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 199525District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$731 k
Dec 2003 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
270
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 Gas112004-06-02156947
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
CondensateDisposition524 bbl$24,516
GasProduction121,577 Mcf$706,191
Total$730,707

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 28.3330, -98.4443. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33301, -98.44428 · 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
11,051 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 11,051 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-3113371220611,051 ftDec 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 (270)

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

270 months

May 20260149106.413.05$454
Apr 2026021598.932.87$617
Mar 2026023589.753.15$740
Feb 2026017363.503.75$649
Jan 2026011059.138.00$880
Dec 2025031856.664.41$1,403
Nov 2025029358.593.93$1,150
Oct 2025021159.383.30$697
Sep 2025046062.743.08$1,415
Aug 20250063.933.01$0
Jul 2025072366.743.32$2,397
Jun 2025065266.483.13$2,040
May 2025031260.553.23$1,008
Apr 2025061462.363.54$2,175
Mar 2025030367.704.27$1,293
Feb 2025037270.884.34$1,615
Jan 2025014874.324.28$633
Dec 2024028168.993.12$877
Nov 2024085669.052.20$1,882
Oct 2024024371.372.28$554
Sep 2024713969.612.36$816
Aug 2024040175.632.06$828
Jul 2024063179.932.15$1,355
Jun 2024038378.082.63$1,009
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240873.023.30$26
Dec 2023057671.262.61$1,504
Nov 2023237177.892.81$1,197
Oct 2023020185.443.09$621
Sep 20230089.042.74$0
Aug 2023021480.522.67$572
Jul 2023021874.852.64$576
Jun 2023223468.962.26$666
May 2023046570.622.23$1,036
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023020476.533.39$691
Dec 2022022776.415.73$1,301
Nov 2022028385.005.65$1,598
Oct 2022012287.185.86$715
Sep 2022022584.888.16$1,837
Aug 2022012194.529.13$1,104
Jul 20220306101.587.54$2,308
Jun 2022090115.097.98$718
May 20220204109.378.43$1,720
Apr 20220251104.226.84$1,716
Mar 20220222108.885.08$1,127
Feb 2022025091.054.86$1,215
Jan 2022043381.844.54$1,965
Dec 2021024771.323.90$963
Nov 202104077.435.24$209
Oct 2021032379.795.71$1,846
Sep 2021020769.865.35$1,108
Aug 2021018266.024.22$768
Jul 2021011970.783.98$474
Jun 2021014069.493.38$473
May 2021047263.483.02$1,424
Apr 2021021060.362.76$579
Mar 20210061.302.72$0
Feb 202102457.805.55$133
Jan 202105350.412.81$149
Dec 202006144.642.68$163
Nov 20200638.772.71$16
Oct 202003736.972.48$92
Sep 202003837.091.99$76
Aug 20200039.982.39$0
Jul 20201038.371.83$38
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 201905955.302.75$162
Oct 201904253.472.42$102
Sep 2019037355.052.66$991
Aug 2019233853.112.30$885
Jul 201902856.272.46$69
Jun 2019026852.782.49$668
May 2019010358.482.74$282
Apr 2019020462.632.75$561
Mar 20190056.803.06$0
Feb 2019060550.852.79$1,689
Jan 2019148346.033.23$1,605
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018086061.443.40$2,922
Sep 2018052459.543.11$1,629
Aug 20180059.403.07$0
Jul 201801,34265.142.93$3,935
Jun 2018026060.183.08$800
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 201504238.792.17$91
Oct 20152043.552.43$87
Sep 201506242.992.76$171
Aug 2015013240.162.87$379
Jul 201502748.152.95$80
Jun 20150056.152.88$0
May 2015211755.212.96$456
Apr 20152049.822.71$100
Mar 201509042.892.93$264
Feb 201509744.662.98$289
Jan 2015012043.433.10$372
Dec 2014016454.693.59$589
Nov 201407970.464.25$336
Oct 201405978.303.90$230
Sep 2014012586.164.05$506
Aug 2014020189.394.04$811
Jul 2014012996.564.18$539
Jun 2014118898.164.74$989
May 201407494.734.73$350
Apr 2014115695.944.81$846
Mar 2014018995.895.06$956
Feb 201405197.406.19$316
Jan 2014016390.404.86$792
Dec 2013116491.824.35$806
Nov 2013013888.853.74$516
Oct 2013015897.423.78$597
Sep 20130246104.113.72$915
Aug 20130344104.253.52$1,212
Jul 20130216102.523.72$803
Jun 2013126794.403.93$1,145
May 2013131994.834.15$1,418
Apr 2013133693.964.28$1,533
Mar 2013129093.623.91$1,228
Feb 2013142791.233.42$1,552
Jan 2013134491.603.42$1,268
Dec 2012134786.773.42$1,274
Nov 2012137386.953.62$1,439
Oct 2012138789.383.40$1,405
Sep 2012138394.672.92$1,212
Aug 2012131792.662.91$1,015
Jul 2012131285.133.02$1,028
Jun 2012140179.822.52$1,090
May 2012119391.612.49$572
Apr 20121255101.652.00$611
Mar 20121297105.052.22$765
Feb 20121327101.102.57$942
Jan 2012146898.092.73$1,378
Dec 2011134196.873.24$1,202
Nov 2011134695.723.31$1,241
Oct 2011137484.983.65$1,450
Sep 2011139483.623.99$1,654
Aug 2011027583.404.15$1,141
Jul 2011143694.144.52$2,064
Jun 2011157792.904.64$2,770
May 2011146698.134.40$2,151
Apr 20111406105.964.33$1,865
Mar 2011136396.364.06$1,569
Feb 2011136885.644.18$1,624
Jan 2011266586.504.59$3,225
Dec 2010283885.734.35$3,815
Nov 2010112780.843.80$563
Oct 2010151878.103.51$1,896
Sep 2010140972.633.98$1,700
Aug 2010136173.684.42$1,669
Jul 2010124472.554.74$1,228
Jun 2010045670.364.91$2,239
May 2010157371.124.24$2,498
Apr 2010128181.694.12$1,240
Mar 2010142578.394.39$1,944
Feb 2010166373.585.44$3,682
Jan 2010040374.365.96$2,404
Dec 2009185971.445.48$4,782
Nov 2009167674.593.75$2,611
Oct 2009153372.544.11$2,263
Sep 2009147165.543.06$1,509
Aug 2009180367.423.22$2,652
Jul 2009061061.133.46$2,113
Jun 2009151166.163.90$2,057
May 2009159554.743.93$2,391
Apr 2009149646.773.59$1,826
Mar 2009137942.144.06$1,581
Feb 2009140232.814.63$1,895
Jan 2009136735.865.37$2,007
Dec 2008071937.105.98$4,298
Nov 2008064855.496.86$4,446
Oct 2008061875.246.92$4,278
Sep 20080570101.767.88$4,490
Aug 20081542114.228.48$4,712
Jul 20081523131.0811.39$6,088
Jun 20081532131.3313.03$7,065
May 20081572123.1711.57$6,744
Apr 20081545110.3110.45$5,808
Mar 20081558101.909.66$5,494
Feb 200815792.538.77$592
Jan 2008111290.388.21$1,009
Dec 200719188.337.30$753
Nov 200716091.677.29$529
Oct 2007243382.856.92$3,163
Sep 200746075.846.24$678
Aug 2007322069.066.39$1,613
Jul 2007150970.906.39$3,322
Jun 2007154362.007.55$4,161
May 2007156258.747.85$4,468
Apr 2007249659.617.81$3,991
Mar 2007265656.927.30$4,904
Feb 2007236655.108.22$3,117
Jan 2007550750.306.73$3,662
Dec 2006552056.656.92$3,881
Nov 2006454354.207.62$4,353
Oct 2006674654.906.01$4,816
Sep 2006488160.085.04$4,678
Aug 2006794368.717.34$7,403
Jul 2006697269.376.34$6,581
Jun 2006689566.286.38$6,111
May 2006675966.016.42$5,273
Apr 2006581964.397.36$6,350
Mar 2006577156.707.08$5,744
Feb 2006576157.597.75$6,187
Jan 2006584960.598.93$7,887
Dec 200551,27754.9413.42$17,406
Nov 200551,32754.6910.59$14,324
Oct 200551,23358.3413.80$17,302
Sep 200561,32761.4512.08$16,398
Aug 200531,33761.519.80$13,283
Jul 200531,21455.697.84$9,689
Jun 200541,42352.337.38$10,713
May 200541,54245.226.65$10,437
Apr 200531,49849.207.36$11,174
Mar 200541,62150.377.15$11,800
Feb 200531,52745.226.31$9,774
Jan 200531,77143.166.32$11,326
Dec 200441,82639.866.75$12,487
Nov 200431,82745.286.33$11,702
Oct 200432,01849.706.52$13,297
Sep 200432,06743.245.28$11,052
Aug 200432,28742.375.55$12,821
Jul 200432,42738.286.08$14,881
Jun 200422,53236.106.43$16,361
May 200433,16537.486.49$20,668
Apr 200433,79534.475.86$22,336
Mar 2004116,14334.365.53$34,350
Feb 2004317432.455.51$1,056
Jan 2004744,97332.036.30$33,698
Dec 20031883,60830.266.30$28,425

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                  149 Mcf  × $  3.05 =       $454

────────────────────────────────────────────────────
Month total                                     $454

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/199525 is the state's own key, not one this site invented.