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 280918District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.8 M
Aug 2016 – May 2026
Value, last 12 filed months
$404 k
at the published price for each month
Months reported
118
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 Gas112017-06-15219957
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
CondensateDisposition171,783 bbl$9,322,017
GasProduction760,958 Mcf$2,438,468
Total$11,760,485

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 28.2615, -99.9291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26150, -99.92910 · 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
7,101 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 7,101 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-12736437P 1H7,101 ftJun 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 (118)

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

118 months

May 20263211,323106.413.05$38,187
Apr 202632651298.932.87$33,720
Mar 202629755389.753.15$28,397
Feb 20263903,24863.503.75$36,946
Jan 20264314,41459.138.00$60,788
Dec 202534588256.664.41$23,440
Nov 20253872,43158.593.93$32,220
Oct 20254262,70959.383.30$34,249
Sep 20254191,94162.743.08$32,260
Aug 20253771,14463.933.01$27,551
Jul 202535695566.743.32$26,925
Jun 20253861,16066.483.13$29,291
May 202537465360.553.23$24,756
Apr 202537534662.363.54$24,611
Mar 202532081067.704.27$25,121
Feb 20254021,97570.884.34$37,067
Jan 20254462,66774.324.28$44,558
Dec 20244172,04468.993.12$35,149
Nov 20244482,26669.052.20$35,916
Oct 20245083,21871.372.28$43,598
Sep 20242092,12869.612.36$19,580
Aug 20244324,85475.632.06$42,689
Jul 20245664,02879.932.15$53,887
Jun 20244991,92778.082.63$44,038
May 20244401,92678.812.20$38,911
Apr 20244681,77884.451.66$42,473
Mar 20244811,27880.301.55$40,599
Feb 20243791,97076.091.78$32,352
Jan 20245592,93473.023.30$50,494
Dec 20235452,25771.262.61$44,729
Nov 20235052,82477.892.81$47,263
Oct 20235323,01585.443.09$54,762
Sep 202352184089.042.74$48,687
Aug 20234921,56280.522.67$43,791
Jul 20235123,02374.852.64$46,309
Jun 20234753,04268.962.26$39,626
May 20236083,63770.622.23$51,038
Apr 20235113,59478.122.24$47,962
Mar 20235733,50672.852.39$50,133
Feb 20232512,01175.112.47$23,811
Jan 20234191,38376.533.39$36,751
Dec 20224712,44176.415.73$49,974
Nov 20225422,89585.005.65$62,416
Oct 20225418,15887.185.86$95,001
Sep 20228505,17284.888.16$114,371
Aug 20227402,52294.529.13$92,964
Jul 20227992,843101.587.54$102,605
Jun 20225632,109115.097.98$81,620
May 20227392,867109.378.43$105,002
Apr 20227863,128104.226.84$103,305
Mar 20228873,809108.885.08$115,913
Feb 20225812,11991.054.86$63,196
Jan 20227742,20281.844.54$73,336
Dec 20214202,39271.323.90$39,281
Nov 20214991,10777.435.24$44,435
Oct 20215611,63679.795.71$54,110
Sep 20216543,88069.865.35$66,450
Aug 20216363,49866.024.22$56,752
Jul 20216763,03370.783.98$59,925
Jun 20217123,22969.493.38$60,393
May 20219083,49363.483.02$68,181
Apr 20219155,13860.362.76$69,402
Mar 20219485,47861.302.72$72,996
Feb 20214052,32157.805.55$36,286
Jan 20211,0525,27450.412.81$67,853
Dec 20209885,61544.642.68$59,127
Nov 20201,0304,58538.772.71$52,343
Oct 20201,2184,94636.972.48$57,288
Sep 20201,1373,85237.091.99$49,841
Aug 20201,2694,68439.982.39$61,906
Jul 20201,3746,12838.371.83$63,905
Jun 20201,3347,46734.901.69$59,178
May 20203016.921.81$51
Apr 20201,2304,55614.751.80$26,363
Mar 20201,1314,64630.341.86$42,939
Feb 20201,1764,82149.881.98$68,208
Jan 20201,1424,58357.252.09$74,980
Dec 20191,0744,67259.012.30$74,143
Nov 20191,2635,26355.302.75$84,321
Oct 20191,2665,35553.472.42$80,644
Sep 20191,3655,37055.052.66$89,413
Aug 20191,3236,00153.112.30$84,093
Jul 20191,4395,56856.272.46$94,670
Jun 20191,5566,50452.782.49$98,328
May 20191,5906,56258.482.74$110,965
Apr 20191,5375,45762.632.75$111,273
Mar 20191,6767,04056.803.06$116,754
Feb 20191,7727,08750.852.79$109,895
Jan 20191,7727,07646.033.23$104,408
Dec 20181,3665,55546.594.19$86,892
Nov 20185611352.934.24$3,443
Oct 20181,1694,27361.443.40$86,343
Sep 20189904,07359.543.11$71,603
Aug 20181,8178,11259.403.07$132,806
Jul 20181,9038,51465.142.93$148,923
Jun 20181,9698,25760.183.08$143,901
May 20181,7929,43665.382.90$144,533
Apr 20182,0819,78363.842.90$161,230
Mar 20182,24611,17661.222.79$168,646
Feb 20182,08110,70261.782.77$158,167
Jan 20182,42811,31962.874.01$198,030
Dec 20172,67713,02657.272.92$191,368
Nov 20172,76813,82055.423.12$196,498
Oct 20172,92414,03349.292.98$185,994
Sep 20172,51412,86647.523.09$159,186
Aug 20173,02216,37745.373.00$186,311
Jul 20173,50719,44443.873.09$213,881
Jun 20173,77418,89042.493.09$218,676
May 20174,10318,85945.373.26$247,698
Apr 20174,52919,60647.933.21$280,042
Mar 20174,67021,35346.772.98$282,126
Feb 20174,61220,89750.452.95$294,376
Jan 20175,84025,58449.413.42$376,021
Dec 20166,41226,99648.763.72$413,151
Nov 20167,28630,36242.492.64$389,870
Oct 20168,71235,14446.193.09$511,011
Sep 20169,20732,59041.553.10$483,600
Aug 201610,27632,44841.442.92$520,726

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           321 bbl  × $106.41 =    $34,158
Gas                1,323 Mcf  × $  3.05 =     $4,030

────────────────────────────────────────────────────
Month total                                  $38,187

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/280918 is the state's own key, not one this site invented.