BRACKEN, R.

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 231964District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Oct 2007 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
224
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 Gas112008-02-01179960
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
CondensateDisposition4,343 bbl$351,690
GasProduction539,257 Mcf$2,646,943
Total$2,998,633

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 28.3072, -98.4811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30715, -98.48108 · 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
11,150 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 11,150 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-311339851711,150 ftOct 2007

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 (224)

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

224 months

May 20260183106.413.05$557
Apr 2026087398.932.87$2,505
Mar 2026058689.753.15$1,846
Feb 2026038763.503.75$1,451
Jan 2026031859.138.00$2,543
Dec 2025065356.664.41$2,882
Nov 2025294258.593.93$3,816
Oct 2025086759.383.30$2,865
Sep 2025072562.743.08$2,231
Aug 20250063.933.01$0
Jul 2025220866.743.32$823
Jun 202531,52866.483.13$4,980
May 202512,83760.553.23$9,231
Apr 202512,29962.363.54$8,208
Mar 2025481767.704.27$3,758
Feb 202541,10570.884.34$5,080
Jan 202521,05974.324.28$4,680
Dec 202451,89968.993.12$6,272
Nov 202413,28269.052.20$7,284
Oct 202431,10471.372.28$2,733
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20243084.451.66$253
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202403473.023.30$112
Dec 2023032371.262.61$843
Nov 202331,56777.892.81$4,633
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023082074.852.64$2,166
Jun 202301,38368.962.26$3,123
May 202331,60270.622.23$3,780
Apr 2023275878.122.24$1,852
Mar 2023072272.852.39$1,728
Feb 2023365875.112.47$1,848
Jan 2023065876.533.39$2,229
Dec 2022553876.415.73$3,464
Nov 2022055585.005.65$3,134
Oct 2022289387.185.86$5,411
Sep 202231,09184.888.16$9,161
Aug 2022128094.529.13$2,650
Jul 20221720101.587.54$5,532
Jun 20221453115.097.98$3,729
May 20222532109.378.43$4,705
Apr 20223555104.226.84$4,108
Mar 20225891108.885.08$5,067
Feb 2022079491.054.86$3,858
Jan 2022457881.844.54$2,950
Dec 2021292971.323.90$3,765
Nov 2021166177.435.24$3,539
Oct 2021128879.795.71$1,725
Sep 2021017869.865.35$952
Aug 2021112966.024.22$610
Jul 2021131270.783.98$1,313
Jun 2021135669.493.38$1,273
May 2021129063.483.02$939
Apr 2021149060.362.76$1,412
Mar 2021122861.302.72$681
Feb 2021217657.805.55$1,092
Jan 2021240950.412.81$1,250
Dec 2020070744.642.68$1,892
Nov 2020146438.772.71$1,295
Oct 2020168536.972.48$1,735
Sep 2020150337.091.99$1,039
Aug 20200039.982.39$0
Jul 20201038.371.83$38
Jun 20201034.901.69$35
May 2020033416.921.81$606
Apr 2020081114.751.80$1,463
Mar 2020187530.341.86$1,655
Feb 2020182049.881.98$1,674
Jan 202021,25057.252.09$2,733
Dec 2019292659.012.30$2,252
Nov 201911,19855.302.75$3,351
Oct 2019111,14653.472.42$3,360
Sep 2019121,38955.052.66$4,352
Aug 20191398853.112.30$2,967
Jul 2019131,65456.272.46$4,800
Jun 201961,52152.782.49$4,106
May 2019101,48458.482.74$4,651
Apr 201921,72362.632.75$4,865
Mar 201961,85056.803.06$6,006
Feb 201951,42350.852.79$4,228
Jan 201961,55446.033.23$5,293
Dec 201831,60046.594.19$6,836
Nov 201801,39352.934.24$5,902
Oct 2018231,61161.443.40$6,887
Sep 201801,31259.543.11$4,078
Aug 201871,97759.403.07$6,478
Jul 2018141,94065.142.93$6,600
Jun 201872,07660.183.08$6,809
May 2018132,04465.382.90$6,779
Apr 201861,81763.842.90$5,654
Mar 2018191,21661.222.79$4,552
Feb 2018101,13461.782.77$3,755
Jan 20181095162.874.01$4,442
Dec 20172389857.272.92$3,941
Nov 2017796455.423.12$3,394
Oct 2017686049.292.98$2,862
Sep 2017599147.523.09$3,297
Aug 20171091245.373.00$3,194
Jul 201771,24343.873.09$4,145
Jun 201771,27242.493.09$4,224
May 201781,38045.373.26$4,866
Apr 201751,29447.933.21$4,395
Mar 201781,30346.772.98$4,262
Feb 2017101,38650.452.95$4,597
Jan 201761,16149.413.42$4,266
Dec 2016211,43748.763.72$6,374
Nov 2016161,43442.492.64$4,472
Oct 2016151,44046.193.09$5,143
Sep 2016131,51741.553.10$5,244
Aug 201661,57241.442.92$4,846
Jul 201621,52041.622.92$4,528
Jun 201621,33645.352.69$3,679
May 201681,43242.521.99$3,191
Apr 2016121,71636.561.99$3,855
Mar 2016101,76933.011.79$3,504
Feb 201641,30626.472.06$2,801
Jan 201661,86327.352.36$4,569
Dec 2015171,70132.362.00$3,955
Nov 201561,69538.792.17$3,906
Oct 2015111,78343.552.43$4,806
Sep 201591,52942.992.76$4,605
Aug 201591,80240.162.87$5,538
Jul 201581,39448.152.95$4,491
Jun 2015141,44256.152.88$4,943
May 201551,61255.212.96$5,040
Apr 2015171,70149.822.71$5,451
Mar 2015131,86742.892.93$6,037
Feb 2015221,81444.662.98$6,381
Jan 2015242,13343.433.10$7,656
Dec 2014212,20354.693.59$9,060
Nov 2014231,46370.464.25$7,841
Oct 2014252,07978.303.90$10,068
Sep 2014221,91286.164.05$9,630
Aug 2014192,00789.394.04$9,797
Jul 2014312,05596.564.18$11,582
Jun 2014252,18498.164.74$12,799
May 2014221,93394.734.73$11,221
Apr 2014382,11095.944.81$13,793
Mar 2014252,37095.895.06$14,382
Feb 2014161,84597.406.19$12,983
Jan 2014212,28190.404.86$12,986
Dec 2013292,12691.824.35$11,920
Nov 2013162,44588.853.74$10,562
Oct 2013312,31697.423.78$11,773
Sep 2013372,264104.113.72$12,269
Aug 2013322,437104.253.52$11,921
Jul 2013192,501102.523.72$11,246
Jun 2013182,49294.403.93$11,501
May 2013112,38294.834.15$10,926
Apr 2013212,39993.964.28$12,247
Mar 2013302,48293.623.91$12,520
Feb 2013122,36391.233.42$9,176
Jan 2013232,64791.603.42$11,159
Dec 2012182,77186.773.42$11,039
Nov 2012152,46186.953.62$10,225
Oct 2012222,64789.383.40$10,965
Sep 2012162,65194.672.92$9,251
Aug 2012122,78392.662.91$9,205
Jul 2012322,84285.133.02$11,309
Jun 2012212,83379.822.52$8,813
May 2012332,98191.612.49$10,441
Apr 2012302,975101.652.00$8,990
Mar 2012263,139105.052.22$9,706
Feb 201263,142101.102.57$8,682
Jan 201273,41898.092.73$10,032
Dec 201163,35796.873.24$11,457
Nov 201183,01595.723.31$10,749
Oct 201183,39384.983.65$13,059
Sep 201173,41683.623.99$14,201
Aug 2011123,52683.404.15$15,631
Jul 2011193,70894.144.52$18,539
Jun 2011113,31192.904.64$16,385
May 2011173,56898.134.40$17,385
Apr 2011183,351105.964.33$16,428
Mar 2011253,70596.364.06$17,441
Feb 2011263,16385.644.18$15,448
Jan 2011343,86886.504.59$20,690
Dec 2010244,07985.734.35$19,792
Nov 2010234,00880.843.80$17,071
Oct 2010224,03878.103.51$15,887
Sep 2010224,06472.633.98$17,770
Aug 2010284,37473.684.42$21,393
Jul 2010244,48972.554.74$23,003
Jun 2010264,39370.364.91$23,401
May 2010284,76771.124.24$22,181
Apr 2010284,86481.694.12$22,340
Mar 2010254,91278.394.39$23,517
Feb 2010264,85373.585.44$28,325
Jan 2010335,78374.365.96$36,944
Dec 2009355,62071.445.48$33,319
Nov 2009455,86074.593.75$25,340
Oct 2009256,41272.544.11$28,168
Sep 2009255,96065.543.06$19,904
Aug 2009286,46767.423.22$22,702
Jul 2009366,39561.133.46$24,356
Jun 2009346,53366.163.90$27,695
May 2009607,43354.743.93$32,465
Apr 2009619,47646.773.59$36,848
Mar 2009549,93342.144.06$42,594
Feb 200990032.814.63$2,953
Jan 20091268,10335.865.37$48,040
Dec 20081809,77637.105.98$65,111
Nov 20087210,48455.496.86$75,919
Oct 200815811,68575.246.92$92,771
Sep 200819713,529101.767.88$126,616
Aug 20087619,025114.228.48$170,070
Jul 200811514,873131.0811.39$184,469
Jun 2008862,927131.3313.03$49,441
May 20082774,704123.1711.57$88,564
Apr 2008945,000110.3110.45$62,643
Mar 20081905,701101.909.66$74,456
Feb 2008896,64292.538.77$66,489
Jan 2008876,94290.388.21$64,827
Dec 2007829,18288.337.30$74,290
Nov 20074713,66691.677.29$103,957
Oct 200765,60782.856.92$39,309

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             0 bbl  × $106.41 =         $0
Gas                  183 Mcf  × $  3.05 =       $557

────────────────────────────────────────────────────
Month total                                     $557

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/231964 is the state's own key, not one this site invented.