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 200229District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Feb 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
268
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 Gas112004-07-07157284
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
CondensateDisposition557 bbl$26,646
GasProduction142,042 Mcf$973,694
Total$1,000,340

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 28.3541, -98.4482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35409, -98.44816 · 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
10,800 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 10,800 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-3113372620810,800 ftFeb 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 (268)

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

268 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 20200034.901.69$0
May 2020013216.921.81$240
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200657.252.09$13
Dec 201901559.012.30$35
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190155.052.66$3
Aug 20190053.112.30$0
Jul 20190256.272.46$5
Jun 20190052.782.49$0
May 201901158.482.74$30
Apr 20190262.632.75$6
Mar 20190156.803.06$3
Feb 20190250.852.79$6
Jan 20190046.033.23$0
Dec 20180146.594.19$4
Nov 20180352.934.24$13
Oct 20180061.443.40$0
Sep 20180159.543.11$3
Aug 20180159.403.07$3
Jul 20180165.142.93$3
Jun 20180160.183.08$3
May 20180265.382.90$6
Apr 20180263.842.90$6
Mar 20180461.222.79$11
Feb 20180261.782.77$6
Jan 20180362.874.01$12
Dec 20170157.272.92$3
Nov 20170255.423.12$6
Oct 20170249.292.98$6
Sep 20170147.523.09$3
Aug 20170245.373.00$6
Jul 20170043.873.09$0
Jun 20170242.493.09$6
May 20170445.373.26$13
Apr 20170547.933.21$16
Mar 20170846.772.98$24
Feb 201701050.452.95$30
Jan 20170949.413.42$31
Dec 201601048.763.72$37
Nov 201601542.492.64$40
Oct 20160746.193.09$22
Sep 20160741.553.10$22
Aug 201601241.442.92$35
Jul 20160741.622.92$20
Jun 201601445.352.69$38
May 20160842.521.99$16
Apr 20160836.561.99$16
Mar 201602433.011.79$43
Feb 201601226.472.06$25
Jan 201601427.352.36$33
Dec 20150532.362.00$10
Nov 201501238.792.17$26
Oct 20150043.552.43$0
Sep 20150242.992.76$6
Aug 20150540.162.87$14
Jul 20150848.152.95$24
Jun 20150756.152.88$20
May 20150555.212.96$15
Apr 201501149.822.71$30
Mar 20150742.892.93$21
Feb 20150244.662.98$6
Jan 20150643.433.10$19
Dec 20140654.693.59$22
Nov 201401470.464.25$60
Oct 201401178.303.90$43
Sep 20140586.164.05$20
Aug 20140689.394.04$24
Jul 201401296.564.18$50
Jun 20140898.164.74$38
May 201401294.734.73$57
Apr 201401295.944.81$58
Mar 201401195.895.06$56
Feb 201401397.406.19$81
Jan 201401390.404.86$63
Dec 201305691.824.35$244
Nov 201303488.853.74$127
Oct 201301197.423.78$42
Sep 2013032104.113.72$119
Aug 2013050104.253.52$176
Jul 2013034102.523.72$126
Jun 201302594.403.93$98
May 201303494.834.15$141
Apr 201305993.964.28$253
Mar 201307593.623.91$293
Feb 201306091.233.42$205
Jan 201319591.603.42$416
Dec 201203686.773.42$123
Nov 201201786.953.62$62
Oct 201205189.383.40$173
Sep 201206894.672.92$198
Aug 201218392.662.91$334
Jul 201205685.133.02$169
Jun 2012118479.822.52$543
May 2012232991.612.49$1,002
Apr 20122353101.652.00$908
Mar 20123514105.052.22$1,457
Feb 20123464101.102.57$1,496
Jan 2012381498.092.73$2,520
Dec 201101496.873.24$45
Nov 201102995.723.31$96
Oct 2011240684.983.65$1,651
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011254592.904.64$2,715
May 2011012598.134.40$551
Apr 2011029105.964.33$126
Mar 201108796.364.06$353
Feb 201101885.644.18$75
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010341072.633.98$1,849
Aug 201002173.684.42$93
Jul 2010018172.554.74$857
Jun 2010014470.364.91$707
May 2010011971.124.24$504
Apr 201008281.694.12$338
Mar 2010013278.394.39$579
Feb 20100073.585.44$0
Jan 201001374.365.96$78
Dec 200901871.445.48$99
Nov 200917274.593.75$345
Oct 2009433872.544.11$1,679
Sep 2009243865.543.06$1,473
Aug 2009131367.423.22$1,075
Jul 2009032361.133.46$1,119
Jun 2009135766.163.90$1,457
May 2009144854.743.93$1,813
Apr 2009160846.773.59$2,228
Mar 2009170642.144.06$2,908
Feb 2009076432.814.63$3,540
Jan 2009191535.865.37$4,950
Dec 200811,00837.105.98$6,062
Nov 2008084855.496.86$5,818
Oct 2008020375.246.92$1,405
Sep 20080283101.767.88$2,229
Aug 20080447114.228.48$3,792
Jul 20080362131.0811.39$4,123
Jun 20081569131.3313.03$7,547
May 20081581123.1711.57$6,848
Apr 20081592110.3110.45$6,300
Mar 20081756101.909.66$7,408
Feb 2008186692.538.77$7,688
Jan 200811,01590.388.21$8,419
Dec 200711,03388.337.30$7,631
Nov 200711,11791.677.29$8,237
Oct 200711,08882.856.92$7,614
Sep 200711,21275.846.24$7,644
Aug 200721,21469.066.39$7,893
Jul 200761,21070.906.39$8,155
Jun 200771,19562.007.55$9,454
May 200771,24558.747.85$10,180
Apr 200741,30659.617.81$10,432
Mar 200731,43256.927.30$10,627
Feb 200731,10155.108.22$9,211
Jan 200791,44750.306.73$10,186
Dec 200671,50156.656.92$10,781
Nov 200641,67054.207.62$12,938
Oct 200631,72154.906.01$10,514
Sep 200621,75960.085.04$8,981
Aug 200631,92368.717.34$14,321
Jul 200621,99469.376.34$12,786
Jun 200622,18366.286.38$14,069
May 200631,69466.016.42$11,082
Apr 200621,44864.397.36$10,787
Mar 200622,39556.707.08$17,077
Feb 200631,20157.597.75$9,482
Jan 200622,06760.598.93$18,586
Dec 200522,12854.9413.42$28,658
Nov 200542,00654.6910.59$21,459
Oct 2005122,19158.3413.80$30,927
Sep 2005152,67061.4512.08$33,173
Aug 2005153,64261.519.80$36,603
Jul 2005254,69655.697.84$38,226
Jun 2005276,47352.337.38$49,190
May 2005178145.226.65$5,240
Apr 2005120849.207.36$1,580
Mar 200531,19250.377.15$8,680
Feb 200531,20645.226.31$7,748
Jan 200531,92343.166.32$12,287
Dec 200432,10339.866.75$14,317
Nov 200431,39145.286.33$8,941
Oct 200433,23949.706.52$21,252
Sep 200433,03943.245.28$16,187
Aug 2004264,27542.375.55$24,831
Jul 2004555,99338.286.08$38,568
Jun 2004376,19836.106.43$41,208
May 2004756,58737.486.49$45,591
Apr 2004678,54334.475.86$52,358
Mar 20044614,81634.365.53$83,515
Feb 200451,29732.455.51$7,308

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                  132 Mcf  × $  1.81 =       $240

────────────────────────────────────────────────────
Month total                                     $240

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/200229 is the state's own key, not one this site invented.