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 231429District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$4.9 M
Oct 2006 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
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 Gas112008-05-09182637
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
GasProduction821,371 Mcf$4,862,457
Total$4,862,457

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 33.0622, -97.1770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06219, -97.17700 · 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
8,012 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 8,012 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
May 2019
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

42-12132963I 3 H8,012 ftNov 2006May 2019Yes

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

May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
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 201831061.782.77$858
Jan 201838562.874.01$1,544
Dec 20171,04457.272.92$3,050
Nov 2017055.423.12$0
Oct 20171,06549.292.98$3,178
Sep 20171,53947.523.09$4,751
Aug 20171,36645.373.00$4,104
Jul 20171,05743.873.09$3,263
Jun 20171,81542.493.09$5,603
May 20171,77645.373.26$5,796
Apr 20171,49947.933.21$4,814
Mar 20173946.772.98$116
Feb 20178950.452.95$263
Jan 201710649.413.42$362
Dec 20167848.763.72$290
Nov 201623942.492.64$632
Oct 201612846.193.09$396
Sep 201659141.553.10$1,832
Aug 20162,23741.442.92$6,542
Jul 20162,23241.622.92$6,527
Jun 20161,16045.352.69$3,116
May 201690742.521.99$1,806
Apr 20161,39936.561.99$2,785
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201612727.352.36$300
Dec 201564532.362.00$1,291
Nov 201566038.792.17$1,430
Oct 201558143.552.43$1,410
Sep 201567842.992.76$1,870
Aug 201522240.162.87$638
Jul 201558748.152.95$1,729
Jun 201536756.152.88$1,058
May 201536355.212.96$1,073
Apr 201547149.822.71$1,275
Mar 201549342.892.93$1,447
Feb 201565644.662.98$1,952
Jan 201579943.433.10$2,477
Dec 20141,05454.693.59$3,785
Nov 20141,21770.464.25$5,174
Oct 20141,30178.303.90$5,075
Sep 20143,15486.164.05$12,759
Aug 20143,35489.394.04$13,534
Jul 20142,16196.564.18$9,032
Jun 20143,38098.164.74$16,011
May 20142,61094.734.73$12,336
Apr 201458895.944.81$2,828
Mar 201450295.895.06$2,539
Feb 201423797.406.19$1,468
Jan 201458990.404.86$2,863
Dec 201336891.824.35$1,602
Nov 20131,52088.853.74$5,682
Oct 20132,54197.423.78$9,603
Sep 20132,782104.113.72$10,343
Aug 20132,215104.253.52$7,803
Jul 20133,490102.523.72$12,975
Jun 20131,13094.403.93$4,445
May 20131,04494.834.15$4,332
Apr 20131,66393.964.28$7,122
Mar 20131,86693.623.91$7,301
Feb 20131,13391.233.42$3,875
Jan 20131,63791.603.42$5,598
Dec 20122,94486.773.42$10,069
Nov 20124,14586.953.62$15,025
Oct 20125,65889.383.40$19,235
Sep 20125,52894.672.92$16,133
Aug 20125,77592.662.91$16,795
Jul 20123,58085.133.02$10,814
Jun 20125,92579.822.52$14,925
May 20126,99291.612.49$17,398
Apr 20126,960101.652.00$13,898
Mar 20127,888105.052.22$17,528
Feb 20126,415101.102.57$16,488
Jan 20124,54798.092.73$12,432
Dec 20115,21296.873.24$16,886
Nov 20116,13995.723.31$20,328
Oct 20114,63384.983.65$16,904
Sep 20114,42083.623.99$17,617
Aug 20114,84383.404.15$20,095
Jul 20115,94994.144.52$26,873
Jun 20115,51292.904.64$25,575
May 20117,29098.134.40$32,111
Apr 20118,573105.964.33$37,149
Mar 20119,04996.364.06$36,715
Feb 20116,17885.644.18$25,824
Jan 20118,31486.504.59$38,151
Dec 20106,92085.734.35$30,086
Nov 20106,98680.843.80$26,514
Oct 20107,28978.103.51$25,576
Sep 20106,52172.633.98$25,950
Aug 20106,84873.684.42$30,264
Jul 20107,44572.554.74$35,263
Jun 20108,29170.364.91$40,712
May 20102,92071.124.24$12,367
Apr 20104,12481.694.12$17,002
Mar 20106,32078.394.39$27,736
Feb 20106,62273.585.44$36,039
Jan 201010,10374.365.96$60,255
Dec 200910,10471.445.48$55,408
Nov 20098,98674.593.75$33,711
Oct 20099,11572.544.11$37,465
Sep 200910,04065.543.06$30,770
Aug 20099,58367.423.22$30,843
Jul 20098,93061.133.46$30,938
Jun 20097,79166.163.90$30,346
May 20097,47354.743.93$29,337
Apr 20098,51446.773.59$30,544
Mar 20098,20242.144.06$33,292
Feb 20098,63732.814.63$40,015
Jan 20099,79535.865.37$52,609
Dec 20089,71837.105.98$58,086
Nov 20089,90455.496.86$67,945
Oct 200810,85675.246.92$75,145
Sep 200810,920101.767.88$86,018
Aug 200813,358114.228.48$113,316
Jul 200812,525131.0811.39$142,653
Jun 200812,684131.3313.03$165,306
May 200814,155123.1711.57$163,834
Apr 20089,959110.3110.45$104,120
Mar 200810,405101.909.66$100,555
Feb 200811,04792.538.77$96,889
Jan 200813,52990.388.21$111,015
Dec 200714,67788.337.30$107,171
Nov 200714,82591.677.29$108,099
Oct 200715,38382.856.92$106,481
Sep 200716,02775.846.24$100,075
Aug 200713,96069.066.39$89,176
Jul 200721,04970.906.39$134,460
Jun 200719,65062.007.55$148,327
May 200723,97958.747.85$188,146
Apr 200724,89859.617.81$194,334
Mar 200724,77656.927.30$180,914
Feb 200724,51755.108.22$201,432
Jan 200732,01750.306.73$215,374
Dec 200637,27956.656.92$257,913
Nov 2006054.207.62$0
Oct 2006054.906.01$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.

Feb 2018 — as filed, then multipliedworked
Gas                  310 Mcf  × $  2.77 =       $858

────────────────────────────────────────────────────
Month total                                     $858

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/231429 is the state's own key, not one this site invented.