FAITH-SANDY

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 288915District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.2 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
78
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-1212020-08-072 dockets

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
CondensateDisposition241,079 bbl$12,993,787
GasProduction1,885,463 Mcf$6,178,386
Total$19,172,173

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 28.2255, -100.0783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22549, -100.07831 · 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
6,197 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 6,197 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-12738222S 2H6,197 ftDec 2019

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 (78)

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

78 months

May 202662113,151106.413.05$106,136
Apr 202650013,21398.932.87$87,383
Mar 202650611,94589.753.15$83,034
Feb 202657112,54463.503.75$83,303
Jan 20261,13711,10959.138.00$156,080
Dec 202591112,73656.664.41$107,826
Nov 202574612,80758.593.93$93,994
Oct 202578213,54559.383.30$91,199
Sep 202564412,08462.743.08$77,586
Aug 202572612,52663.933.01$84,176
Jul 202571712,69966.743.32$89,952
Jun 202581813,09966.483.13$95,364
May 202541513,35960.553.23$68,309
Apr 202550512,94462.363.54$77,354
Mar 202568912,37067.704.27$99,444
Feb 202597813,16470.884.34$126,463
Jan 20251,67812,84174.324.28$179,651
Dec 20241,23114,12668.993.12$129,019
Nov 20241,33413,71169.052.20$122,256
Oct 202487914,49571.372.28$95,803
Sep 202471513,54269.612.36$81,789
Aug 202469814,10175.632.06$81,889
Jul 202470815,06179.932.15$88,920
Jun 202452914,88378.082.63$80,506
May 202480514,89478.812.20$96,186
Apr 202478914,58984.451.66$90,837
Mar 202482115,13880.301.55$89,316
Feb 202480014,47376.091.78$86,687
Jan 202486815,69873.023.30$115,148
Dec 202398016,14771.262.61$111,990
Nov 202390516,46277.892.81$116,709
Oct 202386216,29685.443.09$123,960
Sep 202395116,71189.042.74$130,382
Aug 20231,32217,83680.522.67$154,121
Jul 20231,23118,32774.852.64$140,557
Jun 20231,42517,03968.962.26$136,750
May 20231,48217,99570.622.23$144,741
Apr 20231,47717,37878.122.24$154,271
Mar 20231,61618,84372.852.39$162,820
Feb 20231,19616,13975.112.47$129,625
Jan 20231,23918,94676.533.39$159,004
Dec 20221,23917,69176.415.73$196,025
Nov 20221,47218,28685.005.65$228,366
Oct 20221,51418,69187.185.86$241,590
Sep 20221,54918,83084.888.16$285,201
Aug 20221,68319,76194.529.13$339,439
Jul 20221,84517,953101.587.54$322,818
Jun 20221,53720,638115.097.98$341,527
May 20222,85122,269109.378.43$499,609
Apr 20222,82621,825104.226.84$443,756
Mar 20222,75522,121108.885.08$412,259
Feb 20222,07222,06891.054.86$295,880
Jan 20222,49225,17281.844.54$318,168
Dec 20211,31428,19271.323.90$203,638
Nov 20212,08419,93777.435.24$265,771
Oct 20212,73325,41779.795.71$363,296
Sep 20212,77125,23569.865.35$328,613
Aug 20212,90726,78166.024.22$304,952
Jul 20213,11428,42170.783.98$333,584
Jun 20213,22929,07769.493.38$322,682
May 20213,40130,38363.483.02$307,581
Apr 20214,06731,58160.362.76$332,598
Mar 20214,36334,06761.302.72$360,010
Feb 20212,35430,82657.805.55$307,082
Jan 20214,31038,49450.412.81$325,446
Dec 20204,68540,39744.642.68$317,219
Nov 20204,94742,23838.772.71$306,115
Oct 20205,97149,58036.972.48$343,628
Sep 20207,81253,61137.091.99$396,489
Aug 20208,14061,75539.982.39$472,729
Jul 20209,94070,49738.371.83$510,063
Jun 202014,18160,14234.901.69$596,576
May 20203,36220,34516.921.81$93,806
Apr 202016,67786,20214.751.80$401,527
Mar 202018,87175,29030.341.86$712,302
Feb 202029,39086,28449.881.98$1,636,873
Jan 202018,81446,28057.252.09$1,174,046
Dec 2019016059.012.30$369

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           621 bbl  × $106.41 =    $66,081
Gas               13,151 Mcf  × $  3.05 =    $40,056

────────────────────────────────────────────────────
Month total                                 $106,136

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/288915 is the state's own key, not one this site invented.