FAITH-SAN PEDRO

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 268632District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Jul 2012 – May 2026
Value, last 12 filed months
$710
at the published price for each month
Months reported
167
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

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 Gas112013-10-21211561
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
CondensateDisposition108,723 bbl$8,217,184
GasProduction506,420 Mcf$1,831,288
Total$10,048,472

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 28.2633, -100.0111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26327, -100.01114 · 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
6,397 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 6,397 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-12734271G 2H6,397 ftMar 2012

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 (167)

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

167 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260159.138.00$8
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250562.743.08$15
Aug 202502563.933.01$75
Jul 2025010966.743.32$361
Jun 202508066.483.13$250
May 20250860.553.23$26
Apr 202501562.363.54$53
Mar 2025053767.704.27$2,292
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024021269.612.36$501
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20249078.812.20$709
Apr 20245084.451.66$422
Mar 20243080.301.55$241
Feb 2024104076.091.78$7,913
Jan 20242753,26373.023.30$30,841
Dec 20233103,49371.262.61$31,210
Nov 20232833,18977.892.81$30,996
Oct 20232843,37685.443.09$34,688
Sep 20232293,53289.042.74$30,050
Aug 20232753,73080.522.67$32,113
Jul 20232464,18974.852.64$29,480
Jun 20231971,96968.962.26$18,032
May 20232673,20870.622.23$26,001
Apr 20232913,53478.122.24$30,641
Mar 20233293,86272.852.39$33,210
Feb 20232963,00375.112.47$29,637
Jan 20232903,26476.533.39$33,251
Dec 20222603,37876.415.73$39,219
Nov 20222882,89985.005.65$40,848
Oct 20223184,30487.185.86$52,961
Sep 20223204,17984.888.16$61,278
Aug 20223634,90494.529.13$79,070
Jul 20222585,301101.587.54$66,188
Jun 20222004,650115.097.98$60,112
May 20222495,784109.378.43$76,010
Apr 20223605,476104.226.84$74,962
Mar 20223354,256108.885.08$58,080
Feb 20223333,73891.054.86$48,482
Jan 20224443,97681.844.54$54,379
Dec 20213371,37071.323.90$29,377
Nov 20212942,20577.435.24$34,312
Oct 20213483,64279.795.71$48,577
Sep 20214493,71869.865.35$51,262
Aug 20214933,88166.024.22$48,928
Jul 20213183,94470.783.98$38,213
Jun 20213913,48369.493.38$38,945
May 20214264,28563.483.02$39,973
Apr 20215323,98860.362.76$43,112
Mar 20215813,95161.302.72$46,350
Feb 20213372,93657.805.55$35,767
Jan 20215673,58750.412.81$38,663
Dec 20204283,15844.642.68$27,555
Nov 20204483,47238.772.71$26,766
Oct 20204493,82636.972.48$26,082
Sep 20204663,32137.091.99$23,896
Aug 20204953,15939.982.39$27,325
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20202016.921.81$34
Apr 20205223,66214.751.80$14,307
Mar 20205353,01530.341.86$21,828
Feb 20206222,95749.881.98$36,882
Jan 20206432,97757.252.09$43,048
Dec 20196933,53859.012.30$49,047
Nov 20197333,45555.302.75$50,039
Oct 20197253,54853.472.42$47,347
Sep 20191,0213,89255.052.66$66,548
Aug 20191,1083,74353.112.30$67,471
Jul 20191,1093,37656.272.46$70,709
Jun 20199414,12052.782.49$59,930
May 20196463,31858.482.74$46,870
Apr 20191,1154,75962.632.75$82,923
Mar 20196633,69156.803.06$48,961
Feb 201913681950.852.79$9,202
Jan 2019021246.033.23$684
Dec 201816382546.594.19$11,047
Nov 20181,2726,13952.934.24$93,339
Oct 20181,3247,98861.443.40$108,490
Sep 20187981,05259.543.11$50,783
Aug 20181,1703,41559.403.07$79,970
Jul 20181,1112,84465.142.93$80,709
Jun 20181,2093,76460.183.08$84,339
May 20182,1572,64065.382.90$148,683
Apr 20187520163.842.90$5,371
Mar 20180061.222.79$0
Feb 20187061.782.77$432
Jan 20181,6104,38762.874.01$118,810
Dec 20171,5644,94657.272.92$104,020
Nov 20171,4694,80955.423.12$96,408
Oct 20171,9565,08749.292.98$111,589
Sep 20172,0155,47547.523.09$112,656
Aug 20171,6894,50445.373.00$90,162
Jul 20171,6154,37243.873.09$84,348
Jun 20178174,34142.493.09$48,116
May 20173589345.373.26$4,502
Apr 2017496147.933.21$2,544
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016113046.193.09$5,219
Sep 20160041.553.10$0
Aug 201688041.442.92$3,647
Jul 2016133441.622.92$5,547
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20151032.362.00$32
Nov 20153927038.792.17$2,098
Oct 20155451,19443.552.43$26,632
Sep 20154421,05842.992.76$21,920
Aug 20156731,17540.162.87$30,403
Jul 20155921,58848.152.95$33,182
Jun 201567094956.152.88$40,356
May 201512485555.212.96$9,373
Apr 2015029049.822.71$785
Mar 201509742.892.93$285
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20143054.693.59$164
Nov 20141314870.464.25$9,434
Oct 20141,06294078.303.90$86,822
Sep 201447098886.164.05$44,492
Aug 201443372389.394.04$41,623
Jul 201441695396.564.18$44,152
Jun 20147721998.164.74$8,596
May 201412894.734.73$227
Apr 20140095.944.81$0
Mar 201436563095.895.06$38,186
Feb 2014182097.406.19$17,727
Jan 20140090.404.86$0
Dec 201302891.824.35$122
Nov 20130088.853.74$0
Oct 201303797.423.78$140
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20132,1839,439102.523.72$258,893
Jun 20132,91711,93294.403.93$322,298
May 20132,98313,12994.834.15$337,351
Apr 20133,49916,86193.964.28$400,975
Mar 20135,15220,61393.623.91$562,986
Feb 20133,10010,27491.233.42$317,949
Jan 20133921,58791.603.42$41,335
Dec 20124,54018,14686.773.42$455,998
Nov 20124,86916,86786.953.62$484,502
Oct 20124,38616,14189.383.40$446,895
Sep 20125,01720,94794.672.92$536,091
Aug 20126,69129,60992.662.91$706,096
Jul 20128,33534,60085.133.02$814,078

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    1 Mcf  × $  8.00 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/268632 is the state's own key, not one this site invented.