CHANDLER

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 239359District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Dec 2007 – Mar 2018
Value, last 12 filed months
$746
at the published price for each month
Months reported
124
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
CondensateDisposition617 bbl$52,234
GasProduction340,644 Mcf$1,849,988
Total$1,902,222

Every month this lease reported (124)

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

124 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 201717043.873.09$746
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 201623042.492.64$977
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 20160026.472.06$0
Jan 201601,40727.352.36$3,327
Dec 201501,67332.362.00$3,348
Nov 201501,80338.792.17$3,908
Oct 201501,72543.552.43$4,186
Sep 201501,33642.992.76$3,685
Aug 201501,42440.162.87$4,090
Jul 201501,49748.152.95$4,409
Jun 201501,41156.152.88$4,068
May 201501,51155.212.96$4,466
Apr 201501,41549.822.71$3,830
Mar 201501,64142.892.93$4,816
Feb 201501,50944.662.98$4,491
Jan 201501,33243.433.10$4,130
Dec 201402,18854.693.59$7,858
Nov 201402,05970.464.25$8,755
Oct 2014311,70978.303.90$9,094
Sep 201401,68886.164.05$6,829
Aug 201401,48489.394.04$5,988
Jul 201401,54696.564.18$6,462
Jun 201401,98198.164.74$9,384
May 201401,90894.734.73$9,018
Apr 201401,86195.944.81$8,950
Mar 201401,94295.895.06$9,820
Feb 201401,76697.406.19$10,935
Jan 201401,89390.404.86$9,201
Dec 201301,92891.824.35$8,395
Nov 201301,93388.853.74$7,226
Oct 201301,93997.423.78$7,328
Sep 201302,105104.113.72$7,826
Aug 201302,210104.253.52$7,785
Jul 201302,238102.523.72$8,320
Jun 2013622,26594.403.93$14,762
May 201302,19994.834.15$9,124
Apr 201302,27193.964.28$9,726
Mar 201302,45393.623.91$9,598
Feb 201302,05291.233.42$7,018
Jan 201302,29591.603.42$7,849
Dec 201202,19286.773.42$7,497
Nov 201202,71886.953.62$9,853
Oct 201204,51189.383.40$15,336
Sep 201203,75094.672.92$10,944
Aug 201204,66292.662.91$13,558
Jul 201202,82385.133.02$8,528
Jun 201204,33379.822.52$10,915
May 201264,56791.612.49$11,914
Apr 201204,591101.652.00$9,167
Mar 201204,519105.052.22$10,042
Feb 201202,693101.102.57$6,922
Jan 201202,88798.092.73$7,893
Dec 201102,94096.873.24$9,525
Nov 2011242,85295.723.31$11,741
Oct 201103,02284.983.65$11,026
Sep 201103,09883.623.99$12,348
Aug 201102,89783.404.15$12,021
Jul 201102,85394.144.52$12,888
Jun 201102,52092.904.64$11,693
May 201102,43398.134.40$10,717
Apr 201103,328105.964.33$14,421
Mar 2011243,04696.364.06$14,671
Feb 2011232,78885.644.18$13,624
Jan 201103,37686.504.59$15,492
Dec 201002,61285.734.35$11,356
Nov 201002,50680.843.80$9,511
Oct 201002,87778.103.51$10,095
Sep 201003,10572.633.98$12,356
Aug 201003,44873.684.42$15,238
Jul 201003,41572.554.74$16,175
Jun 201003,32370.364.91$16,317
May 201003,19371.124.24$13,523
Apr 2010353,07581.694.12$15,536
Mar 201003,61678.394.39$15,869
Feb 201002,20673.585.44$12,006
Jan 201002,40874.365.96$14,362
Dec 200903,13771.445.48$17,203
Nov 200903,48374.593.75$13,066
Oct 200902,66672.544.11$10,958
Sep 200902,98565.543.06$9,148
Aug 2009334,18467.423.22$15,691
Jul 200904,52661.133.46$15,680
Jun 200904,22266.163.90$16,445
May 200904,31354.743.93$16,932
Apr 2009434,07346.773.59$16,623
Mar 200904,28442.144.06$17,389
Feb 200904,07832.814.63$18,893
Jan 200904,82335.865.37$25,904
Dec 2008685,40437.105.98$34,823
Nov 200805,66355.496.86$38,850
Oct 200806,56575.246.92$45,443
Sep 2008386,130101.767.88$52,153
Aug 200805,742114.228.48$48,710
Jul 200806,013131.0811.39$68,485
Jun 2008527,140131.3313.03$99,882
May 2008577,771123.1711.57$96,965
Apr 200808,225110.3110.45$85,991
Mar 20082910,430101.909.66$103,751
Feb 2008528,35492.538.77$78,081
Jan 2008013,98090.388.21$114,716
Dec 2007019,66988.337.30$143,622

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            17 bbl  × $ 43.87 =       $746
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $746

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/239359 is the state's own key, not one this site invented.