GATES 010 CHK-B 1286

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 274087District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.1 M
May 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
145
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
CondensateDisposition155,189 bbl$8,943,958
GasProduction1,662,050 Mcf$5,186,428
Total$14,130,386

Every month this lease reported (145)

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

145 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
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 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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202001838.371.83$33
Jun 20201191034.901.69$4,170
May 20200016.921.81$0
Apr 20204319,03014.751.80$22,651
Mar 202055810,77630.341.86$36,932
Feb 20206499,24249.881.98$50,677
Jan 20206589,84557.252.09$58,293
Dec 20196279,88459.012.30$59,776
Nov 201971610,23955.302.75$67,759
Oct 201967311,04953.472.42$62,708
Sep 201966711,07555.052.66$66,148
Aug 201968512,08153.112.30$64,219
Jul 201982612,69856.272.46$77,717
Jun 201976612,50652.782.49$71,584
May 201982711,40858.482.74$79,625
Apr 201968210,35962.632.75$71,208
Mar 201972210,34556.803.06$72,687
Feb 201989512,10650.852.79$79,313
Jan 201993211,38346.033.23$79,646
Dec 201895013,57646.594.19$101,082
Nov 20189549,93152.934.24$92,575
Oct 201862710,32061.443.40$73,591
Sep 201859310,07859.543.11$66,630
Aug 201878411,01759.403.07$80,354
Jul 201886011,20265.142.93$88,863
Jun 201867911,18360.183.08$75,271
May 201887012,15965.382.90$92,151
Apr 201892912,32663.842.90$95,063
Mar 201899213,16661.222.79$97,422
Feb 201896312,19261.782.77$93,219
Jan 20181,16312,91262.874.01$124,886
Dec 20171,26413,91457.272.92$113,039
Nov 20171,35313,98355.423.12$118,587
Oct 201782513,63049.292.98$81,332
Sep 20171,03114,85047.523.09$94,839
Aug 20171,03515,18145.373.00$92,568
Jul 20171,07714,72843.873.09$92,717
Jun 20171,29017,84142.493.09$109,892
May 20171,48418,75745.373.26$128,541
Apr 20171,42518,02247.933.21$126,180
Mar 20171,51819,04646.772.98$127,824
Feb 20171,45717,76050.452.95$125,944
Jan 20171,64220,34249.413.42$150,676
Dec 20161,72021,26948.763.72$163,048
Nov 20161,60921,50742.492.64$125,238
Oct 20161,97623,02246.193.09$162,415
Sep 20161,65622,75341.553.10$139,355
Aug 20161,93824,73141.442.92$152,633
Jul 20161,97425,47141.622.92$156,644
Jun 20162,13325,48545.352.69$165,180
May 20162,24127,45142.521.99$149,943
Apr 20162,35126,99036.561.99$139,691
Mar 20162,74328,97633.011.79$142,530
Feb 20162,70727,99426.472.06$129,424
Jan 20163,26131,05127.352.36$162,604
Dec 20153,12531,86032.362.00$164,890
Nov 20153,08231,69238.792.17$188,238
Oct 20153,15134,06643.552.43$219,890
Sep 20153,17134,37342.992.76$231,136
Aug 20153,38436,69040.162.87$241,293
Jul 20153,40537,35048.152.95$273,949
Jun 20153,87038,33956.152.88$327,826
May 20154,09141,10355.212.96$347,342
Apr 20153,96341,29449.822.71$309,202
Mar 20154,66042,95242.892.93$325,919
Feb 20154,43839,68744.662.98$316,317
Jan 20155,09944,86743.433.10$360,566
Dec 20145,32946,77054.693.59$459,411
Nov 20146,16551,02470.464.25$651,332
Oct 20142,81923,21378.303.90$311,281
Sep 20145,54649,36486.164.05$677,542
Aug 20146,45053,96889.394.04$794,333
Jul 20146,75856,35696.564.18$888,098
Jun 20147,14257,32998.164.74$972,619
May 20146,03450,88394.734.73$812,102

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.

Jul 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.37 =         $0
Gas                   18 Mcf  × $  1.83 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/274087 is the state's own key, not one this site invented.