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 153796District 04Field 221244752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Mar 1995 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
375
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 Gas111995-05-11131868
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
CondensateDisposition7,848 bbl$163,369
GasProduction1,083,841 Mcf$2,756,419
Total$2,919,788

388,504 Mcf of this lease's gas, across 22 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 27.4068, -98.9389. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40685, -98.93887 · 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
10,800 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 10,800 ft.

Completions filed
Mar 1995
1 of 1 wells

1 well

42-47936211510,800 ftMar 1995

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 (375)

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

375 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026039363.503.75$1,474
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 202584074.324.28$6,243
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024036769.612.36$868
Aug 2024059175.632.06$1,220
Jul 202401,16079.932.15$2,490
Jun 202402,01178.082.63$5,297
May 202402,50378.812.20$5,503
Apr 202401,86684.451.66$3,096
Mar 202402,17980.301.55$3,367
Feb 202401,15576.091.78$2,060
Jan 202401,62173.023.30$5,346
Dec 202301,91171.262.61$4,989
Nov 202302,18277.892.81$6,126
Oct 2023070385.443.09$2,170
Sep 2023055189.042.74$1,507
Aug 2023049780.522.67$1,328
Jul 2023092874.852.64$2,452
Jun 2023060468.962.26$1,364
May 2023076970.622.23$1,713
Apr 2023086378.122.24$1,931
Mar 2023097972.852.39$2,343
Feb 2023064775.112.47$1,595
Jan 2023085676.533.39$2,900
Dec 2022094576.415.73$5,414
Nov 2022092485.005.65$5,217
Oct 202201,19287.185.86$6,990
Sep 202201,23784.888.16$10,098
Aug 202201,05494.529.13$9,620
Jul 202201,319101.587.54$9,948
Jun 202201,064115.097.98$8,488
May 202201,105109.378.43$9,319
Apr 202201,096104.226.84$7,494
Mar 20220995108.885.08$5,051
Feb 202201,09691.054.86$5,325
Jan 202201,05781.844.54$4,796
Dec 202101,00071.323.90$3,899
Nov 2021087677.435.24$4,587
Oct 202101,13979.795.71$6,508
Sep 202101,23369.865.35$6,598
Aug 202101,51366.024.22$6,386
Jul 202101,27370.783.98$5,069
Jun 2021099569.493.38$3,364
May 202101,24763.483.02$3,763
Apr 202101,35060.362.76$3,724
Mar 2021871,11261.302.72$8,354
Feb 2021098857.805.55$5,481
Jan 2021065150.412.81$1,829
Dec 2020111,07344.642.68$3,362
Nov 2020084038.772.71$2,274
Oct 202001,05136.972.48$2,605
Sep 2020097737.091.99$1,945
Aug 202001,16839.982.39$2,786
Jul 202001,23638.371.83$2,256
Jun 2020084834.901.69$1,433
May 202001,00616.921.81$1,826
Apr 2020090414.751.80$1,631
Mar 2020089930.341.86$1,669
Feb 2020078349.881.98$1,551
Jan 2020088857.252.09$1,860
Dec 2019095859.012.30$2,208
Nov 201901,01355.302.75$2,786
Oct 201901,04653.472.42$2,530
Sep 201901,10455.052.66$2,934
Aug 201901,15053.112.30$2,650
Jul 201901,34256.272.46$3,301
Jun 201901,36952.782.49$3,410
May 201901,02758.482.74$2,814
Apr 2019082262.632.75$2,261
Mar 201901,21156.803.06$3,708
Feb 201901,18250.852.79$3,300
Jan 201901,45546.033.23$4,697
Dec 201801,56446.594.19$6,546
Nov 201801,42652.934.24$6,042
Oct 201801,60661.443.40$5,457
Sep 201801,58159.543.11$4,914
Aug 201801,72559.403.07$5,290
Jul 201801,97865.142.93$5,799
Jun 201801,77060.183.08$5,446
May 201801,63865.382.90$4,752
Apr 201801,48763.842.90$4,313
Mar 201801,64761.222.79$4,590
Feb 201801,49161.782.77$4,124
Jan 201801,23462.874.01$4,948
Dec 201701,21157.272.92$3,538
Nov 20171781,17255.423.12$13,519
Oct 201701,21849.292.98$3,634
Sep 201701,17447.523.09$3,624
Aug 201701,32645.373.00$3,984
Jul 201701,23543.873.09$3,813
Jun 201701,25142.493.09$3,862
May 201701,33645.373.26$4,360
Apr 201701,30247.933.21$4,182
Mar 201701,18946.772.98$3,548
Feb 201701,21550.452.95$3,587
Jan 201701,13949.413.42$3,894
Dec 201601,08948.763.72$4,054
Nov 201601,25742.492.64$3,324
Oct 201601,24146.193.09$3,835
Sep 201601,40441.553.10$4,353
Aug 201601,52841.442.92$4,468
Jul 201601,39941.622.92$4,091
Jun 201601,45445.352.69$3,905
May 201601,49642.521.99$2,979
Apr 201601,49036.561.99$2,967
Mar 201601,47333.011.79$2,643
Feb 201601,50326.472.06$3,102
Jan 201601,37327.352.36$3,246
Dec 201501,36932.362.00$2,740
Nov 201501,29738.792.17$2,811
Oct 201501,38143.552.43$3,351
Sep 201501,14742.992.76$3,164
Aug 201501,38740.162.87$3,984
Jul 201501,28148.152.95$3,773
Jun 201501,02656.152.88$2,958
May 201501,11055.212.96$3,281
Apr 201501,05949.822.71$2,866
Mar 201501,00442.892.93$2,946
Feb 201501,08844.662.98$3,238
Jan 201501,05043.433.10$3,256
Dec 201401,01954.693.59$3,660
Nov 201401,11570.464.25$4,741
Oct 201401,14978.303.90$4,482
Sep 201401,22886.164.05$4,968
Aug 2014077489.394.04$3,123
Jul 201401,23996.564.18$5,179
Jun 201401,00998.164.74$4,780
May 2014091594.734.73$4,325
Apr 2014095995.944.81$4,612
Mar 201401,11795.895.06$5,648
Feb 201401,09697.406.19$6,786
Jan 201401,44590.404.86$7,024
Dec 201301,18891.824.35$5,173
Nov 201301,06688.853.74$3,985
Oct 201301,61697.423.78$6,107
Sep 201301,276104.113.72$4,744
Aug 201301,027104.253.52$3,618
Jul 201301,107102.523.72$4,116
Jun 201391,42494.403.93$6,451
May 201301,28594.834.15$5,332
Apr 201311,37093.964.28$5,961
Mar 201301,32793.623.91$5,192
Feb 201301,29891.233.42$4,439
Jan 201311,31291.603.42$4,579
Dec 201201,29686.773.42$4,433
Nov 201201,31386.953.62$4,760
Oct 201201,64489.383.40$5,589
Sep 201201,46594.672.92$4,275
Aug 201201,37092.662.91$3,984
Jul 201201,62885.133.02$4,918
Jun 201201,48979.822.52$3,751
May 201201,51791.612.49$3,775
Apr 201201,607101.652.00$3,209
Mar 201201,715105.052.22$3,811
Feb 201201,761101.102.57$4,526
Jan 201201,65198.092.73$4,514
Dec 201101,16496.873.24$3,771
Nov 201101,27895.723.31$4,232
Oct 201101,72184.983.65$6,279
Sep 201101,58483.623.99$6,314
Aug 201101,49383.404.15$6,195
Jul 201101,53394.144.52$6,925
Jun 201101,58792.904.64$7,363
May 201101,69898.134.40$7,479
Apr 201101,597105.964.33$6,920
Mar 201101,54896.364.06$6,281
Feb 201101,25285.644.18$5,233
Jan 201101,19186.504.59$5,465
Dec 201001,33385.734.35$5,796
Nov 201001,39280.843.80$5,283
Oct 201001,63178.103.51$5,723
Sep 201001,55472.633.98$6,184
Aug 201001,64273.684.42$7,257
Jul 201001,52772.554.74$7,233
Jun 201001,26370.364.91$6,202
May 201001,45271.124.24$6,150
Apr 201001,63981.694.12$6,757
Mar 201001,50678.394.39$6,609
Feb 201001,51873.585.44$8,262
Jan 201001,67274.365.96$9,972
Dec 200901,75871.445.48$9,640
Nov 200901,64474.593.75$6,167
Oct 200901,69572.544.11$6,967
Sep 200901,61965.543.06$4,962
Aug 200901,75467.423.22$5,645
Jul 200901,57061.133.46$5,439
Jun 200901,57566.163.90$6,135
May 200901,47654.743.93$5,794
Apr 200901,60846.773.59$5,769
Mar 200901,56242.144.06$6,340
Feb 200901,38432.814.63$6,412
Jan 200901,63635.865.37$8,787
Dec 200801,52237.105.98$9,097
Nov 200801,29755.496.86$8,898
Oct 200801,59675.246.92$11,047
Sep 200801,545101.767.88$12,170
Aug 200801,546114.228.48$13,115
Jul 200801,616131.0811.39$18,405
Jun 200801,527131.3313.03$19,901
May 200801,806123.1711.57$20,903
Apr 200801,489110.3110.45$15,567
Mar 200801,045101.909.66$10,099
Feb 200801,55492.538.77$13,629
Jan 200801,47590.388.21$12,103
Dec 200701,48688.337.30$10,851
Nov 200701,58491.677.29$11,550
Oct 200701,28882.856.92$8,916
Sep 200701,26075.846.24$7,868
Aug 200701,45069.066.39$9,263
Jul 200701,24570.906.39$7,953
Jun 200701,69462.007.55$12,787
May 200701,73958.747.85$13,645
Apr 200701,87759.617.81$14,650
Mar 200701,62756.927.30$11,880
Feb 2007077355.108.22$6,351
Jan 2007025950.306.73$1,742
Dec 2006037456.656.92$2,588
Nov 2006551,06054.207.62$11,056
Oct 2006731,33854.906.01$12,054
Sep 200601,33060.085.04$6,699
Aug 200601,78368.717.34$13,087
Jul 200601,49969.376.34$9,508
Jun 200601,48866.286.38$9,499
May 200601,66366.016.42$10,685
Apr 200601,82864.397.36$13,455
Mar 200602,04756.707.08$14,499
Feb 200601,53757.597.75$11,913
Jan 200601,77560.598.93$15,857
Dec 200501,96654.9413.42$26,375
Nov 200501,98654.6910.59$21,029
Oct 200502,03758.3413.80$28,102
Sep 200502,10761.4512.08$25,450
Aug 200502,12261.519.80$20,789
Jul 200501,99455.697.84$15,640
Jun 200502,11252.337.38$15,589
May 200502,09845.226.65$13,954
Apr 200501,83149.207.36$13,477
Mar 200502,01950.377.15$14,446
Feb 200501,76345.226.31$11,128
Jan 200502,05343.166.32$12,979
Dec 200421,96139.866.75$13,319
Nov 200412,09245.286.33$13,289
Oct 200402,04749.706.52$13,336
Sep 200421,85543.245.28$9,888
Aug 200411,97142.375.55$10,983
Jul 200402,62338.286.08$15,959
Jun 200422,55236.106.43$16,489
May 200432,45337.486.49$16,044
Apr 200432,46834.475.86$14,562
Mar 200412,43434.365.53$13,495
Feb 200441,81632.455.51$10,135
Jan 200402,54232.036.30$16,014
Dec 200332,48130.266.30$15,725
Nov 200312,43228.804.60$11,204
Oct 2003112,40328.174.76$11,747
Sep 200331,89826.314.75$9,093
Aug 200322,59129.765.13$13,351
Jul 200332,34329.415.17$12,204
Jun 200312,41028.565.98$14,447
May 200322,44626.595.97$14,662
Apr 200322,35726.675.41$12,798
Mar 200322,37931.146.10$14,565
Feb 200312,10233.487.93$16,694
Jan 200332,67430.315.58$15,017
Dec 20021632,05826.914.85$14,375
Nov 200202,41324.664.14$9,982
Oct 200242,68226.464.23$11,448
Sep 200203,00627.443.64$10,927
Aug 200222,77625.963.16$8,836
Jul 200212,62324.583.06$8,056
Jun 200212,68823.733.34$8,997
May 200202,80924.663.58$10,067
Apr 200212,94823.653.51$10,378
Mar 200232,86322.003.10$8,949
Feb 200232,90618.222.38$6,958
Jan 20021913,26317.172.38$11,031
Dec 200102,94716.932.36$6,968
Nov 200102,98918.072.41$7,190
Oct 200103,14219.782.53$7,946
Sep 200112,83324.262.25$6,402
Aug 200153,41424.873.05$10,548
Jul 2001413,55823.933.20$12,356
Jun 2001133,15324.563.82$12,377
May 200153,55625.524.31$15,444
Apr 2001103,19224.685.34$17,277
Mar 200173,44124.545.38$18,672
Feb 2001103,18927.755.77$18,669
Jan 200103,08927.478.40$25,944
Dec 20001803,17726.889.12$33,821
Nov 2000433,19632.215.66$19,468
Oct 200033,36431.235.15$17,403
Sep 200053,98531.875.19$20,828
Aug 200054,39029.644.54$20,082
Jul 200044,54628.534.09$18,706
Jun 200054,15029.304.40$18,395
May 2000484,33627.263.68$17,264
Apr 200044,60224.513.12$14,438
Mar 20001874,99728.422.86$19,605
Feb 200054,21027.622.73$11,617
Jan 200074,05825.272.48$10,243
Dec 199974,06424.282.42$10,020
Nov 199964,18823.192.43$10,333
Oct 19991874,18020.982.80$15,643
Sep 199944,15921.752.62$10,979
Aug 199994,78719.262.88$13,939
Jul 199974,83417.892.37$11,593
Jun 19991934,53515.942.36$13,789
May 1999174,64315.792.32$11,045
Apr 199974,67015.102.21$10,417
Mar 1999124,59912.471.84$8,604
Feb 19991794,2439.981.82$9,499
Jan 1999194,70110.381.90$9,129
Dec 199884,4799.201.77$8,016
Nov 199874,48810.892.19$9,886
Oct 19981615,22012.421.97$12,279
Sep 199884,93612.592.08$10,381
Aug 19981105,31811.301.91$11,386
Jul 1998195,25311.742.24$11,975
Jun 19981835,03311.242.24$13,317
May 1998214,96012.622.21$11,208
Apr 1998344,06513.042.51$10,628
Mar 19981674,11512.802.31$11,641
Feb 1998314,08713.952.30$9,829
Jan 1998414,67614.702.15$10,679
Dec 19971656,11016.322.41$17,425
Nov 19971886,10818.193.09$22,283
Oct 1997246,71519.253.15$21,613
Sep 1997936,78517.742.95$21,699
Aug 19971726,99517.862.55$20,942
Jul 199707,58617.582.25$17,045
Jun 19971377,19817.242.26$18,609
May 199737,63418.972.31$17,680
Apr 19972047,88417.882.08$20,068
Mar 199728,09018.951.94$15,726
Feb 19971438,34620.492.21$21,341
Jan 199709,82123.483.54$34,763
Dec 1996938,99623.32$2,169
Nov 1996979,13821.97$2,131
Oct 1996819,69023.31$1,888
Sep 19961249,34022.22$2,755
Aug 199612011,28920.26$2,431
Jul 199611511,62919.55$2,248
Jun 199611711,45318.73$2,191
May 199613412,54819.43$2,604
Apr 19968812,33721.51$1,893
Mar 199620713,06319.38$4,012
Feb 199613312,81616.98$2,258
Jan 199611414,82317.07$1,946
Dec 199512715,83217.19$2,183
Nov 199513711,83716.00$2,192
Oct 199528013,42515.43$4,320
Sep 199513420,34116.18$2,168
Aug 199523722,35715.92$3,773
Jul 199518825,18115.24$2,865
Jun 199535428,57716.41$5,809
May 199535236,00317.56$6,181
Apr 199535142,71317.73$6,223
Mar 199518835,11616.44$3,091

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  393 Mcf  × $  3.75 =     $1,474

────────────────────────────────────────────────────
Month total                                   $1,474

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/153796 is the state's own key, not one this site invented.