WR "K"

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 162609District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Mar 1997 – May 2026
Value, last 12 filed months
$34 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 Gas111997-06-25136618
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
CondensateDisposition14,224 bbl$356,636
GasProduction342,587 Mcf$1,173,562
Total$1,530,198

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 28.4103, -98.4216. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41033, -98.42157 · 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
10,753 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 10,753 ft.

1 well

42-31133366810,753 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 202629292106.413.05$3,975
Apr 2026288598.932.87$3,014
Mar 2026024289.753.15$762
Feb 20262911063.503.75$2,254
Jan 20263317359.138.00$3,335
Dec 2025033856.664.41$1,492
Nov 20254011458.593.93$2,791
Oct 2025021959.383.30$724
Sep 20254738062.743.08$4,118
Aug 20254235963.933.01$3,767
Jul 20254132966.743.32$3,827
Jun 202553866.483.13$3,548
May 2025489160.553.23$3,201
Apr 20259552462.363.54$7,781
Mar 20253262267.704.27$4,821
Feb 20252446570.884.34$3,720
Jan 20252157674.324.28$4,025
Dec 20242068568.993.12$3,518
Nov 2024027969.052.20$613
Oct 20244071.372.28$285
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20244079.932.15$320
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202444080.301.55$3,533
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 2023012689.042.74$345
Aug 20230180.522.67$3
Jul 202319474.852.64$1,433
Jun 202374068.962.26$5,103
May 202304170.622.23$91
Apr 2023126778.122.24$1,087
Mar 202316072.852.39$1,166
Feb 2023014575.112.47$358
Jan 2023124976.533.39$1,084
Dec 2022132776.415.73$1,148
Nov 20221613685.005.65$2,128
Oct 2022010287.185.86$598
Sep 20221612284.888.16$2,354
Aug 20223116794.529.13$4,454
Jul 20221490101.587.54$2,101
Jun 20220221115.097.98$1,763
May 2022415109.378.43$564
Apr 202260104.226.84$625
Mar 2022939108.885.08$1,178
Feb 2022139391.054.86$1,636
Jan 20223013681.844.54$3,072
Dec 20211717071.323.90$1,875
Nov 2021023177.435.24$1,210
Oct 2021515179.795.71$1,262
Sep 202104869.865.35$257
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202113069.493.38$903
May 2021014563.483.02$438
Apr 2021135860.362.76$945
Mar 2021013561.302.72$367
Feb 20211919257.805.55$2,163
Jan 2021026250.412.81$736
Dec 20201126344.642.68$1,195
Nov 202009038.772.71$244
Oct 202009036.972.48$223
Sep 2020914437.091.99$621
Aug 2020218939.982.39$1,052
Jul 2020019338.371.83$352
Jun 2020501034.901.69$1,762
May 20200316.921.81$5
Apr 20205811514.751.80$1,063
Mar 20201138930.341.86$3,594
Feb 202008949.881.98$176
Jan 20208816957.252.09$5,392
Dec 20194411959.012.30$2,871
Nov 20191310855.302.75$1,016
Oct 201959953.472.42$507
Sep 2019415055.052.66$619
Aug 2019512953.112.30$563
Jul 2019016656.272.46$408
Jun 2019717152.782.49$795
May 2019914058.482.74$910
Apr 201999862.632.75$833
Mar 201909556.803.06$291
Feb 2019107150.852.79$707
Jan 201908746.033.23$281
Dec 2018158546.594.19$1,055
Nov 20181619452.934.24$1,669
Oct 20181722161.443.40$1,795
Sep 2018010959.543.11$339
Aug 2018357459.403.07$2,306
Jul 20184817065.142.93$3,625
Jun 201812726560.183.08$8,458
May 2018019565.382.90$566
Apr 20187317763.842.90$5,174
Mar 20185714361.222.79$3,888
Feb 2018017361.782.77$479
Jan 2018020762.874.01$830
Dec 2017040357.272.92$1,177
Nov 2017141,00955.423.12$3,922
Oct 201714049.292.98$690
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017013742.493.09$423
May 2017020545.373.26$669
Apr 20173233947.933.21$2,622
Mar 2017025946.772.98$773
Feb 20175031250.452.95$3,444
Jan 2017035249.413.42$1,203
Dec 20164634448.763.72$3,524
Nov 2016035842.492.64$947
Oct 20163738246.193.09$2,890
Sep 2016034041.553.10$1,054
Aug 2016031041.442.92$907
Jul 20161726241.622.92$1,474
Jun 2016037245.352.69$999
May 2016438442.521.99$935
Apr 2016011136.561.99$221
Mar 2016467233.011.79$1,338
Feb 20169026.472.06$238
Jan 20160027.352.36$0
Dec 2015740232.362.00$1,031
Nov 20152043138.792.17$1,710
Oct 20151335243.552.43$1,420
Sep 20151139042.992.76$1,549
Aug 20151739840.162.87$1,826
Jul 20151245748.152.95$1,924
Jun 2015640656.152.88$1,507
May 2015735355.212.96$1,430
Apr 2015434249.822.71$1,125
Mar 2015331242.892.93$1,044
Feb 2015131744.662.98$988
Jan 2015036743.433.10$1,138
Dec 2014040754.693.59$1,462
Nov 2014032870.464.25$1,395
Oct 2014055278.303.90$2,153
Sep 20140086.164.05$0
Aug 2014013389.394.04$537
Jul 2014127096.564.18$1,225
Jun 2014027598.164.74$1,303
May 2014241194.734.73$2,132
Apr 201423095.944.81$336
Mar 2014316595.895.06$1,122
Feb 2014512197.406.19$1,236
Jan 2014917290.404.86$1,650
Dec 20132428291.824.35$3,432
Nov 20134124088.853.74$4,540
Oct 2013426197.423.78$1,376
Sep 2013422104.113.72$498
Aug 20136199104.253.52$1,327
Jul 20134239102.523.72$1,299
Jun 2013310094.403.93$677
May 2013222794.834.15$1,132
Apr 2013124893.964.28$1,156
Mar 2013322293.623.91$1,150
Feb 2013224491.233.42$1,017
Jan 2013242391.603.42$1,630
Dec 2012252086.773.42$1,952
Nov 2012264686.953.62$2,516
Oct 2012169089.383.40$2,435
Sep 2012169594.672.92$2,123
Aug 2012166492.662.91$2,024
Jul 2012171785.133.02$2,251
Jun 2012168279.822.52$1,798
May 2012178391.612.49$2,040
Apr 20121737101.652.00$1,573
Mar 20122824105.052.22$2,041
Feb 20122759101.102.57$2,153
Jan 2012125198.092.73$784
Dec 2011327896.873.24$1,191
Nov 2011326395.723.31$1,158
Oct 2011325884.983.65$1,196
Sep 2011324983.623.99$1,243
Aug 2011328483.404.15$1,429
Jul 2011331994.144.52$1,723
Jun 2011133592.904.64$1,647
May 2011329398.134.40$1,585
Apr 20112304105.964.33$1,529
Mar 2011536196.364.06$1,947
Feb 2011340285.644.18$1,937
Jan 2011443886.504.59$2,356
Dec 2010134285.734.35$1,573
Nov 2010133280.843.80$1,341
Oct 2010243678.103.51$1,686
Sep 2010331872.633.98$1,483
Aug 2010351973.684.42$2,515
Jul 2010452472.554.74$2,772
Jun 2010442770.364.91$2,378
May 2010442371.124.24$2,076
Apr 2010332581.694.12$1,585
Mar 2010433678.394.39$1,788
Feb 2010432973.585.44$2,085
Jan 2010533974.365.96$2,394
Dec 2009435071.445.48$2,205
Nov 2009431574.593.75$1,480
Oct 2009430172.544.11$1,527
Sep 2009335665.543.06$1,288
Aug 2009637467.423.22$1,608
Jul 2009438061.133.46$1,561
Jun 2009434566.163.90$1,608
May 2009438254.743.93$1,719
Apr 2009236246.773.59$1,392
Mar 2009246842.144.06$1,984
Feb 2009233032.814.63$1,595
Jan 2009244035.865.37$2,435
Dec 2008239537.105.98$2,435
Nov 2008054055.496.86$3,705
Oct 2008055175.246.92$3,814
Sep 20081381101.767.88$3,103
Aug 20081406114.228.48$3,558
Jul 20081515131.0811.39$5,997
Jun 20081473131.3313.03$6,296
May 20081527123.1711.57$6,223
Apr 20082534110.3110.45$5,804
Mar 20081600101.909.66$5,900
Feb 2008116792.538.77$1,557
Jan 2008218290.388.21$1,674
Dec 2007154588.337.30$4,068
Nov 2007251091.677.29$3,902
Oct 2007256782.856.92$4,090
Sep 2007257475.846.24$3,736
Aug 2007265769.066.39$4,335
Jul 2007258270.906.39$3,860
Jun 2007248362.007.55$3,770
May 2007347158.747.85$3,872
Apr 2007152059.617.81$4,118
Mar 2007163856.927.30$4,716
Feb 2007150055.108.22$4,163
Jan 2007158050.306.73$3,952
Dec 2006260656.656.92$4,306
Nov 2006355354.207.62$4,375
Oct 2006264954.906.01$4,013
Sep 2006263560.085.04$3,319
Aug 2006364568.717.34$4,940
Jul 20061365769.376.34$5,069
Jun 20061464366.286.38$5,033
May 20061764666.016.42$5,273
Apr 2006969864.397.36$5,717
Mar 2006565156.707.08$4,894
Feb 2006460757.597.75$4,935
Jan 2006462660.598.93$5,835
Dec 2005274854.9413.42$10,145
Nov 2005273754.6910.59$7,913
Oct 2005274758.3413.80$10,422
Sep 2005376661.4512.08$9,437
Aug 2005483361.519.80$8,407
Jul 2005356655.697.84$4,607
Jun 2005353152.337.38$4,076
May 2005355045.226.65$3,794
Apr 20051853249.207.36$4,801
Mar 20053654550.377.15$5,713
Feb 20051545545.226.31$3,550
Jan 20052053243.166.32$4,227
Dec 2004362039.866.75$4,305
Nov 2004445145.286.33$3,036
Oct 2004349449.706.52$3,368
Sep 2004356243.245.28$3,099
Aug 2004457742.375.55$3,372
Jul 2004555238.286.08$3,550
Jun 2004467336.106.43$4,474
May 2004479337.486.49$5,300
Apr 2004973034.475.86$4,587
Mar 20041666434.365.53$4,222
Feb 20041565032.455.51$4,068
Jan 2004970432.036.30$4,723
Dec 2003279730.266.30$5,083
Nov 2003274628.804.60$3,486
Oct 2003287228.174.76$4,207
Sep 2003282326.314.75$3,961
Aug 2003290329.765.13$4,692
Jul 2003288129.415.17$4,614
Jun 2003290128.565.98$5,448
May 2003295826.595.97$5,775
Apr 2003186226.675.41$4,688
Mar 2003294331.146.10$5,811
Feb 2003279833.487.93$6,392
Jan 200321,21730.315.58$6,854
Dec 200231,14726.914.85$5,648
Nov 200251,29624.664.14$5,485
Oct 200261,32126.464.23$5,745
Sep 200251,44627.443.64$5,394
Aug 200261,48925.963.16$4,867
Jul 200241,39724.583.06$4,376
Jun 200241,34523.733.34$4,585
May 200241,45224.663.58$5,303
Apr 200241,37823.653.51$4,935
Mar 200241,45822.003.10$4,612
Feb 200241,24518.222.38$3,031
Jan 200231,37817.172.38$3,325
Dec 200121,53816.932.36$3,670
Nov 200121,52218.072.41$3,697
Oct 200131,71219.782.53$4,389
Sep 200141,35224.262.25$3,141
Aug 2001261,54324.873.05$5,358
Jul 2001331,52723.933.20$5,672
Jun 2001191,55024.563.82$6,394
May 200141,64225.524.31$7,175
Apr 200151,63424.685.34$8,841
Mar 200141,89224.545.38$10,270
Feb 2001561,76227.755.77$11,716
Jan 20012361,83627.478.40$21,903
Dec 20001311,88026.889.12$20,672
Nov 2000722,11832.215.66$14,303
Oct 2000882,25031.235.15$14,326
Sep 20001032,28931.875.19$15,155
Aug 2000622,31929.644.54$12,368
Jul 2000442,48928.534.09$11,435
Jun 2000832,53029.304.40$13,557
May 2000762,51527.263.68$11,326
Apr 2000452,46024.513.12$8,768
Mar 2000812,66328.422.86$9,918
Feb 20001493,24227.622.73$12,955
Jan 20001563,43825.272.48$12,470
Dec 19991183,36124.282.42$11,011
Nov 19991123,72123.192.43$11,654
Oct 19991704,23720.982.80$15,446
Sep 19991114,12221.752.62$13,209
Aug 19991134,58819.262.88$15,370
Jul 19992115,05317.892.37$15,762
Jun 19991795,09815.942.36$14,895
May 19993744,79815.792.32$17,042
Apr 19992124,87715.102.21$13,970
Mar 19992716,15812.471.84$14,700
Feb 19993216,4269.981.82$14,885
Jan 19993366,42510.381.90$15,695
Dec 19983477,3539.201.77$16,232
Nov 19983747,48710.892.19$20,437
Oct 19982268,57812.421.97$19,699
Sep 19984178,30712.592.08$22,550
Aug 199847010,50411.301.91$25,346
Jul 19983959,00411.742.24$24,782
Jun 199852411,40711.242.24$31,410
May 199872013,43112.622.21$38,720
Apr 19981081,83813.042.51$6,013
Mar 19981742,42912.802.31$7,837
Feb 19981972,06013.952.30$7,484
Jan 19982322,35214.702.15$8,478
Dec 19975612,29016.322.41$14,677
Nov 1997352,28818.193.09$7,703
Oct 19972562,92419.253.15$14,138
Sep 19971354,16917.742.95$14,714
Aug 1997613,79017.862.55$10,772
Jul 19971874,06217.582.25$12,415
Jun 19973554,35417.242.26$15,948
May 19974235,21518.972.31$20,063
Apr 19971,0366,06417.882.08$31,154
Mar 19971961,42718.951.94$6,481

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            29 bbl  × $106.41 =     $3,086
Gas                  292 Mcf  × $  3.05 =       $889

────────────────────────────────────────────────────
Month total                                   $3,975

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/162609 is the state's own key, not one this site invented.