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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 288938District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.4 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
78
no gaps in the span
Streams
2
condensate, gas

The BRISCOE RANCH (EAGLEFORD) field

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-1112020-08-07227622

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
CondensateDisposition279,563 bbl$15,168,587
GasProduction1,891,390 Mcf$6,247,845
Total$21,416,432

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 28.2172, -100.0651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21725, -100.06506 · 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
6,267 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 6,267 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-12738223M 3H6,267 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 20261,0828,900106.413.05$142,244
Apr 20269938,93198.932.87$123,867
Mar 20261,2189,47589.753.15$139,156
Feb 20267068,59463.503.75$77,061
Jan 202683110,12459.138.00$130,108
Dec 202586510,63856.664.41$95,960
Nov 202598111,20158.593.93$101,457
Oct 20251,02311,90759.383.30$100,096
Sep 20251,64911,16262.743.08$137,803
Aug 20251,40611,73363.933.01$125,258
Jul 20251,1999,45866.743.32$111,376
Jun 202594910,84866.483.13$97,030
May 202592711,23760.553.23$92,451
Apr 20251,00411,99562.363.54$105,109
Mar 202570810,81967.704.27$94,111
Feb 202589811,64970.884.34$114,217
Jan 20259769,95474.324.28$115,126
Dec 20241,30612,61768.993.12$129,483
Nov 20241,45012,18669.052.20$126,913
Oct 20241,34715,91171.372.28$132,435
Sep 20245826,57869.612.36$56,066
Aug 20241,04913,62675.632.06$107,455
Jul 20241,19214,44379.932.15$126,280
Jun 20241,29014,05978.082.63$137,754
May 20241,28514,30078.812.20$132,709
Apr 20241,14413,75084.451.66$119,425
Mar 20241,19114,54380.301.55$118,108
Feb 20241,17414,31976.091.78$114,870
Jan 20241,24313,09773.023.30$133,953
Dec 20231,42515,54571.262.61$142,129
Nov 20231,32415,79977.892.81$147,483
Oct 20231,27216,23785.443.09$158,808
Sep 20231,37816,35789.042.74$167,434
Aug 20231,42616,98280.522.67$160,212
Jul 20231,54817,74174.852.64$162,736
Jun 20231,46816,89068.962.26$139,379
May 20231,68718,41170.622.23$160,145
Apr 20231,76018,08978.122.24$177,970
Mar 20231,91019,22372.852.39$185,147
Feb 20231,53515,95875.112.47$154,641
Jan 20231,18414,23776.533.39$138,842
Dec 20221,83519,58376.415.73$252,405
Nov 20221,96219,10085.005.65$274,612
Oct 20221,91120,09687.185.86$284,439
Sep 20222,08420,47984.888.16$344,074
Aug 20222,20221,62994.529.13$405,544
Jul 20222,30922,534101.587.54$404,501
Jun 20222,30422,410115.097.98$443,936
May 20222,26123,082109.378.43$441,937
Apr 20222,49123,253104.226.84$418,607
Mar 20222,61024,320108.885.08$407,635
Feb 20222,55323,00291.054.86$344,214
Jan 20223,09726,36781.844.54$373,103
Dec 20211,83322,34471.323.90$217,852
Nov 20212,58020,08277.435.24$304,936
Oct 20213,28627,09079.795.71$416,979
Sep 20213,24426,14469.865.35$366,520
Aug 20213,75828,34166.024.22$367,719
Jul 20213,70729,18870.783.98$378,610
Jun 20213,80928,63669.493.38$361,495
May 20214,22731,19263.483.02$362,457
Apr 20214,16233,52060.362.76$343,681
Mar 20214,38636,93361.302.72$369,207
Feb 20212,62932,78957.805.55$333,868
Jan 20215,28042,32450.412.81$385,107
Dec 20205,65746,28844.642.68$376,370
Nov 20206,06949,03238.772.71$368,004
Oct 20206,88555,35536.972.48$391,732
Sep 20207,75059,05937.091.99$405,036
Aug 20209,85070,15739.982.39$561,134
Jul 202010,83257,27538.371.83$520,158
Jun 202014,21350,31134.901.69$581,075
May 20202,47712,17516.921.81$64,005
Apr 202019,23888,10214.751.80$442,730
Mar 202027,958105,90130.341.86$1,044,822
Feb 202030,37783,48349.881.98$1,680,557
Jan 202018,15250,22357.252.09$1,144,406
Dec 201906859.012.30$157

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         1,082 bbl  × $106.41 =   $115,136
Gas                8,900 Mcf  × $  3.05 =    $27,108

────────────────────────────────────────────────────
Month total                                 $142,244

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/288938 is the state's own key, not one this site invented.