BRACKEN "E"

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 168200District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 1998 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
339
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 Gas111998-08-17138863
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
CondensateDisposition4,985 bbl$151,435
GasProduction538,286 Mcf$2,059,290
Total$2,210,724

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 28.3637, -98.4468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36375, -98.44683 · 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
10,720 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 10,720 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-31133491207510,720 ftMar 1998

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 (339)

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

339 months

May 2026143106.413.05$237
Apr 202603798.932.87$106
Mar 202603989.753.15$123
Feb 20260063.503.75$0
Jan 202604059.138.00$320
Dec 202504856.664.41$212
Nov 202502658.593.93$102
Oct 20250059.383.30$0
Sep 2025120862.743.08$703
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025111866.483.13$436
May 2025211560.553.23$493
Apr 202511462.363.54$112
Mar 202538467.704.27$562
Feb 202523070.884.34$272
Jan 2025413374.324.28$866
Dec 2024734868.993.12$1,569
Nov 2024624369.052.20$949
Oct 2024622771.372.28$946
Sep 2024318069.612.36$634
Aug 2024431175.632.06$944
Jul 2024312879.932.15$515
Jun 202412478.082.63$141
May 202411378.812.20$107
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240673.023.30$20
Dec 202317871.262.61$275
Nov 2023125377.892.81$788
Oct 20231085.443.09$85
Sep 202301989.042.74$52
Aug 2023322380.522.67$838
Jul 202342874.852.64$373
Jun 202312168.962.26$116
May 20231070.622.23$71
Apr 20233678.122.24$248
Mar 202331872.852.39$262
Feb 20234475.112.47$310
Jan 202341076.533.39$340
Dec 20222176.415.73$159
Nov 20221085.005.65$85
Oct 20222487.185.86$198
Sep 20221484.888.16$118
Aug 20222494.529.13$226
Jul 202223101.587.54$226
Jun 2022445115.097.98$819
May 2022314109.378.43$446
Apr 2022315104.226.84$415
Mar 202221108.885.08$223
Feb 202221191.054.86$236
Jan 202243481.844.54$482
Dec 202121671.323.90$205
Nov 20213877.435.24$274
Oct 20211111079.795.71$1,506
Sep 202173069.865.35$650
Aug 202143666.024.22$416
Jul 202111070.783.98$111
Jun 202135969.493.38$408
May 20211063.483.02$63
Apr 202179860.362.76$693
Mar 20211822361.302.72$1,709
Feb 20211225057.805.55$2,081
Jan 2021119350.412.81$816
Dec 2020116444.642.68$662
Nov 20201112938.772.71$776
Oct 20201210236.972.48$696
Sep 2020614737.091.99$515
Aug 2020317639.982.39$540
Jul 202037438.371.83$250
Jun 20205034.901.69$175
May 202005516.921.81$100
Apr 202025114.751.80$122
Mar 202041630.341.86$151
Feb 2020516149.881.98$568
Jan 202047557.252.09$386
Dec 201929559.012.30$337
Nov 2019317455.302.75$645
Oct 2019214153.472.42$448
Sep 2019214555.052.66$495
Aug 2019214453.112.30$438
Jul 2019219656.272.46$595
Jun 2019216552.782.49$517
May 2019218758.482.74$629
Apr 2019316162.632.75$631
Mar 2019315556.803.06$645
Feb 2019212150.852.79$440
Jan 2019316046.033.23$655
Dec 2018313946.594.19$722
Nov 2018410752.934.24$665
Oct 2018913061.443.40$995
Sep 2018813659.543.11$899
Aug 2018817559.403.07$1,012
Jul 20181017665.142.93$1,167
Jun 20181119360.183.08$1,256
May 2018917565.382.90$1,096
Apr 2018915463.842.90$1,021
Mar 2018813561.222.79$866
Feb 2018510661.782.77$602
Jan 20181016762.874.01$1,298
Dec 20171214957.272.92$1,123
Nov 20171027055.423.12$1,396
Oct 20171612849.292.98$1,171
Sep 2017824547.523.09$1,137
Aug 2017615145.373.00$726
Jul 2017820743.873.09$990
Jun 2017717442.493.09$835
May 2017920445.373.26$1,074
Apr 2017515447.933.21$734
Mar 20171046.772.98$47
Feb 2017916950.452.95$953
Jan 2017714949.413.42$855
Dec 201631548.763.72$202
Nov 2016719842.492.64$821
Oct 20161111946.193.09$876
Sep 20161728141.553.10$1,578
Aug 20161530541.442.92$1,514
Jul 20164050841.622.92$3,150
Jun 20167957045.352.69$5,114
May 20167351842.521.99$4,135
Apr 20166861036.561.99$3,701
Mar 20164262633.011.79$2,509
Feb 20163347826.472.06$1,860
Jan 20165354627.352.36$2,740
Dec 20154162032.362.00$2,568
Nov 20154254838.792.17$2,817
Oct 20153567643.552.43$3,165
Sep 20152036942.992.76$1,878
Aug 20153234540.162.87$2,276
Jul 20151651648.152.95$2,290
Jun 2015148256.152.88$1,446
May 2015162055.212.96$1,888
Apr 2015134049.822.71$970
Mar 2015151742.892.93$1,560
Feb 2015130844.662.98$961
Jan 2015244443.433.10$1,464
Dec 2014255254.693.59$2,092
Nov 2014145070.464.25$1,984
Oct 2014224878.303.90$1,124
Sep 2014240386.164.05$1,803
Aug 2014241689.394.04$1,857
Jul 2014146296.564.18$2,028
Jun 2014139198.164.74$1,950
May 2014141894.734.73$2,070
Apr 2014139995.944.81$2,015
Mar 2014138395.895.06$2,033
Feb 2014135997.406.19$2,320
Jan 2014141590.404.86$2,108
Dec 2013240491.824.35$1,943
Nov 2013121788.853.74$900
Oct 2013130097.423.78$1,231
Sep 20131290104.113.72$1,182
Aug 20131357104.253.52$1,362
Jul 20131242102.523.72$1,002
Jun 2013125594.403.93$1,097
May 2013130894.834.15$1,373
Apr 2013228293.964.28$1,396
Mar 2013234193.623.91$1,522
Feb 2013228791.233.42$1,164
Jan 2013230691.603.42$1,230
Dec 2012229986.773.42$1,196
Nov 2012232986.953.62$1,367
Oct 2012229389.383.40$1,175
Sep 2012230494.672.92$1,077
Aug 2012215892.662.91$645
Jul 2012227785.133.02$1,007
Jun 2012231579.822.52$953
May 2012235491.612.49$1,064
Apr 20123270101.652.00$844
Mar 20122345105.052.22$977
Feb 20123345101.102.57$1,190
Jan 2012336098.092.73$1,279
Dec 2011338096.873.24$1,522
Nov 2011332895.723.31$1,373
Oct 2011342884.983.65$1,817
Sep 2011237083.623.99$1,642
Aug 2011238483.404.15$1,760
Jul 2011238394.144.52$1,918
Jun 2011145792.904.64$2,213
May 2011227898.134.40$1,421
Apr 20112238105.964.33$1,243
Mar 2011226096.364.06$1,248
Feb 2011233785.644.18$1,580
Jan 2011334686.504.59$1,847
Dec 2010335985.734.35$1,818
Nov 2010338680.843.80$1,708
Oct 2010337678.103.51$1,554
Sep 2010336572.633.98$1,670
Aug 2010338273.684.42$1,909
Jul 2010934672.554.74$2,292
Jun 2010935870.364.91$2,391
May 20101235171.124.24$2,340
Apr 20101028081.694.12$1,971
Mar 20101234078.394.39$2,433
Feb 20101139173.585.44$2,937
Jan 2010341574.365.96$2,698
Dec 2009429571.445.48$1,903
Nov 2009423974.593.75$1,195
Oct 2009424472.544.11$1,293
Sep 2009445065.543.06$1,641
Aug 2009553867.423.22$2,069
Jul 2009452661.133.46$2,067
Jun 2009553066.163.90$2,395
May 2009557954.743.93$2,547
Apr 2009556846.773.59$2,272
Mar 2009271642.144.06$2,991
Feb 2009247032.814.63$2,243
Jan 2009253535.865.37$2,945
Dec 2008155537.105.98$3,354
Nov 2008147455.496.86$3,307
Oct 2008135575.246.92$2,533
Sep 20081410101.767.88$3,331
Aug 20081547114.228.48$4,754
Jul 20081615131.0811.39$7,136
Jun 20081549131.3313.03$7,286
May 20081506123.1711.57$5,980
Apr 20082499110.3110.45$5,438
Mar 20082513101.909.66$5,161
Feb 2008241492.538.77$3,816
Jan 2008452690.388.21$4,678
Dec 2007876288.337.30$6,271
Nov 2007880891.677.29$6,625
Oct 2007678682.856.92$5,938
Sep 2007472175.846.24$4,805
Aug 2007693269.066.39$6,368
Jul 20071081170.906.39$5,890
Jun 20071075362.007.55$6,304
May 20071177458.747.85$6,719
Apr 20071079959.617.81$6,832
Mar 20071184756.927.30$6,811
Feb 20071179055.108.22$7,097
Jan 2007690150.306.73$6,363
Dec 2006691256.656.92$6,650
Nov 200661,04254.207.62$8,263
Oct 2006682654.906.01$5,297
Sep 2006275360.085.04$3,913
Aug 2006371068.717.34$5,417
Jul 2006375469.376.34$4,991
Jun 200641,05266.286.38$6,981
May 200641,14766.016.42$7,634
Apr 200631,17164.397.36$8,812
Mar 200631,27056.707.08$9,165
Feb 200641,20157.597.75$9,539
Jan 200631,48460.598.93$13,439
Dec 200531,12254.9413.42$15,217
Nov 200531,04254.6910.59$11,197
Oct 2005141,09558.3413.80$15,923
Sep 2005311,06461.4512.08$14,757
Aug 2005161,10861.519.80$11,839
Jul 200571,27255.697.84$10,367
Jun 200591,56752.337.38$12,037
May 2005172,17745.226.65$15,248
Apr 2005222,08349.207.36$16,414
Mar 2005252,22550.377.15$17,179
Feb 2005161,94845.226.31$13,019
Jan 200582,23743.166.32$14,488
Dec 200492,35839.866.75$16,278
Nov 200482,35445.286.33$15,264
Oct 200492,37849.706.52$15,940
Sep 200472,19343.245.28$11,890
Aug 200482,32842.375.55$13,261
Jul 2004122,27138.286.08$14,277
Jun 200482,03236.106.43$13,361
May 2004101,94037.486.49$12,974
Apr 2004141,88234.475.86$11,508
Mar 2004171,97634.365.53$11,512
Feb 2004151,92032.455.51$11,065
Jan 2004212,16432.036.30$14,305
Dec 2003172,28630.266.30$14,920
Nov 2003122,17728.804.60$10,349
Oct 2003102,22828.174.76$10,886
Sep 2003101,94726.314.75$9,510
Aug 2003152,15529.765.13$11,501
Jul 2003232,12429.415.17$11,659
Jun 2003242,13628.565.98$13,465
May 2003232,18826.595.97$13,680
Apr 2003242,94826.675.41$16,581
Mar 2003262,94231.146.10$18,744
Feb 2003232,59833.487.93$21,361
Jan 2003292,63730.315.58$15,599
Dec 2002272,55626.914.85$13,133
Nov 2002202,82024.664.14$12,159
Oct 2002213,11126.464.23$13,712
Sep 2002223,06227.443.64$11,735
Aug 2002303,16725.963.16$10,800
Jul 2002193,33024.583.06$10,663
Jun 2002183,19723.733.34$11,099
May 2002203,64624.663.58$13,560
Apr 2002233,78823.653.51$13,849
Mar 2002244,03322.003.10$13,041
Feb 2002263,38218.222.38$8,508
Jan 2002233,86417.172.38$9,575
Dec 2001273,90116.932.36$9,681
Nov 2001244,07118.072.41$10,227
Oct 2001233,78919.782.53$10,037
Sep 2001153,80924.262.25$8,939
Aug 200173,79424.873.05$11,758
Jul 2001124,37223.933.20$14,265
Jun 2001164,68824.563.82$18,321
May 2001145,07825.524.31$22,230
Apr 200154,91524.685.34$26,347
Mar 2001245,32324.545.38$29,208
Feb 2001374,89227.755.77$29,239
Jan 2001395,56627.478.40$47,819
Dec 2000375,84626.889.12$54,325
Nov 2000245,92032.215.66$34,268
Oct 2000226,32331.235.15$33,222
Sep 2000196,71331.875.19$35,423
Aug 2000107,12429.644.54$32,645
Jul 2000107,05428.534.09$29,134
Jun 2000137,34329.304.40$32,670
May 2000298,22227.263.68$31,045
Apr 2000468,10724.513.12$26,389
Mar 2000818,81528.422.86$27,511
Feb 2000378,52127.622.73$24,254
Jan 2000339,51925.272.48$24,446
Dec 1999369,53424.282.42$23,982
Nov 1999355,04923.192.43$13,101
Oct 19992210,88020.982.80$30,966
Sep 1999236,58021.752.62$17,732
Aug 19991015,33019.262.88$17,272
Jul 1999156,04517.892.37$14,609
Jun 1999305,95515.942.36$14,545
May 1999306,25715.792.32$14,996
Apr 1999677,36715.102.21$17,278
Mar 1999131,74712.471.84$3,374
Feb 1999658,8309.981.82$16,700
Jan 1999628,11210.381.90$16,056
Dec 1998768,2879.201.77$15,395
Nov 1998477,57810.892.19$17,075
Oct 1998327,88012.421.97$15,915
Sep 1998489,74212.592.08$20,893
Aug 199815812,19211.301.91$25,040
Jul 199820915,53811.742.24$37,216
Jun 199824917,88411.242.24$42,810
May 199832423,15812.622.21$55,183
Apr 199839420,48413.042.51$56,457
Mar 1998471,37312.802.31$3,772

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             1 bbl  × $106.41 =       $106
Gas                   43 Mcf  × $  3.05 =       $131

────────────────────────────────────────────────────
Month total                                     $237

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/168200 is the state's own key, not one this site invented.