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 164518District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Aug 1997 – May 2026
Value, last 12 filed months
$0
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 Gas111997-11-13137304
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
CondensateDisposition10,235 bbl$266,605
GasProduction304,622 Mcf$1,046,936
Total$1,313,540

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 28.3530, -98.4872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35304, -98.48722 · 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
10,209 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 10,209 ft.

1 well

42-3113344316310,209 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 (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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200238.772.71$5
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202009939.982.39$236
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 20200516.921.81$9
Apr 20200214.751.80$4
Mar 20200030.341.86$0
Feb 20200549.881.98$10
Jan 202023957.252.09$196
Dec 2019418959.012.30$672
Nov 20191165755.302.75$2,416
Oct 2019037653.472.42$909
Sep 20190055.052.66$0
Aug 20190353.112.30$7
Jul 201902556.272.46$62
Jun 20190752.782.49$17
May 201901458.482.74$38
Apr 201905562.632.75$151
Mar 2019066756.803.06$2,042
Feb 201902,54150.852.79$7,095
Jan 201901,39246.033.23$4,494
Dec 2018014546.594.19$607
Nov 20180052.934.24$0
Oct 20180761.443.40$24
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180860.183.08$25
May 20180965.382.90$26
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 201331391.824.35$332
Nov 201346588.853.74$598
Oct 201333797.423.78$432
Sep 2013882104.113.72$1,138
Aug 201324444104.253.52$4,066
Jul 20135140102.523.72$1,033
Jun 2013237094.403.93$1,644
May 2013235194.834.15$1,646
Apr 2013336693.964.28$1,849
Mar 201312293.623.91$180
Feb 201312191.233.42$163
Jan 201324991.603.42$351
Dec 201235786.773.42$455
Nov 2012105986.953.62$1,083
Oct 20122471289.383.40$4,566
Sep 2012274,70894.672.92$16,296
Aug 2012282,08692.662.91$8,661
Jul 20121127485.133.02$1,764
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 201203298.092.73$87
Dec 2011112796.873.24$508
Nov 2011341895.723.31$1,671
Oct 20110984.983.65$33
Sep 201104483.623.99$175
Aug 2011232283.404.15$1,503
Jul 2011228094.144.52$1,453
Jun 2011121692.904.64$1,095
May 2011347798.134.40$2,395
Apr 2011056105.964.33$243
Mar 20110096.364.06$0
Feb 20110785.644.18$29
Jan 2011221086.504.59$1,137
Dec 20100085.734.35$0
Nov 201001380.843.80$49
Oct 201004778.103.51$165
Sep 20100472.633.98$16
Aug 201001673.684.42$71
Jul 2010247272.554.74$2,381
Jun 2010139970.364.91$2,030
May 2010126771.124.24$1,202
Apr 2010261081.694.12$2,678
Mar 2010245978.394.39$2,171
Feb 2010119773.585.44$1,146
Jan 2010233674.365.96$2,153
Dec 2009112071.445.48$729
Nov 200918074.593.75$375
Oct 2009228272.544.11$1,304
Sep 200919065.543.06$341
Aug 20091112567.423.22$1,144
Jul 20092840961.133.46$3,129
Jun 200945766.163.90$487
May 20091921754.743.93$1,892
Apr 20096154446.773.59$4,805
Mar 20091219942.144.06$1,313
Feb 20090032.814.63$0
Jan 200903835.865.37$204
Dec 200808237.105.98$490
Nov 2008169755.496.86$4,837
Oct 200802775.246.92$187
Sep 200809101.767.88$71
Aug 2008030114.228.48$254
Jul 2008019131.0811.39$216
Jun 2008014131.3313.03$182
May 200800123.1711.57$0
Apr 2008014110.3110.45$146
Mar 2008034101.909.66$329
Feb 200802592.538.77$219
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070891.677.29$58
Oct 20070782.856.92$48
Sep 200711675.846.24$176
Aug 200719869.066.39$695
Jul 2007013270.906.39$843
Jun 20070062.007.55$0
May 20070458.747.85$31
Apr 20070459.617.81$31
Mar 20070256.927.30$15
Feb 20071269355.108.22$6,355
Jan 2007858750.306.73$4,861
Dec 200620737656.656.92$14,328
Nov 200627643254.207.62$18,250
Oct 200617385954.906.01$14,664
Sep 2006282360.085.04$4,266
Aug 2006266568.717.34$5,018
Jul 2006270669.376.34$4,617
Jun 2006262966.286.38$4,148
May 2006367466.016.42$4,528
Apr 20061561664.397.36$5,500
Mar 20062074556.707.08$6,411
Feb 20062264957.597.75$6,297
Jan 20061679760.598.93$8,089
Dec 2005266054.9413.42$8,964
Nov 2005250454.6910.59$5,446
Oct 2005263658.3413.80$8,891
Sep 2005354361.4512.08$6,743
Aug 2005370561.519.80$7,091
Jul 2005359855.697.84$4,858
Jun 2005396952.337.38$7,309
May 20052494445.226.65$7,364
Apr 2005171,01449.207.36$8,300
Mar 200541,15150.377.15$8,437
Feb 200521,52545.226.31$9,716
Jan 2005349843.166.32$3,278
Dec 2004462139.866.75$4,352
Nov 200441,96145.286.33$12,595
Oct 2004348749.706.52$3,322
Sep 2004232243.245.28$1,788
Aug 2004450742.375.55$2,984
Jul 2004691,70738.286.08$13,027
Jun 20046943836.106.43$5,309
May 20048249837.486.49$6,308
Apr 200412983334.475.86$9,327
Mar 20043571,40234.365.53$20,020
Feb 200417368332.455.51$9,377
Jan 20044091,16132.036.30$20,414
Dec 20031751,32830.266.30$13,664
Nov 20038292628.804.60$6,617
Oct 2003651,19128.174.76$7,500
Sep 2003181,03126.314.75$5,370
Aug 2003191,03929.765.13$5,895
Jul 2003451,18229.415.17$7,435
Jun 20034990828.565.98$6,832
May 2003551,19526.595.97$8,600
Apr 2003821,24826.675.41$8,935
Mar 2003901,13731.146.10$9,734
Feb 2003641,16233.487.93$11,353
Jan 20032188430.315.58$5,571
Dec 20022998026.914.85$5,537
Nov 2002331,21424.664.14$5,836
Oct 200231,23626.464.23$5,307
Sep 2002431,20827.443.64$5,571
Aug 2002701,72225.963.16$7,266
Jul 200232,10124.583.06$6,507
Jun 200231,47023.733.34$4,978
May 200231,33624.663.58$4,862
Apr 2002451,33823.653.51$5,764
Mar 2002461,35422.003.10$5,213
Feb 200211,35818.222.38$3,244
Jan 200241,28217.172.38$3,114
Dec 200141,51316.932.36$3,645
Nov 200191,24618.072.41$3,160
Oct 200151,51319.782.53$3,925
Sep 2001141,34624.262.25$3,370
Aug 200141,60324.873.05$4,994
Jul 200151,60423.933.20$5,248
Jun 200191,74824.563.82$6,906
May 2001131,70525.524.31$7,676
Apr 2001101,82524.685.34$9,984
Mar 2001111,73424.545.38$9,593
Feb 2001301,92027.755.77$11,905
Jan 2001732,21827.478.40$20,634
Dec 2000682,30426.889.12$22,846
Nov 2000582,19832.215.66$14,304
Oct 2000392,45131.235.15$13,830
Sep 2000692,62331.875.19$15,803
Aug 2000612,84829.644.54$14,740
Jul 2000432,75428.534.09$12,490
Jun 20001032,97529.304.40$16,100
May 20001123,32027.263.68$15,270
Apr 20001103,54924.513.12$13,755
Mar 20002084,16728.422.86$17,828
Feb 20001504,55127.622.73$16,551
Jan 20001373,55825.272.48$12,288
Dec 19991473,22424.282.42$11,383
Nov 1999562,95823.192.43$8,498
Oct 1999813,37420.982.80$11,159
Sep 1999843,05421.752.62$9,825
Aug 1999922,62619.262.88$9,323
Jul 19991203,26717.892.37$9,897
Jun 1999263,23415.942.36$8,053
May 1999164,04815.792.32$9,648
Apr 19992124,09915.102.21$12,252
Mar 19991514,63312.471.84$10,400
Feb 19991254,6999.981.82$9,789
Jan 1999705,78310.381.90$11,714
Dec 1998966,6639.201.77$12,699
Nov 1998846,58710.892.19$15,312
Oct 19981177,73612.421.97$16,687
Sep 19981238,36912.592.08$18,978
Aug 19982248,53711.301.91$18,814
Jul 199829110,63911.742.24$27,219
Jun 199838113,44411.242.24$34,360
May 19981923,64512.622.21$10,465
Apr 19982214,05313.042.51$13,036
Mar 19981743,41812.802.31$10,121
Feb 19982874,11113.952.30$13,455
Jan 19983345,48414.702.15$16,727
Dec 19973165,80916.322.41$19,163
Nov 19973075,52518.193.09$22,647
Oct 19974506,83519.253.15$30,192
Sep 19973075,52517.742.95$21,772
Aug 199720112,51817.862.55$35,570

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.

Nov 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.77 =         $0
Gas                    2 Mcf  × $  2.71 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/164518 is the state's own key, not one this site invented.