FOSTER

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 233033District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 2007 – Feb 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
119
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

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 Gas112008-06-10182754
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
CondensateDisposition2,992 bbl$249,637
GasProduction387,428 Mcf$2,454,729
Total$2,704,366

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 33.3552, -97.3482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35521, -97.34821 · 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
9,023 ft
1 wells filed one
Completion to plug
9.8 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 9,023 ft.

Completions filed
Apr 2007
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213305319,023 ftApr 2007Feb 2017Yes

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 (119)

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

119 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201517235143.433.10$8,558
Dec 201401,18354.693.59$4,249
Nov 201401,20670.464.25$5,128
Oct 201401,23278.303.90$4,806
Sep 201401,12886.164.05$4,563
Aug 2014063489.394.04$2,558
Jul 201401,41196.564.18$5,897
Jun 201401,34498.164.74$6,366
May 201401,44294.734.73$6,816
Apr 201401,38995.944.81$6,680
Mar 201401,21995.895.06$6,164
Feb 2014071897.406.19$4,446
Jan 2014031290.404.86$1,517
Dec 201301,12091.824.35$4,877
Nov 2013058988.853.74$2,202
Oct 2013076097.423.78$2,872
Sep 201301,147104.113.72$4,264
Aug 201301,340104.253.52$4,720
Jul 201301,400102.523.72$5,205
Jun 201301,51794.403.93$5,967
May 201301,68394.834.15$6,983
Apr 201301,62893.964.28$6,972
Mar 201301,62393.623.91$6,351
Feb 201301,35891.233.42$4,644
Jan 201301,34891.603.42$4,610
Dec 201201,59286.773.42$5,445
Nov 201201,57786.953.62$5,717
Oct 201201,45789.383.40$4,953
Sep 201201,55194.672.92$4,526
Aug 201201,53992.662.91$4,476
Jul 201201,94185.133.02$5,863
Jun 201201,77979.822.52$4,481
May 201201,89291.612.49$4,708
Apr 201201,761101.652.00$3,516
Mar 201202,159105.052.22$4,797
Feb 201201,955101.102.57$5,025
Jan 201201,96198.092.73$5,362
Dec 201102,11296.873.24$6,842
Nov 201101,79195.723.31$5,931
Oct 201102,06884.983.65$7,545
Sep 20111792,08883.623.99$23,290
Aug 201102,43383.404.15$10,095
Jul 201102,77694.144.52$12,540
Jun 201102,46692.904.64$11,442
May 201101,62998.134.40$7,175
Apr 201101,685105.964.33$7,302
Mar 2011085396.364.06$3,461
Feb 201101,95985.644.18$8,189
Jan 201102,60086.504.59$11,931
Dec 20101782,87785.734.35$27,768
Nov 201001,86280.843.80$7,067
Oct 201003,00678.103.51$10,548
Sep 201002,81472.633.98$11,198
Aug 201002,86173.684.42$12,644
Jul 201003,09272.554.74$14,645
Jun 20101793,10970.364.91$27,861
May 201003,35571.124.24$14,209
Apr 201003,18381.694.12$13,123
Mar 201003,36078.394.39$14,746
Feb 201003,24973.585.44$17,682
Jan 201002,39874.365.96$14,302
Dec 200903,18671.445.48$17,471
Nov 200902,79274.593.75$10,474
Oct 200904,11672.544.11$16,918
Sep 200903,73565.543.06$11,447
Aug 200904,43467.423.22$14,271
Jul 200904,96861.133.46$17,212
Jun 200904,76766.163.90$18,567
May 200905,76454.743.93$22,628
Apr 20091645,48046.773.59$27,330
Mar 200906,39842.144.06$25,969
Feb 200906,35132.814.63$29,424
Jan 200906,67935.865.37$35,873
Dec 200806,20537.105.98$37,088
Nov 200806,80155.496.86$46,657
Oct 200807,49075.246.92$51,846
Sep 20081827,348101.767.88$76,401
Aug 200807,408114.228.48$62,842
Jul 200807,566131.0811.39$86,172
Jun 200808,325131.3313.03$108,497
May 20081539,404123.1711.57$127,690
Apr 200818510,077110.3110.45$125,761
Mar 200809,093101.909.66$87,875
Feb 20081758,85692.538.77$93,865
Jan 20081819,47590.388.21$94,108
Dec 200735611,68988.337.30$116,798
Nov 2007011,73391.677.29$85,554
Oct 200736513,27282.856.92$122,109
Sep 200752313,53575.846.24$124,179
Aug 2007020769.066.39$1,322
Jul 2007017,42770.906.39$111,323
Jun 2007022,77562.007.55$171,916
May 2007030,20058.747.85$236,958
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.

Jan 2015 — as filed, then multipliedworked
Condensate           172 bbl  × $ 43.43 =     $7,470
Gas                  351 Mcf  × $  3.10 =     $1,088

────────────────────────────────────────────────────
Month total                                   $8,558

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/233033 is the state's own key, not one this site invented.