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 243071District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Sep 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
213
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 Gas112009-02-09189302
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
CondensateDisposition7,036 bbl$398,090
GasProduction483,249 Mcf$1,935,585
Total$2,333,675

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 28.3554, -98.4870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35535, -98.48705 · 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
10,200 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 10,200 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-3113408324710,200 ftSep 2009

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 (213)

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

213 months

May 20262174106.413.05$743
Apr 2026022198.932.87$634
Mar 2026014889.753.15$466
Feb 2026025163.503.75$941
Jan 202604859.138.00$384
Dec 2025033456.664.41$1,474
Nov 2025140058.593.93$1,629
Oct 2025138259.383.30$1,322
Sep 20250062.743.08$0
Aug 202503463.933.01$103
Jul 20251066.743.32$67
Jun 2025223666.483.13$871
May 2025575060.553.23$2,727
Apr 202541,10762.363.54$4,172
Mar 2025410367.704.27$710
Feb 2025637970.884.34$2,070
Jan 202512974.324.28$198
Dec 2024725068.993.12$1,263
Nov 2024641169.052.20$1,318
Oct 2024432871.372.28$1,034
Sep 2024535969.612.36$1,197
Aug 2024444475.632.06$1,219
Jul 2024834779.932.15$1,384
Jun 2024654478.082.63$1,901
May 2024359278.812.20$1,538
Apr 20241084.451.66$84
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402673.023.30$86
Dec 2023742671.262.61$1,611
Nov 202351,07577.892.81$3,408
Oct 20230085.443.09$0
Sep 2023110289.042.74$368
Aug 202362680.522.67$553
Jul 202351,16974.852.64$3,463
Jun 2023246668.962.26$1,190
May 202351,06770.622.23$2,730
Apr 2023555078.122.24$1,621
Mar 202361,33272.852.39$3,625
Feb 2023984875.112.47$2,767
Jan 202371,44876.533.39$5,441
Dec 202261,27476.415.73$7,757
Nov 202241,06985.005.65$6,376
Oct 202231,32887.185.86$8,049
Sep 202241,04084.888.16$8,830
Aug 2022471994.529.13$6,941
Jul 202261,285101.587.54$10,301
Jun 20227985115.097.98$8,663
May 20224949109.378.43$8,440
Apr 20229833104.226.84$6,634
Mar 20226740108.885.08$4,410
Feb 2022651591.054.86$3,049
Jan 2022827981.844.54$1,921
Dec 2021773371.323.90$3,357
Nov 2021787077.435.24$5,098
Oct 202171,13979.795.71$7,067
Sep 2021961169.865.35$3,898
Aug 2021455366.024.22$2,598
Jul 2021438470.783.98$1,812
Jun 2021783869.493.38$3,319
May 2021385263.483.02$2,761
Apr 202191,00660.362.76$3,318
Mar 20211895361.302.72$3,693
Feb 2021111,43857.805.55$8,614
Jan 2021756750.412.81$1,946
Dec 2020766244.642.68$2,084
Nov 2020630238.772.71$1,050
Oct 202081,76636.972.48$4,673
Sep 202051,18637.091.99$2,547
Aug 2020498339.982.39$2,504
Jul 2020250138.371.83$991
Jun 20205034.901.69$175
May 2020021416.921.81$388
Apr 2020222014.751.80$426
Mar 202035930.341.86$201
Feb 2020464349.881.98$1,473
Jan 2020528357.252.09$879
Dec 2019436659.012.30$1,079
Nov 2019131,02555.302.75$3,538
Oct 20192129653.472.42$1,839
Sep 20191778955.052.66$3,032
Aug 20191893353.112.30$3,106
Jul 2019191,43656.272.46$4,602
Jun 2019241,88252.782.49$5,955
May 20191660358.482.74$2,588
Apr 2019301,06262.632.75$4,800
Mar 2019371,12356.803.06$5,540
Feb 2019441,05950.852.79$5,194
Jan 2019511,11746.033.23$5,953
Dec 2018471,36346.594.19$7,894
Nov 2018501,36752.934.24$8,439
Oct 20182453261.443.40$3,282
Sep 2018311,21359.543.11$5,616
Aug 2018351,05859.403.07$5,323
Jul 2018491,38365.142.93$7,247
Jun 2018531,39960.183.08$7,494
May 2018461,29565.382.90$6,764
Apr 2018461,47863.842.90$7,224
Mar 2018482,77761.222.79$10,678
Feb 20183131061.782.77$2,773
Jan 20184633962.874.01$4,251
Dec 20174148157.272.92$3,753
Nov 2017322,20055.423.12$8,634
Oct 20176140749.292.98$4,221
Sep 2017381,06047.523.09$5,078
Aug 20172925645.373.00$2,085
Jul 20173331643.873.09$2,423
Jun 20172929742.493.09$2,149
May 20173478045.373.26$4,088
Apr 20172978847.933.21$3,921
Mar 2017221,07446.772.98$4,233
Feb 20173782750.452.95$4,308
Jan 2017511,12249.413.42$6,356
Dec 2016401,33148.763.72$6,905
Nov 2016211,37642.492.64$4,531
Oct 20164740046.193.09$3,407
Sep 2016261,37341.553.10$5,337
Aug 2016301,01541.442.92$4,211
Jul 2016241,60441.622.92$5,690
Jun 2016251,44945.352.69$5,026
May 20161774842.521.99$2,212
Apr 2016201,47236.561.99$3,662
Mar 2016221,19533.011.79$2,870
Feb 2016161,25226.472.06$3,007
Jan 2016181,27327.352.36$3,502
Dec 2015161,15232.362.00$2,823
Nov 2015281,49738.792.17$4,331
Oct 2015201,68743.552.43$4,965
Sep 2015211,55742.992.76$5,198
Aug 2015472,00840.162.87$7,655
Jul 20152082,15648.152.95$16,365
Jun 20152601,98756.152.88$20,327
May 20152881,87955.212.96$21,454
Apr 20152722,26249.822.71$19,673
Mar 20152451,78342.892.93$15,741
Feb 20152282,20544.662.98$16,745
Jan 2015421,32943.433.10$5,945
Dec 2014481,70354.693.59$8,741
Nov 2014501,67470.464.25$10,641
Oct 2014512,08378.303.90$12,119
Sep 2014421,99986.164.05$11,706
Aug 2014562,45789.394.04$14,920
Jul 2014212,23696.564.18$11,373
Jun 201402,49898.164.74$11,833
May 201402,18294.734.73$10,313
Apr 201402,23895.944.81$10,763
Mar 201402,39095.895.06$12,086
Feb 201401,89297.406.19$11,715
Jan 201401,77690.404.86$8,633
Dec 201301,87691.824.35$8,169
Nov 201302,05388.853.74$7,675
Oct 201302,08897.423.78$7,891
Sep 201301,770104.113.72$6,580
Aug 201311,533104.253.52$5,504
Jul 201332,208102.523.72$8,516
Jun 201352,01394.403.93$8,390
May 201352,00194.834.15$8,776
Apr 201372,44193.964.28$11,112
Mar 201392,48993.623.91$10,582
Feb 2013102,58291.233.42$9,743
Jan 2013132,88691.603.42$11,061
Dec 2012112,85586.773.42$10,719
Nov 2012122,27786.953.62$9,297
Oct 2012122,38689.383.40$9,184
Sep 2012162,76694.672.92$9,587
Aug 2012192,90592.662.91$10,209
Jul 201283,06585.133.02$9,940
Jun 201233,13979.822.52$8,147
May 201253,89891.612.49$10,158
Apr 201242,984101.652.00$6,365
Mar 201243,062105.052.22$7,224
Feb 201253,686101.102.57$9,979
Jan 201294,29498.092.73$12,623
Dec 2011104,69196.873.24$16,166
Nov 201193,16495.723.31$11,338
Oct 201193,34184.983.65$12,955
Sep 201173,87783.623.99$16,038
Aug 201183,95583.404.15$17,078
Jul 2011425,78494.144.52$30,082
Jun 2011603,12192.904.64$20,055
May 2011724,94898.134.40$28,860
Apr 2011665,742105.964.33$31,875
Mar 2011644,34596.364.06$23,796
Feb 2011474,80285.644.18$24,097
Jan 2011126,68786.504.59$31,723
Dec 2010105,57985.734.35$25,113
Nov 201076,91280.843.80$26,799
Oct 201076,39178.103.51$22,972
Sep 2010107,87772.633.98$32,073
Aug 201095,59273.684.42$25,376
Jul 2010710,16772.554.74$48,664
Jun 201056,02870.364.91$29,952
May 201076,73971.124.24$29,039
Apr 201076,01781.694.12$25,378
Mar 2010710,75178.394.39$47,731
Feb 2010710,78873.585.44$59,227
Jan 20103510,93574.365.96$67,820
Dec 20098013,17471.445.48$77,958
Nov 20097816,86074.593.75$69,068
Oct 20098223,09272.544.11$100,862
Sep 20093310,03865.543.06$32,927
Aug 2009205,48667.423.22$19,005
Jul 2009165,00261.133.46$18,308
Jun 2009185,70066.163.90$23,392
May 2009186,16454.743.93$25,184
Apr 2009465,77746.773.59$22,876
Mar 20093258,48342.144.06$48,128
Feb 20093906,56632.814.63$43,216
Jan 20094038,24535.865.37$58,735
Dec 200826610,25737.105.98$71,176
Nov 200832034355.496.86$20,110
Oct 200836942275.246.92$30,685
Sep 2008625,034101.767.88$45,962

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                  174 Mcf  × $  3.05 =       $530

────────────────────────────────────────────────────
Month total                                     $743

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/243071 is the state's own key, not one this site invented.