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 238973District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Feb 2008 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
220
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 Gas112008-09-29184615
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
CondensateDisposition2,023 bbl$163,997
GasProduction435,350 Mcf$1,806,909
Total$1,970,906

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 28.3041, -98.4962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30408, -98.49623 · 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
11,060 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 11,060 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-311339952611,060 ftFeb 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 (220)

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

220 months

May 20260428106.413.05$1,304
Apr 202605698.932.87$161
Mar 2026066789.753.15$2,101
Feb 202608863.503.75$330
Jan 2026048859.138.00$3,903
Dec 2025055456.664.41$2,445
Nov 2025018358.593.93$719
Oct 20250059.383.30$0
Sep 2025026662.743.08$818
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 20251066.483.13$66
May 20251060.553.23$61
Apr 202531,50962.363.54$5,534
Mar 2025222,15567.704.27$10,688
Feb 2025151,37170.884.34$7,014
Jan 2025212374.324.28$675
Dec 20241744768.993.12$2,568
Nov 2024102,15569.052.20$5,428
Oct 2024236171.372.28$966
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 20241084.451.66$84
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402473.023.30$79
Dec 202309171.262.61$238
Nov 20231077.892.81$78
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 20231070.622.23$71
Apr 20232078.122.24$156
Mar 20230072.852.39$0
Feb 202341,21075.112.47$3,284
Jan 202301,21076.533.39$4,099
Dec 202210076.415.73$764
Nov 2022074185.005.65$4,184
Oct 2022111,36887.185.86$8,981
Sep 20227084.888.16$594
Aug 202261,64394.529.13$15,563
Jul 202220101.587.54$203
Jun 20224398115.097.98$3,635
May 20224592109.378.43$5,430
Apr 202211,171104.226.84$8,111
Mar 202221,327108.885.08$6,954
Feb 2022015091.054.86$729
Jan 202241,25781.844.54$6,031
Dec 2021137671.323.90$1,537
Nov 2021148477.435.24$2,612
Oct 2021129479.795.71$1,760
Sep 2021064969.865.35$3,473
Aug 2021470266.024.22$3,227
Jul 2021111670.783.98$533
Jun 2021116969.493.38$641
May 2021324363.483.02$924
Apr 2021245960.362.76$1,387
Mar 2021212761.302.72$468
Feb 2021415357.805.55$1,080
Jan 2021529350.412.81$1,075
Dec 2020019444.642.68$519
Nov 20201656138.772.71$2,139
Oct 2020578736.972.48$2,135
Sep 2020210137.091.99$275
Aug 20201039.982.39$40
Jul 20202038.371.83$77
Jun 20204034.901.69$140
May 202005116.921.81$93
Apr 2020011714.751.80$211
Mar 202011,21230.341.86$2,280
Feb 2020144949.881.98$939
Jan 202042,54157.252.09$5,552
Dec 2019472659.012.30$1,909
Nov 2019262955.302.75$1,841
Oct 2019151,62553.472.42$4,732
Sep 2019111,17255.052.66$3,720
Aug 20191269153.112.30$2,230
Jul 2019121,72056.272.46$4,907
Jun 201961,62652.782.49$4,367
May 2019121,60758.482.74$5,105
Apr 201922,49762.632.75$6,994
Mar 201951,28956.803.06$4,231
Feb 201941,83250.852.79$5,319
Jan 201952,66246.033.23$8,824
Dec 201822,37046.594.19$10,013
Nov 201802,35752.934.24$9,987
Oct 20181061.443.40$61
Sep 201801359.543.11$40
Aug 201812,41959.403.07$7,477
Jul 2018183565.142.93$2,513
Jun 2018033260.183.08$1,022
May 201821,61765.382.90$4,821
Apr 2018177063.842.90$2,297
Mar 201801,46661.222.79$4,086
Feb 2018056061.782.77$1,549
Jan 2018197862.874.01$3,984
Dec 201732,08757.272.92$6,269
Nov 20171055.423.12$55
Oct 20173049.292.98$148
Sep 201704,30247.523.09$13,281
Aug 20172045.373.00$91
Jul 201712,76743.873.09$8,586
Jun 201711,62042.493.09$5,044
May 20173045.373.26$136
Apr 201716,25347.933.21$20,130
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20172549.413.42$116
Dec 201676,52848.763.72$24,644
Nov 2016134142.492.64$944
Oct 201661,14746.193.09$3,822
Sep 201681,03941.553.10$3,554
Aug 201641,09241.442.92$3,359
Jul 201611,10841.622.92$3,282
Jun 201621,08045.352.69$2,991
May 201661,09442.521.99$2,433
Apr 201681,03336.561.99$2,349
Mar 2016896333.011.79$1,992
Feb 2016494026.472.06$2,046
Jan 201631,04827.352.36$2,560
Dec 20151196932.362.00$2,295
Nov 2015491238.792.17$2,132
Oct 2015792043.552.43$2,537
Sep 2015681942.992.76$2,517
Aug 2015692540.162.87$2,898
Jul 201571,00548.152.95$3,297
Jun 2015101,17756.152.88$3,955
May 201531,22755.212.96$3,792
Apr 2015121,08649.822.71$3,537
Mar 2015102,04642.892.93$6,433
Feb 2015151,89344.662.98$6,304
Jan 2015172,67243.433.10$9,023
Dec 2014302,97354.693.59$12,318
Nov 2014342,95770.464.25$14,968
Oct 2014173,05078.303.90$13,229
Sep 2014163,01586.164.05$13,576
Aug 2014152,85489.394.04$12,857
Jul 2014202,96696.564.18$14,328
Jun 2014222,86198.164.74$15,712
May 2014242,87894.734.73$15,877
Apr 2014272,85495.944.81$16,316
Mar 2014192,90195.895.06$16,492
Feb 2014182,94897.406.19$20,007
Jan 2014243,73190.404.86$20,305
Dec 2013203,64291.824.35$17,695
Nov 2013103,30088.853.74$13,225
Oct 2013223,50997.423.78$15,405
Sep 2013253,574104.113.72$15,890
Aug 2013213,285104.253.52$13,761
Jul 2013123,649102.523.72$14,796
Jun 2013133,49394.403.93$14,967
May 201383,28994.834.15$14,405
Apr 2013133,36993.964.28$15,650
Mar 2013193,34493.623.91$14,863
Feb 201383,45191.233.42$12,532
Jan 2013143,58291.603.42$13,533
Dec 2012123,81186.773.42$14,075
Nov 2012113,81086.953.62$14,768
Oct 2012143,88889.383.40$14,469
Sep 2012103,66794.672.92$11,648
Aug 201274,00692.662.91$12,299
Jul 2012204,23585.133.02$14,496
Jun 2012174,18579.822.52$11,899
May 2012514,51191.612.49$15,897
Apr 2012544,527101.652.00$14,529
Mar 2012474,913105.052.22$15,854
Feb 2012104,820101.102.57$13,400
Jan 2012116,29598.092.73$18,290
Dec 2011137,30896.873.24$24,935
Nov 2011177,66195.723.31$26,995
Oct 2011147,24384.983.65$27,616
Sep 2011125,84983.623.99$24,316
Aug 2011237,13183.404.15$31,507
Jul 2011357,62194.144.52$37,721
Jun 2011226,81292.904.64$33,651
May 2011327,31798.134.40$35,370
Apr 2011367,135105.964.33$34,733
Mar 2011588,28396.364.06$39,196
Feb 20117610,33585.644.18$49,709
Jan 2011899,93986.504.59$53,306
Dec 20107912,24085.734.35$59,989
Nov 20107416,23680.843.80$67,603
Oct 20104110,84678.103.51$41,260
Sep 201081,59972.633.98$6,944
Aug 2010101,67773.684.42$8,148
Jul 201091,61372.554.74$8,293
Jun 2010101,84770.364.91$9,773
May 201091,93371.124.24$8,827
Apr 201061,04981.694.12$4,815
Mar 201061,28178.394.39$6,092
Feb 2010583873.585.44$4,929
Jan 201061,44074.365.96$9,034
Dec 2009460771.445.48$3,614
Nov 200971,08374.593.75$4,585
Oct 200941,09472.544.11$4,787
Sep 2009499065.543.06$3,296
Aug 200941,04767.423.22$3,639
Jul 2009475661.133.46$2,864
Jun 2009597766.163.90$4,136
May 2009131,63954.743.93$7,146
Apr 2009122,19746.773.59$8,443
Mar 2009467142.144.06$2,892
Feb 20093032.814.63$98
Jan 200941,25235.865.37$6,868
Dec 200871,87837.105.98$11,485
Nov 200831,43855.496.86$10,032
Oct 200881,86175.246.92$13,484
Sep 2008102,411101.767.88$20,009
Aug 200853,235114.228.48$28,014
Jul 200882,294131.0811.39$27,176
Jun 200852,548131.3313.03$33,864
May 2008143,096123.1711.57$37,558
Apr 200843,475110.3110.45$36,772
Mar 200884,640101.909.66$45,656
Feb 200816,78392.538.77$59,583

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                  428 Mcf  × $  3.05 =     $1,304

────────────────────────────────────────────────────
Month total                                   $1,304

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/238973 is the state's own key, not one this site invented.