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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

8,638mcf gas, last 12 months
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Lopeno (Consolidated)
RRC lease
04-161956

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Oil, last 12 months
30 bbl
Gas in Jul 2026
434 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 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)
  • Oil (line)
  • Last 12 months
Gas output over the last 12 monthsMonthly gas production and oil for PALMYRA MINERALS, LTD., Aug 2023 to Jul 2026. Gas output over the last 12 months. 8,638 mcf in the 12 months through Jul 2026, against 0 mcf in the 12 months before.Last 12 months: 8,638 mcfmcf per monthbbl per month001,00052,000103,000154,000205,00025Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output over the last 12 monthsMonthly gas production and oil for PALMYRA MINERALS, LTD., Aug 2023 to Jul 2026. Gas output over the last 12 months. 8,638 mcf in the 12 months through Jul 2026, against 0 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,00052,000103,000154,000205,00025Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the 10 months reported

  • Transmission line (2)
  • Lease fuel (1)
97% of the gas went to a transmission line in the 10 months reportedShare of PALMYRA MINERALS, LTD. gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the 10 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the 10 months reportedShare of PALMYRA MINERALS, LTD. gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the 10 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)

    97% · 8,775 mcf

  • Lease fuel (1)

    3.1% · 277 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
42-505-334945Active

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
42-505-334945339

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

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Estimate your royalty

36 months, newest first

Ledger for PALMYRA MINERALS, LTD.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy004343450$80.46$2.89
Jun 2026Varas Energy002071630$84.81$3.15
May 2026Varas Energy003323320$102.13$2.94
Apr 2026Varas Energy407057050$100.32$2.77
Mar 2026Varas Energy501,0181,0180$91.38$3.04
Feb 2026Varas Energy2101,0491,0490$64.51$3.62
Jan 2026Varas Energy003,0693,0690$60.04$7.72
Dec 2025Varas Energy001,8241,8240$57.97$4.26
Nov 2025Varas Energy00000$60.06$3.79
Oct 2025Varas Energy00000$60.89$3.19
Sep 2025Varas Energy00000$63.96$2.97
Aug 2025Varas Energy00000$64.86$2.91
Jul 2025Varas Energy00000$68.39$3.20
Jun 2025Varas Energy00000$68.17$3.02
May 2025Varas Energy00000$62.17$3.12
Apr 2025Varas Energy00000$63.54$3.42
Mar 2025Varas Energy00000$68.24$4.12
Feb 2025Varas Energy00000$71.53$4.19
Jan 2025Varas Energy00000$75.74$4.13
Dec 2024Hugoton Operating00000$70.12$3.01
Nov 2024Hugoton Operating00000$69.95$2.12
Oct 2024Hugoton Operating00000$71.99$2.20
Sep 2024Hugoton Operating00000$70.24$2.28
Aug 2024Hugoton Operating00000$76.68$1.99
Jul 2024Hugoton Operating00000$81.80$2.07
Jun 2024Hugoton Operating00000$79.77$2.54
May 2024Hugoton Operating00000$80.02$2.12
Apr 2024Hugoton Operating00000$85.35$1.60
Mar 2024Hugoton Operating00000$81.28$1.49
Feb 2024Hugoton Operating00000$77.25$1.72
Jan 2024Hugoton Operating00000$74.15$3.18
Dec 2023Hugoton Operating00000$71.90$2.52
Nov 2023Hugoton Operating00000$77.69$2.71
Oct 2023Hugoton Operating00000$85.64$2.98
Sep 2023Hugoton Operating0076450$89.43$2.64
Aug 2023Hugoton Operating003382250$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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