FAITH-SAN PEDRO GG 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 278353District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Jul 2015 – May 2026
Value, last 12 filed months
$347 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 Gas112016-05-31217906
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
CondensateDisposition170,900 bbl$8,585,765
GasProduction988,051 Mcf$2,964,430
Total$11,550,195

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 28.2572, -99.9709. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.25722, -99.97087 · 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
6,581 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 6,581 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-12736675C 1H6,581 ftApr 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 20263812,157106.413.05$47,112
Apr 20263762,90598.932.87$45,534
Mar 20263152,19589.753.15$35,184
Feb 20263311,37263.503.75$26,164
Jan 20264012,55659.138.00$44,154
Dec 20253452,00456.664.41$28,392
Nov 20251511,02158.593.93$12,856
Oct 20251652,25959.383.30$17,263
Sep 20252001,42962.743.08$16,945
Aug 20252213,49263.933.01$24,656
Jul 20252263,25066.743.32$25,858
Jun 20252082,90666.483.13$22,920
May 20251572,19160.553.23$16,588
Apr 20251172,93862.363.54$17,706
Mar 2025109167.704.27$7,384
Feb 202534390770.884.34$28,249
Jan 20254342,56574.324.28$43,230
Dec 20244342,66768.993.12$38,266
Nov 20244913,27869.052.20$41,110
Oct 20244803,55671.372.28$42,370
Sep 20243852,92169.612.36$33,706
Aug 20245023,80775.632.06$45,823
Jul 20245473,47379.932.15$51,177
Jun 20245343,60978.082.63$51,201
May 20244933,44578.812.20$46,427
Apr 20242882,26484.451.66$28,078
Mar 20243412,76280.301.55$31,650
Feb 20243072,06176.091.78$27,036
Jan 20243372,82673.023.30$33,927
Dec 20234353,42771.262.61$39,945
Nov 20233893,10277.892.81$39,008
Oct 20234142,07285.443.09$41,769
Sep 20235063,86089.042.74$55,611
Aug 20235183,97580.522.67$52,334
Jul 20234903,34074.852.64$45,500
Jun 20233212,00668.962.26$26,667
May 20232712,36670.622.23$24,408
Apr 20232782,70278.122.24$27,764
Mar 20232673,33272.852.39$27,425
Feb 20232583,07675.112.47$26,963
Jan 20233553,44376.533.39$38,832
Dec 20223693,48976.415.73$48,184
Nov 20223283,62585.005.65$48,347
Oct 20224993,56987.185.86$64,431
Sep 20224743,73584.888.16$70,724
Aug 20223853,49794.529.13$68,308
Jul 20224223,728101.587.54$70,984
Jun 20222992,702115.097.98$55,966
May 20226042,127109.378.43$83,997
Apr 20225634,064104.226.84$86,464
Mar 20225594,194108.885.08$82,154
Feb 20226154,58491.054.86$78,269
Jan 20227985,99681.844.54$92,516
Dec 20216806,03271.323.90$72,017
Nov 20216054,63877.435.24$71,134
Oct 20217675,89579.795.71$94,882
Sep 20217254,88669.865.35$76,793
Aug 202129050766.024.22$21,286
Jul 20214001,96870.783.98$36,149
Jun 20213822,77869.493.38$35,937
May 20215022,80463.483.02$40,329
Apr 20216535,00560.362.76$53,221
Mar 20217285,67461.302.72$60,042
Feb 20211,0823,32657.805.55$80,992
Jan 20217295,45150.412.81$52,068
Dec 20206855,57444.642.68$45,491
Nov 20206524,99438.772.71$38,795
Oct 20207965,70736.972.48$43,573
Sep 20208016,03837.091.99$41,731
Aug 20207636,83439.982.39$46,805
Jul 20208826,89438.371.83$46,425
Jun 202099212,17734.901.69$55,204
May 20202016.921.81$34
Apr 20208036,09414.751.80$22,840
Mar 20208025,82130.341.86$35,138
Feb 20208095,91049.881.98$52,059
Jan 20208826,52557.252.09$64,163
Dec 20199276,76459.012.30$70,289
Nov 20199016,35455.302.75$67,303
Oct 20199757,01253.472.42$69,092
Sep 20198636,86655.052.66$65,753
Aug 20199247,27353.112.30$65,833
Jul 20191,1918,18156.272.46$87,143
Jun 20191,2528,46152.782.49$87,159
May 20191,1939,32358.482.74$95,315
Apr 20191,1807,40162.632.75$94,261
Mar 20191,0357,28656.803.06$81,098
Feb 20191,0847,46650.852.79$75,968
Jan 20191,1969,45646.033.23$85,578
Dec 20182252,79846.594.19$22,194
Nov 20182,7375,96052.934.24$170,123
Oct 20183,4279,60261.443.40$243,183
Sep 201842411959.543.11$25,615
Aug 20181,01530759.403.07$61,232
Jul 20181,8449,93565.142.93$149,246
Jun 20181,76510,61460.183.08$138,876
May 20181,3899,70265.382.90$118,956
Apr 20182,05710,91263.842.90$162,972
Mar 20181,69711,17561.222.79$135,033
Feb 20181,2968,99061.782.77$104,934
Jan 20181,36711,55162.874.01$132,255
Dec 20171,37111,03157.272.92$110,744
Nov 20171,36610,76755.423.12$109,279
Oct 20171,56012,14249.292.98$113,120
Sep 20171,58812,35347.523.09$113,599
Aug 20171,68213,91845.373.00$118,128
Jul 20171,78314,85343.873.09$124,076
Jun 20171,83714,79742.493.09$123,737
May 20172,20415,93345.373.26$151,991
Apr 20172,03115,86047.933.21$148,282
Mar 20172,12517,09746.772.98$150,398
Feb 20171,94416,45350.452.95$146,654
Jan 20172,30818,26249.413.42$176,472
Dec 20162,25416,15848.763.72$170,059
Nov 20162,45417,99142.492.64$151,845
Oct 20162,96819,80346.193.09$198,288
Sep 20163,28119,64141.553.10$197,225
Aug 20164,03022,01541.442.92$231,383
Jul 20165,09420,66941.622.92$272,455
Jun 20160045.352.69$0
May 2016613542.521.99$2,663
Apr 20161,7948,87636.561.99$83,261
Mar 20164,23820,59833.011.79$176,849
Feb 20164,48020,62626.472.06$161,150
Jan 20165,15322,74727.352.36$194,717
Dec 20155,63824,01532.362.00$230,510
Nov 20156,05824,63638.792.17$288,384
Oct 20157,03127,95543.552.43$374,035
Sep 20157,44127,44442.992.76$395,591
Aug 20158,61129,98640.162.87$431,952
Jul 201510,10331,52248.152.95$579,294

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           381 bbl  × $106.41 =    $40,542
Gas                2,157 Mcf  × $  3.05 =     $6,570

────────────────────────────────────────────────────
Month total                                  $47,112

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/278353 is the state's own key, not one this site invented.