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 275503District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.4 M
Oct 2014 – May 2026
Value, last 12 filed months
$448 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
CondensateDisposition166,662 bbl$8,722,518
GasProduction1,837,728 Mcf$5,630,432
Total$14,352,950

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 20262593,725106.413.05$38,906
Apr 20263493,59198.932.87$44,832
Mar 20262293,63489.753.15$31,998
Feb 20262793,37963.503.75$30,389
Jan 20263843,86459.138.00$53,610
Dec 20253873,93456.664.41$39,290
Nov 20252083,83358.593.93$27,237
Oct 20253094,12159.383.30$31,968
Sep 20253773,86362.743.08$35,539
Aug 20253334,31963.933.01$34,309
Jul 20253724,42966.743.32$39,510
Jun 20254114,29766.483.13$40,767
May 20252824,53260.553.23$31,724
Apr 20253374,38162.363.54$36,538
Mar 20253114,28367.704.27$39,336
Feb 20252643,71070.884.34$34,817
Jan 20253334,62474.324.28$44,533
Dec 20243904,70768.993.12$41,598
Nov 20242314,63769.052.20$26,145
Oct 20243514,59771.372.28$35,538
Sep 20242764,51069.612.36$29,876
Aug 20243424,90875.632.06$35,994
Jul 20241833,79279.932.15$22,767
Jun 20243114,95378.082.63$37,329
May 20242654,77578.812.20$31,382
Apr 20244065,05784.451.66$42,677
Mar 20243414,62880.301.55$34,533
Feb 20243784,68776.091.78$37,122
Jan 20244815,14973.023.30$52,102
Dec 20234385,42071.262.61$45,362
Nov 20233855,32677.892.81$44,941
Oct 20234535,67385.443.09$56,218
Sep 20233315,50189.042.74$44,518
Aug 20231852,58080.522.67$21,792
Jul 20233365,14174.852.64$38,731
Jun 20233494,71968.962.26$34,725
May 20234245,14170.622.23$41,394
Apr 20233104,84878.122.24$35,066
Mar 20239495,02572.852.39$81,160
Feb 20232524,47875.112.47$29,969
Jan 20232994,67376.533.39$38,713
Dec 20221905,42676.415.73$45,604
Nov 20223675,49985.005.65$62,243
Oct 20225186,00687.185.86$80,377
Sep 20224546,27184.888.16$89,730
Aug 20224136,12494.529.13$94,931
Jul 20223686,252101.587.54$84,535
Jun 20224995,988115.097.98$105,197
May 20225266,487109.378.43$112,234
Apr 20224756,347104.226.84$92,903
Mar 20225986,549108.885.08$98,356
Feb 20225426,04391.054.86$78,711
Jan 20226366,91881.844.54$83,442
Dec 20216177,17371.323.90$71,973
Nov 20212456,03877.435.24$50,590
Oct 20215846,96679.795.71$86,400
Sep 20215296,96269.865.35$74,209
Aug 20215537,52366.024.22$68,261
Jul 20216437,61470.783.98$75,831
Jun 20215227,64869.493.38$62,129
May 20215397,46463.483.02$56,740
Apr 20214457,03060.362.76$46,252
Mar 20217807,54261.302.72$68,305
Feb 20215237,22057.805.55$70,286
Jan 20215938,04650.412.81$52,505
Dec 20201,0068,49644.642.68$67,639
Nov 2020627,95538.772.71$23,935
Oct 20205488,74236.972.48$41,926
Sep 20206039,52937.091.99$41,338
Aug 202066910,51939.982.39$51,835
Jul 20206569,92738.371.83$43,289
Jun 202077812,75134.901.69$48,705
May 2020542,73716.921.81$5,881
Apr 20207139,65314.751.80$27,934
Mar 202067110,23830.341.86$39,362
Feb 20206739,53949.881.98$52,463
Jan 202073810,11157.252.09$63,430
Dec 201974510,57959.012.30$68,340
Nov 201987510,54055.302.75$77,380
Oct 201969111,15753.472.42$63,931
Sep 201969511,19255.052.66$68,000
Aug 201974912,13753.112.30$67,747
Jul 201977312,65756.272.46$74,634
Jun 201984512,53452.782.49$75,824
May 20191,03612,43558.482.74$94,661
Apr 201986211,68662.632.75$86,132
Mar 201989611,33156.803.06$85,589
Feb 201990310,56950.852.79$75,429
Jan 201996111,15546.033.23$80,245
Dec 20181,13611,29946.594.19$100,218
Nov 20181,34811,04452.934.24$118,146
Oct 20181,34511,81661.443.40$122,789
Sep 201819112,07259.543.11$48,892
Aug 20181,05112,75659.403.07$101,546
Jul 20181,10313,71965.142.93$112,072
Jun 201894613,29460.183.08$97,835
May 20181,20713,49765.382.90$118,066
Apr 20181,20713,38363.842.90$115,876
Mar 20181,21614,25561.222.79$114,170
Feb 20181,07713,23361.782.77$103,141
Jan 20181,44915,20162.874.01$152,044
Dec 20171,30814,35057.272.92$116,833
Nov 20171,28815,24955.423.12$118,933
Oct 20171,39616,74049.292.98$118,756
Sep 201792314,95747.523.09$90,037
Aug 20171,34015,10145.373.00$106,165
Jul 20171,38016,97643.873.09$112,950
Jun 20171,52416,81642.493.09$116,670
May 20171,59717,75645.373.26$130,401
Apr 20171,49417,87147.933.21$129,002
Mar 20171,62118,88346.772.98$132,155
Feb 20171,65617,39750.452.95$134,912
Jan 20171,92420,08949.413.42$163,745
Dec 20161,84820,27248.763.72$165,578
Nov 20162,04520,26042.492.64$140,467
Oct 20162,04721,55046.193.09$161,146
Sep 20162,07521,51041.553.10$152,911
Aug 20162,13323,38541.442.92$156,777
Jul 20162,18924,36441.622.92$162,355
Jun 20162,28724,31545.352.69$169,021
May 20162,48326,67442.521.99$158,686
Apr 20162,53326,65836.561.99$145,684
Mar 20162,71328,56333.011.79$140,798
Feb 20162,73128,94726.472.06$132,025
Jan 20163,21130,99127.352.36$161,095
Dec 20153,34531,55032.362.00$171,389
Nov 20153,28732,69038.792.17$198,353
Oct 20153,54535,45843.552.43$240,426
Sep 20153,65634,31042.992.76$251,813
Aug 20153,53537,16440.162.87$248,719
Jul 20153,81339,56648.152.95$300,121
Jun 20153,38440,40456.152.88$306,491
May 20154,55643,62455.212.96$380,465
Apr 20154,56743,89449.822.71$346,330
Mar 20155,42646,95542.892.93$370,520
Feb 20154,99144,01444.662.98$353,892
Jan 20155,46150,66543.433.10$394,265
Dec 20147,33549,06454.693.59$577,358
Nov 20145,66047,75570.464.25$601,850
Oct 20141,62812,62378.303.90$176,714

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           259 bbl  × $106.41 =    $27,560
Gas                3,725 Mcf  × $  3.05 =    $11,346

────────────────────────────────────────────────────
Month total                                  $38,906

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/275503 is the state's own key, not one this site invented.