MARTIN, S.J. A

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

Gas lease lease 168661District 04Field 167243002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Jan 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
341
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 58 leases and 58 wells, and the rule below applies to all of them.

Discovered
2008-05-29
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 2008-05-29.

The Commission's schedule remark for this field reads: HORIZONTAL WELLS. ALLOCATION FORMULA SUSPENDED.

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 Gas111998-07-17138372
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
CondensateDisposition7,573 bbl$170,247
GasProduction1,151,950 Mcf$4,083,991
Total$4,254,238

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 27.3864, -99.2697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38635, -99.26967 · 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
9,942 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 9,942 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-4793683429,942 ftNov 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 (341)

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

341 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 20255074.324.28$372
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 20230376.533.39$10
Dec 2022055176.415.73$3,157
Nov 20220185.005.65$6
Oct 2022034687.185.86$2,029
Sep 20220184.888.16$8
Aug 20220094.529.13$0
Jul 20220784101.587.54$5,913
Jun 20220648115.097.98$5,169
May 20220371109.378.43$3,129
Apr 202268792104.226.84$12,502
Mar 20220980108.885.08$4,975
Feb 2022057391.054.86$2,784
Jan 202201,04381.844.54$4,733
Dec 2021046571.323.90$1,813
Nov 2021054577.435.24$2,854
Oct 202104279.795.71$240
Sep 2021025969.865.35$1,386
Aug 2021065166.024.22$2,748
Jul 2021010170.783.98$402
Jun 202101369.493.38$44
May 20210063.483.02$0
Apr 2021049060.362.76$1,352
Mar 2021058661.302.72$1,592
Feb 2021045157.805.55$2,502
Jan 2021047450.412.81$1,332
Dec 2020153344.642.68$1,471
Nov 2020054438.772.71$1,472
Oct 2020036636.972.48$907
Sep 2020035137.091.99$699
Aug 2020059739.982.39$1,424
Jul 2020066038.371.83$1,205
Jun 2020069734.901.69$1,178
May 2020073816.921.81$1,339
Apr 2020073214.751.80$1,321
Mar 2020073330.341.86$1,361
Feb 2020062749.881.98$1,242
Jan 2020066357.252.09$1,389
Dec 2019077759.012.30$1,790
Nov 2019065655.302.75$1,804
Oct 2019067153.472.42$1,623
Sep 2019076355.052.66$2,028
Aug 2019076853.112.30$1,770
Jul 2019069056.272.46$1,697
Jun 2019065052.782.49$1,619
May 2019058358.482.74$1,598
Apr 20197552162.632.75$6,130
Mar 2019085256.803.06$2,609
Feb 2019077250.852.79$2,156
Jan 2019083846.033.23$2,705
Dec 2018088546.594.19$3,704
Nov 2018084652.934.24$3,585
Oct 2018049261.443.40$1,672
Sep 2018099159.543.11$3,080
Aug 201801,14659.403.07$3,514
Jul 201801,25565.142.93$3,680
Jun 2018096860.183.08$2,978
May 20181571,12065.382.90$13,514
Apr 201801,13563.842.90$3,292
Mar 201801,17761.222.79$3,280
Feb 201801,17561.782.77$3,250
Jan 201801,41562.874.01$5,673
Dec 2017085657.272.92$2,501
Nov 201701,18255.423.12$3,686
Oct 201701,41049.292.98$4,207
Sep 201701,08947.523.09$3,362
Aug 2017042545.373.00$1,277
Jul 2017061543.873.09$1,899
Jun 201701,32942.493.09$4,103
May 201701,35845.373.26$4,432
Apr 201701,42147.933.21$4,564
Mar 2017096346.772.98$2,873
Feb 201701,44250.452.95$4,258
Jan 201701,28649.413.42$4,397
Dec 201601,69148.763.72$6,295
Nov 201601,59842.492.64$4,226
Oct 201601,62146.193.09$5,009
Sep 201601,50141.553.10$4,654
Aug 201601,59441.442.92$4,661
Jul 201601,59341.622.92$4,658
Jun 201601,08745.352.69$2,920
May 201601,58942.521.99$3,164
Apr 201601,47936.561.99$2,945
Mar 201601,61733.011.79$2,901
Feb 201601,35926.472.06$2,804
Jan 201601,37027.352.36$3,239
Dec 201501,45432.362.00$2,910
Nov 201501,48238.792.17$3,212
Oct 201501,34643.552.43$3,266
Sep 201501,61942.992.76$4,466
Aug 201501,59340.162.87$4,576
Jul 201501,57448.152.95$4,636
Jun 201501,65056.152.88$4,757
May 201501,77255.212.96$5,237
Apr 201501,26149.822.71$3,413
Mar 201501,33142.892.93$3,906
Feb 201501,44244.662.98$4,292
Jan 201501,14543.433.10$3,550
Dec 201401,80054.693.59$6,464
Nov 201401,15370.464.25$4,902
Oct 201401,63478.303.90$6,374
Sep 201401,64486.164.05$6,651
Aug 201401,68489.394.04$6,795
Jul 201401,52896.564.18$6,386
Jun 201401,43198.164.74$6,778
May 201401,58994.734.73$7,511
Apr 201401,38595.944.81$6,661
Mar 201401,39495.895.06$7,049
Feb 201401,52797.406.19$9,455
Jan 201401,80190.404.86$8,754
Dec 201301,52091.824.35$6,619
Nov 201301,49288.853.74$5,578
Oct 201301,60097.423.78$6,047
Sep 201301,485104.113.72$5,521
Aug 201301,778104.253.52$6,263
Jul 201301,855102.523.72$6,896
Jun 201301,82594.403.93$7,178
May 201301,12194.834.15$4,651
Apr 201301,42993.964.28$6,120
Mar 201301,23593.623.91$4,832
Feb 2013051891.233.42$1,772
Jan 201301,70091.603.42$5,814
Dec 201201,77186.773.42$6,057
Nov 201201,72786.953.62$6,260
Oct 201201,79889.383.40$6,113
Sep 201201,77694.672.92$5,183
Aug 201201,37492.662.91$3,996
Jul 201201,75385.133.02$5,295
Jun 201201,43279.822.52$3,607
May 201201,90891.612.49$4,748
Apr 201201,971101.652.00$3,936
Mar 201202,115105.052.22$4,700
Feb 2012102,341101.102.57$7,028
Jan 201202,54398.092.73$6,953
Dec 201102,01196.873.24$6,515
Nov 201101,85295.723.31$6,132
Oct 201101,85684.983.65$6,772
Sep 201101,71983.623.99$6,852
Aug 201101,63883.404.15$6,797
Jul 201101,70694.144.52$7,706
Jun 201101,58592.904.64$7,354
May 201101,60898.134.40$7,083
Apr 201101,180105.964.33$5,113
Mar 201101,70096.364.06$6,897
Feb 20111791,75885.644.18$22,678
Jan 201102,06986.504.59$9,494
Dec 201002,38385.734.35$10,361
Nov 201002,19380.843.80$8,323
Oct 201002,52978.103.51$8,874
Sep 201002,28272.633.98$9,081
Aug 201001,74173.684.42$7,694
Jul 201002,42172.554.74$11,467
Jun 201012,23270.364.91$11,030
May 201052,49471.124.24$10,918
Apr 201002,57781.694.12$10,624
Mar 201002,34478.394.39$10,287
Feb 201002,18473.585.44$11,886
Jan 201002,47974.365.96$14,785
Dec 200912,38271.445.48$13,134
Nov 200902,67874.593.75$10,047
Oct 200902,36772.544.11$9,729
Sep 200902,60965.543.06$7,996
Aug 200912,98767.423.22$9,681
Jul 200903,25061.133.46$11,260
Jun 200923,23666.163.90$12,737
May 200902,58454.743.93$10,144
Apr 200902,47346.773.59$8,872
Mar 200902,64042.144.06$10,716
Feb 200901,95432.814.63$9,053
Jan 200901,39435.865.37$7,487
Dec 200802,21537.105.98$13,239
Nov 200802,76655.496.86$18,976
Oct 200802,77075.246.92$19,174
Sep 200802,705101.767.88$21,308
Aug 200802,828114.228.48$23,990
Jul 200802,802131.0811.39$31,913
Jun 200802,894131.3313.03$37,716
May 200803,102123.1711.57$35,903
Apr 200803,088110.3110.45$32,285
Mar 20081411,694101.909.66$30,739
Feb 200801,74392.538.77$15,287
Jan 200801,95290.388.21$16,018
Dec 200704,04888.337.30$29,558
Nov 200703,72291.677.29$27,140
Oct 200703,89382.856.92$26,947
Sep 200704,11475.846.24$25,688
Aug 200702,48369.066.39$15,861
Jul 2007013970.906.39$888
Jun 2007027162.007.55$2,046
May 2007061058.747.85$4,786
Apr 2007034959.617.81$2,724
Mar 2007043256.927.30$3,154
Feb 200701,84555.108.22$15,159
Jan 200704,25350.306.73$28,609
Dec 200602,97256.656.92$20,562
Nov 200606,33654.207.62$48,264
Oct 20061664,93454.906.01$38,785
Sep 2006092460.085.04$4,654
Aug 2006048068.717.34$3,523
Jul 2006062969.376.34$3,990
Jun 200602,88066.286.38$18,386
May 200603,67866.016.42$23,631
Apr 200603,98564.397.36$29,332
Mar 200604,45156.707.08$31,526
Feb 200604,70157.597.75$36,438
Jan 200605,99560.598.93$53,555
Dec 20051716,77154.9413.42$100,230
Nov 200506,79654.6910.59$71,959
Oct 200505,59858.3413.80$77,229
Sep 2005025061.4512.08$3,020
Aug 200505061.519.80$490
Jul 200501655.697.84$126
Jun 200502752.337.38$199
May 20050045.226.65$0
Apr 200502949.207.36$213
Mar 2005037850.377.15$2,705
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004015839.866.75$1,067
Nov 200403845.286.33$241
Oct 200404549.706.52$293
Sep 200402543.245.28$132
Aug 2004048442.375.55$2,687
Jul 2004031738.286.08$1,929
Jun 2004013636.106.43$875
May 2004061637.486.49$4,001
Apr 2004081434.475.86$4,769
Mar 200401,30134.365.53$7,195
Feb 200404,10432.455.51$22,611
Jan 200403,99732.036.30$25,180
Dec 200304,53830.266.30$28,597
Nov 20031014,50528.804.60$23,610
Oct 200301,37528.174.76$6,545
Sep 2003076126.314.75$3,614
Aug 2003070229.765.13$3,601
Jul 200301,04429.415.17$5,398
Jun 200302,51328.565.98$15,035
May 200303,77726.595.97$22,559
Apr 200303,33126.675.41$18,012
Mar 200303,17931.146.10$19,379
Feb 200305,78933.487.93$45,883
Jan 200304,38930.315.58$24,500
Dec 200201,97726.914.85$9,596
Nov 200202,09424.664.14$8,663
Oct 20021732,89526.464.23$16,821
Sep 200203,25027.443.64$11,814
Aug 200204,81225.963.16$15,226
Jul 200205,02524.583.06$15,385
Jun 200204,25323.733.34$14,198
May 2002214,44624.663.58$16,452
Apr 200203,14323.653.51$11,039
Mar 200202,57222.003.10$7,980
Feb 200202,42718.222.38$5,766
Jan 200204,25517.172.38$10,109
Dec 20011655,07716.932.36$14,798
Nov 200106,44118.072.41$15,494
Oct 200127,35119.782.53$18,629
Sep 200117,67324.262.25$17,299
Aug 200108,36524.873.05$25,540
Jul 20011659,32523.933.20$33,761
Jun 200104,07624.563.82$15,587
May 200105,76325.524.31$24,823
Apr 200104,69824.685.34$25,065
Mar 200102,44424.545.38$13,140
Feb 200103,87627.755.77$22,353
Jan 20011823,80627.478.40$36,965
Dec 200003,20426.889.12$29,228
Nov 200007,86832.215.66$44,517
Oct 200004,06631.235.15$20,922
Sep 200004,02231.875.19$20,860
Aug 200007,32429.644.54$33,256
Jul 200002,61428.534.09$10,691
Jun 20001705,51429.304.40$29,227
May 200005,40327.263.68$19,882
Apr 200006,36824.513.12$19,843
Mar 200004,41828.422.86$12,634
Feb 200005,29327.622.73$14,431
Jan 200004,29325.272.48$10,649
Dec 19991726,33724.282.42$19,535
Nov 199907,63923.192.43$18,593
Oct 199907,77820.982.80$21,807
Sep 199909,50721.752.62$24,897
Aug 19991719,79519.262.88$31,460
Jul 1999012,01717.892.37$28,509
Jun 199909,94215.942.36$23,484
May 199918211,90415.792.32$30,503
Apr 1999012,36715.102.21$27,307
Mar 1999014,00212.471.84$25,740
Feb 199917814,4899.981.82$28,114
Jan 199935717,62010.381.90$37,183
Dec 199817622,1699.201.77$40,932
Nov 199817925,69410.892.19$58,109
Oct 199816726,68212.421.97$54,617
Sep 199815918,30712.592.08$40,128
Aug 199818121,89411.301.91$43,805
Jul 199835327,38711.742.24$65,416
Jun 199834732,48011.242.24$76,567
May 199835952,48412.622.21$120,328
Apr 199871872,99313.042.51$192,234
Mar 199889966,10212.802.31$164,166
Feb 19981,01282,90813.952.30$204,734
Jan 199807,05314.702.15$15,198

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.

Jan 2025 — as filed, then multipliedworked
Condensate             5 bbl  × $ 74.32 =       $372
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                     $372

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/168661 is the state's own key, not one this site invented.