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 157264District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Nov 1995 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
367
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 Gas111996-04-11133911
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
CondensateDisposition17,421 bbl$705,224
GasProduction1,056,026 Mcf$3,269,465
Total$3,974,689

247,168 Mcf of this lease's gas, across 14 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 28.4183, -98.4800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41826, -98.47997 · 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
10,032 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 10,032 ft.

Completions filed
Nov 1995
1 of 1 wells

1 well

42-311331137310,032 ftNov 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 (367)

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

367 months

May 20264310106.413.05$1,370
Apr 202689798.932.87$1,070
Mar 2026532889.753.15$1,482
Feb 2026432263.503.75$1,462
Jan 2026413259.138.00$1,292
Dec 2025621356.664.41$1,280
Nov 20251227658.593.93$1,787
Oct 2025737759.383.30$1,662
Sep 2025636862.743.08$1,509
Aug 202558863.933.01$585
Jul 202507466.743.32$245
Jun 2025020866.483.13$651
May 202522260.553.23$192
Apr 202576062.363.54$649
Mar 202504767.704.27$201
Feb 202502770.884.34$117
Jan 202501274.324.28$51
Dec 202492268.993.12$690
Nov 202413969.052.20$155
Oct 202417871.372.28$249
Sep 202426569.612.36$293
Aug 202427475.632.06$304
Jul 202415679.932.15$200
Jun 202425278.082.63$293
May 202427678.812.20$325
Apr 202438184.451.66$388
Mar 2024018180.301.55$280
Feb 20240076.091.78$0
Jan 202401873.023.30$59
Dec 2023817671.262.61$1,030
Nov 2023716477.892.81$1,006
Oct 2023415885.443.09$830
Sep 2023515089.042.74$855
Aug 2023314480.522.67$626
Jul 2023714674.852.64$910
Jun 202305468.962.26$122
May 2023220770.622.23$602
Apr 2023421878.122.24$800
Mar 2023421372.852.39$801
Feb 2023220275.112.47$648
Jan 20231026276.533.39$1,653
Dec 2022725876.415.73$2,013
Nov 2022226885.005.65$1,683
Oct 2022721487.185.86$1,865
Sep 2022631084.888.16$3,040
Aug 2022429394.529.13$3,052
Jul 20224251101.587.54$2,299
Jun 20224201115.097.98$2,064
May 20226259109.378.43$2,840
Apr 20224400104.226.84$3,152
Mar 202210379108.885.08$3,013
Feb 2022547991.054.86$2,783
Jan 2022563781.844.54$3,300
Dec 2021348071.323.90$2,086
Nov 2021223377.435.24$1,375
Oct 2021057979.795.71$3,308
Sep 2021048969.865.35$2,617
Aug 2021026266.024.22$1,106
Jul 2021020470.783.98$812
Jun 2021040869.493.38$1,379
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 20204038.371.83$153
Jun 20204034.901.69$140
May 20200016.921.81$0
Apr 2020210814.751.80$224
Mar 20204030.341.86$121
Feb 20201651949.881.98$1,826
Jan 20201525957.252.09$1,401
Dec 20193759.012.30$193
Nov 20194355055.302.75$3,891
Oct 2019911,10953.472.42$7,548
Sep 20195387655.052.66$5,245
Aug 20196388853.112.30$5,392
Jul 20194569856.272.46$4,249
Jun 20193848652.782.49$3,216
May 20196485658.482.74$6,088
Apr 20196591962.632.75$6,599
Mar 2019801,21356.803.06$8,258
Feb 20194484450.852.79$4,594
Jan 20193368846.033.23$3,740
Dec 20182286246.594.19$4,633
Nov 20187285052.934.24$7,413
Oct 2018571,10861.443.40$7,267
Sep 20183979259.543.11$4,784
Aug 2018442,16959.403.07$9,265
Jul 2018531,21665.142.93$7,018
Jun 20183486760.183.08$4,714
May 2018441,41765.382.90$6,987
Apr 20183395963.842.90$4,889
Mar 2018301,25661.222.79$5,337
Feb 2018301,61261.782.77$6,312
Jan 2018341,31762.874.01$7,418
Dec 2017341,56457.272.92$6,516
Nov 20172888255.423.12$4,302
Oct 2017401,13449.292.98$5,355
Sep 2017291,27347.523.09$5,308
Aug 20172283045.373.00$3,492
Jul 2017391,26443.873.09$5,613
Jun 20173295842.493.09$4,317
May 20174391645.373.26$4,940
Apr 20173697347.933.21$4,850
Mar 2017381,08446.772.98$5,012
Feb 20172890850.452.95$4,094
Jan 20173588149.413.42$4,741
Dec 2016411,64248.763.72$8,112
Nov 2016361,38842.492.64$5,200
Oct 2016341,39446.193.09$5,878
Sep 2016401,51541.553.10$6,359
Aug 2016321,55441.442.92$5,871
Jul 2016411,83441.622.92$7,070
Jun 2016332,43945.352.69$8,047
May 2016251,97442.521.99$4,993
Apr 2016342,52036.561.99$6,260
Mar 2016332,87033.011.79$6,238
Feb 2016352,78026.472.06$6,663
Jan 2016332,40827.352.36$6,596
Dec 2015431,73732.362.00$4,868
Nov 2015381,65638.792.17$5,063
Oct 2015491,96943.552.43$6,912
Sep 2015421,90642.992.76$7,063
Aug 2015392,13740.162.87$7,705
Jul 2015362,95848.152.95$10,445
Jun 2015342,40356.152.88$8,837
May 2015282,84155.212.96$9,942
Apr 2015272,65249.822.71$8,523
Mar 2015252,07742.892.93$7,168
Feb 2015252,06544.662.98$7,262
Jan 2015261,75543.433.10$6,571
Dec 2014281,85054.693.59$8,175
Nov 2014272,24270.464.25$11,435
Oct 2014231,90278.303.90$9,221
Sep 2014251,87586.164.05$9,739
Aug 2014242,30489.394.04$11,442
Jul 2014262,03396.564.18$11,008
Jun 2014252,29298.164.74$13,311
May 2014352,51994.734.73$15,222
Apr 2014301,75995.944.81$11,337
Mar 2014311,43795.895.06$10,239
Feb 2014311,55397.406.19$12,636
Jan 2014341,36590.404.86$9,708
Dec 2013291,67791.824.35$9,965
Nov 2013322,96388.853.74$13,920
Oct 2013271,51397.423.78$8,349
Sep 2013231,620104.113.72$8,417
Aug 2013231,876104.253.52$9,006
Jul 2013261,664102.523.72$8,852
Jun 2013271,79394.403.93$9,601
May 20132472394.834.15$5,276
Apr 2013201,61493.964.28$8,791
Mar 2013311,60293.623.91$9,171
Feb 2013331,70391.233.42$8,835
Jan 2013371,57391.603.42$8,769
Dec 2012261,34786.773.42$6,863
Nov 2012381,58586.953.62$9,050
Oct 2012351,88689.383.40$9,540
Sep 2012281,62394.672.92$7,387
Aug 2012301,54192.662.91$7,261
Jul 2012291,80385.133.02$7,915
Jun 2012301,87979.822.52$7,128
May 2012271,69691.612.49$6,694
Apr 2012282,029101.652.00$6,898
Mar 2012211,935105.052.22$6,506
Feb 2012161,847101.102.57$6,365
Jan 2012152,37898.092.73$7,973
Dec 2011161,87596.873.24$7,624
Nov 2011182,01495.723.31$8,392
Oct 2011191,87484.983.65$8,452
Sep 2011161,64883.623.99$7,907
Aug 2011171,85883.404.15$9,127
Jul 2011211,96494.144.52$10,849
Jun 2011121,27492.904.64$7,026
May 2011231,84098.134.40$10,362
Apr 2011221,509105.964.33$8,870
Mar 2011171,41096.364.06$7,359
Feb 2011191,29285.644.18$7,028
Jan 2011201,54186.504.59$8,801
Dec 2010251,58685.734.35$9,039
Nov 2010191,43880.843.80$6,994
Oct 2010201,98978.103.51$8,541
Sep 2010161,69872.633.98$7,919
Aug 2010211,50473.684.42$8,194
Jul 2010371,70072.554.74$10,736
Jun 2010311,72370.364.91$10,642
May 2010301,76771.124.24$9,617
Apr 2010311,31781.694.12$7,962
Mar 2010241,77578.394.39$9,671
Feb 2010131,58573.585.44$9,583
Jan 2010141,59074.365.96$10,524
Dec 2009181,38771.445.48$8,892
Nov 2009321,87574.593.75$9,421
Oct 2009401,68872.544.11$9,840
Sep 2009441,87365.543.06$8,624
Aug 2009431,68267.423.22$8,313
Jul 2009451,71561.133.46$8,692
Jun 2009441,66866.163.90$9,408
May 2009301,81354.743.93$8,760
Apr 2009201,78646.773.59$7,343
Mar 2009181,89342.144.06$8,442
Feb 2009191,48132.814.63$7,485
Jan 2009271,93735.865.37$11,372
Dec 2008191,75237.105.98$11,177
Nov 2008331,77455.496.86$14,001
Oct 2008391,73375.246.92$14,930
Sep 2008502,280101.767.88$23,048
Aug 2008421,886114.228.48$20,796
Jul 2008472,088131.0811.39$29,942
Jun 2008421,643131.3313.03$26,928
May 2008601,857123.1711.57$28,884
Apr 2008551,897110.3110.45$25,900
Mar 2008502,197101.909.66$26,327
Feb 2008571,97392.538.77$22,579
Jan 2008691,95190.388.21$22,246
Dec 2007671,90488.337.30$19,821
Nov 2007661,82191.677.29$19,328
Oct 2007662,02282.856.92$19,464
Sep 2007391,72875.846.24$13,748
Aug 2007571,87569.066.39$15,914
Jul 2007522,20570.906.39$17,772
Jun 2007662,09262.007.55$19,883
May 2007532,17858.747.85$20,202
Apr 2007572,16659.617.81$20,304
Mar 2007411,83056.927.30$15,696
Feb 2007532,53755.108.22$23,764
Jan 2007562,57850.306.73$20,159
Dec 2006592,47856.656.92$20,486
Nov 2006582,44254.207.62$21,745
Oct 2006622,34754.906.01$17,518
Sep 2006522,24460.085.04$14,428
Aug 20061072,33468.717.34$24,483
Jul 20061032,59569.376.34$23,605
Jun 2006982,58966.286.38$23,023
May 20061122,70066.016.42$24,741
Apr 2006942,60064.397.36$25,190
Mar 20061152,67156.707.08$25,439
Feb 20061302,41957.597.75$26,237
Jan 20061252,78360.598.93$32,435
Dec 20051192,89254.9413.42$45,335
Nov 2005552,72554.6910.59$31,861
Oct 200582,72658.3413.80$38,074
Sep 200572,66861.4512.08$32,657
Aug 200572,74761.519.80$27,342
Jul 200572,69855.697.84$21,552
Jun 200572,54752.337.38$19,166
May 200592,55345.226.65$17,387
Apr 2005192,57649.207.36$19,895
Mar 20051402,77150.377.15$26,878
Feb 2005782,57745.226.31$19,793
Jan 20051242,83243.166.32$23,256
Dec 20041212,84539.866.75$24,030
Nov 20041282,68845.286.33$22,812
Oct 20041192,77849.706.52$24,013
Sep 2004972,70943.245.28$18,508
Aug 20041092,90042.375.55$20,715
Jul 20041102,95938.286.08$22,214
Jun 2004982,90436.106.43$22,219
May 2004912,89037.486.49$22,180
Apr 2004952,72934.475.86$19,262
Mar 2004952,87134.365.53$19,141
Feb 2004992,79632.455.51$18,617
Jan 2004972,94232.036.30$21,640
Dec 20031063,00230.266.30$22,125
Nov 2003482,82128.804.60$14,345
Oct 2003152,77128.174.76$13,612
Sep 2003142,69226.314.75$13,154
Aug 2003143,01329.765.13$15,872
Jul 2003132,68429.415.17$14,261
Jun 2003152,78428.565.98$17,085
May 2003123,08826.595.97$18,763
Apr 2003142,90026.675.41$16,054
Mar 2003212,97131.146.10$18,765
Feb 2003222,77233.487.93$22,707
Jan 2003253,03030.315.58$17,671
Dec 2002233,21426.914.85$16,219
Nov 2002203,12424.664.14$13,417
Oct 2002123,47426.464.23$15,009
Sep 200293,31627.443.64$12,301
Aug 2002103,42625.963.16$11,100
Jul 200293,46324.583.06$10,824
Jun 200293,45523.733.34$11,747
May 2002113,50124.663.58$12,819
Apr 200293,52423.653.51$12,590
Mar 2002113,60722.003.10$11,434
Feb 200263,26418.222.38$7,864
Jan 200203,98617.172.38$9,469
Dec 200103,96016.932.36$9,363
Nov 200103,73018.072.41$8,973
Oct 200103,23219.782.53$8,173
Sep 200103,21624.262.25$7,240
Aug 200103,38624.873.05$10,338
Jul 200103,48223.933.20$11,132
Jun 200103,55424.563.82$13,591
May 200103,29325.524.31$14,184
Apr 200103,89724.685.34$20,792
Mar 200102,13424.545.38$11,473
Feb 2001103,26627.755.77$19,113
Jan 2001283,70227.478.40$31,861
Dec 2000254,01426.889.12$37,290
Nov 2000294,42032.215.66$25,942
Oct 2000284,29931.235.15$22,995
Sep 2000354,83431.875.19$26,187
Aug 2000234,50429.644.54$21,133
Jul 2000235,10628.534.09$21,538
Jun 2000234,70929.304.40$21,381
May 2000245,01927.263.68$19,123
Apr 2000275,04824.513.12$16,391
Mar 2000295,25628.422.86$15,855
Feb 2000265,19527.622.73$14,882
Jan 2000415,90725.272.48$15,688
Dec 1999243,50224.282.42$9,071
Nov 1999445,26423.192.43$13,833
Oct 1999515,46520.982.80$16,392
Sep 1999346,40421.752.62$17,511
Aug 19991034,02719.262.88$13,564
Jul 19992365,55217.892.37$17,393
Jun 19992655,92115.942.36$18,210
May 19992675,58415.792.32$17,177
Apr 1999614,70815.102.21$11,317
Mar 1999755,78012.471.84$11,561
Feb 1999664,7739.981.82$9,335
Jan 1999634,92610.381.90$10,013
Dec 1998725,5179.201.77$10,446
Nov 1998665,34310.892.19$12,397
Oct 1998755,98712.421.97$12,721
Sep 1998585,03512.592.08$11,216
Aug 1998665,17211.301.91$10,611
Jul 1998695,19811.742.24$12,439
Jun 1998514,83611.242.24$11,393
May 1998625,24812.622.21$12,361
Apr 1998715,47213.042.51$14,635
Mar 1998725,75312.802.31$14,208
Feb 1998957,27113.952.30$18,042
Jan 19981008,31314.702.15$19,383
Dec 19971078,53216.322.41$22,318
Nov 19971018,98618.193.09$29,588
Oct 19971008,91319.253.15$29,999
Sep 1997688,42717.742.95$26,107
Aug 1997759,55117.862.55$25,740
Jul 1997759,22117.582.25$22,038
Jun 1997568,31517.242.26$19,734
May 1997769,28518.972.31$22,876
Apr 199711316,06717.882.08$35,484
Mar 199712315,47818.951.94$32,345
Feb 199715118,35220.492.21$43,577
Jan 199710711,58623.483.54$43,523
Dec 199621324,12623.32$4,967
Nov 19969913,45321.97$2,175
Oct 199611313,51223.31$2,634
Sep 199610614,07922.22$2,355
Aug 199612315,61320.26$2,492
Jul 199611816,70419.55$2,307
Jun 199615818,19818.73$2,959
May 199616516,97419.43$3,206
Apr 199618019,04021.51$3,872
Mar 199623017,74619.38$4,457
Feb 199658918,95216.98$10,001
Jan 199668819,75117.07$11,744
Dec 19951,20928,98617.19$20,783
Nov 199563810,03416.00$10,208

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             4 bbl  × $106.41 =       $426
Gas                  310 Mcf  × $  3.05 =       $944

────────────────────────────────────────────────────
Month total                                   $1,370

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/157264 is the state's own key, not one this site invented.