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 163381District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
May 1997 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
349
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 Gas111997-09-22136967
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
CondensateDisposition1,821 bbl$66,866
GasProduction283,217 Mcf$1,083,417
Total$1,150,283

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 28.3682, -98.4600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36820, -98.45995 · 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
10,430 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 10,430 ft.

1 well

42-3113339813410,430 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 (349)

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

349 months

May 20262119106.413.05$575
Apr 2026115698.932.87$547
Mar 2026113589.753.15$515
Feb 2026135363.503.75$1,387
Jan 2026122259.138.00$1,835
Dec 2025133556.664.41$1,535
Nov 2025224758.593.93$1,087
Oct 2025332059.383.30$1,236
Sep 2025323562.743.08$911
Aug 2025112263.933.01$432
Jul 20251066.743.32$67
Jun 2025211166.483.13$480
May 2025411760.553.23$620
Apr 2025625962.363.54$1,292
Mar 2025715767.704.27$1,144
Feb 2025617570.884.34$1,185
Jan 2025419974.324.28$1,149
Dec 2024626968.993.12$1,254
Nov 2024520769.052.20$800
Oct 2024522671.372.28$872
Sep 2024634969.612.36$1,243
Aug 2024644075.632.06$1,362
Jul 2024837979.932.15$1,453
Jun 2024441078.082.63$1,392
May 20242078.812.20$158
Apr 2024229684.451.66$660
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240673.023.30$20
Dec 20231244671.262.61$2,020
Nov 20231077.892.81$78
Oct 20230085.443.09$0
Sep 202314589.042.74$212
Aug 2023873080.522.67$2,595
Jul 2023723274.852.64$1,137
Jun 2023521468.962.26$828
May 20231122870.622.23$1,285
Apr 2023020478.122.24$457
Mar 2023025672.852.39$613
Feb 2023026175.112.47$644
Jan 2023022376.533.39$755
Dec 2022129776.415.73$1,778
Nov 2022124885.005.65$1,485
Oct 2022518487.185.86$1,515
Sep 2022616584.888.16$1,856
Aug 2022616294.529.13$2,046
Jul 20224174101.587.54$1,719
Jun 20225171115.097.98$1,940
May 20223178109.378.43$1,829
Apr 20220146104.226.84$998
Mar 20220164108.885.08$833
Feb 2022015091.054.86$729
Jan 2022020581.844.54$930
Dec 2021018271.323.90$710
Nov 2021012577.435.24$655
Oct 2021019879.795.71$1,131
Sep 2021030969.865.35$1,653
Aug 2021011566.024.22$485
Jul 20210070.783.98$0
Jun 2021014869.493.38$500
May 202106263.483.02$187
Apr 202109760.362.76$268
Mar 2021013461.302.72$364
Feb 2021011957.805.55$660
Jan 2021126850.412.81$804
Dec 2020110844.642.68$334
Nov 2020611338.772.71$538
Oct 202052436.972.48$244
Sep 2020815337.091.99$601
Aug 202038539.982.39$323
Jul 202023738.371.83$144
Jun 20201034.901.69$35
May 202001716.921.81$31
Apr 202001814.751.80$32
Mar 202011630.341.86$60
Feb 202015449.881.98$157
Jan 202023557.252.09$188
Dec 201915459.012.30$183
Nov 2019111955.302.75$383
Oct 2019111353.472.42$327
Sep 201907555.052.66$199
Aug 2019110753.112.30$300
Jul 2019113556.272.46$388
Jun 2019214352.782.49$462
May 2019416858.482.74$694
Apr 201918062.632.75$283
Mar 201926456.803.06$310
Feb 2019211750.852.79$428
Jan 2019416446.033.23$714
Dec 2018110846.594.19$499
Nov 2018213752.934.24$686
Oct 2018014461.443.40$489
Sep 2018014559.543.11$451
Aug 2018013559.403.07$414
Jul 201809865.142.93$287
Jun 2018010960.183.08$335
May 2018016165.382.90$467
Apr 2018019563.842.90$566
Mar 201803461.222.79$95
Feb 2018013861.782.77$382
Jan 2018014362.874.01$573
Dec 2017015457.272.92$450
Nov 2017020155.423.12$627
Oct 2017018649.292.98$555
Sep 2017016747.523.09$516
Aug 2017013245.373.00$397
Jul 2017019243.873.09$593
Jun 2017021342.493.09$658
May 2017017645.373.26$574
Apr 2017024547.933.21$787
Mar 201708646.772.98$257
Feb 201705150.452.95$151
Jan 2017024749.413.42$844
Dec 2016028548.763.72$1,061
Nov 2016021142.492.64$558
Oct 2016030846.193.09$952
Sep 2016026441.553.10$819
Aug 2016028641.442.92$836
Jul 2016028141.622.92$822
Jun 2016033845.352.69$908
May 2016028142.521.99$559
Apr 2016032136.561.99$639
Mar 2016039833.011.79$714
Feb 2016030426.472.06$627
Jan 2016025527.352.36$603
Dec 2015035732.362.00$715
Nov 2015031538.792.17$683
Oct 2015026943.552.43$653
Sep 2015023142.992.76$637
Aug 2015019740.162.87$566
Jul 2015026248.152.95$772
Jun 2015038656.152.88$1,113
May 201505255.212.96$154
Apr 2015021249.822.71$574
Mar 2015027542.892.93$807
Feb 2015019444.662.98$577
Jan 2015034243.433.10$1,060
Dec 201405454.693.59$194
Nov 2014128270.464.25$1,269
Oct 2014012378.303.90$480
Sep 2014018486.164.05$744
Aug 2014018389.394.04$738
Jul 2014122296.564.18$1,024
Jun 2014018798.164.74$886
May 2014020394.734.73$959
Apr 2014013195.944.81$630
Mar 2014118495.895.06$1,026
Feb 2014232597.406.19$2,207
Jan 2014235490.404.86$1,901
Dec 2013233091.824.35$1,621
Nov 2013232088.853.74$1,374
Oct 2013332697.423.78$1,524
Sep 20132298104.113.72$1,316
Aug 20133319104.253.52$1,436
Jul 20133298102.523.72$1,415
Jun 2013325694.403.93$1,290
May 2013328494.834.15$1,463
Apr 2013427793.964.28$1,562
Mar 2013632393.623.91$1,826
Feb 2013428891.233.42$1,350
Jan 2013532591.603.42$1,569
Dec 2012531086.773.42$1,494
Nov 2012530986.953.62$1,555
Oct 2012429989.383.40$1,374
Sep 2012430694.672.92$1,272
Aug 2012619492.662.91$1,120
Jul 2012429885.133.02$1,241
Jun 2012430879.822.52$1,095
May 2012537691.612.49$1,394
Apr 20125310101.652.00$1,127
Mar 20124406105.052.22$1,322
Feb 20125339101.102.57$1,377
Jan 2012536898.092.73$1,497
Dec 2011535396.873.24$1,628
Nov 2011536195.723.31$1,674
Oct 2011536484.983.65$1,753
Sep 2011341283.623.99$1,893
Aug 2011339183.404.15$1,873
Jul 2011334694.144.52$1,845
Jun 2011228792.904.64$1,517
May 2011228098.134.40$1,430
Apr 20112198105.964.33$1,070
Mar 2011222896.364.06$1,118
Feb 2011224285.644.18$1,183
Jan 2011225086.504.59$1,320
Dec 2010226085.734.35$1,302
Nov 2010229180.843.80$1,266
Oct 2010229078.103.51$1,174
Sep 2010330972.633.98$1,448
Aug 2010218973.684.42$983
Jul 2010227872.554.74$1,462
Jun 2010127270.364.91$1,406
May 2010227971.124.24$1,324
Apr 2010225481.694.12$1,211
Mar 2010225678.394.39$1,280
Feb 2010229873.585.44$1,769
Jan 2010231174.365.96$2,004
Dec 2009321971.445.48$1,415
Nov 2009322174.593.75$1,053
Oct 2009110572.544.11$504
Sep 2009214665.543.06$579
Aug 2009227667.423.22$1,023
Jul 2009135561.133.46$1,291
Jun 2009239766.163.90$1,679
May 2009242954.743.93$1,794
Apr 2009241746.773.59$1,590
Mar 2009150742.144.06$2,100
Feb 2009134032.814.63$1,608
Jan 2009126235.865.37$1,443
Dec 2008118737.105.98$1,155
Nov 2008117655.496.86$1,263
Oct 2008123175.246.92$1,674
Sep 20081225101.767.88$1,874
Aug 20081439114.228.48$3,838
Jul 20081475131.0811.39$5,541
Jun 20081450131.3313.03$5,996
May 20081390123.1711.57$4,637
Apr 20081277110.3110.45$3,006
Mar 20081217101.909.66$2,199
Feb 2008119292.538.77$1,776
Jan 2008123490.388.21$2,011
Dec 2007133888.337.30$2,556
Nov 2007239491.677.29$3,056
Oct 2007247782.856.92$3,467
Sep 2007154575.846.24$3,479
Aug 2007169269.066.39$4,490
Jul 2007246770.906.39$3,125
Jun 2007147662.007.55$3,655
May 2007239858.747.85$3,240
Apr 2007239359.617.81$3,187
Mar 2007245856.927.30$3,458
Feb 2007256455.108.22$4,744
Jan 2007356950.306.73$3,978
Dec 2006367156.656.92$4,812
Nov 2006279754.207.62$6,180
Oct 2006263354.906.01$3,917
Sep 2006244760.085.04$2,372
Aug 2006339568.717.34$3,105
Jul 2006354069.376.34$3,633
Jun 2006258166.286.38$3,842
May 2006343666.016.42$2,999
Apr 2006262564.397.36$4,729
Mar 2006262056.707.08$4,505
Feb 2006254957.597.75$4,371
Jan 2006264960.598.93$5,919
Dec 2005261654.9413.42$8,374
Nov 2005262154.6910.59$6,685
Oct 2005265558.3413.80$9,153
Sep 2005265261.4512.08$7,998
Aug 20051061061.519.80$6,591
Jul 20052036855.697.84$4,000
Jun 20052341052.337.38$4,230
May 2005646645.226.65$3,371
Apr 2005344249.207.36$3,401
Mar 2005453750.377.15$4,044
Feb 2005350045.226.31$3,292
Jan 2005352043.166.32$3,417
Dec 2004349239.866.75$3,441
Nov 2004350245.286.33$3,314
Oct 2004359549.706.52$4,026
Sep 200441,28443.245.28$6,957
Aug 200441,82642.375.55$10,305
Jul 200441,99938.286.08$12,315
Jun 200432,68136.106.43$17,355
May 200431,91637.486.49$12,556
Apr 200491,28234.475.86$7,821
Mar 2004111,24934.365.53$7,285
Feb 2004668332.455.51$3,958
Jan 200451,34832.036.30$8,652
Dec 200341,44230.266.30$9,208
Nov 200331,26628.804.60$5,904
Oct 2003246428.174.76$2,265
Sep 2003271926.314.75$3,467
Aug 2003285629.765.13$4,451
Jul 200331,01429.415.17$5,331
Jun 200331,09928.565.98$6,661
May 200351,09726.595.97$6,685
Apr 200381,14326.675.41$6,394
Mar 200391,23231.146.10$7,791
Feb 200391,11833.487.93$9,162
Jan 2003131,08830.315.58$6,467
Dec 2002121,09626.914.85$5,643
Nov 200281,12224.664.14$4,839
Oct 2002686426.464.23$3,813
Sep 2002386927.443.64$3,241
Aug 2002386025.963.16$2,799
Jul 2002282924.583.06$2,587
Jun 200272,51523.733.34$8,562
May 200251,46424.663.58$5,370
Apr 2002579023.653.51$2,893
Mar 2002578122.003.10$2,533
Feb 2002473418.222.38$1,817
Jan 200251,23617.172.38$3,022
Dec 200151,50716.932.36$3,648
Nov 200121,04718.072.41$2,555
Oct 200121,15019.782.53$2,948
Sep 200121,20924.262.25$2,770
Aug 200111,10224.873.05$3,389
Jul 200101,29823.933.20$4,150
Jun 200111,39024.563.82$5,340
May 200121,57325.524.31$6,826
Apr 200181,73224.685.34$9,438
Mar 2001191,93924.545.38$10,891
Feb 2001171,77427.755.77$10,703
Jan 2001201,92727.478.40$16,734
Dec 2000182,11926.889.12$19,814
Nov 2000132,21432.215.66$12,946
Oct 2000102,43731.235.15$12,852
Sep 200092,62731.875.19$13,912
Aug 200092,89729.644.54$13,421
Jul 200092,88428.534.09$12,052
Jun 2000133,03729.304.40$13,735
May 2000153,60327.263.68$13,667
Apr 2000133,97924.513.12$12,717
Mar 2000204,58728.422.86$13,686
Feb 2000234,76327.622.73$13,622
Jan 2000424,82625.272.48$13,032
Dec 1999734,44924.282.42$12,556
Nov 1999755,53023.192.43$15,199
Oct 1999406,07420.982.80$17,869
Sep 1999196,78421.752.62$18,180
Aug 199994,49119.262.88$13,088
Jul 1999154,00617.892.37$9,772
Jun 1999162,76915.942.36$6,796
May 199942,34315.792.32$5,501
Apr 1999192,15215.102.21$5,039
Mar 199991,19412.471.84$2,307
Feb 199991,2439.981.82$2,349
Jan 1999101,35910.381.90$2,686
Dec 199891,0169.201.77$1,884
Nov 1998996110.892.19$2,198
Oct 1998121,49812.421.97$3,099
Sep 1998131,60312.592.08$3,502
Aug 1998151,72811.301.91$3,465
Jul 1998161,80911.742.24$4,235
Jun 1998181,97911.242.24$4,630
May 1998202,20712.622.21$5,122
Apr 1998282,92813.042.51$7,701
Mar 1998222,46712.802.31$5,979
Feb 1998303,02413.952.30$7,371
Jan 1998503,27814.702.15$7,798
Dec 19978610,68616.322.41$27,169
Nov 1997466,69618.193.09$21,516
Oct 1997344,88219.253.15$16,032
Sep 1997264,62417.742.95$14,125
Aug 1997245,15617.862.55$13,601
Jul 1997246,43817.582.25$14,888
Jun 19973710,58717.242.26$24,535
May 19970018.972.31$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             2 bbl  × $106.41 =       $213
Gas                  119 Mcf  × $  3.05 =       $362

────────────────────────────────────────────────────
Month total                                     $575

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/163381 is the state's own key, not one this site invented.