LOOS UNIT

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

Gas lease lease 288931District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Mar 2020 – May 2026
Value, last 12 filed months
$722 k
at the published price for each month
Months reported
75
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112020-06-05227143

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition154,369 bbl$8,102,785
GasProduction1,320,906 Mcf$4,091,594
Total$12,194,378

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.3646, -97.2409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.36457, -97.24089 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,916 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,916 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-1233490712L12,916 ftMar 2020

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (75)

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

75 months

May 20263393,863106.413.05$47,839
Apr 20265385,00998.932.87$67,599
Mar 20265224,10489.753.15$59,775
Feb 20265363,72763.503.75$48,013
Jan 20267037,18259.138.00$99,009
Dec 20254706,19356.664.41$53,962
Nov 20257436,43858.593.93$68,811
Oct 20255195,99759.383.30$50,637
Sep 20257094,88162.743.08$59,501
Aug 20257384,79763.933.01$61,642
Jul 20255505,12366.743.32$53,691
Jun 20255604,50266.483.13$51,314
May 20256855,20760.553.23$58,307
Apr 20259165,06962.363.54$75,082
Mar 20255596,53067.704.27$65,716
Feb 20257475,40170.884.34$76,392
Jan 20253686,66574.324.28$55,867
Dec 20247416,13768.993.12$70,277
Nov 20241,0926,49469.052.20$89,679
Oct 20245696,49471.372.28$55,425
Sep 20247226,60869.612.36$65,882
Aug 20245525,51575.632.06$53,129
Jul 20247313,36179.932.15$65,644
Jun 20249523,91078.082.63$84,631
May 20247264,11978.812.20$66,271
Apr 20245585,50884.451.66$56,262
Mar 20248916,22480.301.55$81,164
Feb 20247695,90976.091.78$69,053
Jan 20249366,64973.023.30$90,273
Dec 20237619,35271.262.61$78,644
Nov 20239598,59677.892.81$98,830
Oct 20237677,26385.443.09$87,955
Sep 20239464,88589.042.74$97,593
Aug 20239306,45780.522.67$92,142
Jul 20238955,91174.852.64$82,606
Jun 20239095,86668.962.26$75,933
May 20231,1146,03470.622.23$92,111
Apr 20237585,20878.122.24$70,869
Mar 20231,0846,01372.852.39$93,359
Feb 20231,1774,43375.112.47$99,335
Jan 20231,1037,34376.533.39$109,289
Dec 20221,1127,10076.415.73$125,644
Nov 20221,7527,99885.005.65$194,078
Oct 20229299,34987.185.86$135,811
Sep 20221,1359,07684.888.16$170,432
Aug 20221,47410,33894.529.13$233,679
Jul 20221,38311,695101.587.54$228,690
Jun 20221,36511,367115.097.98$247,775
May 20221,62911,638109.378.43$276,307
Apr 20221,13611,692104.226.84$198,339
Mar 20221,42112,038108.885.08$215,828
Feb 20221,33414,90191.054.86$193,862
Jan 20222,13117,47181.844.54$253,679
Dec 20211,81117,25171.323.90$196,424
Nov 20211,94220,94977.435.24$260,076
Oct 20211,85920,97579.795.71$268,178
Sep 20211,82018,59269.865.35$226,630
Aug 20212,24420,56766.024.22$234,954
Jul 20212,05521,49770.783.98$231,056
Jun 20212,49722,79769.493.38$250,585
May 20212,52824,28963.483.02$233,774
Apr 20212,69624,80060.362.76$231,139
Mar 20212,62529,38361.302.72$240,744
Feb 20212,48630,65157.805.55$313,741
Jan 20213,62940,91350.412.81$297,914
Dec 20204,23845,30944.642.68$310,407
Nov 20203,94743,09738.772.71$269,670
Oct 20204,92142,54936.972.48$287,384
Sep 20205,91652,94937.091.99$324,848
Aug 20207,70969,98739.982.39$475,132
Jul 20209,443103,33738.371.83$550,930
Jun 202010,09772,79734.901.69$475,435
May 20207,40749,64616.921.81$215,422
Apr 202015,001116,63014.751.80$431,710
Mar 20209,85362,30130.341.86$414,585

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           339 bbl  × $106.41 =    $36,073
Gas                3,863 Mcf  × $  3.05 =    $11,766

────────────────────────────────────────────────────
Month total                                  $47,839

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. 02/G/288931 is the state's own key, not one this site invented.