FAITH SAN PEDRO U 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 277948District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
May 2015 – May 2026
Value, last 12 filed months
$208 k
at the published price for each month
Months reported
133
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 Gas112016-05-31217648
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
CondensateDisposition135,700 bbl$6,982,124
GasProduction668,245 Mcf$2,005,005
Total$8,987,129

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 28.2635, -99.9710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26352, -99.97103 · 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
6,600 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 6,600 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-12735115M 1H6,600 ftMay 2015

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 (133)

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

133 months

May 20262777106.413.05$29,497
Apr 2026231598.932.87$22,867
Mar 2026276989.753.15$24,799
Feb 2026191963.503.75$12,162
Jan 202622457159.138.00$17,812
Dec 20253571356.664.41$20,285
Nov 2025268258.593.93$15,710
Oct 2025264759.383.30$15,699
Sep 20252801162.743.08$17,601
Aug 202594263.933.01$6,015
Jul 202520049766.743.32$14,996
Jun 2025151766.483.13$10,060
May 202514665760.553.23$10,964
Apr 20253462,55362.363.54$30,622
Mar 202524621967.704.27$17,589
Feb 202511311770.884.34$8,517
Jan 20252041,21274.324.28$20,347
Dec 20243371,32068.993.12$27,370
Nov 20243111,97869.052.20$25,823
Oct 20243121571.372.28$22,302
Sep 202460169.612.36$4,179
Aug 20242692,00475.632.06$24,480
Jul 20243001,54379.932.15$27,291
Jun 20243162,14778.082.63$30,328
May 202428872978.812.20$24,300
Apr 2024326084.451.66$27,531
Mar 20243131,76780.301.55$27,864
Feb 20244003,00076.091.78$35,787
Jan 20244513,11373.023.30$43,198
Dec 20233892,73071.262.61$34,847
Nov 20234233,02077.892.81$41,426
Oct 20232952,13885.443.09$31,805
Sep 20233763,40989.042.74$42,803
Aug 20234263,85580.522.67$44,605
Jul 20234483,69374.852.64$43,289
Jun 20233872,18668.962.26$31,625
May 20234571,94670.622.23$36,608
Apr 20234242,90478.122.24$39,621
Mar 20235673,16872.852.39$48,887
Feb 202326198975.112.47$22,042
Jan 202324561276.533.39$20,823
Dec 20223142,05276.415.73$35,749
Nov 20225043,47385.005.65$62,449
Oct 20225363,75787.185.86$68,759
Sep 20224722,99484.888.16$64,505
Aug 20224902,95694.529.13$73,295
Jul 20224842,489101.587.54$67,937
Jun 20224862,698115.097.98$77,456
May 20225572,777109.378.43$84,338
Apr 2022307850104.226.84$37,808
Mar 20224352,235108.885.08$58,709
Feb 20224232,42191.054.86$50,277
Jan 20223223,10781.844.54$40,451
Dec 20214264,39571.323.90$47,519
Nov 20214583,24577.435.24$52,457
Oct 20216464,95879.795.71$79,874
Sep 20216325,35169.865.35$72,784
Aug 20216113,94766.024.22$56,997
Jul 20215763,67170.783.98$55,388
Jun 20215743,45269.493.38$51,557
May 20215192,79263.483.02$41,371
Apr 20215072,57460.362.76$37,703
Mar 20215743,88761.302.72$45,747
Feb 20212181,40457.805.55$20,390
Jan 20215222,76350.412.81$34,079
Dec 20204853,39644.642.68$30,736
Nov 20205874,00038.772.71$33,584
Oct 20205703,07536.972.48$28,694
Sep 20206293,31437.091.99$29,928
Aug 20207893,86539.982.39$40,763
Jul 20204242,99538.371.83$21,735
Jun 20202313,54934.901.69$14,061
May 20200016.921.81$0
Apr 20205082,90114.751.80$12,728
Mar 20207514,55430.341.86$31,239
Feb 20206394,23149.881.98$40,254
Jan 20207004,00457.252.09$48,462
Dec 20197314,03059.012.30$52,423
Nov 20197303,69855.302.75$50,541
Oct 20197655,51253.472.42$54,236
Sep 20197875,80555.052.66$58,750
Aug 20197534,41453.112.30$50,163
Jul 20199265,64556.272.46$65,993
Jun 20198786,31852.782.49$62,080
May 20195845,63358.482.74$49,589
Apr 20198607,18262.632.75$73,617
Mar 20195265,71056.803.06$47,361
Feb 20192773,56550.852.79$24,040
Jan 20193502,21646.033.23$23,264
Dec 20184685,18646.594.19$43,510
Nov 20186475,15652.934.24$56,093
Oct 20185681,30261.443.40$39,322
Sep 20185923,89059.543.11$47,338
Aug 20186054,17059.403.07$48,725
Jul 20181,4234,06965.142.93$104,624
Jun 20181,2204,25060.183.08$86,497
May 20184111,95965.382.90$32,554
Apr 20187673,15363.842.90$58,112
Mar 20187853,42061.222.79$57,589
Feb 20185933,01461.782.77$44,973
Jan 20189385,68362.874.01$81,757
Dec 20171,1467,09957.272.92$86,371
Nov 20171,2106,84955.423.12$88,416
Oct 20171,2926,99049.292.98$84,539
Sep 20171,9207,80747.523.09$115,341
Aug 20171,5458,00645.373.00$94,150
Jul 20171,1975,20043.873.09$68,566
Jun 20171,7015,11242.493.09$88,058
May 20171,5787,56445.373.26$96,278
Apr 20171,5655,82047.933.21$93,702
Mar 20171,5328,10646.772.98$95,837
Feb 20171,4748,87450.452.95$100,565
Jan 20172,04912,01749.413.42$142,325
Dec 20161,7819,76148.763.72$123,180
Nov 20161,77011,56442.492.64$105,787
Oct 20162,05812,72746.193.09$134,389
Sep 20161,93110,17041.553.10$111,766
Aug 20161,8139,55641.442.92$103,076
Jul 20162,16613,25641.622.92$128,914
Jun 20162,13211,77245.352.69$128,304
May 20161,7397,63542.521.99$89,144
Apr 20161,2856,24636.561.99$59,416
Mar 20162,88914,47333.011.79$121,331
Feb 20163,07015,36626.472.06$112,973
Jan 20163,57717,73627.352.36$139,765
Dec 20153,82119,21032.362.00$162,095
Nov 20154,08920,21138.792.17$202,416
Oct 20154,87721,85343.552.43$265,421
Sep 20155,22018,35042.992.76$275,025
Aug 20155,77123,45840.162.87$299,146
Jul 20156,97525,26348.152.95$410,248
Jun 20158,40925,36256.152.88$545,280
May 20154,77911,55555.212.96$297,999

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           277 bbl  × $106.41 =    $29,476
Gas                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                  $29,497

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/277948 is the state's own key, not one this site invented.