HORNADAY

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

Gas lease lease 275597District 04Field 75777050CondensateGasSaveExport
Value, all time
$262 k
Sep 2014 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
141
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
2001-08-18
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2002-04-09.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2003.

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
CondensateDisposition251 bbl$14,708
GasProduction74,922 Mcf$247,223
Total$261,931

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 26.7513, -98.9481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75133, -98.94814 · 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
9,000 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 9,000 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-4273426529,000 ftSep 2014

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 (141)

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

141 months

May 20260149106.413.05$454
Apr 20265417198.932.87$5,833
Mar 2026037689.753.15$1,184
Feb 202607763.503.75$289
Jan 2026039859.138.00$3,183
Dec 202502356.664.41$102
Nov 202509858.593.93$385
Oct 2025010459.383.30$344
Sep 2025025662.743.08$788
Aug 2025019963.933.01$600
Jul 2025030566.743.32$1,011
Jun 2025024966.483.13$779
May 2025051360.553.23$1,658
Apr 2025025762.363.54$911
Mar 202507467.704.27$316
Feb 2025013170.884.34$569
Jan 202503574.324.28$150
Dec 202405368.993.12$165
Nov 202404669.052.20$101
Oct 2024019071.372.28$433
Sep 2024012569.612.36$296
Aug 2024031575.632.06$650
Jul 2024019779.932.15$423
Jun 2024029078.082.63$764
May 2024016378.812.20$358
Apr 2024027384.451.66$453
Mar 2024074180.301.55$1,145
Feb 20240076.091.78$0
Jan 202402473.023.30$79
Dec 2023040071.262.61$1,044
Nov 2023053877.892.81$1,510
Oct 2023029385.443.09$905
Sep 2023037589.042.74$1,026
Aug 2023048180.522.67$1,286
Jul 2023064474.852.64$1,701
Jun 20230068.962.26$0
May 2023039870.622.23$887
Apr 2023049378.122.24$1,103
Mar 2023050172.852.39$1,199
Feb 2023046875.112.47$1,154
Jan 2023050076.533.39$1,694
Dec 2022048076.415.73$2,750
Nov 2022041785.005.65$2,354
Oct 2022049087.185.86$2,873
Sep 2022046684.888.16$3,804
Aug 2022082094.529.13$7,484
Jul 20220481101.587.54$3,628
Jun 20220464115.097.98$3,701
May 20220470109.378.43$3,964
Apr 20220480104.226.84$3,282
Mar 20220456108.885.08$2,315
Feb 2022042791.054.86$2,075
Jan 2022043481.844.54$1,969
Dec 2021049671.323.90$1,934
Nov 2021045577.435.24$2,383
Oct 2021033579.795.71$1,914
Sep 2021038169.865.35$2,039
Aug 2021042966.024.22$1,811
Jul 2021044170.783.98$1,756
Jun 2021039169.493.38$1,322
May 2021045463.483.02$1,370
Apr 2021045660.362.76$1,258
Mar 2021029161.302.72$791
Feb 2021042057.805.55$2,330
Jan 2021031650.412.81$888
Dec 2020034944.642.68$934
Nov 2020256638.772.71$1,609
Oct 2020257436.972.48$1,497
Sep 2020056737.091.99$1,129
Aug 2020357439.982.39$1,489
Jul 2020160838.371.83$1,148
Jun 2020359934.901.69$1,117
May 2020258916.921.81$1,103
Apr 2020157714.751.80$1,056
Mar 2020559230.341.86$1,251
Feb 2020155249.881.98$1,143
Jan 2020255657.252.09$1,279
Dec 2019059659.012.30$1,373
Nov 2019055755.302.75$1,532
Oct 2019057853.472.42$1,398
Sep 2019060255.052.66$1,600
Aug 2019061653.112.30$1,419
Jul 2019058656.272.46$1,442
Jun 2019058952.782.49$1,467
May 2019062158.482.74$1,702
Apr 2019064262.632.75$1,766
Mar 2019061456.803.06$1,880
Feb 2019053450.852.79$1,491
Jan 2019060046.033.23$1,937
Dec 2018058946.594.19$2,465
Nov 2018056552.934.24$2,394
Oct 2018061861.443.40$2,100
Sep 2018066459.543.11$2,064
Aug 20184447059.403.07$4,055
Jul 2018064565.142.93$1,891
Jun 2018064560.183.08$1,985
May 2018063965.382.90$1,854
Apr 2018060363.842.90$1,749
Mar 2018062661.222.79$1,745
Feb 2018056661.782.77$1,566
Jan 2018063962.874.01$2,562
Dec 2017060057.272.92$1,753
Nov 2017065055.423.12$2,027
Oct 2017068049.292.98$2,029
Sep 2017056247.523.09$1,735
Aug 2017052045.373.00$1,562
Jul 2017059643.873.09$1,840
Jun 2017052042.493.09$1,605
May 2017054445.373.26$1,775
Apr 2017044547.933.21$1,429
Mar 20174661946.772.98$3,998
Feb 2017054550.452.95$1,609
Jan 2017062949.413.42$2,150
Dec 2016065148.763.72$2,424
Nov 2016061242.492.64$1,618
Oct 2016062346.193.09$1,925
Sep 2016063141.553.10$1,957
Aug 2016068941.442.92$2,015
Jul 2016068841.622.92$2,012
Jun 2016063545.352.69$1,706
May 2016070842.521.99$1,410
Apr 2016072036.561.99$1,434
Mar 2016076133.011.79$1,365
Feb 2016068826.472.06$1,420
Jan 2016073527.352.36$1,738
Dec 20154061532.362.00$2,525
Nov 2015044838.792.17$971
Oct 2015047843.552.43$1,160
Sep 2015058142.992.76$1,603
Aug 2015068040.162.87$1,953
Jul 2015076248.152.95$2,244
Jun 20154591956.152.88$5,176
May 2015096055.212.96$2,837
Apr 2015095549.822.71$2,585
Mar 201501,04542.892.93$3,067
Feb 201501,03244.662.98$3,071
Jan 201501,32543.433.10$4,108
Dec 201401,39354.693.59$5,003
Nov 201401,51670.464.25$6,446
Oct 201401,36078.303.90$5,305
Sep 201403,02286.164.05$12,225

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                  149 Mcf  × $  3.05 =       $454

────────────────────────────────────────────────────
Month total                                     $454

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/275597 is the state's own key, not one this site invented.