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 278615District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.1 M
Sep 2015 – May 2026
Value, last 12 filed months
$415 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
CondensateDisposition102,381 bbl$5,020,261
GasProduction1,717,526 Mcf$5,121,660
Total$10,141,921

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 20261775,626106.413.05$35,970
Apr 20262326,82398.932.87$42,532
Mar 20261514,21489.753.15$26,824
Feb 20262135,36163.503.75$33,631
Jan 20261303,11459.138.00$32,592
Dec 20251302,93556.664.41$20,319
Nov 20251443,77358.593.93$23,251
Oct 20251645,70859.383.30$28,602
Sep 20251947,23662.743.08$34,436
Aug 202531511,02763.933.01$53,382
Jul 202527410,94966.743.32$54,585
Jun 2025987,16266.483.13$28,923
May 20253036,50660.553.23$39,376
Apr 202552711,94862.363.54$75,197
Mar 20252806,54967.704.27$46,909
Feb 20253967,48670.884.34$60,564
Jan 20253298,29874.324.28$59,956
Dec 20243408,09468.993.12$48,721
Nov 20242918,38169.052.20$38,519
Oct 20242588,71871.372.28$38,303
Sep 202424910,12669.612.36$41,274
Aug 20242633,35375.632.06$26,810
Jul 20241812,28079.932.15$19,362
Jun 20242703,90178.082.63$31,357
May 20243173,36278.812.20$32,374
Apr 20243434,73984.451.66$36,829
Mar 20243303,63480.301.55$32,114
Feb 20242862,06676.091.78$25,447
Jan 20244454,23073.023.30$46,443
Dec 20234538,33771.262.61$54,046
Nov 20233437,90077.892.81$48,896
Oct 20233879,57685.443.09$62,629
Sep 202343413,30989.042.74$75,044
Aug 20231563880.522.67$2,913
Jul 2023292174.852.64$2,226
Jun 20233526,81768.962.26$39,670
May 20234297,83770.622.23$47,752
Apr 202349410,58678.122.24$62,280
Mar 20231186,14772.852.39$23,307
Feb 20231018275.112.47$1,200
Jan 20231212,44176.533.39$17,530
Dec 20221854,24676.415.73$38,462
Nov 20222624,93485.005.65$50,128
Oct 20222836,25287.185.86$61,332
Sep 20222626,27784.888.16$73,482
Aug 20222245,25594.529.13$69,136
Jul 20222857,230101.587.54$83,480
Jun 20222726,332115.097.98$81,816
May 20221914,904109.378.43$62,245
Apr 20223227,528104.226.84$85,032
Mar 20223096,243108.885.08$65,336
Feb 20222935,55791.054.86$53,678
Jan 20223696,14681.844.54$58,088
Dec 20214168,32671.323.90$62,133
Nov 20213316,54477.435.24$59,899
Oct 20213437,47079.795.71$70,051
Sep 20213457,96869.865.35$66,738
Aug 20214258,48966.024.22$63,887
Jul 20213858,30270.783.98$60,310
Jun 20213728,16469.493.38$53,450
May 20213968,25963.483.02$50,061
Apr 20214187,80360.362.76$46,754
Mar 20214499,38361.302.72$53,017
Feb 20213305,89257.805.55$51,763
Jan 20214638,06850.412.81$46,013
Dec 20204198,16744.642.68$40,555
Nov 20203858,81938.772.71$38,796
Oct 20204309,84436.972.48$40,295
Sep 20202587,27437.091.99$24,052
Aug 202033712,67839.982.39$43,712
Jul 202038311,60938.371.83$35,884
Jun 202024212,72734.901.69$29,958
May 20201365,00016.921.81$11,375
Apr 20203948,80814.751.80$21,704
Mar 20203898,76830.341.86$28,078
Feb 20204178,80449.881.98$38,238
Jan 20204038,09057.252.09$40,018
Dec 20194059,14859.012.30$44,979
Nov 201956911,88155.302.75$64,147
Oct 201946810,37253.472.42$50,109
Sep 201950011,55955.052.66$58,241
Aug 201948917,28153.112.30$65,792
Jul 201953616,94856.272.46$71,854
Jun 201952814,78152.782.49$64,690
May 201953414,70358.482.74$71,519
Apr 201954716,15162.632.75$78,685
Mar 201957618,89856.803.06$90,584
Feb 20191,05929,77150.852.79$136,977
Jan 20191,10626,26046.033.23$135,681
Dec 20181,06731,92946.594.19$183,348
Nov 201890226,65352.934.24$160,678
Oct 201880926,21261.443.40$138,775
Sep 201846715,86959.543.11$77,126
Aug 20180159.403.07$3
Jul 201864311,82365.142.93$76,549
Jun 201876115,39660.183.08$93,169
May 20184618,81165.382.90$55,699
Apr 20184108,10863.842.90$49,694
Mar 20181,14321,98261.222.79$131,235
Feb 201890216,00261.782.77$99,989
Jan 201895112,89662.874.01$111,494
Dec 201775211,28457.272.92$76,033
Nov 201787612,46855.423.12$87,428
Oct 201795315,41149.292.98$92,955
Sep 201759013,11847.523.09$68,536
Aug 201779214,14045.373.00$78,415
Jul 20176537,26043.873.09$51,061
Jun 20171,08316,50542.493.09$96,972
May 20171,17218,34845.373.26$113,051
Apr 20171,20316,64447.933.21$111,114
Mar 20171,47319,57946.772.98$127,310
Feb 20171,42621,30650.452.95$134,850
Jan 20171,58423,15249.413.42$157,418
Dec 20161,83224,44348.763.72$180,325
Nov 20161,75225,15142.492.64$140,951
Oct 20162,08527,88746.193.09$182,484
Sep 20161,99729,22441.553.10$173,588
Aug 20162,36434,08241.442.92$197,632
Jul 20162,67638,40641.622.92$223,687
Jun 20162,34632,97145.352.69$194,946
May 20163,04439,00042.521.99$207,081
Apr 20163,04938,19136.561.99$187,511
Mar 20163,67540,73833.011.79$194,396
Feb 20163,60135,01126.472.06$167,568
Jan 20164,67249,55527.352.36$244,945
Dec 20155,29053,49932.362.00$278,258
Nov 20155,75558,21738.792.17$349,412
Oct 20156,00466,32043.552.43$422,405
Sep 201591114,63142.992.76$79,522

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           177 bbl  × $106.41 =    $18,835
Gas                5,626 Mcf  × $  3.05 =    $17,136

────────────────────────────────────────────────────
Month total                                  $35,970

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/278615 is the state's own key, not one this site invented.