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 241923District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Aug 2008 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
214
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 Gas112009-01-15188071
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
CondensateDisposition6,088 bbl$384,240
GasProduction255,763 Mcf$1,247,554
Total$1,631,794

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 28.3694, -98.4755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36943, -98.47555 · 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
10,350 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 10,350 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-3113406424610,350 ftAug 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 (214)

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

214 months

May 20262185106.413.05$776
Apr 202607698.932.87$218
Mar 2026121389.753.15$761
Feb 2026116463.503.75$679
Jan 2026130759.138.00$2,514
Dec 2025128256.664.41$1,301
Nov 2025127658.593.93$1,142
Oct 2025118559.383.30$671
Sep 2025119062.743.08$647
Aug 202518563.933.01$320
Jul 202519266.743.32$372
Jun 2025230466.483.13$1,084
May 2025441460.553.23$1,580
Apr 2025343062.363.54$1,711
Mar 2025741367.704.27$2,237
Feb 2025624270.884.34$1,476
Jan 2025327074.324.28$1,378
Dec 2024725368.993.12$1,273
Nov 2024638369.052.20$1,256
Oct 2024531071.372.28$1,064
Sep 2024632269.612.36$1,179
Aug 2024546875.632.06$1,344
Jul 2024938579.932.15$1,546
Jun 2024669078.082.63$2,286
May 2024417678.812.20$702
Apr 2024228184.451.66$635
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402873.023.30$92
Dec 2023655571.262.61$1,877
Nov 202341,10777.892.81$3,420
Oct 20231085.443.09$85
Sep 20230089.042.74$0
Aug 20234680.522.67$338
Jul 2023518174.852.64$852
Jun 2023129468.962.26$733
May 2023423270.622.23$799
Apr 2023525178.122.24$952
Mar 2023530972.852.39$1,104
Feb 2023736275.112.47$1,418
Jan 2023648076.533.39$2,085
Dec 2022528076.415.73$1,986
Nov 2022342685.005.65$2,660
Oct 2022344987.185.86$2,894
Sep 2022235784.888.16$3,084
Aug 2022224394.529.13$2,407
Jul 20222232101.587.54$1,953
Jun 20225210115.097.98$2,251
May 20223246109.378.43$2,403
Apr 20225211104.226.84$1,964
Mar 20223129108.885.08$982
Feb 2022325791.054.86$1,522
Jan 202231481.844.54$309
Dec 2021413171.323.90$796
Nov 2021412377.435.24$954
Oct 2021725179.795.71$1,993
Sep 202177969.865.35$912
Aug 202127966.024.22$465
Jul 2021318670.783.98$953
Jun 2021519669.493.38$1,010
May 2021319363.483.02$773
Apr 2021710960.362.76$723
Mar 20211433761.302.72$1,774
Feb 2021837857.805.55$2,560
Jan 2021627950.412.81$1,087
Dec 2020532644.642.68$1,095
Nov 2020529838.772.71$1,000
Oct 20201036.972.48$37
Sep 2020556437.091.99$1,308
Aug 2020476439.982.39$1,982
Jul 2020238238.371.83$774
Jun 20202134.901.69$71
May 202006516.921.81$118
Apr 202018014.751.80$159
Mar 202011730.341.86$62
Feb 2020233649.881.98$765
Jan 202019657.252.09$258
Dec 201904259.012.30$97
Nov 2019126255.302.75$776
Oct 2019113053.472.42$368
Sep 2019125755.052.66$738
Aug 2019115053.112.30$399
Jul 2019130356.272.46$802
Jun 2019240052.782.49$1,102
May 2019232458.482.74$1,005
Apr 2019223062.632.75$758
Mar 2019226856.803.06$934
Feb 2019215250.852.79$526
Jan 2019324546.033.23$929
Dec 2018423146.594.19$1,153
Nov 20181427952.934.24$1,923
Oct 20185320261.443.40$3,943
Sep 20181620859.543.11$1,599
Aug 20181724159.403.07$1,749
Jul 20182419565.142.93$2,135
Jun 20183226160.183.08$2,729
May 20182124165.382.90$2,072
Apr 20182524763.842.90$2,313
Mar 20181920661.222.79$1,737
Feb 20181218261.782.77$1,245
Jan 20181818862.874.01$1,885
Dec 20172020257.272.92$1,736
Nov 20171521855.423.12$1,511
Oct 20173327049.292.98$2,432
Sep 20175347.523.09$247
Aug 20171320045.373.00$1,191
Jul 20172630843.873.09$2,092
Jun 20172521642.493.09$1,729
May 20172426445.373.26$1,950
Apr 20172732147.933.21$2,325
Mar 20172030846.772.98$1,854
Feb 20172823550.452.95$2,106
Jan 20173934449.413.42$3,103
Dec 20164234148.763.72$3,317
Nov 20162935342.492.64$2,166
Oct 20165438446.193.09$3,681
Sep 20164037441.553.10$2,822
Aug 2016636941.442.92$1,328
Jul 2016642541.622.92$1,493
Jun 2016839545.352.69$1,424
May 2016538642.521.99$981
Apr 2016547036.561.99$1,119
Mar 2016741333.011.79$972
Feb 2016747626.472.06$1,168
Jan 2016747927.352.36$1,324
Dec 2015751732.362.00$1,261
Nov 2015947938.792.17$1,387
Oct 2015856043.552.43$1,707
Sep 2015744542.992.76$1,528
Aug 2015758240.162.87$1,953
Jul 2015666048.152.95$2,233
Jun 2015563056.152.88$2,097
May 2015663455.212.96$2,205
Apr 2015745149.822.71$1,569
Mar 2015762542.892.93$2,134
Feb 2015760844.662.98$2,122
Jan 20151466243.433.10$2,661
Dec 20141959754.693.59$3,183
Nov 20142469470.464.25$4,642
Oct 20142065078.303.90$4,102
Sep 20142592686.164.05$5,900
Aug 20141086389.394.04$4,376
Jul 20140096.564.18$0
Jun 2014726298.164.74$1,928
May 20141475594.734.73$4,895
Apr 20141463495.944.81$4,392
Mar 20141679595.895.06$5,554
Feb 20141564297.406.19$5,436
Jan 20141663590.404.86$4,533
Dec 20131465091.824.35$4,116
Nov 20131355688.853.74$3,234
Oct 20132666697.423.78$5,050
Sep 201330638104.113.72$5,495
Aug 201333721104.253.52$5,980
Jul 201329717102.523.72$5,639
Jun 20134664994.403.93$6,895
May 20134465494.834.15$6,886
Apr 20135771193.964.28$8,401
Mar 20133789393.623.91$6,958
Feb 2013287291.233.42$3,165
Jan 2013267191.603.42$2,478
Dec 2012290486.773.42$3,265
Nov 2012395786.953.62$3,730
Oct 2012394589.383.40$3,481
Sep 201231,22794.672.92$3,865
Aug 2012390392.662.91$2,904
Jul 201231,10085.133.02$3,578
Jun 201221,20779.822.52$3,200
May 201251,33091.612.49$3,768
Apr 201251,179101.652.00$2,862
Mar 201251,271105.052.22$3,350
Feb 201251,223101.102.57$3,649
Jan 201251,30898.092.73$4,067
Dec 201151,34296.873.24$4,832
Nov 201151,29995.723.31$4,780
Oct 201151,61884.983.65$6,328
Sep 201151,69283.623.99$7,162
Aug 2011261,81983.404.15$9,716
Jul 2011431,91394.144.52$12,690
Jun 2011351,45192.904.64$9,984
May 2011471,87398.134.40$12,862
Apr 2011432,012105.964.33$13,275
Mar 2011442,16496.364.06$13,020
Feb 2011392,28885.644.18$12,904
Jan 2011512,66686.504.59$16,645
Dec 2010562,48785.734.35$15,614
Nov 2010462,86880.843.80$14,604
Oct 2010503,20078.103.51$15,133
Sep 2010503,23872.633.98$16,517
Aug 2010523,44173.684.42$19,038
Jul 2010333,56572.554.74$19,280
Jun 2010153,77670.364.91$19,597
May 2010204,31471.124.24$19,693
Apr 2010204,66881.694.12$20,879
Mar 2010235,26778.394.39$24,918
Feb 2010194,77273.585.44$27,369
Jan 2010204,72174.365.96$29,644
Dec 2009125,17271.445.48$29,219
Nov 2009126,01374.593.75$23,453
Oct 200974,21572.544.11$17,832
Sep 2009141,37265.543.06$5,122
Aug 20092373,81267.423.22$28,247
Jul 20094893,13061.133.46$40,736
Jun 20095714,10766.163.90$53,774
May 20095754,29154.743.93$48,321
Apr 20096564,32546.773.59$46,197
Mar 20093285,37242.144.06$35,627
Feb 20091553,50232.814.63$21,310
Jan 20091505,65435.865.37$35,747
Dec 2008817,37337.105.98$47,075
Nov 200810111,38255.496.86$83,689
Oct 200811115,20775.246.92$113,614
Sep 20088515,314101.767.88$129,279
Aug 20086918,087114.228.48$161,314

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             2 bbl  × $106.41 =       $213
Gas                  185 Mcf  × $  3.05 =       $563

────────────────────────────────────────────────────
Month total                                     $776

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/241923 is the state's own key, not one this site invented.