BRACKEN

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 241830District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$655 k
May 2008 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
217
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 Gas112008-11-21185276
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
CondensateDisposition2,287 bbl$162,962
GasProduction101,971 Mcf$492,057
Total$655,019

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 28.4108, -98.4887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41078, -98.48872 · 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
9,900 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 9,900 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-31134042959,900 ftMay 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 (217)

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

217 months

May 20268312106.413.05$1,802
Apr 20261331498.932.87$2,187
Mar 2026320989.753.15$927
Feb 2026324963.503.75$1,124
Jan 2026627459.138.00$2,546
Dec 2025828556.664.41$1,711
Nov 20251020158.593.93$1,375
Oct 20251424459.383.30$1,638
Sep 20251224862.743.08$1,516
Aug 20251327663.933.01$1,663
Jul 2025033266.743.32$1,101
Jun 2025024566.483.13$767
May 2025217460.553.23$684
Apr 20251026462.363.54$1,559
Mar 2025019067.704.27$811
Feb 2025021470.884.34$929
Jan 2025050974.324.28$2,178
Dec 20241144268.993.12$2,139
Nov 2024215769.052.20$483
Oct 2024420871.372.28$760
Sep 2024825369.612.36$1,155
Aug 2024818475.632.06$985
Jul 2024716179.932.15$905
Jun 20241618978.082.63$1,747
May 20241217978.812.20$1,339
Apr 2024161,46884.451.66$3,787
Mar 2024019080.301.55$294
Feb 20240076.091.78$0
Jan 202401873.023.30$59
Dec 2023311971.262.61$524
Nov 202338277.892.81$464
Oct 202313385.443.09$187
Sep 202334489.042.74$387
Aug 2023243280.522.67$1,316
Jul 202363174.852.64$531
Jun 202307768.962.26$174
May 2023118870.622.23$489
Apr 2023321378.122.24$711
Mar 2023317472.852.39$635
Feb 2023217175.112.47$572
Jan 2023619776.533.39$1,127
Dec 2022634776.415.73$2,446
Nov 2022227285.005.65$1,706
Oct 2022714287.185.86$1,443
Sep 2022627284.888.16$2,730
Aug 2022433294.529.13$3,408
Jul 20225186101.587.54$1,911
Jun 20226327115.097.98$3,299
May 20225187109.378.43$2,124
Apr 20223319104.226.84$2,494
Mar 20228417108.885.08$2,988
Feb 2022542791.054.86$2,530
Jan 2022547781.844.54$2,574
Dec 2021458671.323.90$2,570
Nov 2021454177.435.24$3,143
Oct 2021350179.795.71$3,102
Sep 2021350669.865.35$2,917
Aug 2021432766.024.22$1,644
Jul 2021246170.783.98$1,977
Jun 2021221869.493.38$876
May 2021440663.483.02$1,479
Apr 2021617960.362.76$856
Mar 2021617261.302.72$835
Feb 2021347057.805.55$2,781
Jan 2021637050.412.81$1,342
Dec 2020620544.642.68$816
Nov 20201218138.772.71$955
Oct 20201625936.972.48$1,233
Sep 20201133437.091.99$1,073
Aug 20201429539.982.39$1,263
Jul 20201134638.371.83$1,054
Jun 2020941534.901.69$1,016
May 202009016.921.81$163
Apr 2020138114.751.80$702
Mar 2020643730.341.86$993
Feb 2020646549.881.98$1,220
Jan 2020730857.252.09$1,046
Dec 2019220859.012.30$597
Nov 2019742155.302.75$1,545
Oct 2019731653.472.42$1,139
Sep 2019431455.052.66$1,055
Aug 2019716453.112.30$750
Jul 2019826456.272.46$1,100
Jun 2019727252.782.49$1,047
May 20191029958.482.74$1,404
Apr 2019924762.632.75$1,243
Mar 20192020656.803.06$1,767
Feb 20191331450.852.79$1,538
Jan 2019724546.033.23$1,113
Dec 2018519546.594.19$1,049
Nov 20181731652.934.24$2,239
Oct 20182226761.443.40$2,259
Sep 20181726659.543.11$1,839
Aug 20181431759.403.07$1,804
Jul 20181528365.142.93$1,807
Jun 20181127860.183.08$1,517
May 20181228065.382.90$1,597
Apr 2018933263.842.90$1,538
Mar 20181430461.222.79$1,704
Feb 20181435461.782.77$1,844
Jan 20181830262.874.01$2,342
Dec 20171131657.272.92$1,553
Nov 2017823955.423.12$1,189
Oct 2017828849.292.98$1,254
Sep 2017423547.523.09$916
Aug 2017521745.373.00$879
Jul 2017825443.873.09$1,135
Jun 2017927642.493.09$1,235
May 20171125645.373.26$1,335
Apr 2017822147.933.21$1,093
Mar 2017824646.772.98$1,108
Feb 2017821350.452.95$1,033
Jan 20171024249.413.42$1,321
Dec 20161239348.763.72$2,048
Nov 20161137642.492.64$1,462
Oct 20161030846.193.09$1,414
Sep 20161336941.553.10$1,684
Aug 20161242041.442.92$1,726
Jul 20161239641.622.92$1,657
Jun 20161142145.352.69$1,630
May 20161270442.521.99$1,912
Apr 20161256936.561.99$1,572
Mar 20161058533.011.79$1,380
Feb 20161158826.472.06$1,505
Jan 20161364227.352.36$1,873
Dec 20151752532.362.00$1,601
Nov 20151142538.792.17$1,348
Oct 20151545943.552.43$1,767
Sep 20151550242.992.76$2,030
Aug 20151254340.162.87$2,042
Jul 20151364548.152.95$2,526
Jun 20151376256.152.88$2,927
May 20151068655.212.96$2,580
Apr 20151167849.822.71$2,383
Mar 2015967942.892.93$2,379
Feb 2015737644.662.98$1,432
Jan 20151047243.433.10$1,898
Dec 2014953354.693.59$2,406
Nov 2014745170.464.25$2,411
Oct 2014946878.303.90$2,530
Sep 2014949586.164.05$2,778
Aug 2014854889.394.04$2,926
Jul 2014954896.564.18$3,159
Jun 2014855998.164.74$3,433
May 20141053894.734.73$3,490
Apr 20141149995.944.81$3,455
Mar 20141135395.895.06$2,840
Feb 2014934597.406.19$3,013
Jan 20141237190.404.86$2,888
Dec 2013942991.824.35$2,694
Nov 20131063288.853.74$3,251
Oct 2013938397.423.78$2,324
Sep 20138371104.113.72$2,212
Aug 20137391104.253.52$2,107
Jul 20138409102.523.72$2,341
Jun 2013838794.403.93$2,277
May 2013715394.834.15$1,299
Apr 2013633793.964.28$2,007
Mar 20131040393.623.91$2,513
Feb 2013936391.233.42$2,063
Jan 20131035491.603.42$2,127
Dec 2012833386.773.42$1,833
Nov 20121134486.953.62$2,203
Oct 20121342789.383.40$2,614
Sep 20121039794.672.92$2,105
Aug 20121039292.662.91$2,067
Jul 2012942685.133.02$2,053
Jun 20121044179.822.52$1,909
May 2012945591.612.49$1,957
Apr 20127491101.652.00$1,692
Mar 20126479105.052.22$1,695
Feb 20125478101.102.57$1,734
Jan 2012561698.092.73$2,175
Dec 2011967396.873.24$3,052
Nov 2011860795.723.31$2,776
Oct 20111060284.983.65$3,046
Sep 2011968283.623.99$3,471
Aug 2011759983.404.15$3,069
Jul 2011964394.144.52$3,752
Jun 2011754392.904.64$3,170
May 2011859998.134.40$3,424
Apr 20118475105.964.33$2,906
Mar 2011525496.364.06$1,512
Feb 20111044285.644.18$2,704
Jan 20111150286.504.59$3,255
Dec 20101255985.734.35$3,459
Nov 20101350580.843.80$2,968
Oct 20101140178.103.51$2,266
Sep 20101452672.633.98$3,110
Aug 2010953073.684.42$3,005
Jul 20101855472.554.74$3,930
Jun 20101347270.364.91$3,232
May 20101658871.124.24$3,628
Apr 20101660481.694.12$3,797
Mar 20101363078.394.39$3,784
Feb 2010771873.585.44$4,423
Jan 2010533774.365.96$2,382
Dec 2009959571.445.48$3,906
Nov 20092263374.593.75$4,016
Oct 20093282072.544.11$5,692
Sep 20092377465.543.06$3,880
Aug 20093386867.423.22$5,019
Jul 20093287161.133.46$4,974
Jun 20093082166.163.90$5,183
May 20092698154.743.93$5,274
Apr 20092197646.773.59$4,484
Mar 2009201,02342.144.06$4,995
Feb 20092196032.814.63$5,137
Jan 2009311,16335.865.37$7,358
Dec 2008221,14037.105.98$7,630
Nov 2008391,19755.496.86$10,376
Oct 2008521,43875.246.92$13,866
Sep 2008551,758101.767.88$19,445
Aug 2008491,994114.228.48$22,512
Jul 2008543,214131.0811.39$43,684
Jun 2008506,166131.3313.03$86,926
May 2008261,737123.1711.57$23,307

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             8 bbl  × $106.41 =       $851
Gas                  312 Mcf  × $  3.05 =       $950

────────────────────────────────────────────────────
Month total                                   $1,802

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/241830 is the state's own key, not one this site invented.