BRACKEN "B"

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 233825District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 2008 – May 2026
Value, last 12 filed months
$17 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 Gas112008-05-19181648
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
CondensateDisposition1,227 bbl$83,774
GasProduction323,998 Mcf$1,686,046
Total$1,769,820

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 28.3599, -98.4666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35994, -98.46658 · 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
10,500 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 10,500 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-31134001307010,500 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 20261391106.413.05$1,297
Apr 2026240598.932.87$1,360
Mar 2026149389.753.15$1,642
Feb 2026133063.503.75$1,301
Jan 2026141059.138.00$3,338
Dec 2025144256.664.41$2,007
Nov 2025136658.593.93$1,496
Oct 2025029459.383.30$972
Sep 2025120562.743.08$694
Aug 2025024263.933.01$730
Jul 2025136366.743.32$1,270
Jun 2025133766.483.13$1,121
May 2025512960.553.23$720
Apr 2025640062.363.54$1,791
Mar 2025346767.704.27$2,196
Feb 2025432870.884.34$1,707
Jan 2025220074.324.28$1,004
Dec 2024436568.993.12$1,415
Nov 2024216069.052.20$490
Oct 2024227471.372.28$768
Sep 2024421269.612.36$780
Aug 2024528675.632.06$968
Jul 2024830179.932.15$1,286
Jun 2024536578.082.63$1,352
May 2024252278.812.20$1,305
Apr 20241084.451.66$84
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240973.023.30$30
Dec 2023331671.262.61$1,039
Nov 2023212877.892.81$515
Oct 2023141385.443.09$1,360
Sep 2023148989.042.74$1,426
Aug 2023142880.522.67$1,225
Jul 2023135874.852.64$1,021
Jun 2023010268.962.26$230
May 2023135570.622.23$861
Apr 2023119578.122.24$514
Mar 2023235172.852.39$986
Feb 2023248075.112.47$1,334
Jan 2023010476.533.39$352
Dec 2022113276.415.73$833
Nov 2022234085.005.65$2,090
Oct 2022026587.185.86$1,554
Sep 2022123784.888.16$2,020
Aug 2022123194.529.13$2,203
Jul 20220113101.587.54$852
Jun 20220124115.097.98$989
May 2022094109.378.43$793
Apr 2022063104.226.84$431
Mar 202200108.885.08$0
Feb 2022040491.054.86$1,963
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 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 2020125949.881.98$563
Jan 20200057.252.09$0
Dec 2019127759.012.30$697
Nov 20190055.302.75$0
Oct 201902053.472.42$48
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 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190146.033.23$3
Dec 20180046.594.19$0
Nov 20180252.934.24$8
Oct 20180161.443.40$3
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170450.452.95$12
Jan 20170749.413.42$24
Dec 20161848.763.72$79
Nov 20161242.492.64$48
Oct 20162778846.193.09$3,682
Sep 2016331,17941.553.10$5,027
Aug 2016331,23641.442.92$4,982
Jul 2016251,21741.622.92$4,599
Jun 2016401,07545.352.69$4,701
May 2016311,14142.521.99$3,590
Apr 2016241,33336.561.99$3,532
Mar 2016171,31133.011.79$2,913
Feb 2016161,19326.472.06$2,885
Jan 2016191,06527.352.36$3,038
Dec 20151785232.362.00$2,255
Nov 20151498138.792.17$2,669
Oct 20151297843.552.43$2,896
Sep 2015771742.992.76$2,279
Aug 2015151,21340.162.87$4,087
Jul 2015271,22448.152.95$4,905
Jun 2015311,46056.152.88$5,950
May 2015371,60855.212.96$6,795
Apr 2015331,47149.822.71$5,625
Mar 201501,14542.892.93$3,360
Feb 201501,36744.662.98$4,068
Jan 2015097443.433.10$3,020
Dec 201401,16054.693.59$4,166
Nov 201401,18970.464.25$5,055
Oct 201401,30678.303.90$5,095
Sep 201401,29986.164.05$5,255
Aug 201401,34689.394.04$5,431
Jul 201401,36696.564.18$5,709
Jun 201401,31798.164.74$6,238
May 201411,61294.734.73$7,714
Apr 201421,37395.944.81$6,795
Mar 201421,49995.895.06$7,772
Feb 201421,44497.406.19$9,136
Jan 201421,40890.404.86$7,025
Dec 201321,31391.824.35$5,901
Nov 201321,48188.853.74$5,714
Oct 201331,49697.423.78$5,946
Sep 201321,825104.113.72$6,993
Aug 201331,776104.253.52$6,569
Jul 201351,932102.523.72$7,695
Jun 201371,80094.403.93$7,741
May 201371,70094.834.15$7,717
Apr 2013121,77493.964.28$8,725
Mar 2013161,87893.623.91$8,846
Feb 2013111,66191.233.42$6,684
Jan 2013141,92591.603.42$7,866
Dec 2012132,05986.773.42$8,170
Nov 2012141,99786.953.62$8,456
Oct 2012122,13389.383.40$8,324
Sep 2012132,07794.672.92$7,292
Aug 2012192,34392.662.91$8,574
Jul 2012232,23185.133.02$8,697
Jun 2012222,10879.822.52$7,066
May 2012282,26391.612.49$8,196
Apr 2012282,314101.652.00$7,467
Mar 2012262,478105.052.22$8,238
Feb 2012172,263101.102.57$7,535
Jan 201252,55198.092.73$7,465
Dec 201152,51996.873.24$8,645
Nov 201152,66795.723.31$9,310
Oct 201152,71384.983.65$10,323
Sep 201132,79583.623.99$11,391
Aug 201143,04383.404.15$12,960
Jul 201172,96594.144.52$14,053
Jun 201172,66892.904.64$13,030
May 201182,51598.134.40$11,863
Apr 201172,508105.964.33$11,610
Mar 201172,83396.364.06$12,169
Feb 201162,54485.644.18$11,148
Jan 2011202,86886.504.59$14,891
Dec 2010253,00585.734.35$15,208
Nov 2010203,29680.843.80$14,126
Oct 2010213,78378.103.51$14,914
Sep 2010233,76172.633.98$16,637
Aug 2010224,25673.684.42$20,430
Jul 2010166,07772.554.74$29,944
Jun 2010105,09470.364.91$25,717
May 2010174,92471.124.24$22,063
Apr 2010175,32481.694.12$23,338
Mar 2010196,26478.394.39$28,980
Feb 201096,50573.585.44$36,065
Jan 201039,29474.365.96$55,653
Dec 2009613,00971.445.48$71,767
Nov 200969,15274.593.75$34,781
Oct 200972,48372.544.11$10,714
Sep 200952,59165.543.06$8,268
Aug 200942,74567.423.22$9,104
Jul 200952,58061.133.46$9,244
Jun 200962,77966.163.90$11,221
May 200963,08454.743.93$12,435
Apr 200973,36946.773.59$12,414
Mar 200953,61742.144.06$14,892
Feb 200953,38232.814.63$15,833
Jan 200943,85735.865.37$20,859
Dec 200833,56937.105.98$21,444
Nov 200833,53155.496.86$24,390
Oct 200844,19375.246.92$29,325
Sep 200834,857101.767.88$38,564
Aug 200835,337114.228.48$45,617
Jul 200805,263131.0811.39$59,943
Jun 200805,532131.3313.03$72,097
May 200806,165123.1711.57$71,356
Apr 200808,323110.3110.45$87,016
Mar 2008011,077101.909.66$107,049
Feb 2008012,11792.538.77$106,273
Jan 200803,34190.388.21$27,415

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             1 bbl  × $106.41 =       $106
Gas                  391 Mcf  × $  3.05 =     $1,191

────────────────────────────────────────────────────
Month total                                   $1,297

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/233825 is the state's own key, not one this site invented.