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LAUREL, F. D.

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

Gas lease lease 235473District 04Field 638365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Feb 2008 – May 2026
Value, last 12 filed months
$375 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
condensate, gas

The MUNOZ (LOBO) field

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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1985-11-01
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 2008-04-24.

The Commission's schedule remark for this field reads: “PER DOCKET #04-0255143 RULE ONE AMENDED. STANDARD 40 ACRES”

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 Gas112009-05-01191127
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
CondensateDisposition16 bbl$1,297
GasProduction2,131,891 Mcf$9,113,729
Total$9,115,026

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 27.0119, -99.1123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.01189, -99.11230 · 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
13,930 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 13,930 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-505360061213,930 ftJun 2008——

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 (220)

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

220 months

May 202603,007106.413.05$9,159
Apr 202603,95198.932.87$11,338
Mar 202604,98389.753.15$15,694
Feb 202606,68463.503.75$25,067
Jan 202607,34459.138.00$58,737
Dec 202507,96156.664.41$35,135
Nov 202507,51558.593.93$29,507
Oct 202508,64459.383.30$28,567
Sep 202509,03662.743.08$27,803
Aug 2025010,65363.933.01$32,116
Jul 2025014,70766.743.32$48,757
Jun 2025016,87066.483.13$52,782
May 202509,58760.553.23$30,988
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 202304,10471.262.61$10,714
Nov 202306,46777.892.81$18,156
Oct 202306,91685.443.09$21,352
Sep 202306,84289.042.74$18,713
Aug 202306,52980.522.67$17,451
Jul 202306,63174.852.64$17,518
Jun 202306,56968.962.26$14,836
May 202306,85270.622.23$15,262
Apr 202306,02878.122.24$13,489
Mar 202306,10272.852.39$14,603
Feb 202305,95475.112.47$14,681
Jan 202306,64076.533.39$22,494
Dec 202206,71976.415.73$38,494
Nov 202206,63885.005.65$37,479
Oct 202205,76987.185.86$33,828
Sep 202206,61184.888.16$53,970
Aug 202207,13694.529.13$65,131
Jul 202206,963101.587.54$52,516
Jun 202203,447115.097.98$27,497
May 202203,790109.378.43$31,961
Apr 202202,771104.226.84$18,947
Mar 202203,838108.885.08$19,483
Feb 202203,67491.054.86$17,851
Jan 202204,75381.844.54$21,568
Dec 202103,82971.323.90$14,930
Nov 202103,42077.435.24$17,910
Oct 202104,28379.795.71$24,473
Sep 202104,26469.865.35$22,816
Aug 202103,54166.024.22$14,945
Jul 202104,53370.783.98$18,051
Jun 202105,26569.493.38$17,799
May 202106,06363.483.02$18,296
Apr 202106,84460.362.76$18,879
Mar 202105,68761.302.72$15,451
Feb 202105,24957.805.55$29,121
Jan 202106,06250.412.81$17,036
Dec 202003,72044.642.68$9,953
Nov 202005,89838.772.71$15,963
Oct 202004,85536.972.48$12,033
Sep 202005,36437.091.99$10,680
Aug 202005,63439.982.39$13,438
Jul 202005,61238.371.83$10,243
Jun 202005,85134.901.69$9,890
May 202005,68316.921.81$10,313
Apr 202005,68014.751.80$10,249
Mar 202006,24930.341.86$11,600
Feb 202005,76549.881.98$11,419
Jan 202006,67557.252.09$13,982
Dec 201906,48959.012.30$14,953
Nov 201906,18655.302.75$17,016
Oct 201906,48153.472.42$15,675
Sep 201916,22455.052.66$16,594
Aug 201906,70753.112.30$15,455
Jul 201906,75956.272.46$16,628
Jun 201906,45152.782.49$16,071
May 201906,74458.482.74$18,481
Apr 201906,57762.632.75$18,091
Mar 201906,91556.803.06$21,174
Feb 201905,89350.852.79$16,455
Jan 201906,45446.033.23$20,835
Dec 201807,11046.594.19$29,758
Nov 201806,28152.934.24$26,614
Oct 201806,76161.443.40$22,974
Sep 201806,44959.543.11$20,043
Aug 201807,08059.403.07$21,711
Jul 201807,06065.142.93$20,699
Jun 201806,91760.183.08$21,283
May 201807,22665.382.90$20,961
Apr 201807,10463.842.90$20,607
Mar 201807,39261.222.79$20,600
Feb 201806,64161.782.77$18,370
Jan 201807,50862.874.01$30,102
Dec 201707,76257.272.92$22,677
Nov 201707,93755.423.12$24,750
Oct 201708,54449.292.98$25,493
Sep 201708,16347.523.09$25,201
Aug 201708,40745.373.00$25,258
Jul 201708,64343.873.09$26,683
Jun 201708,45942.493.09$26,115
May 201708,61145.373.26$28,101
Apr 201708,36447.933.21$26,862
Mar 201708,61446.772.98$25,701
Feb 201707,99150.452.95$23,594
Jan 201708,94549.413.42$30,581
Dec 201609,05548.763.72$33,710
Nov 201608,70442.492.64$23,016
Oct 201609,01246.193.09$27,849
Sep 201608,45341.553.10$26,210
Aug 201609,24841.442.92$27,044
Jul 201609,07941.622.92$26,550
Jun 201609,17645.352.69$24,645
May 201609,42842.521.99$18,772
Apr 201609,32836.561.99$18,572
Mar 2016010,19733.011.79$18,294
Feb 201607,48926.472.06$15,455
Jan 201608,64527.352.36$20,440
Dec 201509,11532.362.00$18,243
Nov 201508,93038.792.17$19,354
Oct 201508,85043.552.43$21,475
Sep 201508,83842.992.76$24,379
Aug 201509,20040.162.87$26,427
Jul 201509,43748.152.95$27,793
Jun 201508,83456.152.88$25,467
May 201509,49555.212.96$28,062
Apr 201509,02049.822.71$24,413
Mar 201509,44742.892.93$27,724
Feb 201508,54844.662.98$25,440
Jan 201509,38243.433.10$29,090
Dec 2014010,08854.693.59$36,230
Nov 2014010,53870.464.25$44,806
Oct 2014010,22378.303.90$39,880
Sep 201409,87786.164.05$39,957
Aug 201408,58089.394.04$34,621
Jul 201409,05996.564.18$37,863
Jun 201409,11698.164.74$43,181
May 201439,81494.734.73$46,671
Apr 201429,42095.944.81$45,494
Mar 2014010,23095.895.06$51,731
Feb 201409,76297.406.19$60,446
Jan 2014010,98890.404.86$53,410
Dec 2013110,48691.824.35$45,753
Nov 2013010,72088.853.74$40,074
Oct 2013111,98097.423.78$45,374
Sep 2013014,260104.113.72$53,015
Aug 201303,013104.253.52$10,614
Jul 201304,567102.523.72$16,979
Jun 201309,85294.403.93$38,752
May 2013010,37894.834.15$43,059
Apr 2013010,52193.964.28$45,057
Mar 2013010,89493.623.91$42,627
Feb 201309,99891.233.42$34,192
Jan 2013110,98591.603.42$37,659
Dec 2012011,14086.773.42$38,101
Nov 2012010,54686.953.62$38,229
Oct 2012011,25789.383.40$38,270
Sep 201209,68494.672.92$28,262
Aug 2012010,61792.662.91$30,876
Jul 2012010,73285.133.02$32,419
Jun 2012010,68279.822.52$26,908
May 2012011,77291.612.49$29,293
Apr 2012012,213101.652.00$24,387
Mar 2012012,040105.052.22$26,754
Feb 2012012,282101.102.57$31,568
Jan 2012013,22598.092.73$36,158
Dec 2011013,38596.873.24$43,364
Nov 2011013,47695.723.31$44,623
Oct 2011013,86584.983.65$50,587
Sep 2011014,32083.623.99$57,077
Aug 2011014,60983.404.15$60,617
Jul 2011015,00094.144.52$67,759
Jun 2011014,29392.904.64$66,318
May 2011014,55298.134.40$64,099
Apr 2011014,667105.964.33$63,556
Mar 2011015,75896.364.06$63,936
Feb 2011011,72585.644.18$49,010
Jan 2011015,23786.504.59$69,919
Dec 2010014,60585.734.35$63,499
Nov 2010014,71680.843.80$55,852
Oct 2010015,68178.103.51$55,023
Sep 2010215,57872.633.98$62,137
Aug 2010116,76073.684.42$74,142
Jul 2010017,18372.554.74$81,387
Jun 2010117,09870.364.91$84,028
May 2010018,30071.124.24$77,505
Apr 2010117,27081.694.12$71,281
Mar 2010118,11978.394.39$79,597
Feb 2010016,39273.585.44$89,211
Jan 2010018,14874.365.96$108,236
Dec 2009019,11971.445.48$104,844
Nov 2009019,71374.593.75$73,953
Oct 2009020,47772.544.11$84,166
Sep 2009021,91665.543.06$67,167
Aug 2009025,08567.423.22$80,736
Jul 2009022,58061.133.46$78,228
Jun 2009022,81766.163.90$88,872
May 2009024,14854.743.93$94,799
Apr 2009024,29246.773.59$87,148
Mar 2009024,52642.144.06$99,551
Feb 2009022,70332.814.63$105,183
Jan 2009126,85135.865.37$144,253
Dec 2008028,93037.105.98$172,919
Nov 2008030,95655.496.86$212,369
Oct 2008034,01075.246.92$235,417
Sep 2008036,473101.767.88$287,301
Aug 2008044,668114.228.48$378,920
Jul 2008058,728131.0811.39$668,878
Jun 2008015,911131.3313.03$207,362
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20080506101.909.66$4,890
Feb 2008011,73692.538.77$102,932

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             0 bbl  × $106.41 =         $0
Gas                3,007 Mcf  × $  3.05 =     $9,159

────────────────────────────────────────────────────
Month total                                   $9,159

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/235473 is the state's own key, not one this site invented.