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 243033District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$891 k
Mar 2008 – May 2026
Value, last 12 filed months
$13 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 Gas112009-12-30196239
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
CondensateDisposition345 bbl$21,279
GasProduction189,069 Mcf$869,580
Total$890,858

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 28.3219, -98.4676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32187, -98.46760 · 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
11,000 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 11,000 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-3113402224311,000 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 20260196106.413.05$597
Apr 2026026498.932.87$758
Mar 2026055089.753.15$1,732
Feb 2026025863.503.75$968
Jan 20260859.138.00$64
Dec 2025035556.664.41$1,567
Nov 2025040958.593.93$1,606
Oct 2025031159.383.30$1,028
Sep 2025040362.743.08$1,240
Aug 20250063.933.01$0
Jul 2025028166.743.32$932
Jun 2025093466.483.13$2,922
May 2025023960.553.23$773
Apr 2025040262.363.54$1,424
Mar 2025039467.704.27$1,682
Feb 2025018570.884.34$803
Jan 2025022074.324.28$941
Dec 2024030668.993.12$955
Nov 2024064369.052.20$1,414
Oct 2024050771.372.28$1,157
Sep 20241664469.612.36$2,636
Aug 202407275.632.06$149
Jul 202401,24979.932.15$2,681
Jun 2024022978.082.63$603
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401973.023.30$63
Dec 2023030671.262.61$799
Nov 20231717477.892.81$1,813
Oct 2023046985.443.09$1,448
Sep 2023015689.042.74$427
Aug 2023035280.522.67$941
Jul 2023025574.852.64$674
Jun 2023166768.962.26$1,255
May 2023022070.622.23$490
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023035276.533.39$1,192
Dec 2022028776.415.73$1,644
Nov 2022013085.005.65$734
Oct 2022015187.185.86$885
Sep 2022034984.888.16$2,849
Aug 2022019994.529.13$1,816
Jul 20220249101.587.54$1,878
Jun 20220220115.097.98$1,755
May 20220296109.378.43$2,496
Apr 20220256104.226.84$1,750
Mar 20220212108.885.08$1,076
Feb 2022023891.054.86$1,156
Jan 2022039381.844.54$1,783
Dec 2021051471.323.90$2,004
Nov 2021029177.435.24$1,524
Oct 2021031579.795.71$1,800
Sep 2021018269.865.35$974
Aug 202109066.024.22$380
Jul 2021044870.783.98$1,784
Jun 2021027869.493.38$940
May 2021047563.483.02$1,433
Apr 2021013960.362.76$383
Mar 202108861.302.72$239
Feb 202109057.805.55$499
Jan 2021022450.412.81$630
Dec 2020016744.642.68$447
Nov 2020023838.772.71$644
Oct 2020038136.972.48$944
Sep 2020028237.091.99$561
Aug 20200039.982.39$0
Jul 202025038.371.83$959
Jun 20200034.901.69$0
May 202008516.921.81$154
Apr 202005014.751.80$90
Mar 2020022230.341.86$412
Feb 2020012149.881.98$240
Jan 2020084157.252.09$1,762
Dec 2019024359.012.30$560
Nov 2019057955.302.75$1,593
Oct 2019051953.472.42$1,255
Sep 2019058755.052.66$1,560
Aug 20192941853.112.30$2,503
Jul 2019063556.272.46$1,562
Jun 2019020352.782.49$506
May 2019039158.482.74$1,071
Apr 2019051162.632.75$1,406
Mar 2019061456.803.06$1,880
Feb 2019045850.852.79$1,279
Jan 20194968446.033.23$4,464
Dec 2018045946.594.19$1,921
Nov 2018057052.934.24$2,415
Oct 2018046561.443.40$1,580
Sep 2018032359.543.11$1,004
Aug 2018086759.403.07$2,659
Jul 201801,35465.142.93$3,970
Jun 2018711,27560.183.08$8,196
May 2018382,12065.382.90$8,634
Apr 201802,37763.842.90$6,895
Mar 20180061.222.79$0
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 20150132.362.00$2
Nov 2015030138.792.17$652
Oct 201599343.552.43$618
Sep 2015019242.992.76$530
Aug 201508240.162.87$236
Jul 2015021348.152.95$627
Jun 2015030156.152.88$868
May 2015733855.212.96$1,385
Apr 2015735749.822.71$1,315
Mar 2015028742.892.93$842
Feb 2015013744.662.98$408
Jan 2015038143.433.10$1,181
Dec 2014022654.693.59$812
Nov 2014020970.464.25$889
Oct 2014031578.303.90$1,229
Sep 2014238186.164.05$1,714
Aug 2014268889.394.04$2,955
Jul 2014288396.564.18$3,884
Jun 2014284998.164.74$4,218
May 2014297294.734.73$4,784
Apr 2014189895.944.81$4,415
Mar 201401,08295.895.06$5,471
Feb 2014072997.406.19$4,514
Jan 2014060090.404.86$2,916
Dec 2013093891.824.35$4,085
Nov 201301,49388.853.74$5,581
Oct 2013033697.423.78$1,270
Sep 20130372104.113.72$1,383
Aug 201301,056104.253.52$3,720
Jul 20130935102.523.72$3,476
Jun 2013062794.403.93$2,466
May 2013077594.834.15$3,216
Apr 201311,06593.964.28$4,655
Mar 2013178293.623.91$3,153
Feb 2013073491.233.42$2,510
Jan 2013170791.603.42$2,509
Dec 2012178186.773.42$2,758
Nov 2012180186.953.62$2,991
Oct 2012176689.383.40$2,694
Sep 2012197194.672.92$2,928
Aug 2012198292.662.91$2,948
Jul 201211,12585.133.02$3,484
Jun 201211,06079.822.52$2,750
May 2012188591.612.49$2,294
Apr 201211,027101.652.00$2,152
Mar 201211,069105.052.22$2,480
Feb 20121997101.102.57$2,664
Jan 201211,13898.092.73$3,209
Dec 201111,04996.873.24$3,495
Nov 201111,44695.723.31$4,884
Oct 201111,24484.983.65$4,624
Sep 201111,31483.623.99$5,321
Aug 201101,23483.404.15$5,120
Jul 201101,39494.144.52$6,297
Jun 201101,26392.904.64$5,860
May 201101,32198.134.40$5,819
Apr 201101,558105.964.33$6,751
Mar 201101,35596.364.06$5,498
Feb 2011085085.644.18$3,553
Jan 201101,19086.504.59$5,461
Dec 201001,48085.734.35$6,435
Nov 201001,66980.843.80$6,334
Oct 201001,87878.103.51$6,590
Sep 201001,99972.633.98$7,955
Aug 201002,29373.684.42$10,134
Jul 201002,44872.554.74$11,595
Jun 201002,60670.364.91$12,797
May 201003,20771.124.24$13,582
Apr 201002,89381.694.12$11,927
Mar 201003,67078.394.39$16,106
Feb 201003,52373.585.44$19,173
Jan 201004,17474.365.96$24,894
Dec 200904,48971.445.48$24,617
Nov 200905,65574.593.75$21,215
Oct 200907,10072.544.11$29,183
Sep 200907,67865.543.06$23,531
Aug 2009013,89567.423.22$44,721
Jul 200914,92961.133.46$17,138
Jun 2009273666.163.90$2,999
May 200931,23954.743.93$5,028
Apr 2009398746.773.59$3,681
Mar 200921,00842.144.06$4,176
Feb 2009295232.814.63$4,476
Jan 200921,40435.865.37$7,613
Dec 200811,07437.105.98$6,457
Nov 200821,20755.496.86$8,391
Oct 200821,39475.246.92$9,800
Sep 200811,778101.767.88$14,107
Aug 200822,107114.228.48$18,102
Jul 200821,993131.0811.39$22,961
Jun 200822,339131.3313.03$30,746
May 200813,098123.1711.57$35,980
Apr 200824,003110.3110.45$42,071
Mar 200815,427101.909.66$52,549

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                  196 Mcf  × $  3.05 =       $597

────────────────────────────────────────────────────
Month total                                     $597

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/243033 is the state's own key, not one this site invented.