BRACKEN ET AL

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 277775District 01Field 00256500CondensateGasSaveExport
Value, all time
$124 k
Mar 2015 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
135
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.

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
CondensateDisposition228 bbl$11,301
GasProduction37,791 Mcf$113,166
Total$124,467

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 28.4113, -98.4668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41132, -98.46680 · 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
10,236 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 10,236 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-311331717810,236 ftJul 1998

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 (135)

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

135 months

May 2026071106.413.05$216
Apr 2026025998.932.87$743
Mar 2026015489.753.15$485
Feb 202603463.503.75$128
Jan 2026020459.138.00$1,632
Dec 2025012156.664.41$534
Nov 2025017358.593.93$679
Oct 2025011959.383.30$393
Sep 2025018862.743.08$578
Aug 2025022863.933.01$687
Jul 2025024966.743.32$825
Jun 2025023266.483.13$726
May 2025013060.553.23$420
Apr 202504562.363.54$159
Mar 202503667.704.27$154
Feb 202504570.884.34$195
Jan 2025020774.324.28$886
Dec 202408868.993.12$275
Nov 202407769.052.20$169
Oct 202403971.372.28$89
Sep 202403469.612.36$80
Aug 202404875.632.06$99
Jul 202402579.932.15$54
Jun 202404378.082.63$113
May 202402878.812.20$62
Apr 202407584.451.66$124
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202406373.023.30$208
Dec 2023023471.262.61$611
Nov 2023026977.892.81$755
Oct 2023038585.443.09$1,189
Sep 2023026689.042.74$728
Aug 2023016580.522.67$441
Jul 2023050374.852.64$1,329
Jun 202309168.962.26$206
May 202304370.622.23$96
Apr 202305078.122.24$112
Mar 202309272.852.39$220
Feb 202303975.112.47$96
Jan 202305176.533.39$173
Dec 202208176.415.73$464
Nov 202207685.005.65$429
Oct 2022020387.185.86$1,190
Sep 202208684.888.16$702
Aug 202209894.529.13$894
Jul 2022083101.587.54$626
Jun 20220133115.097.98$1,061
May 2022054109.378.43$455
Apr 2022091104.226.84$622
Mar 20220126108.885.08$640
Feb 202208191.054.86$394
Jan 2022014081.844.54$635
Dec 2021015471.323.90$600
Nov 2021018977.435.24$990
Oct 2021017479.795.71$994
Sep 2021017969.865.35$958
Aug 2021017666.024.22$743
Jul 2021036870.783.98$1,465
Jun 2021013669.493.38$460
May 2021011863.483.02$356
Apr 202107860.362.76$215
Mar 202105061.302.72$136
Feb 2021012457.805.55$688
Jan 2021021550.412.81$604
Dec 2020018144.642.68$484
Nov 202004738.772.71$127
Oct 2020023336.972.48$577
Sep 202009137.091.99$181
Aug 202009639.982.39$229
Jul 2020017638.371.83$321
Jun 2020017234.901.69$291
May 20200916.921.81$16
Apr 202003214.751.80$58
Mar 2020026030.341.86$483
Feb 2020026249.881.98$519
Jan 2020121057.252.09$497
Dec 2019024859.012.30$571
Nov 2019328555.302.75$950
Oct 2019421253.472.42$727
Sep 2019232555.052.66$974
Aug 2019314753.112.30$498
Jul 2019517656.272.46$714
Jun 201994752.782.49$592
May 20191022858.482.74$1,210
Apr 2019419562.632.75$787
Mar 2019728456.803.06$1,267
Feb 2019516150.852.79$704
Jan 2019430246.033.23$1,159
Dec 2018322846.594.19$1,094
Nov 2018629752.934.24$1,576
Oct 2018532761.443.40$1,418
Sep 2018323259.543.11$900
Aug 2018322959.403.07$880
Jul 2018531965.142.93$1,261
Jun 2018331660.183.08$1,153
May 2018330265.382.90$1,072
Apr 2018332763.842.90$1,140
Mar 2018329361.222.79$1,000
Feb 2018341061.782.77$1,319
Jan 2018349162.874.01$2,157
Dec 2017329257.272.92$1,025
Nov 2017433555.423.12$1,266
Oct 2017432349.292.98$1,161
Sep 2017222747.523.09$796
Aug 2017229145.373.00$965
Jul 2017339043.873.09$1,336
Jun 2017333142.493.09$1,149
May 2017436345.373.26$1,366
Apr 2017337247.933.21$1,339
Mar 2017329746.772.98$1,026
Feb 2017337850.452.95$1,267
Jan 2017330549.413.42$1,191
Dec 2016451548.763.72$2,112
Nov 2016460542.492.64$1,770
Oct 2016449146.193.09$1,702
Sep 2016565641.553.10$2,242
Aug 2016343541.442.92$1,396
Jul 2016475241.622.92$2,366
Jun 2016471845.352.69$2,110
May 2016490842.521.99$1,978
Apr 201641,02036.561.99$2,177
Mar 2016379433.011.79$1,523
Feb 201641,10926.472.06$2,394
Jan 2016464427.352.36$1,632
Dec 2015682432.362.00$1,843
Nov 2015573738.792.17$1,791
Oct 2015561143.552.43$1,700
Sep 2015681742.992.76$2,512
Aug 2015583840.162.87$2,608
Jul 201541,03448.152.95$3,238
Jun 2015496356.152.88$3,001
May 2015390355.212.96$2,834
Apr 201541,09449.822.71$3,160
Mar 2015285342.892.93$2,589

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                   71 Mcf  × $  3.05 =       $216

────────────────────────────────────────────────────
Month total                                     $216

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/277775 is the state's own key, not one this site invented.