SIDDONS OL

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 270305District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Feb 2013 – May 2026
Value, last 12 filed months
$207 k
at the published price for each month
Months reported
160
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 Gas112015-06-17212544
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
CondensateDisposition18,664 bbl$1,337,429
GasProduction1,727,504 Mcf$6,246,912
Total$7,584,341

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 28.2643, -98.5255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26428, -98.52546 · 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
10,960 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 10,960 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-311347724H10,960 ftNov 2013

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 (160)

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

160 months

May 202605,019106.413.05$15,287
Apr 202607,69298.932.87$22,074
Mar 202605,79889.753.15$18,260
Feb 202604,21263.503.75$15,796
Jan 202603,34259.138.00$26,729
Dec 202504,52856.664.41$19,984
Nov 202505,31458.593.93$20,865
Oct 202505,39459.383.30$17,826
Sep 202504,10762.743.08$12,637
Aug 202503,99063.933.01$12,029
Jul 202503,67866.743.32$12,193
Jun 202504,15166.483.13$12,987
May 202504,87160.553.23$15,745
Apr 202505,41262.363.54$19,175
Mar 202503,61967.704.27$15,447
Feb 20251588,08770.884.34$46,303
Jan 202504,60174.324.28$19,686
Dec 20241545,54168.993.12$27,920
Nov 202407,61669.052.20$16,743
Oct 202412910,79871.372.28$33,841
Sep 2024014,94769.612.36$35,340
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024167084.451.66$14,103
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024073273.023.30$2,414
Dec 202304,92571.262.61$12,858
Nov 20231585,65477.892.81$28,181
Oct 202305,66685.443.09$17,493
Sep 20231674,71089.042.74$27,752
Aug 20231646,54880.522.67$30,707
Jul 202306,78074.852.64$17,911
Jun 202304,89368.962.26$11,051
May 202305,95870.622.23$13,271
Apr 202305,28678.122.24$11,829
Mar 202303,65772.852.39$8,752
Feb 202304,64875.112.47$11,460
Jan 202304,64876.533.39$15,746
Dec 20221685,19576.415.73$42,599
Nov 202203,63885.005.65$20,541
Oct 20221663,62587.185.86$35,728
Sep 202205,53184.888.16$45,153
Aug 202205,79394.529.13$52,874
Jul 20221615,493101.587.54$57,783
Jun 202204,796115.097.98$38,259
May 202204,872109.378.43$41,086
Apr 20221574,473104.226.84$46,947
Mar 20221633,965108.885.08$37,875
Feb 20221543,84591.054.86$32,704
Jan 202204,30581.844.54$19,535
Dec 202105,77271.323.90$22,506
Nov 202103,42677.435.24$17,941
Oct 202124585879.795.71$24,451
Sep 202101,69869.865.35$9,086
Aug 202103,15366.024.22$13,308
Jul 202103,46470.783.98$13,794
Jun 202102,19769.493.38$7,427
May 20211486,08663.483.02$27,761
Apr 20211554,95060.362.76$23,010
Mar 202106,59761.302.72$17,924
Feb 202106,04557.805.55$33,537
Jan 20211594,46450.412.81$20,560
Dec 202016211,00644.642.68$36,678
Nov 202008,48238.772.71$22,957
Oct 202005,19236.972.48$12,868
Sep 20201553,84537.091.99$13,405
Aug 202005,54839.982.39$13,233
Jul 20201514,98738.371.83$14,896
Jun 20201384,17234.901.69$11,868
May 202006,48916.921.81$11,776
Apr 202005,30614.751.80$9,574
Mar 20201094,85030.341.86$12,310
Feb 202005,64749.881.98$11,185
Jan 20201196,11157.252.09$19,614
Dec 20191115,56459.012.30$19,372
Nov 201905,89555.302.75$16,215
Oct 2019665,88753.472.42$17,767
Sep 201905,35155.052.66$14,219
Aug 2019453,22453.112.30$9,819
Jul 201905,44056.272.46$13,383
Jun 2019806,55952.782.49$20,562
May 201907,44758.482.74$20,407
Apr 20191007,82962.632.75$27,798
Mar 2019726,04856.803.06$22,609
Feb 2019735,66450.852.79$19,527
Jan 201906,78046.033.23$21,887
Dec 2018756,84046.594.19$32,123
Nov 2018766,77752.934.24$32,738
Oct 2018734,89261.443.40$21,109
Sep 2018765,46459.543.11$21,507
Aug 201807,03559.403.07$21,573
Jul 2018847,25865.142.93$26,751
Jun 2018936,66060.183.08$26,089
May 2018978,85565.382.90$32,028
Apr 2018937,12063.842.90$26,591
Mar 20181018,75961.222.79$30,593
Feb 201806,48961.782.77$17,949
Jan 201814810,11862.874.01$49,871
Dec 20171958,77857.272.92$36,813
Nov 201709,52755.423.12$29,709
Oct 20171567,16249.292.98$29,058
Sep 201707,97647.523.09$24,624
Aug 20171537,69045.373.00$30,045
Jul 20171548,13643.873.09$31,874
Jun 20171368,07542.493.09$30,708
May 201707,84345.373.26$25,595
Apr 20171299,13547.933.21$35,521
Mar 20171448,65546.772.98$32,559
Feb 20172779,72650.452.95$42,692
Jan 201707,92649.413.42$27,097
Dec 201615111,93148.763.72$51,780
Nov 20161367,99642.492.64$26,923
Oct 201628010,69746.193.09$45,990
Sep 201609,33941.553.10$28,957
Aug 20161408,69941.442.92$31,240
Jul 201614210,08941.622.92$35,414
Jun 201612010,17345.352.69$32,765
May 20162359,93842.521.99$29,779
Apr 20161389,80336.561.99$24,563
Mar 20161369,65833.011.79$21,816
Feb 201613211,21926.472.06$26,646
Jan 201614910,31927.352.36$28,473
Dec 201506,82432.362.00$13,658
Nov 201528713,30038.792.17$39,958
Oct 201514311,41043.552.43$33,915
Sep 2015014,02142.992.76$38,676
Aug 201530418,93040.162.87$66,585
Jul 201530115,89348.152.95$61,299
Jun 201530115,53056.152.88$61,672
May 201515216,95355.212.96$58,496
Apr 201515715,26949.822.71$49,148
Mar 201529812,93842.892.93$50,751
Feb 201516513,07244.662.98$46,274
Jan 201534117,07343.433.10$67,747
Dec 201416614,20854.693.59$60,105
Nov 201434015,34570.464.25$89,201
Oct 201430916,69378.303.90$89,313
Sep 201429217,56486.164.05$96,213
Aug 201413117,83889.394.04$83,689
Jul 201440319,32296.564.18$119,672
Jun 201414118,70198.164.74$102,425
May 201430420,30494.734.73$124,766
Apr 201429921,45995.944.81$131,885
Mar 201431123,01295.895.06$146,189
Feb 201430324,82497.406.19$183,222
Jan 201444431,35890.404.86$192,560
Dec 201327531,35991.824.35$161,803
Nov 201328025,59188.853.74$120,544
Oct 201329429,47397.423.78$140,031
Sep 201342536,492104.113.72$179,915
Aug 201328943,214104.253.52$182,354
Jul 201343048,656102.523.72$224,974
Jun 201354056,16294.403.93$271,884
May 201354269,41194.834.15$339,390
Apr 201359389,07593.964.28$437,190
Mar 2013931120,12793.623.91$557,202
Feb 2013024,96091.233.42$85,361

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                5,019 Mcf  × $  3.05 =    $15,287

────────────────────────────────────────────────────
Month total                                  $15,287

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/270305 is the state's own key, not one this site invented.