LAXTON 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 235524District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.1 M
Oct 2007 – Apr 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
199
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
CondensateDisposition1 bbl$53
GasProduction1,379,887 Mcf$7,086,902
Total$7,086,955

Every month this lease reported (199)

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

199 months

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 201901,36958.482.74$3,752
Apr 201904,68662.632.75$12,890
Mar 201904,07956.803.06$12,490
Feb 201905,45250.852.79$15,223
Jan 201905,77846.033.23$18,652
Dec 201801,81946.594.19$7,613
Nov 201811,12252.934.24$4,807
Oct 201801,32761.443.40$4,509
Sep 201801,34359.543.11$4,174
Aug 201801,32059.403.07$4,048
Jul 2018087765.142.93$2,571
Jun 201801,82560.183.08$5,615
May 201805,81865.382.90$16,877
Apr 201804,35763.842.90$12,639
Mar 201806,19661.222.79$17,267
Feb 201804,96761.782.77$13,739
Jan 201803,66262.874.01$14,682
Dec 201706,63057.272.92$19,370
Nov 201707,96955.423.12$24,850
Oct 201708,34049.292.98$24,884
Sep 201707,61047.523.09$23,494
Aug 201706,94045.373.00$20,851
Jul 201707,51243.873.09$23,192
Jun 201707,84742.493.09$24,226
May 201708,23045.373.26$26,858
Apr 201706,56047.933.21$21,068
Mar 201708,42446.772.98$25,135
Feb 201707,89950.452.95$23,323
Jan 201706,51249.413.42$22,263
Dec 201606,74748.763.72$25,118
Nov 201607,56642.492.64$20,007
Oct 201608,03546.193.09$24,830
Sep 201607,68641.553.10$23,831
Aug 201607,31441.442.92$21,389
Jul 201607,37141.622.92$21,555
Jun 201606,12445.352.69$16,448
May 201605,50542.521.99$10,961
Apr 201605,16936.561.99$10,292
Mar 201605,65633.011.79$10,147
Feb 201606,09126.472.06$12,570
Jan 201606,96927.352.36$16,477
Dec 201506,45132.362.00$12,911
Nov 201503,73138.792.17$8,086
Oct 201503,86343.552.43$9,374
Sep 201503,41942.992.76$9,431
Aug 201502340.162.87$66
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150255.212.96$6
Apr 20150049.822.71$0
Mar 201506,25842.892.93$18,365
Feb 201507,21844.662.98$21,482
Jan 201507,64343.433.10$23,698
Dec 201408,16954.693.59$29,338
Nov 201404,02270.464.25$17,101
Oct 201403,64778.303.90$14,227
Sep 201403,95186.164.05$15,984
Aug 201404,96589.394.04$20,034
Jul 201405,31796.564.18$22,223
Jun 201406,13998.164.74$29,080
May 201408,25194.734.73$38,999
Apr 201407,40295.944.81$35,597
Mar 201407,20295.895.06$36,419
Feb 201406,63797.406.19$41,096
Jan 201406,90490.404.86$33,558
Dec 201307,88991.824.35$34,352
Nov 201307,85788.853.74$29,372
Oct 201308,83297.423.78$33,379
Sep 201308,969104.113.72$33,344
Aug 201308,077104.253.52$28,452
Jul 201307,746102.523.72$28,798
Jun 201307,70094.403.93$30,287
May 201308,37294.834.15$34,736
Apr 201307,03393.964.28$30,119
Mar 201307,87293.623.91$30,802
Feb 201307,22591.233.42$24,709
Jan 201307,28991.603.42$24,928
Dec 201207,80486.773.42$26,691
Nov 201208,29286.953.62$30,058
Oct 201208,44389.383.40$28,704
Sep 201208,16894.672.92$23,837
Aug 201208,59392.662.91$24,990
Jul 2012010,77885.133.02$32,558
Jun 2012010,71079.822.52$26,979
May 201208,84891.612.49$22,017
Apr 201208,746101.652.00$17,464
Mar 201209,848105.052.22$21,883
Feb 201208,770101.102.57$22,541
Jan 201207,97398.092.73$21,799
Dec 201102,89596.873.24$9,379
Nov 201103,71995.723.31$12,315
Oct 201109,43884.983.65$34,435
Sep 201109,36283.623.99$37,315
Aug 2011011,01283.404.15$45,692
Jul 201109,87594.144.52$44,608
Jun 2011010,76092.904.64$49,925
May 2011010,41998.134.40$45,894
Apr 2011010,259105.964.33$44,455
Mar 2011010,05396.364.06$40,788
Feb 201108,78785.644.18$36,729
Jan 2011010,06886.504.59$46,200
Dec 2010010,45685.734.35$45,460
Nov 201009,78880.843.80$37,149
Oct 2010011,31878.103.51$39,714
Sep 2010011,19272.633.98$44,538
Aug 2010011,20873.684.42$49,532
Jul 2010011,59272.554.74$54,905
Jun 2010010,81670.364.91$53,111
May 2010012,81971.124.24$54,291
Apr 2010012,35681.694.12$50,940
Mar 2010011,93378.394.39$52,370
Feb 2010011,38073.585.44$61,934
Jan 2010013,17274.365.96$78,559
Dec 2009014,16871.445.48$77,694
Nov 2009012,28974.593.75$46,102
Oct 2009013,87672.544.11$57,034
Sep 2009013,01365.543.06$39,882
Aug 2009011,41667.423.22$36,742
Jul 2009013,73261.133.46$47,575
Jun 2009014,51866.163.90$56,548
May 2009014,62554.743.93$57,414
Apr 2009014,84446.773.59$53,253
Mar 2009017,87642.144.06$72,559
Feb 2009017,32232.814.63$80,253
Jan 2009017,14135.865.37$92,064
Dec 2008019,73337.105.98$117,947
Nov 2008021,95755.496.86$150,633
Oct 2008023,07275.246.92$159,704
Sep 2008022,846101.767.88$179,960
Aug 2008024,185114.228.48$205,162
Jul 2008024,534131.0811.39$279,428
Jun 2008024,014131.3313.03$312,966
May 200806,568123.1711.57$76,020
Apr 2008025,097110.3110.45$262,386
Mar 2008029,209101.909.66$282,278
Feb 2008029,76492.538.77$261,048
Jan 2008033,70090.388.21$276,533
Dec 2007038,72788.337.30$282,783
Nov 2007040,96091.677.29$298,668
Oct 2007056,27382.856.92$389,521

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.48 =         $0
Gas                1,369 Mcf  × $  2.74 =     $3,752

────────────────────────────────────────────────────
Month total                                   $3,752

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/235524 is the state's own key, not one this site invented.