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 162872District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Apr 1997 – May 2026
Value, last 12 filed months
$5 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 Gas111997-08-05136753
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
CondensateDisposition9,815 bbl$278,226
GasProduction384,130 Mcf$1,457,222
Total$1,735,448

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 28.3813, -98.4462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38132, -98.44618 · 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
10,650 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 10,650 ft.

1 well

42-3113337513110,650 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 2026023106.413.05$70
Apr 2026124398.932.87$796
Mar 2026011889.753.15$372
Feb 202608363.503.75$311
Jan 2026019759.138.00$1,576
Dec 2025023356.664.41$1,028
Nov 202509758.593.93$381
Oct 2025016259.383.30$535
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025111066.483.13$411
May 202516260.553.23$261
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202518770.884.34$449
Jan 2025212874.324.28$696
Dec 2024435068.993.12$1,368
Nov 2024328069.052.20$823
Oct 2024331571.372.28$933
Sep 2024224669.612.36$721
Aug 2024339575.632.06$1,042
Jul 2024540779.932.15$1,273
Jun 2024450978.082.63$1,653
May 2024386278.812.20$2,131
Apr 2024239884.451.66$829
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240873.023.30$26
Dec 2023844371.262.61$1,727
Nov 2023122577.892.81$710
Oct 20230085.443.09$0
Sep 202313089.042.74$171
Aug 2023599380.522.67$3,057
Jul 2023549374.852.64$1,677
Jun 2023339868.962.26$1,106
May 2023847170.622.23$1,614
Apr 2023338278.122.24$1,089
Mar 2023425272.852.39$894
Feb 2023511075.112.47$647
Jan 2023632776.533.39$1,567
Dec 2022631876.415.73$2,280
Nov 2022633185.005.65$2,379
Oct 2022531787.185.86$2,295
Sep 2022730884.888.16$3,109
Aug 2022723794.529.13$2,825
Jul 20225416101.587.54$3,645
Jun 20226560115.097.98$5,158
May 20224126109.378.43$1,500
Apr 20228199104.226.84$2,194
Mar 20225146108.885.08$1,286
Feb 2022620691.054.86$1,547
Jan 20221228681.844.54$2,280
Dec 2021719671.323.90$1,263
Nov 2021614877.435.24$1,240
Oct 20211318579.795.71$2,094
Sep 2021918069.865.35$1,592
Aug 2021513666.024.22$904
Jul 2021528770.783.98$1,497
Jun 2021427569.493.38$1,208
May 20211063.483.02$63
Apr 202167760.362.76$575
Mar 20211327361.302.72$1,539
Feb 2021615457.805.55$1,201
Jan 20211123050.412.81$1,201
Dec 20201044.642.68$45
Nov 2020711138.772.71$572
Oct 20201012036.972.48$667
Sep 2020713037.091.99$518
Aug 202037539.982.39$299
Jul 202048438.371.83$307
Jun 20205034.901.69$175
May 202001416.921.81$25
Apr 202033314.751.80$104
Mar 202041930.341.86$157
Feb 2020613249.881.98$561
Jan 202095457.252.09$628
Dec 2019510459.012.30$535
Nov 2019720455.302.75$948
Oct 2019715553.472.42$749
Sep 2019419955.052.66$749
Aug 2019519653.112.30$717
Jul 2019421156.272.46$744
Jun 2019313252.782.49$487
May 2019717258.482.74$881
Apr 2019722762.632.75$1,063
Mar 2019816956.803.06$972
Feb 2019614850.852.79$718
Jan 2019719646.033.23$955
Dec 2018616246.594.19$958
Nov 2018617152.934.24$1,042
Oct 2018116261.443.40$612
Sep 2018115459.543.11$538
Aug 2018116059.403.07$550
Jul 2018120465.142.93$663
Jun 2018118360.183.08$623
May 2018119565.382.90$631
Apr 2018218663.842.90$667
Mar 2018018961.222.79$527
Feb 2018020361.782.77$562
Jan 2018118662.874.01$809
Dec 2017119957.272.92$639
Nov 2017015755.423.12$490
Oct 2017124949.292.98$792
Sep 2017018847.523.09$580
Aug 2017024745.373.00$742
Jul 2017118043.873.09$600
Jun 2017116842.493.09$561
May 2017119145.373.26$669
Apr 2017116647.933.21$581
Mar 2017124846.772.98$787
Feb 2017127750.452.95$868
Jan 2017129349.413.42$1,051
Dec 2016129048.763.72$1,128
Nov 2016130242.492.64$841
Oct 2016240546.193.09$1,344
Sep 2016245941.553.10$1,506
Aug 2016146041.442.92$1,387
Jul 2016141241.622.92$1,246
Jun 2016240645.352.69$1,181
May 2016241842.521.99$917
Apr 2016228036.561.99$631
Mar 2016247833.011.79$924
Feb 2016134026.472.06$728
Jan 2016148127.352.36$1,165
Dec 2015145732.362.00$947
Nov 2015245138.792.17$1,055
Oct 2015151843.552.43$1,301
Sep 2015143242.992.76$1,235
Aug 2015128340.162.87$853
Jul 2015150948.152.95$1,547
Jun 2015145256.152.88$1,359
May 2015157855.212.96$1,763
Apr 2015128549.822.71$821
Mar 2015142542.892.93$1,290
Feb 2015133344.662.98$1,036
Jan 2015232043.433.10$1,079
Dec 2014142754.693.59$1,588
Nov 2014238270.464.25$1,765
Oct 201408478.303.90$328
Sep 2014017786.164.05$716
Aug 2014237189.394.04$1,676
Jul 2014136896.564.18$1,635
Jun 2014124498.164.74$1,254
May 2014236594.734.73$1,915
Apr 2014120995.944.81$1,101
Mar 2014234795.895.06$1,946
Feb 2014147797.406.19$3,051
Jan 2014122490.404.86$1,179
Dec 2013122991.824.35$1,089
Nov 2013123588.853.74$967
Oct 2013123397.423.78$978
Sep 20131240104.113.72$996
Aug 20132243104.253.52$1,064
Jul 20132225102.523.72$1,042
Jun 2013224594.403.93$1,152
May 2013221294.834.15$1,069
Apr 2013222293.964.28$1,139
Mar 2013324393.623.91$1,232
Feb 2013422491.233.42$1,131
Jan 2013525491.603.42$1,327
Dec 2012524786.773.42$1,279
Nov 2012625086.953.62$1,428
Oct 2012526089.383.40$1,331
Sep 2012724894.672.92$1,386
Aug 20121019092.662.91$1,479
Jul 20121429285.133.02$2,074
Jun 20121833379.822.52$2,276
May 20122536891.612.49$3,206
Apr 201226309101.652.00$3,260
Mar 201226403105.052.22$3,627
Feb 201230353101.102.57$3,940
Jan 20122037098.092.73$2,973
Dec 20111239496.873.24$2,439
Nov 20111338395.723.31$2,513
Oct 20111141784.983.65$2,456
Sep 2011947583.623.99$2,646
Aug 2011950383.404.15$2,838
Jul 20111448494.144.52$3,504
Jun 20111349992.904.64$3,523
May 20111736098.134.40$3,254
Apr 201116305105.964.33$3,017
Mar 20111629796.364.06$2,747
Feb 20111433485.644.18$2,595
Jan 20111433386.504.59$2,739
Dec 2010834585.734.35$2,186
Nov 2010737380.843.80$1,982
Oct 2010838778.103.51$1,983
Sep 2010939972.633.98$2,241
Aug 2010944473.684.42$2,625
Jul 2010942972.554.74$2,685
Jun 2010942770.364.91$2,730
May 20101243371.124.24$2,687
Apr 20101135981.694.12$2,379
Mar 20101340078.394.39$2,775
Feb 20101143873.585.44$3,193
Jan 20101845274.365.96$4,034
Dec 20093729371.445.48$4,250
Nov 20093625874.593.75$3,653
Oct 20094226872.544.11$4,148
Sep 20093042165.543.06$3,256
Aug 2009748767.423.22$2,039
Jul 2009249761.133.46$1,844
Jun 2009349866.163.90$2,138
May 2009254754.743.93$2,257
Apr 2009351846.773.59$1,999
Mar 2009263642.144.06$2,666
Feb 2009243632.814.63$2,086
Jan 2009245235.865.37$2,499
Dec 2008147537.105.98$2,876
Nov 2008243155.496.86$3,068
Oct 2008250775.246.92$3,660
Sep 20081734101.767.88$5,884
Aug 20082692114.228.48$6,099
Jul 20084654131.0811.39$7,973
Jun 20087627131.3313.03$9,091
May 20086553123.1711.57$7,140
Apr 20088545110.3110.45$6,580
Mar 20088559101.909.66$6,217
Feb 2008952292.538.77$5,411
Jan 2008572190.388.21$6,368
Dec 2007296888.337.30$7,245
Nov 200781,00391.677.29$8,047
Oct 20073792782.856.92$9,482
Sep 20073985275.846.24$8,278
Aug 2007341,10769.066.39$9,419
Jul 20071096270.906.39$6,854
Jun 2007292062.007.55$7,069
May 2007396558.747.85$7,748
Apr 2007292159.617.81$7,308
Mar 200731,00656.927.30$7,517
Feb 2007389655.108.22$7,527
Jan 2007497950.306.73$6,787
Dec 200661,01056.656.92$7,328
Nov 200671,22154.207.62$9,680
Oct 2006599254.906.01$6,240
Sep 2006395760.085.04$5,001
Aug 2006499168.717.34$7,549
Jul 200641,03369.376.34$6,830
Jun 200641,00266.286.38$6,662
May 200641,05766.016.42$7,055
Apr 2006101,13264.397.36$8,976
Mar 2006131,16056.707.08$8,953
Feb 2006131,27657.597.75$10,639
Jan 2006171,47560.598.93$14,207
Dec 20051898054.9413.42$14,136
Nov 20051888354.6910.59$10,334
Oct 20052996258.3413.80$14,963
Sep 2005371,27661.4512.08$17,686
Aug 2005331,38861.519.80$15,628
Jul 200561,24555.697.84$10,099
Jun 200551,47352.337.38$11,134
May 2005231,51045.226.65$11,083
Apr 20051001,42549.207.36$15,409
Mar 20051131,55550.377.15$16,818
Feb 2005801,26645.226.31$11,608
Jan 2005321,42243.166.32$10,371
Dec 2004131,48439.866.75$10,537
Nov 2004131,45645.286.33$9,806
Oct 2004141,50149.706.52$10,475
Sep 2004111,35643.245.28$7,641
Aug 2004291,42842.375.55$9,155
Jul 2004361,37738.286.08$9,756
Jun 200451,19936.106.43$7,894
May 200481,20837.486.49$8,145
Apr 2004221,12334.475.86$7,337
Mar 2004371,16834.365.53$7,731
Feb 2004351,05332.455.51$6,937
Jan 2004821,29032.036.30$10,753
Dec 2003731,48930.266.30$11,592
Nov 2003491,43028.804.60$7,982
Oct 2003351,50328.174.76$8,140
Sep 2003251,37826.314.75$7,202
Aug 2003201,49729.765.13$8,274
Jul 200331,33929.415.17$7,012
Jun 200331,44828.565.98$8,749
May 2003161,70126.595.97$10,585
Apr 2003721,49926.675.41$10,026
Mar 2003821,43731.146.10$11,313
Feb 2003601,34733.487.93$12,685
Jan 2003261,32630.315.58$8,190
Dec 2002231,27026.914.85$6,783
Nov 2002351,35224.664.14$6,456
Oct 2002361,46526.464.23$7,148
Sep 2002531,35627.443.64$6,384
Aug 2002601,32425.963.16$5,747
Jul 2002251,41024.583.06$4,932
Jun 2002241,36423.733.34$5,123
May 2002331,47724.663.58$6,107
Apr 200231,47223.653.51$5,241
Mar 200241,52722.003.10$4,826
Feb 2002591,33918.222.38$4,256
Jan 2002581,49017.172.38$4,536
Dec 2001601,50216.932.36$4,567
Nov 2001501,59618.072.41$4,743
Oct 2001561,55719.782.53$5,045
Sep 2001411,51824.262.25$4,412
Aug 2001211,52424.873.05$5,175
Jul 2001281,57623.933.20$5,709
Jun 2001261,67824.563.82$7,056
May 2001331,82125.524.31$8,686
Apr 2001221,90724.685.34$10,717
Mar 2001512,14024.545.38$12,757
Feb 2001371,98627.755.77$12,480
Jan 2001342,13627.478.40$18,874
Dec 2000332,22126.889.12$21,148
Nov 2000302,36832.215.66$14,364
Oct 2000302,40731.235.15$13,322
Sep 2000172,40131.875.19$12,995
Aug 2000212,40829.644.54$11,557
Jul 2000362,38328.534.09$10,773
Jun 2000632,36329.304.40$12,237
May 20001102,59327.263.68$12,540
Apr 2000822,57624.513.12$10,037
Mar 2000852,88428.422.86$10,663
Feb 2000642,86627.622.73$9,582
Jan 2000893,12525.272.48$10,001
Dec 19991103,16224.282.42$10,335
Nov 1999983,07023.192.43$9,745
Oct 1999563,17620.982.80$10,079
Sep 1999582,96121.752.62$9,016
Aug 1999793,57319.262.88$11,796
Jul 1999663,85617.892.37$10,329
Jun 1999343,98215.942.36$9,948
May 1999504,62615.792.32$11,527
Apr 1999714,97515.102.21$12,057
Mar 1999695,58312.471.84$11,124
Feb 1999495,5479.981.82$10,572
Jan 19991287,03410.381.90$14,693
Dec 19981778,1439.201.77$16,069
Nov 19982975,94110.892.19$16,220
Oct 19982276,18212.421.97$14,993
Sep 19982166,89512.592.08$17,079
Aug 19982717,22211.301.91$16,837
Jul 19983247,52611.742.24$20,641
Jun 19984109,18711.242.24$25,162
May 199851011,39712.622.21$31,582
Apr 19985949,52313.042.51$31,604
Mar 1998812,19912.802.31$6,115
Feb 1998263,20513.952.30$7,731
Jan 1998302,54814.702.15$5,931
Dec 1997353,37216.322.41$8,701
Nov 19971013,62818.193.09$13,041
Oct 19971054,12819.253.15$15,024
Sep 19971094,33717.742.95$14,749
Aug 19971414,90517.862.55$15,049
Jul 19971595,36617.582.25$14,852
Jun 19972706,44817.242.26$19,209
May 199738210,26618.972.31$30,946
Apr 19972754,04217.882.08$13,336

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                   23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/162872 is the state's own key, not one this site invented.