WR "K"

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 248034District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$165 k
Jan 2009 – May 2026
Value, last 12 filed months
$485
at the published price for each month
Months reported
209
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 Gas112010-02-23197118
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
CondensateDisposition2,372 bbl$123,762
GasProduction12,287 Mcf$41,544
Total$165,306

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 28.4149, -98.4183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41494, -98.41827 · 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
10,800 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 10,800 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-311341191110,800 ftJan 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 (209)

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

209 months

May 2026058106.413.05$177
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202509366.743.32$308
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202402468.993.12$75
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20223094.529.13$284
Jul 202220101.587.54$203
Jun 202200115.097.98$0
May 202240109.378.43$437
Apr 202290104.226.84$938
Mar 2022160108.885.08$1,742
Feb 202212091.054.86$1,093
Jan 202211081.844.54$900
Dec 202112071.323.90$856
Nov 20210077.435.24$0
Oct 202151079.795.71$4,069
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20217069.493.38$486
May 20210063.483.02$0
Apr 20214060.362.76$241
Mar 20210061.302.72$0
Feb 202141257.805.55$298
Jan 20210050.412.81$0
Dec 202031944.642.68$185
Nov 202001138.772.71$30
Oct 20200136.972.48$2
Sep 20203237.091.99$115
Aug 20208339.982.39$327
Jul 202002938.371.83$53
Jun 202071234.901.69$265
May 202002716.921.81$49
Apr 202032214.751.80$84
Mar 202042930.341.86$175
Feb 202001449.881.98$28
Jan 202062057.252.09$385
Dec 201993059.012.30$600
Nov 20197755.302.75$406
Oct 20197653.472.42$389
Sep 2019711155.052.66$680
Aug 201989753.112.30$648
Jul 20190556.272.46$12
Jun 20195752.782.49$281
May 20192358.482.74$125
Apr 20192262.632.75$131
Mar 20190456.803.06$12
Feb 20192150.852.79$104
Jan 20190146.033.23$3
Dec 20182146.594.19$97
Nov 20181252.934.24$61
Oct 20181061.443.40$61
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20181165.142.93$68
Jun 201812060.183.08$722
May 201801065.382.90$29
Apr 201814563.842.90$908
Mar 2018451261.222.79$2,788
Feb 20184617361.782.77$3,320
Jan 20187428262.874.01$5,783
Dec 20173841,08657.272.92$25,164
Nov 20172955.423.12$139
Oct 20176049.292.98$296
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201701545.373.26$49
Apr 201723347.933.21$1,112
Mar 20170746.772.98$21
Feb 201724950.452.95$1,237
Jan 201701049.413.42$34
Dec 201630548.763.72$1,481
Nov 201601842.492.64$48
Oct 2016272246.193.09$1,315
Sep 20160741.553.10$22
Aug 20160041.442.92$0
Jul 201695041.622.92$521
Jun 201602345.352.69$62
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20165026.472.06$132
Jan 20160027.352.36$0
Dec 2015124332.362.00$4,019
Nov 20154612838.792.17$2,062
Oct 2015911343.552.43$3,995
Sep 20159111442.992.76$4,227
Aug 201521725340.162.87$9,441
Jul 20157962748.152.95$5,650
Jun 20156562856.152.88$5,460
May 201516267555.212.96$10,939
Apr 20157766949.822.71$5,647
Mar 20152604342.892.93$11,278
Feb 20151031,42444.662.98$8,838
Jan 2015073843.433.10$2,288
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20143096.564.18$290
Jun 201401098.164.74$47
May 20141094.734.73$95
Apr 20141695.944.81$125
Mar 20140095.895.06$0
Feb 20141097.406.19$97
Jan 20140190.404.86$5
Dec 20130091.824.35$0
Nov 20131088.853.74$89
Oct 20131297.423.78$105
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 20130093.964.28$0
Mar 20130193.623.91$4
Feb 20130091.233.42$0
Jan 20130391.603.42$10
Dec 20120186.773.42$3
Nov 20120586.953.62$18
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201201085.133.02$30
Jun 201202079.822.52$50
May 201218491.612.49$301
Apr 20121327101.652.00$755
Mar 2012066105.052.22$147
Feb 2012015101.102.57$39
Jan 20120098.092.73$0
Dec 201101296.873.24$39
Nov 20110095.723.31$0
Oct 20110884.983.65$29
Sep 20110083.623.99$0
Aug 201101083.404.15$41
Jul 20110094.144.52$0
Jun 201101092.904.64$46
May 20110098.134.40$0
Apr 201130105.964.33$318
Mar 2011541796.364.06$2,174
Feb 20111085.644.18$86
Jan 201111886.504.59$169
Dec 201001185.734.35$48
Nov 20104080.843.80$323
Oct 2010227778.103.51$1,988
Sep 20102688172.633.98$5,394
Aug 20101716773.684.42$1,991
Jul 2010165172.554.74$1,402
Jun 20101187270.364.91$5,056
May 201012571.124.24$177
Apr 201011881.694.12$156
Mar 201012578.394.39$188
Feb 201013173.585.44$242
Jan 201002974.365.96$173
Dec 200902371.445.48$126
Nov 200902674.593.75$98
Oct 200903672.544.11$148
Sep 200903565.543.06$107
Aug 200902767.423.22$87
Jul 200905661.133.46$194
Jun 200902666.163.90$101
May 200915454.743.93$267
Apr 2009118846.773.59$721
Mar 2009026442.144.06$1,072
Feb 20091112332.814.63$931
Jan 2009049935.865.37$2,680

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                   58 Mcf  × $  3.05 =       $177

────────────────────────────────────────────────────
Month total                                     $177

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/248034 is the state's own key, not one this site invented.