FAIRWAY 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 232412District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.7 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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
CondensateDisposition5 bbl$256
GasProduction2,048,299 Mcf$10,701,710
Total$10,701,966

Every month this lease reported (229)

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

229 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 20250162.363.54$4
Mar 20250667.704.27$26
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 20240275.632.06$4
Jul 20240279.932.15$4
Jun 20240078.082.63$0
May 20240378.812.20$7
Apr 20240684.451.66$10
Mar 20240680.301.55$9
Feb 20240476.091.78$7
Jan 20240073.023.30$0
Dec 20230271.262.61$5
Nov 20230677.892.81$17
Oct 20230385.443.09$9
Sep 202301089.042.74$27
Aug 20230280.522.67$5
Jul 20230274.852.64$5
Jun 202301268.962.26$27
May 202301270.622.23$27
Apr 202301578.122.24$34
Mar 20230072.852.39$0
Feb 20230475.112.47$10
Jan 20230076.533.39$0
Dec 20220476.415.73$23
Nov 202202,99585.005.65$16,910
Oct 202205,31087.185.86$31,137
Sep 202205,17584.888.16$42,247
Aug 202204,91994.529.13$44,897
Jul 202205,408101.587.54$40,788
Jun 202204,324115.097.98$34,493
May 202204,906109.378.43$41,372
Apr 202204,884104.226.84$33,395
Mar 202205,117108.885.08$25,976
Feb 202204,92991.054.86$23,949
Jan 202204,47481.844.54$20,302
Dec 202105,42171.323.90$21,137
Nov 202104,55277.435.24$23,838
Oct 202105,34379.795.71$30,529
Sep 202104,99269.865.35$26,712
Aug 202105,32166.024.22$22,458
Jul 202105,32070.783.98$21,185
Jun 202105,40369.493.38$18,265
May 202105,73063.483.02$17,291
Apr 202105,81960.362.76$16,051
Mar 202106,15461.302.72$16,720
Feb 202104,45057.805.55$24,688
Jan 202105,54350.412.81$15,577
Dec 202004,28044.642.68$11,451
Nov 202004,05238.772.71$10,967
Oct 202004,37936.972.48$10,853
Sep 202004,75037.091.99$9,457
Aug 202004,98239.982.39$11,883
Jul 202005,20238.371.83$9,494
Jun 202004,96234.901.69$8,387
May 202005,32416.921.81$9,662
Apr 202005,37814.751.80$9,704
Mar 202005,62630.341.86$10,443
Feb 202004,98749.881.98$9,878
Jan 202005,16657.252.09$10,821
Dec 201905,80259.012.30$13,370
Nov 201904,65655.302.75$12,807
Oct 201904,84153.472.42$11,708
Sep 201905,49255.052.66$14,594
Aug 201905,89653.112.30$13,587
Jul 201905,82556.272.46$14,330
Jun 201905,45252.782.49$13,582
May 201905,39058.482.74$14,770
Apr 201906,09562.632.75$16,766
Mar 201906,28856.803.06$19,254
Feb 201945,35550.852.79$15,156
Jan 201905,47746.033.23$17,681
Dec 201805,62046.594.19$23,522
Nov 201815,56952.934.24$23,650
Oct 201806,28961.443.40$21,371
Sep 201805,72959.543.11$17,806
Aug 201806,05959.403.07$18,580
Jul 201805,67565.142.93$16,638
Jun 201805,55160.183.08$17,080
May 201805,92965.382.90$17,199
Apr 201806,11263.842.90$17,730
Mar 201805,93661.222.79$16,543
Feb 201804,64161.782.77$12,838
Jan 201804,08962.874.01$16,394
Dec 201705,26157.272.92$15,370
Nov 201705,39555.423.12$16,824
Oct 201705,60149.292.98$16,712
Sep 201705,30747.523.09$16,384
Aug 201705,94445.373.00$17,858
Jul 201706,02443.873.09$18,598
Jun 201706,00242.493.09$18,530
May 201706,56145.373.26$21,411
Apr 201706,63547.933.21$21,309
Mar 201706,39146.772.98$19,069
Feb 201705,71450.452.95$16,871
Jan 201706,56649.413.42$22,448
Dec 201606,42148.763.72$23,904
Nov 201606,43842.492.64$17,024
Oct 201606,74546.193.09$20,844
Sep 201605,62141.553.10$17,429
Aug 201606,75641.442.92$19,757
Jul 201607,00441.622.92$20,482
Jun 201606,55945.352.69$17,616
May 201606,90542.521.99$13,748
Apr 201607,02936.561.99$13,995
Mar 201607,46633.011.79$13,394
Feb 201606,65526.472.06$13,733
Jan 201607,07227.352.36$16,721
Dec 201507,76832.362.00$15,547
Nov 201507,31738.792.17$15,858
Oct 201507,48543.552.43$18,163
Sep 201507,33342.992.76$20,227
Aug 201509,41540.162.87$27,044
Jul 201508,44648.152.95$24,874
Jun 201508,22556.152.88$23,712
May 201508,68355.212.96$25,662
Apr 201508,52349.822.71$23,068
Mar 201508,87942.892.93$26,057
Feb 201508,56544.662.98$25,491
Jan 201509,59543.433.10$29,751
Dec 201409,73854.693.59$34,973
Nov 201409,34470.464.25$39,729
Oct 201408,83178.303.90$34,449
Sep 2014010,99186.164.05$44,463
Aug 2014010,65789.394.04$43,002
Jul 2014010,99296.564.18$45,942
Jun 2014010,59098.164.74$50,164
May 2014012,58594.734.73$59,484
Apr 201407,91995.944.81$38,083
Mar 201406,99995.895.06$35,393
Feb 201406,10097.406.19$37,771
Jan 201407,55890.404.86$36,737
Dec 201307,93991.824.35$34,570
Nov 201307,51488.853.74$28,089
Oct 201307,23397.423.78$27,336
Sep 201307,981104.113.72$29,671
Aug 201308,252104.253.52$29,069
Jul 201307,836102.523.72$29,132
Jun 201307,31794.403.93$28,781
May 201307,96694.834.15$33,052
Apr 201307,04093.964.28$30,149
Mar 201307,79893.623.91$30,513
Feb 201308,01091.233.42$27,393
Jan 201308,52391.603.42$29,148
Dec 201208,60586.773.42$29,430
Nov 201208,87486.953.62$32,168
Oct 201208,97389.383.40$30,505
Sep 201208,39694.672.92$24,503
Aug 201209,23692.662.91$26,860
Jul 201209,75785.133.02$29,474
Jun 201206,71079.822.52$16,903
May 2012010,26091.612.49$25,530
Apr 2012010,291101.652.00$20,549
Mar 2012010,239105.052.22$22,752
Feb 201209,267101.102.57$23,818
Jan 2012010,31098.092.73$28,188
Dec 201109,62996.873.24$31,195
Nov 2011010,33595.723.31$34,222
Oct 201108,18384.983.65$29,856
Sep 2011010,27083.623.99$40,934
Aug 201109,66083.404.15$40,082
Jul 201109,73794.144.52$43,984
Jun 201109,36892.904.64$43,466
May 2011010,11398.134.40$44,546
Apr 201109,767105.964.33$42,323
Mar 2011010,58196.364.06$42,931
Feb 201108,50185.644.18$35,534
Jan 201109,94586.504.59$45,635
Dec 2010010,81785.734.35$47,030
Nov 2010010,84180.843.80$41,145
Oct 2010011,26278.103.51$39,517
Sep 2010011,31572.633.98$45,028
Aug 2010011,67073.684.42$51,574
Jul 2010011,92072.554.74$56,459
Jun 2010012,06770.364.91$59,254
May 2010012,93571.124.24$54,783
Apr 2010012,18381.694.12$50,227
Mar 2010012,75878.394.39$55,991
Feb 2010011,68373.585.44$63,583
Jan 2010013,50774.365.96$80,557
Dec 2009013,86471.445.48$76,027
Nov 2009013,81774.593.75$51,834
Oct 2009014,52672.544.11$59,705
Sep 2009014,36965.543.06$44,037
Aug 2009015,55467.423.22$50,061
Jul 2009016,08361.133.46$55,720
Jun 2009016,36466.163.90$63,738
May 2009017,22454.743.93$67,617
Apr 2009016,65946.773.59$59,764
Mar 2009017,66742.144.06$71,710
Feb 2009016,48732.814.63$76,384
Jan 2009019,10135.865.37$102,591
Dec 2008019,92537.105.98$119,095
Nov 2008020,76855.496.86$142,476
Oct 2008022,69675.246.92$157,101
Sep 2008022,579101.767.88$177,857
Aug 2008024,419114.228.48$207,147
Jul 2008026,803131.0811.39$305,271
Jun 2008026,872131.3313.03$350,213
May 2008029,006123.1711.57$335,724
Apr 2008040,618110.3110.45$424,656
Mar 2008031,138101.909.66$300,920
Feb 2008029,76892.538.77$261,083
Jan 2008033,78190.388.21$277,198
Dec 2007031,87288.337.30$232,728
Nov 2007034,53691.677.29$251,826
Oct 2007042,09282.856.92$291,360
Sep 2007042,40275.846.24$264,765
Aug 2007050,19269.066.39$320,623
Jul 2007060,55270.906.39$386,803
Jun 2007068,96362.007.55$520,564
May 2007060,17158.747.85$472,119

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                    1 Mcf  × $  3.54 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/232412 is the state's own key, not one this site invented.