552
Jul 20080213131.0811.39$2,426
Jun 20080136131.3313.03$1,772
May 20080222123.1711.57$2,569
Apr 2008182110.3110.45$968
Mar 20080281101.909.66$2,716
Feb 20080092.538.77$0
Jan 2008014590.388.21$1,190
Dec 2007014888.337.30$1,081
Nov 2007015991.677.29$1,159
Oct 2007114482.856.92$1,080
Sep 2007110975.846.24$756
Aug 20071969.066.39$127
Jul 2007012270.906.39$779
Jun 2007010462.007.55$785
May 2007011658.747.85$910
Apr 200709859.617.81$765
Mar 200707956.927.30$577
Feb 200705355.108.22$435
Jan 200714650.306.73$360
Dec 200625356.656.92$480
Nov 200625254.207.62$505
Oct 2006313054.906.01$946
Sep 2006215860.085.04$916
Aug 2006853968.717.34$4,506
Jul 2006462669.376.34$4,248
Jun 2006258066.286.38$3,835
May 2006269966.016.42$4,623
Apr 2006768664.397.36$5,500
Mar 2006767456.707.08$5,171
Feb 2006655857.597.75$4,671
Jan 2006578160.598.93$7,280
Dec 2005457154.9413.42$7,880
Nov 2005459554.6910.59$6,519
Oct 2005562058.3413.80$8,845
Sep 2005858761.4512.08$7,582
Aug 2005390161.519.80$9,011
Jul 200511,41155.697.84$11,123
Jun 2005268152.337.38$5,131
May 200531,01545.226.65$6,887
Apr 2005752449.207.36$4,201
Mar 2005151,53750.377.15$11,753
Feb 2005161,42845.226.31$9,737
Jan 200541,70643.166.32$10,958
Dec 200431,00139.866.75$6,877
Nov 200421,49845.286.33$9,574
Oct 200431,69549.706.52$11,192
Sep 200421,55043.245.28$8,277
Aug 200421,18442.375.55$6,657
Jul 200441,31238.286.08$8,136
Jun 2004495936.106.43$6,314
May 200451,10537.486.49$7,364
Apr 200491,35034.475.86$8,219
Mar 2004141,18334.365.53$7,023
Feb 2004151,41532.455.51$8,283
Jan 2004241,28632.036.30$8,870
Dec 2003221,44730.266.30$9,784
Nov 2003121,29828.804.60$6,310
Oct 200331,40028.174.76$6,748
Sep 200331,36626.314.75$6,567
Aug 2003111,20929.765.13$6,529
Jul 2003371,33829.415.17$8,007
Jun 2003411,29728.565.98$8,931
May 2003351,54526.595.97$10,158
Apr 2003211,58626.675.41$9,136
Mar 2003151,44331.146.10$9,264
Feb 2003141,24833.487.93$10,360
Jan 2003221,55030.315.58$9,319
Dec 2002231,38026.914.85$7,317
Nov 2002281,70924.664.14$7,761
Oct 2002201,88826.464.23$8,514
Sep 2002192,35827.443.64$9,093
Aug 2002171,64525.963.16$5,646
Jul 2002171,79624.583.06$5,917
Jun 2002181,78523.733.34$6,386
May 2002161,70624.663.58$6,509
Apr 2002171,61423.653.51$6,071
Mar 2002212,08322.003.10$6,925
Feb 2002221,89818.222.38$4,910
Jan 2002192,15217.172.38$5,439
Dec 2001212,17316.932.36$5,493
Nov 2001192,34518.072.41$5,984
Oct 200141,98619.782.53$5,101
Sep 200121,93824.262.25$4,412
Aug 2001121,94124.873.05$6,225
Jul 2001382,00723.933.20$7,326
Jun 2001312,18724.563.82$9,125
May 2001332,34025.524.31$10,921
Apr 200182,27224.685.34$12,319
Mar 2001182,16024.545.38$12,055
Feb 2001122,13127.755.77$12,623
Jan 2001132,32327.478.40$19,867
Dec 2000132,51126.889.12$23,256
Nov 2000122,36132.215.66$13,745
Oct 2000183,09231.235.15$16,472
Sep 2000162,89531.875.19$15,525
Aug 2000172,98429.644.54$14,053
Jul 2000112,51928.534.09$10,616
Jun 2000122,94529.304.40$13,302
May 2000233,32627.263.68$12,866
Apr 2000123,05924.513.12$9,826
Mar 2000203,31528.422.86$10,048
Feb 2000133,28027.622.73$9,302
Jan 2000163,97525.272.48$10,264
Dec 1999183,69624.282.42$9,395
Nov 1999193,67123.192.43$9,376
Oct 1999143,97920.982.80$11,450
Sep 1999143,97821.752.62$10,722
Aug 1999134,33919.262.88$12,728
Jul 1999294,53017.892.37$11,266
Jun 1999324,41315.942.36$10,934
May 1999434,96315.792.32$12,198
Apr 1999350515.102.21$1,160
Mar 1999265,51212.471.84$10,457
Feb 1999255,1589.981.82$9,626
Jan 1999315,96010.381.90$11,645
Dec 1998155,1599.201.77$9,287
Nov 1998125,57010.892.19$12,305
Oct 1998106,16712.421.97$12,268
Sep 1998116,96412.592.08$14,642
Aug 1998179,82611.301.91$18,934
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998662513.042.51$1,644
Mar 1998404,33012.802.31$10,512
Feb 1998304,60113.952.30$10,997
Jan 1998355,29514.702.15$11,924
Dec 1997305,31916.322.41$13,314
Nov 1997295,46218.193.09$17,396
Oct 1997315,82319.253.15$18,938
Sep 1997385,93617.742.95$18,214
Aug 1997306,31717.862.55$16,674
Jul 1997316,52817.582.25$15,213
Jun 1997436,70717.242.26$15,880
May 1997477,25118.972.31$17,631
Apr 1997527,61117.882.08$16,782
Mar 1997458,63718.951.94$17,601
Feb 1997327,95720.492.21$18,208
Jan 1997479,70723.483.54$35,463
Dec 19966310,82923.32$1,469
Nov 199615510,88721.97$3,405
Oct 199618111,95423.31$4,219
Sep 199616413,77522.22$3,644
Aug 199617617,30020.26$3,566
Jul 199619120,76719.55$3,734

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             2 bbl  × $106.41 =       $213
Gas                  113 Mcf  × $  3.05 =       $344

────────────────────────────────────────────────────
Month total                                     $557

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/159070 is the state's own key, not one this site invented.