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 289734District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.4 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.4 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
CondensateDisposition181,999 bbl$12,076,263
GasProduction2,960,530 Mcf$11,360,754
Total$23,437,018

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 202666018,437106.413.05$126,387
Apr 202653018,12598.932.87$104,447
Mar 202652619,27189.753.15$107,901
Feb 202647218,19063.503.75$98,190
Jan 202658019,03259.138.00$186,512
Dec 202562520,67856.664.41$126,672
Nov 202548717,92158.593.93$98,899
Oct 202568118,92159.383.30$102,969
Sep 202566119,58362.743.08$101,726
Aug 202584621,82463.933.01$119,879
Jul 202588622,28866.743.32$133,021
Jun 202588022,58566.483.13$129,165
May 202596223,09060.553.23$132,883
Apr 202595121,96462.363.54$137,125
Mar 202572921,65367.704.27$141,775
Feb 202588621,44870.884.34$155,902
Jan 20251,04626,33674.324.28$190,422
Dec 202482726,38968.993.12$139,425
Nov 202493625,68969.052.20$121,107
Oct 20241,08826,78971.372.28$138,767
Sep 20241,07226,23069.612.36$136,639
Aug 20241,09327,01575.632.06$138,413
Jul 20241,08228,26279.932.15$147,151
Jun 202499528,39278.082.63$152,474
May 20241,17230,50878.812.20$159,435
Apr 20241,14829,09284.451.66$145,218
Mar 202487326,01180.301.55$110,292
Feb 20241,37030,27676.091.78$158,245
Jan 20241,29232,05373.023.30$200,042
Dec 20231,44633,14171.262.61$189,564
Nov 20231,42833,21177.892.81$204,469
Oct 20231,62935,77385.443.09$249,623
Sep 20231,34533,51989.042.74$211,435
Aug 20231,25833,39580.522.67$190,555
Jul 20231,55936,13374.852.64$212,147
Jun 20231,50434,88568.962.26$182,503
May 20231,68637,83770.622.23$203,343
Apr 20231,83337,65478.122.24$227,455
Mar 20231,86939,73172.852.39$231,239
Feb 20231,88837,61975.112.47$234,564
Jan 20231,69041,14676.533.39$268,727
Dec 20221,75740,32676.415.73$365,283
Nov 20222,11243,75085.005.65$426,541
Oct 20222,19447,38887.185.86$469,145
Sep 20222,32648,62484.888.16$594,382
Aug 20222,50546,06594.529.13$657,215
Jul 20222,62546,007101.587.54$613,636
Jun 20222,69046,193115.097.98$678,083
May 20223,10048,365109.378.43$746,911
Apr 20223,14648,284104.226.84$658,023
Mar 20222,57547,342108.885.08$520,693
Feb 20222,95644,59491.054.86$485,819
Jan 20223,55253,32981.844.54$532,686
Dec 20213,73856,99371.323.90$488,817
Nov 20213,14354,85577.435.24$530,630
Oct 20213,97767,02579.795.71$700,297
Sep 20214,25267,00269.865.35$655,567
Aug 20214,76068,95366.024.22$605,278
Jul 20214,47570,93170.783.98$599,193
Jun 20215,49479,28069.493.38$649,794
May 20215,48671,27263.483.02$563,327
Apr 20216,38894,84460.362.76$647,199
Mar 20217,74283,91361.302.72$702,571
Feb 20215,34158,80557.805.55$634,957
Jan 20218,34190,02950.412.81$673,476
Dec 20209,18697,45544.642.68$670,800
Nov 20209,42893,01338.772.71$617,270
Oct 202010,945102,40136.972.48$658,430
Sep 202011,900105,45237.091.99$651,330
Aug 20201,37415,94439.982.39$92,961
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           660 bbl  × $106.41 =    $70,231
Gas               18,437 Mcf  × $  3.05 =    $56,156

────────────────────────────────────────────────────
Month total                                 $126,387

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/289734 is the state's own key, not one this site invented.