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 261613District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.5 M
Apr 2011 – May 2026
Value, last 12 filed months
$364 k
at the published price for each month
Months reported
182
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 Gas112014-03-31209411
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
CondensateDisposition8,610 bbl$664,997
GasProduction4,616,637 Mcf$15,843,411
Total$16,508,408

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 28.2835, -98.4874. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28346, -98.48743 · 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
10,897 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 10,897 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-3113449938H10,897 ftMay 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 (182)

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

182 months

May 202607,991106.413.05$24,339
Apr 202608,63398.932.87$24,774
Mar 2026011,12189.753.15$35,025
Feb 2026010,30463.503.75$38,643
Jan 202608,25359.138.00$66,007
Dec 202507,51156.664.41$33,149
Nov 202589,71158.593.93$38,598
Oct 2025010,07859.383.30$33,306
Sep 202509,52962.743.08$29,320
Aug 202503,44463.933.01$10,383
Jul 202573,16866.743.32$10,970
Jun 2025165,73466.483.13$19,004
May 20251410,00860.553.23$33,197
Apr 20251412,54262.363.54$45,311
Mar 2025335,01767.704.27$23,648
Feb 2025257,31870.884.34$33,538
Jan 2025136,39674.324.28$28,333
Dec 2024397,02468.993.12$24,615
Nov 2024156,08069.052.20$14,402
Oct 20246013,76171.372.28$35,677
Sep 202403,56869.612.36$8,436
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202446084.451.66$3,885
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202403673.023.30$119
Dec 202308,93771.262.61$23,332
Nov 2023439,64677.892.81$30,431
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202304,26674.852.64$11,270
Jun 202308,93368.962.26$20,175
May 2023267,05670.622.23$17,553
Apr 2023211,01278.122.24$3,905
Mar 202308,91472.852.39$21,333
Feb 20232513,03275.112.47$34,010
Jan 2023013,03276.533.39$44,149
Dec 20224911,86276.415.73$71,702
Nov 2022012,97385.005.65$73,248
Oct 2022236,65187.185.86$41,005
Sep 20225911,85284.888.16$101,764
Aug 20222914,49594.529.13$135,039
Jul 20222712,178101.587.54$94,590
Jun 2022289,748115.097.98$80,984
May 20222713,816109.378.43$119,464
Apr 20222910,112104.226.84$72,164
Mar 20225211,423108.885.08$63,649
Feb 202209,80391.054.86$47,631
Jan 20225114,73381.844.54$71,027
Dec 20212612,71671.323.90$51,436
Nov 20212510,62577.435.24$57,577
Oct 20212613,00179.795.71$76,361
Sep 2021012,94169.865.35$69,246
Aug 2021509,33266.024.22$42,688
Jul 20212810,93170.783.98$45,510
Jun 2021299,72869.493.38$34,902
May 20215115,10363.483.02$48,813
Apr 20212816,64960.362.76$47,615
Mar 2021316,00161.302.72$18,205
Feb 20215710,21957.805.55$59,989
Jan 20214912,11850.412.81$36,525
Dec 2020011,74544.642.68$31,423
Nov 2020649,38238.772.71$27,874
Oct 20203311,17936.972.48$28,926
Sep 20203613,81737.091.99$28,845
Aug 2020359,20039.982.39$23,342
Jul 20202910,23138.371.83$19,786
Jun 202057334.901.69$1,994
May 2020014,75516.921.81$26,777
Apr 202007,62114.751.80$13,751
Mar 20202111,56130.341.86$22,097
Feb 20202116,34649.881.98$33,424
Jan 20203415,34457.252.09$34,088
Dec 20193712,65859.012.30$31,352
Nov 20191712,10655.302.75$34,240
Oct 2019512,91453.472.42$31,500
Sep 2019614,17655.052.66$38,000
Aug 2019710,88653.112.30$25,457
Jul 2019615,28256.272.46$37,932
Jun 2019315,39952.782.49$38,520
May 20192716,87958.482.74$47,833
Apr 20191116,61562.632.75$46,392
Mar 20193617,32156.803.06$55,083
Feb 20193114,50450.852.79$42,075
Jan 20193616,02846.033.23$53,398
Dec 20182116,62846.594.19$70,574
Nov 2018013,80752.934.24$58,504
Oct 201815617,61761.443.40$69,449
Sep 2018014,11759.543.11$43,876
Aug 20185319,92959.403.07$64,262
Jul 201810921,14065.142.93$69,080
Jun 20185922,84460.183.08$73,840
May 201813223,82165.382.90$77,730
Apr 20187920,11663.842.90$63,396
Mar 2018013,65361.222.79$38,049
Feb 2018011,86661.782.77$32,823
Jan 2018012,94562.874.01$51,901
Dec 20171313,98057.272.92$41,587
Nov 2017013,35155.423.12$41,633
Oct 2017015,15149.292.98$45,206
Sep 2017012,41047.523.09$38,313
Aug 2017011,22045.373.00$33,709
Jul 2017016,39043.873.09$50,601
Jun 201719715,66342.493.09$56,727
May 2017117,40545.373.26$56,845
Apr 20178015,80947.933.21$54,607
Mar 201714215,31146.772.98$52,324
Feb 20171015,26050.452.95$45,561
Jan 2017115,82349.413.42$54,145
Dec 2016317,52348.763.72$65,381
Nov 2016017,14042.492.64$45,324
Oct 2016017,22546.193.09$53,230
Sep 2016916,97741.553.10$53,013
Aug 20161318,46641.442.92$54,540
Jul 201610018,67741.622.92$58,780
Jun 20164018,79745.352.69$52,300
May 2016820,46842.521.99$41,093
Apr 20161419,88036.561.99$40,094
Mar 20161120,30633.011.79$36,792
Feb 201621920,13326.472.06$47,344
Jan 201621422,46127.352.36$58,959
Dec 20152222,06632.362.00$44,875
Nov 2015820,84038.792.17$45,477
Oct 20152221,75543.552.43$53,748
Sep 20153119,86342.992.76$56,123
Aug 20153623,27840.162.87$68,312
Jul 20153518,25148.152.95$55,436
Jun 20151520,71356.152.88$60,555
May 2015021,48255.212.96$63,489
Apr 2015020,85449.822.71$56,443
Mar 2015021,38242.892.93$62,750
Feb 2015019,20244.662.98$57,149
Jan 2015020,58543.433.10$63,826
Dec 2014422,34754.693.59$80,475
Nov 20145122,21970.464.25$98,065
Oct 20141724,64978.303.90$97,486
Sep 2014025,64686.164.05$103,749
Aug 2014523,56789.394.04$95,543
Jul 2014326,47296.564.18$110,932
Jun 2014125,90798.164.74$122,817
May 2014225,37594.734.73$120,126
Apr 2014424,17495.944.81$116,639
Mar 20141026,19995.895.06$133,442
Feb 2014821,44697.406.19$133,573
Jan 2014930,63390.404.86$149,712
Dec 20131231,07591.824.35$136,417
Nov 2013330,47088.853.74$114,172
Oct 20131033,33597.423.78$126,959
Sep 20132832,308104.113.72$123,028
Aug 20134033,752104.253.52$123,065
Jul 20136533,585102.523.72$131,524
Jun 20134232,39794.403.93$131,395
May 20132539,22894.834.15$165,131
Apr 20134639,02493.964.28$171,446
Mar 20137643,53493.623.91$177,458
Feb 20134042,54291.233.42$149,139
Jan 20137046,01091.603.42$163,762
Dec 20124649,29886.773.42$172,598
Nov 20123653,34186.953.62$196,489
Oct 20125957,72889.383.40$201,530
Sep 20125457,37294.672.92$172,547
Aug 20124561,90292.662.91$184,191
Jul 201212076,40685.133.02$241,023
Jun 20127187,66879.822.52$226,506
May 201299101,77191.612.49$262,308
Apr 201279112,945101.652.00$233,559
Mar 2012111127,274105.052.22$294,474
Feb 2012283133,131101.102.57$370,790
Jan 2012307154,12098.092.73$451,490
Dec 2011283156,84296.873.24$535,542
Nov 2011325116,33495.723.31$416,323
Oct 2011355140,57884.983.65$543,072
Sep 2011393195,69983.623.99$812,880
Aug 2011544158,38683.404.15$702,564
Jul 2011565156,92094.144.52$762,034
Jun 201118232,25692.904.64$166,572
May 2011498159,17598.134.40$750,006
Apr 201100105.964.33$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                7,991 Mcf  × $  3.05 =    $24,339

────────────────────────────────────────────────────
Month total                                  $24,339

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/261613 is the state's own key, not one this site invented.