LAUREL, A.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the TOM SHEARMAN (8000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166880District 04Field 905855002 tax incentive programmesCondensateGasSaveExport
Value, all time
$789 k
Feb 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
340
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
1979-12-05
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/98.

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 Gas112001-02-08143200
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
CondensateDisposition279 bbl$5,099
GasProduction260,536 Mcf$784,098
Total$789,197

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 27.4494, -98.9346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44936, -98.93455 · 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
9,005 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 9,005 ft.

Completions filed
Feb 1998
1 of 1 wells

1 well

42-4793684139,005 ftFeb 1998

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 (340)

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

340 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 20240184.451.66$2
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 20200044.642.68$0
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 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 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015010338.792.17$223
Oct 2015010943.552.43$265
Sep 201506442.992.76$177
Aug 201501940.162.87$55
Jul 201504648.152.95$135
Jun 20150956.152.88$26
May 201508555.212.96$251
Apr 201506349.822.71$171
Mar 201505542.892.93$161
Feb 201503244.662.98$95
Jan 201501443.433.10$43
Dec 20140054.693.59$0
Nov 201403270.464.25$136
Oct 201402978.303.90$113
Sep 201403786.164.05$150
Aug 201407489.394.04$299
Jul 201409796.564.18$405
Jun 201407798.164.74$365
May 201403494.734.73$161
Apr 201407995.944.81$380
Mar 2014011595.895.06$582
Feb 2014014897.406.19$916
Jan 2014011390.404.86$549
Dec 2013011391.824.35$492
Nov 201305988.853.74$221
Oct 201303697.423.78$136
Sep 2013049104.113.72$182
Aug 20130152104.253.52$535
Jul 20130101102.523.72$375
Jun 201318794.403.93$437
May 201304794.834.15$195
Apr 2013012693.964.28$540
Mar 2013013593.623.91$528
Feb 2013014691.233.42$499
Jan 2013018991.603.42$646
Dec 2012012386.773.42$421
Nov 2012016286.953.62$587
Oct 2012014889.383.40$503
Sep 2012018094.672.92$525
Aug 2012014092.662.91$407
Jul 2012016285.133.02$489
Jun 201209179.822.52$229
May 2012019891.612.49$493
Apr 201200101.652.00$0
Mar 20120105105.052.22$233
Feb 20120156101.102.57$401
Jan 2012022598.092.73$615
Dec 2011018196.873.24$586
Nov 2011021995.723.31$725
Oct 2011012884.983.65$467
Sep 2011027783.623.99$1,104
Aug 201109683.404.15$398
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110111105.964.33$481
Mar 2011011096.364.06$446
Feb 201105185.644.18$213
Jan 2011010086.504.59$459
Dec 2010022185.734.35$961
Nov 2010013880.843.80$524
Oct 20100078.103.51$0
Sep 201003572.633.98$139
Aug 201001073.684.42$44
Jul 201002272.554.74$104
Jun 2010026370.364.91$1,291
May 201005371.124.24$224
Apr 2010012781.694.12$524
Mar 201004978.394.39$215
Feb 201004273.585.44$229
Jan 2010025974.365.96$1,545
Dec 200901971.445.48$104
Nov 200903674.593.75$135
Oct 200906972.544.11$284
Sep 2009012365.543.06$377
Aug 2009011567.423.22$370
Jul 2009011361.133.46$391
Jun 2009010966.163.90$425
May 2009012054.743.93$471
Apr 200909346.773.59$334
Mar 200907142.144.06$288
Feb 200904432.814.63$204
Jan 200904935.865.37$263
Dec 200801637.105.98$96
Nov 200802555.496.86$172
Oct 200806375.246.92$436
Sep 20080109101.767.88$859
Aug 20080133114.228.48$1,128
Jul 20080129131.0811.39$1,469
Jun 20080140131.3313.03$1,825
May 20080195123.1711.57$2,257
Apr 20080178110.3110.45$1,861
Mar 20080225101.909.66$2,174
Feb 2008028992.538.77$2,535
Jan 2008025490.388.21$2,084
Dec 2007031288.337.30$2,278
Nov 2007037091.677.29$2,698
Oct 2007025182.856.92$1,737
Sep 2007015175.846.24$943
Aug 2007027869.066.39$1,776
Jul 2007021470.906.39$1,367
Jun 2007031662.007.55$2,385
May 2007033058.747.85$2,589
Apr 2007034559.617.81$2,693
Mar 2007037756.927.30$2,753
Feb 2007037555.108.22$3,081
Jan 2007041550.306.73$2,792
Dec 200601156.656.92$76
Nov 200601554.207.62$114
Oct 20060354.906.01$18
Sep 200603060.085.04$151
Aug 200603868.717.34$279
Jul 200604269.376.34$266
Jun 200605266.286.38$332
May 2006011166.016.42$713
Apr 2006011664.397.36$854
Mar 2006013156.707.08$928
Feb 200609357.597.75$721
Jan 2006016960.598.93$1,510
Dec 2005022854.9413.42$3,059
Nov 2005020054.6910.59$2,118
Oct 2005015758.3413.80$2,166
Sep 2005021561.4512.08$2,597
Aug 2005016661.519.80$1,626
Jul 2005019455.697.84$1,522
Jun 2005011852.337.38$871
May 2005021345.226.65$1,417
Apr 2005023649.207.36$1,737
Mar 2005030950.377.15$2,211
Feb 2005091445.226.31$5,769
Jan 2005046943.166.32$2,965
Dec 2004032039.866.75$2,160
Nov 2004028645.286.33$1,811
Oct 2004031249.706.52$2,033
Sep 2004038043.245.28$2,008
Aug 2004042042.375.55$2,331
Jul 2004098238.286.08$5,975
Jun 200401,03836.106.43$6,677
May 2004041237.486.49$2,676
Apr 2004040534.475.86$2,373
Mar 2004060734.365.53$3,357
Feb 2004051832.455.51$2,854
Jan 2004094532.036.30$5,953
Dec 2003064430.266.30$4,058
Nov 2003056928.804.60$2,615
Oct 2003350728.174.76$2,498
Sep 2003022126.314.75$1,050
Aug 2003037529.765.13$1,924
Jul 2003080629.415.17$4,168
Jun 200301,16628.565.98$6,976
May 2003042626.595.97$2,544
Apr 2003053426.675.41$2,887
Mar 2003061031.146.10$3,719
Feb 2003066633.487.93$5,279
Jan 2003090830.315.58$5,068
Dec 2002090426.914.85$4,388
Nov 2002064624.664.14$2,672
Oct 2002083726.464.23$3,540
Sep 2002086127.443.64$3,130
Aug 2002051525.963.16$1,630
Jul 2002043124.583.06$1,320
Jun 2002045523.733.34$1,519
May 2002096424.663.58$3,455
Apr 2002072323.653.51$2,539
Mar 2002039122.003.10$1,213
Feb 2002074018.222.38$1,758
Jan 2002044517.172.38$1,057
Dec 2001053216.932.36$1,258
Nov 2001086018.072.41$2,069
Oct 200104,89319.782.53$12,374
Sep 2001080924.262.25$1,821
Aug 2001281424.873.05$2,535
Jul 2001276823.933.20$2,503
Jun 200151,31724.563.82$5,159
May 2001150025.524.31$2,179
Apr 200131,04024.685.34$5,623
Mar 200111,04424.545.38$5,638
Feb 200111,06227.755.77$6,152
Jan 200121,12827.478.40$9,529
Dec 200021,18426.889.12$10,855
Nov 2000279032.215.66$4,534
Oct 200011,44731.235.15$7,477
Sep 200031,40331.875.19$7,372
Aug 200081,52629.644.54$7,166
Jul 200041,71728.534.09$7,136
Jun 200031,84429.304.40$8,196
May 200062,13127.263.68$8,005
Apr 200031,94424.513.12$6,131
Mar 200092,19828.422.86$6,542
Feb 2000116,59127.622.73$18,274
Jan 2000176,58525.272.48$16,764
Dec 1999186,80424.282.42$16,928
Nov 199987,35923.192.43$18,097
Oct 199907,74820.982.80$21,723
Sep 199908,81621.752.62$23,088
Aug 199908,92719.262.88$25,670
Jul 1999010,68817.892.37$25,356
Jun 1999011,06915.942.36$26,146
May 199908,91515.792.32$20,692
Apr 199908,52915.102.21$18,832
Mar 199906,41812.471.84$11,798
Feb 199905,6999.981.82$10,360
Jan 199904,08910.381.90$7,769
Dec 199805,4619.201.77$9,684
Nov 1998185,16210.892.19$11,479
Oct 1998307,76012.421.97$15,654
Sep 1998138,53412.592.08$17,937
Aug 199808,03111.301.91$15,318
Jul 19982610,16111.742.24$23,038
Jun 19983810,81611.242.24$24,625
May 199808,29412.622.21$18,299
Apr 1998386,93513.042.51$17,870
Mar 199807,12612.802.31$16,457
Feb 199803,56113.952.30$8,187

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.

Apr 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.45 =         $0
Gas                    1 Mcf  × $  1.66 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/166880 is the state's own key, not one this site invented.