LEITO 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 245081District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$180 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
CondensateDisposition3,211 bbl$249,298
GasProduction1,367,662 Mcf$4,933,909
Total$5,183,207

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 202604,014106.413.05$12,226
Apr 202603,64798.932.87$10,466
Mar 202603,94989.753.15$12,437
Feb 202603,56563.503.75$13,370
Jan 2026493,88459.138.00$33,961
Dec 202503,85456.664.41$17,009
Nov 202553,78458.593.93$15,151
Oct 202503,96159.383.30$13,090
Sep 202503,88762.743.08$11,960
Aug 202504,21263.933.01$12,698
Jul 202504,35866.743.32$14,448
Jun 202554,16466.483.13$13,360
May 202504,22260.553.23$13,647
Apr 202504,11162.363.54$14,566
Mar 202503,88767.704.27$16,591
Feb 202504,01370.884.34$17,420
Jan 202504,31574.324.28$18,463
Dec 202404,36268.993.12$13,615
Nov 202454,28569.052.20$9,766
Oct 202404,36871.372.28$9,965
Sep 202404,21769.612.36$9,971
Aug 202404,38675.632.06$9,051
Jul 202404,38679.932.15$9,415
Jun 202404,51378.082.63$11,887
May 202404,43778.812.20$9,754
Apr 202404,07484.451.66$6,760
Mar 202404,36080.301.55$6,737
Feb 202404,32576.091.78$7,714
Jan 202404,62373.023.30$15,245
Dec 202304,56171.262.61$11,907
Nov 202304,26277.892.81$11,966
Oct 202304,78285.443.09$14,763
Sep 202304,41189.042.74$12,064
Aug 202304,31280.522.67$11,525
Jul 202304,44774.852.64$11,748
Jun 202304,21168.962.26$9,510
May 202304,28070.622.23$9,533
Apr 202304,34278.122.24$9,716
Mar 202304,25672.852.39$10,185
Feb 202304,09975.112.47$10,107
Jan 202304,63676.533.39$15,705
Dec 202204,61376.415.73$26,428
Nov 202204,55385.005.65$25,707
Oct 202204,74287.185.86$27,806
Sep 202204,56484.888.16$37,259
Aug 202204,74394.529.13$43,290
Jul 202204,746101.587.54$35,795
Jun 202204,661115.097.98$37,182
May 202204,933109.378.43$41,600
Apr 202204,156104.226.84$28,417
Mar 202204,804108.885.08$24,387
Feb 202203,82391.054.86$18,575
Jan 202204,73281.844.54$21,472
Dec 202104,78871.323.90$18,669
Nov 202104,57777.435.24$23,969
Oct 202104,77879.795.71$27,301
Sep 202104,55669.865.35$24,379
Aug 202104,75366.024.22$20,060
Jul 202104,85270.783.98$19,321
Jun 202104,77369.493.38$16,136
May 202104,97263.483.02$15,004
Apr 202104,69360.362.76$12,945
Mar 202104,92161.302.72$13,370
Feb 202104,25557.805.55$23,607
Jan 20211814,84750.412.81$22,746
Dec 202004,65044.642.68$12,441
Nov 202004,65038.772.71$12,586
Oct 202005,01736.972.48$12,434
Sep 202005,04637.091.99$10,047
Aug 202005,15939.982.39$12,305
Jul 202005,33638.371.83$9,739
Jun 202005,07834.901.69$8,583
May 202005,26716.921.81$9,558
Apr 202005,05714.751.80$9,125
Mar 202005,34330.341.86$9,918
Feb 202005,02949.881.98$9,961
Jan 202005,46957.252.09$11,456
Dec 201905,37659.012.30$12,388
Nov 201905,23755.302.75$14,405
Oct 201905,32753.472.42$12,884
Sep 201905,40955.052.66$14,373
Aug 201905,66953.112.30$13,063
Jul 201905,23456.272.46$12,876
Jun 20191835,37952.782.49$23,059
May 201905,61758.482.74$15,392
Apr 201905,25762.632.75$14,460
Mar 201905,60256.803.06$17,154
Feb 201904,54450.852.79$12,688
Jan 201905,06546.033.23$16,351
Dec 201805,77346.594.19$24,163
Nov 201815,88252.934.24$24,976
Oct 201806,18361.443.40$21,010
Sep 201806,08059.543.11$18,897
Aug 201806,42759.403.07$19,709
Jul 201806,41465.142.93$18,805
Jun 201806,16060.183.08$18,954
May 201806,42465.382.90$18,635
Apr 201806,29963.842.90$18,272
Mar 201806,48561.222.79$18,073
Feb 201805,84861.782.77$16,176
Jan 201807,07362.874.01$28,358
Dec 201707,26957.272.92$21,237
Nov 201706,29555.423.12$19,630
Oct 201706,18149.292.98$18,442
Sep 201706,34947.523.09$19,601
Aug 201706,57645.373.00$19,757
Jul 2017406,80343.873.09$22,758
Jun 201706,47042.493.09$19,975
May 20171846,27045.373.26$28,810
Apr 201703,87647.933.21$12,448
Mar 201705,28746.772.98$15,775
Feb 201704,86250.452.95$14,356
Jan 201705,28049.413.42$18,051
Dec 201605,23348.763.72$19,482
Nov 201605,36742.492.64$14,192
Oct 201605,14946.193.09$15,912
Sep 201604,30441.553.10$13,345
Aug 201605,24941.442.92$15,350
Jul 201606,05041.622.92$17,692
Jun 201606,35745.352.69$17,074
May 201607,16942.521.99$14,274
Apr 201607,23136.561.99$14,397
Mar 2016049833.011.79$893
Feb 201606,66326.472.06$13,750
Jan 201606,85827.352.36$16,215
Dec 201506,77432.362.00$13,558
Nov 201506,55538.792.17$14,207
Oct 201506,84543.552.43$16,610
Sep 201506,83142.992.76$18,843
Aug 201507,22440.162.87$20,751
Jul 201506,11248.152.95$18,000
Jun 201506,12556.152.88$17,658
May 20151577,30355.212.96$30,252
Apr 201507,23149.822.71$19,571
Mar 201507,65642.892.93$22,468
Feb 201506,85344.662.98$20,396
Jan 201506,95243.433.10$21,556
Dec 201407,33154.693.59$26,328
Nov 201407,99670.464.25$33,998
Oct 201407,94278.303.90$30,981
Sep 201408,45986.164.05$34,220
Aug 201408,35589.394.04$33,713
Jul 201408,68696.564.18$36,304
Jun 20141948,41198.164.74$58,885
May 2014010,01894.734.73$47,351
Apr 201409,68695.944.81$46,581
Mar 201409,23495.895.06$46,694
Feb 201408,08097.406.19$50,031
Jan 201409,11990.404.86$44,325
Dec 201308,61291.824.35$37,501
Nov 201308,79088.853.74$32,859
Oct 201308,56197.423.78$32,355
Sep 201308,633104.113.72$32,095
Aug 20131848,609104.253.52$49,508
Jul 201309,194102.523.72$34,181
Jun 201309,64094.403.93$37,918
May 2013010,08394.834.15$41,835
Apr 201309,99093.964.28$42,783
Mar 2013010,31693.623.91$40,365
Feb 201309,13291.233.42$31,231
Jan 201309,94991.603.42$34,025
Dec 20121849,92386.773.42$49,904
Nov 2012010,09686.953.62$36,598
Oct 2012010,61989.383.40$36,101
Sep 2012010,57194.672.92$30,850
Aug 2012011,66192.662.91$33,912
Jul 2012010,80285.133.02$32,631
Jun 2012110,80379.822.52$27,293
May 201218310,80391.612.49$43,646
Apr 2012010,564101.652.00$21,094
Mar 201219211,027105.052.22$44,672
Feb 2012010,403101.102.57$26,738
Jan 2012010,59698.092.73$28,970
Dec 2011011,49896.873.24$37,251
Nov 2011011,09295.723.31$36,729
Oct 2011111,36284.983.65$41,540
Sep 20111789,64683.623.99$53,331
Aug 201108,41283.404.15$34,904
Jul 201109,23394.144.52$41,708
Jun 201109,63392.904.64$44,696
May 201109,89698.134.40$43,590
Apr 2011011,093105.964.33$48,069
Mar 201119012,08996.364.06$67,358
Feb 201109,72185.644.18$40,634
Jan 2011010,53486.504.59$48,338
Dec 201008,90185.734.35$38,699
Nov 201018710,90780.843.80$56,513
Oct 2010011,87878.103.51$41,679
Sep 2010012,01572.633.98$47,813
Aug 2010012,93373.684.42$57,156
Jul 201009,00172.554.74$42,633
Jun 201017513,97470.364.91$80,931
May 2010014,64171.124.24$62,008
Apr 201017614,90881.694.12$75,839
Mar 201018116,19878.394.39$85,276
Feb 2010016,46973.585.44$89,630
Jan 201019017,71774.365.96$119,794
Dec 200918518,73571.445.48$115,954
Nov 2009017,91374.593.75$67,201
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0

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                4,014 Mcf  × $  3.05 =    $12,226

────────────────────────────────────────────────────
Month total                                  $12,226

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/245081 is the state's own key, not one this site invented.