BELLE RED OAK

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 231712District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Apr 2007 – May 2026
Value, last 12 filed months
$188 k
at the published price for each month
Months reported
230
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
CondensateDisposition1,632 bbl$111,490
GasProduction1,284,663 Mcf$5,945,503
Total$6,056,993

Every month this lease reported (230)

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

230 months

May 202603,696106.413.05$11,257
Apr 202603,99798.932.87$11,470
Mar 202604,29289.753.15$13,517
Feb 202603,91163.503.75$14,668
Jan 2026783,94259.138.00$36,140
Dec 202504,14156.664.41$18,276
Nov 202504,02258.593.93$15,792
Oct 202504,29259.383.30$14,184
Sep 202504,14362.743.08$12,748
Aug 202504,37863.933.01$13,199
Jul 202504,13466.743.32$13,705
Jun 202504,21166.483.13$13,175
May 202504,16160.553.23$13,450
Apr 202554,12562.363.54$14,927
Mar 202554,23067.704.27$18,393
Feb 202553,79470.884.34$16,824
Jan 202554,25674.324.28$18,582
Dec 202454,09468.993.12$13,124
Nov 202454,02169.052.20$9,185
Oct 202454,38371.372.28$10,356
Sep 202454,35669.612.36$10,647
Aug 202404,52575.632.06$9,338
Jul 202404,52579.932.15$9,713
Jun 202404,04878.082.63$10,662
May 202404,39778.812.20$9,667
Apr 202404,39584.451.66$7,292
Mar 202404,27680.301.55$6,607
Feb 202404,10076.091.78$7,313
Jan 202404,26973.023.30$14,078
Dec 202304,47571.262.61$11,683
Nov 202304,22677.892.81$11,865
Oct 202304,57985.443.09$14,137
Sep 202304,60889.042.74$12,603
Aug 202304,60880.522.67$12,317
Jul 202304,85674.852.64$12,829
Jun 202304,71368.962.26$10,644
May 202305,27870.622.23$11,756
Apr 202305,44778.122.24$12,189
Mar 202305,62572.852.39$13,462
Feb 202301,89975.112.47$4,682
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
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 202001,27857.252.09$2,677
Dec 201902,67459.012.30$6,162
Nov 201904,15955.302.75$11,440
Oct 201904,57653.472.42$11,067
Sep 201904,79255.052.66$12,734
Aug 201905,04053.112.30$11,614
Jul 201905,00256.272.46$12,305
Jun 201904,57752.782.49$11,402
May 201905,03458.482.74$13,795
Apr 201904,87762.632.75$13,415
Mar 201904,90656.803.06$15,023
Feb 201904,20550.852.79$11,741
Jan 201914,13646.033.23$13,398
Dec 201804,99646.594.19$20,910
Nov 201814,67552.934.24$19,862
Oct 201804,81561.443.40$16,362
Sep 201804,74859.543.11$14,757
Aug 201804,99759.403.07$15,324
Jul 201804,72765.142.93$13,859
Jun 201804,54360.183.08$13,978
May 201804,75165.382.90$13,782
Apr 201804,88063.842.90$14,156
Mar 201805,04561.222.79$14,060
Feb 201804,43861.782.77$12,276
Jan 201805,16762.874.01$20,716
Dec 201705,89057.272.92$17,208
Nov 201705,09055.423.12$15,872
Oct 201705,25749.292.98$15,685
Sep 201705,08047.523.09$15,683
Aug 201705,31945.373.00$15,980
Jul 20172015,44543.873.09$25,628
Jun 201705,23842.493.09$16,171
May 201705,46945.373.26$17,848
Apr 201705,12147.933.21$16,447
Mar 201705,13246.772.98$15,312
Feb 201704,69550.452.95$13,862
Jan 201705,33849.413.42$18,250
Dec 20161665,37848.763.72$28,116
Nov 201609,88042.492.64$26,126
Oct 2016010,78546.193.09$33,328
Sep 201607,60741.553.10$23,586
Aug 201605,81541.442.92$17,005
Jul 201605,71341.622.92$16,707
Jun 201605,62545.352.69$15,108
May 201605,98542.521.99$11,916
Apr 201605,82336.561.99$11,594
Mar 2016945,93733.011.79$13,754
Feb 201605,55026.472.06$11,453
Jan 201605,79127.352.36$13,692
Dec 2015975,95132.362.00$15,049
Nov 201506,10938.792.17$13,240
Oct 201506,14643.552.43$14,914
Sep 201506,12442.992.76$16,893
Aug 201505,75240.162.87$16,523
Jul 201506,70948.152.95$19,759
Jun 201506,08456.152.88$17,539
May 201506,50755.212.96$19,231
Apr 201506,53949.822.71$17,698
Mar 201505,12842.892.93$15,049
Feb 2015984,69144.662.98$18,338
Jan 201505,13443.433.10$15,919
Dec 201407,12654.693.59$25,592
Nov 201405,13470.464.25$21,829
Oct 201406,97978.303.90$27,225
Sep 201407,22686.164.05$29,232
Aug 201407,15389.394.04$28,863
Jul 201406,57396.564.18$27,473
Jun 201406,35398.164.74$30,093
May 2014946,95594.734.73$41,778
Apr 201404,86595.944.81$23,396
Mar 201405,09495.895.06$25,759
Feb 201404,41697.406.19$27,344
Jan 201403,95790.404.86$19,234
Dec 201304,65491.824.35$20,266
Nov 201304,83588.853.74$18,075
Oct 201305,81197.423.78$21,962
Sep 201305,416104.113.72$20,135
Aug 201304,216104.253.52$14,851
Jul 201305,608102.523.72$20,849
Jun 201304,12494.403.93$16,221
May 201302,59294.834.15$10,754
Apr 20130093.964.28$0
Mar 2013022493.623.91$876
Feb 201301,70091.233.42$5,814
Jan 201303,85091.603.42$13,167
Dec 201201,07086.773.42$3,660
Nov 201204,13786.953.62$14,996
Oct 201203,63089.383.40$12,341
Sep 201204,89194.672.92$14,274
Aug 2012988,01292.662.91$32,381
Jul 201207,49785.133.02$22,647
Jun 201208,66479.822.52$21,825
May 201207,97491.612.49$19,842
Apr 2012985,222101.652.00$20,389
Mar 201200105.052.22$0
Feb 201206,447101.102.57$16,570
Jan 201206,97098.092.73$19,057
Dec 201104,78196.873.24$15,489
Nov 201104,36795.723.31$14,460
Oct 201103,40084.983.65$12,405
Sep 201103,71183.623.99$14,791
Aug 201103,77183.404.15$15,647
Jul 201104,58294.144.52$20,698
Jun 201105,01292.904.64$23,255
May 201105,91198.134.40$26,037
Apr 201106,273105.964.33$27,183
Mar 201106,65596.364.06$27,002
Feb 201106,14885.644.18$25,699
Jan 201106,80986.504.59$31,245
Dec 201007,21285.734.35$31,356
Nov 201007,45080.843.80$28,275
Oct 20101037,40178.103.51$34,014
Sep 201007,52372.633.98$29,938
Aug 201008,07273.684.42$35,673
Jul 201008,16972.554.74$38,692
Jun 201007,89470.364.91$38,763
May 201008,23871.124.24$34,890
Apr 201008,17681.694.12$33,707
Mar 201008,61478.394.39$37,804
Feb 201007,76473.585.44$42,254
Jan 201008,49074.365.96$50,635
Dec 200908,75971.445.48$48,032
Nov 200909,12274.593.75$34,221
Oct 200909,54272.544.11$39,220
Sep 200909,51165.543.06$29,149
Aug 2009010,15167.423.22$32,671
Jul 200909,43461.133.46$32,684
Jun 200909,67966.163.90$37,700
May 2009010,16254.743.93$39,893
Apr 2009010,10446.773.59$36,248
Mar 2009017,61942.144.06$71,516
Feb 200907,11732.814.63$32,973
Jan 20099710,17435.865.37$58,123
Dec 2008010,51637.105.98$62,856
Nov 2008010,92555.496.86$74,949
Oct 2008012,06675.246.92$83,521
Sep 2008012,018101.767.88$94,667
Aug 2008012,572114.228.48$106,649
Jul 20089513,331131.0811.39$164,285
Jun 2008013,231131.3313.03$172,435
May 2008013,570123.1711.57$157,063
Apr 20089412,716110.3110.45$143,313
Mar 2008013,975101.909.66$135,055
Feb 2008013,42692.538.77$117,754
Jan 20089215,74490.388.21$137,506
Dec 2007014,30088.337.30$104,418
Nov 2007015,38991.677.29$112,212
Oct 2007016,51182.856.92$114,289
Sep 2007016,39975.846.24$102,398
Aug 20078520,36769.066.39$135,973
Jul 2007018,81970.906.39$120,215
Jun 2007027,18662.007.55$205,212
May 2007032,31458.747.85$253,545
Apr 2007013,81359.617.81$107,813

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                3,696 Mcf  × $  3.05 =    $11,257

────────────────────────────────────────────────────
Month total                                  $11,257

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/231712 is the state's own key, not one this site invented.