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 188007District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Dec 2001 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
294
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 Gas112005-05-09160557
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
CondensateDisposition24 bbl$759
GasProduction833,258 Mcf$4,158,787
Total$4,159,547

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 26.6742, -99.1183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67423, -99.11825 · 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
12,500 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 12,500 ft.

Completions filed
Dec 2001
1 of 1 wells

1 well

42-50534205812,500 ftDec 2001

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 (294)

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

294 months

May 20260131106.413.05$399
Apr 2026018198.932.87$519
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026014659.138.00$1,168
Dec 202504956.664.41$216
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 202305680.522.67$150
Jul 202309774.852.64$256
Jun 2023018568.962.26$418
May 2023055770.622.23$1,241
Apr 202301,18778.122.24$2,656
Mar 202301,16472.852.39$2,786
Feb 202301,12275.112.47$2,766
Jan 202301,27076.533.39$4,302
Dec 202201,39176.415.73$7,969
Nov 2022088485.005.65$4,991
Oct 202201,21087.185.86$7,095
Sep 202201,20984.888.16$9,870
Aug 202201,42794.529.13$13,024
Jul 202201,663101.587.54$12,542
Jun 202201,434115.097.98$11,439
May 202201,779109.378.43$15,002
Apr 202201,826104.226.84$12,485
Mar 202201,985108.885.08$10,077
Feb 202201,79991.054.86$8,741
Jan 202201,50281.844.54$6,816
Dec 202101,85771.323.90$7,241
Nov 202102,58777.435.24$13,548
Oct 202102,66579.795.71$15,227
Sep 202101,17169.865.35$6,266
Aug 202101,18566.024.22$5,001
Jul 202101,34070.783.98$5,336
Jun 2021088169.493.38$2,978
May 202101,18463.483.02$3,573
Apr 202101,22860.362.76$3,387
Mar 202101,25561.302.72$3,410
Feb 2021097257.805.55$5,393
Jan 2021081850.412.81$2,299
Dec 2020373744.642.68$2,106
Nov 202001,10138.772.71$2,980
Oct 202061,44936.972.48$3,813
Sep 202001,27237.091.99$2,533
Aug 202001,21739.982.39$2,903
Jul 202001,32438.371.83$2,416
Jun 202001,13834.901.69$1,924
May 202001,17916.921.81$2,140
Apr 202001,18914.751.80$2,145
Mar 202091,27630.341.86$2,642
Feb 202001,44749.881.98$2,866
Jan 202001,56857.252.09$3,285
Dec 201901,56059.012.30$3,595
Nov 201901,21555.302.75$3,342
Oct 201901,23853.472.42$2,994
Sep 201901,07055.052.66$2,843
Aug 201901,14653.112.30$2,641
Jul 201901,01156.272.46$2,487
Jun 201901,15952.782.49$2,887
May 201901,13658.482.74$3,113
Apr 201901,14062.632.75$3,136
Mar 201901,17956.803.06$3,610
Feb 201901,05050.852.79$2,932
Jan 201901,17746.033.23$3,800
Dec 201801,14446.594.19$4,788
Nov 201801,12152.934.24$4,750
Oct 201801,07661.443.40$3,656
Sep 201801,24659.543.11$3,873
Aug 201801,29259.403.07$3,962
Jul 201801,20965.142.93$3,545
Jun 201801,46260.183.08$4,498
May 201801,45165.382.90$4,209
Apr 201801,34063.842.90$3,887
Mar 201801,47561.222.79$4,111
Feb 201801,28061.782.77$3,541
Jan 201801,27162.874.01$5,096
Dec 201701,27957.272.92$3,737
Nov 201701,46055.423.12$4,553
Oct 201701,53149.292.98$4,568
Sep 201701,38147.523.09$4,264
Aug 201701,69945.373.00$5,104
Jul 201701,71143.873.09$5,282
Jun 201701,71042.493.09$5,279
May 201701,71245.373.26$5,587
Apr 201701,73647.933.21$5,575
Mar 201701,83646.772.98$5,478
Feb 201701,51950.452.95$4,485
Jan 201701,91849.413.42$6,557
Dec 201602,02148.763.72$7,524
Nov 201602,19842.492.64$5,812
Oct 201602,31246.193.09$7,145
Sep 201602,07541.553.10$6,434
Aug 201602,16641.442.92$6,334
Jul 201601,71641.622.92$5,018
Jun 201601,49445.352.69$4,013
May 201601,42342.521.99$2,833
Apr 201601,33236.561.99$2,652
Mar 201601,36833.011.79$2,454
Feb 201601,12026.472.06$2,311
Jan 201601,63027.352.36$3,854
Dec 201501,87532.362.00$3,753
Nov 201501,85838.792.17$4,027
Oct 201501,67043.552.43$4,052
Sep 201501,68342.992.76$4,642
Aug 201501,83140.162.87$5,260
Jul 201501,92048.152.95$5,655
Jun 201501,76756.152.88$5,094
May 201502,17455.212.96$6,425
Apr 201502,21249.822.71$5,987
Mar 201501,39242.892.93$4,085
Feb 2015065344.662.98$1,943
Jan 201501,97443.433.10$6,121
Dec 201402,09854.693.59$7,535
Nov 201402,25970.464.25$9,605
Oct 201402,09478.303.90$8,169
Sep 201402,19086.164.05$8,860
Aug 201402,15989.394.04$8,712
Jul 201402,29496.564.18$9,588
Jun 201401,08498.164.74$5,135
May 201402,00294.734.73$9,463
Apr 201401,91795.944.81$9,219
Mar 201401,92395.895.06$9,724
Feb 201401,83097.406.19$11,331
Jan 201402,17990.404.86$10,592
Dec 201302,26191.824.35$9,845
Nov 201301,84188.853.74$6,882
Oct 201301,60897.423.78$6,077
Sep 201302,007104.113.72$7,462
Aug 201301,675104.253.52$5,900
Jul 201301,992102.523.72$7,406
Jun 201302,17094.403.93$8,536
May 201302,17794.834.15$9,033
Apr 201301,18993.964.28$5,092
Mar 201301,39593.623.91$5,458
Feb 201301,32991.233.42$4,545
Jan 201301,66391.603.42$5,687
Dec 201201,70186.773.42$5,818
Nov 201201,73386.953.62$6,282
Oct 201201,58989.383.40$5,402
Sep 201201,67494.672.92$4,885
Aug 201202,29092.662.91$6,660
Jul 201201,34885.133.02$4,072
Jun 201201,42679.822.52$3,592
May 201201,53791.612.49$3,825
Apr 201201,575101.652.00$3,145
Mar 201201,661105.052.22$3,691
Feb 201201,088101.102.57$2,796
Jan 201201,48498.092.73$4,057
Dec 201101,47596.873.24$4,779
Nov 201101,65395.723.31$5,474
Oct 201101,58184.983.65$5,768
Sep 201101,43183.623.99$5,704
Aug 201101,60083.404.15$6,639
Jul 201101,62294.144.52$7,327
Jun 201101,44792.904.64$6,714
May 201101,39698.134.40$6,149
Apr 201101,614105.964.33$6,994
Mar 201101,45396.364.06$5,895
Feb 201101,18385.644.18$4,945
Jan 201101,23986.504.59$5,686
Dec 201002,07885.734.35$9,035
Nov 201001,85880.843.80$7,052
Oct 201001,70178.103.51$5,969
Sep 201001,66572.633.98$6,626
Aug 201001,85473.684.42$8,193
Jul 201002,11272.554.74$10,003
Jun 201002,04470.364.91$10,037
May 201002,32871.124.24$9,860
Apr 201002,18581.694.12$9,008
Mar 201002,31678.394.39$10,164
Feb 201002,21373.585.44$12,044
Jan 201001,79174.365.96$10,682
Dec 200901,80771.445.48$9,909
Nov 200902,13074.593.75$7,991
Oct 200902,36072.544.11$9,700
Sep 200901,79265.543.06$5,492
Aug 200901,90367.423.22$6,125
Jul 200901,79061.133.46$6,201
Jun 200903,50466.163.90$13,648
May 200902,13854.743.93$8,393
Apr 200902,68446.773.59$9,629
Mar 200902,79242.144.06$11,333
Feb 200903,34132.814.63$15,479
Jan 200902,73235.865.37$14,674
Dec 200802,89937.105.98$17,328
Nov 200802,93755.496.86$20,149
Oct 200802,79975.246.92$19,375
Sep 200802,886101.767.88$22,733
Aug 200803,063114.228.48$25,983
Jul 200802,261131.0811.39$25,752
Jun 200803,133131.3313.03$40,831
May 200803,318123.1711.57$38,403
Apr 200803,513110.3110.45$36,728
Mar 200803,559101.909.66$34,394
Feb 200802,86292.538.77$25,101
Jan 200802,43190.388.21$19,948
Dec 200702,54288.337.30$18,562
Nov 200702,89691.677.29$21,117
Oct 200703,42782.856.92$23,722
Sep 200703,67375.846.24$22,935
Aug 200703,94669.066.39$25,207
Jul 200702,36170.906.39$15,082
Jun 200703,64662.007.55$27,522
May 200703,77058.747.85$29,580
Apr 200704,34359.617.81$33,898
Mar 200703,40156.927.30$24,834
Feb 200704,21755.108.22$34,647
Jan 200703,21350.306.73$21,613
Dec 200603,95056.656.92$27,328
Nov 200603,89854.207.62$29,693
Oct 200603,63954.906.01$21,884
Sep 200604,14260.085.04$20,864
Aug 200603,80968.717.34$27,958
Jul 200603,63669.376.34$23,062
Jun 200604,58366.286.38$29,257
May 200603,81466.016.42$24,505
Apr 200603,83164.397.36$28,198
Mar 200604,70156.707.08$33,297
Feb 200604,09157.597.75$31,710
Jan 200604,49460.598.93$40,146
Dec 200504,21154.9413.42$56,492
Nov 200504,21954.6910.59$44,672
Oct 200505,37658.3413.80$74,166
Sep 200504,05361.4512.08$48,956
Aug 200505,24261.519.80$51,355
Jul 200504,97455.697.84$39,014
Jun 200504,92452.337.38$36,344
May 200505,72645.226.65$38,085
Apr 200505,56049.207.36$40,924
Mar 200506,41250.377.15$45,877
Feb 200504,56945.226.31$28,839
Jan 200505,23743.166.32$33,109
Dec 200405,97339.866.75$40,324
Nov 200405,62145.286.33$35,583
Oct 200405,81949.706.52$37,911
Sep 200405,43243.245.28$28,702
Aug 200405,79242.375.55$32,149
Jul 200406,07538.286.08$36,961
Jun 200406,64136.106.43$42,722
May 200405,36337.486.49$34,830
Apr 200406,85834.475.86$40,177
Mar 200407,13834.365.53$39,474
Feb 200406,35932.455.51$35,036
Jan 200407,65532.036.30$48,224
Dec 200307,64830.266.30$48,195
Nov 200307,27928.804.60$33,448
Oct 200307,24328.174.76$34,474
Sep 200308,37626.314.75$39,781
Aug 200308,72929.765.13$44,777
Jul 200307,27329.415.17$37,608
Jun 200306,82128.565.98$40,810
May 200308,24526.595.97$49,245
Apr 200308,88326.675.41$48,033
Mar 200307,92331.146.10$48,299
Feb 200308,43433.487.93$66,847
Jan 2003010,18230.315.58$56,836
Dec 200208,90626.914.85$43,228
Nov 2002010,55824.664.14$43,678
Oct 2002011,38026.464.23$48,127
Sep 2002110,60827.443.64$38,590
Aug 2002011,09025.963.16$35,091
Jul 2002113,08324.583.06$40,082
Jun 2002113,03023.733.34$43,521
May 2002012,66424.663.58$45,388
Apr 2002015,36923.653.51$53,981
Mar 2002019,96222.003.10$61,937
Feb 2002325,53218.222.38$60,711
Jan 2002021,90017.172.38$52,027
Dec 2001018,87516.932.36$44,628

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                  131 Mcf  × $  3.05 =       $399

────────────────────────────────────────────────────
Month total                                     $399

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/188007 is the state's own key, not one this site invented.