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 165004District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Oct 1997 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
344
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 Gas111997-12-22137559
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
CondensateDisposition2,485 bbl$51,478
GasProduction482,946 Mcf$1,925,142
Total$1,976,620

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 28.3193, -98.4703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31928, -98.47030 · 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
10,950 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 10,950 ft.

Completions filed
Oct 1997
1 of 1 wells

1 well

42-3113346116910,950 ftOct 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 (344)

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

344 months

May 20260196106.413.05$597
Apr 2026021598.932.87$617
Mar 2026053589.753.15$1,685
Feb 2026023363.503.75$874
Jan 2026011059.138.00$880
Dec 2025025956.664.41$1,143
Nov 2025041358.593.93$1,622
Oct 2025028859.383.30$952
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025016966.743.32$560
Jun 2025068166.483.13$2,131
May 202509760.553.23$314
Apr 2025040062.363.54$1,417
Mar 20250067.704.27$0
Feb 2025024570.884.34$1,064
Jan 2025027374.324.28$1,168
Dec 2024030668.993.12$955
Nov 2024076069.052.20$1,671
Oct 2024072571.372.28$1,654
Sep 202418869.612.36$278
Aug 2024015475.632.06$318
Jul 2024063579.932.15$1,363
Jun 2024021078.082.63$553
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401073.023.30$33
Dec 2023034371.262.61$895
Nov 2023137577.892.81$1,131
Oct 2023058285.443.09$1,797
Sep 2023010989.042.74$298
Aug 2023039080.522.67$1,042
Jul 2023044574.852.64$1,176
Jun 2023023768.962.26$535
May 2023030370.622.23$675
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023049076.533.39$1,660
Dec 2022020376.415.73$1,163
Nov 2022013385.005.65$751
Oct 2022019087.185.86$1,114
Sep 202209784.888.16$792
Aug 2022014794.529.13$1,342
Jul 20220315101.587.54$2,376
Jun 20220257115.097.98$2,050
May 20220172109.378.43$1,450
Apr 20220174104.226.84$1,190
Mar 20220107108.885.08$543
Feb 2022019991.054.86$967
Jan 2022031081.844.54$1,407
Dec 2021024971.323.90$971
Nov 2021033077.435.24$1,728
Oct 2021020179.795.71$1,148
Sep 2021013969.865.35$744
Aug 2021014566.024.22$612
Jul 2021026270.783.98$1,043
Jun 2021022169.493.38$747
May 2021041663.483.02$1,255
Apr 2021032660.362.76$899
Mar 202103261.302.72$87
Feb 2021018057.805.55$999
Jan 2021038250.412.81$1,074
Dec 2020019244.642.68$514
Nov 2020027438.772.71$742
Oct 2020025436.972.48$630
Sep 2020028337.091.99$563
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202007116.921.81$129
Apr 202004614.751.80$83
Mar 20200030.341.86$0
Feb 2020025349.881.98$501
Jan 2020030357.252.09$635
Dec 2019024459.012.30$562
Nov 2019041255.302.75$1,133
Oct 2019063553.472.42$1,536
Sep 2019053255.052.66$1,414
Aug 2019027253.112.30$627
Jul 2019036656.272.46$900
Jun 2019052652.782.49$1,310
May 2019046858.482.74$1,282
Apr 2019044762.632.75$1,230
Mar 2019060156.803.06$1,840
Feb 2019040950.852.79$1,142
Jan 2019045846.033.23$1,479
Dec 2018039346.594.19$1,645
Nov 2018046452.934.24$1,966
Oct 2018078161.443.40$2,654
Sep 2018012059.543.11$373
Aug 2018068759.403.07$2,107
Jul 201801,00965.142.93$2,958
Jun 2018043260.183.08$1,329
May 2018081965.382.90$2,376
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 201503838.792.17$82
Oct 2015322143.552.43$667
Sep 201505842.992.76$160
Aug 2015030440.162.87$873
Jul 2015052048.152.95$1,531
Jun 2015041756.152.88$1,202
May 20151055.212.96$55
Apr 20151349.822.71$58
Mar 20150042.892.93$0
Feb 20150144.662.98$3
Jan 20150243.433.10$6
Dec 20140254.693.59$7
Nov 20140170.464.25$4
Oct 20140278.303.90$8
Sep 20140386.164.05$12
Aug 20140389.394.04$12
Jul 20140296.564.18$8
Jun 20140198.164.74$5
May 20140294.734.73$9
Apr 20140195.944.81$5
Mar 20140395.895.06$15
Feb 20140197.406.19$6
Jan 20140290.404.86$10
Dec 20130291.824.35$9
Nov 20130288.853.74$7
Oct 20130097.423.78$0
Sep 20131961104.113.72$3,677
Aug 201311,952104.253.52$6,980
Jul 201311,646102.523.72$6,222
Jun 201321,13894.403.93$4,665
May 201331,11894.834.15$4,923
Apr 2013381393.964.28$3,764
Mar 201351,07293.623.91$4,663
Feb 2013188591.233.42$3,118
Jan 2013194291.603.42$3,313
Dec 2012186186.773.42$3,032
Nov 2012284586.953.62$3,237
Oct 201211,02589.383.40$3,574
Sep 201211,16794.672.92$3,500
Aug 2012145492.662.91$1,413
Jul 2012192885.133.02$2,888
Jun 2012174679.822.52$1,959
May 2012172891.612.49$1,903
Apr 20121756101.652.00$1,611
Mar 20121786105.052.22$1,852
Feb 20121894101.102.57$2,399
Jan 2012196498.092.73$2,734
Dec 201111,08396.873.24$3,606
Nov 2011188395.723.31$3,020
Oct 2011177784.983.65$2,920
Sep 2011192783.623.99$3,778
Aug 2011189183.404.15$3,780
Jul 201111,18694.144.52$5,452
Jun 201111,18292.904.64$5,577
May 201111,53798.134.40$6,868
Apr 201111,310105.964.33$5,783
Mar 2011171396.364.06$2,989
Feb 2011176085.644.18$3,262
Jan 201111,20986.504.59$5,634
Dec 201021,85485.734.35$8,232
Nov 201021,14380.843.80$4,500
Oct 201011,32378.103.51$4,720
Sep 201021,07372.633.98$4,415
Aug 201021,23073.684.42$5,583
Jul 201021,12272.554.74$5,459
Jun 201011,28570.364.91$6,380
May 201011,39071.124.24$5,958
Apr 201011,36481.694.12$5,705
Mar 201011,43078.394.39$6,354
Feb 201011,44973.585.44$7,960
Jan 201011,41674.365.96$8,520
Dec 200922,40071.445.48$13,304
Nov 200911,96174.593.75$7,431
Oct 200921,61072.544.11$6,763
Sep 200911,44065.543.06$4,479
Aug 200912,07967.423.22$6,759
Jul 200901,64761.133.46$5,706
Jun 200911,25866.163.90$4,966
May 200921,75354.743.93$6,991
Apr 200931,36146.773.59$5,023
Mar 200921,39442.144.06$5,743
Feb 200921,37632.814.63$6,441
Jan 200921,28935.865.37$6,995
Dec 200812,47337.105.98$14,819
Nov 200822,35755.496.86$16,281
Oct 200822,45575.246.92$17,144
Sep 200812,161101.767.88$17,124
Aug 200811,869114.228.48$15,969
Jul 200811,999131.0811.39$22,899
Jun 200822,010131.3313.03$26,458
May 200812,414123.1711.57$28,064
Apr 200822,572110.3110.45$27,111
Mar 200811,490101.909.66$14,501
Feb 2008110592.538.77$1,013
Jan 2008114990.388.21$1,313
Dec 2007117888.337.30$1,388
Nov 200717391.677.29$624
Oct 2007268682.856.92$4,914
Sep 2007247775.846.24$3,130
Aug 200726169.066.39$528
Jul 2007267270.906.39$4,435
Jun 2007170662.007.55$5,391
May 2007176058.747.85$6,022
Apr 2007167859.617.81$5,352
Mar 2007185256.927.30$6,278
Feb 2007172555.108.22$6,012
Jan 2007267950.306.73$4,668
Dec 2006284456.656.92$5,952
Nov 2006261354.207.62$4,778
Oct 2006281454.906.01$5,005
Sep 2006272260.085.04$3,757
Aug 2006283868.717.34$6,288
Jul 2006377969.376.34$5,149
Jun 2006378666.286.38$5,217
May 2006377766.016.42$5,190
Apr 2006278664.397.36$5,914
Mar 2006277356.707.08$5,589
Feb 2006274257.597.75$5,867
Jan 2006278860.598.93$7,161
Dec 200521,25454.9413.42$16,933
Nov 200521,19054.6910.59$12,710
Oct 200521,28758.3413.80$17,872
Sep 200521,33061.4512.08$16,188
Aug 200521,32761.519.80$13,123
Jul 200521,34255.697.84$10,638
Jun 200531,24652.337.38$9,354
May 200541,38345.226.65$9,379
Apr 200541,37349.207.36$10,303
Mar 200541,40550.377.15$10,254
Feb 200531,36345.226.31$8,739
Jan 200521,14543.166.32$7,325
Dec 200431,32339.866.75$9,051
Nov 200431,23945.286.33$7,979
Oct 200441,51749.706.52$10,082
Sep 200431,54343.245.28$8,283
Aug 200431,38742.375.55$7,826
Jul 200441,51938.286.08$9,395
Jun 200421,45436.106.43$9,426
May 200431,55237.486.49$10,192
Apr 200431,61734.475.86$9,577
Mar 200431,68234.365.53$9,405
Feb 200431,62032.455.51$9,023
Jan 200451,75732.036.30$11,229
Dec 200341,76430.266.30$11,237
Nov 200331,75728.804.60$8,160
Oct 200331,89228.174.76$9,090
Sep 200321,92026.314.75$9,171
Aug 200321,81129.765.13$9,349
Jul 200331,92829.415.17$10,058
Jun 200331,92028.565.98$11,573
May 200342,05926.595.97$12,404
Apr 2003102,01126.675.41$11,141
Mar 2003152,03431.146.10$12,866
Feb 2003131,88733.487.93$15,391
Jan 2003162,15230.315.58$12,498
Dec 2002172,22726.914.85$11,267
Nov 2002192,13824.664.14$9,313
Oct 2002152,19326.464.23$9,671
Sep 2002131,82927.443.64$7,006
Aug 200281,97825.963.16$6,466
Jul 200251,93824.583.06$6,057
Jun 2002132,20423.733.34$7,666
May 200272,34324.663.58$8,570
Apr 200262,18523.653.51$7,816
Mar 200252,27922.003.10$7,181
Feb 200222,15118.222.38$5,147
Jan 200242,34917.172.38$5,649
Dec 200172,32916.932.36$5,625
Nov 2001122,29518.072.41$5,738
Oct 200142,56219.782.53$6,558
Sep 2001112,73524.262.25$6,424
Aug 200142,95924.873.05$9,134
Jul 200182,99223.933.20$9,757
Jun 200182,98124.563.82$11,596
May 2001163,11225.524.31$13,813
Apr 2001383,05724.685.34$17,248
Mar 2001213,18824.545.38$17,655
Feb 200173,00227.755.77$17,507
Jan 200193,83727.478.40$32,473
Dec 200083,95726.889.12$36,313
Nov 200094,71232.215.66$26,950
Oct 200022,08831.235.15$10,806
Sep 200071,99931.875.19$10,591
Aug 2000112,89629.644.54$13,476
Jul 2000133,13328.534.09$13,184
Jun 2000142,89429.304.40$13,136
May 2000163,15627.263.68$12,049
Apr 2000123,24824.513.12$10,415
Mar 200023,47928.422.86$10,006
Feb 2000223,37127.622.73$9,799
Jan 2000203,84625.272.48$10,045
Dec 1999184,03024.282.42$10,205
Nov 1999194,06123.192.43$10,325
Oct 1999204,46420.982.80$12,935
Sep 1999174,62821.752.62$12,490
Aug 1999134,56219.262.88$13,369
Jul 1999154,90417.892.37$11,902
Jun 1999175,01215.942.36$12,110
May 1999445,70015.792.32$13,925
Apr 1999325,57915.102.21$12,802
Mar 1999976,10212.471.84$12,427
Feb 1999744,8159.981.82$9,491
Jan 1999945,93310.381.90$12,248
Dec 1998655,5029.201.77$10,355
Nov 1998816,37210.892.19$14,810
Oct 19981407,07412.421.97$15,669
Sep 1998737,66812.592.08$16,889
Aug 1998919,06911.301.91$18,326
Jul 19985010,73011.742.24$24,593
Jun 19986513,37211.242.24$30,647
May 1998264,32212.622.21$9,864
Apr 1998495,87913.042.51$15,368
Mar 19982526,51312.802.31$18,267
Feb 1998596,45113.952.30$15,655
Jan 1998688,73214.702.15$19,815
Dec 199710310,55016.322.41$27,118
Nov 19979113,90918.193.09$44,610
Oct 199712214,92719.253.15$49,366

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                  196 Mcf  × $  3.05 =       $597

────────────────────────────────────────────────────
Month total                                     $597

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/165004 is the state's own key, not one this site invented.