FAITH SAN PEDRO P UNIT

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 277004District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.1 M
Aug 2013 – May 2026
Value, last 12 filed months
$301 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 Gas112015-08-10215290
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
CondensateDisposition276,066 bbl$19,710,133
GasProduction1,253,696 Mcf$4,401,474
Total$24,111,608

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 28.2456, -99.9723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.24563, -99.97229 · 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
6,583 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 6,583 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-12734761E 1H6,583 ftMay 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 20262641,747106.413.05$33,413
Apr 20263081,66998.932.87$35,260
Mar 20263962,55789.753.15$43,594
Feb 20263831,35363.503.75$29,395
Jan 20263811,27059.138.00$32,686
Dec 20252721,65156.664.41$22,698
Nov 20252411,35558.593.93$19,441
Oct 20252981,16659.383.30$21,549
Sep 202517987062.743.08$13,907
Aug 20251351,18163.933.01$12,191
Jul 202519283066.743.32$15,566
Jun 20252551,50166.483.13$21,649
May 202524395660.553.23$17,804
Apr 202524645462.363.54$16,949
Mar 202528968867.704.27$22,502
Feb 202525681970.884.34$21,700
Jan 202530482974.324.28$26,140
Dec 20243411,33768.993.12$27,699
Nov 202427379369.052.20$20,594
Oct 20242831,45771.372.28$23,522
Sep 20243081,51469.612.36$25,020
Aug 20245141,70275.632.06$42,386
Jul 202465961079.932.15$53,983
Jun 20244942,08178.082.63$44,053
May 202433183778.812.20$27,926
Apr 2024295084.451.66$24,913
Mar 20245701,49580.301.55$48,081
Feb 20246561,36476.091.78$52,348
Jan 20244082,06373.023.30$36,595
Dec 20235382,92971.262.61$45,985
Nov 20235502,14877.892.81$48,870
Oct 20234612,98585.443.09$48,603
Sep 20233961,08289.042.74$38,219
Aug 20234521,49780.522.67$40,396
Jul 20232532,51774.852.64$25,586
Jun 20231992,49068.962.26$19,347
May 202345788570.622.23$34,245
Apr 20239629278.122.24$75,357
Mar 202332167272.852.39$24,993
Feb 20234321,19175.112.47$35,384
Jan 20234363576.533.39$33,486
Dec 20222211676.415.73$16,978
Nov 20222303185.005.65$19,725
Oct 20225561,27887.185.86$55,966
Sep 202253827784.888.16$47,927
Aug 20223083,67094.529.13$62,609
Jul 20229253,450101.587.54$119,982
Jun 20225013,067115.097.98$82,126
May 20224547,592109.378.43$113,678
Apr 20225784,834104.226.84$93,292
Mar 20226401,642108.885.08$78,019
Feb 20228595,51091.054.86$104,984
Jan 20224893,58981.844.54$56,305
Dec 20216524,13171.323.90$62,608
Nov 20219494,76577.435.24$98,435
Oct 20217756,72079.795.71$100,234
Sep 20211,0697,98969.865.35$117,429
Aug 20211,2187,22366.024.22$110,898
Jul 20217754,89570.783.98$74,347
Jun 20213971,67869.493.38$33,260
May 20216076,62163.483.02$58,512
Apr 20218326,58560.362.76$68,384
Mar 2021356,77261.302.72$20,545
Feb 20212583,99757.805.55$37,088
Jan 20219296,47750.412.81$65,033
Dec 20201,0546,84644.642.68$65,367
Nov 20201,4838,87138.772.71$81,506
Oct 202082910,81136.972.48$57,442
Sep 20201,2767,05837.091.99$61,380
Aug 20206745,16139.982.39$39,256
Jul 20201,5589,79538.371.83$77,658
Jun 20201,0076,01734.901.69$45,315
May 20203016.921.81$51
Apr 20201,3508,29614.751.80$34,882
Mar 20201,4618,97830.341.86$60,992
Feb 20201,6208,04749.881.98$96,744
Jan 20201,3743,89957.252.09$86,829
Dec 20191,4204,00559.012.30$93,023
Nov 20191,4516,79855.302.75$98,940
Oct 20191,4659,31953.472.42$100,872
Sep 20199348,74455.052.66$74,652
Aug 20191,74513,25253.112.30$123,214
Jul 20192,03616,10356.272.46$154,180
Jun 20191,1296,10452.782.49$74,795
May 20191,70910,76258.482.74$129,434
Apr 20193,15612,49262.632.75$232,022
Mar 20193,45221,00756.803.06$260,399
Feb 20192102,48850.852.79$17,626
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201818052.934.24$953
Oct 20181,4008,42661.443.40$114,648
Sep 20181,73112,19459.543.11$140,963
Aug 20181,87011,56159.403.07$146,531
Jul 20181,83910,44865.142.93$150,425
Jun 20181,6427,66160.183.08$122,388
May 20181,7399,37465.382.90$140,888
Apr 20181,3317,78763.842.90$107,560
Mar 20186665,35161.222.79$55,685
Feb 20188846,55261.782.77$72,737
Jan 20181,6059,53662.874.01$139,139
Dec 20171,78110,16157.272.92$131,683
Nov 20171,6679,81055.423.12$122,976
Oct 20171,6089,21649.292.98$106,756
Sep 20171,5879,20947.523.09$103,845
Aug 20171,82810,86845.373.00$115,588
Jul 20171,96911,73543.873.09$122,609
Jun 20171,94711,42342.493.09$117,994
May 20172,10911,42445.373.26$132,966
Apr 20172,0399,91147.933.21$129,559
Mar 20171,8718,85546.772.98$113,927
Feb 20171,6907,62650.452.95$107,777
Jan 20172,02910,27449.413.42$135,378
Dec 20161,97312,16448.763.72$141,488
Nov 20161,9968,41142.492.64$107,052
Oct 20162,6089,37046.193.09$149,419
Sep 20162,2718,80641.553.10$121,664
Aug 20161,9299,16241.442.92$106,731
Jul 20162,2509,79241.622.92$122,280
Jun 20161,82012,14645.352.69$115,159
May 20169472,77842.521.99$45,798
Apr 20162,2388,81336.561.99$99,368
Mar 20162,73011,48933.011.79$110,729
Feb 20162,87012,88626.472.06$102,561
Jan 20163,06112,31227.352.36$112,828
Dec 20153,36413,60932.362.00$136,096
Nov 20153,15811,70638.792.17$147,870
Oct 20152,14510,49343.552.43$118,877
Sep 20152,8258,77642.992.76$145,655
Aug 20153,1439,08340.162.87$152,314
Jul 20151,3123,28048.152.95$72,833
Jun 20159517656.152.88$5,842
May 20151364655.212.96$7,645
Apr 201541068049.822.71$22,267
Mar 201545729642.892.93$20,469
Feb 2015581544.662.98$2,635
Jan 20152,77712,55943.433.10$159,546
Dec 20145,56028,37954.693.59$405,996
Nov 20145,77624,88370.464.25$512,775
Oct 20146,10925,36078.303.90$577,263
Sep 20146,36024,69886.164.05$647,892
Aug 20144,10419,00489.394.04$443,540
Jul 20146,54330,77396.564.18$760,411
Jun 20147,36033,98798.164.74$883,450
May 20149,36635,62994.734.73$1,055,644
Apr 20147,71327,37595.944.81$871,635
Mar 20145,05917,49895.895.06$573,591
Feb 20148682,14297.406.19$97,806
Jan 20148,67236,28890.404.86$960,335
Dec 201310,03540,90491.824.35$1,099,529
Nov 201310,87440,80488.853.74$1,118,692
Oct 201312,00340,46297.423.78$1,322,253
Sep 201310,34531,294104.113.72$1,193,361
Aug 201313,47443,632104.253.52$1,558,363

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           264 bbl  × $106.41 =    $28,092
Gas                1,747 Mcf  × $  3.05 =     $5,321

────────────────────────────────────────────────────
Month total                                  $33,413

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/277004 is the state's own key, not one this site invented.