PENN, STELLA

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the HOSTETTER (WILCOX 11000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169812District 01Field 428037522 tax incentive programmesCondensateGasSaveExport
Value, all time
$846 k
Jan 1998 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
341
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1987-09-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/98.

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 Gas112001-10-29145154
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
CondensateDisposition3,587 bbl$52,668
GasProduction274,920 Mcf$793,010
Total$845,678

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 28.0820, -98.4014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08199, -98.40142 · 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
14,764 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 14,764 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-31133452714,764 ftMay 1998

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 (341)

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

341 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026050759.138.00$4,055
Dec 202501,86256.664.41$8,218
Nov 202504,65258.593.93$18,266
Oct 202503,45059.383.30$11,402
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 202201687.185.86$94
Sep 202205284.888.16$425
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 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
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 20121089.383.40$89
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 201201105.052.22$2
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 201101298.134.40$53
Apr 201100105.964.33$0
Mar 201101296.364.06$49
Feb 20110085.644.18$0
Jan 201101186.504.59$50
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201001073.684.42$44
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201006071.124.24$254
Apr 201001281.694.12$49
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20091071.445.48$71
Nov 20090074.593.75$0
Oct 200901372.544.11$53
Sep 20090065.543.06$0
Aug 20092067.423.22$135
Jul 2009035661.133.46$1,233
Jun 2009011966.163.90$464
May 2009014354.743.93$561
Apr 2009236946.773.59$1,417
Mar 2009030342.144.06$1,230
Feb 2009027332.814.63$1,265
Jan 2009513335.865.37$894
Dec 2008041137.105.98$2,457
Nov 2008579655.496.86$5,738
Oct 2008076875.246.92$5,316
Sep 20080324101.767.88$2,552
Aug 20080260114.228.48$2,206
Jul 20083597131.0811.39$7,193
Jun 20080481131.3313.03$6,269
May 20082471123.1711.57$5,698
Apr 20080530110.3110.45$5,541
Mar 20080275101.909.66$2,658
Feb 2008038992.538.77$3,412
Jan 2008341290.388.21$3,652
Dec 2007235488.337.30$2,762
Nov 2007041691.677.29$3,033
Oct 2007237382.856.92$2,748
Sep 2007025975.846.24$1,617
Aug 2007033769.066.39$2,153
Jul 2007560470.906.39$4,213
Jun 2007371162.007.55$5,553
May 2007341658.747.85$3,440
Apr 2007042659.617.81$3,325
Mar 2007334956.927.30$2,719
Feb 2007031355.108.22$2,572
Jan 2007346150.306.73$3,252
Dec 2006045256.656.92$3,127
Nov 20066048454.207.62$6,939
Oct 2006242654.906.01$2,672
Sep 2006031760.085.04$1,597
Aug 2006339468.717.34$3,098
Jul 2006034269.376.34$2,169
Jun 2006251066.286.38$3,388
May 2006041866.016.42$2,686
Apr 2006237564.397.36$2,889
Mar 2006137156.707.08$2,684
Feb 2006018057.597.75$1,395
Jan 2006236660.598.93$3,391
Dec 2005232754.9413.42$4,497
Nov 2005321654.6910.59$2,451
Oct 2005055758.3413.80$7,684
Sep 2005346861.4512.08$5,837
Aug 2005356361.519.80$5,700
Jul 2005256655.697.84$4,551
Jun 2005051252.337.38$3,779
May 2005244545.226.65$3,050
Apr 2005246849.207.36$3,543
Mar 2005230250.377.15$2,262
Feb 2005249845.226.31$3,234
Jan 2005048443.166.32$3,060
Dec 2004440839.866.75$2,914
Nov 2004352345.286.33$3,447
Oct 2004578449.706.52$5,356
Sep 200461,17743.245.28$6,479
Aug 200401,79542.375.55$9,963
Jul 20045038.286.08$191
Jun 20043036.106.43$108
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030126.314.75$5
Aug 200302129.765.13$108
Jul 2003241929.415.17$804
Jun 200304828.565.98$287
May 2003048926.595.97$2,921
Apr 2003091226.675.41$4,931
Mar 2003080131.146.10$4,883
Feb 2003064533.487.93$5,112
Jan 2003095730.315.58$5,342
Dec 2002098926.914.85$4,800
Nov 200202,26424.664.14$9,366
Oct 200201,01126.464.23$4,276
Sep 2002088727.443.64$3,224
Aug 200201,16625.963.16$3,689
Jul 2002080824.583.06$2,474
Jun 2002942,92923.733.34$12,008
May 200203,56724.663.58$12,784
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20001025.272.48$25
Dec 199928024.282.42$680
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19996021.752.62$131
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199923015.102.21$347
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19981934,46112.421.97$11,182
Sep 199838217,43012.592.08$41,109
Aug 199842812,39711.301.91$28,482
Jul 199871628,18511.742.24$71,463
Jun 199896939,04311.242.24$98,241
May 19981883,54812.622.21$10,201
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998371114,51514.702.15$252,209

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  507 Mcf  × $  8.00 =     $4,055

────────────────────────────────────────────────────
Month total                                   $4,055

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/169812 is the state's own key, not one this site invented.