WR "K"

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 161664District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jan 1997 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
353
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 Gas111997-04-23136288
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
CondensateDisposition10,301 bbl$260,111
GasProduction242,049 Mcf$769,702
Total$1,029,814

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 28.4063, -98.4229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40625, -98.42287 · 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
10,728 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 10,728 ft.

1 well

42-31133311110,728 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 (353)

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

353 months

May 202627451106.413.05$4,247
Apr 20262540298.932.87$3,627
Mar 2026029089.753.15$913
Feb 20263333863.503.75$3,363
Jan 20263670759.138.00$7,783
Dec 2025076556.664.41$3,376
Nov 20253992258.593.93$5,905
Oct 2025080359.383.30$2,654
Sep 20253990362.743.08$5,225
Aug 20253774463.933.01$4,608
Jul 20253980566.743.32$5,272
Jun 202521,14966.483.13$3,728
May 202501,20060.553.23$3,879
Apr 202531,20062.363.54$4,439
Mar 2025354367.704.27$2,521
Feb 202561,50570.884.34$6,958
Jan 2025163,36574.324.28$15,587
Dec 20242394468.993.12$4,533
Nov 202401,14469.052.20$2,515
Oct 20249388971.372.28$8,666
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20245079.932.15$400
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202458080.301.55$4,657
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 202302489.042.74$66
Aug 20230080.522.67$0
Jul 2023194974.852.64$1,552
Jun 2023484068.962.26$3,400
May 202307770.622.23$172
Apr 20231127678.122.24$1,477
Mar 2023621872.852.39$959
Feb 202305975.112.47$145
Jan 2023311976.533.39$633
Dec 202223376.415.73$342
Nov 2022213785.005.65$944
Oct 20220887.185.86$47
Sep 202213184.888.16$338
Aug 202224694.529.13$609
Jul 2022135101.587.54$366
Jun 20220171115.097.98$1,364
May 2022021109.378.43$177
Apr 2022026104.226.84$178
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202108861.302.72$239
Feb 202101257.805.55$67
Jan 20210050.412.81$0
Dec 20200744.642.68$19
Nov 20200338.772.71$8
Oct 20200636.972.48$15
Sep 20200037.091.99$0
Aug 20201339.982.39$47
Jul 202001038.371.83$18
Jun 202001734.901.69$29
May 20200316.921.81$5
Apr 20200314.751.80$5
Mar 202001130.341.86$20
Feb 202002149.881.98$42
Jan 202001757.252.09$36
Dec 201901359.012.30$30
Nov 20190055.302.75$0
Oct 201903953.472.42$94
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190156.272.46$2
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180159.403.07$3
Jul 20180165.142.93$3
Jun 201801260.183.08$37
May 201801065.382.90$29
Apr 20180363.842.90$9
Mar 20180461.222.79$11
Feb 2018018161.782.77$501
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160845.352.69$21
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502038.792.17$43
Oct 20150743.552.43$17
Sep 201501242.992.76$33
Aug 201513140.162.87$129
Jul 201503448.152.95$100
Jun 201503956.152.88$112
May 201503655.212.96$106
Apr 201502349.822.71$62
Mar 201512642.892.93$119
Feb 201503244.662.98$95
Jan 201532943.433.10$220
Dec 201425054.693.59$289
Nov 201423570.464.25$290
Oct 201413478.303.90$211
Sep 201414186.164.05$252
Aug 201401689.394.04$65
Jul 20140896.564.18$33
Jun 201402398.164.74$109
May 201401594.734.73$71
Apr 20140095.944.81$0
Mar 20140795.895.06$35
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20131088.853.74$89
Oct 201351097.423.78$525
Sep 2013845104.113.72$1,000
Aug 2013623104.253.52$707
Jul 2013832102.523.72$939
Jun 2013185494.403.93$1,912
May 2013186694.834.15$1,981
Apr 20132017193.964.28$2,612
Mar 20133916393.623.91$4,289
Feb 20131616791.233.42$2,031
Jan 20132418091.603.42$2,814
Dec 20121819086.773.42$2,212
Nov 20122017086.953.62$2,355
Oct 20121021789.383.40$1,632
Sep 2012411494.672.92$711
Aug 2012415892.662.91$830
Jul 2012211785.133.02$524
Jun 201236479.822.52$401
May 201238591.612.49$486
Apr 20125122101.652.00$752
Mar 2012878105.052.22$1,014
Feb 20121392101.102.57$1,551
Jan 20121115798.092.73$1,508
Dec 20113215196.873.24$3,589
Nov 20113216995.723.31$3,623
Oct 20113113884.983.65$3,138
Sep 20111411583.623.99$1,629
Aug 201135283.404.15$466
Jul 20110094.144.52$0
Jun 20113792.904.64$311
May 201159098.134.40$887
Apr 2011240105.964.33$385
Mar 2011232796.364.06$2,326
Feb 20114035185.644.18$4,893
Jan 20114580786.504.59$7,596
Dec 20101048285.734.35$2,953
Nov 2010320680.843.80$1,024
Oct 2010818878.103.51$1,284
Sep 2010616472.633.98$1,088
Aug 201018873.684.42$463
Jul 201001872.554.74$85
Jun 20101070.364.91$70
May 201012371.124.24$169
Apr 20100081.694.12$0
Mar 20101078.394.39$78
Feb 201022073.585.44$256
Jan 20100074.365.96$0
Dec 20091071.445.48$71
Nov 20092374.593.75$160
Oct 200911072.544.11$114
Sep 20091065.543.06$66
Aug 20093267.423.22$209
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090442.144.06$16
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008019131.0811.39$216
Jun 200800131.3313.03$0
May 2008024123.1711.57$278
Apr 2008025110.3110.45$261
Mar 200800101.909.66$0
Feb 20080892.538.77$70
Jan 20080990.388.21$74
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200702582.856.92$173
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200702870.906.39$179
Jun 20070062.007.55$0
May 200701958.747.85$149
Apr 20070059.617.81$0
Mar 200702356.927.30$168
Feb 20070055.108.22$0
Jan 200702250.306.73$148
Dec 200602556.656.92$173
Nov 20060054.207.62$0
Oct 200603154.906.01$186
Sep 200602060.085.04$101
Aug 20060068.717.34$0
Jul 200601069.376.34$63
Jun 20060066.286.38$0
May 200601766.016.42$109
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200511554.6910.59$214
Oct 2005554358.3413.80$7,783
Sep 2005198261.4512.08$11,923
Aug 20050061.519.80$0
Jul 2005023255.697.84$1,820
Jun 20050252.337.38$15
May 200509245.226.65$612
Apr 2005016249.207.36$1,192
Mar 20050050.377.15$0
Feb 20051145.226.31$52
Jan 20051743.166.32$87
Dec 2004843139.866.75$3,229
Nov 20041147245.286.33$3,486
Oct 2004949449.706.52$3,666
Sep 2004858743.245.28$3,448
Aug 2004959142.375.55$3,662
Jul 2004975938.286.08$4,962
Jun 2004267336.106.43$4,402
May 2004266337.486.49$4,381
Apr 2004397734.475.86$5,827
Mar 2004570034.365.53$4,043
Feb 2004454932.455.51$3,155
Jan 2004473332.036.30$4,746
Dec 2003279030.266.30$5,039
Nov 2003181928.804.60$3,792
Oct 2003183728.174.76$4,012
Sep 2003179326.314.75$3,793
Aug 2003292629.765.13$4,810
Jul 2003992029.415.17$5,022
Jun 20031680328.565.98$5,261
May 20031798126.595.97$6,311
Apr 2003111,14526.675.41$6,485
Mar 2003191231.146.10$5,591
Feb 2003176533.487.93$6,097
Jan 200341,05930.315.58$6,033
Dec 20021993426.914.85$5,045
Nov 20025198824.664.14$5,345
Oct 2002861,50026.464.23$8,619
Sep 2002621,26627.443.64$6,303
Aug 2002701,36525.963.16$6,136
Jul 20023799024.583.06$3,941
Jun 2002341,04123.733.34$4,282
May 2002561,41124.663.58$6,438
Apr 2002141,11223.653.51$4,237
Mar 200241,42122.003.10$4,497
Feb 200231,26718.222.38$3,065
Jan 200241,04217.172.38$2,544
Dec 200171,06716.932.36$2,641
Nov 200181,25118.072.41$3,154
Oct 2001471,48619.782.53$4,688
Sep 2001121,46324.262.25$3,585
Aug 2001441,52224.873.05$5,741
Jul 2001271,75423.933.20$6,254
Jun 2001241,43424.563.82$6,073
May 2001161,48025.524.31$6,783
Apr 2001121,30024.685.34$7,232
Mar 2001691,49124.545.38$9,710
Feb 200151,21127.755.77$7,123
Jan 2001189927.478.40$7,578
Dec 2000171,35026.889.12$12,772
Nov 2000391,83432.215.66$11,633
Oct 2000231,55231.235.15$8,704
Sep 2000491,99731.875.19$11,919
Aug 2000412,14529.644.54$10,955
Jul 2000202,55728.534.09$11,028
Jun 2000262,69929.304.40$12,630
May 2000503,04727.263.68$12,575
Apr 2000462,95824.513.12$10,345
Mar 2000551,86028.422.86$6,882
Feb 2000942,84727.622.73$10,359
Jan 2000872,96725.272.48$9,558
Dec 19991113,13424.282.42$10,291
Nov 19991173,32923.192.43$10,816
Oct 19991383,67120.982.80$13,188
Sep 1999913,93821.752.62$12,292
Aug 1999984,48719.262.88$14,790
Jul 19991925,39717.892.37$16,239
Jun 19991385,70715.942.36$15,680
May 19991995,61615.792.32$16,177
Apr 19992215,72115.102.21$15,969
Mar 19992656,56212.471.84$15,368
Feb 19993436,8649.981.82$15,900
Jan 19993767,56910.381.90$18,284
Dec 19983608,9039.201.77$19,100
Nov 19984519,52210.892.19$25,724
Oct 19981051,52312.421.97$4,303
Sep 1998861,06112.592.08$3,292
Aug 1998801,45611.301.91$3,681
Jul 1998531,27611.742.24$3,477
Jun 1998591,35411.242.24$3,692
May 1998321,92612.622.21$4,653
Apr 1998671,90713.042.51$5,651
Mar 1998731,81012.802.31$5,114
Feb 1998251,39613.952.30$3,558
Jan 1998772,13814.702.15$5,739
Dec 1997802,14316.322.41$6,473
Nov 19971161,63518.193.09$7,159
Oct 1997792,11719.253.15$8,189
Sep 1997302,80717.742.95$8,827
Aug 19971362,66017.862.55$9,225
Jul 19971602,92217.582.25$9,378
Jun 19973273,10217.242.26$12,639
May 19975833,06618.972.31$18,137
Apr 19972573,53117.882.08$11,949
Mar 19974784,39018.951.94$17,571
Feb 19971,0516,86020.492.21$36,667
Jan 19977134,26023.483.54$31,820

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            27 bbl  × $106.41 =     $2,873
Gas                  451 Mcf  × $  3.05 =     $1,374

────────────────────────────────────────────────────
Month total                                   $4,247

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/161664 is the state's own key, not one this site invented.