EDWARDS SW UNIT

Operated by VARGAS ENERGY, LTD. (P-5 882868) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264115District 09Field 65280200GasSaveExport
Value, all time
$10.6 M
Nov 2011 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
175
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and 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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
GasProduction3,158,500 Mcf$10,574,625
Total$10,574,625

Every month this lease reported (175)

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

175 months

May 20266,095106.413.05$18,564
Apr 20266,69398.932.87$19,207
Mar 20267,42889.753.15$23,394
Feb 20265,21263.503.75$19,547
Jan 20266,43559.138.00$51,467
Dec 20255,87856.664.41$25,942
Nov 20251,19258.593.93$4,680
Oct 20251,78759.383.30$5,906
Sep 20255,78062.743.08$17,785
Aug 20256,63663.933.01$20,006
Jul 20257,01066.743.32$23,240
Jun 20255,83866.483.13$18,265
May 20257,23860.553.23$23,396
Apr 20257,04162.363.54$24,947
Mar 20257,48767.704.27$31,957
Feb 20256,51870.884.34$28,294
Jan 20258,38074.324.28$35,855
Dec 20248,12268.993.12$25,352
Nov 20247,19269.052.20$15,811
Oct 20247,30571.372.28$16,666
Sep 20246,61369.612.36$15,636
Aug 20246,83975.632.06$14,113
Jul 20247,03479.932.15$15,099
Jun 20246,96878.082.63$18,354
May 20247,92078.812.20$17,412
Apr 20247,66184.451.66$12,711
Mar 20248,39880.301.55$12,976
Feb 20248,38076.091.78$14,947
Jan 20248,90373.023.30$29,359
Dec 20238,28671.262.61$21,632
Nov 20237,75077.892.81$21,759
Oct 20238,43285.443.09$26,032
Sep 20238,31389.042.74$22,736
Aug 20236,82080.522.67$18,229
Jul 20237,71674.852.64$20,384
Jun 20238,70168.962.26$19,651
May 20238,63670.622.23$19,236
Apr 20239,77578.122.24$21,874
Mar 20238,69372.852.39$20,804
Feb 20237,14975.112.47$17,627
Jan 20239,04076.533.39$30,625
Dec 20229,05776.415.73$51,888
Nov 20229,04285.005.65$51,053
Oct 20229,83487.185.86$57,664
Sep 20229,82584.888.16$80,208
Aug 20229,98494.529.13$91,126
Jul 202210,331101.587.54$77,917
Jun 20229,550115.097.98$76,182
May 202210,184109.378.43$85,882
Apr 20229,805104.226.84$67,043
Mar 202210,107108.885.08$51,307
Feb 20229,10391.054.86$44,230
Jan 20229,48081.844.54$43,017
Dec 202110,89371.323.90$42,473
Nov 202110,64677.435.24$55,752
Oct 202110,59479.795.71$60,533
Sep 202110,11369.865.35$54,114
Aug 202110,17766.024.22$42,953
Jul 202111,15470.783.98$44,416
Jun 202111,77469.493.38$39,803
May 202112,29063.483.02$37,087
Apr 20218,91660.362.76$24,594
Mar 20211,91561.302.72$5,203
Feb 20215,35357.805.55$29,698
Jan 202111,25750.412.81$31,635
Dec 202012,23644.642.68$32,737
Nov 202011,95038.772.71$32,344
Oct 202013,14136.972.48$32,569
Sep 202012,34937.091.99$24,587
Aug 202013,41439.982.39$31,994
Jul 202013,65938.371.83$24,929
Jun 202013,34534.901.69$22,557
May 202014,19816.921.81$25,766
Apr 202013,83914.751.80$24,971
Mar 202014,59730.341.86$27,095
Feb 202014,01449.881.98$27,757
Jan 202013,76357.252.09$28,830
Dec 201912,72559.012.30$29,323
Nov 201914,81955.302.75$40,763
Oct 201915,33353.472.42$37,083
Sep 201915,14255.052.66$40,237
Aug 201916,30053.112.30$37,561
Jul 201915,62856.272.46$38,446
Jun 201915,65152.782.49$38,990
May 201916,57558.482.74$45,421
Apr 201916,44962.632.75$45,246
Mar 201914,87856.803.06$45,558
Feb 201915,81250.852.79$44,151
Jan 201918,96346.033.23$61,216
Dec 201820,06946.594.19$83,998
Nov 201819,64652.934.24$83,245
Oct 201820,54461.443.40$69,810
Sep 201819,88859.543.11$61,812
Aug 201815,56659.403.07$47,734
Jul 20188,72865.142.93$25,589
Jun 20182,21160.183.08$6,803
May 201886765.382.90$2,515
Apr 20186,62963.842.90$19,229
Mar 201810,13161.222.79$28,233
Feb 20189,89661.782.77$27,374
Jan 201812,22862.874.01$49,026
Dec 201714,08357.272.92$41,144
Nov 201712,71755.423.12$39,656
Oct 201712,40749.292.98$37,019
Sep 201713,13547.523.09$40,551
Aug 201713,60045.373.00$40,860
Jul 201714,12543.873.09$43,608
Jun 201713,93442.493.09$43,018
May 201715,93545.373.26$52,002
Apr 201715,75247.933.21$50,589
Mar 201716,08246.772.98$47,984
Feb 201713,92350.452.95$41,109
Jan 201714,63449.413.42$50,031
Dec 201617,80648.763.72$66,289
Nov 201617,29642.492.64$45,737
Oct 201619,78346.193.09$61,135
Sep 201619,33841.553.10$59,960
Aug 201619,99341.442.92$58,466
Jul 201619,11141.622.92$55,887
Jun 201617,38645.352.69$46,696
May 201619,25942.521.99$38,345
Apr 201621,03336.561.99$41,878
Mar 201618,25133.011.79$32,742
Feb 201677426.472.06$1,597
Jan 201614527.352.36$343
Dec 201510,68132.362.00$21,377
Nov 201514,13338.792.17$30,631
Oct 201521,90743.552.43$53,159
Sep 201525,18542.992.76$69,471
Aug 201525,64840.162.87$73,674
Jul 201523,97048.152.95$70,594
Jun 201525,31156.152.88$72,968
May 201526,48555.212.96$78,275
Apr 201525,05649.822.71$67,816
Mar 201528,14542.892.93$82,597
Feb 201524,94844.662.98$74,250
Jan 201525,55043.433.10$79,221
Dec 201423,89054.693.59$85,798
Nov 201424,44570.464.25$103,936
Oct 201426,57078.303.90$103,649
Sep 201426,89286.164.05$108,790
Aug 201429,57789.394.04$119,347
Jul 201430,71396.564.18$128,368
Jun 201431,02898.164.74$146,976
May 201435,70194.734.73$168,743
Apr 201434,83495.944.81$167,521
Mar 201436,57395.895.06$184,942
Feb 201435,52897.406.19$219,989
Jan 201442,73290.404.86$207,708
Dec 201336,81791.824.35$160,319
Nov 201343,44388.853.74$162,402
Oct 201345,84497.423.78$173,261
Sep 201337,282104.113.72$138,605
Aug 201331,795104.253.52$112,001
Jul 201332,947102.523.72$122,488
Jun 201333,41294.403.93$131,423
May 201336,07194.834.15$149,661
Apr 201335,31093.964.28$151,218
Mar 201338,68593.623.91$151,369
Feb 201336,66191.233.42$125,377
Jan 201341,93091.603.42$143,397
Dec 201245,03286.773.42$154,017
Nov 201245,90986.953.62$166,418
Oct 201249,17789.383.40$167,186
Sep 201247,87994.672.92$139,730
Aug 201255,82392.662.91$162,342
Jul 201259,91985.133.02$181,003
Jun 201261,38179.822.52$154,621
May 201270,65091.612.49$175,800
Apr 201273,415101.652.00$146,595
Mar 201274,807105.052.22$166,227
Feb 201272,341101.102.57$185,934
Jan 201216,10598.092.73$44,032
Dec 2011096.873.24$0
Nov 2011095.723.31$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
Gas                6,095 Mcf  × $  3.05 =    $18,564

────────────────────────────────────────────────────
Month total                                  $18,564

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. 09/G/264115 is the state's own key, not one this site invented.