LAUREL, P.

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

Gas lease lease 158347District 04Field 221257002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Feb 1996 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
364
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1995-11-02
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 1996-04-16.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/96.

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 Gas111996-06-17134804
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
CondensateDisposition8,708 bbl$144,649
GasProduction754,505 Mcf$2,011,105
Total$2,155,754

158,095 Mcf of this lease's gas, across 9 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 27.4365, -98.9302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43648, -98.93017 · 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
16,970 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 16,970 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-479363711 T16,970 ftMar 1996

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 (364)

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

364 months

May 2026027106.413.05$82
Apr 2026034898.932.87$999
Mar 20260089.753.15$0
Feb 2026018963.503.75$709
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 202401578.082.63$40
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 2023010985.443.09$337
Sep 20230089.042.74$0
Aug 2023037680.522.67$1,005
Jul 2023027874.852.64$734
Jun 2023045768.962.26$1,032
May 2023055770.622.23$1,241
Apr 2023064778.122.24$1,448
Mar 2023056172.852.39$1,343
Feb 2023048275.112.47$1,188
Jan 2023063176.533.39$2,138
Dec 2022069576.415.73$3,982
Nov 2022060785.005.65$3,427
Oct 2022089587.185.86$5,248
Sep 2022077484.888.16$6,319
Aug 2022065894.529.13$6,006
Jul 20220690101.587.54$5,204
Jun 20220700115.097.98$5,584
May 20220720109.378.43$6,072
Apr 20220756104.226.84$5,169
Mar 20220732108.885.08$3,716
Feb 2022078191.054.86$3,795
Jan 2022066081.844.54$2,995
Dec 202101,02571.323.90$3,997
Nov 2021061677.435.24$3,226
Oct 2021063079.795.71$3,600
Sep 2021094869.865.35$5,073
Aug 202101,10466.024.22$4,660
Jul 202101,60470.783.98$6,387
Jun 202101,29269.493.38$4,368
May 202101,62963.483.02$4,916
Apr 202101,40660.362.76$3,878
Mar 202101,39561.302.72$3,790
Feb 202101,00157.805.55$5,554
Jan 2021080750.412.81$2,268
Dec 202081,11344.642.68$3,335
Nov 202001,20938.772.71$3,272
Oct 202001,09436.972.48$2,711
Sep 202001,41037.091.99$2,807
Aug 202001,55939.982.39$3,718
Jul 2020084638.371.83$1,544
Jun 2020095834.901.69$1,619
May 2020082516.921.81$1,497
Apr 2020065114.751.80$1,175
Mar 202001,06930.341.86$1,984
Feb 2020079949.881.98$1,583
Jan 2020257257.252.09$1,313
Dec 2019056259.012.30$1,295
Nov 2019057055.302.75$1,568
Oct 2019068653.472.42$1,659
Sep 2019093455.052.66$2,482
Aug 201901,12853.112.30$2,599
Jul 2019051356.272.46$1,262
Jun 2019091252.782.49$2,272
May 201901,32358.482.74$3,625
Apr 2019098762.632.75$2,715
Mar 201901,09756.803.06$3,359
Feb 201901,05050.852.79$2,932
Jan 2019092646.033.23$2,989
Dec 2018099746.594.19$4,173
Nov 2018092252.934.24$3,907
Oct 201801,36461.443.40$4,635
Sep 201801,33259.543.11$4,140
Aug 2018092059.403.07$2,821
Jul 201801,11665.142.93$3,272
Jun 201801,39960.183.08$4,305
May 201801,41365.382.90$4,099
Apr 2018089763.842.90$2,602
Mar 201801,25661.222.79$3,500
Feb 201801,24661.782.77$3,447
Jan 201801,15062.874.01$4,611
Dec 201701,21457.272.92$3,547
Nov 201701,22255.423.12$3,811
Oct 201701,12249.292.98$3,348
Sep 201701,41047.523.09$4,353
Aug 201701,15345.373.00$3,464
Jul 201701,18443.873.09$3,655
Jun 201701,41342.493.09$4,362
May 201701,41845.373.26$4,628
Apr 201701,31947.933.21$4,236
Mar 201701,26246.772.98$3,765
Feb 201701,15550.452.95$3,410
Jan 201701,31649.413.42$4,499
Dec 201601,25248.763.72$4,661
Nov 201601,14942.492.64$3,038
Oct 201601,45446.193.09$4,493
Sep 201601,34841.553.10$4,180
Aug 201601,47741.442.92$4,319
Jul 201601,49141.622.92$4,360
Jun 201601,53945.352.69$4,133
May 201601,62442.521.99$3,233
Apr 201601,59836.561.99$3,182
Mar 201601,63833.011.79$2,939
Feb 201601,60126.472.06$3,304
Jan 201601,78027.352.36$4,209
Dec 201501,67732.362.00$3,356
Nov 201501,79738.792.17$3,895
Oct 201502,09343.552.43$5,079
Sep 201501,84342.992.76$5,084
Aug 201501,66540.162.87$4,783
Jul 201501,27948.152.95$3,767
Jun 201501,25356.152.88$3,612
May 201501,25255.212.96$3,700
Apr 201501,28049.822.71$3,464
Mar 201501,12042.892.93$3,287
Feb 201501,19444.662.98$3,554
Jan 201501,46643.433.10$4,546
Dec 201401,58354.693.59$5,685
Nov 201401,63370.464.25$6,943
Oct 201401,60578.303.90$6,261
Sep 2014063286.164.05$2,557
Aug 2014043689.394.04$1,759
Jul 201401,07696.564.18$4,497
Jun 201401,52198.164.74$7,205
May 201401,49894.734.73$7,080
Apr 201401,28595.944.81$6,180
Mar 201401,05195.895.06$5,315
Feb 201401,02897.406.19$6,365
Jan 201401,57390.404.86$7,646
Dec 201301,13191.824.35$4,925
Nov 2013016088.853.74$598
Oct 2013044997.423.78$1,697
Sep 20130340104.113.72$1,264
Aug 2013075104.253.52$264
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201301094.834.15$41
Apr 201302493.964.28$103
Mar 20130093.623.91$0
Feb 201301191.233.42$38
Jan 2013010591.603.42$359
Dec 2012056686.773.42$1,936
Nov 201201,18686.953.62$4,299
Oct 201201,78989.383.40$6,082
Sep 2012038394.672.92$1,118
Aug 201201,81692.662.91$5,281
Jul 201201,00185.133.02$3,024
Jun 201201,27379.822.52$3,207
May 201201,43091.612.49$3,558
Apr 201201,261101.652.00$2,518
Mar 201201,672105.052.22$3,715
Feb 201201,716101.102.57$4,411
Jan 2012097498.092.73$2,663
Dec 201101,25496.873.24$4,063
Nov 201101,69495.723.31$5,609
Oct 2011087884.983.65$3,203
Sep 2011017783.623.99$705
Aug 201101,01683.404.15$4,216
Jul 2011071294.144.52$3,216
Jun 2011070592.904.64$3,271
May 201101698.134.40$70
Apr 201101,243105.964.33$5,386
Mar 201101,51196.364.06$6,131
Feb 201101,22685.644.18$5,125
Jan 201101,33086.504.59$6,103
Dec 201001,44185.734.35$6,265
Nov 2010024480.843.80$926
Oct 2010045878.103.51$1,607
Sep 2010067672.633.98$2,690
Aug 2010098473.684.42$4,349
Jul 2010067172.554.74$3,178
Jun 2010079670.364.91$3,909
May 2010083371.124.24$3,528
Apr 2010069381.694.12$2,857
Mar 201001,39478.394.39$6,118
Feb 201001,12173.585.44$6,101
Jan 201001,37174.365.96$8,177
Dec 2009097671.445.48$5,352
Nov 200901,39874.593.75$5,245
Oct 200901,70972.544.11$7,024
Sep 2009020165.543.06$616
Aug 2009068767.423.22$2,211
Jul 2009056461.133.46$1,954
Jun 2009076966.163.90$2,995
May 2009085354.743.93$3,349
Apr 200901,07346.773.59$3,849
Mar 200901,52442.144.06$6,186
Feb 200901,80532.814.63$8,363
Jan 2009037935.865.37$2,036
Dec 20080037.105.98$0
Nov 2008010055.496.86$686
Oct 200801,67475.246.92$11,587
Sep 20080188101.767.88$1,481
Aug 200800114.228.48$0
Jul 20080202131.0811.39$2,301
Jun 200801,639131.3313.03$21,360
May 200801,860123.1711.57$21,528
Apr 20080277110.3110.45$2,896
Mar 20080240101.909.66$2,319
Feb 200801,01092.538.77$8,858
Jan 200801,14590.388.21$9,396
Dec 200701,10188.337.30$8,039
Nov 200701,06591.677.29$7,766
Oct 2007081482.856.92$5,634
Sep 200701,16575.846.24$7,274
Aug 200701,24469.066.39$7,947
Jul 200701,05170.906.39$6,714
Jun 200701,27562.007.55$9,624
May 20070058.747.85$0
Apr 2007076259.617.81$5,948
Mar 2007055656.927.30$4,060
Feb 2007064155.108.22$5,266
Jan 2007068050.306.73$4,574
Dec 2006077856.656.92$5,383
Nov 200601,12654.207.62$8,577
Oct 200601,80454.906.01$10,849
Sep 2006025360.085.04$1,274
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006019266.286.38$1,226
May 200605866.016.42$373
Apr 2006035064.397.36$2,576
Mar 20060056.707.08$0
Feb 2006018757.597.75$1,449
Jan 2006079860.598.93$7,129
Dec 2005065854.9413.42$8,827
Nov 2005047854.6910.59$5,061
Oct 200501,49258.3413.80$20,583
Sep 20050061.4512.08$0
Aug 200501,68461.519.80$16,498
Jul 2005043555.697.84$3,412
Jun 20050052.337.38$0
May 2005068345.226.65$4,543
Apr 200501,54349.207.36$11,357
Mar 200501,65750.377.15$11,856
Feb 200501,42045.226.31$8,963
Jan 2005046643.166.32$2,946
Dec 20040539.866.75$34
Nov 200404745.286.33$298
Oct 2004038449.706.52$2,502
Sep 200401,41743.245.28$7,487
Aug 200411,87042.375.55$10,422
Jul 200432,42638.286.08$14,875
Jun 200402,27336.106.43$14,622
May 200492,55237.486.49$16,911
Apr 200402,48034.475.86$14,529
Mar 200432,91634.365.53$16,229
Feb 200402,61732.455.51$14,419
Jan 200403,52932.036.30$22,231
Dec 200303,79330.266.30$23,902
Nov 200372,45428.804.60$11,478
Oct 20037042728.174.76$4,004
Sep 2003027926.314.75$1,325
Aug 2003016829.765.13$862
Jul 2003019829.415.17$1,024
Jun 2003061828.565.98$3,697
May 200302,17426.595.97$12,985
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030633.487.93$48
Jan 20030030.315.58$0
Dec 20020126.914.85$5
Nov 200206324.664.14$261
Oct 2002014426.464.23$609
Sep 200208327.443.64$302
Aug 200202225.963.16$70
Jul 2002013224.583.06$404
Jun 200201723.733.34$57
May 200206324.663.58$226
Apr 200207723.653.51$270
Mar 2002015822.003.10$490
Feb 2002059518.222.38$1,414
Jan 200201,39217.172.38$3,307
Dec 200101,33516.932.36$3,156
Nov 200101,49218.072.41$3,589
Oct 200101,48719.782.53$3,760
Sep 2001101,46524.262.25$3,541
Aug 200101,50924.873.05$4,607
Jul 200101,68023.933.20$5,371
Jun 200101,98324.563.82$7,583
May 200101,95625.524.31$8,425
Apr 200102,14324.685.34$11,434
Mar 200102,15324.545.38$11,575
Feb 200101,64327.755.77$9,475
Jan 200101,83027.478.40$15,370
Dec 200001,95226.889.12$17,807
Nov 2000089932.215.66$5,087
Oct 2000014931.235.15$767
Sep 2000029231.875.19$1,514
Aug 2000050229.644.54$2,279
Jul 200001,58928.534.09$6,499
Jun 200001,68129.304.40$7,392
May 200002,06927.263.68$7,613
Apr 200002,18424.513.12$6,805
Mar 200002,30228.422.86$6,583
Feb 200002,18527.622.73$5,957
Jan 200002,62425.272.48$6,509
Dec 199902,59624.282.42$6,292
Nov 199902,20323.192.43$5,362
Oct 199922,37820.982.80$6,709
Sep 199901,85621.752.62$4,861
Aug 199903,04119.262.88$8,745
Jul 199903,13817.892.37$7,445
Jun 199901,64015.942.36$3,874
May 199901,59615.792.32$3,704
Apr 199901,39915.102.21$3,089
Mar 199921,96112.471.84$3,630
Feb 199902,4779.981.82$4,503
Jan 199902,58610.381.90$4,913
Dec 199802,5379.201.77$4,499
Nov 19981703,61810.892.19$9,759
Oct 19981866,23412.421.97$14,586
Sep 19982016,80012.592.08$16,692
Aug 19981927,60011.301.91$16,665
Jul 19983028,05611.742.24$21,569
Jun 19981757,32611.242.24$18,357
May 19984098,46612.622.21$23,840
Apr 19984029,89113.042.51$30,022
Mar 19982098,87212.802.31$23,165
Feb 19983799,90513.952.30$28,060
Jan 199822510,41514.702.15$25,750
Dec 199758112,02016.322.41$38,463
Nov 199762515,09618.193.09$57,989
Oct 19977915,09719.253.15$49,074
Sep 199754712,77117.742.95$47,441
Aug 199737715,18917.862.55$45,537
Jul 199750417,02817.582.25$47,121
Jun 199773916,48317.242.26$49,946
May 199759315,76218.972.31$47,636
Apr 199723310,34117.882.08$25,704
Mar 199762523,24318.951.94$56,915
Feb 199760024,03520.492.21$65,313
Jan 199715812,17923.483.54$46,820
Dec 1996210,81723.32$47
Nov 1996011,45121.97$0
Oct 1996112,83123.31$23
Sep 1996011,09122.22$0
Aug 1996015,16420.26$0
Jul 1996020,55019.55$0
Jun 1996028,89118.73$0
May 1996017,86219.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19967729,43816.98$1,307

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                   27 Mcf  × $  3.05 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/158347 is the state's own key, not one this site invented.