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Texas gas well

Producing

BUSTAMANTE TOWNSITE

Bustamante Townsite is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Haynes (Middle Wilcox Cons.) field.

1 well

10,667mcf gas, last 12 months+999% vs prior year
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Haynes (Middle Wilcox Cons.)
RRC lease
04-127523

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Gas in Jul 2026
1,036 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Hugoton Operating Company, Inc. in Jan 2025.

  • Buyer

    Buyer changed: HILCORP ENERGY COMPANY replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from gas wells on Jan 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output rose 1,137% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 1,137% over the last 12 monthsMonthly gas production for BUSTAMANTE TOWNSITE, Aug 2023 to Jul 2026. Gas output rose 1,137% over the last 12 months. 10,667 mcf in the 12 months through Jul 2026, against 862 mcf in the 12 months before.Last 12 months: 10,667 mcfmcf per month02505007501,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 1,137% over the last 12 monthsMonthly gas production for BUSTAMANTE TOWNSITE, Aug 2023 to Jul 2026. Gas output rose 1,137% over the last 12 months. 10,667 mcf in the 12 months through Jul 2026, against 862 mcf in the 12 months before.Last 12 monthsmcf per month02505007501,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of BUSTAMANTE TOWNSITE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of BUSTAMANTE TOWNSITE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BUSTAMANTE TOWNSITE
API numberWell no.Status
42-505-323821Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Hilcorp Energy CompanyGas-well gasBuys100Jan 1, 2025–
Varas Energy Operating Company,Gas-well gasGathers100Jan 1, 2025–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jan 1, 2025
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Bluestone Natural Res. Ii, LLCGas-well gasGathers100Dec 1, 2019Jun 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Plains Marketing, L.p.CondensateGathers100Apr 1, 2004Dec 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

40 acres on the newest permit

Check your decimal on this lease
Permits for Bustamante Townsite
API numberWell no.Acreson the permit
42-505-32382140

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for BUSTAMANTE TOWNSITE
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy1,0361,0360$80.46$2.89
Jun 2026Varas Energy6506500$84.81$3.15
May 2026Varas Energy6256250$102.13$2.94
Apr 2026Varas Energy8818810$100.32$2.77
Mar 2026Varas Energy9279270$91.38$3.04
Feb 2026Varas Energy8538530$64.51$3.62
Jan 2026Varas Energy1,0131,0130$60.04$7.72
Dec 2025Varas Energy1,0421,0420$57.97$4.26
Nov 2025Varas Energy1,2351,2350$60.06$3.79
Oct 2025Varas Energy1,2351,2350$60.89$3.19
Sep 2025Varas Energy5335330$63.96$2.97
Aug 2025Varas Energy6376370$64.86$2.91
Jul 2025Varas Energy8388380$68.39$3.20
Jun 2025Varas Energy24240$68.17$3.02
May 2025Varas Energy000$62.17$3.12
Apr 2025Varas Energy000$63.54$3.42
Mar 2025Varas Energy000$68.24$4.12
Feb 2025Varas Energy000$71.53$4.19
Jan 2025Varas Energy000$75.74$4.13
Dec 2024Hugoton Operating000$70.12$3.01
Nov 2024Hugoton Operating000$69.95$2.12
Oct 2024Hugoton Operating000$71.99$2.20
Sep 2024Hugoton Operating000$70.24$2.28
Aug 2024Hugoton Operating000$76.68$1.99
Jul 2024Hugoton Operating000$81.80$2.07
Jun 2024Hugoton Operating000$79.77$2.54
May 2024Hugoton Operating000$80.02$2.12
Apr 2024Hugoton Operating000$85.35$1.60
Mar 2024Hugoton Operating000$81.28$1.49
Feb 2024Hugoton Operating000$77.25$1.72
Jan 2024Hugoton Operating000$74.15$3.18
Dec 2023Hugoton Operating4574570$71.90$2.52
Nov 2023Hugoton Operating6806800$77.69$2.71
Oct 2023Hugoton Operating5555550$85.64$2.98
Sep 2023Hugoton Operating6466460$89.43$2.64
Aug 2023Hugoton Operating7347340$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorVaras Energy Operating Company,FieldHaynes (Middle Wilcox Cons.)CountyZapata County

Varas Energy Operating Company, in Zapata County

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Haynes (Middle Wilcox Cons.) field

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