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 281150District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Aug 2016 – May 2026
Value, last 12 filed months
$360 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 Gas112017-05-04219948
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
CondensateDisposition134,888 bbl$7,209,642
GasProduction750,531 Mcf$2,297,414
Total$9,507,056

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 28.2504, -99.9322. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.25035, -99.93224 · 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
7,062 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 7,062 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-12736766B 4H7,062 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 20263342,437106.413.05$42,964
Apr 20263012,23798.932.87$36,197
Mar 20264734,57789.753.15$56,867
Feb 20263012,37763.503.75$28,028
Jan 202623984559.138.00$20,890
Dec 202522566756.664.41$15,692
Nov 202520586358.593.93$15,399
Oct 20255872,38959.383.30$42,751
Sep 20252831,07962.743.08$21,075
Aug 20253821,78263.933.01$29,794
Jul 20254031,63966.743.32$32,330
Jun 20251891,61666.483.13$17,621
May 20253371,12160.553.23$24,029
Apr 20255251,40962.363.54$37,731
Mar 20254031,39567.704.27$33,237
Feb 20253731,38770.884.34$32,459
Jan 20253772,12074.324.28$37,089
Dec 20242652,80868.993.12$27,047
Nov 20243091,26369.052.20$24,113
Oct 202441383871.372.28$31,388
Sep 20243241,09069.612.36$25,131
Aug 20242222575.632.06$16,841
Jul 20242471,37279.932.15$22,688
Jun 20241491878.082.63$11,681
May 20242002,71178.812.20$21,722
Apr 20244482,08484.451.66$41,291
Mar 20245502,45980.301.55$47,964
Feb 20245631,81576.091.78$46,076
Jan 20247442,56073.023.30$62,769
Dec 20238143,45671.262.61$67,028
Nov 20234691,05677.892.81$39,495
Oct 20232711,61385.443.09$28,134
Sep 20233753,08189.042.74$41,817
Aug 20234011,87680.522.67$37,303
Jul 20233702,76374.852.64$34,994
Jun 202323235068.962.26$16,789
May 20233251,17470.622.23$25,566
Apr 20235344,38778.122.24$51,533
Mar 20234802,50872.852.39$40,970
Feb 20235403,88075.112.47$50,126
Jan 20232501,06276.533.39$22,730
Dec 20225222,62076.415.73$54,896
Nov 202239390785.005.65$38,526
Oct 202243746287.185.86$40,807
Sep 202228582884.888.16$30,950
Aug 202228029594.529.13$29,158
Jul 2022237152101.587.54$25,221
Jun 2022196168115.097.98$23,898
May 20222291109.378.43$2,673
Apr 20223133,518104.226.84$56,676
Mar 20224652,174108.885.08$61,665
Feb 20224802,38691.054.86$55,297
Jan 20225831,26881.844.54$53,467
Dec 202136945971.323.90$28,107
Nov 20214341,73777.435.24$42,701
Oct 20216163,21779.795.71$67,532
Sep 20215122,46869.865.35$48,974
Aug 20216123,39866.024.22$54,746
Jul 20217303,75370.783.98$66,614
Jun 20216533,71269.493.38$57,926
May 20218434,88563.483.02$68,255
Apr 20219134,59560.362.76$67,784
Mar 20214841,13961.302.72$32,764
Feb 2021242057.805.55$1,498
Jan 20217914,30750.412.81$51,978
Dec 20208554,51444.642.68$50,244
Nov 20208715,87938.772.71$49,681
Oct 20208165,98636.972.48$45,003
Sep 20209485,93137.091.99$46,970
Aug 20209067,41239.982.39$53,900
Jul 20201,0767,36938.371.83$54,735
Jun 20207343,09734.901.69$30,851
May 20201328316.921.81$734
Apr 20206024,19814.751.80$16,454
Mar 20204934,09030.341.86$22,550
Feb 20207666,75649.881.98$51,589
Jan 20207905,06057.252.09$55,827
Dec 20198394,68759.012.30$60,310
Nov 20191,3312,05755.302.75$79,262
Oct 20191,4566,12253.472.42$92,659
Sep 20191,2018,09755.052.66$87,631
Aug 20197885,86053.112.30$55,354
Jul 20191,0688,14156.272.46$80,124
Jun 20191,0848,54152.782.49$78,491
May 20191,0809,50258.482.74$89,197
Apr 20191,2879,44162.632.75$106,574
Mar 20191,1646,50356.803.06$86,028
Feb 20199986,10050.852.79$67,781
Jan 20191,1206,77646.033.23$73,428
Dec 20188726,93046.594.19$69,632
Nov 20189947,29952.934.24$83,540
Oct 20181,3049,15261.443.40$111,217
Sep 20181,1889,65759.543.11$100,747
Aug 20181,2169,13559.403.07$100,243
Jul 20181,3969,60065.142.93$119,081
Jun 20181,55610,07860.183.08$124,649
May 20181,16410,55665.382.90$106,723
Apr 20181,55910,16163.842.90$129,002
Mar 20181,68910,75761.222.79$133,379
Feb 20181,0669,73761.782.77$92,791
Jan 20181,6699,51762.874.01$143,087
Dec 20171,48312,92357.272.92$122,686
Nov 20171,38912,36655.423.12$115,540
Oct 20171,45612,48949.292.98$109,029
Sep 20171,45012,75947.523.09$108,295
Aug 20171,66614,39645.373.00$118,838
Jul 20172,11215,97043.873.09$141,957
Jun 20172,30716,14042.493.09$147,853
May 20172,80616,97945.373.26$182,717
Apr 20172,81617,72747.933.21$191,903
Mar 20173,11318,97846.772.98$202,219
Feb 20173,65819,79550.452.95$242,993
Jan 20174,39924,04849.413.42$299,570
Dec 20165,27327,98648.763.72$361,299
Nov 20166,06228,56442.492.64$333,108
Oct 20167,91434,33846.193.09$471,661
Sep 20169,43241,87541.553.10$521,738
Aug 201612,98743,26941.442.92$664,715

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           334 bbl  × $106.41 =    $35,541
Gas                2,437 Mcf  × $  3.05 =     $7,423

────────────────────────────────────────────────────
Month total                                  $42,964

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/281150 is the state's own key, not one this site invented.