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 199881District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 2004 – May 2026
Value, last 12 filed months
$16 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 Gas112004-06-02156948
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
CondensateDisposition960 bbl$47,580
GasProduction278,642 Mcf$1,715,186
Total$1,762,766

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 28.3462, -98.4650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34622, -98.46496 · 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
10,650 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 10,650 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-3113369820510,650 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 20260469106.413.05$1,429
Apr 2026121298.932.87$707
Mar 2026121489.753.15$764
Feb 2026134363.503.75$1,350
Jan 202618859.138.00$763
Dec 2025252556.664.41$2,430
Nov 2025272758.593.93$2,972
Oct 2025064359.383.30$2,125
Sep 2025033062.743.08$1,015
Aug 2025019163.933.01$576
Jul 2025031766.743.32$1,051
Jun 2025025266.483.13$788
May 2025015360.553.23$495
Apr 2025043062.363.54$1,524
Mar 2025010667.704.27$452
Feb 2025079970.884.34$3,468
Jan 2025038974.324.28$1,664
Dec 2024026368.993.12$821
Nov 202406869.052.20$149
Oct 2024013871.372.28$315
Sep 202402969.612.36$69
Aug 2024014175.632.06$291
Jul 20240079.932.15$0
Jun 202407078.082.63$184
May 2024026378.812.20$578
Apr 2024016684.451.66$275
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023014771.262.61$384
Nov 202304977.892.81$138
Oct 2023018685.443.09$574
Sep 2023021289.042.74$580
Aug 202308680.522.67$230
Jul 202306474.852.64$169
Jun 202307768.962.26$174
May 2023019070.622.23$423
Apr 2023024178.122.24$539
Mar 2023012572.852.39$299
Feb 2023021075.112.47$518
Jan 202309876.533.39$332
Dec 2022013376.415.73$762
Nov 2022033485.005.65$1,886
Oct 2022016987.185.86$991
Sep 2022017884.888.16$1,453
Aug 2022011494.529.13$1,041
Jul 2022086101.587.54$649
Jun 2022075115.097.98$598
May 20220168109.378.43$1,417
Apr 20220121104.226.84$827
Mar 20220218108.885.08$1,107
Feb 2022025191.054.86$1,220
Jan 2022041681.844.54$1,888
Dec 2021055771.323.90$2,172
Nov 2021051377.435.24$2,687
Oct 2021066179.795.71$3,777
Sep 2021049369.865.35$2,638
Aug 2021026166.024.22$1,102
Jul 2021015770.783.98$625
Jun 2021015269.493.38$514
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 20200438.772.71$11
Oct 202001136.972.48$27
Sep 202001737.091.99$34
Aug 2020021739.982.39$518
Jul 2020038838.371.83$708
Jun 202008034.901.69$135
May 2020032916.921.81$597
Apr 202003314.751.80$60
Mar 2020024830.341.86$460
Feb 2020032249.881.98$638
Jan 2020026357.252.09$551
Dec 2019053659.012.30$1,235
Nov 2019079955.302.75$2,198
Oct 2019027053.472.42$653
Sep 2019022655.052.66$601
Aug 2019013853.112.30$318
Jul 2019033756.272.46$829
Jun 2019012052.782.49$299
May 2019026058.482.74$712
Apr 2019022662.632.75$622
Mar 2019041856.803.06$1,280
Feb 2019032450.852.79$905
Jan 2019047346.033.23$1,527
Dec 2018031646.594.19$1,323
Nov 2018041452.934.24$1,754
Oct 2018239061.443.40$1,448
Sep 2018140059.543.11$1,303
Aug 2018151859.403.07$1,648
Jul 2018247865.142.93$1,532
Jun 2018260360.183.08$1,976
May 2018115165.382.90$503
Apr 2018114963.842.90$496
Mar 201809461.222.79$262
Feb 2018010761.782.77$296
Jan 201805562.874.01$221
Dec 2017123457.272.92$741
Nov 2017145955.423.12$1,487
Oct 2017121249.292.98$682
Sep 2017010947.523.09$337
Aug 20170045.373.00$0
Jul 201709043.873.09$278
Jun 201704742.493.09$145
May 2017110645.373.26$391
Apr 201718647.933.21$324
Mar 2017118746.772.98$605
Feb 201705650.452.95$165
Jan 20170749.413.42$24
Dec 2016112448.763.72$510
Nov 2016127042.492.64$756
Oct 20160046.193.09$0
Sep 201617441.553.10$271
Aug 2016140941.442.92$1,238
Jul 2016145341.622.92$1,366
Jun 2016117545.352.69$515
May 2016119142.521.99$423
Apr 2016150036.561.99$1,032
Mar 2016140933.011.79$767
Feb 2016017326.472.06$357
Jan 2016123727.352.36$588
Dec 2015135932.362.00$751
Nov 2015162938.792.17$1,402
Oct 2015129343.552.43$755
Sep 2015159942.992.76$1,695
Aug 2015174540.162.87$2,180
Jul 2015134648.152.95$1,067
Jun 2015164756.152.88$1,921
May 2015182555.212.96$2,493
Apr 201521,25549.822.71$3,496
Mar 201541,30442.892.93$3,998
Feb 2015111,57044.662.98$5,164
Jan 201561,35943.433.10$4,474
Dec 2014481254.693.59$3,135
Nov 2014328370.464.25$1,415
Oct 2014332578.303.90$1,503
Sep 2014331986.164.05$1,549
Aug 2014215089.394.04$784
Jul 2014346296.564.18$2,221
Jun 2014227898.164.74$1,513
May 2014227294.734.73$1,475
Apr 201441,15495.944.81$5,933
Mar 2014485995.895.06$4,727
Feb 201422,04997.406.19$12,882
Jan 2014118790.404.86$999
Dec 2013235991.824.35$1,747
Nov 2013224088.853.74$1,075
Oct 2013555697.423.78$2,588
Sep 20133368104.113.72$1,680
Aug 201351,110104.253.52$4,431
Jul 201313,398102.523.72$12,735
Jun 201303894.403.93$149
May 2013119294.834.15$891
Apr 2013226093.964.28$1,301
Mar 2013221693.623.91$1,032
Feb 2013220791.233.42$890
Jan 2013224491.603.42$1,018
Dec 2012226186.773.42$1,066
Nov 2012228686.953.62$1,211
Oct 2012121089.383.40$803
Sep 2012115194.672.92$535
Aug 2012327592.662.91$1,078
Jul 2012223685.133.02$883
Jun 2012124279.822.52$689
May 2012229991.612.49$927
Apr 20122188101.652.00$579
Mar 20122276105.052.22$823
Feb 20122265101.102.57$883
Jan 2012227198.092.73$937
Dec 2011226696.873.24$1,056
Nov 2011221995.723.31$917
Oct 2011233984.983.65$1,407
Sep 2011122983.623.99$996
Aug 2011133483.404.15$1,469
Jul 2011121994.144.52$1,083
Jun 2011330092.904.64$1,671
May 2011454098.134.40$2,771
Apr 20114589105.964.33$2,976
Mar 201141,48296.364.06$6,398
Feb 201122,88985.644.18$12,247
Jan 2011322986.504.59$1,310
Dec 2010430885.734.35$1,682
Nov 2010227280.843.80$1,194
Oct 2010234078.103.51$1,349
Sep 2010436272.633.98$1,731
Aug 2010451173.684.42$2,553
Jul 2010240472.554.74$2,059
Jun 2010244370.364.91$2,316
May 2010346371.124.24$2,174
Apr 2010350981.694.12$2,344
Mar 201041,15378.394.39$5,374
Feb 201022,61673.585.44$14,384
Jan 2010229374.365.96$1,896
Dec 2009430371.445.48$1,947
Nov 2009325574.593.75$1,180
Oct 2009216172.544.11$807
Sep 2009327065.543.06$1,024
Aug 2009228667.423.22$1,055
Jul 2009121961.133.46$820
Jun 2009235766.163.90$1,523
May 2009237554.743.93$1,582
Apr 2009356046.773.59$2,149
Mar 2009265642.144.06$2,747
Feb 200921,23032.814.63$5,764
Jan 200921,54435.865.37$8,365
Dec 200811,73837.105.98$10,425
Nov 200821,57055.496.86$10,882
Oct 200822,60375.246.92$18,168
Sep 20081674101.767.88$5,411
Aug 20081988114.228.48$8,495
Jul 200811,352131.0811.39$15,530
Jun 200821,404131.3313.03$18,560
May 200811,615123.1711.57$18,816
Apr 200821,679110.3110.45$17,774
Mar 200822,050101.909.66$20,015
Feb 200821,95092.538.77$17,288
Jan 200821,84890.388.21$15,345
Dec 200722,30988.337.30$17,037
Nov 200722,99291.677.29$22,000
Oct 200722,58682.856.92$18,066
Sep 200724,14475.846.24$26,027
Aug 200712,19569.066.39$14,091
Jul 200711,02670.906.39$6,625
Jun 200721,28362.007.55$9,809
May 200732,06158.747.85$16,347
Apr 200742,69159.617.81$21,242
Mar 200754,43856.927.30$32,691
Feb 200746,52155.108.22$53,797
Jan 200731,45950.306.73$9,965
Dec 200631,88556.656.92$13,211
Nov 200632,61554.207.62$20,082
Oct 200635,16754.906.01$31,238
Sep 200626,55360.085.04$33,129
Aug 200638,30368.717.34$61,149
Jul 2006311,16669.376.34$71,031
Jun 200611,42866.286.38$9,182
May 200632,02966.016.42$13,234
Apr 200631,93764.397.36$14,450
Mar 200631,98256.707.08$14,208
Feb 200631,80957.597.75$14,195
Jan 200631,98060.598.93$17,870
Dec 200531,82254.9413.42$24,608
Nov 200532,07554.6910.59$22,135
Oct 200522,37858.3413.80$32,923
Sep 200532,14161.4512.08$26,045
Aug 200532,37861.519.80$23,481
Jul 200542,41455.697.84$19,157
Jun 200542,37252.337.38$17,717
May 200542,97045.226.65$19,935
Apr 200532,71949.207.36$20,161
Mar 200542,91350.377.15$21,044
Feb 200533,06045.226.31$19,450
Jan 200532,60943.166.32$16,624
Dec 200434,36439.866.75$29,581
Nov 200431,89245.286.33$12,113
Oct 200434,18949.706.52$27,441
Sep 2004113,80643.245.28$20,586
Aug 20041034,25642.375.55$27,988
Jul 20041015,04538.286.08$34,561
Jun 2004736,26636.106.43$42,945
May 2004607,35637.486.49$50,023
Apr 2004467,24734.475.86$44,042
Mar 2004157,84234.365.53$43,883
Feb 2004859,24332.455.51$53,684
Jan 20049710,10832.036.30$66,784

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                  469 Mcf  × $  3.05 =     $1,429

────────────────────────────────────────────────────
Month total                                   $1,429

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/199881 is the state's own key, not one this site invented.