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 162491District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$645 k
Mar 1997 – May 2026
Value, last 12 filed months
$0
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 Gas111997-05-19136593
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
CondensateDisposition1,556 bbl$52,739
GasProduction176,000 Mcf$592,153
Total$644,892

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 28.3314, -98.4427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33140, -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
11,050 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 11,050 ft.

Completions filed
Mar 1997
1 of 1 wells

1 well

42-3113333911911,050 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 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 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 20231068.962.26$69
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023010176.533.39$342
Dec 202206676.415.73$378
Nov 202204985.005.65$277
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 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 2021012369.493.38$416
May 20210063.483.02$0
Apr 202108460.362.76$232
Mar 202102761.302.72$73
Feb 202108757.805.55$483
Jan 202106250.412.81$174
Dec 202003644.642.68$96
Nov 202002938.772.71$78
Oct 202003236.972.48$79
Sep 202002137.091.99$42
Aug 20200039.982.39$0
Jul 20201038.371.83$38
Jun 20200034.901.69$0
May 20200616.921.81$11
Apr 20200314.751.80$5
Mar 202002030.341.86$37
Feb 202002849.881.98$55
Jan 202004257.252.09$88
Dec 201901459.012.30$32
Nov 201904955.302.75$135
Oct 20190053.472.42$0
Sep 2019016755.052.66$444
Aug 2019216953.112.30$496
Jul 201904956.272.46$121
Jun 201902352.782.49$57
May 201904058.482.74$110
Apr 2019026662.632.75$732
Mar 201906456.803.06$196
Feb 2019089250.852.79$2,491
Jan 2019117746.033.23$617
Dec 20180046.594.19$0
Nov 2018064352.934.24$2,725
Oct 2018068061.443.40$2,311
Sep 2018069359.543.11$2,154
Aug 2018061959.403.07$1,898
Jul 2018065765.142.93$1,926
Jun 2018048360.183.08$1,486
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 201508532.362.00$170
Nov 201509338.792.17$202
Oct 2015011043.552.43$267
Sep 20150042.992.76$0
Aug 201506740.162.87$192
Jul 201501848.152.95$53
Jun 20150056.152.88$0
May 20150755.212.96$21
Apr 201506449.822.71$173
Mar 201503342.892.93$97
Feb 201504044.662.98$119
Jan 201503543.433.10$109
Dec 201408654.693.59$309
Nov 20140070.464.25$0
Oct 201401678.303.90$62
Sep 201408886.164.05$356
Aug 2014023789.394.04$956
Jul 2014018296.564.18$761
Jun 2014011998.164.74$564
May 2014014594.734.73$685
Apr 2014113395.944.81$736
Mar 2014312895.895.06$935
Feb 201426397.406.19$585
Jan 201428990.404.86$613
Dec 201325391.824.35$414
Nov 201325988.853.74$398
Oct 201333397.423.78$417
Sep 2013221104.113.72$286
Aug 20133146104.253.52$827
Jul 2013375102.523.72$586
Jun 201338394.403.93$610
May 201338194.834.15$621
Apr 2013411793.964.28$877
Mar 2013614493.623.91$1,125
Feb 201348391.233.42$649
Jan 201359591.603.42$783
Dec 2012518486.773.42$1,063
Nov 2012515686.953.62$1,000
Oct 2012417689.383.40$956
Sep 2012539194.672.92$1,614
Aug 2012669692.662.91$2,580
Jul 2012417485.133.02$866
Jun 2012443379.822.52$1,410
May 2012525091.612.49$1,080
Apr 20125256101.652.00$1,019
Mar 20124147105.052.22$747
Feb 20125302101.102.57$1,282
Jan 2012527698.092.73$1,245
Dec 2011511796.873.24$863
Nov 2011515295.723.31$982
Oct 2011516384.983.65$1,020
Sep 2011431683.623.99$1,594
Aug 2011464683.404.15$3,014
Jul 2011433694.144.52$1,894
Jun 2011421592.904.64$1,369
May 2011422798.134.40$1,392
Apr 20114350105.964.33$1,940
Mar 2011424796.364.06$1,388
Feb 2011424785.644.18$1,375
Jan 2011533686.504.59$1,974
Dec 2010558785.734.35$2,981
Nov 2010428280.843.80$1,394
Oct 2010530478.103.51$1,457
Sep 2010526972.633.98$1,434
Aug 2010527473.684.42$1,579
Jul 2010425272.554.74$1,484
Jun 2010327670.364.91$1,566
May 2010426571.124.24$1,407
Apr 2010329281.694.12$1,449
Mar 2010430978.394.39$1,670
Feb 2010329273.585.44$1,810
Jan 2010435274.365.96$2,397
Dec 2009647971.445.48$3,055
Nov 2009638174.593.75$1,877
Oct 2009729772.544.11$1,729
Sep 2009528365.543.06$1,195
Aug 2009338167.423.22$1,429
Jul 2009369861.133.46$2,602
Jun 2009323166.163.90$1,098
May 2009327354.743.93$1,236
Apr 2009414846.773.59$718
Mar 2009319842.144.06$930
Feb 2009213232.814.63$677
Jan 2009216335.865.37$947
Dec 2008128337.105.98$1,729
Nov 2008224955.496.86$1,819
Oct 2008242075.246.92$3,058
Sep 20082184101.767.88$1,653
Aug 20082351114.228.48$3,206
Jul 20082203131.0811.39$2,574
Jun 20082260131.3313.03$3,651
May 20082434123.1711.57$5,270
Apr 20082271110.3110.45$3,054
Mar 20082350101.909.66$3,586
Feb 200834692.538.77$681
Jan 200825190.388.21$599
Dec 200727688.337.30$732
Nov 200723491.677.29$431
Oct 2007327182.856.92$2,124
Sep 2007224375.846.24$1,669
Aug 2007253369.066.39$3,543
Jul 2007234870.906.39$2,365
Jun 2007235162.007.55$2,774
May 2007336958.747.85$3,072
Apr 2007231659.617.81$2,586
Mar 2007235656.927.30$2,713
Feb 2007323055.108.22$2,055
Jan 2007337650.306.73$2,680
Dec 2006332156.656.92$2,391
Nov 2006328754.207.62$2,349
Oct 2006423554.906.01$1,633
Sep 2006325360.085.04$1,455
Aug 2006418968.717.34$1,662
Jul 2006425269.376.34$1,876
Jun 2006319266.286.38$1,425
May 2006327166.016.42$1,939
Apr 2006318664.397.36$1,562
Mar 2006226356.707.08$1,976
Feb 2006121057.597.75$1,685
Jan 2006124760.598.93$2,267
Dec 2005139254.9413.42$5,314
Nov 2005136354.6910.59$3,898
Oct 2005139858.3413.80$5,549
Sep 2005243761.4512.08$5,401
Aug 2005243161.519.80$4,345
Jul 2005238055.697.84$3,092
Jun 2005237052.337.38$2,836
May 2005238045.226.65$2,618
Apr 2005138649.207.36$2,890
Mar 2005237150.377.15$2,755
Feb 2005235945.226.31$2,356
Jan 2005236643.166.32$2,400
Dec 2004336839.866.75$2,604
Nov 2004238145.286.33$2,502
Oct 2004243649.706.52$2,940
Sep 2004243243.245.28$2,369
Aug 2004144242.375.55$2,496
Jul 2004144738.286.08$2,758
Jun 2004247536.106.43$3,128
May 2004248237.486.49$3,205
Apr 2004154234.475.86$3,210
Mar 2004151634.365.53$2,888
Feb 2004049732.455.51$2,738
Jan 2004155532.036.30$3,528
Dec 2003133830.266.30$2,160
Nov 2003248228.804.60$2,272
Oct 2003452628.174.76$2,616
Sep 2003353126.314.75$2,601
Aug 2003554529.765.13$2,945
Jul 20031257729.415.17$3,336
Jun 20031355528.565.98$3,692
May 2003958726.595.97$3,745
Apr 20031155026.675.41$3,267
Mar 2003852231.146.10$3,431
Feb 2003234333.487.93$2,786
Jan 2003237630.315.58$2,159
Dec 2002242826.914.85$2,131
Nov 20021837524.664.14$1,995
Oct 20021637826.464.23$2,022
Sep 20021637627.443.64$1,806
Aug 20021637625.963.16$1,605
Jul 20021544224.583.06$1,722
Jun 20022348023.733.34$2,148
May 20022241024.663.58$2,012
Apr 20021144223.653.51$1,813
Mar 2002142822.003.10$1,350
Feb 2002040418.222.38$960
Jan 20021240217.172.38$1,161
Dec 20011456316.932.36$1,568
Nov 2001522618.072.41$634
Oct 20011451519.782.53$1,579
Sep 2001940724.262.25$1,135
Aug 2001843524.873.05$1,527
Jul 2001540623.933.20$1,418
Jun 2001139024.563.82$1,516
May 2001147125.524.31$2,054
Apr 2001137224.685.34$2,009
Mar 2001149024.545.38$2,659
Feb 2001142727.755.77$2,490
Jan 2001135127.478.40$2,975
Dec 2000146126.889.12$4,232
Nov 2000269832.215.66$4,014
Oct 2000473631.235.15$3,912
Sep 2000769431.875.19$3,823
Aug 20001262829.644.54$3,207
Jul 20001662528.534.09$3,013
Jun 20001562029.304.40$3,166
May 20001384027.263.68$3,445
Apr 20001664624.513.12$2,405
Mar 2000259028.422.86$1,744
Feb 20002963227.622.73$2,524
Jan 20004878725.272.48$3,165
Dec 1999181,14924.282.42$3,222
Nov 1999191,19923.192.43$3,359
Oct 1999141,42720.982.80$4,295
Sep 1999141,49021.752.62$4,207
Aug 1999131,49919.262.88$4,561
Jul 1999151,46617.892.37$3,746
Jun 1999161,58015.942.36$3,987
May 1999121,78515.792.32$4,333
Apr 1999221,55815.102.21$3,772
Mar 1999242,04012.471.84$4,049
Feb 1999182,1189.981.82$4,030
Jan 1999212,42610.381.90$4,827
Dec 1998121,8859.201.77$3,453
Nov 1998152,15010.892.19$4,863
Oct 1998132,23012.421.97$4,553
Sep 1998162,51612.592.08$5,441
Aug 1998223,34911.301.91$6,636
Jul 1998131,87111.742.24$4,339
Jun 1998162,24311.242.24$5,198
May 1998283,93112.622.21$9,026
Apr 1998294,51313.042.51$11,685
Mar 1998244,96312.802.31$11,769
Feb 1998245,20013.952.30$12,290
Jan 1998286,46514.702.15$14,342
Dec 1997607,74716.322.41$19,658
Nov 1997416,66218.193.09$21,320
Oct 1997122,48619.253.15$8,061
Sep 1997132,59117.742.95$7,887
Aug 1997133,08317.862.55$8,108
Jul 199792,16117.582.25$5,014
Jun 1997163,27217.242.26$7,661
May 1997204,50918.972.31$10,788
Apr 1997377,93717.882.08$17,193
Mar 1997577,35918.951.94$15,350

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.

Jun 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 68.96 =        $69
Gas                    0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                      $69

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/162491 is the state's own key, not one this site invented.