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 164351District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Aug 1997 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
346
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 Gas111997-11-13137289
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
CondensateDisposition10,882 bbl$233,161
GasProduction423,233 Mcf$1,639,969
Total$1,873,130

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 28.3884, -98.4595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38837, -98.45951 · 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
10,480 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 10,480 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-3113344516210,480 ftAug 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 (346)

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

346 months

May 20260331106.413.05$1,008
Apr 2026133998.932.87$1,072
Mar 2026140789.753.15$1,372
Feb 2026148163.503.75$1,867
Jan 2026162759.138.00$5,074
Dec 2025145556.664.41$2,065
Nov 2025166558.593.93$2,670
Oct 2025028459.383.30$939
Sep 2025021662.743.08$665
Aug 20250063.933.01$0
Jul 202506366.743.32$209
Jun 2025021866.483.13$682
May 2025032460.553.23$1,047
Apr 2025049462.363.54$1,750
Mar 2025059067.704.27$2,518
Feb 2025032070.884.34$1,389
Jan 2025020374.324.28$869
Dec 2024029268.993.12$911
Nov 2024031569.052.20$693
Oct 2024055071.372.28$1,255
Sep 2024040269.612.36$950
Aug 2024049775.632.06$1,026
Jul 2024041379.932.15$887
Jun 2024066078.082.63$1,738
May 2024019978.812.20$437
Apr 202403384.451.66$55
Mar 20240080.301.55$0
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 202304889.042.74$131
Aug 202307580.522.67$200
Jul 2023023474.852.64$618
Jun 202304768.962.26$106
May 2023011170.622.23$247
Apr 202306778.122.24$150
Mar 202309972.852.39$237
Feb 20230075.112.47$0
Jan 2023011076.533.39$373
Dec 2022015876.415.73$905
Nov 2022018285.005.65$1,028
Oct 202208887.185.86$516
Sep 2022013184.888.16$1,069
Aug 202209894.529.13$894
Jul 2022085101.587.54$641
Jun 2022061115.097.98$487
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220253108.885.08$1,284
Feb 2022020191.054.86$977
Jan 20220081.844.54$0
Dec 2021019171.323.90$745
Nov 2021033577.435.24$1,754
Oct 2021018279.795.71$1,040
Sep 2021036269.865.35$1,937
Aug 202108166.024.22$342
Jul 2021015970.783.98$633
Jun 2021015469.493.38$521
May 2021013663.483.02$410
Apr 2021036060.362.76$993
Mar 20210061.302.72$0
Feb 2021084057.805.55$4,660
Jan 2021039150.412.81$1,099
Dec 20200044.642.68$0
Nov 202009538.772.71$257
Oct 202005336.972.48$131
Sep 20200037.091.99$0
Aug 202005639.982.39$134
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200416.921.81$7
Apr 202001714.751.80$31
Mar 20200730.341.86$13
Feb 202002949.881.98$57
Jan 20200857.252.09$17
Dec 2019023359.012.30$537
Nov 2019025155.302.75$690
Oct 201904453.472.42$106
Sep 2019011155.052.66$295
Aug 201903053.112.30$69
Jul 2019012656.272.46$310
Jun 201907852.782.49$194
May 20190458.482.74$11
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
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 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200901466.163.90$55
May 200902954.743.93$114
Apr 200907446.773.59$265
Mar 200904542.144.06$183
Feb 200905232.814.63$241
Jan 200905135.865.37$274
Dec 200807237.105.98$430
Nov 200804755.496.86$322
Oct 200806275.246.92$429
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008028131.0811.39$319
Jun 2008023131.3313.03$300
May 2008050123.1711.57$579
Apr 2008037110.3110.45$387
Mar 200800101.909.66$0
Feb 200803992.538.77$342
Jan 200805890.388.21$476
Dec 200701188.337.30$80
Nov 200702891.677.29$204
Oct 20070082.856.92$0
Sep 200702575.846.24$156
Aug 200702969.066.39$185
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200703958.747.85$306
Apr 200702659.617.81$203
Mar 200705256.927.30$380
Feb 200702655.108.22$214
Jan 20070050.306.73$0
Dec 20060456.656.92$28
Nov 200601554.207.62$114
Oct 20060054.906.01$0
Sep 200611360.085.04$126
Aug 20060568.717.34$37
Jul 200621369.376.34$221
Jun 200621766.286.38$241
May 200621866.016.42$248
Apr 200646164.397.36$707
Mar 20061353356.707.08$4,512
Feb 2006231,62057.597.75$13,881
Jan 2006201,85660.598.93$17,792
Dec 2005221,55154.9413.42$22,016
Nov 2005251,43554.6910.59$16,562
Oct 2005311,38358.3413.80$20,888
Sep 2005401,37861.4512.08$19,103
Aug 2005401,50661.519.80$17,214
Jul 2005562,17555.697.84$20,179
Jun 2005672,33452.337.38$20,733
May 2005482,73445.226.65$20,355
Apr 200512,65349.207.36$19,577
Mar 200502,92950.377.15$20,957
Feb 200502,56145.226.31$16,165
Jan 200502,95543.166.32$18,682
Dec 200403,04639.866.75$20,564
Nov 200402,94945.286.33$18,668
Oct 200442,89949.706.52$19,086
Sep 200442,65343.245.28$14,191
Aug 200442,73842.375.55$15,367
Jul 200442,82238.286.08$17,323
Jun 200432,57236.106.43$16,654
May 200462,49237.486.49$16,409
Apr 2004292,45234.475.86$15,365
Mar 2004402,58234.365.53$15,653
Feb 2004372,50032.455.51$14,975
Jan 2004632,80532.036.30$19,688
Dec 2003512,81930.266.30$19,308
Nov 2003352,72628.804.60$13,534
Oct 2003372,72628.174.76$14,017
Sep 2003542,59226.314.75$13,731
Aug 2003592,74529.765.13$15,837
Jul 2003732,86929.415.17$16,982
Jun 2003752,88228.565.98$19,385
May 2003753,27826.595.97$21,573
Apr 20031003,34826.675.41$20,771
Mar 20031173,35331.146.10$24,083
Feb 20031033,05833.487.93$27,686
Jan 20031313,55230.315.58$23,798
Dec 20021333,72226.914.85$21,645
Nov 20021394,35024.664.14$21,424
Oct 20021485,13826.464.23$25,645
Sep 2002985,37927.443.64$22,243
Aug 20021096,05925.963.16$22,001
Jul 20021697,16224.583.06$26,082
Jun 20021868,26623.733.34$32,008
May 200215624.663.58$225
Apr 20023545723.653.51$2,433
Mar 20022096,35122.003.10$24,303
Feb 20024515,92918.222.38$22,303
Jan 20024107,61717.172.38$25,135
Dec 200159710,24316.932.36$34,326
Nov 200182115,72718.072.41$52,667
Oct 200146410,65419.782.53$36,121
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001213124.563.82$550
May 20011053,07725.524.31$15,933
Apr 2001543,06024.685.34$17,659
Mar 2001653,19724.545.38$18,784
Feb 2001672,83427.755.77$18,203
Jan 2001753,22327.478.40$29,129
Dec 2000653,12526.889.12$30,255
Nov 2000653,02132.215.66$19,186
Oct 2000703,03031.235.15$17,777
Sep 2000553,12331.875.19$17,950
Aug 2000292,94629.644.54$14,237
Jul 2000772,95828.534.09$14,294
Jun 2000662,91029.304.40$14,730
May 2000523,20327.263.68$13,204
Apr 2000533,02924.513.12$10,737
Mar 20001063,16328.422.86$12,058
Feb 20001233,03127.622.73$11,661
Jan 20001203,37225.272.48$11,397
Dec 1999733,23324.282.42$9,608
Nov 1999753,10823.192.43$9,304
Oct 1999593,39920.982.80$10,768
Sep 1999833,12221.752.62$9,981
Aug 1999653,57019.262.88$11,518
Jul 1999853,67217.892.37$10,232
Jun 1999973,54615.942.36$9,922
May 1999773,80715.792.32$10,052
Apr 19991094,03815.102.21$10,562
Mar 1999894,44212.471.84$9,276
Feb 1999873,8519.981.82$7,869
Jan 19991324,36210.381.90$9,658
Dec 19981294,3069.201.77$8,823
Nov 19981154,33910.892.19$10,736
Oct 19981124,74212.421.97$10,729
Sep 19981124,47512.592.08$10,730
Aug 19981274,87211.301.91$10,728
Jul 19981505,35811.742.24$13,748
Jun 19981615,59611.242.24$14,329
May 19981926,63312.622.21$17,058
Apr 19981635,39913.042.51$15,652
Mar 19981906,31312.802.31$17,011
Feb 19981716,18913.952.30$16,615
Jan 19981997,98114.702.15$20,123
Dec 19974249,26616.322.41$29,261
Nov 19973988,41318.193.09$33,221
Oct 199733710,20619.253.15$38,634
Sep 19978010,31017.742.95$31,884
Aug 19976510,25517.862.55$27,360

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                  331 Mcf  × $  3.05 =     $1,008

────────────────────────────────────────────────────
Month total                                   $1,008

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/164351 is the state's own key, not one this site invented.