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 278614District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.8 M
Sep 2015 – May 2026
Value, last 12 filed months
$402 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
CondensateDisposition134,215 bbl$6,563,211
GasProduction2,117,026 Mcf$6,265,485
Total$12,828,696

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 20262505,937106.413.05$44,686
Apr 20262885,65998.932.87$44,732
Mar 20262215,63489.753.15$37,579
Feb 20261703,82963.503.75$25,155
Jan 20262084,36259.138.00$47,186
Dec 20251693,09556.664.41$23,235
Nov 20251472,82758.593.93$19,713
Oct 20251042,18359.383.30$13,390
Sep 20252034,97962.743.08$28,056
Aug 20252271,32163.933.01$18,495
Jul 20251,023066.743.32$68,275
Jun 20252404,99166.483.13$31,571
May 2025751,10560.553.23$8,113
Apr 20253036,19762.363.54$40,852
Mar 20253117,16567.704.27$51,637
Feb 20253656,41270.884.34$53,705
Jan 20253504,64074.324.28$45,865
Dec 20243634,92968.993.12$40,429
Nov 20243074,53769.052.20$31,173
Oct 20243184,28271.372.28$32,465
Sep 20241862,53569.612.36$18,941
Aug 2024791,59575.632.06$9,266
Jul 20242958,64679.932.15$42,139
Jun 20243688,73278.082.63$51,733
May 202447510,66578.812.20$60,881
Apr 202459313,29784.451.66$72,141
Mar 202451212,55180.301.55$60,507
Feb 20244969,60776.091.78$54,876
Jan 20241761,61573.023.30$18,177
Dec 20231632,84171.262.61$19,032
Nov 20233344,64777.892.81$39,062
Oct 20232945,77585.443.09$42,948
Sep 20231643,17089.042.74$23,273
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 20233496,08372.852.39$39,982
Feb 20231855,06975.112.47$26,394
Jan 202370076.533.39$5,357
Dec 20225476.415.73$405
Nov 20221886,86085.005.65$54,713
Oct 20224019,41887.185.86$90,184
Sep 202267412,63784.888.16$160,374
Aug 202247811,74294.529.13$152,352
Jul 202251412,278101.587.54$144,814
Jun 202249811,462115.097.98$148,749
May 202251012,884109.378.43$164,430
Apr 202245012,026104.226.84$129,128
Mar 20224157,265108.885.08$82,065
Feb 20224276,47891.054.86$70,354
Jan 20225387,48181.844.54$77,976
Dec 20217447,75071.323.90$83,280
Nov 20212168,45277.435.24$60,987
Oct 20214758,86479.795.71$88,548
Sep 20214598,22669.865.35$76,082
Aug 20216118,33366.024.22$75,508
Jul 20215938,40770.783.98$75,450
Jun 20214278,10169.493.38$57,059
May 20214758,11663.483.02$54,644
Apr 20216067,53360.362.76$57,357
Mar 20217209,71061.302.72$70,517
Feb 20211743,91457.805.55$31,772
Jan 20214848,01350.412.81$46,917
Dec 20205778,16944.642.68$47,613
Nov 20202228,31938.772.71$31,123
Oct 202089912,21036.972.48$63,498
Sep 202084416,04937.091.99$63,258
Aug 202090218,53339.982.39$80,265
Jul 202034319,91338.371.83$49,505
Jun 202085329,02234.901.69$78,826
May 20201416,08716.921.81$13,432
Apr 202077515,57814.751.80$39,540
Mar 202076616,71530.341.86$54,267
Feb 202079915,91249.881.98$71,371
Jan 202058716,85957.252.09$68,921
Dec 201970117,08859.012.30$80,743
Nov 201984117,47255.302.75$94,568
Oct 201966517,92453.472.42$78,907
Sep 201992218,78755.052.66$100,678
Aug 201965319,46753.112.30$79,540
Jul 20191,00620,69256.272.46$107,511
Jun 201975320,63652.782.49$91,152
May 20191,03522,60258.482.74$122,464
Apr 20191,09919,88262.632.75$123,520
Mar 20191,17920,56456.803.06$129,936
Feb 20191,02618,81150.852.79$104,697
Jan 20191,48222,33546.033.23$140,318
Dec 20181,39814,80246.594.19$127,086
Nov 201891614,44252.934.24$109,678
Oct 20181,00514,39961.443.40$110,676
Sep 201860919,92859.543.11$98,196
Aug 201814,35159.403.07$13,402
Jul 201894212,05465.142.93$96,703
Jun 201865417,88760.183.08$94,395
May 20181,08419,23665.382.90$126,672
Apr 20181,05919,18763.842.90$123,264
Mar 201899419,29561.222.79$114,625
Feb 20181,07319,18461.782.77$119,355
Jan 20181,47022,14462.874.01$181,201
Dec 20171,25723,44157.272.92$140,472
Nov 20171,51323,74155.423.12$157,883
Oct 20171,43325,64249.292.98$147,140
Sep 201790223,72047.523.09$116,093
Aug 20171,58625,96845.373.00$149,975
Jul 20171,63627,29443.873.09$156,036
Jun 20171,70426,47042.493.09$154,123
May 20171,56628,23345.373.26$163,185
Apr 20171,66727,65447.933.21$168,713
Mar 20171,96229,81646.772.98$180,724
Feb 20171,19317,34350.452.95$111,394
Jan 20172,16733,78149.413.42$222,562
Dec 20162,56635,08248.763.72$255,722
Nov 20162,37536,26542.492.64$196,811
Oct 20162,67139,46146.193.09$245,318
Sep 20162,91340,89541.553.10$247,835
Aug 20163,15045,30041.442.92$263,009
Jul 20163,11746,59641.622.92$265,992
Jun 20163,25746,33345.352.69$272,148
May 20164,27053,89742.521.99$288,871
Apr 20164,44454,84036.561.99$271,661
Mar 20165,25761,63733.011.79$284,111
Feb 20165,09061,14826.472.06$260,919
Jan 20166,01869,22727.352.36$328,270
Dec 20155,37458,64332.362.00$291,271
Nov 20155,76559,21238.792.17$351,956
Oct 20156,27873,08943.552.43$450,763
Sep 20151,34118,89742.992.76$109,775

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           250 bbl  × $106.41 =    $26,603
Gas                5,937 Mcf  × $  3.05 =    $18,083

────────────────────────────────────────────────────
Month total                                  $44,686

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/278614 is the state's own key, not one this site invented.