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 232726District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 Gas112008-05-19180236
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
CondensateDisposition4,038 bbl$272,085
GasProduction429,083 Mcf$2,075,897
Total$2,347,982

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 28.3007, -98.4844. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30067, -98.48442 · 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
Dec 2007
1 of 1 wells

1 well

42-311339882411,150 ftDec 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 (222)

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

222 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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
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 202205691.054.86$272
Jan 2022010681.844.54$481
Dec 2021035271.323.90$1,372
Nov 2021050977.435.24$2,666
Oct 2021058879.795.71$3,360
Sep 2021015869.865.35$845
Aug 2021010466.024.22$439
Jul 2021025370.783.98$1,007
Jun 2021046669.493.38$1,575
May 2021079363.483.02$2,393
Apr 2021049360.362.76$1,360
Mar 2021022461.302.72$609
Feb 202108257.805.55$455
Jan 2021047250.412.81$1,326
Dec 2020030144.642.68$805
Nov 2020062738.772.71$1,697
Oct 2020034236.972.48$848
Sep 2020056637.091.99$1,127
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020033016.921.81$599
Apr 2020048914.751.80$882
Mar 2020084430.341.86$1,567
Feb 2020087149.881.98$1,725
Jan 2020089157.252.09$1,866
Dec 2019085359.012.30$1,966
Nov 2019087555.302.75$2,407
Oct 201901,17553.472.42$2,842
Sep 201901,27955.052.66$3,399
Aug 2019099353.112.30$2,288
Jul 201901,46556.272.46$3,604
Jun 2019070752.782.49$1,761
May 201931,53258.482.74$4,374
Apr 201911,60862.632.75$4,486
Mar 201951,67456.803.06$5,410
Feb 201971,15550.852.79$3,581
Jan 2019101,26946.033.23$4,557
Dec 201871,36646.594.19$6,043
Nov 201801,09752.934.24$4,648
Oct 2018751,22861.443.40$8,781
Sep 201801,24759.543.11$3,876
Aug 2018241,70359.403.07$6,648
Jul 2018481,68765.142.93$8,073
Jun 2018262,35160.183.08$8,799
May 2018411,22865.382.90$6,243
Apr 2018171,55363.842.90$5,590
Mar 2018691,03861.222.79$7,117
Feb 20183695161.782.77$4,855
Jan 2018341,15262.874.01$6,756
Dec 20171031,41257.272.92$10,024
Nov 2017371,04555.423.12$5,309
Oct 20174149249.292.98$3,489
Sep 2017261,11547.523.09$4,678
Aug 20173194445.373.00$4,243
Jul 2017231,28743.873.09$4,982
Jun 20172380442.493.09$3,459
May 2017291,18245.373.26$5,173
Apr 2017161,07447.933.21$4,216
Mar 2017281,10646.772.98$4,610
Feb 2017481,12250.452.95$5,734
Jan 2017261,30649.413.42$5,750
Dec 2016731,24648.763.72$8,198
Nov 2016541,37842.492.64$5,938
Oct 2016491,15046.193.09$5,817
Sep 2016421,27141.553.10$5,686
Aug 2016191,44141.442.92$5,001
Jul 2016795941.622.92$3,096
Jun 2016101,30745.352.69$3,964
May 2016301,42742.521.99$4,117
Apr 2016401,52636.561.99$4,501
Mar 2016431,21733.011.79$3,603
Feb 2016191,61926.472.06$3,844
Jan 2016181,43027.352.36$3,873
Dec 2015571,38732.362.00$4,620
Nov 2015201,23838.792.17$3,459
Oct 2015391,68243.552.43$5,780
Sep 2015331,20642.992.76$4,745
Aug 2015341,68340.162.87$6,200
Jul 2015391,21048.152.95$5,441
Jun 2015551,35456.152.88$6,992
May 2015171,48055.212.96$5,313
Apr 2015631,52149.822.71$7,255
Mar 2015501,54842.892.93$6,687
Feb 2015791,50444.662.98$8,004
Jan 2015871,68443.433.10$9,000
Dec 20141371,95254.693.59$14,503
Nov 20141491,32570.464.25$16,132
Oct 2014721,88978.303.90$13,007
Sep 2014422,12686.164.05$12,219
Aug 2014231,39389.394.04$7,677
Jul 2014391,14896.564.18$8,564
Jun 2014361,21498.164.74$9,284
May 2014431,06594.734.73$9,107
Apr 2014711,03495.944.81$11,784
Mar 2014481,06595.895.06$9,988
Feb 2014421,49897.406.19$13,366
Jan 2014511,19290.404.86$10,404
Dec 2013581,36291.824.35$11,256
Nov 2013361,40888.853.74$8,462
Oct 2013651,64197.423.78$12,534
Sep 201353628104.113.72$7,853
Aug 2013801,641104.253.52$14,121
Jul 2013421,222102.523.72$8,849
Jun 2013541,53094.403.93$11,116
May 2013351,56294.834.15$9,800
Apr 2013611,64193.964.28$12,759
Mar 2013651,50193.623.91$11,959
Feb 2013101,62791.233.42$6,476
Jan 201351,89591.603.42$6,939
Dec 201232,03186.773.42$7,207
Nov 201221,82386.953.62$6,782
Oct 201241,93589.383.40$6,936
Sep 201232,02194.672.92$6,182
Aug 201222,22192.662.91$6,644
Jul 201262,32985.133.02$7,546
Jun 201242,42279.822.52$6,420
May 201232,18391.612.49$5,707
Apr 201202,681101.652.00$5,353
Mar 201222,895105.052.22$6,643
Feb 201263,088101.102.57$8,544
Jan 201273,64698.092.73$10,655
Dec 201184,18596.873.24$14,333
Nov 201193,72995.723.31$13,209
Oct 201162,72784.983.65$10,459
Sep 201183,39383.623.99$14,193
Aug 2011153,85983.404.15$17,263
Jul 2011235,17694.144.52$25,546
Jun 2011112,89392.904.64$14,445
May 2011224,75098.134.40$23,082
Apr 2011254,501105.964.33$22,153
Mar 2011355,08496.364.06$24,000
Feb 2011324,58485.644.18$21,902
Jan 2011313,38286.504.59$18,201
Dec 2010223,84485.734.35$18,599
Nov 2010213,79480.843.80$16,097
Oct 2010203,80578.103.51$14,913
Sep 2010203,82172.633.98$16,658
Aug 2010264,11173.684.42$20,084
Jul 2010224,19172.554.74$21,447
Jun 2010244,04070.364.91$21,527
May 2010254,37171.124.24$20,290
Apr 2010254,40881.694.12$20,215
Mar 2010234,47278.394.39$21,429
Feb 2010244,39973.585.44$25,707
Jan 2010305,20774.365.96$33,286
Dec 2009325,19471.445.48$30,769
Nov 2009415,19674.593.75$22,551
Oct 2009235,84472.544.11$25,689
Sep 2009245,58365.543.06$18,683
Aug 2009265,93167.423.22$20,842
Jul 2009356,09661.133.46$23,259
Jun 2009336,27366.163.90$26,617
May 2009627,39854.743.93$32,437
Apr 20096611,68946.773.59$45,021
Mar 2009193,45542.144.06$14,825
Feb 20090032.814.63$0
Jan 200907,20435.865.37$38,693
Dec 200808,73137.105.98$52,186
Nov 200809,64355.496.86$66,154
Oct 2008011,01775.246.92$76,259
Sep 2008013,662101.767.88$107,617
Aug 2008020,488114.228.48$173,800
Jul 200800131.0811.39$0
Jun 200803,719131.3313.03$48,468
May 200804,842123.1711.57$56,043
Apr 200804,565110.3110.45$47,726
Mar 200805,446101.909.66$52,631
Feb 200806,86892.538.77$60,236
Jan 200808,67390.388.21$71,168
Dec 2007011,54688.337.30$84,309

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.

Feb 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.05 =         $0
Gas                   56 Mcf  × $  4.86 =       $272

────────────────────────────────────────────────────
Month total                                     $272

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/232726 is the state's own key, not one this site invented.