R. BRACKEN

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 261615District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Jun 2011 – May 2026
Value, last 12 filed months
$103 k
at the published price for each month
Months reported
180
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 Gas112014-03-31209416
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
CondensateDisposition5,201 bbl$419,219
GasProduction3,254,081 Mcf$11,097,574
Total$11,516,792

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 28.2844, -98.4778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28440, -98.47779 · 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
11,140 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 11,140 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-3113450240H11,140 ftJul 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 (180)

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

180 months

May 202601,636106.413.05$4,983
Apr 202601,57498.932.87$4,517
Mar 202602,66189.753.15$8,381
Feb 202602,17563.503.75$8,157
Jan 202602,27059.138.00$18,155
Dec 202502,06056.664.41$9,092
Nov 2025151,73558.593.93$7,691
Oct 202503,71159.383.30$12,264
Sep 202502,57362.743.08$7,917
Aug 2025034063.933.01$1,025
Jul 2025161,93266.743.32$7,473
Jun 2025293,55366.483.13$13,044
May 202526,56460.553.23$21,338
Apr 202511,66962.363.54$5,976
Mar 202541,77767.704.27$7,856
Feb 202535,37670.884.34$23,549
Jan 202511,49774.324.28$6,480
Dec 202434,48568.993.12$14,206
Nov 2024173069.052.20$1,674
Oct 20246071.372.28$428
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 202407573.023.30$247
Dec 2023011,01571.262.61$28,757
Nov 202369,64677.892.81$27,549
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202302,20174.852.64$5,815
Jun 202308,69568.962.26$19,637
May 202365,93770.622.23$13,648
Apr 202353,08178.122.24$7,285
Mar 202304,05272.852.39$9,697
Feb 202355,52175.112.47$13,989
Jan 202305,52176.533.39$18,704
Dec 2022115,56476.415.73$32,717
Nov 202205,16285.005.65$29,146
Oct 202265,09187.185.86$30,375
Sep 2022135,88884.888.16$49,171
Aug 202276,11894.529.13$56,502
Jul 202276,028101.587.54$46,175
Jun 2022106,533115.097.98$53,266
May 2022115,351109.378.43$46,328
Apr 2022174,469104.226.84$32,329
Mar 2022366,626108.885.08$37,556
Feb 202204,34691.054.86$21,117
Jan 2022325,62481.844.54$28,139
Dec 2021166,16471.323.90$25,175
Nov 2021155,06177.435.24$27,665
Oct 2021136,56379.795.71$38,537
Sep 202105,15969.865.35$27,605
Aug 2021265,23966.024.22$23,828
Jul 2021145,76770.783.98$23,956
Jun 2021134,08269.493.38$14,703
May 2021275,49563.483.02$18,296
Apr 2021154,80660.362.76$14,162
Mar 2021142,27061.302.72$7,026
Feb 2021262,83457.805.55$17,226
Jan 2021255,10850.412.81$15,615
Dec 202005,26344.642.68$14,081
Nov 2020324,91538.772.71$14,543
Oct 2020168,70236.972.48$22,159
Sep 20201713,26737.091.99$27,046
Aug 2020166,59539.982.39$16,369
Jul 2020121,98138.371.83$4,076
Jun 202023034.901.69$803
May 202006,52516.921.81$11,841
Apr 2020011,27314.751.80$20,341
Mar 2020128,64330.341.86$16,407
Feb 2020107,88049.881.98$16,106
Jan 20201810,48457.252.09$22,992
Dec 2019218,68759.012.30$21,257
Nov 2019118,29755.302.75$23,431
Oct 2019239,52253.472.42$24,259
Sep 20192910,19155.052.66$28,677
Aug 2019309,57053.112.30$23,646
Jul 20192611,61456.272.46$30,034
Jun 20191211,85952.782.49$30,177
May 20192012,06858.482.74$34,240
Apr 2019413,03362.632.75$36,100
Mar 20191113,14656.803.06$40,879
Feb 2019710,18750.852.79$28,800
Jan 2019611,24346.033.23$36,571
Dec 2018312,78446.594.19$53,646
Nov 2018012,61752.934.24$53,461
Oct 2018013,24461.443.40$45,004
Sep 2018012,31359.543.11$38,269
Aug 2018015,90759.403.07$48,780
Jul 2018016,09665.142.93$47,192
Jun 2018016,42260.183.08$50,529
May 2018317,79765.382.90$51,822
Apr 2018314,97463.842.90$43,628
Mar 2018010,18861.222.79$28,392
Feb 201808,95861.782.77$24,779
Jan 2018010,26062.874.01$41,136
Dec 201709,90057.272.92$28,923
Nov 2017011,35755.423.12$35,415
Oct 2017012,22049.292.98$36,461
Sep 201709,72747.523.09$30,030
Aug 201747,87445.373.00$23,838
Jul 20173411,55543.873.09$37,165
Jun 20171211,72542.493.09$36,708
May 2017012,43145.373.26$40,567
Apr 2017011,53347.933.21$37,039
Mar 2017011,70146.772.98$34,912
Feb 2017511,52850.452.95$34,290
Jan 2017312,72749.413.42$43,659
Dec 20161412,40248.763.72$46,853
Nov 2016111,46442.492.64$30,357
Oct 2016012,44246.193.09$38,449
Sep 20161311,51341.553.10$36,238
Aug 2016112,12541.442.92$35,499
Jul 20161811,27641.622.92$33,724
Jun 20164110,96245.352.69$31,301
May 20166911,23342.521.99$25,299
Apr 20163311,93136.561.99$24,962
Mar 20161512,29133.011.79$22,545
Feb 2016012,61326.472.06$26,029
Jan 20161614,41027.352.36$34,508
Dec 20154213,47732.362.00$28,332
Nov 20151413,38138.792.17$29,544
Oct 20154013,53343.552.43$34,581
Sep 20155712,28642.992.76$36,340
Aug 20155513,96640.162.87$42,326
Jul 20154710,57548.152.95$33,407
Jun 20157712,40156.152.88$40,074
May 20152213,15655.212.96$40,097
Apr 20157813,14749.822.71$39,469
Mar 20154213,22142.892.93$40,601
Feb 20151711,89744.662.98$36,167
Jan 2015615,08043.433.10$47,018
Dec 2014014,43854.693.59$51,852
Nov 2014014,60870.464.25$62,111
Oct 2014215,81778.303.90$61,858
Sep 20141615,86886.164.05$65,572
Aug 20143015,51389.394.04$65,279
Jul 20142617,23496.564.18$74,542
Jun 20143917,69098.164.74$87,624
May 20145016,58494.734.73$83,122
Apr 20145816,50595.944.81$84,939
Mar 20145218,80095.895.06$100,054
Feb 20144117,51697.406.19$112,452
Jan 20144522,12890.404.86$111,626
Dec 20135723,64091.824.35$108,174
Nov 20133223,17988.853.74$89,493
Oct 20134826,41797.423.78$104,516
Sep 20132127,585104.113.72$104,740
Aug 201318528,872104.253.52$120,991
Jul 20133928,722102.523.72$110,779
Jun 2013030,08694.403.93$118,341
May 2013030,78694.834.15$127,734
Apr 2013131,11693.964.28$133,351
Mar 2013532,81693.623.91$128,873
Feb 2013032,00691.233.42$109,458
Jan 2013037,55591.603.42$128,435
Dec 2012041,45386.773.42$141,776
Nov 2012042,83086.953.62$155,257
Oct 2012044,30489.383.40$150,619
Sep 2012044,22094.672.92$129,052
Aug 2012048,82992.662.91$142,003
Jul 2012050,81385.133.02$153,496
Jun 2012049,85879.822.52$125,594
May 2012166,11391.612.49$164,602
Apr 2012067,361101.652.00$134,506
Mar 20124771,755105.052.22$164,383
Feb 201215663,489101.102.57$178,954
Jan 2012259126,91498.092.73$372,398
Dec 2011281148,17396.873.24$507,262
Nov 2011401148,34595.723.31$529,596
Oct 2011394164,98184.983.65$635,422
Sep 2011384191,43583.623.99$795,132
Aug 2011515155,17983.404.15$686,838
Jul 2011412131,57394.144.52$633,133
Jun 20110092.904.64$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                1,636 Mcf  × $  3.05 =     $4,983

────────────────────────────────────────────────────
Month total                                   $4,983

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/261615 is the state's own key, not one this site invented.