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 199878District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 2004 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
269
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 Gas112004-06-02156945
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
CondensateDisposition632 bbl$26,486
GasProduction212,806 Mcf$1,434,101
Total$1,460,588

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 28.3217, -98.4550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32173, -98.45502 · 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
11,121 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 11,121 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-3113371421711,121 ftJan 2004

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 (269)

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

269 months

May 20260196106.413.05$597
Apr 2026018798.932.87$537
Mar 2026021689.753.15$680
Feb 2026027763.503.75$1,039
Jan 2026011059.138.00$880
Dec 2025035656.664.41$1,571
Nov 2025018958.593.93$742
Oct 2025048259.383.30$1,593
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025053666.743.32$1,777
Jun 2025095966.483.13$3,000
May 2025010660.553.23$343
Apr 2025016962.363.54$599
Mar 20250067.704.27$0
Feb 202508370.884.34$360
Jan 2025014474.324.28$616
Dec 2024032868.993.12$1,024
Nov 2024065569.052.20$1,440
Oct 202408071.372.28$183
Sep 20241166969.612.36$2,347
Aug 2024054475.632.06$1,123
Jul 2024017379.932.15$371
Jun 2024027978.082.63$735
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 2023032871.262.61$856
Nov 2023111377.892.81$395
Oct 202307585.443.09$232
Sep 20230089.042.74$0
Aug 2023023380.522.67$623
Jul 2023018274.852.64$481
Jun 2023115668.962.26$421
May 2023016470.622.23$365
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023010476.533.39$352
Dec 2022013076.415.73$745
Nov 2022020185.005.65$1,135
Oct 2022012087.185.86$704
Sep 2022019684.888.16$1,600
Aug 202206394.529.13$575
Jul 20220208101.587.54$1,569
Jun 20220118115.097.98$941
May 20220116109.378.43$978
Apr 20220135104.226.84$923
Mar 20220245108.885.08$1,244
Feb 2022035991.054.86$1,744
Jan 2022026981.844.54$1,221
Dec 2021019771.323.90$768
Nov 202103777.435.24$194
Oct 2021015679.795.71$891
Sep 2021023269.865.35$1,241
Aug 2021014566.024.22$612
Jul 202107970.783.98$315
Jun 202109469.493.38$318
May 202101163.483.02$33
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202107357.805.55$405
Jan 202102650.412.81$73
Dec 202006144.642.68$163
Nov 202004038.772.71$108
Oct 202005836.972.48$144
Sep 202002537.091.99$50
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 20150143.552.43$2
Sep 20150042.992.76$0
Aug 20150440.162.87$11
Jul 20150448.152.95$12
Jun 20150256.152.88$6
May 20150055.212.96$0
Apr 20150249.822.71$5
Mar 20150642.892.93$18
Feb 20150344.662.98$9
Jan 20150443.433.10$12
Dec 20140854.693.59$29
Nov 201406470.464.25$272
Oct 201401178.303.90$43
Sep 20140686.164.05$24
Aug 20140789.394.04$28
Jul 20140496.564.18$17
Jun 20140298.164.74$9
May 20140594.734.73$24
Apr 20140295.944.81$10
Mar 201402295.895.06$111
Feb 20140697.406.19$37
Jan 201401190.404.86$53
Dec 20130191.824.35$4
Nov 201301288.853.74$45
Oct 201301697.423.78$60
Sep 2013033104.113.72$123
Aug 2013024104.253.52$85
Jul 2013022102.523.72$82
Jun 201302694.403.93$102
May 201301894.834.15$75
Apr 2013019993.964.28$852
Mar 2013049193.623.91$1,921
Feb 201306891.233.42$233
Jan 2013010391.603.42$352
Dec 201204386.773.42$147
Nov 201204186.953.62$149
Oct 2012025289.383.40$857
Sep 201206994.672.92$201
Aug 201207092.662.91$204
Jul 201204785.133.02$142
Jun 201201779.822.52$43
May 2012017491.612.49$433
Apr 20120298101.652.00$595
Mar 2012095105.052.22$211
Feb 2012048101.102.57$123
Jan 2012036698.092.73$1,001
Dec 2011035996.873.24$1,163
Nov 201104795.723.31$156
Oct 201103284.983.65$117
Sep 20110683.623.99$24
Aug 20110283.404.15$8
Jul 20110294.144.52$9
Jun 2011065192.904.64$3,021
May 201101,33498.134.40$5,876
Apr 201101,248105.964.33$5,408
Mar 2011091696.364.06$3,717
Feb 2011082385.644.18$3,440
Jan 2011053586.504.59$2,455
Dec 2010158685.734.35$2,634
Nov 201002580.843.80$95
Oct 201005778.103.51$200
Sep 2010226372.633.98$1,192
Aug 2010225673.684.42$1,279
Jul 201003772.554.74$175
Jun 2010137270.364.91$1,897
May 20100371.124.24$13
Apr 20100981.694.12$37
Mar 201002378.394.39$101
Feb 201001973.585.44$103
Jan 20100174.365.96$6
Dec 20090071.445.48$0
Nov 20090274.593.75$8
Oct 200903372.544.11$136
Sep 20090365.543.06$9
Aug 200901667.423.22$52
Jul 2009011161.133.46$385
Jun 2009129766.163.90$1,223
May 2009132854.743.93$1,342
Apr 2009128046.773.59$1,051
Mar 200907942.144.06$321
Feb 2009116732.814.63$807
Jan 2009260835.865.37$3,337
Dec 200811,29237.105.98$7,760
Nov 200811,25655.496.86$8,672
Oct 2008022975.246.92$1,585
Sep 2008077101.767.88$607
Aug 20081492114.228.48$4,288
Jul 200821,284131.0811.39$14,886
Jun 200821,757131.3313.03$23,161
May 20080301123.1711.57$3,484
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008212890.388.21$1,231
Dec 2007215888.337.30$1,330
Nov 2007214991.677.29$1,270
Oct 2007267082.856.92$4,803
Sep 2007228975.846.24$1,956
Aug 2007227769.066.39$1,908
Jul 2007295170.906.39$6,217
Jun 200721,45962.007.55$11,137
May 200731,55158.747.85$12,346
Apr 200721,38459.617.81$10,922
Mar 200731,88456.927.30$13,928
Feb 200721,24355.108.22$10,323
Jan 200731,41950.306.73$9,696
Dec 200631,58456.656.92$11,129
Nov 200631,39154.207.62$10,759
Oct 200641,60854.906.01$9,890
Sep 200631,52260.085.04$7,847
Aug 200641,66068.717.34$12,459
Jul 200641,84769.376.34$11,993
Jun 200641,78766.286.38$11,673
May 200641,86266.016.42$12,227
Apr 200631,97464.397.36$14,723
Mar 200632,10356.707.08$15,065
Feb 200632,01957.597.75$15,822
Jan 200632,43860.598.93$21,961
Dec 200533,74554.9413.42$50,405
Nov 200534,15954.6910.59$44,201
Oct 200583,81558.3413.80$53,098
Sep 2005153,63661.4512.08$44,841
Aug 2005124,81161.519.80$47,871
Jul 200546,00355.697.84$47,308
Jun 200544,63352.337.38$34,406
May 200554,27145.226.65$28,633
Apr 200533,90649.207.36$28,898
Mar 200542,97750.377.15$21,502
Feb 200533,73245.226.31$23,692
Jan 200555,14543.166.32$32,744
Dec 200484,77039.866.75$32,522
Nov 200474,72545.286.33$30,228
Oct 200445,36349.706.52$35,139
Sep 200446,25443.245.28$33,218
Aug 200445,13842.375.55$28,689
Jul 2004236,65038.286.08$41,340
Jun 2004188,49036.106.43$55,266
May 2004236,05937.486.49$40,213
Apr 2004299,29934.475.86$55,477
Mar 200411313,32034.365.53$77,544
Feb 20047516,19032.455.51$91,635
Jan 200415311,93432.036.30$80,080

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                  196 Mcf  × $  3.05 =       $597

────────────────────────────────────────────────────
Month total                                     $597

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/199878 is the state's own key, not one this site invented.