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 218738District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Mar 2006 – Oct 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
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 Gas112006-10-30170706
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 bbl$262
GasProduction582,197 Mcf$3,318,845
Total$3,319,107

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 33.0663, -97.2006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06629, -97.20056 · 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
7,936 ft
1 wells filed one
Completion to plug
12.5 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 7,936 ft.

Completions filed
Apr 2006
1 of 1 wells
Plug dates filed
Oct 2018
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12132742D 3 H7,936 ftApr 2006Oct 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 (152)

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

152 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
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 201503832.362.00$76
Nov 201508538.792.17$184
Oct 201503943.552.43$95
Sep 20150442.992.76$11
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150856.152.88$23
May 201501355.212.96$38
Apr 201502149.822.71$57
Mar 20150242.892.93$6
Feb 20150044.662.98$0
Jan 20150443.433.10$12
Dec 201401854.693.59$65
Nov 2014031870.464.25$1,352
Oct 2014014278.303.90$554
Sep 201404186.164.05$166
Aug 20140489.394.04$16
Jul 2014073996.564.18$3,089
Jun 2014087598.164.74$4,145
May 2014013294.734.73$624
Apr 2014060395.944.81$2,900
Mar 2014034495.895.06$1,740
Feb 201403,00697.406.19$18,613
Jan 2014096590.404.86$4,691
Dec 2013020491.824.35$888
Nov 201301,28488.853.74$4,800
Oct 201302,78397.423.78$10,518
Sep 20130177104.113.72$658
Aug 201301,634104.253.52$5,756
Jul 20130248102.523.72$922
Jun 201301,33594.403.93$5,251
May 2013017794.834.15$734
Apr 2013054393.964.28$2,325
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013070191.603.42$2,397
Dec 201202,54386.773.42$8,697
Nov 201203,82486.953.62$13,862
Oct 201202,57589.383.40$8,754
Sep 201203,00294.672.92$8,761
Aug 201205,40392.662.91$15,713
Jul 201205,69185.133.02$17,191
Jun 201203,95979.822.52$9,973
May 201205,17791.612.49$12,882
Apr 201203,621101.652.00$7,230
Mar 201201,901105.052.22$4,224
Feb 201203,198101.102.57$8,220
Jan 201204,01198.092.73$10,966
Dec 201104,71896.873.24$15,285
Nov 201102,39495.723.31$7,927
Oct 201103,14184.983.65$11,460
Sep 201103,00383.623.99$11,969
Aug 201104,27583.404.15$17,738
Jul 201103,83694.144.52$17,328
Jun 201103,74692.904.64$17,381
May 201104,15698.134.40$18,306
Apr 201103,629105.964.33$15,725
Mar 201103,77496.364.06$15,312
Feb 201101,58285.644.18$6,613
Jan 201104,18686.504.59$19,209
Dec 201004,80685.734.35$20,895
Nov 201004,57580.843.80$17,364
Oct 201005,85778.103.51$20,552
Sep 201005,66572.633.98$22,544
Aug 201002,26673.684.42$10,014
Jul 201003,87072.554.74$18,330
Jun 201006,06670.364.91$29,786
May 201004,05071.124.24$17,153
Apr 201005,94381.694.12$24,501
Mar 201007,17878.394.39$31,502
Feb 201005,87273.585.44$31,958
Jan 201005,15774.365.96$30,757
Dec 200905,58671.445.48$30,632
Nov 200906,86374.593.75$25,747
Oct 2009012,68572.544.11$52,139
Sep 200907,20365.543.06$22,075
Aug 2009011,25667.423.22$36,227
Jul 2009014,99261.133.46$51,940
Jun 200907,09066.163.90$27,616
May 200905,93654.743.93$23,303
Apr 2009050846.773.59$1,822
Mar 200902,71442.144.06$11,016
Feb 200906,87532.814.63$31,852
Jan 200909,07535.865.37$48,742
Dec 2008010,89137.105.98$65,097
Nov 2008010,52755.496.86$72,219
Oct 200802,51175.246.92$17,381
Sep 200806,636101.767.88$52,272
Aug 200805,830114.228.48$49,456
Jul 200823,514131.0811.39$40,285
Jun 20080359131.3313.03$4,679
May 200802,302123.1711.57$26,644
Apr 200800110.3110.45$0
Mar 200808,669101.909.66$83,778
Feb 200805,64292.538.77$49,484
Jan 200804,52490.388.21$37,123
Dec 200703,49388.337.30$25,506
Nov 200706,91391.677.29$50,408
Oct 200706,25082.856.92$43,262
Sep 200708,47275.846.24$52,901
Aug 200704,77269.066.39$30,483
Jul 200709,74970.906.39$62,276
Jun 200709,42162.007.55$71,114
May 2007010,55658.747.85$82,825
Apr 2007010,86559.617.81$84,804
Mar 2007014,95956.927.30$109,230
Feb 2007010,01455.108.22$82,275
Jan 200709,10350.306.73$61,235
Dec 2006013,51056.656.92$93,468
Nov 2006014,85854.207.62$113,181
Oct 2006014,21154.906.01$85,462
Sep 2006014,18260.085.04$71,438
Aug 2006015,69468.717.34$115,193
Jul 2006019,57469.376.34$124,153
Jun 2006023,33066.286.38$148,936
May 2006032,25666.016.42$207,245
Apr 2006012,65964.397.36$93,176
Mar 200603156.707.08$220

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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.36 =         $0
Gas                   38 Mcf  × $  2.00 =        $76

────────────────────────────────────────────────────
Month total                                      $76

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/218738 is the state's own key, not one this site invented.