RED OAK

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 244366District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.5 M
Oct 2008 – May 2026
Value, last 12 filed months
$235 k
at the published price for each month
Months reported
212
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
CondensateDisposition2,932 bbl$184,357
GasProduction2,400,044 Mcf$9,319,659
Total$9,504,017

Every month this lease reported (212)

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

212 months

May 202605,829106.413.05$17,754
Apr 202605,71398.932.87$16,395
Mar 202605,74289.753.15$18,084
Feb 202605,68263.503.75$21,309
Jan 202605,65059.138.00$45,188
Dec 202504,97556.664.41$21,956
Nov 202505,17458.593.93$20,315
Oct 202505,74859.383.30$18,996
Sep 202505,69462.743.08$17,520
Aug 202505,92163.933.01$17,850
Jul 202504,74566.743.32$15,731
Jun 202501,35366.483.13$4,233
May 2025072960.553.23$2,356
Apr 202501,76062.363.54$6,236
Mar 202501,85567.704.27$7,918
Feb 202501,66270.884.34$7,214
Jan 202503,34174.324.28$14,295
Dec 202403,10668.993.12$9,695
Nov 202402,16469.052.20$4,757
Oct 2024942,53571.372.28$12,492
Sep 2024025669.612.36$605
Aug 202404,08575.632.06$8,430
Jul 202404,08579.932.15$8,769
Jun 202403,27078.082.63$8,613
May 202402,31878.812.20$5,096
Apr 202402,31484.451.66$3,839
Mar 202402,98580.301.55$4,612
Feb 202402,84176.091.78$5,067
Jan 202402,94273.023.30$9,702
Dec 202302,72371.262.61$7,109
Nov 202302,81877.892.81$7,912
Oct 202303,43485.443.09$10,602
Sep 202302,93889.042.74$8,036
Aug 202304,60880.522.67$12,317
Jul 2023774,34474.852.64$17,239
Jun 202302,06468.962.26$4,662
May 202303,46670.622.23$7,720
Apr 202303,11578.122.24$6,971
Mar 2023010972.852.39$261
Feb 2023038875.112.47$957
Jan 202303,53176.533.39$11,962
Dec 202202,97976.415.73$17,067
Nov 202202,82085.005.65$15,922
Oct 202204,49087.185.86$26,328
Sep 202204,32284.888.16$35,283
Aug 202204,65194.529.13$42,450
Jul 202205,688101.587.54$42,899
Jun 202205,636115.097.98$44,960
May 202206,286109.378.43$53,010
Apr 202205,795104.226.84$39,624
Mar 202205,167108.885.08$26,230
Feb 202205,57291.054.86$27,073
Jan 202206,13681.844.54$27,843
Dec 202106,19471.323.90$24,151
Nov 202106,20177.435.24$32,474
Oct 202105,59079.795.71$31,941
Sep 202106,40669.865.35$34,278
Aug 202106,48966.024.22$27,387
Jul 202106,91570.783.98$27,536
Jun 202106,64569.493.38$22,464
May 202107,12663.483.02$21,504
Apr 202107,06560.362.76$19,488
Mar 202106,79761.302.72$18,467
Feb 202106,06957.805.55$33,671
Jan 202106,67550.412.81$18,759
Dec 202006,80744.642.68$18,212
Nov 202004,60038.772.71$12,450
Oct 202006,40736.972.48$15,879
Sep 202006,22037.091.99$12,384
Aug 202006,56339.982.39$15,653
Jul 202006,18238.371.83$11,283
Jun 2020936,66334.901.69$14,508
May 202007,20516.921.81$13,075
Apr 202007,11814.751.80$12,844
Mar 202007,57230.341.86$14,055
Feb 202006,97549.881.98$13,815
Jan 202007,68957.252.09$16,106
Dec 201907,58459.012.30$17,476
Nov 201907,00155.302.75$19,258
Oct 201907,49353.472.42$18,122
Sep 201906,23855.052.66$16,576
Aug 201908,31853.112.30$19,168
Jul 201908,65556.272.46$21,292
Jun 201908,82552.782.49$21,985
May 201908,90858.482.74$24,411
Apr 201908,71362.632.75$23,967
Mar 201909,26456.803.06$28,367
Feb 201908,21850.852.79$22,946
Jan 201909,05946.033.23$29,244
Dec 201809,34246.594.19$39,100
Nov 201808,79352.934.24$37,258
Oct 201809,54961.443.40$32,448
Sep 201809,37759.543.11$29,144
Aug 201809,66559.403.07$29,638
Jul 2018010,05965.142.93$29,492
Jun 201809,38860.183.08$28,886
May 201809,21765.382.90$26,737
Apr 201808,77063.842.90$25,440
Mar 201809,46861.222.79$26,386
Feb 201808,67761.782.77$24,002
Jan 201809,48762.874.01$38,036
Dec 201709,88657.272.92$28,882
Nov 201709,55655.423.12$29,799
Oct 201709,91449.292.98$29,580
Sep 201709,84147.523.09$30,382
Aug 2017010,18445.373.00$30,597
Jul 201710410,43943.873.09$36,791
Jun 2017010,00742.493.09$30,894
May 2017010,65745.373.26$34,778
Apr 2017010,82147.933.21$34,753
Mar 2017011,39646.772.98$34,002
Feb 2017010,48450.452.95$30,955
Jan 2017011,33049.413.42$38,735
Dec 2016011,77148.763.72$43,821
Nov 2016011,05142.492.64$29,223
Oct 2016011,49746.193.09$35,529
Sep 2016010,85741.553.10$33,664
Aug 2016011,75241.442.92$34,367
Jul 2016011,78841.622.92$34,472
Jun 2016011,60945.352.69$31,180
May 2016011,76042.521.99$23,415
Apr 2016011,68136.561.99$23,257
Mar 201619411,58133.011.79$27,180
Feb 2016011,56226.472.06$23,860
Jan 2016012,13527.352.36$28,692
Dec 2015011,75632.362.00$23,529
Nov 2015010,92138.792.17$23,669
Oct 2015011,14043.552.43$27,032
Sep 201509,84042.992.76$27,143
Aug 201508,11040.162.87$23,296
Jul 201509,80048.152.95$28,862
Jun 201509,24756.152.88$26,658
May 201509,90855.212.96$29,283
Apr 2015010,54949.822.71$28,552
Mar 2015010,87042.892.93$31,900
Feb 201509,15844.662.98$27,256
Jan 201509,96843.433.10$30,907
Dec 201409,80954.693.59$35,228
Nov 201409,97370.464.25$42,404
Oct 2014011,53178.303.90$44,982
Sep 2014011,90986.164.05$48,177
Aug 2014012,11689.394.04$48,890
Jul 2014011,85796.564.18$49,558
Jun 2014011,02398.164.74$52,215
May 2014011,45894.734.73$54,157
Apr 2014013,71695.944.81$65,962
Mar 2014014,45295.895.06$73,081
Feb 2014014,56597.406.19$90,186
Jan 2014014,69790.404.86$71,438
Dec 2013015,17491.824.35$66,075
Nov 2013014,01288.853.74$52,381
Oct 2013015,63797.423.78$59,098
Sep 2013015,526104.113.72$57,722
Aug 2013016,610104.253.52$58,511
Jul 2013012,974102.523.72$48,234
Jun 2013014,18894.403.93$55,807
May 201307,54094.834.15$31,284
Apr 201308,59893.964.28$36,822
Mar 2013012,11093.623.91$47,385
Feb 201306,36791.233.42$21,775
Jan 20130091.603.42$0
Dec 201208,57786.773.42$29,335
Nov 2012019,45786.953.62$70,531
Oct 2012024,34489.383.40$82,762
Sep 2012010,74594.672.92$31,358
Aug 2012010,39692.662.91$30,233
Jul 2012011,85885.133.02$35,821
Jun 2012010,94079.822.52$27,558
May 201219511,10191.612.49$45,487
Apr 201219512,661101.652.00$45,103
Mar 2012013,223105.052.22$29,383
Feb 201209,108101.102.57$23,410
Jan 2012013,97198.092.73$38,198
Dec 201119914,86896.873.24$67,446
Nov 2011014,84695.723.31$49,159
Oct 2011016,50384.983.65$60,212
Sep 2011016,51883.623.99$65,837
Aug 2011016,93683.404.15$70,273
Jul 2011017,33894.144.52$78,320
Jun 2011016,25492.904.64$75,417
May 2011016,58898.134.40$73,067
Apr 2011015,415105.964.33$66,798
Mar 2011017,34996.364.06$70,391
Feb 20118614,94985.644.18$69,852
Jan 2011018,89586.504.59$86,705
Dec 2010019,22585.734.35$83,585
Nov 2010019,12880.843.80$72,597
Oct 20106320,05978.103.51$75,305
Sep 2010017,74372.633.98$70,608
Aug 2010017,37573.684.42$76,786
Jul 2010017,02872.554.74$80,653
Jun 2010015,78770.364.91$77,520
May 2010015,90171.124.24$67,344
Apr 2010010,21181.694.12$42,097
Mar 2010026,74778.394.39$117,384
Feb 2010024,79273.585.44$134,927
Jan 2010026,76474.365.96$159,623
Dec 200913927,85871.445.48$162,696
Nov 200919427,82374.593.75$118,848
Oct 2009030,92072.544.11$127,089
Sep 2009030,44065.543.06$93,291
Aug 200918733,73267.423.22$121,174
Jul 200910134,84361.133.46$126,888
Jun 20099936,16966.163.90$147,428
May 200910838,16254.743.93$155,726
Apr 200920039,31446.773.59$150,393
Mar 200920241,41942.144.06$176,632
Feb 2009042,77532.814.63$198,177
Jan 2009020,50735.865.37$110,143
Dec 200840257,21837.105.98$356,914
Nov 2008069,73955.496.86$478,435
Oct 2008049,06275.246.92$339,606

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                5,829 Mcf  × $  3.05 =    $17,754

────────────────────────────────────────────────────
Month total                                  $17,754

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/244366 is the state's own key, not one this site invented.