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 137147District 04Field 021655202 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 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 Gas111995-06-01132116
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
CondensateDisposition6,941 bbl$183,247
GasProduction6,709,510 Mcf$16,176,053
Total$16,359,299

2,762,462 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 26.9269, -98.9549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.92687, -98.95491 · 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
Jan 1991
1 of 1 wells

1 well

42-50532730210,000 ftJan 1991

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 2024016268.993.12$506
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 2024073773.023.30$2,430
Dec 202306,07571.262.61$15,860
Nov 202305,89277.892.81$16,542
Oct 2023076285.443.09$2,353
Sep 2023019789.042.74$539
Aug 202306,61280.522.67$17,673
Jul 202306,00674.852.64$15,867
Jun 202306,68968.962.26$15,107
May 202307,24170.622.23$16,129
Apr 202306,42078.122.24$14,366
Mar 202306,41672.852.39$15,355
Feb 202306,44175.112.47$15,881
Jan 202307,32676.533.39$24,818
Dec 202206,42776.415.73$36,821
Nov 202206,47785.005.65$36,570
Oct 20221686,74187.185.86$54,174
Sep 202206,99884.888.16$57,129
Aug 202206,25894.529.13$57,118
Jul 202205,937101.587.54$44,777
Jun 20220323115.097.98$2,577
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 20210777.435.24$37
Oct 202105,44479.795.71$31,106
Sep 202107,41369.865.35$39,666
Aug 202107,56566.024.22$31,929
Jul 202105,72970.783.98$22,813
Jun 202104,56569.493.38$15,433
May 202107,93363.483.02$23,939
Apr 202108,08460.362.76$22,299
Mar 202107,58761.302.72$20,613
Feb 202106,54957.805.55$36,334
Jan 202107,63950.412.81$21,468
Dec 2020176,73144.642.68$18,767
Nov 202008,07438.772.71$21,853
Oct 202007,31036.972.48$18,117
Sep 202007,69337.091.99$15,317
Aug 202008,12239.982.39$19,372
Jul 202007,81438.371.83$14,261
Jun 202007,68634.901.69$12,992
May 202007,69916.921.81$13,972
Apr 20201657,68214.751.80$16,295
Mar 202008,66130.341.86$16,077
Feb 202009,23449.881.98$18,290
Jan 202002257.252.09$46
Dec 20190059.012.30$0
Nov 201902,07455.302.75$5,705
Oct 201906,37653.472.42$15,421
Sep 201906,41455.052.66$17,044
Aug 201906,72753.112.30$15,501
Jul 201906,58556.272.46$16,200
Jun 201906,47952.782.49$16,140
May 201906,80658.482.74$18,651
Apr 201906,13962.632.75$16,887
Mar 201905,97456.803.06$18,293
Feb 201905,93550.852.79$16,572
Jan 201906,91346.033.23$22,316
Dec 201806,81546.594.19$28,524
Nov 201806,40552.934.24$27,140
Oct 201806,57261.443.40$22,332
Sep 201806,49259.543.11$20,177
Aug 201806,76959.403.07$20,758
Jul 201806,81265.142.93$19,972
Jun 201806,77560.183.08$20,846
May 201807,10765.382.90$20,616
Apr 201806,79163.842.90$19,699
Mar 201807,18061.222.79$20,010
Feb 201806,54761.782.77$18,110
Jan 201807,20562.874.01$28,887
Dec 201707,13657.272.92$20,848
Nov 201706,50055.423.12$20,269
Oct 201701,62949.292.98$4,860
Sep 2017159247.523.09$7,562
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201706,31545.373.26$20,608
Apr 201706,41547.933.21$20,602
Mar 201707,58246.772.98$22,622
Feb 201706,88550.452.95$20,329
Jan 201707,79149.413.42$26,636
Dec 201607,39148.763.72$27,515
Nov 201607,30042.492.64$19,304
Oct 201607,43246.193.09$22,967
Sep 201607,08041.553.10$21,952
Aug 201607,25541.442.92$21,216
Jul 201607,43941.622.92$21,754
Jun 201606,98545.352.69$18,761
May 201607,20042.521.99$14,335
Apr 201606,95436.561.99$13,846
Mar 201607,10533.011.79$12,746
Feb 201607,01326.472.06$14,472
Jan 201607,67527.352.36$18,146
Dec 201507,73332.362.00$15,477
Nov 201507,40938.792.17$16,058
Oct 201507,59243.552.43$18,423
Sep 201507,45642.992.76$20,567
Aug 201507,73840.162.87$22,227
Jul 201507,62248.152.95$22,447
Jun 201507,81756.152.88$22,535
May 201507,81155.212.96$23,085
Apr 20151817,72249.822.71$29,918
Mar 201508,18642.892.93$24,024
Feb 201506,91044.662.98$20,565
Jan 201507,15243.433.10$22,176
Dec 201407,47654.693.59$26,849
Nov 201407,18270.464.25$30,537
Oct 201407,11078.303.90$27,736
Sep 201407,04086.164.05$28,480
Aug 201407,56189.394.04$30,510
Jul 201407,09996.564.18$29,671
Jun 201401,15598.164.74$5,471
May 2014010694.734.73$501
Apr 201407595.944.81$361
Mar 201402895.895.06$142
Feb 20140097.406.19$0
Jan 201405,46690.404.86$26,569
Dec 2013010,16491.824.35$44,259
Nov 201309,34888.853.74$34,945
Oct 2013010,39597.423.78$39,286
Sep 201309,598104.113.72$35,683
Aug 2013010,457104.253.52$36,836
Jul 2013010,975102.523.72$40,802
Jun 201307,42194.403.93$29,190
May 2013010,15494.834.15$42,130
Apr 201309,97293.964.28$42,706
Mar 2013010,42193.623.91$40,776
Feb 2013010,06291.233.42$34,411
Jan 2013011,16291.603.42$38,173
Dec 201217511,68586.773.42$55,149
Nov 2012011,66386.953.62$42,278
Oct 201207,06989.383.40$24,032
Sep 2012011,05494.672.92$32,260
Aug 2012010,58292.662.91$30,774
Jul 2012010,81785.133.02$32,676
Jun 2012010,22979.822.52$25,767
May 2012011,24991.612.49$27,991
Apr 2012011,317101.652.00$22,598
Mar 2012011,466105.052.22$25,478
Feb 2012011,052101.102.57$28,406
Jan 2012010,21298.092.73$27,920
Dec 2011010,26196.873.24$33,243
Nov 2011010,89195.723.31$36,063
Oct 2011011,46684.983.65$41,834
Sep 2011010,52683.623.99$41,955
Aug 2011011,58183.404.15$48,053
Jul 2011010,29194.144.52$46,487
Jun 2011010,52092.904.64$48,812
May 2011010,31298.134.40$45,423
Apr 2011011,064105.964.33$47,943
Mar 2011011,89796.364.06$48,270
Feb 2011010,42885.644.18$43,589
Jan 2011010,23286.504.59$46,952
Dec 201009,95285.734.35$43,269
Nov 201009,60180.843.80$36,439
Oct 201009,02578.103.51$31,668
Sep 201009,71172.633.98$38,645
Aug 2010010,20573.684.42$45,100
Jul 2010010,08572.554.74$47,768
Jun 201009,80170.364.91$48,127
May 2010010,32071.124.24$43,707
Apr 2010012,07581.694.12$49,781
Mar 2010013,11678.394.39$57,562
Feb 2010011,65173.585.44$63,409
Jan 2010012,64674.365.96$75,422
Dec 2009011,35971.445.48$62,290
Nov 2009012,75574.593.75$47,850
Oct 2009012,82272.544.11$52,702
Sep 2009013,03465.543.06$39,946
Aug 2009011,07467.423.22$35,642
Jul 2009012,73061.133.46$44,103
Jun 200909,99466.163.90$38,927
May 2009012,45854.743.93$48,907
Apr 2009011,20846.773.59$40,209
Mar 200916712,26442.144.06$56,817
Feb 2009010,06332.814.63$46,622
Jan 200905,40135.865.37$29,009
Dec 2008011,14837.105.98$66,633
Nov 200808,54155.496.86$58,594
Oct 200809,26175.246.92$64,104
Sep 200808,080101.767.88$63,647
Aug 2008011,288114.228.48$95,756
Jul 200809,265131.0811.39$105,523
Jun 200808,093131.3313.03$105,473
May 2008010,918123.1711.57$126,368
Apr 200806,808110.3110.45$71,177
Mar 2008010,092101.909.66$97,530
Feb 200808,43092.538.77$73,936
Jan 2008011,59390.388.21$95,129
Dec 2007010,10388.337.30$73,772
Nov 200706,67391.677.29$48,658
Oct 200709,59282.856.92$66,396
Sep 20071806,41875.846.24$53,726
Aug 200708,09269.066.39$51,691
Jul 2007010,63470.906.39$67,929
Jun 2007010,90062.007.55$82,278
May 2007010,42658.747.85$81,805
Apr 200709,64559.617.81$75,281
Mar 200709,76156.927.30$71,275
Feb 200709,09655.108.22$74,733
Jan 200706,83650.306.73$45,985
Dec 200608,08856.656.92$55,956
Nov 200609,87454.207.62$75,215
Oct 2006010,89054.906.01$65,490
Sep 200609,67860.085.04$48,750
Aug 2006010,38568.717.34$76,225
Jul 2006011,45569.376.34$72,656
Jun 2006011,52066.286.38$73,542
May 2006011,70666.016.42$75,211
Apr 2006011,39364.397.36$83,858
Mar 2006012,17356.707.08$86,220
Feb 200618112,03357.597.75$103,693
Jan 200609,85960.598.93$88,074
Dec 2005011,94654.9413.42$160,260
Nov 2005012,63854.6910.59$133,816
Oct 2005012,58558.3413.80$173,620
Sep 2005012,20961.4512.08$147,473
Aug 2005010,87261.519.80$106,511
Jul 2005014,76755.697.84$115,827
Jun 2005015,23752.337.38$112,465
May 2005012,67545.226.65$84,303
Apr 2005015,84749.207.36$116,642
Mar 2005014,75850.377.15$105,592
Feb 2005013,03945.226.31$82,301
Jan 2005015,07843.166.32$95,326
Dec 2004012,71439.866.75$85,833
Nov 2004015,20745.286.33$96,267
Oct 2004015,17149.706.52$98,841
Sep 2004014,48943.245.28$76,558
Aug 200417915,84842.375.55$95,551
Jul 2004015,83138.286.08$96,319
Jun 2004015,41636.106.43$99,171
May 2004014,17537.486.49$92,061
Apr 2004014,55334.475.86$85,258
Mar 2004015,02934.365.53$83,112
Feb 2004014,92332.455.51$82,220
Jan 2004016,23232.036.30$102,256
Dec 2003016,19830.266.30$102,074
Nov 2003016,01928.804.60$73,610
Oct 2003016,95828.174.76$80,714
Sep 2003017,72626.314.75$84,187
Aug 2003017,58529.765.13$90,206
Jul 2003018,34829.415.17$94,875
Jun 2003016,25628.565.98$97,259
May 2003014,53226.595.97$86,795
Apr 2003013,19726.675.41$71,360
Mar 200316817,29231.146.10$110,644
Feb 2003016,39133.487.93$129,913
Jan 2003217,54030.315.58$97,970
Dec 2002016,23226.914.85$78,786
Nov 2002016,92124.664.14$70,002
Oct 2002016,68326.464.23$70,554
Sep 2002015,75827.443.64$57,283
Aug 2002015,64925.963.16$49,516
Jul 2002018,14324.583.06$55,550
Jun 200217217,76123.733.34$63,372
May 2002117,03324.663.58$61,071
Apr 2002016,91323.653.51$59,404
Mar 2002016,17222.003.10$50,177
Feb 2002014,18118.222.38$33,690
Jan 2002018,88917.172.38$44,874
Dec 2001018,77916.932.36$44,401
Nov 2001016,40618.072.41$39,465
Oct 2001019,88919.782.53$50,297
Sep 2001122,34624.262.25$50,332
Aug 2001220,54424.873.05$62,774
Jul 2001019,90723.933.20$63,644
Jun 2001017,85524.563.82$68,280
May 2001116,25425.524.31$70,037
Apr 2001117,60724.685.34$93,964
Mar 200117822,03424.545.38$122,833
Feb 2001319,13227.755.77$110,419
Jan 2001121,44227.478.40$180,114
Dec 2000021,77426.889.12$198,633
Nov 2000017,67632.215.66$100,011
Oct 2000318,04931.235.15$92,965
Sep 2000118,10431.875.19$93,928
Aug 2000120,50129.644.54$93,120
Jul 2000021,66328.534.09$88,596
Jun 2000120,50329.304.40$90,186
May 2000022,12127.263.68$81,400
Apr 200018121,96524.513.12$72,879
Mar 2000222,05828.422.86$63,137
Feb 2000121,13827.622.73$57,660
Jan 2000122,78225.272.48$56,536
Dec 1999119,65824.282.42$47,670
Nov 1999023,07323.192.43$56,159
Oct 199916720,69620.982.80$61,529
Sep 1999022,69821.752.62$59,443
Aug 1999023,55819.262.88$67,743
Jul 1999024,89617.892.37$59,063
Jun 1999123,88015.942.36$56,423
May 1999025,40915.792.32$58,975
Apr 199917823,08915.102.21$53,669
Mar 1999126,32212.471.84$48,401
Feb 1999124,5159.981.82$44,573
Jan 1999025,04210.381.90$47,579
Dec 1998027,3349.201.77$48,472
Nov 199817626,29710.892.19$59,395
Oct 1998026,89112.421.97$52,954
Sep 1998124,87412.592.08$51,816
Aug 1998130,52111.301.91$58,226
Jul 1998131,23611.742.24$69,895
Jun 1998124,84411.242.24$55,594
May 1998129,59412.622.21$65,307
Apr 1998229,34913.042.51$73,555
Mar 199816830,89412.802.31$73,498
Feb 1998228,13913.952.30$64,723
Jan 1998032,16014.702.15$69,298
Dec 1997033,09616.322.41$79,798
Nov 1997133,77118.193.09$104,312
Oct 1997135,68019.253.15$112,405
Sep 199717332,69817.742.95$99,688
Aug 1997132,87317.862.55$84,000
Jul 1997134,35917.582.25$77,220
Jun 1997135,71817.242.26$80,640
May 1997032,41918.972.31$74,839
Apr 1997236,99717.882.08$77,092
Mar 199718140,45718.951.94$81,882
Feb 1997136,77420.492.21$81,140
Jan 1997037,20023.483.54$131,677
Dec 1996038,50123.32$0
Nov 199616740,57921.97$3,669
Oct 1996042,15123.31$0
Sep 1996039,83022.22$0
Aug 1996046,63620.26$0
Jul 1996048,36219.55$0
Jun 199617140,55518.73$3,203
May 1996042,46319.43$0
Apr 1996038,15821.51$0
Mar 199618143,25419.38$3,508
Feb 1996046,98716.98$0
Jan 199618143,00217.07$3,090
Dec 1995050,28517.19$0
Nov 199518148,75616.00$2,896
Oct 199517150,43415.43$2,639
Sep 1995050,02216.18$0
Aug 199517249,36015.92$2,738
Jul 199517751,13315.24$2,697
Jun 1995051,17516.41$0
May 199514744,88517.56$2,581
Apr 1995047,11617.73$0
Mar 199517049,09216.44$2,795
Feb 199516136,35716.58$2,669
Jan 1995037,01415.92$0
Dec 199417943,47815.03$2,690
Nov 1994046,18715.90$0
Oct 199417451,82315.58$2,711
Sep 1994053,56515.29$0
Aug 199415856,37216.13$2,549
Jul 1994043,23517.56$0
Jun 1994049,73817.09$0
May 199413551,34315.88$2,144
Apr 199416453,76914.14$2,319
Mar 1994056,95312.46$0
Feb 1994054,56212.50$0
Jan 199417861,42512.66$2,253
Dec 1993060,08112.33$0
Nov 1993064,79514.49$0
Oct 199317772,22715.85$2,805
Sep 1993069,70815.03$0
Aug 1993081,55415.66$0
Jul 199318191,12515.46$2,798
Jun 1993093,55516.79$0
May 199318096,81517.68$3,182
Apr 1993096,83618.05$0
Mar 19930115,69918.14$0
Feb 1993179103,78417.90$3,204
Jan 19930117,72616.93$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.

Dec 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.99 =         $0
Gas                  162 Mcf  × $  3.12 =       $506

────────────────────────────────────────────────────
Month total                                     $506

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/137147 is the state's own key, not one this site invented.