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 280981District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Jun 2016 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
120
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 Gas112017-02-23219936
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
CondensateDisposition152,808 bbl$7,819,196
GasProduction773,649 Mcf$2,351,045
Total$10,170,241

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 28.2618, -99.9220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26179, -99.92198 · 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
7,119 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 7,119 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-12736460A 4H7,119 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 (120)

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

120 months

May 20261814106.413.05$1,958
Apr 2026322098.932.87$3,223
Mar 2026765689.753.15$6,997
Feb 2026793963.503.75$5,163
Jan 20269594559.138.00$13,175
Dec 202525340856.664.41$16,136
Nov 20252899258.593.93$17,294
Oct 202532816559.383.30$20,022
Sep 202533221462.743.08$21,488
Aug 20251919063.933.01$12,482
Jul 202535115766.743.32$23,946
Jun 202534947866.483.13$24,697
May 20253632,59960.553.23$30,380
Apr 20252711,11462.363.54$20,847
Mar 20252661,59467.704.27$24,812
Feb 202535098670.884.34$29,088
Jan 202521730874.324.28$17,445
Dec 20242411,61268.993.12$21,658
Nov 20243582,40069.052.20$29,996
Oct 20242212,22371.372.28$20,844
Sep 202411034969.612.36$8,482
Aug 202420626475.632.06$16,125
Jul 20241892,29979.932.15$20,042
Jun 2024812978.082.63$6,401
May 20249862578.812.20$9,097
Apr 2024110084.451.66$9,290
Mar 2024721,17280.301.55$7,592
Feb 2024144076.091.78$10,957
Jan 202422030973.023.30$17,083
Dec 202319886871.262.61$16,376
Nov 20232061,85377.892.81$21,248
Oct 20231982,59885.443.09$24,938
Sep 20231311,14889.042.74$14,804
Aug 20233061,71680.522.67$29,226
Jul 20231861,61274.852.64$18,181
Jun 202311168868.962.26$9,208
May 20232382,65670.622.23$22,724
Apr 20232532,31678.122.24$24,947
Mar 202320229472.852.39$15,419
Feb 20232782,11475.112.47$26,093
Jan 20232272,03776.533.39$24,273
Dec 202219632476.415.73$16,833
Nov 20223132,11185.005.65$38,524
Oct 20224361,73387.185.86$48,172
Sep 20224864,01484.888.16$74,021
Aug 202249935894.529.13$50,433
Jul 2022221226101.587.54$24,154
Jun 202224206115.097.98$4,405
May 202225245109.378.43$4,800
Apr 202238196104.226.84$5,301
Mar 2022227199108.885.08$25,726
Feb 20222331,11691.054.86$26,637
Jan 20223303,69581.844.54$43,774
Dec 20211181,30071.323.90$13,485
Nov 20213912,18577.435.24$41,718
Oct 20213812079.795.71$3,718
Sep 202122117569.865.35$16,375
Aug 20213711,01566.024.22$28,777
Jul 202122537670.783.98$17,423
Jun 20211,1053,22969.493.38$87,702
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021289961.302.72$1,985
Feb 20212071,14157.805.55$18,295
Jan 20211,0075,91050.412.81$67,372
Dec 20201,0669,00344.642.68$71,673
Nov 20207777,10438.772.71$49,352
Oct 20208016,04036.972.48$44,583
Sep 20208395,97537.091.99$43,015
Aug 20201,1587,78639.982.39$64,867
Jul 20201,3936,83638.371.83$65,926
Jun 20203541,62934.901.69$15,108
May 20201016.921.81$17
Apr 20204512,75014.751.80$11,614
Mar 202017928730.341.86$5,964
Feb 20204772,60749.881.98$28,956
Jan 20206464,03957.252.09$45,444
Dec 20196764,78459.012.30$50,915
Nov 20198106,58155.302.75$62,895
Oct 20198946,56853.472.42$63,687
Sep 20199227,08455.052.66$69,580
Aug 20199618,23053.112.30$70,004
Jul 20191,0467,10256.272.46$76,330
Jun 20199186,71952.782.49$65,190
May 20198427,03458.482.74$68,516
Apr 20196546,80262.632.75$59,670
Mar 20196688,81256.803.06$64,926
Feb 20191,1137,41450.852.79$77,298
Jan 20191,1326,65546.033.23$73,590
Dec 20188617,86246.594.19$73,020
Nov 20181,3498,75052.934.24$108,478
Oct 20181,6656,22861.443.40$123,461
Sep 20181,3445,27559.543.11$96,416
Aug 20181,7075,00959.403.07$116,756
Jul 20181,9837,76465.142.93$151,936
Jun 20182,1478,17360.183.08$154,354
May 20181,83810,14465.382.90$149,594
Apr 20181,9586,70363.842.90$144,443
Mar 20182,4798,76561.222.79$176,191
Feb 20182,9118,51761.782.77$203,401
Jan 20183,97810,65162.874.01$292,800
Dec 20174,56611,11157.272.92$293,956
Nov 20173,75711,71255.423.12$244,735
Oct 20173,16812,37649.292.98$193,077
Sep 20171,81512,06147.523.09$123,484
Aug 20172,14814,25945.373.00$140,295
Jul 20172,43116,73843.873.09$158,323
Jun 20172,49218,18342.493.09$162,021
May 20172,89620,81745.373.26$199,326
Apr 20172,91616,92247.933.21$194,111
Mar 20173,09618,75646.772.98$200,762
Feb 20173,16619,13250.452.95$216,214
Jan 20174,37324,12149.413.42$298,535
Dec 20164,54526,39648.763.72$319,882
Nov 20165,14728,97442.492.64$295,313
Oct 20166,72136,69146.193.09$423,828
Sep 20167,82837,32441.553.10$440,981
Aug 20169,67241,45741.442.92$522,042
Jul 201612,26347,17741.622.92$648,348
Jun 201611,62757,32645.352.69$681,252

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            18 bbl  × $106.41 =     $1,915
Gas                   14 Mcf  × $  3.05 =        $43

────────────────────────────────────────────────────
Month total                                   $1,958

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/280981 is the state's own key, not one this site invented.