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 201560District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
May 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
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 Gas112004-07-28158281
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
CondensateDisposition591 bbl$33,962
GasProduction135,256 Mcf$1,022,067
Total$1,056,029

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 28.3399, -98.4720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33990, -98.47196 · 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
10,750 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 10,750 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-3113372721010,750 ftMay 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 (265)

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

265 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 202001034.901.69$17
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202005930.341.86$110
Feb 202003749.881.98$73
Jan 202003157.252.09$65
Dec 201904359.012.30$99
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 20190162.632.75$3
Mar 201903656.803.06$110
Feb 20190150.852.79$3
Jan 20190046.033.23$0
Dec 20180746.594.19$29
Nov 20180752.934.24$30
Oct 20180361.443.40$10
Sep 20180659.543.11$19
Aug 20180159.403.07$3
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180165.382.90$3
Apr 20180263.842.90$6
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180462.874.01$16
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 20160442.492.64$11
Oct 20160146.193.09$3
Sep 20160141.553.10$3
Aug 20160341.442.92$9
Jul 20160341.622.92$9
Jun 20160545.352.69$13
May 20160942.521.99$18
Apr 20160136.561.99$2
Mar 20160733.011.79$13
Feb 20160526.472.06$10
Jan 201601027.352.36$24
Dec 20150332.362.00$6
Nov 201501438.792.17$30
Oct 20150043.552.43$0
Sep 20150942.992.76$25
Aug 201501540.162.87$43
Jul 201524348.152.95$223
Jun 2015214956.152.88$542
May 2015018255.212.96$538
Apr 201505949.822.71$160
Mar 2015016542.892.93$484
Feb 2015012444.662.98$369
Jan 201501943.433.10$59
Dec 20140254.693.59$7
Nov 201401170.464.25$47
Oct 201404578.303.90$176
Sep 201404086.164.05$162
Aug 20140689.394.04$24
Jul 20140896.564.18$33
Jun 201402698.164.74$123
May 201401094.734.73$47
Apr 201401895.944.81$87
Mar 201401995.895.06$96
Feb 201401797.406.19$105
Jan 20140490.404.86$19
Dec 20130491.824.35$17
Nov 201301488.853.74$52
Oct 201301797.423.78$64
Sep 2013017104.113.72$63
Aug 20130195104.253.52$687
Jul 20130237102.523.72$881
Jun 2013017094.403.93$669
May 201307594.834.15$311
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120486.773.42$14
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120292.662.91$6
Jul 20120285.133.02$6
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201201105.052.22$2
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201101192.904.64$51
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110996.364.06$37
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201001178.103.51$39
Sep 20100072.633.98$0
Aug 20100573.684.42$22
Jul 20100072.554.74$0
Jun 20100870.364.91$39
May 20100071.124.24$0
Apr 20100881.694.12$33
Mar 20100078.394.39$0
Feb 20100173.585.44$5
Jan 20100474.365.96$24
Dec 200901771.445.48$93
Nov 200903574.593.75$131
Oct 200907072.544.11$288
Sep 200905365.543.06$162
Aug 200903967.423.22$126
Jul 200907561.133.46$260
Jun 2009010166.163.90$393
May 2009017454.743.93$683
Apr 2009121346.773.59$811
Mar 2009020842.144.06$844
Feb 2009016732.814.63$774
Jan 2009024935.865.37$1,337
Dec 2008174837.105.98$4,508
Nov 2008073755.496.86$5,056
Oct 2008174375.246.92$5,218
Sep 20080974101.767.88$7,672
Aug 200811,121114.228.48$9,624
Jul 20080741131.0811.39$8,440
Jun 20081883131.3313.03$11,639
May 20081863123.1711.57$10,112
Apr 20081926110.3110.45$9,792
Mar 200811,071101.909.66$10,452
Feb 200821,12992.538.77$10,087
Jan 200861,27090.388.21$10,964
Dec 200761,02688.337.30$8,022
Nov 200761,26391.677.29$9,759
Oct 2007189982.856.92$6,306
Sep 2007179275.846.24$5,021
Aug 200711,03169.066.39$6,655
Jul 200711,07270.906.39$6,919
Jun 200721,21562.007.55$9,295
May 200721,15458.747.85$9,172
Apr 200721,40559.617.81$11,086
Mar 200721,53656.927.30$11,330
Feb 200721,17355.108.22$9,748
Jan 200741,46050.306.73$10,022
Dec 200651,42456.656.92$10,135
Nov 200651,58354.207.62$12,329
Oct 200651,78554.906.01$11,009
Sep 200622,05460.085.04$10,467
Aug 200632,25968.717.34$16,787
Jul 2006462,48469.376.34$18,946
Jun 2006472,12266.286.38$16,662
May 2006512,62566.016.42$20,232
Apr 200682,77464.397.36$20,933
Mar 200653,06856.707.08$22,014
Feb 200663,12257.597.75$24,545
Jan 2006584,01660.598.93$39,390
Dec 2005784,50754.9413.42$64,749
Nov 2005725,96854.6910.59$67,129
Oct 2005133,40658.3413.80$47,747
Sep 200531,99461.4512.08$24,270
Aug 200532,17161.519.80$21,453
Jul 200532,21155.697.84$17,509
Jun 200542,36452.337.38$17,658
May 200532,57145.226.65$17,236
Apr 200532,69749.207.36$19,999
Mar 200542,82650.377.15$20,421
Feb 200532,69045.226.31$17,115
Jan 200533,34243.166.32$21,258
Dec 200443,54639.866.75$24,099
Nov 200433,64745.286.33$23,223
Oct 200434,44949.706.52$29,135
Sep 200443,47543.245.28$18,535
Aug 200454,58642.375.55$25,667
Jul 2004465,88238.286.08$37,548
Jun 2004316,62636.106.43$43,744
May 2004128,26837.486.49$54,147

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                   10 Mcf  × $  1.69 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/201560 is the state's own key, not one this site invented.