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Texas oil lease

Producing

BRACKEN "I"

Bracken "I" is an oil lease in McMullen County, Texas, operated by Varas Energy Operating Company, in the A.w.p. (Olmos) field.

4 wells

164bbl oil, last 12 months−83% vs prior year
RRC lease
01-12182

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Where it sits

This county

McMullen CountyMcMullenLA SalleAtascosaKarnesFrioLive OakMcMullen County
McMullen County
Gas, last 12 months
5,781 mcf
Oil in Jul 2026
6 bbl

Production by month

Oil output fell 83% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 83% over the last 12 monthsMonthly oil production and gas for BRACKEN "I", Aug 2023 to Jul 2026. Oil output fell 83% over the last 12 months. 164 bbl in the 12 months through Jul 2026, against 979 bbl in the 12 months before.Last 12 months: 164 bblbbl per monthmcf per month00502001004001506002008002501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 83% over the last 12 monthsMonthly oil production and gas for BRACKEN "I", Aug 2023 to Jul 2026. Oil output fell 83% over the last 12 months. 164 bbl in the 12 months through Jul 2026, against 979 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502001004001506002008002501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
92% of the gas went to a processing plant in the last 12 monthsShare of BRACKEN "I" gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of BRACKEN "I" gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 5,343 mcf

  • Lease fuel (1)

    7.6% · 438 mcf

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEl Dorado Gas & Oil, Inc., Jan 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025El Dorado Gas & Oil, Inc.Jan 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeEl Dorado Gas & Oil, Inc., Jan 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025El Dorado Gas & Oil, Inc.Jan 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on BRACKEN "I"
API numberWell no.Status
42-311-31817102Active
42-311-326841Active
42-311-33990103Active
42-311-34018104Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Trafigura Trading LLCOilGathers34Jan 1, 2025–
Enterprise Crude Oil LLCOilGathers33Jan 1, 2025–
Plains Marketing, L.p.OilGathers33Jan 1, 2025–
Varas Energy Operating Company,Casinghead gasBuys100Jan 1, 2025–
Targa Southtex Ccng Gathering LtCasinghead gasGathers100Jan 1, 2025–
Southcross Ccng Gathering Ltd.Casinghead gasGathers100Jan 1, 2018Jan 1, 2025
El Dorado Gas & Oil, Inc.Casinghead gasBuys100Jan 1, 2018Jan 1, 2025
Bp Products North America Inc.OilGathers17Jan 1, 2018Jan 1, 2025
Enterprise Crude Oil LLCOilGathers17Jan 1, 2018Jan 1, 2025
Flint Hills Resources, LPOilGathers17Jan 1, 2018Jan 1, 2025
Plains Marketing, L.p.OilGathers17Jan 1, 2018Jan 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

160 acres on the newest permit

Permits for Bracken "I"
API numberWell no.Acreson the permit
42-311-34018104160
42-311-33990103160
42-311-326841158.33
42-311-32684101158.33
42-311-31817102160

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for BRACKEN "I"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy653212860$80.46$2.89
Jun 2026Varas Energy16154584140$84.81$3.15
May 2026Varas Energy8102962720$102.13$2.94
Apr 2026Varas Energy984043670$100.32$2.77
Mar 2026Varas Energy9162041920$91.38$3.04
Feb 2026Varas Energy743182840$64.51$3.62
Jan 2026Varas Energy18165285000$60.04$7.72
Dec 2025Varas Energy13143393110$57.97$4.26
Nov 2025Varas Energy13135605540$60.06$3.79
Oct 2025Varas Energy20169358550$60.89$3.19
Sep 2025Varas Energy26297346740$63.96$2.97
Aug 2025Varas Energy19216846340$64.86$2.91
Jul 2025Varas Energy19313563250$68.39$3.20
Jun 2025Varas Energy45976155670$68.17$3.02
May 2025Varas Energy1393473370$62.17$3.12
Apr 2025Varas Energy7976425650$63.54$3.42
Mar 2025Varas Energy402342000$68.24$4.12
Feb 2025Varas Energy302972480$71.53$4.19
Jan 2025Varas Energy10205154160$75.74$4.13
Dec 2024El Dorado1101113252840$70.12$3.01
Nov 2024El Dorado1541283072580$69.95$2.12
Oct 2024El Dorado2101844924210$71.99$2.20
Sep 2024El Dorado1631852732190$70.24$2.28
Aug 2024El Dorado1612271751460$76.68$1.99
Jul 2024El Dorado203111109900$81.80$2.07
Jun 2024El Dorado29471751450$79.77$2.54
May 2024El Dorado111621891600$80.02$2.12
Apr 2024El Dorado0294830$85.35$1.60
Mar 2024El Dorado5111541320$81.28$1.49
Feb 2024El Dorado00000$77.25$1.72
Jan 2024El Dorado1024200$74.15$3.18
Dec 2023El Dorado50711861520$71.90$2.52
Nov 2023El Dorado21503162560$77.69$2.71
Oct 2023El Dorado90862932420$85.64$2.98
Sep 2023El Dorado1611509027440$89.43$2.64
Aug 2023El Dorado1741232522110$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Varas Energy Operating Company, in McMullen County

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A.w.p. (Olmos) field

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