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 161878District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jan 1997 – May 2026
Value, last 12 filed months
$2 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 Gas111997-04-04136333
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
CondensateDisposition3,587 bbl$125,181
GasProduction400,049 Mcf$1,442,837
Total$1,568,018

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 28.3343, -98.4840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33427, -98.48398 · 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
10,700 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 10,700 ft.

Completions filed
Jan 1997
1 of 1 wells

1 well

42-3113330411110,700 ftJan 1997

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 20260160106.413.05$487
Apr 2026011298.932.87$321
Mar 2026040089.753.15$1,260
Feb 202604963.503.75$184
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
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 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20201044.642.68$45
Nov 2020915038.772.71$755
Oct 20203036.972.48$111
Sep 2020117137.091.99$549
Aug 20201141439.982.39$1,427
Jul 2020937738.371.83$1,033
Jun 20201924434.901.69$1,076
May 2020021616.921.81$392
Apr 202033514.751.80$107
Mar 20201333230.341.86$1,011
Feb 20201733649.881.98$1,513
Jan 2020813357.252.09$737
Dec 2019742859.012.30$1,399
Nov 2019653955.302.75$1,814
Oct 2019655153.472.42$1,653
Sep 2019437955.052.66$1,227
Aug 2019820253.112.30$890
Jul 2019829256.272.46$1,169
Jun 2019918652.782.49$938
May 2019819958.482.74$1,013
Apr 2019628962.632.75$1,171
Mar 2019738256.803.06$1,567
Feb 2019635750.852.79$1,302
Jan 2019527746.033.23$1,124
Dec 2018834246.594.19$1,804
Nov 2018627852.934.24$1,496
Oct 2018017861.443.40$605
Sep 2018134059.543.11$1,116
Aug 2018143359.403.07$1,387
Jul 2018127765.142.93$877
Jun 2018128160.183.08$925
May 2018130965.382.90$962
Apr 2018020563.842.90$595
Mar 2018242461.222.79$1,304
Feb 2018140361.782.77$1,177
Jan 2018148262.874.01$1,995
Dec 2017152257.272.92$1,582
Nov 2017153955.423.12$1,736
Oct 2017148649.292.98$1,499
Sep 2017128447.523.09$924
Aug 2017139245.373.00$1,223
Jul 2017163643.873.09$2,007
Jun 2017163442.493.09$2,000
May 2017141745.373.26$1,406
Apr 2017159847.933.21$1,968
Mar 2017158546.772.98$1,792
Feb 2017153250.452.95$1,621
Jan 2017143149.413.42$1,523
Dec 2016160448.763.72$2,297
Nov 2016038342.492.64$1,013
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201607141.442.92$208
Jul 201609641.622.92$281
Jun 2016044845.352.69$1,203
May 2016045942.521.99$914
Apr 2016065836.561.99$1,310
Mar 2016027433.011.79$492
Feb 2016037126.472.06$766
Jan 2016032927.352.36$778
Dec 2015029332.362.00$586
Nov 2015039738.792.17$860
Oct 2015044443.552.43$1,077
Sep 2015044242.992.76$1,219
Aug 2015061840.162.87$1,775
Jul 2015049748.152.95$1,464
Jun 2015158056.152.88$1,728
May 2015170955.212.96$2,151
Apr 2015080149.822.71$2,168
Mar 2015020242.892.93$593
Feb 2015010944.662.98$324
Jan 2015034543.433.10$1,070
Dec 201401,00154.693.59$3,595
Nov 2014099770.464.25$4,239
Oct 2014093378.303.90$3,640
Sep 2014098086.164.05$3,965
Aug 2014072589.394.04$2,925
Jul 2014089096.564.18$3,720
Jun 2014085098.164.74$4,026
May 201421,08194.734.73$5,299
Apr 201421,10795.944.81$5,516
Mar 201431,27595.895.06$6,735
Feb 201421,03197.406.19$6,579
Jan 2014281190.404.86$4,123
Dec 201321,27591.824.35$5,736
Nov 201321,44188.853.74$5,565
Oct 2013374997.423.78$3,123
Sep 20132454104.113.72$1,896
Aug 201331,150104.253.52$4,364
Jul 201331,224102.523.72$4,858
Jun 201331,13494.403.93$4,744
May 20131498394.834.15$5,406
Apr 2013491,16993.964.28$9,610
Mar 2013741,24793.623.91$11,807
Feb 2013541,12191.233.42$8,760
Jan 2013661,22591.603.42$10,235
Dec 2012671,31186.773.42$10,297
Nov 2012701,36686.953.62$11,038
Oct 2012431,52689.383.40$9,031
Sep 201291,29194.672.92$4,620
Aug 201261,22492.662.91$4,116
Jul 201241,62085.133.02$5,234
Jun 201241,59079.822.52$4,325
May 201251,78091.612.49$4,887
Apr 201251,805101.652.00$4,112
Mar 201252,041105.052.22$5,061
Feb 201251,884101.102.57$5,348
Jan 201252,09198.092.73$6,207
Dec 201152,04796.873.24$7,116
Nov 201152,23795.723.31$7,886
Oct 201152,21584.983.65$8,506
Sep 201162,27383.623.99$9,561
Aug 2011112,50183.404.15$11,295
Jul 2011112,27294.144.52$11,299
Jun 2011101,85092.904.64$9,513
May 2011132,17598.134.40$10,856
Apr 2011112,025105.964.33$9,940
Mar 2011122,37796.364.06$10,801
Feb 201161,00485.644.18$4,711
Jan 201151,92086.504.59$9,243
Dec 201014985.734.35$299
Nov 2010119280.843.80$810
Oct 2010252278.103.51$1,988
Sep 2010247272.633.98$2,024
Aug 2010246473.684.42$2,198
Jul 2010148272.554.74$2,356
Jun 2010145170.364.91$2,285
May 2010146571.124.24$2,041
Apr 2010144181.694.12$1,900
Mar 2010146778.394.39$2,128
Feb 2010137773.585.44$2,125
Jan 2010145574.365.96$2,788
Dec 2009243971.445.48$2,550
Nov 2009247774.593.75$1,939
Oct 2009249472.544.11$2,176
Sep 2009148765.543.06$1,558
Aug 2009150567.423.22$1,693
Jul 2009148761.133.46$1,748
Jun 2009152366.163.90$2,103
May 2009154054.743.93$2,175
Apr 2009159746.773.59$2,189
Mar 2009162442.144.06$2,575
Feb 2009054632.814.63$2,530
Jan 2009063835.865.37$3,427
Dec 2008056437.105.98$3,371
Nov 2008053555.496.86$3,670
Oct 2008057975.246.92$4,008
Sep 20080652101.767.88$5,136
Aug 20080728114.228.48$6,176
Jul 20080602131.0811.39$6,856
Jun 20080622131.3313.03$8,106
May 20081657123.1711.57$7,727
Apr 20080547110.3110.45$5,719
Mar 20081577101.909.66$5,678
Feb 2008165692.538.77$5,846
Jan 2008171190.388.21$5,925
Dec 2007172988.337.30$5,411
Nov 2007161591.677.29$4,576
Oct 2007171982.856.92$5,060
Sep 2007176975.846.24$4,878
Aug 2007177369.066.39$5,007
Jul 2007173170.906.39$4,740
Jun 2007170062.007.55$5,346
May 2007172558.747.85$5,747
Apr 2007174159.617.81$5,843
Mar 2007176456.927.30$5,636
Feb 2007167655.108.22$5,609
Jan 2007381750.306.73$5,647
Dec 2006384056.656.92$5,981
Nov 2006293954.207.62$7,261
Oct 2006290254.906.01$5,534
Sep 2006185860.085.04$4,382
Aug 2006289668.717.34$6,714
Jul 2006287869.376.34$5,708
Jun 2006289366.286.38$5,833
May 2006391566.016.42$6,077
Apr 2006285564.397.36$6,422
Mar 2006287856.707.08$6,332
Feb 2006286657.597.75$6,828
Jan 2006299260.598.93$8,983
Dec 2005298154.9413.42$13,270
Nov 2005188854.6910.59$9,457
Oct 2005152458.3413.80$7,287
Sep 2005282661.4512.08$10,100
Aug 2005679961.519.80$8,197
Jul 20051283155.697.84$7,186
Jun 20051378152.337.38$6,445
May 20051183645.226.65$6,058
Apr 2005985549.207.36$6,736
Mar 20051284550.377.15$6,650
Feb 20051079645.226.31$5,476
Jan 2005586543.166.32$5,685
Dec 2004587039.866.75$6,073
Nov 2004586045.286.33$5,671
Oct 2004594349.706.52$6,392
Sep 2004592943.245.28$5,125
Aug 2004795242.375.55$5,581
Jul 20041091338.286.08$5,938
Jun 2004586536.106.43$5,745
May 20042290337.486.49$6,689
Apr 20043797334.475.86$6,976
Mar 20044598534.365.53$6,993
Feb 20043399132.455.51$6,531
Jan 2004601,04832.036.30$8,524
Dec 2003381,03830.266.30$7,691
Nov 2003121,01028.804.60$4,987
Oct 200321,09028.174.76$5,244
Sep 200311,07526.314.75$5,132
Aug 200321,02829.765.13$5,333
Jul 200321,17529.415.17$6,135
Jun 200321,04428.565.98$6,303
May 200321,14526.595.97$6,892
Apr 200321,17526.675.41$6,407
Mar 200331,15031.146.10$7,104
Feb 200321,07533.487.93$8,587
Jan 200321,26930.315.58$7,144
Dec 200221,31826.914.85$6,451
Nov 200231,18524.664.14$4,976
Oct 200231,22826.464.23$5,273
Sep 200241,24727.443.64$4,643
Aug 200241,28625.963.16$4,173
Jul 200261,36224.583.06$4,318
Jun 2002101,25923.733.34$4,440
May 2002171,35424.663.58$5,272
Apr 2002131,38923.653.51$5,186
Mar 200231,20822.003.10$3,814
Feb 200211,08218.222.38$2,589
Jan 200231,26717.172.38$3,062
Dec 200141,28416.932.36$3,104
Nov 200141,21718.072.41$3,000
Oct 200141,38619.782.53$3,584
Sep 200131,43424.262.25$3,301
Aug 200131,20024.873.05$3,738
Jul 200141,45923.933.20$4,760
Jun 200161,37524.563.82$5,406
May 2001101,44025.524.31$6,458
Apr 2001101,42924.685.34$7,871
Mar 2001121,52124.545.38$8,472
Feb 2001121,35227.755.77$8,130
Jan 2001151,51527.478.40$13,136
Dec 2000141,59826.889.12$14,954
Nov 2000121,60732.215.66$9,479
Oct 2000281,61831.235.15$9,200
Sep 2000221,64731.875.19$9,243
Aug 2000131,77029.644.54$8,422
Jul 2000131,74828.534.09$7,520
Jun 2000181,56729.304.40$7,418
May 2000152,05027.263.68$7,952
Apr 2000122,04924.513.12$6,679
Mar 200032,14928.422.86$6,231
Feb 2000212,18527.622.73$6,537
Jan 2000172,64525.272.48$6,991
Dec 1999172,67324.282.42$6,891
Nov 1999152,73823.192.43$7,012
Oct 1999192,77020.982.80$8,165
Sep 1999252,65821.752.62$7,505
Aug 1999173,30119.262.88$9,820
Jul 1999153,31617.892.37$8,135
Jun 1999293,31115.942.36$8,283
May 1999463,60115.792.32$9,084
Apr 1999433,51615.102.21$8,413
Mar 1999393,92312.471.84$7,698
Feb 1999373,7429.981.82$7,171
Jan 1999444,26510.381.90$8,560
Dec 1998524,4089.201.77$8,295
Nov 1998614,82010.892.19$11,199
Oct 1998455,21212.421.97$10,822
Sep 1998245,16712.592.08$11,063
Aug 1998325,75611.301.91$11,340
Jul 1998646,13311.742.24$14,473
Jun 1998807,41211.242.24$17,482
May 1998756,89912.622.21$16,168
Apr 19981309,51713.042.51$25,538
Mar 19981038,13212.802.31$20,099
Feb 19981082,29813.952.30$6,790
Jan 19981263,23114.702.15$8,814
Dec 1997812,34016.322.41$6,964
Nov 1997583,56218.193.09$12,055
Oct 1997263,98019.253.15$13,037
Sep 1997284,06417.742.95$12,505
Aug 1997794,87617.862.55$13,868
Jul 1997875,24217.582.25$13,308
Jun 1997635,29017.242.26$13,027
May 1997466,53618.972.31$15,961
Apr 1997557,45917.882.08$16,519
Mar 1997739,41018.951.94$19,631
Feb 19976811,47920.492.21$26,715
Jan 1997334,62823.483.54$17,157

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             0 bbl  × $106.41 =         $0
Gas                  160 Mcf  × $  3.05 =       $487

────────────────────────────────────────────────────
Month total                                     $487

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/161878 is the state's own key, not one this site invented.