CRESCENT SPRINGS
CRESCENT SPRINGS is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 2,453,153 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $569K, with roughly $92K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 4,025 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 8,764 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about CRESCENT SPRINGS
- Who operates CRESCENT SPRINGS?
- CRESCENT SPRINGS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is CRESCENT SPRINGS?
- CRESCENT SPRINGS is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 248089.
- Is CRESCENT SPRINGS still producing?
- CRESCENT SPRINGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRESCENT SPRINGS is August 2026.
- How much has CRESCENT SPRINGS produced?
- CRESCENT SPRINGS has reported 2,453,153 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is CRESCENT SPRINGS worth?
- The remaining production from CRESCENT SPRINGS is estimated to be worth about $569K in total as of 26 August 2026, within a range of $472K to $666K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRESCENT SPRINGS is a fraction of it. The estimate fits an Arps decline curve to the production CRESCENT SPRINGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRESCENT SPRINGS is an estimate of value, not an offer and not an appraisal.
- How much income does CRESCENT SPRINGS generate in a year?
- CRESCENT SPRINGS is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRESCENT SPRINGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 248089 |
| Wellbores | 1 |
| Reported production | 2,453,153 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $569K |
Where CRESCENT SPRINGS sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.