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 196282District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jun 2003 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
276
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 Gas112004-05-14157260
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
CondensateDisposition3,560 bbl$182,982
GasProduction297,241 Mcf$1,788,110
Total$1,971,092

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 28.3433, -98.4621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34326, -98.46211 · 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
10,670 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 10,670 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-3113368520310,670 ftJun 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 (276)

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

276 months

May 20262399106.413.05$1,428
Apr 20261127598.932.87$1,877
Mar 20261026689.753.15$1,735
Feb 20261230563.503.75$1,906
Jan 2026931659.138.00$3,060
Dec 20251246356.664.41$2,723
Nov 2025833458.593.93$1,780
Oct 2025037859.383.30$1,249
Sep 2025134762.743.08$1,130
Aug 2025020363.933.01$612
Jul 2025129266.743.32$1,035
Jun 2025127866.483.13$936
May 2025324460.553.23$970
Apr 2025243462.363.54$1,662
Mar 2025136367.704.27$1,617
Feb 2025269470.884.34$3,154
Jan 202508374.324.28$355
Dec 2024017868.993.12$556
Nov 2024014569.052.20$319
Oct 2024018971.372.28$431
Sep 2024118069.612.36$495
Aug 2024011475.632.06$235
Jul 2024231679.932.15$838
Jun 2024219078.082.63$657
May 2024222078.812.20$641
Apr 2024224784.451.66$579
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240673.023.30$20
Dec 2023621171.262.61$978
Nov 202346577.892.81$494
Oct 2023125585.443.09$873
Sep 2023136189.042.74$1,076
Aug 2023131980.522.67$933
Jul 2023116074.852.64$498
Jun 2023126068.962.26$656
May 2023221770.622.23$625
Apr 2023711878.122.24$811
Mar 2023932772.852.39$1,438
Feb 2023926075.112.47$1,317
Jan 2023724176.533.39$1,352
Dec 2022919376.415.73$1,793
Nov 2022926385.005.65$2,250
Oct 2022323087.185.86$1,610
Sep 2022522584.888.16$2,261
Aug 2022426794.529.13$2,815
Jul 20223161101.587.54$1,519
Jun 20224200115.097.98$2,056
May 20223125109.378.43$1,382
Apr 20227173104.226.84$1,912
Mar 20227173108.885.08$1,640
Feb 20221137891.054.86$2,838
Jan 20221226981.844.54$2,203
Dec 20211147071.323.90$2,617
Nov 2021723277.435.24$1,757
Oct 20211645779.795.71$3,888
Sep 20211566869.865.35$4,622
Aug 2021821266.024.22$1,423
Jul 2021926770.783.98$1,700
Jun 20211327169.493.38$1,820
May 2021920063.483.02$1,175
Apr 2021718860.362.76$941
Mar 2021923261.302.72$1,182
Feb 2021610057.805.55$902
Jan 20211029850.412.81$1,342
Dec 20201115444.642.68$903
Nov 2020316338.772.71$557
Oct 2020314536.972.48$470
Sep 202027137.091.99$216
Aug 2020222239.982.39$609
Jul 2020224638.371.83$526
Jun 2020618134.901.69$515
May 2020026916.921.81$488
Apr 202022614.751.80$76
Mar 2020528230.341.86$675
Feb 2020828549.881.98$964
Jan 2020842557.252.09$1,348
Dec 2019437459.012.30$1,098
Nov 2019471355.302.75$2,182
Oct 2019477353.472.42$2,083
Sep 2019140355.052.66$1,126
Aug 2019230853.112.30$816
Jul 2019223656.272.46$693
Jun 2019529252.782.49$991
May 2019528658.482.74$1,076
Apr 2019628462.632.75$1,157
Mar 2019527156.803.06$1,114
Feb 2019425950.852.79$927
Jan 2019523246.033.23$979
Dec 2018518646.594.19$1,011
Nov 2018521752.934.24$1,184
Oct 2018117361.443.40$649
Sep 2018121459.543.11$725
Aug 2018117259.403.07$587
Jul 2018126965.142.93$854
Jun 2018118260.183.08$620
May 2018123865.382.90$756
Apr 2018125863.842.90$812
Mar 2018249161.222.79$1,491
Feb 2018128261.782.77$842
Jan 2018132962.874.01$1,382
Dec 2017119257.272.92$618
Nov 2017139355.423.12$1,281
Oct 2017128749.292.98$906
Sep 2017135147.523.09$1,131
Aug 2017128945.373.00$914
Jul 2017134243.873.09$1,100
Jun 2017125942.493.09$842
May 2017142345.373.26$1,426
Apr 2017132247.933.21$1,082
Mar 2017129546.772.98$927
Feb 2017120950.452.95$668
Jan 2017240449.413.42$1,480
Dec 2016246248.763.72$1,817
Nov 2016261342.492.64$1,706
Oct 2016356446.193.09$1,881
Sep 201621,65241.553.10$5,205
Aug 2016182941.442.92$2,466
Jul 2016119041.622.92$597
Jun 2016246345.352.69$1,334
May 2016145442.521.99$946
Apr 2016158136.561.99$1,193
Mar 2016136933.011.79$695
Feb 2016141126.472.06$875
Jan 2016136527.352.36$890
Dec 2015136432.362.00$761
Nov 2015139738.792.17$899
Oct 2015133943.552.43$866
Sep 2015132142.992.76$928
Aug 2015457140.162.87$1,801
Jul 2015426248.152.95$964
Jun 2015529456.152.88$1,128
May 2015230855.212.96$1,021
Apr 2015242449.822.71$1,247
Mar 2015260742.892.93$1,867
Feb 2015173044.662.98$2,217
Jan 2015247043.433.10$1,544
Dec 2014245154.693.59$1,729
Nov 2014363870.464.25$2,924
Oct 2014184078.303.90$3,355
Sep 2014254286.164.05$2,365
Aug 2014242989.394.04$1,910
Jul 2014152096.564.18$2,270
Jun 2014132898.164.74$1,652
May 2014131894.734.73$1,598
Apr 2014144995.944.81$2,255
Mar 2014265195.895.06$3,484
Feb 2014145897.406.19$2,933
Jan 2014137390.404.86$1,903
Dec 2013154691.824.35$2,469
Nov 2013129588.853.74$1,192
Oct 2013260497.423.78$2,478
Sep 20131273104.113.72$1,119
Aug 20132509104.253.52$2,002
Jul 20132544102.523.72$2,227
Jun 2013241394.403.93$1,813
May 2013135594.834.15$1,568
Apr 2013125193.964.28$1,169
Mar 2013116293.623.91$728
Feb 2013330591.233.42$1,317
Jan 2013336991.603.42$1,537
Dec 2012113986.773.42$562
Nov 2012222986.953.62$1,004
Oct 2012354289.383.40$2,111
Sep 2012360594.672.92$2,050
Aug 2012477592.662.91$2,624
Jul 2012246385.133.02$1,569
Jun 2012260579.822.52$1,684
May 2012355591.612.49$1,656
Apr 20123542101.652.00$1,387
Mar 20122428105.052.22$1,161
Feb 20123477101.102.57$1,529
Jan 2012360398.092.73$1,943
Dec 2011340096.873.24$1,587
Nov 2011466995.723.31$2,598
Oct 2011473184.983.65$3,007
Sep 2011236483.623.99$1,618
Aug 2011242583.404.15$1,930
Jul 2011344894.144.52$2,306
Jun 2011237092.904.64$1,903
May 2011340998.134.40$2,096
Apr 20112374105.964.33$1,833
Mar 2011339996.364.06$1,908
Feb 2011542485.644.18$2,201
Jan 2011427986.504.59$1,626
Dec 2010634085.734.35$1,993
Nov 2010427180.843.80$1,352
Oct 2010644178.103.51$2,016
Sep 2010732172.633.98$1,786
Aug 20101091173.684.42$4,763
Jul 201061,15872.554.74$5,920
Jun 2010347870.364.91$2,558
May 2010459271.124.24$2,792
Apr 201008281.694.12$338
Mar 2010439078.394.39$2,025
Feb 201031,79573.585.44$9,990
Jan 201032,23874.365.96$13,571
Dec 200931,20471.445.48$6,817
Nov 2009569574.593.75$2,980
Oct 2009580072.544.11$3,651
Sep 2009367665.543.06$2,268
Aug 2009256767.423.22$1,960
Jul 2009254361.133.46$2,003
Jun 2009146266.163.90$1,866
May 2009142854.743.93$1,735
Apr 2009399846.773.59$3,721
Mar 2009168742.144.06$2,831
Feb 200921,17332.814.63$5,500
Jan 200921,46335.865.37$7,929
Dec 200811,52237.105.98$9,134
Nov 200811,19255.496.86$8,233
Oct 200821,86975.246.92$13,088
Sep 200811,629101.767.88$12,934
Aug 200812,507114.228.48$21,381
Jul 200811,095131.0811.39$12,603
Jun 200822,508131.3313.03$32,949
May 200816,837123.1711.57$79,257
Apr 200821,404110.3110.45$14,899
Mar 200821,453101.909.66$14,246
Feb 200821,64092.538.77$14,569
Jan 200841,79990.388.21$15,124
Dec 200741,66488.337.30$12,504
Nov 200751,57891.677.29$11,965
Oct 200751,46582.856.92$10,555
Sep 200751,50375.846.24$9,764
Aug 200751,45969.066.39$9,665
Jul 200741,44370.906.39$9,501
Jun 2007575462.007.55$6,002
May 2007111,21058.747.85$10,140
Apr 2007151,02859.617.81$8,918
Mar 2007241,75056.927.30$14,145
Feb 2007271,62155.108.22$14,806
Jan 2007822,11650.306.73$18,359
Dec 20061911,48856.656.92$21,115
Nov 20062431,65454.207.62$25,770
Oct 20063401,92454.906.01$30,237
Sep 20062683,00960.085.04$31,258
Aug 20061564,00168.717.34$40,086
Jul 200621,91669.376.34$12,291
Jun 2006497266.286.38$6,470
May 200682,15866.016.42$14,393
Apr 200662,51964.397.36$18,927
Mar 200672,58956.707.08$18,735
Feb 200672,28157.597.75$18,083
Jan 200652,77660.598.93$25,102
Dec 200532,76454.9413.42$37,245
Nov 200532,63654.6910.59$28,075
Oct 200532,88158.3413.80$39,921
Sep 200543,00161.4512.08$36,495
Aug 200543,01461.519.80$29,774
Jul 200543,23255.697.84$25,573
Jun 200553,20952.337.38$23,947
May 200553,14445.226.65$21,137
Apr 2005162,96249.207.36$22,589
Mar 2005392,94650.377.15$23,043
Feb 2005282,66645.226.31$18,094
Jan 2005363,00643.166.32$20,558
Dec 2004483,06639.866.75$22,612
Nov 2004462,98545.286.33$20,979
Oct 2004503,33449.706.52$24,206
Sep 2004413,51043.245.28$20,319
Aug 2004443,58342.375.55$21,752
Jul 2004353,69838.286.08$23,839
Jun 2004183,73936.106.43$24,703
May 2004294,12737.486.49$27,890
Apr 2004284,32734.475.86$26,315
Mar 2004444,86734.365.53$28,427
Feb 2004405,03532.455.51$29,039
Jan 2004565,92832.036.30$39,138
Dec 200396,47430.266.30$41,069
Nov 200367,22828.804.60$33,387
Oct 2003198,73528.174.76$42,111
Sep 2003578,81826.314.75$43,380
Aug 200311110,78829.765.13$58,643
Jul 200339214,80329.415.17$88,073
Jun 20031893,58928.565.98$26,871

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             2 bbl  × $106.41 =       $213
Gas                  399 Mcf  × $  3.05 =     $1,215

────────────────────────────────────────────────────
Month total                                   $1,428

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/196282 is the state's own key, not one this site invented.