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 289805District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.9 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.1 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
CondensateDisposition120,493 bbl$7,865,458
GasProduction1,840,635 Mcf$7,014,779
Total$14,880,237

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 202665011,600106.413.05$104,498
Apr 202653210,84498.932.87$83,750
Mar 202665311,97389.753.15$96,315
Feb 202656711,24563.503.75$78,177
Jan 202672812,04459.138.00$139,374
Dec 202579113,06656.664.41$102,483
Nov 202549611,01458.593.93$72,306
Oct 202555011,79359.383.30$71,633
Sep 202548411,35062.743.08$65,289
Aug 202561112,83963.933.01$77,768
Jul 202562312,54566.743.32$83,168
Jun 202563813,26466.483.13$83,914
May 202569013,19860.553.23$84,440
Apr 202569212,55862.363.54$87,648
Mar 202556715,46467.704.27$104,391
Feb 20254369,63270.884.34$72,715
Jan 202576414,71674.324.28$119,746
Dec 202479914,80068.993.12$101,319
Nov 202478614,41869.052.20$85,970
Oct 202479015,11071.372.28$90,854
Sep 202470214,50969.612.36$83,171
Aug 202474215,20375.632.06$87,491
Jul 202472715,52079.932.15$91,424
Jun 202467615,50278.082.63$93,614
May 202487717,20878.812.20$106,947
Apr 202484016,98984.451.66$99,126
Mar 202469818,03880.301.55$83,920
Feb 202488016,92176.091.78$97,140
Jan 202497718,18573.023.30$131,308
Dec 20231,03619,24571.262.61$124,069
Nov 20231,00819,46677.892.81$133,165
Oct 20231,15920,40085.443.09$162,005
Sep 202379414,91589.042.74$111,491
Aug 202375016,10680.522.67$103,439
Jul 202399820,11074.852.64$127,827
Jun 202395318,26668.962.26$106,972
May 20231,06920,93670.622.23$122,126
Apr 20231,12019,60478.122.24$131,363
Mar 20231,16622,05572.852.39$137,724
Feb 20231,11919,83375.112.47$132,950
Jan 20231,03521,50976.533.39$152,075
Dec 20221,18823,31176.415.73$224,326
Nov 20221,33124,10285.005.65$249,220
Oct 20221,40826,19087.185.86$276,321
Sep 20221,40826,21484.888.16$333,514
Aug 20221,35426,80394.529.13$372,615
Jul 20221,47628,428101.587.54$364,338
Jun 20221,33728,590115.097.98$381,943
May 20221,55030,558109.378.43$427,220
Apr 20221,73031,466104.226.84$395,453
Mar 20222,53030,589108.885.08$430,748
Feb 20221,79930,14991.054.86$310,288
Jan 20221,98932,62881.844.54$310,835
Dec 20212,08136,18971.323.90$289,522
Nov 20212,29336,91377.435.24$370,855
Oct 20212,49238,42779.795.71$418,404
Sep 20212,73039,01869.865.35$399,500
Aug 20212,80539,35866.024.22$351,300
Jul 20212,75442,17770.783.98$362,880
Jun 20213,10445,28169.493.38$368,775
May 20212,85343,59063.483.02$312,649
Apr 20213,43353,13960.362.76$353,796
Mar 20214,12158,87361.302.72$412,572
Feb 20213,61348,36257.805.55$477,141
Jan 20215,15662,10750.412.81$434,451
Dec 20205,59467,82144.642.68$431,169
Nov 20207,10682,20438.772.71$497,991
Oct 20208,46079,51036.972.48$509,826
Sep 20209,92687,19737.091.99$541,768
Aug 20206997,44839.982.39$45,710
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           650 bbl  × $106.41 =    $69,167
Gas               11,600 Mcf  × $  3.05 =    $35,332

────────────────────────────────────────────────────
Month total                                 $104,498

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/289805 is the state's own key, not one this site invented.