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 217221District 04Field 548660052 tax incentive programmesGasSaveExport
Value, all time
$1.1 M
Feb 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
244
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 Gas112007-03-01171570
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
GasProduction183,805 Mcf$1,101,828
Total$1,101,828

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 26.6701, -99.1273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67009, -99.12727 · 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
10,315 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 10,315 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-505354492110,315 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 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 2016841.553.10$25
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 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201513542.992.76$372
Aug 201550840.162.87$1,459
Jul 201554048.152.95$1,590
Jun 201548756.152.88$1,404
May 201551655.212.96$1,525
Apr 201536749.822.71$993
Mar 201525342.892.93$742
Feb 201517344.662.98$515
Jan 201545643.433.10$1,414
Dec 201450854.693.59$1,824
Nov 201457370.464.25$2,436
Oct 201464378.303.90$2,508
Sep 201452286.164.05$2,112
Aug 201448489.394.04$1,953
Jul 201451596.564.18$2,152
Jun 201420598.164.74$971
May 201453494.734.73$2,524
Apr 201444995.944.81$2,159
Mar 201453695.895.06$2,710
Feb 201447897.406.19$2,960
Jan 201465090.404.86$3,159
Dec 201365591.824.35$2,852
Nov 201372888.853.74$2,721
Oct 201350397.423.78$1,901
Sep 2013394104.113.72$1,465
Aug 2013356104.253.52$1,254
Jul 2013445102.523.72$1,654
Jun 201359394.403.93$2,333
May 201346394.834.15$1,921
Apr 201346193.964.28$1,974
Mar 201355493.623.91$2,168
Feb 201356591.233.42$1,932
Jan 201367591.603.42$2,308
Dec 201284086.773.42$2,873
Nov 201276786.953.62$2,780
Oct 201266789.383.40$2,268
Sep 201265994.672.92$1,923
Aug 201296692.662.91$2,809
Jul 201263185.133.02$1,906
Jun 201276079.822.52$1,914
May 201274091.612.49$1,841
Apr 2012890101.652.00$1,777
Mar 2012915105.052.22$2,033
Feb 2012991101.102.57$2,547
Jan 201295798.092.73$2,617
Dec 20111,00096.873.24$3,240
Nov 20111,01895.723.31$3,371
Oct 20111,14684.983.65$4,181
Sep 20111,16483.623.99$4,639
Aug 20111,17683.404.15$4,880
Jul 20111,33294.144.52$6,017
Jun 20111,30392.904.64$6,046
May 20111,27198.134.40$5,599
Apr 20111,195105.964.33$5,178
Mar 201199696.364.06$4,041
Feb 20111,03185.644.18$4,310
Jan 20111,37186.504.59$6,291
Dec 20101,31885.734.35$5,730
Nov 20101,27880.843.80$4,850
Oct 20101,51378.103.51$5,309
Sep 20101,32272.633.98$5,261
Aug 20101,43973.684.42$6,359
Jul 201063972.554.74$3,027
Jun 201072170.364.91$3,540
May 201081071.124.24$3,431
Apr 201076881.694.12$3,166
Mar 201067378.394.39$2,954
Feb 201056773.585.44$3,086
Jan 20101,36374.365.96$8,129
Dec 20091,27171.445.48$6,970
Nov 20091,25074.593.75$4,689
Oct 20091,31172.544.11$5,389
Sep 20091,24965.543.06$3,828
Aug 20091,28567.423.22$4,136
Jul 20091,16361.133.46$4,029
Jun 20091,13366.163.90$4,413
May 20091,04454.743.93$4,098
Apr 20091,68446.773.59$6,041
Mar 20091,49642.144.06$6,072
Feb 20091,08032.814.63$5,004
Jan 20091,15735.865.37$6,214
Dec 20081,13037.105.98$6,754
Nov 20081,53655.496.86$10,538
Oct 20081,40375.246.92$9,712
Sep 20081,034101.767.88$8,145
Aug 20081,050114.228.48$8,907
Jul 20081,515131.0811.39$17,255
Jun 20081,459131.3313.03$19,015
May 20081,079123.1711.57$12,489
Apr 20081,259110.3110.45$13,163
Mar 20081,432101.909.66$13,839
Feb 200871092.538.77$6,227
Jan 200892890.388.21$7,615
Dec 200784988.337.30$6,199
Nov 20071,34191.677.29$9,778
Oct 20071,65182.856.92$11,428
Sep 20072,65575.846.24$16,578
Aug 20072,58269.066.39$16,494
Jul 20072,68970.906.39$17,177
Jun 20072,39562.007.55$18,079
May 20072,45058.747.85$19,223
Apr 20072,98859.617.81$23,322
Mar 20073,24756.927.30$23,710
Feb 20073,25155.108.22$26,710
Jan 20073,51150.306.73$23,618
Dec 20064,02956.656.92$27,874
Nov 20063,96954.207.62$30,234
Oct 20064,31554.906.01$25,950
Sep 20064,57360.085.04$23,035
Aug 20065,27068.717.34$38,681
Jul 20065,31269.376.34$33,693
Jun 20066,97266.286.38$44,508
May 20067,46566.016.42$47,963
Apr 200613,46164.397.36$99,079
Mar 200615,06756.707.08$106,718
Feb 20061,97657.597.75$15,316

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.

Sep 2016 — as filed, then multipliedworked
Gas                    8 Mcf  × $  3.10 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/217221 is the state's own key, not one this site invented.