PATE RANCH

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 236485District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
Jul 2007 – Jul 2020
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
157
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
GasProduction861,371 Mcf$4,432,772
Total$4,432,825

Every month this lease reported (157)

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

157 months

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 2019068855.052.66$1,828
Aug 2019085853.112.30$1,977
Jul 201901,61756.272.46$3,978
Jun 201902,11052.782.49$5,256
May 201902,10258.482.74$5,760
Apr 201902,25262.632.75$6,195
Mar 201902,47856.803.06$7,588
Feb 201902,68150.852.79$7,486
Jan 201902,78846.033.23$9,000
Dec 201804,23946.594.19$17,742
Nov 201813,84252.934.24$16,332
Oct 201803,39761.443.40$11,543
Sep 201803,33759.543.11$10,371
Aug 201802,95159.403.07$9,049
Jul 201803,78765.142.93$11,103
Jun 201803,93360.183.08$12,102
May 201804,13065.382.90$11,980
Apr 201803,89163.842.90$11,287
Mar 201803,70061.222.79$10,311
Feb 201803,11261.782.77$8,608
Jan 201804,05962.874.01$16,274
Dec 201703,19657.272.92$9,337
Nov 201703,82955.423.12$11,940
Oct 201703,75649.292.98$11,207
Sep 201702,95647.523.09$9,126
Aug 201703,47745.373.00$10,446
Jul 201702,39343.873.09$7,388
Jun 201703,25742.493.09$10,055
May 201703,80945.373.26$12,430
Apr 201704,87347.933.21$15,650
Mar 201703,57146.772.98$10,655
Feb 201702,34550.452.95$6,924
Jan 201703,22449.413.42$11,022
Dec 201603,50548.763.72$13,049
Nov 201604,59742.492.64$12,156
Oct 201603,53546.193.09$10,924
Sep 201604,56741.553.10$14,161
Aug 201604,34941.442.92$12,718
Jul 201604,20641.622.92$12,300
Jun 201603,87045.352.69$10,394
May 201604,25442.521.99$8,470
Apr 201603,42436.561.99$6,817
Mar 201604,30233.011.79$7,718
Feb 201604,04226.472.06$8,341
Jan 201603,96827.352.36$9,382
Dec 201504,48632.362.00$8,978
Nov 201504,54838.792.17$9,857
Oct 201504,38243.552.43$10,633
Sep 201504,65742.992.76$12,846
Aug 201505,37840.162.87$15,448
Jul 201505,21148.152.95$15,347
Jun 201505,07756.152.88$14,636
May 201505,34355.212.96$15,791
Apr 201503,89649.822.71$10,545
Mar 201504,61242.892.93$13,535
Feb 201502,99044.662.98$8,899
Jan 201502,70743.433.10$8,393
Dec 201405,42854.693.59$19,494
Nov 201406,50070.464.25$27,637
Oct 201406,13278.303.90$23,921
Sep 201403,36186.164.05$13,597
Aug 201402,48289.394.04$10,015
Jul 201403,51196.564.18$14,675
Jun 201404,06298.164.74$19,241
May 201404,91294.734.73$23,217
Apr 201404,78895.944.81$23,026
Mar 201405,94095.895.06$30,037
Feb 201404,84297.406.19$29,982
Jan 201405,45190.404.86$26,496
Dec 201303,45691.824.35$15,049
Nov 201305,19188.853.74$19,405
Oct 201304,89497.423.78$18,496
Sep 201305,500104.113.72$20,448
Aug 201305,502104.253.52$19,381
Jul 201305,877102.523.72$21,849
Jun 201305,74294.403.93$22,586
May 201305,37994.834.15$22,318
Apr 201306,18193.964.28$26,471
Mar 201305,70393.623.91$22,315
Feb 201306,18991.233.42$21,166
Jan 201307,39591.603.42$25,290
Dec 201206,02886.773.42$20,617
Nov 201206,73286.953.62$24,403
Oct 201207,49989.383.40$25,494
Sep 201208,55794.672.92$24,973
Aug 201208,24992.662.91$23,989
Jul 201208,94685.133.02$27,024
Jun 201207,19279.822.52$18,117
May 201208,39691.612.49$20,892
Apr 201208,247101.652.00$16,468
Mar 201204,311105.052.22$9,579
Feb 201201,002101.102.57$2,575
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201102384.983.65$84
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011019094.144.52$858
Jun 2011036092.904.64$1,670
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201002485.734.35$104
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010012772.554.74$602
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201005,21078.394.39$22,865
Feb 201004,89773.585.44$26,651
Jan 201003,09574.365.96$18,459
Dec 200906,85871.445.48$37,608
Nov 200907,09274.593.75$26,606
Oct 200907,77572.544.11$31,957
Sep 200908,38465.543.06$25,695
Aug 200909,00467.423.22$28,979
Jul 2009010,08261.133.46$34,929
Jun 2009011,06466.163.90$43,094
May 2009016,75554.743.93$65,776
Apr 2009016,29746.773.59$58,465
Mar 200904,01942.144.06$16,313
Feb 200909,41332.814.63$43,610
Jan 200909,86735.865.37$52,996
Dec 2008010,74537.105.98$64,224
Nov 2008012,34155.496.86$84,664
Oct 2008012,68675.246.92$87,812
Sep 2008013,127101.767.88$103,403
Aug 2008015,672114.228.48$132,946
Jul 2008015,353131.0811.39$174,862
Jun 200804,676131.3313.03$60,941
May 200809,904123.1711.57$114,632
Apr 2008016,412110.3110.45$171,585
Mar 2008019,276101.909.66$186,285
Feb 2008019,61292.538.77$172,009
Jan 2008019,22290.388.21$157,731
Dec 2007016,26788.337.30$118,781
Nov 2007030,18291.677.29$220,078
Oct 2007029,51082.856.92$204,268
Sep 2007030,11075.846.24$188,012
Aug 2007026,29069.066.39$167,939
Jul 2007025,32970.906.39$161,800

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.

Sep 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.05 =         $0
Gas                  688 Mcf  × $  2.66 =     $1,828

────────────────────────────────────────────────────
Month total                                   $1,828

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/236485 is the state's own key, not one this site invented.