COOPER FOUNDATION

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 209900District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.0 M
Jun 2005 – May 2026
Value, last 12 filed months
$474 k
at the published price for each month
Months reported
252
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 Gas112007-02-08171715
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
CondensateDisposition71,162 bbl$4,867,118
GasProduction4,247,531 Mcf$23,146,615
Total$28,013,733

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 26.7858, -98.9206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78575, -98.92057 · 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
Jun 2005
1 of 1 wells

1 well

42-4273382919,500 ftJun 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 (252)

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

252 months

May 20261508,117106.413.05$40,685
Apr 20261327,34398.932.87$34,131
Mar 2026010,28789.753.15$32,398
Feb 20261237,60363.503.75$36,324
Jan 20261486,31459.138.00$59,250
Dec 20251399,84656.664.41$51,330
Nov 20251318,78058.593.93$42,149
Oct 20251298,76859.383.30$36,637
Sep 20251369,54362.743.08$37,896
Aug 20251167,48363.933.01$29,975
Jul 20251457,40266.743.32$34,216
Jun 20251579,18966.483.13$39,187
May 20251578,39660.553.23$36,645
Apr 20253248,70362.363.54$51,040
Mar 202508,64267.704.27$36,887
Feb 20251678,22970.884.34$47,558
Jan 202531910,20174.324.28$67,355
Dec 20241779,61168.993.12$42,211
Nov 20241668,64069.052.20$30,457
Oct 202417710,88771.372.28$37,470
Sep 20241658,40969.612.36$31,368
Aug 20241599,65575.632.06$31,950
Jul 20241679,63979.932.15$34,039
Jun 20241699,37378.082.63$37,884
May 20241689,87878.812.20$34,956
Apr 202432710,23784.451.66$44,600
Mar 202433515,89880.301.55$51,465
Feb 2024027476.091.78$489
Jan 2024026873.023.30$884
Dec 20233306,90471.262.61$41,540
Nov 202309,35277.892.81$26,256
Oct 20232609,10785.443.09$50,330
Sep 202309,02289.042.74$24,676
Aug 202313210,29280.522.67$38,138
Jul 202307,44274.852.64$19,660
Jun 2023119068.962.26$8,206
May 202306,37270.622.23$14,193
Apr 20231197,78978.122.24$26,726
Mar 20231018,17372.852.39$26,917
Feb 20231247,83975.112.47$28,642
Jan 202308,92076.533.39$30,218
Dec 20221158,50676.415.73$57,519
Nov 20221268,21185.005.65$57,071
Oct 20221179,15987.185.86$63,906
Sep 20221228,78684.888.16$82,081
Aug 202212810,21094.529.13$105,287
Jul 2022010,505101.587.54$79,230
Jun 20222669,545115.097.98$106,756
May 202208,353109.378.43$70,441
Apr 20222067,953104.226.84$75,849
Mar 20221179,124108.885.08$59,056
Feb 20221447,93491.054.86$51,661
Jan 20221278,79581.844.54$50,303
Dec 20211019,63171.323.90$44,756
Nov 202113411,89177.435.24$72,647
Oct 20211519,03679.795.71$63,679
Sep 20211189,19369.865.35$57,434
Aug 202108,97566.024.22$37,880
Jul 20212128,62570.783.98$49,351
Jun 202107,68169.493.38$25,967
May 20211319,88363.483.02$38,140
Apr 20211289,20060.362.76$33,104
Mar 202109,32461.302.72$25,333
Feb 20212598,48757.805.55$62,056
Jan 20211157,76450.412.81$27,616
Dec 202012310,52044.642.68$33,637
Nov 202015110,59738.772.71$34,536
Oct 202015611,37836.972.48$33,967
Sep 202013011,13437.091.99$26,990
Aug 202018410,69539.982.39$32,865
Jul 20202810,78338.371.83$20,755
Jun 202017910,66334.901.69$24,271
May 202013611,51716.921.81$23,202
Apr 202025710,43914.751.80$22,627
Mar 20208810,67030.341.86$22,476
Feb 202029510,25349.881.98$35,022
Jan 202014710,49857.252.09$30,406
Dec 2019010,20459.012.30$23,514
Nov 20191109,86355.302.75$33,213
Oct 2019010,40153.472.42$25,155
Sep 201910810,85155.052.66$34,780
Aug 2019011,00453.112.30$25,357
Jul 201911811,07556.272.46$33,885
Jun 201912210,96152.782.49$33,745
May 201913911,70558.482.74$40,204
Apr 201913111,36162.632.75$39,455
Mar 201913211,87156.803.06$43,848
Feb 201912110,42650.852.79$35,265
Jan 201912111,30246.033.23$42,055
Dec 201811410,92946.594.19$51,054
Nov 201824010,98152.934.24$59,232
Oct 201812211,42361.443.40$46,312
Sep 2018011,25659.543.11$34,984
Aug 20181128,48059.403.07$32,657
Jul 201812111,11965.142.93$40,482
Jun 201811810,72660.183.08$40,104
May 201812011,20665.382.90$40,352
Apr 201809,99863.842.90$29,002
Mar 201811910,31961.222.79$36,043
Feb 20182059,37361.782.77$38,592
Jan 201811212,31262.874.01$56,404
Dec 2017013,16957.272.92$38,474
Nov 201711112,24955.423.12$44,348
Oct 201723013,91449.292.98$52,852
Sep 201710710,66747.523.09$38,017
Aug 2017013,07845.373.00$39,292
Jul 201723113,73543.873.09$52,538
Jun 201711011,20342.493.09$39,261
May 201711211,23545.373.26$41,746
Apr 201711610,43347.933.21$39,067
Mar 201710911,79446.772.98$40,287
Feb 2017010,45150.452.95$30,858
Jan 201722811,32849.413.42$49,994
Dec 201610411,18748.763.72$46,718
Nov 201611410,53342.492.64$32,697
Oct 20169110,11446.193.09$35,458
Sep 201610111,40741.553.10$39,565
Aug 2016012,93241.442.92$37,818
Jul 201622912,98741.622.92$47,509
Jun 201611612,35245.352.69$38,436
May 201611213,18142.521.99$31,006
Apr 201611714,08936.561.99$32,329
Mar 201612414,56233.011.79$30,218
Feb 201612312,91326.472.06$29,903
Jan 201623613,48627.352.36$38,340
Dec 201512313,48032.362.00$30,959
Nov 201521813,80838.792.17$38,383
Oct 201513114,54043.552.43$40,988
Sep 201511714,13042.992.76$44,006
Aug 201511415,06240.162.87$47,844
Jul 201521115,13048.152.95$54,719
Jun 201511916,13956.152.88$53,208
May 201517811,48255.212.96$43,762
Apr 201510613,55549.822.71$41,968
Mar 201532414,28542.892.93$55,819
Feb 201517912,70344.662.98$45,801
Jan 201530914,06443.433.10$57,027
Dec 201411916,32854.693.59$65,148
Nov 201415715,10170.464.25$75,269
Oct 201419515,70178.303.90$76,517
Sep 201411416,57586.164.05$76,875
Aug 201425416,16589.394.04$87,933
Jul 201410811,15796.564.18$57,060
Jun 201426613,96298.164.74$92,247
May 201426116,30494.734.73$101,786
Apr 201413016,59695.944.81$92,284
Mar 201438116,03695.895.06$117,625
Feb 201425814,33597.406.19$113,892
Jan 201440415,71990.404.86$112,927
Dec 201329116,30291.824.35$97,706
Nov 201314614,98088.853.74$68,972
Oct 201328216,47197.423.78$89,722
Sep 201327516,153104.113.72$88,683
Aug 201328616,798104.253.52$88,988
Jul 201326516,007102.523.72$86,678
Jun 201314116,06594.403.93$76,501
May 201328917,28294.834.15$99,110
Apr 201327316,22393.964.28$95,128
Mar 201327917,85293.623.91$95,973
Feb 201340517,41091.233.42$96,489
Jan 201328118,27391.603.42$88,232
Dec 201238019,22386.773.42$98,718
Nov 201227814,70886.953.62$77,488
Oct 201229416,02289.383.40$80,747
Sep 20127814,12394.672.92$48,601
Aug 201246115,74092.662.91$88,491
Jul 201211215,32685.133.02$55,831
Jun 201219315,53379.822.52$54,534
May 201233016,86191.612.49$72,187
Apr 201215111,326101.652.00$37,965
Mar 201230115,190105.052.22$65,373
Feb 201244814,520101.102.57$82,613
Jan 201244414,58998.092.73$83,439
Dec 201114913,99596.873.24$59,774
Nov 201143515,32595.723.31$92,384
Oct 201121515,59684.983.65$75,173
Sep 201127814,91583.623.99$82,695
Aug 201120116,04783.404.15$83,348
Jul 201123516,90494.144.52$98,482
Jun 201126714,66592.904.64$92,848
May 201121016,00698.134.40$91,111
Apr 201130015,377105.964.33$98,421
Mar 201119716,53396.364.06$86,063
Feb 201120715,55185.644.18$82,730
Jan 201140418,80486.504.59$121,233
Dec 201020117,80285.734.35$94,630
Nov 201015517,24880.843.80$77,992
Oct 20102817,63278.103.51$64,056
Sep 20106915,73572.633.98$67,628
Aug 20108514,66373.684.42$71,064
Jul 201010516,48272.554.74$85,685
Jun 20103516,58470.364.91$83,897
May 201033815,17071.124.24$88,287
Apr 201026517,82181.694.12$95,118
Mar 201064918,25178.394.39$130,973
Feb 201026516,84973.585.44$111,197
Jan 201026218,45474.365.96$129,544
Dec 200937018,95471.445.48$130,372
Nov 200931918,50374.593.75$93,208
Oct 200910421,82872.544.11$97,263
Sep 2009014,05065.543.06$43,060
Aug 2009019,31567.423.22$62,165
Jul 2009018,21961.133.46$63,120
Jun 2009017,46966.163.90$68,042
May 2009020,40254.743.93$80,093
Apr 20096720,21646.773.59$75,658
Mar 200916219,82542.144.06$87,296
Feb 200920419,56932.814.63$97,356
Jan 200923421,99935.865.37$126,548
Dec 200823222,41437.105.98$142,579
Nov 200811721,20255.496.86$151,946
Oct 200845721,82375.246.92$185,443
Sep 200854421,327101.767.88$223,352
Aug 200848523,902114.228.48$258,158
Jul 200846423,075131.0811.39$323,632
Jun 200836723,081131.3313.03$349,004
May 200827623,625123.1711.57$307,438
Apr 200823222,733110.3110.45$263,262
Mar 20087325,925101.909.66$257,980
Feb 200817623,98992.538.77$226,683
Jan 200815722,32890.388.21$197,407
Dec 200718124,33588.337.30$193,681
Nov 200749230,82291.677.29$269,846
Oct 200739130,92582.856.92$246,457
Sep 200757127,74475.846.24$216,543
Aug 200746229,18669.066.39$218,344
Jul 200763528,62670.906.39$227,883
Jun 200750629,56062.007.55$254,504
May 200772429,54558.747.85$274,346
Apr 200739928,28259.617.81$244,531
Mar 200769028,13456.927.30$244,708
Feb 200763527,19955.108.22$258,455
Jan 200765532,13750.306.73$249,127
Dec 200649534,69956.656.92$268,105
Nov 200668133,53254.207.62$292,340
Oct 200656937,19954.906.01$254,945
Sep 200649737,27260.085.04$217,606
Aug 200656040,53668.717.34$336,009
Jul 200661044,49069.376.34$324,505
Jun 200667445,26766.286.38$333,652
May 200674540,70066.016.42$310,675
Apr 200680041,49664.397.36$356,942
Mar 20061,56749,01656.707.08$436,025
Feb 20061,71742,55757.597.75$428,746
Jan 20062,29750,87860.598.93$593,685
Dec 20051,67955,14854.9413.42$832,077
Nov 20051,34358,79254.6910.59$695,962
Oct 20052,09764,29658.3413.80$1,009,351
Sep 20052,61368,91561.4512.08$992,993
Aug 20052,29474,26761.519.80$868,686
Jul 20052,35590,30155.697.84$839,438
Jun 20053,509121,26952.337.38$1,078,717

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           150 bbl  × $106.41 =    $15,962
Gas                8,117 Mcf  × $  3.05 =    $24,723

────────────────────────────────────────────────────
Month total                                  $40,685

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/209900 is the state's own key, not one this site invented.