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 261044District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Dec 2010 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
186
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 Gas112012-05-09205267
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
CondensateDisposition8,768 bbl$765,458
GasProduction2,286,916 Mcf$8,330,626
Total$9,096,085

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 28.2845, -98.4930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28452, -98.49301 · 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
10,870 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 10,870 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-3113429237H10,870 ftFeb 2011

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 (186)

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

186 months

May 2026056106.413.05$171
Apr 202601,10298.932.87$3,162
Mar 202602,31389.753.15$7,285
Feb 202601,94363.503.75$7,287
Jan 202601,02559.138.00$8,198
Dec 202501,87956.664.41$8,293
Nov 202562,76858.593.93$11,220
Oct 202503,07159.383.30$10,149
Sep 202502,05962.743.08$6,335
Aug 20250063.933.01$0
Jul 2025529166.743.32$1,298
Jun 20251015466.483.13$1,147
May 202527,07360.553.23$22,983
Apr 202528,77662.363.54$31,219
Mar 202537,95167.704.27$34,141
Feb 202501,08370.884.34$4,701
Jan 20250074.324.28$0
Dec 20241068.993.12$69
Nov 20240069.052.20$0
Oct 202421,56771.372.28$3,718
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 20241084.451.66$84
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202404373.023.30$142
Dec 2023043771.262.61$1,141
Nov 20231077.892.81$78
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 20232070.622.23$141
Apr 20233078.122.24$234
Mar 2023061072.852.39$1,460
Feb 202341,92875.112.47$5,054
Jan 202301,92876.533.39$6,532
Dec 202282776.415.73$766
Nov 202201,46785.005.65$8,283
Oct 202295,07987.185.86$30,567
Sep 2022112,94884.888.16$25,000
Aug 202263,83294.529.13$35,542
Jul 202244,191101.587.54$32,015
Jun 202233,242115.097.98$26,207
May 20222373109.378.43$3,364
Apr 202221,716104.226.84$11,942
Mar 202253,975108.885.08$20,723
Feb 202203,46091.054.86$16,812
Jan 2022216781.844.54$921
Dec 20211071.323.90$71
Nov 2021217777.435.24$1,082
Oct 2021213379.795.71$920
Sep 202104869.865.35$257
Aug 202132866.024.22$316
Jul 2021212570.783.98$639
Jun 2021431669.493.38$1,346
May 2021826263.483.02$1,298
Apr 202141,60860.362.76$4,677
Mar 2021821961.302.72$1,085
Feb 2021201,00357.805.55$6,721
Jan 2021191,36050.412.81$4,780
Dec 202001,08244.642.68$2,895
Nov 202091,74138.772.71$5,061
Oct 202071,62936.972.48$4,296
Sep 2020517437.091.99$532
Aug 2020842139.982.39$1,324
Jul 202081,48438.371.83$3,015
Jun 202015034.901.69$524
May 202002,47416.921.81$4,490
Apr 202003,06714.751.80$5,534
Mar 202092,55930.341.86$5,023
Feb 202093,79849.881.98$7,972
Jan 2020134,48157.252.09$10,131
Dec 2019153,54559.012.30$9,054
Nov 201952,78255.302.75$7,929
Oct 201953,72753.472.42$9,281
Sep 201954,92455.052.66$13,360
Aug 201953,00153.112.30$7,181
Jul 201953,94156.272.46$9,976
Jun 201934,42752.782.49$11,187
May 201965,03658.482.74$14,151
Apr 201925,43662.632.75$15,078
Mar 201965,34156.803.06$16,695
Feb 201954,56150.852.79$12,990
Jan 201964,34846.033.23$14,312
Dec 201833,42346.594.19$14,467
Nov 201803,01552.934.24$12,775
Oct 2018244,07161.443.40$15,308
Sep 201804,25359.543.11$13,218
Aug 201885,46759.403.07$17,240
Jul 2018155,37565.142.93$16,736
Jun 201884,59860.183.08$14,629
May 2018227,37165.382.90$22,820
Apr 2018135,57963.842.90$17,013
Mar 201804,55161.222.79$12,683
Feb 201804,02561.782.77$11,134
Jan 201804,46662.874.01$17,906
Dec 201734,15357.272.92$12,305
Nov 201725,94755.423.12$18,656
Oct 201745,31949.292.98$16,067
Sep 2017195,54847.523.09$18,031
Aug 201705,03445.373.00$15,124
Jul 201705,97043.873.09$18,431
Jun 2017064442.493.09$1,988
May 2017070645.373.26$2,304
Apr 2017067147.933.21$2,155
Mar 2017122,83646.772.98$9,023
Feb 201756,29250.452.95$18,830
Jan 201707,54149.413.42$25,781
Dec 201627,32648.763.72$27,371
Nov 201607,08242.492.64$18,727
Oct 2016247,47346.193.09$24,202
Sep 2016287,63041.553.10$24,821
Aug 2016128,11741.442.92$24,234
Jul 201678,34741.622.92$24,701
Jun 2016308,30645.352.69$23,669
May 2016649,31642.521.99$21,270
Apr 2016419,49136.561.99$20,396
Mar 2016459,84333.011.79$19,144
Feb 2016209,19126.472.06$19,496
Jan 20161610,72827.352.36$25,802
Dec 20155210,43132.362.00$22,559
Nov 20151810,21938.792.17$22,846
Oct 20154510,82843.552.43$28,235
Sep 20156210,37842.992.76$31,292
Aug 20156111,59740.162.87$35,762
Jul 2015565,77448.152.95$19,701
Jun 20151106,56356.152.88$25,097
May 2015408,78855.212.96$28,181
Apr 2015898,43349.822.71$27,258
Mar 2015338,05242.892.93$25,046
Feb 2015156,69544.662.98$20,595
Jan 2015010,62543.433.10$32,944
Dec 201408,67954.693.59$31,169
Nov 201467,95470.464.25$34,242
Oct 201428,60678.303.90$33,728
Sep 201419,01286.164.05$36,544
Aug 201448,68289.394.04$35,390
Jul 2014139,51196.564.18$41,007
Jun 20144510,29198.164.74$53,164
May 20145510,23694.734.73$53,591
Apr 2014810,82295.944.81$52,812
Mar 20142713,56195.895.06$71,164
Feb 20144213,34797.406.19$86,735
Jan 20147516,16590.404.86$85,354
Dec 20138215,49791.824.35$75,011
Nov 20132014,43188.853.74$55,724
Oct 20131416,64997.423.78$64,286
Sep 20132217,105104.113.72$65,882
Aug 20136417,609104.253.52$68,702
Jul 20137616,627102.523.72$69,606
Jun 20134816,77994.403.93$70,530
May 20133115,21494.834.15$66,064
Apr 20136017,28193.964.28$79,645
Mar 20138817,99993.623.91$78,666
Feb 20134919,23591.233.42$70,252
Jan 20139122,87891.603.42$86,576
Dec 20127324,13886.773.42$88,890
Nov 20126923,91886.953.62$92,701
Oct 201210825,71089.383.40$97,059
Sep 201240225,35294.672.92$112,045
Aug 201239426,61192.662.91$113,897
Jul 201215131,60385.133.02$108,321
Jun 201210132,94479.822.52$91,049
May 201215436,54991.612.49$105,054
Apr 201214739,472101.652.00$93,760
Mar 201217444,588105.052.22$117,357
Feb 201210147,163101.102.57$131,431
Jan 201211355,69098.092.73$163,345
Dec 201111962,80796.873.24$215,006
Nov 201119064,22095.723.31$230,837
Oct 201121389,28584.983.65$343,861
Sep 2011206103,89883.623.99$431,342
Aug 201128979,86783.404.15$355,496
Jul 2011502101,57694.144.52$506,101
Jun 201128883,07392.904.64$412,204
May 201145490,89298.134.40$444,914
Apr 2011605106,046105.964.33$523,633
Mar 20111,096167,55396.364.06$785,430
Feb 2011570113,91185.644.18$524,961
Jan 20110086.504.59$0
Dec 20100085.734.35$0

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                   56 Mcf  × $  3.05 =       $171

────────────────────────────────────────────────────
Month total                                     $171

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/261044 is the state's own key, not one this site invented.