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 159447District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jul 1996 – May 2026
Value, last 12 filed months
$194
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 Gas111996-09-19135286
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
CondensateDisposition13,593 bbl$556,309
GasProduction644,034 Mcf$2,588,684
Total$3,144,993

50,274 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 28.3457, -98.4909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34569, -98.49091 · 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
10,347 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 10,347 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-311331937110,347 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202506266.483.13$194
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020319638.772.71$647
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201014.751.80$15
Mar 2020101130.341.86$324
Feb 202032949.881.98$207
Jan 20202257.252.09$119
Dec 20193459.012.30$186
Nov 2019201,64655.302.75$5,634
Oct 2019241,19653.472.42$4,176
Sep 2019151,64655.052.66$5,200
Aug 2019171,56153.112.30$4,500
Jul 201981,23856.272.46$3,496
Jun 20190052.782.49$0
May 201924658.482.74$243
Apr 20191062.632.75$63
Mar 20192362656.803.06$3,223
Feb 20191413650.852.79$1,092
Jan 20192282746.033.23$3,682
Dec 20181789546.594.19$4,538
Nov 20187052.934.24$371
Oct 2018311,05861.443.40$5,500
Sep 2018311,88859.543.11$7,714
Aug 2018322,47259.403.07$9,481
Jul 2018442,08765.142.93$8,985
Jun 2018471,60360.183.08$7,761
May 2018391,38565.382.90$6,567
Apr 2018421,82763.842.90$7,981
Mar 2018421,84061.222.79$7,699
Feb 2018272,12261.782.77$7,538
Jan 2018422,27262.874.01$11,750
Dec 2017361,11957.272.92$5,331
Nov 2017291,71755.423.12$6,961
Oct 2017532,35549.292.98$9,639
Sep 2017371,14247.523.09$5,284
Aug 2017301,69145.373.00$6,442
Jul 2017392,79843.873.09$10,349
Jun 2017342,41342.493.09$8,894
May 2017392,35145.373.26$9,442
Apr 2017421,80947.933.21$7,823
Mar 2017331,58446.772.98$6,270
Feb 2017491,49250.452.95$6,877
Jan 2017481,66549.413.42$8,064
Dec 2016381,41348.763.72$7,113
Nov 2016301,42442.492.64$5,040
Oct 20161570346.193.09$2,865
Sep 20161466441.553.10$2,641
Aug 2016964141.442.92$2,247
Jul 2016979641.622.92$2,702
Jun 20161176345.352.69$2,548
May 20161078642.521.99$1,990
Apr 2016885136.561.99$1,987
Mar 2016976933.011.79$1,677
Feb 2016976526.472.06$1,817
Jan 2016211,00127.352.36$2,941
Dec 201591,06632.362.00$2,425
Nov 20151490438.792.17$2,502
Oct 2015221,10243.552.43$3,632
Sep 2015361,26842.992.76$5,045
Aug 2015301,43440.162.87$5,324
Jul 2015161,20848.152.95$4,328
Jun 2015221,31656.152.88$5,029
May 2015261,44855.212.96$5,715
Apr 20152184149.822.71$3,322
Mar 2015361,42542.892.93$5,726
Feb 2015441,16044.662.98$5,417
Jan 2015641,59243.433.10$7,716
Dec 2014511,28254.693.59$7,393
Nov 20145286170.464.25$7,325
Oct 2014551,24978.303.90$9,179
Sep 2014531,58586.164.05$10,979
Aug 2014481,13289.394.04$8,858
Jul 2014871,70996.564.18$15,544
Jun 2014981,73098.164.74$17,814
May 20141101,89094.734.73$19,354
Apr 2014851,72795.944.81$16,460
Mar 2014951,92995.895.06$18,864
Feb 2014691,80697.406.19$17,903
Jan 2014711,84190.404.86$15,367
Dec 20131013,48791.824.35$24,458
Nov 2013932,55588.853.74$17,814
Oct 20132031,69897.423.78$26,194
Sep 20131562,068104.113.72$23,929
Aug 20131382,256104.253.52$22,334
Jul 2013242,095102.523.72$10,249
Jun 201321,67594.403.93$6,777
May 2013231394.834.15$1,488
Apr 2013382093.964.28$3,794
Mar 201351,13093.623.91$4,890
Feb 2013101,10491.233.42$4,688
Jan 2013201,13891.603.42$5,724
Dec 20121098386.773.42$4,230
Nov 2012783686.953.62$3,639
Oct 2012686089.383.40$3,460
Sep 2012690994.672.92$3,221
Aug 2012784592.662.91$3,106
Jul 2012384185.133.02$2,796
Jun 2012186079.822.52$2,246
May 2012171091.612.49$1,858
Apr 20122854101.652.00$1,909
Mar 20122969105.052.22$2,363
Feb 20124712101.102.57$2,234
Jan 2012675498.092.73$2,650
Dec 2011597696.873.24$3,646
Nov 201153,43395.723.31$11,846
Oct 201132,37984.983.65$8,935
Sep 201121,35683.623.99$5,572
Aug 2011279483.404.15$3,461
Jul 2011282394.144.52$3,906
Jun 2011259992.904.64$2,965
May 2011285698.134.40$3,967
Apr 20112440105.964.33$2,119
Mar 201131,00496.364.06$4,363
Feb 201131,05585.644.18$4,667
Jan 2011121,12586.504.59$6,200
Dec 2010183,93785.734.35$18,660
Nov 2010163,63580.843.80$15,089
Oct 2010182,97078.103.51$11,827
Sep 2010212,07072.633.98$9,763
Aug 2010181,80973.684.42$9,321
Jul 201071,94472.554.74$9,716
Jun 201031,87870.364.91$9,433
May 201042,22371.124.24$9,699
Apr 201032,80781.694.12$11,817
Mar 201043,81478.394.39$17,052
Feb 201033,89273.585.44$21,402
Jan 201033,43274.365.96$20,692
Dec 200953,13971.445.48$17,571
Nov 200962,90874.593.75$11,357
Oct 200962,00172.544.11$8,660
Sep 200952,05165.543.06$6,614
Aug 200931,46167.423.22$4,904
Jul 200921,47361.133.46$5,225
Jun 200931,61266.163.90$6,477
May 200931,81754.743.93$7,297
Apr 200931,77046.773.59$6,490
Mar 200922,58042.144.06$10,557
Feb 200922,10432.814.63$9,813
Jan 200922,42335.865.37$13,086
Dec 200812,72637.105.98$16,331
Nov 200822,56655.496.86$17,715
Oct 200822,82775.246.92$19,719
Sep 200811,939101.767.88$15,375
Aug 200811,410114.228.48$12,075
Jul 200821,349131.0811.39$15,627
Jun 200841,055131.3313.03$14,275
May 200841,775123.1711.57$21,037
Apr 200862,431110.3110.45$26,078
Mar 200863,022101.909.66$29,816
Feb 2008122,17092.538.77$20,143
Jan 2008393,31490.388.21$30,719
Dec 2007442,47488.337.30$21,952
Nov 2007452,20491.677.29$20,196
Oct 2007401,62182.856.92$14,535
Sep 2007251,16975.846.24$9,195
Aug 2007258269.066.39$2,250
Jul 2007321,16170.906.39$9,685
Jun 2007351,26362.007.55$11,704
May 2007481,51958.747.85$14,738
Apr 2007411,68559.617.81$15,596
Mar 2007351,34756.927.30$11,828
Feb 2007551,48355.108.22$15,215
Jan 2007581,53150.306.73$13,216
Dec 2006601,58656.656.92$14,372
Nov 2006561,03154.207.62$10,889
Oct 2006311,15854.906.01$8,666
Sep 2006221,02560.085.04$6,485
Aug 20062276968.717.34$7,156
Jul 2006880069.376.34$5,629
Jun 2006475166.286.38$5,059
May 2006480366.016.42$5,423
Apr 2006271964.397.36$5,421
Mar 200631,04656.707.08$7,579
Feb 200621,35657.597.75$10,626
Jan 200621,49360.598.93$13,459
Dec 200521,29554.9413.42$17,483
Nov 2005132,03454.6910.59$22,248
Oct 20052032,15358.3413.80$41,545
Sep 20052721,98161.4512.08$40,643
Aug 20051441,92361.519.80$27,697
Jul 2005582,42755.697.84$22,267
Jun 2005692,36352.337.38$21,052
May 2005742,77745.226.65$21,817
Apr 2005702,68749.207.36$23,222
Mar 2005782,96050.377.15$25,107
Feb 2005562,47645.226.31$18,161
Jan 2005583,08143.166.32$21,982
Dec 2004612,89139.866.75$21,949
Nov 2004592,91245.286.33$21,106
Oct 2004632,82249.706.52$21,517
Sep 2004522,59143.245.28$15,939
Aug 2004562,64942.375.55$17,076
Jul 2004112,65138.286.08$16,550
Jun 200432,45236.106.43$15,882
May 200462,25837.486.49$14,890
Apr 2004302,18834.475.86$13,852
Mar 2004472,30534.365.53$14,362
Feb 2004442,17732.455.51$13,422
Jan 2004842,38432.036.30$17,709
Dec 2003732,34430.266.30$16,980
Nov 2003492,15828.804.60$11,328
Oct 2003382,07728.174.76$10,956
Sep 2003311,91126.314.75$9,892
Aug 2003351,94329.765.13$11,009
Jul 2003521,95329.415.17$11,628
Jun 2003541,95128.565.98$13,215
May 2003492,02926.595.97$13,421
Apr 2003551,95626.675.41$12,043
Mar 2003642,10631.146.10$14,831
Feb 2003531,97333.487.93$17,412
Jan 2003622,34030.315.58$14,941
Dec 2002612,33926.914.85$12,994
Nov 2002532,34124.664.14$10,992
Oct 2002682,62826.464.23$12,913
Sep 2002612,63127.443.64$11,238
Aug 2002622,69025.963.16$10,121
Jul 2002532,76124.583.06$9,756
Jun 2002522,69923.733.34$10,244
May 2002432,75324.663.58$10,927
Apr 2002382,72723.653.51$10,477
Mar 20021012,74322.003.10$10,733
Feb 2002862,53218.222.38$7,582
Jan 2002422,82417.172.38$7,430
Dec 2001982,65916.932.36$7,946
Nov 2001612,65518.072.41$7,489
Oct 2001692,82619.782.53$8,511
Sep 2001533,14724.262.25$8,371
Aug 2001453,28024.873.05$11,134
Jul 2001463,29523.933.20$11,635
Jun 2001463,52824.563.82$14,621
May 2001844,15925.524.31$20,058
Apr 2001844,03024.685.34$23,574
Mar 20011394,55024.545.38$27,874
Feb 20011623,85427.755.77$26,722
Jan 20012934,43327.478.40$45,280
Dec 20002293,95826.889.12$42,262
Nov 20001183,32432.215.66$22,608
Oct 20001023,70631.235.15$22,255
Sep 20001375,35131.875.19$32,119
Aug 20001515,18329.644.54$28,010
Jul 2000175,19428.534.09$21,727
Jun 2000415,56929.304.40$25,690
May 2000187,64127.263.68$28,608
Apr 2000347,88424.513.12$25,400
Mar 2000699,56128.422.86$29,303
Feb 200014210,85327.622.73$33,513
Jan 200012810,53825.272.48$29,374
Dec 19991882124.282.42$2,427
Nov 1999141,65923.192.43$4,363
Oct 1999171,43720.982.80$4,386
Sep 1999231,39821.752.62$4,161
Aug 1999451,58719.262.88$5,430
Jul 1999651,53017.892.37$4,793
Jun 1999631,83315.942.36$5,334
May 1999112,10815.792.32$5,066
Apr 1999632,05215.102.21$5,482
Mar 1999402,31512.471.84$4,755
Feb 1999321,8469.981.82$3,675
Jan 1999372,01410.381.90$4,211
Dec 1998252,0619.201.77$3,885
Nov 1998242,07110.892.19$4,788
Oct 1998322,15712.421.97$4,645
Sep 1998332,26312.592.08$5,128
Aug 1998992,15611.301.91$5,231
Jul 1998962,04211.742.24$5,696
Jun 19981262,56311.242.24$7,150
May 19981523,07412.622.21$8,701
Apr 19981563,03613.042.51$9,640
Mar 19981053,09812.802.31$8,499
Feb 19981132,80513.952.30$8,025
Jan 19981313,22714.702.15$8,879
Dec 19971183,26216.322.41$9,791
Nov 19971153,36318.193.09$12,478
Oct 19971253,56519.253.15$13,635
Sep 19971363,62217.742.95$13,115
Aug 1997763,77117.862.55$10,991
Jul 1997603,93517.582.25$9,897
Jun 19971034,06317.242.26$10,947
May 19971034,48018.972.31$12,296
Apr 19971114,64817.882.08$11,665
Mar 19971304,85618.951.94$11,880
Feb 19971134,69120.492.21$12,663
Jan 19971815,71323.483.54$24,472
Dec 19961706,48323.32$3,964
Nov 19962147,33221.97$4,702
Oct 19961776,69023.31$4,126
Sep 19961887,86322.22$4,177
Aug 199621310,82720.26$4,315
Jul 199619711,07919.55$3,851

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.

Jun 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.48 =         $0
Gas                   62 Mcf  × $  3.13 =       $194

────────────────────────────────────────────────────
Month total                                     $194

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/159447 is the state's own key, not one this site invented.