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Texas gas well

Producing

PALMYRA MINERALS, LTD.

Palmyra Minerals, Ltd. is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Lopeno (Consolidated) field.

1 well

883mcf gas, last 12 months
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Lopeno (Consolidated)
RRC lease
04-156168

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Gas in Jul 2026
232 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: KINDER MORGAN TEJAS PIPELINE 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 over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output over the last 12 monthsMonthly gas production for PALMYRA MINERALS, LTD., Aug 2023 to Jul 2026. Gas output over the last 12 months. 883 mcf in the 12 months through Jul 2026, against 0 mcf in the 12 months before.Last 12 months: 883 mcfmcf per month050100150200250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output over the last 12 monthsMonthly gas production for PALMYRA MINERALS, LTD., Aug 2023 to Jul 2026. Gas output over the last 12 months. 883 mcf in the 12 months through Jul 2026, against 0 mcf in the 12 months before.Last 12 monthsmcf per month050100150200250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a transmission line in the 9 months reported

  • Transmission line (2)
  • Lease fuel (1)
89% of the gas went to a transmission line in the 9 months reportedShare of PALMYRA MINERALS, LTD. gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a transmission line in the 9 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
89% of the gas went to a transmission line in the 9 months reportedShare of PALMYRA MINERALS, LTD. gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a transmission line in the 9 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 789 mcf

  • Lease fuel (1)

    11% · 94 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 PALMYRA MINERALS, LTD.
API numberWell no.Status
42-505-333011Active

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 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
Shell Trading (Us) CompanyCondensateGathers100Oct 1, 2012Dec 1, 2019

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

Who buys my oilOil price check

339 acres on the newest permit

Check your decimal on this lease
Permits for Palmyra Minerals, Ltd.
API numberWell no.Acreson the permit
42-505-333011339

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PALMYRA MINERALS, LTD.
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy2321840$80.46$2.89
Jun 2026Varas Energy2191730$84.81$3.15
May 2026Varas Energy1331330$102.13$2.94
Apr 2026Varas Energy98980$100.32$2.77
Mar 2026Varas Energy99990$91.38$3.04
Feb 2026Varas Energy58580$64.51$3.62
Jan 2026Varas Energy12120$60.04$7.72
Dec 2025Varas Energy16160$57.97$4.26
Nov 2025Varas Energy16160$60.06$3.79
Oct 2025Varas Energy000$60.89$3.19
Sep 2025Varas Energy000$63.96$2.97
Aug 2025Varas Energy000$64.86$2.91
Jul 2025Varas Energy000$68.39$3.20
Jun 2025Varas Energy000$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 Operating000$71.90$2.52
Nov 2023Hugoton Operating000$77.69$2.71
Oct 2023Hugoton Operating000$85.64$2.98
Sep 2023Hugoton Operating000$89.43$2.64
Aug 2023Hugoton Operating000$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,FieldLopeno (Consolidated)CountyZapata County

Varas Energy Operating Company, in Zapata County

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Lopeno (Consolidated) field

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