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 223829District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Nov 2006 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
235
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 Gas112007-02-16172078
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
CondensateDisposition651 bbl$47,056
GasProduction277,348 Mcf$1,591,666
Total$1,638,722

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 28.3671, -98.4562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36713, -98.45622 · 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
10,652 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 10,652 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-3113391723510,652 ftNov 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 (235)

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

235 months

May 20260224106.413.05$682
Apr 2026016498.932.87$471
Mar 2026013289.753.15$416
Feb 202603763.503.75$139
Jan 202606259.138.00$496
Dec 2025028456.664.41$1,253
Nov 2025013458.593.93$526
Oct 2025028159.383.30$929
Sep 2025024062.743.08$738
Aug 2025022663.933.01$681
Jul 202518066.743.32$332
Jun 2025132866.483.13$1,093
May 2025634660.553.23$1,482
Apr 2025734562.363.54$1,659
Mar 20251537267.704.27$2,603
Feb 20251581170.884.34$4,584
Jan 2025628974.324.28$1,682
Dec 2024734268.993.12$1,550
Nov 2024729069.052.20$1,121
Oct 2024936271.372.28$1,468
Sep 2024844769.612.36$1,614
Aug 2024966475.632.06$2,051
Jul 2024759379.932.15$1,832
Jun 2024216978.082.63$601
May 2024364478.812.20$1,652
Apr 2024130784.451.66$594
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 2023651271.262.61$1,764
Nov 2023116877.892.81$550
Oct 20231085.443.09$85
Sep 202315589.042.74$239
Aug 202351,97880.522.67$5,690
Jul 2023465374.852.64$2,025
Jun 2023231168.962.26$840
May 2023541570.622.23$1,277
Apr 202301,41178.122.24$3,157
Mar 2023074072.852.39$1,771
Feb 2023063375.112.47$1,561
Jan 2023059976.533.39$2,029
Dec 2022064376.415.73$3,684
Nov 2022071785.005.65$4,048
Oct 2022033287.185.86$1,947
Sep 2022047484.888.16$3,870
Aug 2022037994.529.13$3,459
Jul 20220226101.587.54$1,705
Jun 20220450115.097.98$3,590
May 20220550109.378.43$4,638
Apr 20220670104.226.84$4,581
Mar 20220584108.885.08$2,965
Feb 2022074691.054.86$3,625
Jan 2022058281.844.54$2,641
Dec 202101,18771.323.90$4,628
Nov 2021098577.435.24$5,158
Oct 2021084179.795.71$4,805
Sep 2021090069.865.35$4,816
Aug 2021035366.024.22$1,490
Jul 20210070.783.98$0
Jun 202101,24069.493.38$4,192
May 2021011763.483.02$353
Apr 2021012460.362.76$342
Mar 2021079761.302.72$2,165
Feb 2021077857.805.55$4,316
Jan 2021069450.412.81$1,950
Dec 202001,06644.642.68$2,852
Nov 2020086938.772.71$2,352
Oct 202001,58036.972.48$3,916
Sep 202001,56437.091.99$3,114
Aug 202001,88739.982.39$4,501
Jul 2020095838.371.83$1,748
Jun 20200034.901.69$0
May 2020021816.921.81$396
Apr 202007814.751.80$141
Mar 2020018930.341.86$351
Feb 202001,25849.881.98$2,492
Jan 2020049957.252.09$1,045
Dec 2019092759.012.30$2,136
Nov 201901,58255.302.75$4,352
Oct 201901,16753.472.42$2,822
Sep 201901,38855.052.66$3,688
Aug 201901,22753.112.30$2,827
Jul 201901,12856.272.46$2,775
Jun 201901,01452.782.49$2,526
May 2019094458.482.74$2,587
Apr 201901,02762.632.75$2,825
Mar 2019092456.803.06$2,829
Feb 2019082150.852.79$2,292
Jan 2019098746.033.23$3,186
Dec 2018095846.594.19$4,010
Nov 2018095652.934.24$4,051
Oct 201801,01761.443.40$3,456
Sep 201811,01659.543.11$3,217
Aug 2018196559.403.07$3,019
Jul 2018168065.142.93$2,059
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20183261.222.79$189
Feb 20182361.782.77$132
Jan 20182262.874.01$134
Dec 201721457.272.92$155
Nov 201722655.423.12$192
Oct 20173849.292.98$172
Sep 2017110847.523.09$381
Aug 2017120945.373.00$673
Jul 2017220943.873.09$733
Jun 2017124342.493.09$793
May 2017126045.373.26$894
Apr 201719647.933.21$356
Mar 2017116946.772.98$551
Feb 2017233550.452.95$1,090
Jan 2017230849.413.42$1,152
Dec 201621,38848.763.72$5,265
Nov 2016176542.492.64$2,065
Oct 2016271146.193.09$2,290
Sep 2016294541.553.10$3,013
Aug 201611,30841.442.92$3,866
Jul 201611,45341.622.92$4,291
Jun 2016118845.352.69$550
May 2016135042.521.99$739
Apr 2016037436.561.99$745
Mar 201601,01933.011.79$1,828
Feb 2016070426.472.06$1,453
Jan 2016088427.352.36$2,090
Dec 2015083932.362.00$1,679
Nov 201501,46338.792.17$3,171
Oct 201501,68443.552.43$4,086
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015071748.152.95$2,112
Jun 2015074756.152.88$2,154
May 20150055.212.96$0
Apr 2015029749.822.71$804
Mar 2015046142.892.93$1,353
Feb 2015047144.662.98$1,402
Jan 2015242843.433.10$1,414
Dec 2014292654.693.59$3,435
Nov 2014213270.464.25$702
Oct 2014239978.303.90$1,713
Sep 2014250986.164.05$2,231
Aug 2014373289.394.04$3,222
Jul 2014244196.564.18$2,036
Jun 2014255498.164.74$2,821
May 2014273894.734.73$3,678
Apr 2014263295.944.81$3,231
Mar 2014160495.895.06$3,150
Feb 2014155197.406.19$3,509
Jan 2014152490.404.86$2,637
Dec 2013250691.824.35$2,387
Nov 2013144988.853.74$1,767
Oct 2013260097.423.78$2,462
Sep 20132586104.113.72$2,387
Aug 20132549104.253.52$2,142
Jul 20132711102.523.72$2,848
Jun 2013245694.403.93$1,982
May 2013253194.834.15$2,393
Apr 2013354393.964.28$2,607
Mar 2013454793.623.91$2,515
Feb 2013355991.233.42$2,185
Jan 2013468391.603.42$2,702
Dec 2012360186.773.42$2,316
Nov 2012467586.953.62$2,795
Oct 2012386389.383.40$3,202
Sep 201241,07694.672.92$3,519
Aug 2012436792.662.91$1,438
Jul 2012257385.133.02$1,901
Jun 2012269679.822.52$1,913
May 2012362391.612.49$1,825
Apr 20124790101.652.00$1,984
Mar 20123544105.052.22$1,524
Feb 20123543101.102.57$1,699
Jan 2012475998.092.73$2,468
Dec 2011491496.873.24$3,349
Nov 2011458195.723.31$2,307
Oct 2011481784.983.65$3,321
Sep 2011391883.623.99$3,910
Aug 2011392083.404.15$4,068
Jul 201141,01194.144.52$4,943
Jun 2011397792.904.64$4,812
May 2011365298.134.40$3,166
Apr 20113697105.964.33$3,338
Mar 2011361596.364.06$2,784
Feb 2011272985.644.18$3,218
Jan 2011481686.504.59$4,090
Dec 2010476785.734.35$3,678
Nov 2010398980.843.80$3,996
Oct 201041,01078.103.51$3,856
Sep 2010592972.633.98$4,060
Aug 201041,04373.684.42$4,904
Jul 201031,29672.554.74$6,356
Jun 2010275370.364.91$3,838
May 2010392971.124.24$4,148
Apr 201031,02881.694.12$4,483
Mar 2010371178.394.39$3,356
Feb 2010387673.585.44$4,988
Jan 201031,03574.365.96$6,396
Dec 2009593671.445.48$5,490
Nov 2009556674.593.75$2,496
Oct 2009683872.544.11$3,880
Sep 200941,37665.543.06$4,479
Aug 200931,63067.423.22$5,448
Jul 200921,90261.133.46$6,712
Jun 200932,28966.163.90$9,114
May 200921,59954.743.93$6,387
Apr 200931,35546.773.59$5,001
Mar 200921,80942.144.06$7,427
Feb 200921,32332.814.63$6,195
Jan 200922,07035.865.37$11,190
Dec 200812,59537.105.98$15,548
Nov 200812,26555.496.86$15,594
Oct 200812,30675.246.92$16,037
Sep 200813,206101.767.88$25,356
Aug 200813,302114.228.48$28,125
Jul 200813,755131.0811.39$42,898
Jun 200824,012131.3313.03$52,550
May 200813,963123.1711.57$45,992
Apr 200823,672110.3110.45$38,611
Mar 200824,115101.909.66$39,971
Feb 200825,32092.538.77$46,845
Jan 200877,90490.388.21$65,491
Dec 2007195,30388.337.30$40,401
Nov 2007343,81991.677.29$30,964
Oct 200793,74182.856.92$26,641
Sep 200773,30175.846.24$21,143
Aug 200745,05269.066.39$32,548
Jul 200723,91170.906.39$25,125
Jun 200725,63762.007.55$42,675
May 200735,24258.747.85$41,306
Apr 2007105,48859.617.81$43,431
Mar 2007218,13256.927.30$60,575
Feb 2007207,67055.108.22$64,119
Jan 2007328,74550.306.73$60,436
Dec 20066012,36756.656.92$88,959
Nov 20062614,13654.207.62$109,090

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                  224 Mcf  × $  3.05 =       $682

────────────────────────────────────────────────────
Month total                                     $682

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/223829 is the state's own key, not one this site invented.