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 294263District 04Field 39744250Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$17.5 M
Oct 2022 – May 2026
Value, last 12 filed months
$2.8 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-1112023-08-28232880

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
GasProduction5,389,862 Mcf$17,546,139
Total$17,546,139

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 27.8933, -99.7859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89333, -99.78588 · 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
9,252 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 9,252 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-47944704205H9,252 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 202655,176106.413.05$168,057
Apr 202655,08698.932.87$158,081
Mar 202658,41889.753.15$183,984
Feb 202654,88563.503.75$205,836
Jan 202663,83059.138.00$510,507
Dec 202567,13556.664.41$296,291
Nov 202563,30558.593.93$248,563
Oct 202562,51059.383.30$206,586
Sep 202563,62662.743.08$195,772
Aug 202568,49363.933.01$206,490
Jul 202568,78766.743.32$228,043
Jun 202569,17166.483.13$216,417
May 202571,03360.553.23$229,601
Apr 202572,89962.363.54$258,290
Mar 202576,86767.704.27$328,093
Feb 202570,09970.884.34$304,289
Jan 202580,41574.324.28$344,070
Dec 202483,01868.993.12$259,130
Nov 202479,93269.052.20$175,726
Oct 202487,57771.372.28$199,798
Sep 202485,29869.612.36$201,675
Aug 202484,08175.632.06$173,512
Jul 2024105,70079.932.15$226,895
Jun 2024104,72678.082.63$275,846
May 2024107,13978.812.20$235,539
Apr 202496,32684.451.66$159,824
Mar 2024110,95180.301.55$171,434
Feb 2024105,93576.091.78$188,950
Jan 2024111,41373.023.30$367,402
Dec 2023129,23671.262.61$337,399
Nov 2023119,33577.892.81$335,040
Oct 2023129,90585.443.09$401,053
Sep 2023130,87389.042.74$357,943
Aug 2023158,27580.522.67$423,050
Jul 2023186,20174.852.64$491,906
Jun 2023139,15868.962.26$314,286
May 2023168,67670.622.23$375,709
Apr 2023221,32578.122.24$495,272
Mar 2023270,63372.852.39$647,668
Feb 2023291,04375.112.47$717,619
Jan 2023384,88376.533.39$1,303,876
Dec 2022438,76176.415.73$2,513,697
Nov 2022337,51385.005.65$1,905,666
Oct 202221487.185.86$1,255

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               55,176 Mcf  × $  3.05 =   $168,057

────────────────────────────────────────────────────
Month total                                 $168,057

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/294263 is the state's own key, not one this site invented.