TRINITY MATERIALS

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 231024District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.4 M
May 2007 – Jul 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
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
CondensateDisposition27 bbl$1,926
GasProduction572,921 Mcf$3,359,096
Total$3,361,021

Every month this lease reported (159)

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

159 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 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 201702,14857.272.92$6,275
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201710043.873.09$439
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 20160146.193.09$3
Sep 20160341.553.10$9
Aug 2016012441.442.92$363
Jul 2016016741.622.92$488
Jun 2016032945.352.69$884
May 2016051242.521.99$1,019
Apr 201601,02036.561.99$2,031
Mar 201601,18733.011.79$2,129
Feb 201601,30126.472.06$2,685
Jan 2016053227.352.36$1,258
Dec 201501,01432.362.00$2,029
Nov 201502,71338.792.17$5,880
Oct 201502,98743.552.43$7,248
Sep 201503,03942.992.76$8,383
Aug 201501,89840.162.87$5,452
Jul 201501,99848.152.95$5,884
Jun 201501,54456.152.88$4,451
May 201502,93255.212.96$8,665
Apr 201503,83249.822.71$10,372
Mar 201504,23942.892.93$12,440
Feb 201503,60444.662.98$10,726
Jan 201503,66643.433.10$11,367
Dec 201403,89054.693.59$13,970
Nov 201404,33170.464.25$18,415
Oct 201404,38778.303.90$17,114
Sep 201463,49886.164.05$14,668
Aug 201403,11089.394.04$12,549
Jul 201403,82996.564.18$16,004
Jun 201403,99298.164.74$18,910
May 201403,69794.734.73$17,474
Apr 201403,97395.944.81$19,107
Mar 201402,37895.895.06$12,025
Feb 201402,36097.406.19$14,613
Jan 201441,91790.404.86$9,680
Dec 201301,87091.824.35$8,143
Nov 201301,60888.853.74$6,011
Oct 201301,99297.423.78$7,528
Sep 201301,176104.113.72$4,372
Aug 201321,734104.253.52$6,317
Jul 201304,622102.523.72$17,183
Jun 201302,62294.403.93$10,313
May 201303,87394.834.15$16,069
Apr 201304,89393.964.28$20,955
Mar 201305,91493.623.91$23,141
Feb 201305,71191.233.42$19,531
Jan 201306,43491.603.42$22,004
Dec 201201,96186.773.42$6,707
Nov 201201,31986.953.62$4,781
Oct 201203,72989.383.40$12,677
Sep 201202,50194.672.92$7,299
Aug 201203,58092.662.91$10,411
Jul 201204,24885.133.02$12,832
Jun 2012025479.822.52$640
May 201222,76491.612.49$7,061
Apr 201202,223101.652.00$4,439
Mar 201203,919105.052.22$8,708
Feb 201204,183101.102.57$10,751
Jan 2012017198.092.73$468
Dec 2011038596.873.24$1,247
Nov 201102,36695.723.31$7,834
Oct 201102,31084.983.65$8,428
Sep 201102,76683.623.99$11,025
Aug 201102,96883.404.15$12,315
Jul 201114,41294.144.52$20,024
Jun 201104,96592.904.64$23,037
May 201102,88298.134.40$12,695
Apr 201101,688105.964.33$7,315
Mar 2011069896.364.06$2,832
Feb 201102,13985.644.18$8,941
Jan 201101,86886.504.59$8,572
Dec 201002,73385.734.35$11,882
Nov 201003,18080.843.80$12,069
Oct 201002,61078.103.51$9,158
Sep 201004,39172.633.98$17,474
Aug 201005,42173.684.42$23,957
Jul 201005,50272.554.74$26,060
Jun 201004,46170.364.91$21,905
May 201004,45271.124.24$18,855
Apr 201006,11381.694.12$25,202
Mar 201006,09678.394.39$26,753
Feb 201004,70773.585.44$25,617
Jan 201002,77774.365.96$16,562
Dec 200902,56171.445.48$14,044
Nov 20090074.593.75$0
Oct 200904,52072.544.11$18,578
Sep 200906,67765.543.06$20,463
Aug 200906,82467.423.22$21,963
Jul 200908,14161.133.46$28,204
Jun 200907,84566.163.90$30,556
May 200908,66454.743.93$34,013
Apr 200915,61546.773.59$20,191
Mar 200906,19942.144.06$25,162
Feb 200901,09432.814.63$5,069
Jan 200905,33535.865.37$28,654
Dec 200802,36937.105.98$14,160
Nov 200809,26255.496.86$63,541
Oct 200809,47475.246.92$65,579
Sep 200809,119101.767.88$71,831
Aug 2008011,182114.228.48$94,857
Jul 2008012,563131.0811.39$143,085
Jun 2008012,138131.3313.03$158,190
May 200809,491123.1711.57$109,852
Apr 2008012,081110.3110.45$126,305
Mar 2008012,486101.909.66$120,666
Feb 2008012,18992.538.77$106,905
Jan 2008010,99190.388.21$90,189
Dec 2007013,60688.337.30$99,351
Nov 2007015,74991.677.29$114,837
Oct 2007019,15782.856.92$132,604
Sep 2007116,87975.846.24$105,471
Aug 2007014,27669.066.39$91,194
Jul 2007022,42570.906.39$143,250
Jun 2007023,53662.007.55$177,660
May 2007023,13058.747.85$181,484

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
Condensate             0 bbl  × $ 57.27 =         $0
Gas                2,148 Mcf  × $  2.92 =     $6,275

────────────────────────────────────────────────────
Month total                                   $6,275

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/231024 is the state's own key, not one this site invented.