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 217017District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Feb 2006 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
244
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 Gas112007-03-01171572
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
CondensateDisposition14 bbl$494
GasProduction532,106 Mcf$2,914,522
Total$2,915,016

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 26.6657, -99.1264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.66569, -99.12639 · 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
10,230 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 10,230 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-505354351910,230 ftFeb 2006

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 (244)

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

244 months

May 202601,461106.413.05$4,450
Apr 202601,42998.932.87$4,101
Mar 202601,93089.753.15$6,078
Feb 202603,56563.503.75$13,370
Jan 202604,32559.138.00$34,591
Dec 20250056.664.41$0
Nov 20250058.593.93$0
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 2023013689.042.74$372
Aug 202301,16480.522.67$3,111
Jul 202301,03374.852.64$2,729
Jun 202301,12168.962.26$2,532
May 202301,08870.622.23$2,423
Apr 202301,15878.122.24$2,591
Mar 202301,16572.852.39$2,788
Feb 202301,07775.112.47$2,656
Jan 2023099376.533.39$3,364
Dec 202201,17276.415.73$6,714
Nov 2022080485.005.65$4,540
Oct 202201,35387.185.86$7,934
Sep 202201,31284.888.16$10,711
Aug 202201,13194.529.13$10,323
Jul 202201,409101.587.54$10,627
Jun 202201,188115.097.98$9,477
May 20220940109.378.43$7,927
Apr 202201,026104.226.84$7,015
Mar 202201,048108.885.08$5,320
Feb 2022096291.054.86$4,674
Jan 202201,02581.844.54$4,651
Dec 202101,00271.323.90$3,907
Nov 202101,03377.435.24$5,410
Oct 202101,10179.795.71$6,291
Sep 202101,10669.865.35$5,918
Aug 202101,09966.024.22$4,638
Jul 202101,17970.783.98$4,695
Jun 202101,03369.493.38$3,492
May 202101,05963.483.02$3,196
Apr 202101,03160.362.76$2,844
Mar 2021075061.302.72$2,038
Feb 2021086057.805.55$4,771
Jan 2021081250.412.81$2,282
Dec 2020371344.642.68$2,042
Nov 2020069938.772.71$1,892
Oct 202041,07336.972.48$2,807
Sep 2020097437.091.99$1,939
Aug 202001,09839.982.39$2,619
Jul 202001,10638.371.83$2,019
Jun 2020097034.901.69$1,640
May 202001,03416.921.81$1,876
Apr 2020092614.751.80$1,671
Mar 2020795230.341.86$1,980
Feb 2020089749.881.98$1,777
Jan 2020083957.252.09$1,757
Dec 201901,02059.012.30$2,350
Nov 2019086255.302.75$2,371
Oct 2019087853.472.42$2,123
Sep 2019097455.052.66$2,588
Aug 201901,12453.112.30$2,590
Jul 201901,14656.272.46$2,819
Jun 201901,23052.782.49$3,064
May 201901,07958.482.74$2,957
Apr 201901,18962.632.75$3,271
Mar 201901,13056.803.06$3,460
Feb 201901,13150.852.79$3,158
Jan 201901,31546.033.23$4,245
Dec 201801,28946.594.19$5,395
Nov 201801,17752.934.24$4,987
Oct 201801,19361.443.40$4,054
Sep 201801,30059.543.11$4,040
Aug 2018091159.403.07$2,794
Jul 201801,24065.142.93$3,636
Jun 201801,34660.183.08$4,142
May 201801,21565.382.90$3,524
Apr 201801,00663.842.90$2,918
Mar 201801,37061.222.79$3,818
Feb 201801,05061.782.77$2,904
Jan 201801,01962.874.01$4,086
Dec 2017097957.272.92$2,860
Nov 2017095855.423.12$2,987
Oct 201701,15249.292.98$3,437
Sep 201701,36847.523.09$4,223
Aug 201701,29145.373.00$3,879
Jul 201701,40543.873.09$4,338
Jun 201701,30142.493.09$4,017
May 201701,21545.373.26$3,965
Apr 201701,44447.933.21$4,638
Mar 201701,48946.772.98$4,443
Feb 201701,52650.452.95$4,506
Jan 201701,50349.413.42$5,138
Dec 201601,48748.763.72$5,536
Nov 201601,36142.492.64$3,599
Oct 201601,56646.193.09$4,839
Sep 201601,38641.553.10$4,297
Aug 201601,36041.442.92$3,977
Jul 2016080941.622.92$2,366
Jun 2016081445.352.69$2,186
May 2016079142.521.99$1,575
Apr 2016076336.561.99$1,519
Mar 2016080933.011.79$1,451
Feb 2016074026.472.06$1,527
Jan 201601,20427.352.36$2,847
Dec 2015096332.362.00$1,927
Nov 2015092638.792.17$2,007
Oct 201501,23943.552.43$3,007
Sep 201501,34042.992.76$3,696
Aug 201501,39740.162.87$4,013
Jul 201501,80948.152.95$5,328
Jun 201501,74256.152.88$5,022
May 201501,36055.212.96$4,019
Apr 201501,51249.822.71$4,092
Mar 201501,22742.892.93$3,601
Feb 2015051344.662.98$1,527
Jan 201501,36743.433.10$4,239
Dec 201401,60954.693.59$5,779
Nov 2014095070.464.25$4,039
Oct 201401,68078.303.90$6,554
Sep 201401,75286.164.05$7,088
Aug 201401,84689.394.04$7,449
Jul 201401,74696.564.18$7,298
Jun 2014067298.164.74$3,183
May 201401,68994.734.73$7,983
Apr 201401,65995.944.81$7,978
Mar 201401,63695.895.06$8,273
Feb 201401,57997.406.19$9,777
Jan 201401,65390.404.86$8,035
Dec 201301,41191.824.35$6,144
Nov 201301,20488.853.74$4,501
Oct 201301,19797.423.78$4,524
Sep 201301,343104.113.72$4,993
Aug 201301,302104.253.52$4,586
Jul 201301,601102.523.72$5,952
Jun 201301,70394.403.93$6,699
May 201301,60994.834.15$6,676
Apr 201301,62293.964.28$6,946
Mar 201301,72593.623.91$6,750
Feb 201301,40491.233.42$4,802
Jan 201301,60591.603.42$5,489
Dec 201202,11686.773.42$7,237
Nov 201201,63086.953.62$5,909
Oct 201201,78889.383.40$6,079
Sep 201201,81394.672.92$5,291
Aug 201201,82292.662.91$5,299
Jul 201201,66585.133.02$5,030
Jun 201201,94979.822.52$4,910
May 201202,37791.612.49$5,915
Apr 201202,369101.652.00$4,730
Mar 201202,440105.052.22$5,422
Feb 201202,315101.102.57$5,950
Jan 201202,37698.092.73$6,496
Dec 201102,40696.873.24$7,795
Nov 201102,53995.723.31$8,407
Oct 201102,53784.983.65$9,256
Sep 201102,40183.623.99$9,570
Aug 201102,63083.404.15$10,913
Jul 201102,60094.144.52$11,745
Jun 201102,45192.904.64$11,372
May 201102,54698.134.40$11,215
Apr 201102,634105.964.33$11,414
Mar 201102,26896.364.06$9,202
Feb 201102,13785.644.18$8,933
Jan 201102,52286.504.59$11,573
Dec 201002,41885.734.35$10,513
Nov 201002,44480.843.80$9,276
Oct 201002,52278.103.51$8,849
Sep 201002,35972.633.98$9,388
Aug 201002,37373.684.42$10,487
Jul 201002,39272.554.74$11,330
Jun 201002,54270.364.91$12,482
May 201002,73171.124.24$11,566
Apr 201002,58181.694.12$10,641
Mar 201002,84478.394.39$12,481
Feb 201002,50473.585.44$13,628
Jan 201002,60874.365.96$15,554
Dec 200902,68171.445.48$14,702
Nov 200902,74474.593.75$10,294
Oct 200902,73572.544.11$11,242
Sep 200902,82365.543.06$8,652
Aug 200902,91867.423.22$9,392
Jul 200903,11261.133.46$10,782
Jun 200902,31466.163.90$9,013
May 200902,95954.743.93$11,616
Apr 200902,67346.773.59$9,589
Mar 200902,97642.144.06$12,080
Feb 200902,20732.814.63$10,225
Jan 200903,03435.865.37$16,296
Dec 200802,80537.105.98$16,766
Nov 200802,57755.496.86$17,679
Oct 200803,71975.246.92$25,743
Sep 200803,486101.767.88$27,460
Aug 200803,598114.228.48$30,522
Jul 200804,127131.0811.39$47,004
Jun 200804,686131.3313.03$61,071
May 200804,921123.1711.57$56,957
Apr 200804,853110.3110.45$50,737
Mar 200804,854101.909.66$46,909
Feb 200805,03192.538.77$44,125
Jan 200805,17990.388.21$42,497
Dec 200705,02988.337.30$36,722
Nov 200705,14091.677.29$37,479
Oct 200705,33282.856.92$36,908
Sep 200705,53675.846.24$34,568
Aug 200705,42469.066.39$34,648
Jul 200705,99470.906.39$38,289
Jun 200705,79962.007.55$43,773
May 200705,87658.747.85$46,105
Apr 200706,10259.617.81$47,627
Mar 200706,50756.927.30$47,514
Feb 200707,01055.108.22$57,594
Jan 200707,33050.306.73$49,308
Dec 200607,46456.656.92$51,639
Nov 200607,59054.207.62$57,817
Oct 200608,74654.906.01$52,597
Sep 200608,74360.085.04$44,040
Aug 200609,87368.717.34$72,467
Jul 2006010,68569.376.34$67,772
Jun 2006011,86866.286.38$75,764
May 2006013,70366.016.42$88,042
Apr 2006015,54264.397.36$114,397
Mar 2006019,81256.707.08$140,327
Feb 2006013,47257.597.75$104,423

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                1,461 Mcf  × $  3.05 =     $4,450

────────────────────────────────────────────────────
Month total                                   $4,450

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/217017 is the state's own key, not one this site invented.