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 232415District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.5 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
CondensateDisposition6 bbl$303
GasProduction1,669,420 Mcf$8,489,675
Total$8,489,978

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 20250062.363.54$0
Mar 20250267.704.27$9
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 20240784.451.66$12
Mar 20240380.301.55$5
Feb 20240376.091.78$5
Jan 20240073.023.30$0
Dec 20230471.262.61$10
Nov 20230577.892.81$14
Oct 20230285.443.09$6
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230274.852.64$5
Jun 20230768.962.26$16
May 202304570.622.23$100
Apr 202301,64778.122.24$3,686
Mar 202303,92072.852.39$9,381
Feb 202302,90575.112.47$7,163
Jan 202304,20076.533.39$14,228
Dec 202204,45176.415.73$25,500
Nov 202204,17085.005.65$23,545
Oct 202204,54187.185.86$26,627
Sep 202204,68784.888.16$38,263
Aug 202203,90994.529.13$35,678
Jul 202204,362101.587.54$32,899
Jun 202203,294115.097.98$26,277
May 202203,738109.378.43$31,523
Apr 202204,177104.226.84$28,561
Mar 202204,302108.885.08$21,839
Feb 202203,97491.054.86$19,309
Jan 202203,95781.844.54$17,956
Dec 202104,76371.323.90$18,572
Nov 202104,81277.435.24$25,200
Oct 202104,83279.795.71$27,609
Sep 202104,44169.865.35$23,763
Aug 202104,78966.024.22$20,212
Jul 202104,87770.783.98$19,421
Jun 202104,71769.493.38$15,946
May 202104,93663.483.02$14,895
Apr 202105,09760.362.76$14,060
Mar 202105,69261.302.72$15,465
Feb 202103,53257.805.55$19,595
Jan 202104,34250.412.81$12,202
Dec 202003,56544.642.68$9,538
Nov 202003,66338.772.71$9,914
Oct 202003,82736.972.48$9,485
Sep 202004,06337.091.99$8,090
Aug 202004,45839.982.39$10,633
Jul 202004,50438.371.83$8,220
Jun 202004,33234.901.69$7,322
May 202004,56916.921.81$8,292
Apr 202004,80814.751.80$8,675
Mar 202005,07930.341.86$9,428
Feb 202004,06249.881.98$8,045
Jan 202005,00657.252.09$10,486
Dec 201905,17759.012.30$11,930
Nov 201904,59655.302.75$12,642
Oct 201904,29853.472.42$10,395
Sep 201904,99955.052.66$13,284
Aug 201905,02353.112.30$11,575
Jul 201904,91856.272.46$12,099
Jun 201904,72652.782.49$11,773
May 201904,83458.482.74$13,247
Apr 201905,59762.632.75$15,396
Mar 201905,50756.803.06$16,863
Feb 201944,05450.852.79$11,523
Jan 201904,89246.033.23$15,792
Dec 201814,07046.594.19$17,081
Nov 201814,64752.934.24$19,743
Oct 201805,50161.443.40$18,693
Sep 201803,62859.543.11$11,276
Aug 201804,70859.403.07$14,437
Jul 201805,14765.142.93$15,090
Jun 201805,14260.183.08$15,822
May 201804,55965.382.90$13,225
Apr 201805,31663.842.90$15,421
Mar 201804,19761.222.79$11,696
Feb 201804,74261.782.77$13,117
Jan 201804,38562.874.01$17,581
Dec 201704,69557.272.92$13,717
Nov 201704,78655.423.12$14,924
Oct 201705,00849.292.98$14,942
Sep 201704,82047.523.09$14,881
Aug 201705,03245.373.00$15,118
Jul 201704,76243.873.09$14,702
Jun 201705,38842.493.09$16,634
May 201705,56045.373.26$18,145
Apr 201705,99047.933.21$19,237
Mar 201705,81546.772.98$17,350
Feb 201705,75550.452.95$16,992
Jan 201705,19249.413.42$17,750
Dec 201605,61048.763.72$20,885
Nov 201605,52342.492.64$14,605
Oct 201605,75646.193.09$17,788
Sep 201605,40641.553.10$16,762
Aug 201605,71841.442.92$16,721
Jul 201606,24041.622.92$18,248
Jun 201605,97845.352.69$16,056
May 201606,42542.521.99$12,792
Apr 201606,62236.561.99$13,185
Mar 201606,77533.011.79$12,154
Feb 201606,04826.472.06$12,481
Jan 201606,64927.352.36$15,721
Dec 201506,73132.362.00$13,471
Nov 201506,46738.792.17$14,016
Oct 201506,33843.552.43$15,380
Sep 201506,43842.992.76$17,759
Aug 201508,02540.162.87$23,052
Jul 201507,11848.152.95$20,963
Jun 201507,27656.152.88$20,976
May 201507,48355.212.96$22,116
Apr 201507,66149.822.71$20,735
Mar 201507,71042.892.93$22,627
Feb 201507,14544.662.98$21,265
Jan 201507,76143.433.10$24,064
Dec 201408,35554.693.59$30,006
Nov 201409,07470.464.25$38,581
Oct 201408,50778.303.90$33,185
Sep 201403,10086.164.05$12,541
Aug 201405,38289.394.04$21,717
Jul 201405,55196.564.18$23,201
Jun 201406,22598.164.74$29,487
May 201406,73894.734.73$31,848
Apr 201406,83495.944.81$32,866
Mar 201406,10495.895.06$30,867
Feb 201405,37897.406.19$33,301
Jan 201405,56990.404.86$27,069
Dec 201305,74591.824.35$25,016
Nov 201307,07388.853.74$26,441
Oct 201306,70897.423.78$25,352
Sep 201306,255104.113.72$23,254
Aug 201306,442104.253.52$22,693
Jul 201306,849102.523.72$25,463
Jun 201306,56094.403.93$25,803
May 201306,72894.834.15$27,915
Apr 201306,38993.964.28$27,361
Mar 201306,62693.623.91$25,927
Feb 201306,39891.233.42$21,881
Jan 201306,90391.603.42$23,608
Dec 201206,59786.773.42$22,563
Nov 201207,99286.953.62$28,971
Oct 201208,35789.383.40$28,411
Sep 201207,73194.672.92$22,562
Aug 201207,96392.662.91$23,158
Jul 201207,95785.133.02$24,037
Jun 2012012,15479.822.52$30,616
May 201207,56691.612.49$18,827
Apr 201207,287101.652.00$14,551
Mar 201208,870105.052.22$19,710
Feb 201208,553101.102.57$21,983
Jan 201209,61498.092.73$26,285
Dec 201107,70896.873.24$24,972
Nov 201106,88695.723.31$22,801
Oct 201105,30384.983.65$19,348
Sep 201108,33183.623.99$33,206
Aug 201108,17983.404.15$33,937
Jul 201108,21194.144.52$37,091
Jun 201107,99492.904.64$37,091
May 201108,29798.134.40$36,547
Apr 201108,139105.964.33$35,269
Mar 201108,75796.364.06$35,530
Feb 201107,81685.644.18$32,671
Jan 201108,48886.504.59$38,950
Dec 201008,71185.734.35$37,873
Nov 201008,43680.843.80$32,017
Oct 201008,96378.103.51$31,450
Sep 201008,86472.633.98$35,274
Aug 201009,37073.684.42$41,409
Jul 201009,52972.554.74$45,134
Jun 201009,53170.364.91$46,801
May 2010010,21571.124.24$43,263
Apr 201009,90081.694.12$40,815
Mar 201009,88778.394.39$43,391
Feb 201009,42473.585.44$51,289
Jan 2010010,89174.365.96$64,955
Dec 2009010,96071.445.48$60,102
Nov 2009010,88974.593.75$40,850
Oct 2009011,69472.544.11$48,065
Sep 2009011,46865.543.06$35,147
Aug 2009012,11467.423.22$38,989
Jul 2009012,38161.133.46$42,894
Jun 2009012,57966.163.90$48,995
May 2009013,61054.743.93$53,429
Apr 2009013,32146.773.59$47,789
Mar 2009014,52642.144.06$58,961
Feb 2009013,02732.814.63$60,354
Jan 2009014,95935.865.37$80,345
Dec 2008015,87237.105.98$94,869
Nov 2008016,54655.496.86$113,512
Oct 2008018,03775.246.92$124,852
Sep 2008017,185101.767.88$135,368
Aug 2008018,868114.228.48$160,058
Jul 2008020,976131.0811.39$238,905
Jun 2008021,385131.3313.03$278,703
May 2008021,391123.1711.57$247,586
Apr 2008020,266110.3110.45$211,878
Mar 2008025,630101.909.66$247,690
Feb 2008023,95892.538.77$210,126
Jan 2008026,05990.388.21$213,833
Dec 2007025,75988.337.30$188,091
Nov 2007027,36591.677.29$199,537
Oct 2007031,99182.856.92$221,441
Sep 2007032,92175.846.24$205,564
Aug 2007037,48269.066.39$239,433
Jul 2007041,79070.906.39$266,952
Jun 2007054,35262.007.55$410,273
May 2007048,63958.747.85$381,635

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                    2 Mcf  × $  4.27 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/232415 is the state's own key, not one this site invented.