FARLEY G. U.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the JEFFRESS, E. (10,400 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194421District 04Field 460899002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2002-08-16
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-10-08.

The Commission's schedule remark for this field reads: TO FILE MOST CURRENT TEST OR TEST FILED ON PREVIOUS SURVEY.

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 Gas112004-06-30157063
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
CondensateDisposition14,379 bbl$698,861
GasProduction1,129,265 Mcf$6,339,778
Total$7,038,639

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 26.3606, -98.4533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.36059, -98.45327 · 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
11,100 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 11,100 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-21533085211,100 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 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 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 2021171071.323.90$12,196
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021034666.024.22$1,460
Jul 202101,18370.783.98$4,711
Jun 202101,18869.493.38$4,016
May 202101,15263.483.02$3,476
Apr 2021251,17760.362.76$4,756
Mar 202101,31261.302.72$3,565
Feb 202101,07457.805.55$5,959
Jan 202101,32850.412.81$3,732
Dec 202001,34544.642.68$3,598
Nov 202001,19838.772.71$3,242
Oct 202001,21636.972.48$3,014
Sep 202001,25337.091.99$2,495
Aug 202001,12339.982.39$2,678
Jul 2020095138.371.83$1,736
Jun 202017799734.901.69$7,863
May 202001,13716.921.81$2,063
Apr 202001,13814.751.80$2,053
Mar 202001,17230.341.86$2,176
Feb 202001,12749.881.98$2,232
Jan 202001,13657.252.09$2,380
Dec 201901,12459.012.30$2,590
Nov 201901,01555.302.75$2,792
Oct 201901,01953.472.42$2,464
Sep 2019095655.052.66$2,540
Aug 2019099653.112.30$2,295
Jul 20191871,01156.272.46$13,010
Jun 201901,13352.782.49$2,823
May 201901,13358.482.74$3,105
Apr 201901,24462.632.75$3,422
Mar 201901,30556.803.06$3,996
Feb 201901,20450.852.79$3,362
Jan 201901,17346.033.23$3,787
Dec 201801,15946.594.19$4,851
Nov 201801,24852.934.24$5,288
Oct 20181911,18061.443.40$15,745
Sep 201801,26959.543.11$3,944
Aug 201801,29259.403.07$3,962
Jul 201801,29765.142.93$3,803
Jun 201801,27360.183.08$3,917
May 201801,39165.382.90$4,035
Apr 201801,31763.842.90$3,820
Mar 201801,40361.222.79$3,910
Feb 201801,21661.782.77$3,364
Jan 201801,09062.874.01$4,370
Dec 201701,40257.272.92$4,096
Nov 201701,39955.423.12$4,363
Oct 201701,48049.292.98$4,416
Sep 201701,54847.523.09$4,779
Aug 201701,61445.373.00$4,849
Jul 201701,60343.873.09$4,949
Jun 201701,53142.493.09$4,727
May 201701,57545.373.26$5,140
Apr 20171881,43547.933.21$13,619
Mar 201701,45446.772.98$4,338
Feb 201701,27650.452.95$3,768
Jan 201701,24449.413.42$4,253
Dec 201601,27448.763.72$4,743
Nov 20161931,34442.492.64$11,755
Oct 201601,57946.193.09$4,880
Sep 201601,49641.553.10$4,639
Aug 20161921,60041.442.92$12,635
Jul 201601,79641.622.92$5,252
Jun 201601,89645.352.69$5,092
May 201601,87042.521.99$3,723
Apr 201601,84136.561.99$3,666
Mar 201601,82933.011.79$3,281
Feb 201601,73826.472.06$3,587
Jan 201601,85627.352.36$4,388
Dec 201501,83232.362.00$3,667
Nov 201501,65938.792.17$3,596
Oct 201501,68943.552.43$4,098
Sep 201501,67142.992.76$4,609
Aug 201501,47640.162.87$4,240
Jul 201501,02448.152.95$3,016
Jun 201518199556.152.88$13,032
May 201501,09855.212.96$3,245
Apr 201518090149.822.71$11,406
Mar 2015087442.892.93$2,565
Feb 2015088744.662.98$2,640
Jan 2015096943.433.10$3,005
Dec 201401,53154.693.59$5,498
Nov 201401,53770.464.25$6,535
Oct 201401,80878.303.90$7,053
Sep 201401,58386.164.05$6,404
Aug 201402,65089.394.04$10,693
Jul 20141942,47796.564.18$29,086
Jun 201402,12798.164.74$10,075
May 201401,87494.734.73$8,858
Apr 201401,95695.944.81$9,407
Mar 201402,38595.895.06$12,060
Feb 201402,69897.406.19$16,706
Jan 201402,97890.404.86$14,475
Dec 201303,06191.824.35$13,329
Nov 20131943,03988.853.74$28,598
Oct 201302,80197.423.78$10,586
Sep 201302,881104.113.72$10,711
Aug 201302,947104.253.52$10,381
Jul 201302,933102.523.72$10,904
Jun 20131892,85794.403.93$29,079
May 201302,86094.834.15$11,866
Apr 20131952,63593.964.28$29,607
Mar 201302,75893.623.91$10,792
Feb 201302,53691.233.42$8,673
Jan 201302,96691.603.42$10,143
Dec 201202,68586.773.42$9,183
Nov 201202,70086.953.62$9,787
Oct 201202,79489.383.40$9,499
Sep 201202,74094.672.92$7,996
Aug 201202,88492.662.91$8,387
Jul 201202,77285.133.02$8,374
Jun 201202,28479.822.52$5,753
May 201202,54391.612.49$6,328
Apr 201202,850101.652.00$5,691
Mar 20121932,930105.052.22$26,785
Feb 201202,679101.102.57$6,886
Jan 201203,01798.092.73$8,249
Dec 201103,14296.873.24$10,179
Nov 20111882,98195.723.31$27,866
Oct 201103,22484.983.65$11,763
Sep 201103,12783.623.99$12,464
Aug 201103,25883.404.15$13,518
Jul 201103,31494.144.52$14,970
Jun 201103,21592.904.64$14,917
May 20111943,25398.134.40$33,366
Apr 201103,201105.964.33$13,871
Mar 201103,23796.364.06$13,134
Feb 201103,10285.644.18$12,966
Jan 20111903,46686.504.59$32,340
Dec 201003,54785.734.35$15,421
Nov 201003,45380.843.80$13,105
Oct 201003,63678.103.51$12,758
Sep 201083,53872.633.98$14,660
Aug 2010423,75573.684.42$19,689
Jul 2010373,66172.554.74$20,025
Jun 201003,69070.364.91$18,119
May 2010903,62771.124.24$21,762
Apr 20101053,79981.694.12$24,240
Mar 201003,86578.394.39$16,962
Feb 20102413,19373.585.44$35,110
Jan 201005,88374.365.96$35,087
Dec 20091523,85271.445.48$31,982
Nov 200903,95674.593.75$14,841
Oct 20091224,26172.544.11$26,364
Sep 20091114,42165.543.06$20,824
Aug 2009964,75967.423.22$21,789
Jul 200904,89561.133.46$16,959
Jun 200904,90466.163.90$19,101
May 2009675,33554.743.93$24,611
Apr 2009685,61946.773.59$23,339
Mar 200904,67042.144.06$18,956
Feb 20097122532.814.63$3,372
Jan 200901,38835.865.37$7,455
Dec 2008902,72437.105.98$19,621
Nov 2008892,69955.496.86$23,455
Oct 200802,90375.246.92$20,095
Sep 200802,751101.767.88$21,670
Aug 200803,061114.228.48$25,967
Jul 2008513,143131.0811.39$42,482
Jun 2008353,230131.3313.03$46,692
May 200803,090123.1711.57$35,765
Apr 200803,423110.3110.45$35,787
Mar 200801,670101.909.66$16,139
Feb 200802,73892.538.77$24,014
Jan 200802,06790.388.21$16,961
Dec 200702,90088.337.30$21,176
Nov 200703,68591.677.29$26,870
Oct 20071024,27782.856.92$38,056
Sep 200704,29375.846.24$26,806
Aug 200704,71169.066.39$30,094
Jul 20071014,86470.906.39$38,232
Jun 200705,01662.007.55$37,863
May 20071025,37158.747.85$48,134
Apr 20071025,46659.617.81$48,743
Mar 20071015,07056.927.30$42,770
Feb 200705,06855.108.22$41,639
Jan 20071025,78350.306.73$44,032
Dec 200605,87856.656.92$40,667
Nov 20061025,83454.207.62$49,969
Oct 200607,55254.906.01$45,416
Sep 2006726,45160.085.04$36,821
Aug 200607,06868.717.34$51,879
Jul 2006767,35869.376.34$51,942
Jun 2006778,02066.286.38$56,302
May 2006757,12366.016.42$50,716
Apr 2006756,96264.397.36$56,073
Mar 2006737,21756.707.08$55,257
Feb 2006736,04257.597.75$51,036
Jan 2006757,45760.598.93$71,160
Dec 2005775,22554.9413.42$74,326
Nov 2005777,57554.6910.59$84,418
Oct 20051067,52358.3413.80$109,970
Sep 2005697,32361.4512.08$92,695
Aug 2005678,18361.519.80$84,289
Jul 2005698,47155.697.84$70,286
Jun 2005668,62152.337.38$67,086
May 2005688,85945.226.65$61,998
Apr 20051358,84949.207.36$71,775
Mar 2005769,74050.377.15$73,517
Feb 2005797,87445.226.31$53,272
Jan 20051709,81843.166.32$69,409
Dec 2004010,49639.866.75$70,859
Nov 200418410,78145.286.33$76,580
Oct 200417111,76749.706.52$85,162
Sep 200418811,74143.245.28$70,167
Aug 200410412,44542.375.55$73,484
Jul 200421013,45838.286.08$89,920
Jun 200421113,60436.106.43$95,132
May 200421514,26437.486.49$100,697
Apr 200426614,49234.475.86$94,070
Mar 20047615,47634.365.53$88,196
Feb 200459615,35132.455.51$103,918
Jan 200417117,43232.036.30$115,292
Dec 200315718,35030.266.30$120,386
Nov 200317518,72728.804.60$91,094
Oct 200322822,15528.174.76$111,873
Sep 200325824,44926.314.75$122,905
Aug 200338926,99529.765.13$150,053
Jul 200355129,89929.415.17$170,808
Jun 200392936,41728.565.98$244,414
May 200355550,80526.595.97$318,199
Apr 20031,12185,22926.675.41$490,754
Mar 200356054,94231.146.10$352,367

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.

Dec 2021 — as filed, then multipliedworked
Condensate           171 bbl  × $ 71.32 =    $12,196
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                  $12,196

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/194421 is the state's own key, not one this site invented.