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 162602District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Mar 1997 – May 2026
Value, last 12 filed months
$19 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 Gas111997-06-25136591
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
CondensateDisposition3,385 bbl$128,651
GasProduction626,865 Mcf$2,377,558
Total$2,506,209

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 28.3380, -98.4553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33800, -98.45525 · 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
10,850 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 10,850 ft.

1 well

42-3113334511710,850 ft

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 20261287106.413.05$981
Apr 20261230498.932.87$2,060
Mar 20261344889.753.15$2,578
Feb 20261331463.503.75$2,003
Jan 20261038559.138.00$3,671
Dec 2025928356.664.41$1,759
Nov 2025519858.593.93$1,070
Oct 2025030859.383.30$1,018
Sep 2025018962.743.08$582
Aug 2025029363.933.01$883
Jul 2025046266.743.32$1,532
Jun 2025025266.483.13$788
May 2025017760.553.23$572
Apr 2025037862.363.54$1,339
Mar 2025013867.704.27$589
Feb 2025031570.884.34$1,367
Jan 2025035574.324.28$1,519
Dec 2024036568.993.12$1,139
Nov 202408569.052.20$187
Oct 2024031371.372.28$714
Sep 2024021669.612.36$511
Aug 2024034575.632.06$712
Jul 2024023979.932.15$513
Jun 2024232478.082.63$1,010
May 2024268578.812.20$1,664
Apr 2024253884.451.66$1,062
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023620971.262.61$973
Nov 202313677.892.81$179
Oct 2023030785.443.09$948
Sep 2023041489.042.74$1,132
Aug 2023112880.522.67$423
Jul 2023025074.852.64$660
Jun 2023187068.962.26$2,034
May 202321,44770.622.23$3,364
Apr 202382,36178.122.24$5,908
Mar 2023101,57672.852.39$4,500
Feb 2023142,31175.112.47$6,750
Jan 202381,21576.533.39$4,728
Dec 20221095976.415.73$6,258
Nov 202291,16085.005.65$7,315
Oct 202201,22787.185.86$7,195
Sep 202201,09384.888.16$8,923
Aug 202211,23394.529.13$11,348
Jul 20220858101.587.54$6,471
Jun 20221921115.097.98$7,462
May 202211,101109.378.43$9,394
Apr 202216900104.226.84$7,821
Mar 202214797108.885.08$5,570
Feb 2022201,40391.054.86$8,638
Jan 2022221,48981.844.54$8,557
Dec 2021161,62771.323.90$7,485
Nov 2021161,70177.435.24$10,147
Oct 2021171,96579.795.71$12,584
Sep 2021191,96469.865.35$11,837
Aug 20211094066.024.22$4,628
Jul 2021141,73070.783.98$7,880
Jun 2021181,73969.493.38$7,130
May 2021121,53963.483.02$5,406
Apr 2021101,01860.362.76$3,412
Mar 20211239161.302.72$1,798
Feb 20211330957.805.55$2,466
Jan 20211143250.412.81$1,769
Dec 20201041144.642.68$1,546
Nov 2020038738.772.71$1,047
Oct 2020060636.972.48$1,502
Sep 2020040037.091.99$796
Aug 2020049339.982.39$1,176
Jul 2020159038.371.83$1,115
Jun 2020452934.901.69$1,034
May 2020033216.921.81$603
Apr 202047114.751.80$187
Mar 20201335930.341.86$1,061
Feb 20201763249.881.98$2,100
Jan 20202064557.252.09$2,496
Dec 20191461659.012.30$2,246
Nov 2019365955.302.75$1,979
Oct 2019044453.472.42$1,074
Sep 2019059355.052.66$1,576
Aug 2019044053.112.30$1,014
Jul 2019045556.272.46$1,119
Jun 2019059152.782.49$1,472
May 2019054358.482.74$1,488
Apr 2019048462.632.75$1,331
Mar 2019061656.803.06$1,886
Feb 2019055650.852.79$1,552
Jan 2019049846.033.23$1,608
Dec 2018061346.594.19$2,566
Nov 2018097052.934.24$4,110
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018044559.403.07$1,365
Jul 2018052465.142.93$1,536
Jun 2018054860.183.08$1,686
May 2018067665.382.90$1,961
Apr 2018034163.842.90$989
Mar 2018083061.222.79$2,313
Feb 2018050661.782.77$1,400
Jan 2018079962.874.01$3,203
Dec 2017084757.272.92$2,475
Nov 2017057955.423.12$1,806
Oct 2017094049.292.98$2,805
Sep 2017090647.523.09$2,797
Aug 2017049245.373.00$1,478
Jul 2017082343.873.09$2,541
Jun 201701,54742.493.09$4,776
May 2017055845.373.26$1,821
Apr 2017042047.933.21$1,349
Mar 2017029946.772.98$892
Feb 2017040550.452.95$1,196
Jan 2017074549.413.42$2,547
Dec 2016098648.763.72$3,671
Nov 201601,00042.492.64$2,644
Oct 2016074746.193.09$2,308
Sep 201601,61641.553.10$5,011
Aug 201601,66941.442.92$4,881
Jul 201601,73341.622.92$5,068
Jun 201601,87645.352.69$5,039
May 201601,19242.521.99$2,373
Apr 2016039936.561.99$794
Mar 20160333.011.79$5
Feb 20160226.472.06$4
Jan 201601,08427.352.36$2,563
Dec 201501,12932.362.00$2,260
Nov 201502,05438.792.17$4,452
Oct 201502,47643.552.43$6,008
Sep 2015067642.992.76$1,865
Aug 2015062440.162.87$1,792
Jul 2015066748.152.95$1,964
Jun 2015082056.152.88$2,364
May 201501,14455.212.96$3,381
Apr 2015095749.822.71$2,590
Mar 201501,38342.892.93$4,059
Feb 201501,39144.662.98$4,140
Jan 201501,13943.433.10$3,532
Dec 201401,24054.693.59$4,453
Nov 201401,28070.464.25$5,442
Oct 201401,61178.303.90$6,284
Sep 201401,41586.164.05$5,724
Aug 2014087489.394.04$3,527
Jul 201401,73896.564.18$7,264
Jun 201401,87098.164.74$8,858
May 201411,39794.734.73$6,698
Apr 201421,40795.944.81$6,958
Mar 2014288495.895.06$4,662
Feb 201411,32397.406.19$8,289
Jan 201411,41590.404.86$6,968
Dec 201321,59391.824.35$7,120
Nov 201311,52188.853.74$5,775
Oct 201321,34797.423.78$5,286
Sep 201321,705104.113.72$6,547
Aug 201321,087104.253.52$4,038
Jul 201322,001102.523.72$7,644
Jun 2013155394.403.93$2,270
May 2013296794.834.15$4,202
Apr 201331,37793.964.28$6,179
Mar 2013164493.623.91$2,614
Feb 201321,09491.233.42$3,924
Jan 201331,30591.603.42$4,738
Dec 2012396686.773.42$3,564
Nov 201231,30286.953.62$4,981
Oct 201221,27689.383.40$4,517
Sep 2012265894.672.92$2,110
Aug 201231,21692.662.91$3,814
Jul 201221,25485.133.02$3,958
Jun 201221,02179.822.52$2,732
May 201231,23791.612.49$3,353
Apr 201231,324101.652.00$2,949
Mar 201241,441105.052.22$3,622
Feb 2012331,313101.102.57$6,711
Jan 2012351,54098.092.73$7,644
Dec 2011381,18096.873.24$7,504
Nov 2011431,93495.723.31$10,520
Oct 20111538184.983.65$2,665
Sep 2011181,03283.623.99$5,619
Aug 201151,31983.404.15$5,890
Jul 201151,42494.144.52$6,903
Jun 201141,13992.904.64$5,656
May 201151,18498.134.40$5,706
Apr 201151,192105.964.33$5,695
Mar 2011384996.364.06$3,734
Feb 201107885.644.18$326
Jan 201131,18286.504.59$5,683
Dec 201041,32985.734.35$6,121
Nov 201031,08180.843.80$4,345
Oct 201031,48178.103.51$5,431
Sep 201031,26272.633.98$5,240
Aug 201031,37273.684.42$6,284
Jul 201021,54372.554.74$7,454
Jun 201021,11570.364.91$5,616
May 201031,86971.124.24$8,129
Apr 201033,26081.694.12$13,685
Mar 201032,41578.394.39$10,834
Feb 2010378473.585.44$4,488
Jan 2010486074.365.96$5,427
Dec 2009681771.445.48$4,909
Nov 2009685974.593.75$3,670
Oct 200961,13072.544.11$5,080
Sep 2009365465.543.06$2,201
Aug 2009266567.423.22$2,275
Jul 2009269361.133.46$2,523
Jun 2009141766.163.90$1,690
May 2009022954.743.93$899
Apr 2009280846.773.59$2,992
Mar 2009289442.144.06$3,713
Feb 2009174532.814.63$3,484
Jan 2009184635.865.37$4,580
Dec 2008169037.105.98$4,161
Nov 2008179955.496.86$5,537
Oct 2008170775.246.92$4,969
Sep 20081622101.767.88$5,001
Aug 200821,282114.228.48$11,104
Jul 200811,835131.0811.39$21,031
Jun 200806131.3313.03$78
May 20080318123.1711.57$3,681
Apr 20081649110.3110.45$6,896
Mar 20081826101.909.66$8,084
Feb 2008186592.538.77$7,679
Jan 2008192390.388.21$7,664
Dec 200711,05588.337.30$7,792
Nov 200721,24391.677.29$9,247
Oct 200731,13582.856.92$8,105
Sep 200731,28375.846.24$8,239
Aug 200731,30069.066.39$8,512
Jul 200731,38770.906.39$9,073
Jun 200731,29562.007.55$9,961
May 200741,24758.747.85$10,019
Apr 200741,39659.617.81$11,135
Mar 200731,08256.927.30$8,071
Feb 200741,27455.108.22$10,688
Jan 200731,49450.306.73$10,201
Dec 200631,45956.656.92$10,264
Nov 200621,47154.207.62$11,314
Oct 200631,33454.906.01$8,187
Sep 200631,49660.085.04$7,716
Aug 200641,64968.717.34$12,378
Jul 200641,67969.376.34$10,927
Jun 200641,70566.286.38$11,150
May 200641,59666.016.42$10,518
Apr 200631,47364.397.36$11,035
Mar 200631,55856.707.08$11,205
Feb 200641,45757.597.75$11,524
Jan 200631,60960.598.93$14,555
Dec 200531,36954.9413.42$18,531
Nov 200571,19254.6910.59$13,004
Oct 2005231,59158.3413.80$23,291
Sep 2005271,56561.4512.08$20,563
Aug 2005141,42661.519.80$14,831
Jul 200541,27655.697.84$10,231
Jun 200541,42252.337.38$10,705
May 200571,31645.226.65$9,069
Apr 2005111,49349.207.36$11,530
Mar 2005121,37950.377.15$10,471
Feb 200591,32945.226.31$8,796
Jan 200531,37843.166.32$8,841
Dec 200431,40539.866.75$9,605
Nov 200441,63845.286.33$10,550
Oct 200441,58249.706.52$10,506
Sep 200441,64043.245.28$8,839
Aug 200471,74842.375.55$9,999
Jul 200481,65238.286.08$10,357
Jun 200451,71736.106.43$11,226
May 200461,73537.486.49$11,493
Apr 200431,69434.475.86$10,028
Mar 200441,83334.365.53$10,274
Feb 200451,80232.455.51$10,091
Jan 2004111,94332.036.30$12,593
Dec 200381,95330.266.30$12,549
Nov 200351,59928.804.60$7,492
Oct 200352,03328.174.76$9,817
Sep 2003101,98126.314.75$9,672
Aug 2003402,02329.765.13$11,568
Jul 2003702,04429.415.17$12,628
Jun 2003732,03528.565.98$14,260
May 2003552,19626.595.97$14,578
Apr 200362,17226.675.41$11,905
Mar 200332,12231.146.10$13,029
Feb 200331,89133.487.93$15,088
Jan 200372,18930.315.58$12,431
Dec 200272,25026.914.85$11,109
Nov 200282,15924.664.14$9,129
Oct 200232,30026.464.23$9,806
Sep 200202,13927.443.64$7,776
Aug 200212,10725.963.16$6,693
Jul 200222,41824.583.06$7,453
Jun 200222,18923.733.34$7,355
May 200262,43524.663.58$8,875
Apr 2002152,49623.653.51$9,122
Mar 2002102,57922.003.10$8,222
Feb 200262,74218.222.38$6,623
Jan 200292,72117.172.38$6,619
Dec 200152,91616.932.36$6,979
Nov 200142,75518.072.41$6,699
Oct 200122,77919.782.53$7,067
Sep 200132,65924.262.25$6,059
Aug 200162,93524.873.05$9,110
Jul 200192,93623.933.20$9,602
Jun 2001272,86624.563.82$11,623
May 2001482,93925.524.31$13,884
Apr 2001102,86524.685.34$15,532
Mar 2001123,04824.545.38$16,682
Feb 2001112,70827.755.77$15,923
Jan 2001123,11727.478.40$26,509
Dec 2000113,19226.889.12$29,415
Nov 2000213,20632.215.66$18,816
Oct 2000243,28831.235.15$17,668
Sep 2000193,24131.875.19$17,415
Aug 2000103,50929.644.54$16,230
Jul 2000123,40828.534.09$14,280
Jun 2000253,47129.304.40$15,995
May 2000203,73427.263.68$14,285
Apr 2000173,79624.513.12$12,245
Mar 2000134,05828.422.86$11,974
Feb 20001394,10527.622.73$15,031
Jan 20002084,66025.272.48$16,815
Dec 19992414,46524.282.42$16,673
Nov 19991374,74923.192.43$14,736
Oct 1999285,34420.982.80$15,570
Sep 1999185,70121.752.62$15,322
Aug 1999136,06619.262.88$17,694
Jul 1999285,87317.892.37$14,434
Jun 1999575,65915.942.36$14,276
May 1999326,25815.792.32$15,030
Apr 1999265,86915.102.21$13,352
Mar 1999636,65112.471.84$13,012
Feb 1999366,8649.981.82$12,837
Jan 1999345,44010.381.90$10,689
Dec 1998265,8719.201.77$10,650
Nov 1998266,25710.892.19$13,959
Oct 1998217,33412.421.97$14,703
Sep 1998207,61712.592.08$16,115
Aug 1998239,37411.301.91$18,139
Jul 19982110,57511.742.24$23,906
Jun 19982411,74711.242.24$26,551
May 19983115,19312.622.21$33,912
Apr 19986318,78313.042.51$47,879
Mar 1998162,38212.802.31$5,706
Feb 1998243,04713.952.30$7,340
Jan 1998283,65214.702.15$8,281
Dec 1997253,74616.322.41$9,440
Nov 1997273,92618.193.09$12,616
Oct 1997244,30219.253.15$14,013
Sep 1997274,53217.742.95$13,871
Aug 1997244,87317.862.55$12,878
Jul 1997165,27517.582.25$12,134
Jun 1997185,87517.242.26$13,571
May 1997207,11918.972.31$16,814
Apr 1997269,12817.882.08$19,477
Mar 1997408,46318.951.94$17,169

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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                  287 Mcf  × $  3.05 =       $874

────────────────────────────────────────────────────
Month total                                     $981

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/162602 is the state's own key, not one this site invented.