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 162610District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Mar 1997 – May 2026
Value, last 12 filed months
$20 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 Gas111997-06-25136625
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
CondensateDisposition20,608 bbl$640,848
GasProduction254,402 Mcf$853,490
Total$1,494,339

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 28.4108, -98.4181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41075, -98.41806 · 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
10,740 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 10,740 ft.

Completions filed
Mar 1997
1 of 1 wells

1 well

42-31133357910,740 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 202622120106.413.05$2,707
Apr 2026244198.932.87$2,492
Mar 2026013089.753.15$409
Feb 2026274163.503.75$1,868
Jan 20262512359.138.00$2,462
Dec 2025011256.664.41$494
Nov 20251813158.593.93$1,569
Oct 202506759.383.30$221
Sep 20251819762.743.08$1,735
Aug 20251925963.933.01$1,995
Jul 20251913766.743.32$1,722
Jun 2025333666.483.13$2,306
May 20252217460.553.23$1,895
Apr 20253229362.363.54$3,034
Mar 20251128067.704.27$1,940
Feb 20251023770.884.34$1,738
Jan 20251247574.324.28$2,924
Dec 20241469768.993.12$3,141
Nov 2024033469.052.20$734
Oct 20243071.372.28$214
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20243079.932.15$240
Jun 20240078.082.63$0
May 202401378.812.20$29
Apr 20240084.451.66$0
Mar 202423080.301.55$1,847
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202302085.443.09$62
Sep 20230089.042.74$0
Aug 202304180.522.67$110
Jul 202315574.852.64$1,136
Jun 2023553668.962.26$3,874
May 202308570.622.23$189
Apr 2023265378.122.24$2,150
Mar 2023284172.852.39$2,138
Feb 2023020775.112.47$510
Jan 2023419476.533.39$3,456
Dec 20222345976.415.73$4,387
Nov 202249785.005.65$888
Oct 202205887.185.86$340
Sep 2022311784.888.16$1,210
Aug 2022717394.529.13$2,241
Jul 20223360101.587.54$3,020
Jun 20220175115.097.98$1,396
May 2022239109.378.43$548
Apr 20225191104.226.84$1,827
Mar 2022439108.885.08$634
Feb 202256091.054.86$747
Jan 2022149881.844.54$1,590
Dec 202167871.323.90$732
Nov 2021010277.435.24$534
Oct 2021119279.795.71$1,177
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20213069.493.38$208
May 202102563.483.02$75
Apr 20214060.362.76$241
Mar 202101361.302.72$35
Feb 202176057.805.55$737
Jan 202106050.412.81$169
Dec 202043744.642.68$278
Nov 202003738.772.71$100
Oct 202003336.972.48$82
Sep 202054437.091.99$273
Aug 2020115739.982.39$576
Jul 202001938.371.83$35
Jun 202092734.901.69$360
May 202003916.921.81$71
Apr 202022014.751.80$66
Mar 202031930.341.86$126
Feb 202001649.881.98$32
Jan 202034057.252.09$256
Dec 201934359.012.30$276
Nov 201955155.302.75$417
Oct 201943053.472.42$286
Sep 20195455.052.66$286
Aug 2019111553.112.30$619
Jul 201903756.272.46$91
Jun 2019156052.782.49$941
May 2019153358.482.74$968
Apr 2019148262.632.75$1,102
Mar 201907556.803.06$230
Feb 20192021250.852.79$1,609
Jan 2019041246.033.23$1,330
Dec 20181634646.594.19$2,194
Nov 201839552.934.24$561
Oct 201803061.443.40$102
Sep 201801159.543.11$34
Aug 201802459.403.07$74
Jul 201805365.142.93$155
Jun 201803660.183.08$111
May 201807365.382.90$212
Apr 201808463.842.90$244
Mar 201809461.222.79$262
Feb 2018016661.782.77$459
Jan 2018022562.874.01$902
Dec 2017017857.272.92$520
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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201401494.734.73$66
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201434090.404.86$3,074
Dec 20132863091.824.35$5,314
Nov 201314760488.853.74$15,319
Oct 201320369197.423.78$22,388
Sep 2013206667104.113.72$23,926
Aug 2013199598104.253.52$22,852
Jul 2013174367102.523.72$19,203
Jun 201321926094.403.93$21,696
May 201314437694.834.15$15,216
Apr 201312160393.964.28$13,952
Mar 201319756493.623.91$20,650
Feb 20134653791.233.42$6,033
Jan 20133023791.603.42$3,559
Dec 20121386.773.42$97
Nov 20121986.953.62$120
Oct 201212089.383.40$157
Sep 201201394.672.92$38
Aug 20120692.662.91$17
Jul 201202385.133.02$69
Jun 20120079.822.52$0
May 20123991.612.49$297
Apr 201217194101.652.00$2,115
Mar 201240389105.052.22$5,066
Feb 201233598101.102.57$4,873
Jan 20121016898.092.73$1,440
Dec 2011368496.873.24$3,759
Nov 20116151495.723.31$7,541
Oct 20117055384.983.65$7,966
Sep 20113244483.623.99$4,446
Aug 2011157683.404.15$1,566
Jul 20111033794.144.52$9,864
Jun 2011986892.904.64$9,420
May 201110955898.134.40$13,154
Apr 201129663105.964.33$5,946
Mar 20111646596.364.06$3,428
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20106085.734.35$514
Nov 20101230680.843.80$2,131
Oct 20101445378.103.51$2,683
Sep 20101320472.633.98$1,756
Aug 20101452873.684.42$3,365
Jul 20101758672.554.74$4,009
Jun 20101724770.364.91$2,409
May 20102033871.124.24$2,854
Apr 20101529081.694.12$2,421
Mar 20102841378.394.39$4,007
Feb 20101529573.585.44$2,709
Jan 20101617374.365.96$2,222
Dec 20091527271.445.48$2,563
Nov 20091836974.593.75$2,727
Oct 2009845672.544.11$2,455
Sep 200941565.543.06$308
Aug 20096029067.423.22$4,979
Jul 200915246961.133.46$10,917
Jun 200913443166.163.90$10,544
May 200910030954.743.93$6,687
Apr 20094830146.773.59$3,325
Mar 20096534042.144.06$4,119
Feb 20096757232.814.63$4,848
Jan 20093543035.865.37$3,565
Dec 20080037.105.98$0
Nov 20083147255.496.86$4,958
Oct 2008835575.246.92$3,059
Sep 200814287101.767.88$3,685
Aug 200810682114.228.48$6,928
Jul 2008229131.0811.39$592
Jun 2008122131.3313.03$418
May 2008215123.1711.57$420
Apr 20087282110.3110.45$3,720
Mar 20086493101.909.66$5,376
Feb 200831692.538.77$418
Jan 2008811290.388.21$1,642
Dec 2007440188.337.30$3,281
Nov 2007437991.677.29$3,130
Oct 2007451182.856.92$3,869
Sep 2007129375.846.24$1,905
Aug 200701769.066.39$109
Jul 2007112970.906.39$895
Jun 2007132162.007.55$2,485
May 2007232058.747.85$2,628
Apr 2007129259.617.81$2,339
Mar 2007141956.927.30$3,116
Feb 2007129355.108.22$2,462
Jan 2007016650.306.73$1,117
Dec 2006131656.656.92$2,243
Nov 2006240254.207.62$3,171
Oct 20063033854.906.01$3,680
Sep 20063649560.085.04$4,656
Aug 20064040268.717.34$5,699
Jul 20065937469.376.34$6,465
Jun 2006842966.286.38$3,269
May 2006747166.016.42$3,488
Apr 20061133764.397.36$3,189
Mar 20061539856.707.08$3,670
Feb 20061057.597.75$58
Jan 20063442960.598.93$5,892
Dec 20053782154.9413.42$13,047
Nov 20053974654.6910.59$10,032
Oct 20052379058.3413.80$12,240
Sep 2005575161.4512.08$9,379
Aug 2005579061.519.80$8,047
Jul 20051058455.697.84$5,138
Jun 20051753652.337.38$4,846
May 20051356045.226.65$4,313
Apr 20051856549.207.36$5,044
Mar 20052855450.377.15$5,374
Feb 20051351545.226.31$3,839
Jan 20051455843.166.32$4,132
Dec 2004261039.866.75$4,198
Nov 2004347545.286.33$3,143
Oct 2004250149.706.52$3,363
Sep 2004255443.245.28$3,014
Aug 2004359642.375.55$3,435
Jul 2004256338.286.08$3,502
Jun 2004260136.106.43$3,938
May 2004471937.486.49$4,820
Apr 20042164534.475.86$4,503
Mar 20044966634.365.53$5,367
Feb 20044266032.455.51$4,999
Jan 20043568532.036.30$5,436
Dec 20032571730.266.30$5,275
Nov 20032469128.804.60$3,866
Oct 20034080728.174.76$4,968
Sep 20035678626.314.75$5,206
Aug 20036688129.765.13$6,483
Jul 20034698629.415.17$6,451
Jun 2003165028.565.98$3,917
May 2003147526.595.97$2,864
Apr 2003146726.675.41$2,552
Mar 2003258731.146.10$3,641
Feb 2003163433.487.93$5,058
Jan 2003067730.315.58$3,779
Dec 2002054726.914.85$2,655
Nov 2002067924.664.14$2,809
Oct 2002079426.464.23$3,358
Sep 2002078327.443.64$2,846
Aug 2002091225.963.16$2,886
Jul 2002268924.583.06$2,159
Jun 2002255223.733.34$1,890
May 2002357424.663.58$2,131
Apr 2002465223.653.51$2,385
Mar 20022576522.003.10$2,924
Feb 2002357918.222.38$1,430
Jan 2002367117.172.38$1,646
Dec 2001271316.932.36$1,720
Nov 20011465018.072.41$1,817
Oct 2001575419.782.53$2,006
Sep 20011870324.262.25$2,019
Aug 20013766924.873.05$2,963
Jul 20011483323.933.20$2,998
Jun 20012681424.563.82$3,751
May 20017981925.524.31$5,544
Apr 20011881824.685.34$4,809
Mar 20019084824.545.38$6,768
Feb 200112085127.755.77$8,238
Jan 20015989327.478.40$9,121
Dec 20001193626.889.12$8,834
Nov 20004798632.215.66$7,093
Oct 20006399531.235.15$7,087
Sep 2000891,08431.875.19$8,459
Aug 2000671,03329.644.54$6,676
Jul 2000111,19328.534.09$5,193
Jun 2000171,15729.304.40$5,586
May 2000631,36127.263.68$6,726
Apr 20001011,26024.513.12$6,402
Mar 20001811,42128.422.86$9,208
Feb 20002182,20327.622.73$12,028
Jan 20002782,55825.272.48$13,370
Dec 19991972,40324.282.42$10,607
Nov 19991842,57923.192.43$10,544
Oct 19992322,80720.982.80$12,737
Sep 19991562,64021.752.62$10,307
Aug 19991612,37119.262.88$9,919
Jul 19992663,02317.892.37$11,930
Jun 19991873,68815.942.36$11,692
May 19993362,88515.792.32$12,002
Apr 19992623,01415.102.21$10,611
Mar 19993163,58212.471.84$10,525
Feb 19992713,5239.981.82$9,109
Jan 19994614,63410.381.90$13,590
Dec 19982452,8899.201.77$7,377
Nov 19981913,61710.892.19$9,986
Oct 19982154,80612.421.97$12,134
Sep 19982964,77012.592.08$13,661
Aug 19982647,49511.301.91$17,279
Jul 19985568,95711.742.24$26,567
Jun 199865710,11011.242.24$30,003
May 19985116,55312.622.21$20,907
Apr 199884610,53713.042.51$37,431
Mar 19981,24812,08112.802.31$43,875
Feb 19981,6119,18413.952.30$43,589
Jan 19983693414.702.15$2,542
Dec 19973282,09016.322.41$10,392
Nov 19975193,21618.193.09$19,372
Oct 19973773,59319.253.15$18,575
Sep 19973034,32217.742.95$18,146
Aug 19972083,55317.862.55$12,792
Jul 19974344,13817.582.25$16,928
Jun 19974554,28917.242.26$17,525
May 19978076,20618.972.31$29,635
Apr 19977397,20317.882.08$28,216
Mar 19970018.951.94$0

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            22 bbl  × $106.41 =     $2,341
Gas                  120 Mcf  × $  3.05 =       $366

────────────────────────────────────────────────────
Month total                                   $2,707

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/162610 is the state's own key, not one this site invented.