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 254474District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Aug 2009 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
202
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 Gas112010-04-23197822
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
CondensateDisposition4,987 bbl$384,383
GasProduction1,610,664 Mcf$6,040,463
Total$6,424,846

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 28.2901, -98.4712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29014, -98.47118 · 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
11,083 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 11,083 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-3113412934H11,083 ftAug 2009

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 (202)

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

202 months

May 202601,701106.413.05$5,181
Apr 202601,20498.932.87$3,455
Mar 202602,06689.753.15$6,507
Feb 202601,21663.503.75$4,560
Jan 202601,71159.138.00$13,684
Dec 202501,77256.664.41$7,820
Nov 202581,91458.593.93$7,984
Oct 202503,22859.383.30$10,668
Sep 202501,68662.743.08$5,188
Aug 202501,46563.933.01$4,417
Jul 202581,06566.743.32$4,065
Jun 2025183,03966.483.13$10,705
May 202534,04660.553.23$13,260
Apr 202533,49562.363.54$12,570
Mar 202561,61867.704.27$7,312
Feb 202552,58570.884.34$11,575
Jan 202535,17674.324.28$22,369
Dec 2024113,79568.993.12$12,604
Nov 202461,68969.052.20$4,127
Oct 20241990071.372.28$3,409
Sep 202402,35169.612.36$5,559
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202418084.451.66$1,520
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024020373.023.30$669
Dec 202304,22171.262.61$11,020
Nov 202321077.892.81$1,636
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202301,29474.852.64$3,418
Jun 202302,52968.962.26$5,712
May 2023164,39170.622.23$10,910
Apr 202381,89078.122.24$4,854
Mar 202301,30572.852.39$3,123
Feb 202372,34275.112.47$6,300
Jan 202302,34276.533.39$7,934
Dec 2022172,49776.415.73$15,604
Nov 202201,44285.005.65$8,142
Oct 2022131,56687.185.86$10,316
Sep 2022241,68484.888.16$15,785
Aug 2022121,39694.529.13$13,876
Jul 2022132,500101.587.54$20,176
Jun 2022122,247115.097.98$19,306
May 2022124,004109.378.43$35,078
Apr 2022104,570104.226.84$32,290
Mar 2022106,208108.885.08$32,603
Feb 20220091.054.86$0
Jan 202215381.844.54$322
Dec 20211071.323.90$71
Nov 2021114677.435.24$842
Oct 20211079.795.71$80
Sep 20210069.865.35$0
Aug 20212066.024.22$132
Jul 2021135070.783.98$1,465
Jun 2021278769.493.38$2,800
May 202172,93163.483.02$9,289
Apr 2021282360.362.76$2,391
Mar 2021442161.302.72$1,389
Feb 2021645957.805.55$2,893
Jan 202161,46950.412.81$4,431
Dec 202004444.642.68$118
Nov 2020221,37438.772.71$4,572
Oct 2020122,11036.972.48$5,673
Sep 2020733237.091.99$921
Aug 2020969839.982.39$2,025
Jul 2020813538.371.83$553
Jun 202015034.901.69$524
May 202001,63416.921.81$2,965
Apr 202003,30514.751.80$5,963
Mar 202072,37230.341.86$4,615
Feb 202051,26449.881.98$2,753
Jan 2020122,21257.252.09$5,321
Dec 2019172,11759.012.30$5,882
Nov 201992,41455.302.75$7,138
Oct 2019372,53953.472.42$8,119
Sep 2019211,62255.052.66$5,466
Aug 2019172,19253.112.30$5,954
Jul 2019342,67956.272.46$8,504
Jun 2019243,07652.782.49$8,930
May 2019362,85258.482.74$9,921
Apr 201944,02662.632.75$11,325
Mar 2019124,27556.803.06$13,772
Feb 201973,14250.852.79$9,129
Jan 201973,68446.033.23$12,215
Dec 201834,27546.594.19$18,033
Nov 201803,20552.934.24$13,580
Oct 201843,96361.443.40$13,712
Sep 201803,61459.543.11$11,232
Aug 201814,84959.403.07$14,929
Jul 201834,96365.142.93$14,746
Jun 201814,92760.183.08$15,220
May 201835,36965.382.90$15,771
Apr 201824,57763.842.90$13,405
Mar 201843,14761.222.79$9,015
Feb 201822,82161.782.77$7,927
Jan 201823,34662.874.01$13,541
Dec 201763,40057.272.92$10,277
Nov 201723,18555.423.12$10,043
Oct 201723,31249.292.98$9,981
Sep 201713,56647.523.09$11,057
Aug 201722,56745.373.00$7,803
Jul 201713,85743.873.09$11,952
Jun 201713,88642.493.09$12,040
May 201724,10045.373.26$13,471
Apr 201713,28947.933.21$10,611
Mar 201723,92846.772.98$11,813
Feb 201733,83950.452.95$11,486
Jan 201724,32649.413.42$14,889
Dec 201664,47248.763.72$16,941
Nov 201633,92442.492.64$10,504
Oct 201634,35646.193.09$13,600
Sep 201634,45141.553.10$13,926
Aug 201614,64841.442.92$13,634
Jul 201604,74141.622.92$13,864
Jun 201614,46745.352.69$12,043
May 201625,24942.521.99$10,536
Apr 201635,33436.561.99$10,730
Mar 201635,18833.011.79$9,406
Feb 201615,00826.472.06$10,361
Jan 201615,75827.352.36$13,641
Dec 201545,47632.362.00$11,089
Nov 201515,21138.792.17$11,333
Oct 201525,54843.552.43$13,550
Sep 201525,30042.992.76$14,706
Aug 201526,10840.162.87$17,625
Jul 201525,04348.152.95$14,948
Jun 201545,57656.152.88$16,299
May 201515,80455.212.96$17,209
Apr 201545,66049.822.71$15,518
Mar 201535,64642.892.93$16,698
Feb 201555,58944.662.98$16,857
Jan 201566,30443.433.10$19,807
Dec 2014107,07654.693.59$25,959
Nov 2014115,79770.464.25$25,423
Oct 201468,60978.303.90$34,053
Sep 201468,60486.164.05$35,324
Aug 201468,25389.394.04$33,838
Jul 201479,15596.564.18$38,940
Jun 201479,50098.164.74$45,687
May 201488,20194.734.73$39,520
Apr 2014108,94995.944.81$43,996
Mar 201479,70895.895.06$49,763
Feb 201469,22397.406.19$57,693
Jan 2014811,26190.404.86$55,460
Dec 2013711,46691.824.35$50,571
Nov 2013311,51488.853.74$43,309
Oct 2013712,10997.423.78$46,446
Sep 2013812,169104.113.72$46,074
Aug 2013712,708104.253.52$45,495
Jul 2013412,856102.523.72$48,205
Jun 2013413,87094.403.93$54,934
May 2013212,79294.834.15$53,265
Apr 2013414,46593.964.28$62,324
Mar 2013612,56393.623.91$49,719
Feb 2013210,60291.233.42$36,440
Jan 2013516,75191.603.42$57,745
Dec 2012417,19786.773.42$59,164
Nov 2012312,58786.953.62$45,888
Oct 2012412,86789.383.40$44,101
Sep 2012314,16594.672.92$41,623
Aug 2012214,98892.662.91$43,773
Jul 2012716,36285.133.02$50,022
Jun 2012416,91879.822.52$42,936
May 2012617,97791.612.49$45,282
Apr 2012618,568101.652.00$37,686
Mar 20121520,295105.052.22$46,673
Feb 20123214,426101.102.57$40,313
Jan 20124221,03398.092.73$61,626
Dec 20114222,83596.873.24$78,048
Nov 20115419,59595.723.31$70,053
Oct 20115322,94884.983.65$88,231
Sep 20115324,25583.623.99$101,107
Aug 20118725,54383.404.15$113,242
Jul 201110124,13494.144.52$118,527
Jun 20114311,24692.904.64$56,175
May 20118317,26998.134.40$84,212
Apr 20119617,433105.964.33$85,714
Mar 201113919,98896.364.06$94,492
Feb 201115018,00685.644.18$88,111
Jan 201119120,91986.504.59$112,514
Dec 201013622,44385.734.35$109,236
Nov 201013423,04780.843.80$98,304
Oct 201012924,21278.103.51$95,032
Sep 201011823,03572.633.98$100,237
Aug 201014221,68473.684.42$106,292
Jul 201011123,22272.554.74$118,044
Jun 201010516,65270.364.91$89,156
May 201011120,16871.124.24$93,310
Apr 201011817,54981.694.12$81,989
Mar 201013325,57478.394.39$122,662
Feb 201014225,49273.585.44$149,185
Jan 201020633,14174.365.96$212,974
Dec 200923736,35671.445.48$216,299
Nov 200934541,72474.593.75$182,261
Oct 200923354,13172.544.11$239,394
Sep 200927165,55665.543.06$218,674
Aug 200919365,86167.423.22$224,986

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                1,701 Mcf  × $  3.05 =     $5,181

────────────────────────────────────────────────────
Month total                                   $5,181

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/254474 is the state's own key, not one this site invented.