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 288936District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.1 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.8 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-1112020-08-07227621

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
CondensateDisposition262,061 bbl$14,292,102
GasProduction1,797,234 Mcf$5,801,764
Total$20,093,866

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 28.2165, -100.0684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21650, -100.06838 · 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
6,258 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 6,258 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-12738224M 4H6,258 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 20261,9799,599106.413.05$239,822
Apr 20261,7549,70798.932.87$201,380
Mar 20261,9368,61489.753.15$200,885
Feb 20261,2658,96263.503.75$113,938
Jan 20261,45310,11559.138.00$166,815
Dec 20251,3799,94056.664.41$122,003
Nov 20251,1219,37558.593.93$102,490
Oct 20251,16410,45659.383.30$103,674
Sep 20252,0698,70862.743.08$156,603
Aug 20251,74510,55163.933.01$143,367
Jul 20251,14611,04466.743.32$113,097
Jun 202582410,80766.483.13$88,592
May 20251,05612,03860.553.23$102,851
Apr 202597711,58562.363.54$101,973
Mar 202583710,34767.704.27$100,829
Feb 202585210,22470.884.34$104,771
Jan 202570112,10074.324.28$103,870
Dec 202487812,03668.993.12$98,142
Nov 20241,41811,54569.052.20$123,294
Oct 20241,62112,63571.372.28$144,516
Sep 202489511,94169.612.36$90,534
Aug 20241,00412,14875.632.06$101,002
Jul 20241,06412,78479.932.15$112,488
Jun 202497012,62978.082.63$109,002
May 20241,00012,59478.812.20$106,497
Apr 20241,09712,81984.451.66$113,911
Mar 20241,11312,97580.301.55$109,422
Feb 20241,07212,71476.091.78$104,246
Jan 20241,08012,02273.023.30$118,506
Dec 20231,19813,68571.262.61$121,097
Nov 20232,15713,27077.892.81$205,265
Oct 20231,72413,54785.443.09$189,122
Sep 20231,23914,01089.042.74$148,638
Aug 20231,11614,77080.522.67$129,339
Jul 20231,13815,66574.852.64$126,563
Jun 20231,11214,58968.962.26$109,632
May 20231,29315,94670.622.23$126,830
Apr 20231,38115,35878.122.24$142,251
Mar 20231,43816,94972.852.39$145,320
Feb 20231,21214,77575.112.47$127,464
Jan 20231,30017,62976.533.39$159,211
Dec 20221,54816,69176.415.73$213,907
Nov 20221,65116,52485.005.65$233,633
Oct 20221,72817,70387.185.86$254,453
Sep 20221,80617,44784.888.16$295,725
Aug 20221,90718,44594.529.13$348,600
Jul 20222,02118,917101.587.54$347,967
Jun 20221,82118,927115.097.98$360,563
May 20221,87719,786109.378.43$372,144
Apr 20222,22620,107104.226.84$369,477
Mar 20222,27920,998108.885.08$354,732
Feb 20222,21720,15191.054.86$299,768
Jan 20222,66122,97681.844.54$322,034
Dec 20211,96529,06471.323.90$253,468
Nov 20212,20517,99577.435.24$264,970
Oct 20212,72423,53979.795.71$351,847
Sep 20212,54124,51369.865.35$308,681
Aug 20212,77825,87266.024.22$292,599
Jul 20212,84226,35870.783.98$306,116
Jun 20212,95927,42169.493.38$298,321
May 20213,26430,04863.483.02$297,874
Apr 20213,40330,90960.362.76$290,665
Mar 20213,78435,73061.302.72$329,035
Feb 20212,18128,56857.805.55$284,556
Jan 20214,53539,35450.412.81$339,205
Dec 20204,67241,46744.642.68$319,501
Nov 20205,26843,78938.772.71$322,758
Oct 20206,02348,52136.972.48$342,926
Sep 20206,64452,11537.091.99$350,189
Aug 20208,11760,98539.982.39$469,973
Jul 202010,65268,53238.371.83$533,796
Jun 202013,75557,69034.901.69$577,563
May 20202,55020,59916.921.81$80,528
Apr 202016,08379,99614.751.80$381,567
Mar 202026,122106,88530.341.86$990,945
Feb 202032,03595,18649.881.98$1,786,438
Jan 202019,43950,16557.252.09$1,217,965
Dec 201905459.012.30$124

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         1,979 bbl  × $106.41 =   $210,585
Gas                9,599 Mcf  × $  3.05 =    $29,237

────────────────────────────────────────────────────
Month total                                 $239,822

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/288936 is the state's own key, not one this site invented.