BUCHANAN

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 215324District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.4 M
Dec 2005 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
246
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 Gas112007-09-13171326
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
CondensateDisposition27,569 bbl$1,872,172
GasProduction3,159,187 Mcf$18,507,796
Total$20,379,968

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 33.1651, -97.6015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16513, -97.60153 · 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
7,428 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 7,428 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-497359041H7,428 ftDec 2005

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 (246)

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

246 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026041563.503.75$1,556
Jan 2026084759.138.00$6,774
Dec 2025047056.664.41$2,074
Nov 202513179958.593.93$10,813
Oct 202501,51659.383.30$5,010
Sep 2025052762.743.08$1,622
Aug 2025053763.933.01$1,619
Jul 2025043966.743.32$1,455
Jun 2025053966.483.13$1,686
May 2025055760.553.23$1,800
Apr 2025059562.363.54$2,108
Mar 2025061067.704.27$2,604
Feb 2025040970.884.34$1,775
Jan 2025055274.324.28$2,362
Dec 2024058468.993.12$1,823
Nov 2024060469.052.20$1,328
Oct 202406671.372.28$151
Sep 2024054569.612.36$1,289
Aug 2024052275.632.06$1,077
Jul 2024052279.932.15$1,121
Jun 20245847178.082.63$5,769
May 2024051878.812.20$1,139
Apr 2024049384.451.66$818
Mar 2024048280.301.55$745
Feb 2024043676.091.78$778
Jan 2024053873.023.30$1,774
Dec 2023062971.262.61$1,642
Nov 2023055777.892.81$1,564
Oct 2023053985.443.09$1,664
Sep 2023031489.042.74$859
Aug 2023048480.522.67$1,294
Jul 2023056674.852.64$1,495
Jun 2023035068.962.26$790
May 2023037270.622.23$829
Apr 2023048078.122.24$1,074
Mar 2023050272.852.39$1,201
Feb 2023042075.112.47$1,036
Jan 202318549876.533.39$15,845
Dec 2022050676.415.73$2,899
Nov 2022051485.005.65$2,902
Oct 2022054787.185.86$3,207
Sep 2022054784.888.16$4,466
Aug 2022052394.529.13$4,774
Jul 20220519101.587.54$3,914
Jun 20220707115.097.98$5,640
May 20220643109.378.43$5,422
Apr 20220881104.226.84$6,024
Mar 20220492108.885.08$2,498
Feb 2022034991.054.86$1,696
Jan 2022049881.844.54$2,260
Dec 2021053671.323.90$2,090
Nov 2021046377.435.24$2,425
Oct 2021049979.795.71$2,851
Sep 2021048469.865.35$2,590
Aug 2021050266.024.22$2,119
Jul 20218552270.783.98$8,095
Jun 2021051169.493.38$1,728
May 2021052863.483.02$1,593
Apr 2021050660.362.76$1,396
Mar 2021051661.302.72$1,402
Feb 2021044057.805.55$2,441
Jan 2021052850.412.81$1,484
Dec 2020046644.642.68$1,247
Nov 2020056338.772.71$1,524
Oct 2020056536.972.48$1,400
Sep 202017257737.091.99$7,528
Aug 2020058439.982.39$1,393
Jul 2020059538.371.83$1,086
Jun 2020055734.901.69$942
May 202001,06516.921.81$1,933
Apr 2020080414.751.80$1,451
Mar 202035879930.341.86$12,345
Feb 2020055349.881.98$1,095
Jan 2020078857.252.09$1,651
Dec 2019064459.012.30$1,484
Nov 2019053555.302.75$1,472
Oct 2019056553.472.42$1,366
Sep 2019082155.052.66$2,182
Aug 201901,09253.112.30$2,516
Jul 2019090656.272.46$2,229
Jun 2019050852.782.49$1,266
May 2019154258.482.74$1,544
Apr 201913051662.632.75$9,561
Mar 2019084156.803.06$2,575
Feb 20195441850.852.79$3,913
Jan 2019052246.033.23$1,685
Dec 2018087146.594.19$3,646
Nov 2018755252.934.24$2,709
Oct 20182783061.443.40$4,479
Sep 201801,45559.543.11$4,522
Aug 201802,07259.403.07$6,354
Jul 201801,72565.142.93$5,057
Jun 201803,23760.183.08$9,960
May 20181863,61065.382.90$22,633
Apr 201802,95563.842.90$8,572
Mar 201803,47461.222.79$9,681
Feb 201803,17461.782.77$8,780
Jan 201802,99562.874.01$12,008
Dec 201702,63657.272.92$7,701
Nov 2017132,81855.423.12$9,508
Oct 201703,07249.292.98$9,166
Sep 20171812,79647.523.09$17,233
Aug 201702,91545.373.00$8,758
Jul 201703,84343.873.09$11,864
Jun 201702,91342.493.09$8,993
May 201703,11745.373.26$10,172
Apr 201703,64347.933.21$11,700
Mar 201703,64246.772.98$10,867
Feb 201701,87050.452.95$5,521
Jan 201702,82749.413.42$9,665
Dec 201602,99848.763.72$11,161
Nov 201603,65242.492.64$9,657
Oct 201603,78746.193.09$11,703
Sep 201603,28141.553.10$10,173
Aug 20161904,77141.442.92$21,826
Jul 201607,62141.622.92$22,286
Jun 201606,70745.352.69$18,014
May 2016759,60542.521.99$22,313
Apr 201609,87036.561.99$19,652
Mar 2016010,45833.011.79$18,762
Feb 201609,82426.472.06$20,273
Jan 201608,60727.352.36$20,350
Dec 2015989,04132.362.00$21,266
Nov 201507,76138.792.17$16,821
Oct 201505,99443.552.43$14,545
Sep 201505,33942.992.76$14,727
Aug 20151023,03540.162.87$12,814
Jul 201507,24748.152.95$21,343
Jun 2015010,85656.152.88$31,296
May 201519310,65355.212.96$42,140
Apr 2015011,85749.822.71$32,092
Mar 2015011,37642.892.93$33,385
Feb 2015011,66044.662.98$34,702
Jan 201516912,49943.433.10$46,094
Dec 2014013,41354.693.59$48,171
Nov 2014011,62570.464.25$49,428
Oct 2014013,32178.303.90$51,965
Sep 201418413,16086.164.05$69,091
Aug 2014013,44489.394.04$54,248
Jul 2014014,37496.564.18$60,078
Jun 2014012,51498.164.74$59,277
May 2014010,96794.734.73$51,836
Apr 201418912,13695.944.81$76,496
Mar 201406,81895.895.06$34,477
Feb 2014081597.406.19$5,046
Jan 201407,00690.404.86$34,054
Dec 201308,59791.824.35$37,435
Nov 20131938,72488.853.74$49,761
Oct 201309,16597.423.78$34,638
Sep 2013012,744104.113.72$47,379
Aug 2013012,141104.253.52$42,768
Jul 201318913,941102.523.72$71,205
Jun 2013010,98394.403.93$43,201
May 20131878,12994.834.15$51,461
Apr 201309,22893.964.28$39,520
Mar 201309,61793.623.91$37,630
Feb 2013011,50091.233.42$39,329
Jan 201319912,55291.603.42$61,155
Dec 2012013,34486.773.42$45,639
Nov 2012014,76486.953.62$53,519
Oct 2012015,11389.383.40$51,379
Sep 201218812,33794.672.92$53,802
Aug 2012015,70892.662.91$45,681
Jul 2012015,96685.133.02$48,230
Jun 2012014,83179.822.52$37,360
May 2012016,24791.612.49$40,428
Apr 201215016,313101.652.00$47,821
Mar 2012017,132105.052.22$38,069
Feb 201219416,253101.102.57$61,388
Jan 201218915,23998.092.73$60,204
Dec 201107,26796.873.24$23,543
Nov 2011012,43595.723.31$41,176
Oct 2011016,70184.983.65$60,934
Sep 2011018,56383.623.99$73,988
Aug 2011013,10783.404.15$54,385
Jul 2011012,30694.144.52$55,589
Jun 2011011,48692.904.64$53,294
May 2011014,55098.134.40$64,090
Apr 201138316,711105.964.33$112,996
Mar 2011016,05596.364.06$65,141
Feb 2011010,78385.644.18$45,073
Jan 201109,05786.504.59$41,561
Dec 201018916,42985.734.35$87,632
Nov 2010015,39080.843.80$58,410
Oct 2010014,36378.103.51$50,398
Sep 201017515,95972.633.98$76,219
Aug 201016314,21073.684.42$74,809
Jul 2010012,91772.554.74$61,181
Jun 2010010,12270.364.91$49,703
May 2010015,78271.124.24$66,840
Apr 201018715,80281.694.12$80,423
Mar 201018615,51678.394.39$82,675
Feb 2010010,61173.585.44$57,749
Jan 201006,10274.365.96$36,393
Dec 200919420,16571.445.48$124,439
Nov 2009019,38674.593.75$72,727
Oct 200919222,03272.544.11$104,485
Sep 2009022,73565.543.06$69,677
Aug 200916922,83667.423.22$84,892
Jul 200918521,24661.133.46$84,916
Jun 2009021,61066.163.90$84,171
May 200919225,43954.743.93$110,377
Apr 200934922,49546.773.59$97,024
Mar 2009126,16642.144.06$106,250
Feb 2009324,20932.814.63$112,259
Jan 200938728,06235.865.37$164,599
Dec 200838929,27737.105.98$189,425
Nov 2008027,22355.496.86$186,760
Oct 200819929,77575.246.92$221,075
Sep 200818825,405101.767.88$219,248
Aug 2008032,365114.228.48$274,553
Jul 200819231,293131.0811.39$381,577
Jun 200837534,547131.3313.03$499,487
May 200818337,150123.1711.57$452,525
Apr 200835737,150110.3110.45$427,779
Mar 200819034,606101.909.66$353,796
Feb 200837341,36892.538.77$397,335
Jan 200858031,08990.388.21$307,528
Dec 200732749,46688.337.30$390,083
Nov 200738149,12691.677.29$393,138
Oct 200719444,26682.856.92$322,481
Sep 200735356,72675.846.24$380,978
Aug 200752060,55669.066.39$422,739
Jul 200738284,00870.906.39$563,722
Jun 200752364,99962.007.55$523,068
May 200774866,31458.747.85$564,256
Apr 200760672,89959.617.81$605,115
Mar 200796568,66156.927.30$556,288
Feb 20071,12275,53455.108.22$682,410
Jan 200738728,14050.306.73$208,760
Dec 20061,07762,56956.656.92$493,892
Nov 20061,11985,75254.207.62$713,864
Oct 20061,34896,20754.906.01$652,575
Sep 20061,706112,10960.085.04$667,212
Aug 20062,067118,42968.717.34$1,011,283
Jul 200620230,85469.376.34$209,712
Jun 200657328,92766.286.38$222,645
May 200678746,56966.016.42$351,156
Apr 200695356,33464.397.36$476,009
Mar 200619824,54956.707.08$185,105
Feb 200620015,56357.597.75$132,149
Jan 200638222,33860.598.93$222,698
Dec 20051917,84654.9413.42$115,751

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  415 Mcf  × $  3.75 =     $1,556

────────────────────────────────────────────────────
Month total                                   $1,556

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/215324 is the state's own key, not one this site invented.