VARVEL

Operated by FINALY RESOURCES LLC (P-5 268323) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188965District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$1.7 M
May 2002 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
289
no gaps in the span
Streams
1
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112007-02-08172842
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
GasProduction339,135 Mcf$1,662,188
Total$1,662,188

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 31.1330, -96.4570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.13296, -96.45698 · 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
12,836 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 12,836 ft.

Completions filed
May 2002
1 of 1 wells

1 well

42-39530726112,836 ftMay 2002

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 (289)

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

289 months

May 2026277106.413.05$844
Apr 202624498.932.87$700
Mar 202627989.753.15$879
Feb 202626063.503.75$975
Jan 202633759.138.00$2,695
Dec 202550256.664.41$2,216
Nov 202519058.593.93$746
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 20255367.704.27$226
Feb 20258370.884.34$360
Jan 20257974.324.28$338
Dec 202410068.993.12$312
Nov 20248469.052.20$185
Oct 202414671.372.28$333
Sep 20244969.612.36$116
Aug 20249875.632.06$202
Jul 20244379.932.15$92
Jun 20243778.082.63$97
May 20245078.812.20$110
Apr 20246384.451.66$105
Mar 20246780.301.55$104
Feb 20247576.091.78$134
Jan 20245373.023.30$175
Dec 20237671.262.61$198
Nov 20237077.892.81$197
Oct 20234285.443.09$130
Sep 20234489.042.74$120
Aug 20236680.522.67$176
Jul 202311174.852.64$293
Jun 202313068.962.26$294
May 202316370.622.23$363
Apr 202315678.122.24$349
Mar 202311372.852.39$270
Feb 202311375.112.47$279
Jan 202314076.533.39$474
Dec 202215076.415.73$859
Nov 202215085.005.65$847
Oct 202216087.185.86$938
Sep 202216384.888.16$1,331
Aug 202217894.529.13$1,625
Jul 2022178101.587.54$1,342
Jun 2022205115.097.98$1,635
May 2022280109.378.43$2,361
Apr 2022183104.226.84$1,251
Mar 2022185108.885.08$939
Feb 202219291.054.86$933
Jan 202221881.844.54$989
Dec 202121671.323.90$842
Nov 202122077.435.24$1,152
Oct 202124179.795.71$1,377
Sep 202124469.865.35$1,306
Aug 202126266.024.22$1,106
Jul 202125070.783.98$996
Jun 202127369.493.38$923
May 202131063.483.02$935
Apr 202131860.362.76$877
Mar 202136061.302.72$978
Feb 202127557.805.55$1,526
Jan 202138650.412.81$1,085
Dec 202056244.642.68$1,504
Nov 202059238.772.71$1,602
Oct 202069436.972.48$1,720
Sep 202094037.091.99$1,872
Aug 2020039.982.39$0
Jul 202023538.371.83$429
Jun 202025534.901.69$431
May 202026416.921.81$479
Apr 202033614.751.80$606
Mar 202050930.341.86$945
Feb 2020349.881.98$6
Jan 202032157.252.09$672
Dec 201924959.012.30$574
Nov 201928855.302.75$792
Oct 2019753.472.42$17
Sep 20191255.052.66$32
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201922352.782.49$556
May 201930758.482.74$841
Apr 2019062.632.75$0
Mar 201940156.803.06$1,228
Feb 201954150.852.79$1,511
Jan 201973546.033.23$2,373
Dec 201843646.594.19$1,825
Nov 201868052.934.24$2,881
Oct 201872561.443.40$2,464
Sep 201872359.543.11$2,247
Aug 201857159.403.07$1,751
Jul 20184765.142.93$138
Jun 201858460.183.08$1,797
May 201845965.382.90$1,331
Apr 201869163.842.90$2,004
Mar 201836861.222.79$1,026
Feb 201851661.782.77$1,427
Jan 20183862.874.01$152
Dec 201712457.272.92$362
Nov 20179055.423.12$281
Oct 201713949.292.98$415
Sep 201715747.523.09$485
Aug 201711945.373.00$358
Jul 201719743.873.09$608
Jun 20176942.493.09$213
May 201719945.373.26$649
Apr 201742047.933.21$1,349
Mar 201724246.772.98$722
Feb 201717950.452.95$529
Jan 201739849.413.42$1,361
Dec 201631748.763.72$1,180
Nov 201630142.492.64$796
Oct 201643246.193.09$1,335
Sep 201649541.553.10$1,535
Aug 201674241.442.92$2,170
Jul 201662241.622.92$1,819
Jun 201621845.352.69$586
May 201654942.521.99$1,093
Apr 201655636.561.99$1,107
Mar 201651433.011.79$922
Feb 201673226.472.06$1,511
Jan 201658027.352.36$1,371
Dec 201555532.362.00$1,111
Nov 201547638.792.17$1,032
Oct 201544243.552.43$1,073
Sep 201548442.992.76$1,335
Aug 201572740.162.87$2,088
Jul 201547148.152.95$1,387
Jun 201550456.152.88$1,453
May 201566855.212.96$1,974
Apr 201555349.822.71$1,497
Mar 201543942.892.93$1,288
Feb 201562944.662.98$1,872
Jan 201551143.433.10$1,584
Dec 201438654.693.59$1,386
Nov 201437070.464.25$1,573
Oct 201473378.303.90$2,859
Sep 201480386.164.05$3,248
Aug 201475389.394.04$3,038
Jul 201483396.564.18$3,482
Jun 201474998.164.74$3,548
May 201486394.734.73$4,079
Apr 201494695.944.81$4,549
Mar 201499395.895.06$5,021
Feb 201496697.406.19$5,981
Jan 201498790.404.86$4,798
Dec 201367191.824.35$2,922
Nov 201362588.853.74$2,336
Oct 201375497.423.78$2,850
Sep 2013777104.113.72$2,889
Aug 2013895104.253.52$3,153
Jul 2013983102.523.72$3,655
Jun 201378594.403.93$3,088
May 201395394.834.15$3,954
Apr 20131,00793.964.28$4,313
Mar 20131,13793.623.91$4,449
Feb 201394791.233.42$3,239
Jan 20131,18991.603.42$4,066
Dec 20121,07986.773.42$3,690
Nov 201298686.953.62$3,574
Oct 201220789.383.40$704
Sep 201240194.672.92$1,170
Aug 201218692.662.91$541
Jul 201232785.133.02$988
Jun 201287579.822.52$2,204
May 201299691.612.49$2,478
Apr 2012916101.652.00$1,829
Mar 20121,416105.052.22$3,146
Feb 20121,308101.102.57$3,362
Jan 20121,27798.092.73$3,491
Dec 20111,37496.873.24$4,451
Nov 20111,25895.723.31$4,166
Oct 20111,32084.983.65$4,816
Sep 20111,46783.623.99$5,847
Aug 20111,52883.404.15$6,340
Jul 20111,47694.144.52$6,667
Jun 20111,69292.904.64$7,851
May 20111,61898.134.40$7,127
Apr 20112,055105.964.33$8,905
Mar 20111,81896.364.06$7,376
Feb 201147185.644.18$1,969
Jan 201186486.504.59$3,965
Dec 201099885.734.35$4,339
Nov 20101,32180.843.80$5,014
Oct 201069478.103.51$2,435
Sep 201040272.633.98$1,600
Aug 201041773.684.42$1,843
Jul 201057472.554.74$2,719
Jun 201059870.364.91$2,936
May 201092771.124.24$3,926
Apr 20101,54081.694.12$6,349
Mar 20101,76378.394.39$7,737
Feb 201046073.585.44$2,503
Jan 201083074.365.96$4,950
Dec 20091,09171.445.48$5,983
Nov 20091,12174.593.75$4,205
Oct 20091,33672.544.11$5,491
Sep 20091,09465.543.06$3,353
Aug 200982567.423.22$2,655
Jul 200979161.133.46$2,740
Jun 20091,10566.163.90$4,304
May 20091,37354.743.93$5,390
Apr 20091,31946.773.59$4,732
Mar 20091,35642.144.06$5,504
Feb 20091,18232.814.63$5,476
Jan 20091,40535.865.37$7,546
Dec 20081,47537.105.98$8,816
Nov 20081,45355.496.86$9,968
Oct 20081,51675.246.92$10,494
Sep 20081,474101.767.88$11,611
Aug 20081,283114.228.48$10,884
Jul 20081,539131.0811.39$17,528
Jun 20081,514131.3313.03$19,731
May 20081,916123.1711.57$22,176
Apr 20081,527110.3110.45$15,965
Mar 20081,800101.909.66$17,395
Feb 20081,73892.538.77$15,243
Jan 20081,97590.388.21$16,206
Dec 20071,98288.337.30$14,473
Nov 20072,03591.677.29$14,839
Oct 20072,07082.856.92$14,329
Sep 20072,32875.846.24$14,536
Aug 20072,31669.066.39$14,794
Jul 20072,59670.906.39$16,583
Jun 200733662.007.55$2,536
May 200753858.747.85$4,221
Apr 200766659.617.81$5,198
Mar 200774456.927.30$5,433
Feb 200732855.108.22$2,695
Jan 200769050.306.73$4,642
Dec 200680756.656.92$5,583
Nov 200640154.207.62$3,055
Oct 20061,11954.906.01$6,729
Sep 20061,25060.085.04$6,297
Aug 20061,44468.717.34$10,599
Jul 20061,83269.376.34$11,620
Jun 20061,63766.286.38$10,450
May 20061,23166.016.42$7,909
Apr 20062,68664.397.36$19,770
Mar 200677756.707.08$5,503
Feb 200673957.597.75$5,728
Jan 200655760.598.93$4,976
Dec 200549154.9413.42$6,587
Nov 200577054.6910.59$8,153
Oct 20051,28858.3413.80$17,769
Sep 200574561.4512.08$8,999
Aug 20051,02461.519.80$10,032
Jul 20051,01855.697.84$7,985
Jun 20051,55052.337.38$11,441
May 200590045.226.65$5,986
Apr 20052,60149.207.36$19,145
Mar 20051,50050.377.15$10,732
Feb 20051,67145.226.31$10,547
Jan 200545343.166.32$2,864
Dec 20041,42139.866.75$9,593
Nov 20042,51445.286.33$15,915
Oct 20041,84449.706.52$12,014
Sep 20041,52443.245.28$8,053
Aug 20041,75842.375.55$9,758
Jul 20041,57938.286.08$9,607
Jun 20041,70436.106.43$10,962
May 20041,98537.486.49$12,892
Apr 20042,07134.475.86$12,133
Mar 20041,86034.365.53$10,286
Feb 20041,96332.455.51$10,815
Jan 20042,29232.036.30$14,439
Dec 20032,13630.266.30$13,460
Nov 20032,49728.804.60$11,474
Oct 20032,52428.174.76$12,013
Sep 20033,05326.314.75$14,500
Aug 20033,44929.765.13$17,692
Jul 20033,99529.415.17$20,658
Jun 20034,21428.565.98$25,212
May 20034,45526.595.97$26,608
Apr 20034,25126.675.41$22,986
Mar 20034,86531.146.10$29,657
Feb 20034,57233.487.93$36,237
Jan 20035,46130.315.58$30,484
Dec 20028,24726.914.85$40,029
Nov 20026,43524.664.14$26,621
Oct 20028,30026.464.23$35,102
Sep 200211,08827.443.64$40,307
Aug 200212,31525.963.16$38,967
Jul 200214,46824.583.06$44,298
Jun 200220,85023.733.34$69,602
May 200215,42124.663.58$55,269

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
Gas                  277 Mcf  × $  3.05 =       $844

────────────────────────────────────────────────────
Month total                                     $844

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. 05/G/188965 is the state's own key, not one this site invented.