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 162603District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Apr 1997 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
350
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 Gas111997-06-25136630
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
CondensateDisposition2,527 bbl$101,725
GasProduction735,453 Mcf$2,891,008
Total$2,992,733

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 28.3570, -98.4601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35703, -98.46013 · 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
10,568 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 10,568 ft.

Completions filed
Apr 1997
1 of 1 wells

1 well

42-3113336812310,568 ftApr 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 (350)

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

350 months

May 20262452106.413.05$1,590
Apr 2026917198.932.87$1,381
Mar 2026610789.753.15$875
Feb 2026812063.503.75$958
Jan 2026713259.138.00$1,470
Dec 20251330356.664.41$2,074
Nov 2025921358.593.93$1,364
Oct 2025030559.383.30$1,008
Sep 2025023962.743.08$735
Aug 2025010563.933.01$317
Jul 202514066.743.32$199
Jun 2025139866.483.13$1,312
May 2025513160.553.23$726
Apr 2025428662.363.54$1,263
Mar 2025220667.704.27$1,015
Feb 2025321470.884.34$1,142
Jan 2025335774.324.28$1,750
Dec 2024436468.993.12$1,412
Nov 2024210669.052.20$371
Oct 2024321271.372.28$698
Sep 2024421669.612.36$789
Aug 2024427375.632.06$866
Jul 20241241479.932.15$1,848
Jun 2024758278.082.63$2,080
May 2024470378.812.20$1,861
Apr 2024212984.451.66$383
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023623271.262.61$1,033
Nov 2023714077.892.81$938
Oct 2023234685.443.09$1,239
Sep 2023237689.042.74$1,206
Aug 2023214080.522.67$535
Jul 202328374.852.64$369
Jun 2023219568.962.26$578
May 2023427070.622.23$884
Apr 2023413578.122.24$615
Mar 2023620472.852.39$925
Feb 2023711775.112.47$814
Jan 202347476.533.39$557
Dec 2022614876.415.73$1,306
Nov 2022941485.005.65$3,103
Oct 2022457787.185.86$3,732
Sep 2022317384.888.16$1,667
Aug 2022324394.529.13$2,501
Jul 20224327101.587.54$2,873
Jun 20225540115.097.98$4,883
May 20225829109.378.43$7,538
Apr 20228203104.226.84$2,222
Mar 20229330108.885.08$2,655
Feb 2022141,25191.054.86$7,353
Jan 2022161,37581.844.54$7,549
Dec 20211485471.323.90$4,328
Nov 202157177.435.24$759
Oct 202146479.795.71$685
Sep 202144869.865.35$536
Aug 202125166.024.22$347
Jul 202125370.783.98$353
Jun 202134669.493.38$364
May 202125663.483.02$296
Apr 202113960.362.76$168
Mar 202128161.302.72$343
Feb 202121657.805.55$204
Jan 2021315550.412.81$587
Dec 202022044.642.68$143
Nov 202021138.772.71$107
Oct 202047536.972.48$334
Sep 202068337.091.99$388
Aug 2020439939.982.39$1,112
Jul 2020345538.371.83$946
Jun 20203034.901.69$105
May 2020033616.921.81$610
Apr 202003914.751.80$70
Mar 2020128930.341.86$567
Feb 2020239549.881.98$882
Jan 2020246557.252.09$1,089
Dec 2019141759.012.30$1,020
Nov 201904155.302.75$113
Oct 20190753.472.42$17
Sep 201904555.052.66$120
Aug 201905253.112.30$120
Jul 20190556.272.46$12
Jun 201908752.782.49$217
May 201909158.482.74$249
Apr 201905562.632.75$151
Mar 201917356.803.06$280
Feb 201902050.852.79$56
Jan 201919046.033.23$337
Dec 201817446.594.19$356
Nov 2018113752.934.24$633
Oct 2018115061.443.40$571
Sep 201801959.543.11$59
Aug 201802059.403.07$61
Jul 201802265.142.93$65
Jun 201802160.183.08$65
May 201801565.382.90$44
Apr 201806163.842.90$177
Mar 2018212461.222.79$468
Feb 2018126561.782.77$795
Jan 201821,62362.874.01$6,633
Dec 2017016957.272.92$494
Nov 2017012155.423.12$377
Oct 2017010749.292.98$319
Sep 2017011347.523.09$349
Aug 2017012345.373.00$370
Jul 2017013343.873.09$411
Jun 2017121042.493.09$691
May 2017012345.373.26$401
Apr 2017112647.933.21$453
Mar 2017121446.772.98$685
Feb 2017127550.452.95$862
Jan 2017140249.413.42$1,424
Dec 2016147448.763.72$1,813
Nov 2016125642.492.64$719
Oct 2016234846.193.09$1,168
Sep 2016135341.553.10$1,136
Aug 2016010441.442.92$304
Jul 2016131041.622.92$948
Jun 2016122345.352.69$644
May 2016142142.521.99$881
Apr 2016034636.561.99$689
Mar 2016019433.011.79$348
Feb 2016013526.472.06$279
Jan 2016019427.352.36$459
Dec 2015027732.362.00$554
Nov 2015064038.792.17$1,387
Oct 2015047643.552.43$1,155
Sep 2015056542.992.76$1,559
Aug 2015032140.162.87$922
Jul 2015017648.152.95$518
Jun 2015055356.152.88$1,594
May 2015043355.212.96$1,280
Apr 2015156149.822.71$1,568
Mar 2015167042.892.93$2,009
Feb 2015139744.662.98$1,226
Jan 2015261043.433.10$1,978
Dec 2014372254.693.59$2,757
Nov 2014468670.464.25$3,199
Oct 2014376178.303.90$3,204
Sep 2014276386.164.05$3,259
Aug 2014374989.394.04$3,290
Jul 2014281296.564.18$3,587
Jun 2014278198.164.74$3,896
May 2014283194.734.73$4,117
Apr 2014189595.944.81$4,400
Mar 2014274395.895.06$3,949
Feb 2014274897.406.19$4,826
Jan 2014296490.404.86$4,867
Dec 2013182691.824.35$3,689
Nov 2013295288.853.74$3,737
Oct 201321,13997.423.78$4,500
Sep 20131257104.113.72$1,060
Aug 20133800104.253.52$3,131
Jul 20133854102.523.72$3,483
Jun 2013377894.403.93$3,343
May 2013375394.834.15$3,409
Apr 2013477793.964.28$3,703
Mar 2013682793.623.91$3,798
Feb 2013471391.233.42$2,803
Jan 2013575291.603.42$3,030
Dec 2012580886.773.42$3,197
Nov 2012581386.953.62$3,382
Oct 2012485789.383.40$3,271
Sep 2012586894.672.92$3,007
Aug 2012689592.662.91$3,159
Jul 2012489385.133.02$3,038
Jun 2012483579.822.52$2,423
May 2012587391.612.49$2,630
Apr 20125877101.652.00$2,259
Mar 20124853105.052.22$2,316
Feb 20125778101.102.57$2,505
Jan 2012586998.092.73$2,866
Dec 2011587096.873.24$3,303
Nov 2011592195.723.31$3,528
Oct 2011595984.983.65$3,924
Sep 2011693283.623.99$4,216
Aug 20111598883.404.15$5,351
Jul 2011161,01194.144.52$6,073
Jun 20111382492.904.64$5,031
May 20111786298.134.40$5,465
Apr 201115839105.964.33$5,225
Mar 20111690496.364.06$5,210
Feb 2011876485.644.18$3,879
Jan 2011487386.504.59$4,352
Dec 2010587685.734.35$4,237
Nov 2010496480.843.80$3,982
Oct 201051,06778.103.51$4,134
Sep 201051,00272.633.98$4,351
Aug 201051,08473.684.42$5,159
Jul 201041,05172.554.74$5,268
Jun 201031,01370.364.91$5,185
May 201031,03471.124.24$4,593
Apr 2010397381.694.12$4,256
Mar 201041,01678.394.39$4,772
Feb 201031,02373.585.44$5,788
Jan 201031,16474.365.96$7,165
Dec 200951,09471.445.48$6,356
Nov 200961,24274.593.75$5,107
Oct 200971,32872.544.11$5,966
Sep 200951,33865.543.06$4,428
Aug 200931,37267.423.22$4,618
Jul 200931,38961.133.46$4,996
Jun 200931,25566.163.90$5,087
May 200931,14754.743.93$4,667
Apr 200931,25446.773.59$4,639
Mar 200921,30642.144.06$5,385
Feb 200921,19332.814.63$5,593
Jan 200921,32135.865.37$7,167
Dec 200811,20237.105.98$7,222
Nov 200821,12655.496.86$7,836
Oct 200821,33675.246.92$9,398
Sep 200811,701101.767.88$13,501
Aug 200811,801114.228.48$15,392
Jul 200811,397131.0811.39$16,042
Jun 200811,409131.3313.03$18,494
May 200811,418123.1711.57$16,536
Apr 200821,310110.3110.45$13,916
Mar 200821,386101.909.66$13,598
Feb 200821,57292.538.77$13,972
Jan 200821,68090.388.21$13,966
Dec 200721,65788.337.30$12,276
Nov 200721,73391.677.29$12,820
Oct 200721,66182.856.92$11,663
Sep 200711,99575.846.24$12,533
Aug 200721,93369.066.39$12,486
Jul 200721,72870.906.39$11,180
Jun 200721,80762.007.55$13,764
May 200731,81858.747.85$14,441
Apr 200751,80459.617.81$14,379
Mar 200751,88056.927.30$14,012
Feb 200751,61555.108.22$13,544
Jan 200751,81650.306.73$12,467
Dec 200631,83756.656.92$12,879
Nov 200631,99954.207.62$15,390
Oct 200642,04754.906.01$12,530
Sep 200632,05960.085.04$10,552
Aug 200642,14368.717.34$16,004
Jul 200662,15069.376.34$14,053
Jun 200672,27966.286.38$15,013
May 200662,38566.016.42$15,720
Apr 200632,22664.397.36$16,578
Mar 200632,28756.707.08$16,369
Feb 200642,09957.597.75$16,500
Jan 200632,36860.598.93$21,336
Dec 200531,98954.9413.42$26,848
Nov 200531,91154.6910.59$20,399
Oct 200532,20958.3413.80$30,650
Sep 200542,18861.4512.08$26,675
Aug 200542,32461.519.80$23,014
Jul 200541,98655.697.84$15,800
Jun 200552,00452.337.38$15,053
May 200592,09045.226.65$14,308
Apr 2005132,28149.207.36$17,429
Mar 2005152,00650.377.15$15,108
Feb 2005101,93445.226.31$12,659
Jan 200542,17243.166.32$13,904
Dec 200442,18239.866.75$14,890
Nov 200442,11545.286.33$13,570
Oct 200452,34549.706.52$15,526
Sep 200442,30943.245.28$12,373
Aug 2004132,39642.375.55$13,850
Jul 2004202,49438.286.08$15,940
Jun 2004132,49936.106.43$16,545
May 2004171,93237.486.49$13,185
Apr 2004202,46634.475.86$15,136
Mar 2004222,49934.365.53$14,576
Feb 200492,40132.455.51$13,521
Jan 200452,62532.036.30$16,697
Dec 200342,75730.266.30$17,495
Nov 200332,52228.804.60$11,675
Oct 200332,69728.174.76$12,921
Sep 200332,77726.314.75$13,268
Aug 200372,77829.765.13$14,459
Jul 2003122,88929.415.17$15,291
Jun 2003122,99228.565.98$18,244
May 2003102,95226.595.97$17,897
Apr 200333,16026.675.41$17,167
Mar 200333,06631.146.10$18,784
Feb 200332,81133.487.93$22,380
Jan 200333,29830.315.58$18,501
Dec 200243,39126.914.85$16,567
Nov 200293,44724.664.14$14,482
Oct 200233,60726.464.23$15,334
Sep 200243,64527.443.64$13,360
Aug 200243,87925.963.16$12,378
Jul 2002103,98924.583.06$12,459
Jun 2002163,90223.733.34$13,405
May 2002104,00024.663.58$14,583
Apr 200233,13323.653.51$11,075
Mar 200263,86822.003.10$12,133
Feb 200233,35418.222.38$8,023
Jan 200263,92817.172.38$9,435
Dec 200154,11816.932.36$9,821
Nov 200134,06918.072.41$9,842
Oct 200174,17019.782.53$10,684
Sep 2001144,12324.262.25$9,622
Aug 2001174,45524.873.05$14,025
Jul 2001104,39723.933.20$14,297
Jun 200194,18924.563.82$16,240
May 2001164,72625.524.31$20,765
Apr 2001224,48324.685.34$24,461
Mar 2001304,83924.545.38$26,753
Feb 2001254,26027.755.77$25,262
Jan 2001244,79927.478.40$40,965
Dec 2000214,86426.889.12$44,936
Nov 2000105,24332.215.66$29,987
Oct 2000115,58331.235.15$29,071
Sep 2000125,49431.875.19$28,877
Aug 2000205,93029.644.54$27,519
Jul 2000255,96328.534.09$25,100
Jun 2000295,97429.304.40$27,119
May 2000596,26827.263.68$24,673
Apr 2000315,85924.513.12$19,016
Mar 200026,04528.422.86$17,344
Feb 2000265,71527.622.73$16,300
Jan 2000316,32325.272.48$16,468
Dec 1999366,66424.282.42$17,026
Nov 1999386,86323.192.43$17,586
Oct 1999287,86620.982.80$22,641
Sep 1999227,64721.752.62$20,505
Aug 1999139,47619.262.88$27,500
Jul 1999184,89617.892.37$11,937
Jun 1999325,51915.942.36$13,547
May 1999455,82815.792.32$14,237
Apr 1999265,90715.102.21$13,436
Mar 1999216,19912.471.84$11,658
Feb 1999195,6459.981.82$10,451
Jan 1999355,79310.381.90$11,370
Dec 1998245,4709.201.77$9,921
Nov 1998245,85710.892.19$13,063
Oct 1998226,00212.421.97$12,092
Sep 1998215,91012.592.08$12,573
Aug 1998236,33811.301.91$12,349
Jul 1998196,98411.742.24$15,848
Jun 1998227,84311.242.24$17,794
May 1998219,19412.622.21$20,550
Apr 1998208,16113.042.51$20,707
Mar 1998167,23512.802.31$16,914
Feb 1998167,91713.952.30$18,425
Jan 1998198,89214.702.15$19,440
Dec 19971910,17116.322.41$24,833
Nov 19972211,52818.193.09$36,002
Oct 19972814,19619.253.15$45,254
Sep 19972712,60017.742.95$37,710
Aug 19974714,74917.862.55$38,519
Jul 19975516,91917.582.25$38,983
Jun 19974319,77117.242.26$45,368
May 19974926,06018.972.31$61,089
Apr 19974924,97517.882.08$52,894

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             2 bbl  × $106.41 =       $213
Gas                  452 Mcf  × $  3.05 =     $1,377

────────────────────────────────────────────────────
Month total                                   $1,590

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/162603 is the state's own key, not one this site invented.