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 215920District 04Field 548660052 tax incentive programmesGasSaveExport
Value, all time
$2.0 M
Dec 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
no gaps in the span
Streams
1
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 Gas112007-01-12171574
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
GasProduction336,605 Mcf$1,958,534
Total$1,958,534

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 26.6716, -99.1248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67160, -99.12484 · 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
10,125 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 10,125 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-505353851710,125 ftDec 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 (246)

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

246 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 201610426.472.06$215
Jan 201672427.352.36$1,712
Dec 201566532.362.00$1,331
Nov 201586438.792.17$1,873
Oct 201583843.552.43$2,033
Sep 20151,14642.992.76$3,161
Aug 20151,17140.162.87$3,364
Jul 20151,04748.152.95$3,084
Jun 201543856.152.88$1,263
May 201548855.212.96$1,442
Apr 201538549.822.71$1,042
Mar 201533842.892.93$992
Feb 201529844.662.98$887
Jan 201596343.433.10$2,986
Dec 20141,02754.693.59$3,688
Nov 201478270.464.25$3,325
Oct 201488578.303.90$3,452
Sep 201466886.164.05$2,702
Aug 201478489.394.04$3,164
Jul 201476296.564.18$3,185
Jun 201439998.164.74$1,890
May 201497294.734.73$4,594
Apr 201465795.944.81$3,160
Mar 201469095.895.06$3,489
Feb 201465397.406.19$4,043
Jan 201458390.404.86$2,834
Dec 201376491.824.35$3,327
Nov 201338688.853.74$1,443
Oct 201361797.423.78$2,332
Sep 2013888104.113.72$3,301
Aug 2013872104.253.52$3,072
Jul 20131,043102.523.72$3,878
Jun 201393794.403.93$3,686
May 20131,07794.834.15$4,469
Apr 201392093.964.28$3,940
Mar 20131,12593.623.91$4,402
Feb 201389491.233.42$3,057
Jan 20131,09291.603.42$3,735
Dec 20121,11386.773.42$3,807
Nov 201296386.953.62$3,491
Oct 201287889.383.40$2,985
Sep 20121,12694.672.92$3,286
Aug 201288292.662.91$2,565
Jul 201266485.133.02$2,006
Jun 201282579.822.52$2,078
May 201260791.612.49$1,510
Apr 2012159101.652.00$317
Mar 2012985105.052.22$2,189
Feb 20121,512101.102.57$3,886
Jan 20122,31598.092.73$6,329
Dec 20112,22996.873.24$7,221
Nov 201191695.723.31$3,033
Oct 20111,06584.983.65$3,886
Sep 20112,51983.623.99$10,040
Aug 20112,43083.404.15$10,083
Jul 20112,82694.144.52$12,766
Jun 20112,52992.904.64$11,734
May 20112,66098.134.40$11,717
Apr 20112,510105.964.33$10,877
Mar 20111,98996.364.06$8,070
Feb 20113,15985.644.18$13,205
Jan 20113,86586.504.59$17,736
Dec 20103,27585.734.35$14,239
Nov 20103,04880.843.80$11,568
Oct 20103,50778.103.51$12,306
Sep 20104,00872.633.98$15,950
Aug 20103,24973.684.42$14,359
Jul 20105,63572.554.74$26,690
Jun 20103,81870.364.91$18,748
May 20103,44271.124.24$14,578
Apr 20103,24581.694.12$13,378
Mar 20103,25778.394.39$14,294
Feb 20102,34673.585.44$12,768
Jan 20102,92374.365.96$17,433
Dec 20092,91471.445.48$15,980
Nov 20092,64574.593.75$9,923
Oct 20092,59872.544.11$10,678
Sep 20093,07865.543.06$9,433
Aug 20093,90167.423.22$12,555
Jul 20093,87261.133.46$13,415
Jun 20093,19766.163.90$12,452
May 20093,67154.743.93$14,411
Apr 20093,66946.773.59$13,163
Mar 20094,28942.144.06$17,409
Feb 20093,04932.814.63$14,126
Jan 20093,37735.865.37$18,138
Dec 20083,48437.105.98$20,824
Nov 20082,74355.496.86$18,818
Oct 20084,02475.246.92$27,854
Sep 20082,786101.767.88$21,946
Aug 2008922114.228.48$7,821
Jul 20081,068131.0811.39$12,164
Jun 20081,131131.3313.03$14,740
May 20081,240123.1711.57$14,352
Apr 20081,301110.3110.45$13,602
Mar 20081,444101.909.66$13,955
Feb 200893692.538.77$8,209
Jan 20081,16090.388.21$9,519
Dec 20071,36688.337.30$9,974
Nov 200786891.677.29$6,329
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 20071,98162.007.55$14,953
May 20075,12458.747.85$40,204
Apr 20075,43359.617.81$42,406
Mar 20076,16756.927.30$45,031
Feb 20076,46355.108.22$53,100
Jan 20077,12050.306.73$47,895
Dec 20068,02956.656.92$55,548
Nov 20067,79254.207.62$59,355
Oct 20068,36554.906.01$50,305
Sep 20068,58760.085.04$43,254
Aug 20069,10068.717.34$66,793
Jul 20069,15069.376.34$58,036
Jun 20069,86766.286.38$62,990
May 200611,28266.016.42$72,487
Apr 200612,73864.397.36$93,758
Mar 200614,35256.707.08$101,654
Feb 200613,40857.597.75$103,927
Jan 200615,48960.598.93$138,368
Dec 2005054.9413.42$0

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.

Feb 2016 — as filed, then multipliedworked
Gas                  104 Mcf  × $  2.06 =       $215

────────────────────────────────────────────────────
Month total                                     $215

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/215920 is the state's own key, not one this site invented.