SWR "M"

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 243841District 01Field 002565002 tax incentive programmesGasSaveExport
Value, all time
$1.5 M
Oct 2008 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
212
no gaps in the span
Streams
1
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 Gas112009-04-22190760
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
GasProduction336,671 Mcf$1,547,970
Total$1,547,970

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 28.3382, -98.4390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33817, -98.43901 · 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
11,100 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 11,100 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-31134088511,100 ftOct 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 (212)

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

212 months

May 20260106.413.05$0
Apr 20261,03998.932.87$2,982
Mar 202619889.753.15$624
Feb 202631663.503.75$1,185
Jan 20262,72959.138.00$21,826
Dec 202524256.664.41$1,068
Nov 202586058.593.93$3,377
Oct 202541259.383.30$1,362
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 20255666.743.32$186
Jun 202540066.483.13$1,251
May 202519660.553.23$634
Apr 202597462.363.54$3,451
Mar 202544867.704.27$1,912
Feb 202583870.884.34$3,638
Jan 2025074.324.28$0
Dec 202429468.993.12$918
Nov 202417169.052.20$376
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202337485.443.09$1,155
Sep 2023089.042.74$0
Aug 202331280.522.67$834
Jul 202331474.852.64$830
Jun 2023068.962.26$0
May 202315670.622.23$347
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 202350376.533.39$1,704
Dec 2022076.415.73$0
Nov 202217285.005.65$971
Oct 20222387.185.86$135
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 2022386101.587.54$2,911
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 20213266.024.22$135
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 202144663.483.02$1,346
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 202142057.805.55$2,330
Jan 202131450.412.81$882
Dec 202035344.642.68$944
Nov 2020038.772.71$0
Oct 202025236.972.48$625
Sep 202023937.091.99$476
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 20201416.921.81$25
Apr 20202014.751.80$36
Mar 202055630.341.86$1,032
Feb 202056649.881.98$1,121
Jan 202046757.252.09$978
Dec 20191,03259.012.30$2,378
Nov 201951355.302.75$1,411
Oct 201934253.472.42$827
Sep 201935955.052.66$954
Aug 20191,06653.112.30$2,456
Jul 20196656.272.46$162
Jun 20191,82452.782.49$4,544
May 20192,26358.482.74$6,201
Apr 20191,37262.632.75$3,774
Mar 20191,52756.803.06$4,676
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 20183046.594.19$126
Nov 20182152.934.24$89
Oct 2018061.443.40$0
Sep 201849859.543.11$1,548
Aug 20182,23159.403.07$6,842
Jul 20182,33065.142.93$6,831
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201623727.352.36$560
Dec 20151,63332.362.00$3,268
Nov 201564438.792.17$1,396
Oct 201566643.552.43$1,616
Sep 201577942.992.76$2,149
Aug 201568640.162.87$1,971
Jul 201557948.152.95$1,705
Jun 201570256.152.88$2,024
May 201536655.212.96$1,082
Apr 201583349.822.71$2,255
Mar 201534142.892.93$1,001
Feb 201545644.662.98$1,357
Jan 201595943.433.10$2,974
Dec 201459054.693.59$2,119
Nov 201491270.464.25$3,878
Oct 201494578.303.90$3,686
Sep 20141,23886.164.05$5,008
Aug 201479789.394.04$3,216
Jul 20141,43996.564.18$6,014
Jun 20141,07698.164.74$5,097
May 20141,35994.734.73$6,423
Apr 20141,78495.944.81$8,579
Mar 201490395.895.06$4,566
Feb 20141,60097.406.19$9,907
Jan 20149690.404.86$467
Dec 2013091.824.35$0
Nov 20131,26688.853.74$4,733
Oct 2013097.423.78$0
Sep 2013828104.113.72$3,078
Aug 20131,573104.253.52$5,541
Jul 20131,272102.523.72$4,729
Jun 20131,51794.403.93$5,967
May 20131,87494.834.15$7,775
Apr 20131,39293.964.28$5,961
Mar 20131,78193.623.91$6,969
Feb 20131,60991.233.42$5,503
Jan 20131,65991.603.42$5,674
Dec 20121,92786.773.42$6,591
Nov 20121,82586.953.62$6,616
Oct 20121,84189.383.40$6,259
Sep 20121,71694.672.92$5,008
Aug 20121,80392.662.91$5,243
Jul 20121,94485.133.02$5,872
Jun 20121,96079.822.52$4,937
May 20122,11791.612.49$5,268
Apr 2012900101.652.00$1,797
Mar 20122,086105.052.22$4,635
Feb 20122,282101.102.57$5,865
Jan 20122,67498.092.73$7,311
Dec 20112,65596.873.24$8,602
Nov 201183295.723.31$2,755
Oct 201191684.983.65$3,342
Sep 201186083.623.99$3,428
Aug 20111,37683.404.15$5,709
Jul 201183594.144.52$3,772
Jun 20112,05292.904.64$9,521
May 20112,28998.134.40$10,083
Apr 20113,227105.964.33$13,983
Mar 20113,93896.364.06$15,978
Feb 20113,40685.644.18$14,237
Jan 20115,01786.504.59$23,022
Dec 20105,93485.734.35$25,800
Nov 20104,50280.843.80$17,087
Oct 20103,99378.103.51$14,011
Sep 20103,82572.633.98$15,221
Aug 20104,26573.684.42$18,849
Jul 20104,48572.554.74$21,243
Jun 20104,58270.364.91$22,499
May 20105,08471.124.24$21,532
Apr 20105,30781.694.12$21,879
Mar 20106,08478.394.39$26,701
Feb 20106,15573.585.44$33,498
Jan 20107,77574.365.96$46,371
Dec 20098,09871.445.48$44,407
Nov 20097,77574.593.75$29,168
Oct 20097,07572.544.11$29,080
Sep 20092,40365.543.06$7,365
Aug 20094,90867.423.22$15,796
Jul 20095,43661.133.46$18,833
Jun 20095,67466.163.90$22,100
May 20096,69954.743.93$26,299
Apr 20097,41346.773.59$26,594
Mar 20098,63542.144.06$35,049
Feb 20099,56832.814.63$44,329
Jan 200913,38535.865.37$71,891
Dec 200817,83437.105.98$106,596
Nov 200816,96755.496.86$116,400
Oct 200835,37575.246.92$244,865

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.

Apr 2026 — as filed, then multipliedworked
Gas                1,039 Mcf  × $  2.87 =     $2,982

────────────────────────────────────────────────────
Month total                                   $2,982

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/243841 is the state's own key, not one this site invented.