VILLARREAL

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

Gas lease lease 194414District 04Field 521697802 tax incentive programmesCondensateGasSaveExport
Value, all time
$857 k
Mar 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
279
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 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1981-07-13
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 07/01/97.

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 Gas112003-08-12152117
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
CondensateDisposition478 bbl$35,152
GasProduction147,351 Mcf$821,699
Total$856,850

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 27.3252, -99.1123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32516, -99.11231 · 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
10,938 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 10,938 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-479383311010,938 ftMar 2003

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 (279)

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

279 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 20250862.363.54$28
Mar 20250467.704.27$17
Feb 20250070.884.34$0
Jan 20250274.324.28$9
Dec 20240168.993.12$3
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 20240684.451.66$10
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230371.262.61$8
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230674.852.64$16
Jun 2023018268.962.26$411
May 2023022770.622.23$506
Apr 2023015678.122.24$349
Mar 2023020872.852.39$498
Feb 20230875.112.47$20
Jan 20230076.533.39$0
Dec 2022012476.415.73$710
Nov 202205485.005.65$305
Oct 202201,46187.185.86$8,567
Sep 2022017184.888.16$1,396
Aug 2022023294.529.13$2,118
Jul 20220279101.587.54$2,104
Jun 20220256115.097.98$2,042
May 20220282109.378.43$2,378
Apr 202217246104.226.84$3,454
Mar 2022075108.885.08$381
Feb 2022036091.054.86$1,749
Jan 202202581.844.54$113
Dec 2021017571.323.90$682
Nov 202101077.435.24$52
Oct 2021011279.795.71$640
Sep 2021011669.865.35$621
Aug 2021011066.024.22$464
Jul 2021024070.783.98$956
Jun 2021013869.493.38$467
May 2021049363.483.02$1,488
Apr 20210060.362.76$0
Mar 202108061.302.72$217
Feb 202137057.805.55$562
Jan 202105450.412.81$152
Dec 202058344.642.68$445
Nov 2020014538.772.71$392
Oct 2020515436.972.48$567
Sep 2020011237.091.99$223
Aug 2020015939.982.39$379
Jul 2020016438.371.83$299
Jun 2020017034.901.69$287
May 2020017616.921.81$319
Apr 2020025914.751.80$467
Mar 2020020130.341.86$373
Feb 20201118549.881.98$915
Jan 2020017357.252.09$362
Dec 2019022059.012.30$507
Nov 2019722355.302.75$1,001
Oct 2019020653.472.42$498
Sep 2019020355.052.66$539
Aug 2019020853.112.30$479
Jul 2019034756.272.46$854
Jun 2019038852.782.49$967
May 2019034358.482.74$940
Apr 20191037162.632.75$1,647
Mar 2019042756.803.06$1,308
Feb 2019037750.852.79$1,053
Jan 2019038846.033.23$1,253
Dec 20181038146.594.19$2,061
Nov 2018042452.934.24$1,797
Oct 2018044961.443.40$1,526
Sep 2018046259.543.11$1,436
Aug 2018041159.403.07$1,260
Jul 20181649465.142.93$2,491
Jun 2018044060.183.08$1,354
May 2018046265.382.90$1,340
Apr 2018031763.842.90$920
Mar 2018041261.222.79$1,148
Feb 2018031761.782.77$877
Jan 20181036362.874.01$2,084
Dec 2017041857.272.92$1,221
Nov 2017030355.423.12$945
Oct 2017028649.292.98$853
Sep 2017031547.523.09$972
Aug 20171129645.373.00$1,388
Jul 2017034743.873.09$1,071
Jun 2017035742.493.09$1,102
May 2017041845.373.26$1,364
Apr 2017044147.933.21$1,416
Mar 2017040646.772.98$1,211
Feb 2017037350.452.95$1,101
Jan 20171142549.413.42$1,997
Dec 2016051148.763.72$1,902
Nov 2016040942.492.64$1,082
Oct 2016038346.193.09$1,184
Sep 2016033441.553.10$1,036
Aug 2016040341.442.92$1,179
Jul 20161239341.622.92$1,649
Jun 2016043945.352.69$1,179
May 2016047942.521.99$954
Apr 2016938836.561.99$1,102
Mar 2016044333.011.79$795
Feb 2016942426.472.06$1,113
Jan 20161151027.352.36$1,507
Dec 2015044232.362.00$885
Nov 2015043438.792.17$941
Oct 2015944643.552.43$1,474
Sep 2015038542.992.76$1,062
Aug 2015049240.162.87$1,413
Jul 2015051448.152.95$1,514
Jun 2015042556.152.88$1,225
May 2015044355.212.96$1,309
Apr 2015048849.822.71$1,321
Mar 2015043042.892.93$1,262
Feb 2015037144.662.98$1,104
Jan 2015943243.433.10$1,730
Dec 2014040454.693.59$1,451
Nov 2014046470.464.25$1,973
Oct 2014052878.303.90$2,060
Sep 2014039486.164.05$1,594
Aug 2014581,00989.394.04$9,256
Jul 201403,08896.564.18$12,907
Jun 201401,13998.164.74$5,395
May 20141038294.734.73$2,753
Apr 2014934895.944.81$2,537
Mar 20142571995.895.06$6,033
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011013083.404.15$539
Jul 201105794.144.52$257
Jun 201105792.904.64$264
May 201106598.134.40$286
Apr 20110187105.964.33$810
Mar 2011037096.364.06$1,501
Feb 2011061385.644.18$2,562
Jan 2011013286.504.59$606
Dec 2010012885.734.35$557
Nov 2010019180.843.80$725
Oct 2010017778.103.51$621
Sep 2010016672.633.98$661
Aug 2010019973.684.42$879
Jul 2010020872.554.74$985
Jun 2010021970.364.91$1,075
May 2010021571.124.24$911
Apr 2010020481.694.12$841
Mar 2010024278.394.39$1,062
Feb 2010030773.585.44$1,671
Jan 2010021974.365.96$1,306
Dec 2009020971.445.48$1,146
Nov 2009017974.593.75$672
Oct 2009032072.544.11$1,315
Sep 2009024465.543.06$748
Aug 2009026667.423.22$856
Jul 2009025961.133.46$897
Jun 2009027766.163.90$1,079
May 2009028154.743.93$1,103
Apr 2009027746.773.59$994
Mar 2009032942.144.06$1,335
Feb 2009027132.814.63$1,256
Jan 2009042935.865.37$2,304
Dec 2008033637.105.98$2,008
Nov 2008029355.496.86$2,010
Oct 2008040575.246.92$2,803
Sep 20080284101.767.88$2,237
Aug 20080383114.228.48$3,249
Jul 20080359131.0811.39$4,089
Jun 20080453131.3313.03$5,904
May 20080443123.1711.57$5,127
Apr 20080409110.3110.45$4,276
Mar 20080524101.909.66$5,064
Feb 20081355492.538.77$6,062
Jan 20081953190.388.21$6,074
Dec 20072558388.337.30$6,465
Nov 20072668091.677.29$7,342
Oct 20075170882.856.92$9,126
Sep 20072167275.846.24$5,789
Aug 20074260669.066.39$6,772
Jul 2007463570.906.39$4,340
Jun 2007055662.007.55$4,197
May 2007065958.747.85$5,171
Apr 2007068359.617.81$5,331
Mar 2007049456.927.30$3,607
Feb 2007067255.108.22$5,521
Jan 2007059650.306.73$4,009
Dec 2006069256.656.92$4,788
Nov 2006058554.207.62$4,456
Oct 2006072054.906.01$4,330
Sep 2006066060.085.04$3,325
Aug 2006052768.717.34$3,868
Jul 2006065569.376.34$4,155
Jun 2006057066.286.38$3,639
May 2006069166.016.42$4,440
Apr 2006084264.397.36$6,198
Mar 2006089256.707.08$6,318
Feb 2006082157.597.75$6,364
Jan 2006093860.598.93$8,379
Dec 2005096854.9413.42$12,986
Nov 2005096654.6910.59$10,228
Oct 2005098258.3413.80$13,547
Sep 200501,04361.4512.08$12,598
Aug 200501,13361.519.80$11,100
Jul 200501,10555.697.84$8,667
Jun 200501,14452.337.38$8,444
May 200501,16345.226.65$7,735
Apr 200501,13349.207.36$8,339
Mar 200501,25850.377.15$9,001
Feb 200501,09645.226.31$6,918
Jan 200501,18143.166.32$7,467
Dec 200401,26539.866.75$8,540
Nov 200401,31145.286.33$8,299
Oct 200401,47249.706.52$9,590
Sep 200401,37743.245.28$7,276
Aug 200401,54742.375.55$8,587
Jul 200401,30838.286.08$7,958
Jun 200401,77036.106.43$11,386
May 200401,89737.486.49$12,320
Apr 200401,92334.475.86$11,266
Mar 200401,91634.365.53$10,596
Feb 200401,90332.455.51$10,485
Jan 200402,20032.036.30$13,859
Dec 200302,09830.266.30$13,221
Nov 200302,18628.804.60$10,045
Oct 200302,37128.174.76$11,285
Sep 200302,90926.314.75$13,816
Aug 200303,49529.765.13$17,928
Jul 200304,03029.415.17$20,838
Jun 200304,98728.565.98$29,837
May 200306,66726.595.97$39,820
Apr 2003012,59726.675.41$68,116
Mar 200304,54631.146.10$27,713

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                    8 Mcf  × $  3.54 =        $28

────────────────────────────────────────────────────
Month total                                      $28

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/194414 is the state's own key, not one this site invented.