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 162483District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Mar 1997 – May 2026
Value, last 12 filed months
$9 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 Gas111997-06-25136594
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
CondensateDisposition3,236 bbl$67,848
GasProduction352,415 Mcf$1,147,315
Total$1,215,163

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 28.3286, -98.4427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32859, -98.44274 · 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
11,155 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 11,155 ft.

Completions filed
Mar 1997
1 of 1 wells

1 well

42-3113334012011,155 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 2026014698.932.87$419
Mar 20260089.753.15$0
Feb 2026010763.503.75$401
Jan 2026011059.138.00$880
Dec 2025037856.664.41$1,668
Nov 2025053758.593.93$2,109
Oct 2025020059.383.30$661
Sep 2025039362.743.08$1,209
Aug 2025071363.933.01$2,150
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 20242069.612.36$139
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 20232077.892.81$156
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 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 202203191.054.86$151
Jan 202205281.844.54$236
Dec 2021015871.323.90$616
Nov 2021010177.435.24$529
Oct 202102979.795.71$166
Sep 2021014569.865.35$776
Aug 2021014766.024.22$620
Jul 2021014270.783.98$565
Jun 20210069.493.38$0
May 202105463.483.02$163
Apr 2021017760.362.76$488
Mar 202103261.302.72$87
Feb 2021023357.805.55$1,293
Jan 2021015750.412.81$441
Dec 202008844.642.68$235
Nov 2020014438.772.71$390
Oct 2020013536.972.48$335
Sep 2020010737.091.99$213
Aug 20200039.982.39$0
Jul 202010038.371.83$384
Jun 20200034.901.69$0
May 2020010316.921.81$187
Apr 202001614.751.80$29
Mar 202001330.341.86$24
Feb 2020017649.881.98$349
Jan 202009957.252.09$207
Dec 2019018459.012.30$424
Nov 2019014255.302.75$391
Oct 20190053.472.42$0
Sep 2019014255.052.66$377
Aug 2019717253.112.30$768
Jul 2019029756.272.46$731
Jun 2019017452.782.49$433
May 2019069058.482.74$1,891
Apr 2019039962.632.75$1,098
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 201503538.792.17$76
Oct 201505243.552.43$126
Sep 201505142.992.76$141
Aug 2015012840.162.87$368
Jul 2015019048.152.95$560
Jun 2015021856.152.88$628
May 2015035955.212.96$1,061
Apr 2015069149.822.71$1,870
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140178.303.90$4
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201404498.164.74$208
May 2014018694.734.73$879
Apr 201407295.944.81$346
Mar 2014019795.895.06$996
Feb 201404397.406.19$266
Jan 2014026390.404.86$1,278
Dec 2013017491.824.35$758
Nov 2013022788.853.74$849
Oct 2013041597.423.78$1,568
Sep 20130404104.113.72$1,502
Aug 20130579104.253.52$2,040
Jul 20130437102.523.72$1,625
Jun 2013045694.403.93$1,794
May 2013052894.834.15$2,191
Apr 2013013593.964.28$578
Mar 2013049793.623.91$1,945
Feb 2013047691.233.42$1,628
Jan 2013057791.603.42$1,973
Dec 2012061686.773.42$2,107
Nov 2012055586.953.62$2,012
Oct 2012053089.383.40$1,802
Sep 2012041594.672.92$1,211
Aug 2012050692.662.91$1,472
Jul 2012047085.133.02$1,420
Jun 2012043079.822.52$1,083
May 2012039391.612.49$978
Apr 20120396101.652.00$791
Mar 20120386105.052.22$858
Feb 20120527101.102.57$1,355
Jan 2012054198.092.73$1,479
Dec 2011056796.873.24$1,837
Nov 2011043095.723.31$1,424
Oct 2011039584.983.65$1,441
Sep 2011032683.623.99$1,299
Aug 2011032483.404.15$1,344
Jul 2011045394.144.52$2,046
Jun 2011029992.904.64$1,387
May 2011053698.134.40$2,361
Apr 20110448105.964.33$1,941
Mar 2011035996.364.06$1,457
Feb 2011032885.644.18$1,371
Jan 2011036886.504.59$1,689
Dec 2010067985.734.35$2,952
Nov 2010046780.843.80$1,772
Oct 2010040578.103.51$1,421
Sep 2010046072.633.98$1,831
Aug 2010138273.684.42$1,762
Jul 2010130472.554.74$1,512
Jun 2010138070.364.91$1,936
May 2010243471.124.24$1,980
Apr 2010243481.694.12$1,953
Mar 2010246278.394.39$2,184
Feb 2010243873.585.44$2,531
Jan 2010253874.365.96$3,357
Dec 2009374471.445.48$4,294
Nov 2009359674.593.75$2,460
Oct 2009446672.544.11$2,206
Sep 2009242165.543.06$1,421
Aug 2009176067.423.22$2,513
Jul 2009167561.133.46$2,400
Jun 2009147266.163.90$1,905
May 2009150354.743.93$2,029
Apr 2009131446.773.59$1,173
Mar 2009137342.144.06$1,556
Feb 2009136532.814.63$1,724
Jan 2009132135.865.37$1,760
Dec 2008163937.105.98$3,856
Nov 2008147755.496.86$3,328
Oct 2008148375.246.92$3,419
Sep 20081469101.767.88$3,796
Aug 20081380114.228.48$3,338
Jul 20081350131.0811.39$4,117
Jun 20081348131.3313.03$4,667
May 20081383123.1711.57$4,556
Apr 20081382110.3110.45$4,104
Mar 20081373101.909.66$3,707
Feb 200814592.538.77$487
Jan 200816690.388.21$632
Dec 200717788.337.30$651
Nov 200713891.677.29$369
Oct 2007232782.856.92$2,429
Sep 200723775.846.24$383
Aug 2007214869.066.39$1,084
Jul 2007136070.906.39$2,371
Jun 2007137062.007.55$2,855
May 2007238858.747.85$3,162
Apr 2007134359.617.81$2,737
Mar 2007239956.927.30$3,027
Feb 2007240655.108.22$3,446
Jan 2007246050.306.73$3,195
Dec 2006239156.656.92$2,818
Nov 2006232854.207.62$2,607
Oct 2006235954.906.01$2,269
Sep 2006235760.085.04$1,918
Aug 2006232368.717.34$2,508
Jul 2006241969.376.34$2,796
Jun 2006232366.286.38$2,195
May 2006336366.016.42$2,530
Apr 2006236264.397.36$2,793
Mar 2006338856.707.08$2,918
Feb 2006434957.597.75$2,936
Jan 2006340160.598.93$3,764
Dec 2005256654.9413.42$7,703
Nov 2005253654.6910.59$5,785
Oct 2005257258.3413.80$8,008
Sep 2005354961.4512.08$6,816
Aug 2005356961.519.80$5,759
Jul 2005356355.697.84$4,583
Jun 2005356052.337.38$4,290
May 2005356845.226.65$3,914
Apr 2005357849.207.36$4,402
Mar 2005459750.377.15$4,473
Feb 2005355245.226.31$3,620
Jan 2005463843.166.32$4,206
Dec 2004464539.866.75$4,514
Nov 2004362045.286.33$4,061
Oct 2004365849.706.52$4,436
Sep 2004364043.245.28$3,511
Aug 2004266542.375.55$3,776
Jul 2004370238.286.08$4,386
Jun 2004267636.106.43$4,421
May 2004273237.486.49$4,829
Apr 2004373834.475.86$4,427
Mar 2004477434.365.53$4,418
Feb 2004574932.455.51$4,289
Jan 2004981632.036.30$5,429
Dec 2003782330.266.30$5,398
Nov 2003579828.804.60$3,811
Oct 2003586528.174.76$4,258
Sep 2003484226.314.75$4,104
Aug 2003685929.765.13$4,585
Jul 20031487929.415.17$4,957
Jun 20031586528.565.98$5,604
May 20031292626.595.97$5,850
Apr 2003792226.675.41$5,172
Mar 2003395531.146.10$5,915
Feb 2003290133.487.93$7,208
Jan 200331,00630.315.58$5,706
Dec 200231,04526.914.85$5,153
Nov 200241,02324.664.14$4,331
Oct 200251,05326.464.23$4,586
Sep 2002171,03927.443.64$4,243
Aug 2002191,12225.963.16$4,043
Jul 2002151,16924.583.06$3,948
Jun 2002151,12723.733.34$4,118
May 2002151,19524.663.58$4,653
Apr 2002151,17623.653.51$4,485
Mar 2002141,28322.003.10$4,289
Feb 200221,21718.222.38$2,928
Jan 200231,32517.172.38$3,199
Dec 200131,42916.932.36$3,430
Nov 2001101,37318.072.41$3,483
Oct 2001161,43419.782.53$3,943
Sep 200161,39924.262.25$3,295
Aug 200121,52524.873.05$4,706
Jul 200121,50823.933.20$4,869
Jun 200121,48224.563.82$5,717
May 2001101,53225.524.31$6,854
Apr 2001191,39924.685.34$7,933
Mar 2001141,74824.545.38$9,742
Feb 2001331,66527.755.77$10,518
Jan 2001271,83227.478.40$16,128
Dec 2000252,08326.889.12$19,674
Nov 2000231,92332.215.66$11,621
Oct 200082,09231.235.15$11,014
Sep 200062,14431.875.19$11,311
Aug 200081,95529.644.54$9,114
Jul 2000132,26128.534.09$9,618
Jun 2000152,04529.304.40$9,432
May 2000202,30327.263.68$9,020
Apr 2000182,57824.513.12$8,474
Mar 200023,20328.422.86$9,217
Feb 2000133,01527.622.73$8,579
Jan 2000163,47425.272.48$9,022
Dec 1999183,63524.282.42$9,247
Nov 1999193,59023.192.43$9,179
Oct 1999144,05620.982.80$11,666
Sep 1999144,31321.752.62$11,600
Aug 1999134,79719.262.88$14,045
Jul 1999144,99117.892.37$12,091
Jun 1999164,93215.942.36$11,905
May 1999245,13715.792.32$12,302
Apr 1999284,80215.102.21$11,026
Mar 1999435,35912.471.84$10,388
Feb 1999435,4409.981.82$10,318
Jan 1999566,71610.381.90$13,341
Dec 1998144,7739.201.77$8,593
Nov 1998175,52310.892.19$12,257
Oct 1998145,65512.421.97$11,310
Sep 1998135,34012.592.08$11,285
Aug 1998166,17811.301.91$11,964
Jul 1998215,49911.742.24$12,549
Jun 1998287,11811.242.24$16,240
May 1998275,45912.622.21$12,385
Apr 1998689,45713.042.51$24,580
Mar 1998192,75712.802.31$6,610
Feb 1998879,53813.952.30$23,143
Jan 199810110,94614.702.15$25,071
Dec 199711612,88416.322.41$32,958
Nov 19975711,69418.193.09$37,151
Oct 1997183,91819.253.15$12,687
Sep 1997244,91217.742.95$14,940
Aug 1997215,21717.862.55$13,703
Jul 1997194,67817.582.25$10,845
Jun 1997225,89317.242.26$13,681
May 19973387,98818.972.31$24,852
Apr 199772416,43917.882.08$47,184
Mar 19974537,01318.951.94$22,184

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                  146 Mcf  × $  2.87 =       $419

────────────────────────────────────────────────────
Month total                                     $419

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/162483 is the state's own key, not one this site invented.