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 215074District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Sep 2005 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
249
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 Gas112007-03-01171576
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
CondensateDisposition726 bbl$48,140
GasProduction1,268,422 Mcf$6,247,637
Total$6,295,777

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 26.6724, -99.1218. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67244, -99.12178 · 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
Aug 2008
1 of 1 wells

1 well

42-505352051412,500 ftAug 2008

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 (249)

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

249 months

May 202602,135106.413.05$6,503
Apr 202602,32298.932.87$6,663
Mar 202603,21389.753.15$10,119
Feb 202603,84663.503.75$14,424
Jan 202604,12059.138.00$32,951
Dec 202505,74956.664.41$25,372
Nov 202504,09558.593.93$16,079
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 2023027389.042.74$747
Aug 202301,15380.522.67$3,082
Jul 202301,43774.852.64$3,796
Jun 202301,60668.962.26$3,627
May 202301,58070.622.23$3,519
Apr 202301,77178.122.24$3,963
Mar 202301,68372.852.39$4,028
Feb 202301,71075.112.47$4,216
Jan 202301,85776.533.39$6,291
Dec 202202,07276.415.73$11,871
Nov 202201,74785.005.65$9,864
Oct 202202,15487.185.86$12,631
Sep 202202,38084.888.16$19,430
Aug 202202,52294.529.13$23,019
Jul 20220621101.587.54$4,684
Jun 202202,078115.097.98$16,577
May 202202,538109.378.43$21,403
Apr 202202,209104.226.84$15,104
Mar 202202,152108.885.08$10,924
Feb 202201,71191.054.86$8,313
Jan 202201,86781.844.54$8,472
Dec 202101,67771.323.90$6,539
Nov 202101,97077.435.24$10,317
Oct 202102,04579.795.71$11,685
Sep 202102,10769.865.35$11,274
Aug 202102,15766.024.22$9,104
Jul 202102,22270.783.98$8,848
Jun 202102,35369.493.38$7,955
May 202102,42063.483.02$7,303
Apr 202102,54660.362.76$7,023
Mar 202102,64761.302.72$7,192
Feb 202102,08457.805.55$11,562
Jan 202102,25050.412.81$6,323
Dec 202092,55644.642.68$7,240
Nov 202003,15738.772.71$8,545
Oct 2020133,31936.972.48$8,707
Sep 202002,68837.091.99$5,352
Aug 202002,55539.982.39$6,094
Jul 202002,81038.371.83$5,129
Jun 202002,51434.901.69$4,249
May 202003,15216.921.81$5,720
Apr 202003,15314.751.80$5,689
Mar 2020212,99330.341.86$6,193
Feb 202003,47549.881.98$6,883
Jan 202003,75357.252.09$7,862
Dec 201903,51459.012.30$8,098
Nov 201902,43955.302.75$6,709
Oct 201903,02353.472.42$7,311
Sep 201903,00755.052.66$7,990
Aug 201903,25753.112.30$7,505
Jul 201903,25256.272.46$8,000
Jun 201903,08252.782.49$7,678
May 201903,02258.482.74$8,281
Apr 201903,20662.632.75$8,819
Mar 201903,30356.803.06$10,114
Feb 201903,00350.852.79$8,385
Jan 201903,35446.033.23$10,827
Dec 201803,22746.594.19$13,506
Nov 201802,68252.934.24$11,364
Oct 201802,72261.443.40$9,250
Sep 201802,65159.543.11$8,239
Aug 201802,28859.403.07$7,016
Jul 201802,85065.142.93$8,356
Jun 201802,96560.183.08$9,123
May 201803,15465.382.90$9,149
Apr 201802,99063.842.90$8,673
Mar 201803,00361.222.79$8,369
Feb 201802,86461.782.77$7,922
Jan 201802,91462.874.01$11,683
Dec 201702,43357.272.92$7,108
Nov 201702,55455.423.12$7,964
Oct 201702,85149.292.98$8,506
Sep 201702,79347.523.09$8,623
Aug 201703,10145.373.00$9,317
Jul 201703,01643.873.09$9,311
Jun 201703,17442.493.09$9,799
May 201703,45945.373.26$11,288
Apr 201703,51847.933.21$11,298
Mar 201703,69646.772.98$11,028
Feb 201702,42850.452.95$7,169
Jan 201703,80949.413.42$13,022
Dec 201603,62848.763.72$13,506
Nov 201603,47042.492.64$9,176
Oct 201604,00646.193.09$12,380
Sep 201603,83841.553.10$11,900
Aug 201603,91341.442.92$11,443
Jul 201602,92841.622.92$8,562
Jun 201603,00245.352.69$8,063
May 201602,84042.521.99$5,655
Apr 201602,62336.561.99$5,223
Mar 201602,63433.011.79$4,725
Feb 201602,42326.472.06$5,000
Jan 201604,29427.352.36$10,153
Dec 201504,55532.362.00$9,116
Nov 201504,13438.792.17$8,960
Oct 201504,06343.552.43$9,859
Sep 201504,10042.992.76$11,310
Aug 201504,39340.162.87$12,619
Jul 201503,44848.152.95$10,155
Jun 201503,39356.152.88$9,782
May 201503,64955.212.96$10,784
Apr 201504,17249.822.71$11,292
Mar 201502,71742.892.93$7,974
Feb 201501,81344.662.98$5,396
Jan 20151103,87643.433.10$16,795
Dec 201404,03754.693.59$14,498
Nov 201404,24770.464.25$18,058
Oct 201404,12278.303.90$16,080
Sep 201403,87686.164.05$15,680
Aug 201404,27389.394.04$17,242
Jul 201404,65796.564.18$19,464
Jun 201402,02598.164.74$9,592
May 201404,78794.734.73$22,626
Apr 201404,87695.944.81$23,449
Mar 201405,10995.895.06$25,835
Feb 201404,72697.406.19$29,263
Jan 201405,23790.404.86$25,456
Dec 201304,90891.824.35$21,372
Nov 201305,61988.853.74$21,005
Oct 201304,90997.423.78$18,553
Sep 201306,167104.113.72$22,927
Aug 201306,271104.253.52$22,090
Jul 201307,033102.523.72$26,147
Jun 201304,79794.403.93$18,869
May 201305,11594.834.15$21,223
Apr 201306,10993.964.28$26,162
Mar 201306,36593.623.91$24,905
Feb 201305,25791.233.42$17,978
Jan 201305,94991.603.42$20,345
Dec 20121916,29286.773.42$38,093
Nov 201205,60286.953.62$20,307
Oct 201205,89689.383.40$20,045
Sep 201205,83894.672.92$17,038
Aug 201206,83992.662.91$19,889
Jul 201205,76185.133.02$17,403
Jun 201206,57879.822.52$16,570
May 201206,87591.612.49$17,107
Apr 201206,642101.652.00$13,263
Mar 201206,949105.052.22$15,441
Feb 201206,460101.102.57$16,604
Jan 201206,40898.092.73$17,520
Dec 201106,92096.873.24$22,419
Nov 201107,05395.723.31$23,354
Oct 201107,59584.983.65$27,711
Sep 201107,19083.623.99$28,658
Aug 201107,94483.404.15$32,962
Jul 201107,78394.144.52$35,158
Jun 201108,14192.904.64$37,773
May 201108,50498.134.40$37,459
Apr 201108,478105.964.33$36,738
Mar 201107,71096.364.06$31,282
Feb 201107,21185.644.18$30,142
Jan 201108,97686.504.59$41,189
Dec 201008,63185.734.35$37,525
Nov 201008,98980.843.80$34,116
Oct 201009,37378.103.51$32,889
Sep 201009,02072.633.98$35,895
Aug 2010010,09773.684.42$44,622
Jul 201009,96072.554.74$47,175
Jun 2010010,47570.364.91$51,436
May 201019211,79871.124.24$63,622
Apr 2010011,24681.694.12$46,364
Mar 2010012,45478.394.39$54,657
Feb 2010011,88973.585.44$64,704
Jan 2010012,56474.365.96$74,933
Dec 2009013,79871.445.48$75,665
Nov 2009013,48174.593.75$50,574
Oct 2009014,90772.544.11$61,272
Sep 2009014,96665.543.06$45,867
Aug 2009015,77467.423.22$50,769
Jul 200919017,88061.133.46$73,560
Jun 2009020,84666.163.90$81,195
May 2009020,38154.743.93$80,011
Apr 2009020,33146.773.59$72,937
Mar 2009023,51042.144.06$95,427
Feb 2009019,88032.814.63$92,104
Jan 2009016,72035.865.37$89,803
Dec 2008018,09537.105.98$108,156
Nov 2008019,42755.496.86$133,276
Oct 2008024,08975.246.92$166,744
Sep 2008033,758101.767.88$265,915
Aug 2008052,915114.228.48$448,879
Jul 200803,752131.0811.39$42,733
Jun 200801,744131.3313.03$22,729
May 200801,985123.1711.57$22,975
Apr 200801,756110.3110.45$18,359
Mar 200802,243101.909.66$21,677
Feb 200802,04692.538.77$17,945
Jan 200802,36590.388.21$19,407
Dec 200702,65588.337.30$19,387
Nov 200702,13391.677.29$15,553
Oct 200702,48482.856.92$17,194
Sep 200702,59875.846.24$16,222
Aug 200703,24869.066.39$20,748
Jul 200702,79570.906.39$17,854
Jun 200702,94762.007.55$22,245
May 200702,98558.747.85$23,421
Apr 200702,98559.617.81$23,299
Mar 200703,18656.927.30$23,264
Feb 200703,28155.108.22$26,957
Jan 200703,58750.306.73$24,129
Dec 200604,23256.656.92$29,279
Nov 200603,67854.207.62$28,017
Oct 200604,25554.906.01$25,589
Sep 200604,79060.085.04$24,128
Aug 200604,78468.717.34$35,114
Jul 200603,84669.376.34$24,394
Jun 200605,01466.286.38$32,009
May 200605,52466.016.42$35,492
Apr 200606,48264.397.36$47,711
Mar 200608,51856.707.08$60,332
Feb 200607,88257.597.75$61,094
Jan 2006011,81660.598.93$105,556
Dec 2005016,03354.9413.42$215,089
Nov 2005023,25054.6910.59$246,180
Oct 2005011,15658.3413.80$153,906
Sep 200501,29761.4512.08$15,666

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             0 bbl  × $106.41 =         $0
Gas                2,135 Mcf  × $  3.05 =     $6,503

────────────────────────────────────────────────────
Month total                                   $6,503

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/215074 is the state's own key, not one this site invented.