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 232723District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 Gas112008-02-27180237
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
CondensateDisposition1,017 bbl$75,460
GasProduction370,734 Mcf$1,997,814
Total$2,073,274

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 28.3020, -98.4792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30196, -98.47915 · 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
11,200 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 11,200 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-311339841811,200 ftNov 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 (223)

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

223 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025020460.553.23$659
Apr 202501,83762.363.54$6,509
Mar 2025026067.704.27$1,110
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
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 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022017191.054.86$831
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021024663.483.02$742
Apr 2021030260.362.76$833
Mar 20210061.302.72$0
Feb 2021012157.805.55$671
Jan 202102250.412.81$62
Dec 2020023944.642.68$639
Nov 2020038638.772.71$1,045
Oct 2020012236.972.48$302
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201902159.012.30$48
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190156.803.06$3
Feb 20190150.852.79$3
Jan 20190146.033.23$3
Dec 20180046.594.19$0
Nov 20180252.934.24$8
Oct 20180161.443.40$3
Sep 20180359.543.11$9
Aug 20180359.403.07$9
Jul 201814965.142.93$209
Jun 2018179660.183.08$2,509
May 2018186565.382.90$2,575
Apr 2018066763.842.90$1,935
Mar 2018231761.222.79$1,006
Feb 2018131361.782.77$928
Jan 2018052562.874.01$2,105
Dec 2017121957.272.92$697
Nov 2017024855.423.12$773
Oct 2017063049.292.98$1,880
Sep 2017026547.523.09$818
Aug 2017041645.373.00$1,250
Jul 2017055743.873.09$1,720
Jun 2017052442.493.09$1,618
May 2017151645.373.26$1,729
Apr 2017053647.933.21$1,721
Mar 2017067946.772.98$2,026
Feb 2017162850.452.95$1,905
Jan 2017045949.413.42$1,569
Dec 2016138548.763.72$1,482
Nov 2016142742.492.64$1,172
Oct 2016163246.193.09$1,999
Sep 2016140041.553.10$1,282
Aug 2016063441.442.92$1,854
Jul 2016061541.622.92$1,798
Jun 2016054145.352.69$1,453
May 2016166242.521.99$1,361
Apr 2016169336.561.99$1,416
Mar 2016163233.011.79$1,167
Feb 2016076526.472.06$1,579
Jan 2016075327.352.36$1,780
Dec 2015175232.362.00$1,537
Nov 2015069438.792.17$1,504
Oct 2015152343.552.43$1,313
Sep 2015177942.992.76$2,192
Aug 2015168540.162.87$2,008
Jul 2015164448.152.95$1,945
Jun 2015162856.152.88$1,867
May 2015062355.212.96$1,841
Apr 2015187649.822.71$2,421
Mar 2015162242.892.93$1,868
Feb 2015288944.662.98$2,735
Jan 2015280043.433.10$2,567
Dec 2014392754.693.59$3,493
Nov 2014255970.464.25$2,518
Oct 2014283778.303.90$3,422
Sep 201421,03586.164.05$4,359
Aug 2014188489.394.04$3,656
Jul 2014268496.564.18$3,052
Jun 2014277898.164.74$3,882
May 2014272294.734.73$3,602
Apr 2014277995.944.81$3,938
Mar 201421,02695.895.06$5,380
Feb 2014298597.406.19$6,294
Jan 201421,01890.404.86$5,129
Dec 2013390691.824.35$4,221
Nov 201311,31588.853.74$5,005
Oct 2013269597.423.78$2,822
Sep 20133751104.113.72$3,104
Aug 201341,072104.253.52$4,193
Jul 201321,125102.523.72$4,388
Jun 201321,14594.403.93$4,693
May 201321,13094.834.15$4,878
Apr 201341,24993.964.28$5,725
Mar 201351,17893.623.91$5,077
Feb 201321,17391.233.42$4,194
Jan 201331,45191.603.42$5,237
Dec 201221,53486.773.42$5,420
Nov 201221,48786.953.62$5,564
Oct 201241,68289.383.40$6,076
Sep 201231,77794.672.92$5,470
Aug 201221,97492.662.91$5,926
Jul 201262,08885.133.02$6,818
Jun 201242,05279.822.52$5,488
May 201262,24991.612.49$6,146
Apr 201262,211101.652.00$5,025
Mar 201262,416105.052.22$5,999
Feb 201252,489101.102.57$6,903
Jan 201262,84498.092.73$8,364
Dec 201163,31496.873.24$11,318
Nov 201182,90395.723.31$10,378
Oct 201183,61084.983.65$13,851
Sep 201193,96883.623.99$16,568
Aug 2011154,22883.404.15$18,794
Jul 2011203,97894.144.52$19,852
Jun 2011113,34192.904.64$16,524
May 2011173,69098.134.40$17,922
Apr 2011203,589105.964.33$17,671
Mar 2011273,90796.364.06$18,454
Feb 2011283,50085.644.18$17,028
Jan 2011333,67586.504.59$19,718
Dec 2010233,86785.734.35$18,785
Nov 2010223,80380.843.80$16,212
Oct 2010213,84478.103.51$15,128
Sep 2010213,88972.633.98$17,001
Aug 2010274,21973.684.42$20,635
Jul 2010234,34872.554.74$22,263
Jun 2010264,26770.364.91$22,782
May 2010274,69571.124.24$21,805
Apr 2010284,84381.694.12$22,254
Mar 2010264,98878.394.39$23,929
Feb 2010285,02973.585.44$29,430
Jan 2010356,24674.365.96$39,854
Dec 2009345,73271.445.48$33,862
Nov 2009395,01874.593.75$21,734
Oct 2009225,28372.544.11$23,310
Sep 2009235,32165.543.06$17,815
Aug 2009255,77567.423.22$20,272
Jul 2009325,96061.133.46$22,605
Jun 2009326,10366.163.90$25,888
May 2009577,16354.743.93$31,240
Apr 2009589,14846.773.59$35,531
Mar 2009499,03042.144.06$38,718
Feb 20090032.814.63$0
Jan 200908,15835.865.37$43,817
Dec 200809,41137.105.98$56,251
Nov 2008010,02255.496.86$68,755
Oct 2008012,43475.246.92$86,068
Sep 2008015,910101.767.88$125,325
Aug 2008024,088114.228.48$204,339
Jul 2008012,986131.0811.39$147,903
Jun 200802,213131.3313.03$28,841
May 200803,418123.1711.57$39,561
Apr 200803,581110.3110.45$37,439
Mar 200804,123101.909.66$39,845
Feb 200804,97992.538.77$43,669
Jan 200806,10990.388.21$50,129
Dec 200708,76988.337.30$64,031
Nov 200705,22691.677.29$38,106

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.55 =         $0
Gas                  204 Mcf  × $  3.23 =       $659

────────────────────────────────────────────────────
Month total                                     $659

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/232723 is the state's own key, not one this site invented.