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 294193District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.0 M
Nov 2022 – May 2026
Value, last 12 filed months
$3.2 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
CondensateDisposition104,964 bbl$7,909,900
GasProduction3,246,174 Mcf$10,107,786
Total$18,017,686

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 20261,45643,061106.413.05$286,090
Apr 20261,43340,62698.932.87$258,352
Mar 20261,40642,01589.753.15$258,512
Feb 20261,42940,34163.503.75$242,033
Jan 20261,50543,45759.138.00$436,556
Dec 20251,46346,43956.664.41$287,846
Nov 20251,17345,92058.593.93$249,028
Oct 20251,22744,60159.383.30$220,258
Sep 20251,31343,60562.743.08$216,547
Aug 20251,34144,53763.933.01$219,999
Jul 20251,62948,64666.743.32$269,991
Jun 20251,57748,10966.483.13$255,359
May 20251,74252,66160.553.23$275,695
Apr 20251,87055,00462.363.54$311,499
Mar 20251,43547,11167.704.27$298,234
Feb 20251,79751,75870.884.34$352,045
Jan 20251,99656,51774.324.28$390,161
Dec 20242,01757,35668.993.12$318,182
Nov 20241,78955,80469.052.20$246,212
Oct 20241,70160,97871.372.28$260,516
Sep 20241,49259,89369.612.36$245,467
Aug 20241,78464,51475.632.06$268,057
Jul 20241,97066,31079.932.15$299,802
Jun 20242,00766,80178.082.63$332,659
May 20242,10571,22578.812.20$322,479
Apr 20242,00671,23384.451.66$287,596
Mar 20241,72568,26480.301.55$243,994
Feb 20242,02272,74976.091.78$283,612
Jan 20242,29780,91673.023.30$434,560
Dec 20231,92284,72371.262.61$358,150
Nov 20231,60887,50877.892.81$370,931
Oct 20231,88390,44685.443.09$440,116
Sep 20232,17890,88389.042.74$442,498
Aug 20231,81391,68580.522.67$391,046
Jul 20232,505122,50374.852.64$511,128
Jun 20232,314102,45668.962.26$390,968
May 20233,492151,72370.622.23$584,553
Apr 20234,557130,63178.122.24$648,314
Mar 20234,955117,28072.852.39$641,642
Feb 20236,127153,18775.112.47$837,909
Jan 20236,048116,75976.533.39$858,400
Dec 20226,476118,13076.415.73$1,171,607
Nov 202210,379197,80985.005.65$1,999,084

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         1,456 bbl  × $106.41 =   $154,933
Gas               43,061 Mcf  × $  3.05 =   $131,157

────────────────────────────────────────────────────
Month total                                 $286,090

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/294193 is the state's own key, not one this site invented.