KLEMENT

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 238566District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Mar 2008 – Jan 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
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 Gas112008-09-25183978
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
CondensateDisposition2,409 bbl$208,730
GasProduction370,317 Mcf$2,867,224
Total$3,075,954

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 33.1834, -97.5265. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18338, -97.52649 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,643 ft
1 wells filed one
Completion to plug
12.8 years
median over 1 well

What the state filed about each well

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

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 7,643 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
Jan 2021
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497363842H7,643 ftMar 2008Jan 2021Yes

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 (155)

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

155 months

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 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201710043.873.09$439
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201697026.472.06$2,568
Jan 20160027.352.36$0
Dec 20150932.362.00$18
Nov 20150038.792.17$0
Oct 20150843.552.43$19
Sep 20150042.992.76$0
Aug 20150340.162.87$9
Jul 20150448.152.95$12
Jun 201502656.152.88$75
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201502944.662.98$86
Jan 20150143.433.10$3
Dec 20140154.693.59$4
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201404398.164.74$204
May 2014064494.734.73$3,044
Apr 201415863495.944.81$18,208
Mar 2014064995.895.06$3,282
Feb 2014056597.406.19$3,498
Jan 2014067090.404.86$3,257
Dec 2013034091.824.35$1,481
Nov 2013033188.853.74$1,237
Oct 2013034397.423.78$1,296
Sep 20130332104.113.72$1,234
Aug 20130343104.253.52$1,208
Jul 20130343102.523.72$1,275
Jun 2013033294.403.93$1,306
May 2013034394.834.15$1,423
Apr 2013033293.964.28$1,422
Mar 2013070093.623.91$2,739
Feb 2013068691.233.42$2,346
Jan 2013092691.603.42$3,167
Dec 2012094586.773.42$3,232
Nov 2012033286.953.62$1,203
Oct 2012034389.383.40$1,166
Sep 2012033294.672.92$969
Aug 201201,72592.662.91$5,017
Jul 201201885.133.02$54
Jun 20120179.822.52$3
May 201201,25191.612.49$3,113
Apr 20120748101.652.00$1,494
Mar 201201,405105.052.22$3,122
Feb 20121954,318101.102.57$30,813
Jan 201205,63498.092.73$15,404
Dec 201101,92096.873.24$6,220
Nov 201106,01195.723.31$19,904
Oct 201101,39884.983.65$5,101
Sep 201108,42283.623.99$33,568
Aug 201102,88783.404.15$11,979
Jul 20110094.144.52$0
Jun 2011183392.904.64$17,015
May 201103998.134.40$172
Apr 201109,146105.964.33$39,632
Mar 201106,21596.364.06$25,216
Feb 20110085.644.18$0
Jan 201108,62986.504.59$39,597
Dec 2010576,91285.734.35$34,938
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201005,15472.633.98$20,510
Aug 20100073.684.42$0
Jul 201001,00372.554.74$4,751
Jun 20101813,67270.364.91$30,766
May 201002,50371.124.24$10,601
Apr 201006281.694.12$256
Mar 201003,79778.394.39$16,664
Feb 20100073.585.44$0
Jan 201009874.365.96$584
Dec 20090071.445.48$0
Nov 2009194074.593.75$14,470
Oct 200904,40772.544.11$18,114
Sep 200909,60465.543.06$29,434
Aug 200901567.423.22$48
Jul 200902,85161.133.46$9,877
Jun 200908,40166.163.90$32,722
May 20090054.743.93$0
Apr 200904,14846.773.59$14,881
Mar 20091010,06242.144.06$41,263
Feb 200955132.814.63$400
Jan 2009183135.865.37$6,568
Dec 20080037.105.98$0
Nov 200817815,19155.496.86$114,093
Oct 2008226,28875.246.92$182,115
Sep 200838513,441101.767.88$145,054
Aug 2008024,201114.228.48$205,298
Jul 2008013,389131.0811.39$152,493
Jun 2008018,683131.3313.03$243,489
May 200818853,306123.1711.57$640,135
Apr 200838353,841110.3110.45$605,149
Mar 2008018,877101.909.66$182,429

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.

Jul 2017 — as filed, then multipliedworked
Condensate            10 bbl  × $ 43.87 =       $439
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $439

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/238566 is the state's own key, not one this site invented.