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 159450District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 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 Gas111996-09-27135287
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$96,816
GasProduction515,315 Mcf$1,237,888
Total$1,334,704

138,049 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 28.3590, -98.4420. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35905, -98.44201 · 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
10,572 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 10,572 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-311332057310,572 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 20265210106.413.05$1,172
Apr 2026829198.932.87$1,627
Mar 2026823989.753.15$1,471
Feb 20261135163.503.75$2,015
Jan 20261045459.138.00$4,222
Dec 20251047056.664.41$2,641
Nov 20251032558.593.93$1,862
Oct 2025338759.383.30$1,457
Sep 2025557862.743.08$2,092
Aug 2025485363.933.01$2,827
Jul 2025110866.743.32$425
Jun 2025330666.483.13$1,157
May 2025748060.553.23$1,975
Apr 202524662.363.54$288
Mar 2025613367.704.27$974
Feb 2025733770.884.34$1,959
Jan 2025633274.324.28$1,866
Dec 2024734468.993.12$1,557
Nov 2024627669.052.20$1,021
Oct 2024734871.372.28$1,294
Sep 2024427669.612.36$931
Aug 2024752775.632.06$1,617
Jul 2024732779.932.15$1,261
Jun 2024423578.082.63$931
May 2024212678.812.20$435
Apr 2024119084.451.66$400
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401473.023.30$46
Dec 2023958271.262.61$2,161
Nov 20231077.892.81$78
Oct 20230085.443.09$0
Sep 202315489.042.74$237
Aug 2023542680.522.67$1,541
Jul 202355974.852.64$530
Jun 202325668.962.26$264
May 202365470.622.23$544
Apr 202378478.122.24$735
Mar 202388372.852.39$781
Feb 202387075.112.47$773
Jan 202369476.533.39$778
Dec 202287576.415.73$1,041
Nov 202268085.005.65$962
Oct 202235987.185.86$608
Sep 202242884.888.16$568
Aug 202264194.529.13$941
Jul 2022430101.587.54$633
Jun 2022637115.097.98$986
May 20226106109.378.43$1,550
Apr 20221248104.226.84$1,579
Mar 2022969108.885.08$1,330
Feb 202296091.054.86$1,111
Jan 20221510581.844.54$1,704
Dec 2021106771.323.90$974
Nov 202196877.435.24$1,053
Oct 202176079.795.71$901
Sep 202145869.865.35$590
Aug 202111666.024.22$134
Jul 2021412070.783.98$761
Jun 202125169.493.38$311
May 20211463.483.02$76
Apr 202134260.362.76$297
Mar 2021720961.302.72$997
Feb 202133857.805.55$384
Jan 2021711650.412.81$679
Dec 202062844.642.68$343
Nov 2020197338.772.71$934
Oct 2020215636.972.48$915
Sep 20202217337.091.99$1,160
Aug 202075239.982.39$404
Jul 202068338.371.83$382
Jun 20204034.901.69$140
May 20200216.921.81$4
Apr 202033314.751.80$104
Mar 2020131630.341.86$424
Feb 20201622549.881.98$1,244
Jan 2020146657.252.09$940
Dec 2019813159.012.30$774
Nov 201979055.302.75$635
Oct 201976353.472.42$527
Sep 201967055.052.66$516
Aug 201943853.112.30$300
Jul 201959456.272.46$513
Jun 201978552.782.49$581
May 2019820758.482.74$1,035
Apr 20191262.632.75$68
Mar 201957756.803.06$520
Feb 201934950.852.79$289
Jan 201968946.033.23$563
Dec 201857646.594.19$551
Nov 201825052.934.24$318
Oct 201806661.443.40$224
Sep 201804859.543.11$149
Aug 201804959.403.07$150
Jul 2018013765.142.93$402
Jun 201803560.183.08$108
May 201806565.382.90$189
Apr 201807063.842.90$203
Mar 201808461.222.79$234
Feb 201803661.782.77$100
Jan 201805562.874.01$221
Dec 201704257.272.92$123
Nov 201709055.423.12$281
Oct 201707849.292.98$233
Sep 2017013047.523.09$401
Aug 201703945.373.00$117
Jul 201707843.873.09$241
Jun 201707042.493.09$216
May 201708345.373.26$271
Apr 201708247.933.21$263
Mar 2017010446.772.98$310
Feb 2017018850.452.95$555
Jan 2017013049.413.42$444
Dec 2016014048.763.72$521
Nov 2016023542.492.64$621
Oct 2016013746.193.09$423
Sep 2016023341.553.10$722
Aug 2016021441.442.92$626
Jul 2016016441.622.92$480
Jun 2016019545.352.69$524
May 2016116842.521.99$377
Apr 2016316036.561.99$428
Mar 2016521833.011.79$556
Feb 2016420326.472.06$525
Jan 2016521527.352.36$645
Dec 2015519932.362.00$560
Nov 2015822338.792.17$794
Oct 2015423943.552.43$754
Sep 2015517342.992.76$692
Aug 2015514540.162.87$617
Jul 2015222648.152.95$762
Jun 2015024656.152.88$709
May 2015023355.212.96$689
Apr 2015117249.822.71$515
Mar 2015423542.892.93$861
Feb 2015217344.662.98$604
Jan 2015025543.433.10$791
Dec 2014019454.693.59$697
Nov 2014024970.464.25$1,059
Oct 201407778.303.90$300
Sep 2014018386.164.05$740
Aug 2014018389.394.04$738
Jul 2014020396.564.18$848
Jun 2014015798.164.74$744
May 2014024994.734.73$1,177
Apr 2014021395.944.81$1,024
Mar 2014020395.895.06$1,027
Feb 2014019797.406.19$1,220
Jan 2014018090.404.86$875
Dec 2013019191.824.35$832
Nov 2013021188.853.74$789
Oct 2013023797.423.78$896
Sep 20130196104.113.72$729
Aug 20130190104.253.52$669
Jul 20131184102.523.72$787
Jun 2013118194.403.93$806
May 2013118794.834.15$871
Apr 2013220593.964.28$1,066
Mar 2013219793.623.91$958
Feb 2013221591.233.42$918
Jan 2013219191.603.42$836
Dec 2012219486.773.42$837
Nov 2012218686.953.62$848
Oct 2012116389.383.40$644
Sep 2012117894.672.92$614
Aug 201229692.662.91$465
Jul 2012222385.133.02$844
Jun 2012013879.822.52$348
May 2012012091.612.49$299
Apr 20120146101.652.00$292
Mar 20120199105.052.22$442
Feb 20120173101.102.57$445
Jan 2012017098.092.73$465
Dec 2011019896.873.24$641
Nov 2011018795.723.31$619
Oct 2011017484.983.65$635
Sep 2011020283.623.99$805
Aug 2011021883.404.15$905
Jul 2011124594.144.52$1,201
Jun 2011117992.904.64$923
May 2011018798.134.40$824
Apr 20110159105.964.33$689
Mar 2011016896.364.06$682
Feb 2011017885.644.18$744
Jan 2011018486.504.59$844
Dec 2010017285.734.35$748
Nov 2010019280.843.80$729
Oct 2010022778.103.51$797
Sep 2010018972.633.98$752
Aug 2010023373.684.42$1,030
Jul 2010120972.554.74$1,062
Jun 2010121270.364.91$1,111
May 2010122071.124.24$1,003
Apr 2010118581.694.12$844
Mar 2010119478.394.39$930
Feb 2010120973.585.44$1,211
Jan 2010121974.365.96$1,381
Dec 2009014071.445.48$768
Nov 2009012474.593.75$465
Oct 2009013072.544.11$534
Sep 2009022565.543.06$690
Aug 2009025867.423.22$830
Jul 2009025061.133.46$866
Jun 2009024666.163.90$958
May 2009026854.743.93$1,052
Apr 2009025846.773.59$926
Mar 2009032842.144.06$1,331
Feb 2009023532.814.63$1,089
Jan 2009023735.865.37$1,273
Dec 2008026837.105.98$1,602
Nov 2008022155.496.86$1,516
Oct 2008023075.246.92$1,592
Sep 20080339101.767.88$2,670
Aug 20080273114.228.48$2,316
Jul 20080336131.0811.39$3,827
Jun 20080360131.3313.03$4,692
May 20080315123.1711.57$3,646
Apr 20080313110.3110.45$3,272
Mar 20080294101.909.66$2,841
Feb 2008025592.538.77$2,237
Jan 2008032890.388.21$2,691
Dec 2007042988.337.30$3,133
Nov 2007047791.677.29$3,478
Oct 2007050182.856.92$3,468
Sep 2007034075.846.24$2,123
Aug 2007056869.066.39$3,628
Jul 2007150570.906.39$3,297
Jun 2007054262.007.55$4,091
May 2007054958.747.85$4,308
Apr 2007154959.617.81$4,345
Mar 2007159156.927.30$4,372
Feb 2007151855.108.22$4,311
Jan 2007357650.306.73$4,026
Dec 2006257656.656.92$4,098
Nov 2006164854.207.62$4,990
Oct 2006151854.906.01$3,170
Sep 2006146760.085.04$2,412
Aug 2006145668.717.34$3,416
Jul 2006147569.376.34$3,082
Jun 2006147566.286.38$3,099
May 2006248966.016.42$3,274
Apr 2006250264.397.36$3,824
Mar 2006251656.707.08$3,768
Feb 2006145457.597.75$3,577
Jan 2006151760.598.93$4,679
Dec 2005142454.9413.42$5,743
Nov 2005138554.6910.59$4,131
Oct 2005140058.3413.80$5,577
Sep 2005130861.4512.08$3,782
Aug 2005151861.519.80$5,136
Jul 2005242555.697.84$3,445
Jun 2005347352.337.38$3,648
May 2005258145.226.65$3,955
Apr 2005147749.207.36$3,560
Mar 2005352250.377.15$3,886
Feb 200542,32045.226.31$14,825
Jan 200542,06943.166.32$13,253
Dec 200441,91939.866.75$13,115
Nov 200441,76745.286.33$11,367
Oct 200451,64549.706.52$10,966
Sep 200441,45243.245.28$7,845
Aug 200441,45442.375.55$8,240
Jul 200441,31038.286.08$8,123
Jun 200431,04936.106.43$6,857
May 2004388837.486.49$5,880
Apr 2004380434.475.86$4,814
Mar 2004381334.365.53$4,599
Feb 2004362332.455.51$3,530
Jan 2004564932.036.30$4,249
Dec 2003469330.266.30$4,488
Nov 2003367328.804.60$3,179
Oct 2003759128.174.76$3,010
Sep 2003755026.314.75$2,796
Aug 2003857429.765.13$3,183
Jul 20031060029.415.17$3,397
Jun 2003957528.565.98$3,697
May 2003864726.595.97$4,077
Apr 2003359726.675.41$3,308
Mar 2003356031.146.10$3,507
Feb 2003347933.487.93$3,897
Jan 2003955230.315.58$3,354
Dec 2002952526.914.85$2,790
Nov 20021361524.664.14$2,865
Oct 2002773326.464.23$3,285
Sep 2002577227.443.64$2,944
Aug 2002680325.963.16$2,697
Jul 2002587024.583.06$2,787
Jun 2002480323.733.34$2,776
May 2002287824.663.58$3,196
Apr 2002380623.653.51$2,902
Mar 2002274222.003.10$2,346
Feb 20022170318.222.38$2,053
Jan 20021574317.172.38$2,023
Dec 2001274516.932.36$1,795
Nov 2001686518.072.41$2,189
Oct 2001992419.782.53$2,515
Sep 2001399224.262.25$2,306
Aug 200121,49924.873.05$4,626
Jul 200121,74923.933.20$5,640
Jun 200131,56924.563.82$6,074
May 200191,55225.524.31$6,915
Apr 200191,81524.685.34$9,906
Mar 2001111,71624.545.38$9,496
Feb 200141,60427.755.77$9,361
Jan 200121,71927.478.40$14,492
Dec 200021,83226.889.12$16,766
Nov 200032,00132.215.66$11,418
Oct 2000102,20531.235.15$11,658
Sep 2000102,19331.875.19$11,693
Aug 2000102,38129.644.54$11,108
Jul 2000102,32728.534.09$9,802
Jun 2000142,34229.304.40$10,709
May 2000282,46727.263.68$9,841
Apr 2000201,56224.513.12$5,357
Mar 2000191,63028.422.86$5,201
Feb 2000131,91927.622.73$5,591
Jan 2000112,26625.272.48$5,899
Dec 199912,22724.282.42$5,422
Nov 1999372,29923.192.43$6,454
Oct 1999272,53220.982.80$7,665
Sep 1999142,61221.752.62$7,145
Aug 1999132,86719.262.88$8,495
Jul 1999153,11417.892.37$7,656
Jun 1999163,15015.942.36$7,696
May 1999123,55615.792.32$8,443
Apr 1999123,51615.102.21$7,945
Mar 199962,34512.471.84$4,386
Feb 199951,6999.981.82$3,138
Jan 199993,21010.381.90$6,192
Dec 1998163,7719.201.77$6,834
Nov 1998153,41410.892.19$7,625
Oct 1998225,93712.421.97$11,964
Sep 1998187,25012.592.08$15,326
Aug 1998218,10011.301.91$15,687
Jul 1998209,74011.742.24$22,026
Jun 19982311,11111.242.24$25,117
May 1998428,89612.622.21$20,158
Apr 19986513,18113.042.51$33,870
Mar 19989714,71312.802.31$35,220
Feb 19982916,56813.952.30$38,497
Jan 1998354,85214.702.15$10,970
Dec 1997142,41116.322.41$6,042
Nov 1997345,62018.193.09$17,974
Oct 1997315,61719.253.15$18,289
Sep 1997406,63717.742.95$20,321
Aug 1997357,07817.862.55$18,708
Jul 1997477,50917.582.25$17,699
Jun 1997557,90717.242.26$18,796
May 1997789,20718.972.31$22,734
Apr 19979811,04617.882.08$24,759
Mar 19979112,90618.951.94$26,751
Feb 19977012,57820.492.21$29,180
Jan 199712716,78923.483.54$62,410
Dec 199615120,72723.32$3,521
Nov 199617818,98721.97$3,911
Oct 199615121,44923.31$3,520
Sep 199615624,34122.22$3,466
Aug 199615031,62620.26$3,039
Jul 19969120,91919.55$1,779

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             5 bbl  × $106.41 =       $532
Gas                  210 Mcf  × $  3.05 =       $640

────────────────────────────────────────────────────
Month total                                   $1,172

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/159450 is the state's own key, not one this site invented.