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 162498District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Mar 1997 – May 2026
Value, last 12 filed months
$48 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 Gas111997-06-25136592
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
CondensateDisposition487 bbl$21,522
GasProduction266,819 Mcf$1,021,379
Total$1,042,901

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 28.2946, -98.4579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29457, -98.45793 · 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
11,415 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 11,415 ft.

Completions filed
Mar 1997
1 of 1 wells

1 well

42-311333656R11,415 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 2026018398.932.87$525
Mar 2026061589.753.15$1,937
Feb 2026065563.503.75$2,456
Jan 202601,08259.138.00$8,654
Dec 2025092756.664.41$4,091
Nov 2025046958.593.93$1,842
Oct 202501,31159.383.30$4,333
Sep 202501,30362.743.08$4,009
Aug 202503,18763.933.01$9,608
Jul 202501,97866.743.32$6,557
Jun 202501,27966.483.13$4,002
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 2023318868.962.26$631
May 2023014570.622.23$323
Apr 20230078.122.24$0
Mar 2023015272.852.39$364
Feb 20230075.112.47$0
Jan 2023011676.533.39$393
Dec 2022015376.415.73$877
Nov 2022034285.005.65$1,931
Oct 2022034587.185.86$2,023
Sep 2022032684.888.16$2,661
Aug 2022019394.529.13$1,762
Jul 20220300101.587.54$2,263
Jun 2022067115.097.98$534
May 20220273109.378.43$2,302
Apr 2022045104.226.84$308
Mar 20220290108.885.08$1,472
Feb 2022034991.054.86$1,696
Jan 2022035281.844.54$1,597
Dec 2021022371.323.90$870
Nov 2021022377.435.24$1,168
Oct 2021044879.795.71$2,560
Sep 2021050669.865.35$2,708
Aug 2021041866.024.22$1,764
Jul 2021046870.783.98$1,864
Jun 2021031769.493.38$1,072
May 2021039363.483.02$1,186
Apr 2021041960.362.76$1,156
Mar 2021054661.302.72$1,483
Feb 2021452257.805.55$3,127
Jan 2021048750.412.81$1,369
Dec 2020062444.642.68$1,669
Nov 2020046338.772.71$1,253
Oct 2020054836.972.48$1,358
Sep 2020028037.091.99$557
Aug 2020045039.982.39$1,073
Jul 2020034038.371.83$621
Jun 2020070734.901.69$1,195
May 2020011916.921.81$216
Apr 20200014.751.80$0
Mar 2020031430.341.86$583
Feb 2020058049.881.98$1,149
Jan 2020049557.252.09$1,037
Dec 201932,68059.012.30$6,353
Nov 2019064755.302.75$1,780
Oct 2019054753.472.42$1,323
Sep 2019019955.052.66$529
Aug 2019076053.112.30$1,751
Jul 2019078356.272.46$1,926
Jun 2019031952.782.49$795
May 2019052658.482.74$1,441
Apr 2019051262.632.75$1,408
Mar 2019045856.803.06$1,402
Feb 2019053450.852.79$1,491
Jan 2019059546.033.23$1,921
Dec 2018052246.594.19$2,185
Nov 2018050952.934.24$2,157
Oct 2018057761.443.40$1,961
Sep 2018042959.543.11$1,333
Aug 2018059659.403.07$1,828
Jul 2018059865.142.93$1,753
Jun 2018057860.183.08$1,778
May 2018057765.382.90$1,674
Apr 2018068463.842.90$1,984
Mar 201801,09661.222.79$3,054
Feb 201801,35561.782.77$3,748
Jan 201801,62762.874.01$6,523
Dec 201701,83757.272.92$5,367
Nov 2017096755.423.12$3,015
Oct 201701,31649.292.98$3,927
Sep 2017067547.523.09$2,084
Aug 2017075245.373.00$2,259
Jul 201701,05743.873.09$3,263
Jun 2017078542.493.09$2,424
May 201701,07445.373.26$3,505
Apr 201701,08547.933.21$3,485
Mar 201701,14646.772.98$3,419
Feb 2017094050.452.95$2,775
Jan 201701,01549.413.42$3,470
Dec 2016099348.763.72$3,697
Nov 201601,16142.492.64$3,070
Oct 2016095946.193.09$2,964
Sep 2016094041.553.10$2,915
Aug 201601,03941.442.92$3,038
Jul 201601,09541.622.92$3,202
Jun 201601,06945.352.69$2,871
May 201601,06342.521.99$2,116
Apr 201601,05636.561.99$2,103
Mar 201601,08533.011.79$1,947
Feb 2016099926.472.06$2,062
Jan 201601,19127.352.36$2,816
Dec 2015084332.362.00$1,687
Nov 2015092838.792.17$2,011
Oct 2015085043.552.43$2,063
Sep 2015076742.992.76$2,116
Aug 2015077540.162.87$2,226
Jul 2015083448.152.95$2,456
Jun 2015562056.152.88$2,068
May 2015084855.212.96$2,506
Apr 2015066149.822.71$1,789
Mar 2015055842.892.93$1,638
Feb 2015045844.662.98$1,363
Jan 2015450243.433.10$1,730
Dec 2014059854.693.59$2,148
Nov 2014035870.464.25$1,522
Oct 2014058578.303.90$2,282
Sep 2014071386.164.05$2,884
Aug 2014579089.394.04$3,635
Jul 2014075796.564.18$3,164
Jun 2014084998.164.74$4,022
May 2014056594.734.73$2,671
Apr 201401,10095.944.81$5,290
Mar 201401,00895.895.06$5,097
Feb 2014569297.406.19$4,772
Jan 201401,02690.404.86$4,987
Dec 2013075591.824.35$3,288
Nov 2013088088.853.74$3,290
Oct 2013072397.423.78$2,732
Sep 20130904104.113.72$3,361
Aug 201301,345104.253.52$4,738
Jul 201301,200102.523.72$4,461
Jun 2013672994.403.93$3,434
May 2013094294.834.15$3,908
Apr 2013079593.964.28$3,405
Mar 2013095893.623.91$3,749
Feb 2013075191.233.42$2,568
Jan 2013089591.603.42$3,061
Dec 2012091486.773.42$3,126
Nov 2012086486.953.62$3,132
Oct 2012091589.383.40$3,111
Sep 2012088694.672.92$2,586
Aug 2012090792.662.91$2,638
Jul 2012174385.133.02$2,330
Jun 2012091679.822.52$2,307
May 2012098191.612.49$2,441
Apr 20120873101.652.00$1,743
Mar 20120983105.052.22$2,184
Feb 20120884101.102.57$2,272
Jan 201201,04698.092.73$2,860
Dec 2011092996.873.24$3,010
Nov 2011942995.723.31$2,282
Oct 2011087084.983.65$3,174
Sep 2011099583.623.99$3,966
Aug 201101,01783.404.15$4,220
Jul 201101,03294.144.52$4,662
Jun 2011062392.904.64$2,891
May 20111294198.134.40$5,323
Apr 201110962105.964.33$5,228
Mar 2011087096.364.06$3,530
Feb 2011067985.644.18$2,838
Jan 201161,19486.504.59$5,998
Dec 2010754085.734.35$2,948
Nov 201051,06380.843.80$4,439
Oct 201031,01478.103.51$3,792
Sep 2010095072.633.98$3,781
Aug 201031,11573.684.42$5,149
Jul 201031,65572.554.74$8,057
Jun 201091570.364.91$707
May 201001,42971.124.24$6,052
Apr 2010131,25481.694.12$6,232
Mar 2010088278.394.39$3,871
Feb 201001,27173.585.44$6,917
Jan 2010141,42674.365.96$9,546
Dec 200902,16971.445.48$11,894
Nov 200902,01574.593.75$7,559
Oct 200901,89172.544.11$7,772
Sep 200902,08165.543.06$6,378
Aug 200902,61367.423.22$8,410
Jul 2009113,00661.133.46$11,087
Jun 200902,94666.163.90$11,475
May 200903,51254.743.93$13,787
Apr 200903,47646.773.59$12,470
Mar 200902,96042.144.06$12,015
Feb 200904,81732.814.63$22,317
Jan 200907,29735.865.37$39,192
Dec 200861237.105.98$294
Nov 2008021055.496.86$1,441
Oct 2008037675.246.92$2,603
Sep 20080307101.767.88$2,418
Aug 20086421114.228.48$4,257
Jul 20080357131.0811.39$4,066
Jun 20080462131.3313.03$6,021
May 20080464123.1711.57$5,370
Apr 20080366110.3110.45$3,826
Mar 20080336101.909.66$3,247
Feb 2008740392.538.77$4,182
Jan 2008030090.388.21$2,462
Dec 2007042888.337.30$3,125
Nov 2007028991.677.29$2,107
Oct 2007045782.856.92$3,163
Sep 2007033275.846.24$2,073
Aug 2007034769.066.39$2,217
Jul 2007031170.906.39$1,987
Jun 2007041462.007.55$3,125
May 2007644458.747.85$3,836
Apr 2007035959.617.81$2,802
Mar 2007037656.927.30$2,746
Feb 2007041155.108.22$3,377
Jan 2007031750.306.73$2,132
Dec 2006038456.656.92$2,657
Nov 2006033454.207.62$2,544
Oct 2006338254.906.01$2,462
Sep 2006035360.085.04$1,778
Aug 2006039968.717.34$2,929
Jul 2006034369.376.34$2,176
Jun 2006034466.286.38$2,196
May 2006041566.016.42$2,666
Apr 2006041564.397.36$3,055
Mar 20061141956.707.08$3,591
Feb 2006038457.597.75$2,976
Jan 2006042560.598.93$3,797
Dec 2005048354.9413.42$6,480
Nov 2005037154.6910.59$3,928
Oct 20051426758.3413.80$4,500
Sep 2005023961.4512.08$2,887
Aug 2005028361.519.80$2,773
Jul 2005051655.697.84$4,047
Jun 2005047452.337.38$3,499
May 20051643345.226.65$3,603
Apr 2005043149.207.36$3,172
Mar 2005041950.377.15$2,998
Feb 2005040245.226.31$2,537
Jan 2005038743.166.32$2,447
Dec 2004039639.866.75$2,673
Nov 2004038045.286.33$2,406
Oct 20041941449.706.52$3,642
Sep 2004046643.245.28$2,462
Aug 2004044542.375.55$2,470
Jul 2004040738.286.08$2,476
Jun 2004050136.106.43$3,223
May 2004057537.486.49$3,734
Apr 2004055634.475.86$3,257
Mar 2004058034.365.53$3,207
Feb 2004054532.455.51$3,003
Jan 2004057132.036.30$3,597
Dec 20031256930.266.30$3,949
Nov 2003053228.804.60$2,445
Oct 2003062628.174.76$2,980
Sep 2003057426.314.75$2,726
Aug 2003064829.765.13$3,324
Jul 2003064029.415.17$3,309
Jun 2003065128.565.98$3,895
May 2003042726.595.97$2,550
Apr 2003540626.675.41$2,329
Mar 2003050431.146.10$3,072
Feb 2003053033.487.93$4,201
Jan 2003048330.315.58$2,696
Dec 2002039926.914.85$1,937
Nov 2002033524.664.14$1,386
Oct 2002038826.464.23$1,641
Sep 2002034527.443.64$1,254
Aug 2002037125.963.16$1,174
Jul 2002039724.583.06$1,216
Jun 2002032323.733.34$1,078
May 2002035624.663.58$1,276
Apr 2002037123.653.51$1,303
Mar 2002040022.003.10$1,241
Feb 20021334918.222.38$1,066
Jan 2002043817.172.38$1,041
Dec 2001084016.932.36$1,986
Nov 2001048418.072.41$1,164
Oct 2001036919.782.53$933
Sep 2001049424.262.25$1,112
Aug 20011147224.873.05$1,715
Jul 2001041723.933.20$1,333
Jun 2001040224.563.82$1,537
May 2001044625.524.31$1,921
Apr 2001048324.685.34$2,577
Mar 20011753824.545.38$3,310
Feb 2001034927.755.77$2,013
Jan 2001040627.478.40$3,410
Dec 2000045226.889.12$4,123
Nov 2000041732.215.66$2,359
Oct 2000047931.235.15$2,465
Sep 20001335431.875.19$2,250
Aug 2000040029.644.54$1,816
Jul 2000044128.534.09$1,804
Jun 2000069529.304.40$3,056
May 2000069027.263.68$2,539
Apr 2000073824.513.12$2,300
Mar 2000056828.422.86$1,624
Feb 20001356327.622.73$1,894
Jan 2000079025.272.48$1,960
Dec 1999056324.282.42$1,365
Nov 1999073823.192.43$1,796
Oct 1999068520.982.80$1,921
Sep 1999046621.752.62$1,220
Aug 1999061419.262.88$1,766
Jul 1999867417.892.37$1,742
Jun 1999063015.942.36$1,488
May 1999079415.792.32$1,843
Apr 1999068515.102.21$1,513
Mar 1999094612.471.84$1,739
Feb 199987429.981.82$1,429
Jan 19991091910.381.90$1,850
Dec 199809119.201.77$1,615
Nov 1998090610.892.19$1,980
Oct 1998097012.421.97$1,910
Sep 19981197912.592.08$2,177
Aug 199801,10511.301.91$2,108
Jul 1998269411.742.24$1,576
Jun 1998028911.242.24$647
May 199801,57112.622.21$3,466
Apr 199871,71413.042.51$4,385
Mar 199821,33212.802.31$3,102
Feb 1998141,58313.952.30$3,835
Jan 199801,66814.702.15$3,594
Dec 1997141,86616.322.41$4,728
Nov 1997112,09618.193.09$6,673
Oct 199702,66219.253.15$8,385
Sep 1997263,35217.742.95$10,366
Aug 199701,09317.862.55$2,792
Jul 19971188617.582.25$2,184
Jun 199702,97617.242.26$6,717
May 199764,18218.972.31$9,768
Apr 1997445,34617.882.08$11,921
Mar 199702,26218.951.94$4,386

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                  183 Mcf  × $  2.87 =       $525

────────────────────────────────────────────────────
Month total                                     $525

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/162498 is the state's own key, not one this site invented.