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 224996District 04Field 548660052 tax incentive programmesGasSaveExport
Value, all time
$4.9 M
Oct 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
248
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 Gas112009-05-29191988
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
GasProduction617,477 Mcf$4,904,164
Total$4,904,164

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 26.6691, -99.1255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.66907, -99.12546 · 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
10,050 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 10,050 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-505353481610,050 ftOct 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 (248)

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

248 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 20165126.472.06$105
Jan 201632127.352.36$759
Dec 201530432.362.00$608
Nov 201546738.792.17$1,012
Oct 201539843.552.43$966
Sep 201541842.992.76$1,153
Aug 201551240.162.87$1,471
Jul 201540248.152.95$1,184
Jun 201544656.152.88$1,286
May 201541155.212.96$1,215
Apr 201533249.822.71$899
Mar 201518642.892.93$546
Feb 201513544.662.98$402
Jan 201526943.433.10$834
Dec 201429054.693.59$1,041
Nov 201433370.464.25$1,416
Oct 201431978.303.90$1,244
Sep 201430786.164.05$1,242
Aug 201429389.394.04$1,182
Jul 201428596.564.18$1,191
Jun 201413698.164.74$644
May 201436594.734.73$1,725
Apr 201431095.944.81$1,491
Mar 201427595.895.06$1,391
Feb 201429097.406.19$1,796
Jan 201436990.404.86$1,794
Dec 201337091.824.35$1,611
Nov 201339788.853.74$1,484
Oct 201333297.423.78$1,255
Sep 2013365104.113.72$1,357
Aug 2013317104.253.52$1,117
Jul 2013345102.523.72$1,283
Jun 201340894.403.93$1,605
May 201338594.834.15$1,597
Apr 201341893.964.28$1,790
Mar 201339893.623.91$1,557
Feb 201334291.233.42$1,170
Jan 201335991.603.42$1,228
Dec 201237286.773.42$1,272
Nov 201235086.953.62$1,269
Oct 201240589.383.40$1,377
Sep 201222594.672.92$657
Aug 201211492.662.91$332
Jul 201229785.133.02$897
Jun 201234479.822.52$867
May 201264991.612.49$1,615
Apr 2012756101.652.00$1,510
Mar 2012594105.052.22$1,320
Feb 2012523101.102.57$1,344
Jan 201228298.092.73$771
Dec 201143196.873.24$1,396
Nov 201159395.723.31$1,964
Oct 201133584.983.65$1,222
Sep 201121283.623.99$845
Aug 2011083.404.15$0
Jul 201121994.144.52$989
Jun 201125392.904.64$1,174
May 201147998.134.40$2,110
Apr 2011683105.964.33$2,960
Mar 20119496.364.06$381
Feb 20117185.644.18$297
Jan 201126486.504.59$1,211
Dec 20101,72885.734.35$7,513
Nov 20101,80880.843.80$6,862
Oct 20102,44278.103.51$8,569
Sep 20102,37372.633.98$9,443
Aug 20102,36373.684.42$10,443
Jul 20101,91772.554.74$9,080
Jun 20101,95870.364.91$9,615
May 20102,04771.124.24$8,670
Apr 20102,89481.694.12$11,931
Mar 20102,94378.394.39$12,916
Feb 20102,94473.585.44$16,022
Jan 20103,05274.365.96$18,202
Dec 20093,42871.445.48$18,798
Nov 20093,17374.593.75$11,904
Oct 20093,57372.544.11$14,686
Sep 20093,63565.543.06$11,140
Aug 20093,64667.423.22$11,735
Jul 20093,61361.133.46$12,517
Jun 20094,48766.163.90$17,477
May 20093,74654.743.93$14,706
Apr 20093,94146.773.59$14,138
Mar 20094,26342.144.06$17,304
Feb 20094,27932.814.63$19,825
Jan 20095,76135.865.37$30,942
Dec 20086,72837.105.98$40,214
Nov 20087,91755.496.86$54,313
Oct 20087,98775.246.92$55,286
Sep 20082,643101.767.88$20,819
Aug 2008842114.228.48$7,143
Jul 2008954131.0811.39$10,866
Jun 20081,115131.3313.03$14,531
May 20081,330123.1711.57$15,394
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 200829192.538.77$2,552
Jan 200862690.388.21$5,137
Dec 20071,13588.337.30$8,288
Nov 20071,38191.677.29$10,070
Oct 20071,77782.856.92$12,300
Sep 20073,76775.846.24$23,522
Aug 20075,62569.066.39$35,932
Jul 20075,05670.906.39$32,297
Jun 20074,98762.007.55$37,644
May 20075,68258.747.85$44,583
Apr 20077,45559.617.81$58,188
Mar 20078,71356.927.30$63,622
Feb 20079,06155.108.22$74,445
Jan 200710,03750.306.73$67,517
Dec 200611,12256.656.92$76,947
Nov 200612,10454.207.62$92,202
Oct 200614,22454.906.01$85,540
Sep 200616,13860.085.04$81,290
Aug 200619,23968.717.34$141,213
Jul 200619,41169.376.34$123,119
Jun 200623,19966.286.38$148,100
May 200628,50666.016.42$183,151
Apr 200627,36964.397.36$201,449
Mar 200624,48756.707.08$173,439
Feb 200627,59357.597.75$213,877
Jan 200643,54160.598.93$388,966
Dec 200569,87854.9413.42$937,441
Nov 200579,12754.6910.59$837,828
Oct 20059,21158.3413.80$127,073

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                   51 Mcf  × $  2.06 =       $105

────────────────────────────────────────────────────
Month total                                     $105

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/224996 is the state's own key, not one this site invented.