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 286215District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.1 M
Sep 2018 – May 2026
Value, last 12 filed months
$348 k
at the published price for each month
Months reported
93
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

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
CondensateDisposition106,308 bbl$6,416,338
GasProduction1,064,546 Mcf$3,675,553
Total$10,091,891

Every month this lease reported (93)

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

93 months

May 20262522,754106.413.05$35,204
Apr 20262312,60598.932.87$30,328
Mar 20262362,59589.753.15$29,354
Feb 20262322,38863.503.75$23,688
Jan 20262582,74159.138.00$37,178
Dec 20252752,91056.664.41$28,424
Nov 20252613,02558.593.93$27,169
Oct 20252573,20759.383.30$25,859
Sep 20252813,06262.743.08$27,051
Aug 20252572,61963.933.01$24,326
Jul 20253062,95566.743.32$30,219
Jun 20253032,90466.483.13$29,229
May 20253543,14160.553.23$31,587
Apr 20253712,70062.363.54$32,702
Mar 20253153,13867.704.27$34,719
Feb 20253042,88070.884.34$34,049
Jan 20253453,34474.324.28$39,948
Dec 20243603,38968.993.12$35,415
Nov 20243923,50969.052.20$34,782
Oct 20244543,55371.372.28$40,508
Sep 20244593,39369.612.36$39,973
Aug 20243051,89275.632.06$26,972
Jul 202408679.932.15$185
Jun 202406778.082.63$176
May 2024512778.812.20$673
Apr 20241181,10284.451.66$11,794
Mar 20242262,63480.301.55$22,218
Feb 20242563,06276.091.78$24,941
Jan 20242793,10473.023.30$30,609
Dec 20233193,76071.262.61$32,548
Nov 20234985,18377.892.81$53,341
Oct 20235104,70185.443.09$58,088
Sep 20234244,14589.042.74$49,090
Aug 20233714,00880.522.67$40,586
Jul 20233223,22674.852.64$32,624
Jun 20235296,64968.962.26$51,496
May 20237427,37970.622.23$68,836
Apr 20236867,24478.122.24$69,801
Mar 20232557,77272.852.39$37,176
Feb 202329075.112.47$2,178
Jan 202391911,72476.533.39$110,049
Dec 202261711,08576.415.73$110,652
Nov 20226228,80485.005.65$102,579
Oct 20226838,69987.185.86$110,553
Sep 20226728,13684.888.16$123,459
Aug 20226798,49394.529.13$141,696
Jul 20225907,081101.587.54$113,338
Jun 20227378,158115.097.98$149,899
May 20227709,018109.378.43$160,264
Apr 20228439,347104.226.84$151,769
Mar 20221,04711,014108.885.08$169,909
Feb 20221,60317,54191.054.86$231,182
Jan 20222,07123,81981.844.54$277,574
Dec 20212,13426,60471.323.90$255,929
Nov 20211,51023,06977.435.24$237,728
Oct 20211,13319,99979.795.71$204,674
Sep 202187912,68569.865.35$129,283
Aug 20217376,25266.024.22$75,044
Jul 20217166,35870.783.98$75,997
Jun 20216375,95169.493.38$64,383
May 20217386,88563.483.02$67,625
Apr 20217686,59960.362.76$64,559
Mar 20219147,86761.302.72$77,402
Feb 20217418,07357.805.55$87,618
Jan 20219207,42950.412.81$67,255
Dec 20208657,38044.642.68$58,358
Nov 20208707,69838.772.71$54,565
Oct 20209058,74636.972.48$55,134
Sep 20201,00610,22637.091.99$57,673
Aug 20201,14913,15539.982.39$77,313
Jul 20201,36915,13638.371.83$80,154
Jun 20201,56618,93134.901.69$86,653
May 20202622,46716.921.81$8,910
Apr 20201,22111,88914.751.80$39,462
Mar 20201,18213,59630.341.86$61,099
Feb 20201,13120,55149.881.98$97,119
Jan 20201,73523,40557.252.09$148,356
Dec 20191,77520,24659.012.30$151,397
Nov 20191,34521,20255.302.75$132,699
Oct 20192,12224,68253.472.42$173,158
Sep 20192,19726,66755.052.66$191,807
Aug 20192,25828,13353.112.30$184,751
Jul 20192,82329,32856.272.46$230,999
Jun 20193,39329,62352.782.49$252,879
May 20193,04830,81358.482.74$262,685
Apr 20193,53332,10362.632.75$309,578
Mar 20193,82034,87456.803.06$323,764
Feb 20193,70533,88350.852.79$283,008
Jan 20195,41442,75946.033.23$387,240
Dec 20185,99342,46846.594.19$456,961
Nov 20185,84239,65852.934.24$477,258
Oct 20185,54838,46461.443.40$471,573
Sep 20184,17426,82059.543.11$331,877

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           252 bbl  × $106.41 =    $26,815
Gas                2,754 Mcf  × $  3.05 =     $8,388

────────────────────────────────────────────────────
Month total                                  $35,204

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/286215 is the state's own key, not one this site invented.