PALMYRA MINERALS, LTD.

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

Gas lease lease 163325District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Feb 1997 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
352
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 311 leases and 311 wells, and the rule below applies to all of them.

Discovered
2005-07-11
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: THERE IS NO BETWEEN WELL SPACING. NO P-15 AND PLATS REQUIRED.

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 Gas111997-11-07136704
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
CondensateDisposition4,906 bbl$96,597
GasProduction1,954,633 Mcf$5,916,849
Total$6,013,446

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 26.6701, -99.1304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67010, -99.13045 · 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
8,487 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 8,487 ft.

Completions filed
Feb 1997
1 of 1 wells

1 well

42-5053352568,487 ftFeb 1997

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 (352)

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

352 months

May 20260754106.413.05$2,297
Apr 202601,01498.932.87$2,910
Mar 202601,11089.753.15$3,496
Feb 202601,77663.503.75$6,661
Jan 2026074659.138.00$5,966
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 2023036280.522.67$968
Jul 202301,00974.852.64$2,666
Jun 2023065268.962.26$1,473
May 2023089570.622.23$1,994
Apr 2023059578.122.24$1,331
Mar 2023084272.852.39$2,015
Feb 2023044175.112.47$1,087
Jan 2023060476.533.39$2,046
Dec 2022096176.415.73$5,506
Nov 2022067385.005.65$3,800
Oct 2022092887.185.86$5,442
Sep 2022076484.888.16$6,237
Aug 202201,07594.529.13$9,812
Jul 202201,149101.587.54$8,666
Jun 20220382115.097.98$3,047
May 20220399109.378.43$3,365
Apr 20220984104.226.84$6,728
Mar 20220731108.885.08$3,711
Feb 2022054791.054.86$2,658
Jan 2022076881.844.54$3,485
Dec 2021074971.323.90$2,920
Nov 2021066077.435.24$3,456
Oct 2021086079.795.71$4,914
Sep 2021062969.865.35$3,366
Aug 202101,18466.024.22$4,997
Jul 2021097070.783.98$3,863
Jun 202101,03569.493.38$3,499
May 2021081663.483.02$2,462
Apr 2021062960.362.76$1,735
Mar 2021052861.302.72$1,435
Feb 2021058757.805.55$3,257
Jan 2021055050.412.81$1,546
Dec 2020239844.642.68$1,154
Nov 2020050338.772.71$1,361
Oct 2020250236.972.48$1,318
Sep 2020048037.091.99$956
Aug 2020042639.982.39$1,016
Jul 2020041838.371.83$763
Jun 2020044234.901.69$747
May 2020045216.921.81$820
Apr 2020037614.751.80$678
Mar 2020345530.341.86$936
Feb 2020037649.881.98$745
Jan 2020042957.252.09$899
Dec 2019045959.012.30$1,058
Nov 2019037055.302.75$1,018
Oct 2019041153.472.42$994
Sep 2019043755.052.66$1,161
Aug 2019040653.112.30$936
Jul 2019047456.272.46$1,166
Jun 2019049552.782.49$1,233
May 2019051758.482.74$1,417
Apr 2019049462.632.75$1,359
Mar 2019051156.803.06$1,565
Feb 2019034950.852.79$974
Jan 2019041046.033.23$1,324
Dec 2018042046.594.19$1,758
Nov 2018039052.934.24$1,653
Oct 2018039761.443.40$1,349
Sep 2018033859.543.11$1,051
Aug 2018025659.403.07$785
Jul 2018037165.142.93$1,088
Jun 2018047960.183.08$1,474
May 2018044465.382.90$1,288
Apr 2018050163.842.90$1,453
Mar 2018044261.222.79$1,232
Feb 2018042361.782.77$1,170
Jan 2018057962.874.01$2,321
Dec 2017039657.272.92$1,157
Nov 2017045655.423.12$1,422
Oct 2017053149.292.98$1,584
Sep 2017040647.523.09$1,253
Aug 2017039945.373.00$1,199
Jul 2017040343.873.09$1,244
Jun 2017038042.493.09$1,173
May 2017048345.373.26$1,576
Apr 2017045747.933.21$1,468
Mar 2017045446.772.98$1,355
Feb 2017023550.452.95$694
Jan 2017061749.413.42$2,109
Dec 2016046548.763.72$1,731
Nov 2016046342.492.64$1,224
Oct 2016053146.193.09$1,641
Sep 2016048441.553.10$1,501
Aug 2016060641.442.92$1,772
Jul 2016042141.622.92$1,231
Jun 2016036345.352.69$975
May 2016029642.521.99$589
Apr 2016031436.561.99$625
Mar 2016054733.011.79$981
Feb 2016028426.472.06$586
Jan 2016050927.352.36$1,203
Dec 2015074232.362.00$1,485
Nov 2015053938.792.17$1,168
Oct 2015060443.552.43$1,466
Sep 2015066942.992.76$1,845
Aug 2015067340.162.87$1,933
Jul 2015067048.152.95$1,973
Jun 2015058656.152.88$1,689
May 2015059655.212.96$1,761
Apr 2015062049.822.71$1,678
Mar 2015069942.892.93$2,051
Feb 2015050044.662.98$1,488
Jan 201501,13243.433.10$3,510
Dec 201401,10954.693.59$3,983
Nov 201401,12970.464.25$4,800
Oct 2014091378.303.90$3,562
Sep 2014099286.164.05$4,013
Aug 2014095889.394.04$3,866
Jul 2014078396.564.18$3,273
Jun 2014038698.164.74$1,828
May 2014097894.734.73$4,623
Apr 2014095495.944.81$4,588
Mar 2014093795.895.06$4,738
Feb 201401,03997.406.19$6,433
Jan 201401,15090.404.86$5,590
Dec 2013077291.824.35$3,362
Nov 2013035188.853.74$1,312
Oct 2013075997.423.78$2,869
Sep 20130743104.113.72$2,762
Aug 201301,050104.253.52$3,699
Jul 201301,253102.523.72$4,658
Jun 201301,48194.403.93$5,825
May 20131731,35494.834.15$22,023
Apr 201301,23693.964.28$5,293
Mar 201301,17693.623.91$4,602
Feb 2013098091.233.42$3,352
Jan 201301,34791.603.42$4,607
Dec 201201,65486.773.42$5,657
Nov 201201,63686.953.62$5,930
Oct 201201,20389.383.40$4,090
Sep 201201,33394.672.92$3,890
Aug 201201,48192.662.91$4,307
Jul 201201,40085.133.02$4,229
Jun 201201,42679.822.52$3,592
May 201201,44491.612.49$3,593
Apr 201201,453101.652.00$2,901
Mar 201201,291105.052.22$2,869
Feb 201201,591101.102.57$4,089
Jan 201201,71298.092.73$4,681
Dec 201101,59296.873.24$5,158
Nov 201101,56595.723.31$5,182
Oct 201101,38584.983.65$5,053
Sep 201101,36683.623.99$5,445
Aug 201101,26883.404.15$5,261
Jul 201101,29194.144.52$5,832
Jun 201101,33092.904.64$6,171
May 201101,60998.134.40$7,087
Apr 201101,398105.964.33$6,058
Mar 201101,29096.364.06$5,234
Feb 201101,52285.644.18$6,362
Jan 201101,73086.504.59$7,939
Dec 201001,81285.734.35$7,878
Nov 201001,81380.843.80$6,881
Oct 201001,90778.103.51$6,691
Sep 201001,66072.633.98$6,606
Aug 201001,62473.684.42$7,177
Jul 201001,36472.554.74$6,461
Jun 201001,36870.364.91$6,717
May 201001,28071.124.24$5,421
Apr 201001,44881.694.12$5,970
Mar 201001,04978.394.39$4,604
Feb 201001,08773.585.44$5,916
Jan 201002,37174.365.96$14,141
Dec 200901,34971.445.48$7,398
Nov 200902,08774.593.75$7,829
Oct 200901,62672.544.11$6,683
Sep 200901,19865.543.06$3,672
Aug 200901,59067.423.22$5,117
Jul 200901,19261.133.46$4,130
Jun 200901,06566.163.90$4,148
May 200901,42554.743.93$5,594
Apr 200902,15146.773.59$7,717
Mar 200901,22142.144.06$4,956
Feb 200901,01632.814.63$4,707
Jan 200901,73835.865.37$9,335
Dec 200802,30137.105.98$13,753
Nov 200801,66855.496.86$11,443
Oct 200801,61375.246.92$11,165
Sep 200801,232101.767.88$9,705
Aug 200801,342114.228.48$11,384
Jul 200801,293131.0811.39$14,727
Jun 200801,579131.3313.03$20,579
May 200801,411123.1711.57$16,331
Apr 200801,600110.3110.45$16,728
Mar 200801,627101.909.66$15,723
Feb 200801,34892.538.77$11,823
Jan 200801,82090.388.21$14,934
Dec 200701,33588.337.30$9,748
Nov 200701,41091.677.29$10,281
Oct 200701,19182.856.92$8,244
Sep 200701,50875.846.24$9,416
Aug 200701,61469.066.39$10,310
Jul 200701,39670.906.39$8,918
Jun 200701,41962.007.55$10,711
May 200701,23358.747.85$9,674
Apr 200701,64559.617.81$12,840
Mar 200701,67056.927.30$12,194
Feb 200701,26355.108.22$10,377
Jan 200701,29250.306.73$8,691
Dec 200601,65856.656.92$11,471
Nov 200601,50654.207.62$11,472
Oct 200601,34054.906.01$8,058
Sep 200601,39460.085.04$7,022
Aug 200601,57568.717.34$11,560
Jul 200601,92069.376.34$12,178
Jun 200601,74866.286.38$11,159
May 200602,27466.016.42$14,610
Apr 200601,92264.397.36$14,147
Mar 200601,67756.707.08$11,878
Feb 200601,67857.597.75$13,006
Jan 2006091460.598.93$8,165
Dec 200501,67354.9413.42$22,444
Nov 200501,68454.6910.59$17,831
Oct 200503,36858.3413.80$46,464
Sep 200501,98761.4512.08$24,001
Aug 200502,16061.519.80$21,161
Jul 200502,33455.697.84$18,307
Jun 200501,97052.337.38$14,541
May 200502,70145.226.65$17,965
Apr 200502,50249.207.36$18,416
Mar 200502,33150.377.15$16,678
Feb 200502,75945.226.31$17,415
Jan 200502,13343.166.32$13,485
Dec 200401,80639.866.75$12,192
Nov 200402,13945.286.33$13,541
Oct 200402,31749.706.52$15,095
Sep 200402,68443.245.28$14,182
Aug 200403,58542.375.55$19,899
Jul 200403,49038.286.08$21,234
Jun 200402,75736.106.43$17,736
May 200403,24837.486.49$21,094
Apr 200402,56734.475.86$15,039
Mar 200402,28834.365.53$12,653
Feb 200402,14232.455.51$11,802
Jan 200402,49632.036.30$15,724
Dec 200302,81330.266.30$17,727
Nov 200302,63428.804.60$12,104
Oct 200303,31828.174.76$15,792
Sep 200303,50626.314.75$16,651
Aug 200303,62929.765.13$18,616
Jul 200303,66929.415.17$18,972
Jun 200303,88628.565.98$23,250
May 200303,78926.595.97$22,630
Apr 200313,92126.675.41$21,229
Mar 200304,74931.146.10$28,950
Feb 200304,02233.487.93$31,878
Jan 20031854,41530.315.58$30,252
Dec 200205,04326.914.85$24,478
Nov 200204,06924.664.14$16,833
Oct 200204,49726.464.23$19,018
Sep 200204,36327.443.64$15,860
Aug 200204,51725.963.16$14,293
Jul 200214,48024.583.06$13,741
Jun 200224,87223.733.34$16,311
May 200205,74124.663.58$20,576
Apr 200206,52623.653.51$22,921
Mar 200206,88522.003.10$21,362
Feb 200216,15518.222.38$14,641
Jan 200227,62517.172.38$18,149
Dec 200108,08616.932.36$19,119
Nov 200108,56518.072.41$20,603
Oct 200109,27519.782.53$23,455
Sep 200109,21124.262.25$20,737
Aug 2001010,64724.873.05$32,507
Jul 2001011,71723.933.20$37,460
Jun 200118212,07524.563.82$50,647
May 2001013,43625.524.31$57,873
Apr 2001514,32524.685.34$76,552
Mar 20011013,60124.545.38$73,370
Feb 200103,46427.755.77$19,977
Jan 200105,36627.478.40$45,068
Dec 200015,48726.889.12$50,082
Nov 200006,06232.215.66$34,299
Oct 200004,92331.235.15$25,331
Sep 200014,68431.875.19$24,325
Aug 200005,50229.644.54$24,983
Jul 200006,00128.534.09$24,543
Jun 200017,29529.304.40$32,107
May 200019,73227.263.68$35,839
Apr 200039,93324.513.12$31,025
Mar 2000210,64528.422.86$30,499
Feb 2000210,86727.622.73$29,684
Jan 2000212,35225.272.48$30,690
Dec 1999213,40424.282.42$32,536
Nov 199917413,87623.192.43$37,809
Oct 1999115,09720.982.80$42,349
Sep 1999115,46921.752.62$40,533
Aug 1999017,43319.262.88$50,130
Jul 1999018,69017.892.37$44,340
Jun 1999120,19515.942.36$47,719
May 199918223,17015.792.32$56,652
Apr 1999224,19415.102.21$53,452
Mar 1999325,77712.471.84$47,424
Feb 199917324,2019.981.82$45,719
Jan 1999030,57610.381.90$58,093
Dec 199817427,8409.201.77$50,970
Nov 199818632,58210.892.19$73,241
Oct 199818233,49212.421.97$68,213
Sep 1998214,46812.592.08$30,157
Aug 1998223,22111.301.91$44,313
Jul 1998124,25011.742.24$54,266
Jun 199818324,99211.242.24$57,971
May 199821627,43412.622.21$63,255
Apr 19986329,09513.042.51$73,714
Mar 1998228,46012.802.31$65,752
Feb 199817729,98313.952.30$71,404
Jan 199816933,51014.702.15$74,691
Dec 199716738,57216.322.41$95,726
Nov 199716943,89818.193.09$138,643
Oct 199716449,88919.253.15$160,298
Sep 199717554,40417.742.95$163,862
Aug 199716467,77517.862.55$176,077
Jul 199735474,48717.582.25$173,591
Jun 199735182,08117.242.26$191,324
May 199717898,52118.972.31$230,812
Apr 1997350106,17117.882.08$227,389
Mar 199735498,70318.951.94$198,107
Feb 1997273,05220.492.21$161,186

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                  754 Mcf  × $  3.05 =     $2,297

────────────────────────────────────────────────────
Month total                                   $2,297

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/163325 is the state's own key, not one this site invented.