PENA

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the ALWORTH (FB-A, HINNANT 1ST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135181District 04Field 021655202 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1990-05-22
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1990-10-29.

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL FROM 9755' TO 9900'

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 Gas111995-05-24130602
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
CondensateDisposition2,906 bbl$54,883
GasProduction2,732,322 Mcf$1,795,456
Total$1,850,339

2,149,228 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.9337, -98.9499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.93371, -98.94988 · 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
10,000 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 10,000 ft.

Completions filed
May 1990
1 of 1 wells

1 well

42-24731891110,000 ftMay 1990

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 (401)

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

401 months

May 202600106.413.05$0
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 20250066.743.32$0
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 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 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 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 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
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 20190050.852.79$0
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
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 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
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
Feb 20150044.662.98$0
Jan 20150043.433.10$0
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 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201215089.383.40$1,341
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090165.543.06$3
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200901554.743.93$59
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200767075.846.24$5,081
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200701350.306.73$87
Dec 2006055456.656.92$3,833
Nov 2006032954.207.62$2,506
Oct 200604654.906.01$277
Sep 200603660.085.04$181
Aug 200606768.717.34$492
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006022966.016.42$1,471
Apr 200605164.397.36$375
Mar 2006063656.707.08$4,505
Feb 2006088957.597.75$6,891
Jan 2006084260.598.93$7,522
Dec 2005087154.9413.42$11,685
Nov 200501,00954.6910.59$10,684
Oct 2005086858.3413.80$11,975
Sep 2005099061.4512.08$11,958
Aug 2005082661.519.80$8,092
Jul 200501,04755.697.84$8,212
Jun 200501,00052.337.38$7,381
May 2005081445.226.65$5,414
Apr 200501,15249.207.36$8,479
Mar 200501,09650.377.15$7,842
Feb 200501,19045.226.31$7,511
Jan 200501,34543.166.32$8,503
Dec 200401,27339.866.75$8,594
Nov 200401,26445.286.33$8,002
Oct 200401,29149.706.52$8,411
Sep 200411,26743.245.28$6,738
Aug 200401,43142.375.55$7,943
Jul 200401,42138.286.08$8,646
Jun 200401,37436.106.43$8,839
May 200401,02537.486.49$6,657
Apr 2004088534.475.86$5,185
Mar 2004068634.365.53$3,794
Feb 200401,06632.455.51$5,873
Jan 200401,43032.036.30$9,008
Dec 200301,69830.266.30$10,700
Nov 200301,76228.804.60$8,097
Oct 200301,80128.174.76$8,572
Sep 200301,90326.314.75$9,038
Aug 200301,86129.765.13$9,546
Jul 200301,81529.415.17$9,385
Jun 200301,73728.565.98$10,392
May 200301,45226.595.97$8,672
Apr 200301,39726.675.41$7,554
Mar 200301,87831.146.10$11,448
Feb 200301,46333.487.93$11,596
Jan 200301,58230.315.58$8,831
Dec 200201,69326.914.85$8,217
Nov 200201,81124.664.14$7,492
Oct 2002034726.464.23$1,468
Sep 2002071627.443.64$2,603
Aug 200202,39425.963.16$7,575
Jul 200202,96424.583.06$9,075
Jun 200203,09723.733.34$10,339
May 200203,88224.663.58$13,913
Apr 200204,31623.653.51$15,159
Mar 200211,71922.003.10$5,356
Feb 200202618.222.38$62
Jan 2002023617.172.38$561
Dec 2001038116.932.36$901
Nov 2001056818.072.41$1,366
Oct 200102,20219.782.53$5,569
Sep 200103,87524.262.25$8,724
Aug 200112,76024.873.05$8,452
Jul 200103,09123.933.20$9,882
Jun 200104,19224.563.82$16,031
May 200104,57125.524.31$19,689
Apr 200103,17324.685.34$16,929
Mar 200115,07024.545.38$27,283
Feb 200105,40527.755.77$31,171
Jan 200115,18127.478.40$43,541
Dec 200004,88426.889.12$44,554
Nov 20001743,99332.215.66$28,197
Oct 200024,85731.235.15$25,054
Sep 200015,05331.875.19$26,239
Aug 200012,17029.644.54$9,883
Jul 200004,32428.534.09$17,684
Jun 200005,50029.304.40$24,185
May 200009,47127.263.68$34,851
Apr 200009,18324.513.12$28,614
Mar 200009,80828.422.86$28,048
Feb 200019,23827.622.73$25,215
Jan 200019,86125.272.48$24,485
Dec 199908,72524.282.42$21,147
Nov 1999110,15523.192.43$24,740
Oct 199904,82920.982.80$13,539
Sep 199905,40021.752.62$14,142
Aug 199907,97019.262.88$22,919
Jul 199908,06617.892.37$19,136
Jun 199909,72115.942.36$22,962
May 1999112,57715.792.32$29,207
Apr 199916915,52815.102.21$36,839
Mar 1999116,15412.471.84$29,709
Feb 1999014,1169.981.82$25,660
Jan 1999018,14910.381.90$34,482
Dec 1998021,4679.201.77$38,068
Nov 1998022,75610.892.19$49,738
Oct 1998018,33512.421.97$36,105
Sep 1998121,86312.592.08$45,545
Aug 199818015,38911.301.91$31,386
Jul 1998119,11311.742.24$42,773
Jun 199812,92311.242.24$6,551
May 199805,88612.622.21$12,987
Apr 199804,77413.042.51$11,960
Mar 199885,71512.802.31$13,301
Feb 199802,43613.952.30$5,601
Jan 199804,84014.702.15$10,429
Dec 199704,79216.322.41$11,554
Nov 199703,52018.193.09$10,871
Oct 199703,06619.253.15$9,657
Sep 199714,47617.742.95$13,244
Aug 199706,10017.862.55$15,584
Jul 199708,38217.582.25$18,834
Jun 1997112,45917.242.26$28,140
May 1997010,51918.972.31$24,283
Apr 199707,98917.882.08$16,639
Mar 199717916,89718.951.94$36,158
Feb 1997118,85220.492.21$41,606
Jan 1997016,46523.483.54$58,281
Dec 1996017,01623.32$0
Nov 1996022,17921.97$0
Oct 1996025,42123.31$0
Sep 1996032,07822.22$0
Aug 1996015,39720.26$0
Jul 199617811,87919.55$3,480
Jun 1996032,93718.73$0
May 1996040,79419.43$0
Apr 1996038,74821.51$0
Mar 1996035,64019.38$0
Feb 199616439,56616.98$2,785
Jan 1996044,72017.07$0
Dec 1995046,06017.19$0
Nov 199514247,77416.00$2,272
Oct 1995050,02315.43$0
Sep 1995043,68016.18$0
Aug 199516243,20915.92$2,579
Jul 1995043,99215.24$0
Jun 199516743,17916.41$2,740
May 1995037,18117.56$0
Apr 1995010,37917.73$0
Mar 199517015,23316.44$2,795
Feb 1995010,11516.58$0
Jan 1995019,50715.92$0
Dec 1994031,35115.03$0
Nov 1994035,68115.90$0
Oct 199415138,89515.58$2,353
Sep 1994036,49015.29$0
Aug 199413440,72116.13$2,161
Jul 1994031,49717.56$0
Jun 1994040,18617.09$0
May 1994043,14515.88$0
Apr 199413645,18414.14$1,923
Mar 1994047,86112.46$0
Feb 1994045,85212.50$0
Jan 1994051,62012.66$0
Dec 1993050,49012.33$0
Nov 199313854,45114.49$2,000
Oct 1993060,69615.85$0
Sep 1993058,57815.03$0
Aug 199318268,52515.66$2,850
Jul 19931376,55615.46$201
Jun 1993078,64916.79$0
May 199317281,33317.68$3,041
Apr 1993381,37918.05$54
Mar 1993097,23718.14$0
Feb 1993087,23117.90$0
Jan 199318298,91316.93$3,081

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.

Oct 2012 — as filed, then multipliedworked
Condensate            15 bbl  × $ 89.38 =     $1,341
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $1,341

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. 04/G/135181 is the state's own key, not one this site invented.