LAXTON-MORRIS UNIT

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 231890District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.2 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition3 bbl$140
GasProduction814,078 Mcf$4,217,448
Total$4,217,588

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
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 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 201901,32562.632.75$3,645
Mar 2019067256.803.06$2,058
Feb 2019087950.852.79$2,454
Jan 201902,14646.033.23$6,928
Dec 201831,04146.594.19$4,497
Nov 2018019052.934.24$805
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180659.403.07$18
Jul 20180265.142.93$6
Jun 2018018360.183.08$563
May 201801,15765.382.90$3,356
Apr 2018095163.842.90$2,759
Mar 201801,19361.222.79$3,325
Feb 201801,25361.782.77$3,466
Jan 201801,15762.874.01$4,639
Dec 201701,77957.272.92$5,197
Nov 201702,09055.423.12$6,517
Oct 201701,94749.292.98$5,809
Sep 201702,55947.523.09$7,900
Aug 201702,58145.373.00$7,754
Jul 201703,09643.873.09$9,558
Jun 201703,08542.493.09$9,524
May 201702,85945.373.26$9,330
Apr 201702,94847.933.21$9,468
Mar 201703,29146.772.98$9,819
Feb 201703,57750.452.95$10,561
Jan 201704,27449.413.42$14,612
Dec 2016077848.763.72$2,896
Nov 2016081142.492.64$2,145
Oct 2016046846.193.09$1,446
Sep 201602,68941.553.10$8,338
Aug 201602,94641.442.92$8,615
Jul 201602,59541.622.92$7,589
Jun 201603,59545.352.69$9,656
May 201603,88142.521.99$7,727
Apr 201603,76736.561.99$7,500
Mar 201603,60033.011.79$6,458
Feb 201603,26126.472.06$6,730
Jan 201603,67527.352.36$8,689
Dec 201503,94832.362.00$7,902
Nov 201503,69238.792.17$8,002
Oct 201503,76243.552.43$9,129
Sep 201503,63542.992.76$10,027
Aug 201503,40140.162.87$9,769
Jul 201503,50648.152.95$10,325
Jun 201503,36556.152.88$9,701
May 201503,43755.212.96$10,158
Apr 201503,62449.822.71$9,809
Mar 201503,56842.892.93$10,471
Feb 201503,22044.662.98$9,583
Jan 201503,61943.433.10$11,221
Dec 201403,66354.693.59$13,155
Nov 201403,17070.464.25$13,478
Oct 201402,77178.303.90$10,810
Sep 201404,89786.164.05$19,811
Aug 201404,28889.394.04$17,303
Jul 201403,97096.564.18$16,593
Jun 201403,70998.164.74$17,569
May 201404,51494.734.73$21,336
Apr 201404,36095.944.81$20,968
Mar 201404,62895.895.06$23,403
Feb 201404,44897.406.19$27,542
Jan 201404,80590.404.86$23,356
Dec 201305,92191.824.35$25,783
Nov 201306,31088.853.74$23,589
Oct 201306,19097.423.78$23,394
Sep 201306,077104.113.72$22,593
Aug 201304,896104.253.52$17,247
Jul 201305,583102.523.72$20,756
Jun 201304,76494.403.93$18,739
May 201305,52694.834.15$22,928
Apr 201305,71993.964.28$24,492
Mar 201305,12593.623.91$20,053
Feb 201305,17991.233.42$17,712
Jan 201304,88491.603.42$16,703
Dec 201205,30486.773.42$18,141
Nov 201205,19586.953.62$18,832
Oct 201205,68789.383.40$19,334
Sep 201205,54694.672.92$16,185
Aug 201206,54292.662.91$19,025
Jul 201206,62585.133.02$20,013
Jun 201206,51779.822.52$16,417
May 201207,68791.612.49$19,128
Apr 201206,675101.652.00$13,329
Mar 201207,134105.052.22$15,852
Feb 201206,601101.102.57$16,966
Jan 201207,69698.092.73$21,041
Dec 201103,81696.873.24$12,363
Nov 201101,87495.723.31$6,205
Oct 201106,48184.983.65$23,646
Sep 201106,40883.623.99$25,541
Aug 201105,72383.404.15$23,747
Jul 201106,01694.144.52$27,176
Jun 201106,34092.904.64$29,417
May 201106,47398.134.40$28,512
Apr 201106,850105.964.33$29,683
Mar 201106,88296.364.06$27,923
Feb 201106,15985.644.18$25,745
Jan 201105,72386.504.59$26,262
Dec 201005,96185.734.35$25,917
Nov 201005,70280.843.80$21,641
Oct 201006,13278.103.51$21,517
Sep 201006,07872.633.98$24,187
Aug 201006,86573.684.42$30,339
Jul 201007,01372.554.74$33,217
Jun 201006,86570.364.91$33,710
May 201006,97971.124.24$29,558
Apr 201008,01481.694.12$33,039
Mar 201008,56378.394.39$37,580
Feb 201004,81173.585.44$26,183
Jan 201005,41074.365.96$32,266
Dec 200908,06171.445.48$44,205
Nov 200904,94174.593.75$18,536
Oct 200906,98672.544.11$28,714
Sep 200906,51065.543.06$19,952
Aug 20090067.423.22$0
Jul 200903,92761.133.46$13,605
Jun 200908,57666.163.90$33,404
May 200904,36254.743.93$17,124
Apr 200907,68546.773.59$27,570
Mar 200906,77642.144.06$27,504
Feb 200908,17132.814.63$37,856
Jan 200908,18935.865.37$43,983
Dec 200802,26637.105.98$13,544
Nov 200806,66755.496.86$45,738
Oct 200806,81375.246.92$47,159
Sep 200809,605101.767.88$75,659
Aug 2008011,640114.228.48$98,742
Jul 2008011,852131.0811.39$134,988
Jun 2008010,073131.3313.03$131,278
May 200804,032123.1711.57$46,668
Apr 2008011,857110.3110.45$123,963
Mar 2008011,680101.909.66$112,876
Feb 2008013,09392.538.77$114,833
Jan 2008016,59090.388.21$136,133
Dec 2007018,87188.337.30$137,795
Nov 2007017,64691.677.29$128,669
Oct 200705,67582.856.92$39,282
Sep 2007014,20075.846.24$88,667
Aug 2007021,85069.066.39$139,576
Jul 2007028,84970.906.39$184,286
Jun 20070062.007.55$0
May 2007055,80758.747.85$437,877
Apr 20070059.617.81$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.

Apr 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.63 =         $0
Gas                1,325 Mcf  × $  2.75 =     $3,645

────────────────────────────────────────────────────
Month total                                   $3,645

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/231890 is the state's own key, not one this site invented.