SWR

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 161148District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$581 k
Nov 1996 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
355
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 Gas111997-02-13136043
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
CondensateDisposition5,340 bbl$177,710
GasProduction124,078 Mcf$403,538
Total$581,248

5,526 Mcf of this lease's gas, across 1 month, 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 28.3738, -98.4014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37380, -98.40143 · 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
11,155 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 11,155 ft.

Completions filed
Nov 1996
1 of 1 wells

1 well

42-31133280511,155 ftNov 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 (355)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

355 months

May 202639240106.413.05$4,881
Apr 20262219298.932.87$2,727
Mar 20262120989.753.15$2,543
Feb 20262211263.503.75$1,817
Jan 20267916259.138.00$5,967
Dec 2025019756.664.41$869
Nov 20252924258.593.93$2,649
Oct 2025378159.383.30$2,465
Sep 20253513662.743.08$2,614
Aug 20253411163.933.01$2,508
Jul 20254213466.743.32$3,247
Jun 20254512166.483.13$3,370
May 2025817560.553.23$1,050
Apr 20251124862.363.54$1,565
Mar 2025916867.704.27$1,326
Feb 2025913670.884.34$1,228
Jan 202575874.324.28$768
Dec 2024915668.993.12$1,108
Nov 2024477469.052.20$3,408
Oct 20242071.372.28$143
Sep 202413069.612.36$905
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 202388774.852.64$829
Jun 20231921368.962.26$1,791
May 202345270.622.23$398
Apr 2023831278.122.24$1,323
Mar 2023529172.852.39$1,061
Feb 20231025975.112.47$1,390
Jan 2023527076.533.39$1,297
Dec 20221628676.415.73$2,861
Nov 20221320585.005.65$2,262
Oct 20222627987.185.86$3,903
Sep 20224631584.888.16$6,476
Aug 20223720394.529.13$5,350
Jul 202237228101.587.54$5,478
Jun 202214238115.097.98$3,510
May 2022569109.378.43$1,129
Apr 20221224104.226.84$1,636
Mar 20221185108.885.08$1,048
Feb 2022115791.054.86$854
Jan 2022127381.844.54$1,321
Dec 2021118171.323.90$777
Nov 2021131877.435.24$1,743
Oct 2021013079.795.71$743
Sep 202103369.865.35$177
Aug 202107066.024.22$295
Jul 20210070.783.98$0
Jun 2021019469.493.38$656
May 202107163.483.02$214
Apr 202113060.362.76$143
Mar 202106861.302.72$185
Feb 2021115857.805.55$934
Jan 2021026950.412.81$756
Dec 2020329644.642.68$926
Nov 202028638.772.71$310
Oct 2020215736.972.48$463
Sep 2020213937.091.99$351
Aug 2020427139.982.39$806
Jul 202011938.371.83$73
Jun 2020415234.901.69$397
May 2020018516.921.81$336
Apr 20200014.751.80$0
Mar 2020229530.341.86$608
Feb 2020117749.881.98$400
Jan 202017757.252.09$219
Dec 2019112759.012.30$352
Nov 2019119655.302.75$594
Oct 2019213153.472.42$424
Sep 2019218155.052.66$591
Aug 201904253.112.30$97
Jul 2019213156.272.46$435
Jun 201957252.782.49$443
May 201934458.482.74$296
Apr 201913162.632.75$148
Mar 2019211356.803.06$460
Feb 201941950.852.79$256
Jan 201926346.033.23$295
Dec 201828246.594.19$436
Nov 201823752.934.24$263
Oct 201819861.443.40$394
Sep 201822959.543.11$209
Aug 201827159.403.07$337
Jul 201825565.142.93$292
Jun 201847660.183.08$475
May 2018111365.382.90$393
Apr 2018310963.842.90$508
Mar 201825161.222.79$265
Feb 2018011461.782.77$315
Jan 201804062.874.01$160
Dec 2017011457.272.92$333
Nov 2017038255.423.12$1,191
Oct 20170049.292.98$0
Sep 20170147.523.09$3
Aug 20170045.373.00$0
Jul 20171043.873.09$44
Jun 20170042.493.09$0
May 201734145.373.26$270
Apr 201749347.933.21$490
Mar 2017410946.772.98$512
Feb 201759950.452.95$545
Jan 2017314049.413.42$627
Dec 201639948.763.72$515
Nov 2016311042.492.64$418
Oct 2016815246.193.09$839
Sep 2016413741.553.10$591
Aug 2016214541.442.92$507
Jul 2016414841.622.92$599
Jun 2016113145.352.69$397
May 201602342.521.99$46
Apr 201605636.561.99$112
Mar 201603733.011.79$66
Feb 201602726.472.06$56
Jan 201602827.352.36$66
Dec 20150932.362.00$18
Nov 201505138.792.17$111
Oct 201509743.552.43$235
Sep 201502942.992.76$80
Aug 201506040.162.87$172
Jul 201506748.152.95$197
Jun 201505656.152.88$161
May 201503755.212.96$109
Apr 201505149.822.71$138
Mar 2015010342.892.93$302
Feb 201506244.662.98$185
Jan 20150343.433.10$9
Dec 201406054.693.59$215
Nov 201408770.464.25$370
Oct 201403278.303.90$125
Sep 201406986.164.05$279
Aug 201408489.394.04$339
Jul 201436496.564.18$557
Jun 201467198.164.74$925
May 201419494.734.73$539
Apr 201407695.944.81$365
Mar 201405395.895.06$268
Feb 201416397.406.19$488
Jan 201435790.404.86$548
Dec 201328291.824.35$541
Nov 201314688.853.74$261
Oct 201307397.423.78$276
Sep 2013092104.113.72$342
Aug 2013061104.253.52$215
Jul 20130146102.523.72$543
Jun 201305394.403.93$208
May 2013011094.834.15$456
Apr 2013012893.964.28$548
Mar 201307193.623.91$278
Feb 2013110391.233.42$443
Jan 201339891.603.42$610
Dec 201239386.773.42$578
Nov 2012311886.953.62$689
Oct 201227189.383.40$420
Sep 201217794.672.92$319
Aug 201239292.662.91$546
Jul 2012111185.133.02$420
Jun 201227679.822.52$351
May 2012513591.612.49$794
Apr 20123145101.652.00$594
Mar 2012398105.052.22$533
Feb 20124139101.102.57$762
Jan 2012614898.092.73$993
Dec 2011310996.873.24$644
Nov 201138295.723.31$559
Oct 2011410884.983.65$734
Sep 2011311383.623.99$701
Aug 2011311783.404.15$736
Jul 2011310394.144.52$748
Jun 2011412992.904.64$970
May 201149998.134.40$829
Apr 20114128105.964.33$979
Mar 2011514496.364.06$1,066
Feb 201159485.644.18$821
Jan 2011711686.504.59$1,138
Dec 201068985.734.35$901
Nov 2010417580.843.80$988
Oct 2010714678.103.51$1,059
Sep 2010215372.633.98$754
Aug 2010412673.684.42$852
Jul 2010414072.554.74$953
Jun 2010511670.364.91$921
May 2010814171.124.24$1,166
Apr 2010210281.694.12$584
Mar 2010149478.394.39$1,510
Feb 20101315573.585.44$1,800
Jan 2010198774.365.96$1,932
Dec 2009910671.445.48$1,224
Nov 20091815274.593.75$1,913
Oct 2009238272.544.11$2,005
Sep 20091016265.543.06$1,152
Aug 20092017067.423.22$1,896
Jul 2009713861.133.46$906
Jun 200957966.163.90$639
May 2009720554.743.93$1,188
Apr 2009724246.773.59$1,196
Mar 200966242.144.06$505
Feb 2009617332.814.63$998
Jan 200974235.865.37$477
Dec 20081514237.105.98$1,405
Nov 2008413555.496.86$1,148
Oct 2008320775.246.92$1,659
Sep 2008251101.767.88$605
Aug 20081134114.228.48$1,251
Jul 2008245131.0811.39$775
Jun 20084211131.3313.03$3,275
May 20084109123.1711.57$1,754
Apr 20085121110.3110.45$1,817
Mar 20084181101.909.66$2,157
Feb 200825292.538.77$641
Jan 2008616690.388.21$1,904
Dec 2007413088.337.30$1,303
Nov 200734391.677.29$589
Oct 2007848282.856.92$3,999
Sep 20071099875.846.24$6,990
Aug 2007717369.066.39$1,589
Jul 2007714570.906.39$1,423
Jun 2007512562.007.55$1,254
May 2007813758.747.85$1,545
Apr 2007621259.617.81$2,012
Mar 2007618656.927.30$1,700
Feb 2007616855.108.22$1,711
Jan 2007516550.306.73$1,361
Dec 2006717656.656.92$1,614
Nov 20061014454.207.62$1,639
Oct 2006432554.906.01$2,174
Sep 2006011660.085.04$584
Aug 2006113868.717.34$1,082
Jul 2006323569.376.34$1,699
Jun 2006120766.286.38$1,388
May 2006124366.016.42$1,627
Apr 2006223864.397.36$1,881
Mar 2006227556.707.08$2,061
Feb 2006219357.597.75$1,611
Jan 2006218360.598.93$1,756
Dec 2005131854.9413.42$4,321
Nov 2005117554.6910.59$1,908
Oct 2005125858.3413.80$3,618
Sep 2005128261.4512.08$3,468
Aug 2005341161.519.80$4,211
Jul 2005517155.697.84$1,620
Jun 20051010452.337.38$1,291
May 2005918345.226.65$1,624
Apr 20051523849.207.36$2,490
Mar 20051514550.377.15$1,793
Feb 2005818045.226.31$1,498
Jan 2005718243.166.32$1,453
Dec 2004114639.866.75$1,026
Nov 200429945.286.33$717
Oct 2004813349.706.52$1,264
Sep 2004520943.245.28$1,321
Aug 2004615642.375.55$1,120
Jul 2004822438.286.08$1,669
Jun 2004311636.106.43$855
May 2004717137.486.49$1,373
Apr 2004922634.475.86$1,634
Mar 2004922234.365.53$1,537
Feb 2004935332.455.51$2,237
Jan 2004825732.036.30$1,875
Dec 2003731130.266.30$2,172
Nov 2003830428.804.60$1,627
Oct 2003737928.174.76$2,001
Sep 2003558026.314.75$2,886
Aug 2003640629.765.13$2,261
Jul 2003437929.415.17$2,077
Jun 2003539028.565.98$2,476
May 2003648326.595.97$3,044
Apr 2003427526.675.41$1,594
Mar 2003660631.146.10$3,881
Feb 2003109633.487.93$1,096
Jan 20032534330.315.58$2,672
Dec 200218842026.914.85$7,098
Nov 2002649124.664.14$1,955
Oct 20022627726.464.23$1,859
Sep 2002120127.443.64$758
Aug 2002223825.963.16$805
Jul 2002326824.583.06$894
Jun 2002327523.733.34$989
May 2002531924.663.58$1,267
Apr 2002530023.653.51$1,172
Mar 2002530122.003.10$1,044
Feb 2002326318.222.38$679
Jan 2002234017.172.38$842
Dec 2001230416.932.36$753
Nov 200116233418.072.41$3,731
Oct 200126737219.782.53$6,222
Sep 2001333624.262.25$829
Aug 2001538724.873.05$1,306
Jul 2001630523.933.20$1,119
Jun 2001168924.563.82$733
May 20011317025.524.31$1,064
Apr 2001314924.685.34$869
Mar 2001315924.545.38$928
Feb 2001233927.755.77$2,011
Jan 20011848927.478.40$4,601
Dec 20002750526.889.12$5,333
Nov 20006122132.215.66$3,215
Oct 20004918831.235.15$2,498
Sep 20004822531.875.19$2,697
Aug 20002233729.644.54$2,182
Jul 20004734228.534.09$2,740
Jun 20001431429.304.40$1,791
May 20004630927.263.68$2,391
Apr 20002442324.513.12$1,906
Mar 200006228.422.86$177
Feb 2000337727.622.73$1,111
Jan 2000151,00525.272.48$2,872
Dec 19996355724.282.42$2,880
Nov 19993650823.192.43$2,071
Oct 199955620.982.80$262
Sep 199931021.752.62$91
Aug 19991591019.262.88$2,906
Jul 1999711,01717.892.37$3,683
Jun 19991131,08015.942.36$4,352
May 1999851,88015.792.32$5,706
Apr 19993263715.102.21$1,890
Mar 1999891,54812.471.84$3,956
Feb 1999701,2199.981.82$2,914
Jan 1999771,42710.381.90$3,510
Dec 1998952,8819.201.77$5,983
Nov 1998571,71810.892.19$4,376
Oct 1998481,80312.421.97$4,147
Sep 1998632,32912.592.08$5,644
Aug 19983193,18211.301.91$9,674
Jul 1998903,47011.742.24$8,820
Jun 1998551,90011.242.24$4,869
May 1998584,23012.622.21$10,065
Apr 1998825,22213.042.51$14,152
Mar 1998986,31812.802.31$15,845
Feb 19981606,33413.952.30$16,795
Jan 19984052014.702.15$1,708
Dec 1997571,36016.322.41$4,209
Nov 1997641,41718.193.09$5,540
Oct 19971680919.253.15$2,856
Sep 1997361,43417.742.95$4,876
Aug 19970017.862.55$0
Jul 19971681817.582.25$2,119
Jun 1997351,88117.242.26$4,849
May 1997331,65818.972.31$4,454
Apr 1997141,39517.882.08$3,156
Mar 1997311,66018.951.94$3,806
Feb 19971041,98220.492.21$6,503
Jan 19971392,99523.483.54$13,865
Dec 19961905,52623.32$4,431
Nov 19960021.97$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            39 bbl  × $106.41 =     $4,150
Gas                  240 Mcf  × $  3.05 =       $731

────────────────────────────────────────────────────
Month total                                   $4,881

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/161148 is the state's own key, not one this site invented.