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 159826District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jul 1996 – May 2026
Value, last 12 filed months
$20 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 Gas111996-10-21135616
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
CondensateDisposition2,467 bbl$94,680
GasProduction631,981 Mcf$1,915,690
Total$2,010,370

122,770 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 28.3558, -98.4565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35584, -98.45650 · 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
10,615 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 10,615 ft.

1 well

42-311332097510,615 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 20264191106.413.05$1,007
Apr 20261319398.932.87$1,840
Mar 20261427489.753.15$2,119
Feb 20261424363.503.75$1,800
Jan 20261125159.138.00$2,658
Dec 20251431156.664.41$2,166
Nov 20251426658.593.93$1,865
Oct 2025534859.383.30$1,447
Sep 2025829462.743.08$1,407
Aug 2025528563.933.01$1,179
Jul 2025527866.743.32$1,255
Jun 2025525166.483.13$1,118
May 2025813560.553.23$921
Apr 2025415162.363.54$784
Mar 2025324067.704.27$1,228
Feb 2025410870.884.34$752
Jan 2025632274.324.28$1,824
Dec 2024630668.993.12$1,369
Nov 2024210669.052.20$371
Oct 2024314671.372.28$547
Sep 2024619969.612.36$888
Aug 2024920675.632.06$1,106
Jul 20242037179.932.15$2,395
Jun 20241037378.082.63$1,763
May 2024638778.812.20$1,324
Apr 2024224884.451.66$580
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240773.023.30$23
Dec 2023716371.262.61$924
Nov 2023613477.892.81$844
Oct 2023227485.443.09$1,017
Sep 2023231789.042.74$1,045
Aug 2023313280.522.67$594
Jul 2023310174.852.64$491
Jun 2023213668.962.26$445
May 2023613670.622.23$727
Apr 202347578.122.24$480
Mar 2023512372.852.39$659
Feb 2023612475.112.47$756
Jan 202323676.533.39$275
Dec 202259676.415.73$932
Nov 2022617485.005.65$1,492
Oct 2022413587.185.86$1,140
Sep 202248984.888.16$1,066
Aug 2022410494.529.13$1,327
Jul 20224141101.587.54$1,470
Jun 20225100115.097.98$1,373
May 20225119109.378.43$1,550
Apr 20228126104.226.84$1,695
Mar 202210113108.885.08$1,662
Feb 20221113391.054.86$1,648
Jan 20221216581.844.54$1,731
Dec 20211224371.323.90$1,803
Nov 2021811277.435.24$1,206
Oct 20211218079.795.71$1,986
Sep 20211113569.865.35$1,491
Aug 2021813266.024.22$1,085
Jul 20211120270.783.98$1,583
Jun 20211215869.493.38$1,368
May 2021924163.483.02$1,299
Apr 2021727660.362.76$1,184
Mar 2021822361.302.72$1,096
Feb 2021925357.805.55$1,924
Jan 2021101,25050.412.81$4,017
Dec 2020812344.642.68$686
Nov 202027638.772.71$283
Oct 20201036.972.48$37
Sep 202025837.091.99$190
Aug 2020234939.982.39$912
Jul 202029738.371.83$254
Jun 20202034.901.69$70
May 2020011316.921.81$205
Apr 20200414.751.80$7
Mar 2020113130.341.86$274
Feb 202026649.881.98$230
Jan 202014457.252.09$149
Dec 201913259.012.30$133
Nov 2019111655.302.75$374
Oct 201907153.472.42$172
Sep 20190055.052.66$0
Aug 201901053.112.30$23
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201906562.632.75$179
Mar 201903956.803.06$119
Feb 201902250.852.79$61
Jan 20190146.033.23$3
Dec 201802446.594.19$100
Nov 20180652.934.24$25
Oct 20181961.443.40$92
Sep 201811459.543.11$103
Aug 201824359.403.07$251
Jul 2018614065.142.93$801
Jun 201812260.183.08$128
May 201811765.382.90$115
Apr 2018610063.842.90$673
Mar 2018214161.222.79$515
Feb 201813061.782.77$145
Jan 201813762.874.01$211
Dec 201727057.272.92$319
Nov 201716455.423.12$255
Oct 201712449.292.98$121
Sep 20170747.523.09$22
Aug 20170445.373.00$12
Jul 201712443.873.09$118
Jun 201714542.493.09$181
May 201713745.373.26$166
Apr 201714947.933.21$205
Mar 201701246.772.98$36
Feb 20170250.452.95$6
Jan 201701949.413.42$65
Dec 201601048.763.72$37
Nov 201613442.492.64$132
Oct 2016915546.193.09$895
Sep 20161577341.553.10$3,020
Aug 201611,50441.442.92$4,440
Jul 2016053241.622.92$1,556
Jun 2016142645.352.69$1,190
May 2016125542.521.99$550
Apr 2016139336.561.99$819
Mar 2016153033.011.79$984
Feb 2016133326.472.06$714
Jan 2016028727.352.36$679
Dec 201502432.362.00$48
Nov 2015138938.792.17$882
Oct 2015193943.552.43$2,322
Sep 2015269842.992.76$2,011
Aug 201521,07340.162.87$3,163
Jul 201521,27648.152.95$3,854
Jun 201521,25256.152.88$3,722
May 2015284755.212.96$2,614
Apr 2015276249.822.71$2,162
Mar 2015121142.892.93$662
Feb 2015145644.662.98$1,402
Jan 2015067443.433.10$2,090
Dec 2014025454.693.59$912
Nov 201408770.464.25$370
Oct 20140778.303.90$27
Sep 201403686.164.05$146
Aug 201402289.394.04$89
Jul 201406596.564.18$272
Jun 201402398.164.74$109
May 201403494.734.73$161
Apr 2014042195.944.81$2,025
Mar 201401,26395.895.06$6,387
Feb 201403,46997.406.19$21,480
Jan 201403,44990.404.86$16,765
Dec 20130091.824.35$0
Nov 201307688.853.74$284
Oct 20130297.423.78$8
Sep 201308104.113.72$30
Aug 2013051104.253.52$180
Jul 2013154102.523.72$303
Jun 20130094.403.93$0
May 201312194.834.15$182
Apr 201315593.964.28$330
Mar 20131993.623.91$129
Feb 201334791.233.42$434
Jan 20131346691.603.42$2,784
Dec 2012661486.773.42$2,621
Nov 20125086.953.62$435
Oct 20121626789.383.40$2,338
Sep 20122750594.672.92$4,030
Aug 2012382,61492.662.91$11,123
Jul 201241,64685.133.02$5,313
Jun 2012014079.822.52$353
May 2012013191.612.49$326
Apr 20120182101.652.00$363
Mar 20120180105.052.22$400
Feb 20120105101.102.57$270
Jan 2012014998.092.73$407
Dec 2011020096.873.24$648
Nov 2011126095.723.31$957
Oct 2011551184.983.65$2,289
Sep 2011362783.623.99$2,750
Aug 2011136583.404.15$1,598
Jul 2011262994.144.52$3,030
Jun 2011586492.904.64$4,473
May 201141,02198.134.40$4,890
Apr 201121,004105.964.33$4,563
Mar 201131,15796.364.06$4,983
Feb 2011298485.644.18$4,284
Jan 201131,32086.504.59$6,317
Dec 2010838485.734.35$2,355
Nov 2010859480.843.80$2,901
Oct 2010765278.103.51$2,835
Sep 20100072.633.98$0
Aug 201006773.684.42$296
Jul 2010010172.554.74$478
Jun 2010011570.364.91$565
May 2010019771.124.24$834
Apr 2010260681.694.12$2,662
Mar 201021,18678.394.39$5,362
Feb 2010190373.585.44$4,988
Jan 2010187274.365.96$5,275
Dec 2009020771.445.48$1,135
Nov 200917674.593.75$360
Oct 200917872.544.11$393
Sep 2009011365.543.06$346
Aug 2009013967.423.22$447
Jul 2009017561.133.46$606
Jun 2009124666.163.90$1,024
May 2009130854.743.93$1,264
Apr 2009136646.773.59$1,360
Mar 2009142942.144.06$1,783
Feb 2009146532.814.63$2,187
Jan 200911,18935.865.37$6,422
Dec 200801,56437.105.98$9,348
Nov 2008020955.496.86$1,434
Oct 2008015475.246.92$1,066
Sep 20081348101.767.88$2,843
Aug 20081790114.228.48$6,816
Jul 20081741131.0811.39$8,571
Jun 20081752131.3313.03$9,932
May 20081798123.1711.57$9,359
Apr 20081758110.3110.45$8,035
Mar 20081781101.909.66$7,650
Feb 2008180692.538.77$7,162
Jan 2008194390.388.21$7,828
Dec 2007198088.337.30$7,244
Nov 200711,07891.677.29$7,952
Oct 200711,03682.856.92$7,254
Sep 2007193775.846.24$5,927
Aug 2007179969.066.39$5,173
Jul 2007175470.906.39$4,887
Jun 2007168862.007.55$5,255
May 2007161958.747.85$4,916
Apr 2007163859.617.81$5,039
Mar 2007153556.927.30$3,963
Feb 2007129555.108.22$2,479
Jan 200731,21550.306.73$8,324
Dec 200621,73856.656.92$12,138
Nov 2006081554.207.62$6,208
Oct 2006113354.906.01$855
Sep 2006126560.085.04$1,395
Aug 200631,32868.717.34$9,954
Jul 200631,36169.376.34$8,841
Jun 200621,67066.286.38$10,794
May 2006384666.016.42$5,634
Apr 200651,39164.397.36$10,560
Mar 200661,49256.707.08$10,908
Feb 2006699457.597.75$8,050
Jan 200641,39460.598.93$12,695
Dec 200531,33354.9413.42$18,048
Nov 2005397954.6910.59$10,530
Oct 200531,23158.3413.80$17,158
Sep 200541,65261.4512.08$20,200
Aug 200531,19161.519.80$11,853
Jul 200551,07755.697.84$8,726
Jun 200581,30752.337.38$10,066
May 200581,51345.226.65$10,425
Apr 200541,75549.207.36$13,114
Mar 200531,54350.377.15$11,191
Feb 200521,75845.226.31$11,187
Jan 200531,24243.166.32$7,982
Dec 200431,50439.866.75$10,273
Nov 200421,61945.286.33$10,340
Oct 200421,40749.706.52$9,266
Sep 200421,74243.245.28$9,291
Aug 200421,54042.375.55$8,633
Jul 200421,45738.286.08$8,941
Jun 200411,58936.106.43$10,258
May 200421,65237.486.49$10,804
Apr 200421,87634.475.86$11,059
Mar 200421,70534.365.53$9,498
Feb 200422,34532.455.51$12,985
Jan 200441,91732.036.30$12,205
Dec 200331,68130.266.30$10,684
Nov 200322,24428.804.60$10,369
Oct 200321,95928.174.76$9,380
Sep 200311,89026.314.75$9,003
Aug 200322,05329.765.13$10,591
Jul 200332,08929.415.17$10,890
Jun 200322,14628.565.98$12,897
May 200321,82926.595.97$10,977
Apr 200321,95426.675.41$10,619
Mar 200331,94731.146.10$11,962
Feb 200322,36833.487.93$18,835
Jan 200321,70330.315.58$9,567
Dec 200232,20626.914.85$10,788
Nov 200241,99224.664.14$8,339
Oct 200231,81126.464.23$7,738
Sep 200242,17627.443.64$8,020
Aug 200242,14425.963.16$6,888
Jul 200242,12224.583.06$6,595
Jun 200232,10323.733.34$7,092
May 200232,26924.663.58$8,206
Apr 200232,37023.653.51$8,395
Mar 200252,93522.003.10$9,216
Feb 200262,04618.222.38$4,970
Jan 200276,25317.172.38$14,975
Dec 200132,16016.932.36$5,158
Nov 2001132,47818.072.41$6,196
Oct 200142,87819.782.53$7,357
Sep 2001332,87624.262.25$7,275
Aug 2001141,78024.873.05$5,783
Jul 200153,45323.933.20$11,159
Jun 200113,07024.563.82$11,765
May 200123,34225.524.31$14,446
Apr 200133,34324.685.34$17,910
Mar 2001133,17924.545.38$17,411
Feb 2001242,97227.755.77$17,806
Jan 2001283,31027.478.40$28,569
Dec 2000263,41226.889.12$31,825
Nov 2000163,48432.215.66$20,228
Oct 2000123,70631.235.15$19,444
Sep 2000103,73031.875.19$19,664
Aug 2000104,04629.644.54$18,668
Jul 2000144,04728.534.09$16,951
Jun 2000143,84629.304.40$17,322
May 2000284,27727.263.68$16,502
Apr 2000194,31124.513.12$13,899
Mar 200024,59028.422.86$13,183
Feb 2000174,31427.622.73$12,232
Jan 2000324,59525.272.48$12,207
Dec 1999254,69324.282.42$11,982
Nov 1999365,84423.192.43$15,059
Oct 1999286,87720.982.80$19,869
Sep 1999287,25921.752.62$19,619
Aug 1999256,40719.262.88$18,905
Jul 1999165,84917.892.37$14,162
Jun 1999326,44915.942.36$15,743
May 199937,02715.792.32$16,357
Apr 1999246,93015.102.21$15,664
Mar 1999216,57812.471.84$12,354
Feb 1999135,8649.981.82$10,789
Jan 1999155,64010.381.90$10,871
Dec 1998216,3999.201.77$11,541
Nov 1998257,38510.892.19$16,414
Oct 1998219,04312.421.97$18,068
Sep 1998396312.592.08$2,043
Aug 1998154,01711.301.91$7,831
Jul 1998205,19811.742.24$11,864
Jun 1998153,90211.242.24$8,898
May 1998265,52012.622.21$12,507
Apr 1998316,15013.042.51$15,812
Mar 1998245,23112.802.31$12,388
Feb 1998295,26713.952.30$12,514
Jan 1998346,06614.702.15$13,571
Dec 1997327,69216.322.41$19,068
Nov 1997184,17618.193.09$13,224
Oct 1997337,65119.253.15$24,735
Sep 1997267,75617.742.95$23,379
Aug 1997248,77017.862.55$22,834
Jul 1997279,43417.582.25$21,672
Jun 1997268,10617.242.26$18,745
May 1997268,87418.972.31$20,979
Apr 1997124,09817.882.08$8,750
Mar 1997669,71618.951.94$20,091
Feb 1997509,67820.492.21$22,373
Jan 19975412,44123.483.54$45,305
Dec 19965522,59823.32$1,283
Nov 19965219,61921.97$1,142
Oct 19963620,57623.31$839
Sep 19965825,60222.22$1,289
Aug 19966034,37520.26$1,216
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             4 bbl  × $106.41 =       $426
Gas                  191 Mcf  × $  3.05 =       $582

────────────────────────────────────────────────────
Month total                                   $1,007

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/159826 is the state's own key, not one this site invented.