FAITH-SAN PEDRO

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 286540District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.0 M
Aug 2018 – May 2026
Value, last 12 filed months
$922 k
at the published price for each month
Months reported
94
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
NGPA1none
ST-1112019-12-11225335

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
CondensateDisposition190,908 bbl$11,333,338
GasProduction1,732,290 Mcf$5,714,838
Total$17,048,177

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 28.2337, -100.0096. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23371, -100.00959 · 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
6,427 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 6,427 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-12737709A 5H6,427 ftAug 2018

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 (94)

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

94 months

May 20265399,335106.413.05$85,788
Apr 20264459,03798.932.87$69,958
Mar 202647211,09889.753.15$77,314
Feb 202657512,21263.503.75$82,311
Jan 202662713,80259.138.00$147,462
Dec 202561411,98156.664.41$87,666
Nov 202564911,07458.593.93$81,506
Oct 202561111,49559.383.30$74,270
Sep 202540911,23962.743.08$60,242
Aug 20253636,68363.933.01$43,354
Jul 20254248,85866.743.32$57,664
Jun 20253819,29266.483.13$54,401
May 202546110,77460.553.23$62,739
Apr 202542910,47262.363.54$63,856
Mar 20254907,56867.704.27$65,476
Feb 202562912,78970.884.34$100,099
Jan 20251,07415,18074.324.28$144,770
Dec 202483713,72968.993.12$100,598
Nov 20241,04013,73969.052.20$102,016
Oct 202468714,15771.372.28$81,329
Sep 202449712,38069.612.36$63,867
Aug 202457814,44175.632.06$73,515
Jul 202461912,49979.932.15$76,307
Jun 202460812,43578.082.63$80,226
May 202462311,53678.812.20$74,460
Apr 202463211,53884.451.66$72,516
Mar 202465311,41680.301.55$70,075
Feb 202465810,88376.091.78$69,479
Jan 202483012,44373.023.30$101,639
Dec 202385413,98571.262.61$97,367
Nov 202372811,55677.892.81$89,148
Oct 202365311,27985.443.09$90,614
Sep 202375911,21889.042.74$98,263
Aug 202383912,23980.522.67$100,270
Jul 202370014,36774.852.64$90,350
Jun 202382613,35368.962.26$87,118
May 202397114,48570.622.23$100,836
Apr 20231,15215,82978.122.24$125,416
Mar 20231,10415,80672.852.39$118,253
Feb 20231,15313,87775.112.47$120,818
Jan 20231,06914,56376.533.39$131,146
Dec 202299514,48176.415.73$158,991
Nov 20221,13514,01385.005.65$175,595
Oct 20221,27714,56787.185.86$196,746
Sep 20221,21314,28184.888.16$219,545
Aug 20227039,52494.529.13$153,375
Jul 20221,11512,739101.587.54$209,340
Jun 20221,15614,237115.097.98$246,615
May 20221,14815,119109.378.43$253,056
Apr 20221,28215,095104.226.84$236,824
Mar 20221,45315,661108.885.08$237,704
Feb 20221,32713,74891.054.86$187,623
Jan 20221,58518,84881.844.54$215,243
Dec 20211,18520,16771.323.90$163,148
Nov 20211,34614,11977.435.24$178,160
Oct 20211,62417,55079.795.71$229,857
Sep 20211,64017,95069.865.35$210,619
Aug 20211,78718,63566.024.22$196,628
Jul 20211,73519,40470.783.98$200,072
Jun 20211,65818,46969.493.38$177,651
May 20211,85919,33763.483.02$176,362
Apr 20211,73318,97060.362.76$156,931
Mar 20211,85518,97461.302.72$165,263
Feb 202188914,38157.805.55$131,169
Jan 20212,21620,67250.412.81$169,802
Dec 20202,05521,10144.642.68$148,190
Nov 20202,18621,07538.772.71$141,792
Oct 20202,22721,79536.972.48$136,350
Sep 20202,78321,14537.091.99$145,322
Aug 20203,53922,72739.982.39$195,695
Jul 20203,70423,37938.371.83$184,792
Jun 20203,42131,32934.901.69$172,349
May 20203036,86616.921.81$17,587
Apr 20202,12224,36414.751.80$75,261
Mar 20202,43825,57730.341.86$121,446
Feb 20202,49325,82849.881.98$175,508
Jan 20202,74528,41757.252.09$216,677
Dec 20192,76728,10859.012.30$228,052
Nov 20193,05627,89555.302.75$245,728
Oct 20192,89629,14653.472.42$225,340
Sep 20193,20530,43555.052.66$257,310
Aug 20193,70734,66353.112.30$276,755
Jul 20194,03236,48856.272.46$316,643
Jun 20194,62538,10852.782.49$339,042
May 20194,46342,29658.482.74$376,901
Apr 20195,42642,50062.632.75$456,735
Mar 20195,53537,90456.803.06$430,454
Feb 20196,07839,55050.852.79$419,499
Jan 201910,46348,84046.033.23$639,276
Dec 20188,68227,32346.594.19$518,853
Nov 20185,82623,14152.934.24$406,424
Oct 201810,79940,12261.443.40$799,828
Sep 201815,59140,91559.543.11$1,055,452
Aug 20181,5633,67059.403.07$104,096

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           539 bbl  × $106.41 =    $57,355
Gas                9,335 Mcf  × $  3.05 =    $28,433

────────────────────────────────────────────────────
Month total                                  $85,788

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/286540 is the state's own key, not one this site invented.