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 159143District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 1996 – May 2026
Value, last 12 filed months
$7 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 Gas111996-09-19135218
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
CondensateDisposition1,418 bbl$38,460
GasProduction407,749 Mcf$1,323,320
Total$1,361,780

64,341 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 28.3377, -98.4501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33766, -98.45011 · 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
11,003 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 11,003 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-311331996711,003 ftJul 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 (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 20260129106.413.05$393
Apr 2026015698.932.87$448
Mar 2026011489.753.15$359
Feb 2026013563.503.75$506
Jan 2026011959.138.00$952
Dec 2025020256.664.41$892
Nov 2025016258.593.93$636
Oct 2025012159.383.30$400
Sep 2025018162.743.08$557
Aug 2025020163.933.01$606
Jul 2025020166.743.32$666
Jun 2025016466.483.13$513
May 2025012860.553.23$414
Apr 2025023362.363.54$826
Mar 2025022667.704.27$965
Feb 2025021470.884.34$929
Jan 2025027774.324.28$1,185
Dec 2024026968.993.12$840
Nov 2024013969.052.20$306
Oct 2024029271.372.28$666
Sep 2024026869.612.36$634
Aug 2024034875.632.06$718
Jul 2024039179.932.15$839
Jun 2024026878.082.63$706
May 2024076578.812.20$1,682
Apr 2024025784.451.66$426
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023015971.262.61$415
Nov 2023011977.892.81$334
Oct 2023030185.443.09$929
Sep 2023030989.042.74$845
Aug 2023014480.522.67$385
Jul 2023019474.852.64$513
Jun 20230068.962.26$0
May 202304270.622.23$94
Apr 202304778.122.24$105
Mar 2023023472.852.39$560
Feb 2023019075.112.47$468
Jan 202303376.533.39$112
Dec 2022012576.415.73$716
Nov 2022019285.005.65$1,084
Oct 2022014587.185.86$850
Sep 2022015484.888.16$1,257
Aug 2022018094.529.13$1,643
Jul 20220160101.587.54$1,207
Jun 20220124115.097.98$989
May 20220169109.378.43$1,425
Apr 20220154104.226.84$1,053
Mar 20220144108.885.08$731
Feb 2022016691.054.86$807
Jan 2022013381.844.54$604
Dec 2021031571.323.90$1,228
Nov 2021016377.435.24$854
Oct 2021028679.795.71$1,634
Sep 2021013769.865.35$733
Aug 2021012666.024.22$532
Jul 2021022070.783.98$876
Jun 2021010269.493.38$345
May 2021015063.483.02$453
Apr 2021012560.362.76$345
Mar 2021021561.302.72$584
Feb 2021022357.805.55$1,237
Jan 2021012450.412.81$348
Dec 2020011944.642.68$318
Nov 202006638.772.71$179
Oct 20200036.972.48$0
Sep 202004437.091.99$88
Aug 2020013239.982.39$315
Jul 2020014538.371.83$265
Jun 202004434.901.69$74
May 2020011616.921.81$211
Apr 20200714.751.80$13
Mar 2020013430.341.86$249
Feb 2020011849.881.98$234
Jan 2020011457.252.09$239
Dec 201909459.012.30$217
Nov 2019037755.302.75$1,037
Oct 2019012153.472.42$293
Sep 2019015455.052.66$409
Aug 201904653.112.30$106
Jul 2019011456.272.46$280
Jun 2019010952.782.49$272
May 201907458.482.74$203
Apr 201903262.632.75$88
Mar 201907856.803.06$239
Feb 201905450.852.79$151
Jan 201901946.033.23$61
Dec 2018038346.594.19$1,603
Nov 20180752.934.24$30
Oct 201801,61361.443.40$5,481
Sep 201801,13459.543.11$3,524
Aug 201801659.403.07$49
Jul 201801265.142.93$35
Jun 20180360.183.08$9
May 201801865.382.90$52
Apr 20180463.842.90$12
Mar 201802261.222.79$61
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201704555.423.12$140
Oct 20170049.292.98$0
Sep 201704547.523.09$139
Aug 20170945.373.00$27
Jul 201704543.873.09$139
Jun 20170042.493.09$0
May 201702445.373.26$78
Apr 201701047.933.21$32
Mar 20170046.772.98$0
Feb 20170950.452.95$27
Jan 20170149.413.42$3
Dec 20160948.763.72$34
Nov 201604242.492.64$111
Oct 201601046.193.09$31
Sep 201603141.553.10$96
Aug 2016017941.442.92$523
Jul 201604141.622.92$120
Jun 20160245.352.69$5
May 201608442.521.99$167
Apr 2016011136.561.99$221
Mar 2016023833.011.79$427
Feb 2016016426.472.06$338
Jan 2016017627.352.36$416
Dec 2015014032.362.00$280
Nov 201509938.792.17$215
Oct 2015013043.552.43$315
Sep 201511,11142.992.76$3,108
Aug 2015017140.162.87$491
Jul 2015011948.152.95$350
Jun 2015110956.152.88$370
May 2015110255.212.96$357
Apr 2015013649.822.71$368
Mar 2015117742.892.93$562
Feb 2015111544.662.98$387
Jan 2015014043.433.10$434
Dec 201408154.693.59$291
Nov 2014010270.464.25$434
Oct 2014010778.303.90$417
Sep 2014016286.164.05$655
Aug 201405989.394.04$238
Jul 2014014296.564.18$594
Jun 201408598.164.74$403
May 2014011694.734.73$548
Apr 201409795.944.81$466
Mar 201406295.895.06$314
Feb 20140197.406.19$6
Jan 20140590.404.86$24
Dec 201303691.824.35$157
Nov 20130088.853.74$0
Oct 2013016897.423.78$635
Sep 2013056104.113.72$208
Aug 20130121104.253.52$426
Jul 20130130102.523.72$483
Jun 201308994.403.93$350
May 2013011694.834.15$481
Apr 2013114693.964.28$719
Mar 2013114993.623.91$677
Feb 2013114591.233.42$587
Jan 2013116391.603.42$649
Dec 2012114786.773.42$590
Nov 2012116486.953.62$681
Oct 2012120689.383.40$790
Sep 2012150394.672.92$1,563
Aug 2012148992.662.91$1,515
Jul 2012152585.133.02$1,671
Jun 2012162779.822.52$1,659
May 2012257391.612.49$1,609
Apr 20121385101.652.00$870
Mar 20123709105.052.22$1,891
Feb 201231,194101.102.57$3,372
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011355583.404.15$2,553
Jul 2011357194.144.52$2,862
Jun 2011146792.904.64$2,260
May 2011152298.134.40$2,397
Apr 20111509105.964.33$2,312
Mar 2011156396.364.06$2,381
Feb 2011145685.644.18$1,992
Jan 2011148286.504.59$2,298
Dec 2010148385.734.35$2,186
Nov 2010149280.843.80$1,948
Oct 2010153078.103.51$1,938
Sep 2010152272.633.98$2,150
Aug 2010150673.684.42$2,310
Jul 2010157072.554.74$2,772
Jun 2010152770.364.91$2,658
May 2010155271.124.24$2,409
Apr 2010154881.694.12$2,341
Mar 2010154678.394.39$2,475
Feb 2010151473.585.44$2,871
Jan 2010152674.365.96$3,211
Dec 2009153371.445.48$2,994
Nov 2009156874.593.75$2,205
Oct 2009259772.544.11$2,599
Sep 2009157865.543.06$1,837
Aug 2009158867.423.22$1,960
Jul 2009057761.133.46$1,999
Jun 2009163366.163.90$2,532
May 2009163454.743.93$2,544
Apr 2009171646.773.59$2,615
Mar 2009177842.144.06$3,200
Feb 2009169432.814.63$3,248
Jan 2009073535.865.37$3,948
Dec 2008067437.105.98$4,029
Nov 2008065655.496.86$4,500
Oct 2008075975.246.92$5,254
Sep 20080699101.767.88$5,506
Aug 20080857114.228.48$7,270
Jul 20080768131.0811.39$8,747
Jun 20080748131.3313.03$9,748
May 20080781123.1711.57$9,040
Apr 20080693110.3110.45$7,245
Mar 20081778101.909.66$7,621
Feb 2008184692.538.77$7,512
Jan 2008190790.388.21$7,533
Dec 2007090288.337.30$6,586
Nov 2007189291.677.29$6,596
Oct 2007189482.856.92$6,271
Sep 2007294275.846.24$6,034
Aug 2007433669.066.39$2,423
Jul 20071789470.906.39$6,916
Jun 20073622162.007.55$3,900
May 2007371158.747.85$5,755
Apr 20073459.617.81$210
Mar 20070056.927.30$0
Feb 200711,57955.108.22$13,028
Jan 200731,41650.306.73$9,676
Dec 200621,69156.656.92$11,812
Nov 200611,57254.207.62$12,029
Oct 200611,32154.906.01$7,999
Sep 2006196260.085.04$4,906
Aug 200621,13668.717.34$8,476
Jul 200621,06069.376.34$6,862
Jun 200621,17866.286.38$7,653
May 2006199866.016.42$6,478
Apr 2006294964.397.36$7,114
Mar 200621,03356.707.08$7,430
Feb 2006294557.597.75$7,440
Jan 200611,05860.598.93$9,512
Dec 2005197854.9413.42$13,175
Nov 2005193154.6910.59$9,912
Oct 2005195058.3413.80$13,164
Sep 2005193961.4512.08$11,404
Aug 2005299461.519.80$9,861
Jul 2005489555.697.84$7,243
Jun 2005383752.337.38$6,335
May 2005397845.226.65$6,640
Apr 200511,00449.207.36$7,439
Mar 200521,00850.377.15$7,313
Feb 2005389945.226.31$5,810
Jan 200531,01943.166.32$6,572
Dec 2004494339.866.75$6,526
Nov 200441,00545.286.33$6,543
Oct 2004250049.706.52$3,357
Sep 2004332943.245.28$1,868
Aug 2004141542.375.55$2,346
Jul 2004270638.286.08$4,372
Jun 200411,17736.106.43$7,608
May 200431,95537.486.49$12,809
Apr 200432,56334.475.86$15,119
Mar 200431,83434.365.53$10,245
Feb 200421,19332.455.51$6,638
Jan 200441,32732.036.30$8,488
Dec 200321,32130.266.30$8,385
Nov 200321,35528.804.60$6,284
Oct 200321,46628.174.76$7,034
Sep 200311,47326.314.75$7,022
Aug 200321,48129.765.13$7,657
Jul 200321,48429.415.17$7,732
Jun 200321,45828.565.98$8,780
May 200321,28426.595.97$7,722
Apr 200321,07326.675.41$5,855
Mar 200321,09731.146.10$6,750
Feb 200321,12933.487.93$9,015
Jan 200321,22030.315.58$6,871
Dec 200231,22926.914.85$6,046
Nov 200261,11724.664.14$4,769
Oct 200241,10626.464.23$4,783
Sep 200241,05127.443.64$3,930
Aug 200241,14925.963.16$3,739
Jul 200231,11724.583.06$3,494
Jun 200231,23523.733.34$4,194
May 200231,29524.663.58$4,715
Apr 200231,50623.653.51$5,361
Mar 200231,54122.003.10$4,847
Feb 200211,55318.222.38$3,708
Jan 200211,64317.172.38$3,920
Dec 200131,61216.932.36$3,862
Nov 200131,64518.072.41$4,011
Oct 200121,68819.782.53$4,308
Sep 200131,72924.262.25$3,965
Aug 200121,77724.873.05$5,475
Jul 200171,80923.933.20$5,951
Jun 200181,71024.563.82$6,736
May 2001121,76525.524.31$7,909
Apr 200191,63424.685.34$8,940
Mar 2001151,87924.545.38$10,470
Feb 2001111,75527.755.77$10,426
Jan 2001121,99027.478.40$17,043
Dec 2000112,00326.889.12$18,568
Nov 2000111,89532.215.66$11,076
Oct 2000141,96931.235.15$10,569
Sep 2000121,85931.875.19$10,024
Aug 200071,96029.644.54$9,107
Jul 2000132,07328.534.09$8,849
Jun 2000151,90829.304.40$8,829
May 2000161,93227.263.68$7,545
Apr 2000142,05724.513.12$6,753
Mar 200022,00628.422.86$5,794
Feb 2000141,91427.622.73$5,605
Jan 2000222,35225.272.48$6,390
Dec 1999172,07324.282.42$5,437
Nov 1999192,23623.192.43$5,883
Oct 1999142,25920.982.80$6,627
Sep 1999132,08621.752.62$5,746
Aug 1999132,10319.262.88$6,298
Jul 1999142,43517.892.37$6,027
Jun 1999162,58515.942.36$6,361
May 199902,71215.792.32$6,295
Apr 199942,48015.102.21$5,536
Mar 199942,84912.471.84$5,287
Feb 199942,5919.981.82$4,750
Jan 199942,84410.381.90$5,445
Dec 199852,8399.201.77$5,080
Nov 199862,98010.892.19$6,579
Oct 199853,13912.421.97$6,243
Sep 1998103,24612.592.08$6,886
Aug 1998113,37811.301.91$6,567
Jul 1998113,36411.742.24$7,655
Jun 1998113,24111.242.24$7,375
May 1998153,71012.622.21$8,375
Apr 1998163,76413.042.51$9,639
Mar 1998153,77012.802.31$8,899
Feb 1998215,07213.952.30$11,954
Jan 1998244,97414.702.15$11,071
Dec 1997235,37016.322.41$13,323
Nov 1997235,27218.193.09$16,700
Oct 1997255,52219.253.15$17,875
Sep 1997285,72317.742.95$17,408
Aug 1997256,25017.862.55$16,414
Jul 1997297,09817.582.25$16,459
Jun 1997367,88317.242.26$18,414
May 19974510,66918.972.31$25,483
Apr 19974410,03317.882.08$21,683
Mar 19972712,17818.951.94$24,127
Feb 1997115,25620.492.21$11,820
Jan 1997508,83523.483.54$32,447
Dec 1996399,03823.32$909
Nov 1996317,28321.97$681
Oct 1996427,95323.31$979
Sep 1996479,82122.22$1,044
Aug 19965213,26620.26$1,054
Jul 19966016,98019.55$1,173

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                  129 Mcf  × $  3.05 =       $393

────────────────────────────────────────────────────
Month total                                     $393

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/159143 is the state's own key, not one this site invented.