BIG L RANCH

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 248257District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.4 M
Mar 2008 – Feb 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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
CondensateDisposition1,077 bbl$102,805
GasProduction420,231 Mcf$2,261,382
Total$2,364,187

Every month this lease reported (132)

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

132 months

Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
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 201743043.873.09$1,886
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201701146.772.98$33
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 20150138.792.17$2
Oct 2015051843.552.43$1,257
Sep 201502,66142.992.76$7,340
Aug 201502,90140.162.87$8,333
Jul 201502,90948.152.95$8,567
Jun 201502,76856.152.88$7,980
May 201502,12755.212.96$6,286
Apr 201502,92949.822.71$7,928
Mar 201503,05042.892.93$8,951
Feb 201502,54944.662.98$7,586
Jan 201502,94343.433.10$9,125
Dec 201403,03154.693.59$10,885
Nov 201402,73870.464.25$11,642
Oct 201403,19678.303.90$12,467
Sep 201403,11986.164.05$12,618
Aug 2014733,38489.394.04$20,180
Jul 201403,12196.564.18$13,045
Jun 201403,19298.164.74$15,120
May 201403,12694.734.73$14,775
Apr 201402,39895.944.81$11,532
Mar 201402,59095.895.06$13,097
Feb 201402,65797.406.19$16,452
Jan 201403,33490.404.86$16,206
Dec 201302,71391.824.35$11,814
Nov 201303,32688.853.74$12,434
Oct 201303,07997.423.78$11,637
Sep 201303,198104.113.72$11,889
Aug 201303,616104.253.52$12,738
Jul 201303,294102.523.72$12,246
Jun 201303,63294.403.93$14,286
May 201303,85294.834.15$15,982
Apr 201303,45793.964.28$14,805
Mar 201303,59093.623.91$14,047
Feb 201302,94791.233.42$10,078
Jan 201303,18291.603.42$10,882
Dec 201203,49286.773.42$11,943
Nov 201202,62286.953.62$9,505
Oct 201203,36089.383.40$11,423
Sep 201203,35994.672.92$9,803
Aug 201202,70492.662.91$7,864
Jul 201202,09585.133.02$6,329
Jun 201202,45479.822.52$6,182
May 201203,44791.612.49$8,577
Apr 201203,410101.652.00$6,809
Mar 2012613,478105.052.22$14,136
Feb 201203,652101.102.57$9,387
Jan 201203,69698.092.73$10,105
Dec 201103,32496.873.24$10,769
Nov 201103,74095.723.31$12,384
Oct 201103,82584.983.65$13,956
Sep 201103,88483.623.99$15,481
Aug 201104,08783.404.15$16,958
Jul 201103,91194.144.52$17,667
Jun 201103,82192.904.64$17,729
May 201104,83198.134.40$21,280
Apr 201105,053105.964.33$21,896
Mar 2011444,01096.364.06$20,510
Feb 201103,38185.644.18$14,133
Jan 201104,66086.504.59$21,384
Dec 201001,25885.734.35$5,469
Nov 201003,17480.843.80$12,046
Oct 201004,07978.103.51$14,313
Sep 201003,45572.633.98$13,749
Aug 201005,09573.684.42$22,517
Jul 201005,06372.554.74$23,981
Jun 201004,98070.364.91$24,454
May 201004,19171.124.24$17,750
Apr 201005,01381.694.12$20,667
Mar 2010795,51078.394.39$30,374
Feb 201004,81673.585.44$26,210
Jan 201005,09674.365.96$30,393
Dec 200905,49271.445.48$30,117
Nov 200905,69374.593.75$21,357
Oct 200905,34972.544.11$21,986
Sep 200905,48365.543.06$16,804
Aug 200906,29567.423.22$20,260
Jul 2009646,10161.133.46$25,049
Jun 200906,23566.163.90$24,285
May 200906,92654.743.93$27,190
Apr 2009885,97246.773.59$25,540
Mar 200906,99542.144.06$28,393
Feb 200906,74432.814.63$31,245
Jan 2009827,31435.865.37$42,224
Dec 200807,64137.105.98$45,671
Nov 200808,20055.496.86$56,255
Oct 200809,34975.246.92$64,714
Sep 2008838,520101.767.88$75,559
Aug 2008010,312114.228.48$87,477
Jul 20088611,823131.0811.39$145,930
Jun 20089812,626131.3313.03$177,420
May 200827615,652123.1711.57$215,156
Apr 2008014,362110.3110.45$150,153
Mar 200807,982101.909.66$77,139

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            43 bbl  × $ 43.87 =     $1,886
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $1,886

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/248257 is the state's own key, not one this site invented.