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 243062District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jul 2008 – May 2026
Value, last 12 filed months
$26 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 Gas112009-02-09189306
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
CondensateDisposition2,072 bbl$138,154
GasProduction408,091 Mcf$1,692,429
Total$1,830,583

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 28.3073, -98.4714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30727, -98.47139 · 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

42-311340572911,150 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 20260503106.413.05$1,532
Apr 2026076098.932.87$2,181
Mar 2026053289.753.15$1,676
Feb 2026024263.503.75$908
Jan 2026043759.138.00$3,495
Dec 202501,21156.664.41$5,345
Nov 2025669158.593.93$3,065
Oct 2025018759.383.30$618
Sep 2025071162.743.08$2,188
Aug 20250063.933.01$0
Jul 2025630266.743.32$1,402
Jun 20251960066.483.13$3,140
May 202581,22160.553.23$4,431
Apr 202561,04662.363.54$4,080
Mar 20251770967.704.27$4,177
Feb 2025131,08270.884.34$5,618
Jan 202581,90674.324.28$8,750
Dec 2024212,79268.993.12$10,164
Nov 202473,47569.052.20$8,123
Oct 2024134,42571.372.28$11,023
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 20246084.451.66$507
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202403973.023.30$129
Dec 2023020971.262.61$546
Nov 2023576977.892.81$2,548
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023015574.852.64$409
Jun 2023048068.962.26$1,084
May 2023536070.622.23$1,155
Apr 2023550078.122.24$1,509
Mar 2023042872.852.39$1,024
Feb 2023459575.112.47$1,768
Jan 2023059576.533.39$2,016
Dec 2022849176.415.73$3,424
Nov 2022053985.005.65$3,043
Oct 2022358487.185.86$3,686
Sep 2022577484.888.16$6,743
Aug 2022225694.529.13$2,526
Jul 20222840101.587.54$6,539
Jun 20222428115.097.98$3,644
May 20223714109.378.43$6,349
Apr 20223592104.226.84$4,361
Mar 20225755108.885.08$4,377
Feb 2022059391.054.86$2,881
Jan 2022684181.844.54$4,307
Dec 2021360571.323.90$2,573
Nov 2021277177.435.24$4,192
Oct 2021263479.795.71$3,782
Sep 2021048369.865.35$2,584
Aug 2021681766.024.22$3,844
Jul 2021246870.783.98$2,005
Jun 2021351869.493.38$1,960
May 2021696463.483.02$3,290
Apr 202141,22060.362.76$3,607
Mar 2021329761.302.72$991
Feb 202156757.805.55$661
Jan 2021776150.412.81$2,491
Dec 2020057144.642.68$1,528
Nov 20201575438.772.71$2,622
Oct 202071,10436.972.48$2,995
Sep 202061,12337.091.99$2,458
Aug 202041239.982.39$189
Jul 20204038.371.83$153
Jun 20208034.901.69$279
May 2020035516.921.81$644
Apr 2020035814.751.80$646
Mar 2020485630.341.86$1,710
Feb 2020591549.881.98$2,062
Jan 2020121,08157.252.09$2,951
Dec 20191161459.012.30$2,064
Nov 2019993355.302.75$3,064
Oct 2019951,03953.472.42$7,593
Sep 20191171,29955.052.66$9,893
Aug 20191211,07553.112.30$8,904
Jul 20191091,45056.272.46$9,701
Jun 2019521,22752.782.49$5,801
May 2019741,39758.482.74$8,156
Apr 2019111,27562.632.75$4,196
Mar 2019341,23156.803.06$5,701
Feb 2019221,13350.852.79$4,282
Jan 20191473546.033.23$3,017
Dec 201891,03146.594.19$4,735
Nov 2018088752.934.24$3,758
Oct 2018201,18061.443.40$5,239
Sep 201801,12759.543.11$3,503
Aug 201861,57659.403.07$5,189
Jul 2018111,19465.142.93$4,217
Jun 201871,53660.183.08$5,147
May 201891,40565.382.90$4,664
Apr 2018393163.842.90$2,892
Mar 2018675261.222.79$2,463
Feb 2018354461.782.77$1,690
Jan 2018362762.874.01$2,702
Dec 20171264957.272.92$2,583
Nov 2017369255.423.12$2,324
Oct 2017387749.292.98$2,765
Sep 2017518747.523.09$815
Aug 2017792045.373.00$3,082
Jul 201741,07143.873.09$3,482
Jun 2017475942.493.09$2,513
May 2017486945.373.26$3,017
Apr 2017269747.933.21$2,334
Mar 2017279546.772.98$2,466
Feb 2017668750.452.95$2,331
Jan 2017370949.413.42$2,572
Dec 20161071548.763.72$3,149
Nov 201661,04042.492.64$3,005
Oct 2016965046.193.09$2,424
Sep 2016779041.553.10$2,740
Aug 2016483941.442.92$2,619
Jul 2016176241.622.92$2,270
Jun 2016189545.352.69$2,449
May 2016489742.521.99$1,956
Apr 201641,05136.561.99$2,239
Mar 2016360633.011.79$1,186
Feb 2016278926.472.06$1,681
Jan 2016289127.352.36$2,161
Dec 2015872532.362.00$1,710
Nov 201521,06538.792.17$2,386
Oct 2015380243.552.43$2,077
Sep 2015380042.992.76$2,336
Aug 201541,00040.162.87$3,033
Jul 2015480548.152.95$2,563
Jun 2015584456.152.88$2,714
May 2015291355.212.96$2,809
Apr 2015698949.822.71$2,976
Mar 2015385742.892.93$2,644
Feb 2015576444.662.98$2,497
Jan 2015879043.433.10$2,797
Dec 2014111,14254.693.59$4,703
Nov 2014101,00470.464.25$4,973
Oct 2014599378.303.90$4,265
Sep 20141756786.164.05$3,758
Aug 2014265,72789.394.04$25,433
Jul 2014334,85096.564.18$23,458
Jun 2014385,20998.164.74$28,404
May 2014366,46194.734.73$33,949
Apr 2014185,28095.944.81$27,119
Mar 201405,36695.895.06$27,135
Feb 201405,16797.406.19$31,994
Jan 201406,87290.404.86$33,403
Dec 201306,15491.824.35$26,797
Nov 201305,78388.853.74$21,618
Oct 201306,40797.423.78$24,214
Sep 201308,210104.113.72$30,523
Aug 201304,926104.253.52$17,352
Jul 201305,742102.523.72$21,347
Jun 201304,69494.403.93$18,463
May 201304,79094.834.15$19,874
Apr 201304,61093.964.28$19,743
Mar 201307,93493.623.91$31,045
Feb 201303,95791.233.42$13,533
Jan 201303,19791.603.42$10,933
Dec 201202,03986.773.42$6,974
Nov 201203,16286.953.62$11,462
Oct 201202,65989.383.40$9,040
Sep 201202,43094.672.92$7,092
Aug 201202,34792.662.91$6,825
Jul 201202,85985.133.02$8,636
Jun 201202,47279.822.52$6,227
May 201202,60891.612.49$6,490
Apr 201202,448101.652.00$4,888
Mar 201222,957105.052.22$6,781
Feb 201252,640101.102.57$7,291
Jan 201263,08098.092.73$9,010
Dec 201163,47996.873.24$11,852
Nov 201184,00495.723.31$14,024
Oct 201162,83384.983.65$10,846
Sep 201152,32183.623.99$9,669
Aug 201182,48783.404.15$10,987
Jul 2011132,52194.144.52$12,612
Jun 201192,86992.904.64$14,148
May 2011163,32298.134.40$16,203
Apr 2011224,454105.964.33$21,632
Mar 2011254,16296.364.06$19,296
Feb 2011222,95785.644.18$14,244
Jan 2011263,09986.504.59$16,470
Dec 2010183,16685.734.35$15,308
Nov 2010173,12480.843.80$13,231
Oct 2010173,35278.103.51$13,090
Sep 2010173,50572.633.98$15,183
Aug 2010243,90273.684.42$19,013
Jul 2010224,22272.554.74$21,594
Jun 2010254,40070.364.91$23,365
May 2010294,94271.124.24$22,993
Apr 2010345,89781.694.12$27,089
Mar 2010377,11978.394.39$34,143
Feb 2010498,54173.585.44$50,089
Jan 20107114,10474.365.96$89,397
Dec 20094610,98871.445.48$63,542
Nov 2009111,44874.593.75$6,253
Oct 200981,86772.544.11$8,254
Sep 200992,71565.543.06$8,911
Aug 200971,76767.423.22$6,159
Jul 200981,54761.133.46$5,849
Jun 200981,53266.163.90$6,496
May 2009131,72254.743.93$7,472
Apr 2009121,84746.773.59$7,187
Mar 2009142,65142.144.06$11,350
Feb 20090032.814.63$0
Jan 200902,22135.865.37$11,929
Dec 200802,64437.105.98$15,804
Nov 200802,83055.496.86$19,415
Oct 200803,34375.246.92$23,140
Sep 200804,348101.767.88$34,250
Aug 200806,412114.228.48$54,393
Jul 200802,192131.0811.39$24,966

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                  503 Mcf  × $  3.05 =     $1,532

────────────────────────────────────────────────────
Month total                                   $1,532

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/243062 is the state's own key, not one this site invented.