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 247481District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Nov 2008 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
211
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 Gas112009-07-10190761
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
CondensateDisposition31,619 bbl$1,847,969
GasProduction199,868 Mcf$775,954
Total$2,623,923

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 28.4086, -98.4672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40863, -98.46723 · 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
10,300 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 10,300 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-3113410824810,300 ftNov 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 (211)

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

211 months

May 202610200106.413.05$1,673
Apr 2026926998.932.87$1,662
Mar 2026328789.753.15$1,173
Feb 2026331963.503.75$1,387
Jan 2026557259.138.00$4,870
Dec 2025524156.664.41$1,347
Nov 20251121258.593.93$1,477
Oct 20253829059.383.30$3,215
Sep 20252718862.743.08$2,272
Aug 20253030063.933.01$2,822
Jul 2025040866.743.32$1,353
Jun 2025021666.483.13$676
May 2025218960.553.23$732
Apr 20251296962.363.54$4,182
Mar 2025012067.704.27$512
Feb 2025016670.884.34$721
Jan 2025016974.324.28$723
Dec 20241144668.993.12$2,151
Nov 2024234469.052.20$894
Oct 2024314671.372.28$547
Sep 2024411769.612.36$555
Aug 2024517975.632.06$748
Jul 2024312679.932.15$510
Jun 2024713478.082.63$900
May 2024418278.812.20$715
Apr 2024419984.451.66$668
Mar 2024030680.301.55$473
Feb 20240076.091.78$0
Jan 202401973.023.30$63
Dec 2023625871.262.61$1,101
Nov 2023622077.892.81$1,085
Oct 2023416885.443.09$860
Sep 2023723789.042.74$1,271
Aug 2023626080.522.67$1,178
Jul 20231227574.852.64$1,625
Jun 2023049468.962.26$1,116
May 2023115970.622.23$425
Apr 2023211078.122.24$402
Mar 2023331272.852.39$965
Feb 2023214875.112.47$515
Jan 2023825276.533.39$1,466
Dec 2022519576.415.73$1,499
Nov 2022216685.005.65$1,107
Oct 2022642287.185.86$2,998
Sep 2022547784.888.16$4,318
Aug 2022316494.529.13$1,780
Jul 20224176101.587.54$1,734
Jun 20225601115.097.98$5,370
May 20225358109.378.43$3,566
Apr 20223498104.226.84$3,718
Mar 20227232108.885.08$1,940
Feb 2022423091.054.86$1,482
Jan 2022423981.844.54$1,412
Dec 2021327471.323.90$1,282
Nov 2021423177.435.24$1,519
Oct 2021422979.795.71$1,628
Sep 2021420269.865.35$1,360
Aug 2021625066.024.22$1,451
Jul 2021224070.783.98$1,097
Jun 2021219869.493.38$808
May 2021314063.483.02$613
Apr 2021727060.362.76$1,167
Mar 2021917761.302.72$1,033
Feb 2021619257.805.55$1,412
Jan 20211237150.412.81$1,648
Dec 20201123144.642.68$1,109
Nov 20202110838.772.71$1,106
Oct 20202819636.972.48$1,521
Sep 20201717037.091.99$969
Aug 20201822339.982.39$1,252
Jul 20201731438.371.83$1,225
Jun 20201820934.901.69$981
May 202003716.921.81$67
Apr 2020212914.751.80$262
Mar 2020828730.341.86$775
Feb 2020832249.881.98$1,037
Jan 2020920957.252.09$953
Dec 201923659.012.30$201
Nov 20191113755.302.75$985
Oct 20192320453.472.42$1,723
Sep 20191739355.052.66$1,980
Aug 20191927453.112.30$1,640
Jul 20191520056.272.46$1,336
Jun 20191429552.782.49$1,474
May 20191423258.482.74$1,454
Apr 20191731362.632.75$1,926
Mar 20191939956.803.06$2,301
Feb 20191320050.852.79$1,219
Jan 20191131946.033.23$1,536
Dec 2018837146.594.19$1,926
Nov 20183929352.934.24$3,306
Oct 20185137861.443.40$4,418
Sep 20183223959.543.11$2,648
Aug 20183534359.403.07$3,131
Jul 20184130165.142.93$3,553
Jun 20183244760.183.08$3,301
May 20183538465.382.90$3,402
Apr 20183444063.842.90$3,447
Mar 20182661661.222.79$3,308
Feb 20182639161.782.77$2,688
Jan 20183472762.874.01$5,052
Dec 20172859357.272.92$3,336
Nov 20173943355.423.12$3,512
Oct 20175691549.292.98$5,490
Sep 20172461147.523.09$3,027
Aug 20171828845.373.00$1,682
Jul 20172942143.873.09$2,572
Jun 20173036042.493.09$2,386
May 20174648945.373.26$3,683
Apr 20173536447.933.21$2,847
Mar 20173449446.772.98$3,064
Feb 20172638550.452.95$2,448
Jan 20172435449.413.42$2,396
Dec 20162857348.763.72$3,498
Nov 20163557042.492.64$2,994
Oct 20163666746.193.09$3,724
Sep 20164059241.553.10$3,498
Aug 20163877641.442.92$3,844
Jul 20164192341.622.92$4,406
Jun 20162961845.352.69$2,975
May 2016341,04342.521.99$3,522
Apr 20162676936.561.99$2,482
Mar 2016281,03333.011.79$2,777
Feb 2016361,41226.472.06$3,867
Jan 2016291,01227.352.36$3,186
Dec 20154282932.362.00$3,018
Nov 20153777338.792.17$3,111
Oct 20154981943.552.43$4,121
Sep 20155491542.992.76$4,845
Aug 2015381,05640.162.87$4,559
Jul 2015381,29248.152.95$5,635
Jun 2015391,49456.152.88$6,497
May 2015301,57755.212.96$6,317
Apr 2015351,31649.822.71$5,306
Mar 2015321,19542.892.93$4,879
Feb 2015321,05644.662.98$4,572
Jan 2015371,01443.433.10$4,751
Dec 20143381954.693.59$4,746
Nov 2014361,04470.464.25$6,975
Oct 2014371,14178.303.90$7,348
Sep 2014431,29886.164.05$8,956
Aug 2014461,48089.394.04$10,084
Jul 2014482,10896.564.18$13,445
Jun 2014341,83398.164.74$12,020
May 2014531,71494.734.73$13,122
Apr 2014591,31595.944.81$11,984
Mar 2014551,28895.895.06$11,787
Feb 20143872697.406.19$8,197
Jan 20145999490.404.86$10,165
Dec 2013511,12991.824.35$9,599
Nov 2013571,98088.853.74$12,466
Oct 20134585597.423.78$7,615
Sep 2013451,005104.113.72$8,421
Aug 2013461,238104.253.52$9,156
Jul 2013481,196102.523.72$9,367
Jun 2013461,34794.403.93$9,641
May 20134547794.834.15$6,246
Apr 2013361,13393.964.28$8,235
Mar 2013611,26893.623.91$10,672
Feb 2013651,31791.233.42$10,434
Jan 2013751,15191.603.42$10,806
Dec 2012641,25286.773.42$9,835
Nov 2012851,94586.953.62$14,441
Oct 2012671,09889.383.40$9,721
Sep 2012701,27894.672.92$10,357
Aug 2012771,45192.662.91$11,355
Jul 2012671,78385.133.02$11,090
Jun 2012781,81879.822.52$10,806
May 2012641,42491.612.49$9,406
Apr 2012601,603101.652.00$9,300
Mar 2012501,680105.052.22$8,986
Feb 2012432,171101.102.57$9,927
Jan 2012291,86398.092.73$7,938
Dec 2011422,12996.873.24$10,966
Nov 2011572,13795.723.31$12,532
Oct 2011512,43284.983.65$13,207
Sep 2011431,73783.623.99$10,519
Aug 2011412,72683.404.15$14,730
Jul 2011582,36094.144.52$16,121
Jun 2011341,43692.904.64$9,821
May 2011551,78198.134.40$13,242
Apr 2011572,016105.964.33$14,776
Mar 2011471,84496.364.06$12,011
Feb 2011552,20585.644.18$13,927
Jan 2011602,14186.504.59$15,015
Dec 2010711,81385.734.35$13,969
Nov 2010721,98580.843.80$13,354
Oct 2010782,64878.103.51$15,383
Sep 2010894,11172.633.98$22,824
Aug 2010772,22073.684.42$15,484
Jul 20101312,41872.554.74$20,957
Jun 20101062,29070.364.91$18,703
May 20101182,37971.124.24$18,468
Apr 20101532,66381.694.12$23,477
Mar 20109712,39178.394.39$86,610
Feb 20101,8602,96473.585.44$152,990
Jan 20101,6843,23774.365.96$144,528
Dec 20092,0984,93871.445.48$176,960
Nov 20092,8228,59674.593.75$242,741
Oct 20093331,62872.544.11$30,847
Sep 20092781,54965.543.06$22,967
Aug 20093251,51167.423.22$26,775
Jul 20093141,46961.133.46$24,284
Jun 20094061,39166.163.90$32,279
May 20091,1631,79754.743.93$70,717
Apr 20092,2271,75546.773.59$110,453
Mar 20092,0372,06742.144.06$94,229
Feb 20092,1572,06532.814.63$80,338
Jan 20093,2142,67435.865.37$129,616
Dec 20082,3163,97337.105.98$109,671
Nov 20081,6573,03455.496.86$112,761

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            10 bbl  × $106.41 =     $1,064
Gas                  200 Mcf  × $  3.05 =       $609

────────────────────────────────────────────────────
Month total                                   $1,673

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/247481 is the state's own key, not one this site invented.