CANALES, EDUARDO

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 242255District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Aug 2008 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
214
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 Gas112009-01-23188357
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
CondensateDisposition16,091 bbl$1,168,898
GasProduction915,304 Mcf$4,186,656
Total$5,355,554

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 26.7425, -98.9396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74250, -98.93962 · 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
8,450 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 8,450 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4273425518,450 ftAug 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 (214)

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

214 months

May 20260129106.413.05$393
Apr 2026025098.932.87$717
Mar 202618341089.753.15$17,716
Feb 2026022863.503.75$855
Jan 2026042859.138.00$3,423
Dec 2025053756.664.41$2,370
Nov 2025079958.593.93$3,137
Oct 202501,12659.383.30$3,721
Sep 202501,52062.743.08$4,677
Aug 202501,70863.933.01$5,149
Jul 202501,13566.743.32$3,763
Jun 20250066.483.13$0
May 202501,30660.553.23$4,221
Apr 2025089362.363.54$3,164
Mar 2025089367.704.27$3,812
Feb 202501,10170.884.34$4,779
Jan 202501,82374.324.28$7,800
Dec 202401,47368.993.12$4,598
Nov 20241711,40769.052.20$14,901
Oct 202402,07271.372.28$4,727
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202403079.932.15$64
Jun 20240078.082.63$0
May 20240378.812.20$7
Apr 2024013684.451.66$226
Mar 2024014680.301.55$226
Feb 2024060976.091.78$1,086
Jan 2024060573.023.30$1,995
Dec 2023087471.262.61$2,282
Nov 202301,31077.892.81$3,678
Oct 202301,46285.443.09$4,514
Sep 202301,27489.042.74$3,484
Aug 202301,35680.522.67$3,624
Jul 2023073274.852.64$1,934
Jun 20230068.962.26$0
May 202301,01670.622.23$2,263
Apr 202301,23178.122.24$2,755
Mar 202301,15872.852.39$2,771
Feb 20231801,25575.112.47$16,614
Jan 202301,46276.533.39$4,953
Dec 202201,71376.415.73$9,814
Nov 202201,26985.005.65$7,165
Oct 2022089287.185.86$5,230
Sep 2022094884.888.16$7,739
Aug 202201,13694.529.13$10,368
Jul 202201,250101.587.54$9,428
Jun 202201,018115.097.98$8,121
May 202201,632109.378.43$13,763
Apr 20220984104.226.84$6,728
Mar 20220769108.885.08$3,904
Feb 2022084191.054.86$4,086
Jan 2022095581.844.54$4,333
Dec 2021084071.323.90$3,275
Nov 2021080577.435.24$4,216
Oct 2021075979.795.71$4,337
Sep 2021089269.865.35$4,773
Aug 2021083066.024.22$3,503
Jul 2021075970.783.98$3,022
Jun 2021041869.493.38$1,413
May 2021098363.483.02$2,966
Apr 202101,33960.362.76$3,694
Mar 20211821,08461.302.72$14,102
Feb 202101,16857.805.55$6,480
Jan 202101,28050.412.81$3,597
Dec 202001,26544.642.68$3,384
Nov 202001,49238.772.71$4,038
Oct 202001,60936.972.48$3,988
Sep 202001,63537.091.99$3,255
Aug 202001,74539.982.39$4,162
Jul 202001,96438.371.83$3,585
Jun 202001,65934.901.69$2,804
May 202001,79716.921.81$3,261
Apr 2020461,83114.751.80$3,982
Mar 202001,97030.341.86$3,657
Feb 202001,86449.881.98$3,692
Jan 202002,01057.252.09$4,210
Dec 201901,97959.012.30$4,560
Nov 201902,00455.302.75$5,512
Oct 201902,11153.472.42$5,106
Sep 201902,05955.052.66$5,471
Aug 201902,10753.112.30$4,855
Jul 201902,19556.272.46$5,400
Jun 201902,09852.782.49$5,227
May 201902,08958.482.74$5,725
Apr 201902,11962.632.75$5,829
Mar 201902,12156.803.06$6,495
Feb 201901,76550.852.79$4,928
Jan 201902,03646.033.23$6,573
Dec 201802,05946.594.19$8,618
Nov 201802,01052.934.24$8,517
Oct 201802,02761.443.40$6,888
Sep 201801,82259.543.11$5,663
Aug 201801,62059.403.07$4,968
Jul 201802,22965.142.93$6,535
Jun 201802,24360.183.08$6,902
May 2018712,03965.382.90$10,557
Apr 201801,86263.842.90$5,401
Mar 201802,21261.222.79$6,164
Feb 201801,85861.782.77$5,139
Jan 201802,13162.874.01$8,544
Dec 201702,25557.272.92$6,588
Nov 201702,36055.423.12$7,359
Oct 201702,36449.292.98$7,053
Sep 201701,55847.523.09$4,810
Aug 201701,90945.373.00$5,735
Jul 201702,09043.873.09$6,452
Jun 201701,76542.493.09$5,449
May 201701,66545.373.26$5,434
Apr 201702,01547.933.21$6,471
Mar 201702,47846.772.98$7,394
Feb 201702,25550.452.95$6,658
Jan 201702,54149.413.42$8,687
Dec 201602,49948.763.72$9,303
Nov 201602,52242.492.64$6,669
Oct 201602,65546.193.09$8,205
Sep 201602,63341.553.10$8,164
Aug 201602,70141.442.92$7,899
Jul 201602,73741.622.92$8,004
Jun 201602,66345.352.69$7,152
May 20161392,69442.521.99$11,274
Apr 201602,41636.561.99$4,810
Mar 201602,85333.011.79$5,118
Feb 201603,03526.472.06$6,263
Jan 201602,23727.352.36$5,289
Dec 201502,51232.362.00$5,028
Nov 201502,50438.792.17$5,427
Oct 201502,83943.552.43$6,889
Sep 201502,76442.992.76$7,624
Aug 201503,00040.162.87$8,617
Jul 201503,00448.152.95$8,847
Jun 201502,94556.152.88$8,490
May 20151902,87855.212.96$18,996
Apr 20151902,83349.822.71$17,134
Mar 201503,10242.892.93$9,103
Feb 201502,43244.662.98$7,238
Jan 201503,13243.433.10$9,711
Dec 201403,08354.693.59$11,072
Nov 201402,97270.464.25$12,636
Oct 201403,26678.303.90$12,741
Sep 201403,03886.164.05$12,290
Aug 201402,50389.394.04$10,100
Jul 201403,38996.564.18$14,165
Jun 201403,23898.164.74$15,338
May 201403,33094.734.73$15,739
Apr 201403,08895.944.81$14,851
Mar 20141923,50995.895.06$36,155
Feb 201403,33397.406.19$20,638
Jan 201403,69090.404.86$17,936
Dec 201303,74391.824.35$16,299
Nov 20131933,80388.853.74$31,365
Oct 201303,86297.423.78$14,596
Sep 201303,892104.113.72$14,469
Aug 201304,041104.253.52$14,235
Jul 201304,284102.523.72$15,927
Jun 201304,21394.403.93$16,571
May 20131914,21894.834.15$35,613
Apr 201303,91593.964.28$16,766
Mar 201301,79493.623.91$7,020
Feb 201304,23491.233.42$14,480
Jan 201304,25791.603.42$14,559
Dec 20123884,98086.773.42$50,699
Nov 201204,70086.953.62$17,037
Oct 201204,01589.383.40$13,650
Sep 20121925,17294.672.92$33,271
Aug 201204,70292.662.91$13,674
Jul 201204,94485.133.02$14,935
Jun 201205,39479.822.52$13,588
May 201205,71391.612.49$14,216
Apr 20121934,702101.652.00$29,007
Mar 201205,438105.052.22$12,084
Feb 201204,721101.102.57$12,134
Jan 20121935,45798.092.73$33,851
Dec 201105,81096.873.24$18,823
Nov 20111945,77495.723.31$37,689
Oct 201106,39484.983.65$23,329
Sep 201106,83383.623.99$27,235
Aug 20111867,61683.404.15$47,114
Jul 201108,31394.144.52$37,552
Jun 20111926,82492.904.64$49,499
May 20111927,63398.134.40$52,463
Apr 201108,208105.964.33$35,568
Mar 20111937,73896.364.06$49,993
Feb 20112638,72485.644.18$58,989
Jan 201105,43086.504.59$24,917
Dec 20101935,83785.734.35$41,924
Nov 201006,59480.843.80$25,026
Oct 20101916,80578.103.51$38,795
Sep 20103826,98072.633.98$55,521
Aug 20101916,55273.684.42$43,029
Jul 20101919,00372.554.74$56,500
Jun 201007,58770.364.91$37,255
May 20101919,22271.124.24$52,641
Apr 201038210,45381.694.12$74,300
Mar 201037311,33878.394.39$78,998
Feb 201006,82373.585.44$37,133
Jan 20101919,77374.365.96$72,490
Dec 200938710,40171.445.48$84,684
Nov 200919312,11774.593.75$59,853
Oct 200957016,81172.544.11$110,445
Sep 200905,70265.543.06$17,475
Aug 200918910,65267.423.22$47,026
Jul 200938111,17761.133.46$62,013
Jun 200919111,42066.163.90$57,117
May 200938713,00154.743.93$72,223
Apr 200957514,11246.773.59$77,520
Mar 200939118,25942.144.06$90,590
Feb 200958519,32932.814.63$108,745
Jan 200939124,48235.865.37$145,514
Dec 20081,12829,29237.105.98$216,931
Nov 200878834,88255.496.86$283,029
Oct 20081,18936,37675.246.92$341,254
Sep 20081,56156,108101.767.88$600,815
Aug 200878645,344114.228.48$474,431

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                  129 Mcf  × $  3.05 =       $393

────────────────────────────────────────────────────
Month total                                     $393

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/242255 is the state's own key, not one this site invented.