FAITH-SANDY

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 275860District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.3 M
Mar 2013 – May 2026
Value, last 12 filed months
$559 k
at the published price for each month
Months reported
159
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112015-03-30214363
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition127,824 bbl$9,567,925
GasProduction1,098,667 Mcf$3,777,868
Total$13,345,793

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.2101, -100.1035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21006, -100.10350 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,042 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,042 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-12734543A 4H6,042 ftMar 2013

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (159)

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

159 months

May 20264135,970106.413.05$62,131
Apr 20263725,41498.932.87$52,339
Mar 20265496,34289.753.15$69,247
Feb 20263775,55763.503.75$44,780
Jan 20265615,13659.138.00$74,249
Dec 20253794,07856.664.41$39,472
Nov 20253724,42458.593.93$39,166
Oct 20253774,24359.383.30$36,409
Sep 20251763,35962.743.08$21,378
Aug 20253633,62863.933.01$34,144
Jul 20253904,73566.743.32$41,726
Jun 20253546,51066.483.13$43,902
May 20253569,03260.553.23$50,750
Apr 20251412,00562.363.54$15,897
Mar 20251793,73967.704.27$28,078
Feb 20253563,54770.884.34$40,630
Jan 20253353,52574.324.28$39,980
Dec 20244004,33868.993.12$41,137
Nov 20243445,16369.052.20$35,104
Oct 2024834,54471.372.28$16,290
Sep 20241632,92269.612.36$18,255
Aug 20243663,51075.632.06$34,924
Jul 20243604,07579.932.15$37,522
Jun 20243634,09678.082.63$39,132
May 20241793,60978.812.20$22,041
Apr 20245183,96984.451.66$50,330
Mar 20243404,39980.301.55$34,099
Feb 20243644,27176.091.78$35,315
Jan 20243714,56473.023.30$42,141
Dec 20235544,56971.262.61$51,406
Nov 20233664,97677.892.81$42,478
Oct 20231864,35485.443.09$29,334
Sep 20233604,01889.042.74$43,044
Aug 20235194,56780.522.67$53,997
Jul 20233444,49674.852.64$37,626
Jun 20233534,33968.962.26$34,142
May 20235374,82970.622.23$48,679
Apr 20234394,73578.122.24$44,890
Mar 20235305,58672.852.39$51,979
Feb 20233683,74475.112.47$36,872
Jan 20233693,31676.533.39$39,473
Dec 20225495,06776.415.73$70,978
Nov 20223544,40085.005.65$54,933
Oct 20223584,18487.185.86$55,744
Sep 20223464,08284.888.16$62,693
Aug 20225134,11894.529.13$86,074
Jul 20225114,650101.587.54$86,978
Jun 20225054,503115.097.98$94,042
May 20225484,695109.378.43$99,528
Apr 20225494,393104.226.84$87,254
Mar 20225314,860108.885.08$82,487
Feb 20223514,23191.054.86$52,516
Jan 20225216,51081.844.54$72,179
Dec 20213507,31171.323.90$53,468
Nov 20217164,78677.435.24$80,503
Oct 20217278,03979.795.71$103,941
Sep 20217286,89469.865.35$87,747
Aug 20218978,01366.024.22$93,040
Jul 20211,0898,26770.783.98$109,999
Jun 20219178,10769.493.38$91,129
May 20219198,51163.483.02$84,022
Apr 20219328,32760.362.76$79,225
Mar 20215546,85061.302.72$52,571
Feb 20215576,40657.805.55$67,735
Jan 20219118,70750.412.81$70,393
Dec 20208818,69844.642.68$62,599
Nov 20209008,66538.772.71$58,345
Oct 20201,1019,09836.972.48$63,253
Sep 20209088,75137.091.99$51,101
Aug 20201,0979,51239.982.39$66,545
Jul 20203549,06638.371.83$30,130
Jun 20201678,39934.901.69$20,025
May 202016912716.921.81$3,090
Apr 20205237,51114.751.80$21,267
Mar 20205408,08030.341.86$31,382
Feb 20205426,28349.881.98$39,480
Jan 20205507,25057.252.09$46,674
Dec 20195185,89759.012.30$44,156
Nov 20198894,88355.302.75$62,593
Oct 20197175,09653.472.42$50,663
Sep 20195413,78955.052.66$39,850
Aug 20196673,90153.112.30$44,414
Jul 20197125,22056.272.46$52,906
Jun 20195625,73652.782.49$43,952
May 20195396,64858.482.74$49,738
Apr 20195408,05062.632.75$55,963
Mar 20198688,88356.803.06$76,503
Feb 20193718,87850.852.79$43,655
Jan 20195189,05246.033.23$53,065
Dec 201874410,19846.594.19$77,346
Nov 20181476,31852.934.24$34,552
Oct 20185237,27461.443.40$56,851
Sep 20188538,74659.543.11$77,970
Aug 20186959,32659.403.07$69,882
Jul 20188959,04465.142.93$84,816
Jun 20188418,61960.183.08$77,131
May 20186948,24765.382.90$69,297
Apr 201802,16163.842.90$6,269
Mar 20187337,22661.222.79$65,012
Feb 20182776,87361.782.77$36,125
Jan 20187628,27562.874.01$81,084
Dec 20174268,52557.272.92$49,303
Nov 20177099,48855.423.12$68,880
Oct 20173348,47949.292.98$41,761
Sep 20173487,45247.523.09$39,543
Aug 20173167,41245.373.00$36,606
Jul 20175329,40143.873.09$52,362
Jun 20173729,56342.493.09$45,330
May 201774612,96745.373.26$76,163
Apr 20171,85815,53247.933.21$138,937
Mar 20171,3144,36146.772.98$74,468
Feb 20175662,69950.452.95$36,524
Jan 20174312,43749.413.42$29,627
Dec 20162922,90248.763.72$25,042
Nov 20162783,57642.492.64$21,268
Oct 20166443,20546.193.09$39,651
Sep 20163383,14041.553.10$23,780
Aug 20163442,93241.442.92$22,830
Jul 20162853,17941.622.92$21,158
Jun 20163982,37345.352.69$24,423
May 20163942,84642.521.99$22,419
Apr 20163973,82136.561.99$22,122
Mar 20166494,70033.011.79$29,855
Feb 20165105,27026.472.06$24,375
Jan 20165817,58327.352.36$33,819
Dec 20154685,58832.362.00$26,328
Nov 20156107,40738.792.17$39,715
Oct 20157107,78143.552.43$49,802
Sep 20157876,68342.992.76$52,268
Aug 20153636,23340.162.87$32,482
Jul 20151415,40248.152.95$22,698
Jun 20156926,29556.152.88$57,003
May 20156098,17255.212.96$57,775
Apr 20157878,25749.822.71$61,556
Mar 20155788,62442.892.93$50,099
Feb 20158708,41844.662.98$63,908
Jan 20159059,88443.433.10$69,951
Dec 20141,01311,04454.693.59$95,064
Nov 20141,11410,36270.464.25$122,550
Oct 20141,22410,91178.303.90$138,403
Sep 20148852,81086.164.05$87,619
Aug 201423324289.394.04$21,804
Jul 20141,4075,06196.564.18$157,013
Jun 20145755,69498.164.74$83,414
May 20149704,58894.734.73$113,574
Apr 20146523,24395.944.81$78,149
Mar 20141,5077,24595.895.06$181,143
Feb 20141,6998,46597.406.19$217,898
Jan 20142,08612,27890.404.86$248,254
Dec 20132,47312,41391.824.35$281,123
Nov 20136443,38788.853.74$69,881
Oct 20133,62821,18897.423.78$433,517
Sep 20133,56218,836104.113.72$440,867
Aug 20135,22430,739104.253.52$652,884
Jul 20137,24431,463102.523.72$859,626
Jun 20131,5636,64094.403.93$173,665
May 20134,70524,20594.834.15$546,604
Apr 20134,47716,72493.964.28$492,281
Mar 20138,26028,61893.623.91$885,280

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           413 bbl  × $106.41 =    $43,947
Gas                5,970 Mcf  × $  3.05 =    $18,184

────────────────────────────────────────────────────
Month total                                  $62,131

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/275860 is the state's own key, not one this site invented.