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 223697District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
236
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 Gas112007-01-26171793
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
CondensateDisposition1,171 bbl$93,932
GasProduction179,949 Mcf$1,100,745
Total$1,194,678

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 28.3456, -98.4816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34565, -98.48163 · 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
10,562 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 10,562 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-3113391623410,562 ftOct 2006

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 (236)

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

236 months

May 20263383106.413.05$1,486
Apr 20261743598.932.87$2,930
Mar 20261547689.753.15$2,845
Feb 20261537263.503.75$2,348
Jan 20261242959.138.00$4,141
Dec 20251237756.664.41$2,344
Nov 20251139058.593.93$2,176
Oct 2025041559.383.30$1,372
Sep 2025125762.743.08$854
Aug 2025138463.933.01$1,222
Jul 2025141166.743.32$1,429
Jun 2025116366.483.13$576
May 2025912460.553.23$946
Apr 2025623062.363.54$1,189
Mar 2025634567.704.27$1,879
Feb 2025836670.884.34$2,156
Jan 2025521874.324.28$1,304
Dec 2024526768.993.12$1,178
Nov 202428869.052.20$332
Oct 2024640671.372.28$1,354
Sep 2024820669.612.36$1,044
Aug 2024827775.632.06$1,177
Jul 20241739379.932.15$2,202
Jun 2024724978.082.63$1,202
May 2024536478.812.20$1,194
Apr 2024212984.451.66$383
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 2023516971.262.61$798
Nov 2023617877.892.81$967
Oct 2023429985.443.09$1,265
Sep 2023323389.042.74$904
Aug 2023611680.522.67$793
Jul 2023711474.852.64$825
Jun 202338068.962.26$388
May 2023918870.622.23$1,054
Apr 202387578.122.24$793
Mar 2023810572.852.39$834
Feb 202379875.112.47$767
Jan 202344576.533.39$459
Dec 202263476.415.73$653
Nov 202288185.005.65$1,137
Oct 202245787.185.86$683
Sep 202265884.888.16$983
Aug 202254994.529.13$920
Jul 2022643101.587.54$934
Jun 2022732115.097.98$1,061
May 2022440109.378.43$775
Apr 2022530104.226.84$726
Mar 2022544108.885.08$768
Feb 202277991.054.86$1,021
Jan 202285681.844.54$909
Dec 202167771.323.90$728
Nov 202145177.435.24$577
Oct 202164079.795.71$707
Sep 2021107769.865.35$1,111
Aug 202159266.024.22$718
Jul 202165470.783.98$640
Jun 202175269.493.38$662
May 202166863.483.02$586
Apr 2021511260.362.76$611
Mar 2021810861.302.72$784
Feb 2021610057.805.55$902
Jan 2021619550.412.81$850
Dec 2020511544.642.68$531
Nov 202043538.772.71$250
Oct 202041036.972.48$173
Sep 20201410237.091.99$722
Aug 202097839.982.39$546
Jul 2020613138.371.83$469
Jun 202072934.901.69$293
May 2020012516.921.81$227
Apr 20201914.751.80$31
Mar 202044830.341.86$210
Feb 20201412149.881.98$938
Jan 2020811757.252.09$703
Dec 2019127459.012.30$690
Nov 2019194355.302.75$2,649
Oct 2019627853.472.42$993
Sep 201919355.052.66$302
Aug 2019312653.112.30$450
Jul 2019517856.272.46$719
Jun 2019111752.782.49$344
May 201927458.482.74$320
Apr 201923962.632.75$233
Mar 201902156.803.06$64
Feb 201912150.852.79$109
Jan 201944246.033.23$320
Dec 201812846.594.19$164
Nov 201802452.934.24$102
Oct 201801961.443.40$65
Sep 201802259.543.11$68
Aug 201802259.403.07$67
Jul 201802265.142.93$65
Jun 201801460.183.08$43
May 201801065.382.90$29
Apr 201802163.842.90$61
Mar 201808061.222.79$223
Feb 201802061.782.77$55
Jan 201805662.874.01$225
Dec 2017010957.272.92$318
Nov 2017014255.423.12$443
Oct 201704449.292.98$131
Sep 201706147.523.09$188
Aug 2017016845.373.00$505
Jul 2017019043.873.09$587
Jun 201706542.493.09$201
May 201713745.373.26$166
Apr 2017229647.933.21$1,046
Mar 2017117146.772.98$557
Feb 2017257450.452.95$1,796
Jan 2017140549.413.42$1,434
Dec 2016114448.763.72$585
Nov 2016277142.492.64$2,124
Oct 2016125146.193.09$822
Sep 2016378041.553.10$2,543
Aug 2016287741.442.92$2,648
Jul 2016154841.622.92$1,644
Jun 2016275445.352.69$2,116
May 2016163942.521.99$1,315
Apr 2016166136.561.99$1,353
Mar 2016139633.011.79$743
Feb 2016137026.472.06$790
Jan 2016137227.352.36$907
Dec 2015124932.362.00$531
Nov 2015147038.792.17$1,057
Oct 2015016043.552.43$388
Sep 2015130942.992.76$895
Aug 2015259840.162.87$1,798
Jul 2015267848.152.95$2,093
Jun 2015070856.152.88$2,041
May 2015025755.212.96$760
Apr 2015019249.822.71$520
Mar 2015018742.892.93$549
Feb 2015017244.662.98$512
Jan 2015013743.433.10$425
Dec 2014024254.693.59$869
Nov 2014033770.464.25$1,433
Oct 2014036278.303.90$1,412
Sep 2014033986.164.05$1,371
Aug 2014011189.394.04$448
Jul 2014016196.564.18$673
Jun 2014019398.164.74$914
May 2014019094.734.73$898
Apr 2014011395.944.81$543
Mar 2014015295.895.06$769
Feb 2014019197.406.19$1,183
Jan 2014025990.404.86$1,259
Dec 2013031791.824.35$1,380
Nov 2013038688.853.74$1,443
Oct 2013040397.423.78$1,523
Sep 20130251104.113.72$933
Aug 20130434104.253.52$1,529
Jul 20130249102.523.72$926
Jun 2013033594.403.93$1,318
May 2013038394.834.15$1,589
Apr 2013022493.964.28$959
Mar 201306293.623.91$243
Feb 201305691.233.42$192
Jan 201304591.603.42$154
Dec 2012012486.773.42$424
Nov 2012113186.953.62$562
Oct 2012025689.383.40$870
Sep 2012015294.672.92$444
Aug 2012130292.662.91$971
Jul 2012017085.133.02$514
Jun 2012016879.822.52$423
May 201203591.612.49$87
Apr 2012043101.652.00$86
Mar 2012026105.052.22$58
Feb 2012020101.102.57$51
Jan 2012011498.092.73$312
Dec 2011014196.873.24$457
Nov 2011017595.723.31$579
Oct 2011020984.983.65$763
Sep 2011026083.623.99$1,036
Aug 2011234683.404.15$1,602
Jul 2011117794.144.52$894
Jun 2011115692.904.64$817
May 2011125798.134.40$1,230
Apr 20112377105.964.33$1,846
Mar 2011245196.364.06$2,023
Feb 2011133885.644.18$1,498
Jan 201121,44086.504.59$6,781
Dec 2010145185.734.35$2,047
Nov 2010166580.843.80$2,605
Oct 201011,14378.103.51$4,089
Sep 2010160572.633.98$2,480
Aug 201011,25273.684.42$5,607
Jul 201011,14372.554.74$5,486
Jun 201011,20470.364.91$5,982
May 201011,68871.124.24$7,220
Apr 2010163681.694.12$2,704
Mar 2010194178.394.39$4,208
Feb 2010193873.585.44$5,179
Jan 201011,37774.365.96$8,287
Dec 200911,11671.445.48$6,191
Nov 200911,16974.593.75$4,460
Oct 200921,36672.544.11$5,760
Sep 200911,48065.543.06$4,601
Aug 200911,84067.423.22$5,989
Jul 2009145561.133.46$1,637
Jun 2009265766.163.90$2,691
May 200921,62954.743.93$6,505
Apr 200931,86846.773.59$6,842
Mar 200932,02242.144.06$8,334
Feb 200931,78532.814.63$8,368
Jan 200932,26835.865.37$12,289
Dec 200822,11437.105.98$12,710
Nov 200832,07955.496.86$14,429
Oct 200891,24875.246.92$9,316
Sep 200892,024101.767.88$16,859
Aug 2008113,035114.228.48$27,002
Jul 2008171,966131.0811.39$24,620
Jun 2008372,410131.3313.03$36,268
May 2008302,662123.1711.57$34,506
Apr 2008452,681110.3110.45$32,993
Mar 2008463,002101.909.66$33,699
Feb 2008543,58292.538.77$36,413
Jan 2008504,20690.388.21$39,032
Dec 2007505,21388.337.30$42,482
Nov 2007464,73791.677.29$38,758
Oct 2007424,90482.856.92$37,425
Sep 2007326,85675.846.24$45,237
Aug 2007307,94269.066.39$52,805
Jul 20072310,33270.906.39$67,631
Jun 2007213,38062.007.55$101,122
May 200732,06458.747.85$16,371
Apr 200742,53559.617.81$20,025
Mar 200752,86156.927.30$21,176
Feb 200762,46255.108.22$20,558
Jan 2007133,53450.306.73$24,427
Dec 2006134,15656.656.92$29,489
Nov 200665,12454.207.62$39,357
Oct 200603,58754.906.01$21,572

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             3 bbl  × $106.41 =       $319
Gas                  383 Mcf  × $  3.05 =     $1,167

────────────────────────────────────────────────────
Month total                                   $1,486

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/223697 is the state's own key, not one this site invented.