CAIN 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 248574District 09Field 65280200GasSaveExport
Value, all time
$4.1 M
Sep 2008 – May 2026
Value, last 12 filed months
$15
at the published price for each month
Months reported
213
no gaps in the span
Streams
1
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
GasProduction984,545 Mcf$4,066,909
Total$4,066,909

Every month this lease reported (213)

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

213 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025563.933.01$15
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 20242871.372.28$64
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 202216876.415.73$962
Nov 202210585.005.65$593
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 202132169.865.35$1,718
Aug 2021066.024.22$0
Jul 202115970.783.98$633
Jun 2021069.493.38$0
May 2021463.483.02$12
Apr 2021860.362.76$22
Mar 2021561.302.72$14
Feb 20213057.805.55$166
Jan 202111850.412.81$332
Dec 20207844.642.68$209
Nov 202018938.772.71$512
Oct 202026336.972.48$652
Sep 202027537.091.99$548
Aug 202024039.982.39$572
Jul 202020738.371.83$378
Jun 202018334.901.69$309
May 202010616.921.81$192
Apr 202042014.751.80$758
Mar 202027930.341.86$518
Feb 202032349.881.98$640
Jan 20202057.252.09$42
Dec 20191459.012.30$32
Nov 20191355.302.75$36
Oct 201929253.472.42$706
Sep 20194355.052.66$114
Aug 201937253.112.30$857
Jul 20195056.272.46$123
Jun 20191252.782.49$30
May 2019558.482.74$14
Apr 2019562.632.75$14
Mar 2019256.803.06$6
Feb 2019350.852.79$8
Jan 20199646.033.23$310
Dec 20185046.594.19$209
Nov 201824652.934.24$1,042
Oct 201818861.443.40$639
Sep 201827359.543.11$848
Aug 201829959.403.07$917
Jul 201825465.142.93$745
Jun 201835260.183.08$1,083
May 201824265.382.90$702
Apr 201841463.842.90$1,201
Mar 201824261.222.79$674
Feb 201825261.782.77$697
Jan 201817162.874.01$686
Dec 201737757.272.92$1,101
Nov 201733855.423.12$1,054
Oct 201723949.292.98$713
Sep 2017047.523.09$0
Aug 20176545.373.00$195
Jul 2017143.873.09$3
Jun 201717942.493.09$553
May 20171,47245.373.26$4,804
Apr 20172,94947.933.21$9,471
Mar 20173,03046.772.98$9,041
Feb 20172,76350.452.95$8,158
Jan 201757749.413.42$1,973
Dec 201627448.763.72$1,020
Nov 201621142.492.64$558
Oct 201615546.193.09$479
Sep 20164641.553.10$143
Aug 201611141.442.92$325
Jul 201611641.622.92$339
Jun 201632545.352.69$873
May 201629342.521.99$583
Apr 201630736.561.99$611
Mar 201632133.011.79$576
Feb 201625626.472.06$528
Jan 201639727.352.36$939
Dec 201531032.362.00$620
Nov 201541638.792.17$902
Oct 201532443.552.43$786
Sep 201540942.992.76$1,128
Aug 201541640.162.87$1,195
Jul 201534448.152.95$1,013
Jun 201539656.152.88$1,142
May 201528555.212.96$842
Apr 201538349.822.71$1,037
Mar 201528942.892.93$848
Feb 201540144.662.98$1,193
Jan 20159943.433.10$307
Dec 201438254.693.59$1,372
Nov 201449270.464.25$2,092
Oct 201429378.303.90$1,143
Sep 201424486.164.05$987
Aug 201418989.394.04$763
Jul 20143,20796.564.18$13,404
Jun 20146,09298.164.74$28,857
May 20147,45794.734.73$35,246
Apr 20148,17695.944.81$39,319
Mar 20147,71895.895.06$39,028
Feb 20147,54697.406.19$46,725
Jan 20147,79290.404.86$37,875
Dec 20136,61391.824.35$28,796
Nov 201316,66088.853.74$62,280
Oct 20139,46197.423.78$35,757
Sep 20138,437104.113.72$31,367
Aug 20137,357104.253.52$25,916
Jul 20136,539102.523.72$24,310
Jun 20135,88394.403.93$23,140
May 20134,46794.834.15$18,534
Apr 201361893.964.28$2,647
Mar 20135,80693.623.91$22,718
Feb 20134,32291.233.42$14,781
Jan 20137,48791.603.42$25,605
Dec 20125,34386.773.42$18,274
Nov 20124,78686.953.62$17,349
Oct 20121,54089.383.40$5,236
Sep 20122,33294.672.92$6,806
Aug 20125,23592.662.91$15,224
Jul 20125,54685.133.02$16,753
Jun 20126,22879.822.52$15,689
May 20125,93091.612.49$14,756
Apr 20122,896101.652.00$5,783
Mar 20122,675105.052.22$5,944
Feb 20122,363101.102.57$6,073
Jan 20123,25398.092.73$8,894
Dec 20111,92196.873.24$6,224
Nov 20113,08795.723.31$10,222
Oct 20118,53284.983.65$31,129
Sep 20119,27983.623.99$36,984
Aug 201110,91483.404.15$45,286
Jul 201112,91094.144.52$58,318
Jun 201110,87492.904.64$50,454
May 201111,03598.134.40$48,607
Apr 201110,475105.964.33$45,391
Mar 201111,51896.364.06$46,732
Feb 201111,99285.644.18$50,126
Jan 201116,28486.504.59$74,724
Dec 201016,78785.734.35$72,986
Nov 201016,88780.843.80$64,092
Oct 201016,90978.103.51$59,332
Sep 201016,19472.633.98$64,444
Aug 201016,52573.684.42$73,030
Jul 201017,79372.554.74$84,276
Jun 201017,47670.364.91$85,814
May 201020,02671.124.24$84,815
Apr 201020,85881.694.12$85,991
Mar 201021,79478.394.39$95,647
Feb 201019,20973.585.44$104,542
Jan 201025,03774.365.96$149,323
Dec 200923,52771.445.48$129,016
Nov 200924,18974.593.75$90,745
Oct 200930,53072.544.11$125,486
Sep 200930,77065.543.06$94,302
Aug 200917,82867.423.22$57,379
Jul 200934,62761.133.46$119,965
Jun 200934,43066.163.90$134,105
May 200939,06754.743.93$153,367
Apr 200947,37246.773.59$169,947
Mar 200954,78642.144.06$222,376
Feb 200963,58332.814.63$294,580
Jan 200931,85735.865.37$171,104
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$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.

Aug 2025 — as filed, then multipliedworked
Gas                    5 Mcf  × $  3.01 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/248574 is the state's own key, not one this site invented.