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 196280District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jul 2003 – May 2026
Value, last 12 filed months
$6 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 Gas112004-05-14157258
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
CondensateDisposition4,456 bbl$195,334
GasProduction325,335 Mcf$1,924,996
Total$2,120,331

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 28.3379, -98.4646. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33792, -98.46463 · 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
10,680 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 10,680 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-3113368920110,680 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 2026057106.413.05$174
Apr 2026120798.932.87$693
Mar 2026011589.753.15$362
Feb 202602663.503.75$98
Jan 20260059.138.00$0
Dec 2025012256.664.41$538
Nov 202504258.593.93$165
Oct 2025018659.383.30$615
Sep 2025017062.743.08$523
Aug 2025017463.933.01$525
Jul 2025016766.743.32$554
Jun 2025145766.483.13$1,496
May 202518860.553.23$345
Apr 2025133962.363.54$1,263
Mar 2025135667.704.27$1,587
Feb 2025119370.884.34$909
Jan 202504774.324.28$201
Dec 2024017568.993.12$546
Nov 202409169.052.20$200
Oct 202407571.372.28$171
Sep 2024115869.612.36$443
Aug 2024122075.632.06$530
Jul 2024247079.932.15$1,169
Jun 2024115878.082.63$494
May 2024052078.812.20$1,143
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240473.023.30$13
Dec 2023018771.262.61$488
Nov 202306877.892.81$191
Oct 202305585.443.09$170
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023018274.852.64$481
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 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 20201036.972.48$37
Sep 20201037.091.99$37
Aug 2020311439.982.39$392
Jul 2020312038.371.83$334
Jun 2020511134.901.69$362
May 202006816.921.81$123
Apr 202001714.751.80$31
Mar 2020112530.341.86$262
Feb 2020215449.881.98$405
Jan 2020213657.252.09$399
Dec 2019118059.012.30$474
Nov 2019011955.302.75$327
Oct 2019114753.472.42$409
Sep 20190155.052.66$3
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201905558.482.74$151
Apr 201902062.632.75$55
Mar 201901256.803.06$37
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180146.594.19$4
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180159.543.11$3
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180165.382.90$3
Apr 20181163.842.90$67
Mar 20180261.222.79$6
Feb 20180061.782.77$0
Jan 20180162.874.01$4
Dec 20170057.272.92$0
Nov 20170155.423.12$3
Oct 20170049.292.98$0
Sep 20170147.523.09$3
Aug 20170145.373.00$3
Jul 20170243.873.09$6
Jun 20170142.493.09$3
May 20170145.373.26$3
Apr 20170547.933.21$16
Mar 20170246.772.98$6
Feb 20171650.452.95$68
Jan 2017628449.413.42$1,267
Dec 2016715148.763.72$903
Nov 20161374242.492.64$2,514
Oct 20162791946.193.09$4,087
Sep 2016171,39541.553.10$5,032
Aug 20160041.442.92$0
Jul 20160141.622.92$3
Jun 20163445.352.69$147
May 2016846642.521.99$1,268
Apr 201693,73436.561.99$7,764
Mar 201601733.011.79$31
Feb 2016154526.472.06$1,151
Jan 201621,43127.352.36$3,438
Dec 2015186832.362.00$1,770
Nov 201531,94638.792.17$4,334
Oct 201521,88243.552.43$4,654
Sep 201521,55342.992.76$4,370
Aug 201521,58040.162.87$4,619
Jul 201521,61748.152.95$4,858
Jun 201521,39556.152.88$4,134
May 2015118155.212.96$590
Apr 2015342049.822.71$1,286
Mar 2015379142.892.93$2,450
Feb 2015374244.662.98$2,342
Jan 2015371343.433.10$2,341
Dec 2014375754.693.59$2,883
Nov 2014469670.464.25$3,241
Oct 2014374078.303.90$3,122
Sep 2014252386.164.05$2,288
Aug 2014245189.394.04$1,999
Jul 2014114496.564.18$698
Jun 2014119398.164.74$1,012
May 2014120794.734.73$1,073
Apr 2014139595.944.81$1,996
Mar 201403195.895.06$157
Feb 201404897.406.19$297
Jan 2014011790.404.86$569
Dec 2013125791.824.35$1,211
Nov 2013018188.853.74$677
Oct 2013124897.423.78$1,035
Sep 2013092104.113.72$342
Aug 20131227104.253.52$904
Jul 20131361102.523.72$1,445
Jun 2013238194.403.93$1,687
May 201331,42194.834.15$6,180
Apr 201336,46393.964.28$27,960
Mar 2013111193.623.91$528
Feb 2013116191.233.42$642
Jan 2013114291.603.42$577
Dec 201219886.773.42$422
Nov 2012120786.953.62$837
Oct 201201289.383.40$41
Sep 2012117294.672.92$597
Aug 201219592.662.91$369
Jul 201203285.133.02$97
Jun 201202379.822.52$58
May 201205791.612.49$142
Apr 20122302101.652.00$806
Mar 20121223105.052.22$601
Feb 201200101.102.57$0
Jan 201201798.092.73$46
Dec 2011117996.873.24$677
Nov 201105995.723.31$195
Oct 2011116084.983.65$669
Sep 2011114683.623.99$666
Aug 2011114283.404.15$673
Jul 2011228094.144.52$1,453
Jun 2011226392.904.64$1,406
May 2011347198.134.40$2,369
Apr 201132,965105.964.33$13,166
Mar 201123,55396.364.06$14,608
Feb 201101485.644.18$59
Jan 201119786.504.59$532
Dec 201001185.734.35$48
Nov 201007480.843.80$281
Oct 201017478.103.51$338
Sep 2010114072.633.98$630
Aug 2010112973.684.42$644
Jul 201006872.554.74$322
Jun 2010115770.364.91$841
May 201006771.124.24$284
Apr 2010116181.694.12$745
Mar 2010112778.394.39$636
Feb 2010128373.585.44$1,614
Jan 201009274.365.96$549
Dec 2009584771.445.48$5,002
Nov 200931,73974.593.75$6,748
Oct 2009222472.544.11$1,066
Sep 200943,70665.543.06$11,620
Aug 2009189067.423.22$2,932
Jul 200923,56161.133.46$12,459
Jun 200924,25466.163.90$16,702
May 2009232654.743.93$1,389
Apr 2009381346.773.59$3,057
Mar 2009284342.144.06$3,506
Feb 2009278432.814.63$3,698
Jan 2009283335.865.37$4,546
Dec 2008176537.105.98$4,610
Nov 2008274355.496.86$5,208
Oct 2008288875.246.92$6,297
Sep 20081932101.767.88$7,443
Aug 20082989114.228.48$8,618
Jul 20081827131.0811.39$9,550
Jun 20082892131.3313.03$11,888
May 20081962123.1711.57$11,258
Apr 20082918110.3110.45$9,818
Mar 20082908101.909.66$8,979
Feb 2008299292.538.77$8,885
Jan 200831,04890.388.21$8,871
Dec 200741,06888.337.30$8,152
Nov 200741,32791.677.29$10,043
Oct 200751,64182.856.92$11,773
Sep 200781,96075.846.24$12,845
Aug 2007251,94969.066.39$14,177
Jul 2007531,92970.906.39$16,080
Jun 2007541,92262.007.55$17,856
May 2007562,03358.747.85$19,241
Apr 2007211,89359.617.81$16,027
Mar 200731,89756.927.30$14,023
Feb 200731,91055.108.22$15,858
Jan 200732,05550.306.73$13,975
Dec 200632,09056.656.92$14,629
Nov 200632,31454.207.62$17,789
Oct 200642,37854.906.01$14,520
Sep 200632,38260.085.04$12,179
Aug 200642,54768.717.34$18,970
Jul 200642,55569.376.34$16,483
Jun 200642,65666.286.38$17,221
May 200642,80766.016.42$18,299
Apr 200652,66664.397.36$19,945
Mar 200672,79356.707.08$20,180
Feb 200672,63457.597.75$20,820
Jan 200663,10560.598.93$28,102
Dec 200572,84754.9413.42$38,578
Nov 200562,75854.6910.59$29,531
Oct 2005173,02558.3413.80$42,724
Sep 2005253,14261.4512.08$39,488
Aug 2005583,38261.519.80$36,700
Jul 2005893,67155.697.84$33,750
Jun 20051023,88052.337.38$33,976
May 2005873,69445.226.65$28,504
Apr 2005954,00549.207.36$34,153
Mar 20051213,70250.377.15$32,582
Feb 2005954,21445.226.31$30,894
Jan 20051445,52343.166.32$41,133
Dec 20042596,42239.866.75$53,679
Nov 20042436,58645.286.33$52,695
Oct 20042748,15849.706.52$66,768
Sep 20042249,00043.245.28$57,241
Aug 200424314,30342.375.55$89,687
Jul 200478720,84638.286.08$156,957
Jun 20043787,61736.106.43$62,646
May 200474,18637.486.49$27,449
Apr 200473,85434.475.86$22,820
Mar 2004134,24634.365.53$23,928
Feb 2004124,25332.455.51$23,822
Jan 2004244,87432.036.30$31,473
Dec 2003305,24730.266.30$33,973
Nov 2003205,73728.804.60$26,938
Oct 2003246,57828.174.76$31,985
Sep 2003577,83326.314.75$38,701
Aug 20031039,28929.765.13$50,715
Jul 200334415,07929.415.17$88,088

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                   57 Mcf  × $  3.05 =       $174

────────────────────────────────────────────────────
Month total                                     $174

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/196280 is the state's own key, not one this site invented.