FURST 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 218718District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$3.8 M
Apr 2005 – Aug 2018
Value, last 12 filed months
$491
at the published price for each month
Months reported
161
no gaps in the span
Streams
1
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 Gas112006-11-30170708
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
GasProduction628,332 Mcf$3,824,264
Total$3,824,264

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 33.0632, -97.2028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06318, -97.20276 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,327 ft
1 wells filed one
Completion to plug
13.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,327 ft.

Completions filed
Apr 2005
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12132265D 27,327 ftApr 2005Aug 2018Yes

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 (161)

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

161 months

Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017157.272.92$3
Nov 201714255.423.12$443
Oct 20171349.292.98$39
Sep 2017247.523.09$6
Aug 2017045.373.00$0
Jul 2017443.873.09$12
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 20171450.452.95$41
Jan 2017149.413.42$3
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 20155238.792.17$113
Oct 201544443.552.43$1,077
Sep 201513042.992.76$359
Aug 201515940.162.87$457
Jul 201549748.152.95$1,464
Jun 201514056.152.88$404
May 2015055.212.96$0
Apr 20153249.822.71$87
Mar 20155742.892.93$167
Feb 20153944.662.98$116
Jan 201529443.433.10$912
Dec 201412954.693.59$463
Nov 20141,15770.464.25$4,919
Oct 201486378.303.90$3,367
Sep 20141,68386.164.05$6,808
Aug 201470189.394.04$2,829
Jul 201433496.564.18$1,396
Jun 20142,16298.164.74$10,241
May 20142,12694.734.73$10,049
Apr 201499395.944.81$4,775
Mar 201443695.895.06$2,205
Feb 201469897.406.19$4,322
Jan 201424790.404.86$1,201
Dec 201339291.824.35$1,707
Nov 20131,96888.853.74$7,357
Oct 20132,68997.423.78$10,163
Sep 20132,831104.113.72$10,525
Aug 20131,845104.253.52$6,499
Jul 20131,481102.523.72$5,506
Jun 201326194.403.93$1,027
May 20131,31294.834.15$5,444
Apr 20131,38393.964.28$5,923
Mar 20131,86893.623.91$7,309
Feb 20131,20691.233.42$4,124
Jan 20132,03691.603.42$6,963
Dec 201288086.773.42$3,010
Nov 2012086.953.62$0
Oct 201290289.383.40$3,067
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 20122,07379.822.52$5,222
May 201227691.612.49$687
Apr 20121,362101.652.00$2,720
Mar 20124,925105.052.22$10,944
Feb 20126,017101.102.57$15,465
Jan 20124,66798.092.73$12,760
Dec 20114,53796.873.24$14,699
Nov 20113,38795.723.31$11,215
Oct 20115,07584.983.65$18,516
Sep 20115,51183.623.99$21,966
Aug 20115,87483.404.15$24,373
Jul 20115,17294.144.52$23,363
Jun 20116,85492.904.64$31,802
May 20114,83798.134.40$21,306
Apr 20115,130105.964.33$22,230
Mar 20116,90196.364.06$28,000
Feb 20116,27385.644.18$26,221
Jan 20116,47086.504.59$29,689
Dec 20105,43485.734.35$23,626
Nov 20104,18180.843.80$15,868
Oct 20103,88878.103.51$13,643
Sep 20105,08272.633.98$20,224
Aug 20103,20273.684.42$14,151
Jul 20104,08972.554.74$19,368
Jun 20105,06370.364.91$24,861
May 20105,75471.124.24$24,369
Apr 20105,82981.694.12$24,031
Mar 20105,95778.394.39$26,143
Feb 20105,35873.585.44$29,160
Jan 20108,81274.365.96$52,556
Dec 20096,09271.445.48$33,407
Nov 20096,92674.593.75$25,983
Oct 20093,32572.544.11$13,667
Sep 20093,54265.543.06$10,855
Aug 20095,30067.423.22$17,058
Jul 20093,32761.133.46$11,526
Jun 20093466.163.90$132
May 20097654.743.93$298
Apr 20091,24046.773.59$4,449
Mar 20094,43242.144.06$17,989
Feb 20092,18332.814.63$10,114
Jan 20098,41135.865.37$45,175
Dec 20085,00737.105.98$29,928
Nov 20089,03555.496.86$61,983
Oct 200811,36975.246.92$78,696
Sep 200811,802101.767.88$92,965
Aug 200811,807114.228.48$100,159
Jul 20083,108131.0811.39$35,398
Jun 20086,531131.3313.03$85,116
May 2008937123.1711.57$10,845
Apr 20085,386110.3110.45$56,310
Mar 20087,252101.909.66$70,084
Feb 20085,94592.538.77$52,141
Jan 20087,20290.388.21$59,098
Dec 20077,20188.337.30$52,581
Nov 20077,73991.677.29$56,430
Oct 20077,62082.856.92$52,745
Sep 20077,96075.846.24$49,704
Aug 200710,40569.066.39$66,467
Jul 200711,08170.906.39$70,785
Jun 20079,76862.007.55$73,733
May 200711,64758.747.85$91,386
Apr 200711,75059.617.81$91,711
Mar 200710,98156.927.30$80,183
Feb 200711,22355.108.22$92,208
Jan 200715,59250.306.73$104,885
Dec 200614,70456.656.92$101,729
Nov 200615,37954.207.62$117,149
Oct 200619,11754.906.01$114,966
Sep 200615,39660.085.04$77,553
Aug 200619,46068.717.34$142,835
Jul 200620,21869.376.34$128,238
Jun 200624,22166.286.38$154,624
May 200633,92166.016.42$217,942
Apr 200613,90364.397.36$102,333
Mar 200616,18356.707.08$114,623
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$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.

Dec 2017 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.92 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/218718 is the state's own key, not one this site invented.