FASKEN STATE

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

Gas lease lease 294251District 04Field 39744250Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$28.5 M
Oct 2022 – May 2026
Value, last 12 filed months
$4.7 M
at the published price for each month
Months reported
44
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 347 leases and 347 wells, and the rule below applies to all of them.

Discovered
2010-09-21
as the register files it
Field class
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 320 acres. The field rule took effect on 2016-11-15.

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: ENTIRE CORRELATIVE INTERVAL IS 10,230'-10,795'

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-1112023-08-28232882

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
GasProduction9,166,028 Mcf$28,547,801
Total$28,547,801

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 27.8534, -99.7696. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.85343, -99.76958 · 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
9,476 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 9,476 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-47944706207H9,476 ftOct 2022

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 (44)

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

44 months

May 202697,680106.413.05$297,518
Apr 202697,05998.932.87$278,532
Mar 2026103,57589.753.15$326,203
Feb 202692,01563.503.75$345,086
Jan 2026109,94459.138.00$879,323
Dec 2025111,98556.664.41$494,230
Nov 202586,21158.593.93$338,502
Oct 2025113,25659.383.30$374,293
Sep 2025113,73962.743.08$349,966
Aug 2025119,25863.933.01$359,534
Jul 2025119,41366.743.32$395,878
Jun 202590,60766.483.13$283,484
May 2025130,39660.553.23$421,482
Apr 2025130,99662.363.54$464,135
Mar 2025138,68967.704.27$591,969
Feb 2025126,00570.884.34$546,968
Jan 2025142,96774.324.28$611,710
Dec 2024145,85468.993.12$455,264
Nov 2024141,17569.052.20$310,365
Oct 2024152,20471.372.28$347,238
Sep 2024145,19869.612.36$343,300
Aug 2024134,16575.632.06$276,867
Jul 2024217,87479.932.15$467,686
Jun 2024214,74478.082.63$565,631
May 2024246,56878.812.20$542,065
Apr 2024239,57984.451.66$397,509
Mar 2024254,01380.301.55$392,483
Feb 2024165,40476.091.78$295,021
Jan 2024182,66573.023.30$602,367
Dec 2023206,48971.262.61$539,085
Nov 2023185,91577.892.81$521,968
Oct 2023237,03785.443.09$731,800
Sep 2023254,33189.042.74$695,605
Aug 2023281,42380.522.67$752,210
Jul 2023306,29874.852.64$809,178
Jun 2023328,04768.962.26$740,888
May 2023368,48570.622.23$820,763
Apr 2023393,14378.122.24$879,760
Mar 2023447,77872.852.39$1,071,604
Feb 2023447,62375.112.47$1,103,695
Jan 2023554,20876.533.39$1,877,502
Dec 2022572,40576.415.73$3,279,354
Nov 2022416,90285.005.65$2,353,912
Oct 20222,70687.185.86$15,867

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               97,680 Mcf  × $  3.05 =   $297,518

────────────────────────────────────────────────────
Month total                                 $297,518

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. 04/G/294251 is the state's own key, not one this site invented.