GATES 010 CHK-A TR3

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 275438District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$35.5 M
Sep 2014 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
141
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
CondensateDisposition407,059 bbl$21,468,598
GasProduction4,428,879 Mcf$14,067,720
Total$35,536,318

Every month this lease reported (141)

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

141 months

May 202673611,833106.413.05$114,359
Apr 202683710,71898.932.87$113,562
Mar 20261,01511,81589.753.15$128,307
Feb 202691411,85163.503.75$102,484
Jan 20261,03312,77659.138.00$163,263
Dec 202596312,90356.664.41$111,509
Nov 202583911,08858.593.93$92,693
Oct 20251,29317,12359.383.30$133,367
Sep 20258242,45062.743.08$59,236
Aug 20256904,82763.933.01$58,664
Jul 202561211,06166.743.32$77,514
Jun 20255066.483.13$332
May 20257060.553.23$424
Apr 20250062.363.54$0
Mar 202543967.704.27$437
Feb 20251817770.884.34$2,044
Jan 202536810,77874.324.28$73,465
Dec 202442011,18768.993.12$63,895
Nov 202452410,52469.052.20$59,319
Oct 20241,08310,59371.372.28$101,461
Sep 20244149,98469.612.36$52,424
Aug 20246115,92975.632.06$58,445
Jul 20246460079.932.15$6,403
Jun 202409378.082.63$245
May 202414078.812.20$1,103
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20241,42516,68176.091.78$138,181
Jan 20241,54920,74373.023.30$181,511
Dec 20231,49219,57771.262.61$157,430
Nov 20231,37318,81677.892.81$159,770
Oct 20231,55818,96685.443.09$191,669
Sep 20231,22017,48089.042.74$156,437
Aug 20231,09418,17180.522.67$136,658
Jul 20231,18618,52574.852.64$137,711
Jun 202359416,82368.962.26$78,957
May 20231,12720,63870.622.23$125,558
Apr 202389314,86378.122.24$103,021
Mar 20231,96221,19272.852.39$193,648
Feb 20231,42420,16575.112.47$156,677
Jan 20231,24120,39576.533.39$164,066
Dec 202298822,34776.415.73$203,521
Nov 20221,36021,89985.005.65$239,246
Oct 20221,60224,60087.185.86$283,911
Sep 20221,42024,70284.888.16$322,189
Aug 20221,48825,33794.529.13$371,901
Jul 20221,36824,615101.587.54$324,610
Jun 20221,45624,989115.097.98$366,913
May 20221,64426,125109.378.43$400,117
Apr 20221,62225,084104.226.84$340,559
Mar 20221,78426,023108.885.08$326,345
Feb 20221,82624,53691.054.86$285,474
Jan 20221,73524,23381.844.54$251,954
Dec 20211,54424,31971.323.90$204,941
Nov 202157022,48577.435.24$161,886
Oct 202174318,06279.795.71$162,488
Sep 202198816,14069.865.35$155,386
Aug 20211,02522,99666.024.22$164,727
Jul 2021135,60570.783.98$23,240
Jun 20216199369.493.38$7,596
May 20214468,16963.483.02$52,963
Apr 202177612,43460.362.76$81,138
Mar 20211,12118,35461.302.72$118,584
Feb 202145211,35057.805.55$89,095
Jan 202195515,84550.412.81$92,670
Dec 20201,52318,40544.642.68$117,229
Nov 202077018,96338.772.71$81,178
Oct 20201,35721,12536.972.48$102,525
Sep 20201,23421,85737.091.99$89,287
Aug 20201,33022,99339.982.39$108,014
Jul 20201,28722,74838.371.83$90,900
Jun 20201,47424,76434.901.69$93,301
May 20201,63535,42016.921.81$91,943
Apr 20201,49224,27114.751.80$65,801
Mar 20201,60824,83430.341.86$94,884
Feb 20201,50723,74149.881.98$122,192
Jan 20201,71525,75757.252.09$152,138
Dec 20191,63226,63159.012.30$157,672
Nov 20191,75326,54555.302.75$169,958
Oct 20191,71927,82953.472.42$159,220
Sep 20191,77728,16555.052.66$172,666
Aug 20191,73027,42353.112.30$155,073
Jul 20191,87828,00156.272.46$174,559
Jun 20191,78827,61952.782.49$163,175
May 20191,89328,63958.482.74$189,183
Apr 20192,06728,92362.632.75$209,015
Mar 20192,13130,57156.803.06$214,652
Feb 20191,89228,51050.852.79$175,814
Jan 20192,47431,99446.033.23$217,161
Dec 20182,61833,54346.594.19$262,365
Nov 20182,49432,03452.934.24$267,743
Oct 20182,37932,74161.443.40$257,422
Sep 20182,35135,18259.543.11$249,324
Aug 20181,32426,14559.403.07$158,821
Jul 20182,50132,82865.142.93$259,163
Jun 20182,18733,17060.183.08$233,675
May 20182,73335,49665.382.90$281,650
Apr 20182,74235,54963.842.90$278,170
Mar 20182,96238,17861.222.79$287,730
Feb 20182,90737,25961.782.77$282,657
Jan 20183,30641,31662.874.01$373,497
Dec 20173,36440,02557.272.92$309,590
Nov 20173,49540,13455.423.12$318,845
Oct 20173,22442,20549.292.98$284,837
Sep 20172,82937,99547.523.09$251,735
Aug 20173,59644,75445.373.00$297,609
Jul 20173,69846,16743.873.09$304,762
Jun 20173,86546,05642.493.09$306,412
May 20174,15048,84445.373.26$347,683
Apr 20174,27848,40247.933.21$360,492
Mar 20174,56351,29446.772.98$366,456
Feb 20174,26448,68350.452.95$358,860
Jan 20175,17353,92349.413.42$439,950
Dec 20165,48355,75848.763.72$474,929
Nov 20165,30254,79242.492.64$370,171
Oct 20164,28046,64846.193.09$341,848
Sep 20165,52658,41141.553.10$410,716
Aug 20166,09762,38341.442.92$435,089
Jul 20166,23164,33641.622.92$447,475
Jun 20166,35965,00045.352.69$462,960
May 20166,46263,55342.521.99$401,301
Apr 20166,73663,03536.561.99$371,773
Mar 20167,24566,61533.011.79$358,665
Feb 20167,32966,57826.472.06$331,391
Jan 20167,86068,88027.352.36$377,828
Dec 20158,38471,29832.362.00$414,003
Nov 20158,35071,35938.792.17$478,555
Oct 20158,79274,21243.552.43$562,973
Sep 20159,05574,22842.992.76$594,026
Aug 20159,49276,07940.162.87$599,735
Jul 201510,22278,66748.152.95$723,870
Jun 201510,09977,94356.152.88$791,758
May 201510,58280,60155.212.96$822,444
Apr 201510,87979,56049.822.71$757,326
Mar 201511,62783,11242.892.93$742,592
Feb 201510,57874,82044.662.98$695,092
Jan 201511,78584,14043.433.10$772,710
Dec 201412,58387,61154.693.59$1,002,807
Nov 201410,68372,04570.464.25$1,059,048
Oct 201410,59377,93078.303.90$1,133,434
Sep 20143,36329,00886.164.05$407,106

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           736 bbl  × $106.41 =    $78,318
Gas               11,833 Mcf  × $  3.05 =    $36,041

────────────────────────────────────────────────────
Month total                                 $114,359

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/275438 is the state's own key, not one this site invented.