SOUTHWEST TEXAS CORP.

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

Gas lease lease 208681District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Mar 2005 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
255
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2004-10-22
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 2005-10-25.

The Commission's schedule remark for this field reads: TO 8370'.

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 Gas112007-02-08171723
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
CondensateDisposition8,061 bbl$530,179
GasProduction246,780 Mcf$1,532,124
Total$2,062,303

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 26.7831, -98.8990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78306, -98.89903 · 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
9,500 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 9,500 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-427338041 A9,500 ftMar 2005

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 (255)

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

255 months

May 2026131,915106.413.05$7,216
Apr 2026223798.932.87$878
Mar 2026429689.753.15$1,291
Feb 2026014963.503.75$559
Jan 2026433959.138.00$2,948
Dec 2025439456.664.41$1,966
Nov 202519458.593.93$428
Oct 202502859.383.30$93
Sep 20250062.743.08$0
Aug 20253063.933.01$192
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025314767.704.27$831
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 202402884.451.66$46
Mar 2024438480.301.55$915
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230371.262.61$8
Nov 2023034977.892.81$980
Oct 20230085.443.09$0
Sep 202301189.042.74$30
Aug 2023113380.522.67$436
Jul 2023022874.852.64$602
Jun 20232068.962.26$138
May 2023012070.622.23$267
Apr 2023432878.122.24$1,046
Mar 2023218172.852.39$579
Feb 2023014275.112.47$350
Jan 2023421276.533.39$1,024
Dec 2022318676.415.73$1,295
Nov 2022339885.005.65$2,502
Oct 202206887.185.86$399
Sep 2022317484.888.16$1,675
Aug 2022024994.529.13$2,273
Jul 20221202101.587.54$1,625
Jun 20226481115.097.98$4,528
May 2022172109.378.43$717
Apr 20221178104.226.84$1,321
Mar 20223231108.885.08$1,499
Feb 2022746991.054.86$2,916
Jan 202202481.844.54$109
Dec 2021215471.323.90$743
Nov 2021226777.435.24$1,553
Oct 2021215479.795.71$1,040
Sep 2021753169.865.35$3,330
Aug 20210066.024.22$0
Jul 202102570.783.98$100
Jun 2021113469.493.38$522
May 2021218163.483.02$673
Apr 2021425560.362.76$945
Mar 2021227461.302.72$867
Feb 2021429157.805.55$1,846
Jan 2021325750.412.81$873
Dec 2020325444.642.68$813
Nov 2020535838.772.71$1,163
Oct 2020212636.972.48$386
Sep 2020123337.091.99$501
Aug 2020636139.982.39$1,101
Jul 2020644038.371.83$1,033
Jun 2020320234.901.69$446
May 2020428816.921.81$590
Apr 2020535614.751.80$716
Mar 2020741430.341.86$981
Feb 2020633249.881.98$957
Jan 2020319957.252.09$589
Dec 2019332159.012.30$917
Nov 2019340155.302.75$1,269
Oct 2019343653.472.42$1,215
Sep 2019346655.052.66$1,403
Aug 2019547153.112.30$1,351
Jul 2019350456.272.46$1,409
Jun 2019546652.782.49$1,425
May 2019549058.482.74$1,635
Apr 2019545962.632.75$1,576
Mar 2019743356.803.06$1,723
Feb 2019434250.852.79$1,158
Jan 2019638346.033.23$1,513
Dec 2018536346.594.19$1,752
Nov 2018437752.934.24$1,809
Oct 2018642861.443.40$1,823
Sep 2018249259.543.11$1,648
Aug 2018643959.403.07$1,703
Jul 2018550565.142.93$1,806
Jun 2018851660.183.08$2,069
May 2018756065.382.90$2,082
Apr 2018754063.842.90$2,013
Mar 2018555961.222.79$1,864
Feb 20181052261.782.77$2,062
Jan 2018855362.874.01$2,720
Dec 2017753057.272.92$1,949
Nov 2017750755.423.12$1,969
Oct 20171059849.292.98$2,277
Sep 2017448747.523.09$1,694
Aug 2017761445.373.00$2,162
Jul 2017956443.873.09$2,136
Jun 2017649642.493.09$1,786
May 2017754245.373.26$2,086
Apr 20171148847.933.21$2,094
Mar 2017656846.772.98$1,975
Feb 20171253350.452.95$2,179
Jan 2017960349.413.42$2,506
Dec 20161364548.763.72$3,035
Nov 2016562042.492.64$1,852
Oct 2016757546.193.09$2,100
Sep 2016753841.553.10$1,959
Aug 20161058741.442.92$2,131
Jul 2016863441.622.92$2,187
Jun 2016663245.352.69$1,970
May 20161165942.521.99$1,780
Apr 2016865836.561.99$1,603
Mar 20161670433.011.79$1,791
Feb 2016864126.472.06$1,535
Jan 20161469927.352.36$2,036
Dec 20151176432.362.00$1,885
Nov 20151277138.792.17$2,136
Oct 2015767243.552.43$1,936
Sep 2015976242.992.76$2,489
Aug 20151266440.162.87$2,389
Jul 20151071848.152.95$2,596
Jun 2015765556.152.88$2,281
May 20151167955.212.96$2,614
Apr 2015767249.822.71$2,168
Mar 20151369342.892.93$2,591
Feb 20151260744.662.98$2,342
Jan 2015960943.433.10$2,279
Dec 2014969954.693.59$3,003
Nov 20141265570.464.25$3,630
Oct 20141072378.303.90$3,603
Sep 20141270986.164.05$3,902
Aug 2014861689.394.04$3,201
Jul 20141265996.564.18$3,913
Jun 20141057798.164.74$3,715
May 2014876794.734.73$4,383
Apr 2014877595.944.81$4,495
Mar 2014536795.895.06$2,335
Feb 2014323297.406.19$1,729
Jan 2014527790.404.86$1,798
Dec 2013330091.824.35$1,582
Nov 2013328988.853.74$1,347
Oct 2013328597.423.78$1,369
Sep 20132301104.113.72$1,327
Aug 20134322104.253.52$1,551
Jul 20135355102.523.72$1,832
Jun 2013335794.403.93$1,687
May 2013333494.834.15$1,670
Apr 2013328593.964.28$1,502
Mar 2013641493.623.91$2,182
Feb 2013446491.233.42$1,952
Jan 2013533891.603.42$1,614
Dec 2012636486.773.42$1,766
Nov 2012828086.953.62$1,711
Oct 20122266389.383.40$4,220
Sep 20123061694.672.92$4,638
Aug 20121997292.662.91$4,587
Jul 20121130385.133.02$1,852
Jun 2012952479.822.52$2,038
May 2012981591.612.49$2,852
Apr 20128339101.652.00$1,490
Mar 201227743105.052.22$4,487
Feb 2012151,099101.102.57$4,341
Jan 20121752098.092.73$3,089
Dec 20111341896.873.24$2,614
Nov 20111852195.723.31$3,448
Oct 20113285684.983.65$5,843
Sep 20112785383.623.99$5,658
Aug 20112584283.404.15$5,579
Jul 2011341,00294.144.52$7,727
Jun 20114565692.904.64$7,224
May 2011401,11898.134.40$8,850
Apr 201131769105.964.33$6,617
Mar 20114793596.364.06$8,323
Feb 20112569085.644.18$5,025
Jan 2011531,03786.504.59$9,343
Dec 2010501,11585.734.35$9,134
Nov 20102479980.843.80$4,973
Oct 2010311,14778.103.51$6,446
Sep 20102570172.633.98$4,605
Aug 20102596673.684.42$6,111
Jul 20102699872.554.74$6,613
Jun 20101896870.364.91$6,020
May 20102585671.124.24$5,403
Apr 2010781,07081.694.12$10,783
Mar 2010491,18178.394.39$9,024
Feb 20104063273.585.44$6,383
Jan 20106499974.365.96$10,717
Dec 2009641,08471.445.48$10,517
Nov 2009371,11274.593.75$6,932
Oct 20092301,23472.544.11$21,756
Sep 200914254965.543.06$10,989
Aug 20094631,30467.423.22$35,412
Jul 20095051,23261.133.46$35,139
Jun 20093291,21166.163.90$26,483
May 20093741,48254.743.93$26,291
Apr 20092681,48446.773.59$17,858
Mar 2009291,46942.144.06$7,185
Feb 2009231,44032.814.63$7,426
Jan 2009341,60035.865.37$9,813
Dec 2008291,59337.105.98$10,597
Nov 2008221,48655.496.86$11,415
Oct 2008421,36275.246.92$12,588
Sep 2008591,526101.767.88$18,024
Aug 2008571,491114.228.48$19,159
Jul 2008631,971131.0811.39$30,707
Jun 2008521,602131.3313.03$27,707
May 2008461,663123.1711.57$24,914
Apr 2008401,936110.3110.45$24,653
Mar 2008462,239101.909.66$26,325
Feb 2008412,08692.538.77$22,089
Jan 20082180690.388.21$8,512
Dec 20072798488.337.30$9,570
Nov 2007311,33691.677.29$12,583
Oct 2007312,23882.856.92$18,060
Sep 2007402,50575.846.24$18,675
Aug 2007382,72369.066.39$20,019
Jul 2007542,77870.906.39$21,574
Jun 2007482,48362.007.55$21,719
May 2007713,60058.747.85$32,417
Apr 2007761,15559.617.81$13,545
Mar 20071001,57156.927.30$17,163
Feb 20071052,21455.108.22$23,976
Jan 20071222,19350.306.73$20,889
Dec 2006952,13256.656.92$20,132
Nov 20061412,68954.207.62$28,126
Oct 2006912,09954.906.01$17,619
Sep 2006782,02360.085.04$14,877
Aug 2006952,61568.717.34$25,721
Jul 20061013,11169.376.34$26,739
Jun 20061243,45266.286.38$30,256
May 20061203,63266.016.42$31,257
Apr 20061163,21164.397.36$31,104
Mar 20061083,24756.707.08$29,122
Feb 2006782,14657.597.75$21,126
Jan 20061033,03060.598.93$33,309
Dec 20051403,92354.9413.42$60,320
Nov 20051394,18154.6910.59$51,872
Oct 2005513,59958.3413.80$52,626
Sep 2005533,13361.4512.08$41,100
Aug 2005785,52561.519.80$58,925
Jul 2005765,38555.697.84$46,470
Jun 2005845,70652.337.38$46,512
May 20051166,51445.226.65$48,571
Apr 20051727,00449.207.36$60,015
Mar 200535920,26450.377.15$163,069

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            13 bbl  × $106.41 =     $1,383
Gas                1,915 Mcf  × $  3.05 =     $5,833

────────────────────────────────────────────────────
Month total                                   $7,216

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/208681 is the state's own key, not one this site invented.