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 212159District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Oct 2005 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
248
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 Gas112006-01-31167005
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
CondensateDisposition6,538 bbl$449,423
GasProduction448,755 Mcf$2,555,451
Total$3,004,874

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 28.3913, -98.4596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.39130, -98.45958 · 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
10,459 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 10,459 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-3113384122210,459 ftOct 2005

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 (248)

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

248 months

May 20261167106.413.05$615
Apr 2026436198.932.87$1,432
Mar 2026537989.753.15$1,642
Feb 2026532763.503.75$1,544
Jan 2026457959.138.00$4,867
Dec 2025334656.664.41$1,697
Nov 2025256658.593.93$2,340
Oct 2025034059.383.30$1,124
Sep 2025014262.743.08$437
Aug 2025032063.933.01$965
Jul 2025011666.743.32$385
Jun 2025016366.483.13$510
May 2025045460.553.23$1,467
Apr 2025028862.363.54$1,020
Mar 20250067.704.27$0
Feb 2025078870.884.34$3,421
Jan 2025040574.324.28$1,733
Dec 2024013268.993.12$412
Nov 2024032369.052.20$710
Oct 2024051671.372.28$1,177
Sep 2024055369.612.36$1,307
Aug 2024062075.632.06$1,279
Jul 2024037279.932.15$799
Jun 202402078.082.63$53
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 202303389.042.74$90
Aug 2023010880.522.67$289
Jul 2023027474.852.64$724
Jun 2023026868.962.26$605
May 2023029870.622.23$664
Apr 2023043778.122.24$978
Mar 2023042872.852.39$1,024
Feb 2023033075.112.47$814
Jan 2023052676.533.39$1,782
Dec 2022018576.415.73$1,060
Nov 2022014385.005.65$807
Oct 2022035787.185.86$2,093
Sep 2022031084.888.16$2,531
Aug 2022080094.529.13$7,302
Jul 20220750101.587.54$5,657
Jun 20220816115.097.98$6,509
May 202200109.378.43$0
Apr 202201,090104.226.84$7,453
Mar 202201,324108.885.08$6,721
Feb 202201,35091.054.86$6,559
Jan 2022069381.844.54$3,145
Dec 2021032071.323.90$1,248
Nov 2021051577.435.24$2,697
Oct 2021087279.795.71$4,982
Sep 2021082069.865.35$4,388
Aug 202101,15166.024.22$4,858
Jul 2021097570.783.98$3,883
Jun 2021077669.493.38$2,623
May 2021063963.483.02$1,928
Apr 202102,51860.362.76$6,946
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202002430.341.86$45
Feb 202004649.881.98$91
Jan 2020018057.252.09$377
Dec 2019014059.012.30$323
Nov 201907055.302.75$193
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 20180565.142.93$15
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180161.222.79$3
Feb 20180061.782.77$0
Jan 20180362.874.01$12
Dec 20170057.272.92$0
Nov 20170355.423.12$9
Oct 2017143649.292.98$1,350
Sep 2017131547.523.09$1,020
Aug 20170045.373.00$0
Jul 2017133343.873.09$1,072
Jun 201721,39442.493.09$4,389
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017428450.452.95$1,040
Jan 2017111,11549.413.42$4,355
Dec 2016111,29648.763.72$5,361
Nov 2016101,58142.492.64$4,606
Oct 2016151,68246.193.09$5,891
Sep 2016141,54041.553.10$5,357
Aug 201691,18341.442.92$3,832
Jul 2016101,16441.622.92$3,820
Jun 20161293345.352.69$3,050
May 2016442142.521.99$1,008
Apr 2016243736.561.99$943
Mar 2016233533.011.79$667
Feb 2016231726.472.06$707
Jan 2016559327.352.36$1,539
Dec 2015984932.362.00$1,990
Nov 2015171,04938.792.17$2,933
Oct 2015111,18143.552.43$3,345
Sep 2015161,17242.992.76$3,921
Aug 2015131,32840.162.87$4,337
Jul 2015161,43748.152.95$5,002
Jun 2015131,53356.152.88$5,149
May 201561,19455.212.96$3,860
Apr 20150049.822.71$0
Mar 20152442.892.93$98
Feb 20151237044.662.98$1,637
Jan 2015282,39543.433.10$8,642
Dec 2014131,75454.693.59$7,010
Nov 20140070.464.25$0
Oct 20142078.303.90$157
Sep 20141497786.164.05$5,159
Aug 2014342,17189.394.04$11,800
Jul 2014312,55996.564.18$13,689
Jun 2014292,50498.164.74$14,708
May 2014331,72694.734.73$11,284
Apr 2014242,90895.944.81$16,287
Mar 2014212,80595.895.06$16,198
Feb 2014182,53297.406.19$17,431
Jan 2014222,78090.404.86$15,502
Dec 2013253,17091.824.35$16,099
Nov 2013172,68388.853.74$11,540
Oct 2013272,62197.423.78$12,536
Sep 2013182,751104.113.72$12,101
Aug 2013222,959104.253.52$12,717
Jul 2013172,510102.523.72$11,074
Jun 2013303,13094.403.93$15,144
May 2013252,76494.834.15$13,839
Apr 2013373,03593.964.28$16,474
Mar 2013442,86893.623.91$15,341
Feb 2013252,87291.233.42$12,103
Jan 2013242,94791.603.42$12,277
Dec 2012192,66286.773.42$10,753
Nov 2012282,89286.953.62$12,918
Oct 2012233,11789.383.40$12,653
Sep 2012263,50594.672.92$12,690
Aug 2012333,32592.662.91$12,727
Jul 2012253,05185.133.02$11,345
Jun 2012303,56079.822.52$11,362
May 2012413,66891.612.49$12,883
Apr 2012423,595101.652.00$11,448
Mar 2012393,933105.052.22$12,836
Feb 2012423,786101.102.57$13,977
Jan 2012243,16698.092.73$11,010
Dec 2011243,70996.873.24$14,341
Nov 2011263,23395.723.31$13,194
Oct 2011233,67484.983.65$15,359
Sep 2011153,74183.623.99$16,165
Aug 2011183,02483.404.15$14,049
Jul 2011293,36494.144.52$17,926
Jun 2011253,57892.904.64$18,924
May 2011293,88698.134.40$19,963
Apr 2011385,262105.964.33$26,828
Mar 2011415,74896.364.06$27,272
Feb 2011363,04685.644.18$15,815
Jan 2011773,37386.504.59$22,138
Dec 2010893,18985.734.35$21,495
Nov 2010753,61480.843.80$19,779
Oct 2010813,54978.103.51$18,779
Sep 2010904,18372.633.98$23,183
Aug 2010864,48973.684.42$26,175
Jul 2010575,33972.554.74$29,423
Jun 2010345,03970.364.91$27,136
May 2010241,90371.124.24$9,767
Apr 2010514,66381.694.12$23,390
Mar 2010515,12078.394.39$26,468
Feb 2010403,55373.585.44$22,280
Jan 2010204,11274.365.96$26,012
Dec 2009181,74071.445.48$10,828
Nov 20091173374.593.75$3,570
Oct 2009382,96672.544.11$14,948
Sep 2009291,93565.543.06$7,831
Aug 2009182,21067.423.22$8,326
Jul 2009112,37261.133.46$8,890
Jun 200992,25266.163.90$9,367
May 200993,47554.743.93$14,135
Apr 2009490846.773.59$3,445
Mar 200951,72442.144.06$7,208
Feb 200982,50832.814.63$11,882
Jan 2009393,23235.865.37$18,758
Dec 2008412,89337.105.98$18,813
Nov 2008503,20155.496.86$24,735
Oct 2008583,17775.246.92$26,355
Sep 2008392,292101.767.88$22,023
Aug 2008442,499114.228.48$26,225
Jul 2008122,419131.0811.39$29,124
Jun 2008142,592131.3313.03$35,619
May 2008112,942123.1711.57$35,406
Apr 2008103,355110.3110.45$36,179
Mar 200883,863101.909.66$38,148
Feb 2008112,20592.538.77$20,357
Jan 2008352,48690.388.21$23,563
Dec 2007372,77688.337.30$23,538
Nov 2007173,62691.677.29$27,998
Oct 200782,92882.856.92$20,930
Sep 2007103,08175.846.24$19,997
Aug 2007133,65969.066.39$24,271
Jul 2007212,23870.906.39$15,785
Jun 2007203,05762.007.55$24,316
May 2007243,65158.747.85$30,057
Apr 2007383,19059.617.81$27,164
Mar 2007613,74456.927.30$30,811
Feb 2007955,87055.108.22$53,462
Jan 2007944,70150.306.73$36,351
Dec 2006994,74056.656.92$38,402
Nov 2006925,45154.207.62$46,509
Oct 20061166,13154.906.01$43,239
Sep 2006283,16260.085.04$17,610
Aug 2006234,28268.717.34$33,010
Jul 20061094,75069.376.34$37,689
Jun 20061235,16866.286.38$41,144
May 20063047,14366.016.42$65,961
Apr 20062774,61064.397.36$51,768
Mar 20062876,17956.707.08$60,038
Feb 20062946,48857.597.75$67,221
Jan 20062508,64560.598.93$92,376
Dec 20053079,23154.9413.42$140,704
Nov 200565011,64854.6910.59$158,882
Oct 200532311,22458.3413.80$173,687

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             1 bbl  × $106.41 =       $106
Gas                  167 Mcf  × $  3.05 =       $509

────────────────────────────────────────────────────
Month total                                     $615

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/212159 is the state's own key, not one this site invented.