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 159578District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jul 1996 – May 2026
Value, last 12 filed months
$16 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 Gas111996-09-19135248
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
CondensateDisposition4,674 bbl$189,027
GasProduction688,159 Mcf$2,210,607
Total$2,399,633

105,116 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 28.3643, -98.4523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36434, -98.45227 · 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
10,644 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 10,644 ft.

1 well

42-311332076910,644 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 2026262106.413.05$402
Apr 2026620698.932.87$1,185
Mar 2026518989.753.15$1,044
Feb 2026719863.503.75$1,187
Jan 2026627859.138.00$2,578
Dec 2025628156.664.41$1,580
Nov 2025832758.593.93$1,753
Oct 2025223159.383.30$882
Sep 2025537662.743.08$1,471
Aug 2025346663.933.01$1,597
Jul 2025251366.743.32$1,834
Jun 2025321866.483.13$882
May 2025431960.553.23$1,273
Apr 2025437362.363.54$1,571
Mar 2025831767.704.27$1,895
Feb 2025752370.884.34$2,766
Jan 2025421774.324.28$1,226
Dec 2024734668.993.12$1,563
Nov 2024625969.052.20$984
Oct 2024738871.372.28$1,385
Sep 2024628669.612.36$1,094
Aug 2024860775.632.06$1,858
Jul 2024950779.932.15$1,808
Jun 2024532578.082.63$1,246
May 202461,18078.812.20$3,067
Apr 2024230284.451.66$670
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402073.023.30$66
Dec 2023101,27371.262.61$4,036
Nov 2023254377.892.81$1,680
Oct 20230085.443.09$0
Sep 2023114089.042.74$472
Aug 202373,02280.522.67$8,641
Jul 202361,49774.852.64$4,404
Jun 2023385668.962.26$2,140
May 2023121,97270.622.23$5,240
Apr 2023355778.122.24$1,481
Mar 202341,52572.852.39$3,941
Feb 202391,12175.112.47$3,440
Jan 202371,22476.533.39$4,682
Dec 202271,02876.415.73$6,424
Nov 202261,15185.005.65$7,009
Oct 202261,58887.185.86$9,835
Sep 202281,26884.888.16$11,031
Aug 202281,59694.529.13$15,323
Jul 20224905101.587.54$7,232
Jun 202241,021115.097.98$8,605
May 20225521109.378.43$4,940
Apr 202212929104.226.84$7,603
Mar 20228976108.885.08$5,826
Feb 2022661891.054.86$3,549
Jan 2022644681.844.54$2,515
Dec 2021769971.323.90$3,225
Nov 2021782577.435.24$4,862
Oct 20211171979.795.71$4,986
Sep 2021917869.865.35$1,581
Aug 202147666.024.22$585
Jul 2021621470.783.98$1,277
Jun 202155169.493.38$520
May 202125363.483.02$287
Apr 2021737960.362.76$1,468
Mar 20211565261.302.72$2,691
Feb 2021744557.805.55$2,873
Jan 20211232650.412.81$1,521
Dec 20201029744.642.68$1,241
Nov 2020539838.772.71$1,271
Oct 2020531136.972.48$956
Sep 2020424637.091.99$638
Aug 2020316939.982.39$523
Jul 2020313338.371.83$358
Jun 20202134.901.69$71
May 202006216.921.81$113
Apr 202007414.751.80$134
Mar 2020224430.341.86$514
Feb 202031,40849.881.98$2,938
Jan 2020366557.252.09$1,565
Dec 201921,07759.012.30$2,600
Nov 201921,15455.302.75$3,285
Oct 2019367253.472.42$1,786
Sep 201931,96855.052.66$5,395
Aug 201932,05153.112.30$4,886
Jul 2019032556.272.46$800
Jun 2019013852.782.49$344
May 2019014858.482.74$406
Apr 201907662.632.75$209
Mar 2019015556.803.06$475
Feb 2019010950.852.79$304
Jan 2019011346.033.23$365
Dec 2018012346.594.19$515
Nov 201809652.934.24$407
Oct 2018016261.443.40$550
Sep 2018010959.543.11$339
Aug 2018015959.403.07$488
Jul 2018018065.142.93$528
Jun 2018017160.183.08$526
May 2018012365.382.90$357
Apr 2018019563.842.90$566
Mar 201807161.222.79$198
Feb 20180661.782.77$17
Jan 2018011762.874.01$469
Dec 201708057.272.92$234
Nov 2017018955.423.12$589
Oct 2017011549.292.98$343
Sep 2017016247.523.09$500
Aug 2017015245.373.00$457
Jul 2017012243.873.09$377
Jun 2017017942.493.09$553
May 2017012145.373.26$395
Apr 201708947.933.21$286
Mar 2017026046.772.98$776
Feb 2017030350.452.95$895
Jan 2017027449.413.42$937
Dec 2016032148.763.72$1,195
Nov 2016032342.492.64$854
Oct 2016029846.193.09$921
Sep 201609541.553.10$295
Aug 2016029341.442.92$857
Jul 2016025541.622.92$746
Jun 2016329445.352.69$926
May 2016331742.521.99$759
Apr 2016227636.561.99$623
Mar 2016233633.011.79$669
Feb 2016234726.472.06$769
Jan 2016336027.352.36$933
Dec 2015827032.362.00$799
Nov 20151227038.792.17$1,051
Oct 20151253043.552.43$1,809
Sep 20151232542.992.76$1,412
Aug 20151019340.162.87$956
Jul 2015539648.152.95$1,407
Jun 2015035856.152.88$1,032
May 2015030355.212.96$896
Apr 2015010449.822.71$281
Mar 2015033242.892.93$974
Feb 2015017944.662.98$533
Jan 2015014643.433.10$453
Dec 2014036954.693.59$1,325
Nov 2014026670.464.25$1,131
Oct 201407378.303.90$285
Sep 2014022786.164.05$918
Aug 2014030289.394.04$1,219
Jul 2014018296.564.18$761
Jun 2014023198.164.74$1,094
May 2014139094.734.73$1,938
Apr 2014254695.944.81$2,818
Mar 2014250595.895.06$2,745
Feb 2014245897.406.19$3,031
Jan 2014245190.404.86$2,373
Dec 2013243291.824.35$2,065
Nov 2013241688.853.74$1,733
Oct 2013343897.423.78$1,948
Sep 20132410104.113.72$1,732
Aug 20133440104.253.52$1,863
Jul 20132404102.523.72$1,707
Jun 2013334394.403.93$1,632
May 2013339194.834.15$1,907
Apr 2013337593.964.28$1,888
Mar 2013539993.623.91$2,029
Feb 2013337291.233.42$1,546
Jan 2013440691.603.42$1,755
Dec 2012437986.773.42$1,643
Nov 2012440486.953.62$1,812
Oct 2012456189.383.40$2,265
Sep 2012564094.672.92$2,341
Aug 2012641292.662.91$1,754
Jul 2012463285.133.02$2,250
Jun 2012473679.822.52$2,173
May 2012577291.612.49$2,379
Apr 20125633101.652.00$1,772
Mar 20125807105.052.22$2,318
Feb 20125666101.102.57$2,217
Jan 20121171398.092.73$3,028
Dec 20111469596.873.24$3,608
Nov 20111370395.723.31$3,572
Oct 20111370184.983.65$3,662
Sep 20111081283.623.99$4,073
Aug 20111082083.404.15$4,236
Jul 2011774294.144.52$4,011
Jun 2011383392.904.64$4,144
May 2011456598.134.40$2,881
Apr 20112408105.964.33$1,980
Mar 2011130796.364.06$1,342
Feb 2011019785.644.18$823
Jan 201102186.504.59$96
Dec 20100085.734.35$0
Nov 2010013580.843.80$512
Oct 2010473078.103.51$2,874
Sep 2010577072.633.98$3,427
Aug 2010585173.684.42$4,129
Jul 2010580272.554.74$4,161
Jun 2010578070.364.91$4,182
May 2010778371.124.24$3,814
Apr 2010668181.694.12$3,298
Mar 2010773878.394.39$3,788
Feb 2010676473.585.44$4,599
Jan 2010478674.365.96$4,985
Dec 2009650271.445.48$3,181
Nov 2009644874.593.75$2,128
Oct 2009748172.544.11$2,485
Sep 2009578465.543.06$2,730
Aug 2009392567.423.22$3,179
Jul 2009394061.133.46$3,440
Jun 2009393166.163.90$3,825
May 2009396354.743.93$3,945
Apr 2009494446.773.59$3,574
Mar 200921,10042.144.06$4,549
Feb 2009277232.814.63$3,642
Jan 2009279535.865.37$4,342
Dec 2008181837.105.98$4,926
Nov 2008273955.496.86$5,181
Oct 2008288875.246.92$6,297
Sep 200811,307101.767.88$10,397
Aug 200851,183114.228.48$10,607
Jul 2008371,091131.0811.39$17,276
Jun 2008681,007131.3313.03$22,054
May 200858863123.1711.57$17,132
Apr 200882850110.3110.45$17,932
Mar 200888822101.909.66$16,911
Feb 20089576892.538.77$15,526
Jan 20084095490.388.21$11,443
Dec 200741,25688.337.30$9,525
Nov 200741,28891.677.29$9,758
Oct 200741,19382.856.92$8,589
Sep 200721,11375.846.24$7,101
Aug 200721,42569.066.39$9,241
Jul 200721,25570.906.39$8,159
Jun 200721,20562.007.55$9,220
May 200731,22558.747.85$9,788
Apr 200721,21359.617.81$9,587
Mar 200731,27456.927.30$9,473
Feb 200731,17555.108.22$9,819
Jan 200731,26750.306.73$8,674
Dec 200631,28856.656.92$9,081
Nov 200631,62454.207.62$12,533
Oct 200671,41154.906.01$8,870
Sep 200661,54260.085.04$8,128
Aug 200681,63768.717.34$12,565
Jul 200641,70169.376.34$11,067
Jun 200641,64066.286.38$10,735
May 200631,49066.016.42$9,771
Apr 200661,73164.397.36$13,127
Mar 200661,67056.707.08$12,169
Feb 200671,60857.597.75$12,867
Jan 200641,68060.598.93$15,250
Dec 200531,56154.9413.42$21,106
Nov 200531,35254.6910.59$14,480
Oct 2005101,26858.3413.80$18,076
Sep 2005161,51561.4512.08$19,283
Aug 2005141,64061.519.80$16,928
Jul 2005161,82355.697.84$15,190
Jun 2005181,75052.337.38$13,859
May 2005181,80845.226.65$12,839
Apr 2005151,63149.207.36$12,743
Mar 2005131,74350.377.15$13,126
Feb 2005101,41945.226.31$9,409
Jan 200581,71343.166.32$11,175
Dec 200481,78239.866.75$12,349
Nov 200471,75145.286.33$11,402
Oct 200492,04349.706.52$13,758
Sep 200461,93943.245.28$10,505
Aug 200471,73842.375.55$9,944
Jul 200471,76538.286.08$11,007
Jun 200451,64536.106.43$10,763
May 200461,32637.486.49$8,837
Apr 200471,29534.475.86$7,828
Mar 200491,36834.365.53$7,874
Feb 200481,21032.455.51$6,926
Jan 2004111,45332.036.30$9,506
Dec 200381,58930.266.30$10,255
Nov 200361,47928.804.60$6,969
Oct 200371,51228.174.76$7,394
Sep 200361,56326.314.75$7,581
Aug 200361,51129.765.13$7,930
Jul 200361,47729.415.17$7,814
Jun 200361,54128.565.98$9,391
May 200361,72926.595.97$10,486
Apr 200351,68526.675.41$9,245
Mar 200361,57831.146.10$9,806
Feb 200361,32433.487.93$10,695
Jan 2003101,63130.315.58$9,407
Dec 200291,77226.914.85$8,843
Nov 2002352,18224.664.14$9,890
Oct 2002142,31426.464.23$10,157
Sep 200232,35527.443.64$8,643
Aug 200232,35425.963.16$7,526
Jul 200222,13024.583.06$6,571
Jun 2002102,43223.733.34$8,356
May 2002172,26324.663.58$8,530
Apr 2002112,30523.653.51$8,356
Mar 2002142,24022.003.10$7,258
Feb 2002162,07718.222.38$5,226
Jan 2002142,35417.172.38$5,833
Dec 2001142,25416.932.36$5,566
Nov 2001112,42518.072.41$6,032
Oct 2001122,45219.782.53$6,438
Sep 200182,44124.262.25$5,690
Aug 200172,78124.873.05$8,665
Jul 2001102,68723.933.20$8,830
Jun 200122,90724.563.82$11,166
May 200163,22225.524.31$14,031
Apr 2001143,04124.685.34$16,570
Mar 2001113,59924.545.38$19,620
Feb 200183,24827.755.77$18,953
Jan 200183,70227.478.40$31,312
Dec 200073,79526.889.12$34,808
Nov 200083,83732.215.66$21,967
Oct 2000154,15831.235.15$21,863
Sep 200094,33831.875.19$22,786
Aug 2000104,52229.644.54$20,830
Jul 2000104,51028.534.09$18,730
Jun 2000134,53029.304.40$20,300
May 2000234,92927.263.68$18,764
Apr 2000184,80524.513.12$15,414
Mar 2000255,10728.422.86$15,315
Feb 2000245,10027.622.73$14,568
Jan 2000315,89025.272.48$15,394
Dec 1999376,06124.282.42$15,589
Nov 1999376,10123.192.43$15,708
Oct 1999285,72220.982.80$16,630
Sep 1999284,36621.752.62$12,043
Aug 1999265,43619.262.88$16,133
Jul 1999307,49917.892.37$18,327
Jun 1999507,35915.942.36$18,180
May 1999637,97115.792.32$19,496
Apr 1999249,14315.102.21$20,551
Mar 19992210,17812.471.84$18,985
Feb 1999205,9309.981.82$10,979
Jan 1999187,74910.381.90$14,910
Dec 1998269,1959.201.77$16,545
Nov 1998328,39610.892.19$18,700
Oct 1998459,20312.421.97$18,682
Sep 1998255,70212.592.08$12,190
Aug 1998183,74211.301.91$7,341
Jul 1998224,27911.742.24$9,832
Jun 1998101,92511.242.24$4,419
May 1998214,55412.622.21$10,313
Apr 1998265,59613.042.51$14,359
Mar 1998245,45812.802.31$12,912
Feb 1998575,46813.952.30$13,367
Jan 1998676,37714.702.15$14,726
Dec 1997316,35616.322.41$15,831
Nov 1997256,74018.193.09$21,270
Oct 1997287,32019.253.15$23,596
Sep 1997307,41617.742.95$22,446
Aug 19971607,82517.862.55$22,848
Jul 1997978,11117.582.25$19,930
Jun 19975711,23517.242.26$26,342
May 1997709,63418.972.31$23,568
Apr 1997729,44517.882.08$20,959
Mar 19979710,57218.951.94$22,339
Feb 1997869,84120.492.21$23,470
Jan 199715613,15123.483.54$50,213
Dec 199614214,32623.32$3,311
Nov 199617617,49721.97$3,867
Oct 199615316,74323.31$3,566
Sep 199615217,84122.22$3,377
Aug 199618725,66120.26$3,789
Jul 19967713,04819.55$1,505

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                   62 Mcf  × $  3.05 =       $189

────────────────────────────────────────────────────
Month total                                     $402

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/159578 is the state's own key, not one this site invented.