PATE RANCH

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 218628District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.8 M
Mar 2006 – Jul 2020
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
173
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

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 bbl$119
GasProduction940,284 Mcf$5,847,999
Total$5,848,118

Every month this lease reported (173)

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

173 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201901,02555.052.66$2,724
Aug 2019091453.112.30$2,106
Jul 2019081156.272.46$1,995
Jun 2019072852.782.49$1,814
May 201901,18058.482.74$3,234
Apr 201901,15662.632.75$3,180
Mar 201901,18756.803.06$3,635
Feb 2019089750.852.79$2,505
Jan 2019082646.033.23$2,666
Dec 2018095346.594.19$3,989
Nov 2018170852.934.24$3,053
Oct 201801,09561.443.40$3,721
Sep 201801,52659.543.11$4,743
Aug 201801,83959.403.07$5,639
Jul 201801,80765.142.93$5,298
Jun 201801,70560.183.08$5,246
May 201801,86465.382.90$5,407
Apr 201801,68563.842.90$4,888
Mar 201801,53961.222.79$4,289
Feb 201801,32861.782.77$3,673
Jan 201801,36762.874.01$5,481
Dec 201701,41357.272.92$4,128
Nov 201701,38955.423.12$4,331
Oct 201701,52449.292.98$4,547
Sep 201701,49447.523.09$4,612
Aug 201701,40045.373.00$4,206
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201705447.933.21$173
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017042049.413.42$1,436
Dec 2016053148.763.72$1,977
Nov 201601,58242.492.64$4,183
Oct 2016030946.193.09$955
Sep 201602841.553.10$87
Aug 2016016141.442.92$471
Jul 201601141.622.92$32
Jun 2016021545.352.69$577
May 2016051642.521.99$1,027
Apr 201601,79336.561.99$3,570
Mar 201601,93933.011.79$3,479
Feb 201602,64826.472.06$5,464
Jan 201601,44427.352.36$3,414
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 2015014749.822.71$398
Mar 2015023842.892.93$698
Feb 201501,91744.662.98$5,705
Jan 201502,94643.433.10$9,134
Dec 201402,51554.693.59$9,032
Nov 2014025570.464.25$1,084
Oct 20140078.303.90$0
Sep 2014021486.164.05$866
Aug 2014086589.394.04$3,490
Jul 201401,49796.564.18$6,257
Jun 2014098798.164.74$4,675
May 2014088894.734.73$4,197
Apr 2014051895.944.81$2,491
Mar 2014062595.895.06$3,161
Feb 2014061397.406.19$3,796
Jan 2014071190.404.86$3,456
Dec 2013073391.824.35$3,192
Nov 201301,34588.853.74$5,028
Oct 201301,55997.423.78$5,892
Sep 201302,117104.113.72$7,870
Aug 201302,573104.253.52$9,064
Jul 201302,549102.523.72$9,477
Jun 201301,70394.403.93$6,699
May 201301,50794.834.15$6,253
Apr 201302,07193.964.28$8,869
Mar 201302,05993.623.91$8,057
Feb 201301,63591.233.42$5,592
Jan 201302,10891.603.42$7,209
Dec 201202,54586.773.42$8,704
Nov 201202,33186.953.62$8,450
Oct 201202,16389.383.40$7,354
Sep 201202,86894.672.92$8,370
Aug 201203,27092.662.91$9,510
Jul 201203,52985.133.02$10,660
Jun 201203,60079.822.52$9,069
May 201203,95691.612.49$9,844
Apr 201204,024101.652.00$8,035
Mar 201202,940105.052.22$6,533
Feb 201202,184101.102.57$5,613
Jan 201204,00598.092.73$10,950
Dec 201104,03196.873.24$13,059
Nov 201103,71695.723.31$12,305
Oct 201104,30284.983.65$15,696
Sep 201103,64483.623.99$14,524
Aug 201104,74583.404.15$19,689
Jul 201103,59894.144.52$16,253
Jun 201103,81792.904.64$17,710
May 201104,47198.134.40$19,694
Apr 201104,438105.964.33$19,231
Mar 20110096.364.06$0
Feb 201102,55185.644.18$10,663
Jan 201104,59386.504.59$21,076
Dec 201005,34885.734.35$23,252
Nov 201005,20880.843.80$19,766
Oct 201005,57378.103.51$19,555
Sep 201005,36572.633.98$21,350
Aug 201005,50573.684.42$24,329
Jul 201003,31172.554.74$15,683
Jun 201005,11370.364.91$25,107
May 201005,61271.124.24$23,768
Apr 201004,63381.694.12$19,100
Mar 201006,78678.394.39$29,782
Feb 201006,07873.585.44$33,079
Jan 201005,29374.365.96$31,568
Dec 200906,12871.445.48$33,604
Nov 200906,52274.593.75$24,467
Oct 200906,78972.544.11$27,904
Sep 200907,05965.543.06$21,634
Aug 200909,15667.423.22$29,469
Jul 200902,88261.133.46$9,985
Jun 200901,33566.163.90$5,200
May 2009011,16354.743.93$43,823
Apr 200907,34346.773.59$26,343
Mar 200902,27242.144.06$9,222
Feb 200908,14232.814.63$37,722
Jan 200906,29135.865.37$33,789
Dec 200804,61137.105.98$27,561
Nov 200806,62555.496.86$45,450
Oct 200804,98075.246.92$34,471
Sep 2008010,819101.767.88$85,222
Aug 2008012,059114.228.48$102,297
Jul 2008012,352131.0811.39$140,682
Jun 2008012,308131.3313.03$160,406
May 2008015,953123.1711.57$184,645
Apr 2008013,699110.3110.45$143,221
Mar 2008015,358101.909.66$148,421
Feb 2008014,82192.538.77$129,989
Jan 2008016,72890.388.21$137,265
Dec 2007016,50088.337.30$120,483
Nov 2007020,14491.677.29$146,884
Oct 2007018,41982.856.92$127,496
Sep 2007018,09075.846.24$112,957
Aug 2007019,45669.066.39$124,284
Jul 2007016,40370.906.39$104,781
Jun 20070062.007.55$0
May 200701,31958.747.85$10,349
Apr 2007011,39759.617.81$88,956
Mar 2007019,05356.927.30$139,124
Feb 2007018,62055.108.22$152,982
Jan 2007028,52450.306.73$191,877
Dec 2006030,79956.656.92$213,081
Nov 2006032,88254.207.62$250,478
Oct 2006036,01654.906.01$216,593
Sep 2006025,75160.085.04$129,713
Aug 2006020,06368.717.34$147,261
Jul 2006028,34769.376.34$179,798
Jun 2006044,06366.286.38$281,293
May 2006152,54566.016.42$337,668
Apr 2006039,44664.397.36$290,341
Mar 20060056.707.08$0

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.

Sep 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.05 =         $0
Gas                1,025 Mcf  × $  2.66 =     $2,724

────────────────────────────────────────────────────
Month total                                   $2,724

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/218628 is the state's own key, not one this site invented.