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 289289District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.7 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.1 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
CondensateDisposition243,182 bbl$13,501,848
GasProduction1,576,249 Mcf$5,220,376
Total$18,722,224

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 28.2145, -100.0697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21455, -100.06971 · 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
6,276 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 6,276 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-12738225M 5H6,276 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 20266268,205106.413.05$91,604
Apr 20267379,83398.932.87$101,129
Mar 202674311,24289.753.15$102,090
Feb 20266678,72663.503.75$75,080
Jan 20267499,50959.138.00$120,341
Dec 202582610,29356.664.41$92,228
Nov 202587610,27658.593.93$91,673
Oct 202576910,74359.383.30$81,167
Sep 20257379,88662.743.08$76,658
Aug 20257579,62063.933.01$77,397
Jul 20251,3599,29666.743.32$121,518
Jun 20259949,42666.483.13$95,572
May 202588410,28760.553.23$86,777
Apr 20257529,94762.363.54$82,138
Mar 20257279,53567.704.27$89,916
Feb 20259279,52970.884.34$107,070
Jan 20251,16610,75374.324.28$132,666
Dec 20241,18113,28168.993.12$122,932
Nov 20241,0678,36169.052.20$92,058
Oct 20241,1445,44671.372.28$94,072
Sep 20248738,74369.612.36$81,441
Aug 20241,14011,89075.632.06$110,755
Jul 20241,10112,39079.932.15$114,599
Jun 20241,06912,16578.082.63$115,510
May 20241,07012,32378.812.20$111,418
Apr 202498911,59184.451.66$102,753
Mar 20241,04112,19480.301.55$102,434
Feb 20241,07212,35876.091.78$103,611
Jan 20241,16013,80873.023.30$130,237
Dec 20231,27313,45771.262.61$125,846
Nov 20232,06112,76077.892.81$196,356
Oct 20231,78112,59985.443.09$191,065
Sep 20231,82312,57889.042.74$196,721
Aug 20231,55313,92880.522.67$162,275
Jul 20231,46514,07974.852.64$146,849
Jun 20231,47113,67368.962.26$132,320
May 20231,52915,48470.622.23$142,467
Apr 20231,78014,89578.122.24$172,385
Mar 20231,77616,13972.852.39$168,005
Feb 20231,81713,69675.112.47$170,245
Jan 20231,78016,12276.533.39$190,840
Dec 20222,05017,03176.415.73$254,212
Nov 20221,95016,49685.005.65$258,890
Oct 20221,74417,36187.185.86$253,843
Sep 20221,80318,28384.888.16$302,295
Aug 20221,95718,33794.529.13$352,340
Jul 20221,99419,036101.587.54$346,122
Jun 20221,95918,341115.097.98$371,771
May 20222,06919,093109.378.43$387,299
Apr 20222,44618,948104.226.84$384,481
Mar 20222,45619,804108.885.08$367,942
Feb 20221,97718,49591.054.86$269,870
Jan 20222,60121,24881.844.54$309,282
Dec 20211,93621,21471.323.90$220,791
Nov 20212,13514,44877.435.24$240,975
Oct 20212,70319,06279.795.71$324,590
Sep 20212,71619,79769.865.35$295,672
Aug 20212,91620,82566.024.22$280,408
Jul 20213,00522,42770.783.98$302,000
Jun 20213,03423,40769.493.38$289,963
May 20213,31725,63563.483.02$287,921
Apr 20213,26826,99560.362.76$271,720
Mar 20213,49931,45061.302.72$299,936
Feb 20212,12428,03257.805.55$278,287
Jan 20214,08235,13250.412.81$304,504
Dec 20204,21235,68144.642.68$283,487
Nov 20204,68538,62238.772.71$286,171
Oct 20205,37743,33936.972.48$306,200
Sep 20206,03047,48537.091.99$318,197
Aug 20209,42452,62939.982.39$502,297
Jul 20209,86848,64738.371.83$467,422
Jun 202014,72544,64934.901.69$589,373
May 20202,59317,10116.921.81$74,908
Apr 202014,53966,46014.751.80$334,369
Mar 202019,13375,79630.341.86$721,190
Feb 202024,06771,77349.881.98$1,342,621
Jan 202021,47652,05557.252.09$1,338,543
Dec 201904959.012.30$113

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           626 bbl  × $106.41 =    $66,613
Gas                8,205 Mcf  × $  3.05 =    $24,991

────────────────────────────────────────────────────
Month total                                  $91,604

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/289289 is the state's own key, not one this site invented.