BRACKEN

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 132517District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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
High Cost Gas111990-05-08122066
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
CondensateDisposition7,157 bbl$201,598
GasProduction443,875 Mcf$823,926
Total$1,025,523

223,171 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.

These wells centre on 28.4471, -98.4889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44708, -98.48887 · centre of the wells drawn, derived

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
9,730 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 9,730 ft.

Completions filed
Oct 1989
1 of 1 wells

1 well

42-31132779539,730 ftOct 1989

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 202612338106.413.05$2,306
Apr 20263330498.932.87$4,137
Mar 20261129189.753.15$1,904
Feb 202649463.503.75$607
Jan 20261010759.138.00$1,447
Dec 20251928856.664.41$2,348
Nov 20252823958.593.93$2,579
Oct 20251431859.383.30$1,882
Sep 20251330862.743.08$1,763
Aug 20251843963.933.01$2,474
Jul 2025059966.743.32$1,986
Jun 2025068566.483.13$2,143
May 2025217360.553.23$680
Apr 20251010862.363.54$1,006
Mar 2025015467.704.27$657
Feb 2025015870.884.34$686
Jan 2025032574.324.28$1,391
Dec 20241226668.993.12$1,658
Nov 2024316369.052.20$566
Oct 2024614671.372.28$761
Sep 20241113169.612.36$1,075
Aug 20241416375.632.06$1,395
Jul 20241212079.932.15$1,217
Jun 20243211878.082.63$2,809
May 20241913678.812.20$1,796
Apr 2024418284.451.66$640
Mar 202406380.301.55$97
Feb 20240076.091.78$0
Jan 202402273.023.30$73
Dec 202359471.262.61$602
Nov 202358577.892.81$628
Oct 202337785.443.09$494
Sep 202346989.042.74$545
Aug 202337580.522.67$442
Jul 202387174.852.64$786
Jun 2023013868.962.26$312
May 202318870.622.23$267
Apr 2023310078.122.24$458
Mar 202327072.852.39$313
Feb 202316875.112.47$243
Jan 2023610976.533.39$828
Dec 2022413176.415.73$1,056
Nov 202219185.005.65$599
Oct 2022512487.185.86$1,163
Sep 2022413484.888.16$1,433
Aug 2022312594.529.13$1,424
Jul 2022495101.587.54$1,123
Jun 20224149115.097.98$1,649
May 2022694109.378.43$1,449
Apr 20225134104.226.84$1,437
Mar 202213135108.885.08$2,101
Feb 2022613091.054.86$1,178
Jan 20221021781.844.54$1,803
Dec 2021827171.323.90$1,627
Nov 2021716377.435.24$1,396
Oct 2021716479.795.71$1,496
Sep 2021714969.865.35$1,286
Aug 20211017366.024.22$1,390
Jul 2021412170.783.98$765
Jun 2021511169.493.38$723
May 2021712163.483.02$810
Apr 20211311360.362.76$1,096
Mar 2021107361.302.72$811
Feb 202166957.805.55$730
Jan 202182050.412.81$459
Dec 202073444.642.68$403
Nov 202068038.772.71$449
Oct 2020813536.972.48$630
Sep 2020518337.091.99$550
Aug 2020519639.982.39$667
Jul 2020510838.371.83$389
Jun 202098734.901.69$461
May 202002116.921.81$38
Apr 202034614.751.80$127
Mar 20201610130.341.86$673
Feb 2020177849.881.98$1,002
Jan 2020174957.252.09$1,076
Dec 201933559.012.30$258
Nov 201975255.302.75$530
Oct 201914153.472.42$153
Sep 20190055.052.66$0
Aug 201911353.112.30$83
Jul 20191756.272.46$73
Jun 201912052.782.49$103
May 2019210458.482.74$402
Apr 201909362.632.75$256
Mar 201909856.803.06$300
Feb 201906150.852.79$170
Jan 201905746.033.23$184
Dec 201805346.594.19$222
Nov 2018210052.934.24$530
Oct 2018311261.443.40$565
Sep 201823259.543.11$219
Aug 201821459.403.07$162
Jul 201822665.142.93$207
Jun 201826760.183.08$327
May 201829065.382.90$392
Apr 201835963.842.90$363
Mar 2018211661.222.79$446
Feb 2018221261.782.77$710
Jan 2018211462.874.01$583
Dec 2017211657.272.92$453
Nov 2017311055.423.12$509
Oct 2017315449.292.98$607
Sep 201712947.523.09$137
Aug 201729445.373.00$373
Jul 201728443.873.09$347
Jun 2017310542.493.09$452
May 2017314545.373.26$609
Apr 201725547.933.21$273
Mar 2017311346.772.98$477
Feb 201738950.452.95$414
Jan 2017618549.413.42$929
Dec 2016513748.763.72$754
Nov 2016632742.492.64$1,120
Oct 2016211646.193.09$451
Sep 2016311941.553.10$494
Aug 2016315141.442.92$566
Jul 2016317541.622.92$637
Jun 2016324845.352.69$802
May 2016323742.521.99$599
Apr 2016211836.561.99$308
Mar 2016324833.011.79$544
Feb 2016322926.472.06$552
Jan 2016331727.352.36$832
Dec 2015316732.362.00$431
Nov 2015317338.792.17$491
Oct 2015413643.552.43$504
Sep 2015521642.992.76$811
Aug 2015322840.162.87$775
Jul 2015325448.152.95$893
Jun 2015334356.152.88$1,157
May 2015231155.212.96$1,030
Apr 2015329749.822.71$953
Mar 2015356742.892.93$1,793
Feb 2015234244.662.98$1,107
Jan 201511143.433.10$78
Dec 2014216654.693.59$706
Nov 2014216670.464.25$847
Oct 2014229378.303.90$1,300
Sep 2014220786.164.05$1,010
Aug 2014219989.394.04$982
Jul 2014227696.564.18$1,347
Jun 2014226798.164.74$1,461
May 2014218894.734.73$1,078
Apr 2014217295.944.81$1,019
Mar 2014212695.895.06$829
Feb 2014225597.406.19$1,774
Jan 2014211690.404.86$745
Dec 2013220191.824.35$1,059
Nov 2013221888.853.74$993
Oct 2013215297.423.78$769
Sep 2013275104.113.72$487
Aug 20132312104.253.52$1,308
Jul 20131176102.523.72$757
Jun 2013117494.403.93$779
May 201314194.834.15$265
Apr 2013112793.964.28$638
Mar 2013215193.623.91$778
Feb 2013216691.233.42$750
Jan 2013321991.603.42$1,024
Dec 2012216686.773.42$741
Nov 2012214486.953.62$696
Oct 2012216789.383.40$747
Sep 201218594.672.92$343
Aug 201229792.662.91$467
Jul 2012230885.133.02$1,101
Jun 2012211779.822.52$454
May 2012214991.612.49$554
Apr 20122400101.652.00$1,002
Mar 201200105.052.22$0
Feb 20121200101.102.57$615
Jan 20120098.092.73$0
Dec 201103396.873.24$107
Nov 2011119795.723.31$748
Oct 2011226484.983.65$1,133
Sep 2011116583.623.99$741
Aug 2011115383.404.15$718
Jul 2011226294.144.52$1,372
Jun 2011119892.904.64$1,012
May 2011227098.134.40$1,386
Apr 20112389105.964.33$1,898
Mar 201119196.364.06$466
Feb 2011217385.644.18$894
Jan 2011222986.504.59$1,224
Dec 2010113885.734.35$686
Nov 201019480.843.80$438
Oct 2010218678.103.51$809
Sep 2010157872.633.98$2,373
Aug 2010111973.684.42$600
Jul 2010213372.554.74$775
Jun 2010321570.364.91$1,267
May 2010221771.124.24$1,061
Apr 2010214081.694.12$741
Mar 2010224978.394.39$1,250
Feb 2010116773.585.44$982
Jan 2010252874.365.96$3,298
Dec 200905171.445.48$280
Nov 200919574.593.75$431
Oct 2009316072.544.11$875
Sep 2009323365.543.06$911
Aug 2009321667.423.22$897
Jul 2009212261.133.46$545
Jun 2009316566.163.90$841
May 2009216054.743.93$738
Apr 2009221546.773.59$865
Mar 200919642.144.06$432
Feb 2009115732.814.63$760
Jan 2009329935.865.37$1,714
Dec 2008118037.105.98$1,113
Nov 2008217155.496.86$1,284
Oct 2008419375.246.92$1,637
Sep 20083176101.767.88$1,692
Aug 20084215114.228.48$2,281
Jul 20084208131.0811.39$2,893
Jun 20084171131.3313.03$2,754
May 20084135123.1711.57$2,055
Apr 20083129110.3110.45$1,680
Mar 20086344101.909.66$3,936
Feb 200827992.538.77$878
Jan 2008730990.388.21$3,168
Dec 20071255588.337.30$5,113
Nov 2007523691.677.29$2,179
Oct 20071033382.856.92$3,134
Sep 2007636275.846.24$2,715
Aug 2007633369.066.39$2,542
Jul 2007425870.906.39$1,932
Jun 2007633362.007.55$2,886
May 2007642758.747.85$3,703
Apr 2007737659.617.81$3,352
Mar 2007551356.927.30$4,031
Feb 2007522555.108.22$2,124
Jan 2007734450.306.73$2,666
Dec 2006636256.656.92$2,844
Nov 2006439354.207.62$3,210
Oct 2006966054.906.01$4,463
Sep 2006625260.085.04$1,630
Aug 2006925268.717.34$2,468
Jul 2006921869.376.34$2,007
Jun 2006923966.286.38$2,122
May 20061541766.016.42$3,669
Apr 20061326664.397.36$2,795
Mar 20061241556.707.08$3,620
Feb 20061230957.597.75$3,086
Jan 20061022760.598.93$2,634
Dec 20051145454.9413.42$6,695
Nov 2005440654.6910.59$4,518
Oct 2005453758.3413.80$7,642
Sep 2005121861.4512.08$2,695
Aug 200504261.519.80$411
Jul 2005111355.697.84$942
Jun 2005228252.337.38$2,186
May 200571,41645.226.65$9,735
Apr 2005622749.207.36$1,966
Mar 20053033450.377.15$3,901
Feb 20052465345.226.31$5,207
Jan 20052526243.166.32$2,735
Dec 20042957839.866.75$5,058
Nov 20043041045.286.33$3,954
Oct 20042548649.706.52$4,409
Sep 2004241,47643.245.28$8,837
Aug 2004271,71342.375.55$10,652
Jul 2004730838.286.08$2,142
Jun 20041461736.106.43$4,475
May 20041484837.486.49$6,032
Apr 2004201,33734.475.86$8,522
Mar 2004201,41734.365.53$8,523
Feb 2004241,79632.455.51$10,674
Jan 20041491032.036.30$6,181
Dec 20031450430.266.30$3,600
Nov 2003444228.804.60$2,146
Oct 2003049328.174.76$2,347
Sep 200301,46326.314.75$6,948
Aug 2003041329.765.13$2,119
Jul 2003080329.415.17$4,152
Jun 200301,61428.565.98$9,657
May 200311,49026.595.97$8,926
Apr 20031139026.675.41$2,402
Mar 2003451,19431.146.10$8,680
Feb 2003541,40933.487.93$12,975
Jan 2003631,49630.315.58$10,260
Dec 2002871,74426.914.85$10,806
Nov 2002641,44024.664.14$7,535
Oct 2002281,58026.464.23$7,423
Sep 2002151,62827.443.64$6,330
Aug 2002171,79325.963.16$6,115
Jul 2002233724.583.06$1,081
Jun 2002131,41023.733.34$5,015
May 2002171,65124.663.58$6,336
Apr 2002141,66223.653.51$6,169
Mar 2002171,66422.003.10$5,537
Feb 2002131,44818.222.38$3,677
Jan 200291,61317.172.38$3,987
Dec 2001101,88916.932.36$4,636
Nov 2001111,85618.072.41$4,663
Oct 2001101,58419.782.53$4,204
Sep 2001101,62524.262.25$3,901
Aug 2001151,71324.873.05$5,603
Jul 2001121,57923.933.20$5,335
Jun 2001466724.563.82$2,649
May 20010025.524.31$0
Apr 20010124.685.34$5
Mar 200103124.545.38$167
Feb 20011066427.755.77$4,107
Jan 2001301,93127.478.40$17,042
Dec 2000282,29526.889.12$21,689
Nov 2000292,18832.215.66$13,314
Oct 2000282,13431.235.15$11,855
Sep 2000292,12131.875.19$11,925
Aug 2000392,05429.644.54$10,483
Jul 2000512,14928.534.09$10,244
Jun 2000501,72129.304.40$9,033
May 2000612,38027.263.68$10,421
Apr 2000662,30124.513.12$8,788
Mar 2000682,36328.422.86$8,690
Feb 2000562,24927.622.73$7,679
Jan 2000392,49325.272.48$7,169
Dec 19992497224.282.42$2,939
Nov 1999442,23923.192.43$6,470
Oct 1999512,17120.982.80$7,157
Sep 1999352,39921.752.62$7,044
Aug 1999222,22219.262.88$6,813
Jul 199902,33617.892.37$5,542
Jun 199901,61015.942.36$3,803
May 199942,55215.792.32$5,986
Apr 1999512,52415.102.21$6,343
Mar 1999512,58412.471.84$5,386
Feb 1999381,6669.981.82$3,408
Jan 1999502,54510.381.90$5,354
Dec 1998542,6749.201.77$5,239
Nov 1998492,51910.892.19$6,039
Oct 1998552,74712.421.97$6,093
Sep 1998442,43212.592.08$5,619
Aug 1998381,92411.301.91$4,099
Jul 1998411,88811.742.24$4,705
Jun 1998422,57011.242.24$6,222
May 1998512,78812.622.21$6,795
Apr 1998572,75013.042.51$7,633
Mar 1998532,68412.802.31$6,877
Feb 1998552,73713.952.30$7,060
Jan 1998603,13014.702.15$7,626
Dec 1997663,31716.322.41$9,075
Nov 1997613,48318.193.09$11,866
Oct 1997643,36319.253.15$11,825
Sep 1997933,12617.742.95$10,887
Aug 1997953,18817.862.55$9,841
Jul 19971053,69517.582.25$10,148
Jun 1997501,84117.242.26$5,018
May 19971093,53218.972.31$10,221
Apr 19973017.882.08$54
Mar 1997571,83518.951.94$4,638
Feb 19971003,03920.492.21$8,753
Jan 1997983,03623.483.54$13,048
Dec 19961083,19423.32$2,519
Nov 1996592,03521.97$1,296
Oct 19961173,75623.31$2,727
Sep 19961043,71022.22$2,311
Aug 19961053,59020.26$2,127
Jul 1996973,76919.55$1,896
Jun 19961173,58318.73$2,191
May 19961323,66419.43$2,565
Apr 19961313,68321.51$2,818
Mar 19961513,91319.38$2,926
Feb 1996633,34216.98$1,070
Jan 1996783,87417.07$1,331
Dec 1995963,81417.19$1,650
Nov 1995644,10216.00$1,024
Oct 1995754,38315.43$1,157
Sep 1995724,15316.18$1,165
Aug 1995794,37515.92$1,258
Jul 1995724,37015.24$1,097
Jun 1995724,29616.41$1,182
May 1995734,23217.56$1,282
Apr 1995884,34217.73$1,560
Mar 19951024,72716.44$1,677
Feb 19951004,31216.58$1,658
Jan 19951164,62515.92$1,847
Dec 1994185,07715.03$271
Nov 1994165,14215.90$254
Oct 1994154,96615.58$234
Sep 1994155,21115.29$229
Aug 1994155,27116.13$242
Jul 1994175,35317.56$299
Jun 1994175,46417.09$291
May 1994165,23115.88$254
Apr 1994103,20714.14$141
Mar 1994103,47212.46$125
Feb 1994113,13812.50$138
Jan 1994154,66212.66$190
Dec 1993154,60212.33$185
Nov 1993165,97814.49$232
Oct 199351,32715.85$79
Sep 1993134,73015.03$195
Aug 1993134,91015.66$204
Jul 1993175,31415.46$263
Jun 1993176,09016.79$285
May 1993258,81117.68$442
Apr 1993185,05918.05$325
Mar 1993299,61618.14$526
Feb 1993276,90217.90$483
Jan 1993489,79416.93$813

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            12 bbl  × $106.41 =     $1,277
Gas                  338 Mcf  × $  3.05 =     $1,029

────────────────────────────────────────────────────
Month total                                   $2,306

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/132517 is the state's own key, not one this site invented.