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 159565District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jul 1996 – May 2026
Value, last 12 filed months
$11 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 Gas111996-11-01135371
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
CondensateDisposition5,644 bbl$185,016
GasProduction601,361 Mcf$1,800,126
Total$1,985,143

80,380 Mcf of this lease's gas, across 5 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 28.3566, -98.4436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35658, -98.44357 · 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
10,820 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 10,820 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-311332127410,820 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 20261126106.413.05$490
Apr 202647198.932.87$599
Mar 2026422789.753.15$1,074
Feb 2026411363.503.75$678
Jan 2026518659.138.00$1,783
Dec 2025638156.664.41$2,021
Nov 2025420658.593.93$1,043
Oct 2025030759.383.30$1,015
Sep 2025027462.743.08$843
Aug 2025024163.933.01$727
Jul 2025111566.743.32$448
Jun 2025016066.483.13$501
May 2025533060.553.23$1,369
Apr 2025524862.363.54$1,190
Mar 2025517467.704.27$1,081
Feb 202533370.884.34$356
Jan 202526974.324.28$444
Dec 2024525168.993.12$1,128
Nov 2024624569.052.20$953
Oct 2024530971.372.28$1,062
Sep 2024630869.612.36$1,146
Aug 2024650575.632.06$1,496
Jul 2024741579.932.15$1,450
Jun 2024239978.082.63$1,207
May 20240078.812.20$0
Apr 20241084.451.66$84
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401673.023.30$53
Dec 2023881471.262.61$2,695
Nov 2023126577.892.81$822
Oct 20231085.443.09$85
Sep 202313789.042.74$190
Aug 2023352780.522.67$1,650
Jul 2023412674.852.64$632
Jun 2023221668.962.26$626
May 2023513170.622.23$645
Apr 202335578.122.24$357
Mar 202331572.852.39$254
Feb 202352875.112.47$445
Jan 2023513076.533.39$823
Dec 202266476.415.73$825
Nov 2022613085.005.65$1,244
Oct 202238587.185.86$760
Sep 202238784.888.16$965
Aug 20222394.529.13$216
Jul 20225686101.587.54$5,682
Jun 20223292115.097.98$2,675
May 202210109.378.43$109
Apr 2022457104.226.84$807
Mar 2022452108.885.08$699
Feb 2022523391.054.86$1,587
Jan 2022652681.844.54$2,878
Dec 202191,35771.323.90$5,933
Nov 202171,02177.435.24$5,889
Oct 202171,64579.795.71$9,958
Sep 202172,59969.865.35$14,396
Aug 202131,19366.024.22$5,233
Jul 202131,30970.783.98$5,425
Jun 202142,10969.493.38$7,408
May 2021286363.483.02$2,731
Apr 202172,59860.362.76$7,589
Mar 2021133,52761.302.72$10,380
Feb 202173,14057.805.55$17,825
Jan 202182,51450.412.81$7,468
Dec 202082,20444.642.68$6,254
Nov 2020111,14938.772.71$3,536
Oct 2020985136.972.48$2,442
Sep 2020965037.091.99$1,628
Aug 202023439.982.39$161
Jul 2020411238.371.83$358
Jun 202019034.901.69$663
May 2020014316.921.81$260
Apr 2020827414.751.80$612
Mar 20202424130.341.86$1,176
Feb 2020291,43949.881.98$4,297
Jan 20203275557.252.09$3,414
Dec 2019191,48859.012.30$4,550
Nov 2019192,35755.302.75$7,534
Oct 20191277653.472.42$2,518
Sep 2019754955.052.66$1,844
Aug 2019867753.112.30$1,985
Jul 201981,09356.272.46$3,139
Jun 2019141,39752.782.49$4,219
May 2019161,82858.482.74$5,945
Apr 2019212,75162.632.75$8,882
Mar 2019263,47956.803.06$12,130
Feb 2019182,79750.852.79$8,725
Jan 2019203,34846.033.23$11,729
Dec 2018172,76346.594.19$12,356
Nov 2018152,38452.934.24$10,896
Oct 201801,74661.443.40$5,933
Sep 201801,26259.543.11$3,922
Aug 2018058659.403.07$1,797
Jul 2018076165.142.93$2,231
Jun 2018091260.183.08$2,806
May 201801,21865.382.90$3,533
Apr 201801,91863.842.90$5,564
Mar 201801,61461.222.79$4,498
Feb 201801,47161.782.77$4,069
Jan 201801,78562.874.01$7,157
Dec 201702,11057.272.92$6,164
Nov 2017092655.423.12$2,888
Oct 2017083349.292.98$2,485
Sep 2017078647.523.09$2,427
Aug 2017010745.373.00$321
Jul 2017015843.873.09$488
Jun 2017017142.493.09$528
May 2017028645.373.26$933
Apr 2017036347.933.21$1,166
Mar 2017084046.772.98$2,506
Feb 2017057650.452.95$1,701
Jan 201701,11949.413.42$3,826
Dec 2016083648.763.72$3,112
Nov 2016068042.492.64$1,798
Oct 2016042546.193.09$1,313
Sep 2016023541.553.10$729
Aug 2016032741.442.92$956
Jul 2016019341.622.92$564
Jun 2016023945.352.69$642
May 2016447742.521.99$1,120
Apr 20161040336.561.99$1,168
Mar 20161660933.011.79$1,621
Feb 20161461426.472.06$1,638
Jan 20161473027.352.36$2,109
Dec 20151589132.362.00$2,269
Nov 20151552538.792.17$1,720
Oct 2015321343.552.43$648
Sep 2015216942.992.76$552
Aug 2015111340.162.87$365
Jul 2015111548.152.95$387
Jun 2015014856.152.88$427
May 2015011755.212.96$346
Apr 2015011249.822.71$303
Mar 2015020942.892.93$613
Feb 2015031344.662.98$932
Jan 2015019043.433.10$589
Dec 201401954.693.59$68
Nov 201402170.464.25$89
Oct 201403278.303.90$125
Sep 2014011086.164.05$445
Aug 2014012289.394.04$492
Jul 2014011896.564.18$493
Jun 201408698.164.74$407
May 201407994.734.73$373
Apr 201408195.944.81$390
Mar 2014113095.895.06$753
Feb 2014131997.406.19$2,073
Jan 2014275890.404.86$3,865
Dec 2013270491.824.35$3,249
Nov 2013266188.853.74$2,649
Oct 2013363097.423.78$2,673
Sep 20132563104.113.72$2,301
Aug 20133588104.253.52$2,384
Jul 20133559102.523.72$2,386
Jun 2013348594.403.93$2,191
May 2013355294.834.15$2,575
Apr 2013454993.964.28$2,727
Mar 2013666193.623.91$3,148
Feb 2013460891.233.42$2,444
Jan 2013568391.603.42$2,794
Dec 2012564186.773.42$2,626
Nov 2012561886.953.62$2,675
Oct 2012457889.383.40$2,323
Sep 2012457894.672.92$2,066
Aug 2012736492.662.91$1,707
Jul 2012948485.133.02$2,228
Jun 20121149179.822.52$2,115
May 20121456191.612.49$2,678
Apr 201214474101.652.00$2,370
Mar 201214673105.052.22$2,966
Feb 201216615101.102.57$3,198
Jan 20122768598.092.73$4,521
Dec 20113178096.873.24$5,530
Nov 20113381095.723.31$5,841
Oct 20112878584.983.65$5,244
Sep 20112286283.623.99$5,275
Aug 20112285283.404.15$5,370
Jul 20111678094.144.52$5,030
Jun 2011785592.904.64$4,617
May 2011968298.134.40$3,887
Apr 20118570105.964.33$3,318
Mar 2011759896.364.06$3,101
Feb 2011767985.644.18$3,438
Jan 2011469086.504.59$3,512
Dec 2010468785.734.35$3,330
Nov 2010470280.843.80$2,988
Oct 2010568378.103.51$2,787
Sep 2010566772.633.98$3,017
Aug 2010562373.684.42$3,122
Jul 2010660872.554.74$3,315
Jun 2010560770.364.91$3,332
May 2010763371.124.24$3,179
Apr 2010759581.694.12$3,025
Mar 2010866578.394.39$3,546
Feb 2010773273.585.44$4,499
Jan 20101074274.365.96$5,169
Dec 20091846871.445.48$3,852
Nov 20091738374.593.75$2,705
Oct 20091837472.544.11$2,843
Sep 20091149765.543.06$2,244
Aug 2009762867.423.22$2,493
Jul 2009561361.133.46$2,429
Jun 2009658966.163.90$2,691
May 2009455254.743.93$2,386
Apr 2009555046.773.59$2,207
Mar 2009275042.144.06$3,129
Feb 2009156232.814.63$2,637
Jan 2009130135.865.37$1,653
Dec 2008154237.105.98$3,277
Nov 2008143655.496.86$3,047
Oct 2008134075.246.92$2,429
Sep 20081642101.767.88$5,159
Aug 20081583114.228.48$5,060
Jul 20081497131.0811.39$5,792
Jun 20081638131.3313.03$8,446
May 20081671123.1711.57$7,890
Apr 20081678110.3110.45$7,199
Mar 20082708101.909.66$7,046
Feb 2008267292.538.77$6,079
Jan 2008276190.388.21$6,425
Dec 200721,02888.337.30$7,683
Nov 200721,00391.677.29$7,497
Oct 2007277882.856.92$5,551
Sep 2007267575.846.24$4,366
Aug 2007279269.066.39$5,197
Jul 2007269070.906.39$4,549
Jun 2007263862.007.55$4,940
May 2007270358.747.85$5,633
Apr 2007274859.617.81$5,958
Mar 2007282156.927.30$6,109
Feb 2007378355.108.22$6,598
Jan 2007374950.306.73$5,189
Dec 2006376956.656.92$5,490
Nov 2006276354.207.62$5,921
Oct 2006155154.906.01$3,369
Sep 2006150760.085.04$2,614
Aug 2006253768.717.34$4,079
Jul 2006156069.376.34$3,621
Jun 2006256066.286.38$3,708
May 2006364766.016.42$4,355
Apr 20061966764.397.36$6,133
Mar 20062162256.707.08$5,596
Feb 20061363657.597.75$5,678
Jan 20061476060.598.93$7,638
Dec 20051362254.9413.42$9,059
Nov 20051358654.6910.59$6,916
Oct 20051161758.3413.80$9,154
Sep 20051557061.4512.08$7,807
Aug 2005868961.519.80$7,242
Jul 2005472655.697.84$5,917
Jun 2005485652.337.38$6,527
May 2005395245.226.65$6,468
Apr 2005191049.207.36$6,747
Mar 2005299150.377.15$7,191
Feb 2005488045.226.31$5,735
Jan 2005361,01543.166.32$7,971
Dec 2004461,03639.866.75$8,828
Nov 2004461,05045.286.33$8,730
Oct 2004451,08249.706.52$9,286
Sep 2004411,02643.245.28$7,194
Aug 2004251,08242.375.55$7,065
Jul 2004321,03238.286.08$7,504
Jun 20042694336.106.43$7,005
May 20043792437.486.49$7,388
Apr 20041391734.475.86$5,820
Mar 20041091634.365.53$5,409
Feb 200481,08132.455.51$6,216
Jan 2004111,23932.036.30$8,158
Dec 200371,31330.266.30$8,486
Nov 200351,30628.804.60$6,145
Oct 200361,35928.174.76$6,637
Sep 200351,00926.314.75$4,924
Aug 200351,20129.765.13$6,310
Jul 200321,15629.415.17$6,036
Jun 200331,30428.565.98$7,887
May 200341,84526.595.97$11,126
Apr 200351,81726.675.41$9,958
Mar 200361,47931.146.10$9,203
Feb 2003798833.487.93$8,065
Jan 2003131,11030.315.58$6,590
Dec 2002131,11626.914.85$5,767
Nov 2002111,24424.664.14$5,418
Oct 200251,36726.464.23$5,914
Sep 200281,42127.443.64$5,385
Aug 200271,69225.963.16$5,535
Jul 200261,87124.583.06$5,876
Jun 2002101,67523.733.34$5,829
May 2002141,99124.663.58$7,481
Apr 2002171,56423.653.51$5,895
Mar 2002181,32322.003.10$4,501
Feb 2002231,20018.222.38$3,270
Jan 2002201,65917.172.38$4,285
Dec 2001211,56216.932.36$4,049
Nov 200151,68318.072.41$4,139
Oct 200131,68419.782.53$4,318
Sep 200121,61724.262.25$3,689
Aug 200121,72424.873.05$5,313
Jul 200181,75023.933.20$5,786
Jun 200131,88224.563.82$7,271
May 200151,95825.524.31$8,561
Apr 200162,19624.685.34$11,864
Mar 200132,37224.545.38$12,827
Feb 2001142,10427.755.77$12,522
Jan 2001192,46327.478.40$21,208
Dec 2000202,92626.889.12$27,230
Nov 2000152,88732.215.66$16,818
Oct 2000113,01531.235.15$15,857
Sep 2000103,19431.875.19$16,884
Aug 200093,14529.644.54$14,547
Jul 200093,26628.534.09$13,614
Jun 2000143,20629.304.40$14,508
May 2000153,31827.263.68$12,618
Apr 2000213,27724.513.12$10,726
Mar 2000413,55428.422.86$11,329
Feb 2000243,49727.622.73$10,197
Jan 2000304,00525.272.48$10,693
Dec 1999373,94924.282.42$10,470
Nov 19991883,93823.192.43$13,945
Oct 19991734,30220.982.80$15,691
Sep 1999174,40521.752.62$11,906
Aug 1999265,00319.262.88$14,887
Jul 1999305,35717.892.37$13,245
Jun 1999325,03615.942.36$12,406
May 1999455,48815.792.32$13,448
Apr 1999255,95315.102.21$13,522
Mar 1999236,50312.471.84$12,241
Feb 1999316,0989.981.82$11,394
Jan 1999597,36310.381.90$14,602
Dec 1998697,2469.201.77$13,484
Nov 1998916,87210.892.19$16,011
Oct 1998727,53512.421.97$15,732
Sep 19987329512.592.08$1,533
Aug 1998739,49411.301.91$18,933
Jul 19981199,41011.742.24$22,450
Jun 199813410,28011.242.24$24,505
May 199816112,29212.622.21$29,152
Apr 199819413,81313.042.51$37,136
Mar 199813616,63612.802.31$40,161
Feb 1998304,79013.952.30$11,431
Jan 1998343,56914.702.15$8,190
Dec 1997493,85816.322.41$10,102
Nov 1997294,49618.193.09$14,412
Oct 1997404,93419.253.15$16,311
Sep 1997305,03617.742.95$15,413
Aug 1997355,27617.862.55$14,104
Jul 1997475,60517.582.25$13,420
Jun 1997485,82217.242.26$13,969
May 1997446,60318.972.31$16,078
Apr 1997486,82017.882.08$15,063
Mar 1997627,57418.951.94$15,862
Feb 1997727,95920.492.21$19,032
Jan 199712610,03223.483.54$38,469
Dec 199611510,66123.32$2,682
Nov 199614412,37921.97$3,164
Oct 199615714,46023.31$3,660
Sep 199615917,78422.22$3,533
Aug 199620125,09620.26$4,072
Jul 19960019.55$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                  126 Mcf  × $  3.05 =       $384

────────────────────────────────────────────────────
Month total                                     $490

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/159565 is the state's own key, not one this site invented.