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 291676District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$47.0 M
Sep 2021 – May 2026
Value, last 12 filed months
$4.2 M
at the published price for each month
Months reported
57
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
CondensateDisposition251,091 bbl$21,131,516
GasProduction6,120,943 Mcf$25,841,801
Total$46,973,317

Every month this lease reported (57)

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

57 months

May 20261,35059,055106.413.05$323,526
Apr 20261,36060,20998.932.87$307,328
Mar 20261,41759,80489.753.15$315,525
Feb 20261,48558,00063.503.75$311,816
Jan 20261,63364,71259.138.00$614,121
Dec 20251,59965,32556.664.41$378,902
Nov 20251,55464,61158.593.93$344,740
Oct 20251,71767,23059.383.30$324,140
Sep 20251,58268,01562.743.08$308,531
Aug 20251,39567,93963.933.01$294,002
Jul 20251,39571,31666.743.32$329,529
Jun 20251,61274,68066.483.13$340,819
May 20251,61571,05360.553.23$327,454
Apr 20251,74979,09462.363.54$389,307
Mar 20251,49064,28367.704.27$375,253
Feb 20251,91273,87670.884.34$456,206
Jan 20252,13482,32274.324.28$510,828
Dec 20242,06683,18468.993.12$402,181
Nov 20242,05585,29869.052.20$329,420
Oct 20242,30890,96871.372.28$372,256
Sep 20242,30690,05569.612.36$373,443
Aug 20242,40593,56775.632.06$374,978
Jul 20242,37397,82279.932.15$399,658
Jun 20242,30498,89378.082.63$440,379
May 20242,533105,03478.812.20$430,537
Apr 20242,622104,47684.451.66$394,774
Mar 20242,41797,44480.301.55$344,649
Feb 20242,701106,50576.091.78$395,486
Jan 20242,660107,30473.023.30$548,085
Dec 20233,459116,15471.262.61$549,734
Nov 20233,556116,53177.892.81$604,145
Oct 20234,060120,62385.443.09$719,283
Sep 20234,11893,74489.042.74$623,060
Aug 20233,83298,82580.522.67$572,700
Jul 20234,636138,61674.852.64$713,200
Jun 20234,338119,67968.962.26$569,441
May 20234,228144,35570.622.23$620,118
Apr 20234,513116,99678.122.24$614,365
Mar 20235,367147,57372.852.39$744,152
Feb 20233,67052,12375.112.47$404,172
Jan 20234,46986,18176.533.39$633,970
Dec 20225,23296,63976.415.73$953,430
Nov 20224,01087,05585.005.65$832,380
Oct 20222,23743,35487.185.86$449,239
Sep 20227697,64984.888.16$127,717
Aug 20227,377164,69894.529.13$2,200,499
Jul 20229,558209,123101.587.54$2,548,124
Jun 202211,157231,806115.097.98$3,133,222
May 202211,042204,766109.378.43$2,934,463
Apr 202212,013210,430104.226.84$2,690,831
Mar 202212,208193,171108.885.08$2,309,820
Feb 202211,552170,83891.054.86$1,881,884
Jan 202214,059198,00481.844.54$2,049,067
Dec 202115,707226,84971.323.90$2,004,735
Nov 202110,307133,28677.435.24$1,496,070
Oct 202112,348186,12979.795.71$2,048,764
Sep 20215,52093,67269.865.35$886,859

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         1,350 bbl  × $106.41 =   $143,654
Gas               59,055 Mcf  × $  3.05 =   $179,872

────────────────────────────────────────────────────
Month total                                 $323,526

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/291676 is the state's own key, not one this site invented.