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 162046District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Feb 1997 – May 2026
Value, last 12 filed months
$29 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 Gas111997-04-23136415
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
CondensateDisposition22,934 bbl$674,602
GasProduction429,069 Mcf$1,624,739
Total$2,299,341

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 28.4074, -98.4193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40737, -98.41935 · 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
10,758 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 10,758 ft.

1 well

42-31133332610,758 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 (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 202631200106.413.05$3,908
Apr 2026419398.932.87$4,323
Mar 2026027989.753.15$879
Feb 20264310663.503.75$3,128
Jan 20264324659.138.00$4,510
Dec 2025026456.664.41$1,165
Nov 20252312958.593.93$1,854
Oct 2025013359.383.30$440
Sep 20252022862.743.08$1,956
Aug 20252030563.933.01$2,198
Jul 20252215566.743.32$1,982
Jun 2025394466.483.13$2,730
May 2025326160.553.23$2,135
Apr 20255430262.363.54$4,437
Mar 20252031967.704.27$2,716
Feb 20252019270.884.34$2,251
Jan 20251769074.324.28$4,216
Dec 20241117868.993.12$1,314
Nov 2024043569.052.20$956
Oct 202478071.372.28$5,567
Sep 20240069.612.36$0
Aug 2024047875.632.06$986
Jul 20244314779.932.15$3,753
Jun 2024047578.082.63$1,251
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202480080.301.55$6,424
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202302877.892.81$79
Oct 202304785.443.09$145
Sep 202306689.042.74$181
Aug 202306880.522.67$182
Jul 2023242274.852.64$1,855
Jun 2023846668.962.26$5,942
May 202308070.622.23$178
Apr 2023327778.122.24$2,672
Mar 20232510672.852.39$2,075
Feb 2023024975.112.47$614
Jan 2023168676.533.39$1,516
Dec 2022155576.415.73$1,461
Nov 20221429185.005.65$2,833
Oct 2022020287.185.86$1,184
Sep 2022720984.888.16$2,300
Aug 20221319994.529.13$3,045
Jul 20227205101.587.54$2,257
Jun 20220251115.097.98$2,002
May 20226108109.378.43$1,567
Apr 2022972104.226.84$1,430
Mar 202212173108.885.08$2,185
Feb 20221415091.054.86$2,004
Jan 20223839981.844.54$4,920
Dec 20212228271.323.90$2,669
Nov 2021045877.435.24$2,398
Oct 20211230379.795.71$2,689
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202126069.493.38$1,807
May 2021011063.483.02$332
Apr 2021226960.362.76$1,518
Mar 2021017861.302.72$484
Feb 20212515057.805.55$2,277
Jan 2021020250.412.81$568
Dec 20201820144.642.68$1,341
Nov 2020020238.772.71$547
Oct 2020020936.972.48$518
Sep 2020925937.091.99$849
Aug 20202225339.982.39$1,483
Jul 2020021538.371.83$392
Jun 20202022034.901.69$1,070
May 2020028716.921.81$521
Apr 2020812614.751.80$345
Mar 20201423030.341.86$852
Feb 202007049.881.98$139
Jan 2020154357.252.09$949
Dec 2019257859.012.30$1,655
Nov 20191810155.302.75$1,273
Oct 20191718853.472.42$1,364
Sep 20191720555.052.66$1,481
Aug 20192613653.112.30$1,694
Jul 2019020756.272.46$509
Jun 20191531052.782.49$1,564
May 2019108058.482.74$804
Apr 2019912362.632.75$902
Mar 2019011356.803.06$346
Feb 2019118950.852.79$808
Jan 201909646.033.23$310
Dec 20183410146.594.19$2,007
Nov 20185917652.934.24$3,869
Oct 20188425561.443.40$6,027
Sep 201808459.543.11$261
Aug 20187914159.403.07$5,125
Jul 20187021565.142.93$5,190
Jun 201813811260.183.08$8,649
May 2018029265.382.90$847
Apr 20186728063.842.90$5,090
Mar 20184417761.222.79$3,187
Feb 2018528061.782.77$1,083
Jan 2018737562.874.01$1,944
Dec 20176863557.272.92$5,750
Nov 2017791255.423.12$3,232
Oct 201723249.292.98$1,140
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201709642.493.09$296
May 2017047745.373.26$1,557
Apr 20176553147.933.21$4,821
Mar 2017041746.772.98$1,244
Feb 20179462850.452.95$6,597
Jan 2017075149.413.42$2,568
Dec 20168680648.763.72$7,194
Nov 2016083142.492.64$2,197
Oct 20167584946.193.09$6,088
Sep 2016066041.553.10$2,046
Aug 2016067041.442.92$1,959
Jul 20163660541.622.92$3,268
Jun 2016073345.352.69$1,969
May 2016546142.521.99$1,130
Apr 2016074136.561.99$1,475
Mar 20161970833.011.79$1,897
Feb 20162183426.472.06$2,277
Jan 2016032127.352.36$759
Dec 20152360032.362.00$1,945
Nov 20159250338.792.17$4,659
Oct 20155053743.552.43$3,481
Sep 20153764742.992.76$3,375
Aug 20155769440.162.87$4,283
Jul 20152870748.152.95$3,430
Jun 20152371756.152.88$3,358
May 20151881655.212.96$3,405
Apr 20152126849.822.71$1,772
Mar 20154940242.892.93$3,281
Feb 20155147244.662.98$3,682
Jan 20157555243.433.10$4,969
Dec 20145162054.693.59$5,016
Nov 20144059570.464.25$5,348
Oct 20142954278.303.90$4,385
Sep 20142255386.164.05$4,133
Aug 20142277189.394.04$5,078
Jul 20143498796.564.18$7,408
Jun 201401,03498.164.74$4,898
May 2014421,21694.734.73$9,726
Apr 20144733095.944.81$6,096
Mar 20143875395.895.06$7,452
Feb 20144346797.406.19$7,080
Jan 201411370890.404.86$13,657
Dec 20139688391.824.35$12,660
Nov 201312965488.853.74$13,906
Oct 2013470997.423.78$3,069
Sep 20134772104.113.72$3,287
Aug 20134782104.253.52$3,172
Jul 20133720102.523.72$2,984
Jun 2013462994.403.93$2,852
May 2013361394.834.15$2,828
Apr 2013270093.964.28$3,186
Mar 2013459593.623.91$2,703
Feb 2013265491.233.42$2,419
Jan 2013387491.603.42$3,264
Dec 2012283386.773.42$3,023
Nov 2012289286.953.62$3,407
Oct 2012295189.383.40$3,412
Sep 201211,01194.672.92$3,045
Aug 2012194092.662.91$2,826
Jul 2012197485.133.02$3,027
Jun 2012190279.822.52$2,352
May 2012199791.612.49$2,572
Apr 20121988101.652.00$2,074
Mar 20122995105.052.22$2,421
Feb 20122932101.102.57$2,598
Jan 2012176198.092.73$2,179
Dec 2011245496.873.24$1,665
Nov 2011237295.723.31$1,423
Oct 2011241584.983.65$1,684
Sep 2011238683.623.99$1,706
Aug 2011247283.404.15$2,125
Jul 2011148494.144.52$2,280
Jun 2011015792.904.64$728
May 2011132798.134.40$1,539
Apr 20111584105.964.33$2,637
Mar 2011267896.364.06$2,944
Feb 2011975985.644.18$3,943
Jan 20112282386.504.59$5,680
Dec 20101066985.734.35$3,766
Nov 2010968380.843.80$3,320
Oct 2010550778.103.51$2,170
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20103072.554.74$218
Jun 20101624470.364.91$2,324
May 20105894371.124.24$8,119
Apr 20105135381.694.12$5,622
Mar 20108246978.394.39$8,486
Feb 20103650573.585.44$5,397
Jan 20104770774.365.96$7,712
Dec 20093185971.445.48$6,925
Nov 20092257574.593.75$3,798
Oct 20091666772.544.11$3,902
Sep 20091277365.543.06$3,156
Aug 20092378867.423.22$4,087
Jul 20092379061.133.46$4,143
Jun 20092569666.163.90$4,365
May 20092880454.743.93$4,689
Apr 20091379046.773.59$3,442
Mar 20091399342.144.06$4,578
Feb 20091570132.814.63$3,740
Jan 20092890335.865.37$5,854
Dec 20082780937.105.98$5,837
Nov 2008897355.496.86$7,119
Oct 2008790475.246.92$6,784
Sep 20089893101.767.88$7,950
Aug 20086947114.228.48$8,719
Jul 20086995131.0811.39$12,119
Jun 200841,034131.3313.03$14,001
May 200851,174123.1711.57$14,204
Apr 200861,153110.3110.45$12,716
Mar 200851,237101.909.66$12,464
Feb 2008639592.538.77$4,020
Jan 2008537490.388.21$3,521
Dec 200721,14688.337.30$8,545
Nov 200731,16191.677.29$8,741
Oct 200731,18282.856.92$8,430
Sep 200721,20375.846.24$7,663
Aug 200731,36169.066.39$8,901
Jul 200761,18470.906.39$7,989
Jun 2007799962.007.55$7,975
May 20071197058.747.85$8,257
Apr 200781,07359.617.81$8,852
Mar 2007161,27756.927.30$10,235
Feb 2007161,07755.108.22$9,730
Jan 2007111,14850.306.73$8,276
Dec 200621,12156.656.92$7,869
Nov 200621,11854.207.62$8,625
Oct 2006221,29554.906.01$8,996
Sep 2006391,23760.085.04$8,574
Aug 2006511,25368.717.34$12,701
Jul 20061101,25769.376.34$15,604
Jun 2006791,27166.286.38$13,350
May 2006701,00966.016.42$11,104
Apr 200610587464.397.36$13,194
Mar 200618198156.707.08$17,211
Feb 20061141,07057.597.75$14,859
Jan 200611198260.598.93$15,498
Dec 2005591,05554.9413.42$17,395
Nov 2005661,26354.6910.59$16,983
Oct 2005251,07258.3413.80$16,248
Sep 200521,11461.4512.08$13,579
Aug 200541,41461.519.80$14,099
Jul 2005499455.697.84$8,019
Jun 2005587652.337.38$6,727
May 2005485345.226.65$5,854
Apr 2005580749.207.36$6,186
Mar 2005988450.377.15$6,778
Feb 2005583345.226.31$5,484
Jan 2005211,06743.166.32$7,652
Dec 20044797639.866.75$8,462
Nov 20044447245.286.33$4,980
Oct 20043448349.706.52$4,837
Sep 20043379343.245.28$5,617
Aug 2004661,15642.375.55$9,213
Jul 2004861,28438.286.08$11,104
Jun 2004851,52736.106.43$12,892
May 2004731,93737.486.49$15,316
Apr 2004522,22334.475.86$14,816
Mar 2004172,39934.365.53$13,851
Feb 2004131,79332.455.51$10,301
Jan 2004886232.036.30$5,687
Dec 2003391930.266.30$5,882
Nov 2003288928.804.60$4,143
Oct 200321,43528.174.76$6,886
Sep 2003190326.314.75$4,315
Aug 200311,02529.765.13$5,288
Jul 2003198929.415.17$5,143
Jun 200311,19128.565.98$7,154
May 2003296826.595.97$5,835
Apr 200361,08526.675.41$6,027
Mar 2003151,50231.146.10$9,623
Feb 2003131,02933.487.93$8,591
Jan 2003141,42630.315.58$8,384
Dec 2002131,32026.914.85$6,757
Nov 2002201,60824.664.14$7,145
Oct 2002231,65826.464.23$7,620
Sep 2002181,29327.443.64$5,194
Aug 2002302,10525.963.16$7,439
Jul 2002171,95224.583.06$6,394
Jun 2002171,65723.733.34$5,935
May 2002202,36924.663.58$8,984
Apr 200253,15723.653.51$11,207
Mar 200243,28222.003.10$10,271
Feb 200233,31318.222.38$7,925
Jan 200243,75417.172.38$8,987
Dec 2001671,70016.932.36$5,154
Nov 2001201,68518.072.41$4,415
Oct 2001471,64419.782.53$5,087
Sep 200131,67724.262.25$3,848
Aug 200151,75924.873.05$5,495
Jul 2001171,89823.933.20$6,475
Jun 2001141,81124.563.82$7,269
May 200141,93925.524.31$8,454
Apr 2001362,13024.685.34$12,253
Mar 2001472,09724.545.38$12,428
Feb 2001201,93027.755.77$11,685
Jan 2001292,17427.478.40$19,056
Dec 2000172,19426.889.12$20,472
Nov 200032,30732.215.66$13,150
Oct 200062,51531.235.15$13,128
Sep 2000302,78031.875.19$15,375
Aug 2000453,12129.644.54$15,505
Jul 2000843,57528.534.09$17,017
Jun 20001103,50029.304.40$18,613
May 20001493,74027.263.68$17,824
Apr 20001713,75524.513.12$15,892
Mar 20002624,10128.422.86$19,174
Feb 20002734,42227.622.73$19,597
Jan 20002834,83325.272.48$19,140
Dec 19991965,03824.282.42$16,970
Nov 19991795,35923.192.43$17,195
Oct 19992506,29820.982.80$22,903
Sep 19992156,69621.752.62$22,212
Aug 19992197,39219.262.88$25,474
Jul 19993117,02617.892.37$22,232
Jun 19993416,19315.942.36$20,064
May 19996206,85115.792.32$25,691
Apr 19994286,55215.102.21$20,930
Mar 19994947,65112.471.84$20,225
Feb 19996128,5739.981.82$21,692
Jan 19997088,54610.381.90$23,586
Dec 199874810,5799.201.77$25,642
Nov 199878711,37410.892.19$33,431
Oct 19981082,30012.421.97$5,871
Sep 1998131,74412.592.08$3,796
Aug 1998301,95611.301.91$4,070
Jul 1998662,29711.742.24$5,914
Jun 1998551,82111.242.24$4,692
May 1998852,56712.622.21$6,736
Apr 1998742,17113.042.51$6,404
Mar 19981472,84912.802.31$8,461
Feb 19981782,36713.952.30$7,925
Jan 19981602,69314.702.15$8,155
Dec 19972692,43916.322.41$10,271
Nov 19971092,41418.193.09$9,438
Oct 19971652,97919.253.15$12,560
Sep 19971494,26317.742.95$15,240
Aug 19974243,97517.862.55$17,728
Jul 19973694,16117.582.25$15,837
Jun 19971,7114,84017.242.26$40,422
May 19971,5274,70518.972.31$39,829
Apr 19971,4315,59317.882.08$37,235
Mar 19971,4459,21618.951.94$45,254
Feb 19972072,00220.492.21$8,658

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            31 bbl  × $106.41 =     $3,299
Gas                  200 Mcf  × $  3.05 =       $609

────────────────────────────────────────────────────
Month total                                   $3,908

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/162046 is the state's own key, not one this site invented.