FARLEY G. U.

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

Gas lease lease 194577District 04Field 460894002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
Jan 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
281
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 24 leases and 24 wells, and the rule below applies to all of them.

Discovered
2000-04-09
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 2000-06-06.

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 Gas112004-12-08157333
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
CondensateDisposition19,024 bbl$800,195
GasProduction2,213,718 Mcf$14,135,737
Total$14,935,932

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 26.3613, -98.4564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.36133, -98.45637 · 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
12,712 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 12,712 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-21533057112,712 ftJan 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 (281)

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

281 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 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 20150038.792.17$0
Oct 2015230043.552.43$10,017
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
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 20120292.662.91$6
Jul 20120885.133.02$24
Jun 2012065579.822.52$1,650
May 20121943,19291.612.49$25,715
Apr 201203,445101.652.00$6,879
Mar 201203,539105.052.22$7,864
Feb 201203,177101.102.57$8,166
Jan 201203,65398.092.73$9,988
Dec 201103,85596.873.24$12,489
Nov 20111933,65195.723.31$30,563
Oct 201103,93084.983.65$14,339
Sep 201103,75883.623.99$14,979
Aug 201104,22283.404.15$17,518
Jul 201103,71994.144.52$16,800
Jun 201103,64592.904.64$16,912
May 20111923,60798.134.40$34,729
Apr 201103,119105.964.33$13,516
Mar 201103,61296.364.06$14,655
Feb 201103,47985.644.18$14,542
Jan 20111943,93386.504.59$34,829
Dec 201003,93585.734.35$17,108
Nov 201003,71280.843.80$14,088
Oct 201004,23178.103.51$14,846
Sep 201004,19672.633.98$16,698
Aug 2010434,22973.684.42$21,858
Jul 2010374,38872.554.74$23,468
Jun 201004,42070.364.91$21,704
May 2010914,65471.124.24$26,183
Apr 2010894,47881.694.12$25,732
Mar 201004,69278.394.39$20,592
Feb 20101403,94973.585.44$31,793
Jan 201005,80474.365.96$34,616
Dec 2009434,33371.445.48$26,833
Nov 200905,85274.593.75$21,954
Oct 2009725,62972.544.11$28,359
Sep 2009804,74565.543.06$19,785
Aug 2009945,20067.423.22$23,074
Jul 200905,29061.133.46$18,327
Jun 200905,16366.163.90$20,110
May 20091285,49454.743.93$28,575
Apr 20091265,41846.773.59$25,330
Mar 200905,73042.144.06$23,258
Feb 20091235,12032.814.63$27,757
Jan 200905,86235.865.37$31,485
Dec 20081025,89937.105.98$39,043
Nov 20081095,87355.496.86$46,339
Oct 200806,19075.246.92$42,847
Sep 200805,758101.767.88$45,356
Aug 200806,362114.228.48$53,969
Jul 20081426,524131.0811.39$92,918
Jun 20081596,671131.3313.03$107,822
May 200806,148123.1711.57$71,159
Apr 200807,104110.3110.45$74,271
Mar 200826,517101.909.66$63,185
Feb 200805,62092.538.77$49,291
Jan 200805,24790.388.21$43,055
Dec 200706,55288.337.30$47,843
Nov 200706,78591.677.29$49,474
Oct 2007997,11782.856.92$57,466
Sep 200706,99475.846.24$43,672
Aug 200707,47169.066.39$47,724
Jul 2007957,70170.906.39$55,929
Jun 200707,58562.007.55$57,255
May 2007968,06158.747.85$68,888
Apr 2007968,10059.617.81$68,945
Mar 2007967,33356.927.30$59,010
Feb 200707,76355.108.22$63,781
Jan 2007968,76650.306.73$63,796
Dec 200609,06656.656.92$62,723
Nov 2006969,18254.207.62$75,147
Oct 2006011,87454.906.01$71,408
Sep 200611310,15160.085.04$57,922
Aug 2006011,20768.717.34$82,258
Jul 200611711,64869.376.34$81,997
Jun 200611812,83266.286.38$89,739
May 200611911,63066.016.42$82,578
Apr 200611910,88564.397.36$87,781
Mar 200611711,77556.707.08$90,035
Feb 20061178,68357.597.75$74,041
Jan 200611910,46660.598.93$100,706
Dec 200512310,97154.9413.42$153,938
Nov 200512312,58454.6910.59$139,971
Oct 200518211,83758.3413.80$173,918
Sep 200513212,44161.4512.08$158,386
Aug 200513013,12661.519.80$136,590
Jul 200513213,94255.697.84$116,707
Jun 200512613,77952.337.38$108,297
May 200513014,73845.226.65$103,903
Apr 200526014,96549.207.36$122,942
Mar 200512417,18850.377.15$129,224
Feb 200512014,78545.226.31$98,748
Jan 200521817,96443.166.32$122,981
Dec 2004017,56339.866.75$118,569
Nov 200421918,80645.286.33$128,966
Oct 200420821,43049.706.52$149,956
Sep 200420621,77043.245.28$123,938
Aug 20049823,88042.375.55$136,702
Jul 200418425,45038.286.08$161,886
Jun 200417025,74636.106.43$171,762
May 200415928,53437.486.49$191,276
Apr 200424029,74134.475.86$182,509
Mar 20047032,61934.365.53$182,793
Feb 200430033,85232.455.51$196,247
Jan 20047838,65132.036.30$245,986
Dec 20035242,34730.266.30$268,429
Nov 200316844,06428.804.60$207,320
Oct 200327550,59028.174.76$248,537
Sep 200355059,97026.314.75$299,290
Aug 200356969,63829.765.13$374,157
Jul 200366475,66829.415.17$410,795
Jun 200363089,56128.565.98$553,833
May 20031,312115,04726.595.97$722,025
Apr 20031,501154,70326.675.41$876,554
Mar 20032,469208,46731.146.10$1,347,708
Feb 20032,906345,03633.487.93$2,832,007
Jan 20030030.315.58$0

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.

Oct 2015 — as filed, then multipliedworked
Condensate           230 bbl  × $ 43.55 =    $10,017
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                  $10,017

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/194577 is the state's own key, not one this site invented.