VARIBUS
VARIBUS is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Sonat Exploration Company -Tyler. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,831,481 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $758K, with roughly $115K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 6,371 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 9,154 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about VARIBUS
- Who operates VARIBUS?
- VARIBUS is operated by Sonat Exploration Company -Tyler, Railroad Commission of Texas operator number 801642.
- Where is VARIBUS?
- VARIBUS is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 131550.
- Is VARIBUS still producing?
- VARIBUS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VARIBUS is August 2026.
- How much has VARIBUS produced?
- VARIBUS has reported 2,831,481 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is VARIBUS worth?
- The remaining production from VARIBUS is estimated to be worth about $758K in total as of 27 August 2026, within a range of $629K to $887K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VARIBUS is a fraction of it. The estimate fits an Arps decline curve to the production VARIBUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VARIBUS is an estimate of value, not an offer and not an appraisal.
- How much income does VARIBUS generate in a year?
- VARIBUS is forecast to net about $115K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VARIBUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sonat Exploration Company -Tyler |
|---|---|
| Field | Bear Grass (Travis Peak) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 131550 |
| Wellbores | 1 |
| Reported production | 2,831,481 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $758K |
Where VARIBUS sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.