GATES 010 CHK-B 1286

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 289699District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
75
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

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
CondensateDisposition156,646 bbl$10,227,649
GasProduction2,566,800 Mcf$9,827,038
Total$20,054,686

Every month this lease reported (75)

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

75 months

May 202673317,122106.413.05$130,149
Apr 202659014,88398.932.87$101,079
Mar 202669915,76189.753.15$112,374
Feb 202664614,86363.503.75$96,762
Jan 202677016,16859.138.00$174,840
Dec 202585216,49356.664.41$121,064
Nov 202566817,11258.593.93$106,327
Oct 202564116,03959.383.30$91,069
Sep 202550815,46662.743.08$79,460
Aug 202564818,16563.933.01$96,190
Jul 202571118,50566.743.32$108,800
Jun 202574918,94966.483.13$109,080
May 202578819,17560.553.23$109,693
Apr 202578618,16462.363.54$113,372
Mar 202561418,37267.704.27$119,985
Feb 202576318,05470.884.34$132,451
Jan 202597721,68874.324.28$165,407
Dec 20241,01821,88668.993.12$138,546
Nov 202497421,25669.052.20$113,985
Oct 202493521,98271.372.28$116,881
Sep 202489621,37469.612.36$112,906
Aug 202489121,98775.632.06$112,759
Jul 202491322,93479.932.15$122,206
Jun 202487823,46678.082.63$130,363
May 20241,01525,18678.812.20$135,362
Apr 202488824,17284.451.66$115,098
Mar 202479421,85080.301.55$97,519
Feb 20241,18124,45876.091.78$133,487
Jan 20241,19826,50173.023.30$174,869
Dec 20231,19226,61771.262.61$154,431
Nov 20231,21627,03477.892.81$170,614
Oct 20231,36629,18785.443.09$206,819
Sep 20231,10426,70989.042.74$171,350
Aug 20231,02725,69480.522.67$151,371
Jul 20231,23929,45074.852.64$170,540
Jun 20231,13127,54768.962.26$140,208
May 20231,35731,13470.622.23$165,179
Apr 20231,44030,33378.122.24$180,371
Mar 20231,52432,29772.852.39$188,315
Feb 20231,57830,38375.112.47$193,438
Jan 20231,43734,13176.533.39$225,600
Dec 20221,49135,00576.415.73$314,474
Nov 20221,69736,67185.005.65$351,297
Oct 20221,78938,92887.185.86$384,229
Sep 20221,76537,86084.888.16$458,890
Aug 20221,84739,66694.529.13$536,616
Jul 20221,96940,741101.587.54$507,283
Jun 20222,04941,194115.097.98$564,432
May 20222,36444,019109.378.43$629,765
Apr 20222,48444,837104.226.84$565,460
Mar 20222,00043,819108.885.08$440,203
Feb 20222,51843,04491.054.86$438,408
Jan 20222,93048,68581.844.54$460,708
Dec 20213,38151,37171.323.90$441,435
Nov 20212,42442,62677.435.24$410,916
Oct 20213,26554,59379.795.71$572,452
Sep 20213,52454,96469.865.35$540,295
Aug 20213,91957,15666.024.22$499,964
Jul 20213,40454,22870.783.98$456,875
Jun 20214,54265,12569.493.38$535,786
May 20214,55361,96463.483.02$476,011
Apr 20215,43676,51960.362.76$539,189
Mar 20216,30083,25061.302.72$612,375
Feb 20214,52454,16757.805.55$562,003
Jan 20217,01382,02750.412.81$584,043
Dec 20207,73591,61644.642.68$590,405
Nov 20209,400112,42538.772.71$668,724
Oct 202010,06194,52036.972.48$606,216
Sep 202011,35396,87237.091.99$613,959
Aug 20201,57416,36139.982.39$101,951
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0

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           733 bbl  × $106.41 =    $77,999
Gas               17,122 Mcf  × $  3.05 =    $52,151

────────────────────────────────────────────────────
Month total                                 $130,149

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/289699 is the state's own key, not one this site invented.