MDC TRUST

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 240119District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.8 M
Feb 2008 – Nov 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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
CondensateDisposition2,133 bbl$191,428
GasProduction307,510 Mcf$1,578,880
Total$1,770,308

Every month this lease reported (130)

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

130 months

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 201727043.873.09$1,184
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 2016135042.492.64$5,736
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 201601,31527.352.36$3,109
Dec 201501,78332.362.00$3,569
Nov 201501,83238.792.17$3,971
Oct 201501,63743.552.43$3,972
Sep 201501,79342.992.76$4,946
Aug 201501,91140.162.87$5,489
Jul 201501,98248.152.95$5,837
Jun 201502,28456.152.88$6,584
May 201502,21055.212.96$6,532
Apr 201502,12749.822.71$5,757
Mar 201502,83942.892.93$8,332
Feb 201502,84544.662.98$8,467
Jan 201503,22943.433.10$10,012
Dec 201402,43554.693.59$8,745
Nov 201402,12270.464.25$9,022
Oct 201402,36078.303.90$9,206
Sep 201402,33586.164.05$9,446
Aug 201402,58689.394.04$10,435
Jul 201402,61896.564.18$10,942
Jun 201402,77598.164.74$13,145
May 201402,51694.734.73$11,892
Apr 201401,58595.944.81$7,622
Mar 20141631,38095.895.06$22,608
Feb 201402,39097.406.19$14,799
Jan 201402,02290.404.86$9,828
Dec 201302,91091.824.35$12,672
Nov 201302,95688.853.74$11,050
Oct 201302,92397.423.78$11,047
Sep 201303,135104.113.72$11,655
Aug 201302,310104.253.52$8,137
Jul 201302,726102.523.72$10,135
Jun 201302,61394.403.93$10,278
May 201302,83894.834.15$11,775
Apr 201303,01993.964.28$12,929
Mar 201303,48893.623.91$13,648
Feb 201303,04091.233.42$10,397
Jan 201303,08491.603.42$10,547
Dec 201202,89286.773.42$9,891
Nov 201203,51786.953.62$12,749
Oct 201203,68989.383.40$12,541
Sep 201203,59294.672.92$10,483
Aug 20121373,46992.662.91$22,783
Jul 201202,72485.133.02$8,229
Jun 2012097079.822.52$2,443
May 201202,31191.612.49$5,751
Apr 201202,270101.652.00$4,533
Mar 201202,412105.052.22$5,360
Feb 201202,161101.102.57$5,554
Jan 201202,38898.092.73$6,529
Dec 201102,40696.873.24$7,795
Nov 201102,42195.723.31$8,017
Oct 201102,51584.983.65$9,176
Sep 201102,40683.623.99$9,590
Aug 201102,36983.404.15$9,830
Jul 201102,40994.144.52$10,882
Jun 201102,25192.904.64$10,444
May 201102,33198.134.40$10,268
Apr 201102,463105.964.33$10,673
Mar 20111122,62196.364.06$21,427
Feb 201102,20285.644.18$9,204
Jan 201102,91986.504.59$13,395
Dec 201002,98585.734.35$12,978
Nov 201002,70480.843.80$10,263
Oct 201002,83878.103.51$9,958
Sep 201002,57472.633.98$10,243
Aug 201003,15473.684.42$13,939
Jul 201003,27972.554.74$15,531
Jun 201003,25370.364.91$15,974
May 201003,68571.124.24$15,607
Apr 2010883,34281.694.12$20,967
Mar 20101833,55178.394.39$29,930
Feb 201003,18673.585.44$17,339
Jan 201003,24974.365.96$19,377
Dec 200903,42671.445.48$18,787
Nov 200904,26774.593.75$16,008
Oct 200904,33872.544.11$17,830
Sep 200904,09965.543.06$12,562
Aug 200904,01667.423.22$12,926
Jul 200904,37461.133.46$15,154
Jun 200903,59666.163.90$14,006
May 200905,78354.743.93$22,703
Apr 20091775,64746.773.59$28,537
Mar 200902,75642.144.06$11,187
Feb 200903,13832.814.63$14,538
Jan 200903,59335.865.37$19,298
Dec 200802,69237.105.98$16,090
Nov 20081863,66055.496.86$35,430
Oct 200804,58175.246.92$31,710
Sep 200804,252101.767.88$33,493
Aug 200804,802114.228.48$40,735
Jul 20081926,179131.0811.39$95,543
Jun 200806,222131.3313.03$81,089
May 20081817,251123.1711.57$106,219
Apr 20081848,373110.3110.45$107,836
Mar 200836813,235101.909.66$165,403
Feb 200807,76592.538.77$68,104

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            27 bbl  × $ 43.87 =     $1,184
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $1,184

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/240119 is the state's own key, not one this site invented.