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 294181District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$36.7 M
Nov 2022 – May 2026
Value, last 12 filed months
$7.6 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
CondensateDisposition220,600 bbl$16,452,921
GasProduction6,970,602 Mcf$20,279,557
Total$36,732,478

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 20262,851110,766106.413.05$640,750
Apr 20262,651108,60998.932.87$573,941
Mar 20262,952111,29189.753.15$615,446
Feb 20263,092106,17963.503.75$594,547
Jan 20263,326113,11359.138.00$1,101,335
Dec 20253,420120,45656.664.41$725,393
Nov 20253,033111,22358.593.93$614,414
Oct 20252,00591,90559.383.30$422,788
Sep 20253,003111,75162.743.08$532,257
Aug 20253,081114,68463.933.01$542,713
Jul 20253,852122,10266.743.32$661,875
Jun 20253,546114,94866.483.13$595,378
May 20254,022130,75260.553.23$666,164
Apr 20254,036132,37762.363.54$720,713
Mar 20253,089109,83367.704.27$677,928
Feb 20253,639119,83070.884.34$778,095
Jan 20254,020134,00874.324.28$872,144
Dec 20244,341140,17568.993.12$737,024
Nov 20243,648130,24969.052.20$538,239
Oct 20243,580149,00071.372.28$595,433
Sep 20242,623122,14069.612.36$471,370
Aug 20243,440146,84975.632.06$563,209
Jul 20243,095146,90479.932.15$562,726
Jun 20242,320127,13878.082.63$516,025
May 20244,062218,21578.812.20$799,859
Apr 20244,279229,72684.451.66$742,523
Mar 20244,066197,65880.301.55$631,907
Feb 20244,218240,07676.091.78$749,157
Jan 20244,841295,36873.023.30$1,327,513
Dec 20236,058334,32071.262.61$1,304,509
Nov 20237,527274,35377.892.81$1,356,541
Oct 20239,032329,64185.443.09$1,789,388
Sep 20238,849185,27789.042.74$1,294,655
Aug 20239,605214,77180.522.67$1,347,452
Jul 20239,980227,95974.852.64$1,349,225
Jun 20239,246198,68568.962.26$1,086,330
May 202312,146236,68970.622.23$1,384,952
Apr 202312,852234,22378.122.24$1,528,133
Mar 20239,897167,14072.852.39$1,120,989
Feb 202310,217175,58075.112.47$1,200,323
Jan 20238,760164,23276.533.39$1,226,775
Dec 20226,131116,59976.415.73$1,136,475
Nov 20221693,80885.005.65$35,866

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         2,851 bbl  × $106.41 =   $303,375
Gas              110,766 Mcf  × $  3.05 =   $337,376

────────────────────────────────────────────────────
Month total                                 $640,750

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/294181 is the state's own key, not one this site invented.