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 196283District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jun 2003 – May 2026
Value, last 12 filed months
$0
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 Gas112004-05-14157259
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
CondensateDisposition4,000 bbl$172,987
GasProduction423,279 Mcf$2,641,988
Total$2,814,975

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 28.3523, -98.4584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35228, -98.45843 · 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
10,545 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 10,545 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-3113368420210,545 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 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 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 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020029034.901.69$490
May 202001416.921.81$25
Apr 202002114.751.80$38
Mar 2020013130.341.86$243
Feb 202006949.881.98$137
Jan 2020013857.252.09$289
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 20160746.193.09$22
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 20160136.561.99$2
Mar 20160433.011.79$7
Feb 20160326.472.06$6
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 20150438.792.17$9
Oct 20150143.552.43$2
Sep 20150742.992.76$19
Aug 201501240.162.87$34
Jul 20150548.152.95$15
Jun 201501056.152.88$29
May 20150755.212.96$21
Apr 20150549.822.71$14
Mar 201501742.892.93$50
Feb 201502344.662.98$68
Jan 201502343.433.10$71
Dec 201402154.693.59$75
Nov 201403370.464.25$140
Oct 201403878.303.90$148
Sep 201402486.164.05$97
Aug 201402489.394.04$97
Jul 201404396.564.18$180
Jun 201401198.164.74$52
May 201403494.734.73$161
Apr 201405895.944.81$279
Mar 201405395.895.06$268
Feb 201407097.406.19$433
Jan 201401,14190.404.86$5,546
Dec 2013019891.824.35$862
Nov 201309288.853.74$344
Oct 2013119697.423.78$838
Sep 20132852104.113.72$3,376
Aug 201321,885104.253.52$6,849
Jul 20131987102.523.72$3,772
Jun 20130094.403.93$0
May 2013145594.834.15$1,983
Apr 2013126293.964.28$1,216
Mar 2013386493.623.91$3,662
Feb 2013115491.233.42$618
Jan 20130591.603.42$17
Dec 20120986.773.42$31
Nov 20120086.953.62$0
Oct 20120389.383.40$10
Sep 201208794.672.92$254
Aug 201207492.662.91$215
Jul 2012012385.133.02$372
Jun 2012011279.822.52$282
May 201201091.612.49$25
Apr 201241,360101.652.00$3,122
Mar 201244,373105.052.22$10,137
Feb 201246,388101.102.57$16,823
Jan 20124498.092.73$403
Dec 20115696.873.24$504
Nov 20115695.723.31$498
Oct 20114484.983.65$355
Sep 20113383.623.99$263
Aug 20114483.404.15$350
Jul 20114494.144.52$395
Jun 20113392.904.64$293
May 20114498.134.40$410
Apr 20110103105.964.33$446
Mar 20112296.364.06$201
Feb 201141,04885.644.18$4,723
Jan 2011175986.504.59$3,569
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100578.103.51$18
Sep 2010346872.633.98$2,080
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201007970.364.91$388
May 20100071.124.24$0
Apr 2010011081.694.12$454
Mar 2010129678.394.39$1,377
Feb 20100073.585.44$0
Jan 2010124574.365.96$1,536
Dec 200901871.445.48$99
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090465.543.06$12
Aug 20090167.423.22$3
Jul 2009283061.133.46$2,998
Jun 200935,08266.163.90$19,993
May 200939,31254.743.93$36,721
Apr 200931,13546.773.59$4,212
Mar 200921,19842.144.06$4,947
Feb 200921,14132.814.63$5,352
Jan 200921,23235.865.37$6,689
Dec 200811,05137.105.98$6,319
Nov 200821,01955.496.86$7,102
Oct 200821,26575.246.92$8,907
Sep 200811,327101.767.88$10,555
Aug 200821,429114.228.48$12,351
Jul 2008101,979131.0811.39$23,850
Jun 2008371,678131.3313.03$26,728
May 2008341,600123.1711.57$22,707
Apr 2008401,794110.3110.45$23,168
Mar 2008412,150101.909.66$24,956
Feb 2008333,76292.538.77$36,048
Jan 200822,78190.388.21$23,001
Dec 200722,30188.337.30$16,978
Nov 200721,65691.677.29$12,258
Oct 200731,42882.856.92$10,133
Sep 200721,48675.846.24$9,431
Aug 200731,35069.066.39$8,831
Jul 200741,23370.906.39$8,160
Jun 200751,36462.007.55$10,606
May 200761,59458.747.85$12,859
Apr 200791,56559.617.81$12,752
Mar 2007161,67456.927.30$13,134
Feb 2007141,56955.108.22$13,662
Jan 200731,80950.306.73$12,320
Dec 200631,49556.656.92$10,513
Nov 200631,56854.207.62$12,107
Oct 200641,49754.906.01$9,222
Sep 200631,41860.085.04$7,323
Aug 200651,67468.717.34$12,631
Jul 2006792,69469.376.34$22,568
Jun 2006754,68566.286.38$34,879
May 2006735,48166.016.42$40,034
Apr 200684,88864.397.36$36,493
Mar 200674,87556.707.08$34,926
Feb 200674,70557.597.75$36,872
Jan 200665,47560.598.93$49,273
Dec 200574,40954.9413.42$59,533
Nov 200563,60454.6910.59$38,489
Oct 200573,54658.3413.80$49,328
Sep 200584,18161.4512.08$50,994
Aug 2005134,75661.519.80$47,393
Jul 2005175,29655.697.84$42,487
Jun 2005205,44652.337.38$41,244
May 2005205,98445.226.65$40,705
Apr 2005326,26549.207.36$47,688
Mar 2005446,38950.377.15$47,929
Feb 2005456,07445.226.31$40,374
Jan 20051257,44243.166.32$52,445
Dec 20041308,35539.866.75$61,587
Nov 20041279,25045.286.33$64,307
Oct 200413711,16949.706.52$79,576
Sep 200411211,94843.245.28$67,975
Aug 200412113,89942.375.55$82,275
Jul 200413813,43838.286.08$87,042
Jun 200425,34536.106.43$34,457
May 2004548,35437.486.49$56,280
Apr 20044147,24034.475.86$56,686
Mar 20044557,48234.365.53$57,010
Feb 20041447,35032.455.51$45,169
Jan 200456,45532.036.30$40,824
Dec 200349,56230.266.30$60,377
Nov 2003611,89628.804.60$54,837
Oct 20034014,46728.174.76$69,985
Sep 200311116,56326.314.75$81,584
Aug 200313420,35829.765.13$108,419
Jul 200335527,78429.415.17$154,107
Jun 200353123,71428.565.98$157,045

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.

Jun 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                  290 Mcf  × $  1.69 =       $490

────────────────────────────────────────────────────
Month total                                     $490

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/196283 is the state's own key, not one this site invented.