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 275506District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.7 M
Oct 2014 – May 2026
Value, last 12 filed months
$512 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
CondensateDisposition155,168 bbl$8,286,458
GasProduction1,752,332 Mcf$5,439,344
Total$13,725,803

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 20264344,232106.413.05$59,072
Apr 20264294,15698.932.87$54,368
Mar 20263564,07289.753.15$44,776
Feb 20262684,01863.503.75$32,087
Jan 20263594,21259.138.00$54,915
Dec 20253554,21056.664.41$38,695
Nov 20253224,28058.593.93$35,671
Oct 20253694,39859.383.30$36,446
Sep 20253434,42262.743.08$35,126
Aug 20253384,29563.933.01$34,557
Jul 20254425,35366.743.32$47,245
Jun 20253365,44266.483.13$39,364
May 20252874,17460.553.23$30,870
Apr 20254536,42362.363.54$51,007
Mar 20254004,85967.704.27$47,820
Feb 20253665,21970.884.34$48,597
Jan 20255445,66474.324.28$64,665
Dec 20244204,37968.993.12$42,644
Nov 20243864,25769.052.20$36,012
Oct 20244014,35971.372.28$38,564
Sep 20243423,95369.612.36$33,153
Aug 20243655,30475.632.06$38,550
Jul 20244046,08979.932.15$45,362
Jun 20243125,66478.082.63$39,280
May 20243926,00978.812.20$44,104
Apr 20244146,07684.451.66$45,044
Mar 20243494,65480.301.55$35,216
Feb 20244515,46476.091.78$44,062
Jan 20244175,24173.023.30$47,732
Dec 20235096,02971.262.61$52,011
Nov 20235086,08077.892.81$56,638
Oct 20234756,12985.443.09$59,506
Sep 20233546,37289.042.74$48,948
Aug 20238073,61780.522.67$74,647
Jul 20233508,97174.852.64$49,897
Jun 2023141868.962.26$1,006
May 2023892,88370.622.23$12,707
Apr 20232432,75378.122.24$25,144
Mar 20236265,91872.852.39$59,767
Feb 20232845,66475.112.47$35,297
Jan 20234376,56576.533.39$55,684
Dec 20223587,28776.415.73$69,103
Nov 20222817,33885.005.65$65,317
Oct 20225147,01487.185.86$85,939
Sep 20225176,45784.888.16$96,596
Aug 20224867,39494.529.13$113,423
Jul 20222965,395101.587.54$70,757
Jun 20225766,933115.097.98$121,598
May 20226377,038109.378.43$129,020
Apr 20224395,985104.226.84$86,676
Mar 20225156,271108.885.08$87,907
Feb 20224845,58691.054.86$71,210
Jan 20225526,66081.844.54$75,397
Dec 20214236,55571.323.90$55,727
Nov 20214266,38677.435.24$66,428
Oct 20214666,57679.795.71$74,757
Sep 20214716,54669.865.35$67,931
Aug 20216646,35366.024.22$70,651
Jul 20214735,64070.783.98$55,938
Jun 20214775,46469.493.38$51,618
May 20215396,66963.483.02$54,341
Apr 20215097,23760.362.76$50,686
Mar 20216108,36861.302.72$60,128
Feb 20214255,18357.805.55$53,320
Jan 20216037,75550.412.81$52,191
Dec 20201,0137,97844.642.68$66,565
Nov 20201977,68938.772.71$28,449
Oct 20205477,80236.972.48$39,559
Sep 20205938,35737.091.99$38,633
Aug 20205878,85939.982.39$44,598
Jul 20206428,95038.371.83$40,968
Jun 202068712,84034.901.69$45,680
May 2020431,80716.921.81$4,007
Apr 20206348,09614.751.80$23,960
Mar 20206999,08230.341.86$38,066
Feb 20207168,62049.881.98$52,787
Jan 20207809,92657.252.09$65,447
Dec 20196499,57259.012.30$60,355
Nov 20196867,54255.302.75$58,682
Oct 20196709,82353.472.42$59,582
Sep 20196899,42355.052.66$62,969
Aug 20196469,64253.112.30$56,528
Jul 201974010,96056.272.46$68,602
Jun 20196649,83852.782.49$59,554
May 201981210,61758.482.74$76,580
Apr 201972710,02062.632.75$73,094
Mar 201975311,33356.803.06$77,473
Feb 20197229,67750.852.79$63,734
Jan 201990112,29146.033.23$81,151
Dec 201892612,98146.594.19$97,474
Nov 201884611,46552.934.24$93,359
Oct 201876012,56761.443.40$89,398
Sep 201885114,54059.543.11$95,859
Aug 20181,21316,72559.403.07$123,340
Jul 201899513,11465.142.93$103,263
Jun 201885913,34960.183.08$92,768
May 20181,13813,78965.382.90$114,402
Apr 20181,07214,15563.842.90$109,497
Mar 201899914,83261.222.79$102,493
Feb 20181,30114,61661.782.77$120,805
Jan 20181,59418,49662.874.01$174,371
Dec 20171,29814,78957.272.92$117,543
Nov 20171,32813,79255.423.12$116,606
Oct 20171,19415,53649.292.98$105,207
Sep 201793313,75647.523.09$86,805
Aug 20171,19913,92645.373.00$96,238
Jul 20171,35915,50643.873.09$107,491
Jun 20171,43416,41942.493.09$111,621
May 20171,50117,50145.373.26$125,213
Apr 20171,49817,07147.933.21$126,624
Mar 20171,52417,92446.772.98$124,757
Feb 20171,52416,53450.452.95$125,704
Jan 20171,68418,67449.413.42$147,049
Dec 20161,77819,28348.763.72$158,483
Nov 20161,80119,20242.492.64$127,301
Oct 20161,88220,50946.193.09$150,308
Sep 20161,78820,63541.553.10$138,273
Aug 20161,91322,09741.442.92$143,894
Jul 20161,96323,16341.622.92$149,437
Jun 20162,11323,81545.352.69$159,788
May 20162,15123,96042.521.99$139,166
Apr 20162,22023,80436.561.99$128,558
Mar 20162,28125,14533.011.79$120,406
Feb 20162,32224,90026.472.06$112,848
Jan 20162,45127,68727.352.36$132,497
Dec 20152,56327,74332.362.00$138,464
Nov 20152,77828,36138.792.17$169,226
Oct 20152,79131,44843.552.43$197,859
Sep 20153,07631,46742.992.76$219,036
Aug 20153,24933,10740.162.87$225,579
Jul 20153,89135,44848.152.95$291,749
Jun 20153,65535,29956.152.88$306,990
May 20153,99738,42855.212.96$334,246
Apr 20154,12441,14349.822.71$316,814
Mar 20154,54342,96742.892.93$320,945
Feb 20154,49041,44744.662.98$323,878
Jan 20155,22343,54643.433.10$361,855
Dec 20146,21443,36454.693.59$495,579
Nov 20145,79243,88270.464.25$594,684
Oct 20141,80117,71478.303.90$210,120

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           434 bbl  × $106.41 =    $46,182
Gas                4,232 Mcf  × $  3.05 =    $12,890

────────────────────────────────────────────────────
Month total                                  $59,072

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/275506 is the state's own key, not one this site invented.