FAITH SAN PEDRO W 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 278324District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Jul 2015 – May 2026
Value, last 12 filed months
$414 k
at the published price for each month
Months reported
131
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 Gas112016-05-31217907
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
CondensateDisposition137,456 bbl$6,987,561
GasProduction870,789 Mcf$2,716,317
Total$9,703,878

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 28.2597, -99.9728. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.25971, -99.97285 · 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
6,575 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 6,575 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-12735110M 1H6,575 ftMar 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 (131)

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

131 months

May 20262563,752106.413.05$38,669
Apr 20262412,13898.932.87$29,978
Mar 20262533,15089.753.15$32,627
Feb 20262403,60563.503.75$28,760
Jan 20263202,89859.138.00$42,100
Dec 2025781,85956.664.41$12,624
Nov 20252335,47758.593.93$35,157
Oct 20253978,80359.383.30$52,666
Sep 20252744,89262.743.08$32,243
Aug 20254035,65763.933.01$42,818
Jul 20252923,71066.743.32$31,787
Jun 20253074,53066.483.13$34,582
May 20253185,25260.553.23$36,231
Apr 20253135,06662.363.54$37,468
Mar 20253095,45767.704.27$44,212
Feb 20253273,90870.884.34$40,142
Jan 20253783,75074.324.28$44,138
Dec 20242712,60168.993.12$26,815
Nov 20243693,68369.052.20$33,576
Oct 20242413,54071.372.28$25,276
Sep 20241723,92069.612.36$21,241
Aug 20243294,39675.632.06$33,954
Jul 20243524,04279.932.15$36,812
Jun 20243213,77078.082.63$34,994
May 20243435,09278.812.20$38,226
Apr 20243536,28484.451.66$40,237
Mar 20243344,58380.301.55$33,902
Feb 20242592,76776.091.78$24,643
Jan 20243082,92373.023.30$32,129
Dec 20233083,25271.262.61$30,438
Nov 20232554,03677.892.81$31,193
Oct 20232243,31385.443.09$29,367
Sep 20233603,82089.042.74$42,502
Aug 20234023,30880.522.67$41,211
Jul 20235723,26274.852.64$51,432
Jun 20234373,53768.962.26$38,124
May 20235445,28770.622.23$50,194
Apr 20235554,92478.122.24$54,375
Mar 20235165,96572.852.39$51,866
Feb 20234374,93175.112.47$44,981
Jan 20234755,67776.533.39$55,584
Dec 20223844,09276.415.73$52,785
Nov 20224134,58985.005.65$61,015
Oct 20224574,56487.185.86$66,603
Sep 20224354,90884.888.16$76,990
Aug 20224505,08994.529.13$88,982
Jul 20224625,282101.587.54$86,767
Jun 20226325,317115.097.98$115,152
May 20224584,121109.378.43$84,844
Apr 20225355,254104.226.84$91,682
Mar 20225074,941108.885.08$80,285
Feb 20224764,14991.054.86$63,499
Jan 20226055,61581.844.54$74,992
Dec 20213644,18271.323.90$42,267
Nov 20214013,53277.435.24$49,546
Oct 20215115,05179.795.71$69,633
Sep 20214814,56369.865.35$58,019
Aug 20214584,72666.024.22$50,184
Jul 20215304,95570.783.98$57,245
Jun 20215255,16169.493.38$53,930
May 20215734,88163.483.02$51,103
Apr 20215404,71860.362.76$45,609
Mar 20215484,70561.302.72$46,376
Feb 20211913,56557.805.55$30,818
Jan 20215195,27550.412.81$40,987
Dec 20205775,19644.642.68$39,659
Nov 20205554,85838.772.71$34,666
Oct 20206245,46936.972.48$36,624
Sep 20201,5025,59437.091.99$66,847
Aug 20207027,10539.982.39$45,012
Jul 20207026,34638.371.83$38,518
Jun 20203675,79934.901.69$22,610
May 20201016.921.81$17
Apr 20205765,24814.751.80$17,965
Mar 20207995,68230.341.86$34,789
Feb 20209034,82249.881.98$54,592
Jan 20207305,29557.252.09$52,884
Dec 20191,0305,89159.012.30$74,355
Nov 20191,0876,42155.302.75$77,773
Oct 20199656,78553.472.42$68,008
Sep 20198756,88655.052.66$66,467
Aug 20198817,83153.112.30$64,835
Jul 20198037,16656.272.46$62,814
Jun 20197585,87552.782.49$54,643
May 20193122,94458.482.74$26,313
Apr 20197965,72962.632.75$65,612
Mar 20192,2046,52956.803.06$145,180
Feb 20191,2024,29050.852.79$73,100
Jan 20191,6564,99846.033.23$92,360
Dec 20182,81810,86446.594.19$176,761
Nov 20183,4833,69652.934.24$200,016
Oct 20188324,42661.443.40$66,158
Sep 20181,3037,15259.543.11$99,809
Aug 20181,7794,50559.403.07$119,487
Jul 20187555,86965.142.93$66,388
Jun 20189298,13260.183.08$80,929
May 20183322,73265.382.90$29,631
Apr 20185313,37463.842.90$43,686
Mar 20187626,42261.222.79$64,547
Feb 20186796,54061.782.77$60,039
Jan 20187447,50562.874.01$76,865
Dec 20177837,94757.272.92$68,060
Nov 20178178,33555.423.12$71,270
Oct 20178659,00249.292.98$69,495
Sep 20178358,68947.523.09$66,505
Aug 20179118,15245.373.00$65,824
Jul 20178507,75943.873.09$61,244
Jun 20171,1088,91742.493.09$74,608
May 20171,5399,01645.373.26$99,247
Apr 20172,1919,29547.933.21$134,866
Mar 20171,74310,54646.772.98$112,986
Feb 20171,8399,14350.452.95$119,773
Jan 20171,71910,99049.413.42$122,508
Dec 20161,76912,38448.763.72$132,360
Nov 20161,87212,65342.492.64$113,000
Oct 20162,26414,04246.193.09$147,968
Sep 20162,27911,57741.553.10$130,588
Aug 20162,3079,94941.442.92$124,696
Jul 20162,1868,45841.622.92$115,715
Jun 20162,80012,91245.352.69$161,659
May 20161,7037,10442.521.99$86,556
Apr 20161,3156,81236.561.99$61,639
Mar 20162,97615,27633.011.79$125,643
Feb 20163,19915,67026.472.06$117,015
Jan 20163,68717,24927.352.36$141,622
Dec 20154,02918,74932.362.00$167,903
Nov 20154,38818,52238.792.17$210,354
Oct 20154,99720,08443.552.43$266,355
Sep 20155,67022,50142.992.76$305,821
Aug 20156,62224,70540.162.87$336,904
Jul 20157,50824,32348.152.95$433,143

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           256 bbl  × $106.41 =    $27,241
Gas                3,752 Mcf  × $  3.05 =    $11,428

────────────────────────────────────────────────────
Month total                                  $38,669

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/278324 is the state's own key, not one this site invented.