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 275497District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$409 k
at the published price for each month
Months reported
140
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
CondensateDisposition157,060 bbl$8,269,397
GasProduction1,750,550 Mcf$5,362,024
Total$13,631,421

Every month this lease reported (140)

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

140 months

May 20262983,845106.413.05$43,421
Apr 20263583,63798.932.87$45,854
Mar 20262283,77389.753.15$32,346
Feb 20262883,54763.503.75$31,590
Jan 20263763,90059.138.00$53,425
Dec 20253623,89356.664.41$37,692
Nov 20251853,70358.593.93$25,379
Oct 20252533,83659.383.30$27,701
Sep 20252553,74662.743.08$27,525
Aug 20252044,00063.933.01$25,101
Jul 20252244,05266.743.32$28,383
Jun 20252743,93266.483.13$30,518
May 20252494,01460.553.23$28,051
Apr 20253383,97462.363.54$35,158
Mar 20253594,22867.704.27$42,351
Feb 20253094,12570.884.34$39,808
Jan 20253974,77074.324.28$49,914
Dec 20244444,57868.993.12$44,921
Nov 20242644,79869.052.20$28,777
Oct 20243734,66371.372.28$37,259
Sep 20243264,78169.612.36$33,997
Aug 20243695,08775.632.06$38,405
Jul 20241593,97179.932.15$21,233
Jun 20243164,77478.082.63$37,248
May 20243595,52478.812.20$40,437
Apr 20244635,35284.451.66$47,980
Mar 20243384,70680.301.55$34,413
Feb 20244154,86976.091.78$40,262
Jan 20245415,37473.023.30$57,225
Dec 20234815,48371.262.61$48,591
Nov 20234105,35877.892.81$46,978
Oct 20234915,69485.443.09$59,530
Sep 20233704,78089.042.74$46,018
Aug 20233374,32280.522.67$38,687
Jul 20233665,38174.852.64$41,611
Jun 20233885,04668.962.26$38,153
May 20234235,55570.622.23$42,245
Apr 20233255,27578.122.24$37,193
Mar 20239715,17872.852.39$83,129
Feb 20232544,59975.112.47$30,418
Jan 20233005,29776.533.39$40,904
Dec 20221724,63176.415.73$39,674
Nov 20223875,44085.005.65$63,610
Oct 20225186,75087.185.86$84,740
Sep 20222714,41184.888.16$59,012
Aug 20223055,15394.529.13$75,861
Jul 20223756,438101.587.54$86,648
Jun 20224316,140115.097.98$98,584
May 20225076,818109.378.43$112,947
Apr 20224466,404104.226.84$90,270
Mar 20225816,236108.885.08$94,916
Feb 20225306,08091.054.86$77,798
Jan 20225866,90081.844.54$79,268
Dec 20215966,71771.323.90$68,697
Nov 20212616,70677.435.24$55,328
Oct 20215927,32779.795.71$89,101
Sep 20215387,35469.865.35$76,935
Aug 20214787,33766.024.22$62,524
Jul 20216617,91270.783.98$78,292
Jun 20215447,46269.493.38$63,029
May 20216438,12363.483.02$65,330
Apr 20215718,26860.362.76$57,272
Mar 20216048,62461.302.72$60,456
Feb 20213143,39757.805.55$36,996
Jan 20216008,01550.412.81$52,770
Dec 20201,0848,78244.642.68$71,886
Nov 2020708,58138.772.71$25,939
Oct 20206298,99336.972.48$45,543
Sep 20206378,89737.091.99$41,341
Aug 20205147,81339.982.39$39,185
Jul 20206099,03538.371.83$39,857
Jun 202080311,83434.901.69$48,028
May 2020765,40116.921.81$11,087
Apr 20207149,15014.751.80$27,042
Mar 20206669,69130.341.86$38,195
Feb 20206709,12649.881.98$51,495
Jan 20207459,70057.252.09$62,970
Dec 201975810,09059.012.30$67,981
Nov 201990510,13855.302.75$77,933
Oct 201968810,13253.472.42$61,292
Sep 20196759,83155.052.66$63,282
Aug 201970110,57653.112.30$61,601
Jul 201966310,64056.272.46$63,482
Jun 201984211,86352.782.49$73,994
May 201993110,85758.482.74$84,197
Apr 20197919,64962.632.75$76,082
Mar 201982411,06956.803.06$80,698
Feb 20196669,19250.852.79$59,532
Jan 201978210,38846.033.23$69,530
Dec 201890510,67146.594.19$86,827
Nov 20181,12510,32152.934.24$103,279
Oct 20181,16811,45761.443.40$110,694
Sep 201817012,01559.543.11$47,464
Aug 201894313,07859.403.07$96,119
Jul 201894513,58165.142.93$101,375
Jun 201882413,79360.183.08$92,028
May 20181,11514,67565.382.90$115,468
Apr 20181,13914,76163.842.90$115,532
Mar 20181,15915,78161.222.79$114,933
Feb 20181,06215,02961.782.77$107,182
Jan 20181,55618,43762.874.01$171,746
Dec 20171,22613,39957.272.92$109,358
Nov 20171,20414,21955.423.12$111,066
Oct 20171,34716,16149.292.98$114,613
Sep 201786713,82547.523.09$83,881
Aug 20171,19113,48145.373.00$94,538
Jul 20171,24715,54343.873.09$102,691
Jun 20171,41115,69742.493.09$108,414
May 20171,47316,52245.373.26$120,748
Apr 20171,37616,63547.933.21$119,377
Mar 20171,49317,66846.772.98$122,543
Feb 20171,52416,40550.452.95$125,323
Jan 20171,78419,08049.413.42$153,378
Dec 20161,72219,23948.763.72$155,588
Nov 20161,90619,18942.492.64$131,728
Oct 20161,90520,45046.193.09$151,188
Sep 20161,94320,49341.553.10$144,273
Aug 20161,99222,22041.442.92$147,527
Jul 20162,04323,19841.622.92$152,869
Jun 20162,18223,59945.352.69$162,337
May 20162,32524,79242.521.99$148,221
Apr 20162,38125,03336.561.99$136,891
Mar 20162,53826,85833.011.79$131,963
Feb 20162,54127,34426.472.06$123,688
Jan 20162,89829,47727.352.36$148,955
Dec 20152,91528,92132.362.00$152,212
Nov 20152,90429,77538.792.17$177,178
Oct 20153,28632,42943.552.43$221,797
Sep 20153,37031,35642.992.76$231,369
Aug 20153,27734,27540.162.87$230,059
Jul 20153,58136,36048.152.95$279,508
Jun 20153,24237,43656.152.88$289,961
May 20154,41740,17355.212.96$362,592
Apr 20154,42640,63749.822.71$330,490
Mar 20155,36946,08342.892.93$365,517
Feb 20154,66539,19644.662.98$324,994
Jan 20154,84041,70143.433.10$339,501
Dec 20146,78542,62254.693.59$524,143
Nov 20145,07242,67670.464.25$538,825
Oct 20141,88715,29378.303.90$207,409

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           298 bbl  × $106.41 =    $31,710
Gas                3,845 Mcf  × $  3.05 =    $11,711

────────────────────────────────────────────────────
Month total                                  $43,421

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/275497 is the state's own key, not one this site invented.