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 243054District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jul 2008 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
215
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 Gas112009-03-17190344
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
CondensateDisposition2,233 bbl$158,570
GasProduction390,443 Mcf$1,621,263
Total$1,779,833

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 28.3075, -98.4757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30755, -98.47570 · 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
Jul 2008
1 of 1 wells

1 well

42-311340562811,150 ftJul 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 (215)

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

215 months

May 20260663106.413.05$2,019
Apr 2026071298.932.87$2,043
Mar 2026049089.753.15$1,543
Feb 2026044563.503.75$1,669
Jan 2026043759.138.00$3,495
Dec 202501,32356.664.41$5,839
Nov 2025574658.593.93$3,222
Oct 2025026659.383.30$879
Sep 2025013562.743.08$415
Aug 20250063.933.01$0
Jul 2025442366.743.32$1,669
Jun 20251152966.483.13$2,386
May 20251198360.553.23$3,843
Apr 2025892762.363.54$3,783
Mar 20253270867.704.27$5,188
Feb 2025211,25170.884.34$6,919
Jan 2025874874.324.28$3,795
Dec 2024331,94368.993.12$8,341
Nov 2024133,69869.052.20$9,027
Oct 2024206,07871.372.28$15,294
Sep 202404,13869.612.36$9,784
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20243084.451.66$253
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20233077.892.81$234
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 2023469270.622.23$1,824
Apr 2023327078.122.24$839
Mar 2023041572.852.39$993
Feb 2023356875.112.47$1,626
Jan 2023056876.533.39$1,924
Dec 2022971376.415.73$4,773
Nov 2022054885.005.65$3,094
Oct 2022956187.185.86$4,074
Sep 20221684384.888.16$8,240
Aug 2022626694.529.13$2,995
Jul 20228765101.587.54$6,582
Jun 20226587115.097.98$5,373
May 20226602109.378.43$5,733
Apr 20222601104.226.84$4,318
Mar 20225853108.885.08$4,875
Feb 2022083891.054.86$4,072
Jan 2022672281.844.54$3,767
Dec 2021384271.323.90$3,497
Nov 2021266177.435.24$3,616
Oct 2021360479.795.71$3,691
Sep 2021049769.865.35$2,659
Aug 2021663866.024.22$3,089
Jul 2021227470.783.98$1,233
Jun 2021336769.493.38$1,449
May 2021796063.483.02$3,341
Apr 202141,26260.362.76$3,723
Mar 2021335561.302.72$1,148
Feb 2021712557.805.55$1,098
Jan 2021774250.412.81$2,438
Dec 2020026644.642.68$712
Nov 20201480638.772.71$2,724
Oct 2020640336.972.48$1,221
Sep 2020654537.091.99$1,308
Aug 20205039.982.39$200
Jul 20206038.371.83$230
Jun 202013034.901.69$454
May 2020050216.921.81$911
Apr 2020042514.751.80$767
Mar 202081,16030.341.86$2,396
Feb 20201049349.881.98$1,475
Jan 2020111,14257.252.09$3,022
Dec 20191583159.012.30$2,800
Nov 2019974855.302.75$2,555
Oct 2019441,23053.472.42$5,327
Sep 2019481,37755.052.66$6,301
Aug 2019501,11653.112.30$5,227
Jul 2019441,52056.272.46$6,215
Jun 2019191,39352.782.49$4,473
May 2019301,22158.482.74$5,100
Apr 201971,54862.632.75$4,696
Mar 2019211,69356.803.06$6,377
Feb 2019141,29750.852.79$4,333
Jan 2019131,53646.033.23$5,557
Dec 201871,49146.594.19$6,567
Nov 201801,31052.934.24$5,551
Oct 2018131,53861.443.40$6,025
Sep 201801,38359.543.11$4,298
Aug 201841,75659.403.07$5,622
Jul 201881,75765.142.93$5,672
Jun 201841,87760.183.08$6,016
May 201871,76165.382.90$5,566
Apr 201831,60263.842.90$4,839
Mar 2018111,09761.222.79$3,731
Feb 2018695061.782.77$2,998
Jan 201861,11862.874.01$4,860
Dec 2017141,12557.272.92$4,088
Nov 201721,20155.423.12$3,856
Oct 201711,20549.292.98$3,645
Sep 2017357647.523.09$1,921
Aug 2017489945.373.00$2,882
Jul 201741,22343.873.09$3,951
Jun 201741,18942.493.09$3,841
May 201751,23945.373.26$4,270
Apr 201731,16147.933.21$3,872
Mar 201751,14946.772.98$3,662
Feb 201781,12750.452.95$3,731
Jan 201741,40949.413.42$5,015
Dec 2016121,29648.763.72$5,410
Nov 2016101,20442.492.64$3,609
Oct 201691,22846.193.09$4,211
Sep 201681,22341.553.10$4,124
Aug 201631,28141.442.92$3,870
Jul 201611,29341.622.92$3,823
Jun 201621,30045.352.69$3,582
May 201651,43042.521.99$3,060
Apr 201671,39336.561.99$3,029
Mar 201681,38633.011.79$2,751
Feb 201631,36026.472.06$2,886
Jan 201631,52627.352.36$3,690
Dec 2015101,44232.362.00$3,210
Nov 201541,37838.792.17$3,142
Oct 201571,48043.552.43$3,896
Sep 201551,32942.992.76$3,881
Aug 201561,72940.162.87$5,208
Jul 201561,20648.152.95$3,841
Jun 2015101,38256.152.88$4,546
May 201531,45355.212.96$4,460
Apr 201591,47549.822.71$4,441
Mar 201571,36542.892.93$4,306
Feb 2015131,52444.662.98$5,116
Jan 2015141,52743.433.10$5,343
Dec 2014101,76154.693.59$6,871
Nov 20141499070.464.25$5,196
Oct 2014151,64478.303.90$7,588
Sep 2014131,67286.164.05$7,884
Aug 2014111,65189.394.04$7,645
Jul 2014181,64996.564.18$8,630
Jun 2014161,82298.164.74$10,201
May 2014141,54194.734.73$8,610
Apr 2014231,58495.944.81$9,824
Mar 2014161,79495.895.06$10,606
Feb 2014151,64497.406.19$11,641
Jan 2014202,02390.404.86$11,641
Dec 2013172,07091.824.35$10,575
Nov 201391,94988.853.74$8,086
Oct 2013192,06097.423.78$9,636
Sep 2013221,951104.113.72$9,544
Aug 2013181,990104.253.52$8,886
Jul 2013112,065102.523.72$8,805
Jun 2013111,94494.403.93$8,685
May 201371,91594.834.15$8,609
Apr 2013132,01593.964.28$9,851
Mar 2013162,01593.623.91$9,382
Feb 201341,95891.233.42$7,061
Jan 201352,03891.603.42$7,428
Dec 201242,18686.773.42$7,824
Nov 201232,17386.953.62$8,138
Oct 201242,14289.383.40$7,640
Sep 201232,09994.672.92$6,410
Aug 201222,14792.662.91$6,429
Jul 201262,19285.133.02$7,132
Jun 201242,10379.822.52$5,617
May 201252,24391.612.49$6,039
Apr 201202,126101.652.00$4,245
Mar 201222,592105.052.22$5,970
Feb 201252,548101.102.57$7,054
Jan 201252,90798.092.73$8,438
Dec 201153,10396.873.24$10,537
Nov 201173,08495.723.31$10,882
Oct 201163,15184.983.65$12,006
Sep 201163,27383.623.99$13,547
Aug 2011113,38383.404.15$14,955
Jul 2011163,53394.144.52$17,466
Jun 2011103,16892.904.64$15,628
May 2011153,46598.134.40$16,735
Apr 2011173,288105.964.33$16,049
Mar 2011243,76496.364.06$17,584
Feb 2011283,63285.644.18$17,580
Jan 2011404,45186.504.59$23,885
Dec 2010265,49685.734.35$26,124
Nov 2010223,92080.843.80$16,656
Oct 2010234,57278.103.51$17,839
Sep 2010234,80772.633.98$20,800
Aug 2010315,27273.684.42$25,583
Jul 2010245,07272.554.74$25,765
Jun 2010294,38670.364.91$23,577
May 2010396,67071.124.24$31,023
Apr 2010447,56981.694.12$34,799
Mar 2010469,15678.394.39$43,789
Feb 20106210,30673.585.44$60,651
Jan 20109919,28174.365.96$122,355
Dec 20096315,68271.445.48$90,497
Nov 2009101,08674.593.75$4,820
Oct 200961,99372.544.11$8,627
Sep 200951,15465.543.06$3,864
Aug 200971,81767.423.22$6,320
Jul 2009112,04161.133.46$7,743
Jun 2009102,15666.163.90$9,059
May 2009182,43754.743.93$10,552
Apr 2009162,41146.773.59$9,398
Mar 2009162,91342.144.06$12,498
Feb 20094032.814.63$131
Jan 200962,55335.865.37$13,927
Dec 200893,05837.105.98$18,612
Nov 200843,21255.496.86$22,257
Oct 200883,73675.246.92$26,462
Sep 200894,798101.767.88$38,710
Aug 200855,949114.228.48$51,037
Jul 200874,455131.0811.39$51,657

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                  663 Mcf  × $  3.05 =     $2,019

────────────────────────────────────────────────────
Month total                                   $2,019

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/243054 is the state's own key, not one this site invented.