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 294205District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.4 M
Nov 2022 – May 2026
Value, last 12 filed months
$3.7 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
CondensateDisposition132,659 bbl$9,990,933
GasProduction4,182,153 Mcf$12,414,066
Total$22,404,999

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 20261,27652,363106.413.05$295,268
Apr 20261,54352,21298.932.87$302,483
Mar 20261,83852,83389.753.15$331,355
Feb 20261,13449,98763.503.75$259,476
Jan 20261,45355,75059.138.00$531,800
Dec 20251,56657,82856.664.41$343,945
Nov 20251,52862,16558.593.93$333,613
Oct 202595054,61659.383.30$236,908
Sep 20251,12345,21362.743.08$209,574
Aug 20251,59958,79363.933.01$279,471
Jul 20251,39961,09266.743.32$295,901
Jun 20251,26559,26466.483.13$269,518
May 20251,90063,93360.553.23$321,697
Apr 20251,96465,96762.363.54$356,204
Mar 20251,65762,03467.704.27$376,960
Feb 20251,83962,97170.884.34$403,695
Jan 20252,09668,40874.324.28$448,471
Dec 20242,10669,19768.993.12$361,282
Nov 20241,65370,34269.052.20$268,782
Oct 20241,78775,98071.372.28$300,879
Sep 20241,63877,44069.612.36$297,117
Aug 20242,01981,95775.632.06$321,826
Jul 20241,82282,98679.932.15$323,769
Jun 20241,58481,62178.082.63$338,667
May 20242,16888,97878.812.20$366,473
Apr 20242,19389,20284.451.66$333,203
Mar 20242,11187,74780.301.55$305,094
Feb 20242,39893,09876.091.78$348,517
Jan 20242,549104,10073.023.30$529,414
Dec 20232,600108,12971.262.61$467,571
Nov 20232,639116,98977.892.81$534,005
Oct 20232,919128,30585.443.09$645,513
Sep 20233,070131,99689.042.74$634,367
Aug 20233,126124,74880.522.67$585,142
Jul 20232,881160,18574.852.64$638,820
Jun 20233,488155,64468.962.26$592,051
May 20234,993204,54770.622.23$808,214
Apr 20236,489211,82978.122.24$980,943
Mar 20239,664213,82072.852.39$1,215,728
Feb 202310,276219,29175.112.47$1,312,532
Jan 202313,710203,60576.533.39$1,738,983
Dec 20229,215122,45376.415.73$1,405,661
Nov 20227,43192,53585.005.65$1,154,106

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         1,276 bbl  × $106.41 =   $135,779
Gas               52,363 Mcf  × $  3.05 =   $159,489

────────────────────────────────────────────────────
Month total                                 $295,268

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/294205 is the state's own key, not one this site invented.