FASKEN STATE

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294240District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$13.9 M
Dec 2022 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
42
no gaps in the span
Streams
1
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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
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 2015-08-25.

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: WILL REQUIRE A REGULAR SWR 38.

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
GasProduction4,885,468 Mcf$13,898,517
Total$13,898,517

Every month this lease reported (42)

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

42 months

May 202669,443106.413.05$211,512
Apr 202669,22998.932.87$198,668
Mar 202675,50289.753.15$237,789
Feb 202673,79063.503.75$276,736
Jan 202675,67759.138.00$605,259
Dec 202538,69656.664.41$170,779
Nov 202576,85958.593.93$301,782
Oct 202575,17359.383.30$248,435
Sep 202575,31062.743.08$231,723
Aug 202580,76663.933.01$243,490
Jul 202583,79566.743.32$277,797
Jun 202584,58066.483.13$264,627
May 202587,45360.553.23$282,676
Apr 202587,64962.363.54$310,551
Mar 202594,17967.704.27$401,986
Feb 202586,31170.884.34$374,662
Jan 202599,71074.324.28$426,627
Dec 2024103,66168.993.12$323,564
Nov 2024101,60169.052.20$223,364
Oct 202496,66571.372.28$220,532
Sep 202489,41769.612.36$211,414
Aug 2024141,69775.632.06$292,410
Jul 2024140,54379.932.15$301,688
Jun 2024148,35178.082.63$390,754
May 2024170,07078.812.20$373,889
Apr 2024132,04984.451.66$219,096
Mar 2024132,78480.301.55$205,169
Feb 2024121,42476.091.78$216,577
Jan 2024111,09873.023.30$366,363
Dec 2023146,62871.262.61$382,805
Nov 2023155,11077.892.81$435,481
Oct 2023155,95685.443.09$481,480
Sep 2023153,69289.042.74$420,354
Aug 2023169,65680.522.67$453,470
Jul 2023164,69374.852.64$435,086
Jun 2023167,57968.962.26$378,474
May 2023182,11470.622.23$405,641
Apr 2023180,05278.122.24$402,913
Mar 2023189,10172.852.39$452,549
Feb 2023179,03775.112.47$441,448
Jan 2023193,11476.533.39$654,216
Dec 202225,25476.415.73$144,682

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
Gas               69,443 Mcf  × $  3.05 =   $211,512

────────────────────────────────────────────────────
Month total                                 $211,512

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/294240 is the state's own key, not one this site invented.