MCRAE

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 238668District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Feb 2008 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
220
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 Gas112008-11-05186288
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
CondensateDisposition150 bbl$12,698
GasProduction1,052,259 Mcf$4,853,845
Total$4,866,543

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 33.1858, -97.3615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18582, -97.36155 · 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
7,952 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 7,952 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-1213326231H7,952 ftFeb 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 (220)

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

220 months

May 202602,948106.413.05$8,979
Apr 202602,44298.932.87$7,008
Mar 202602,73189.753.15$8,601
Feb 202602,36163.503.75$8,855
Jan 202602,15759.138.00$17,252
Dec 202502,60656.664.41$11,501
Nov 202503,13558.593.93$12,309
Oct 202502,06259.383.30$6,815
Sep 202502,30362.743.08$7,086
Aug 202502,28763.933.01$6,895
Jul 202502,04466.743.32$6,776
Jun 202502,09966.483.13$6,567
May 202502,28360.553.23$7,379
Apr 202502,74162.363.54$9,712
Mar 202502,62867.704.27$11,217
Feb 202502,49070.884.34$10,809
Jan 202505,38274.324.28$23,028
Dec 202402,74568.993.12$8,568
Nov 202404,80969.052.20$10,572
Oct 202404,51371.372.28$10,296
Sep 202409,48369.612.36$22,421
Aug 202402,88275.632.06$5,947
Jul 202402,88279.932.15$6,186
Jun 202402,88178.082.63$7,589
May 202402,92378.812.20$6,426
Apr 202402,91584.451.66$4,837
Mar 202402,89980.301.55$4,479
Feb 202402,74676.091.78$4,898
Jan 202402,00273.023.30$6,602
Dec 202302,78971.262.61$7,281
Nov 202302,73777.892.81$7,684
Oct 202302,91585.443.09$8,999
Sep 202302,30289.042.74$6,296
Aug 202302,81280.522.67$7,516
Jul 202303,03774.852.64$8,023
Jun 202301,78768.962.26$4,036
May 202301,84870.622.23$4,116
Apr 202301,95178.122.24$4,366
Mar 202301,81672.852.39$4,346
Feb 202301,89175.112.47$4,663
Jan 202302,11676.533.39$7,168
Dec 202203,12076.415.73$17,875
Nov 202202,55285.005.65$14,409
Oct 202202,84087.185.86$16,653
Sep 202202,56684.888.16$20,948
Aug 20220094.529.13$0
Jul 202203,769101.587.54$28,426
Jun 202203,362115.097.98$26,819
May 202203,131109.378.43$26,404
Apr 202202,464104.226.84$16,848
Mar 20224570108.885.08$5,255
Feb 202202,94391.054.86$14,300
Jan 2022011,03281.844.54$50,060
Dec 2021060671.323.90$2,363
Nov 202101,59277.435.24$8,337
Oct 202102,59079.795.71$14,799
Sep 202103,45269.865.35$18,471
Aug 202102,77666.024.22$11,716
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 202002,21837.091.99$4,416
Aug 202004,10439.982.39$9,788
Jul 202003,63438.371.83$6,632
Jun 202003,38734.901.69$5,725
May 202004,56016.921.81$8,275
Apr 202002,60114.751.80$4,693
Mar 202005,88930.341.86$10,931
Feb 2020165,03649.881.98$10,773
Jan 2020011,59357.252.09$24,284
Dec 20191512,13359.012.30$28,844
Nov 2019012,36455.302.75$34,010
Oct 2019012,92853.472.42$31,267
Sep 2019015,52055.052.66$41,241
Aug 2019017,61953.112.30$40,601
Jul 2019011,59456.272.46$28,522
Jun 201909,37452.782.49$23,353
May 201907,84458.482.74$21,495
Apr 201907,72262.632.75$21,241
Mar 201938,05056.803.06$24,820
Feb 201908,02350.852.79$22,402
Jan 201909,53546.033.23$30,781
Dec 201805,76446.594.19$24,125
Nov 20180052.934.24$0
Oct 2018053061.443.40$1,801
Sep 201802,02659.543.11$6,297
Aug 201802,04759.403.07$6,277
Jul 201806465.142.93$188
Jun 201802,32360.183.08$7,148
May 201803,92265.382.90$11,377
Apr 201805,03063.842.90$14,591
Mar 201805,63661.222.79$15,707
Feb 201805,73861.782.77$15,872
Jan 201804,52062.874.01$18,122
Dec 201701,82157.272.92$5,320
Nov 201701,61655.423.12$5,039
Oct 201702,56049.292.98$7,638
Sep 201703,85147.523.09$11,889
Aug 201705,74545.373.00$17,260
Jul 201701,62543.873.09$5,017
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 201705349.413.42$181
Dec 20160048.763.72$0
Nov 201601542.492.64$40
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201609245.352.69$247
May 201612,80742.521.99$5,631
Apr 201605,58736.561.99$11,124
Mar 201606,01833.011.79$10,796
Feb 201602,22026.472.06$4,581
Jan 2016048027.352.36$1,135
Dec 201503,65732.362.00$7,319
Nov 201504,41938.792.17$9,577
Oct 201503,71543.552.43$9,015
Sep 201501,43842.992.76$3,967
Aug 201501,42840.162.87$4,102
Jul 201502,51348.152.95$7,401
Jun 201504,59856.152.88$13,255
May 201504,41055.212.96$13,034
Apr 201503,88549.822.71$10,515
Mar 201504,41242.892.93$12,948
Feb 201501,91444.662.98$5,696
Jan 201502,85643.433.10$8,855
Dec 2014014254.693.59$510
Nov 2014028470.464.25$1,208
Oct 201442,87878.303.90$11,540
Sep 201442,98186.164.05$12,404
Aug 20140089.394.04$0
Jul 2014037396.564.18$1,559
Jun 201401,18498.164.74$5,608
May 201403,47694.734.73$16,430
Apr 201403,97695.944.81$19,121
Mar 2014124,16095.895.06$22,187
Feb 201401,05497.406.19$6,526
Jan 201402,19590.404.86$10,669
Dec 201303,24691.824.35$14,135
Nov 201304,23488.853.74$15,828
Oct 201304,61097.423.78$17,423
Sep 201304,357104.113.72$16,198
Aug 201304,468104.253.52$15,739
Jul 201304,692102.523.72$17,444
Jun 201394,46694.403.93$18,416
May 201304,83394.834.15$20,053
Apr 201304,53593.964.28$19,422
Mar 201304,89293.623.91$19,142
Feb 201304,64991.233.42$15,899
Jan 201304,26591.603.42$14,586
Dec 201204,65986.773.42$15,935
Nov 201205,76286.953.62$20,887
Oct 201205,30289.383.40$18,025
Sep 201202,90894.672.92$8,487
Aug 201202,80992.662.91$8,169
Jul 201202,26985.133.02$6,854
Jun 201204,84679.822.52$12,207
May 201205,66491.612.49$14,094
Apr 201205,671101.652.00$11,324
Mar 201206,060105.052.22$13,466
Feb 201205,308101.102.57$13,643
Jan 201285,60998.092.73$16,120
Dec 201105,62796.873.24$18,230
Nov 201105,67895.723.31$18,801
Oct 201175,52884.983.65$20,764
Sep 201104,68583.623.99$18,673
Aug 201115,58983.404.15$23,274
Jul 201106,01294.144.52$27,158
Jun 201105,75992.904.64$26,721
May 201106,82098.134.40$30,041
Apr 201106,928105.964.33$30,021
Mar 201108,02796.364.06$32,568
Feb 201116,01785.644.18$25,237
Jan 201116,72686.504.59$30,951
Dec 201016,57985.734.35$28,690
Nov 201016,54280.843.80$24,910
Oct 201016,91378.103.51$24,335
Sep 201016,40072.633.98$25,541
Aug 201026,90673.684.42$30,667
Jul 201017,16372.554.74$34,000
Jun 201017,22870.364.91$35,563
May 201017,83571.124.24$33,254
Apr 201017,43781.694.12$30,742
Mar 201018,40578.394.39$36,965
Feb 201015,98673.585.44$32,652
Jan 201018,20674.365.96$49,016
Dec 200917,83571.445.48$43,037
Nov 200917,81574.593.75$29,393
Oct 200918,21472.544.11$33,834
Sep 200918,38865.543.06$25,773
Aug 200919,66767.423.22$31,181
Jul 200919,50861.133.46$33,002
Jun 200919,58166.163.90$37,384
May 200919,78954.743.93$38,484
Apr 2009110,26246.773.59$36,862
Mar 2009110,78742.144.06$43,827
Feb 2009010,79832.814.63$50,027
Jan 2009011,76435.865.37$63,184
Dec 2008011,03037.105.98$65,928
Nov 200809,94355.496.86$68,213
Oct 2008010,01575.246.92$69,324
Sep 2008011,803101.767.88$92,973
Aug 2008010,081114.228.48$85,517
Jul 2008011,971131.0811.39$136,343
Jun 2008017,702131.3313.03$230,704
May 2008021,514123.1711.57$249,009
Apr 2008024,984110.3110.45$261,204
Mar 2008032,456101.909.66$313,657
Feb 2008032,23192.538.77$282,685

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,948 Mcf  × $  3.05 =     $8,979

────────────────────────────────────────────────────
Month total                                   $8,979

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/238668 is the state's own key, not one this site invented.