SOUTHWEST TEXAS CORP. D

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 228238District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Jul 2007 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
227
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 Gas112007-11-26177507
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
CondensateDisposition33,489 bbl$2,581,179
GasProduction1,428,992 Mcf$8,486,102
Total$11,067,281

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 26.7676, -98.9211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.76756, -98.92106 · 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
Jul 2007
1 of 1 wells

1 well

42-4273411799,200 ftJul 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 (227)

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

227 months

May 20263436106.413.05$1,647
Apr 2026436998.932.87$1,455
Mar 2026430789.753.15$1,326
Feb 2026029563.503.75$1,106
Jan 2026981059.138.00$7,010
Dec 2025131,16256.664.41$5,865
Nov 2025761158.593.93$2,809
Oct 2025131,02659.383.30$4,163
Sep 2025121,05562.743.08$3,999
Aug 2025574663.933.01$2,569
Jul 20251065566.743.32$2,839
Jun 2025010966.483.13$341
May 202503160.553.23$100
Apr 20250462.363.54$14
Mar 20250067.704.27$0
Feb 20250670.884.34$26
Jan 20250374.324.28$13
Dec 20241049368.993.12$2,229
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024058669.612.36$1,386
Aug 2024210075.632.06$358
Jul 2024028579.932.15$612
Jun 20241264878.082.63$2,644
May 2024097678.812.20$2,146
Apr 2024211,24884.451.66$3,844
Mar 2024131,32980.301.55$3,097
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230171.262.61$3
Nov 20230177.892.81$3
Oct 202302185.443.09$65
Sep 2023047089.042.74$1,285
Aug 2023252,68480.522.67$9,187
Jul 202304774.852.64$124
Jun 202316068.962.26$1,103
May 202301,26970.622.23$2,827
Apr 2023221,96678.122.24$6,118
Mar 2023252,14672.852.39$6,957
Feb 202301,87275.112.47$4,616
Jan 2023372,24976.533.39$10,451
Dec 2022422,47676.415.73$17,394
Nov 2022182,43285.005.65$15,262
Oct 202291,26187.185.86$8,179
Sep 2022191,17384.888.16$11,189
Aug 202201,67094.529.13$15,242
Jul 2022152,038101.587.54$16,894
Jun 2022372,479115.097.98$24,034
May 2022152,027109.378.43$18,734
Apr 2022131,981104.226.84$14,900
Mar 2022241,884108.885.08$12,177
Feb 2022231,55391.054.86$9,640
Jan 2022253,33381.844.54$17,170
Dec 2021362,71771.323.90$13,161
Nov 2021121,28877.435.24$7,674
Oct 2021547179.795.71$3,090
Sep 2021966969.865.35$4,209
Aug 2021571166.024.22$3,331
Jul 20211069970.783.98$3,491
Jun 2021688069.493.38$3,392
May 2021141,05163.483.02$4,060
Apr 2021161,13260.362.76$4,088
Mar 2021111,60161.302.72$5,024
Feb 2021217357.805.55$1,075
Jan 2021201,49150.412.81$5,198
Dec 2020231,93044.642.68$6,190
Nov 2020271,85338.772.71$6,062
Oct 2020291,95336.972.48$5,913
Sep 2020101,67237.091.99$3,700
Aug 2020311,93639.982.39$5,857
Jul 2020282,01738.371.83$4,756
Jun 2020301,78934.901.69$4,071
May 2020201,46816.921.81$3,002
Apr 2020201,49014.751.80$2,984
Mar 2020291,51630.341.86$3,694
Feb 2020261,38949.881.98$4,048
Jan 2020271,92957.252.09$5,587
Dec 2019191,78359.012.30$5,230
Nov 2019111,76655.302.75$5,466
Oct 2019131,87453.472.42$5,227
Sep 2019131,87655.052.66$5,701
Aug 2019221,99353.112.30$5,761
Jul 2019111,94356.272.46$5,399
Jun 2019211,90052.782.49$5,842
May 2019212,00558.482.74$6,722
Apr 2019232,11662.632.75$7,261
Mar 2019352,16356.803.06$8,611
Feb 2019231,87150.852.79$6,394
Jan 2019342,15646.033.23$8,525
Dec 2018322,19046.594.19$10,657
Nov 2018212,03052.934.24$9,713
Oct 2018282,09861.443.40$8,849
Sep 2018102,17859.543.11$7,365
Aug 2018221,68859.403.07$6,483
Jul 2018222,25865.142.93$8,053
Jun 2018332,17460.183.08$8,675
May 2018292,22265.382.90$8,342
Apr 2018302,13763.842.90$8,114
Mar 2018222,25661.222.79$7,634
Feb 2018402,01561.782.77$8,045
Jan 2018342,24862.874.01$11,151
Dec 2017282,19457.272.92$8,013
Nov 2017272,09555.423.12$8,029
Oct 2017432,66649.292.98$10,074
Sep 2017202,04747.523.09$7,270
Aug 2017302,64545.373.00$9,308
Jul 2017412,62043.873.09$9,887
Jun 2017251,88842.493.09$6,891
May 2017282,12645.373.26$8,208
Apr 2017442,18147.933.21$9,113
Mar 2017272,56246.772.98$8,907
Feb 2017512,36550.452.95$9,556
Jan 2017402,64149.413.42$11,005
Dec 2016552,67348.763.72$12,633
Nov 2016192,21842.492.64$6,672
Oct 2016322,55146.193.09$9,361
Sep 2016362,84241.553.10$10,308
Aug 2016482,87841.442.92$10,405
Jul 2016362,76341.622.92$9,578
Jun 2016252,68345.352.69$8,340
May 2016452,84742.521.99$7,582
Apr 2016362,87036.561.99$7,030
Mar 2016692,95133.011.79$7,572
Feb 2016352,80126.472.06$6,707
Jan 2016623,17227.352.36$9,195
Dec 2015352,50232.362.00$6,140
Nov 2015422,62338.792.17$7,314
Oct 2015332,97243.552.43$8,649
Sep 2015322,85542.992.76$9,251
Aug 2015563,04240.162.87$10,987
Jul 2015443,08548.152.95$11,204
Jun 2015312,91956.152.88$10,156
May 2015503,05555.212.96$11,789
Apr 2015312,91949.822.71$9,445
Mar 2015583,11742.892.93$11,635
Feb 2015572,82044.662.98$10,938
Jan 2015503,24243.433.10$12,224
Dec 2014433,25354.693.59$14,034
Nov 2014432,35170.464.25$13,026
Oct 2014322,26878.303.90$11,353
Sep 2014623,56186.164.05$19,748
Aug 2014402,72689.394.04$14,575
Jul 2014653,64296.564.18$21,499
Jun 2014603,43098.164.74$22,137
May 2014323,15094.734.73$17,920
Apr 2014423,86895.944.81$22,631
Mar 2014523,83695.895.06$24,384
Feb 2014333,00497.406.19$21,815
Jan 2014593,33790.404.86$21,554
Dec 2013292,86991.824.35$15,156
Nov 2013292,85188.853.74$13,234
Oct 2013403,69597.423.78$17,862
Sep 2013283,576104.113.72$16,210
Aug 2013403,429104.253.52$16,249
Jul 2013453,090102.523.72$16,101
Jun 2013263,50394.403.93$16,233
May 2013333,25794.834.15$16,643
Apr 2013444,13593.964.28$21,843
Mar 2013594,31093.623.91$22,388
Feb 2013273,49791.233.42$14,423
Jan 20131034,78491.603.42$25,796
Dec 20122025,13486.773.42$35,087
Nov 20121334,39786.953.62$27,503
Oct 20123384,84989.383.40$46,695
Sep 20122995,49994.672.92$44,355
Aug 20122892,83792.662.91$35,029
Jul 20121184,26885.133.02$22,938
Jun 2012432,98279.822.52$10,944
May 2012611,00291.612.49$8,082
Apr 2012132314101.652.00$14,045
Mar 20122564,349105.052.22$36,557
Feb 20121812,793101.102.57$25,478
Jan 20124144,09898.092.73$51,814
Dec 20113644,50196.873.24$49,843
Nov 20113624,50695.723.31$49,571
Oct 20114714,86684.983.65$57,779
Sep 20113245,28883.623.99$48,170
Aug 20112563,79183.404.15$37,080
Jul 20113155,87094.144.52$56,170
Jun 20111875,01892.904.64$40,655
May 20111244,94198.134.40$33,932
Apr 2011903,318105.964.33$23,914
Mar 20111353,44496.364.06$26,982
Feb 2011923,22985.644.18$21,376
Jan 20112015,81086.504.59$44,047
Dec 20101715,51085.734.35$38,616
Nov 2010893,68480.843.80$21,177
Oct 20101525,51078.103.51$31,205
Sep 20101495,67472.633.98$33,401
Aug 20101235,08973.684.42$31,553
Jul 20101415,74672.554.74$37,445
Jun 2010965,85970.364.91$35,525
May 2010944,78671.124.24$26,955
Apr 20102296,08181.694.12$43,777
Mar 20101956,45378.394.39$43,606
Feb 20101676,38373.585.44$47,026
Jan 20102297,28974.365.96$60,501
Dec 20092376,94371.445.48$55,005
Nov 20091508,19674.593.75$41,936
Oct 20092679,54472.544.11$58,596
Sep 20091132,84665.543.06$16,128
Aug 20093738,10967.423.22$51,246
Jul 20094107,85361.133.46$52,270
Jun 20092707,45666.163.90$46,904
May 20093339,81954.743.93$56,775
Apr 200930211,00246.773.59$53,594
Mar 200915210,44742.144.06$48,810
Feb 200913211,08332.814.63$55,678
Jan 200916213,71835.865.37$79,489
Dec 20081297,53037.105.98$49,794
Nov 200814911,12355.496.86$84,576
Oct 200828814,11875.246.92$119,394
Sep 200838715,747101.767.88$163,422
Aug 200835415,057114.228.48$168,163
Jul 200844018,186131.0811.39$264,803
Jun 200842719,825131.3313.03$314,450
May 200825521,892123.1711.57$284,793
Apr 20082323,793110.3110.45$251,290
Mar 20083024,767101.909.66$242,407
Feb 20085737,25492.538.77$332,013
Jan 20086861,10190.388.21$507,524
Dec 20076655,18488.337.30$408,782
Nov 200772051,69491.677.29$442,940
Oct 20072,11864,33082.856.92$620,767
Sep 20073,48691,48475.846.24$835,619
Aug 20074,233127,16469.066.39$1,104,647
Jul 20076,131185,61970.906.39$1,620,411

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             3 bbl  × $106.41 =       $319
Gas                  436 Mcf  × $  3.05 =     $1,328

────────────────────────────────────────────────────
Month total                                   $1,647

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/228238 is the state's own key, not one this site invented.