COLE GAS UNIT

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the HOSTETTER (WILCOX 9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169824District 01Field 428034772 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Jul 1998 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
335
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1973-01-21
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 11/01/98.

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 Gas112001-10-26145152
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
CondensateDisposition4,290 bbl$114,622
GasProduction1,335,168 Mcf$4,371,703
Total$4,486,326

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 28.1015, -98.3835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10155, -98.38354 · 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
12,500 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 12,500 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-31133517112,500 ftJul 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 (335)

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

335 months

May 202601,273106.413.05$3,877
Apr 2026019398.932.87$554
Mar 2026055289.753.15$1,738
Feb 2026016263.503.75$608
Jan 202608859.138.00$704
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 202525074.324.28$1,858
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 2023056280.522.67$1,502
Jul 2023069774.852.64$1,841
Jun 2023065868.962.26$1,486
May 2023062970.622.23$1,401
Apr 2023060878.122.24$1,361
Mar 2023068872.852.39$1,646
Feb 2023079975.112.47$1,970
Jan 2023076376.533.39$2,585
Dec 2022065176.415.73$3,730
Nov 2022088485.005.65$4,991
Oct 2022085187.185.86$4,990
Sep 2022085884.888.16$7,004
Aug 2022074994.529.13$6,836
Jul 20220425101.587.54$3,205
Jun 20220776115.097.98$6,190
May 20220917109.378.43$7,733
Apr 20220794104.226.84$5,429
Mar 20220826108.885.08$4,193
Feb 2022068691.054.86$3,333
Jan 2022070981.844.54$3,217
Dec 2021074771.323.90$2,913
Nov 2021084377.435.24$4,415
Oct 202101,10479.795.71$6,308
Sep 202101,08469.865.35$5,800
Aug 202101,02366.024.22$4,318
Jul 202101,03070.783.98$4,102
Jun 2021084869.493.38$2,867
May 2021078663.483.02$2,372
Apr 2021056260.362.76$1,550
Mar 2021030961.302.72$840
Feb 2021030257.805.55$1,675
Jan 2021047450.412.81$1,332
Dec 2020238044.642.68$1,106
Nov 2020126538.772.71$756
Oct 2020135136.972.48$907
Sep 2020134337.091.99$720
Aug 2020119239.982.39$498
Jul 2020015338.371.83$279
Jun 2020229334.901.69$565
May 2020014916.921.81$270
Apr 2020130214.751.80$560
Mar 2020128430.341.86$558
Feb 2020241249.881.98$916
Jan 2020449357.252.09$1,262
Dec 2019055059.012.30$1,267
Nov 2019056655.302.75$1,557
Oct 2019065753.472.42$1,589
Sep 2019054855.052.66$1,456
Aug 2019039953.112.30$919
Jul 2019057556.272.46$1,415
Jun 2019038352.782.49$954
May 2019039958.482.74$1,093
Apr 2019039962.632.75$1,098
Mar 2019237356.803.06$1,256
Feb 2019042150.852.79$1,176
Jan 2019048346.033.23$1,559
Dec 2018043346.594.19$1,812
Nov 2018044752.934.24$1,894
Oct 2018050061.443.40$1,699
Sep 2018027459.543.11$852
Aug 2018035959.403.07$1,101
Jul 2018036765.142.93$1,076
Jun 2018040160.183.08$1,234
May 2018038965.382.90$1,128
Apr 2018243863.842.90$1,398
Mar 2018044261.222.79$1,232
Feb 2018034461.782.77$952
Jan 2018039162.874.01$1,568
Dec 2017134157.272.92$1,054
Nov 2017031655.423.12$985
Oct 2017036249.292.98$1,080
Sep 201710628247.523.09$5,908
Aug 2017032145.373.00$964
Jul 2017042543.873.09$1,312
Jun 2017042842.493.09$1,321
May 2017033445.373.26$1,090
Apr 2017026547.933.21$851
Mar 2017019646.772.98$585
Feb 2017025750.452.95$759
Jan 2017050849.413.42$1,737
Dec 2016051648.763.72$1,921
Nov 2016073142.492.64$1,933
Oct 2016083846.193.09$2,590
Sep 2016082041.553.10$2,543
Aug 2016087841.442.92$2,568
Jul 2016082141.622.92$2,401
Jun 2016082445.352.69$2,213
May 2016098542.521.99$1,961
Apr 2016074536.561.99$1,483
Mar 2016093433.011.79$1,676
Feb 2016486326.472.06$1,887
Jan 2016090627.352.36$2,142
Dec 2015069932.362.00$1,399
Nov 2015076038.792.17$1,647
Oct 2015083843.552.43$2,033
Sep 2015092242.992.76$2,543
Aug 2015093440.162.87$2,683
Jul 2015053248.152.95$1,567
Jun 201501,02656.152.88$2,958
May 201501,03755.212.96$3,065
Apr 2015586949.822.71$2,601
Mar 201501,04542.892.93$3,067
Feb 2015085044.662.98$2,530
Jan 2015092943.433.10$2,880
Dec 2014580854.693.59$3,175
Nov 2014086070.464.25$3,657
Oct 2014098078.303.90$3,823
Sep 201401,00786.164.05$4,074
Aug 201409989.394.04$399
Jul 2014049696.564.18$2,073
Jun 2014068398.164.74$3,235
May 2014084094.734.73$3,970
Apr 2014057695.944.81$2,770
Mar 2014033095.895.06$1,669
Feb 20140097.406.19$0
Jan 2014011390.404.86$549
Dec 2013079991.824.35$3,479
Nov 2013063588.853.74$2,374
Oct 2013088097.423.78$3,326
Sep 20130823104.113.72$3,060
Aug 20130926104.253.52$3,262
Jul 201311959102.523.72$4,693
Jun 2013076594.403.93$3,009
May 2013062994.834.15$2,610
Apr 2013068893.964.28$2,946
Mar 2013079693.623.91$3,115
Feb 20131051291.233.42$2,663
Jan 2013042391.603.42$1,447
Dec 201201,67886.773.42$5,739
Nov 2012055786.953.62$2,019
Oct 2012058789.383.40$1,996
Sep 2012078294.672.92$2,282
Aug 2012059192.662.91$1,719
Jul 2012092785.133.02$2,800
Jun 2012089379.822.52$2,250
May 20121780491.612.49$3,558
Apr 20120990101.652.00$1,977
Mar 201201,365105.052.22$3,033
Feb 201201,410101.102.57$3,624
Jan 2012191,33898.092.73$5,522
Dec 201101,64396.873.24$5,323
Nov 201101,51095.723.31$5,000
Oct 201101,46384.983.65$5,338
Sep 2011083983.623.99$3,344
Aug 201101,37683.404.15$5,709
Jul 201101,35994.144.52$6,139
Jun 201101,34392.904.64$6,231
May 201101,32798.134.40$5,845
Apr 2011161,033105.964.33$6,172
Mar 2011091496.364.06$3,708
Feb 201101,06585.644.18$4,452
Jan 2011092486.504.59$4,240
Dec 20101280385.734.35$4,520
Nov 2010076680.843.80$2,907
Oct 201001,02678.103.51$3,600
Sep 201001,16872.633.98$4,648
Aug 2010131,18073.684.42$6,173
Jul 201001,29072.554.74$6,110
Jun 201001,24470.364.91$6,109
May 201001,43171.124.24$6,061
Apr 2010121,23481.694.12$6,068
Mar 201001,12578.394.39$4,937
Feb 2010121,13073.585.44$7,033
Jan 201001,29974.365.96$7,747
Dec 2009131,21971.445.48$7,613
Nov 200901,51674.593.75$5,687
Oct 20090072.544.11$0
Sep 200901,00965.543.06$3,092
Aug 2009111,33367.423.22$5,032
Jul 200901,04261.133.46$3,610
Jun 200901,05666.163.90$4,113
May 200901,50754.743.93$5,916
Apr 20091099446.773.59$4,034
Mar 200901,18542.144.06$4,810
Feb 200901,09232.814.63$5,059
Jan 2009101,01535.865.37$5,810
Dec 200801,24837.105.98$7,459
Nov 2008131,11955.496.86$8,398
Oct 200801,47975.246.92$10,238
Sep 20080926101.767.88$7,294
Aug 200801,676114.228.48$14,218
Jul 2008101,377131.0811.39$16,994
Jun 200801,421131.3313.03$18,519
May 20087956123.1711.57$11,927
Apr 200801,320110.3110.45$13,800
Mar 200801,220101.909.66$11,790
Feb 200801,48192.538.77$12,989
Jan 2008101,68390.388.21$14,714
Dec 200761,34088.337.30$10,315
Nov 2007070791.677.29$5,155
Oct 200781,19682.856.92$8,941
Sep 2007097375.846.24$6,076
Aug 200701,20069.066.39$7,666
Jul 200781,00270.906.39$6,968
Jun 200791,24862.007.55$9,978
May 200791,26458.747.85$10,446
Apr 200701,28859.617.81$10,053
Mar 200791,30156.927.30$10,012
Feb 200701,16055.108.22$9,531
Jan 200771,02150.306.73$7,220
Dec 200601,13156.656.92$7,825
Nov 200671,13754.207.62$9,040
Oct 2006111,06054.906.01$6,979
Sep 200601,33960.085.04$6,745
Aug 2006122,05768.717.34$15,923
Jul 200602,06169.376.34$13,072
Jun 2006122,09966.286.38$14,195
May 200602,00266.016.42$12,863
Apr 2006111,93664.397.36$14,958
Mar 200692,16656.707.08$15,852
Feb 200601,80557.597.75$13,991
Jan 2006111,76560.598.93$16,434
Dec 2005102,03654.9413.42$27,863
Nov 200571,69354.6910.59$18,309
Oct 200501,22258.3413.80$16,858
Sep 200571,09961.4512.08$13,705
Aug 20052001,45561.519.80$26,556
Jul 200591,34055.697.84$11,012
Jun 200501,95252.337.38$14,408
May 200581,65345.226.65$11,356
Apr 200581,56449.207.36$11,905
Mar 200571,64850.377.15$12,144
Feb 200581,43245.226.31$9,400
Jan 200501,73843.166.32$10,988
Dec 2004151,90839.866.75$13,479
Nov 200491,96045.286.33$12,815
Oct 2004102,23849.706.52$15,078
Sep 2004132,25243.245.28$12,461
Aug 200402,61542.375.55$14,515
Jul 2004421,98538.286.08$13,685
Jun 2004201,95036.106.43$13,266
May 200402,41737.486.49$15,697
Apr 200402,13134.475.86$12,484
Mar 200402,44534.365.53$13,521
Feb 200402,55232.455.51$14,061
Jan 200402,78732.036.30$17,557
Dec 200302,66730.266.30$16,806
Nov 200303,15328.804.60$14,489
Oct 200303,37028.174.76$16,040
Sep 200303,09526.314.75$14,699
Aug 200303,51329.765.13$18,021
Jul 2003313,41329.415.17$18,560
Jun 200303,60728.565.98$21,581
May 200304,21226.595.97$25,157
Apr 200304,09626.675.41$22,148
Mar 200303,92831.146.10$23,945
Feb 200304,12433.487.93$32,686
Jan 200304,87930.315.58$27,235
Dec 200205,49426.914.85$26,667
Nov 200205,63524.664.14$23,312
Oct 20021846,26026.464.23$31,343
Sep 200205,77427.443.64$20,990
Aug 200205,42325.963.16$17,159
Jul 200206,03624.583.06$18,481
Jun 200206,39023.733.34$21,331
May 200207,28424.663.58$26,106
Apr 200207,15923.653.51$25,145
Mar 200208,61622.003.10$26,733
Feb 200208,10918.222.38$19,264
Jan 200209,04317.172.38$21,483
Dec 200109,52216.932.36$22,514
Nov 2001010,00418.072.41$24,065
Oct 2001010,54119.782.53$26,657
Sep 2001012,24524.262.25$27,567
Aug 2001011,75324.873.05$35,884
Jul 200118813,99123.933.20$49,229
Jun 2001016,32924.563.82$62,445
May 2001019,32125.524.31$83,222
Apr 200107,46824.685.34$39,844
Mar 20010024.545.38$0
Feb 2001015427.755.77$888
Jan 200106,82027.478.40$57,280
Dec 2000010,88726.889.12$99,317
Nov 2000010,77632.215.66$60,971
Oct 200019112,45931.235.15$70,073
Sep 2000012,89331.875.19$66,870
Aug 2000017,19829.644.54$78,092
Jul 2000014,98028.534.09$61,264
Jun 2000015,06129.304.40$66,227
May 200018414,89927.263.68$59,840
Apr 2000016,68824.513.12$52,000
Mar 2000019,82928.422.86$56,706
Feb 2000015,49827.622.73$42,255
Jan 200019213,43125.272.48$38,167
Dec 1999019,02524.282.42$46,111
Nov 199918719,57523.192.43$51,982
Oct 1999023,14620.982.80$64,895
Sep 199918123,59721.752.62$65,734
Aug 1999024,96819.262.88$71,798
Jul 199918827,38217.892.37$68,324
Jun 1999024,63615.942.36$58,193
May 199918629,66915.792.32$71,799
Apr 199918931,57615.102.21$72,575
Mar 199918939,36512.471.84$74,723
Feb 199919038,6619.981.82$72,174
Jan 1999047,46110.381.90$90,174
Dec 199819248,7299.201.77$88,179
Nov 199818851,18210.892.19$113,917
Oct 199838949,67112.421.97$102,644
Sep 1998062,39012.592.08$129,935
Aug 199836774,39211.301.91$146,039
Jul 1998052,06911.742.24$116,492

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                1,273 Mcf  × $  3.05 =     $3,877

────────────────────────────────────────────────────
Month total                                   $3,877

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/169824 is the state's own key, not one this site invented.