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 190141District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2002 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
287
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 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 Gas112007-02-08172841
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
CondensateDisposition188 bbl$11,402
GasProduction238,903 Mcf$1,387,974
Total$1,399,376

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 31.1354, -96.4591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.13539, -96.45906 · 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
12,633 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 12,633 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-39530741212,633 ftAug 2016

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 (287)

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

287 months

May 20260277106.413.05$844
Apr 2026024398.932.87$697
Mar 2026027889.753.15$876
Feb 2026026063.503.75$975
Jan 2026033659.138.00$2,687
Dec 2025050156.664.41$2,211
Nov 2025019158.593.93$750
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 202505367.704.27$226
Feb 202508470.884.34$365
Jan 202507874.324.28$334
Dec 202409968.993.12$309
Nov 202408469.052.20$185
Oct 2024014571.372.28$331
Sep 202404969.612.36$116
Aug 202409875.632.06$202
Jul 202404379.932.15$92
Jun 202403778.082.63$97
May 202405078.812.20$110
Apr 202406384.451.66$105
Mar 202406680.301.55$102
Feb 202407476.091.78$132
Jan 202405373.023.30$175
Dec 202307671.262.61$198
Nov 202306977.892.81$194
Oct 202304185.443.09$127
Sep 202304489.042.74$120
Aug 202306680.522.67$176
Jul 2023011174.852.64$293
Jun 2023013068.962.26$294
May 2023016270.622.23$361
Apr 2023015678.122.24$349
Mar 2023011472.852.39$273
Feb 2023011475.112.47$281
Jan 2023011876.533.39$400
Dec 2022012276.415.73$699
Nov 2022012985.005.65$728
Oct 2022015287.185.86$891
Sep 2022016284.888.16$1,323
Aug 2022017094.529.13$1,552
Jul 20220178101.587.54$1,342
Jun 20220150115.097.98$1,197
May 20220101109.378.43$852
Apr 20220180104.226.84$1,231
Mar 20220180108.885.08$914
Feb 2022019191.054.86$928
Jan 2022021581.844.54$976
Dec 2021021571.323.90$838
Nov 2021022077.435.24$1,152
Oct 2021024279.795.71$1,383
Sep 2021024469.865.35$1,306
Aug 2021026266.024.22$1,106
Jul 2021025070.783.98$996
Jun 2021027369.493.38$923
May 2021031063.483.02$935
Apr 2021031860.362.76$877
Mar 2021036061.302.72$978
Feb 2021027557.805.55$1,526
Jan 2021038650.412.81$1,085
Dec 2020026144.642.68$698
Nov 2020030538.772.71$826
Oct 2020035836.972.48$887
Sep 2020048437.091.99$964
Aug 20200039.982.39$0
Jul 2020023538.371.83$429
Jun 2020025534.901.69$431
May 2020026416.921.81$479
Apr 2020033614.751.80$606
Mar 2020050930.341.86$945
Feb 20200349.881.98$6
Jan 2020032157.252.09$672
Dec 2019024959.012.30$574
Nov 2019028855.302.75$792
Oct 20190053.472.42$0
Sep 201901055.052.66$27
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201909652.782.49$239
May 2019011558.482.74$315
Apr 20190062.632.75$0
Mar 2019016556.803.06$505
Feb 2019022250.852.79$620
Jan 2019030146.033.23$972
Dec 2018017946.594.19$749
Nov 2018027952.934.24$1,182
Oct 2018029861.443.40$1,013
Sep 2018029759.543.11$923
Aug 2018023559.403.07$721
Jul 201801965.142.93$56
Jun 201818124060.183.08$11,631
May 2018018965.382.90$548
Apr 2018028363.842.90$821
Mar 2018015161.222.79$421
Feb 2018028461.782.77$786
Jan 201808762.874.01$349
Dec 2017029257.272.92$853
Nov 2017021155.423.12$658
Oct 2017021249.292.98$633
Sep 2017021447.523.09$661
Aug 2017028545.373.00$856
Jul 2017024643.873.09$759
Jun 2017017742.493.09$546
May 2017015545.373.26$506
Apr 2017039147.933.21$1,256
Mar 2017035046.772.98$1,044
Feb 2017024250.452.95$715
Jan 201702649.413.42$89
Dec 20160048.763.72$0
Nov 201606442.492.64$169
Oct 201601346.193.09$40
Sep 201602541.553.10$78
Aug 2016111241.442.92$369
Jul 2016035441.622.92$1,035
Jun 2016031645.352.69$849
May 2016036542.521.99$727
Apr 2016027036.561.99$538
Mar 2016042033.011.79$753
Feb 2016024326.472.06$501
Jan 2016027427.352.36$648
Dec 2015040632.362.00$813
Nov 2015046638.792.17$1,010
Oct 2015041243.552.43$1,000
Sep 2015242542.992.76$1,258
Aug 2015024140.162.87$692
Jul 2015038548.152.95$1,134
Jun 2015054556.152.88$1,571
May 2015037155.212.96$1,096
Apr 2015048049.822.71$1,299
Mar 2015071442.892.93$2,095
Feb 2015049944.662.98$1,485
Jan 2015058443.433.10$1,811
Dec 2014062154.693.59$2,230
Nov 2014060870.464.25$2,585
Oct 2014039578.303.90$1,541
Sep 2014043286.164.05$1,748
Aug 2014040689.394.04$1,638
Jul 2014044996.564.18$1,877
Jun 2014040498.164.74$1,914
May 2014046494.734.73$2,193
Apr 2014144595.944.81$2,236
Mar 2014042695.895.06$2,154
Feb 2014041497.406.19$2,563
Jan 2014040390.404.86$1,959
Dec 2013051291.824.35$2,229
Nov 2013051288.853.74$1,914
Oct 2013161697.423.78$2,426
Sep 20130457104.113.72$1,699
Aug 20130461104.253.52$1,624
Jul 20130529102.523.72$1,967
Jun 2013046194.403.93$1,813
May 2013031894.834.15$1,319
Apr 2013033693.964.28$1,439
Mar 2013044293.623.91$1,729
Feb 2013036891.233.42$1,259
Jan 2013053591.603.42$1,830
Dec 2012064586.773.42$2,206
Nov 2012042386.953.62$1,533
Oct 2012079289.383.40$2,693
Sep 2012056194.672.92$1,637
Aug 2012080392.662.91$2,335
Jul 2012049585.133.02$1,495
Jun 2012031179.822.52$783
May 2012046191.612.49$1,147
Apr 20120332101.652.00$663
Mar 20120471105.052.22$1,047
Feb 20120506101.102.57$1,301
Jan 2012050198.092.73$1,370
Dec 2011053896.873.24$1,743
Nov 2011058895.723.31$1,947
Oct 2011041084.983.65$1,496
Sep 2011047583.623.99$1,893
Aug 2011045283.404.15$1,875
Jul 2011247994.144.52$2,352
Jun 2011067092.904.64$3,109
May 2011087298.134.40$3,841
Apr 20110694105.964.33$3,007
Mar 2011079096.364.06$3,205
Feb 2011045985.644.18$1,919
Jan 2011046086.504.59$2,111
Dec 2010079485.734.35$3,452
Nov 201001,02480.843.80$3,886
Oct 2010083478.103.51$2,926
Sep 2010093972.633.98$3,737
Aug 2010041773.684.42$1,843
Jul 2010057472.554.74$2,719
Jun 2010059870.364.91$2,936
May 2010061871.124.24$2,617
Apr 2010075881.694.12$3,125
Mar 2010086878.394.39$3,809
Feb 2010071373.585.44$3,880
Jan 2010040974.365.96$2,439
Dec 2009053771.445.48$2,945
Nov 2009055274.593.75$2,071
Oct 2009065872.544.11$2,705
Sep 2009053965.543.06$1,652
Aug 2009040667.423.22$1,307
Jul 2009038961.133.46$1,348
Jun 2009054566.163.90$2,123
May 2009067654.743.93$2,654
Apr 2009065746.773.59$2,357
Mar 2009067942.144.06$2,756
Feb 2009059132.814.63$2,738
Jan 2009073035.865.37$3,921
Dec 2008073837.105.98$4,411
Nov 2008072755.496.86$4,987
Oct 2008075875.246.92$5,247
Sep 20080737101.767.88$5,805
Aug 20080800114.228.48$6,786
Jul 20080811131.0811.39$9,237
Jun 20080758131.3313.03$9,879
May 20080958123.1711.57$11,088
Apr 20080763110.3110.45$7,977
Mar 20080900101.909.66$8,698
Feb 2008087092.538.77$7,630
Jan 2008098890.388.21$8,107
Dec 2007099188.337.30$7,236
Nov 200701,01891.677.29$7,423
Oct 200701,03582.856.92$7,164
Sep 200701,16475.846.24$7,268
Aug 200701,15869.066.39$7,397
Jul 200701,29770.906.39$8,285
Jun 200702,81962.007.55$21,279
May 2007094358.747.85$7,399
Apr 200701,07159.617.81$8,359
Mar 200701,42956.927.30$10,435
Feb 2007098655.108.22$8,101
Jan 200701,01650.306.73$6,834
Dec 200601,60856.656.92$11,125
Nov 2006096354.207.62$7,336
Oct 200601,69754.906.01$10,205
Sep 200602,07060.085.04$10,427
Aug 200601,36668.717.34$10,026
Jul 200601,61569.376.34$10,244
Jun 200601,56866.286.38$10,010
May 200602,61566.016.42$16,801
Apr 200601,76564.397.36$12,991
Mar 200602,43056.707.08$17,212
Feb 200602,23657.597.75$17,332
Jan 200601,61760.598.93$14,445
Dec 200501,67454.9413.42$22,457
Nov 200502,37654.6910.59$25,158
Oct 200502,59658.3413.80$35,814
Sep 200502,05361.4512.08$24,798
Aug 200501,84161.519.80$18,036
Jul 200502,31455.697.84$18,150
Jun 200502,86252.337.38$21,125
May 200502,43145.226.65$16,169
Apr 200503,61949.207.36$26,638
Mar 200502,64250.377.15$18,903
Feb 200501,85245.226.31$11,690
Jan 200501,27143.166.32$8,036
Dec 200401,74339.866.75$11,767
Nov 200401,30845.286.33$8,280
Oct 200402,08749.706.52$13,597
Sep 200402,99043.245.28$15,799
Aug 200402,86342.375.55$15,892
Jul 200402,45838.286.08$14,955
Jun 200402,36736.106.43$15,227
May 200402,65937.486.49$17,269
Apr 200402,74934.475.86$16,105
Mar 200403,13134.365.53$17,315
Feb 200403,13332.455.51$17,262
Jan 200403,53032.036.30$22,238
Dec 200303,42130.266.30$21,558
Nov 200303,24528.804.60$14,911
Oct 200303,64928.174.76$17,368
Sep 200303,31826.314.75$15,758
Aug 200303,36729.765.13$17,272
Jul 200303,31429.415.17$17,136
Jun 200303,45028.565.98$20,641
May 200304,05426.595.97$24,213
Apr 200304,62626.675.41$25,014
Mar 200305,77031.146.10$35,174
Feb 200306,56533.487.93$52,033
Jan 200307,68630.315.58$42,904
Dec 200204,88726.914.85$23,720
Nov 200202,45124.664.14$10,140
Oct 200202,60326.464.23$11,008
Sep 2002075727.443.64$2,752
Aug 200203,44825.963.16$10,910
Jul 20020024.583.06$0

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                  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/190141 is the state's own key, not one this site invented.