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 162262District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$901 k
Mar 1997 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
351
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 Gas111997-06-19136475
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
CondensateDisposition278 bbl$12,870
GasProduction153,233 Mcf$888,372
Total$901,242

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 28.2939, -98.4474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29392, -98.44738 · 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
11,532 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 11,532 ft.

Completions filed
Mar 1997
1 of 1 wells

1 well

42-31133338711,532 ftMar 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 (351)

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

351 months

May 202600106.413.05$0
Apr 2026015398.932.87$439
Mar 2026035189.753.15$1,105
Feb 2026044663.503.75$1,673
Jan 202601,06059.138.00$8,478
Dec 2025062656.664.41$2,763
Nov 2025047558.593.93$1,865
Oct 2025097359.383.30$3,216
Sep 2025095062.743.08$2,923
Aug 202501,35763.933.01$4,091
Jul 202501,49966.743.32$4,969
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 2023031980.522.67$853
Jul 2023021974.852.64$579
Jun 2023530568.962.26$1,034
May 2023020070.622.23$445
Apr 2023042578.122.24$951
Mar 2023045372.852.39$1,084
Feb 2023034775.112.47$856
Jan 2023016676.533.39$562
Dec 2022027476.415.73$1,570
Nov 2022032885.005.65$1,852
Oct 2022062687.185.86$3,671
Sep 2022035384.888.16$2,882
Aug 2022053994.529.13$4,920
Jul 20220453101.587.54$3,417
Jun 20220306115.097.98$2,441
May 20220242109.378.43$2,041
Apr 20220400104.226.84$2,735
Mar 20220357108.885.08$1,812
Feb 2022050691.054.86$2,459
Jan 2022011481.844.54$517
Dec 2021012671.323.90$491
Nov 202104677.435.24$241
Oct 20210079.795.71$0
Sep 202104669.865.35$246
Aug 202106266.024.22$262
Jul 202109970.783.98$394
Jun 2021012269.493.38$412
May 2021016763.483.02$504
Apr 2021020560.362.76$565
Mar 2021047061.302.72$1,277
Feb 2021335857.805.55$2,160
Jan 2021027950.412.81$784
Dec 2020033844.642.68$904
Nov 2020018638.772.71$503
Oct 2020046036.972.48$1,140
Sep 2020026937.091.99$536
Aug 2020037439.982.39$892
Jul 2020046238.371.83$843
Jun 2020037934.901.69$641
May 2020041116.921.81$746
Apr 20200014.751.80$0
Mar 2020013730.341.86$254
Feb 2020045049.881.98$891
Jan 20200057.252.09$0
Dec 2019119759.012.30$513
Nov 2019019555.302.75$536
Oct 2019035753.472.42$863
Sep 2019047155.052.66$1,252
Aug 2019012953.112.30$297
Jul 2019028156.272.46$691
Jun 2019016752.782.49$416
May 2019013758.482.74$375
Apr 2019028762.632.75$789
Mar 2019128856.803.06$939
Feb 2019029950.852.79$835
Jan 2019023646.033.23$762
Dec 2018013246.594.19$552
Nov 2018023752.934.24$1,004
Oct 2018032461.443.40$1,101
Sep 2018023859.543.11$740
Aug 2018027159.403.07$831
Jul 2018228865.142.93$975
Jun 2018028960.183.08$889
May 2018036965.382.90$1,070
Apr 2018026063.842.90$754
Mar 2018030861.222.79$858
Feb 2018024661.782.77$680
Jan 2018019962.874.01$798
Dec 2017022557.272.92$657
Nov 2017010355.423.12$321
Oct 2017021449.292.98$639
Sep 2017015347.523.09$472
Aug 2017010645.373.00$318
Jul 2017016543.873.09$509
Jun 2017012242.493.09$377
May 2017025245.373.26$822
Apr 2017014347.933.21$459
Mar 2017027446.772.98$818
Feb 2017013950.452.95$410
Jan 2017016249.413.42$554
Dec 2016026248.763.72$975
Nov 2016013942.492.64$368
Oct 2016013746.193.09$423
Sep 2016021641.553.10$670
Aug 2016020941.442.92$611
Jul 2016118741.622.92$588
Jun 2016021845.352.69$586
May 2016018642.521.99$370
Apr 2016032236.561.99$641
Mar 2016027433.011.79$492
Feb 2016028326.472.06$584
Jan 2016027727.352.36$655
Dec 2015028532.362.00$570
Nov 2015031538.792.17$683
Oct 2015027643.552.43$670
Sep 2015127142.992.76$791
Aug 2015024640.162.87$707
Jul 2015031148.152.95$916
Jun 2015019556.152.88$562
May 201507755.212.96$228
Apr 2015026049.822.71$704
Mar 2015015842.892.93$464
Feb 2015018044.662.98$536
Jan 2015030243.433.10$936
Dec 2014021854.693.59$783
Nov 2014024470.464.25$1,037
Oct 2014028278.303.90$1,100
Sep 20140186.164.05$4
Aug 20140189.394.04$4
Jul 20140296.564.18$8
Jun 20140498.164.74$19
May 20140294.734.73$9
Apr 20140295.944.81$10
Mar 20140295.895.06$10
Feb 20140297.406.19$12
Jan 20140390.404.86$15
Dec 20130491.824.35$17
Nov 20130188.853.74$4
Oct 20130297.423.78$8
Sep 201305104.113.72$19
Aug 201303104.253.52$11
Jul 201306102.523.72$22
Jun 20130294.403.93$8
May 20130694.834.15$25
Apr 20130593.964.28$21
Mar 20130293.623.91$8
Feb 2013013691.233.42$465
Jan 2013036791.603.42$1,255
Dec 2012041086.773.42$1,402
Nov 2012034086.953.62$1,232
Oct 2012046389.383.40$1,574
Sep 2012039394.672.92$1,147
Aug 2012029092.662.91$843
Jul 2012049085.133.02$1,480
Jun 2012030079.822.52$756
May 2012050491.612.49$1,254
Apr 20120430101.652.00$859
Mar 20120510105.052.22$1,133
Feb 20120441101.102.57$1,133
Jan 2012032798.092.73$894
Dec 2011042696.873.24$1,380
Nov 2011038995.723.31$1,288
Oct 2011033884.983.65$1,233
Sep 2011045883.623.99$1,826
Aug 2011040283.404.15$1,668
Jul 2011042294.144.52$1,906
Jun 2011043192.904.64$2,000
May 2011142498.134.40$1,966
Apr 20114442105.964.33$2,339
Mar 2011042896.364.06$1,737
Feb 2011038085.644.18$1,588
Jan 2011644186.504.59$2,543
Dec 2010444985.734.35$2,295
Nov 2010337380.843.80$1,658
Oct 2010241178.103.51$1,598
Sep 2010026772.633.98$1,063
Aug 2010237173.684.42$1,787
Jul 2010339272.554.74$2,074
Jun 2010547570.364.91$2,684
May 2010037271.124.24$1,576
Apr 2010645881.694.12$2,378
Mar 2010043578.394.39$1,909
Feb 2010038473.585.44$2,090
Jan 2010737774.365.96$2,769
Dec 2009062471.445.48$3,422
Nov 2009041274.593.75$1,546
Oct 2009035972.544.11$1,476
Sep 2009035665.543.06$1,091
Aug 2009057567.423.22$1,851
Jul 2009738061.133.46$1,744
Jun 2009046066.163.90$1,792
May 2009047354.743.93$1,857
Apr 2009044046.773.59$1,579
Mar 2009055542.144.06$2,253
Feb 2009048232.814.63$2,233
Jan 2009049335.865.37$2,648
Dec 2008761237.105.98$3,918
Nov 2008049055.496.86$3,362
Oct 2008064075.246.92$4,430
Sep 20080542101.767.88$4,269
Aug 200810573114.228.48$6,003
Jul 20080668131.0811.39$7,608
Jun 20080732131.3313.03$9,540
May 20080763123.1711.57$8,831
Apr 20080706110.3110.45$7,381
Mar 20080707101.909.66$6,833
Feb 20081065792.538.77$6,688
Jan 2008073490.388.21$6,023
Dec 2007080688.337.30$5,885
Nov 2007076391.677.29$5,564
Oct 2007081482.856.92$5,634
Sep 2007086075.846.24$5,370
Aug 2007087269.066.39$5,570
Jul 2007091870.906.39$5,864
Jun 2007091562.007.55$6,907
May 20071093658.747.85$7,932
Apr 2007092959.617.81$7,251
Mar 200701,04956.927.30$7,660
Feb 200701,00355.108.22$8,241
Jan 200701,01250.306.73$6,808
Dec 200601,11956.656.92$7,742
Nov 200601,11954.207.62$8,524
Oct 200691,15454.906.01$7,434
Sep 200601,11060.085.04$5,591
Aug 200601,21868.717.34$8,940
Jul 200601,26069.376.34$7,992
Jun 200601,50566.286.38$9,608
May 200601,60466.016.42$10,306
Apr 200602,01664.397.36$14,839
Mar 2006142,24856.707.08$16,716
Feb 200602,67457.597.75$20,726
Jan 200603,39960.598.93$30,364
Dec 200503,99154.9413.42$53,541
Nov 200504,51454.6910.59$47,796
Oct 200595,89958.3413.80$81,906
Sep 200505,28961.4512.08$63,886
Aug 2005025261.519.80$2,469
Jul 2005039055.697.84$3,059
Jun 2005033952.337.38$2,502
May 2005527745.226.65$2,068
Apr 2005029549.207.36$2,171
Mar 2005029750.377.15$2,125
Feb 2005027245.226.31$1,717
Jan 2005026743.166.32$1,688
Dec 2004026839.866.75$1,809
Nov 2004022445.286.33$1,418
Oct 2004227149.706.52$1,865
Sep 2004019443.245.28$1,025
Aug 2004019642.375.55$1,088
Jul 2004014338.286.08$870
Jun 2004024736.106.43$1,589
May 2004043037.486.49$2,793
Apr 2004038234.475.86$2,238
Mar 2004029934.365.53$1,654
Feb 2004026432.455.51$1,455
Jan 2004021432.036.30$1,348
Dec 2003620830.266.30$1,492
Nov 2003019328.804.60$887
Oct 2003024028.174.76$1,142
Sep 2003020726.314.75$983
Aug 2003021229.765.13$1,088
Jul 2003025729.415.17$1,329
Jun 2003017528.565.98$1,047
May 2003022726.595.97$1,356
Apr 20031020326.675.41$1,364
Mar 2003021731.146.10$1,323
Feb 2003018833.487.93$1,490
Jan 2003025530.315.58$1,423
Dec 2002019026.914.85$922
Nov 2002023824.664.14$985
Oct 2002022226.464.23$939
Sep 2002020427.443.64$742
Aug 2002023625.963.16$747
Jul 2002026224.583.06$802
Jun 2002020523.733.34$684
May 2002025324.663.58$907
Apr 2002024623.653.51$864
Mar 2002026522.003.10$822
Feb 20021423018.222.38$801
Jan 2002025117.172.38$596
Dec 2001024116.932.36$570
Nov 2001022218.072.41$534
Oct 2001024019.782.53$607
Sep 2001027224.262.25$612
Aug 20011827424.873.05$1,284
Jul 2001029023.933.20$927
Jun 2001029924.563.82$1,143
May 2001028825.524.31$1,241
Apr 2001028224.685.34$1,505
Mar 20012030724.545.38$2,141
Feb 2001026527.755.77$1,528
Jan 2001025627.478.40$2,150
Dec 2000025326.889.12$2,308
Nov 2000023932.215.66$1,352
Oct 2000027531.235.15$1,415
Sep 2000722531.875.19$1,390
Aug 2000026229.644.54$1,190
Jul 2000027028.534.09$1,104
Jun 2000025729.304.40$1,130
May 2000035327.263.68$1,299
Apr 2000032324.513.12$1,006
Mar 2000053728.422.86$1,536
Feb 2000834327.622.73$1,156
Jan 2000036325.272.48$900
Dec 1999029624.282.42$717
Nov 1999036223.192.43$881
Oct 1999041120.982.80$1,152
Sep 1999044921.752.62$1,176
Aug 1999047819.262.88$1,375
Jul 1999846317.892.37$1,242
Jun 1999041715.942.36$985
May 199908215.792.32$190
Apr 1999025715.102.21$567
Mar 1999038412.471.84$706
Feb 199911229.981.82$232
Jan 199905810.381.90$110
Dec 199802889.201.77$511
Nov 1998016410.892.19$358
Oct 1998017912.421.97$352
Sep 1998115112.592.08$327
Aug 1998039711.301.91$757
Jul 1998226511.742.24$616
Jun 1998032711.242.24$732
May 1998030912.622.21$682
Apr 1998133713.042.51$857
Mar 1998040812.802.31$942
Feb 1998239613.952.30$938
Jan 1998084414.702.15$1,819
Dec 1997258216.322.41$1,436
Nov 19971170018.193.09$2,362
Oct 1997081019.253.15$2,551
Sep 199761,32117.742.95$4,010
Aug 199701,18117.862.55$3,017
Jul 199791,27517.582.25$3,023
Jun 199701,45817.242.26$3,291
May 199722,00918.972.31$4,676
Apr 19971093217.882.08$2,120
Mar 199702,78918.951.94$5,408

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  153 Mcf  × $  2.87 =       $439

────────────────────────────────────────────────────
Month total                                     $439

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/162262 is the state's own key, not one this site invented.