FRASER 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 221170District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.4 M
Dec 2005 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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
CondensateDisposition18 bbl$1,712
GasProduction552,664 Mcf$3,351,394
Total$3,353,106

Every month this lease reported (188)

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

188 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 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 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014039086.164.05$1,578
Aug 201403,20089.394.04$12,912
Jul 201405,56896.564.18$23,272
Jun 201403,45298.164.74$16,352
May 201402,79394.734.73$13,201
Apr 201403,16095.944.81$15,197
Mar 201401,80495.895.06$9,122
Feb 201401,01997.406.19$6,310
Jan 201407290.404.86$350
Dec 201301,71491.824.35$7,464
Nov 201307088.853.74$262
Oct 201361,68397.423.78$6,945
Sep 201302,101104.113.72$7,811
Aug 201302,164104.253.52$7,623
Jul 201302,053102.523.72$7,633
Jun 201342,80194.403.93$11,395
May 201343,73894.834.15$15,889
Apr 201322,73593.964.28$11,901
Mar 201303,06793.623.91$12,001
Feb 201322,82391.233.42$9,837
Jan 201302,56091.603.42$8,755
Dec 201201,48486.773.42$5,076
Nov 201204,67386.953.62$16,939
Oct 201205,57089.383.40$18,936
Sep 201205,42394.672.92$15,826
Aug 201205,08792.662.91$14,794
Jul 201204,70885.133.02$14,222
Jun 201206,57779.822.52$16,568
May 201207,34991.612.49$18,287
Apr 201208,646101.652.00$17,264
Mar 201205,184105.052.22$11,519
Feb 2012014101.102.57$36
Jan 201206,20298.092.73$16,957
Dec 201103,29196.873.24$10,662
Nov 2011011695.723.31$384
Oct 201104784.983.65$171
Sep 201107583.623.99$299
Aug 201107383.404.15$303
Jul 201107894.144.52$352
Jun 2011015792.904.64$728
May 2011024898.134.40$1,092
Apr 20110142105.964.33$615
Mar 2011061696.364.06$2,499
Feb 201101,50185.644.18$6,274
Jan 2011019986.504.59$913
Dec 2010032185.734.35$1,396
Nov 2010044280.843.80$1,678
Oct 2010033278.103.51$1,165
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201004,04372.554.74$19,150
Jun 201005,33470.364.91$26,192
May 201004,86271.124.24$20,592
Apr 201002,95481.694.12$12,178
Mar 2010072378.394.39$3,173
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009026071.445.48$1,426
Nov 200902,55574.593.75$9,585
Oct 200902,65772.544.11$10,921
Sep 200906,15865.543.06$18,873
Aug 200906,18867.423.22$19,916
Jul 200907,69861.133.46$26,670
Jun 200908,01966.163.90$31,234
May 200906,39954.743.93$25,121
Apr 200907,33746.773.59$26,321
Mar 200907,73542.144.06$31,396
Feb 200906,01632.814.63$27,872
Jan 200906,59235.865.37$35,406
Dec 200806,97837.105.98$41,708
Nov 200806,90755.496.86$47,385
Oct 200809,36475.246.92$64,817
Sep 200807,847101.767.88$61,812
Aug 200805,266114.228.48$44,672
Jul 200804,380131.0811.39$49,886
Jun 200809,093131.3313.03$118,506
May 200808,887123.1711.57$102,861
Apr 2008010,217110.3110.45$106,817
Mar 2008010,104101.909.66$97,646
Feb 200806,46292.538.77$56,675
Jan 200807,44690.388.21$61,100
Dec 2007012,90888.337.30$94,254
Nov 200703,84991.677.29$28,066
Oct 200705,96582.856.92$41,290
Sep 200709,18675.846.24$57,359
Aug 200708,63469.066.39$55,153
Jul 200706,81570.906.39$43,534
Jun 200708,62662.007.55$65,113
May 2007016,89658.747.85$132,571
Apr 2007016,43259.617.81$128,255
Mar 2007019,10356.927.30$139,490
Feb 2007021,04155.108.22$172,873
Jan 2007029,19950.306.73$196,417
Dec 2006032,74256.656.92$226,524
Nov 200605,70454.207.62$43,450
Oct 2006028,73654.906.01$172,813
Sep 2006030,82560.085.04$155,272
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.16 =         $0
Gas                  390 Mcf  × $  4.05 =     $1,578

────────────────────────────────────────────────────
Month total                                   $1,578

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/221170 is the state's own key, not one this site invented.