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 155321District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jul 1995 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
371
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 Gas111995-10-03132665
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
CondensateDisposition18,734 bbl$528,910
GasProduction497,139 Mcf$1,304,509
Total$1,833,419

152,900 Mcf of this lease's gas, across 18 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 28.4148, -98.4940. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41481, -98.49396 · 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
10,000 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 10,000 ft.

Completions filed
Jul 1995
1 of 1 wells

1 well

42-311330777010,000 ftJul 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 (371)

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

371 months

May 20262127106.413.05$600
Apr 2026137598.932.87$1,175
Mar 2026022489.753.15$705
Feb 2026112763.503.75$540
Jan 2026111659.138.00$987
Dec 2025126656.664.41$1,231
Nov 2025217958.593.93$820
Oct 2025721259.383.30$1,116
Sep 2025712062.743.08$808
Aug 20251019463.933.01$1,224
Jul 2025032366.743.32$1,071
Jun 2025041166.483.13$1,286
May 2025218960.553.23$732
Apr 2025824962.363.54$1,381
Mar 2025027567.704.27$1,174
Feb 2025029270.884.34$1,268
Jan 2025018974.324.28$809
Dec 20241148068.993.12$2,257
Nov 2024235369.052.20$914
Oct 2024428271.372.28$929
Sep 2024623469.612.36$971
Aug 2024730675.632.06$1,161
Jul 2024421179.932.15$773
Jun 2024822378.082.63$1,212
May 2024423078.812.20$821
Apr 2024336384.451.66$856
Mar 2024031480.301.55$485
Feb 20240076.091.78$0
Jan 202401173.023.30$36
Dec 202313971.262.61$173
Nov 202323377.892.81$248
Oct 202313685.443.09$197
Sep 202323689.042.74$277
Aug 202323680.522.67$257
Jul 202363374.852.64$536
Jun 2023013268.962.26$298
May 202319270.622.23$276
Apr 202327678.122.24$326
Mar 2023311372.852.39$489
Feb 202327375.112.47$330
Jan 202369476.533.39$778
Dec 2022411476.415.73$959
Nov 202218185.005.65$542
Oct 2022410687.185.86$970
Sep 2022411184.888.16$1,246
Aug 2022312294.529.13$1,397
Jul 2022382101.587.54$923
Jun 20224135115.097.98$1,537
May 20224118109.378.43$1,433
Apr 20223123104.226.84$1,154
Mar 20227130108.885.08$1,422
Feb 2022322391.054.86$1,357
Jan 2022425081.844.54$1,462
Dec 2021430671.323.90$1,478
Nov 2021428277.435.24$1,787
Oct 2021319579.795.71$1,354
Sep 2021421269.865.35$1,414
Aug 2021516166.024.22$1,010
Jul 2021316670.783.98$873
Jun 2021211569.493.38$528
May 2021311463.483.02$534
Apr 2021611860.362.76$688
Mar 202159661.302.72$567
Feb 202139157.805.55$678
Jan 2021519650.412.81$803
Dec 2020311944.642.68$452
Nov 2020310738.772.71$406
Oct 2020520736.972.48$698
Sep 2020323237.091.99$573
Aug 2020316139.982.39$504
Jul 2020314238.371.83$374
Jun 2020320734.901.69$455
May 202003216.921.81$58
Apr 2020132514.751.80$601
Mar 2020525530.341.86$625
Feb 2020530049.881.98$844
Jan 2020530057.252.09$915
Dec 2019212959.012.30$415
Nov 2019722255.302.75$998
Oct 2019237953.472.42$1,024
Sep 2019142855.052.66$1,192
Aug 2019114053.112.30$376
Jul 2019126656.272.46$711
Jun 2019125152.782.49$678
May 2019129258.482.74$859
Apr 2019030362.632.75$833
Mar 2019037456.803.06$1,145
Feb 2019021450.852.79$598
Jan 2019026746.033.23$862
Dec 2018028546.594.19$1,193
Nov 20181325552.934.24$1,769
Oct 20182527961.443.40$2,484
Sep 20181822759.543.11$1,777
Aug 20182329959.403.07$2,283
Jul 20182846365.142.93$3,181
Jun 20181526360.183.08$1,712
May 20182236365.382.90$2,491
Apr 20182039563.842.90$2,423
Mar 20181340661.222.79$1,927
Feb 20181355861.782.77$2,347
Jan 20181571862.874.01$3,822
Dec 20171551557.272.92$2,364
Nov 20171244655.423.12$2,056
Oct 20171335549.292.98$1,700
Sep 20171247747.523.09$2,043
Aug 2017937745.373.00$1,541
Jul 20171444643.873.09$1,991
Jun 20171540542.493.09$1,888
May 20171839845.373.26$2,115
Apr 20171541247.933.21$2,042
Mar 20171435346.772.98$1,708
Feb 20171240750.452.95$1,807
Jan 20171235049.413.42$1,790
Dec 20161550648.763.72$2,615
Nov 20161655042.492.64$2,134
Oct 20161871846.193.09$3,050
Sep 20161838841.553.10$1,951
Aug 20161871641.442.92$2,840
Jul 20162069541.622.92$2,865
Jun 20161566945.352.69$2,477
May 20161496042.521.99$2,507
Apr 2016161,02036.561.99$2,616
Mar 2016141,18633.011.79$2,590
Feb 2016151,09126.472.06$2,648
Jan 20161475527.352.36$2,168
Dec 20152269132.362.00$2,095
Nov 20151877638.792.17$2,380
Oct 20151861843.552.43$2,284
Sep 20151874942.992.76$2,840
Aug 20151782740.162.87$3,058
Jul 2015171,01348.152.95$3,802
Jun 2015151,04256.152.88$3,846
May 201591,17555.212.96$3,970
Apr 2015141,01849.822.71$3,453
Mar 20151498342.892.93$3,485
Feb 20151166944.662.98$2,482
Jan 20151369243.433.10$2,710
Dec 20141489854.693.59$3,991
Nov 20141198170.464.25$4,946
Oct 20141174978.303.90$3,783
Sep 20141392386.164.05$4,854
Aug 20141074189.394.04$3,884
Jul 20141387496.564.18$4,908
Jun 2014111,00398.164.74$5,831
May 20141399094.734.73$5,911
Apr 20141274095.944.81$4,710
Mar 20141454095.895.06$4,073
Feb 20141365197.406.19$5,297
Jan 20141640990.404.86$3,434
Dec 20131563891.824.35$4,155
Nov 20131592288.853.74$4,779
Oct 20131562097.423.78$3,805
Sep 201312627104.113.72$3,580
Aug 201312700104.253.52$3,717
Jul 201312714102.523.72$3,885
Jun 20131466094.403.93$3,918
May 20131427094.834.15$2,448
Apr 20131060693.964.28$3,535
Mar 20131671093.623.91$4,276
Feb 20131447291.233.42$2,891
Jan 20131659791.603.42$3,507
Dec 20121554286.773.42$3,155
Nov 20122076486.953.62$4,508
Oct 20121545389.383.40$2,881
Sep 20121979494.672.92$4,116
Aug 20121648592.662.91$2,893
Jul 20121566485.133.02$3,283
Jun 20121577379.822.52$3,145
May 20121364291.612.49$2,788
Apr 201213609101.652.00$2,538
Mar 201210807105.052.22$2,844
Feb 20127671101.102.57$2,432
Jan 2012788098.092.73$3,093
Dec 2011962896.873.24$2,906
Nov 2011976395.723.31$3,388
Oct 20111074984.983.65$3,583
Sep 2011749483.623.99$2,554
Aug 2011762183.404.15$3,161
Jul 20111068294.144.52$4,022
Jun 2011752992.904.64$3,105
May 20111076798.134.40$4,360
Apr 201110635105.964.33$3,811
Mar 2011746296.364.06$2,549
Feb 20111071885.644.18$3,858
Jan 20111050486.504.59$3,178
Dec 20101061485.734.35$3,527
Nov 20101055980.843.80$2,930
Oct 20101154078.103.51$2,754
Sep 20101352872.633.98$3,045
Aug 20101052173.684.42$3,039
Jul 20101658772.554.74$3,941
Jun 20101875570.364.91$4,974
May 20101766271.124.24$4,013
Apr 20101653081.694.12$3,492
Mar 20101070278.394.39$3,865
Feb 2010657173.585.44$3,549
Jan 2010880974.365.96$5,420
Dec 2009852871.445.48$3,467
Nov 20091655874.593.75$3,287
Oct 20092069772.544.11$4,316
Sep 20091659765.543.06$2,878
Aug 20091957867.423.22$3,141
Jul 20092062961.133.46$3,402
Jun 20091856966.163.90$3,407
May 20091060454.743.93$2,919
Apr 2009755446.773.59$2,315
Mar 2009859442.144.06$2,748
Feb 2009952832.814.63$2,742
Jan 20091461935.865.37$3,827
Dec 20081065737.105.98$4,298
Nov 20081456755.496.86$4,667
Oct 20081963175.246.92$5,797
Sep 200821626101.767.88$7,068
Aug 200819583114.228.48$7,116
Jul 200821624131.0811.39$9,860
Jun 200821552131.3313.03$9,952
May 200832635123.1711.57$11,291
Apr 200825602110.3110.45$9,052
Mar 200825744101.909.66$9,738
Feb 20082972192.538.77$9,007
Jan 20084185090.388.21$10,680
Dec 20073783388.337.30$9,351
Nov 20073667591.677.29$8,222
Oct 20072561982.856.92$6,356
Sep 20072472975.846.24$6,372
Aug 20073584769.066.39$7,828
Jul 20072778870.906.39$6,948
Jun 20072864062.007.55$6,567
May 20073084358.747.85$8,377
Apr 20072871659.617.81$7,258
Mar 20072364756.927.30$6,034
Feb 20072869055.108.22$7,212
Jan 20073682650.306.73$7,367
Dec 20062978056.656.92$7,039
Nov 20063086654.207.62$8,223
Oct 20063990654.906.01$7,590
Sep 20063183460.085.04$6,064
Aug 20065074368.717.34$8,889
Jul 20065590069.376.34$9,524
Jun 20064978266.286.38$8,240
May 20065693966.016.42$9,730
Apr 20064390164.397.36$9,401
Mar 20065177156.707.08$8,353
Feb 20065877557.597.75$9,347
Jan 20066397760.598.93$12,545
Dec 20055695154.9413.42$15,835
Nov 20052580254.6910.59$9,859
Oct 20051696958.3413.80$14,302
Sep 20051485561.4512.08$11,188
Aug 2005161,08161.519.80$11,575
Jul 20051483855.697.84$7,353
Jun 20051381752.337.38$6,711
May 20051898945.226.65$7,392
Apr 20052695149.207.36$8,279
Mar 2005421,09150.377.15$9,922
Feb 20052399745.226.31$7,333
Jan 2005401,07743.166.32$8,535
Dec 2004511,38439.866.75$11,376
Nov 2004501,28745.286.33$10,411
Oct 2004521,53949.706.52$12,611
Sep 2004581,04043.245.28$8,003
Aug 20045189142.375.55$7,107
Jul 2004561,08938.286.08$8,769
Jun 20044576336.106.43$6,533
May 20043984937.486.49$6,976
Apr 20044887934.475.86$6,804
Mar 20044780034.365.53$6,039
Feb 20044791132.455.51$6,544
Jan 20044488532.036.30$6,985
Dec 20035190430.266.30$7,240
Nov 20035890728.804.60$5,838
Oct 20035997328.174.76$6,293
Sep 20035590126.314.75$5,726
Aug 2003501,10229.765.13$7,141
Jul 20035089029.415.17$6,073
Jun 20037495928.565.98$7,851
May 2003511,07026.595.97$7,747
Apr 2003431,17626.675.41$7,506
Mar 20035976431.146.10$6,495
Feb 20035775933.487.93$7,924
Jan 20036172230.315.58$5,879
Dec 20025085226.914.85$5,481
Nov 20024387724.664.14$4,688
Oct 2002181,11526.464.23$5,192
Sep 2002171,43027.443.64$5,665
Aug 2002211,74025.963.16$6,051
Jul 2002181,68224.583.06$5,592
Jun 2002181,57623.733.34$5,688
May 2002231,82724.663.58$7,115
Apr 2002181,77523.653.51$6,660
Mar 2002251,99522.003.10$6,740
Feb 2002801,64718.222.38$5,370
Jan 20021912,17817.172.38$8,454
Dec 20012102,39216.932.36$9,211
Nov 20012082,34118.072.41$9,390
Oct 20011541,45119.782.53$6,716
Sep 20011181,25924.262.25$5,697
Aug 2001981,22124.873.05$6,165
Jul 2001771,21123.933.20$5,714
Jun 2001631,30724.563.82$6,545
May 2001631,08025.524.31$6,260
Apr 2001711,47024.685.34$9,595
Mar 20018390024.545.38$6,876
Feb 2001831,21527.755.77$9,310
Jan 20011041,42327.478.40$14,808
Dec 20001001,76426.889.12$18,780
Nov 20001051,78532.215.66$13,482
Oct 20001011,73031.235.15$12,056
Sep 20001201,91731.875.19$13,767
Aug 2000712,06229.644.54$11,467
Jul 2000201,70428.534.09$7,540
Jun 2000181,54429.304.40$7,317
May 2000242,04327.263.68$8,172
Apr 2000282,15924.513.12$7,414
Mar 2000302,25228.422.86$7,293
Feb 2000262,17727.622.73$6,654
Jan 2000312,38225.272.48$6,692
Dec 1999241,39224.282.42$3,957
Nov 1999442,58023.192.43$7,300
Oct 1999472,07920.982.80$6,815
Sep 1999352,25121.752.62$6,656
Aug 1999262,31219.262.88$7,149
Jul 199902,47217.892.37$5,865
Jun 199902,53915.942.36$5,997
May 1999132,74215.792.32$6,570
Apr 19991222,71315.102.21$7,833
Mar 19991312,92512.471.84$7,011
Feb 19991252,5559.981.82$5,892
Jan 19991292,89410.381.90$6,837
Dec 19981433,1719.201.77$6,939
Nov 19981172,73910.892.19$7,261
Oct 19981393,10012.421.97$7,831
Sep 19981263,07512.592.08$7,990
Aug 19981533,51711.301.91$8,437
Jul 19981693,61611.742.24$10,074
Jun 19981293,52511.242.24$9,336
May 19981704,00312.622.21$10,977
Apr 19981854,06213.042.51$12,589
Mar 19981713,97812.802.31$11,376
Feb 19981723,78513.952.30$11,102
Jan 19981884,45014.702.15$12,352
Dec 19972004,51016.322.41$14,138
Nov 19971934,92018.193.09$18,705
Oct 19971985,08919.253.15$19,841
Sep 19971435,13817.742.95$17,719
Aug 19971354,87517.862.55$14,865
Jul 19971445,20417.582.25$14,225
Jun 1997773,42917.242.26$9,067
May 1997652,11418.972.31$6,113
Apr 19971716,88417.882.08$17,395
Mar 19971706,29518.951.94$15,428
Feb 19971384,46720.492.21$12,681
Jan 19971444,64523.483.54$19,823
Dec 19961825,73823.32$4,244
Nov 1996943,54921.97$2,065
Oct 19961705,81623.31$3,963
Sep 19961595,99022.22$3,533
Aug 19961806,47220.26$3,647
Jul 19961837,64519.55$3,578
Jun 19962156,99718.73$4,027
May 19962557,47619.43$4,955
Apr 19962798,29121.51$6,001
Mar 19963718,69319.38$7,190
Feb 19966336,64416.98$10,748
Jan 19968167,84317.07$13,929
Dec 19951,1649,65117.19$20,009
Nov 199540710,57916.00$6,512
Oct 199552111,45915.43$8,039
Sep 199567915,88016.18$10,986
Aug 199567717,20915.92$10,778
Jul 19952316,96815.24$3,520

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             2 bbl  × $106.41 =       $213
Gas                  127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $600

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/155321 is the state's own key, not one this site invented.