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 293740District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.0 M
Oct 2022 – May 2026
Value, last 12 filed months
$4.7 M
at the published price for each month
Months reported
44
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
CondensateDisposition160,562 bbl$12,090,441
GasProduction5,234,344 Mcf$15,873,736
Total$27,964,177

Every month this lease reported (44)

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

44 months

May 20261,57670,121106.413.05$381,280
Apr 20261,46067,84098.932.87$339,120
Mar 20261,44469,62089.753.15$348,863
Feb 20261,46666,12563.503.75$341,081
Jan 20261,76174,42859.138.00$699,397
Dec 20251,72774,95856.664.41$428,668
Nov 20251,39574,64758.593.93$374,830
Oct 20251,55475,19759.383.30$340,791
Sep 20251,58776,83262.743.08$335,974
Aug 20251,57680,69663.933.01$344,033
Jul 20251,62484,50866.743.32$388,547
Jun 20251,62087,13566.483.13$380,319
May 20251,09669,90860.553.23$292,328
Apr 20251,97491,26862.363.54$446,472
Mar 20251,53675,41167.704.27$425,865
Feb 20251,82083,73470.884.34$492,478
Jan 20251,98992,94574.324.28$545,504
Dec 20241,79695,19368.993.12$421,039
Nov 20241,89093,24069.052.20$335,487
Oct 20242,225104,73171.372.28$397,732
Sep 20242,060104,80169.612.36$391,184
Aug 20242,242106,02075.632.06$388,349
Jul 20242,330117,28979.932.15$438,008
Jun 20242,235125,00278.082.63$503,762
May 20242,538136,78878.812.20$500,740
Apr 20242,524130,85384.451.66$430,263
Mar 20242,194132,56580.301.55$381,008
Feb 20242,794146,75376.091.78$474,350
Jan 20243,144162,84873.023.30$766,592
Dec 20233,528177,09871.262.61$713,759
Nov 20233,996186,88777.892.81$835,945
Oct 20235,069201,02485.443.09$1,053,713
Sep 20234,994147,09889.042.74$846,985
Aug 20235,061188,05880.522.67$910,168
Jul 20237,862268,23774.852.64$1,297,099
Jun 20238,083194,32068.962.26$996,272
May 202311,446208,27870.622.23$1,272,235
Apr 20239,373153,90378.122.24$1,076,617
Mar 202313,818215,19572.852.39$1,521,637
Feb 20235,94984,73775.112.47$655,764
Jan 20235,37656,89676.533.39$604,173
Dec 202211,171190,76976.415.73$1,946,507
Nov 20229,344178,56585.005.65$1,802,454
Oct 202231511,82387.185.86$96,789

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         1,576 bbl  × $106.41 =   $167,702
Gas               70,121 Mcf  × $  3.05 =   $213,577

────────────────────────────────────────────────────
Month total                                 $381,280

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/293740 is the state's own key, not one this site invented.