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 162869District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 1997 – May 2026
Value, last 12 filed months
$14 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 Gas111997-07-01136759
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
CondensateDisposition2,225 bbl$77,242
GasProduction699,290 Mcf$2,651,412
Total$2,728,654

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 28.3443, -98.4652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34434, -98.46518 · 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
10,645 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 10,645 ft.

1 well

42-3113338213810,645 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 (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 20260131106.413.05$399
Apr 2026024298.932.87$694
Mar 2026028289.753.15$888
Feb 2026036463.503.75$1,365
Jan 2026031459.138.00$2,511
Dec 2025035356.664.41$1,558
Nov 2025037058.593.93$1,453
Oct 2025043659.383.30$1,441
Sep 2025025062.743.08$769
Aug 2025030363.933.01$913
Jul 2025020766.743.32$686
Jun 2025036066.483.13$1,126
May 2025013060.553.23$420
Apr 2025029362.363.54$1,038
Mar 2025037167.704.27$1,584
Feb 2025026570.884.34$1,150
Jan 2025038174.324.28$1,630
Dec 2024036868.993.12$1,149
Nov 2024016569.052.20$363
Oct 2024042771.372.28$974
Sep 2024012069.612.36$284
Aug 2024029675.632.06$611
Jul 2024022079.932.15$472
Jun 2024039878.082.63$1,048
May 2024022978.812.20$503
Apr 202408584.451.66$141
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401973.023.30$63
Dec 2023026371.262.61$687
Nov 202304677.892.81$129
Oct 2023022285.443.09$685
Sep 2023021689.042.74$591
Aug 2023039280.522.67$1,048
Jul 2023028274.852.64$745
Jun 2023023568.962.26$531
May 2023026870.622.23$597
Apr 2023040578.122.24$906
Mar 2023014272.852.39$340
Feb 2023028375.112.47$698
Jan 2023023776.533.39$803
Dec 2022026076.415.73$1,490
Nov 2022049885.005.65$2,812
Oct 2022032187.185.86$1,882
Sep 2022026584.888.16$2,163
Aug 2022023094.529.13$2,099
Jul 20220312101.587.54$2,353
Jun 20220274115.097.98$2,186
May 20220251109.378.43$2,117
Apr 20220278104.226.84$1,901
Mar 20220240108.885.08$1,218
Feb 2022027991.054.86$1,356
Jan 2022032781.844.54$1,484
Dec 2021030171.323.90$1,174
Nov 2021032577.435.24$1,702
Oct 2021039579.795.71$2,257
Sep 2021025969.865.35$1,386
Aug 2021016466.024.22$692
Jul 2021037870.783.98$1,505
Jun 2021015069.493.38$507
May 202105163.483.02$154
Apr 202108160.362.76$223
Mar 2021015461.302.72$418
Feb 202103557.805.55$194
Jan 202109950.412.81$278
Dec 20200044.642.68$0
Nov 2020010138.772.71$273
Oct 20200036.972.48$0
Sep 20200737.091.99$14
Aug 2020052039.982.39$1,240
Jul 2020032038.371.83$584
Jun 2020027234.901.69$460
May 2020068616.921.81$1,245
Apr 202003114.751.80$56
Mar 2020022830.341.86$423
Feb 2020080949.881.98$1,602
Jan 2020046257.252.09$968
Dec 2019081359.012.30$1,873
Nov 2019065255.302.75$1,793
Oct 2019053153.472.42$1,284
Sep 2019057155.052.66$1,517
Aug 2019049153.112.30$1,131
Jul 2019038856.272.46$955
Jun 2019032852.782.49$817
May 2019041158.482.74$1,126
Apr 2019040062.632.75$1,100
Mar 2019044256.803.06$1,353
Feb 2019028550.852.79$796
Jan 2019031746.033.23$1,023
Dec 2018034246.594.19$1,431
Nov 2018016552.934.24$699
Oct 2018014561.443.40$493
Sep 201805259.543.11$162
Aug 2018018959.403.07$580
Jul 2018031465.142.93$921
Jun 2018025460.183.08$782
May 2018026965.382.90$780
Apr 2018025963.842.90$751
Mar 2018054961.222.79$1,530
Feb 2018035461.782.77$979
Jan 2018146962.874.01$1,943
Dec 2017155857.272.92$1,687
Nov 2017048855.423.12$1,522
Oct 2017129649.292.98$932
Sep 2017166547.523.09$2,101
Aug 2017031645.373.00$949
Jul 2017154243.873.09$1,717
Jun 2017040542.493.09$1,250
May 2017034045.373.26$1,110
Apr 2017136847.933.21$1,230
Mar 2017042146.772.98$1,256
Feb 2017142850.452.95$1,314
Jan 2017033449.413.42$1,142
Dec 2016145348.763.72$1,735
Nov 2016038642.492.64$1,021
Oct 2016125546.193.09$834
Sep 2016140241.553.10$1,288
Aug 2016149041.442.92$1,474
Jul 2016163841.622.92$1,907
Jun 2016157845.352.69$1,598
May 2016137742.521.99$793
Apr 2016167736.561.99$1,384
Mar 2016163333.011.79$1,169
Feb 2016154626.472.06$1,153
Jan 2016044427.352.36$1,050
Dec 2015149732.362.00$1,027
Nov 2015020538.792.17$444
Oct 2015147643.552.43$1,199
Sep 2015145342.992.76$1,293
Aug 2015640740.162.87$1,410
Jul 20152945648.152.95$2,739
Jun 20151539356.152.88$1,975
May 2015149455.212.96$1,515
Apr 2015148849.822.71$1,371
Mar 2015147042.892.93$1,422
Feb 2015149244.662.98$1,509
Jan 2015154443.433.10$1,730
Dec 2014187554.693.59$3,197
Nov 2014262370.464.25$2,790
Oct 2014184178.303.90$3,359
Sep 2014192286.164.05$3,816
Aug 2014131389.394.04$1,352
Jul 2014176596.564.18$3,294
Jun 2014152598.164.74$2,585
May 2014170594.734.73$3,427
Apr 2014148895.944.81$2,443
Mar 2014171995.895.06$3,732
Feb 2014196897.406.19$6,091
Jan 2014154290.404.86$2,725
Dec 2013195791.824.35$4,259
Nov 2013041588.853.74$1,551
Oct 2013150197.423.78$1,991
Sep 20131479104.113.72$1,885
Aug 20132734104.253.52$2,794
Jul 20139934102.523.72$4,395
Jun 20131393094.403.93$4,885
May 20131391194.834.15$5,013
Apr 20131796493.964.28$5,726
Mar 20132299393.623.91$5,945
Feb 2013494591.233.42$3,597
Jan 2013184491.603.42$2,978
Dec 2012193986.773.42$3,298
Nov 201221,00086.953.62$3,799
Oct 201211,04089.383.40$3,625
Sep 201211,02794.672.92$3,092
Aug 201221,07292.662.91$3,303
Jul 201211,06885.133.02$3,311
Jun 2012196079.822.52$2,498
May 201211,01091.612.49$2,605
Apr 201221,040101.652.00$2,280
Mar 201221,052105.052.22$2,548
Feb 20122943101.102.57$2,626
Jan 2012198598.092.73$2,791
Dec 2011198896.873.24$3,298
Nov 201121,03295.723.31$3,609
Oct 201121,05084.983.65$4,001
Sep 201111,06483.623.99$4,325
Aug 201121,12083.404.15$4,814
Jul 201121,03394.144.52$4,855
Jun 2011277892.904.64$3,796
May 2011387498.134.40$4,144
Apr 20113842105.964.33$3,967
Mar 20111087296.364.06$4,502
Feb 20111380085.644.18$4,457
Jan 20112290886.504.59$6,070
Dec 20102591685.734.35$6,126
Nov 20102299180.843.80$5,540
Oct 2010211,05978.103.51$5,356
Sep 20102294572.633.98$5,358
Aug 2010131,03473.684.42$5,527
Jul 2010199872.554.74$4,800
Jun 2010190370.364.91$4,504
May 2010191971.124.24$3,963
Apr 2010186081.694.12$3,627
Mar 2010189978.394.39$4,024
Feb 2010189673.585.44$4,950
Jan 2010195874.365.96$5,788
Dec 2009274071.445.48$4,201
Nov 200921,03774.593.75$4,039
Oct 200921,03472.544.11$4,395
Sep 2009296765.543.06$3,095
Aug 200911,04667.423.22$3,434
Jul 200911,03261.133.46$3,636
Jun 200911,07966.163.90$4,269
May 200911,03954.743.93$4,134
Apr 2009184546.773.59$3,078
Mar 2009181742.144.06$3,358
Feb 2009168632.814.63$3,211
Jan 2009165935.865.37$3,575
Dec 2008177937.105.98$4,693
Nov 2008153655.496.86$3,733
Oct 2008155775.246.92$3,931
Sep 20081806101.767.88$6,451
Aug 200811,463114.228.48$12,525
Jul 20081649131.0811.39$7,523
Jun 200831,172131.3313.03$15,668
May 20080245123.1711.57$2,836
Apr 20081509110.3110.45$5,432
Mar 20082610101.909.66$6,099
Feb 2008263692.538.77$5,763
Jan 2008178090.388.21$6,491
Dec 2007184188.337.30$6,229
Nov 2007187091.677.29$6,435
Oct 2007272482.856.92$5,177
Sep 200722,08975.846.24$13,196
Aug 200721,09469.066.39$7,127
Jul 200721,06670.906.39$6,951
Jun 200721,33662.007.55$10,209
May 200721,42958.747.85$11,330
Apr 200721,83459.617.81$14,434
Mar 200722,31656.927.30$17,025
Feb 200721,28855.108.22$10,692
Jan 200731,48250.306.73$10,120
Dec 200631,22756.656.92$8,659
Nov 2006296654.207.62$7,467
Oct 2006297454.906.01$5,967
Sep 2006297460.085.04$5,026
Aug 200641,87368.717.34$14,023
Jul 200632,13669.376.34$13,756
Jun 200631,24966.286.38$8,172
May 200641,46666.016.42$9,683
Apr 200661,49864.397.36$11,412
Mar 200661,50556.707.08$11,000
Feb 200671,83157.597.75$14,595
Jan 200632,77160.598.93$24,936
Dec 200531,68954.9413.42$22,823
Nov 200551,24054.6910.59$13,403
Oct 2005121,35758.3413.80$19,421
Sep 2005162,00161.4512.08$25,153
Aug 2005112,61961.519.80$26,335
Jul 200571,17855.697.84$9,630
Jun 200581,24152.337.38$9,579
May 200561,27145.226.65$8,725
Apr 200531,27549.207.36$9,532
Mar 200541,25250.377.15$9,159
Feb 200532,62845.226.31$16,723
Jan 200531,19843.166.32$7,703
Dec 200441,29239.866.75$8,882
Nov 200441,76845.286.33$11,373
Oct 200442,10849.706.52$13,933
Sep 200441,70643.245.28$9,187
Aug 200441,86642.375.55$10,527
Jul 200441,87338.286.08$11,549
Jun 200421,80836.106.43$11,703
May 200431,91037.486.49$12,517
Apr 200452,05734.475.86$12,223
Mar 200472,16534.365.53$12,213
Feb 2004102,77332.455.51$15,603
Jan 2004202,63832.036.30$17,259
Dec 2003172,86130.266.30$18,543
Nov 2003113,03628.804.60$14,268
Oct 200372,93728.174.76$14,176
Sep 2003102,81526.314.75$13,633
Aug 2003303,13129.765.13$16,954
Jul 2003513,27829.415.17$18,450
Jun 2003553,25928.565.98$21,069
May 2003423,47626.595.97$21,878
Apr 200373,39426.675.41$18,539
Mar 200333,43931.146.10$21,058
Feb 200333,21733.487.93$25,598
Jan 200343,65930.315.58$20,546
Dec 200273,75126.914.85$18,395
Nov 2002123,62324.664.14$15,284
Oct 200233,58526.464.23$15,241
Sep 200243,30227.443.64$12,113
Aug 200243,84325.963.16$12,264
Jul 200234,00424.583.06$12,333
Jun 200233,61423.733.34$12,136
May 200234,08124.663.58$14,700
Apr 200253,83423.653.51$13,584
Mar 2002154,37322.003.10$13,898
Feb 200263,95618.222.38$9,508
Jan 200294,13117.172.38$9,968
Dec 200144,08016.932.36$9,714
Nov 200163,98118.072.41$9,685
Oct 2001164,37519.782.53$11,380
Sep 2001134,35724.262.25$10,124
Aug 2001114,69924.873.05$14,620
Jul 2001104,80323.933.20$15,595
Jun 200194,64524.563.82$17,984
May 2001134,85325.524.31$21,235
Apr 2001114,67424.685.34$25,209
Mar 2001145,01524.545.38$27,306
Feb 2001174,57727.755.77$26,868
Jan 2001255,29827.478.40$45,183
Dec 2000225,40126.889.12$49,862
Nov 2000205,58132.215.66$32,222
Oct 2000265,97131.235.15$31,536
Sep 2000205,40631.875.19$28,676
Aug 2000205,30429.644.54$24,677
Jul 2000275,70228.534.09$24,090
Jun 2000325,89529.304.40$26,859
May 2000335,65027.263.68$21,690
Apr 2000255,80724.513.12$18,707
Mar 200036,34128.422.86$18,219
Feb 2000476,42527.622.73$18,816
Jan 2000517,14425.272.48$19,009
Dec 1999368,02224.282.42$20,317
Nov 1999388,67323.192.43$21,991
Oct 1999268,74720.982.80$25,070
Sep 1999288,79321.752.62$23,637
Aug 1999135,12019.262.88$14,973
Jul 1999265,86117.892.37$14,370
Jun 1999225,71515.942.36$13,850
May 1999436,07515.792.32$14,779
Apr 1999224,97515.102.21$11,317
Mar 1999205,47612.471.84$10,316
Feb 1999195,3279.981.82$9,873
Jan 1999225,84810.381.90$11,339
Dec 1998245,3729.201.77$9,747
Nov 1998175,60410.892.19$12,434
Oct 1998116,10712.421.97$12,163
Sep 1998185,99512.592.08$12,712
Aug 1998227,11511.301.91$13,819
Jul 1998268,30011.742.24$18,875
Jun 1998175,19311.242.24$11,809
May 1998257,73412.622.21$17,379
Apr 1998198,16813.042.51$20,711
Mar 1998198,74012.802.31$20,428
Feb 1998188,44913.952.30$19,676
Jan 1998228,30014.702.15$18,208
Dec 19972410,24816.322.41$25,101
Nov 1997229,31918.193.09$29,180
Oct 19973313,22719.253.15$42,298
Sep 19973312,43317.742.95$37,323
Aug 19973114,41617.862.55$37,383
Jul 19973616,20117.582.25$37,036
Jun 19974819,05617.242.26$43,841
May 19972528,14618.972.31$65,449
Apr 1997186,57117.882.08$14,008

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             0 bbl  × $106.41 =         $0
Gas                  131 Mcf  × $  3.05 =       $399

────────────────────────────────────────────────────
Month total                                     $399

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/162869 is the state's own key, not one this site invented.