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 280488District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.3 M
Apr 2016 – May 2026
Value, last 12 filed months
$669 k
at the published price for each month
Months reported
122
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 Gas112016-12-09219679
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
CondensateDisposition171,593 bbl$9,281,535
GasProduction1,865,695 Mcf$5,990,137
Total$15,271,672

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 28.2269, -99.8573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22694, -99.85735 · 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
7,738 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 7,738 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-12737215N 1H7,738 ftApr 2016

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 (122)

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

122 months

May 20262984,717106.413.05$46,077
Apr 20264266,01798.932.87$59,411
Mar 20264395,77689.753.15$57,591
Feb 20265615,12263.503.75$54,833
Jan 20264025,19259.138.00$65,295
Dec 20254334,90556.664.41$46,181
Nov 20252799,43358.593.93$53,385
Oct 20251889,42259.383.30$42,302
Sep 202520510,72062.743.08$45,846
Aug 202540510,78263.933.01$58,397
Jul 20254379,76466.743.32$61,535
Jun 202565811,09166.483.13$78,444
May 20255959,38760.553.23$66,369
Apr 20256519,91862.363.54$75,737
Mar 20255178,32867.704.27$70,547
Feb 20253645,71270.884.34$50,595
Jan 20254263,77774.324.28$47,821
Dec 20243335,10268.993.12$38,899
Nov 20243667,24369.052.20$41,196
Oct 202436480371.372.28$27,811
Sep 20245685,92569.612.36$53,547
Aug 20244856,39975.632.06$49,886
Jul 2024846,44079.932.15$20,538
Jun 20242243878.082.63$17,590
May 20245828,17378.812.20$63,835
Apr 202465910,15584.451.66$72,502
Mar 20243044,56080.301.55$31,457
Feb 20245285,72776.091.78$50,390
Jan 20242771,62273.023.30$25,575
Dec 20236496,11571.262.61$62,212
Nov 20235518,76277.892.81$67,517
Oct 20235406,20385.443.09$65,288
Sep 20234808,15789.042.74$65,049
Aug 202357610,61780.522.67$74,757
Jul 20235368,94574.852.64$63,751
Jun 20235458,29868.962.26$56,324
May 202373710,29370.622.23$74,974
Apr 20235569,31778.122.24$64,284
Mar 202358610,76872.852.39$68,460
Feb 20231534,64175.112.47$22,935
Jan 20236111176.533.39$5,044
Dec 20228131276.415.73$7,977
Nov 20223976,67185.005.65$71,411
Oct 20224409,95587.185.86$96,733
Sep 202233412,42584.888.16$129,784
Aug 202251010,45894.529.13$143,657
Jul 202261512,943101.587.54$160,089
Jun 202270413,010115.097.98$184,807
May 202253911,319109.378.43$154,404
Apr 202267712,723104.226.84$157,552
Mar 202279712,732108.885.08$151,410
Feb 20228509,40591.054.86$123,090
Jan 20227797,39681.844.54$97,314
Dec 202189610,05171.323.90$103,093
Nov 202164911,76277.435.24$111,848
Oct 202199515,83079.795.71$169,842
Sep 202184113,90669.865.35$133,162
Aug 20211,00615,60066.024.22$132,257
Jul 20211,0939,48370.783.98$115,125
Jun 202162211,86269.493.38$83,324
May 202198313,38763.483.02$102,798
Apr 20211,01713,57160.362.76$98,821
Mar 202192813,23561.302.72$92,845
Feb 20216695,87757.805.55$71,274
Jan 20211,08015,87150.412.81$99,045
Dec 20201,37712,87944.642.68$95,927
Nov 202051415,36538.772.71$61,514
Oct 202097815,44436.972.48$74,434
Sep 20201,26214,10537.091.99$74,891
Aug 20201,08516,71239.982.39$83,238
Jul 20201,40622,73838.371.83$95,448
Jun 20201,01425,64334.901.69$78,733
May 20200016.921.81$0
Apr 20201,04913,92014.751.80$40,590
Mar 20201,22414,59130.341.86$64,220
Feb 20201,25115,59249.881.98$93,282
Jan 20201,14513,78857.252.09$94,434
Dec 20191,47516,14059.012.30$124,232
Nov 201991311,87455.302.75$83,151
Oct 201955910,57553.472.42$55,466
Sep 201961012,95055.052.66$67,992
Aug 20195084,98053.112.30$38,456
Jul 20192,05921,62856.272.46$169,066
Jun 20191,63916,34152.782.49$127,215
May 20191,73117,94158.482.74$150,393
Apr 20191,22912,32762.632.75$110,880
Mar 20191,75517,41956.803.06$153,023
Feb 20191,39513,26250.852.79$107,966
Jan 20191,87217,59546.033.23$142,968
Dec 20181,4259,56546.594.19$106,424
Nov 20182,14223,68652.934.24$213,739
Oct 201899410,83161.443.40$97,876
Sep 20181,68821,27159.543.11$166,614
Aug 20181,83521,73659.403.07$175,654
Jul 20182,20824,09665.142.93$214,476
Jun 20181,86124,44460.183.08$187,207
May 20182,24525,60165.382.90$221,041
Apr 20182,44025,87163.842.90$230,816
Mar 20182,59128,91661.222.79$239,205
Feb 20182,56429,04661.782.77$238,749
Jan 20183,35732,60862.874.01$341,791
Dec 20173,03843,62657.272.92$301,440
Nov 20170055.423.12$0
Oct 2017379149.292.98$18,684
Sep 20172,07019,48347.523.09$158,516
Aug 20172,71822,67145.373.00$191,428
Jul 20172,67222,55943.873.09$186,867
Jun 20172,80221,43242.493.09$185,224
May 20172,86622,94345.373.26$204,903
Apr 20173,02124,43447.933.21$223,269
Mar 20172,46221,57146.772.98$179,509
Feb 20172,72321,99250.452.95$202,309
Jan 20174,20535,33349.413.42$328,566
Dec 20164,61637,63348.763.72$365,177
Nov 20164,84939,80242.492.64$311,284
Oct 20165,62844,56646.193.09$397,678
Sep 20166,14748,69641.553.10$406,396
Aug 20167,38055,75941.442.92$468,885
Jul 20167,69359,64741.622.92$494,611
Jun 20168,09863,01945.352.69$536,503
May 20167,50057,53342.521.99$433,451
Apr 20161,79617,25436.561.99$100,015

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           298 bbl  × $106.41 =    $31,710
Gas                4,717 Mcf  × $  3.05 =    $14,367

────────────────────────────────────────────────────
Month total                                  $46,077

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/280488 is the state's own key, not one this site invented.