GATES 010 CHK-B TR 1

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 278604District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.5 M
Sep 2015 – May 2026
Value, last 12 filed months
$300 k
at the published price for each month
Months reported
129
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

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
CondensateDisposition117,607 bbl$5,435,298
GasProduction1,812,028 Mcf$5,096,095
Total$10,531,393

Every month this lease reported (129)

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

129 months

May 20261751,209106.413.05$22,304
Apr 202692098.932.87$9,102
Mar 20261115989.753.15$1,488
Feb 20261783,55063.503.75$24,617
Jan 20265284,75559.138.00$69,251
Dec 20252725,79956.664.41$41,005
Nov 20254105,02458.593.93$43,748
Oct 20258396,52459.383.30$71,381
Sep 20251083,42862.743.08$17,324
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20252066.483.13$133
May 20251942,72360.553.23$20,548
Apr 20253931,20562.363.54$28,777
Mar 20252824,05367.704.27$36,391
Feb 20259558970.884.34$9,290
Jan 20251303,41774.324.28$24,282
Dec 20242634,89868.993.12$33,433
Nov 20243275,85069.052.20$35,440
Oct 20243416,32171.372.28$38,758
Sep 20241512,81569.612.36$17,167
Aug 20243408,53375.632.06$43,323
Jul 20242224,54979.932.15$27,509
Jun 20242888,81878.082.63$45,713
May 20243669,37978.812.20$49,464
Apr 2024793,69784.451.66$12,806
Mar 2024505,53880.301.55$12,572
Feb 20243169,95576.091.78$41,801
Jan 20241561,94873.023.30$17,815
Dec 20232003,76971.262.61$24,092
Nov 20235396077.892.81$6,823
Oct 20231360285.443.09$2,969
Sep 20231289989.042.74$3,527
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20232068.962.26$138
May 20230070.622.23$0
Apr 20233078.122.24$234
Mar 20233955,86072.852.39$42,800
Feb 20233745,28875.112.47$41,130
Jan 202330516,47776.533.39$79,161
Dec 202211,25676.415.73$7,272
Nov 20221015185.005.65$1,703
Oct 2022922,18687.185.86$20,839
Sep 20222812584.888.16$3,397
Aug 20223794494.529.13$12,113
Jul 202236741101.587.54$9,246
Jun 2022391,049115.097.98$12,857
May 202249511109.378.43$9,668
Apr 20221112,688104.226.84$29,948
Mar 20223095,043108.885.08$59,244
Feb 20223024,95591.054.86$51,573
Jan 20223435,89481.844.54$54,816
Dec 20213173,78171.323.90$37,351
Nov 20211656,98277.435.24$49,340
Oct 20214429,35979.795.71$88,743
Sep 20212726,85369.865.35$55,672
Aug 20211266,12866.024.22$34,182
Jul 20211255,84470.783.98$32,119
Jun 20211286,81269.493.38$31,924
May 20212607,18663.483.02$38,190
Apr 20213108,62460.362.76$42,500
Mar 202121810,51761.302.72$41,937
Feb 20212254,12257.805.55$35,874
Jan 20214658,40450.412.81$47,058
Dec 20205709,03844.642.68$49,626
Nov 20201668,03638.772.71$28,186
Oct 20202918,70536.972.48$32,333
Sep 2020785,09737.091.99$13,041
Aug 20200039.982.39$0
Jul 202097638.371.83$484
Jun 2020642,61034.901.69$6,645
May 2020474,14916.921.81$8,325
Apr 20203288,80214.751.80$20,720
Mar 20203109,35030.341.86$26,761
Feb 20205079,44849.881.98$44,003
Jan 202050610,79957.252.09$51,590
Dec 201959210,99159.012.30$60,261
Nov 201963011,39355.302.75$66,178
Oct 201942410,37653.472.42$47,766
Sep 201952410,56355.052.66$56,915
Aug 201939613,86253.112.30$52,975
Jul 201981513,70356.272.46$79,570
Jun 201952212,91152.782.49$59,715
May 201956515,60458.482.74$75,801
Apr 201953514,83162.632.75$74,303
Mar 201969015,12556.803.06$85,506
Feb 201965510,66050.852.79$63,072
Jan 201995010,97646.033.23$79,161
Dec 20181,00314,30346.594.19$106,594
Nov 201855911,76352.934.24$79,431
Oct 201865113,44461.443.40$85,681
Sep 20183069,14659.543.11$46,645
Aug 201802,01359.403.07$6,173
Jul 201885510,41765.142.93$86,236
Jun 201859816,61260.183.08$87,101
May 20181,08319,24465.382.90$126,630
Apr 20181,11119,46563.842.90$127,390
Mar 20181,01018,91261.222.79$114,537
Feb 20181,12119,26861.782.77$122,553
Jan 20181,48821,95062.874.01$181,555
Dec 20171,31723,45657.272.92$143,952
Nov 20171,56923,99155.423.12$161,767
Oct 20171,48026,77449.292.98$152,834
Sep 201792626,06947.523.09$124,486
Aug 20171,66429,96845.373.00$165,532
Jul 20171,77833,36943.873.09$181,020
Jun 20171,90229,10042.493.09$170,656
May 20171,69531,81545.373.26$180,727
Apr 20171,94132,10447.933.21$196,137
Mar 20172,23737,33146.772.98$216,008
Feb 20171,31420,06750.452.95$125,541
Jan 20172,22835,59249.413.42$231,767
Dec 20162,37433,76448.763.72$241,454
Nov 20162,33635,15042.492.64$192,206
Oct 20162,57538,79546.193.09$238,826
Sep 20162,72439,27441.553.10$234,956
Aug 20162,60635,95741.442.92$213,143
Jul 20162,83441,90941.622.92$240,507
Jun 20163,07644,61545.352.69$259,325
May 20163,83751,99542.521.99$266,673
Apr 20163,93952,37036.561.99$248,281
Mar 20164,41555,11933.011.79$244,623
Feb 20164,90653,70426.472.06$240,687
Jan 20165,70861,27327.352.36$300,985
Dec 20157,26871,97032.362.00$379,234
Nov 20157,17979,14838.792.17$450,013
Oct 20157,95282,29943.552.43$546,015
Sep 20151,49322,66242.992.76$126,695

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           175 bbl  × $106.41 =    $18,622
Gas                1,209 Mcf  × $  3.05 =     $3,682

────────────────────────────────────────────────────
Month total                                  $22,304

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/278604 is the state's own key, not one this site invented.