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 293816District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.3 M
Oct 2022 – May 2026
Value, last 12 filed months
$3.0 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
CondensateDisposition92,265 bbl$6,969,874
GasProduction3,248,946 Mcf$10,372,160
Total$17,342,034

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 202698343,068106.413.05$235,779
Apr 202695242,28198.932.87$215,516
Mar 202698643,10189.753.15$224,238
Feb 20261,03140,83463.503.75$218,609
Jan 20261,23845,82059.138.00$439,668
Dec 20251,22246,02556.664.41$272,363
Nov 20251,09645,36158.593.93$242,322
Oct 20251,21047,73259.383.30$229,596
Sep 20251,06347,61462.743.08$213,197
Aug 202598750,86163.933.01$216,433
Jul 20251,18452,12066.743.32$251,808
Jun 20251,21853,75966.483.13$249,170
May 20251,05051,79760.553.23$231,002
Apr 20251,23558,21062.363.54$283,260
Mar 202591842,00167.704.27$241,422
Feb 20251,21047,95870.884.34$293,943
Jan 20251,32954,98274.324.28$334,022
Dec 20241,36360,61568.993.12$283,235
Nov 20241,36259,58769.052.20$225,045
Oct 20241,52362,98771.372.28$252,395
Sep 20241,47162,91269.612.36$251,143
Aug 20241,52868,64375.632.06$257,216
Jul 20241,52068,84979.932.15$269,284
Jun 20241,47769,02078.082.63$297,121
May 20241,56775,92178.812.20$290,403
Apr 20241,58177,83084.451.66$262,651
Mar 20241,66968,87880.301.55$240,446
Feb 20241,78478,48876.091.78$275,739
Jan 20242,02186,10473.023.30$431,515
Dec 20232,16188,15571.262.61$384,141
Nov 20232,10491,09777.892.81$419,641
Oct 20232,56294,31585.443.09$510,074
Sep 20232,74889,45589.042.74$489,345
Aug 20232,06369,02080.522.67$350,595
Jul 20233,043110,46874.852.64$519,603
Jun 20232,720114,61368.962.26$446,422
May 20234,163121,79770.622.23$565,282
Apr 20233,879121,79178.122.24$575,567
Mar 20235,814157,91772.852.39$801,471
Feb 20233,65761,15275.112.47$425,459
Jan 20233,73569,48576.533.39$521,235
Dec 20226,465180,11976.415.73$1,525,907
Nov 20228,926208,37085.005.65$1,935,209
Oct 202244717,83487.185.86$143,544

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           983 bbl  × $106.41 =   $104,601
Gas               43,068 Mcf  × $  3.05 =   $131,178

────────────────────────────────────────────────────
Month total                                 $235,779

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/293816 is the state's own key, not one this site invented.