PALMYRA

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

Gas lease lease 210588District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
May 2005 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
253
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 311 leases and 311 wells, and the rule below applies to all of them.

Discovered
2005-07-11
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 20 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: THERE IS NO BETWEEN WELL SPACING. NO P-15 AND PLATS REQUIRED.

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 Gas112005-10-26165719
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
CondensateDisposition24 bbl$919
GasProduction963,755 Mcf$6,719,551
Total$6,720,470

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 26.6763, -99.1201. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67631, -99.12010 · 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
12,500 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 12,500 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-505352031112,500 ftMay 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 (253)

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

253 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026031559.138.00$2,519
Dec 2025037556.664.41$1,655
Nov 2025081058.593.93$3,180
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 2023013989.042.74$380
Aug 2023059680.522.67$1,593
Jul 2023073674.852.64$1,944
Jun 2023086068.962.26$1,942
May 2023087070.622.23$1,938
Apr 2023093178.122.24$2,083
Mar 2023090372.852.39$2,161
Feb 2023081175.112.47$2,000
Jan 2023077476.533.39$2,622
Dec 2022097576.415.73$5,586
Nov 2022085085.005.65$4,799
Oct 2022081087.185.86$4,750
Sep 2022090984.888.16$7,421
Aug 2022091594.529.13$8,351
Jul 202201,151101.587.54$8,681
Jun 20220964115.097.98$7,690
May 20220971109.378.43$8,188
Apr 20220987104.226.84$6,749
Mar 20220880108.885.08$4,467
Feb 2022083591.054.86$4,057
Jan 2022083681.844.54$3,794
Dec 2021099671.323.90$3,884
Nov 2021099977.435.24$5,232
Oct 202101,03879.795.71$5,931
Sep 202101,07169.865.35$5,731
Aug 202101,01766.024.22$4,292
Jul 202101,11370.783.98$4,432
Jun 202101,04769.493.38$3,540
May 2021096963.483.02$2,924
Apr 2021087860.362.76$2,422
Mar 2021097261.302.72$2,641
Feb 2021086757.805.55$4,810
Jan 2021083750.412.81$2,352
Dec 20201180744.642.68$2,650
Nov 202001,28238.772.71$3,470
Oct 202051,21036.972.48$3,184
Sep 202001,22537.091.99$2,439
Aug 202001,23039.982.39$2,934
Jul 202001,14338.371.83$2,086
Jun 202001,23134.901.69$2,081
May 202001,10716.921.81$2,009
Apr 202001,12914.751.80$2,037
Mar 202081,09030.341.86$2,266
Feb 202001,22849.881.98$2,432
Jan 202001,31357.252.09$2,750
Dec 201901,13459.012.30$2,613
Nov 2019095155.302.75$2,616
Oct 201901,12053.472.42$2,709
Sep 201901,20655.052.66$3,205
Aug 201901,07053.112.30$2,466
Jul 201901,10756.272.46$2,723
Jun 2019092252.782.49$2,297
May 2019093858.482.74$2,570
Apr 201901,06862.632.75$2,938
Mar 201901,27656.803.06$3,907
Feb 201901,08250.852.79$3,021
Jan 201901,08346.033.23$3,496
Dec 201801,13046.594.19$4,730
Nov 201801,06852.934.24$4,525
Oct 201801,09661.443.40$3,724
Sep 201801,09459.543.11$3,400
Aug 201801,04459.403.07$3,201
Jul 201801,03865.142.93$3,043
Jun 201801,14460.183.08$3,520
May 201801,20165.382.90$3,484
Apr 201801,22263.842.90$3,545
Mar 201801,22061.222.79$3,400
Feb 201801,07661.782.77$2,976
Jan 201801,28162.874.01$5,136
Dec 201701,12257.272.92$3,278
Nov 201701,00455.423.12$3,131
Oct 201701,08149.292.98$3,225
Sep 201701,15747.523.09$3,572
Aug 201701,32745.373.00$3,987
Jul 201701,23543.873.09$3,813
Jun 201701,24642.493.09$3,847
May 201701,44945.373.26$4,729
Apr 201701,42547.933.21$4,577
Mar 201701,21346.772.98$3,619
Feb 201701,11650.452.95$3,295
Jan 201701,17149.413.42$4,003
Dec 201601,18948.763.72$4,426
Nov 201601,25042.492.64$3,305
Oct 201601,31546.193.09$4,064
Sep 201601,19141.553.10$3,693
Aug 201601,23141.442.92$3,600
Jul 2016087941.622.92$2,570
Jun 2016067845.352.69$1,821
May 2016075642.521.99$1,505
Apr 2016086336.561.99$1,718
Mar 2016087533.011.79$1,570
Feb 2016078926.472.06$1,628
Jan 201601,32527.352.36$3,133
Dec 201501,65732.362.00$3,316
Nov 201501,59938.792.17$3,466
Oct 201501,63243.552.43$3,960
Sep 201501,44942.992.76$3,997
Aug 201501,58840.162.87$4,562
Jul 201501,25748.152.95$3,702
Jun 201501,81456.152.88$5,230
May 201502,37355.212.96$7,013
Apr 201502,14549.822.71$5,806
Mar 2015090042.892.93$2,641
Feb 2015039844.662.98$1,185
Jan 2015078843.433.10$2,443
Dec 2014076154.693.59$2,733
Nov 2014078770.464.25$3,346
Oct 2014079178.303.90$3,086
Sep 2014083486.164.05$3,374
Aug 2014084089.394.04$3,390
Jul 2014088096.564.18$3,678
Jun 2014035198.164.74$1,663
May 2014085494.734.73$4,036
Apr 2014079995.944.81$3,842
Mar 2014078795.895.06$3,980
Feb 2014083997.406.19$5,195
Jan 2014096990.404.86$4,710
Dec 201301,83091.824.35$7,969
Nov 201301,78088.853.74$6,654
Oct 201301,07497.423.78$4,059
Sep 20130790104.113.72$2,937
Aug 201302,157104.253.52$7,598
Jul 201302,361102.523.72$8,778
Jun 201301,96594.403.93$7,729
May 201302,59794.834.15$10,775
Apr 201301,57893.964.28$6,758
Mar 201302,14993.623.91$8,409
Feb 201301,58791.233.42$5,427
Jan 201301,67191.603.42$5,715
Dec 201201,42886.773.42$4,884
Nov 201201,72786.953.62$6,260
Oct 201201,66589.383.40$5,660
Sep 201201,29894.672.92$3,788
Aug 201201,09692.662.91$3,187
Jul 201201,61485.133.02$4,876
Jun 201201,96279.822.52$4,942
May 201202,06591.612.49$5,138
Apr 201201,634101.652.00$3,263
Mar 201201,789105.052.22$3,975
Feb 201201,535101.102.57$3,945
Jan 201202,01098.092.73$5,496
Dec 201101,86496.873.24$6,039
Nov 201101,69595.723.31$5,613
Oct 201101,62984.983.65$5,943
Sep 201101,70083.623.99$6,776
Aug 201101,19083.404.15$4,938
Jul 201101,62394.144.52$7,331
Jun 201101,06692.904.64$4,946
May 2011096198.134.40$4,233
Apr 201101,800105.964.33$7,800
Mar 201102,10496.364.06$8,537
Feb 201103,57885.644.18$14,956
Jan 201103,20086.504.59$14,684
Dec 201004,19385.734.35$18,230
Nov 201003,58280.843.80$13,595
Oct 201003,80078.103.51$13,334
Sep 201003,70672.633.98$14,748
Aug 201004,15773.684.42$18,371
Jul 201004,53172.554.74$21,461
Jun 201004,43470.364.91$21,773
May 201004,30671.124.24$18,237
Apr 201004,28081.694.12$17,645
Mar 201004,99578.394.39$21,921
Feb 201004,95873.585.44$26,983
Jan 201005,18574.365.96$30,924
Dec 200905,64371.445.48$30,945
Nov 200905,34974.593.75$20,067
Oct 200905,82372.544.11$23,934
Sep 200906,02465.543.06$18,462
Aug 200906,02467.423.22$19,388
Jul 200906,36561.133.46$22,052
Jun 200904,67366.163.90$18,201
May 200907,12954.743.93$27,987
Apr 200905,34446.773.59$19,172
Mar 200905,74642.144.06$23,323
Feb 200904,45632.814.63$20,645
Jan 200906,26535.865.37$33,649
Dec 200806,40837.105.98$38,302
Nov 200806,08455.496.86$41,738
Oct 200807,41175.246.92$51,299
Sep 200806,370101.767.88$50,177
Aug 200806,795114.228.48$57,642
Jul 200808,033131.0811.39$91,491
Jun 200807,939131.3313.03$103,466
May 200809,037123.1711.57$104,597
Apr 200809,434110.3110.45$98,631
Mar 2008010,084101.909.66$97,452
Feb 200809,35792.538.77$82,066
Jan 200809,58790.388.21$78,668
Dec 2007010,19288.337.30$74,422
Nov 2007010,02091.677.29$73,063
Oct 2007011,37682.856.92$78,744
Sep 2007010,76275.846.24$67,200
Aug 2007011,48069.066.39$73,334
Jul 2007011,28470.906.39$72,082
Jun 2007011,07762.007.55$83,614
May 2007010,93258.747.85$85,776
Apr 2007010,27959.617.81$80,230
Mar 2007010,93256.927.30$79,825
Feb 2007010,90555.108.22$89,595
Jan 2007013,75850.306.73$92,548
Dec 2006014,02156.656.92$97,003
Nov 2006013,33154.207.62$101,549
Oct 2006014,46454.906.01$86,984
Sep 2006013,65460.085.04$68,778
Aug 2006013,96968.717.34$102,531
Jul 2006015,53769.376.34$98,547
Jun 2006015,85666.286.38$101,223
May 2006014,79266.016.42$95,039
Apr 2006016,82164.397.36$123,811
Mar 2006019,49656.707.08$138,089
Feb 2006016,97457.597.75$131,568
Jan 2006022,56260.598.93$201,554
Dec 2005024,25454.9413.42$325,377
Nov 2005024,91254.6910.59$263,778
Oct 2005028,00358.3413.80$386,323
Sep 2005029,93861.4512.08$361,621
Aug 2005032,41361.519.80$317,545
Jul 2005044,41855.697.84$348,399
Jun 2005044,22252.337.38$326,404
May 200504,29045.226.65$28,533

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  315 Mcf  × $  8.00 =     $2,519

────────────────────────────────────────────────────
Month total                                   $2,519

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/210588 is the state's own key, not one this site invented.