PGE DOS

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 294140District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.6 M
Nov 2022 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
43
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
CondensateDisposition117,455 bbl$8,861,566
GasProduction3,503,048 Mcf$10,776,677
Total$19,638,243

Every month this lease reported (43)

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

43 months

May 20261,48542,836106.413.05$288,490
Apr 20261,61844,01398.932.87$286,374
Mar 20261,56845,66589.753.15$284,547
Feb 20261,49341,65463.503.75$251,021
Jan 20261,58148,33259.138.00$480,040
Dec 20251,52752,43956.664.41$317,952
Nov 202562425,07558.593.93$135,016
Oct 20251,26950,86359.383.30$243,447
Sep 20251,41147,26062.743.08$233,941
Aug 20251,38149,18563.933.01$236,568
Jul 20251,66351,30866.743.32$281,085
Jun 20251,57450,62566.483.13$263,031
May 20251,80054,76660.553.23$286,011
Apr 20251,87357,86362.363.54$321,816
Mar 20251,45648,32667.704.27$304,842
Feb 20251,82456,29170.884.34$373,635
Jan 20252,01161,56774.324.28$412,883
Dec 20242,09162,45068.993.12$339,188
Nov 20241,94460,98269.052.20$268,298
Oct 20241,74566,02671.372.28$275,172
Sep 20241,48065,90569.612.36$258,846
Aug 20241,94171,09275.632.06$293,505
Jul 20242,00772,49379.932.15$316,032
Jun 20241,93771,50978.082.63$339,594
May 20241,87076,67678.812.20$315,942
Apr 20242,19578,55584.451.66$315,706
Mar 20241,97678,48480.301.55$279,941
Feb 20242,29681,37476.091.78$319,845
Jan 20242,32191,20473.023.30$470,239
Dec 20232,40095,53171.262.61$420,429
Nov 20232,57886,67377.892.81$444,140
Oct 20232,86293,68385.443.09$533,755
Sep 20232,68599,00589.042.74$509,855
Aug 20232,871108,68180.522.67$521,664
Jul 20232,930137,70474.852.64$583,097
Jun 20232,797120,94868.962.26$466,040
May 20234,220170,11770.622.23$676,935
Apr 20235,754149,82078.122.24$784,764
Mar 20236,639135,92672.852.39$808,944
Feb 20237,564163,43275.112.47$971,103
Jan 20237,288122,28176.533.39$972,004
Dec 20228,438152,58676.415.73$1,518,925
Nov 20228,468161,84385.005.65$1,633,578

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         1,485 bbl  × $106.41 =   $158,019
Gas               42,836 Mcf  × $  3.05 =   $130,472

────────────────────────────────────────────────────
Month total                                 $288,490

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/294140 is the state's own key, not one this site invented.