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 245147District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Nov 2008 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
211
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 Gas112009-04-22190757
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
CondensateDisposition5,355 bbl$355,068
GasProduction425,769 Mcf$1,661,421
Total$2,016,490

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 28.3088, -98.4967. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30882, -98.49670 · 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
11,000 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 11,000 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-311341043111,000 ftNov 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 (211)

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

211 months

May 202602,268106.413.05$6,908
Apr 202601,57098.932.87$4,505
Mar 202602,07989.753.15$6,548
Feb 202602,40263.503.75$9,008
Jan 202601,51559.138.00$12,117
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
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 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
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 2021012760.362.76$350
Mar 2021012061.302.72$326
Feb 20212057.805.55$116
Jan 20211050.412.81$50
Dec 20200044.642.68$0
Nov 20204038.772.71$155
Oct 20203036.972.48$111
Sep 2020291337.091.99$1,892
Aug 20201039.982.39$40
Jul 20201038.371.83$38
Jun 20202034.901.69$70
May 2020041616.921.81$755
Apr 2020051014.751.80$920
Mar 202011,19730.341.86$2,252
Feb 202011,01249.881.98$2,054
Jan 202011,01857.252.09$2,190
Dec 2019196259.012.30$2,276
Nov 2019153155.302.75$1,516
Oct 201951,16253.472.42$3,078
Sep 201961,86955.052.66$5,297
Aug 2019682553.112.30$2,220
Jul 201961,30856.272.46$3,555
Jun 201931,42652.782.49$3,711
May 2019701,36758.482.74$7,840
Apr 2019341,53062.632.75$6,338
Mar 20191001,49756.803.06$10,264
Feb 2019651,14550.852.79$6,502
Jan 2019651,24346.033.23$7,005
Dec 2018331,41446.594.19$7,456
Nov 201801,14252.934.24$4,839
Oct 2018931,42661.443.40$10,560
Sep 201801,34459.543.11$4,177
Aug 2018291,73959.403.07$7,055
Jul 2018581,73565.142.93$8,865
Jun 2018291,89060.183.08$7,561
May 2018511,84465.382.90$8,683
Apr 2018211,60163.842.90$5,985
Mar 2018761,08061.222.79$7,663
Feb 20184093161.782.77$5,046
Jan 2018391,10562.874.01$6,882
Dec 20171161,03757.272.92$9,673
Nov 2017361,13655.423.12$5,538
Oct 2017331,20249.292.98$5,213
Sep 2017231,17447.523.09$4,717
Aug 20173798745.373.00$4,644
Jul 2017291,18943.873.09$4,943
Jun 2017281,20742.493.09$4,916
May 2017341,27845.373.26$5,713
Apr 2017191,18147.933.21$4,704
Mar 2017271,29646.772.98$5,130
Feb 2017541,19150.452.95$6,241
Jan 2017301,37949.413.42$6,197
Dec 2016761,29848.763.72$8,538
Nov 2016281,10742.492.64$4,117
Oct 2016451,20546.193.09$5,802
Sep 2016531,31641.553.10$6,283
Aug 2016241,37941.442.92$5,027
Jul 201691,45841.622.92$4,638
Jun 2016131,45645.352.69$4,500
May 2016411,58242.521.99$4,893
Apr 2016531,56036.561.99$5,044
Mar 2016521,52233.011.79$4,447
Feb 2016221,51426.472.06$3,707
Jan 2016231,75927.352.36$4,788
Dec 2015721,58632.362.00$5,504
Nov 2015241,57738.792.17$4,349
Oct 2015461,67943.552.43$6,078
Sep 2015371,59742.992.76$5,996
Aug 2015401,90340.162.87$7,073
Jul 2015431,40548.152.95$6,208
Jun 2015681,62656.152.88$8,506
May 2015231,69355.212.96$6,273
Apr 2015691,67849.822.71$7,979
Mar 2015511,74942.892.93$7,320
Feb 2015831,89044.662.98$9,332
Jan 2015732,09243.433.10$9,657
Dec 2014542,31254.693.59$11,256
Nov 2014511,29170.464.25$9,083
Oct 2014411,79978.303.90$10,228
Sep 2014351,72686.164.05$9,998
Aug 2014311,45189.394.04$8,626
Jul 2014391,32896.564.18$9,316
Jun 2014341,64998.164.74$11,149
May 2014361,57194.734.73$10,836
Apr 2014551,78395.944.81$13,851
Mar 2014371,80795.895.06$12,686
Feb 2014251,79297.406.19$13,531
Jan 20143499990.404.86$7,929
Dec 2013342,04691.824.35$12,031
Nov 2013151,13088.853.74$5,557
Oct 2013321,32597.423.78$8,125
Sep 201337984104.113.72$7,510
Aug 2013531,574104.253.52$11,070
Jul 2013262,323102.523.72$11,302
Jun 2013411,90194.403.93$11,348
May 2013262,24394.834.15$11,772
Apr 2013451,60993.964.28$11,119
Mar 2013641,71793.623.91$12,710
Feb 2013271,87091.233.42$8,858
Jan 2013471,97891.603.42$11,070
Dec 2012352,03186.773.42$9,983
Nov 2012302,48686.953.62$11,620
Oct 2012532,23089.383.40$12,318
Sep 2012442,92394.672.92$12,696
Aug 2012332,79192.662.91$11,174
Jul 2012913,07885.133.02$17,045
Jun 2012613,10379.822.52$12,686
May 2012963,91091.612.49$18,524
Apr 2012783,107101.652.00$14,133
Mar 2012483,580105.052.22$12,997
Feb 201273,185101.102.57$8,894
Jan 201273,68598.092.73$10,762
Dec 201173,54996.873.24$12,176
Nov 2011103,62795.723.31$12,967
Oct 2011104,17684.983.65$16,086
Sep 201194,48383.623.99$18,621
Aug 2011154,12783.404.15$18,375
Jul 2011285,66894.144.52$28,240
Jun 2011164,61392.904.64$22,890
May 2011275,93298.134.40$28,779
Apr 2011285,255105.964.33$25,738
Mar 2011395,01896.364.06$24,118
Feb 2011507,02085.644.18$33,625
Jan 2011585,53586.504.59$30,416
Dec 2010528,26885.734.35$40,405
Nov 2010569,40480.843.80$40,218
Oct 20106010,56878.103.51$41,768
Sep 20106912,37672.633.98$54,261
Aug 20109915,89373.684.42$77,531
Jul 20105914,82472.554.74$74,494
Jun 2010285,39170.364.91$28,442
May 2010244,15371.124.24$19,296
Apr 2010264,39381.694.12$20,235
Mar 2010265,01278.394.39$24,034
Feb 2010305,53573.585.44$32,331
Jan 2010406,92974.365.96$44,300
Dec 2009426,88671.445.48$40,762
Nov 2009346,83274.593.75$28,166
Oct 20097072.544.11$508
Sep 2009225,07165.543.06$16,983
Aug 2009235,50667.423.22$19,272
Jul 2009285,11161.133.46$19,419
Jun 2009295,43566.163.90$23,088
May 2009526,56054.743.93$28,599
Apr 2009538,10646.773.59$31,559
Mar 2009509,25642.144.06$39,677
Feb 20091502,06532.814.63$14,489
Jan 2009527,01135.865.37$39,521
Dec 20085613,14837.105.98$80,665
Nov 200857,56555.496.86$52,176

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                2,268 Mcf  × $  3.05 =     $6,908

────────────────────────────────────────────────────
Month total                                   $6,908

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/245147 is the state's own key, not one this site invented.