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 152867District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
377
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 Gas111995-03-30131599
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
CondensateDisposition14,310 bbl$381,998
GasProduction402,385 Mcf$1,082,670
Total$1,464,668

122,242 Mcf of this lease's gas, across 24 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 28.4218, -98.4832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42185, -98.48319 · 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
9,950 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 9,950 ft.

Completions filed
Jan 1995
1 of 1 wells

1 well

42-31133048699,950 ftJan 1995

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 (377)

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

377 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025017260.553.23$556
Apr 20251262.363.54$69
Mar 20250367.704.27$13
Feb 20250770.884.34$30
Jan 20250774.324.28$30
Dec 20240368.993.12$9
Nov 20240669.052.20$13
Oct 202401171.372.28$25
Sep 20240969.612.36$21
Aug 202411075.632.06$96
Jul 20240779.932.15$15
Jun 20240778.082.63$18
May 20240778.812.20$15
Apr 202408384.451.66$138
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240173.023.30$3
Dec 20230771.262.61$18
Nov 20230977.892.81$25
Oct 20230885.443.09$25
Sep 20230789.042.74$19
Aug 20230780.522.67$19
Jul 20231774.852.64$93
Jun 2023015468.962.26$348
May 202309970.622.23$221
Apr 2023010978.122.24$244
Mar 2023011672.852.39$278
Feb 202308475.112.47$207
Jan 2023113076.533.39$517
Dec 2022017776.415.73$1,014
Nov 2022013085.005.65$734
Oct 2022211187.185.86$825
Sep 2022214884.888.16$1,378
Aug 2022116194.529.13$1,564
Jul 20222153101.587.54$1,357
Jun 20221149115.097.98$1,304
May 20221174109.378.43$1,577
Apr 20220177104.226.84$1,210
Mar 20220162108.885.08$822
Feb 2022019691.054.86$952
Jan 2022020981.844.54$948
Dec 2021031971.323.90$1,244
Nov 2021028677.435.24$1,498
Oct 2021025679.795.71$1,463
Sep 2021023969.865.35$1,279
Aug 2021020166.024.22$848
Jul 2021022570.783.98$896
Jun 2021034769.493.38$1,173
May 2021010663.483.02$320
Apr 2021030360.362.76$836
Mar 2021061161.302.72$1,660
Feb 2021027657.805.55$1,531
Jan 2021128450.412.81$849
Dec 2020332644.642.68$1,006
Nov 2020823738.772.71$952
Oct 20201148936.972.48$1,619
Sep 2020759237.091.99$1,438
Aug 2020859139.982.39$1,729
Jul 2020654238.371.83$1,219
Jun 2020545634.901.69$945
May 202006916.921.81$125
Apr 2020033114.751.80$597
Mar 2020069630.341.86$1,292
Feb 2020068749.881.98$1,361
Jan 2020039057.252.09$817
Dec 2019055559.012.30$1,279
Nov 2019734755.302.75$1,342
Oct 20192666653.472.42$3,001
Sep 20191795455.052.66$3,471
Aug 20192044553.112.30$2,088
Jul 20191759756.272.46$2,425
Jun 20191568352.782.49$2,493
May 20191083358.482.74$2,867
Apr 2019073662.632.75$2,025
Mar 2019067356.803.06$2,061
Feb 2019062850.852.79$1,754
Jan 2019065946.033.23$2,127
Dec 2018072246.594.19$3,022
Nov 2018973552.934.24$3,591
Oct 20181967161.443.40$3,447
Sep 20181558659.543.11$2,714
Aug 20181773959.403.07$3,276
Jul 20181767465.142.93$3,083
Jun 20181494060.183.08$3,735
May 20181396965.382.90$3,661
Apr 2018669963.842.90$2,411
Mar 20181274061.222.79$2,797
Feb 2018121,02361.782.77$3,571
Jan 2018131,11562.874.01$5,288
Dec 20171379757.272.92$3,073
Nov 20171488355.423.12$3,529
Oct 20171476849.292.98$2,982
Sep 20171078747.523.09$2,905
Aug 20171066345.373.00$2,446
Jul 20171692643.873.09$3,561
Jun 20171473542.493.09$2,864
May 20171980245.373.26$3,479
Apr 20171361947.933.21$2,611
Mar 20171469446.772.98$2,725
Feb 20171268550.452.95$2,628
Jan 20171371349.413.42$3,080
Dec 2016151,04548.763.72$4,622
Nov 2016141,02142.492.64$3,295
Oct 2016141,08146.193.09$3,987
Sep 20161589541.553.10$3,398
Aug 2016131,16941.442.92$3,957
Jul 2016161,26941.622.92$4,377
Jun 2016151,68145.352.69$5,195
May 2016131,87242.521.99$4,280
Apr 2016121,78936.561.99$4,001
Mar 2016121,79833.011.79$3,622
Feb 2016162,09926.472.06$4,755
Jan 2016141,52627.352.36$3,991
Dec 2015231,56532.362.00$3,876
Nov 2015171,26038.792.17$3,390
Oct 2015231,55843.552.43$4,782
Sep 2015201,39042.992.76$4,694
Aug 2015161,59940.162.87$5,236
Jul 2015161,98348.152.95$6,610
Jun 2015161,93156.152.88$6,465
May 2015101,59755.212.96$5,272
Apr 2015162,21949.822.71$6,803
Mar 2015152,16342.892.93$6,991
Feb 2015111,31844.662.98$4,414
Jan 2015141,48343.433.10$5,206
Dec 2014131,40054.693.59$5,739
Nov 2014121,39370.464.25$6,768
Oct 2014101,47278.303.90$6,525
Sep 2014111,33686.164.05$6,352
Aug 2014101,40789.394.04$6,571
Jul 2014131,62696.564.18$8,051
Jun 2014121,87398.164.74$10,050
May 2014131,35794.734.73$7,645
Apr 2014131,38895.944.81$7,922
Mar 2014151,07695.895.06$6,879
Feb 20141187597.406.19$6,489
Jan 2014161,11790.404.86$6,876
Dec 2013131,16891.824.35$6,280
Nov 2013131,87888.853.74$8,176
Oct 2013121,08897.423.78$5,281
Sep 2013101,163104.113.72$5,365
Aug 201391,198104.253.52$5,158
Jul 2013111,224102.523.72$5,678
Jun 201391,13894.403.93$5,326
May 2013942594.834.15$2,617
Apr 201381,07793.964.28$5,364
Mar 2013121,07593.623.91$5,330
Feb 2013131,13391.233.42$5,061
Jan 20131296591.603.42$4,399
Dec 20121196386.773.42$4,248
Nov 20121292286.953.62$4,386
Oct 2012141,08289.383.40$4,930
Sep 20121297294.672.92$3,973
Aug 2012121,16192.662.91$4,488
Jul 2012101,15785.133.02$4,346
Jun 2012111,08079.822.52$3,599
May 2012101,04291.612.49$3,509
Apr 201291,096101.652.00$3,103
Mar 201271,085105.052.22$3,146
Feb 20124737101.102.57$2,299
Jan 2012486598.092.73$2,757
Dec 2011583696.873.24$3,193
Nov 2011579795.723.31$3,118
Oct 2011578184.983.65$3,274
Sep 2011687183.623.99$3,973
Aug 2011591483.404.15$4,209
Jul 2011569494.144.52$3,606
Jun 2011462192.904.64$3,253
May 2011572998.134.40$3,702
Apr 20115670105.964.33$3,433
Mar 2011450796.364.06$2,443
Feb 2011349785.644.18$2,334
Jan 2011660886.504.59$3,309
Dec 2010665885.734.35$3,375
Nov 2010561380.843.80$2,731
Oct 2010565678.103.51$2,692
Sep 2010548072.633.98$2,273
Aug 2010555573.684.42$2,821
Jul 2010958472.554.74$3,419
Jun 2010861470.364.91$3,578
May 2010869071.124.24$3,491
Apr 2010857081.694.12$3,003
Mar 2010666878.394.39$3,402
Feb 2010594873.585.44$5,527
Jan 2010240274.365.96$2,546
Dec 2009547071.445.48$2,935
Nov 2009954574.593.75$2,716
Oct 20091163872.544.11$3,420
Sep 20091067165.543.06$2,712
Aug 2009964967.423.22$2,696
Jul 20091054961.133.46$2,513
Jun 2009959266.163.90$2,901
May 2009764954.743.93$2,931
Apr 2009454946.773.59$2,157
Mar 2009463642.144.06$2,750
Feb 2009352232.814.63$2,517
Jan 2009656835.865.37$3,266
Dec 2008456637.105.98$3,531
Nov 2008758255.496.86$4,381
Oct 2008960575.246.92$4,865
Sep 200810582101.767.88$5,602
Aug 200810605114.228.48$6,274
Jul 200811557131.0811.39$7,786
Jun 20089418131.3313.03$6,630
May 200815526123.1711.57$7,936
Apr 200811563110.3110.45$7,100
Mar 200812550101.909.66$6,538
Feb 20081152992.538.77$5,657
Jan 20081352390.388.21$5,467
Dec 20071459588.337.30$5,581
Nov 20071049091.677.29$4,490
Oct 20071364482.856.92$5,535
Sep 2007954275.846.24$4,067
Aug 20071458669.066.39$4,710
Jul 20071266370.906.39$5,086
Jun 20071577862.007.55$6,803
May 20071586658.747.85$7,676
Apr 2007191,20759.617.81$10,553
Mar 2007963156.927.30$5,120
Feb 20071061155.108.22$5,571
Jan 20071365650.306.73$5,067
Dec 20061055556.656.92$4,406
Nov 20061053754.207.62$4,633
Oct 20061053954.906.01$3,790
Sep 20061155860.085.04$3,472
Aug 20062157268.717.34$5,641
Jul 20062156069.376.34$5,009
Jun 20062171766.286.38$5,969
May 20062358466.016.42$5,270
Apr 20061767464.397.36$6,056
Mar 20062158856.707.08$5,355
Feb 20062756157.597.75$5,903
Jan 20062658260.598.93$6,775
Dec 20052763754.9413.42$10,029
Nov 20052667254.6910.59$8,537
Oct 20053563058.3413.80$10,733
Sep 20052660161.4512.08$8,857
Aug 20053161761.519.80$7,951
Jul 20053663455.697.84$6,978
Jun 20052665252.337.38$6,173
May 20053860545.226.65$5,742
Apr 20053058649.207.36$5,789
Mar 20052966850.377.15$6,240
Feb 20051962145.226.31$4,779
Jan 20053073143.166.32$5,916
Dec 20042861239.866.75$5,248
Nov 20042660545.286.33$5,007
Oct 20042368149.706.52$5,580
Sep 20042495343.245.28$6,073
Aug 20042996542.375.55$6,585
Jul 2004351,15338.286.08$8,355
Jun 20042054136.106.43$4,202
May 20042155637.486.49$4,398
Apr 20042052134.475.86$3,742
Mar 20042456534.365.53$3,949
Feb 20041437132.455.51$2,498
Jan 20042149032.036.30$3,759
Dec 20032660130.266.30$4,574
Nov 20032657228.804.60$3,377
Oct 20032559728.174.76$3,546
Sep 20032768326.314.75$3,954
Aug 20033363229.765.13$4,224
Jul 20032247129.415.17$3,082
Jun 20033265428.565.98$4,827
May 20032668826.595.97$4,801
Apr 20032262826.675.41$3,983
Mar 20032668831.146.10$5,004
Feb 20032872733.487.93$6,700
Jan 20033266430.315.58$4,676
Dec 20024396126.914.85$5,822
Nov 20023883624.664.14$4,396
Oct 20023781226.464.23$4,413
Sep 20024976327.443.64$4,118
Aug 20025088225.963.16$4,089
Jul 20025399924.583.06$4,361
Jun 2002601,06823.733.34$4,989
May 2002631,00424.663.58$5,152
Apr 2002701,36323.653.51$6,443
Mar 20021081,77022.003.10$7,868
Feb 2002891,02718.222.38$4,061
Jan 20021981,76517.172.38$7,593
Dec 20011711,62216.932.36$6,730
Nov 20011291,10518.072.41$4,989
Oct 20011901,47619.782.53$7,491
Sep 20011561,21524.262.25$6,520
Aug 20011221,20324.873.05$6,707
Jul 20014660123.933.20$3,022
Jun 20014774124.563.82$3,988
May 20016688125.524.31$5,479
Apr 20016189124.685.34$6,259
Mar 20018166524.545.38$5,563
Feb 20016579327.755.77$6,377
Jan 20015882327.478.40$8,505
Dec 20002959326.889.12$6,189
Nov 20003664932.215.66$4,832
Oct 20005183931.235.15$5,910
Sep 20006698231.875.19$7,197
Aug 2000561,44629.644.54$8,226
Jul 2000341,55228.534.09$7,317
Jun 2000321,24929.304.40$6,430
May 2000381,60127.263.68$6,927
Apr 2000411,54124.513.12$5,807
Mar 2000391,46228.422.86$5,289
Feb 2000341,44427.622.73$4,876
Jan 2000251,70125.272.48$4,851
Dec 19992170624.282.42$2,221
Nov 1999361,05523.192.43$3,403
Oct 19993981120.982.80$3,092
Sep 1999351,54021.752.62$4,794
Aug 1999371,60919.262.88$5,339
Jul 1999291,72417.892.37$4,609
Jun 1999331,90515.942.36$5,026
May 19992897615.792.32$2,707
Apr 19993455215.102.21$1,732
Mar 19994575912.471.84$1,956
Feb 1999354989.981.82$1,255
Jan 19994068210.381.90$1,711
Dec 1998365669.201.77$1,335
Nov 19983457910.892.19$1,636
Oct 19984673712.421.97$2,023
Sep 19984682112.592.08$2,289
Aug 19984270111.301.91$1,812
Jul 19984873111.742.24$2,199
Jun 19984180711.242.24$2,266
May 1998661,18412.622.21$3,445
Apr 19985995213.042.51$3,154
Mar 19984471812.802.31$2,221
Feb 19986193013.952.30$2,989
Jan 1998941,54614.702.15$4,713
Dec 19971662,70716.322.41$9,236
Nov 19971663,11718.193.09$12,646
Oct 19971613,08619.253.15$12,820
Sep 1997641,83417.742.95$6,555
Aug 1997611,67517.862.55$5,369
Jul 1997752,32417.582.25$6,540
Jun 19972159117.242.26$1,696
May 19977350418.972.31$2,548
Apr 19971424,45917.882.08$11,826
Mar 19971634,80218.951.94$12,401
Feb 19971152,96420.492.21$8,895
Jan 19971102,82723.483.54$12,590
Dec 19961343,28723.32$3,125
Nov 1996832,46821.97$1,824
Oct 19961463,95523.31$3,403
Sep 19961313,97522.22$2,911
Aug 19961393,98220.26$2,816
Jul 19961204,04319.55$2,346
Jun 19962799,65418.73$5,226
May 19961383,21719.43$2,681
Apr 19961423,32121.51$3,054
Mar 19961823,81319.38$3,527
Feb 19961583,41716.98$2,683
Jan 19961703,44517.07$2,902
Dec 19952043,12617.19$3,507
Nov 19951823,34116.00$2,912
Oct 19952674,56815.43$4,120
Sep 19952935,00516.18$4,741
Aug 19953585,89515.92$5,699
Jul 19953656,82615.24$5,563
Jun 19954087,12616.41$6,695
May 19954648,49117.56$8,148
Apr 19954146,00817.73$7,340
Mar 19956218,57916.44$10,209
Feb 19956909,42516.58$11,440
Jan 19954275,27515.92$6,798

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.55 =         $0
Gas                  172 Mcf  × $  3.23 =       $556

────────────────────────────────────────────────────
Month total                                     $556

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/152867 is the state's own key, not one this site invented.