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 212176District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.0 M
Aug 2005 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
250
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 Gas112007-02-08171714
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
CondensateDisposition88,565 bbl$5,526,623
GasProduction3,214,072 Mcf$25,445,657
Total$30,972,279

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 26.7908, -98.9207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79078, -98.92068 · 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
Aug 2005
1 of 1 wells

1 well

42-2473231629,500 ftAug 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 (250)

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

250 months

May 202615857106.413.05$4,206
Apr 20261269098.932.87$3,167
Mar 202601,23989.753.15$3,902
Feb 2026161,00863.503.75$4,796
Jan 2026520159.138.00$1,903
Dec 20251176056.664.41$3,977
Nov 20251493458.593.93$4,488
Oct 20251493259.383.30$3,911
Sep 2025272,02462.743.08$7,922
Aug 2025382,45363.933.01$9,825
Jul 2025927866.743.32$1,522
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 20251755474.324.28$3,634
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 2024417980.301.55$598
Feb 202407976.091.78$141
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023020789.042.74$566
Aug 2023251,95680.522.67$7,241
Jul 202301,18474.852.64$3,128
Jun 20230068.962.26$0
May 202301,40370.622.23$3,125
Apr 2023241,54178.122.24$5,323
Mar 2023221,81472.852.39$5,944
Feb 2023191,17175.112.47$4,314
Jan 202301,06576.533.39$3,608
Dec 2022161,17076.415.73$7,926
Nov 2022318385.005.65$1,288
Oct 2022751787.185.86$3,642
Sep 2022748484.888.16$4,545
Aug 2022201,59194.529.13$16,412
Jul 202201,340101.587.54$10,106
Jun 2022331,196115.097.98$13,339
May 202201,501109.378.43$12,658
Apr 2022381,445104.226.84$13,841
Mar 2022211,610108.885.08$10,459
Feb 20221370591.054.86$4,609
Jan 2022221,50681.844.54$8,634
Dec 2021161,57671.323.90$7,286
Nov 2021171,49977.435.24$9,166
Oct 20211694679.795.71$6,682
Sep 2021191,46469.865.35$9,161
Aug 202101,76466.024.22$7,445
Jul 2021461,88470.783.98$10,758
Jun 202101,65569.493.38$5,595
May 2021241,78363.483.02$6,904
Apr 2021231,66260.362.76$5,973
Mar 202101,27761.302.72$3,470
Feb 2021401,31157.805.55$9,585
Jan 2021201,33250.412.81$4,751
Dec 2020191,64644.642.68$5,252
Nov 2020241,70838.772.71$5,553
Oct 2020221,60736.972.48$4,796
Sep 2020171,49837.091.99$3,613
Aug 2020362,07439.982.39$6,386
Jul 202051,86038.371.83$3,587
Jun 2020291,74634.901.69$3,963
May 2020252,12116.921.81$4,272
Apr 2020371,51514.751.80$3,279
Mar 2020101,19430.341.86$2,520
Feb 2020471,58749.881.98$5,488
Jan 2020302,11557.252.09$6,148
Dec 201902,02059.012.30$4,655
Nov 2019262,36255.302.75$7,935
Oct 201902,98853.472.42$7,227
Sep 2019333,27155.052.66$10,509
Aug 201903,27253.112.30$7,540
Jul 2019373,48556.272.46$10,655
Jun 2019191,70552.782.49$5,250
May 2019151,30258.482.74$4,445
Apr 2019161,42462.632.75$4,919
Mar 2019191,67556.803.06$6,208
Feb 2019242,03450.852.79$6,900
Jan 2019292,73446.033.23$10,161
Dec 2018323,04546.594.19$14,236
Nov 2018472,16352.934.24$11,653
Oct 2018252,34261.443.40$9,494
Sep 201802,28759.543.11$7,108
Aug 2018201,54759.403.07$5,932
Jul 2018232,14665.142.93$7,790
Jun 2018252,24160.183.08$8,400
May 2018312,91065.382.90$10,468
Apr 201802,39163.842.90$6,936
Mar 2018272,70661.222.79$9,194
Feb 2018532,52661.782.77$10,262
Jan 2018262,83462.874.01$12,997
Dec 201702,29957.272.92$6,717
Nov 2017232,56755.423.12$9,279
Oct 2017533,26849.292.98$12,363
Sep 2017302,98747.523.09$10,647
Aug 201704,12145.373.00$12,381
Jul 2017654,44743.873.09$16,581
Jun 2017413,58242.493.09$12,801
May 2017363,62445.373.26$13,460
Apr 2017363,26947.933.21$12,224
Mar 2017394,19446.772.98$14,338
Feb 201704,26050.452.95$12,578
Jan 2017753,70349.413.42$16,366
Dec 2016384,06448.763.72$16,982
Nov 2016384,87442.492.64$14,503
Oct 2016495,49946.193.09$19,257
Sep 2016465,23741.553.10$18,149
Aug 201604,70041.442.92$13,744
Jul 2016633,76541.622.92$13,632
Jun 2016394,12845.352.69$12,856
May 2016394,56542.521.99$10,747
Apr 2016334,00736.561.99$9,185
Mar 2016303,51733.011.79$7,300
Feb 2016323,31326.472.06$7,684
Jan 2016673,80927.352.36$10,838
Dec 2015293,20032.362.00$7,343
Nov 2015945,96938.792.17$16,583
Oct 2015161,81143.552.43$5,091
Sep 2015303,57642.992.76$11,154
Aug 2015395,23040.162.87$16,589
Jul 2015896,37648.152.95$23,063
Jun 2015466,27956.152.88$20,684
May 20151258,03755.212.96$30,654
Apr 2015435,46849.822.71$16,942
Mar 20151399,41342.892.93$33,586
Feb 201513910,08844.662.98$36,232
Jan 20151527,31543.433.10$29,282
Dec 2014222,99154.693.59$11,945
Nov 201416315,66770.464.25$78,099
Oct 20141008,05178.303.90$39,237
Sep 2014681486.164.05$3,810
Aug 20141690089.394.04$5,062
Jul 2014878696.564.18$4,058
Jun 20141368998.164.74$4,540
May 2014382,35694.734.73$14,736
Apr 2014222,79795.944.81$15,562
Mar 2014723,01395.895.06$22,140
Feb 2014341,89297.406.19$15,027
Jan 2014411,58290.404.86$11,396
Dec 2013362,03591.824.35$12,167
Nov 2013191,94288.853.74$8,948
Oct 2013352,06697.423.78$11,218
Sep 2013372,178104.113.72$11,949
Aug 2013432,508104.253.52$13,317
Jul 2013513,077102.523.72$16,668
Jun 2013192,15894.403.93$10,282
May 2013331,94194.834.15$11,183
Apr 2013523,09593.964.28$18,141
Mar 2013402,57993.623.91$13,836
Feb 2013311,32491.233.42$7,356
Jan 2013332,15991.603.42$10,406
Dec 2012853,17586.773.42$18,234
Nov 20121476,20486.953.62$35,271
Oct 20122377,37189.383.40$46,242
Sep 2012608,09894.672.92$29,313
Aug 20123157,76692.662.91$51,773
Jul 2012766,75785.133.02$26,881
Jun 201207,31979.822.52$18,437
May 2012551291.612.49$5,068
Apr 201242346101.652.00$4,960
Mar 20128710,917105.052.22$33,398
Feb 201213211,070101.102.57$41,798
Jan 201214011,55998.092.73$45,336
Dec 20114311,86996.873.24$42,618
Nov 201113211,48895.723.31$50,675
Oct 20119813,39784.983.65$57,208
Sep 20111126,60583.623.99$35,692
Aug 2011613,24583.404.15$18,552
Jul 2011933,58194.144.52$24,931
Jun 2011963,46592.904.64$24,996
May 20111523,23598.134.40$29,165
Apr 20112386,483105.964.33$53,311
Mar 20111567,89096.364.06$47,045
Feb 20111727,15485.644.18$44,634
Jan 20113439,24486.504.59$72,088
Dec 20101748,82085.734.35$53,264
Nov 20103718,74280.843.80$63,170
Oct 20103009,36678.103.51$56,294
Sep 20105859,96172.633.98$82,128
Aug 20102964,62673.684.42$42,253
Jul 20102432,62672.554.74$30,068
Jun 2010931,85670.364.91$15,657
May 20101092,18871.124.24$17,019
Apr 2010453,24681.694.12$17,058
Mar 20101122,37578.394.39$19,203
Feb 2010442,33473.585.44$15,940
Jan 2010472,26574.365.96$17,004
Dec 2009742,63771.445.48$19,747
Nov 20091462,71274.593.75$21,064
Oct 20094077,68672.544.11$61,115
Sep 20091631,86965.543.06$16,411
Aug 200905,59667.423.22$18,011
Jul 20093217,53961.133.46$45,742
Jun 20094706,56666.163.90$56,670
May 200963215,83654.743.93$96,764
Apr 200974217,32146.773.59$96,842
Mar 200949816,87042.144.06$89,461
Feb 200961516,54232.814.63$96,817
Jan 200974818,18335.865.37$124,484
Dec 200876020,98737.105.98$153,638
Nov 200837618,95755.496.86$150,916
Oct 200854219,33175.246.92$174,589
Sep 200827919,006101.767.88$178,103
Aug 200814812,839114.228.48$125,818
Jul 20081638,982131.0811.39$123,666
Jun 200813010,330131.3313.03$151,700
May 200821010,689123.1711.57$149,583
Apr 200838510,692110.3110.45$154,253
Mar 200812212,650101.909.66$134,682
Feb 200834111,70892.538.77$134,239
Jan 200832713,70190.388.21$141,981
Dec 200739014,65888.337.30$141,481
Nov 200749819,67791.677.29$189,130
Oct 200730716,42482.856.92$139,122
Sep 200753319,49275.846.24$162,134
Aug 200742623,45769.066.39$179,261
Jul 200763220,74370.906.39$177,314
Jun 200735325,74162.007.55$216,191
May 200733813,39358.747.85$124,939
Apr 200731910,82659.617.81$103,515
Mar 200772926,75256.927.30$236,837
Feb 200776831,36855.108.22$300,036
Jan 200790940,59350.306.73$318,786
Dec 200674350,52956.656.92$391,673
Nov 20061,09850,92154.207.62$447,401
Oct 20061,22463,51254.906.01$449,146
Sep 20061,58969,86760.085.04$447,401
Aug 20061,99183,22868.717.34$747,688
Jul 20062,375104,95969.376.34$830,484
Jun 20062,642106,68966.286.38$856,202
May 20063,10299,15766.016.42$841,847
Apr 20063,504122,77464.397.36$1,129,298
Mar 20064,517115,33156.707.08$1,072,994
Feb 20066,301138,87057.597.75$1,439,273
Jan 20067,048131,24360.598.93$1,599,474
Dec 20056,221173,39854.9413.42$2,667,985
Nov 20055,350201,22254.6910.59$2,423,211
Oct 20057,729260,82658.3413.80$4,049,203
Sep 20057,902266,15261.4512.08$3,700,428
Aug 200565929,21461.519.80$326,740

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            15 bbl  × $106.41 =     $1,596
Gas                  857 Mcf  × $  3.05 =     $2,610

────────────────────────────────────────────────────
Month total                                   $4,206

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/212176 is the state's own key, not one this site invented.