SOUTHWEST TEXAS CORP "F"

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 212821District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.7 M
Aug 2005 – May 2026
Value, last 12 filed months
$525
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 Gas112007-02-08171697
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
CondensateDisposition34,140 bbl$2,219,810
GasProduction1,689,378 Mcf$12,508,479
Total$14,728,289

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 26.7712, -98.9117. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.77122, -98.91169 · 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

42-4273385969,500 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20263089.753.15$269
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20254063.933.01$256
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 20230185.443.09$3
Sep 20230089.042.74$0
Aug 20230180.522.67$3
Jul 20230174.852.64$3
Jun 202310068.962.26$690
May 20230370.622.23$7
Apr 202301178.122.24$25
Mar 2023112972.852.39$382
Feb 202302275.112.47$54
Jan 20237476.533.39$549
Dec 20220876.415.73$46
Nov 2022575185.005.65$4,665
Oct 2022141,99487.185.86$12,913
Sep 2022321,99584.888.16$19,003
Aug 202201,80794.529.13$16,493
Jul 2022152,128101.587.54$17,573
Jun 2022261,800115.097.98$17,351
May 2022152,058109.378.43$18,996
Apr 2022142,105104.226.84$15,852
Mar 2022282,213108.885.08$14,283
Feb 2022322,15391.054.86$13,375
Jan 2022172,26881.844.54$11,683
Dec 2021332,50671.323.90$12,125
Nov 2021222,47377.435.24$14,654
Oct 2021191,89079.795.71$12,315
Sep 2021292,09869.865.35$13,252
Aug 2021152,24766.024.22$10,474
Jul 2021342,32070.783.98$11,645
Jun 2021172,35269.493.38$9,133
May 2021322,44563.483.02$9,410
Apr 2021312,24460.362.76$8,061
Mar 2021172,51961.302.72$7,886
Feb 2021352,54257.805.55$16,126
Jan 2021282,12250.412.81$7,375
Dec 2020282,39544.642.68$7,658
Nov 2020352,36938.772.71$7,769
Oct 2020392,60936.972.48$7,908
Sep 2020142,45037.091.99$5,397
Aug 2020482,93339.982.39$8,915
Jul 2020423,03238.371.83$7,145
Jun 2020412,44734.901.69$5,567
May 2020342,50716.921.81$5,125
Apr 2020211,50814.751.80$3,031
Mar 2020361,87930.341.86$4,580
Feb 2020462,45549.881.98$7,157
Jan 2020412,92557.252.09$8,474
Dec 2019302,76759.012.30$8,146
Nov 2019192,96055.302.75$9,193
Oct 2019192,82653.472.42$7,851
Sep 2019223,10955.052.66$9,473
Aug 2019272,49053.112.30$7,172
Jul 2019132,21956.272.46$6,190
Jun 2019242,10352.782.49$6,506
May 2019212,02858.482.74$6,785
Apr 2019232,06862.632.75$7,129
Mar 2019332,09656.803.06$8,293
Feb 2019252,03750.852.79$6,959
Jan 2019362,32346.033.23$9,156
Dec 2018342,33346.594.19$11,349
Nov 2018232,22752.934.24$10,654
Oct 2018312,30361.443.40$9,730
Sep 201892,02859.543.11$6,839
Aug 2018221,69359.403.07$6,498
Jul 2018222,17965.142.93$7,822
Jun 2018342,23660.183.08$8,926
May 2018332,56365.382.90$9,592
Apr 2018292,11463.842.90$7,984
Mar 2018242,48261.222.79$8,386
Feb 2018391,94961.782.77$7,801
Jan 2018301,98962.874.01$9,861
Dec 2017272,12057.272.92$7,740
Nov 2017292,22655.423.12$8,549
Oct 2017382,34749.292.98$8,876
Sep 2017212,12947.523.09$7,571
Aug 2017282,45345.373.00$8,640
Jul 2017442,72943.873.09$10,355
Jun 2017262,01142.493.09$7,313
May 2017352,59445.373.26$10,053
Apr 2017512,35947.933.21$10,021
Mar 2017302,84646.772.98$9,895
Feb 2017582,65850.452.95$10,774
Jan 2017432,84449.413.42$11,848
Dec 2016542,62048.763.72$12,387
Nov 2016303,37342.492.64$10,194
Oct 2016312,43946.193.09$8,969
Sep 2016372,90141.553.10$10,532
Aug 2016563,34741.442.92$12,108
Jul 2016382,94741.622.92$10,200
Jun 2016252,74345.352.69$8,501
May 2016382,75342.521.99$7,097
Apr 2016372,90536.561.99$7,137
Mar 2016612,71533.011.79$6,884
Feb 2016231,81226.472.06$4,348
Jan 2016301,50727.352.36$4,384
Dec 2015282,00532.362.00$4,919
Nov 2015493,13338.792.17$8,691
Oct 2015363,26443.552.43$9,488
Sep 2015373,27942.992.76$10,635
Aug 2015603,29140.162.87$11,863
Jul 2015473,34248.152.95$12,106
Jun 2015242,21556.152.88$7,733
May 2015513,12255.212.96$12,043
Apr 2015343,26749.822.71$10,536
Mar 2015663,54042.892.93$13,220
Feb 2015643,17644.662.98$12,311
Jan 2015483,15343.433.10$11,861
Dec 2014503,78054.693.59$16,310
Nov 2014593,24970.464.25$17,971
Oct 2014513,61578.303.90$18,095
Sep 2014613,51686.164.05$19,480
Aug 2014412,90989.394.04$15,403
Jul 2014663,65296.564.18$21,637
Jun 2014563,18798.164.74$20,593
May 2014323,17894.734.73$18,052
Apr 2014353,17695.944.81$18,632
Mar 2014513,81795.895.06$24,192
Feb 2014312,78297.406.19$20,246
Jan 2014713,97990.404.86$25,759
Dec 2013464,48591.824.35$23,754
Nov 2013454,36588.853.74$20,316
Oct 2013131,20597.423.78$5,821
Sep 20132307104.113.72$1,350
Aug 20138642104.253.52$3,096
Jul 2013201,361102.523.72$7,110
Jun 2013202,75394.403.93$12,717
May 2013383,67894.834.15$18,864
Apr 2013373,52093.964.28$18,551
Mar 2013664,86393.623.91$25,207
Feb 2013364,64091.233.42$19,153
Jan 2013695,15291.603.42$23,940
Dec 2012594,34986.773.42$19,994
Nov 2012174,45286.953.62$17,616
Oct 2012124,73189.383.40$17,156
Sep 2012114,91794.672.92$15,391
Aug 2012113,08792.662.91$9,997
Jul 201283,66885.133.02$11,761
Jun 201245,18279.822.52$13,373
May 2012787591.612.49$2,819
Apr 201214481101.652.00$2,384
Mar 2012353,805105.052.22$12,132
Feb 2012233,573101.102.57$11,509
Jan 2012433,47398.092.73$13,713
Dec 2011393,70696.873.24$15,784
Nov 2011414,12495.723.31$17,580
Oct 2011734,27284.983.65$21,790
Sep 2011824,20983.623.99$23,633
Aug 2011834,51583.404.15$25,656
Jul 20111244,79494.144.52$33,329
Jun 20111314,82292.904.64$34,543
May 20111034,96298.134.40$31,964
Apr 2011924,539105.964.33$29,417
Mar 20111465,29796.364.06$35,560
Feb 2011814,77285.644.18$26,884
Jan 20111465,75686.504.59$39,042
Dec 20101505,93485.734.35$38,659
Nov 2010815,53080.843.80$27,536
Oct 20101115,78978.103.51$28,982
Sep 20101065,95372.633.98$31,389
Aug 2010874,98373.684.42$28,432
Jul 2010986,11872.554.74$36,088
Jun 2010695,63870.364.91$32,540
May 2010745,29671.124.24$27,693
Apr 20101746,30681.694.12$40,212
Mar 20101466,08178.394.39$38,132
Feb 20101256,30673.585.44$43,517
Jan 20101717,01674.365.96$54,560
Dec 20091646,82571.445.48$49,143
Nov 2009917,01174.593.75$33,089
Oct 20091097,05472.544.11$36,901
Sep 2009262,88365.543.06$10,540
Aug 2009877,66967.423.22$30,548
Jul 20091027,96761.133.46$33,837
Jun 2009657,90466.163.90$35,086
May 2009729,18054.743.93$39,980
Apr 20091269,15946.773.59$38,751
Mar 20091728,70042.144.06$42,561
Feb 20091226,24132.814.63$32,917
Jan 20091937,83235.865.37$48,987
Dec 20081677,61537.105.98$51,712
Nov 20081567,60655.496.86$60,836
Oct 20081698,75275.246.92$73,297
Sep 20081818,382101.767.88$84,444
Aug 20081758,566114.228.48$92,654
Jul 200821410,816131.0811.39$151,239
Jun 200819311,109131.3313.03$170,126
May 200821611,276123.1711.57$157,116
Apr 200821610,779110.3110.45$136,520
Mar 20082269,108101.909.66$111,050
Feb 200832310,86892.538.77$125,206
Jan 200834612,60390.388.21$134,688
Dec 200738013,91288.337.30$135,150
Nov 200729113,13491.677.29$122,445
Oct 200719013,58582.856.92$109,777
Sep 200724215,28375.846.24$113,783
Aug 200722816,40869.066.39$120,559
Jul 200734117,00470.906.39$132,797
Jun 200731417,30062.007.55$150,056
May 200739320,28958.747.85$182,278
Apr 20074807,72459.617.81$88,900
Mar 200764315,83756.927.30$152,241
Feb 200761116,18955.108.22$166,675
Jan 200782818,79750.306.73$168,093
Dec 200665921,26356.656.92$184,439
Nov 200689021,54754.207.62$212,372
Oct 200672423,34954.906.01$180,164
Sep 200649024,77360.085.04$154,226
Aug 200654129,34868.717.34$252,584
Jul 200653631,63469.376.34$237,829
Jun 200666033,99766.286.38$260,778
May 200673440,20366.016.42$306,756
Apr 200697445,58664.397.36$398,251
Mar 20061,40056,35756.707.08$478,552
Feb 20061,08544,71557.597.75$409,076
Jan 20061,03440,43460.598.93$423,860
Dec 20051,80569,18054.9413.42$1,027,244
Nov 20052,16080,50454.6910.59$970,539
Oct 20052,104109,45358.3413.80$1,632,735
Sep 20052,684145,88161.4512.08$1,927,028
Aug 20051165961.519.80$7,133

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.

Mar 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 89.75 =       $269
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $269

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/212821 is the state's own key, not one this site invented.