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 276843District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.1 M
Aug 2013 – May 2026
Value, last 12 filed months
$313 k
at the published price for each month
Months reported
154
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 Gas112015-07-20215646
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
CondensateDisposition168,254 bbl$12,262,576
GasProduction861,683 Mcf$2,852,956
Total$15,115,531

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 28.2105, -100.0679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21053, -100.06792 · 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
6,248 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 6,248 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-12735046J 2H6,248 ftJul 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 (154)

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

154 months

May 20263543,754106.413.05$49,103
Apr 20264402,54698.932.87$50,836
Mar 20265721,74389.753.15$56,826
Feb 202626794263.503.75$20,487
Jan 20265052,09959.138.00$46,648
Dec 20250056.664.41$0
Nov 20253058.593.93$176
Oct 20256555659.383.30$5,697
Sep 20252921,34462.743.08$22,455
Aug 202515461763.933.01$11,705
Jul 202523274966.743.32$17,967
Jun 20253712,06766.483.13$31,131
May 20254902,63860.553.23$38,196
Apr 20251871,43662.363.54$16,749
Mar 20251011,88467.704.27$14,879
Feb 20251491,50170.884.34$17,077
Jan 202515246374.324.28$13,278
Dec 202450068.993.12$3,450
Nov 20247069.052.20$483
Oct 202418270271.372.28$14,591
Sep 20241241,29569.612.36$11,693
Aug 20243043,06575.632.06$29,317
Jul 20242632,22879.932.15$25,804
Jun 20242071,14178.082.63$19,168
May 20243152,91678.812.20$31,236
Apr 20243102,68184.451.66$30,628
Mar 20242271,14580.301.55$19,997
Feb 202433776.091.78$294
Jan 2024575873.023.30$4,353
Dec 202333910,04371.262.61$50,377
Nov 20234558,82077.892.81$60,203
Oct 20233643,89585.443.09$43,125
Sep 20234155,84489.042.74$52,935
Aug 20233795,47080.522.67$45,138
Jul 20233484,09374.852.64$36,861
Jun 20232662,73868.962.26$24,527
May 20233153,04470.622.23$29,026
Apr 20233353,85278.122.24$34,790
Mar 202382,44372.852.39$6,429
Feb 2023231,15675.112.47$4,578
Jan 20237615476.533.39$6,338
Dec 2022838376.415.73$6,818
Nov 20223172,81485.005.65$42,833
Oct 20226692,12187.185.86$70,760
Sep 20223973984.888.16$34,016
Aug 20224316194.529.13$41,295
Jul 2022123343101.587.54$15,081
Jun 20223812,612115.097.98$64,686
May 20223832,808109.378.43$65,569
Apr 20223842,766104.226.84$58,933
Mar 2022386989108.885.08$47,048
Feb 202227116291.054.86$25,462
Jan 20223491,90681.844.54$37,211
Dec 20211619971.323.90$11,869
Nov 20212902,30977.435.24$34,547
Oct 20214353,10079.795.71$52,422
Sep 20214233,06969.865.35$45,973
Aug 20214531,54766.024.22$36,436
Jul 20215163,50570.783.98$50,480
Jun 202110416069.493.38$7,768
May 20212051,17763.483.02$16,565
Apr 20218529660.362.76$5,947
Mar 20214830661.302.72$3,774
Feb 20214738457.805.55$4,847
Jan 2021351,62050.412.81$6,317
Dec 2020571,26244.642.68$5,921
Nov 20202348038.772.71$2,191
Oct 202023816436.972.48$9,205
Sep 20202482,37937.091.99$13,935
Aug 20203462,28139.982.39$19,273
Jul 20205085,92738.371.83$30,309
Jun 20201763,20634.901.69$11,562
May 20207683716.921.81$2,805
Apr 20204342,33914.751.80$10,622
Mar 20201901,75530.341.86$9,022
Feb 20201,0923,99249.881.98$62,376
Jan 20206151,11957.252.09$37,553
Dec 20191,38028159.012.30$82,081
Nov 20192802,63355.302.75$22,727
Oct 20196774,86253.472.42$47,958
Sep 20192655,92555.052.66$30,333
Aug 20193,0687,00653.112.30$179,086
Jul 20199837,51956.272.46$73,811
Jun 20197773,58152.782.49$49,931
May 20196531,99458.482.74$43,652
Apr 20192661,86562.632.75$21,790
Mar 20193003,67756.803.06$28,299
Feb 20191648,04650.852.79$30,806
Jan 201907846.033.23$252
Dec 201805846.594.19$243
Nov 201885252.934.24$644
Oct 20183943,91261.443.40$37,501
Sep 20185094,14659.543.11$43,192
Aug 20185265,73859.403.07$48,840
Jul 20185425,59965.142.93$51,721
Jun 20183935,34160.183.08$40,085
May 20185676,61765.382.90$56,265
Apr 20187008,65163.842.90$69,783
Mar 20187408,87961.222.79$70,047
Feb 20186548,07761.782.77$62,746
Jan 201849910,06662.874.01$71,730
Dec 201749210,08457.272.92$57,637
Nov 20177378,03155.423.12$65,888
Oct 20177148,55149.292.98$60,707
Sep 20177528,46447.523.09$61,866
Aug 20177948,24145.373.00$60,783
Jul 20177277,97043.873.09$56,499
Jun 20177935,97442.493.09$52,138
May 20179456,77145.373.26$64,971
Apr 20178749,43547.933.21$72,192
Mar 20178797,61546.772.98$63,832
Feb 20179275,95150.452.95$64,338
Jan 20171,0796,78949.413.42$76,524
Dec 20161,0367,10748.763.72$76,974
Nov 20161,1237,44742.492.64$67,409
Oct 20161,2567,49246.193.09$81,167
Sep 20161,1656,72041.553.10$69,242
Aug 20161,47310,80741.442.92$92,644
Jul 20161,74512,58841.622.92$109,438
Jun 20161,72611,05545.352.69$107,966
May 20162,06815,15242.521.99$118,100
Apr 20161,79210,19536.561.99$85,814
Mar 20162,02714,38833.011.79$92,723
Feb 20162,00710,49026.472.06$74,773
Jan 20162,26511,83727.352.36$89,935
Dec 20152,18111,30732.362.00$93,207
Nov 20152,17611,43638.792.17$109,193
Oct 20152,0849,32443.552.43$113,384
Sep 20152,22110,15042.992.76$123,479
Aug 20151,9247,52840.162.87$98,892
Jul 20151,8237,58048.152.95$110,101
Jun 20152,0339,05356.152.88$140,251
May 20151,2484,50755.212.96$82,222
Apr 20151,1681,92649.822.71$63,403
Mar 20151,4483,84142.892.93$73,377
Feb 20152,41910,70244.662.98$139,884
Jan 20152,56810,52843.433.10$144,172
Dec 20142,68511,35054.693.59$187,605
Nov 20141,0523,14170.464.25$87,479
Oct 20142,63510,84178.303.90$248,611
Sep 20142,1455,70686.164.05$207,896
Aug 20141,5905,04989.394.04$162,503
Jul 20144,8397,13596.564.18$497,075
Jun 20144,5588,89698.164.74$489,553
May 20141,6565,98094.734.73$185,138
Apr 20142,34111,53295.944.81$280,054
Mar 20142,88311,53895.895.06$334,796
Feb 20142,96613,35797.406.19$371,595
Jan 20144,94324,16790.404.86$564,316
Dec 20135,06319,50891.824.35$549,832
Nov 20135,56222,98488.853.74$580,104
Oct 20137,57031,72297.423.78$857,358
Sep 201310,71239,870104.113.72$1,263,453
Aug 201317,33546,092104.253.52$1,969,538

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           354 bbl  × $106.41 =    $37,669
Gas                3,754 Mcf  × $  3.05 =    $11,434

────────────────────────────────────────────────────
Month total                                  $49,103

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/276843 is the state's own key, not one this site invented.