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 237676District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Jan 2008 – May 2026
Value, last 12 filed months
$8 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 Gas112008-08-18181836
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
CondensateDisposition18,638 bbl$1,670,998
GasProduction1,779,213 Mcf$10,944,103
Total$12,615,101

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 33.1662, -97.6035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16620, -97.60348 · 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
7,511 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 7,511 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-497363603H7,511 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 202653089.753.15$4,757
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025017862.743.08$548
Aug 2025026863.933.01$808
Jul 2025026566.743.32$879
Jun 2025033466.483.13$1,045
May 2025049760.553.23$1,606
Apr 2025036662.363.54$1,297
Mar 2025034267.704.27$1,460
Feb 2025033770.884.34$1,463
Jan 2025048374.324.28$2,067
Dec 2024046268.993.12$1,442
Nov 2024037469.052.20$822
Oct 2024034771.372.28$792
Sep 2024031669.612.36$747
Aug 2024046275.632.06$953
Jul 2024046279.932.15$992
Jun 2024039478.082.63$1,038
May 2024047778.812.20$1,049
Apr 202410554084.451.66$9,763
Mar 2024056480.301.55$871
Feb 2024052576.091.78$936
Jan 2024053873.023.30$1,774
Dec 2023054171.262.61$1,412
Nov 2023045977.892.81$1,289
Oct 2023036285.443.09$1,118
Sep 2023043289.042.74$1,182
Aug 2023049780.522.67$1,328
Jul 2023035174.852.64$927
Jun 2023029868.962.26$673
May 2023041770.622.23$929
Apr 2023040878.122.24$913
Mar 2023055272.852.39$1,321
Feb 2023044575.112.47$1,097
Jan 2023053776.533.39$1,819
Dec 2022053976.415.73$3,088
Nov 2022054685.005.65$3,083
Oct 2022054487.185.86$3,190
Sep 2022055284.888.16$4,506
Aug 2022056394.529.13$5,139
Jul 20220563101.587.54$4,246
Jun 20220545115.097.98$4,348
May 2022164546109.378.43$22,541
Apr 20220485104.226.84$3,316
Mar 20220351108.885.08$1,782
Feb 2022025691.054.86$1,244
Jan 2022042881.844.54$1,942
Dec 202118656471.323.90$15,465
Nov 2021054677.435.24$2,859
Oct 2021056479.795.71$3,223
Sep 202118654669.865.35$15,916
Aug 2021056366.024.22$2,376
Jul 2021056470.783.98$2,246
Jun 2021053769.493.38$1,815
May 2021053963.483.02$1,627
Apr 2021046460.362.76$1,280
Mar 2021044261.302.72$1,201
Feb 2021039457.805.55$2,186
Jan 2021045450.412.81$1,276
Dec 2020046744.642.68$1,249
Nov 2020054638.772.71$1,478
Oct 2020056036.972.48$1,388
Sep 2020054437.091.99$1,083
Aug 2020054439.982.39$1,297
Jul 2020056438.371.83$1,029
Jun 202015654334.901.69$6,362
May 2020056416.921.81$1,024
Apr 2020042214.751.80$761
Mar 2020055830.341.86$1,036
Feb 2020052649.881.98$1,042
Jan 2020056057.252.09$1,173
Dec 2019056459.012.30$1,300
Nov 2019053555.302.75$1,472
Oct 2019056453.472.42$1,364
Sep 2019054655.052.66$1,451
Aug 2019056453.112.30$1,300
Jul 2019056356.272.46$1,385
Jun 2019052952.782.49$1,318
May 2019154958.482.74$1,563
Apr 2019033362.632.75$916
Mar 2019034756.803.06$1,063
Feb 2019042550.852.79$1,187
Jan 2019046746.033.23$1,508
Dec 2018047446.594.19$1,984
Nov 2018245952.934.24$2,051
Oct 2018046761.443.40$1,587
Sep 2018045659.543.11$1,417
Aug 2018044659.403.07$1,368
Jul 20185346265.142.93$4,807
Jun 2018041060.183.08$1,262
May 2018030465.382.90$882
Apr 2018016163.842.90$467
Mar 2018038461.222.79$1,070
Feb 2018041761.782.77$1,153
Jan 2018046162.874.01$1,848
Dec 2017073057.272.92$2,133
Nov 201701,57855.423.12$4,921
Oct 201701,16249.292.98$3,467
Sep 201714274447.523.09$9,045
Aug 2017079245.373.00$2,379
Jul 201701143.873.09$34
Jun 2017011542.493.09$355
May 201703545.373.26$114
Apr 2017044447.933.21$1,426
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017099149.413.42$3,388
Dec 2016099648.763.72$3,708
Nov 201601,33442.492.64$3,528
Oct 20161941,51246.193.09$13,633
Sep 201601,12541.553.10$3,488
Aug 201603,21041.442.92$9,387
Jul 201603,83241.622.92$11,206
Jun 201604,85445.352.69$13,037
May 201605,36842.521.99$10,688
Apr 201604,99936.561.99$9,953
Mar 201605,24033.011.79$9,401
Feb 201605,08826.472.06$10,500
Jan 20161516,29627.352.36$19,016
Dec 201506,16732.362.00$12,343
Nov 201502,69138.792.17$5,832
Oct 201506,46443.552.43$15,685
Sep 201501942.992.76$52
Aug 2015054240.162.87$1,557
Jul 201503,63948.152.95$10,717
Jun 201504,57856.152.88$13,198
May 201503,30255.212.96$9,759
Apr 201502,74649.822.71$7,432
Mar 20151744,23742.892.93$19,897
Feb 201506,82044.662.98$20,298
Jan 201504,07543.433.10$12,635
Dec 201405,43554.693.59$19,519
Nov 201404,76770.464.25$20,269
Oct 201405,99078.303.90$23,367
Sep 201406,76486.164.05$27,363
Aug 201405,90989.394.04$23,844
Jul 201407,13596.564.18$29,821
Jun 201409,50498.164.74$45,019
May 201406,08394.734.73$28,752
Apr 201405,01195.944.81$24,099
Mar 201405,76595.895.06$29,152
Feb 201404,59497.406.19$28,446
Jan 201403,62890.404.86$17,635
Dec 201304,04491.824.35$17,610
Nov 201307,17688.853.74$26,826
Oct 20131258,42697.423.78$44,022
Sep 201307,199104.113.72$26,764
Aug 20131937,989104.253.52$48,262
Jul 201307,495102.523.72$27,864
Jun 201306,53294.403.93$25,693
May 201306,15994.834.15$25,554
Apr 201307,08593.964.28$30,342
Mar 201308,60593.623.91$33,670
Feb 201309,16991.233.42$31,357
Jan 201309,58991.603.42$32,794
Dec 201207,96286.773.42$27,231
Nov 201206,84286.953.62$24,802
Oct 201207,64489.383.40$25,987
Sep 201205,47494.672.92$15,975
Aug 201205,39392.662.91$15,684
Jul 20123798,00785.133.02$56,452
Jun 201209,25079.822.52$23,301
May 201206,78191.612.49$16,873
Apr 201206,879101.652.00$13,736
Mar 20121817,698105.052.22$36,120
Feb 201206,532101.102.57$16,789
Jan 201205,81898.092.73$15,907
Dec 20111956,63996.873.24$40,398
Nov 201108,98195.723.31$29,739
Oct 201104,30884.983.65$15,718
Sep 201103,89083.623.99$15,505
Aug 201109,70883.404.15$40,282
Jul 201103,95694.144.52$17,870
Jun 201107,48892.904.64$34,743
May 201107,69198.134.40$33,877
Apr 20111906,334105.964.33$47,579
Mar 201104,60096.364.06$18,664
Feb 201106,72085.644.18$28,089
Jan 201108,45986.504.59$38,816
Dec 2010010,27585.734.35$44,673
Nov 201018710,86580.843.80$56,353
Oct 2010013,07378.103.51$45,872
Sep 2010011,66772.633.98$46,428
Aug 2010013,10873.684.42$57,929
Jul 2010019,81772.554.74$93,863
Jun 2010019,27670.364.91$94,653
May 201018920,44671.124.24$100,035
Apr 2010022,80281.694.12$94,006
Mar 201019022,80978.394.39$114,995
Feb 2010024,54673.585.44$133,588
Jan 201018812,18974.365.96$86,676
Dec 2009027,71771.445.48$151,993
Nov 200919227,62574.593.75$117,956
Oct 2009028,71972.544.11$118,042
Sep 200919030,69765.543.06$106,531
Aug 2009033,42767.423.22$107,585
Jul 2009023,18761.133.46$80,331
Jun 2009025,88966.163.90$100,838
May 200919031,65954.743.93$134,686
Apr 200919334,91146.773.59$134,270
Mar 200920136,60142.144.06$157,034
Feb 200920339,35132.814.63$188,974
Jan 200956640,43435.865.37$237,468
Dec 200855237,71037.105.98$245,877
Nov 200858243,71855.496.86$332,216
Oct 200838949,16675.246.92$369,594
Sep 200853647,534101.767.88$428,973
Aug 200845754,178114.228.48$511,792
Jul 200876356,261131.0811.39$740,795
Jun 200858549,937131.3313.03$727,638
May 20081,13070,347123.1711.57$953,399
Apr 20081,14571,126110.3110.45$869,917
Mar 20082,100101,945101.909.66$1,199,194
Feb 20085,080120,26192.538.77$1,524,811
Jan 2008033,88790.388.21$278,068

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            53 bbl  × $ 89.75 =     $4,757
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $4,757

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/237676 is the state's own key, not one this site invented.