BRACKEN ET AL

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the A.W.P. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126360District 01Field 00256500NGPA filingCondensateGasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 821 leases and 1,336 wells, and the rule below applies to all of them.

Discovered
1981-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: RED. THE ALLOCATION FORMULA REMAINS SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition23,164 bbl$641,081
GasProduction745,724 Mcf$2,061,494
Total$2,702,575

299,914 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,811 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,811 ft.

Completions filed
Dec 1987
1 of 1 wells

1 well

42-31132605519,811 ftDec 1987

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260128106.413.05$390
Apr 2026033098.932.87$947
Mar 2026010189.753.15$318
Feb 2026020463.503.75$765
Jan 2026042659.138.00$3,407
Dec 2025078556.664.41$3,464
Nov 2025055158.593.93$2,163
Oct 2025058459.383.30$1,930
Sep 2025013662.743.08$418
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201111196.873.24$133
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20112292.904.64$195
May 20110398.134.40$13
Apr 201100105.964.33$0
Mar 20110196.364.06$4
Feb 20111185.644.18$90
Jan 20110086.504.59$0
Dec 20100285.734.35$9
Nov 20101080.843.80$81
Oct 20101072878.103.51$3,335
Sep 2010231,70372.633.98$8,448
Aug 2010262,06573.684.42$11,042
Jul 2010412,10772.554.74$12,954
Jun 2010362,11670.364.91$12,923
May 2010372,05771.124.24$11,343
Apr 2010321,71681.694.12$9,689
Mar 2010272,20878.394.39$11,807
Feb 2010182,27373.585.44$13,695
Jan 2010162,06374.365.96$13,494
Dec 2009171,30371.445.48$8,360
Nov 2009442,11474.593.75$11,213
Oct 2009462,01872.544.11$11,631
Sep 2009362,00365.543.06$8,498
Aug 2009392,09367.423.22$9,366
Jul 2009451,82261.133.46$9,063
Jun 2009512,25366.163.90$12,150
May 2009302,01254.743.93$9,541
Apr 2009232,44946.773.59$9,862
Mar 2009161,44442.144.06$6,535
Feb 2009212,03532.814.63$10,117
Jan 2009332,46535.865.37$14,423
Dec 2008242,27337.105.98$14,476
Nov 2008311,95255.496.86$15,112
Oct 2008301,03475.246.92$9,415
Sep 2008421,747101.767.88$18,035
Aug 2008472,432114.228.48$25,999
Jul 2008381,540131.0811.39$22,521
Jun 2008482,241131.3313.03$35,510
May 2008411,401123.1711.57$21,266
Apr 200834950110.3110.45$13,683
Mar 2008472,318101.909.66$27,191
Feb 2008431,82992.538.77$20,020
Jan 2008541,44390.388.21$16,721
Dec 2007591,74288.337.30$17,932
Nov 2007652,20991.677.29$22,066
Oct 2007571,97382.856.92$18,380
Sep 2007432,00375.846.24$15,768
Aug 2007572,54969.066.39$20,219
Jul 20071769570.906.39$5,645
Jun 20074249062.007.55$6,303
May 2007532,31958.747.85$21,309
Apr 2007602,68759.617.81$24,549
Mar 2007341,40256.927.30$12,173
Feb 2007421,58155.108.22$15,304
Jan 2007512,01350.306.73$16,106
Dec 2006561,95556.656.92$16,698
Nov 2006491,81054.207.62$16,443
Oct 2006561,78154.906.01$13,785
Sep 2006521,93360.085.04$12,861
Aug 20061052,06568.717.34$22,371
Jul 2006972,09369.376.34$20,004
Jun 2006982,32966.286.38$21,364
May 20061022,17566.016.42$20,707
Apr 2006892,04264.397.36$20,761
Mar 20061152,22056.707.08$22,245
Feb 20061221,89257.597.75$21,691
Jan 20061172,08560.598.93$25,715
Dec 20051192,47554.9413.42$39,741
Nov 2005722,50854.6910.59$30,493
Oct 2005361,94758.3413.80$28,961
Sep 2005332,29861.4512.08$29,785
Aug 2005321,91761.519.80$20,749
Jul 2005281,63355.697.84$14,368
Jun 2005362,21852.337.38$18,255
May 2005442,25145.226.65$16,961
Apr 2005652,24749.207.36$19,737
Mar 20051402,36250.377.15$23,952
Feb 2005782,21145.226.31$17,483
Jan 20051242,42043.166.32$20,652
Dec 20041212,43739.866.75$21,275
Nov 20041282,32445.286.33$20,508
Oct 20041192,30249.706.52$20,912
Sep 2004972,50443.245.28$17,425
Aug 20041092,76842.375.55$19,983
Jul 2004982,27338.286.08$17,581
Jun 2004861,99436.106.43$15,932
May 2004761,91737.486.49$15,299
Apr 2004892,08134.475.86$15,259
Mar 2004922,29334.365.53$15,842
Feb 2004861,93232.455.51$13,435
Jan 2004972,39032.036.30$18,163
Dec 20031062,44130.266.30$18,590
Nov 2003681,91928.804.60$10,777
Oct 2003462,28728.174.76$12,181
Sep 2003422,19326.314.75$11,520
Aug 2003452,51129.765.13$14,220
Jul 2003382,11529.415.17$12,054
Jun 2003462,56928.565.98$16,684
May 2003382,41826.595.97$15,452
Apr 2003542,48726.675.41$14,888
Mar 20031072,48431.146.10$18,475
Feb 20031082,67533.487.93$24,818
Jan 20031232,91430.315.58$19,994
Dec 20021252,45126.914.85$15,260
Nov 20021202,71424.664.14$14,187
Oct 2002472,83026.464.23$13,212
Sep 2002402,79527.443.64$11,258
Aug 2002422,87925.963.16$10,200
Jul 2002402,87824.583.06$9,795
Jun 2002392,82923.733.34$10,369
May 2002462,95024.663.58$11,707
Apr 2002403,11823.653.51$11,897
Mar 2002473,04422.003.10$10,479
Feb 2002672,71418.222.38$7,668
Jan 2002963,17117.172.38$9,182
Dec 2001933,04516.932.36$8,774
Nov 2001952,95118.072.41$8,815
Oct 2001872,41819.782.53$7,836
Sep 2001882,63024.262.25$8,056
Aug 20011022,64924.873.05$10,625
Jul 2001942,62923.933.20$10,655
Jun 2001842,67124.563.82$12,277
May 2001832,37525.524.31$12,348
Apr 2001973,07124.685.34$18,779
Mar 20011302,30324.545.38$15,572
Feb 20011122,66527.755.77$18,477
Jan 20011423,59927.478.40$34,128
Dec 20001183,71826.889.12$37,089
Nov 20001233,63332.215.66$24,517
Oct 20001203,55531.235.15$22,040
Sep 20001403,74731.875.19$23,896
Aug 20001543,68629.644.54$21,302
Jul 20002323,89128.534.09$22,532
Jun 20002093,01929.304.40$19,399
May 20002073,24227.263.68$17,573
Apr 20002783,77524.513.12$18,577
Mar 20003314,49328.422.86$22,256
Feb 20002063,53827.622.73$15,336
Jan 2000943,44125.272.48$10,911
Dec 1999711,96124.282.42$6,477
Nov 19991333,78423.192.43$12,294
Oct 19991523,35220.982.80$12,587
Sep 19991043,51821.752.62$11,475
Aug 19991053,61119.262.88$12,406
Jul 1999883,65217.892.37$10,238
Jun 1999993,47615.942.36$9,789
May 19991103,57215.792.32$10,028
Apr 19991163,86315.102.21$10,281
Mar 19991073,59512.471.84$7,943
Feb 1999952,8919.981.82$6,203
Jan 19991093,66710.381.90$8,099
Dec 19981304,2479.201.77$8,727
Nov 19981113,88410.892.19$9,698
Oct 19981314,43212.421.97$10,355
Sep 19981043,80312.592.08$9,230
Aug 19981173,93911.301.91$8,835
Jul 19981203,88611.742.24$10,103
Jun 1998913,70011.242.24$9,301
May 19981194,14112.622.21$10,638
Apr 19981304,19813.042.51$12,213
Mar 19981113,91612.802.31$10,465
Feb 19981093,59913.952.30$9,795
Jan 19981214,25714.702.15$10,952
Dec 19971344,58216.322.41$13,235
Nov 19971264,83618.193.09$17,227
Oct 19971244,62619.253.15$16,958
Sep 19971224,62217.742.95$15,822
Aug 19971284,91817.862.55$14,850
Jul 19971244,81717.582.25$13,003
Jun 1997682,89217.242.26$7,700
May 19971395,17518.972.31$14,583
Apr 19976017.882.08$107
Mar 19971134,27718.951.94$10,435
Feb 19971284,44520.492.21$12,428
Jan 19971254,32923.483.54$18,258
Dec 19961454,84923.32$3,381
Nov 1996833,27321.97$1,824
Oct 19961465,30123.31$3,403
Sep 19961345,35822.22$2,977
Aug 19961485,97920.26$2,998
Jul 1996692,88119.55$1,349
Jun 19961374,76518.73$2,566
May 19961625,07019.43$3,148
Apr 19961615,07221.51$3,463
Mar 19961905,38919.38$3,682
Feb 19961494,85416.98$2,530
Jan 19961735,30617.07$2,953
Dec 19952085,09617.19$3,576
Nov 19951355,37016.00$2,160
Oct 19951535,49915.43$2,361
Sep 19951435,09616.18$2,314
Aug 19951615,44615.92$2,563
Jul 19951505,69915.24$2,286
Jun 19951545,65116.41$2,527
May 19951555,66917.56$2,722
Apr 19951795,42917.73$3,174
Mar 19952156,10516.44$3,535
Feb 19952135,69916.58$3,532
Jan 19952656,19415.92$4,219
Dec 19942156,41215.03$3,231
Nov 19941976,13115.90$3,132
Oct 19941916,12715.58$2,976
Sep 19941806,24315.29$2,752
Aug 19941896,42416.13$3,049
Jul 19941976,22417.56$3,459
Jun 19942096,39317.09$3,572
May 19942256,45615.88$3,573
Apr 19942036,72514.14$2,870
Mar 19942027,09912.46$2,517
Feb 19941835,44312.50$2,288
Jan 19942587,60012.66$3,266
Dec 19932458,13312.33$3,021
Nov 19932497,74214.49$3,608
Oct 19932207,95215.85$3,487
Sep 19931876,62915.03$2,811
Aug 19932057,76915.66$3,210
Jul 19932678,21615.46$4,128
Jun 19932147,85016.79$3,593
May 19932548,25417.68$4,491
Apr 19932588,06318.05$4,657
Mar 19932938,80518.14$5,315
Feb 19933368,95917.90$6,014
Jan 19933569,21516.93$6,027

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  128 Mcf  × $  3.05 =       $390

────────────────────────────────────────────────────
Month total                                     $390

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/126360 is the state's own key, not one this site invented.