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 248932District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$947 k
Dec 2008 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
210
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 Gas112009-07-31192594
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
CondensateDisposition1,369 bbl$80,476
GasProduction221,068 Mcf$866,834
Total$947,310

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 28.3010, -98.4614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30100, -98.46136 · 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
11,300 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 11,300 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-311341051511,300 ftDec 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 (210)

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

210 months

May 20260657106.413.05$2,001
Apr 202601,61198.932.87$4,623
Mar 2026085889.753.15$2,702
Feb 2026046263.503.75$1,733
Jan 202601,03359.138.00$8,262
Dec 2025053656.664.41$2,366
Nov 2025041958.593.93$1,645
Oct 2025080059.383.30$2,644
Sep 202501,16462.743.08$3,582
Aug 202501,06663.933.01$3,214
Jul 202501,85366.743.32$6,143
Jun 202501,15066.483.13$3,598
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 202309380.522.67$249
Jul 202307874.852.64$206
Jun 2023517268.962.26$733
May 2023046970.622.23$1,045
Apr 2023010378.122.24$230
Mar 2023029472.852.39$704
Feb 2023023775.112.47$584
Jan 2023031076.533.39$1,050
Dec 202208376.415.73$476
Nov 2022026985.005.65$1,519
Oct 2022049187.185.86$2,879
Sep 2022030184.888.16$2,457
Aug 2022061194.529.13$5,577
Jul 20220591101.587.54$4,457
Jun 20220303115.097.98$2,417
May 20220520109.378.43$4,385
Apr 20220329104.226.84$2,250
Mar 20220453108.885.08$2,300
Feb 2022051191.054.86$2,483
Jan 2022055581.844.54$2,518
Dec 2021038371.323.90$1,493
Nov 2021036877.435.24$1,927
Oct 2021046779.795.71$2,668
Sep 2021051069.865.35$2,729
Aug 2021069066.024.22$2,912
Jul 2021088270.783.98$3,512
Jun 2021049069.493.38$1,657
May 2021052663.483.02$1,587
Apr 2021059960.362.76$1,652
Mar 2021085061.302.72$2,309
Feb 2021859857.805.55$3,780
Jan 2021036550.412.81$1,026
Dec 2020037644.642.68$1,006
Nov 2020058638.772.71$1,586
Oct 2020061936.972.48$1,534
Sep 2020037337.091.99$743
Aug 2020053339.982.39$1,271
Jul 2020049238.371.83$898
Jun 2020073334.901.69$1,239
May 2020084316.921.81$1,530
Apr 20200014.751.80$0
Mar 2020073830.341.86$1,370
Feb 2020060149.881.98$1,190
Jan 2020078257.252.09$1,638
Dec 20191534159.012.30$1,671
Nov 2019073555.302.75$2,022
Oct 201901,15253.472.42$2,786
Sep 2019052355.052.66$1,390
Aug 2019063153.112.30$1,454
Jul 2019064656.272.46$1,589
Jun 2019075952.782.49$1,891
May 2019064558.482.74$1,768
Apr 2019063862.632.75$1,755
Mar 20194562856.803.06$4,479
Feb 2019070650.852.79$1,971
Jan 2019062046.033.23$2,001
Dec 2018074346.594.19$3,110
Nov 2018076752.934.24$3,250
Oct 2018085561.443.40$2,905
Sep 2018068059.543.11$2,113
Aug 2018089059.403.07$2,729
Jul 201812079765.142.93$10,154
Jun 2018068760.183.08$2,114
May 2018064665.382.90$1,874
Apr 2018091163.842.90$2,643
Mar 2018090161.222.79$2,511
Feb 2018070761.782.77$1,956
Jan 2018083362.874.01$3,340
Dec 2017068357.272.92$1,995
Nov 201716890055.423.12$12,117
Oct 20175667149.292.98$4,762
Sep 2017046447.523.09$1,433
Aug 2017041845.373.00$1,256
Jul 2017061743.873.09$1,905
Jun 2017061442.493.09$1,896
May 2017070245.373.26$2,291
Apr 201717258647.933.21$10,126
Mar 2017065446.772.98$1,951
Feb 2017059950.452.95$1,769
Jan 2017052849.413.42$1,805
Dec 2016064648.763.72$2,405
Nov 2016045942.492.64$1,214
Oct 201616458346.193.09$9,377
Sep 2016057141.553.10$1,770
Aug 2016067041.442.92$1,959
Jul 201615961941.622.92$8,428
Jun 2016064645.352.69$1,735
May 2016068342.521.99$1,360
Apr 2016074436.561.99$1,481
Mar 2016076433.011.79$1,371
Feb 2016070826.472.06$1,461
Jan 2016073327.352.36$1,733
Dec 2015061732.362.00$1,235
Nov 2015076638.792.17$1,660
Oct 2015061343.552.43$1,487
Sep 201515456342.992.76$8,173
Aug 2015072640.162.87$2,085
Jul 2015065448.152.95$1,926
Jun 20153172856.152.88$3,839
May 2015052155.212.96$1,540
Apr 2015064949.822.71$1,757
Mar 2015062842.892.93$1,843
Feb 2015037844.662.98$1,125
Jan 2015061843.433.10$1,916
Dec 2014064754.693.59$2,324
Nov 2014054270.464.25$2,305
Oct 2014071078.303.90$2,770
Sep 2014092086.164.05$3,722
Aug 2014074189.394.04$2,990
Jul 2014074596.564.18$3,114
Jun 2014078298.164.74$3,704
May 2014061894.734.73$2,921
Apr 201401,00395.944.81$4,824
Mar 201401,15395.895.06$5,830
Feb 201411,00697.406.19$6,327
Jan 201401,05190.404.86$5,109
Dec 201301,33491.824.35$5,809
Nov 201301,02588.853.74$3,832
Oct 201301,02097.423.78$3,855
Sep 201301,303104.113.72$4,844
Aug 201301,500104.253.52$5,284
Jul 201301,013102.523.72$3,766
Jun 201391,16494.403.93$5,428
May 201301,03694.834.15$4,298
Apr 201301,04593.964.28$4,475
Mar 201301,20893.623.91$4,727
Feb 2013095991.233.42$3,280
Jan 201301,00291.603.42$3,427
Dec 2012171,26186.773.42$5,788
Nov 201201,06886.953.62$3,871
Oct 201201,30289.383.40$4,426
Sep 201201,01894.672.92$2,971
Aug 201201,14992.662.91$3,341
Jul 2012201,09385.133.02$5,004
Jun 201201,09379.822.52$2,753
May 201201,38091.612.49$3,434
Apr 201201,106101.652.00$2,208
Mar 201201,142105.052.22$2,538
Feb 201201,337101.102.57$3,436
Jan 201201,38698.092.73$3,789
Dec 201101,22896.873.24$3,978
Nov 2011291,18495.723.31$6,696
Oct 201101,23784.983.65$4,513
Sep 201101,56383.623.99$6,230
Aug 201101,81783.404.15$7,539
Jul 201101,87694.144.52$8,474
Jun 201101,51392.904.64$7,020
May 2011301,86098.134.40$11,137
Apr 2011701,933105.964.33$15,793
Mar 201102,17796.364.06$8,833
Feb 201102,14285.644.18$8,954
Jan 2011662,75886.504.59$18,365
Dec 2010302,91185.734.35$15,228
Nov 201003,20380.843.80$12,156
Oct 201003,76978.103.51$13,225
Sep 201003,34372.633.98$13,303
Aug 201004,61373.684.42$20,387
Jul 201003,12872.554.74$14,816
Jun 201004,53570.364.91$22,269
May 201006,89971.124.24$29,219
Apr 201009,02381.694.12$37,199
Mar 2010015,05478.394.39$66,067
Feb 201008,72373.585.44$47,474
Jan 2010058374.365.96$3,477
Dec 2009085871.445.48$4,705
Nov 2009072874.593.75$2,731
Oct 2009082472.544.11$3,387
Sep 2009066665.543.06$2,041
Aug 200901,03167.423.22$3,318
Jul 200901,55161.133.46$5,373
Jun 200901,57666.163.90$6,139
May 200901,86754.743.93$7,329
Apr 200902,24846.773.59$8,065
Mar 200902,59042.144.06$10,513
Feb 200901,46532.814.63$6,787
Jan 200903,93735.865.37$21,146
Dec 200804,84337.105.98$28,947

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                  657 Mcf  × $  3.05 =     $2,001

────────────────────────────────────────────────────
Month total                                   $2,001

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/248932 is the state's own key, not one this site invented.