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 233215District 04Field 780167502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 Gas112008-12-18187929
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
CondensateDisposition3,301 bbl$284,010
GasProduction810,129 Mcf$5,008,096
Total$5,292,106

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 26.4759, -99.0158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47586, -99.01579 · 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
Dec 2007
1 of 1 wells

1 well

42-4273414547,250 ftDec 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 (222)

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

222 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 202301,01870.622.23$2,267
Apr 202301,42178.122.24$3,180
Mar 202301,59772.852.39$3,822
Feb 2023048275.112.47$1,188
Jan 202301,25376.533.39$4,245
Dec 202201,45376.415.73$8,324
Nov 202201,21485.005.65$6,854
Oct 2022477387.185.86$4,881
Sep 2022085484.888.16$6,972
Aug 202281,32194.529.13$12,813
Jul 20220423101.587.54$3,190
Jun 20220990115.097.98$7,897
May 20220865109.378.43$7,295
Apr 202201,275104.226.84$8,718
Mar 202201,485108.885.08$7,538
Feb 2022085291.054.86$4,140
Jan 202201,01781.844.54$4,615
Dec 202101,35471.323.90$5,279
Nov 202101,71677.435.24$8,986
Oct 2021086479.795.71$4,937
Sep 2021034069.865.35$1,819
Aug 2021068566.024.22$2,891
Jul 2021023670.783.98$940
Jun 202103169.493.38$105
May 2021032663.483.02$984
Apr 2021034760.362.76$957
Mar 2021037661.302.72$1,022
Feb 2021036657.805.55$2,031
Jan 2021032950.412.81$925
Dec 2020041744.642.68$1,116
Nov 2020036438.772.71$985
Oct 20202371536.972.48$2,622
Sep 202001,12737.091.99$2,244
Aug 202001,21939.982.39$2,907
Jul 202001,11638.371.83$2,037
Jun 2020090534.901.69$1,530
May 202001,19516.921.81$2,169
Apr 2020081614.751.80$1,472
Mar 202001,07930.341.86$2,003
Feb 202001,31149.881.98$2,597
Jan 2020191,28457.252.09$3,777
Dec 201901,51459.012.30$3,489
Nov 201901,56255.302.75$4,297
Oct 201901,87553.472.42$4,535
Sep 201901,96055.052.66$5,208
Aug 201902,43453.112.30$5,609
Jul 201901,57156.272.46$3,865
Jun 2019095652.782.49$2,382
May 2019091658.482.74$2,510
Apr 201901,12262.632.75$3,086
Mar 201901,33956.803.06$4,100
Feb 2019033950.852.79$947
Jan 201901,33446.033.23$4,306
Dec 201801,32346.594.19$5,537
Nov 2018099952.934.24$4,233
Oct 2018091561.443.40$3,109
Sep 201801,01759.543.11$3,161
Aug 2018078659.403.07$2,410
Jul 2018331,05565.142.93$5,243
Jun 2018092260.183.08$2,837
May 2018091665.382.90$2,657
Apr 2018088963.842.90$2,579
Mar 201801,14161.222.79$3,180
Feb 201801,19161.782.77$3,294
Jan 201801,26462.874.01$5,068
Dec 2017093457.272.92$2,729
Nov 201701,54055.423.12$4,802
Oct 201701,87249.292.98$5,585
Sep 201701,28647.523.09$3,970
Aug 201702,16245.373.00$6,496
Jul 201701,48443.873.09$4,582
Jun 20173592442.493.09$4,340
May 2017058445.373.26$1,906
Apr 2017077847.933.21$2,499
Mar 201701,19146.772.98$3,554
Feb 201701,08850.452.95$3,212
Jan 201701,49149.413.42$5,097
Dec 201601,81248.763.72$6,746
Nov 201601,66242.492.64$4,395
Oct 201601,63346.193.09$5,046
Sep 201602,11641.553.10$6,561
Aug 201602,06341.442.92$6,033
Jul 2016082741.622.92$2,418
Jun 20162282845.352.69$3,222
May 201601,01542.521.99$2,021
Apr 2016085236.561.99$1,696
Mar 2016088933.011.79$1,595
Feb 2016092526.472.06$1,909
Jan 201601,35127.352.36$3,194
Dec 201501,59732.362.00$3,196
Nov 201501,56438.792.17$3,390
Oct 201501,71243.552.43$4,154
Sep 201501,60442.992.76$4,425
Aug 201501,94640.162.87$5,590
Jul 201501,83248.152.95$5,395
Jun 201501,85756.152.88$5,353
May 201501,92955.212.96$5,701
Apr 201501,41149.822.71$3,819
Mar 201501,81042.892.93$5,312
Feb 201501,68744.662.98$5,021
Jan 201501,50443.433.10$4,663
Dec 201403,06454.693.59$11,004
Nov 201401,90470.464.25$8,096
Oct 201402,91978.303.90$11,387
Sep 2014274,17586.164.05$19,216
Aug 201403,70789.394.04$14,958
Jul 201402,26196.564.18$9,450
Jun 201401,16398.164.74$5,509
May 2014028094.734.73$1,323
Apr 2014251,30095.944.81$8,650
Mar 201402,10695.895.06$10,650
Feb 201402,12697.406.19$13,164
Jan 2014401,92590.404.86$12,973
Dec 201302,59491.824.35$11,296
Nov 201302,61288.853.74$9,764
Oct 201302,02097.423.78$7,634
Sep 201302,689104.113.72$9,997
Aug 201301,960104.253.52$6,904
Jul 201302,171102.523.72$8,071
Jun 201302,45794.403.93$9,664
May 201302,82694.834.15$11,725
Apr 201303,53993.964.28$15,156
Mar 201303,85293.623.91$15,072
Feb 201303,13791.233.42$10,728
Jan 2013232,54191.603.42$10,797
Dec 2012602,71086.773.42$14,475
Nov 201203,23586.953.62$11,727
Oct 2012643,64889.383.40$18,122
Sep 201203,14194.672.92$9,167
Aug 201202,14392.662.91$6,232
Jul 201204,02385.133.02$12,153
Jun 201201,56879.822.52$3,950
May 2012069191.612.49$1,719
Apr 20120346101.652.00$691
Mar 2012773,104105.052.22$14,986
Feb 201202,940101.102.57$7,557
Jan 201202,66098.092.73$7,273
Dec 2011492,86296.873.24$14,019
Nov 201101,92595.723.31$6,374
Oct 201102,21284.983.65$8,071
Sep 2011502,41083.623.99$13,787
Aug 201103,48583.404.15$14,460
Jul 201103,34194.144.52$15,092
Jun 2011464,08192.904.64$23,209
May 201103,56298.134.40$15,690
Apr 2011163,787105.964.33$18,105
Mar 201103,29496.364.06$13,365
Feb 2011443,55585.644.18$18,628
Jan 201103,46586.504.59$15,900
Dec 2010433,33385.734.35$18,177
Nov 201003,65080.843.80$13,853
Oct 201004,41578.103.51$15,492
Sep 2010334,61872.633.98$20,774
Aug 2010285,61373.684.42$26,869
Jul 201005,24572.554.74$24,843
Jun 2010294,08470.364.91$22,095
May 2010324,51371.124.24$21,389
Apr 2010325,90181.694.12$26,942
Mar 2010356,74278.394.39$32,332
Feb 2010326,71573.585.44$38,900
Jan 2010376,68874.365.96$42,639
Dec 2009746,67271.445.48$41,874
Nov 2009767,92374.593.75$35,392
Oct 20097210,47472.544.11$48,274
Sep 2009683,88065.543.06$16,348
Aug 200907,34867.423.22$23,650
Jul 2009778,93261.133.46$35,652
Jun 2009799,74966.163.90$43,199
May 200911310,81454.743.93$48,639
Apr 20091611,84146.773.59$43,228
Mar 20091713,59642.144.06$55,903
Feb 20094012,67732.814.63$60,045
Jan 20092017,63035.865.37$95,408
Dec 20083917,62237.105.98$106,776
Nov 20082216,58055.496.86$114,966
Oct 20081417,29375.246.92$120,755
Sep 2008417,640101.767.88$139,359
Aug 2008814,798114.228.48$126,445
Jul 20081016,910131.0811.39$193,906
Jun 20084417,817131.3313.03$237,981
May 200815018,831123.1711.57$236,431
Apr 200831624,485110.3110.45$290,845
Mar 200815636,485101.909.66$368,490
Feb 200833848,45892.538.77$456,280
Jan 200848191,04590.388.21$790,563
Dec 200710143,68588.337.30$327,908

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                1,018 Mcf  × $  2.23 =     $2,267

────────────────────────────────────────────────────
Month total                                   $2,267

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/233215 is the state's own key, not one this site invented.