GATES 010 CHK-B TR 1

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268132District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$29.0 M
May 2012 – May 2026
Value, last 12 filed months
$275 k
at the published price for each month
Months reported
169
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
CondensateDisposition280,885 bbl$21,632,163
GasProduction2,143,004 Mcf$7,401,302
Total$29,033,465

Every month this lease reported (169)

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

169 months

May 20261911,859106.413.05$25,987
Apr 20262121,69898.932.87$25,846
Mar 20261752,03789.753.15$22,122
Feb 20262021,80063.503.75$19,578
Jan 20262562,24159.138.00$33,061
Dec 20252812,77456.664.41$28,164
Nov 20251842,71858.593.93$21,453
Oct 20252252,47059.383.30$21,523
Sep 20251422,27562.743.08$15,909
Aug 20252122,00463.933.01$19,595
Jul 20251791,23766.743.32$16,047
Jun 20252912,19066.483.13$26,198
May 20251271,25360.553.23$11,740
Apr 202521231362.363.54$14,329
Mar 202515928667.704.27$11,985
Feb 20251551,75670.884.34$18,609
Jan 20252272,19574.324.28$26,262
Dec 20242282,67168.993.12$24,067
Nov 20242322,72269.052.20$22,004
Oct 20242362,30471.372.28$22,100
Sep 20242622,61269.612.36$24,414
Aug 20241802,85675.632.06$19,507
Jul 20241933,06979.932.15$22,014
Jun 20242353,18278.082.63$26,730
May 20242313,69078.812.20$26,317
Apr 20242333,48384.451.66$25,456
Mar 20242333,08980.301.55$23,483
Feb 20242832,64176.091.78$26,244
Jan 20242192,20473.023.30$23,259
Dec 20233032,01371.262.61$26,847
Nov 20232532,12977.892.81$25,683
Oct 20233252,39885.443.09$35,171
Sep 20232322,87389.042.74$28,515
Aug 202315585280.522.67$14,758
Jul 20232602,61574.852.64$26,369
Jun 20231542,27468.962.26$15,756
May 20232862,61870.622.23$26,029
Apr 20233022,00778.122.24$28,083
Mar 20234262,18872.852.39$36,270
Feb 20233132,11175.112.47$28,714
Jan 20231762,16676.533.39$20,807
Dec 20221822,06676.415.73$25,743
Nov 20222692,17885.005.65$35,162
Oct 20222842,50987.185.86$39,471
Sep 20222232,95884.888.16$43,076
Aug 20222022,63494.529.13$43,134
Jul 20223743,049101.587.54$60,987
Jun 20223052,837115.097.98$57,734
May 20223912,816109.378.43$66,511
Apr 20223792,885104.226.84$59,226
Mar 20223412,947108.885.08$52,088
Feb 20223852,52691.054.86$47,328
Jan 20222391,92881.844.54$28,308
Dec 20213542,31771.323.90$34,282
Nov 20212162,60677.435.24$30,372
Oct 20213883,11579.795.71$48,757
Sep 20213853,32969.865.35$44,709
Aug 20214333,49666.024.22$43,342
Jul 20213803,83570.783.98$42,168
Jun 20214293,38769.493.38$41,261
May 20213714,28763.483.02$36,488
Apr 20213492,94260.362.76$29,181
Mar 20215834,77461.302.72$48,709
Feb 20214011,63157.805.55$32,227
Jan 20213432,96050.412.81$25,609
Dec 20204443,36044.642.68$28,810
Nov 20203683,66338.772.71$24,182
Oct 20205553,45236.972.48$29,074
Sep 20205346,35937.091.99$32,467
Aug 2020642139.982.39$2,609
Jul 20200038.371.83$0
Jun 202011034.901.69$384
May 20200016.921.81$0
Apr 20204642,83414.751.80$11,958
Mar 20204652,87030.341.86$19,435
Feb 20204332,40449.881.98$26,360
Jan 202035334057.252.09$20,921
Dec 201939351259.012.30$24,371
Nov 201926439155.302.75$15,675
Oct 201923728753.472.42$13,367
Sep 201935738755.052.66$20,681
Aug 201942477053.112.30$24,293
Jul 20193741,25056.272.46$24,120
Jun 201924830352.782.49$13,844
May 201938122158.482.74$22,886
Apr 20196893,05162.632.75$51,544
Mar 201989259956.803.06$52,500
Feb 20191,5943,74350.852.79$91,506
Jan 20190046.033.23$0
Dec 2018877046.594.19$3,596
Nov 20188484,68452.934.24$64,732
Oct 20189279,67261.443.40$89,821
Sep 20183685,63859.543.11$39,434
Aug 201817914059.403.07$11,062
Jul 20181,0638,57565.142.93$94,385
Jun 20188998,94560.183.08$81,625
May 20181,24912,22365.382.90$117,116
Apr 20181,07012,29063.842.90$103,960
Mar 20181,28212,44761.222.79$113,172
Feb 20181,07811,65061.782.77$98,824
Jan 20181,34112,04362.874.01$132,593
Dec 20171,47212,97057.272.92$122,194
Nov 20171,25613,55355.423.12$111,871
Oct 20171,80216,22849.292.98$137,240
Sep 201754712,98747.523.09$66,088
Aug 20175610445.373.00$2,853
Jul 20173612,96643.873.09$24,994
Jun 20171,23111,94442.493.09$89,180
May 20171,60613,11445.373.26$115,660
Apr 20171,09111,57347.933.21$89,459
Mar 20171,63713,65946.772.98$117,317
Feb 20171,46312,85150.452.95$111,752
Jan 20171,62713,20649.413.42$125,539
Dec 20161,60412,54348.763.72$124,907
Nov 20161,63212,70142.492.64$102,930
Oct 20161,98313,28146.193.09$132,637
Sep 20161,60312,78241.553.10$106,237
Aug 20161,27214,06841.442.92$93,851
Jul 20161,81113,09741.622.92$113,674
Jun 20161,61512,73945.352.69$107,455
May 20161,81813,57142.521.99$104,322
Apr 20161,97213,14036.561.99$98,259
Mar 20161,82814,21733.011.79$85,848
Feb 20161,82013,35826.472.06$75,741
Jan 20162,18214,57027.352.36$94,126
Dec 20152,38715,15232.362.00$107,569
Nov 20151,83515,26938.792.17$104,273
Oct 20152,36616,09043.552.43$142,083
Sep 20151,62714,79942.992.76$110,767
Aug 20152,55817,60340.162.87$153,294
Jul 20152,17417,72548.152.95$156,880
Jun 20152,37724,76156.152.88$204,851
May 20151,2823,49355.212.96$81,103
Apr 20152,00617,84249.822.71$148,230
Mar 20152,93319,52342.892.93$183,091
Feb 20152,53816,90544.662.98$163,660
Jan 20152,57819,41943.433.10$172,174
Dec 20143,08720,08154.693.59$240,946
Nov 20142,53719,91070.464.25$263,411
Oct 20142,48020,66478.303.90$274,793
Sep 20142,49023,18086.164.05$308,312
Aug 20144,09527,89789.394.04$478,620
Jul 20142,80822,98196.564.18$367,192
Jun 20143,74324,01298.164.74$481,155
May 20143,61325,48394.734.73$462,706
Apr 20141,97321,58495.944.81$293,090
Mar 20143,44526,81495.895.06$465,934
Feb 20143,26025,08897.406.19$472,869
Jan 20144,36831,20490.404.86$546,541
Dec 20133,99735,47991.824.35$521,497
Nov 20133,63733,13088.853.74$446,997
Oct 20135,23339,09097.423.78$657,534
Sep 20134,10240,512104.113.72$577,672
Aug 20135,35945,197104.253.52$717,887
Jul 20136,93452,483102.523.72$905,992
Jun 20131,97327,39694.403.93$294,011
May 20135,75248,61094.834.15$747,149
Apr 20136,62156,00393.964.28$861,947
Mar 20137,72263,18193.623.91$970,153
Feb 20137,77659,08691.233.42$911,473
Jan 201310,35372,50791.603.42$1,196,302
Dec 20129,38367,97386.773.42$1,046,641
Nov 20129,52463,15686.953.62$1,057,050
Oct 201210,41961,77289.383.40$1,141,255
Sep 201211,23279,82194.672.92$1,296,283
Aug 20128,59056,18392.662.91$959,339
Jul 20128,36447,48085.133.02$855,455
Jun 201212,78181,05279.822.52$1,224,353
May 20123,84232,41391.612.49$432,620

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           191 bbl  × $106.41 =    $20,324
Gas                1,859 Mcf  × $  3.05 =     $5,662

────────────────────────────────────────────────────
Month total                                  $25,987

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/268132 is the state's own key, not one this site invented.