PAYNE

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206875District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Mar 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and 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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112005-08-15164195
NGPA1none

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
CondensateDisposition2,544 bbl$133,787
GasProduction256,061 Mcf$1,611,202
Total$1,744,989

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 33.2437, -97.1724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24366, -97.17242 · 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
9,400 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 9,400 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-1213187819,400 ftMar 2004

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 (267)

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

267 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202504470.884.34$191
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 20240078.812.20$0
Apr 20240484.451.66$7
Mar 20240280.301.55$3
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230177.892.81$3
Oct 20230085.443.09$0
Sep 202301089.042.74$27
Aug 20230580.522.67$13
Jul 20230974.852.64$24
Jun 202301668.962.26$36
May 202308170.622.23$180
Apr 202301178.122.24$25
Mar 202308972.852.39$213
Feb 202304775.112.47$116
Jan 202301876.533.39$61
Dec 20220176.415.73$6
Nov 20220385.005.65$17
Oct 202201287.185.86$70
Sep 20220084.888.16$0
Aug 202202094.529.13$183
Jul 2022040101.587.54$302
Jun 2022031115.097.98$247
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220113108.885.08$574
Feb 20220091.054.86$0
Jan 202207081.844.54$318
Dec 20210071.323.90$0
Nov 2021011277.435.24$587
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210270.783.98$8
Jun 202104169.493.38$139
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202107761.302.72$209
Feb 202107157.805.55$394
Jan 20210050.412.81$0
Dec 202006544.642.68$174
Nov 202008038.772.71$217
Oct 202005136.972.48$126
Sep 202005537.091.99$110
Aug 202005639.982.39$134
Jul 202003838.371.83$69
Jun 202005634.901.69$95
May 202005616.921.81$102
Apr 202009114.751.80$164
Mar 20200030.341.86$0
Feb 202004449.881.98$87
Jan 202006257.252.09$130
Dec 201906259.012.30$143
Nov 201909255.302.75$253
Oct 201901053.472.42$24
Sep 20190055.052.66$0
Aug 201906453.112.30$147
Jul 20190056.272.46$0
Jun 201905352.782.49$132
May 2019013558.482.74$370
Apr 201901562.632.75$41
Mar 20190056.803.06$0
Feb 20190150.852.79$3
Jan 201905346.033.23$171
Dec 20180446.594.19$17
Nov 2018011452.934.24$483
Oct 201803161.443.40$105
Sep 20180059.543.11$0
Aug 201808359.403.07$255
Jul 2018037265.142.93$1,091
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017238055.423.12$13,190
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017066742.493.09$2,059
May 2017074245.373.26$2,421
Apr 2017067047.933.21$2,152
Mar 2017076546.772.98$2,283
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015019,87944.662.98$59,164
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014027989.394.04$1,126
Jul 2014027996.564.18$1,166
Jun 2014027098.164.74$1,279
May 2014010494.734.73$492
Apr 20140095.944.81$0
Mar 2014017095.895.06$860
Feb 2014075697.406.19$4,681
Jan 2014046590.404.86$2,260
Dec 2013030091.824.35$1,306
Nov 2013066188.853.74$2,471
Oct 2013059297.423.78$2,237
Sep 20130668104.113.72$2,483
Aug 20130642104.253.52$2,262
Jul 20130762102.523.72$2,833
Jun 2013053894.403.93$2,116
May 2013022394.834.15$925
Apr 2013021393.964.28$912
Mar 2013025493.623.91$994
Feb 2013039091.233.42$1,334
Jan 2013046091.603.42$1,573
Dec 2012043986.773.42$1,501
Nov 2012047786.953.62$1,729
Oct 2012176089.383.40$15,731
Sep 2012075194.672.92$2,192
Aug 2012093392.662.91$2,713
Jul 2012083185.133.02$2,510
Jun 201201,06579.822.52$2,683
May 2012076291.612.49$1,896
Apr 20120765101.652.00$1,528
Mar 20120789105.052.22$1,753
Feb 20121953101.102.57$2,551
Jan 2012186398.092.73$2,458
Dec 201111,19796.873.24$3,975
Nov 2011066895.723.31$2,212
Oct 2011092084.983.65$3,357
Sep 2011061683.623.99$2,455
Aug 2011083783.404.15$3,473
Jul 2011031594.144.52$1,423
Jun 2011039592.904.64$1,833
May 2011057198.134.40$2,515
Apr 20110254105.964.33$1,101
Mar 2011032696.364.06$1,323
Feb 2011030385.644.18$1,267
Jan 2011162186.504.59$2,936
Dec 2010054585.734.35$2,370
Nov 2010063480.843.80$2,406
Oct 2010066478.103.51$2,330
Sep 2010051972.633.98$2,065
Aug 2010054173.684.42$2,391
Jul 2010063072.554.74$2,984
Jun 2010045670.364.91$2,239
May 2010039071.124.24$1,652
Apr 2010049381.694.12$2,032
Mar 2010049078.394.39$2,150
Feb 2010451273.585.44$3,081
Jan 2010051874.365.96$3,089
Dec 2009077371.445.48$4,239
Nov 2009059474.593.75$2,228
Oct 2009034772.544.11$1,426
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 2009056661.133.46$1,961
Jun 2009081866.163.90$3,186
May 2009050754.743.93$1,990
Apr 2009057046.773.59$2,045
Mar 2009063542.144.06$2,577
Feb 2009047532.814.63$2,201
Jan 2009055135.865.37$2,959
Dec 2008056937.105.98$3,401
Nov 2008059055.496.86$4,048
Oct 2008058575.246.92$4,049
Sep 20080663101.767.88$5,223
Aug 20080920114.228.48$7,804
Jul 20080632131.0811.39$7,198
Jun 20080610131.3313.03$7,950
May 20080382123.1711.57$4,421
Apr 20080121110.3110.45$1,265
Mar 2008069101.909.66$667
Feb 200818911292.538.77$18,470
Jan 2008026390.388.21$2,158
Dec 200702,03388.337.30$14,845
Nov 200702,16491.677.29$15,779
Oct 200701,89582.856.92$13,117
Sep 200702,34675.846.24$14,649
Aug 200702,50769.066.39$16,015
Jul 200702,52870.906.39$16,149
Jun 200702,37862.007.55$17,950
May 200702,41758.747.85$18,964
Apr 200702,40559.617.81$18,772
Mar 200702,52856.927.30$18,459
Feb 200702,42155.108.22$19,891
Jan 200702,74450.306.73$18,458
Dec 200602,72956.656.92$18,880
Nov 200602,82454.207.62$21,512
Oct 200602,08654.906.01$12,545
Sep 200602,33560.085.04$11,762
Aug 2006522,71868.717.34$23,523
Jul 200603,15369.376.34$19,999
Jun 20061853,08766.286.38$31,969
May 200603,30766.016.42$21,247
Apr 200603,23564.397.36$23,811
Mar 200603,25656.707.08$23,062
Feb 200603,10757.597.75$24,083
Jan 200603,61860.598.93$32,321
Dec 200503,65454.9413.42$49,020
Nov 200503,66254.6910.59$38,775
Oct 20051943,91558.3413.80$65,328
Sep 200503,72661.4512.08$45,006
Aug 200502,61061.519.80$25,570
Jul 200504,25455.697.84$33,367
Jun 200504,26452.337.38$31,473
May 200504,66545.226.65$31,028
Apr 20051684,83549.207.36$43,854
Mar 200504,67450.377.15$33,442
Feb 200504,69445.226.31$29,628
Jan 200504,36243.166.32$27,577
Dec 20041734,85639.866.75$39,679
Nov 200405,54545.286.33$35,102
Oct 20041825,68349.706.52$46,071
Sep 200406,47943.245.28$34,234
Aug 200405,85242.375.55$32,482
Jul 20041867,62238.286.08$53,494
Jun 20041908,65836.106.43$62,556
May 200419310,65437.486.49$76,427
Apr 200437811,10934.475.86$78,111
Mar 2004329,64834.365.53$54,454

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.

Feb 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.88 =         $0
Gas                   44 Mcf  × $  4.34 =       $191

────────────────────────────────────────────────────
Month total                                     $191

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. 09/G/206875 is the state's own key, not one this site invented.