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 237457District 04Field 780167502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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 Gas112008-12-18187927
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
CondensateDisposition5,239 bbl$413,828
GasProduction1,085,886 Mcf$5,204,361
Total$5,618,190

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 26.4889, -99.0001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
6,850 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 6,850 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-427342392H6,850 ftApr 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 (218)

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

218 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 202301,78070.622.23$3,965
Apr 202302,31378.122.24$5,176
Mar 202303,08972.852.39$7,392
Feb 2023090775.112.47$2,236
Jan 202301,97276.533.39$6,681
Dec 202202,27676.415.73$13,039
Nov 202202,46585.005.65$13,918
Oct 2022142,86487.185.86$18,014
Sep 202202,63084.888.16$21,470
Aug 2022183,00894.529.13$29,156
Jul 202202,802101.587.54$21,133
Jun 202202,618115.097.98$20,884
May 202202,765109.378.43$23,317
Apr 202202,470104.226.84$16,889
Mar 202202,619108.885.08$13,295
Feb 202201,76091.054.86$8,552
Jan 202202,61181.844.54$11,848
Dec 202102,62371.323.90$10,227
Nov 202102,82377.435.24$14,784
Oct 202102,60279.795.71$14,867
Sep 202102,85369.865.35$15,266
Aug 202103,18466.024.22$13,438
Jul 202101,53570.783.98$6,112
Jun 2021029469.493.38$994
May 202102,76663.483.02$8,347
Apr 202103,06660.362.76$8,457
Mar 202103,29261.302.72$8,944
Feb 202102,74657.805.55$15,235
Jan 202102,56250.412.81$7,200
Dec 202002,93044.642.68$7,839
Nov 202002,20738.772.71$5,973
Oct 2020732,26636.972.48$8,315
Sep 202002,18237.091.99$4,344
Aug 202002,25339.982.39$5,374
Jul 202002,31938.371.83$4,232
Jun 202002,26634.901.69$3,830
May 202002,30116.921.81$4,176
Apr 202002,23614.751.80$4,035
Mar 202002,03930.341.86$3,785
Feb 202002,25149.881.98$4,458
Jan 2020382,42257.252.09$7,249
Dec 201902,50559.012.30$5,772
Nov 201902,24055.302.75$6,162
Oct 201902,42453.472.42$5,863
Sep 201902,38955.052.66$6,348
Aug 201902,49853.112.30$5,756
Jul 201902,62656.272.46$6,460
Jun 201902,62452.782.49$6,537
May 201902,46358.482.74$6,749
Apr 201902,67962.632.75$7,369
Mar 201902,73256.803.06$8,366
Feb 201901,91050.852.79$5,333
Jan 201902,59746.033.23$8,384
Dec 201802,44246.594.19$10,221
Nov 201802,60752.934.24$11,046
Oct 201802,92461.443.40$9,936
Sep 201803,26859.543.11$10,157
Aug 201802,14659.403.07$6,581
Jul 2018892,88765.142.93$14,262
Jun 201802,77160.183.08$8,526
May 201803,01865.382.90$8,755
Apr 201802,87163.842.90$8,328
Mar 201803,06761.222.79$8,547
Feb 201802,88861.782.77$7,989
Jan 201803,08862.874.01$12,381
Dec 201703,47757.272.92$10,158
Nov 201703,44055.423.12$10,727
Oct 201703,45849.292.98$10,318
Sep 201702,98447.523.09$9,212
Aug 201703,59545.373.00$10,801
Jul 201703,41943.873.09$10,555
Jun 20171063,04142.493.09$13,892
May 201703,28545.373.26$10,720
Apr 201703,43447.933.21$11,029
Mar 201704,35146.772.98$12,982
Feb 201703,75050.452.95$11,072
Jan 201704,17249.413.42$14,263
Dec 201604,00448.763.72$14,906
Nov 201603,96242.492.64$10,477
Oct 201604,10246.193.09$12,676
Sep 201604,03341.553.10$12,505
Aug 201604,24341.442.92$12,408
Jul 201604,53741.622.92$13,268
Jun 20161214,51045.352.69$17,600
May 201604,65942.521.99$9,276
Apr 201604,61336.561.99$9,185
Mar 201604,79433.011.79$8,600
Feb 201604,42126.472.06$9,123
Jan 201604,82627.352.36$11,410
Dec 201504,70032.362.00$9,407
Nov 201504,35838.792.17$9,445
Oct 201504,39943.552.43$10,675
Sep 201504,47142.992.76$12,333
Aug 201504,52140.162.87$12,987
Jul 201504,58348.152.95$13,497
Jun 201504,53456.152.88$13,071
May 201504,65855.212.96$13,766
Apr 201504,32749.822.71$11,711
Mar 201504,65442.892.93$13,658
Feb 201504,56344.662.98$13,580
Jan 201504,90943.433.10$15,221
Dec 201404,63854.693.59$16,657
Nov 201404,51470.464.25$19,193
Oct 201404,30578.303.90$16,794
Sep 2014824,79686.164.05$26,467
Aug 201404,46189.394.04$18,001
Jul 201404,81296.564.18$20,112
Jun 201404,24598.164.74$20,108
May 201404,60294.734.73$21,752
Apr 20141166,01795.944.81$40,066
Mar 201405,27695.895.06$26,680
Feb 201404,51897.406.19$27,975
Jan 20141045,05290.404.86$33,958
Dec 201305,02991.824.35$21,899
Nov 201304,94888.853.74$18,497
Oct 201304,11697.423.78$15,556
Sep 201304,200104.113.72$15,615
Aug 201304,645104.253.52$16,363
Jul 201304,571102.523.72$16,994
Jun 201304,65994.403.93$18,326
May 201304,83894.834.15$20,073
Apr 201304,64193.964.28$19,876
Mar 201304,99893.623.91$19,557
Feb 201304,54591.233.42$15,543
Jan 2013465,05391.603.42$21,494
Dec 2012895,40586.773.42$26,208
Nov 201205,28286.953.62$19,147
Oct 2012925,54189.383.40$27,061
Sep 201205,71594.672.92$16,679
Aug 201206,05392.662.91$17,603
Jul 201205,24385.133.02$15,838
Jun 201206,29379.822.52$15,852
May 201207,59691.612.49$18,901
Apr 201203,269101.652.00$6,528
Mar 2012655,564105.052.22$19,192
Feb 201205,453101.102.57$14,016
Jan 201206,15898.092.73$16,836
Dec 20111244,50496.873.24$26,604
Nov 201104,76895.723.31$15,788
Oct 201105,66284.983.65$20,658
Sep 20111095,57783.623.99$31,343
Aug 201105,79083.404.15$24,025
Jul 201105,53994.144.52$25,021
Jun 2011865,97492.904.64$35,708
May 201107,23498.134.40$31,864
Apr 2011236,714105.964.33$31,531
Mar 201105,35696.364.06$21,731
Feb 2011673,95785.644.18$22,278
Jan 201104,20986.504.59$19,314
Dec 2010754,39085.734.35$25,516
Nov 201004,73080.843.80$17,952
Oct 201005,75978.103.51$20,208
Sep 2010878,19972.633.98$38,946
Aug 20108711,32073.684.42$56,437
Jul 2010014,25972.554.74$67,538
Jun 20108811,35970.364.91$61,969
May 20108214,28871.124.24$66,345
Apr 20107813,40281.694.12$61,624
Mar 20108214,34178.394.39$69,366
Feb 20107813,48773.585.44$79,140
Jan 20107815,28374.365.96$96,949
Dec 20095115,56571.445.48$88,998
Nov 20095015,75574.593.75$62,834
Oct 20095019,49372.544.11$83,748
Sep 2009496,86865.543.06$24,260
Aug 2009015,91267.423.22$51,213
Jul 20094816,83761.133.46$61,266
Jun 20094716,67066.163.90$68,039
May 200915718,36654.743.93$80,695
Apr 200912818,30346.773.59$71,649
Mar 200913318,75942.144.06$81,747
Feb 200925417,20332.814.63$88,035
Jan 200912519,33735.865.37$108,342
Dec 200825819,74037.105.98$127,561
Nov 200814519,23755.496.86$140,019
Oct 200835020,16275.246.92$165,895
Sep 200817820,552101.767.88$180,003
Aug 200836333,741114.228.48$327,687
Jul 200835222,870131.0811.39$306,616
Jun 200830422,100131.3313.03$327,945
May 2008026,303123.1711.57$304,439
Apr 2008012,543110.3110.45$131,135

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                1,780 Mcf  × $  2.23 =     $3,965

────────────────────────────────────────────────────
Month total                                   $3,965

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/237457 is the state's own key, not one this site invented.