LAUREL, SERGIO

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the J J & J (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144480District 04Field 450444002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$113 k
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1984-06-14
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-02-04.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 3-1-85

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 Gas111993-06-11126464
NGPA2none

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
CondensateDisposition753 bbl$42,386
GasProduction4,424,930 Mcf$9,125,075
Total$9,167,460

2,315,424 Mcf of this lease's gas, across 47 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 27.1426, -99.2032. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.14261, -99.20316 · 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
12,350 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 12,350 ft.

1 well

42-50532893612,350 ft

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 202601,729106.413.05$5,266
Apr 202601,19398.932.87$3,424
Mar 202602,79789.753.15$8,809
Feb 202602,99563.503.75$11,232
Jan 202601,78559.138.00$14,276
Dec 202501,85256.664.41$8,174
Nov 202502,42458.593.93$9,518
Oct 202503,10059.383.30$10,245
Sep 202502,67862.743.08$8,240
Aug 202503,15363.933.01$9,506
Jul 202503,74066.743.32$12,399
Jun 202503,95866.483.13$12,383
May 202503,35060.553.23$10,828
Apr 202501,71762.363.54$6,084
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025048174.324.28$2,058
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 202302585.443.09$77
Sep 2023040489.042.74$1,105
Aug 202301,00080.522.67$2,673
Jul 202302,40574.852.64$6,354
Jun 202302,71668.962.26$6,134
May 202302,31270.622.23$5,150
Apr 202302,39678.122.24$5,362
Mar 202302,44372.852.39$5,846
Feb 202302,08275.112.47$5,134
Jan 202302,24276.533.39$7,595
Dec 202202,31776.415.73$13,274
Nov 202202,33285.005.65$13,167
Oct 202202,62287.185.86$15,375
Sep 202202,79584.888.16$22,817
Aug 202202,72894.529.13$24,899
Jul 202203,135101.587.54$23,644
Jun 202202,772115.097.98$22,113
May 202202,481109.378.43$20,922
Apr 202202,919104.226.84$19,959
Mar 202202,615108.885.08$13,275
Feb 202202,77591.054.86$13,483
Jan 202202,80381.844.54$12,719
Dec 202102,48471.323.90$9,685
Nov 202102,42977.435.24$12,720
Oct 202102,48779.795.71$14,210
Sep 202102,86969.865.35$15,352
Aug 202102,45066.024.22$10,340
Jul 202102,58670.783.98$10,298
Jun 202103,10069.493.38$10,480
May 202103,21163.483.02$9,690
Apr 202101,75160.362.76$4,830
Mar 202101,40061.302.72$3,804
Feb 202101,02357.805.55$5,676
Jan 202102,42050.412.81$6,801
Dec 2020934644.642.68$1,327
Nov 2020048538.772.71$1,313
Oct 2020346336.972.48$1,258
Sep 2020066137.091.99$1,316
Aug 2020051039.982.39$1,216
Jul 20201049238.371.83$1,282
Jun 202002,45434.901.69$4,148
May 202003,10016.921.81$5,626
Apr 2020182,18514.751.80$4,208
Mar 202002,61630.341.86$4,856
Feb 2020432,43549.881.98$6,968
Jan 202002,75157.252.09$5,763
Dec 201902,71459.012.30$6,254
Nov 2019172,62955.302.75$8,172
Oct 201903,15653.472.42$7,633
Sep 201902,20955.052.66$5,870
Aug 201902,17653.112.30$5,014
Jul 201902,35356.272.46$5,789
Jun 201902,71652.782.49$6,766
May 2019232,79858.482.74$9,012
Apr 2019222,87462.632.75$9,283
Mar 201902,91456.803.06$8,923
Feb 201902,62550.852.79$7,330
Jan 2019232,66146.033.23$9,649
Dec 201802,73246.594.19$11,435
Nov 201802,27752.934.24$9,648
Oct 201802,32061.443.40$7,884
Sep 2018242,94159.543.11$10,570
Aug 201803,60359.403.07$11,049
Jul 201802,84165.142.93$8,329
Jun 201802,99760.183.08$9,222
May 2018203,24865.382.90$10,729
Apr 201803,15163.842.90$9,140
Mar 201803,45061.222.79$9,615
Feb 2018203,14661.782.77$9,938
Jan 201803,57862.874.01$14,345
Dec 201703,06357.272.92$8,949
Nov 201702,42155.423.12$7,550
Oct 201702,59249.292.98$7,734
Sep 2017222,59247.523.09$9,048
Aug 201703,16345.373.00$9,503
Jul 2017153,40043.873.09$11,155
Jun 201703,14042.493.09$9,694
May 201703,77045.373.26$12,303
Apr 2017183,63547.933.21$12,537
Mar 201703,79346.772.98$11,317
Feb 2017283,54650.452.95$11,883
Jan 201703,81549.413.42$13,043
Dec 201603,47048.763.72$12,918
Nov 2016203,66842.492.64$10,549
Oct 201603,33846.193.09$10,315
Sep 201603,46341.553.10$10,737
Aug 201603,86841.442.92$11,311
Jul 2016234,10241.622.92$12,953
Jun 201603,86545.352.69$10,381
May 201603,98542.521.99$7,934
Apr 2016223,70536.561.99$8,181
Mar 201604,41133.011.79$7,913
Feb 201603,62826.472.06$7,487
Jan 2016234,20627.352.36$10,574
Dec 201503,25232.362.00$6,509
Nov 201504,22038.792.17$9,146
Oct 2015162,66043.552.43$7,152
Sep 201502,59542.992.76$7,158
Aug 201502,93740.162.87$8,437
Jul 201502,58548.152.95$7,613
Jun 201502,67956.152.88$7,723
May 2015254,34955.212.96$14,234
Apr 201503,58349.822.71$9,698
Mar 2015305,95642.892.93$18,766
Feb 2015335,27344.662.98$17,167
Jan 2015316,08043.433.10$20,198
Dec 201406,11454.693.59$21,958
Nov 201404,56070.464.25$19,388
Oct 2014215,12978.303.90$21,652
Sep 201406,25186.164.05$25,288
Aug 201403,78789.394.04$15,281
Jul 201404,22296.564.18$17,646
Jun 20141043,97598.164.74$29,038
May 201403,89294.734.73$18,396
Apr 201403,54095.944.81$17,024
Mar 201404,10595.895.06$20,758
Feb 201403,79297.406.19$23,480
Jan 201404,66190.404.86$22,656
Dec 201304,78191.824.35$20,819
Nov 201304,96888.853.74$18,572
Oct 201304,76197.423.78$17,994
Sep 201304,844104.113.72$18,009
Aug 201306,064104.253.52$21,361
Jul 201305,253102.523.72$19,529
Jun 201305,52994.403.93$21,748
May 201305,67394.834.15$23,538
Apr 201305,14693.964.28$22,038
Mar 201305,24293.623.91$20,511
Feb 201304,60491.233.42$15,745
Jan 201305,08491.603.42$17,387
Dec 201205,95686.773.42$20,370
Nov 201203,28386.953.62$11,901
Oct 201204,43889.383.40$15,088
Sep 201203,70094.672.92$10,798
Aug 201205,09592.662.91$14,817
Jul 201203,09585.133.02$9,349
Jun 201214,66479.822.52$11,829
May 201205,55391.612.49$13,818
Apr 201225,115101.652.00$10,417
Mar 201214,935105.052.22$11,071
Feb 201215,966101.102.57$15,435
Jan 201234,47198.092.73$12,518
Dec 201134,56796.873.24$15,087
Nov 201114,84795.723.31$16,145
Oct 201115,43984.983.65$19,929
Sep 201135,28283.623.99$21,304
Aug 201115,15883.404.15$21,486
Jul 201115,90994.144.52$26,787
Jun 201145,17792.904.64$24,392
May 201145,89498.134.40$26,355
Apr 201125,853105.964.33$25,575
Mar 201135,98296.364.06$24,560
Feb 201105,18085.644.18$21,652
Jan 201146,06686.504.59$28,182
Dec 201004,59185.734.35$19,961
Nov 201005,46780.843.80$20,749
Oct 201045,44378.103.51$19,411
Sep 201005,78172.633.98$23,005
Aug 201006,02973.684.42$26,644
Jul 201002,00372.554.74$9,487
Jun 201005,58770.364.91$27,434
May 201006,84871.124.24$29,003
Apr 201005,55581.694.12$22,902
Mar 201005,99678.394.39$26,314
Feb 201005,73873.585.44$31,228
Jan 201005,58474.365.96$33,303
Dec 200906,32371.445.48$34,674
Nov 200905,46674.593.75$20,506
Oct 200905,95672.544.11$24,481
Sep 200905,39765.543.06$16,540
Aug 200905,16667.423.22$16,627
Jul 200907,07561.133.46$24,511
Jun 200905,72566.163.90$22,299
May 200903,95654.743.93$15,530
Apr 200905,78246.773.59$20,743
Mar 200905,21342.144.06$21,160
Feb 200902,94232.814.63$13,630
Jan 200904,80635.865.37$25,813
Dec 200803,79637.105.98$22,689
Nov 200805,99455.496.86$41,121
Oct 200806,10575.246.92$42,259
Sep 200805,145101.767.88$40,528
Aug 200805,206114.228.48$44,163
Jul 200808,174131.0811.39$93,097
Jun 200803,966131.3313.03$51,687
May 200806,333123.1711.57$73,300
Apr 200805,418110.3110.45$56,644
Mar 200806,571101.909.66$63,503
Feb 200805,97492.538.77$52,395
Jan 200807,17690.388.21$58,884
Dec 200716,01088.337.30$43,973
Nov 200706,88291.677.29$50,181
Oct 200706,97682.856.92$48,288
Sep 200706,81575.846.24$42,554
Aug 200706,68869.066.39$42,723
Jul 200707,26270.906.39$46,389
Jun 200706,74262.007.55$50,892
May 200706,06458.747.85$47,580
Apr 200707,01459.617.81$54,746
Mar 200706,97856.927.30$50,953
Feb 200705,34855.108.22$43,939
Jan 200707,16950.306.73$48,225
Dec 200607,89456.656.92$54,614
Nov 200607,32854.207.62$55,821
Oct 200608,98054.906.01$54,004
Sep 200606,70360.085.04$33,764
Aug 200608,41068.717.34$61,729
Jul 200608,95769.376.34$56,812
Jun 200607,29266.286.38$46,551
May 200605,49066.016.42$35,273
Apr 200607,26764.397.36$53,489
Mar 200607,61956.707.08$53,965
Feb 200607,66757.597.75$59,428
Jan 200607,33860.598.93$65,553
Dec 200508,13754.9413.42$109,161
Nov 200508,29754.6910.59$87,852
Oct 200507,67658.3413.80$105,896
Sep 200506,72061.4512.08$81,171
Aug 200506,27361.519.80$61,456
Jul 200508,67855.697.84$68,067
Jun 2005010,08652.337.38$74,445
May 200505,26445.226.65$35,012
Apr 200507,09549.207.36$52,223
Mar 200508,09150.377.15$57,890
Feb 200507,83245.226.31$49,435
Jan 200508,98043.166.32$56,773
Dec 200408,80739.866.75$59,457
Nov 200408,05845.286.33$51,011
Oct 200408,81649.706.52$57,437
Sep 2004010,76943.245.28$56,902
Aug 200406,73242.375.55$37,367
Jul 200409,84538.286.08$59,899
Jun 200408,31336.106.43$53,478
May 200409,04737.486.49$58,756
Apr 2004010,13534.475.86$59,375
Mar 2004010,23534.365.53$56,601
Feb 200409,07732.455.51$50,011
Jan 2004013,25132.036.30$83,477
Dec 2003012,29230.266.30$77,460
Nov 200330028.804.60$864
Oct 200302,45728.174.76$11,694
Sep 200309,97426.314.75$47,370
Aug 2003012,72629.765.13$65,281
Jul 2003013,08029.415.17$67,635
Jun 2003016,35628.565.98$97,857
May 200309,20226.595.97$54,961
Apr 20031216,43726.675.41$89,200
Mar 200304,92231.146.10$30,005
Feb 200303,33233.487.93$26,409
Jan 200304,19130.315.58$23,394
Dec 200205,08426.914.85$24,677
Nov 200204,83524.664.14$20,002
Oct 200201,63526.464.23$6,915
Sep 200205,94227.443.64$21,600
Aug 200207,76225.963.16$24,560
Jul 200207,75524.583.06$23,744
Jun 200201,13523.733.34$3,789
May 200204,97724.663.58$17,838
Apr 200203,03223.653.51$10,649
Mar 200206,76722.003.10$20,996
Feb 200202,28718.222.38$5,433
Jan 2002011,56917.172.38$27,484
Dec 200108,61516.932.36$20,369
Nov 200107,92518.072.41$19,064
Oct 200109,68519.782.53$24,492
Sep 2001010,06524.262.25$22,660
Aug 2001010,70624.873.05$32,687
Jul 200109,21223.933.20$29,452
Jun 2001010,96824.563.82$41,943
May 200109,56125.524.31$41,182
Apr 200109,37824.685.34$50,035
Mar 200109,82224.545.38$52,807
Feb 2001010,57427.755.77$60,981
Jan 2001010,03627.478.40$84,290
Dec 2000011,47626.889.12$104,690
Nov 2000013,05632.215.66$73,871
Oct 2000814,38731.235.15$74,278
Sep 2000011,51831.875.19$59,738
Aug 2000012,82329.644.54$58,226
Jul 2000013,14328.534.09$53,752
Jun 2000013,14829.304.40$57,815
May 2000013,13827.263.68$48,345
Apr 2000013,78924.513.12$42,967
Mar 2000012,60428.422.86$36,044
Feb 2000011,39927.622.73$31,079
Jan 2000015,78925.272.48$39,165
Dec 1999014,12524.282.42$34,235
Nov 1999013,55623.192.43$32,995
Oct 1999016,89920.982.80$47,380
Sep 1999017,96621.752.62$47,050
Aug 19990019.262.88$0
Jul 199907,37717.892.37$17,501
Jun 199906,89515.942.36$16,287
May 1999010,37315.792.32$24,076
Apr 199908,52515.102.21$18,824
Mar 199909,38012.471.84$17,244
Feb 199908,9759.981.82$16,315
Jan 1999012,38310.381.90$23,527
Dec 1998012,0939.201.77$21,445
Nov 1998012,53110.892.19$27,389
Oct 1998012,16612.421.97$23,957
Sep 1998013,38512.592.08$27,876
Aug 1998015,18911.301.91$28,971
Jul 1998012,44211.742.24$27,836
Jun 1998011,56911.242.24$25,883
May 1998015,16112.622.21$33,450
Apr 1998017,21413.042.51$43,127
Mar 1998018,67412.802.31$43,126
Feb 199808,97513.952.30$20,635
Jan 1998017,39614.702.15$37,485
Dec 1997016,14016.322.41$38,915
Nov 1997013,37118.193.09$41,293
Oct 1997015,54119.253.15$48,951
Sep 1997015,88617.742.95$46,941
Aug 1997019,18417.862.55$49,010
Jul 1997017,64117.582.25$39,638
Jun 1997017,81517.242.26$40,212
May 1997022,06718.972.31$50,942
Apr 1997021,51417.882.08$44,809
Mar 1997024,08918.951.94$46,712
Feb 1997021,48320.492.21$47,389
Jan 1997025,06823.483.54$88,733
Dec 1996025,05623.32$0
Nov 1996021,37121.97$0
Oct 1996021,08723.31$0
Sep 1996023,11322.22$0
Aug 1996026,58620.26$0
Jul 1996026,72619.55$0
Jun 1996027,63018.73$0
May 1996025,20819.43$0
Apr 1996026,39321.51$0
Mar 1996032,12619.38$0
Feb 1996032,79816.98$0
Jan 1996031,76517.07$0
Dec 1995032,07217.19$0
Nov 1995041,38516.00$0
Oct 1995035,06915.43$0
Sep 1995047,41816.18$0
Aug 1995013,93215.92$0
Jul 1995048,42815.24$0
Jun 1995056,88416.41$0
May 1995035,67517.56$0
Apr 1995034,54317.73$0
Mar 1995034,74716.44$0
Feb 1995041,96816.58$0
Jan 1995053,31615.92$0
Dec 1994062,23915.03$0
Nov 1994073,47815.90$0
Oct 1994030,61115.58$0
Sep 1994022,45915.29$0
Aug 1994034,91916.13$0
Jul 1994081,11617.56$0
Jun 1994022,94917.09$0
May 1994082,04415.88$0
Apr 1994073,47214.14$0
Mar 1994088,04612.46$0
Feb 1994074,48512.50$0
Jan 1994082,53812.66$0
Dec 1993087,56012.33$0
Nov 1993095,37414.49$0
Oct 19930105,28915.85$0
Sep 1993099,23515.03$0
Aug 1993053,51115.66$0
Jul 1993051,30815.46$0
Jun 1993059,42416.79$0
May 1993061,34817.68$0
Apr 1993061,07418.05$0
Mar 1993071,77118.14$0
Feb 1993045,87817.90$0
Jan 19930016.93$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                1,729 Mcf  × $  3.05 =     $5,266

────────────────────────────────────────────────────
Month total                                   $5,266

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/144480 is the state's own key, not one this site invented.