SWR "M"

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 169159District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jun 1998 – May 2026
Value, last 12 filed months
$206
at the published price for each month
Months reported
336
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 Gas111998-10-14139245
NGPA2none

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
CondensateDisposition541 bbl$14,829
GasProduction334,360 Mcf$1,331,958
Total$1,346,787

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 28.3313, -98.4359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33129, -98.43590 · 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
11,195 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 11,195 ft.

1 well

42-31133525111,195 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 (336)

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

336 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 202506266.743.32$206
Jun 20250066.483.13$0
May 202501,22060.553.23$3,943
Apr 2025053662.363.54$1,899
Mar 20250067.704.27$0
Feb 2025059170.884.34$2,565
Jan 2025018574.324.28$792
Dec 2024059668.993.12$1,860
Nov 202401,24269.052.20$2,730
Oct 2024061871.372.28$1,410
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 2023016989.042.74$462
Aug 2023028280.522.67$754
Jul 2023025774.852.64$679
Jun 2023044368.962.26$1,001
May 2023041170.622.23$915
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 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202008257.252.09$172
Dec 2019013359.012.30$306
Nov 201901055.302.75$28
Oct 2019012453.472.42$300
Sep 201909555.052.66$252
Aug 2019027053.112.30$622
Jul 2019081456.272.46$2,002
Jun 2019065252.782.49$1,624
May 2019098058.482.74$2,686
Apr 2019095562.632.75$2,627
Mar 2019060156.803.06$1,840
Feb 2019082250.852.79$2,295
Jan 201901,79646.033.23$5,798
Dec 201801,18946.594.19$4,976
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018022459.543.11$696
Aug 201801,76359.403.07$5,406
Jul 201802,30665.142.93$6,761
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 201503,21832.362.00$6,441
Nov 201501,01338.792.17$2,196
Oct 2015078743.552.43$1,910
Sep 2015057442.992.76$1,583
Aug 2015091740.162.87$2,634
Jul 20152048.152.95$96
Jun 2015056956.152.88$1,640
May 2015022855.212.96$674
Apr 2015021249.822.71$574
Mar 2015010742.892.93$314
Feb 2015043444.662.98$1,292
Jan 2015039643.433.10$1,228
Dec 2014024654.693.59$883
Nov 2014030770.464.25$1,305
Oct 2014027678.303.90$1,077
Sep 2014018486.164.05$744
Aug 2014033689.394.04$1,356
Jul 2014033296.564.18$1,388
Jun 2014032798.164.74$1,549
May 2014044794.734.73$2,113
Apr 2014039795.944.81$1,909
Mar 2014037195.895.06$1,876
Feb 2014035497.406.19$2,192
Jan 2014066790.404.86$3,242
Dec 20130091.824.35$0
Nov 2013063988.853.74$2,389
Oct 2013031297.423.78$1,179
Sep 20130194104.113.72$721
Aug 20130335104.253.52$1,180
Jul 20130145102.523.72$539
Jun 2013014794.403.93$578
May 2013028194.834.15$1,166
Apr 2013014693.964.28$625
Mar 2013032793.623.91$1,280
Feb 2013030891.233.42$1,053
Jan 2013032891.603.42$1,122
Dec 2012034986.773.42$1,194
Nov 2012027186.953.62$982
Oct 2012032189.383.40$1,091
Sep 2012022194.672.92$645
Aug 2012027792.662.91$806
Jul 2012426185.133.02$1,129
Jun 2012027579.822.52$693
May 2012059391.612.49$1,476
Apr 20120127101.652.00$254
Mar 20120215105.052.22$478
Feb 20120486101.102.57$1,249
Jan 2012066998.092.73$1,829
Dec 2011066696.873.24$2,158
Nov 2011015595.723.31$513
Oct 2011010384.983.65$376
Sep 2011011583.623.99$458
Aug 2011012083.404.15$498
Jul 2011218294.144.52$1,010
Jun 2011023092.904.64$1,067
May 2011038398.134.40$1,687
Apr 20110502105.964.33$2,175
Mar 2011044996.364.06$1,822
Feb 2011074885.644.18$3,127
Jan 2011067186.504.59$3,079
Dec 2010050285.734.35$2,183
Nov 2010028080.843.80$1,063
Oct 2010030978.103.51$1,084
Sep 2010033572.633.98$1,333
Aug 2010029873.684.42$1,317
Jul 2010050072.554.74$2,368
Jun 2010010670.364.91$521
May 2010039071.124.24$1,652
Apr 2010026481.694.12$1,088
Mar 2010027878.394.39$1,220
Feb 2010036073.585.44$1,959
Jan 2010039674.365.96$2,362
Dec 2009026571.445.48$1,453
Nov 2009027874.593.75$1,043
Oct 2009533072.544.11$1,719
Sep 2009033565.543.06$1,027
Aug 2009036967.423.22$1,188
Jul 2009024461.133.46$845
Jun 2009031166.163.90$1,211
May 2009034654.743.93$1,358
Apr 2009038046.773.59$1,363
Mar 2009046642.144.06$1,891
Feb 2009031732.814.63$1,469
Jan 20092244935.865.37$3,201
Dec 2008068537.105.98$4,094
Nov 2008076055.496.86$5,214
Oct 200801,17075.246.92$8,099
Sep 20080258101.767.88$2,032
Aug 20080305114.228.48$2,587
Jul 20080324131.0811.39$3,690
Jun 20080259131.3313.03$3,375
May 20080520123.1711.57$6,019
Apr 20080779110.3110.45$8,144
Mar 20080989101.909.66$9,558
Feb 2008024492.538.77$2,140
Jan 2008096090.388.21$7,878
Dec 2007085888.337.30$6,265
Nov 2007030891.677.29$2,246
Oct 2007058682.856.92$4,056
Sep 2007074575.846.24$4,652
Aug 2007012369.066.39$786
Jul 2007095070.906.39$6,069
Jun 2007059962.007.55$4,522
May 2007054058.747.85$4,237
Apr 2007068259.617.81$5,323
Mar 2007141,00256.927.30$8,113
Feb 2007087055.108.22$7,148
Jan 2007097950.306.73$6,586
Dec 2006092056.656.92$6,365
Nov 200601,07754.207.62$8,204
Oct 2006082554.906.01$4,961
Sep 200601,02060.085.04$5,138
Aug 2006093168.717.34$6,833
Jul 200601,02969.376.34$6,527
Jun 2006081466.286.38$5,196
May 200601,25866.016.42$8,083
Apr 200601,27964.397.36$9,414
Mar 200601,00756.707.08$7,133
Feb 2006087257.597.75$6,759
Jan 2006221,13260.598.93$11,446
Dec 200501,18054.9413.42$15,830
Nov 2005073354.6910.59$7,761
Oct 200501,63758.3413.80$22,584
Sep 2005075761.4512.08$9,144
Aug 200502,03061.519.80$19,888
Jul 2005046255.697.84$3,624
Jun 2005045852.337.38$3,381
May 2005061245.226.65$4,071
Apr 20051470149.207.36$5,849
Mar 2005020350.377.15$1,452
Feb 2005028745.226.31$1,812
Jan 2005041343.166.32$2,611
Dec 2004070839.866.75$4,780
Nov 200401,02145.286.33$6,463
Oct 2004098849.706.52$6,437
Sep 200401,06043.245.28$5,601
Aug 2004161,12542.375.55$6,922
Jul 200401,04238.286.08$6,340
Jun 2004081736.106.43$5,256
May 2004092037.486.49$5,975
Apr 200401,17034.475.86$6,854
Mar 200401,11234.365.53$6,150
Feb 2004291,34332.455.51$8,340
Jan 200401,34232.036.30$8,454
Dec 200301,51430.266.30$9,541
Nov 200301,49328.804.60$6,861
Oct 200301,69228.174.76$8,053
Sep 200301,59526.314.75$7,575
Aug 2003521,95929.765.13$11,597
Jul 200302,17029.415.17$11,221
Jun 200302,09628.565.98$12,540
May 200302,14626.595.97$12,817
Apr 200302,06126.675.41$11,144
Mar 200302,00431.146.10$12,216
Feb 200301,98833.487.93$15,757
Jan 200301,98430.315.58$11,075
Dec 2002612,50126.914.85$13,781
Nov 200202,41324.664.14$9,982
Oct 200202,60626.464.23$11,021
Sep 200202,59927.443.64$9,448
Aug 200202,74425.963.16$8,682
Jul 200202,82424.583.06$8,646
Jun 200203,01923.733.34$10,078
May 2002353,37224.663.58$12,948
Apr 200203,37823.653.51$11,865
Mar 200203,44522.003.10$10,689
Feb 200201,95018.222.38$4,633
Jan 200202,45017.172.38$5,820
Dec 2001352,74516.932.36$7,083
Nov 200101,83418.072.41$4,412
Oct 200102,86719.782.53$7,250
Sep 200103,05624.262.25$6,880
Aug 200103,55324.873.05$10,848
Jul 200103,77223.933.20$12,059
Jun 200103,97324.563.82$15,193
May 2001204,63525.524.31$20,475
Apr 200104,54724.685.34$24,260
Mar 200105,06224.545.38$27,216
Feb 200102,08127.755.77$12,001
Jan 200101,84427.478.40$15,487
Dec 200002,26926.889.12$20,699
Nov 200002,32732.215.66$13,166
Oct 200032,52331.235.15$13,076
Sep 2000142,70731.875.19$14,486
Aug 200002,80029.644.54$12,714
Jul 200003,14728.534.09$12,870
Jun 200003,23429.304.40$14,221
May 200003,56027.263.68$13,100
Apr 200003,59824.513.12$11,211
Mar 200004,16628.422.86$11,914
Feb 200002,17327.622.73$5,925
Jan 200012,68725.272.48$6,690
Dec 1999203,09624.282.42$7,989
Nov 199903,55623.192.43$8,655
Oct 199903,55520.982.80$9,967
Sep 1999242,82021.752.62$7,907
Aug 199905,83619.262.88$16,782
Jul 199904,82417.892.37$11,444
Jun 199904,93715.942.36$11,662
May 199906,05315.792.32$14,049
Apr 1999458,54615.102.21$19,550
Mar 1999011,82012.471.84$21,729
Feb 199904,8139.981.82$8,749
Jan 199901,99510.381.90$3,790
Dec 199803,5169.201.77$6,235
Nov 199803,98310.892.19$8,706
Oct 1998324,88812.421.97$10,023
Sep 199805,76612.592.08$12,008
Aug 199808,24511.301.91$15,726
Jul 19986913,38211.742.24$30,749
Jun 19980011.242.24$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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                   62 Mcf  × $  3.32 =       $206

────────────────────────────────────────────────────
Month total                                     $206

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/169159 is the state's own key, not one this site invented.