FAITH-BONITA

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 280531District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Jul 2016 – May 2026
Value, last 12 filed months
$587 k
at the published price for each month
Months reported
119
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 Gas112016-12-08219672
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
CondensateDisposition162,843 bbl$9,066,959
GasProduction980,172 Mcf$3,187,647
Total$12,254,605

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 28.2797, -99.9070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.27966, -99.90700 · 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
7,226 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 7,226 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-12735750F 5H7,226 ftMay 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 (119)

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

119 months

May 20263753,175106.413.05$49,574
Apr 20264282,52898.932.87$49,597
Mar 20264532,39389.753.15$48,193
Feb 20263752,76163.503.75$34,167
Jan 20265232,80659.138.00$53,367
Dec 20255873,23056.664.41$47,515
Nov 20256573,74358.593.93$53,190
Oct 20255563,11459.383.30$43,307
Sep 20254492,94562.743.08$37,232
Aug 20257004,07063.933.01$57,021
Jul 20256983,92766.743.32$59,603
Jun 20256523,47066.483.13$54,202
May 20256604,25760.553.23$53,723
Apr 20255974,60062.363.54$53,527
Mar 20254833,32367.704.27$46,883
Feb 20255154,42170.884.34$55,694
Jan 20255293,60074.324.28$54,719
Dec 20247684,45368.993.12$66,884
Nov 20246004,21269.052.20$50,690
Oct 20246724,27771.372.28$57,718
Sep 20244082,80469.612.36$35,031
Aug 20245072,35275.632.06$43,198
Jul 20246694,68779.932.15$63,534
Jun 20245654,65978.082.63$56,387
May 20246696,04878.812.20$66,020
Apr 20245272,88384.451.66$49,289
Mar 20246272,94580.301.55$54,899
Feb 20245572,64576.091.78$47,100
Jan 20245902,59973.023.30$51,652
Dec 20236283,01671.262.61$52,625
Nov 20236323,90877.892.81$60,198
Oct 20235323,28485.443.09$55,593
Sep 20236313,69989.042.74$66,301
Aug 20236675,79080.522.67$69,183
Jul 20235364,55974.852.64$52,164
Jun 20235214,06468.962.26$45,107
May 20235955,44770.622.23$54,152
Apr 20236695,01578.122.24$63,485
Mar 20238315,57472.852.39$73,878
Feb 20235513,70675.112.47$50,523
Jan 20236933,80176.533.39$65,912
Dec 20227233,39676.415.73$74,700
Nov 20225813,38285.005.65$68,480
Oct 20226564,05987.185.86$80,991
Sep 20228224,83684.888.16$109,251
Aug 20228415,30594.529.13$127,911
Jul 20227785,098101.587.54$117,479
Jun 20227584,814115.097.98$125,640
May 20225835,393109.378.43$109,242
Apr 20226456,027104.226.84$108,432
Mar 20221,1307,264108.885.08$159,909
Feb 20228045,39091.054.86$99,393
Jan 20221,1097,27181.844.54$123,754
Dec 20214123,68771.323.90$43,760
Nov 20217474,63677.435.24$82,118
Oct 20211,0587,20179.795.71$125,563
Sep 20219016,36969.865.35$97,024
Aug 20218926,46066.024.22$86,155
Jul 20219396,16070.783.98$90,992
Jun 20219926,15469.493.38$89,738
May 20218236,30063.483.02$71,255
Apr 20219667,33360.362.76$78,535
Mar 20219776,82961.302.72$78,444
Feb 20213432,27757.805.55$32,458
Jan 20211,0376,10650.412.81$69,435
Dec 20209395,11944.642.68$55,613
Nov 20201,1006,85338.772.71$61,195
Oct 20201,2787,89236.972.48$66,807
Sep 20201,2937,75937.091.99$63,406
Aug 20201,2607,55239.982.39$68,387
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20203016.921.81$51
Apr 20209035,03414.751.80$22,403
Mar 20201,2517,40830.341.86$51,706
Feb 20201,1806,97649.881.98$72,676
Jan 20201,2377,03057.252.09$85,544
Dec 20191,3808,21559.012.30$100,364
Nov 20191,0315,92455.302.75$73,309
Oct 20191,1577,78153.472.42$80,683
Sep 20191,2968,32955.052.66$93,477
Aug 20197398,98753.112.30$59,958
Jul 20191,39812,98156.272.46$110,600
Jun 20191,37410,49552.782.49$98,665
May 20191,18611,46658.482.74$100,778
Apr 20191,35810,19462.632.75$113,092
Mar 20191,3009,89756.803.06$104,146
Feb 20197639,75650.852.79$66,039
Jan 201987810,87246.033.23$75,511
Dec 20188619,36646.594.19$79,315
Nov 20184836752.934.24$4,096
Oct 20181,14010,22061.443.40$104,770
Sep 20181,22010,92859.543.11$106,603
Aug 20181,34711,98659.403.07$116,768
Jul 20181,58813,04965.142.93$141,700
Jun 20181,62412,77360.183.08$137,034
May 20181,07011,57165.382.90$103,522
Apr 20181,44912,19563.842.90$127,879
Mar 20182,21413,02661.222.79$171,842
Feb 20182,06211,89961.782.77$160,304
Jan 20181,73013,78462.874.01$164,030
Dec 20172,16513,49757.272.92$163,421
Nov 20172,43413,74255.423.12$177,745
Oct 20172,42514,13549.292.98$161,703
Sep 20172,40214,36847.523.09$158,501
Aug 20172,63216,67145.373.00$169,500
Jul 20172,95217,93243.873.09$184,865
Jun 20172,95217,46042.493.09$179,334
May 20173,14517,87445.373.26$201,019
Apr 20173,32918,01447.933.21$217,413
Mar 20173,65719,37446.772.98$228,844
Feb 20173,60719,11750.452.95$238,418
Jan 20174,04319,93449.413.42$267,915
Dec 20164,35120,86348.763.72$289,824
Nov 20164,85022,45942.492.64$265,466
Oct 20165,87929,67446.193.09$363,251
Sep 20167,10231,17041.553.10$391,735
Aug 20168,71035,79741.442.92$465,625
Jul 201612,15243,87041.622.92$634,057

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           375 bbl  × $106.41 =    $39,904
Gas                3,175 Mcf  × $  3.05 =     $9,671

────────────────────────────────────────────────────
Month total                                  $49,574

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/280531 is the state's own key, not one this site invented.