GATES 010 CHK-A TR3

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 289837District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.1 M
Apr 2020 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
74
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
CondensateDisposition208,538 bbl$14,552,093
GasProduction3,507,776 Mcf$13,512,275
Total$28,064,368

Every month this lease reported (74)

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

74 months

May 202672414,378106.413.05$120,834
Apr 20261,10022,39298.932.87$173,082
Mar 20261,03022,42889.753.15$163,078
Feb 20261,13520,66663.503.75$149,577
Jan 20261,10023,06859.138.00$249,539
Dec 20251,08126,19356.664.41$176,849
Nov 202534310,36958.593.93$60,810
Oct 20250059.383.30$0
Sep 202517062.743.08$1,067
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202526324366.483.13$18,245
May 20251,64340,10960.553.23$229,129
Apr 20251,79842,50962.363.54$262,738
Mar 20251,33033,45267.704.27$232,825
Feb 20251,79537,40070.884.34$289,577
Jan 20251,96642,06574.324.28$326,096
Dec 20241,81742,77668.993.12$258,875
Nov 20241,97541,41269.052.20$227,416
Oct 20242,14543,70671.372.28$252,800
Sep 20241,64743,01769.612.36$216,355
Aug 20241,98943,55875.632.06$240,316
Jul 20241,98345,59679.932.15$256,377
Jun 20241,79945,43578.082.63$260,141
May 20241,94847,43378.812.20$257,800
Apr 20242,16448,66184.451.66$263,488
Mar 20241,83044,59680.301.55$215,856
Feb 20242,19546,12476.091.78$249,286
Jan 20242,37549,89173.023.30$337,946
Dec 20232,57451,64171.262.61$318,243
Nov 20232,55851,44577.892.81$343,678
Oct 20232,54954,23285.443.09$385,216
Sep 20232,54350,41789.042.74$364,321
Aug 20232,51553,13080.522.67$344,518
Jul 20232,87058,77274.852.64$370,083
Jun 20232,67152,19068.962.26$302,062
May 20232,34350,13670.622.23$277,136
Apr 20232,89749,10678.122.24$336,201
Mar 20233,80852,83672.852.39$403,858
Feb 20233,13948,57075.112.47$355,528
Jan 20232,76855,88676.533.39$401,161
Dec 20222,95158,72076.415.73$561,897
Nov 20222,73449,03185.005.65$509,229
Oct 20223,08260,99187.185.86$626,325
Sep 20223,06255,41484.888.16$712,285
Aug 20223,43859,97594.529.13$872,361
Jul 20222,30844,908101.587.54$573,146
Jun 20223,23963,378115.097.98$878,355
May 20222,73452,084109.378.43$738,244
Apr 20222,87861,398104.226.84$719,760
Mar 20223,26769,505108.885.08$708,546
Feb 20223,77469,19491.054.86$679,825
Jan 20224,41381,41081.844.54$730,572
Dec 20214,58682,53871.323.90$648,899
Nov 20213,99761,88777.435.24$633,581
Oct 20214,33768,34179.795.71$736,541
Sep 20214,54274,01569.865.35$713,352
Aug 20214,47671,11066.024.22$595,632
Jul 20215,09190,34470.783.98$720,098
Jun 20216,02186,01469.493.38$709,180
May 20215,61274,81363.483.02$582,011
Apr 20216,17675,54960.362.76$581,179
Mar 20216,79283,81161.302.72$644,059
Feb 20214,84261,39757.805.55$620,495
Jan 20217,74787,21450.412.81$635,621
Dec 20208,26988,47544.642.68$605,839
Nov 20207,66096,96538.772.71$559,421
Oct 20207,89075,48936.972.48$478,788
Sep 20206,67563,10537.091.99$373,220
Aug 20203,51834,86339.982.39$223,801
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$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           724 bbl  × $106.41 =    $77,041
Gas               14,378 Mcf  × $  3.05 =    $43,793

────────────────────────────────────────────────────
Month total                                 $120,834

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/289837 is the state's own key, not one this site invented.