BUCHANAN

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 237674District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.1 M
Jan 2008 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
221
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 Gas112008-09-17182195
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
CondensateDisposition26,991 bbl$2,309,892
GasProduction5,106,422 Mcf$23,801,771
Total$26,111,663

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 33.1657, -97.6052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16571, -97.60518 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,483 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,483 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-497362002H7,483 ftJan 2008

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 (221)

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

221 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202610247889.753.15$10,660
Feb 202606,20863.503.75$23,282
Jan 202605,17759.138.00$41,405
Dec 202507,67456.664.41$33,868
Nov 20251327,35658.593.93$36,617
Oct 202507,18659.383.30$23,749
Sep 202504,43762.743.08$13,652
Aug 202503,47663.933.01$10,479
Jul 202501,24066.743.32$4,111
Jun 202506,93566.483.13$21,698
May 2025013,89960.553.23$44,926
Apr 202508,68662.363.54$30,776
Mar 202506,11867.704.27$26,114
Feb 2025011,40070.884.34$49,486
Jan 202509,91374.324.28$42,415
Dec 202409,78368.993.12$30,536
Nov 202408,71569.052.20$19,159
Oct 202409,48971.372.28$21,648
Sep 2024010,64069.612.36$25,157
Aug 202409,61175.632.06$19,834
Jul 202409,61179.932.15$20,631
Jun 202408,41578.082.63$22,165
May 2024010,37378.812.20$22,804
Apr 20249211,66984.451.66$27,131
Mar 2024012,82180.301.55$19,810
Feb 2024011,55276.091.78$20,605
Jan 2024012,05073.023.30$39,737
Dec 2023012,92671.262.61$33,746
Nov 2023010,18977.892.81$28,606
Oct 202307,20285.443.09$22,235
Sep 202309,01889.042.74$24,665
Aug 2023011,54580.522.67$30,858
Jul 202305,94074.852.64$15,692
Jun 2023024168.962.26$544
May 202308,98970.622.23$20,022
Apr 202306,66878.122.24$14,921
Mar 2023011,44472.852.39$27,387
Feb 202308,04875.112.47$19,844
Jan 2023012,93276.533.39$43,810
Dec 2022013,06376.415.73$74,839
Nov 2022014,46985.005.65$81,695
Oct 2022015,04087.185.86$88,191
Sep 2022015,42184.888.16$125,892
Aug 2022014,88294.529.13$135,830
Jul 2022014,686101.587.54$110,763
Jun 2022012,981115.097.98$103,552
May 2022016,313109.378.43$137,568
Apr 2022013,822104.226.84$94,509
Mar 202204,490108.885.08$22,793
Feb 2022024291.054.86$1,176
Jan 2022017,84781.844.54$80,984
Dec 2021012,81371.323.90$49,959
Nov 2021014,27977.435.24$74,777
Oct 2021013,22779.795.71$75,577
Sep 2021012,98869.865.35$69,498
Aug 2021017,36366.024.22$73,282
Jul 2021013,07970.783.98$52,082
Jun 2021011,25969.493.38$38,062
May 202116713,68663.483.02$51,901
Apr 2021013,50360.362.76$37,247
Mar 202107,36661.302.72$20,013
Feb 202107,58157.805.55$42,059
Jan 202109,56850.412.81$26,889
Dec 202007,91644.642.68$21,179
Nov 2020013,02038.772.71$35,240
Oct 20206012,13836.972.48$32,301
Sep 2020014,32837.091.99$28,528
Aug 2020013,09839.982.39$31,240
Jul 2020013,13738.371.83$23,977
Jun 2020013,03134.901.69$22,026
May 202016015,72816.921.81$31,250
Apr 2020013,48114.751.80$24,325
Mar 2020016,36130.341.86$30,370
Feb 202018614,95349.881.98$38,895
Jan 2020017,71057.252.09$37,098
Dec 2019016,26559.012.30$37,480
Nov 201917413,41655.302.75$46,526
Oct 2019017,51753.472.42$42,366
Sep 2019014,83555.052.66$39,421
Aug 2019016,58853.112.30$38,225
Jul 201918316,26156.272.46$50,300
Jun 2019014,47852.782.49$36,068
May 20192215,90558.482.74$44,871
Apr 201908,34662.632.75$22,957
Mar 201905,02756.803.06$15,393
Feb 201918812,90950.852.79$45,605
Jan 2019016,17946.033.23$52,229
Dec 2018017,73746.594.19$74,237
Nov 201822016,47952.934.24$81,470
Oct 2018018,14161.443.40$61,645
Sep 2018018,21659.543.11$56,615
Aug 2018019,73059.403.07$60,503
Jul 201812519,50165.142.93$65,317
Jun 2018016,97560.183.08$52,231
May 201809,86165.382.90$28,605
Apr 201803,80963.842.90$11,049
Mar 2018014,36461.222.79$40,030
Feb 201818315,69661.782.77$54,723
Jan 2018018,36862.874.01$73,643
Dec 20178119,80557.272.92$62,500
Nov 2017019,57655.423.12$61,045
Oct 201718520,41849.292.98$70,039
Sep 2017020,13947.523.09$62,175
Aug 20175621,67845.373.00$67,670
Jul 20177811,97943.873.09$40,404
Jun 2017017,99142.493.09$55,543
May 2017019,82145.373.26$64,684
Apr 2017020,55047.933.21$65,998
Mar 2017014,68846.772.98$43,824
Feb 2017010,85450.452.95$32,048
Jan 201716820,27749.413.42$77,624
Dec 2016020,26048.763.72$75,425
Nov 201619620,30042.492.64$62,008
Oct 2016019,22446.193.09$59,407
Sep 2016019,92341.553.10$61,774
Aug 2016020,43541.442.92$59,759
Jul 201619220,04041.622.92$66,595
Jun 2016019,04445.352.69$51,149
May 2016020,01442.521.99$39,849
Apr 201619319,20636.561.99$45,296
Mar 2016019,99433.011.79$35,869
Feb 2016020,62626.472.06$42,564
Jan 201622720,67227.352.36$55,085
Dec 2015022,62732.362.00$45,286
Nov 2015021,95838.792.17$47,590
Oct 2015016,91543.552.43$41,046
Sep 20151888,17842.992.76$30,640
Aug 20158215,94340.162.87$49,089
Jul 2015021,66848.152.95$63,814
Jun 2015021,89256.152.88$63,112
May 201519522,76655.212.96$78,050
Apr 2015022,87949.822.71$61,924
Mar 201518323,88742.892.93$77,950
Feb 2015022,27544.662.98$66,295
Jan 2015024,61343.433.10$76,316
Dec 2014026,64354.693.59$95,685
Nov 2014023,62970.464.25$100,467
Oct 2014024,83378.303.90$96,873
Sep 2014022,43586.164.05$90,759
Aug 2014024,56289.394.04$99,111
Jul 2014023,58496.564.18$98,572
Jun 2014025,90598.164.74$122,709
May 2014023,91294.734.73$113,022
Apr 2014022,79295.944.81$109,609
Mar 2014024,62695.895.06$124,529
Feb 2014022,68397.406.19$140,453
Jan 2014024,69290.404.86$120,021
Dec 2013024,48191.824.35$106,602
Nov 2013025,21288.853.74$94,250
Oct 20136626,80397.423.78$107,728
Sep 2013023,868104.113.72$88,735
Aug 2013023,942104.253.52$84,338
Jul 2013025,619102.523.72$95,245
Jun 201318324,41594.403.93$113,309
May 2013026,02394.834.15$107,972
Apr 2013024,67293.964.28$105,660
Mar 2013025,84493.623.91$101,124
Feb 2013022,71791.233.42$77,690
Jan 2013026,21491.603.42$89,650
Dec 2012027,31986.773.42$93,435
Nov 2012029,58686.953.62$107,248
Oct 2012029,63189.383.40$100,736
Sep 2012027,61094.672.92$80,577
Aug 2012029,73192.662.91$86,463
Jul 2012029,72385.133.02$89,787
Jun 2012029,47379.822.52$74,244
May 2012031,34091.612.49$77,984
Apr 2012030,407101.652.00$60,717
Mar 2012032,265105.052.22$71,695
Feb 2012030,631101.102.57$78,729
Jan 2012033,58398.092.73$91,819
Dec 201118834,27996.873.24$129,267
Nov 2011034,36795.723.31$113,799
Oct 2011034,71684.983.65$126,663
Sep 2011032,73183.623.99$130,459
Aug 2011035,11183.404.15$145,687
Jul 2011037,91694.144.52$171,276
Jun 2011035,46092.904.64$164,530
May 2011037,77598.134.40$166,392
Apr 2011035,398105.964.33$153,389
Mar 2011038,36496.364.06$155,656
Feb 2011030,18985.644.18$126,189
Jan 2011039,76586.504.59$182,473
Dec 2010040,03585.734.35$174,062
Nov 2010039,22080.843.80$148,853
Oct 2010040,86778.103.51$143,398
Sep 2010039,74372.633.98$158,156
Aug 2010041,61473.684.42$183,907
Jul 2010054,58272.554.74$258,527
Jun 2010037,68370.364.91$185,039
May 2010040,22171.124.24$170,345
Apr 2010039,23181.694.12$161,737
Mar 201017341,18978.394.39$194,326
Feb 2010034,20373.585.44$186,145
Jan 201018935,44574.365.96$225,451
Dec 2009033,46971.445.48$183,536
Nov 2009032,61774.593.75$122,363
Oct 200919736,39472.544.11$163,879
Sep 200919637,49865.543.06$127,768
Aug 200936735,90867.423.22$140,313
Jul 2009015,77461.133.46$54,649
Jun 200918925,79666.163.90$112,980
May 200918731,89154.743.93$135,432
Apr 200957545,41446.773.59$189,815
Mar 200951664,42042.144.06$283,225
Feb 200975760,93332.814.63$307,140
Jan 200976072,43935.865.37$416,323
Dec 200858667,36437.105.98$424,385
Nov 20081,15259,99655.496.86$475,519
Oct 200875863,34575.246.92$495,505
Sep 20081,34571,359101.767.88$698,968
Aug 20081,26875,118114.228.48$782,058
Jul 20081,34271,161131.0811.39$986,393
Jun 20081,32778,821131.3313.03$1,201,520
May 20081,34973,482123.1711.57$1,016,658
Apr 20081,87987,492110.3110.45$1,121,989
Mar 20083,324124,766101.909.66$1,544,463
Feb 20084,100121,51592.538.77$1,445,130
Jan 200803,30090.388.21$27,079

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 2026 — as filed, then multipliedworked
Condensate           102 bbl  × $ 89.75 =     $9,155
Gas                  478 Mcf  × $  3.15 =     $1,505

────────────────────────────────────────────────────
Month total                                  $10,660

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/237674 is the state's own key, not one this site invented.