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 150729District 04Field 221244752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jun 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
384
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 Gas111995-03-28131768
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
CondensateDisposition4,034 bbl$75,751
GasProduction959,333 Mcf$1,037,302
Total$1,113,053

648,750 Mcf of this lease's gas, across 31 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 27.4111, -98.9383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41111, -98.93831 · 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
10,806 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 10,806 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-47936076410,806 ftApr 2007

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 (384)

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

384 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 202016044.642.68$714
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 201801965.382.90$55
Apr 201802963.842.90$84
Mar 201806761.222.79$187
Feb 201802561.782.77$69
Jan 20180062.874.01$0
Dec 201703657.272.92$105
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 20170145.373.26$3
Apr 20170447.933.21$13
Mar 20170346.772.98$9
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 201501338.792.17$28
Oct 2015024243.552.43$587
Sep 2015023542.992.76$648
Aug 2015022340.162.87$641
Jul 2015018548.152.95$545
Jun 2015019456.152.88$559
May 2015020155.212.96$594
Apr 2015018649.822.71$503
Mar 2015015742.892.93$461
Feb 2015017344.662.98$515
Jan 2015012343.433.10$381
Dec 2014010854.693.59$388
Nov 2014017570.464.25$744
Oct 2014021978.303.90$854
Sep 2014012486.164.05$502
Aug 201409589.394.04$383
Jul 2014023196.564.18$965
Jun 2014611698.164.74$1,138
May 2014013994.734.73$657
Apr 2014518095.944.81$1,345
Mar 2014417595.895.06$1,269
Feb 20141418997.406.19$2,534
Jan 2014019390.404.86$938
Dec 201329991.824.35$615
Nov 2013112688.853.74$560
Oct 2013635197.423.78$1,911
Sep 201300104.113.72$0
Aug 2013086104.253.52$303
Jul 20130187102.523.72$695
Jun 2013111294.403.93$535
May 2013012494.834.15$514
Apr 201304093.964.28$171
Mar 2013233093.623.91$1,478
Feb 201305591.233.42$188
Jan 201308291.603.42$280
Dec 201205686.773.42$192
Nov 2012011186.953.62$402
Oct 201288189.383.40$990
Sep 201206794.672.92$196
Aug 2012015492.662.91$448
Jul 2012013385.133.02$402
Jun 201208779.822.52$219
May 2012015391.612.49$381
Apr 20120171101.652.00$341
Mar 2012074105.052.22$164
Feb 2012053101.102.57$136
Jan 2012011298.092.73$306
Dec 201102496.873.24$78
Nov 2011011495.723.31$377
Oct 201108384.983.65$303
Sep 2011010483.623.99$415
Aug 2011010383.404.15$427
Jul 201108094.144.52$361
Jun 201105992.904.64$274
May 201108798.134.40$383
Apr 20110410105.964.33$1,777
Mar 2011022196.364.06$897
Feb 2011023085.644.18$961
Jan 2011019586.504.59$895
Dec 2010016185.734.35$700
Nov 2010027980.843.80$1,059
Oct 2010015278.103.51$533
Sep 2010019972.633.98$792
Aug 2010015673.684.42$689
Jul 2010018572.554.74$876
Jun 2010018270.364.91$894
May 2010012671.124.24$534
Apr 2010029081.694.12$1,196
Mar 201006778.394.39$294
Feb 201008073.585.44$435
Jan 2010014374.365.96$853
Dec 200908271.445.48$450
Nov 2009011774.593.75$439
Oct 200908372.544.11$341
Sep 2009016365.543.06$500
Aug 200907267.423.22$232
Jul 2009012961.133.46$447
Jun 2009026266.163.90$1,020
May 2009016054.743.93$628
Apr 2009025046.773.59$897
Mar 2009011142.144.06$451
Feb 2009024032.814.63$1,112
Jan 2009012635.865.37$677
Dec 200807537.105.98$448
Nov 2008027255.496.86$1,866
Oct 200801075.246.92$69
Sep 20080250101.767.88$1,969
Aug 2008094114.228.48$797
Jul 2008098131.0811.39$1,116
Jun 20080230131.3313.03$2,998
May 20080171123.1711.57$1,979
Apr 20080202110.3110.45$2,112
Mar 20080112101.909.66$1,082
Feb 2008021492.538.77$1,877
Jan 20080090.388.21$0
Dec 2007017488.337.30$1,271
Nov 2007038191.677.29$2,778
Oct 2007039382.856.92$2,720
Sep 2007076775.846.24$4,789
Aug 2007044069.066.39$2,811
Jul 2007045370.906.39$2,894
Jun 2007065562.007.55$4,944
May 200701,81358.747.85$14,225
Apr 200701,58959.617.81$12,402
Mar 2007020256.927.30$1,475
Feb 2007046355.108.22$3,804
Jan 2007047450.306.73$3,189
Dec 2006065256.656.92$4,511
Nov 2006064054.207.62$4,875
Oct 2006035254.906.01$2,117
Sep 2006018460.085.04$927
Aug 2006028668.717.34$2,099
Jul 2006074169.376.34$4,700
Jun 2006019166.286.38$1,219
May 20060066.016.42$0
Apr 2006043864.397.36$3,224
Mar 2006068356.707.08$4,838
Feb 2006032057.597.75$2,480
Jan 2006039660.598.93$3,538
Dec 2005042054.9413.42$5,634
Nov 2005034454.6910.59$3,642
Oct 2005030258.3413.80$4,166
Sep 2005039361.4512.08$4,747
Aug 2005042661.519.80$4,173
Jul 2005035055.697.84$2,745
Jun 2005016452.337.38$1,210
May 2005010645.226.65$705
Apr 2005026449.207.36$1,943
Mar 2005057550.377.15$4,114
Feb 2005038045.226.31$2,399
Jan 2005050543.166.32$3,193
Dec 20040039.866.75$0
Nov 200401,07445.286.33$6,799
Oct 2004020549.706.52$1,336
Sep 20040043.245.28$0
Aug 2004112342.375.55$725
Jul 20041138.286.08$44
Jun 2004017236.106.43$1,106
May 20040037.486.49$0
Apr 2004013534.475.86$791
Mar 2004463734.365.53$3,660
Feb 20041251232.455.51$3,210
Jan 2004042232.036.30$2,658
Dec 2003046330.266.30$2,918
Nov 2003280828.804.60$3,770
Oct 200313386628.174.76$7,868
Sep 2003051626.314.75$2,451
Aug 2003058629.765.13$3,006
Jul 2003072929.415.17$3,770
Jun 200301,03628.565.98$6,198
May 2003066726.595.97$3,984
Apr 2003093526.675.41$5,056
Mar 2003035831.146.10$2,182
Feb 2003189933.487.93$7,159
Jan 2003375030.315.58$4,277
Dec 200281,50326.914.85$7,510
Nov 200201,90124.664.14$7,864
Oct 2002016626.464.23$702
Sep 200221,58027.443.64$5,799
Aug 200251,33225.963.16$4,344
Jul 2002184124.583.06$2,600
Jun 200221,07523.733.34$3,636
May 200271,27524.663.58$4,742
Apr 200231,50323.653.51$5,350
Mar 2002121,97722.003.10$6,398
Feb 200281,51018.222.38$3,733
Jan 200271,68317.172.38$4,118
Dec 200101,39916.932.36$3,308
Nov 200101,76718.072.41$4,251
Oct 200101,60519.782.53$4,059
Sep 200101,97524.262.25$4,446
Aug 200132,24224.873.05$6,920
Jul 2001152,15923.933.20$7,261
Jun 200181,93124.563.82$7,581
May 200162,73725.524.31$11,942
Apr 200192,26224.685.34$12,291
Mar 200142,12824.545.38$11,539
Feb 200162,27527.755.77$13,287
Jan 200102,64727.478.40$22,232
Dec 200021,96126.889.12$17,943
Nov 2000201,90332.215.66$11,411
Oct 200092,73331.235.15$14,344
Sep 200063,26631.875.19$17,130
Aug 200023,50029.644.54$15,952
Jul 200053,42728.534.09$14,158
Jun 200073,37129.304.40$15,028
May 2000233,53627.263.68$13,639
Apr 200053,79124.513.12$11,935
Mar 200034,00228.422.86$11,530
Feb 200043,68127.622.73$10,147
Jan 200032,86625.272.48$7,185
Dec 199942,94124.282.42$7,225
Nov 199943,08423.192.43$7,599
Oct 199913,03620.982.80$8,533
Sep 199942,63521.752.62$6,988
Aug 199913,91819.262.88$11,286
Jul 199923,98017.892.37$9,478
Jun 199993,81315.942.36$9,150
May 199913,83115.792.32$8,908
Apr 199903,38515.102.21$7,474
Mar 199913,85112.471.84$7,092
Feb 199973,1749.981.82$5,840
Jan 1999174,55910.381.90$8,838
Dec 1998153,9529.201.77$7,146
Nov 1998163,72510.892.19$8,316
Oct 199854,30912.421.97$8,547
Sep 1998224,34412.592.08$9,324
Aug 19981093,99811.301.91$8,857
Jul 1998184,68611.742.24$10,695
Jun 1998153,90311.242.24$8,901
May 1998194,31412.622.21$9,758
Apr 1998144,28013.042.51$10,905
Mar 1998154,23112.802.31$9,963
Feb 19981214,74613.952.30$12,600
Jan 1998105,03714.702.15$11,001
Dec 1997285,81116.322.41$14,468
Nov 1997325,87318.193.09$18,719
Oct 1997156,14219.253.15$19,635
Sep 19971076,84917.742.95$22,136
Aug 199797,89617.862.55$20,333
Jul 199708,09317.582.25$18,184
Jun 1997507,61417.242.26$18,048
May 199798,07618.972.31$18,814
Apr 1997897,77217.882.08$17,779
Mar 199798,40218.951.94$16,463
Feb 19971088,60720.492.21$21,199
Jan 19971813,23923.483.54$47,285
Dec 199638,21023.32$70
Nov 1996929,95121.97$2,021
Oct 1996710,58123.31$163
Sep 19965710,70922.22$1,267
Aug 19966711,89420.26$1,357
Jul 19966512,50619.55$1,271
Jun 19966612,09518.73$1,236
May 19966813,20319.43$1,321
Apr 199611313,33321.51$2,431
Mar 19961514,78419.38$291
Feb 199611814,48416.98$2,004
Jan 19968019,02217.07$1,366
Dec 19957321,88917.19$1,255
Nov 19956321,67916.00$1,008
Oct 199512523,65715.43$1,929
Sep 19956224,36716.18$1,003
Aug 199514520,49515.92$2,308
Jul 199518321,87115.24$2,789
Jun 1995923,20416.41$148
May 199517326,37017.56$3,038
Apr 199517527,74017.73$3,103
Mar 199514727,51416.44$2,417
Feb 19951024,65216.58$166
Jan 199518437,88515.92$2,929
Dec 199418545,17715.03$2,781
Nov 199422552,61015.90$3,578
Oct 199418527,68915.58$2,882
Sep 1994337,99815.29$46
Aug 19941529,39216.13$242
Jul 1994050517.56$0
Jun 199403,28417.09$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 2020 — as filed, then multipliedworked
Condensate            16 bbl  × $ 44.64 =       $714
Gas                    0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                     $714

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/150729 is the state's own key, not one this site invented.