BUCHANAN B

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 251549District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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
CondensateDisposition3,113 bbl$216,013
GasProduction456,888 Mcf$2,056,210
Total$2,272,222

Every month this lease reported (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
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 2017127043.873.09$5,571
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 2016089246.193.09$2,757
Sep 20161871,65241.553.10$12,892
Aug 201602,10641.442.92$6,159
Jul 201602,27641.622.92$6,656
Jun 201602,22045.352.69$5,963
May 201602,32942.521.99$4,637
Apr 201602,47736.561.99$4,932
Mar 201602,85333.011.79$5,118
Feb 201602,67026.472.06$5,510
Jan 201602,70327.352.36$6,391
Dec 201502,90232.362.00$5,808
Nov 201503,07738.792.17$6,669
Oct 201502,63343.552.43$6,389
Sep 201502,15842.992.76$5,953
Aug 201502,59140.162.87$7,443
Jul 201503,26448.152.95$9,613
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014020796.564.18$865
Jun 201402,45498.164.74$11,624
May 201402,62394.734.73$12,398
Apr 201402,64795.944.81$12,730
Mar 201402,48695.895.06$12,571
Feb 201402,10997.406.19$13,059
Jan 201402,48490.404.86$12,074
Dec 201302,58891.824.35$11,269
Nov 201302,39188.853.74$8,938
Oct 201302,35797.423.78$8,908
Sep 201302,539104.113.72$9,439
Aug 201302,954104.253.52$10,406
Jul 201303,163102.523.72$11,759
Jun 20131203,16894.403.93$23,789
May 201303,14394.834.15$13,041
Apr 201303,42393.964.28$14,659
Mar 201303,43093.623.91$13,421
Feb 201303,01691.233.42$10,314
Jan 201303,69991.603.42$12,650
Dec 201203,80786.773.42$13,021
Nov 201203,66686.953.62$13,289
Oct 201203,80589.383.40$12,936
Sep 201224,93294.672.92$14,583
Aug 201204,38592.662.91$12,752
Jul 201203,65885.133.02$11,050
Jun 201203,88179.822.52$9,776
May 20121534,46191.612.49$25,117
Apr 201204,476101.652.00$8,938
Mar 201204,756105.052.22$10,568
Feb 201204,565101.102.57$11,733
Jan 201204,83398.092.73$13,214
Dec 201105,14196.873.24$16,656
Nov 201105,18495.723.31$17,166
Oct 20111814,97084.983.65$33,515
Sep 201105,13983.623.99$20,483
Aug 201105,52883.404.15$22,937
Jul 201104,99594.144.52$22,564
Jun 201104,84292.904.64$22,466
May 201105,02698.134.40$22,139
Apr 201105,530105.964.33$23,963
Mar 20111015,80696.364.06$33,289
Feb 201105,38685.644.18$22,513
Jan 201105,12386.504.59$23,508
Dec 201003,72385.734.35$16,187
Nov 201003,56180.843.80$13,515
Oct 201004,84678.103.51$17,004
Sep 20101314,62972.633.98$27,936
Aug 201004,84773.684.42$21,421
Jul 201005,61572.554.74$26,595
Jun 201005,60870.364.91$27,538
May 201005,90171.124.24$24,992
Apr 20101786,23281.694.12$40,233
Mar 201006,98778.394.39$30,664
Feb 201006,58273.585.44$35,822
Jan 20101857,04074.365.96$55,744
Dec 200906,54871.445.48$35,908
Nov 200907,32974.593.75$27,495
Oct 200907,24372.544.11$29,771
Sep 200906,99965.543.06$21,450
Aug 200904,58967.423.22$14,770
Jul 20091377,71061.133.46$35,086
Jun 200907,93366.163.90$30,899
May 200920410,54354.743.93$52,556
Apr 2009011,52046.773.59$41,328
Mar 200920812,66242.144.06$60,160
Feb 2009011,77632.814.63$54,558
Jan 200917014,60435.865.37$84,534
Dec 200817415,77137.105.98$100,721
Nov 200817418,91555.496.86$139,419
Oct 200834627,35075.246.92$215,349
Sep 20081681,537101.767.88$29,203
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200816714,709123.1711.57$190,816

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           127 bbl  × $ 43.87 =     $5,571
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $5,571

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/251549 is the state's own key, not one this site invented.