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 242977District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Mar 2008 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
219
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 Gas112009-12-30196237
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
CondensateDisposition519 bbl$32,864
GasProduction374,512 Mcf$1,666,940
Total$1,699,804

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 28.3258, -98.4720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32584, -98.47202 · 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
10,950 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 10,950 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-3113402424210,950 ftMar 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 (219)

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

219 months

May 20260220106.413.05$670
Apr 2026012898.932.87$367
Mar 2026047389.753.15$1,490
Feb 2026019663.503.75$735
Jan 20260859.138.00$64
Dec 2025035556.664.41$1,567
Nov 2025027258.593.93$1,068
Oct 2025045559.383.30$1,504
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025032166.743.32$1,064
Jun 2025082566.483.13$2,581
May 202509960.553.23$320
Apr 2025019362.363.54$684
Mar 2025041567.704.27$1,771
Feb 2025030470.884.34$1,320
Jan 20250074.324.28$0
Dec 2024030568.993.12$952
Nov 2024078569.052.20$1,726
Oct 2024034371.372.28$783
Sep 20242083769.612.36$3,371
Aug 2024033175.632.06$683
Jul 202406979.932.15$148
Jun 202401,61778.082.63$4,259
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 2023023171.262.61$603
Nov 20232017477.892.81$2,046
Oct 2023064785.443.09$1,997
Sep 20230089.042.74$0
Aug 2023026780.522.67$714
Jul 2023034374.852.64$906
Jun 20232225268.962.26$2,086
May 2023032170.622.23$715
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023039376.533.39$1,331
Dec 2022014776.415.73$842
Nov 2022012685.005.65$711
Oct 2022018187.185.86$1,061
Sep 2022043484.888.16$3,543
Aug 2022021794.529.13$1,981
Jul 20220271101.587.54$2,044
Jun 20220137115.097.98$1,093
May 20220375109.378.43$3,162
Apr 20220217104.226.84$1,484
Mar 20220206108.885.08$1,046
Feb 2022015291.054.86$739
Jan 2022042781.844.54$1,938
Dec 2021032271.323.90$1,256
Nov 2021022177.435.24$1,157
Oct 202105479.795.71$309
Sep 2021035969.865.35$1,921
Aug 2021020066.024.22$844
Jul 2021030470.783.98$1,211
Jun 202105469.493.38$183
May 2021012563.483.02$377
Apr 2021015160.362.76$417
Mar 202107461.302.72$201
Feb 2021022457.805.55$1,243
Jan 2021033350.412.81$936
Dec 2020012144.642.68$324
Nov 2020023138.772.71$625
Oct 2020033236.972.48$823
Sep 2020049637.091.99$988
Aug 20200039.982.39$0
Jul 202022038.371.83$844
Jun 20200034.901.69$0
May 202005916.921.81$107
Apr 202006514.751.80$117
Mar 202003330.341.86$61
Feb 2020017449.881.98$345
Jan 2020046757.252.09$978
Dec 2019021959.012.30$505
Nov 2019046155.302.75$1,268
Oct 2019095353.472.42$2,305
Sep 201902,83955.052.66$7,544
Aug 2019362,09253.112.30$6,733
Jul 201901,70156.272.46$4,185
Jun 2019057352.782.49$1,427
May 2019093258.482.74$2,554
Apr 201901,23862.632.75$3,405
Mar 2019041156.803.06$1,259
Feb 2019038050.852.79$1,061
Jan 2019671,19446.033.23$6,938
Dec 201801,26446.594.19$5,290
Nov 201801,37152.934.24$5,809
Oct 201803,18161.443.40$10,809
Sep 201801,79759.543.11$5,585
Aug 201802,45359.403.07$7,522
Jul 201801,78765.142.93$5,239
Jun 20181042,28260.183.08$13,280
May 2018783,71465.382.90$15,873
Apr 201805,65363.842.90$16,398
Mar 201802,68061.222.79$7,469
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015054938.792.17$1,190
Oct 20151317543.552.43$991
Sep 20150042.992.76$0
Aug 2015051140.162.87$1,468
Jul 2015060748.152.95$1,788
Jun 2015030456.152.88$876
May 20151884955.212.96$3,503
Apr 20151868449.822.71$2,748
Mar 2015037842.892.93$1,109
Feb 2015065244.662.98$1,940
Jan 2015080443.433.10$2,493
Dec 201401,22754.693.59$4,407
Nov 201406770.464.25$285
Oct 2014094678.303.90$3,690
Sep 2014479886.164.05$3,573
Aug 201452,04889.394.04$8,711
Jul 201431,42596.564.18$6,246
Jun 201442,06798.164.74$10,184
May 201442,41294.734.73$11,779
Apr 201412,30395.944.81$11,171
Mar 201412,81495.895.06$14,326
Feb 2014031997.406.19$1,975
Jan 201401,82690.404.86$8,876
Dec 201312,99991.824.35$13,151
Nov 201301,24988.853.74$4,669
Oct 201312,13597.423.78$8,166
Sep 20130796104.113.72$2,959
Aug 201303,443104.253.52$12,128
Jul 2013071102.523.72$264
Jun 201301,30394.403.93$5,125
May 201311,33594.834.15$5,634
Apr 201312,05093.964.28$8,873
Mar 201312,55793.623.91$10,099
Feb 201311,09191.233.42$3,822
Jan 201321,90691.603.42$6,702
Dec 201222,93986.773.42$10,225
Nov 201221,62186.953.62$6,050
Oct 201222,86289.383.40$9,909
Sep 201211,81294.672.92$5,383
Aug 201232,62992.662.91$7,924
Jul 201222,96485.133.02$9,124
Jun 2012063679.822.52$1,602
May 201221,94291.612.49$5,016
Apr 201221,618101.652.00$3,434
Mar 201222,568105.052.22$5,916
Feb 201221,541101.102.57$4,163
Jan 201232,32598.092.73$6,651
Dec 201141,97196.873.24$6,773
Nov 201142,08595.723.31$7,287
Oct 201142,01284.983.65$7,681
Sep 201132,38383.623.99$9,749
Aug 201112,37683.404.15$9,942
Jul 201102,91994.144.52$13,186
Jun 201102,41692.904.64$11,210
May 201102,87198.134.40$12,646
Apr 201102,916105.964.33$12,636
Mar 201103,44496.364.06$13,973
Feb 201102,79585.644.18$11,683
Jan 201103,28286.504.59$15,060
Dec 201003,46485.734.35$15,061
Nov 201003,96080.843.80$15,030
Oct 201004,47178.103.51$15,688
Sep 201004,55072.633.98$18,107
Aug 201005,17473.684.42$22,866
Jul 201005,48572.554.74$25,980
Jun 201005,56070.364.91$27,302
May 201006,20271.124.24$26,267
Apr 201006,60081.694.12$27,210
Mar 201007,43478.394.39$32,625
Feb 201007,49673.585.44$40,796
Jan 201009,54174.365.96$56,903
Dec 2009011,10171.445.48$60,875
Nov 2009013,23974.593.75$49,666
Oct 2009015,14372.544.11$62,242
Sep 2009021,07465.543.06$64,587
Aug 2009025,46567.423.22$81,959
Jul 2009210,57361.133.46$36,752
Jun 200932,15566.163.90$8,592
May 200933,28754.743.93$13,068
Apr 200931,31746.773.59$4,865
Mar 200921,56442.144.06$6,433
Feb 200922,07932.814.63$9,698
Jan 200921,37835.865.37$7,473
Dec 200811,74437.105.98$10,461
Nov 200822,16855.496.86$14,984
Oct 200821,74275.246.92$12,209
Sep 200812,590101.767.88$20,503
Aug 200823,425114.228.48$29,283
Jul 200823,897131.0811.39$44,647
Jun 200824,545131.3313.03$59,496
May 200815,987123.1711.57$69,418
Apr 200828,720110.3110.45$91,387
Mar 200802,100101.909.66$20,295

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                  220 Mcf  × $  3.05 =       $670

────────────────────────────────────────────────────
Month total                                     $670

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/242977 is the state's own key, not one this site invented.