MICHAEL, GEORGE 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 234923District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.5 M
Sep 2007 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
225
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
CondensateDisposition654 bbl$54,978
GasProduction1,532,612 Mcf$7,398,756
Total$7,453,733

Every month this lease reported (225)

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

225 months

May 202602,416106.413.05$7,359
Apr 202601,23498.932.87$3,541
Mar 202601,34489.753.15$4,233
Feb 2026085463.503.75$3,203
Jan 202601,08559.138.00$8,678
Dec 202501,01956.664.41$4,497
Nov 2025084358.593.93$3,310
Oct 202501,70659.383.30$5,638
Sep 2025121,95862.743.08$6,777
Aug 202501,81663.933.01$5,475
Jul 202501,43266.743.32$4,747
Jun 202502,16166.483.13$6,761
May 202502,38760.553.23$7,716
Apr 202501,85562.363.54$6,572
Mar 202501,14667.704.27$4,891
Feb 2025088170.884.34$3,824
Jan 202501,43974.324.28$6,157
Dec 2024077668.993.12$2,422
Nov 2024071869.052.20$1,578
Oct 2024371571.372.28$1,845
Sep 2024519569.612.36$809
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024069678.082.63$1,833
May 202402,31778.812.20$5,094
Apr 202403,19284.451.66$5,296
Mar 202401,66680.301.55$2,574
Feb 202401,82976.091.78$3,262
Jan 202402,30373.023.30$7,595
Dec 202302,03271.262.61$5,305
Nov 202302,86177.892.81$8,032
Oct 202302,74485.443.09$8,472
Sep 202301,57189.042.74$4,297
Aug 202302,68580.522.67$7,177
Jul 202302,53374.852.64$6,692
Jun 202303,25868.962.26$7,358
May 202302,86570.622.23$6,382
Apr 202301,27078.122.24$2,842
Mar 202301,80772.852.39$4,324
Feb 2023072075.112.47$1,775
Jan 202301,23176.533.39$4,170
Dec 202201,01676.415.73$5,821
Nov 202201,98985.005.65$11,230
Oct 202202,54787.185.86$14,935
Sep 202203,11584.888.16$25,430
Aug 202202,94494.529.13$26,870
Jul 202201,707101.587.54$12,874
Jun 202202,015115.097.98$16,074
May 202202,291109.378.43$19,320
Apr 202202,524104.226.84$17,258
Mar 202202,762108.885.08$14,021
Feb 202202,57891.054.86$12,526
Jan 202203,24881.844.54$14,738
Dec 202103,99471.323.90$15,573
Nov 202103,74877.435.24$19,628
Oct 202103,23279.795.71$18,467
Sep 202102,45269.865.35$13,120
Aug 202102,43066.024.22$10,256
Jul 202104,17770.783.98$16,633
Jun 202103,88869.493.38$13,144
May 202103,98263.483.02$12,016
Apr 202103,30460.362.76$9,114
Mar 202103,67361.302.72$9,979
Feb 202101,74357.805.55$9,670
Jan 202103,42950.412.81$9,636
Dec 202003,25744.642.68$8,714
Nov 202004,30238.772.71$11,644
Oct 202003,99736.972.48$9,906
Sep 202003,91137.091.99$7,787
Aug 2020213,99539.982.39$10,368
Jul 202002,92038.371.83$5,329
Jun 202003,62134.901.69$6,121
May 202004,29416.921.81$7,793
Apr 202004,27014.751.80$7,705
Mar 202004,54930.341.86$8,444
Feb 202004,12949.881.98$8,178
Jan 202004,30457.252.09$9,016
Dec 201904,40959.012.30$10,160
Nov 201904,51055.302.75$12,406
Oct 2019194,36753.472.42$11,578
Sep 201904,57655.052.66$12,160
Aug 201904,93753.112.30$11,377
Jul 201904,93356.272.46$12,135
Jun 201904,41252.782.49$10,991
May 201905,18758.482.74$14,214
Apr 201904,72462.632.75$12,994
Mar 201906,16856.803.06$18,887
Feb 2019214,78750.852.79$14,434
Jan 201905,82246.033.23$18,794
Dec 201803,29146.594.19$13,774
Nov 201805,85252.934.24$24,796
Oct 201802,23561.443.40$7,595
Sep 2018213,64959.543.11$12,591
Aug 201802,35359.403.07$7,216
Jul 201805,46565.142.93$16,023
Jun 201807,23260.183.08$22,252
May 201807,94165.382.90$23,035
Apr 201807,78463.842.90$22,580
Mar 201809,23261.222.79$25,728
Feb 201808,57161.782.77$23,708
Jan 201809,85562.874.01$39,512
Dec 2017359,60457.272.92$30,063
Nov 201709,59355.423.12$29,914
Oct 2017010,61549.292.98$31,672
Sep 2017010,09047.523.09$31,151
Aug 2017010,78045.373.00$32,387
Jul 2017011,17843.873.09$34,510
Jun 2017010,68742.493.09$32,994
May 2017010,81845.373.26$35,303
Apr 2017010,40347.933.21$33,410
Mar 2017011,00446.772.98$32,832
Feb 2017010,04950.452.95$29,671
Jan 2017011,15849.413.42$38,147
Dec 2016010,83448.763.72$40,333
Nov 2016011,37742.492.64$30,085
Oct 2016011,36346.193.09$35,115
Sep 2016010,47141.553.10$32,467
Aug 2016011,30441.442.92$33,057
Jul 201607,80441.622.92$22,822
Jun 201606,75145.352.69$18,132
May 201607,06842.521.99$14,073
Apr 201607,39936.561.99$14,732
Mar 201607,71633.011.79$13,843
Feb 201606,89026.472.06$14,218
Jan 201607,09627.352.36$16,778
Dec 201508,06132.362.00$16,133
Nov 201507,40738.792.17$16,053
Oct 201506,95443.552.43$16,874
Sep 201507,02042.992.76$19,364
Aug 201507,22840.162.87$20,762
Jul 201507,45048.152.95$21,941
Jun 201507,65856.152.88$22,077
May 201508,06055.212.96$23,821
Apr 201507,91249.822.71$21,414
Mar 201508,06442.892.93$23,666
Feb 201507,12044.662.98$21,190
Jan 201508,74043.433.10$27,100
Dec 201408,29854.693.59$29,801
Nov 201408,19570.464.25$34,844
Oct 201408,59578.303.90$33,529
Sep 201408,43786.164.05$34,131
Aug 201408,74389.394.04$35,279
Jul 201408,77896.564.18$36,689
Jun 201407,84698.164.74$37,166
May 201407,31194.734.73$34,556
Apr 201407,09995.944.81$34,140
Mar 201406,28395.895.06$31,772
Feb 201405,76097.406.19$35,666
Jan 201407,10290.404.86$34,521
Dec 201307,20891.824.35$31,387
Nov 201307,09888.853.74$26,534
Oct 201307,75697.423.78$29,313
Sep 201307,694104.113.72$28,604
Aug 201308,073104.253.52$28,438
Jul 201308,234102.523.72$30,612
Jun 201308,01294.403.93$31,514
May 201308,85594.834.15$36,740
Apr 201309,08893.964.28$38,920
Mar 2013013,13093.623.91$51,376
Feb 2013012,72291.233.42$43,508
Jan 2013013,30491.603.42$45,498
Dec 2012012,48486.773.42$42,697
Nov 2012010,21486.953.62$37,025
Oct 201209,19389.383.40$31,253
Sep 201208,11494.672.92$23,680
Aug 201208,74792.662.91$25,438
Jul 201208,74485.133.02$26,414
Jun 201209,06779.822.52$22,840
May 201209,63591.612.49$23,975
Apr 2012010,107101.652.00$20,182
Mar 2012010,885105.052.22$24,187
Feb 2012010,315101.102.57$26,512
Jan 2012010,57298.092.73$28,905
Dec 2011010,81396.873.24$35,031
Nov 2011012,10895.723.31$40,093
Oct 2011012,92884.983.65$47,168
Sep 2011013,62583.623.99$54,307
Aug 2011011,28483.404.15$46,821
Jul 2011011,27594.144.52$50,932
Jun 2011011,53792.904.64$53,530
May 201107,42898.134.40$32,719
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201127086.504.59$2,336
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009135167.423.22$9,105
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200902954.743.93$114
Apr 200906,45246.773.59$23,147
Mar 2009012,30442.144.06$49,942
Feb 2009011,69632.814.63$54,188
Jan 200905,06535.865.37$27,204
Dec 2008015,28537.105.98$91,361
Nov 2008016,65855.496.86$114,280
Oct 2008018,07675.246.92$125,122
Sep 2008019,077101.767.88$150,271
Aug 2008019,549114.228.48$165,835
Jul 2008021,113131.0811.39$240,465
Jun 2008021,451131.3313.03$279,563
May 2008024,466123.1711.57$283,177
Apr 200818826,695110.3110.45$299,831
Mar 2008029,768101.909.66$287,680
Feb 2008032,29692.538.77$283,255
Jan 2008033,93790.388.21$278,478
Dec 2007039,65888.337.30$289,582
Nov 200716741,34891.677.29$316,806
Oct 2007060,67482.856.92$419,984
Sep 2007026,40375.846.24$164,865

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                2,416 Mcf  × $  3.05 =     $7,359

────────────────────────────────────────────────────
Month total                                   $7,359

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/234923 is the state's own key, not one this site invented.