CHANDLER UNIT

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 238956District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.6 M
Nov 2007 – Mar 2018
Value, last 12 filed months
$439
at the published price for each month
Months reported
125
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
CondensateDisposition553 bbl$50,236
GasProduction287,737 Mcf$1,577,058
Total$1,627,294

Every month this lease reported (125)

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

125 months

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 20170446.772.98$12
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201611042.492.64$467
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 20160233.011.79$4
Feb 20160026.472.06$0
Jan 201601,39627.352.36$3,301
Dec 201501,61432.362.00$3,230
Nov 201501,59638.792.17$3,459
Oct 201501,65143.552.43$4,006
Sep 201501,45342.992.76$4,008
Aug 201501,34740.162.87$3,869
Jul 201501,65548.152.95$4,874
Jun 201501,75656.152.88$5,062
May 201501,70855.212.96$5,048
Apr 201501,88549.822.71$5,102
Mar 201502,14042.892.93$6,280
Feb 201501,90844.662.98$5,679
Jan 201501,85743.433.10$5,758
Dec 201401,99154.693.59$7,150
Nov 201402,04270.464.25$8,682
Oct 2014112,30878.303.90$9,865
Sep 201402,27686.164.05$9,207
Aug 201402,60189.394.04$10,495
Jul 201402,31496.564.18$9,672
Jun 201401,82198.164.74$8,626
May 201401,86894.734.73$8,829
Apr 201401,93395.944.81$9,296
Mar 201402,00195.895.06$10,119
Feb 201401,88497.406.19$11,666
Jan 201402,96590.404.86$14,412
Dec 201303,46091.824.35$15,067
Nov 201302,20088.853.74$8,224
Oct 201301,31597.423.78$4,970
Sep 201301,265104.113.72$4,703
Aug 201301,716104.253.52$6,045
Jul 201301,573102.523.72$5,848
Jun 2013381,66594.403.93$10,136
May 201301,59094.834.15$6,597
Apr 201301,62293.964.28$6,946
Mar 201302,16093.623.91$8,452
Feb 201301,82591.233.42$6,241
Jan 201302,09591.603.42$7,165
Dec 201202,03086.773.42$6,943
Nov 201201,80186.953.62$6,529
Oct 201201,92189.383.40$6,531
Sep 201201,38894.672.92$4,051
Aug 201201,70792.662.91$4,964
Jul 201201,23585.133.02$3,731
Jun 201201,44079.822.52$3,627
May 201271,68691.612.49$4,837
Apr 201201,706101.652.00$3,407
Mar 201201,749105.052.22$3,886
Feb 201201,894101.102.57$4,868
Jan 201202,05998.092.73$5,629
Dec 201101,92496.873.24$6,233
Nov 2011281,80595.723.31$8,657
Oct 201102,00484.983.65$7,312
Sep 201101,82683.623.99$7,278
Aug 201102,16683.404.15$8,987
Jul 201101,81694.144.52$8,203
Jun 201101,74192.904.64$8,078
May 201101,69698.134.40$7,471
Apr 201101,912105.964.33$8,285
Mar 2011381,94396.364.06$11,545
Feb 2011391,60885.644.18$10,061
Jan 201101,71086.504.59$7,847
Dec 201001,77985.734.35$7,735
Nov 201002,03980.843.80$7,739
Oct 201001,98778.103.51$6,972
Sep 201002,10072.633.98$8,357
Aug 201001,99973.684.42$8,834
Jul 201003,19672.554.74$15,138
Jun 201006,76570.364.91$33,219
May 201007,02571.124.24$29,752
Apr 2010477,49781.694.12$34,747
Mar 201006,80578.394.39$29,865
Feb 201005,87173.585.44$31,952
Jan 201006,77374.365.96$40,395
Dec 200907,37271.445.48$40,426
Nov 200906,96074.593.75$26,110
Oct 200902,69972.544.11$11,094
Sep 200902,73765.543.06$8,388
Aug 200992967.423.22$700
Jul 2009081861.133.46$2,834
Jun 200903,06066.163.90$11,919
May 200903,14254.743.93$12,335
Apr 2009433,12646.773.59$13,226
Mar 200903,15742.144.06$12,814
Feb 200902,83832.814.63$13,148
Jan 200903,42035.865.37$18,369
Dec 2008293,90037.105.98$24,387
Nov 200804,03355.496.86$27,668
Oct 200805,53475.246.92$38,306
Sep 2008444,583101.767.88$40,578
Aug 200804,207114.228.48$35,688
Jul 200804,674131.0811.39$53,234
Jun 2008556,959131.3313.03$97,917
May 2008508,353123.1711.57$102,839
Apr 200807,055110.3110.45$73,759
Mar 2008508,368101.909.66$85,964
Feb 2008446,82092.538.77$63,887
Jan 200806,82390.388.21$55,988
Dec 200708,50888.337.30$62,125
Nov 200701,49791.677.29$10,916

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/238956 is the state's own key, not one this site invented.