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 203270District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jul 2004 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
263
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 Gas112004-12-22159562
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
CondensateDisposition1,583 bbl$84,889
GasProduction306,577 Mcf$1,862,904
Total$1,947,793

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 28.3331, -98.4533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33314, -98.45327 · 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
11,025 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 11,025 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-3113372821111,025 ftJul 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 (263)

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

263 months

May 20260316106.413.05$962
Apr 2026033598.932.87$961
Mar 2026031389.753.15$986
Feb 2026019763.503.75$739
Jan 2026023559.138.00$1,880
Dec 2025045556.664.41$2,008
Nov 2025031658.593.93$1,241
Oct 2025028259.383.30$932
Sep 2025023862.743.08$732
Aug 2025034263.933.01$1,031
Jul 2025026466.743.32$875
Jun 2025038166.483.13$1,192
May 2025041760.553.23$1,348
Apr 2025050162.363.54$1,775
Mar 2025027067.704.27$1,152
Feb 2025047270.884.34$2,049
Jan 2025011974.324.28$509
Dec 2024017368.993.12$540
Nov 2024014569.052.20$319
Oct 2024024671.372.28$561
Sep 2024017769.612.36$418
Aug 2024033075.632.06$681
Jul 2024026779.932.15$573
Jun 2024032478.082.63$853
May 2024059578.812.20$1,308
Apr 2024043984.451.66$728
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023014371.262.61$373
Nov 2023012177.892.81$340
Oct 2023032785.443.09$1,010
Sep 2023033289.042.74$908
Aug 2023014180.522.67$377
Jul 2023016074.852.64$423
Jun 20230068.962.26$0
May 2023017670.622.23$392
Apr 20230078.122.24$0
Mar 2023019772.852.39$471
Feb 2023013975.112.47$343
Jan 202305276.533.39$176
Dec 2022015076.415.73$859
Nov 2022014885.005.65$836
Oct 2022016887.185.86$985
Sep 2022011884.888.16$963
Aug 202206594.529.13$593
Jul 20220156101.587.54$1,177
Jun 2022078115.097.98$622
May 20220176109.378.43$1,484
Apr 20220125104.226.84$855
Mar 2022095108.885.08$482
Feb 202203991.054.86$189
Jan 2022012381.844.54$558
Dec 2021019771.323.90$768
Nov 2021012677.435.24$660
Oct 2021022479.795.71$1,280
Sep 2021023069.865.35$1,231
Aug 2021011166.024.22$468
Jul 2021018170.783.98$721
Jun 2021015369.493.38$517
May 202109563.483.02$287
Apr 2021017360.362.76$477
Mar 2021013861.302.72$375
Feb 202109957.805.55$549
Jan 2021028550.412.81$801
Dec 202008644.642.68$230
Nov 2020012938.772.71$349
Oct 20200036.972.48$0
Sep 202002837.091.99$56
Aug 2020068639.982.39$1,636
Jul 2020052138.371.83$951
Jun 2020025434.901.69$429
May 2020039816.921.81$722
Apr 202008314.751.80$150
Mar 2020047130.341.86$874
Feb 2020062549.881.98$1,238
Jan 2020041357.252.09$865
Dec 2019029059.012.30$668
Nov 2019010655.302.75$292
Oct 2019032553.472.42$786
Sep 2019018055.052.66$478
Aug 2019016553.112.30$380
Jul 2019047156.272.46$1,159
Jun 2019036052.782.49$897
May 2019045858.482.74$1,255
Apr 2019040762.632.75$1,120
Mar 2019014456.803.06$441
Feb 201901650.852.79$45
Jan 2019042946.033.23$1,385
Dec 2018066446.594.19$2,779
Nov 201801252.934.24$51
Oct 20180361.443.40$10
Sep 20180759.543.11$22
Aug 20180259.403.07$6
Jul 201805265.142.93$152
Jun 20180460.183.08$12
May 2018135465.382.90$1,092
Apr 20181463.842.90$75
Mar 201808061.222.79$223
Feb 201804761.782.77$130
Jan 201804962.874.01$196
Dec 201714857.272.92$198
Nov 2017146255.423.12$1,496
Oct 201715749.292.98$219
Sep 2017143647.523.09$1,394
Aug 201705345.373.00$159
Jul 20171243.873.09$50
Jun 2017147442.493.09$1,506
May 2017279145.373.26$2,672
Apr 201731,92147.933.21$6,313
Mar 2017178346.772.98$2,383
Feb 20170650.452.95$18
Jan 201703749.413.42$127
Dec 201616048.763.72$272
Nov 2016018442.492.64$487
Oct 2016122546.193.09$742
Sep 2016275041.553.10$2,409
Aug 2016141141.442.92$1,243
Jul 2016272141.622.92$2,192
Jun 201651,49745.352.69$4,247
May 201631,24642.521.99$2,608
Apr 201611,36236.561.99$2,748
Mar 2016175133.011.79$1,380
Feb 2016158326.472.06$1,230
Jan 2016041027.352.36$969
Dec 2015032732.362.00$654
Nov 2015172138.792.17$1,601
Oct 2015060543.552.43$1,468
Sep 2015047442.992.76$1,307
Aug 2015163440.162.87$1,861
Jul 2015031748.152.95$934
Jun 2015159456.152.88$1,769
May 2015030455.212.96$898
Apr 2015163149.822.71$1,758
Mar 2015151942.892.93$1,566
Feb 2015166744.662.98$2,030
Jan 2015043343.433.10$1,343
Dec 2014058954.693.59$2,115
Nov 2014062470.464.25$2,653
Oct 2014072778.303.90$2,836
Sep 2014062186.164.05$2,512
Aug 2014041889.394.04$1,687
Jul 2014074496.564.18$3,110
Jun 2014072998.164.74$3,453
May 2014084794.734.73$4,003
Apr 2014182995.944.81$4,083
Mar 2014183095.895.06$4,293
Feb 2014179297.406.19$5,001
Jan 2014063090.404.86$3,062
Dec 2013178891.824.35$3,523
Nov 20130088.853.74$0
Oct 2013153497.423.78$2,116
Sep 20130192104.113.72$714
Aug 20131643104.253.52$2,369
Jul 20131692102.523.72$2,675
Jun 2013161194.403.93$2,498
May 2013172994.834.15$3,120
Apr 2013285693.964.28$3,854
Mar 2013285693.623.91$3,537
Feb 2013160091.233.42$2,143
Jan 2013281391.603.42$2,964
Dec 2012278686.773.42$2,862
Nov 2012278386.953.62$3,012
Oct 2012289989.383.40$3,235
Sep 2012299394.672.92$3,087
Aug 2012465992.662.91$2,287
Jul 2012141,00885.133.02$4,237
Jun 20121695879.822.52$3,690
May 2012231,16591.612.49$5,006
Apr 201221981101.652.00$4,094
Mar 2012272,210105.052.22$7,747
Feb 2012103,084101.102.57$8,938
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 2011229483.404.15$1,387
Jul 2011236194.144.52$1,819
Jun 2011128892.904.64$1,429
May 2011131998.134.40$1,503
Apr 20111252105.964.33$1,198
Mar 2011128096.364.06$1,232
Feb 2011118185.644.18$842
Jan 2011122786.504.59$1,128
Dec 2010227485.734.35$1,363
Nov 2010122380.843.80$927
Oct 2010243178.103.51$1,669
Sep 2010241072.633.98$1,777
Aug 2010354173.684.42$2,612
Jul 2010225372.554.74$1,343
Jun 2010232770.364.91$1,746
May 2010236071.124.24$1,667
Apr 2010121081.694.12$947
Mar 2010464978.394.39$3,162
Feb 2010126473.585.44$1,510
Jan 2010147274.365.96$2,889
Dec 2009119971.445.48$1,163
Nov 2009237174.593.75$1,541
Oct 2009343772.544.11$2,014
Sep 2009232065.543.06$1,112
Aug 2009262567.423.22$2,146
Jul 2009283061.133.46$2,998
Jun 200931,16766.163.90$4,744
May 200931,69454.743.93$6,814
Apr 200931,09346.773.59$4,061
Mar 200921,21942.144.06$5,032
Feb 200921,24532.814.63$5,834
Jan 200921,57235.865.37$8,515
Dec 200811,48637.105.98$8,919
Nov 200821,43755.496.86$9,969
Oct 200822,00375.246.92$14,015
Sep 200811,781101.767.88$14,131
Aug 200822,352114.228.48$20,181
Jul 200831,873131.0811.39$21,726
Jun 200851,917131.3313.03$25,640
May 200852,136123.1711.57$25,339
Apr 200861,755110.3110.45$19,010
Mar 200861,841101.909.66$18,403
Feb 200871,96792.538.77$17,899
Jan 200832,17090.388.21$18,078
Dec 200722,25588.337.30$16,643
Nov 200722,20091.677.29$16,225
Oct 200722,30982.856.92$16,149
Sep 200722,03875.846.24$12,877
Aug 2007249269.066.39$3,281
Jul 200721,67970.906.39$10,867
Jun 2007296662.007.55$7,416
May 200732,26658.747.85$17,956
Apr 200752,45859.617.81$19,483
Mar 200782,83756.927.30$21,171
Feb 200772,76855.108.22$23,128
Jan 200763,45150.306.73$23,516
Dec 200633,88456.656.92$27,041
Nov 200634,67154.207.62$35,744
Oct 200635,25754.906.01$31,779
Sep 200625,38460.085.04$27,240
Aug 200635,83368.717.34$43,020
Jul 200655,98969.376.34$38,334
Jun 200696,94266.286.38$44,913
May 200646,62266.016.42$42,810
Apr 2006132264.397.36$2,434
Mar 2006236156.707.08$2,670
Feb 2006267257.597.75$5,324
Jan 2006275560.598.93$6,866
Dec 200521,06454.9413.42$14,384
Nov 200561,71954.6910.59$18,530
Oct 2005102,54758.3413.80$35,721
Sep 2005124,17361.4512.08$51,143
Aug 2005134,90561.519.80$48,853
Jul 2005175,72855.697.84$45,875
Jun 2005196,32252.337.38$47,657
May 2005237,15245.226.65$48,609
Apr 2005985,56149.207.36$45,753
Mar 20051386,07950.377.15$50,446
Feb 20051116,10545.226.31$43,554
Jan 20051167,86143.166.32$54,705
Dec 20041188,38739.866.75$61,325
Nov 20041209,09545.286.33$63,009
Oct 200412311,41549.706.52$80,483
Sep 200411813,60443.245.28$76,985
Aug 200416517,17142.375.55$102,301
Jul 2004124,74038.286.08$29,298

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                  316 Mcf  × $  3.05 =       $962

────────────────────────────────────────────────────
Month total                                     $962

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/203270 is the state's own key, not one this site invented.