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RADER

Operated by E2 OPERATING LLC (P-5 238475) in the EASTHAM STATE FARM (GLENROSE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282778District 06Field 27347500CondensateGasSaveExport
Value, all time
$1.5 M
Jun 2017 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
108
no gaps in the span
Streams
2
condensate, gas

The EASTHAM STATE FARM (GLENROSE) field

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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
1983-06-01
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2016-09-12.

The Commission's schedule remark for this field reads: “AMENDED.”

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
CondensateDisposition23,459 bbl$1,223,363
GasProduction95,484 Mcf$288,902
Total$1,512,265

Every month this lease reported (108)

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

108 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260289.753.15$6
Feb 20260063.503.75$0
Jan 20260259.138.00$16
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202501459.383.30$46
Sep 20250262.743.08$6
Aug 20250363.933.01$9
Jul 20250266.743.32$7
Jun 202587066.483.13$5,784
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024127078.812.20$10,009
Apr 2024015684.451.66$259
Mar 2024321480.301.55$2,591
Feb 20240276.091.78$4
Jan 2024013373.023.30$439
Dec 2023189571.262.61$13,481
Nov 202317810977.892.81$14,170
Oct 2023015985.443.09$491
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202303768.962.26$84
May 2023176070.622.23$12,429
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230275.112.47$5
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202214787.185.86$363
Sep 202204784.888.16$384
Aug 202202494.529.13$219
Jul 2022034101.587.54$256
Jun 202200115.097.98$0
May 2022063109.378.43$531
Apr 2022034104.226.84$232
Mar 202209108.885.08$46
Feb 202202891.054.86$136
Jan 202204881.844.54$218
Dec 2021831071.323.90$5,959
Nov 20210077.435.24$0
Oct 202103279.795.71$183
Sep 2021102069.865.35$7,126
Aug 202103066.024.22$127
Jul 202108070.783.98$319
Jun 202105369.493.38$179
May 202102563.483.02$75
Apr 202106360.362.76$174
Mar 20210061.302.72$0
Feb 2021021957.805.55$1,215
Jan 202107550.412.81$211
Dec 20208016644.642.68$4,015
Nov 202018085138.772.71$9,282
Oct 20200036.972.48$0
Sep 202002137.091.99$42
Aug 2020056239.982.39$1,340
Jul 202018189838.371.83$8,584
Jun 202003434.901.69$57
May 202006516.921.81$118
Apr 2020080914.751.80$1,460
Mar 20203501,56130.341.86$13,517
Feb 202018179049.881.98$10,593
Jan 2020078557.252.09$1,644
Dec 201917474059.012.30$11,973
Nov 2019035055.302.75$963
Oct 2019048153.472.42$1,163
Sep 2019067455.052.66$1,791
Aug 201916856353.112.30$10,220
Jul 201917171456.272.46$11,379
Jun 2019026752.782.49$665
May 201934880958.482.74$22,568
Apr 201918072262.632.75$13,259
Mar 201917141456.803.06$10,981
Feb 2019061450.852.79$1,714
Jan 201917432646.033.23$9,062
Dec 20183391,16746.594.19$20,678
Nov 20181791,16452.934.24$14,407
Oct 20181821,40761.443.40$15,963
Sep 20183691,64659.543.11$27,086
Aug 20185341,86759.403.07$37,445
Jul 20181781,72565.142.93$16,652
Jun 20183652,15760.183.08$28,603
May 20187322,79365.382.90$55,960
Apr 20185403,30463.842.90$44,058
Mar 20185294,56361.222.79$45,102
Feb 20189255,20061.782.77$71,530
Jan 20189195,98762.874.01$81,781
Dec 20171,2646,00957.272.92$89,945
Nov 20171,2765,64855.423.12$88,328
Oct 20172,7377,25149.292.98$156,541
Sep 20172,6368,98247.523.09$152,993
Aug 20171,5974,94745.373.00$87,319
Jul 20171,9707,60043.873.09$109,887
Jun 20172,8557,28842.493.09$143,809

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    2 Mcf  × $  3.15 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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. 06/G/282778 is the state's own key, not one this site invented.