LAUREL

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

Gas lease lease 146908District 04Field 221244752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Oct 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
392
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1994-07-18
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 1994-10-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADMINISTRATIVELY SUSPENDED EFFECTIVE 10/1/95.

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 Gas221995-03-282 dockets
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
CondensateDisposition5,633 bbl$102,478
GasProduction1,229,915 Mcf$2,373,281
Total$2,475,759

687,727 Mcf of this lease's gas, across 39 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 27.4149, -98.9322. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41487, -98.93222 · 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
11,500 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 11,500 ft.

Completions filed
Oct 1993
1 of 1 wells

1 well

42-47935835111,500 ftOct 1993

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 (392)

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

392 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 202519074.324.28$1,412
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 20230989.042.74$25
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 20202044.642.68$89
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 201972053.472.42$3,850
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 20160226.472.06$4
Jan 2016042027.352.36$993
Dec 201501,48032.362.00$2,962
Nov 201501,24838.792.17$2,705
Oct 201501,34443.552.43$3,261
Sep 201501,38942.992.76$3,831
Aug 201501,49940.162.87$4,306
Jul 201501,28848.152.95$3,793
Jun 201501,10056.152.88$3,171
May 201501,16555.212.96$3,443
Apr 201501,06449.822.71$2,880
Mar 201501,07142.892.93$3,143
Feb 201501,20344.662.98$3,580
Jan 201501,15243.433.10$3,572
Dec 201401,16754.693.59$4,191
Nov 201401,31570.464.25$5,591
Oct 201401,38778.303.90$5,411
Sep 201401,53086.164.05$6,190
Aug 201401,12589.394.04$4,540
Jul 201401,44896.564.18$6,052
Jun 201401,37598.164.74$6,513
May 201401,56994.734.73$7,416
Apr 201401,27095.944.81$6,108
Mar 201401,26895.895.06$6,412
Feb 201401,41197.406.19$8,737
Jan 201401,75890.404.86$8,545
Dec 201301,44391.824.35$6,284
Nov 201301,45188.853.74$5,424
Oct 201301,78497.423.78$6,742
Sep 201301,416104.113.72$5,264
Aug 201301,684104.253.52$5,932
Jul 201301,647102.523.72$6,123
Jun 201391,56194.403.93$6,990
May 201301,78294.834.15$7,394
Apr 201301,65793.964.28$7,096
Mar 201301,76193.623.91$6,891
Feb 201301,68091.233.42$5,745
Jan 201301,57891.603.42$5,397
Dec 201201,84086.773.42$6,293
Nov 201201,58086.953.62$5,727
Oct 201211,95489.383.40$6,732
Sep 201201,86394.672.92$5,437
Aug 201201,84592.662.91$5,366
Jul 201201,85685.133.02$5,607
Jun 201201,68179.822.52$4,235
May 201201,82791.612.49$4,546
Apr 201201,349101.652.00$2,694
Mar 201202,124105.052.22$4,720
Feb 201201,582101.102.57$4,066
Jan 201201,82198.092.73$4,979
Dec 201102,03396.873.24$6,586
Nov 201101,80495.723.31$5,974
Oct 201102,04884.983.65$7,472
Sep 201101,58283.623.99$6,306
Aug 201101,53383.404.15$6,361
Jul 201101,71694.144.52$7,752
Jun 201101,71592.904.64$7,957
May 201102,10498.134.40$9,268
Apr 201101,705105.964.33$7,388
Mar 201102,05996.364.06$8,354
Feb 201101,59285.644.18$6,655
Jan 201101,48386.504.59$6,805
Dec 201001,25185.734.35$5,439
Nov 201001,42380.843.80$5,401
Oct 201001,87778.103.51$6,586
Sep 201001,94772.633.98$7,748
Aug 201002,06273.684.42$9,113
Jul 201001,63472.554.74$7,739
Jun 201001,21770.364.91$5,976
May 201001,41771.124.24$6,001
Apr 201001,55581.694.12$6,411
Mar 201001,48578.394.39$6,517
Feb 201001,48273.585.44$8,066
Jan 201001,84074.365.96$10,974
Dec 200902,01471.445.48$11,044
Nov 200901,95074.593.75$7,315
Oct 200901,55472.544.11$6,387
Sep 200901,56365.543.06$4,790
Aug 200901,76567.423.22$5,681
Jul 200901,91361.133.46$6,628
Jun 200901,46066.163.90$5,687
May 200901,63554.743.93$6,419
Apr 200901,62246.773.59$5,819
Mar 200901,93542.144.06$7,854
Feb 200901,53132.814.63$7,093
Jan 200901,94135.865.37$10,425
Dec 200801,71537.105.98$10,251
Nov 200801,78255.496.86$12,225
Oct 200801,91475.246.92$13,249
Sep 200801,592101.767.88$12,540
Aug 200801,655114.228.48$14,039
Jul 200801,853131.0811.39$21,105
Jun 200801,783131.3313.03$23,237
May 200801,857123.1711.57$21,493
Apr 200801,784110.3110.45$18,651
Mar 200801,263101.909.66$12,206
Feb 200801,71592.538.77$15,042
Jan 200801,83590.388.21$15,058
Dec 200701,36488.337.30$9,960
Nov 200701,75691.677.29$12,804
Oct 200701,37982.856.92$9,545
Sep 200701,68075.846.24$10,490
Aug 200701,86969.066.39$11,939
Jul 200701,26470.906.39$8,074
Jun 200701,81062.007.55$13,663
May 200701,45758.747.85$11,432
Apr 200701,78559.617.81$13,932
Mar 200702,19956.927.30$16,057
Feb 200701,72055.108.22$14,132
Jan 200702,11050.306.73$14,194
Dec 200602,07956.656.92$14,383
Nov 200601,91854.207.62$14,610
Oct 20061172,31654.906.01$20,351
Sep 200601,72060.085.04$8,664
Aug 200601,96868.717.34$14,445
Jul 200601,63469.376.34$10,364
Jun 200601,66566.286.38$10,629
May 200601,75366.016.42$11,263
Apr 200602,23964.397.36$16,480
Mar 200602,35456.707.08$16,673
Feb 200601,73557.597.75$13,448
Jan 200602,07660.598.93$18,546
Dec 200501,90654.9413.42$25,570
Nov 200501,93154.6910.59$20,446
Oct 200502,08658.3413.80$28,778
Sep 200502,27961.4512.08$27,528
Aug 200501,90361.519.80$18,643
Jul 200501,81555.697.84$14,236
Jun 200501,79752.337.38$13,264
May 200502,27445.226.65$15,125
Apr 200502,36649.207.36$17,415
Mar 200503,23450.377.15$23,139
Feb 200501,23345.226.31$7,783
Jan 200501,49843.166.32$9,471
Dec 200402,09139.866.75$14,117
Nov 200402,51645.286.33$15,927
Oct 200402,24949.706.52$14,652
Sep 200401,84043.245.28$9,722
Aug 200401,94442.375.55$10,790
Jul 200402,52638.286.08$15,369
Jun 200402,20936.106.43$14,211
May 200401,88637.486.49$12,249
Apr 200402,96434.475.86$17,364
Mar 200401,69134.365.53$9,351
Feb 2004121,96732.455.51$11,227
Jan 200401,73732.036.30$10,942
Dec 20031387630.266.30$5,914
Nov 200391,95628.804.60$9,247
Oct 200371,94028.174.76$9,431
Sep 200332,47926.314.75$11,853
Aug 200302,54729.765.13$13,065
Jul 200332,72029.415.17$14,153
Jun 200302,21028.565.98$13,222
May 200301,36426.595.97$8,147
Apr 200322,57126.675.41$13,955
Mar 200302,45031.146.10$14,935
Feb 200302,50433.487.93$19,846
Jan 200332,51730.315.58$14,141
Dec 200201,41826.914.85$6,883
Nov 200202,90724.664.14$12,026
Oct 200201,96626.464.23$8,314
Sep 200202,48527.443.64$9,033
Aug 200221,59125.963.16$5,086
Jul 200202,56324.583.06$7,847
Jun 200202,58923.733.34$8,643
May 200222,35424.663.58$8,486
Apr 200203,44523.653.51$12,100
Mar 200201,53022.003.10$4,747
Feb 200232,30318.222.38$5,526
Jan 200203,09317.172.38$7,348
Dec 200102,44516.932.36$5,781
Nov 200102,29518.072.41$5,521
Oct 200103,39219.782.53$8,578
Sep 200113,52824.262.25$7,967
Aug 200133,53824.873.05$10,877
Jul 2001243,29123.933.20$11,096
Jun 2001114,02024.563.82$15,643
May 200134,62925.524.31$20,015
Apr 200163,42324.685.34$18,411
Mar 200143,62824.545.38$19,604
Feb 200163,34327.755.77$19,446
Jan 200102,40927.478.40$20,233
Dec 200063,20126.889.12$29,362
Nov 2000455,21632.215.66$30,962
Oct 200024,90731.235.15$25,311
Sep 200044,38731.875.19$22,881
Aug 20001224,37429.644.54$23,477
Jul 200024,81428.534.09$19,745
Jun 200034,66929.304.40$20,619
May 2000344,60427.263.68$17,868
Apr 200034,60824.513.12$14,432
Mar 200034,94728.422.86$14,232
Feb 200024,24627.622.73$11,632
Jan 200032,96625.272.48$7,433
Dec 199942,83824.282.42$6,976
Nov 199923,10023.192.43$7,592
Oct 199942,96420.982.80$8,394
Sep 199922,19521.752.62$5,792
Aug 199902,70319.262.88$7,773
Jul 199902,60017.892.37$6,168
Jun 199912,94315.942.36$6,968
May 199912,93315.792.32$6,823
Apr 199903,29515.102.21$7,276
Mar 199903,18912.471.84$5,862
Feb 199991,8629.981.82$3,475
Jan 199924,76910.381.90$9,082
Dec 199802,8109.201.77$4,983
Nov 199832,52110.892.19$5,543
Oct 199842,78812.421.97$5,540
Sep 199853,21112.592.08$6,750
Aug 199853,12711.301.91$6,021
Jul 19981163,79311.742.24$9,848
Jun 199822,81211.242.24$6,314
May 19981803,68012.622.21$10,391
Apr 199873,52413.042.51$8,920
Mar 199843,62512.802.31$8,423
Feb 199843,40113.952.30$7,875
Jan 1998165,67014.702.15$12,453
Dec 1997356,45816.322.41$16,142
Nov 1997447,00718.193.09$22,440
Oct 1997236,27219.253.15$20,198
Sep 19971055,74417.742.95$18,836
Aug 199736,15517.862.55$15,778
Jul 199706,11017.582.25$13,729
Jun 199706,06017.242.26$13,679
May 199704,13318.972.31$9,541
Apr 199714,49317.882.08$9,376
Mar 1997905,22618.951.94$11,839
Feb 1997935,66720.492.21$14,406
Jan 199706,44223.483.54$22,803
Dec 199609,06223.32$0
Nov 1996919,88921.97$1,999
Oct 1996111,53023.31$23
Sep 1996010,25522.22$0
Aug 19966211,65720.26$1,256
Jul 1996113,48619.55$20
Jun 19966413,21118.73$1,199
May 1996111,95819.43$19
Apr 19969313,72521.51$2,000
Mar 1996214,15919.38$39
Feb 19968913,16816.98$1,511
Jan 1996114,66617.07$17
Dec 19956013,01317.19$1,031
Nov 199512413,99416.00$1,984
Oct 199511613,94515.43$1,790
Sep 1995789,49816.18$1,262
Aug 19957010,04415.92$1,114
Jul 199516310,16415.24$2,484
Jun 199516310,11416.41$2,675
May 199532411,47717.56$5,689
Apr 19951349,85017.73$2,376
Mar 19951738,96616.44$2,844
Feb 199518211,49916.58$3,018
Jan 199518112,12815.92$2,882
Dec 199418511,29615.03$2,781
Nov 1994313,13915.90$48
Oct 1994814,54615.58$125
Sep 199418415,24715.29$2,813
Aug 1994018,22216.13$0
Jul 199418417,96017.56$3,231
Jun 1994119,41317.09$17
May 199418122,01615.88$2,874
Apr 199418522,59014.14$2,616
Mar 1994029,18112.46$0
Feb 199436330,09612.50$4,538
Jan 199418233,02612.66$2,304
Dec 199318539,93912.33$2,281
Nov 199336450,94714.49$5,274
Oct 199310468,65115.85$1,648

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.

Jan 2025 — as filed, then multipliedworked
Condensate            19 bbl  × $ 74.32 =     $1,412
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $1,412

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/146908 is the state's own key, not one this site invented.