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 206876District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 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 Gas112005-08-15164196
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
CondensateDisposition1,895 bbl$101,568
GasProduction274,272 Mcf$1,463,974
Total$1,565,542

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 33.2413, -97.1735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24128, -97.17353 · 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
9,358 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 9,358 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-1213221729,358 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 20254060.553.23$242
Apr 20255062.363.54$312
Mar 20255067.704.27$339
Feb 2025514170.884.34$966
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 2024018784.451.66$310
Mar 2024019180.301.55$295
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202361071.262.61$4,347
Nov 2023020077.892.81$562
Oct 20230085.443.09$0
Sep 2023017889.042.74$487
Aug 2023020580.522.67$548
Jul 2023020274.852.64$534
Jun 2023021968.962.26$495
May 2023022670.622.23$503
Apr 2023026878.122.24$600
Mar 2023019272.852.39$459
Feb 2023020675.112.47$508
Jan 2023026276.533.39$888
Dec 2022028076.415.73$1,604
Nov 2022025585.005.65$1,440
Oct 2022024387.185.86$1,425
Sep 20220084.888.16$0
Aug 2022024294.529.13$2,209
Jul 20220156101.587.54$1,177
Jun 20220183115.097.98$1,460
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220196108.885.08$995
Feb 2022017191.054.86$831
Jan 2022071281.844.54$3,231
Dec 20210071.323.90$0
Nov 2021016077.435.24$838
Oct 2021020779.795.71$1,183
Sep 2021018669.865.35$995
Aug 2021019566.024.22$823
Jul 2021017670.783.98$701
Jun 2021019669.493.38$663
May 2021024563.483.02$739
Apr 2021017360.362.76$477
Mar 2021029761.302.72$807
Feb 2021023357.805.55$1,293
Jan 2021028050.412.81$787
Dec 2020025344.642.68$677
Nov 2020025138.772.71$679
Oct 2020028736.972.48$711
Sep 2020030737.091.99$611
Aug 2020032839.982.39$782
Jul 2020035538.371.83$648
Jun 2020036034.901.69$609
May 2020039816.921.81$722
Apr 2020034114.751.80$615
Mar 2020041630.341.86$772
Feb 2020041349.881.98$818
Jan 2020049157.252.09$1,029
Dec 2019056959.012.30$1,311
Nov 2019051055.302.75$1,403
Oct 2019058053.472.42$1,403
Sep 2019054655.052.66$1,451
Aug 2019061953.112.30$1,426
Jul 2019060256.272.46$1,481
Jun 2019050252.782.49$1,251
May 2019067758.482.74$1,855
Apr 2019027562.632.75$756
Mar 2019046856.803.06$1,433
Feb 2019077250.852.79$2,156
Jan 2019064946.033.23$2,095
Dec 201802,21346.594.19$9,262
Nov 201802,23452.934.24$9,466
Oct 201801,12161.443.40$3,809
Sep 201801,18259.543.11$3,674
Aug 201801,08159.403.07$3,315
Jul 201802,13865.142.93$6,268
Jun 201802,35960.183.08$7,258
May 201802,15965.382.90$6,263
Apr 201801,30063.842.90$3,771
Mar 2018054861.222.79$1,527
Feb 2018041061.782.77$1,134
Jan 2018041062.874.01$1,644
Dec 201702,06457.272.92$6,030
Nov 20171,0043,25255.423.12$65,783
Oct 2017049849.292.98$1,486
Sep 2017052747.523.09$1,627
Aug 2017063945.373.00$1,920
Jul 2017065543.873.09$2,022
Jun 2017039242.493.09$1,210
May 2017036345.373.26$1,185
Apr 2017032947.933.21$1,057
Mar 2017034546.772.98$1,029
Feb 2017074450.452.95$2,197
Jan 2017093849.413.42$3,207
Dec 2016093848.763.72$3,492
Nov 2016092042.492.64$2,433
Oct 2016098146.193.09$3,032
Sep 2016093141.553.10$2,887
Aug 2016088941.442.92$2,600
Jul 2016092841.622.92$2,714
Jun 2016082845.352.69$2,224
May 2016082042.521.99$1,633
Apr 2016083436.561.99$1,661
Mar 201601,00333.011.79$1,799
Feb 201601,00626.472.06$2,076
Jan 201601,10727.352.36$2,617
Dec 201501,13132.362.00$2,264
Nov 201501,22838.792.17$2,661
Oct 201502,06843.552.43$5,018
Sep 201501,11342.992.76$3,070
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015038855.212.96$1,147
Apr 201501,16449.822.71$3,150
Mar 2015151,30142.892.93$4,461
Feb 2015119,24744.662.98$28,012
Jan 201501,29743.433.10$4,022
Dec 201401,07554.693.59$3,861
Nov 2014087870.464.25$3,733
Oct 201409878.303.90$382
Sep 2014010286.164.05$413
Aug 2014061389.394.04$2,474
Jul 2014026296.564.18$1,095
Jun 2014024098.164.74$1,137
May 201407594.734.73$354
Apr 20140495.944.81$19
Mar 201406295.895.06$314
Feb 20140097.406.19$0
Jan 2014015790.404.86$763
Dec 2013019791.824.35$858
Nov 2013024888.853.74$927
Oct 2013023297.423.78$877
Sep 20130258104.113.72$959
Aug 20130288104.253.52$1,015
Jul 20130262102.523.72$974
Jun 2013049894.403.93$1,959
May 2013070894.834.15$2,938
Apr 201309393.964.28$398
Mar 2013011893.623.91$462
Feb 2013016591.233.42$564
Jan 2013025491.603.42$869
Dec 2012023786.773.42$811
Nov 2012025986.953.62$939
Oct 2012107089.383.40$9,564
Sep 2012038794.672.92$1,129
Aug 2012053992.662.91$1,568
Jul 2012064985.133.02$1,961
Jun 2012051079.822.52$1,285
May 2012080791.612.49$2,008
Apr 20120871101.652.00$1,739
Mar 20120927105.052.22$2,060
Feb 20120341101.102.57$876
Jan 2012077498.092.73$2,116
Dec 2011046696.873.24$1,510
Nov 2011063595.723.31$2,103
Oct 2011071084.983.65$2,590
Sep 2011061383.623.99$2,443
Aug 2011075483.404.15$3,129
Jul 2011080094.144.52$3,614
Jun 2011074692.904.64$3,461
May 2011075198.134.40$3,308
Apr 20110637105.964.33$2,760
Mar 2011062096.364.06$2,516
Feb 2011056085.644.18$2,341
Jan 2011067386.504.59$3,088
Dec 2010068585.734.35$2,978
Nov 2010096880.843.80$3,674
Oct 2010084278.103.51$2,954
Sep 2010076972.633.98$3,060
Aug 2010083473.684.42$3,686
Jul 2010073372.554.74$3,472
Jun 2010190070.364.91$4,490
May 2010092971.124.24$3,935
Apr 2010094981.694.12$3,912
Mar 2010096778.394.39$4,244
Feb 2010094973.585.44$5,165
Jan 201001,01974.365.96$6,077
Dec 200901,17171.445.48$6,421
Nov 200901,15474.593.75$4,329
Oct 2009181272.544.11$3,410
Sep 200901,44465.543.06$4,426
Aug 200903,23067.423.22$10,396
Jul 200901,83761.133.46$6,364
Jun 2009095966.163.90$3,735
May 200901,09954.743.93$4,314
Apr 200901,04046.773.59$3,731
Mar 200901,11642.144.06$4,530
Feb 2009098732.814.63$4,573
Jan 200901,20335.865.37$6,461
Dec 200801,30137.105.98$7,776
Nov 200801,39555.496.86$9,570
Oct 200801,29275.246.92$8,943
Sep 20080727101.767.88$5,727
Aug 20080395114.228.48$3,351
Jul 20080422131.0811.39$4,806
Jun 20080545131.3313.03$7,103
May 20080523123.1711.57$6,053
Apr 20080525110.3110.45$5,489
Mar 20080546101.909.66$5,277
Feb 2008059392.538.77$5,201
Jan 2008080890.388.21$6,630
Dec 2007097688.337.30$7,127
Nov 200701,34091.677.29$9,771
Oct 200701,10282.856.92$7,628
Sep 200701,32675.846.24$8,280
Aug 200701,41469.066.39$9,033
Jul 200701,45170.906.39$9,269
Jun 200701,40362.007.55$10,590
May 200701,53658.747.85$12,052
Apr 200701,44359.617.81$11,263
Mar 200701,57756.927.30$11,515
Feb 200701,36355.108.22$11,198
Jan 2007083850.306.73$5,637
Dec 200601,02656.656.92$7,098
Nov 200601,13654.207.62$8,653
Oct 200601,15254.906.01$6,928
Sep 200601,11460.085.04$5,611
Aug 20061431,13468.717.34$18,149
Jul 200601,33169.376.34$8,442
Jun 200601,36766.286.38$8,727
May 200601,59966.016.42$10,274
Apr 200601,31064.397.36$9,642
Mar 200601,08256.707.08$7,664
Feb 200601,37257.597.75$10,635
Jan 200601,59360.598.93$14,231
Dec 200501,66254.9413.42$22,296
Nov 200501,93954.6910.59$20,531
Oct 200502,04458.3413.80$28,199
Sep 200502,29161.4512.08$27,673
Aug 200504,09061.519.80$40,069
Jul 200502,55555.697.84$20,041
Jun 200502,49052.337.38$18,379
May 200502,47045.226.65$16,428
Apr 200503,45349.207.36$25,416
Mar 200503,77950.377.15$27,038
Feb 200503,79845.226.31$23,973
Jan 200505,34443.166.32$33,786
Dec 20041885,30139.866.75$43,281
Nov 200404,87045.286.33$30,829
Oct 200404,91249.706.52$32,002
Sep 200404,39443.245.28$23,217
Aug 200405,39942.375.55$29,968
Jul 200406,30238.286.08$38,343
Jun 20041837,77936.106.43$56,649
May 2004010,83937.486.49$70,395
Apr 200409,92634.475.86$58,151
Mar 200416214,37434.365.53$85,057

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 2025 — as filed, then multipliedworked
Condensate             4 bbl  × $ 60.55 =       $242
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $242

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/206876 is the state's own key, not one this site invented.