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Texas gas well

Producing

OLD ZAPATA DEEP GAS UNIT

Old Zapata Deep Gas Unit is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Urebeno, South (Wilcox 7000) field.

1 well

6,148mcf gas, last 12 months−52% vs prior year
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Urebeno, South (Wilcox 7000)
RRC lease
04-140947

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Oil, last 12 months
51 bbl
Gas in Jul 2026
247 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: KINDER MORGAN TEJAS PIPELINE LLC replaced HUGOTON OPERATING COMPANY, INC. as the buyer of this lease's gas from gas wells on Jun 1, 2026.

  • Sales

    Sales over the last 3 months fell to 18% of the 9 months before.

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

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Production by month

Gas output fell 52% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 52% over the last 12 monthsMonthly gas production and oil for OLD ZAPATA DEEP GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 52% over the last 12 months. 6,148 mcf in the 12 months through Jul 2026, against 12,739 mcf in the 12 months before.Last 12 months: 6,148 mcfmcf per monthbbl per month00500101,000201,500302,00040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 52% over the last 12 monthsMonthly gas production and oil for OLD ZAPATA DEEP GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 52% over the last 12 months. 6,148 mcf in the 12 months through Jul 2026, against 12,739 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500101,000201,500302,00040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
81% of the gas went to a transmission line in the last 12 monthsShare of OLD ZAPATA DEEP GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 81% 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
81% of the gas went to a transmission line in the last 12 monthsShare of OLD ZAPATA DEEP GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 81% 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)

    81% · 4,956 mcf

  • Lease fuel (1)

    19% · 1,192 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 OLD ZAPATA DEEP GAS UNIT
API numberWell no.Status
42-505-328482Active

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–
Kinder Morgan Tejas Pipeline LLCGas-well gasBuys100Jun 1, 2026–
Varas Energy Operating Company,Gas-well gasGathers100Jun 1, 2026–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jun 1, 2026
Hugoton Operating Company, Inc.Gas-well gasBuys100Jan 1, 2025Jun 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

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

Who buys my oilOil price check

704 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Old Zapata Deep Gas Unit
API numberWell no.Acreson the permit
42-505-328482704

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

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36 months, newest first

Ledger for OLD ZAPATA DEEP GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy302472110$80.46$2.89
Jun 2026Varas Energy02413110$84.81$3.15
May 2026Varas Energy0075620$102.13$2.94
Apr 2026Varas Energy001341100$100.32$2.77
Mar 2026Varas Energy202061670$91.38$3.04
Feb 2026Varas Energy004283410$64.51$3.62
Jan 2026Varas Energy2409557610$60.04$7.72
Dec 2025Varas Energy15579808250$57.97$4.26
Nov 2025Varas Energy006365080$60.06$3.79
Oct 2025Varas Energy408256640$60.89$3.19
Sep 2025Varas Energy308416750$63.96$2.97
Aug 2025Varas Energy008086210$64.86$2.91
Jul 2025Varas Energy001,0148100$68.39$3.20
Jun 2025Varas Energy1201,0417700$68.17$3.02
May 2025Varas Energy008166040$62.17$3.12
Apr 2025Varas Energy001,2098660$63.54$3.42
Mar 2025Varas Energy1501,3459800$68.24$4.12
Feb 2025Varas Energy001,0177690$71.53$4.19
Jan 2025Varas Energy001,0077150$75.74$4.13
Dec 2024Hugoton Operating008496270$70.12$3.01
Nov 2024Hugoton Operating001,2239460$69.95$2.12
Oct 2024Hugoton Operating001,0107830$71.99$2.20
Sep 2024Hugoton Operating2601,0768090$70.24$2.28
Aug 2024Hugoton Operating1501,1328510$76.68$1.99
Jul 2024Hugoton Operating006885350$81.80$2.07
Jun 2024Hugoton Operating501,0177870$79.77$2.54
May 2024Hugoton Operating009858000$80.02$2.12
Apr 2024Hugoton Operating001,4551,2810$85.35$1.60
Mar 2024Hugoton Operating50000$81.28$1.49
Feb 2024Hugoton Operating00000$77.25$1.72
Jan 2024Hugoton Operating00000$74.15$3.18
Dec 2023Hugoton Operating001,0067600$71.90$2.52
Nov 2023Hugoton Operating001,0178240$77.69$2.71
Oct 2023Hugoton Operating24751,5651,2800$85.64$2.98
Sep 2023Hugoton Operating009007200$89.43$2.64
Aug 2023Hugoton Operating001,5531,3080$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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Nearby

This lease belongs to

OperatorVaras Energy Operating Company,FieldUrebeno, South (Wilcox 7000)CountyZapata County

Varas Energy Operating Company, in Zapata County

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Urebeno, South (Wilcox 7000) field

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