BILLUPS

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the ROMA, EAST (5650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223334District 04Field 780167502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Aug 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
238
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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1994-06-21
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 40 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: PER DOCKET #04-0259433 NO BETWEEN WELL SPACING.

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 Gas112008-12-18187928
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
CondensateDisposition1,821 bbl$119,857
GasProduction325,868 Mcf$1,986,057
Total$2,105,914

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 26.4818, -99.0147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48181, -99.01472 · 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
7,250 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 7,250 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-4273399737,250 ftAug 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 (238)

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

238 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023017470.622.23$388
Apr 2023023778.122.24$530
Mar 2023037072.852.39$885
Feb 2023025375.112.47$624
Jan 2023017176.533.39$579
Dec 2022039376.415.73$2,252
Nov 2022025985.005.65$1,462
Oct 2022229187.185.86$1,881
Sep 2022034084.888.16$2,776
Aug 2022229094.529.13$2,836
Jul 20220281101.587.54$2,119
Jun 20220362115.097.98$2,888
May 20220482109.378.43$4,065
Apr 20220427104.226.84$2,920
Mar 20220466108.885.08$2,366
Feb 2022027791.054.86$1,346
Jan 2022042181.844.54$1,910
Dec 2021042671.323.90$1,661
Nov 2021043577.435.24$2,278
Oct 2021045179.795.71$2,577
Sep 2021032869.865.35$1,755
Aug 2021052566.024.22$2,216
Jul 2021065870.783.98$2,620
Jun 20210369.493.38$10
May 2021044463.483.02$1,340
Apr 2021083460.362.76$2,301
Mar 20210061.302.72$0
Feb 2021010357.805.55$571
Jan 2021039650.412.81$1,113
Dec 2020046744.642.68$1,249
Nov 2020029838.772.71$807
Oct 2020929036.972.48$1,051
Sep 2020032137.091.99$639
Aug 2020031239.982.39$744
Jul 2020032438.371.83$591
Jun 2020034534.901.69$583
May 2020032416.921.81$588
Apr 2020030114.751.80$543
Mar 2020027930.341.86$518
Feb 2020033749.881.98$667
Jan 20201234157.252.09$1,401
Dec 2019038159.012.30$878
Nov 2019035755.302.75$982
Oct 2019034653.472.42$837
Sep 2019033655.052.66$893
Aug 2019037053.112.30$853
Jul 2019037056.272.46$910
Jun 2019037052.782.49$922
May 2019038658.482.74$1,058
Apr 2019040262.632.75$1,106
Mar 2019041056.803.06$1,255
Feb 2019035650.852.79$994
Jan 2019041946.033.23$1,353
Dec 2018043846.594.19$1,833
Nov 2018040452.934.24$1,712
Oct 2018041561.443.40$1,410
Sep 2018043859.543.11$1,361
Aug 2018033159.403.07$1,015
Jul 20181442665.142.93$2,161
Jun 2018040160.183.08$1,234
May 2018047065.382.90$1,363
Apr 2018042263.842.90$1,224
Mar 2018043361.222.79$1,207
Feb 2018040961.782.77$1,131
Jan 2018046262.874.01$1,852
Dec 2017043757.272.92$1,277
Nov 2017038855.423.12$1,210
Oct 2017042449.292.98$1,265
Sep 2017040647.523.09$1,253
Aug 2017043545.373.00$1,307
Jul 2017052743.873.09$1,627
Jun 20171542242.493.09$1,940
May 2017051545.373.26$1,681
Apr 2017039447.933.21$1,265
Mar 2017046446.772.98$1,384
Feb 2017044550.452.95$1,314
Jan 2017046249.413.42$1,579
Dec 2016046848.763.72$1,742
Nov 2016050642.492.64$1,338
Oct 2016050846.193.09$1,570
Sep 2016047941.553.10$1,485
Aug 2016047441.442.92$1,386
Jul 2016048441.622.92$1,415
Jun 20161349245.352.69$1,911
May 2016052342.521.99$1,041
Apr 2016048136.561.99$958
Mar 2016045933.011.79$823
Feb 2016046826.472.06$966
Jan 2016055327.352.36$1,307
Dec 2015052032.362.00$1,041
Nov 2015053238.792.17$1,153
Oct 2015057543.552.43$1,395
Sep 2015079242.992.76$2,185
Aug 2015086940.162.87$2,496
Jul 2015091748.152.95$2,701
Jun 2015082556.152.88$2,378
May 2015088555.212.96$2,616
Apr 2015075049.822.71$2,030
Mar 2015091442.892.93$2,682
Feb 2015071644.662.98$2,131
Jan 201501,20643.433.10$3,739
Dec 201401,26454.693.59$4,539
Nov 201401,46470.464.25$6,225
Oct 2014057378.303.90$2,235
Sep 2014743786.164.05$2,371
Aug 2014055689.394.04$2,244
Jul 2014041396.564.18$1,726
Jun 2014049798.164.74$2,354
May 2014047594.734.73$2,245
Apr 20141578695.944.81$5,219
Mar 2014064795.895.06$3,272
Feb 2014049097.406.19$3,034
Jan 20141466090.404.86$4,474
Dec 2013046591.824.35$2,025
Nov 2013058188.853.74$2,172
Oct 2013065497.423.78$2,472
Sep 20130452104.113.72$1,680
Aug 2013089104.253.52$314
Jul 20130658102.523.72$2,446
Jun 2013031894.403.93$1,251
May 2013028294.834.15$1,170
Apr 2013031393.964.28$1,340
Mar 2013028193.623.91$1,100
Feb 2013025691.233.42$876
Jan 2013336091.603.42$1,506
Dec 2012039486.773.42$1,348
Nov 2012057486.953.62$2,081
Oct 2012058589.383.40$1,989
Sep 2012053894.672.92$1,570
Aug 2012060592.662.91$1,759
Jul 2012059485.133.02$1,794
Jun 2012077179.822.52$1,942
May 2012081091.612.49$2,016
Apr 20120734101.652.00$1,466
Mar 20121463105.052.22$1,134
Feb 20120536101.102.57$1,378
Jan 2012066398.092.73$1,813
Dec 20111144196.873.24$2,494
Nov 2011054395.723.31$1,798
Oct 2011062884.983.65$2,291
Sep 20111567583.623.99$3,945
Aug 2011058883.404.15$2,440
Jul 2011070794.144.52$3,194
Jun 20113663292.904.64$6,277
May 2011080398.134.40$3,537
Apr 201117732105.964.33$4,973
Mar 201101,36596.364.06$5,538
Feb 2011482,04685.644.18$12,663
Jan 201102,29386.504.59$10,522
Dec 2010352,05085.734.35$11,913
Nov 201002,00580.843.80$7,610
Oct 201001,32278.103.51$4,639
Sep 20102793372.633.98$5,674
Aug 2010261,06773.684.42$6,631
Jul 201001,08472.554.74$5,134
Jun 2010281,08370.364.91$7,288
May 2010291,16671.124.24$7,001
Apr 2010271,15981.694.12$6,984
Mar 2010271,19178.394.39$7,343
Feb 2010271,05873.585.44$7,745
Jan 2010281,25974.365.96$9,591
Dec 2009231,30871.445.48$8,816
Nov 2009261,39774.593.75$7,180
Oct 2009222,13772.544.11$10,379
Sep 20092254765.543.06$3,118
Aug 200901,50667.423.22$4,847
Jul 2009221,59861.133.46$6,881
Jun 2009221,59266.163.90$7,656
May 2009541,72154.743.93$9,712
Apr 2009351,80446.773.59$8,109
Mar 2009302,22542.144.06$10,295
Feb 2009651,57132.814.63$9,411
Jan 2009351,98135.865.37$11,895
Dec 2008592,24037.105.98$15,578
Nov 200872,13455.496.86$15,028
Oct 2008162,38275.246.92$17,692
Sep 200882,306101.767.88$18,979
Aug 2008172,512114.228.48$23,251
Jul 2008172,813131.0811.39$34,267
Jun 2008182,745131.3313.03$38,139
May 2008133,177123.1711.57$38,373
Apr 2008223,066110.3110.45$34,481
Mar 200883,786101.909.66$37,403
Feb 2008123,68992.538.77$33,465
Jan 2008254,14690.388.21$36,280
Dec 2007204,56188.337.30$35,071
Nov 200785,21891.677.29$38,781
Oct 200706,15682.856.92$42,612
Sep 200784,84275.846.24$30,841
Aug 200785,91969.066.39$38,363
Jul 2007107,61970.906.39$49,379
Jun 200778,00362.007.55$60,844
May 2007779,74658.747.85$80,993
Apr 20073810,41459.617.81$83,549
Mar 20076711,67656.927.30$89,071
Feb 20073612,04955.108.22$100,978
Jan 20079316,55650.306.73$116,048
Dec 200638317,87956.656.92$145,392
Nov 2006020,02054.207.62$152,502
Oct 2006027,40954.906.01$164,832
Sep 2006011,98360.085.04$60,361
Aug 200606468.717.34$470

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.62 =         $0
Gas                  174 Mcf  × $  2.23 =       $388

────────────────────────────────────────────────────
Month total                                     $388

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/223334 is the state's own key, not one this site invented.