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 275508District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$491 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
CondensateDisposition195,115 bbl$10,297,606
GasProduction2,324,515 Mcf$7,318,364
Total$17,615,970

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 20262504,212106.413.05$39,432
Apr 20262884,09798.932.87$40,249
Mar 20263424,19789.753.15$43,913
Feb 20263493,79163.503.75$36,379
Jan 20263544,10159.138.00$53,731
Dec 20253924,47956.664.41$41,978
Nov 20253714,29958.593.93$38,617
Oct 20254364,32859.383.30$40,193
Sep 20253384,15162.743.08$33,978
Aug 20253514,27463.933.01$35,325
Jul 20254454,54266.743.32$44,757
Jun 20254314,47266.483.13$42,645
May 20253664,59960.553.23$37,027
Apr 20253554,88962.363.54$39,460
Mar 20253593,88167.704.27$40,870
Feb 20253193,99070.884.34$39,931
Jan 20253944,06874.324.28$46,688
Dec 20244094,13668.993.12$41,127
Nov 20243824,02769.052.20$35,230
Oct 20244004,15371.372.28$38,023
Sep 20243484,15469.612.36$34,046
Aug 20243483,99775.632.06$34,568
Jul 20243563,66979.932.15$36,331
Jun 20242643,59778.082.63$30,088
May 20243823,76978.812.20$38,391
Apr 20244503,64284.451.66$44,045
Mar 20243222,78880.301.55$30,164
Feb 20243083,41676.091.78$29,529
Jan 20241963,45973.023.30$25,719
Dec 20232953,46071.262.61$30,055
Nov 20233614,02677.892.81$39,422
Oct 20232243,45785.443.09$29,811
Sep 20231793,33489.042.74$25,057
Aug 20231571,83080.522.67$17,533
Jul 20231602,30774.852.64$18,071
Jun 202312968.962.26$134
May 2023205370.622.23$1,530
Apr 20235335,09678.122.24$53,042
Mar 20231,18211,06972.852.39$112,599
Feb 202352610,16575.112.47$64,572
Jan 202374111,17676.533.39$94,570
Dec 202258112,29976.415.73$114,856
Nov 202243611,49485.005.65$101,957
Oct 202282111,35287.185.86$138,140
Sep 202291511,13084.888.16$168,527
Aug 202262510,55694.529.13$155,421
Jul 20226708,476101.587.54$131,985
Jun 202272210,331115.097.98$165,507
May 202288812,253109.378.43$200,451
Apr 202264610,945104.226.84$142,164
Mar 202279110,670108.885.08$140,289
Feb 20227899,76791.054.86$119,295
Jan 20221,03912,39081.844.54$141,254
Dec 202175312,01271.323.90$100,540
Nov 202171711,57577.435.24$116,134
Oct 202179712,34779.795.71$134,142
Sep 202175711,79869.865.35$116,014
Aug 202199912,42266.024.22$118,382
Jul 202170413,39170.783.98$103,153
Jun 202182912,92769.493.38$101,308
May 202191812,62063.483.02$96,358
Apr 202185412,64460.362.76$86,425
Mar 20211,09713,61861.302.72$104,245
Feb 202193413,34357.805.55$128,012
Jan 202198514,46750.412.81$90,310
Dec 20201,60714,12844.642.68$109,535
Nov 202032715,18838.772.71$53,785
Oct 202084013,34136.972.48$64,120
Sep 202097214,47137.091.99$64,864
Aug 202089315,33739.982.39$72,282
Jul 20201,11016,69838.371.83$73,067
Jun 20201,18522,13634.901.69$78,773
May 2020863,18316.921.81$7,231
Apr 20201,05715,44814.751.80$43,465
Mar 20201,08715,73030.341.86$62,178
Feb 20201,02914,02949.881.98$79,113
Jan 20201,09215,80557.252.09$95,624
Dec 20191,13117,03059.012.30$105,984
Nov 20191,28716,22055.302.75$115,787
Oct 20191,04416,39053.472.42$95,463
Sep 20191,15716,30755.052.66$107,025
Aug 20191,12217,49253.112.30$99,897
Jul 20191,11717,21656.272.46$105,206
Jun 20191,14317,19752.782.49$103,169
May 20191,36818,42858.482.74$130,499
Apr 20191,26418,16462.632.75$129,128
Mar 20191,04518,32556.803.06$115,469
Feb 20191,21517,83450.852.79$111,579
Jan 20191,28419,15746.033.23$120,945
Dec 20181,51821,83646.594.19$162,117
Nov 20181,46520,83452.934.24$165,821
Oct 20181,17122,01961.443.40$146,769
Sep 20181,13722,48159.543.11$137,568
Aug 20181,48523,62059.403.07$160,641
Jul 20181,51824,43765.142.93$170,529
Jun 20181,28824,82660.183.08$153,899
May 20181,81327,96865.382.90$199,664
Apr 20181,40926,10263.842.90$165,667
Mar 201879210,88861.222.79$78,829
Feb 20181,71619,82161.782.77$160,842
Jan 20181,88722,81162.874.01$210,092
Dec 20171,73922,10557.272.92$164,173
Nov 20171,84222,00555.423.12$170,703
Oct 20171,62924,49749.292.98$153,385
Sep 20171,26721,51647.523.09$126,634
Aug 20171,66522,12745.373.00$142,019
Jul 20171,85423,92643.873.09$155,201
Jun 20171,89425,00242.493.09$157,664
May 20171,97726,64145.373.26$176,637
Apr 20172,00626,75347.933.21$182,068
Mar 20171,99428,30046.772.98$177,698
Feb 20171,98525,96850.452.95$176,816
Jan 20172,05429,44149.413.42$202,141
Dec 20162,37230,41248.763.72$228,877
Nov 20162,29430,04542.492.64$176,922
Oct 20162,57432,09846.193.09$218,084
Sep 20162,40729,01541.553.10$189,976
Aug 20162,55430,67441.442.92$195,539
Jul 20162,63631,87741.622.92$202,930
Jun 20162,77132,36645.352.69$212,594
May 20162,85132,97442.521.99$186,877
Apr 20162,93931,98836.561.99$171,139
Mar 20162,92932,38833.011.79$154,791
Feb 20162,96630,65626.472.06$141,773
Jan 20163,85531,51227.352.36$179,940
Dec 20153,38132,35432.362.00$174,163
Nov 20153,36631,39338.792.17$198,606
Oct 20154,37734,90843.552.43$275,325
Sep 20153,76534,84442.992.76$257,972
Aug 20153,89136,05440.162.87$259,827
Jul 20154,50037,32548.152.95$326,600
Jun 20154,22237,19256.152.88$344,285
May 20154,49539,69755.212.96$365,491
Apr 20154,54241,56849.822.71$338,789
Mar 20154,70240,14242.892.93$319,474
Feb 20154,48238,40244.662.98$314,458
Jan 20155,11841,31343.433.10$350,371
Dec 20145,91339,74754.693.59$466,128
Nov 20145,19439,67070.464.25$534,640
Oct 20141,50114,71778.303.90$174,939

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           250 bbl  × $106.41 =    $26,603
Gas                4,212 Mcf  × $  3.05 =    $12,829

────────────────────────────────────────────────────
Month total                                  $39,432

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/275508 is the state's own key, not one this site invented.