MCRAE

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 245223District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Aug 2008 – May 2026
Value, last 12 filed months
$192 k
at the published price for each month
Months reported
214
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-05-01190975
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition92 bbl$7,758
GasProduction1,740,127 Mcf$7,239,863
Total$7,247,622

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.1996, -97.3729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19960, -97.37292 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,994 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,994 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-1213350544H7,994 ftSep 2008

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (214)

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

214 months

May 202604,940106.413.05$15,046
Apr 202604,29398.932.87$12,320
Mar 202604,98689.753.15$15,703
Feb 202604,36663.503.75$16,374
Jan 202602,99659.138.00$23,962
Dec 202504,40256.664.41$19,428
Nov 202504,57358.593.93$17,956
Oct 202504,44559.383.30$14,690
Sep 202504,16462.743.08$12,812
Aug 202504,49563.933.01$13,551
Jul 202504,61766.743.32$15,306
Jun 202504,76766.483.13$14,915
May 202504,94060.553.23$15,968
Apr 202504,77162.363.54$16,904
Mar 202505,01167.704.27$21,389
Feb 202503,77470.884.34$16,382
Jan 202508,99274.324.28$38,474
Dec 202404,20668.993.12$13,128
Nov 202409,29269.052.20$20,428
Oct 202406,68671.372.28$15,253
Sep 2024010,06969.612.36$23,807
Aug 202405,25275.632.06$10,838
Jul 202405,25279.932.15$11,274
Jun 202405,28478.082.63$13,918
May 202405,34078.812.20$11,740
Apr 202405,37484.451.66$8,917
Mar 202405,55480.301.55$8,582
Feb 202405,22876.091.78$9,325
Jan 202403,69073.023.30$12,168
Dec 202305,31271.262.61$13,868
Nov 202305,21577.892.81$14,641
Oct 202305,13685.443.09$15,856
Sep 202304,29289.042.74$11,739
Aug 202305,53280.522.67$14,786
Jul 202304,42674.852.64$11,693
Jun 202303,95068.962.26$8,921
May 202305,02770.622.23$11,197
Apr 202305,52078.122.24$12,352
Mar 202305,57872.852.39$13,349
Feb 202304,80775.112.47$11,853
Jan 202306,80376.533.39$23,047
Dec 202206,46876.415.73$37,056
Nov 202206,66385.005.65$37,621
Oct 202206,55087.185.86$38,408
Sep 202206,78884.888.16$55,415
Aug 202207,81694.529.13$71,338
Jul 202209,214101.587.54$69,493
Jun 202209,482115.097.98$75,640
May 202208,028109.378.43$67,700
Apr 202207,474104.226.84$51,104
Mar 202225513108.885.08$5,326
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021090677.435.24$4,745
Oct 20210079.795.71$0
Sep 2021077069.865.35$4,120
Aug 202102,11666.024.22$8,931
Jul 202106,22070.783.98$24,769
Jun 202105,93969.493.38$20,078
May 202106,39463.483.02$19,295
Apr 202106,07060.362.76$16,744
Mar 202107,30761.302.72$19,853
Feb 202105,94557.805.55$32,983
Jan 202106,58150.412.81$18,494
Dec 202005,14644.642.68$13,768
Nov 202007,51738.772.71$20,345
Oct 202006,49836.972.48$16,105
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202002,92214.751.80$5,272
Mar 2020011,35130.341.86$21,070
Feb 202001,33749.881.98$2,648
Jan 202001,97957.252.09$4,145
Dec 2019010,65059.012.30$24,541
Nov 2019015,39455.302.75$42,344
Oct 2019011,41953.472.42$27,617
Sep 2019013,19855.052.66$35,071
Aug 2019014,77453.112.30$34,045
Jul 2019014,62556.272.46$35,978
Jun 2019010,00452.782.49$24,922
May 2019015,69958.482.74$43,020
Apr 2019017,37362.632.75$47,788
Mar 2019013,73556.803.06$42,058
Feb 2019014,19550.852.79$39,636
Jan 2019016,67346.033.23$53,823
Dec 201801,09546.594.19$4,583
Nov 201805,57652.934.24$23,627
Oct 201806,85261.443.40$23,284
Sep 201807,20259.543.11$22,384
Aug 201806,77359.403.07$20,770
Jul 201806,19365.142.93$18,157
Jun 201806,02760.183.08$18,545
May 201806,80965.382.90$19,752
Apr 201808,22663.842.90$23,862
Mar 201808,62661.222.79$24,039
Feb 201808,91661.782.77$24,663
Jan 201806,66762.874.01$26,730
Dec 201707,86057.272.92$22,963
Nov 201707,94455.423.12$24,772
Oct 201706,12449.292.98$18,272
Sep 201707,75947.523.09$23,954
Aug 201702745.373.00$81
Jul 201703,55443.873.09$10,972
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150448.152.95$12
Jun 20150056.152.88$0
May 20150255.212.96$6
Apr 201506149.822.71$165
Mar 2015053842.892.93$1,579
Feb 2015041944.662.98$1,247
Jan 2015051643.433.10$1,600
Dec 2014057554.693.59$2,065
Nov 2014445570.464.25$2,216
Oct 2014066278.303.90$2,582
Sep 2014272986.164.05$3,121
Aug 2014231089.394.04$1,430
Jul 2014031096.564.18$1,296
Jun 201402,40898.164.74$11,406
May 201406,75294.734.73$31,914
Apr 201405,92595.944.81$28,494
Mar 201486,07295.895.06$31,472
Feb 201405,37197.406.19$33,257
Jan 201407,42890.404.86$36,105
Dec 201305,96791.824.35$25,983
Nov 201306,97788.853.74$26,082
Oct 201306,06997.423.78$22,937
Sep 201306,708104.113.72$24,939
Aug 201308,530104.253.52$30,048
Jul 201308,500102.523.72$31,601
Jun 201309,06194.403.93$35,641
May 201309,56294.834.15$39,674
Apr 201309,01393.964.28$38,599
Mar 201309,14993.623.91$35,799
Feb 201308,20791.233.42$28,067
Jan 201308,90391.603.42$30,447
Dec 201208,20186.773.42$28,049
Nov 201208,54986.953.62$30,990
Oct 201208,72489.383.40$29,659
Sep 201202,62294.672.92$7,652
Aug 201204,28392.662.91$12,456
Jul 201206,04085.133.02$18,246
Jun 201208,92579.822.52$22,482
May 2012012,01891.612.49$29,905
Apr 2012011,419101.652.00$22,801
Mar 2012012,454105.052.22$27,674
Feb 2012011,011101.102.57$28,301
Jan 2012011,82498.092.73$32,328
Dec 2011011,71196.873.24$37,941
Nov 2011011,73895.723.31$38,868
Oct 2011012,70284.983.65$46,344
Sep 2011011,79183.623.99$46,997
Aug 2011012,03483.404.15$49,933
Jul 2011012,58994.144.52$56,868
Jun 2011012,22092.904.64$56,699
May 2011013,16498.134.40$57,985
Apr 2011013,246105.964.33$57,399
Mar 2011014,27096.364.06$57,898
Feb 201126,88485.644.18$28,946
Jan 2011214,44286.504.59$66,444
Dec 2010214,20785.734.35$61,940
Nov 2010214,49480.843.80$55,171
Oct 2010215,12378.103.51$53,221
Sep 2010214,07372.633.98$56,148
Aug 2010515,18473.684.42$67,472
Jul 2010215,95972.554.74$75,735
Jun 2010216,21070.364.91$79,738
May 2010217,26171.124.24$73,246
Apr 2010217,35681.694.12$71,717
Mar 2010218,83778.394.39$82,826
Feb 2010217,47873.585.44$95,269
Jan 2010215,50674.365.96$92,628
Dec 2009215,19571.445.48$83,468
Nov 2009219,84874.593.75$74,609
Oct 2009221,32372.544.11$87,788
Sep 2009221,43865.543.06$65,833
Aug 2009221,73667.423.22$70,092
Jul 2009224,15361.133.46$83,800
Jun 2009224,89966.163.90$97,114
May 2009223,52054.743.93$92,443
Apr 2009227,58246.773.59$99,044
Mar 2009232,90442.144.06$133,642
Feb 2009033,17632.814.63$153,704
Jan 2009039,62935.865.37$212,847
Dec 2008041,41637.105.98$247,549
Nov 2008045,77555.496.86$314,033
Oct 2008049,97775.246.92$345,940
Sep 2008030,875101.767.88$243,205
Aug 2008039,629114.228.48$336,174

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                4,940 Mcf  × $  3.05 =    $15,046

────────────────────────────────────────────────────
Month total                                  $15,046

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/245223 is the state's own key, not one this site invented.