HUFF

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 248150District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Apr 2008 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
218
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 Gas112010-02-23196232
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
CondensateDisposition200 bbl$16,840
GasProduction473,384 Mcf$2,123,392
Total$2,140,232

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 28.3163, -98.4665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31631, -98.46646 · 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
11,070 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 11,070 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-311340301211,070 ftApr 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 (218)

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

218 months

May 20260384106.413.05$1,170
Apr 2026013098.932.87$373
Mar 2026035789.753.15$1,124
Feb 2026026363.503.75$986
Jan 202601,18259.138.00$9,454
Dec 2025014856.664.41$653
Nov 2025071658.593.93$2,811
Oct 2025012459.383.30$410
Sep 2025079762.743.08$2,452
Aug 202501,07363.933.01$3,235
Jul 202501,32366.743.32$4,386
Jun 202501,47566.483.13$4,615
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 20240068.993.12$0
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 2023072780.522.67$1,943
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023076770.622.23$1,708
Apr 202302,47278.122.24$5,532
Mar 202303,05772.852.39$7,316
Feb 202303,85475.112.47$9,503
Jan 2023048376.533.39$1,636
Dec 202205976.415.73$338
Nov 202205685.005.65$316
Oct 202201387.185.86$76
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202207991.054.86$384
Jan 202201,24981.844.54$5,668
Dec 202103,86471.323.90$15,066
Nov 202105,64377.435.24$29,552
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021012670.783.98$502
Jun 202102869.493.38$95
May 202105563.483.02$166
Apr 202104260.362.76$116
Mar 202108961.302.72$242
Feb 2021020457.805.55$1,132
Jan 2021018150.412.81$509
Dec 2020091544.642.68$2,448
Nov 202001,65338.772.71$4,474
Oct 202001,25836.972.48$3,118
Sep 2020015737.091.99$313
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190150.852.79$3
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180159.403.07$3
Jul 20180165.142.93$3
Jun 20180160.183.08$3
May 20180165.382.90$3
Apr 20180063.842.90$0
Mar 2018018461.222.79$513
Feb 20180061.782.77$0
Jan 2018049362.874.01$1,977
Dec 2017055057.272.92$1,607
Nov 2017065655.423.12$2,046
Oct 2017046349.292.98$1,381
Sep 201701,25147.523.09$3,862
Aug 201701,03445.373.00$3,107
Jul 201701,48843.873.09$4,594
Jun 201701,50942.493.09$4,659
May 201701,54145.373.26$5,029
Apr 201701,55347.933.21$4,988
Mar 201701,64846.772.98$4,917
Feb 201701,34850.452.95$3,980
Jan 201701,46049.413.42$4,991
Dec 201601,43348.763.72$5,335
Nov 201601,47642.492.64$3,903
Oct 201601,44646.193.09$4,469
Sep 201601,35641.553.10$4,204
Aug 201601,63041.442.92$4,767
Jul 201601,66341.622.92$4,863
Jun 201601,62845.352.69$4,373
May 201601,67242.521.99$3,329
Apr 201601,76836.561.99$3,520
Mar 201601,78933.011.79$3,209
Feb 201601,56626.472.06$3,232
Jan 201602,07427.352.36$4,904
Dec 201501,56032.362.00$3,122
Nov 201501,72038.792.17$3,728
Oct 201501,66643.552.43$4,043
Sep 201501,58242.992.76$4,364
Aug 201501,97940.162.87$5,685
Jul 201502,12348.152.95$6,252
Jun 201502,05456.152.88$5,921
May 201501,89455.212.96$5,598
Apr 201501,80649.822.71$4,888
Mar 201501,56242.892.93$4,584
Feb 201501,42644.662.98$4,244
Jan 201501,53443.433.10$4,756
Dec 201401,75554.693.59$6,303
Nov 201401,44470.464.25$6,140
Oct 201401,65278.303.90$6,444
Sep 201402,31186.164.05$9,349
Aug 201422,41389.394.04$9,916
Jul 201402,15496.564.18$9,003
Jun 201402,13498.164.74$10,109
May 201402,15694.734.73$10,190
Apr 201411,80395.944.81$8,767
Mar 201412,01395.895.06$10,275
Feb 201401,85297.406.19$11,468
Jan 201402,11390.404.86$10,271
Dec 201302,36991.824.35$10,316
Nov 201302,64688.853.74$9,891
Oct 201302,41297.423.78$9,116
Sep 201302,754104.113.72$10,239
Aug 201303,186104.253.52$11,223
Jul 201304,300102.523.72$15,986
Jun 201301,68594.403.93$6,628
May 201303,46794.834.15$14,385
Apr 201303,88893.964.28$16,651
Mar 201306,80493.623.91$26,623
Feb 201302,60691.233.42$8,912
Jan 201303,38491.603.42$11,573
Dec 201204,54686.773.42$15,548
Nov 201204,10686.953.62$14,884
Oct 201204,13689.383.40$14,061
Sep 201204,13994.672.92$12,079
Aug 201204,11692.662.91$11,970
Jul 201233,87785.133.02$11,967
Jun 201203,91379.822.52$9,857
May 201203,94591.612.49$9,816
Apr 201203,997101.652.00$7,981
Mar 201204,418105.052.22$9,817
Feb 201202,581101.102.57$6,634
Jan 201202,76298.092.73$7,552
Dec 201103,95396.873.24$12,807
Nov 2011354,96695.723.31$19,794
Oct 201105,37084.983.65$19,593
Sep 201104,31583.623.99$17,199
Aug 201104,95483.404.15$20,556
Jul 201104,85694.144.52$21,936
Jun 201106,22592.904.64$28,883
May 2011236,34898.134.40$30,219
Apr 2011194,286105.964.33$20,586
Mar 201106,14896.364.06$24,945
Feb 201105,22185.644.18$21,824
Jan 2011145,37686.504.59$25,880
Dec 2010135,96085.734.35$27,027
Nov 2010116,67080.843.80$26,204
Oct 201056,77578.103.51$24,163
Sep 201006,60472.633.98$26,280
Aug 201057,84773.684.42$35,047
Jul 201067,57372.554.74$36,305
Jun 201068,91570.364.91$44,198
May 201009,42471.124.24$39,913
Apr 201092,80981.694.12$12,316
Mar 20100078.394.39$0
Feb 201002,08573.585.44$11,347
Jan 20101311,13874.365.96$67,395
Dec 2009011,99071.445.48$65,750
Nov 2009011,67574.593.75$43,799
Oct 2009017,51772.544.11$71,999
Sep 2009020,50065.543.06$62,827
Aug 200901,69867.423.22$5,465
Jul 2009142,73461.133.46$10,328
Jun 200902,39466.163.90$9,325
May 200902,83654.743.93$11,133
Apr 200902,59846.773.59$9,320
Mar 200902,92542.144.06$11,873
Feb 200902,85732.814.63$13,236
Jan 200903,03835.865.37$16,317
Dec 2008144,47537.105.98$27,267
Nov 200803,31355.496.86$22,728
Oct 200803,67475.246.92$25,431
Sep 200803,365101.767.88$26,506
Aug 200864,407114.228.48$38,070
Jul 200805,399131.0811.39$61,492
Jun 200807,652131.3313.03$99,726
May 2008011,145123.1711.57$128,995
Apr 200808,944110.3110.45$93,508

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                  384 Mcf  × $  3.05 =     $1,170

────────────────────────────────────────────────────
Month total                                   $1,170

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/248150 is the state's own key, not one this site invented.