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Texas gas well

Producing

CANALES, EDUARDO

Canales, Eduardo is a gas well in Starr County, Texas, operated by Varas Energy Operating Company, in the T Patch (Reklaw Oso) field.

1 well

10,430mcf gas, last 12 months−14% vs prior year
RRC lease
04-242255

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Where it sits

This county

Starr CountyStarrBrooksJim HoggZapataHidalgoStarr County
Starr County
Oil, last 12 months
188 bbl
Gas in Jul 2026
1,840 mcf

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: ENTERPRISE PRODUCTS OPERATING LLC 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 fell 14% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 14% over the last 12 monthsMonthly gas production and oil for CANALES, EDUARDO, Aug 2023 to Jul 2026. Gas output fell 14% over the last 12 months. 10,430 mcf in the 12 months through Jul 2026, against 12,103 mcf in the 12 months before.Last 12 months: 10,430 mcfmcf per monthbbl per month00500101,000201,500302,000402,50050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 14% over the last 12 monthsMonthly gas production and oil for CANALES, EDUARDO, Aug 2023 to Jul 2026. Gas output fell 14% over the last 12 months. 10,430 mcf in the 12 months through Jul 2026, against 12,103 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500101,000201,500302,000402,50050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

80% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
80% of the gas went to a transmission line in the last 12 monthsShare of CANALES, EDUARDO gas by disposition code each month, Aug 2023 to Jul 2026. 80% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
80% of the gas went to a transmission line in the last 12 monthsShare of CANALES, EDUARDO gas by disposition code each month, Aug 2023 to Jul 2026. 80% of the gas went to a transmission line 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.

  • Transmission line (2)

    80% · 8,349 mcf

  • Lease fuel (1)

    20% · 2,081 mcf

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 CANALES, EDUARDO
API numberWell no.Status
42-427-342551Active

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–
Enterprise Products Operating LLCGas-well gasBuys100Jan 1, 2025–
Varas Energy Operating Company,Gas-well gasGathers100Jun 1, 2026–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jun 1, 2026
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
Flint Hills Resources, LPCondensateGathers100Aug 16, 2008Dec 1, 2019

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

81.58 acres on the newest permit

Permits for Canales, Eduardo
API numberWell no.Acreson the permit
42-427-34255181.58

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

Estimate your royalty

36 months, newest first

Ledger for CANALES, EDUARDO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy2101,8401,4690$80.46$2.89
Jun 2026Varas Energy1501,4551,1590$84.81$3.15
May 2026Varas Energy100129920$102.13$2.94
Apr 2026Varas Energy1602501790$100.32$2.77
Mar 2026Varas Energy161834102970$91.38$3.04
Feb 2026Varas Energy502281670$64.51$3.62
Jan 2026Varas Energy1504283280$60.04$7.72
Dec 2025Varas Energy2505374250$57.97$4.26
Nov 2025Varas Energy1007996370$60.06$3.79
Oct 2025Varas Energy2001,1269710$60.89$3.19
Sep 2025Varas Energy2001,5201,2800$63.96$2.97
Aug 2025Varas Energy1501,7081,3450$64.86$2.91
Jul 2025Varas Energy1101,1359580$68.39$3.20
Jun 2025Varas Energy00000$68.17$3.02
May 2025Varas Energy2501,3069260$62.17$3.12
Apr 2025Varas Energy008935910$63.54$3.42
Mar 2025Varas Energy008935910$68.24$4.12
Feb 2025Varas Energy1001,1017570$71.53$4.19
Jan 2025Varas Energy3501,8231,2780$75.74$4.13
Dec 2024Hugoton Operating001,4731,0570$70.12$3.01
Nov 2024Hugoton Operating191711,4071,0940$69.95$2.12
Oct 2024Hugoton Operating1502,0721,5380$71.99$2.20
Sep 2024Hugoton Operating00000$70.24$2.28
Aug 2024Hugoton Operating00000$76.68$1.99
Jul 2024Hugoton Operating15030210$81.80$2.07
Jun 2024Hugoton Operating150000$79.77$2.54
May 2024Hugoton Operating250330$80.02$2.12
Apr 2024Hugoton Operating501361090$85.35$1.60
Mar 2024Hugoton Operating301461300$81.28$1.49
Feb 2024Hugoton Operating1506094110$77.25$1.72
Jan 2024Hugoton Operating006054290$74.15$3.18
Dec 2023Hugoton Operating308747460$71.90$2.52
Nov 2023Hugoton Operating001,3101,0410$77.69$2.71
Oct 2023Hugoton Operating801,4621,2940$85.64$2.98
Sep 2023Hugoton Operating901,2741,1530$89.43$2.64
Aug 2023Hugoton Operating1701,3561,2530$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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