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 162051District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Feb 1997 – May 2026
Value, last 12 filed months
$0
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 Gas111997-05-15136432
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
CondensateDisposition2,549 bbl$55,941
GasProduction385,524 Mcf$1,419,290
Total$1,475,232

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 28.3231, -98.4580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32315, -98.45798 · 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
11,039 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 11,039 ft.

Completions filed
Feb 1997
1 of 1 wells

1 well

42-3113329810811,039 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
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 202402868.993.12$87
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024023575.632.06$485
Jul 2024045079.932.15$966
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024039184.451.66$649
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202304271.262.61$110
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 2023036076.533.39$1,220
Dec 2022076476.415.73$4,377
Nov 2022026085.005.65$1,468
Oct 2022011287.185.86$657
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
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 20160045.352.69$0
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 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20152055.212.96$110
Apr 20153049.822.71$149
Mar 20150042.892.93$0
Feb 2015017844.662.98$530
Jan 2015026143.433.10$809
Dec 201402754.693.59$97
Nov 2014012070.464.25$510
Oct 2014021478.303.90$835
Sep 2014125986.164.05$1,134
Aug 201403389.394.04$133
Jul 2014122996.564.18$1,054
Jun 2014118698.164.74$979
May 2014125494.734.73$1,295
Apr 2014429695.944.81$1,807
Mar 2014628695.895.06$2,022
Feb 2014417497.406.19$1,467
Jan 201424790.404.86$409
Dec 2013618491.824.35$1,352
Nov 2013520488.853.74$1,207
Oct 2013627897.423.78$1,635
Sep 20134376104.113.72$1,814
Aug 20138406104.253.52$2,264
Jul 20139403102.523.72$2,421
Jun 2013837294.403.93$2,218
May 2013831194.834.15$2,049
Apr 20131249693.964.28$3,252
Mar 20131971893.623.91$4,588
Feb 2013530091.233.42$1,482
Jan 2013054691.603.42$1,867
Dec 2012045086.773.42$1,539
Nov 2012053286.953.62$1,928
Oct 2012036789.383.40$1,248
Sep 2012047594.672.92$1,386
Aug 2012046992.662.91$1,364
Jul 2012059085.133.02$1,782
Jun 2012031979.822.52$804
May 2012039291.612.49$975
Apr 20120407101.652.00$813
Mar 20120358105.052.22$796
Feb 20120529101.102.57$1,360
Jan 2012051198.092.73$1,397
Dec 2011049496.873.24$1,600
Nov 2011055295.723.31$1,828
Oct 2011039284.983.65$1,430
Sep 2011053783.623.99$2,140
Aug 2011046983.404.15$1,946
Jul 2011082594.144.52$3,727
Jun 2011027492.904.64$1,271
May 2011077498.134.40$3,409
Apr 20110661105.964.33$2,864
Mar 2011045596.364.06$1,846
Feb 2011040385.644.18$1,685
Jan 2011062086.504.59$2,845
Dec 2010199785.734.35$4,420
Nov 2010254280.843.80$2,219
Oct 2010247878.103.51$1,833
Sep 2010351872.633.98$2,279
Aug 2010359873.684.42$2,864
Jul 2010256572.554.74$2,821
Jun 2010150170.364.91$2,530
May 2010262371.124.24$2,781
Apr 2010280681.694.12$3,486
Mar 2010151778.394.39$2,347
Feb 2010246973.585.44$2,700
Jan 2010272774.365.96$4,485
Dec 2009249771.445.48$2,868
Nov 2009489274.593.75$3,645
Oct 2009455472.544.11$2,567
Sep 2009353765.543.06$1,842
Aug 2009013067.423.22$418
Jul 200908161.133.46$281
Jun 200906166.163.90$238
May 2009150254.743.93$2,025
Apr 2009155346.773.59$2,031
Mar 2009146942.144.06$1,946
Feb 2009151932.814.63$2,437
Jan 2009146035.865.37$2,507
Dec 200811,03537.105.98$6,223
Nov 2008056055.496.86$3,842
Oct 2008174675.246.92$5,239
Sep 20081723101.767.88$5,797
Aug 20081759114.228.48$6,553
Jul 20080487131.0811.39$5,547
Jun 20081498131.3313.03$6,622
May 20080636123.1711.57$7,361
Apr 20080554110.3110.45$5,792
Mar 20081554101.909.66$5,456
Feb 200814592.538.77$487
Jan 2008110090.388.21$911
Dec 200719988.337.30$811
Nov 200714791.677.29$434
Oct 2007148782.856.92$3,454
Sep 200725375.846.24$483
Aug 2007226869.066.39$1,850
Jul 2007166370.906.39$4,306
Jun 2007166762.007.55$5,097
May 2007167458.747.85$5,347
Apr 2007161459.617.81$4,852
Mar 2007179756.927.30$5,877
Feb 2007149755.108.22$4,138
Jan 2007367650.306.73$4,698
Dec 2006373056.656.92$5,220
Nov 2006257654.207.62$4,496
Oct 2006266454.906.01$4,103
Sep 2006261860.085.04$3,233
Aug 2006361368.717.34$4,706
Jul 2006267369.376.34$4,407
Jun 2006264566.286.38$4,250
May 2006266666.016.42$4,411
Apr 2006267464.397.36$5,090
Mar 2006269956.707.08$5,064
Feb 2006261957.597.75$4,913
Jan 2006266060.598.93$6,017
Dec 200521,01554.9413.42$13,727
Nov 200521,00454.6910.59$10,740
Oct 200521,04258.3413.80$14,492
Sep 200521,01761.4512.08$12,407
Aug 200521,05461.519.80$10,449
Jul 200531,02155.697.84$8,175
Jun 200531,01552.337.38$7,649
May 200531,04745.226.65$7,099
Apr 200531,02349.207.36$7,677
Mar 200531,06950.377.15$7,800
Feb 2005397045.226.31$6,258
Jan 2005296443.166.32$6,181
Dec 2004385339.866.75$5,878
Nov 2004398945.286.33$6,397
Oct 2004101,11449.706.52$7,755
Sep 2004131,14243.245.28$6,596
Aug 2004111,26442.375.55$7,482
Jul 20041089438.286.08$5,822
Jun 2004479436.106.43$5,252
May 2004188037.486.49$5,753
Apr 2004298334.475.86$5,828
Mar 200421,15234.365.53$6,439
Feb 200431,44032.455.51$8,031
Jan 200441,35632.036.30$8,670
Dec 200331,50530.266.30$9,575
Nov 200321,24228.804.60$5,765
Oct 2003295028.174.76$4,578
Sep 200321,06126.314.75$5,092
Aug 200321,51529.765.13$7,831
Jul 200331,56429.415.17$8,175
Jun 200331,46028.565.98$8,821
May 200331,67726.595.97$10,096
Apr 200381,68026.675.41$9,298
Mar 2003141,61531.146.10$10,281
Feb 200391,63433.487.93$13,252
Jan 200331,90430.315.58$10,719
Dec 200231,99626.914.85$9,769
Nov 200231,98324.664.14$8,278
Oct 200222,31726.464.23$9,852
Sep 200211,34127.443.64$4,902
Aug 200222,26225.963.16$7,209
Jul 200211,34224.583.06$4,133
Jun 200221,86923.733.34$6,287
May 200222,10924.663.58$7,608
Apr 200221,90223.653.51$6,728
Mar 2002172,08222.003.10$6,834
Feb 2002112,13118.222.38$5,263
Jan 200252,30217.172.38$5,555
Dec 200132,27016.932.36$5,418
Nov 200172,48518.072.41$6,104
Oct 2001162,88119.782.53$7,602
Sep 200172,85224.262.25$6,591
Aug 200152,88024.873.05$8,917
Jul 200152,51123.933.20$8,148
Jun 200122,49924.563.82$9,606
May 2001152,51525.524.31$11,216
Apr 2001342,51824.685.34$14,273
Mar 2001102,77924.545.38$15,187
Feb 2001152,61727.755.77$15,509
Jan 200133,00827.478.40$25,346
Dec 200023,16626.889.12$28,936
Nov 200023,29632.215.66$18,713
Oct 200063,48831.235.15$18,135
Sep 2000103,51931.875.19$18,570
Aug 2000113,92229.644.54$18,135
Jul 2000144,17628.534.09$17,478
Jun 2000154,05029.304.40$18,248
May 2000174,53127.263.68$17,136
Apr 2000124,64824.513.12$14,777
Mar 200065,37428.422.86$15,539
Feb 2000376,01027.622.73$17,408
Jan 2000163,61625.272.48$9,374
Dec 1999182,68024.282.42$6,933
Nov 1999192,73023.192.43$7,085
Oct 1999142,98720.982.80$8,668
Sep 1999142,90821.752.62$7,920
Aug 1999133,11719.262.88$9,214
Jul 1999153,11317.892.37$7,654
Jun 1999163,12815.942.36$7,644
May 1999123,56015.792.32$8,452
Apr 1999403,48215.102.21$8,292
Mar 1999813,72312.471.84$7,854
Feb 1999793,5889.981.82$7,311
Jan 1999944,12110.381.90$8,805
Dec 19981174,3209.201.77$8,737
Nov 19981384,78510.892.19$11,961
Oct 19981174,96212.421.97$11,224
Sep 19981034,41412.592.08$10,489
Aug 1998975,08011.301.91$10,785
Jul 1998775,31111.742.24$12,786
Jun 1998986,52111.242.24$15,691
May 19981016,68712.622.21$16,028
Apr 19981278,11513.042.51$21,987
Mar 199816711,46412.802.31$28,613
Feb 1998266,11613.952.30$14,424
Jan 1998304,34114.702.15$9,795
Dec 1997294,63916.322.41$11,658
Nov 1997264,85318.193.09$15,460
Oct 1997255,31119.253.15$17,210
Sep 1997295,62217.742.95$17,127
Aug 1997246,09417.862.55$15,997
Jul 1997166,29517.582.25$14,426
Jun 1997196,55617.242.26$15,126
May 1997207,90618.972.31$18,630
Apr 1997269,86417.882.08$21,009
Mar 19974514,64818.951.94$29,257
Feb 19970020.492.21$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.

Dec 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.99 =         $0
Gas                   28 Mcf  × $  3.12 =        $87

────────────────────────────────────────────────────
Month total                                      $87

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/162051 is the state's own key, not one this site invented.