FASKEN STATE

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277971District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$15.3 M
May 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
no gaps in the span
Streams
1
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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
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 2015-08-25.

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: WILL REQUIRE A REGULAR SWR 38.

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
GasProduction5,760,978 Mcf$15,297,242
Total$15,297,242

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025160.553.23$3
Apr 2025062.363.54$0
Mar 20257567.704.27$320
Feb 20257870.884.34$339
Jan 20257074.324.28$300
Dec 20246968.993.12$215
Nov 20247669.052.20$167
Oct 20249071.372.28$205
Sep 20245669.612.36$132
Aug 202417675.632.06$363
Jul 202429979.932.15$642
Jun 202484178.082.63$2,215
May 20241,09978.812.20$2,416
Apr 202424284.451.66$402
Mar 202412880.301.55$198
Feb 202413776.091.78$244
Jan 202415973.023.30$524
Dec 202319071.262.61$496
Nov 202319777.892.81$553
Oct 202323385.443.09$719
Sep 202315589.042.74$424
Aug 202326380.522.67$703
Jul 202341674.852.64$1,099
Jun 202323868.962.26$538
May 202319170.622.23$425
Apr 202314078.122.24$313
Mar 202316272.852.39$388
Feb 202315375.112.47$377
Jan 202321676.533.39$732
Dec 202216276.415.73$928
Nov 202220585.005.65$1,157
Oct 202218987.185.86$1,108
Sep 202230884.888.16$2,514
Aug 202241594.529.13$3,788
Jul 2022434101.587.54$3,273
Jun 2022701115.097.98$5,592
May 2022773109.378.43$6,519
Apr 2022231104.226.84$1,579
Mar 20226108.885.08$30
Feb 2022091.054.86$0
Jan 20229881.844.54$445
Dec 202129971.323.90$1,166
Nov 202128677.435.24$1,498
Oct 202116479.795.71$937
Sep 202118669.865.35$995
Aug 202120666.024.22$869
Jul 20215670.783.98$223
Jun 20213669.493.38$122
May 20215963.483.02$178
Apr 20216960.362.76$190
Mar 20219261.302.72$250
Feb 20211,89457.805.55$10,508
Jan 202119550.412.81$548
Dec 202023444.642.68$626
Nov 202021338.772.71$577
Oct 202028836.972.48$714
Sep 202037237.091.99$741
Aug 202038339.982.39$913
Jul 202040338.371.83$736
Jun 202060734.901.69$1,026
May 202020,64916.921.81$37,473
Apr 202020,91914.751.80$37,746
Mar 202029,66930.341.86$55,072
Feb 202023,05649.881.98$45,666
Jan 202026,95957.252.09$56,472
Dec 201929,76959.012.30$68,598
Nov 201927,04555.302.75$74,393
Oct 201928,05453.472.42$67,850
Sep 201928,08155.052.66$74,619
Aug 201929,25553.112.30$67,414
Jul 201928,18556.272.46$69,337
Jun 201929,17052.782.49$72,668
May 201930,17058.482.74$82,675
Apr 201929,24662.632.75$80,447
Mar 201937,16156.803.06$113,791
Feb 201932,60050.852.79$91,026
Jan 201938,02846.033.23$122,761
Dec 201839,49946.594.19$165,321
Nov 201839,23052.934.24$166,227
Oct 201840,31561.443.40$136,994
Sep 201841,41359.543.11$128,712
Aug 201837,71659.403.07$115,658
Jul 201851,15165.142.93$149,969
Jun 201851,55160.183.08$158,618
May 201859,13065.382.90$171,524
Apr 201858,54163.842.90$169,816
Mar 201881,76661.222.79$227,869
Feb 201854,46861.782.77$150,665
Jan 201823,76262.874.01$95,269
Dec 201781,60357.272.92$238,405
Nov 201781,21655.423.12$253,261
Oct 201788,38149.292.98$263,701
Sep 201791,61147.523.09$282,829
Aug 201776,89945.373.00$231,035
Jul 201780,30743.873.09$247,930
Jun 201775,84842.493.09$234,164
May 201784,00145.373.26$274,129
Apr 201792,20647.933.21$296,129
Mar 2017104,44846.772.98$311,639
Feb 201762,23350.452.95$183,749
Jan 201753,67949.413.42$183,518
Dec 2016103,24648.763.72$384,367
Nov 2016104,70942.492.64$276,887
Oct 2016113,03246.193.09$349,298
Sep 2016117,06741.553.10$362,981
Aug 2016130,82241.442.92$382,568
Jul 2016132,72941.622.92$388,145
Jun 2016105,62345.352.69$283,685
May 2016162,07942.521.99$322,706
Apr 2016168,81836.561.99$336,123
Mar 2016203,01533.011.79$364,211
Feb 2016215,93526.472.06$445,610
Jan 2016268,13127.352.36$633,958
Dec 2015346,98432.362.00$694,457
Nov 2015299,55938.792.17$649,243
Oct 2015384,54943.552.43$933,139
Sep 2015631,44542.992.76$1,741,791
Aug 2015218,53140.162.87$627,728
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0

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 2025 — as filed, then multipliedworked
Gas                    1 Mcf  × $  3.23 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/277971 is the state's own key, not one this site invented.