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 232671District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Sep 2007 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
225
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 Gas112008-04-30179959
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
CondensateDisposition1,097 bbl$82,751
GasProduction220,074 Mcf$1,003,415
Total$1,086,166

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 28.3163, -98.5001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31625, -98.50008 · 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
10,850 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 10,850 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-3113396822R10,850 ftSep 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 (225)

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

225 months

May 20260303106.413.05$923
Apr 2026040098.932.87$1,148
Mar 2026015589.753.15$488
Feb 202601963.503.75$71
Jan 2026033059.138.00$2,639
Dec 2025076456.664.41$3,372
Nov 2025455358.593.93$2,406
Oct 2025022959.383.30$757
Sep 2025016862.743.08$517
Aug 20250063.933.01$0
Jul 2025319966.743.32$860
Jun 2025725466.483.13$1,260
May 2025533460.553.23$1,382
Apr 2025614862.363.54$899
Mar 202547767.704.27$599
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20241069.052.20$69
Oct 20242071.372.28$143
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 20242084.451.66$169
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20232077.892.81$156
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20235070.622.23$353
Apr 20237078.122.24$547
Mar 202308872.852.39$211
Feb 2023224575.112.47$754
Jan 2023024576.533.39$830
Dec 2022411576.415.73$964
Nov 2022013785.005.65$774
Oct 2022313287.185.86$1,036
Sep 2022622084.888.16$2,305
Aug 202234494.529.13$685
Jul 20223211101.587.54$1,896
Jun 20223139115.097.98$1,454
May 20224124109.378.43$1,483
Apr 20226235104.226.84$2,232
Mar 202212314108.885.08$2,901
Feb 2022025191.054.86$1,220
Jan 20221436581.844.54$2,802
Dec 2021745871.323.90$2,285
Nov 2021636177.435.24$2,355
Oct 2021743079.795.71$3,015
Sep 2021017869.865.35$952
Aug 20211130566.024.22$2,014
Jul 2021634970.783.98$1,814
Jun 2021529969.493.38$1,358
May 20211267263.483.02$2,790
Apr 2021221560.362.76$714
Mar 2021313961.302.72$562
Feb 20211016057.805.55$1,466
Jan 2021828650.412.81$1,207
Dec 202007344.642.68$195
Nov 2020138138.772.71$1,070
Oct 2020037536.972.48$929
Sep 2020050337.091.99$1,001
Aug 20201039.982.39$40
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 20200016.921.81$0
Apr 202009314.751.80$168
Mar 2020118130.341.86$366
Feb 2020165449.881.98$1,345
Jan 2020112557.252.09$319
Dec 2019210,66959.012.30$24,703
Nov 201918,55855.302.75$23,596
Oct 2019111053.472.42$320
Sep 20190055.052.66$0
Aug 20191053.112.30$53
Jul 201925156.272.46$238
Jun 201919152.782.49$279
May 201927958.482.74$333
Apr 201903562.632.75$96
Mar 2019244456.803.06$1,473
Feb 201913550.852.79$149
Jan 201903646.033.23$116
Dec 201802746.594.19$113
Nov 201808052.934.24$339
Oct 201801561.443.40$51
Sep 201803359.543.11$103
Aug 201802159.403.07$64
Jul 2018013865.142.93$405
Jun 201803860.183.08$117
May 20180065.382.90$0
Apr 201802763.842.90$78
Mar 201802661.222.79$72
Feb 201802861.782.77$77
Jan 201803862.874.01$152
Dec 201705357.272.92$155
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201704947.523.09$151
Aug 20170045.373.00$0
Jul 201705043.873.09$154
Jun 201702942.493.09$90
May 201701845.373.26$59
Apr 201703647.933.21$116
Mar 201703946.772.98$116
Feb 201705250.452.95$154
Jan 201701649.413.42$55
Dec 2016215248.763.72$663
Nov 201608342.492.64$219
Oct 201609846.193.09$303
Sep 201604841.553.10$149
Aug 201608341.442.92$243
Jul 2016010241.622.92$298
Jun 201603845.352.69$102
May 2016012442.521.99$247
Apr 201608236.561.99$163
Mar 201609333.011.79$167
Feb 201605626.472.06$116
Jan 201607927.352.36$187
Dec 201507632.362.00$152
Nov 201507438.792.17$160
Oct 201509943.552.43$240
Sep 201507542.992.76$207
Aug 201507740.162.87$221
Jul 201509148.152.95$268
Jun 201506956.152.88$199
May 201505555.212.96$163
Apr 201509249.822.71$249
Mar 201507942.892.93$232
Feb 201506444.662.98$190
Jan 201518943.433.10$319
Dec 2014112454.693.59$500
Nov 2014111270.464.25$547
Oct 2014010578.303.90$410
Sep 201408486.164.05$340
Aug 201409089.394.04$363
Jul 201408996.564.18$372
Jun 201409898.164.74$464
May 2014011494.734.73$539
Apr 201419995.944.81$572
Mar 201406795.895.06$339
Feb 201403097.406.19$186
Jan 2014111390.404.86$640
Dec 201319691.824.35$510
Nov 2013013888.853.74$516
Oct 201308097.423.78$302
Sep 2013173104.113.72$376
Aug 20131159104.253.52$664
Jul 20131314102.523.72$1,270
Jun 2013320794.403.93$1,097
May 2013187294.834.15$3,713
Apr 2013244493.964.28$2,089
Mar 201391,82393.623.91$7,976
Feb 201311,33291.233.42$4,647
Jan 2013132391.603.42$1,196
Dec 2012138986.773.42$1,417
Nov 2012132686.953.62$1,269
Oct 2012131189.383.40$1,147
Sep 2012130394.672.92$979
Aug 2012033292.662.91$966
Jul 2012126585.133.02$886
Jun 2012135679.822.52$977
May 2012238291.612.49$1,134
Apr 20122417101.652.00$1,036
Mar 20122400105.052.22$1,099
Feb 20121507101.102.57$1,404
Jan 2012136998.092.73$1,107
Dec 2011149796.873.24$1,707
Nov 2011133695.723.31$1,208
Oct 2011264784.983.65$2,531
Sep 2011162683.623.99$2,579
Aug 2011258183.404.15$2,578
Jul 201161,26594.144.52$6,279
Jun 201141,08392.904.64$5,397
May 2011375798.134.40$3,629
Apr 20114585105.964.33$2,959
Mar 2011111,18096.364.06$5,848
Feb 2011202,97485.644.18$14,144
Jan 2011141,90886.504.59$9,966
Dec 201081,25985.734.35$6,160
Nov 2010211,52080.843.80$7,467
Oct 2010346,70978.103.51$26,197
Sep 2010275,45172.633.98$23,653
Aug 2010334,57573.684.42$22,650
Jul 2010346,04372.554.74$31,089
Jun 2010437,30770.364.91$38,906
May 2010518,87471.124.24$41,210
Apr 20105810,00681.694.12$45,990
Mar 20106012,07978.394.39$57,714
Feb 20106612,96573.585.44$75,416
Jan 20108914,79374.365.96$94,845
Dec 20099617,00471.445.48$100,104
Nov 20099515,58574.593.75$65,553
Oct 2009248,68772.544.11$37,447
Sep 200951,36465.543.06$4,508
Aug 200951,42167.423.22$4,911
Jul 200971,24461.133.46$4,738
Jun 200961,30566.163.90$5,480
May 2009101,35854.743.93$5,879
Apr 200981,63146.773.59$6,225
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009077135.865.37$4,141
Dec 200801,13937.105.98$6,808
Nov 200801,06255.496.86$7,286
Oct 200801,03675.246.92$7,171
Sep 200801,087101.767.88$8,562
Aug 20080789114.228.48$6,693
Jul 200801,537131.0811.39$17,506
Jun 200801,489131.3313.03$19,406
May 2008097123.1711.57$1,123
Apr 20080166110.3110.45$1,736
Mar 2008045101.909.66$435
Feb 2008085692.538.77$7,508
Jan 200801,09090.388.21$8,944
Dec 2007088588.337.30$6,462
Nov 200701,84091.677.29$13,417
Oct 200722,99182.856.92$20,869
Sep 200702,29875.846.24$14,349

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                  303 Mcf  × $  3.05 =       $923

────────────────────────────────────────────────────
Month total                                     $923

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/232671 is the state's own key, not one this site invented.