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 277987District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$18.3 M
May 2015 – May 2026
Value, last 12 filed months
$615 k
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
GasProduction6,361,361 Mcf$18,320,444
Total$18,320,444

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 202616,619106.413.05$50,619
Apr 202612,05398.932.87$34,589
Mar 202612,90589.753.15$40,644
Feb 202611,69263.503.75$43,849
Jan 202616,30659.138.00$130,414
Dec 20255,41656.664.41$23,903
Nov 202512,99758.593.93$51,032
Oct 202516,85559.383.30$55,703
Sep 202512,28062.743.08$37,785
Aug 202516,15263.933.01$48,694
Jul 202514,84966.743.32$49,227
Jun 202515,42366.483.13$48,254
May 202514,96960.553.23$48,385
Apr 202515,71762.363.54$55,687
Mar 202516,67767.704.27$71,183
Feb 202515,14070.884.34$65,720
Jan 202517,08974.324.28$73,118
Dec 202418,25368.993.12$56,974
Nov 202416,06769.052.20$35,322
Oct 202420,92071.372.28$47,727
Sep 202410,05669.612.36$23,776
Aug 202415,06375.632.06$31,084
Jul 202416,34879.932.15$35,092
Jun 202416,98978.082.63$44,749
May 202418,89878.812.20$41,546
Apr 202417,56884.451.66$29,149
Mar 202418,64980.301.55$28,815
Feb 202417,50776.091.78$31,226
Jan 202419,30373.023.30$63,655
Dec 202311,63071.262.61$30,363
Nov 202310,99577.892.81$30,869
Oct 202317,45885.443.09$53,898
Sep 202317,80989.042.74$48,708
Aug 202320,32380.522.67$54,321
Jul 202320,19474.852.64$53,349
Jun 202318,49068.962.26$41,759
May 202321,19370.622.23$47,205
Apr 202318,97278.122.24$42,455
Mar 202322,07272.852.39$52,822
Feb 202320,06475.112.47$49,471
Jan 202320,73076.533.39$70,227
Dec 202220,45076.415.73$117,160
Nov 202220,82485.005.65$117,576
Oct 202222,98987.185.86$134,802
Sep 202220,39884.888.16$166,523
Aug 202223,00494.529.13$209,961
Jul 202222,898101.587.54$172,699
Jun 202222,302115.097.98$177,908
May 202223,217109.378.43$195,790
Apr 202222,660104.226.84$154,940
Mar 202224,094108.885.08$122,311
Feb 202222,26391.054.86$108,172
Jan 202224,82681.844.54$112,652
Dec 202125,26971.323.90$98,527
Nov 202124,77877.435.24$129,759
Oct 202125,90879.795.71$148,035
Sep 202125,40669.865.35$135,945
Aug 202126,39966.024.22$111,419
Jul 202126,66470.783.98$106,178
Jun 202126,23269.493.38$88,680
May 202127,62363.483.02$83,357
Apr 202127,21760.362.76$75,076
Mar 202128,50561.302.72$77,446
Feb 202125,78257.805.55$143,037
Jan 202129,05550.412.81$81,652
Dec 202030,23944.642.68$80,903
Nov 202028,73738.772.71$77,779
Oct 202030,27436.972.48$75,032
Sep 202030,19237.091.99$60,113
Aug 202031,91939.982.39$76,130
Jul 202032,84638.371.83$59,948
Jun 202032,73834.901.69$55,337
May 202033,82816.921.81$61,389
Apr 202033,41214.751.80$60,288
Mar 202035,24230.341.86$65,417
Feb 202034,30749.881.98$67,951
Jan 202038,88757.252.09$81,458
Dec 201940,17559.012.30$92,578
Nov 201939,08055.302.75$107,497
Oct 201941,21853.472.42$99,687
Sep 201941,16055.052.66$109,374
Aug 201943,39053.112.30$99,986
Jul 201942,55556.272.46$104,688
Jun 201944,07552.782.49$109,800
May 201947,20658.482.74$129,360
Apr 201947,04762.632.75$129,412
Mar 201948,74456.803.06$149,259
Feb 201942,07850.852.79$117,491
Jan 201947,32846.033.23$152,783
Dec 201849,03446.594.19$205,229
Nov 201849,88352.934.24$211,366
Oct 201852,51461.443.40$178,447
Sep 201852,93359.543.11$164,516
Aug 201856,11259.403.07$172,071
Jul 201859,08765.142.93$173,236
Jun 201858,76460.183.08$180,812
May 201858,84365.382.90$170,692
Apr 201854,17463.842.90$157,148
Mar 201857,23261.222.79$159,496
Feb 201856,76361.782.77$157,013
Jan 201866,87462.874.01$268,119
Dec 201760,76457.272.92$177,523
Nov 201774,49555.423.12$232,302
Oct 201784,66749.292.98$252,619
Sep 201727,59247.523.09$85,184
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 201722,80549.413.42$77,966
Dec 201689,25248.763.72$332,270
Nov 201691,10342.492.64$240,908
Oct 201698,53746.193.09$304,505
Sep 2016102,33841.553.10$317,312
Aug 2016113,53141.442.92$332,003
Jul 2016119,57141.622.92$349,666
Jun 201673,54245.352.69$197,521
May 2016132,76642.521.99$264,342
Apr 2016161,44236.561.99$321,437
Mar 2016188,43533.011.79$338,054
Feb 2016183,43526.472.06$378,542
Jan 2016231,63727.352.36$547,673
Dec 2015291,83032.362.00$584,071
Nov 2015266,45138.792.17$577,487
Oct 2015345,98643.552.43$839,563
Sep 2015557,17942.992.76$1,536,934
Aug 2015197,66040.162.87$567,776
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 2026 — as filed, then multipliedworked
Gas               16,619 Mcf  × $  3.05 =    $50,619

────────────────────────────────────────────────────
Month total                                  $50,619

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/277987 is the state's own key, not one this site invented.