VARVEL
VARVEL is a Texas gas lease in Robertson County, Railroad Commission district 05, operated by American Energy Partners, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2002 to August 2026, totalling 238,903 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 $18K, with roughly $5K 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 151 thousand cubic feet a month. Its strongest month on the record we hold was March 2020, at 509 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 VARVEL
- Who operates VARVEL?
- VARVEL is operated by American Energy Partners, Inc., Railroad Commission of Texas operator number 018046.
- Where is VARVEL?
- VARVEL is a Texas gas lease in Robertson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 190141.
- Is VARVEL still producing?
- VARVEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VARVEL is August 2026.
- How much has VARVEL produced?
- VARVEL has reported 238,903 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2002 and August 2026, from 1 wellbore.
- How much is VARVEL worth?
- The remaining production from VARVEL is estimated to be worth about $18K in total as of 26 August 2026, within a range of $14K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VARVEL is a fraction of it. The estimate fits an Arps decline curve to the production VARVEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VARVEL is an estimate of value, not an offer and not an appraisal.
- How much income does VARVEL generate in a year?
- VARVEL is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VARVEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Energy Partners, Inc. |
|---|---|
| Field | Bald Prairie (CV Consolidated) |
| County | Robertson County, Texas |
| RRC district | 05 |
| Lease number | 190141 |
| Wellbores | 1 |
| Reported production | 238,903 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where VARVEL 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.