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 232728District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 2008 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
221
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 Gas112008-04-30180449
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
CondensateDisposition1,057 bbl$75,729
GasProduction197,197 Mcf$1,159,170
Total$1,234,899

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 28.3024, -98.4715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30236, -98.47148 · 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
11,250 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 11,250 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-311340072711,250 ftJan 2008

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 (221)

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

221 months

May 20260573106.413.05$1,745
Apr 2026058398.932.87$1,673
Mar 2026026689.753.15$838
Feb 2026046863.503.75$1,755
Jan 2026032559.138.00$2,599
Dec 202501,03556.664.41$4,568
Nov 2025645158.593.93$2,122
Oct 202509559.383.30$314
Sep 2025068562.743.08$2,108
Aug 20250063.933.01$0
Jul 2025428466.743.32$1,208
Jun 2025941966.483.13$1,909
May 20252967860.553.23$3,947
Apr 20252232262.363.54$2,513
Mar 202511358567.704.27$10,147
Feb 2025821,02970.884.34$10,279
Jan 2025511,83574.324.28$11,642
Dec 20241492,82368.993.12$19,091
Nov 2024493,28069.052.20$10,594
Oct 2024904,54971.372.28$16,801
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 202427084.451.66$2,280
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202403973.023.30$129
Dec 202305471.262.61$141
Nov 20232427477.892.81$2,639
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023031368.962.26$707
May 20231141570.622.23$1,701
Apr 2023349578.122.24$1,342
Mar 2023034072.852.39$814
Feb 2023347375.112.47$1,392
Jan 2023047376.533.39$1,602
Dec 2022758176.415.73$3,863
Nov 2022047885.005.65$2,699
Oct 2022652787.185.86$3,613
Sep 20221062884.888.16$5,976
Aug 2022418294.529.13$2,039
Jul 20225826101.587.54$6,738
Jun 20224387115.097.98$3,548
May 20224571109.378.43$5,253
Apr 20220191104.226.84$1,306
Mar 20221853108.885.08$4,439
Feb 2022033291.054.86$1,613
Jan 2022182981.844.54$3,844
Dec 2021076371.323.90$2,975
Nov 2021059577.435.24$3,116
Oct 2021049779.795.71$2,840
Sep 2021025569.865.35$1,364
Aug 2021147866.024.22$2,083
Jul 2021043370.783.98$1,724
Jun 2021061269.493.38$2,069
May 2021138063.483.02$1,210
Apr 2021092360.362.76$2,546
Mar 202114,21461.302.72$11,510
Feb 2021122157.805.55$1,284
Jan 2021175550.412.81$2,172
Dec 2020047944.642.68$1,282
Nov 2020480938.772.71$2,345
Oct 2020272536.972.48$1,871
Sep 2020165137.091.99$1,333
Aug 20201039.982.39$40
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 2020012316.921.81$223
Apr 2020030214.751.80$545
Mar 2020027030.341.86$501
Feb 2020030749.881.98$608
Jan 202004057.252.09$84
Dec 201908159.012.30$187
Nov 2019028455.302.75$781
Oct 2019130853.472.42$798
Sep 2019125955.052.66$743
Aug 2019228953.112.30$772
Jul 2019135356.272.46$925
Jun 2019124852.782.49$671
May 2019119258.482.74$585
Apr 2019039762.632.75$1,092
Mar 2019147956.803.06$1,524
Feb 2019020750.852.79$578
Jan 2019038946.033.23$1,256
Dec 2018037446.594.19$1,565
Nov 2018026352.934.24$1,114
Oct 2018122661.443.40$829
Sep 2018029959.543.11$929
Aug 2018056859.403.07$1,742
Jul 2018143265.142.93$1,332
Jun 2018025460.183.08$782
May 2018163965.382.90$1,919
Apr 2018128363.842.90$885
Mar 2018021661.222.79$602
Feb 2018027961.782.77$772
Jan 2018022162.874.01$886
Dec 2017114257.272.92$472
Nov 2017018455.423.12$574
Oct 2017039449.292.98$1,176
Sep 2017021947.523.09$676
Aug 2017016645.373.00$499
Jul 2017028743.873.09$886
Jun 2017025642.493.09$790
May 2017028345.373.26$924
Apr 2017034547.933.21$1,108
Mar 2017020746.772.98$618
Feb 2017127750.452.95$868
Jan 2017033649.413.42$1,149
Dec 2016130848.763.72$1,195
Nov 2016032942.492.64$870
Oct 2016019646.193.09$606
Sep 2016023741.553.10$735
Aug 2016030541.442.92$892
Jul 2016024741.622.92$722
Jun 2016029645.352.69$795
May 2016030742.521.99$611
Apr 2016026436.561.99$526
Mar 2016025533.011.79$457
Feb 2016028026.472.06$578
Jan 2016034927.352.36$825
Dec 2015130132.362.00$635
Nov 2015035438.792.17$767
Oct 2015025443.552.43$616
Sep 2015027942.992.76$770
Aug 2015034740.162.87$997
Jul 2015024348.152.95$716
Jun 2015025656.152.88$738
May 2015026155.212.96$771
Apr 2015139349.822.71$1,114
Mar 2015026542.892.93$778
Feb 2015132444.662.98$1,009
Jan 2015139243.433.10$1,259
Dec 2014143854.693.59$1,628
Nov 2014140070.464.25$1,771
Oct 2014137778.303.90$1,549
Sep 2014032886.164.05$1,327
Aug 2014034489.394.04$1,388
Jul 2014131796.564.18$1,421
Jun 2014130598.164.74$1,543
May 2014131594.734.73$1,584
Apr 2014144795.944.81$2,246
Mar 2014136595.895.06$1,942
Feb 2014135997.406.19$2,320
Jan 2014140490.404.86$2,054
Dec 2013146091.824.35$2,095
Nov 2013044988.853.74$1,678
Oct 2013020497.423.78$771
Sep 20131255104.113.72$1,052
Aug 20131377104.253.52$1,432
Jul 20130305102.523.72$1,134
Jun 2013035494.403.93$1,392
May 2013041594.834.15$1,722
Apr 2013137893.964.28$1,713
Mar 2013134293.623.91$1,432
Feb 2013029591.233.42$1,009
Jan 2013136291.603.42$1,330
Dec 2012033386.773.42$1,139
Nov 2012039186.953.62$1,417
Oct 2012143589.383.40$1,568
Sep 2012036194.672.92$1,054
Aug 2012046992.662.91$1,364
Jul 2012146085.133.02$1,475
Jun 2012134979.822.52$959
May 2012142791.612.49$1,154
Apr 20122519101.652.00$1,240
Mar 20122418105.052.22$1,139
Feb 20121488101.102.57$1,355
Jan 2012166198.092.73$1,905
Dec 2011161796.873.24$2,096
Nov 2011147095.723.31$1,652
Oct 2011270084.983.65$2,724
Sep 2011160683.623.99$2,499
Aug 2011268983.404.15$3,026
Jul 2011369294.144.52$3,408
Jun 2011250392.904.64$2,520
May 2011259498.134.40$2,813
Apr 20113517105.964.33$2,558
Mar 2011346196.364.06$2,160
Feb 2011456485.644.18$2,700
Jan 2011556086.504.59$3,002
Dec 2010465485.734.35$3,186
Nov 2010469680.843.80$2,965
Oct 2010469778.103.51$2,758
Sep 2010477172.633.98$3,359
Aug 2010592473.684.42$4,452
Jul 2010478172.554.74$3,989
Jun 2010485270.364.91$4,465
May 2010392071.124.24$4,110
Apr 2010341981.694.12$1,972
Mar 2010357378.394.39$2,750
Feb 2010244673.585.44$2,574
Jan 2010354074.365.96$3,444
Dec 2009230971.445.48$1,837
Nov 2009462174.593.75$2,628
Oct 2009268272.544.11$2,948
Sep 2009246665.543.06$1,559
Aug 2009376067.423.22$2,648
Jul 2009786261.133.46$3,414
Jun 2009193,68566.163.90$15,610
May 2009507,01354.743.93$30,268
Apr 2009346,46046.773.59$24,765
Mar 200961,07542.144.06$4,616
Feb 20094032.814.63$131
Jan 200956,17735.865.37$33,356
Dec 200885,72237.105.98$34,498
Nov 200847,03255.496.86$48,464
Oct 200897,52175.246.92$52,737
Sep 200837,461101.767.88$59,076
Aug 200851,769114.228.48$15,578
Jul 200876,669131.0811.39$76,874
Jun 200856,496131.3313.03$85,317
May 2008137,021123.1711.57$82,864
Apr 200856,768110.3110.45$71,310
Mar 2008107,243101.909.66$71,016
Feb 200848,17992.538.77$72,105
Jan 200816,99890.388.21$57,514

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                  573 Mcf  × $  3.05 =     $1,745

────────────────────────────────────────────────────
Month total                                   $1,745

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/232728 is the state's own key, not one this site invented.