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 195801District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jul 2003 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
275
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 Gas112004-05-14157257
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
CondensateDisposition909 bbl$37,413
GasProduction166,919 Mcf$975,571
Total$1,012,984

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 28.3477, -98.4618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34766, -98.46180 · 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
10,650 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 10,650 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-3113369320010,650 ftJul 2003

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 (275)

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

275 months

May 20260389106.413.05$1,185
Apr 2026243298.932.87$1,438
Mar 2026132189.753.15$1,101
Feb 2026239763.503.75$1,616
Jan 2026142759.138.00$3,474
Dec 2025143356.664.41$1,968
Nov 2025137058.593.93$1,511
Oct 2025046659.383.30$1,540
Sep 2025034662.743.08$1,065
Aug 2025040763.933.01$1,227
Jul 2025043266.743.32$1,432
Jun 2025022866.483.13$713
May 2025016360.553.23$527
Apr 2025038262.363.54$1,353
Mar 2025061467.704.27$2,621
Feb 2025028670.884.34$1,241
Jan 2025019974.324.28$851
Dec 2024024868.993.12$774
Nov 2024016369.052.20$358
Oct 2024022171.372.28$504
Sep 2024019469.612.36$459
Aug 2024033075.632.06$681
Jul 2024034479.932.15$738
Jun 2024049378.082.63$1,299
May 202403178.812.20$68
Apr 202407484.451.66$123
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 2023141171.262.61$1,144
Nov 2023043577.892.81$1,221
Oct 2023051585.443.09$1,590
Sep 2023071789.042.74$1,961
Aug 2023064980.522.67$1,735
Jul 2023041274.852.64$1,088
Jun 2023075068.962.26$1,694
May 2023164470.622.23$1,505
Apr 2023159278.122.24$1,403
Mar 202321,28572.852.39$3,221
Feb 2023270675.112.47$1,891
Jan 202321,12576.533.39$3,964
Dec 2022258276.415.73$3,487
Nov 2022292485.005.65$5,387
Oct 202201,42387.185.86$8,344
Sep 202202,27784.888.16$18,589
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 20120089.383.40$0
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 201200105.052.22$0
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 2011346792.904.64$2,446
May 2011472998.134.40$3,604
Apr 20114691105.964.33$3,418
Mar 2011377096.364.06$3,413
Feb 2011361585.644.18$2,828
Jan 2011464786.504.59$3,315
Dec 2010561585.734.35$3,103
Nov 2010358980.843.80$2,478
Oct 2010468978.103.51$2,730
Sep 2010563972.633.98$2,906
Aug 2010570373.684.42$3,475
Jul 2010469472.554.74$3,577
Jun 2010363270.364.91$3,314
May 2010365271.124.24$2,975
Apr 2010363581.694.12$2,863
Mar 2010468478.394.39$3,315
Feb 2010360573.585.44$3,513
Jan 2010365974.365.96$4,153
Dec 2009662271.445.48$3,840
Nov 2009664774.593.75$2,875
Oct 2009765372.544.11$3,192
Sep 2009565365.543.06$2,329
Aug 2009365567.423.22$2,310
Jul 2009362161.133.46$2,335
Jun 2009367166.163.90$2,812
May 2009364554.743.93$2,696
Apr 2009373546.773.59$2,777
Mar 2009276242.144.06$3,177
Feb 2009273232.814.63$3,457
Jan 2009285335.865.37$4,653
Dec 2008168437.105.98$4,125
Nov 2008161455.496.86$4,268
Oct 2008162375.246.92$4,388
Sep 20081756101.767.88$6,057
Aug 200811,471114.228.48$12,593
Jul 2008071131.0811.39$809
Jun 20080176131.3313.03$2,294
May 20080182123.1711.57$2,107
Apr 20080130110.3110.45$1,359
Mar 20080182101.909.66$1,759
Feb 2008124592.538.77$2,241
Jan 2008125890.388.21$2,207
Dec 2007183188.337.30$6,156
Nov 2007186191.677.29$6,370
Oct 2007126482.856.92$1,910
Sep 2007168975.846.24$4,378
Aug 200722,48269.066.39$15,993
Jul 200721,83670.906.39$11,870
Jun 2007252962.007.55$4,117
May 2007281958.747.85$6,544
Apr 2007283259.617.81$6,613
Mar 2007291956.927.30$6,824
Feb 2007280555.108.22$6,724
Jan 2007394150.306.73$6,481
Dec 2006394356.656.92$6,694
Nov 200631,02154.207.62$7,940
Oct 200641,00254.906.01$6,245
Sep 200631,00660.085.04$5,248
Aug 200641,21368.717.34$9,178
Jul 2006153469.376.34$3,456
Jun 2006262766.286.38$4,135
May 200641,47066.016.42$9,709
Apr 200631,43364.397.36$10,741
Mar 200631,37556.707.08$9,909
Feb 200641,56057.597.75$12,322
Jan 200631,35060.598.93$12,242
Dec 200531,50954.9413.42$20,409
Nov 200531,65754.6910.59$17,709
Oct 200531,63758.3413.80$22,759
Sep 200541,57261.4512.08$19,234
Aug 200541,20361.519.80$12,032
Jul 200541,30855.697.84$10,482
Jun 200551,24152.337.38$9,422
May 200541,37845.226.65$9,346
Apr 200571,63649.207.36$12,386
Mar 2005141,60450.377.15$12,182
Feb 2005101,59745.226.31$10,532
Jan 2005121,77143.166.32$11,715
Dec 2004131,75239.866.75$12,346
Nov 2004131,82445.286.33$12,135
Oct 2004142,04449.706.52$14,013
Sep 2004112,08943.245.28$11,514
Aug 2004122,26342.375.55$13,070
Jul 200472,36438.286.08$14,651
Jun 200432,39836.106.43$15,535
May 200432,65437.486.49$17,349
Apr 200433,17134.475.86$18,681
Mar 200433,62834.365.53$20,166
Feb 200433,36032.455.51$18,610
Jan 200454,00532.036.30$25,390
Dec 200344,56330.266.30$28,875
Nov 200345,28528.804.60$24,401
Oct 2003176,76028.174.76$32,654
Sep 2003536,71626.314.75$33,291
Aug 20031129,24329.765.13$50,747
Jul 200335912,14029.415.17$73,332

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                  389 Mcf  × $  3.05 =     $1,185

────────────────────────────────────────────────────
Month total                                   $1,185

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/195801 is the state's own key, not one this site invented.