BRACKEN

Name: BRACKEN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SWIFT ENERGY COMPANY (P-5 833347) 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 132932District 01Field 002565002 tax incentive programmesCondensateGasSave Export

Value, all time

$515 k

Jan 1993 – Mar 2002

Value, last 12 filed months

$75 k

at the published price for each month

Months reported

111

no gaps in the span

Streams

condensate, gas

The A.W.P. (OLMOS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1990-05-08	122067
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	12,904 bbl	$225,987
Gas	Production	355,193 Mcf	$288,777
Total			$514,764

254,069 Mcf of this lease's gas, across 47 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 28.4515, -98.4867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45149, -98.48666 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,765 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

1100.0%

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.

00.0%

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 9,765 ft.

Completions filed

Nov 1989

1 of 1 wells

1 well


42-31132780	54	9,765 ft	Nov 1989	—	Yes

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 (111)

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

111 months


Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	13	0	17.17	2.38	$223
Dec 2001	330	2,844	16.93	2.36	$12,311
Nov 2001	303	2,482	18.07	2.41	$11,446
Oct 2001	267	1,935	19.78	2.53	$10,175
Sep 2001	166	1,381	24.26	2.25	$7,136
Aug 2001	130	859	24.87	3.05	$5,856
Jul 2001	120	914	23.93	3.20	$5,794
Jun 2001	55	906	24.56	3.82	$4,815
May 2001	141	837	25.52	4.31	$7,204
Apr 2001	173	1,131	24.68	5.34	$10,304
Mar 2001	208	775	24.54	5.38	$9,271
Feb 2001	166	1,086	27.75	5.77	$10,870
Jan 2001	28	1,570	27.47	8.40	$13,955
Dec 2000	25	1,676	26.88	9.12	$15,961
Nov 2000	15	962	32.21	5.66	$5,926
Oct 2000	5	507	31.23	5.15	$2,765
Sep 2000	11	634	31.87	5.19	$3,639
Aug 2000	3	427	29.64	4.54	$2,028
Jul 2000	3	575	28.53	4.09	$2,437
Jun 2000	2	766	29.30	4.40	$3,427
May 2000	8	1,020	27.26	3.68	$3,971
Apr 2000	22	2,145	24.51	3.12	$7,223
Mar 2000	25	2,607	28.42	2.86	$8,166
Feb 2000	27	2,426	27.62	2.73	$7,360
Jan 2000	38	2,542	25.27	2.48	$7,266
Dec 1999	24	2,348	24.28	2.42	$6,274
Nov 1999	43	2,399	23.19	2.43	$6,836
Oct 1999	47	2,192	20.98	2.80	$7,132
Sep 1999	35	2,504	21.75	2.62	$7,319
Aug 1999	35	2,439	19.26	2.88	$7,688
Jul 1999	29	2,514	17.89	2.37	$6,483
Jun 1999	33	2,590	15.94	2.36	$6,644
May 1999	35	2,528	15.79	2.32	$6,420
Apr 1999	23	2,523	15.10	2.21	$5,918
Mar 1999	22	2,616	12.47	1.84	$5,083
Feb 1999	13	1,310	9.98	1.82	$2,511
Jan 1999	14	1,552	10.38	1.90	$3,094
Dec 1998	24	2,697	9.20	1.77	$5,003
Nov 1998	21	2,533	10.89	2.19	$5,765
Oct 1998	18	2,061	12.42	1.97	$4,282
Sep 1998	11	1,306	12.59	2.08	$2,858
Aug 1998	11	1,235	11.30	1.91	$2,480
Jul 1998	11	1,247	11.74	2.24	$2,919
Jun 1998	9	1,207	11.24	2.24	$2,802
May 1998	11	1,307	12.62	2.21	$3,023
Apr 1998	12	1,330	13.04	2.51	$3,489
Mar 1998	10	1,238	12.80	2.31	$2,987
Feb 1998	11	1,243	13.95	2.30	$3,011
Jan 1998	12	1,376	14.70	2.15	$3,141
Dec 1997	13	1,525	16.32	2.41	$3,889
Nov 1997	13	1,626	18.19	3.09	$5,258
Oct 1997	15	1,625	19.25	3.15	$5,407
Sep 1997	34	1,499	17.74	2.95	$5,033
Aug 1997	43	1,891	17.86	2.55	$5,599
Jul 1997	51	2,418	17.58	2.25	$6,330
Jun 1997	17	865	17.24	2.26	$2,246
May 1997	69	2,965	18.97	2.31	$8,154
Apr 1997	3	0	17.88	2.08	$54
Mar 1997	55	2,482	18.95	1.94	$5,855
Feb 1997	65	2,692	20.49	2.21	$7,270
Jan 1997	56	2,234	23.48	3.54	$9,223
Dec 1996	67	2,657	23.32	—	$1,562
Nov 1996	37	1,719	21.97	—	$813
Oct 1996	74	3,137	23.31	—	$1,725
Sep 1996	67	3,158	22.22	—	$1,489
Aug 1996	71	3,235	20.26	—	$1,438
Jul 1996	57	3,128	19.55	—	$1,114
Jun 1996	69	2,770	18.73	—	$1,292
May 1996	92	3,822	19.43	—	$1,788
Apr 1996	4	163	21.51	—	$86
Mar 1996	6	0	19.38	—	$116
Feb 1996	61	2,032	16.98	—	$1,036
Jan 1996	89	2,880	17.07	—	$1,519
Dec 1995	92	2,203	17.19	—	$1,581
Nov 1995	87	3,564	16.00	—	$1,392
Oct 1995	102	3,799	15.43	—	$1,574
Sep 1995	98	3,608	16.18	—	$1,586
Aug 1995	112	3,911	15.92	—	$1,783
Jul 1995	107	4,219	15.24	—	$1,631
Jun 1995	109	4,148	16.41	—	$1,789
May 1995	106	3,925	17.56	—	$1,861
Apr 1995	132	4,136	17.73	—	$2,340
Mar 1995	149	4,417	16.44	—	$2,450
Feb 1995	148	4,100	16.58	—	$2,454
Jan 1995	181	4,288	15.92	—	$2,882
Dec 1994	208	4,675	15.03	—	$3,126
Nov 1994	185	4,630	15.90	—	$2,942
Oct 1994	117	2,297	15.58	—	$1,823
Sep 1994	232	6,168	15.29	—	$3,547
Aug 1994	231	5,549	16.13	—	$3,726
Jul 1994	337	8,094	17.56	—	$5,918
Jun 1994	334	7,862	17.09	—	$5,708
May 1994	308	6,862	15.88	—	$4,891
Apr 1994	218	5,369	14.14	—	$3,083
Mar 1994	240	6,136	12.46	—	$2,990
Feb 1994	270	6,306	12.50	—	$3,375
Jan 1994	297	6,672	12.66	—	$3,760
Dec 1993	265	6,487	12.33	—	$3,267
Nov 1993	313	7,161	14.49	—	$4,535
Oct 1993	313	8,436	15.85	—	$4,961
Sep 1993	274	7,411	15.03	—	$4,118
Aug 1993	278	7,885	15.66	—	$4,353
Jul 1993	380	8,458	15.46	—	$5,875
Jun 1993	356	9,832	16.79	—	$5,977
May 1993	411	10,203	17.68	—	$7,266
Apr 1993	385	8,889	18.05	—	$6,949
Mar 1993	486	10,993	18.14	—	$8,816
Feb 1993	553	10,964	17.90	—	$9,899
Jan 1993	564	11,711	16.93	—	$9,549

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.

Jan 2002 — as filed, then multipliedworked

Condensate            13 bbl  × $ 17.17 =       $223
Gas                    0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                     $223

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/132932 is the state's own key, not one this site invented.