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 215456District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Nov 2005 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
247
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 Gas112007-03-01171575
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
CondensateDisposition620 bbl$49,228
GasProduction1,077,788 Mcf$5,763,441
Total$5,812,669

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 26.6721, -99.1177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67214, -99.11771 · 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
12,015 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 12,015 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-505353471212,015 ftJun 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 (247)

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

247 months

May 20260427106.413.05$1,301
Apr 2026048398.932.87$1,386
Mar 2026055389.753.15$1,742
Feb 2026027463.503.75$1,028
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025037458.593.93$1,468
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 20230089.042.74$0
Aug 2023057780.522.67$1,542
Jul 202301,07974.852.64$2,851
Jun 202301,65768.962.26$3,742
May 202301,77170.622.23$3,945
Apr 202301,82178.122.24$4,075
Mar 202301,88572.852.39$4,511
Feb 202301,72775.112.47$4,258
Jan 202302,02976.533.39$6,874
Dec 202201,91876.415.73$10,988
Nov 202201,39485.005.65$7,871
Oct 202201,57987.185.86$9,259
Sep 202201,67684.888.16$13,682
Aug 202201,77494.529.13$16,192
Jul 202202,101101.587.54$15,846
Jun 202201,676115.097.98$13,370
May 202201,967109.378.43$16,588
Apr 202202,087104.226.84$14,270
Mar 202202,084108.885.08$10,579
Feb 202202,14791.054.86$10,432
Jan 202201,85281.844.54$8,404
Dec 202101,78371.323.90$6,952
Nov 202102,04377.435.24$10,699
Oct 202101,84479.795.71$10,536
Sep 202102,02669.865.35$10,841
Aug 202102,03666.024.22$8,593
Jul 202101,81870.783.98$7,239
Jun 202102,18469.493.38$7,383
May 202102,10963.483.02$6,364
Apr 202102,01460.362.76$5,555
Mar 202102,13761.302.72$5,806
Feb 202101,70657.805.55$9,465
Jan 202101,80550.412.81$5,073
Dec 2020171,81744.642.68$5,620
Nov 202002,75938.772.71$7,467
Oct 2020102,51936.972.48$6,613
Sep 202002,76937.091.99$5,513
Aug 202002,74039.982.39$6,535
Jul 202002,72938.371.83$4,981
Jun 202003,16434.901.69$5,348
May 202002,48516.921.81$4,510
Apr 202002,73514.751.80$4,935
Mar 2020172,47430.341.86$5,108
Feb 202002,53149.881.98$5,013
Jan 202002,68057.252.09$5,614
Dec 201902,94859.012.30$6,793
Nov 201901,78655.302.75$4,913
Oct 201902,73653.472.42$6,617
Sep 201902,85655.052.66$7,589
Aug 201902,85753.112.30$6,584
Jul 201902,57856.272.46$6,342
Jun 201902,67752.782.49$6,669
May 201903,00458.482.74$8,232
Apr 201902,97062.632.75$8,170
Mar 201903,08056.803.06$9,431
Feb 201902,50950.852.79$7,006
Jan 201902,74846.033.23$8,871
Dec 201802,79146.594.19$11,682
Nov 201802,87452.934.24$12,178
Oct 201803,02461.443.40$10,276
Sep 201803,17359.543.11$9,862
Aug 201802,77159.403.07$8,497
Jul 201802,94565.142.93$8,634
Jun 201802,71960.183.08$8,366
May 201803,07065.382.90$8,905
Apr 201803,04263.842.90$8,824
Mar 201803,02061.222.79$8,416
Feb 201802,88161.782.77$7,969
Jan 201803,41462.874.01$13,688
Dec 201702,63157.272.92$7,687
Nov 201702,44455.423.12$7,621
Oct 201702,97449.292.98$8,873
Sep 201703,00447.523.09$9,274
Aug 201703,37245.373.00$10,131
Jul 201703,15943.873.09$9,753
Jun 201703,22242.493.09$9,947
May 201703,79545.373.26$12,385
Apr 201703,48547.933.21$11,192
Mar 201703,77246.772.98$11,254
Feb 201703,49450.452.95$10,316
Jan 201703,63549.413.42$12,427
Dec 201603,71048.763.72$13,812
Nov 201603,88542.492.64$10,273
Oct 201603,95846.193.09$12,231
Sep 201603,89841.553.10$12,086
Aug 201604,09041.442.92$11,961
Jul 201603,16241.622.92$9,247
Jun 201602,92645.352.69$7,859
May 201603,17242.521.99$6,316
Apr 201602,73036.561.99$5,436
Mar 201602,89933.011.79$5,201
Feb 201602,54526.472.06$5,252
Jan 201604,13127.352.36$9,767
Dec 201504,89732.362.00$9,801
Nov 201504,58438.792.17$9,935
Oct 201504,50043.552.43$10,920
Sep 201504,67942.992.76$12,907
Aug 201505,61040.162.87$16,115
Jul 201504,40148.152.95$12,961
Jun 201505,01156.152.88$14,446
May 201502,83755.212.96$8,385
Apr 201504,49549.822.71$12,166
Mar 201501,71742.892.93$5,039
Feb 201501,39344.662.98$4,146
Jan 201503,16843.433.10$9,823
Dec 201403,40854.693.59$12,239
Nov 201403,30170.464.25$14,035
Oct 201403,47178.303.90$13,540
Sep 201403,56786.164.05$14,430
Aug 201403,39389.394.04$13,691
Jul 201403,68196.564.18$15,385
Jun 201401,60198.164.74$7,584
May 201403,40294.734.73$16,080
Apr 201403,50595.944.81$16,856
Mar 201404,08395.895.06$20,647
Feb 201403,66697.406.19$22,700
Jan 201404,68390.404.86$22,763
Dec 201304,71891.824.35$20,544
Nov 201303,96388.853.74$14,815
Oct 201303,27597.423.78$12,377
Sep 201303,620104.113.72$13,458
Aug 201303,497104.253.52$12,319
Jul 201303,828102.523.72$14,232
Jun 201303,00994.403.93$11,836
May 20131883,97094.834.15$34,300
Apr 201302,45993.964.28$10,531
Mar 201303,18193.623.91$12,447
Feb 201303,88391.233.42$13,280
Jan 201305,40091.603.42$18,468
Dec 201202,51686.773.42$8,605
Nov 201203,24586.953.62$11,763
Oct 201204,00689.383.40$13,619
Sep 201203,59294.672.92$10,483
Aug 201204,54592.662.91$13,218
Jul 201203,25385.133.02$9,827
Jun 201204,00779.822.52$10,094
May 201204,06091.612.49$10,103
Apr 201203,927101.652.00$7,841
Mar 201204,045105.052.22$8,988
Feb 201203,921101.102.57$10,078
Jan 201204,11398.092.73$11,245
Dec 201104,34296.873.24$14,067
Nov 201104,45295.723.31$14,742
Oct 201104,70384.983.65$17,159
Sep 201104,51383.623.99$17,988
Aug 201104,92183.404.15$20,419
Jul 201104,89994.144.52$22,130
Jun 201105,00392.904.64$23,213
May 201105,40798.134.40$23,817
Apr 201105,474105.964.33$23,720
Mar 201104,63196.364.06$18,790
Feb 201104,85785.644.18$20,302
Jan 201105,62486.504.59$25,807
Dec 201005,58185.734.35$24,265
Nov 20101945,72680.843.80$37,415
Oct 201006,07478.103.51$21,313
Sep 201005,77772.633.98$22,989
Aug 201006,58373.684.42$29,093
Jul 201006,76872.554.74$32,057
Jun 201006,81870.364.91$33,479
May 201007,94471.124.24$33,645
Apr 201007,53681.694.12$31,069
Mar 201008,16478.394.39$35,829
Feb 201008,00373.585.44$43,555
Jan 201008,15674.365.96$48,643
Dec 200908,92571.445.48$48,942
Nov 200908,42874.593.75$31,618
Oct 20091949,27772.544.11$52,204
Sep 200909,37865.543.06$28,741
Aug 200909,97867.423.22$32,114
Jul 2009011,06961.133.46$38,349
Jun 2009012,22566.163.90$47,616
May 2009011,30654.743.93$44,385
Apr 2009011,57446.773.59$41,522
Mar 2009012,82142.144.06$52,040
Feb 2009011,65932.814.63$54,016
Jan 2009012,99335.865.37$69,785
Dec 2008014,36437.105.98$85,856
Nov 2008015,63755.496.86$107,275
Oct 2008017,44075.246.92$120,719
Sep 2008019,135101.767.88$150,728
Aug 2008023,642114.228.48$200,556
Jul 2008024,005131.0811.39$273,403
Jun 200806,237131.3313.03$81,285
May 200804,464123.1711.57$51,668
Apr 200803,542110.3110.45$37,031
Mar 200804,191101.909.66$40,502
Feb 200804,19792.538.77$36,810
Jan 200805,09890.388.21$41,833
Dec 200703,85988.337.30$28,178
Nov 200703,61191.677.29$26,330
Oct 200704,60082.856.92$31,841
Sep 200704,25475.846.24$26,563
Aug 200705,19669.066.39$33,192
Jul 200705,05770.906.39$32,304
Jun 200705,65162.007.55$42,656
May 200705,80258.747.85$45,524
Apr 200705,77459.617.81$45,067
Mar 200706,22356.927.30$45,440
Feb 200706,62755.108.22$54,447
Jan 200707,01750.306.73$47,202
Dec 200607,46056.656.92$51,612
Nov 200607,44654.207.62$56,720
Oct 200607,70954.906.01$46,360
Sep 200608,25760.085.04$41,592
Aug 200608,79168.717.34$64,525
Jul 200609,38869.376.34$59,546
Jun 200609,92166.286.38$63,334
May 2006011,15966.016.42$71,697
Apr 2006012,31264.397.36$90,622
Mar 2006014,73356.707.08$104,353
Feb 2006021,26257.597.75$164,804
Jan 2006022,93160.598.93$204,850
Dec 2005033,54154.9413.42$449,966
Nov 200506,19554.6910.59$65,595

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                  427 Mcf  × $  3.05 =     $1,301

────────────────────────────────────────────────────
Month total                                   $1,301

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/215456 is the state's own key, not one this site invented.