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 278990District 01Field 00256500CondensateGasSaveExport
Value, all time
$86 k
Mar 2015 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
135
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.

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
CondensateDisposition117 bbl$7,845
GasProduction23,796 Mcf$78,359
Total$86,205

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 28.3995, -98.4598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.39949, -98.45984 · 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
10,341 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 10,341 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-3113386823010,341 ftJan 2006

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 (135)

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

135 months

May 20260108106.413.05$329
Apr 2026034798.932.87$996
Mar 2026012189.753.15$381
Feb 2026023663.503.75$885
Jan 2026018659.138.00$1,488
Dec 2025023156.664.41$1,019
Nov 2025058158.593.93$2,281
Oct 2025017259.383.30$568
Sep 2025010962.743.08$335
Aug 2025026063.933.01$784
Jul 2025011866.743.32$391
Jun 2025019366.483.13$604
May 2025013860.553.23$446
Apr 2025016262.363.54$574
Mar 2025028567.704.27$1,216
Feb 2025026470.884.34$1,146
Jan 2025045374.324.28$1,938
Dec 2024025568.993.12$796
Nov 2024035369.052.20$776
Oct 2024025371.372.28$577
Sep 2024044569.612.36$1,052
Aug 2024059675.632.06$1,230
Jul 2024044879.932.15$962
Jun 2024112378.082.63$402
May 2024154078.812.20$1,266
Apr 20242084.451.66$169
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202314071.262.61$998
Nov 202323077.892.81$1,791
Oct 20233085.443.09$256
Sep 20230089.042.74$0
Aug 202307780.522.67$206
Jul 2023023974.852.64$631
Jun 2023030668.962.26$691
May 2023027170.622.23$604
Apr 2023030378.122.24$678
Mar 2023126872.852.39$714
Feb 2023335475.112.47$1,098
Jan 2023820376.533.39$1,300
Dec 2022243776.415.73$2,656
Nov 20221026685.005.65$2,352
Oct 202269587.185.86$1,080
Sep 2022313884.888.16$1,381
Aug 202249594.529.13$1,245
Jul 20220331101.587.54$2,496
Jun 2022049115.097.98$391
May 2022083109.378.43$700
Apr 20220179104.226.84$1,224
Mar 20220236108.885.08$1,198
Feb 2022035691.054.86$1,730
Jan 2022031181.844.54$1,411
Dec 2021010771.323.90$417
Nov 2021026677.435.24$1,393
Oct 2021024779.795.71$1,411
Sep 202109569.865.35$508
Aug 202102166.024.22$89
Jul 202101370.783.98$52
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202107460.362.76$204
Mar 2021019861.302.72$538
Feb 202101057.805.55$55
Jan 202106850.412.81$191
Dec 2020022444.642.68$599
Nov 2020033538.772.71$907
Oct 2020039536.972.48$979
Sep 202009437.091.99$187
Aug 2020033539.982.39$799
Jul 2020034738.371.83$633
Jun 20200034.901.69$0
May 202003316.921.81$60
Apr 202005814.751.80$105
Mar 202006330.341.86$117
Feb 2020033549.881.98$664
Jan 2020036057.252.09$754
Dec 20190059.012.30$0
Nov 2019023755.302.75$652
Oct 2019028653.472.42$692
Sep 201903455.052.66$90
Aug 2019015353.112.30$353
Jul 201904056.272.46$98
Jun 2019011852.782.49$294
May 2019025558.482.74$699
Apr 2019026762.632.75$734
Mar 2019034456.803.06$1,053
Feb 2019010250.852.79$285
Jan 2019052546.033.23$1,695
Dec 2018017546.594.19$732
Nov 2018044152.934.24$1,869
Oct 2018021861.443.40$741
Sep 2018028459.543.11$883
Aug 2018024159.403.07$739
Jul 2018025065.142.93$733
Jun 2018037560.183.08$1,154
May 2018053765.382.90$1,558
Apr 201801,33263.842.90$3,864
Mar 201801861.222.79$50
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016522046.193.09$911
Sep 2016520741.553.10$850
Aug 2016318541.442.92$665
Jul 2016422141.622.92$813
Jun 2016432745.352.69$1,060
May 2016325342.521.99$631
Apr 2016224736.561.99$565
Mar 2016428533.011.79$643
Feb 2016312426.472.06$335
Jan 2016324327.352.36$657
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0

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                  108 Mcf  × $  3.05 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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/278990 is the state's own key, not one this site invented.