MARSHALL-STATE

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

Gas lease lease 199123District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.4 M
Jan 2004 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
269
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1983-10-25
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 40 acres. The field rule took effect on 2006-08-08.

The Commission's schedule remark for this field reads: PER DOCKET #04-0260608 TAKE POINTS ADDED FOR HORIZONTAL WELLS.

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 Gas112005-06-17162056
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
CondensateDisposition7,312 bbl$325,677
GasProduction3,438,537 Mcf$22,099,289
Total$22,424,966

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 27.5490, -98.8922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54904, -98.89221 · 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
12,400 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 12,400 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-47938570112,400 ftSep 2010

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 (269)

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

269 months

May 20260389106.413.05$1,185
Apr 2026046798.932.87$1,340
Mar 2026041289.753.15$1,298
Feb 2026026463.503.75$990
Jan 2026027659.138.00$2,207
Dec 2025017556.664.41$772
Nov 2025022158.593.93$868
Oct 2025019859.383.30$654
Sep 2025016962.743.08$520
Aug 2025026863.933.01$808
Jul 2025024466.743.32$809
Jun 2025010166.483.13$316
May 2025016360.553.23$527
Apr 2025013262.363.54$468
Mar 202508167.704.27$346
Feb 20250970.884.34$39
Jan 202512074.324.28$892
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202407775.632.06$159
Jul 202401,07379.932.15$2,303
Jun 202402,13878.082.63$5,631
May 202402,07678.812.20$4,564
Apr 202403,16884.451.66$5,256
Mar 2024014880.301.55$229
Feb 202401,79176.091.78$3,195
Jan 202401,79173.023.30$5,906
Dec 202301,83071.262.61$4,778
Nov 20230077.892.81$0
Oct 202302,09285.443.09$6,459
Sep 202301,64289.042.74$4,491
Aug 202301,92480.522.67$5,143
Jul 202302,68774.852.64$7,099
Jun 202302,65368.962.26$5,992
May 202303,04470.622.23$6,780
Apr 202303,07478.122.24$6,879
Mar 202303,21372.852.39$7,689
Feb 202302,96875.112.47$7,318
Jan 202302,73276.533.39$9,255
Dec 2022431,56176.415.73$12,229
Nov 202201,23885.005.65$6,990
Oct 202201,67387.185.86$9,810
Sep 202201,63684.888.16$13,356
Aug 202201,79294.529.13$16,356
Jul 202201,863101.587.54$14,051
Jun 202202,143115.097.98$17,095
May 202202,162109.378.43$18,232
Apr 202202,264104.226.84$15,480
Mar 202202,035108.885.08$10,330
Feb 202201,42491.054.86$6,919
Jan 202202,21781.844.54$10,060
Dec 202103,20571.323.90$12,497
Nov 202101,78577.435.24$9,348
Oct 202101,86279.795.71$10,639
Sep 202101,76769.865.35$9,455
Aug 202101,96966.024.22$8,310
Jul 202101,61070.783.98$6,411
Jun 202101,70469.493.38$5,761
May 202101,98263.483.02$5,981
Apr 202101,75860.362.76$4,849
Mar 202101,76861.302.72$4,804
Feb 2021080157.805.55$4,444
Jan 202101,00250.412.81$2,816
Dec 202071,27144.642.68$3,713
Nov 202001,12438.772.71$3,042
Oct 202001,55136.972.48$3,844
Sep 202001,08537.091.99$2,160
Aug 202001,01039.982.39$2,409
Jul 202001,22838.371.83$2,241
Jun 202001,13334.901.69$1,915
May 202001,20816.921.81$2,192
Apr 202001,00414.751.80$1,812
Mar 2020301,21230.341.86$3,160
Feb 202001,21449.881.98$2,405
Jan 202001,15857.252.09$2,426
Dec 201901,15659.012.30$2,664
Nov 201901,60855.302.75$4,423
Oct 201901,87853.472.42$4,542
Sep 201901,87255.052.66$4,974
Aug 201902,35953.112.30$5,436
Jul 201902,02456.272.46$4,979
Jun 201901,24852.782.49$3,109
May 201901,31758.482.74$3,609
Apr 201901,29762.632.75$3,568
Mar 201901,03956.803.06$3,182
Feb 201901,66250.852.79$4,641
Jan 201901,38846.033.23$4,481
Dec 2018093746.594.19$3,922
Nov 2018058052.934.24$2,458
Oct 201801,64161.443.40$5,576
Sep 201801,92659.543.11$5,986
Aug 201802,24159.403.07$6,872
Jul 2018382,12665.142.93$8,709
Jun 201802,61660.183.08$8,049
May 201802,89865.382.90$8,407
Apr 201802,56163.842.90$7,429
Mar 201802,75061.222.79$7,664
Feb 201802,39061.782.77$6,611
Jan 201802,98562.874.01$11,968
Dec 201703,04657.272.92$8,899
Nov 201702,92055.423.12$9,106
Oct 2017192,95849.292.98$9,762
Sep 2017192,50947.523.09$8,649
Aug 2017442,91145.373.00$10,742
Jul 201703,20443.873.09$9,892
Jun 201703,17742.493.09$9,808
May 201702,95045.373.26$9,627
Apr 201703,25447.933.21$10,451
Mar 201703,79246.772.98$11,314
Feb 201703,17250.452.95$9,366
Jan 201703,93049.413.42$13,436
Dec 201604,57648.763.72$17,036
Nov 201604,80942.492.64$12,717
Oct 201604,25346.193.09$13,143
Sep 201604,83641.553.10$14,995
Aug 201604,20041.442.92$12,282
Jul 201603,53241.622.92$10,329
Jun 201603,51345.352.69$9,435
May 201603,82142.521.99$7,608
Apr 201603,90136.561.99$7,767
Mar 201604,22333.011.79$7,576
Feb 201603,29326.472.06$6,796
Jan 2016513,69927.352.36$10,141
Dec 201503,86232.362.00$7,729
Nov 201503,45838.792.17$7,495
Oct 201503,80443.552.43$9,231
Sep 201504,46342.992.76$12,311
Aug 201503,91940.162.87$11,257
Jul 201504,24448.152.95$12,499
Jun 201504,21756.152.88$12,157
May 201504,37255.212.96$12,921
Apr 2015724,89149.822.71$16,825
Mar 201503,15642.892.93$9,262
Feb 201503,24244.662.98$9,649
Jan 201505,21443.433.10$16,167
Dec 201405,98454.693.59$21,491
Nov 201404,42470.464.25$18,810
Oct 201405,36878.303.90$20,940
Sep 201404,85486.164.05$19,637
Aug 201406,15689.394.04$24,840
Jul 201407,40696.564.18$30,954
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 20131093.623.91$94
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 20113083.404.15$250
Jul 20110094.144.52$0
Jun 20113092.904.64$279
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20117085.644.18$599
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201004,73472.633.98$18,839
Aug 201005,89973.684.42$26,070
Jul 201006,10072.554.74$28,893
Jun 201006,62470.364.91$32,526
May 2010635,20571.124.24$26,525
Apr 201004,58581.694.12$18,903
Mar 201005,15178.394.39$22,606
Feb 201005,36673.585.44$29,204
Jan 201005,65574.365.96$33,727
Dec 200905,47071.445.48$29,996
Nov 200905,39574.593.75$20,239
Oct 200905,62272.544.11$23,108
Sep 200905,49365.543.06$16,835
Aug 200906,23067.423.22$20,051
Jul 200905,58661.133.46$19,353
Jun 200905,58666.163.90$21,757
May 200905,46154.743.93$21,439
Apr 2009715,59946.773.59$23,407
Mar 200905,88042.144.06$23,867
Feb 200905,98432.814.63$27,724
Jan 200907,28335.865.37$39,117
Dec 200808,84037.105.98$52,838
Nov 200807,16255.496.86$49,134
Oct 20087111,17975.246.92$82,723
Sep 2008013,414101.767.88$105,663
Aug 200807,451114.228.48$63,207
Jul 20083913,351131.0811.39$157,172
Jun 2008014,560131.3313.03$189,755
May 2008010,696123.1711.57$123,799
Apr 2008015,745110.3110.45$164,612
Mar 20085217,805101.909.66$177,368
Feb 200806,55292.538.77$57,465
Jan 20088714,65990.388.21$128,151
Dec 2007013,89088.337.30$101,424
Nov 20076912,76391.677.29$99,389
Oct 20076111,42182.856.92$84,110
Sep 2007015,12975.846.24$94,468
Aug 2007015,12869.066.39$96,637
Jul 20071517,44270.906.39$112,482
Jun 2007017,26762.007.55$130,339
May 20071618,64558.747.85$147,234
Apr 2007019,95159.617.81$155,722
Mar 2007020,03656.927.30$146,302
Feb 2007017,45055.108.22$143,369
Jan 20073218,39250.306.73$125,330
Dec 2006020,91556.656.92$144,699
Nov 20063020,89154.207.62$160,763
Oct 2006022,88354.906.01$137,614
Sep 20063223,33660.085.04$119,471
Aug 2006024,73868.717.34$181,575
Jul 20064325,03769.376.34$161,787
Jun 2006025,14766.286.38$160,535
May 20065027,36166.016.42$179,095
Apr 20065029,69364.397.36$221,774
Mar 2006031,16256.707.08$220,718
Feb 200612128,78757.597.75$230,100
Jan 2006032,62860.598.93$291,476
Dec 200515833,44154.9413.42$457,305
Nov 2005033,42954.6910.59$353,960
Oct 20057736,83958.3413.80$512,714
Sep 20057639,05161.4512.08$476,367
Aug 20057639,04361.519.80$387,173
Jul 20054647,19255.697.84$372,719
Jun 20054549,45652.337.38$367,392
May 20058652,59445.226.65$353,700
Apr 200512558,11649.207.36$433,912
Mar 20058360,24650.377.15$435,234
Feb 200514160,11945.226.31$385,842
Jan 200512472,57943.166.32$464,211
Dec 20045580,05039.866.75$542,616
Nov 200411784,60945.286.33$540,908
Oct 200410085,43249.706.52$561,568
Sep 2004168108,92743.245.28$582,824
Aug 2004466147,14342.375.55$836,485
Jul 2004890208,65838.286.08$1,303,582
Jun 2004440205,21036.106.43$1,336,004
May 2004970216,28337.486.49$1,441,023
Apr 2004686220,69234.475.86$1,316,562
Mar 2004939191,81734.365.53$1,093,039
Feb 2004193124,23732.455.51$690,762
Jan 2004097,83932.036.30$616,350

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                  389 Mcf  × $  3.05 =     $1,185

────────────────────────────────────────────────────
Month total                                   $1,185

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/199123 is the state's own key, not one this site invented.