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 233828District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jan 2008 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
221
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 Gas112008-05-19181649
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
CondensateDisposition8,782 bbl$693,881
GasProduction544,537 Mcf$2,674,680
Total$3,368,561

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 28.3805, -98.4498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38046, -98.44982 · 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
10,600 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 10,600 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-3113399724110,600 ftJan 2008

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 (221)

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

221 months

May 20266242106.413.05$1,376
Apr 2026132298.932.87$1,023
Mar 2026157189.753.15$1,888
Feb 2026141063.503.75$1,601
Jan 2026135359.138.00$2,882
Dec 2025391156.664.41$4,191
Nov 2025635958.593.93$1,761
Oct 2025760859.383.30$2,425
Sep 20251078062.743.08$3,027
Aug 2025778763.933.01$2,820
Jul 2025210366.743.32$475
Jun 20251065666.483.13$2,717
May 20251082560.553.23$3,272
Apr 2025849262.363.54$2,242
Mar 2025161,32367.704.27$6,730
Feb 20251065870.884.34$3,565
Jan 2025322974.324.28$1,203
Dec 2024735968.993.12$1,604
Nov 2024628569.052.20$1,041
Oct 2024844671.372.28$1,588
Sep 2024949369.612.36$1,792
Aug 20241288375.632.06$2,730
Jul 20241379379.932.15$2,741
Jun 2024748778.082.63$1,829
May 202481,22978.812.20$3,332
Apr 2024576784.451.66$1,695
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401973.023.30$63
Dec 20231081971.262.61$2,851
Nov 2023469577.892.81$2,263
Oct 20231085.443.09$85
Sep 2023111189.042.74$393
Aug 202393,25080.522.67$9,412
Jul 202381,77774.852.64$5,293
Jun 2023582068.962.26$2,197
May 2023141,59870.622.23$4,548
Apr 202361,24078.122.24$3,244
Mar 2023840572.852.39$1,552
Feb 2023141,30775.112.47$4,274
Jan 2023121,95976.533.39$7,555
Dec 2022121,24676.415.73$8,055
Nov 2022141,41685.005.65$9,185
Oct 20221184087.185.86$5,885
Sep 2022201,45584.888.16$13,576
Aug 2022141,06494.529.13$11,035
Jul 202213713101.587.54$6,698
Jun 202213450115.097.98$5,086
May 202211215109.378.43$3,016
Apr 202292,451104.226.84$17,697
Mar 20223534108.885.08$3,037
Feb 2022101,66591.054.86$9,000
Jan 2022123,05381.844.54$14,836
Dec 202143271.323.90$410
Nov 202133377.435.24$405
Oct 202133379.795.71$428
Sep 202138169.865.35$643
Aug 2021215566.024.22$786
Jul 202116570.783.98$330
Jun 2021214369.493.38$622
May 202116463.483.02$257
Apr 2021311560.362.76$498
Mar 2021516661.302.72$758
Feb 2021425557.805.55$1,646
Jan 2021521950.412.81$868
Dec 202066744.642.68$447
Nov 20202014838.772.71$1,176
Oct 20201912336.972.48$1,007
Sep 20202012437.091.99$989
Aug 20201440539.982.39$1,526
Jul 20201345438.371.83$1,327
Jun 20207034.901.69$244
May 202007916.921.81$143
Apr 2020317814.751.80$365
Mar 2020710830.341.86$413
Feb 2020963549.881.98$1,707
Jan 20201338357.252.09$1,547
Dec 2019524659.012.30$862
Nov 2019790555.302.75$2,876
Oct 2019778553.472.42$2,273
Sep 2019593455.052.66$2,757
Aug 201961,12453.112.30$2,909
Jul 201971,69656.272.46$4,566
Jun 2019111,57152.782.49$4,494
May 2019141,80158.482.74$5,754
Apr 2019291,29462.632.75$5,376
Mar 20192695756.803.06$4,407
Feb 2019241,01050.852.79$4,041
Jan 2019321,28546.033.23$5,621
Dec 20182290946.594.19$4,830
Nov 2018291,43952.934.24$7,632
Oct 2018081761.443.40$2,776
Sep 2018081359.543.11$2,527
Aug 201801,22959.403.07$3,769
Jul 201801,68165.142.93$4,928
Jun 201801,43060.183.08$4,400
May 201801,77765.382.90$5,155
Apr 201802,43663.842.90$7,066
Mar 201805,45061.222.79$15,188
Feb 20180161.782.77$3
Jan 20180062.874.01$0
Dec 20171757.272.92$78
Nov 2017242255.423.12$1,427
Oct 201751,72949.292.98$5,405
Sep 201731,99547.523.09$6,302
Aug 2017124945.373.00$793
Jul 2017220443.873.09$718
Jun 201732,29742.493.09$7,219
May 2017145045.373.26$1,514
Apr 201711247.933.21$86
Mar 201732,67946.772.98$8,134
Feb 2017351350.452.95$1,666
Jan 201732,32249.413.42$8,087
Dec 201634,33248.763.72$16,274
Nov 2016073542.492.64$1,944
Oct 2016011646.193.09$358
Sep 201632,52941.553.10$7,966
Aug 201631,88541.442.92$5,637
Jul 201631,34641.622.92$4,061
Jun 201652,97345.352.69$8,212
May 201631,58342.521.99$3,279
Apr 2016165036.561.99$1,331
Mar 201641,91033.011.79$3,559
Feb 201621,98826.472.06$4,155
Jan 201641,93227.352.36$4,677
Dec 201522,50032.362.00$5,068
Nov 201521,22738.792.17$2,737
Oct 201522,03043.552.43$5,013
Sep 201531,74242.992.76$4,934
Aug 201531,49640.162.87$4,418
Jul 201501,88948.152.95$5,563
Jun 201502,17356.152.88$6,264
May 201501,99555.212.96$5,896
Apr 201501,68549.822.71$4,561
Mar 201502,00642.892.93$5,887
Feb 201501,73844.662.98$5,173
Jan 201551,44943.433.10$4,710
Dec 201462,88854.693.59$10,700
Nov 201441,56870.464.25$6,949
Oct 201441,05978.303.90$4,444
Sep 201441,53986.164.05$6,571
Aug 201471,72089.394.04$7,566
Jul 201431,64796.564.18$7,173
Jun 201421,62098.164.74$7,870
May 201421,78794.734.73$8,636
Apr 201421,70595.944.81$8,391
Mar 201421,51995.895.06$7,873
Feb 201421,57197.406.19$9,922
Jan 201421,46490.404.86$7,297
Dec 201321,39291.824.35$6,245
Nov 201321,32288.853.74$5,120
Oct 201331,61397.423.78$6,388
Sep 201321,218104.113.72$4,736
Aug 201361,398104.253.52$5,550
Jul 2013221,364102.523.72$7,326
Jun 2013331,43594.403.93$8,760
May 2013311,66294.834.15$9,836
Apr 2013411,66293.964.28$10,970
Mar 2013472,14893.623.91$12,805
Feb 201331,49291.233.42$5,376
Jan 201341,76691.603.42$6,406
Dec 201242,20586.773.42$7,889
Nov 201242,40286.953.62$9,055
Oct 2012398889.383.40$3,627
Sep 201241,54294.672.92$4,879
Aug 2012565692.662.91$2,371
Jul 201241,73985.133.02$5,594
Jun 201233,03879.822.52$7,892
May 201252,66191.612.49$7,079
Apr 201252,441101.652.00$5,382
Mar 201255,605105.052.22$12,980
Feb 20127981101.102.57$3,229
Jan 2012322,52098.092.73$10,029
Dec 2011313,36496.873.24$13,901
Nov 2011324,48695.723.31$17,917
Oct 2011282,96584.983.65$13,197
Sep 2011212,98183.623.99$13,638
Aug 2011153,28983.404.15$14,898
Jul 201146,09494.144.52$27,905
Jun 201144,76692.904.64$22,485
May 201142,56398.134.40$11,682
Apr 201142,280105.964.33$10,304
Mar 201142,18296.364.06$9,239
Feb 201152,29485.644.18$10,017
Jan 201174,51286.504.59$21,310
Dec 2010102,54085.734.35$11,901
Nov 201082,65480.843.80$10,720
Oct 201074,25478.103.51$15,474
Sep 2010104,41972.633.98$18,312
Aug 2010185,32473.684.42$24,855
Jul 2010824,28372.554.74$26,235
Jun 20101174,15570.364.91$28,635
May 20101585,67671.124.24$35,276
Apr 20101525,50981.694.12$35,129
Mar 20101846,70778.394.39$43,859
Feb 20101518,65273.585.44$58,198
Jan 201014318,90174.365.96$123,361
Dec 2009628,92971.445.48$159,068
Nov 2009630,26274.593.75$113,975
Oct 2009734,79872.544.11$143,536
Sep 200957,45465.543.06$23,172
Aug 2009343,10867.423.22$12,295
Jul 2009363,14261.133.46$13,086
Jun 2009433,57666.163.90$16,773
May 2009423,04554.743.93$14,253
Apr 2009833,02446.773.59$14,731
Mar 20094544,98842.144.06$39,378
Feb 20095923,55732.814.63$35,903
Jan 20095483,88435.865.37$40,512
Dec 20083194,19137.105.98$36,885
Nov 20084194,02655.496.86$50,870
Oct 20084324,79575.246.92$65,695
Sep 20083035,775101.767.88$76,323
Aug 20083807,736114.228.48$109,028
Jul 20083598,040131.0811.39$138,629
Jun 20084097,743131.3313.03$154,626
May 20083728,320123.1711.57$142,117
Apr 20084489,800110.3110.45$151,877
Mar 200845111,856101.909.66$160,534
Feb 200848315,05392.538.77$176,716
Jan 200815710,33290.388.21$98,971

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             6 bbl  × $106.41 =       $638
Gas                  242 Mcf  × $  3.05 =       $737

────────────────────────────────────────────────────
Month total                                   $1,376

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/233828 is the state's own key, not one this site invented.