SOUTHWEST TEXAS CORP "F"

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

Gas lease lease 226735District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Apr 2007 – May 2026
Value, last 12 filed months
$668
at the published price for each month
Months reported
230
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2004-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2005-10-25.

The Commission's schedule remark for this field reads: TO 8370'.

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 Gas112007-11-26177508
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
CondensateDisposition12,181 bbl$809,545
GasProduction609,356 Mcf$3,707,074
Total$4,516,620

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 26.7736, -98.9183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.77361, -98.91827 · 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
9,200 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 9,200 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-4273409389,200 ftApr 2007

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 (230)

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

230 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20263089.753.15$269
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 20255063.933.01$320
Jul 202502466.743.32$80
Jun 20250066.483.13$0
May 2025012860.553.23$414
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 2024013669.612.36$322
Aug 2024425775.632.06$833
Jul 2024016879.932.15$361
Jun 202415378.082.63$218
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 20230871.262.61$21
Nov 202303177.892.81$87
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023218280.522.67$648
Jul 2023034274.852.64$904
Jun 20239068.962.26$621
May 2023060770.622.23$1,352
Apr 2023979278.122.24$2,475
Mar 2023979172.852.39$2,549
Feb 2023076875.112.47$1,894
Jan 20231168976.533.39$3,176
Dec 20221274076.415.73$5,156
Nov 2022571585.005.65$4,462
Oct 2022456887.185.86$3,679
Sep 20221061684.888.16$5,878
Aug 2022049594.529.13$4,518
Jul 20225750101.587.54$6,164
Jun 20229607115.097.98$5,878
May 20226898109.378.43$8,229
Apr 202291,333104.226.84$10,053
Mar 2022151,202108.885.08$7,735
Feb 2022181,20391.054.86$7,484
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210177.435.24$5
Oct 2021547579.795.71$3,113
Sep 20211498469.865.35$6,243
Aug 2021579066.024.22$3,664
Jul 20211388470.783.98$4,440
Jun 2021684869.493.38$3,284
May 2021864963.483.02$2,466
Apr 20211285560.362.76$3,083
Mar 2021687561.302.72$2,745
Feb 20211393657.805.55$5,944
Jan 20211074250.412.81$2,589
Dec 2020121,01244.642.68$3,243
Nov 2020161,07838.772.71$3,538
Oct 20201284436.972.48$2,535
Sep 2020697037.091.99$2,154
Aug 20201382639.982.39$2,490
Jul 20201498438.371.83$2,333
Jun 2020181,08734.901.69$2,466
May 2020151,12416.921.81$2,294
Apr 2020141,03514.751.80$2,074
Mar 2020221,13730.341.86$2,778
Feb 20201894149.881.98$2,762
Jan 2020161,15157.252.09$3,327
Dec 2019121,10559.012.30$3,254
Nov 201971,09555.302.75$3,399
Oct 201991,28453.472.42$3,587
Sep 201981,14655.052.66$3,486
Aug 2019131,22753.112.30$3,518
Jul 201971,16956.272.46$3,270
Jun 2019121,01952.782.49$3,172
May 2019141,22758.482.74$4,181
Apr 2019131,21362.632.75$4,151
Mar 2019211,26156.803.06$5,054
Feb 2019141,14550.852.79$3,909
Jan 2019181,13746.033.23$4,499
Dec 2018181,27046.594.19$6,154
Nov 2018111,07452.934.24$5,133
Oct 2018141,06361.443.40$4,472
Sep 201861,23459.543.11$4,193
Aug 20181292459.403.07$3,546
Jul 2018121,23965.142.93$4,414
Jun 2018191,24860.183.08$4,983
May 2018181,43865.382.90$5,348
Apr 2018161,13963.842.90$4,325
Mar 2018121,19961.222.79$4,076
Feb 20181997561.782.77$3,871
Jan 20181596762.874.01$4,820
Dec 2017171,29357.272.92$4,751
Nov 2017191,48055.423.12$5,668
Oct 2017261,61749.292.98$6,106
Sep 2017121,21547.523.09$4,321
Aug 2017171,51145.373.00$5,311
Jul 2017241,50843.873.09$5,709
Jun 2017181,35242.493.09$4,939
May 2017161,18345.373.26$4,587
Apr 2017261,17447.933.21$5,017
Mar 2017131,24546.772.98$4,323
Feb 2017301,35750.452.95$5,520
Jan 2017191,27249.413.42$5,288
Dec 2016281,38048.763.72$6,503
Nov 2016121,35942.492.64$4,104
Oct 2016191,48246.193.09$5,457
Sep 2016151,15441.553.10$4,201
Aug 2016221,30041.442.92$4,713
Jul 2016181,35541.622.92$4,712
Jun 2016121,28745.352.69$4,001
May 2016271,49342.521.99$4,121
Apr 2016201,55936.561.99$3,835
Mar 2016341,45633.011.79$3,734
Feb 2016201,59826.472.06$3,827
Jan 2016331,70027.352.36$4,922
Dec 2015221,59832.362.00$3,910
Nov 2015271,65138.792.17$4,626
Oct 2015181,64843.552.43$4,783
Sep 2015161,41042.992.76$4,577
Aug 2015321,54240.162.87$5,715
Jul 2015231,60648.152.95$5,837
Jun 2015161,52456.152.88$5,292
May 2015261,60955.212.96$6,191
Apr 2015181,74149.822.71$5,609
Mar 2015331,79242.892.93$6,674
Feb 2015351,75344.662.98$6,780
Jan 2015301,95243.433.10$7,355
Dec 2014272,05754.693.59$8,864
Nov 2014361,96170.464.25$10,874
Oct 2014302,10278.303.90$10,549
Sep 2014412,37786.164.05$13,149
Aug 2014302,66989.394.04$13,451
Jul 2014351,92996.564.18$11,442
Jun 2014532,97998.164.74$19,314
May 2014252,45794.734.73$13,981
Apr 2014393,53195.944.81$20,723
Mar 2014886,57295.895.06$41,672
Feb 2014645,78097.406.19$42,023
Jan 20140090.404.86$0
Dec 2013662891.824.35$3,286
Nov 2013766388.853.74$3,100
Oct 2013550397.423.78$2,388
Sep 20137888104.113.72$4,030
Aug 20135449104.253.52$2,103
Jul 201313889102.523.72$4,638
Jun 2013340194.403.93$1,861
May 2013992194.834.15$4,675
Apr 2013761993.964.28$3,309
Mar 20131395993.623.91$4,970
Feb 2013219391.233.42$843
Jan 20131077891.603.42$3,577
Dec 2012425586.773.42$1,219
Nov 2012118286.953.62$747
Oct 2012055989.383.40$1,900
Sep 2012041894.672.92$1,220
Aug 2012066192.662.91$1,922
Jul 2012028485.133.02$858
Jun 2012119279.822.52$563
May 2012426291.612.49$1,018
Apr 20123426101.652.00$1,156
Mar 20128640105.052.22$2,263
Feb 20126584101.102.57$2,108
Jan 20121277898.092.73$3,304
Dec 2011865196.873.24$2,884
Nov 2011954295.723.31$2,656
Oct 20111389484.983.65$4,367
Sep 201182,12383.623.99$9,131
Aug 201162,13983.404.15$9,376
Jul 201181,31794.144.52$6,702
Jun 2011122,67092.904.64$13,503
May 2011102,84798.134.40$13,522
Apr 201192,543105.964.33$11,973
Mar 2011142,94396.364.06$13,290
Feb 201182,85085.644.18$12,598
Jan 2011153,68286.504.59$18,193
Dec 2010153,60285.734.35$16,947
Nov 2010123,10580.843.80$12,755
Oct 2010232,65978.103.51$11,126
Sep 2010192,42972.633.98$11,046
Aug 2010171,77173.684.42$9,079
Jul 2010222,71972.554.74$14,475
Jun 2010152,72470.364.91$14,431
May 2010282,24371.124.24$11,491
Apr 20101022,75281.694.12$19,678
Mar 20101033,22678.394.39$22,232
Feb 2010683,91473.585.44$26,305
Jan 2010932,62174.365.96$22,547
Dec 2009913,54671.445.48$25,946
Nov 2009483,00674.593.75$14,857
Oct 2009463,06972.544.11$15,951
Sep 200941,77565.543.06$5,702
Aug 2009144,33767.423.22$14,903
Jul 2009133,95661.133.46$14,500
Jun 200972,66766.163.90$10,851
May 2009103,91954.743.93$15,932
Apr 2009164,98846.773.59$18,643
Mar 2009204,88942.144.06$20,687
Feb 2009164,37532.814.63$20,794
Jan 2009245,06035.865.37$28,038
Dec 2008225,15137.105.98$31,604
Nov 2008225,57755.496.86$39,481
Oct 2008246,50575.246.92$46,833
Sep 2008354,454101.767.88$38,646
Aug 2008317,019114.228.48$63,083
Jul 2008345,876131.0811.39$71,381
Jun 2008386,835131.3313.03$94,069
May 2008629,279123.1711.57$115,034
Apr 2008708,998110.3110.45$101,795
Mar 2008686,126101.909.66$66,131
Feb 20081078,36092.538.77$83,223
Jan 200811010,11690.388.21$92,951
Dec 20071159,45388.337.30$79,183
Nov 200718410,65391.677.29$94,546
Oct 200731012,63582.856.92$113,143
Sep 200734711,40275.846.24$97,512
Aug 200742515,95769.066.39$131,283
Jul 200798923,62270.906.39$221,016
Jun 20071,29837,44362.007.55$363,113
May 20072,27753,22358.747.85$551,354
Apr 20072,54683,28859.617.81$801,847

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.

Mar 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 89.75 =       $269
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $269

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/226735 is the state's own key, not one this site invented.