HUFF

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 162023District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$889 k
Feb 1997 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
352
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 Gas111997-05-19136356
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
CondensateDisposition713 bbl$23,367
GasProduction233,474 Mcf$865,632
Total$888,999

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 28.2981, -98.4614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29815, -98.46140 · 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
11,310 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 11,310 ft.

Completions filed
Feb 1997
1 of 1 wells

1 well

42-31133325511,310 ftFeb 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 (352)

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

352 months

May 20260634106.413.05$1,931
Apr 2026018398.932.87$525
Mar 2026064189.753.15$2,019
Feb 2026079263.503.75$2,970
Jan 2026093959.138.00$7,510
Dec 2025066856.664.41$2,948
Nov 2025067258.593.93$2,639
Oct 2025078759.383.30$2,601
Sep 2025055462.743.08$1,705
Aug 20250063.933.01$0
Jul 202501,66366.743.32$5,513
Jun 202501,24966.483.13$3,908
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 20234068.962.26$276
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023013872.852.39$330
Feb 2023014475.112.47$355
Jan 2023010676.533.39$359
Dec 2022032876.415.73$1,879
Nov 202209685.005.65$542
Oct 2022014287.185.86$833
Sep 2022027084.888.16$2,204
Aug 2022036394.529.13$3,313
Jul 20220245101.587.54$1,848
Jun 20220251115.097.98$2,002
May 20220306109.378.43$2,581
Apr 20220411104.226.84$2,810
Mar 20220406108.885.08$2,061
Feb 2022048091.054.86$2,332
Jan 2022022481.844.54$1,016
Dec 2021022471.323.90$873
Nov 2021026077.435.24$1,362
Oct 2021019079.795.71$1,086
Sep 2021016869.865.35$899
Aug 2021026766.024.22$1,127
Jul 2021020970.783.98$832
Jun 2021025969.493.38$876
May 2021030063.483.02$905
Apr 2021062260.362.76$1,716
Mar 2021089661.302.72$2,434
Feb 2021365057.805.55$3,780
Jan 2021057350.412.81$1,610
Dec 2020058644.642.68$1,568
Nov 2020050138.772.71$1,356
Oct 2020062736.972.48$1,554
Sep 2020029537.091.99$587
Aug 2020056939.982.39$1,357
Jul 2020047638.371.83$869
Jun 202008934.901.69$150
May 2020022016.921.81$399
Apr 20200014.751.80$0
Mar 202008630.341.86$160
Feb 2020053749.881.98$1,064
Jan 2020024357.252.09$509
Dec 201908559.012.30$196
Nov 2019059155.302.75$1,626
Oct 2019016153.472.42$389
Sep 2019063655.052.66$1,690
Aug 201901,30953.112.30$3,016
Jul 2019026556.272.46$652
Jun 2019041552.782.49$1,034
May 2019042858.482.74$1,173
Apr 2019055162.632.75$1,516
Mar 2019045656.803.06$1,396
Feb 2019049750.852.79$1,388
Jan 201901,20946.033.23$3,903
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018055065.142.93$1,613
Jun 2018045960.183.08$1,412
May 2018035365.382.90$1,024
Apr 2018036263.842.90$1,050
Mar 2018037061.222.79$1,031
Feb 2018049361.782.77$1,364
Jan 2018046062.874.01$1,844
Dec 2017032757.272.92$955
Nov 2017033655.423.12$1,048
Oct 2017133249.292.98$1,040
Sep 2017012347.523.09$380
Aug 2017036245.373.00$1,088
Jul 2017042243.873.09$1,303
Jun 2017057042.493.09$1,760
May 2017064145.373.26$2,092
Apr 2017155847.933.21$1,840
Mar 2017073446.772.98$2,190
Feb 2017034150.452.95$1,007
Jan 2017043949.413.42$1,501
Dec 2016072248.763.72$2,688
Nov 2016018842.492.64$497
Oct 2016141446.193.09$1,326
Sep 2016053541.553.10$1,659
Aug 2016047541.442.92$1,389
Jul 2016177441.622.92$2,305
Jun 2016033545.352.69$900
May 2016026242.521.99$522
Apr 2016070636.561.99$1,406
Mar 2016056033.011.79$1,005
Feb 2016049826.472.06$1,028
Jan 2016071427.352.36$1,688
Dec 2015038632.362.00$773
Nov 2015057938.792.17$1,255
Oct 2015055443.552.43$1,344
Sep 2015239942.992.76$1,187
Aug 2015049640.162.87$1,425
Jul 2015071048.152.95$2,091
Jun 2015479856.152.88$2,525
May 2015068255.212.96$2,016
Apr 2015057149.822.71$1,545
Mar 2015048642.892.93$1,426
Feb 2015023544.662.98$699
Jan 2015447243.433.10$1,637
Dec 2014051654.693.59$1,853
Nov 2014022370.464.25$948
Oct 2014033378.303.90$1,299
Sep 2014066986.164.05$2,706
Aug 201451,10189.394.04$4,890
Jul 2014066296.564.18$2,767
Jun 2014068798.164.74$3,254
May 2014075194.734.73$3,550
Apr 2014082195.944.81$3,948
Mar 2014086795.895.06$4,384
Feb 2014579897.406.19$5,428
Jan 201401,18790.404.86$5,770
Dec 2013061891.824.35$2,691
Nov 2013095188.853.74$3,555
Oct 2013074897.423.78$2,827
Sep 201301,017104.113.72$3,781
Aug 201301,468104.253.52$5,171
Jul 201301,351102.523.72$5,023
Jun 201301,03094.403.93$4,051
May 2013071694.834.15$2,971
Apr 2013080793.964.28$3,456
Mar 2013094693.623.91$3,702
Feb 2013043491.233.42$1,484
Jan 2013076391.603.42$2,609
Dec 2012092786.773.42$3,170
Nov 2012073486.953.62$2,661
Oct 201201,04289.383.40$3,542
Sep 2012065694.672.92$1,914
Aug 2012079392.662.91$2,306
Jul 2012096485.133.02$2,912
Jun 2012084779.822.52$2,134
May 201201,03991.612.49$2,585
Apr 20120806101.652.00$1,609
Mar 20120787105.052.22$1,749
Feb 20120800101.102.57$2,056
Jan 2012081998.092.73$2,239
Dec 2011098696.873.24$3,194
Nov 2011078595.723.31$2,599
Oct 2011077384.983.65$2,820
Sep 2011075183.623.99$2,993
Aug 201101,14983.404.15$4,768
Jul 201101,13294.144.52$5,114
Jun 2011075792.904.64$3,512
May 201131,11698.134.40$5,210
Apr 201113978105.964.33$5,615
Mar 201101,02396.364.06$4,151
Feb 2011088685.644.18$3,703
Jan 201181,01386.504.59$5,340
Dec 2010101,00485.734.35$5,222
Nov 2010101,28380.843.80$5,678
Oct 2010498778.103.51$3,776
Sep 2010090772.633.98$3,609
Aug 2010592773.684.42$4,465
Jul 201061,44772.554.74$7,289
Jun 201071,26270.364.91$6,689
May 2010069471.124.24$2,939
Apr 2010871481.694.12$3,597
Mar 2010052578.394.39$2,304
Feb 2010064273.585.44$3,494
Jan 20101043674.365.96$3,344
Dec 2009094371.445.48$5,171
Nov 2009079874.593.75$2,994
Oct 2009054772.544.11$2,248
Sep 2009082765.543.06$2,535
Aug 2009071767.423.22$2,308
Jul 2009875061.133.46$3,087
Jun 2009071566.163.90$2,785
May 2009081354.743.93$3,192
Apr 200901,02246.773.59$3,666
Mar 200901,29142.144.06$5,240
Feb 200901,21632.814.63$5,634
Jan 200902,75635.865.37$14,802
Dec 200853,17937.105.98$19,187
Nov 2008018855.496.86$1,290
Oct 2008035775.246.92$2,471
Sep 20080311101.767.88$2,450
Aug 20087371114.228.48$3,947
Jul 20080382131.0811.39$4,351
Jun 20080366131.3313.03$4,770
May 20080408123.1711.57$4,722
Apr 20080373110.3110.45$3,900
Mar 20080321101.909.66$3,102
Feb 2008633092.538.77$3,449
Jan 2008029690.388.21$2,429
Dec 2007035688.337.30$2,600
Nov 2007034291.677.29$2,494
Oct 2007039482.856.92$2,727
Sep 2007028075.846.24$1,748
Aug 2007029369.066.39$1,872
Jul 2007036570.906.39$2,332
Jun 2007033862.007.55$2,551
May 2007634558.747.85$3,059
Apr 2007035559.617.81$2,771
Mar 2007036456.927.30$2,658
Feb 2007033355.108.22$2,736
Jan 2007034450.306.73$2,314
Dec 2006034556.656.92$2,387
Nov 2006039354.207.62$2,994
Oct 2006535854.906.01$2,427
Sep 2006033760.085.04$1,698
Aug 2006038168.717.34$2,797
Jul 2006040869.376.34$2,588
Jun 2006041966.286.38$2,675
May 2006038766.016.42$2,486
Apr 2006041064.397.36$3,018
Mar 2006543156.707.08$3,336
Feb 2006039457.597.75$3,054
Jan 2006039760.598.93$3,547
Dec 2005042154.9413.42$5,648
Nov 2005038354.6910.59$4,055
Oct 2005740658.3413.80$6,009
Sep 2005034661.4512.08$4,179
Aug 2005033961.519.80$3,321
Jul 2005027655.697.84$2,165
Jun 2005022352.337.38$1,646
May 2005426645.226.65$1,950
Apr 2005020149.207.36$1,479
Mar 2005025150.377.15$1,796
Feb 2005024045.226.31$1,515
Jan 2005023643.166.32$1,492
Dec 2004023239.866.75$1,566
Nov 2004022545.286.33$1,424
Oct 20041024149.706.52$2,067
Sep 2004023643.245.28$1,247
Aug 2004025142.375.55$1,393
Jul 2004025738.286.08$1,564
Jun 2004030036.106.43$1,930
May 2004035237.486.49$2,286
Apr 2004032134.475.86$1,881
Mar 2004035034.365.53$1,936
Feb 2004034032.455.51$1,873
Jan 2004035732.036.30$2,249
Dec 20031636830.266.30$2,803
Nov 2003039128.804.60$1,797
Oct 2003035928.174.76$1,709
Sep 2003037026.314.75$1,757
Aug 2003040129.765.13$2,057
Jul 2003040729.415.17$2,105
Jun 2003038628.565.98$2,309
May 2003035826.595.97$2,138
Apr 20031730326.675.41$2,092
Mar 2003039131.146.10$2,384
Feb 2003036233.487.93$2,869
Jan 2003051730.315.58$2,886
Dec 2002039326.914.85$1,908
Nov 2002040824.664.14$1,688
Oct 2002043826.464.23$1,852
Sep 2002038327.443.64$1,392
Aug 2002044925.963.16$1,421
Jul 2002047224.583.06$1,445
Jun 2002041123.733.34$1,372
May 2002043924.663.58$1,573
Apr 2002047423.653.51$1,665
Mar 2002048522.003.10$1,505
Feb 20021943818.222.38$1,387
Jan 2002051417.172.38$1,221
Dec 2001048616.932.36$1,149
Nov 2001047818.072.41$1,150
Oct 2001052019.782.53$1,315
Sep 2001048324.262.25$1,087
Aug 20011054924.873.05$1,925
Jul 2001058323.933.20$1,864
Jun 2001056324.563.82$2,153
May 2001060625.524.31$2,610
Apr 2001055524.685.34$2,961
Mar 20011557824.545.38$3,476
Feb 2001055827.755.77$3,218
Jan 2001055027.478.40$4,619
Dec 2000065226.889.12$5,948
Nov 2000052032.215.66$2,942
Oct 2000069031.235.15$3,550
Sep 20001283631.875.19$4,718
Aug 2000065229.644.54$2,961
Jul 2000069828.534.09$2,855
Jun 2000063729.304.40$2,801
May 2000083627.263.68$3,076
Apr 2000078824.513.12$2,455
Mar 2000077828.422.86$2,225
Feb 20001371827.622.73$2,317
Jan 2000080025.272.48$1,984
Dec 1999070124.282.42$1,699
Nov 1999079523.192.43$1,935
Oct 1999084020.982.80$2,355
Sep 1999083321.752.62$2,182
Aug 1999092919.262.88$2,671
Jul 1999998417.892.37$2,495
Jun 199901,02515.942.36$2,421
May 199901,14315.792.32$2,653
Apr 199901,28015.102.21$2,826
Mar 199901,17512.471.84$2,160
Feb 1999111,6819.981.82$3,165
Jan 199991,52810.381.90$2,997
Dec 199801,6369.201.77$2,901
Nov 199802,31110.892.19$5,051
Oct 199801,26912.421.97$2,499
Sep 199891,36712.592.08$2,960
Aug 199802,88911.301.91$5,510
Jul 199822,65711.742.24$5,968
Jun 1998414,78411.242.24$11,164
May 199804,37512.622.21$9,653
Apr 1998294,78213.042.51$12,359
Mar 199807,92312.802.31$18,298
Feb 1998268713.952.30$1,607
Jan 1998099714.702.15$2,148
Dec 199731,12716.322.41$2,766
Nov 199701,17118.193.09$3,616
Oct 199701,40319.253.15$4,419
Sep 199742,13817.742.95$6,388
Aug 1997261,62117.862.55$4,606
Jul 199751,79217.582.25$4,114
Jun 199701,84217.242.26$4,158
May 199722,69018.972.31$6,248
Apr 1997862,73717.882.08$7,238
Mar 199703,74918.951.94$7,270
Feb 19971953,70620.492.21$12,171

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                  634 Mcf  × $  3.05 =     $1,931

────────────────────────────────────────────────────
Month total                                   $1,931

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/162023 is the state's own key, not one this site invented.