BUCHANAN

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 252583District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jun 2009 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
204
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 Gas112009-12-30195915
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
CondensateDisposition3,120 bbl$247,049
GasProduction931,282 Mcf$3,533,992
Total$3,781,040

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 33.1712, -97.6075. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17123, -97.60754 · 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
7,427 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 7,427 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-497367524H7,427 ftJun 2009

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 (204)

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

204 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026031263.503.75$1,170
Jan 2026027759.138.00$2,215
Dec 2025032356.664.41$1,426
Nov 2025029858.593.93$1,170
Oct 202518533359.383.30$12,086
Sep 2025031962.743.08$982
Aug 2025033163.933.01$998
Jul 2025028066.743.32$928
Jun 2025031666.483.13$989
May 2025033760.553.23$1,089
Apr 2025034562.363.54$1,222
Mar 2025027767.704.27$1,182
Feb 2025019170.884.34$829
Jan 2025033974.324.28$1,450
Dec 2024032068.993.12$999
Nov 2024033369.052.20$732
Oct 2024057671.372.28$1,314
Sep 2024034369.612.36$811
Aug 2024039875.632.06$821
Jul 2024039879.932.15$854
Jun 2024038978.082.63$1,025
May 2024040478.812.20$888
Apr 2024038684.451.66$640
Mar 2024041280.301.55$637
Feb 2024039876.091.78$710
Jan 2024037673.023.30$1,240
Dec 2023031571.262.61$822
Nov 2023038777.892.81$1,087
Oct 2023040385.443.09$1,244
Sep 2023029389.042.74$801
Aug 2023032580.522.67$869
Jul 2023037874.852.64$999
Jun 2023028268.962.26$637
May 2023035970.622.23$800
Apr 2023057878.122.24$1,293
Mar 2023043972.852.39$1,051
Feb 2023035975.112.47$885
Jan 2023039976.533.39$1,352
Dec 2022044376.415.73$2,538
Nov 2022054385.005.65$3,066
Oct 2022047187.185.86$2,762
Sep 2022074184.888.16$6,049
Aug 2022069494.529.13$6,334
Jul 20220902101.587.54$6,803
Jun 20220679115.097.98$5,417
May 20220720109.378.43$6,072
Apr 20220417104.226.84$2,851
Mar 20220429108.885.08$2,178
Feb 2022035991.054.86$1,744
Jan 2022059881.844.54$2,714
Dec 202101,03971.323.90$4,051
Nov 202101,14477.435.24$5,991
Oct 202101,66879.795.71$9,531
Sep 202102,03069.865.35$10,862
Aug 202102,81866.024.22$11,894
Jul 202102,28770.783.98$9,107
Jun 202102,25469.493.38$7,620
May 202102,15263.483.02$6,494
Apr 202102,14760.362.76$5,922
Mar 202102,81061.302.72$7,635
Feb 2021040257.805.55$2,230
Jan 202101,66450.412.81$4,676
Dec 2020094444.642.68$2,526
Nov 202001,03138.772.71$2,790
Oct 2020040936.972.48$1,014
Sep 2020085237.091.99$1,696
Aug 202001,02839.982.39$2,452
Jul 2020080538.371.83$1,469
Jun 2020035134.901.69$593
May 202001,78516.921.81$3,239
Apr 202002,62914.751.80$4,744
Mar 202002,95430.341.86$5,483
Feb 202001,53749.881.98$3,044
Jan 202002,48357.252.09$5,201
Dec 201902,28759.012.30$5,270
Nov 2019064855.302.75$1,782
Oct 201901,12953.472.42$2,731
Sep 201902,13855.052.66$5,681
Aug 201902,51253.112.30$5,789
Jul 201902,38656.272.46$5,870
Jun 201902,21452.782.49$5,516
May 201942,13958.482.74$6,095
Apr 201902,12762.632.75$5,851
Mar 201901,78656.803.06$5,469
Feb 201901,16850.852.79$3,261
Jan 201902,29646.033.23$7,412
Dec 201802,69446.594.19$11,276
Nov 2018102,09452.934.24$9,402
Oct 201802,91161.443.40$9,892
Sep 201803,28259.543.11$10,200
Aug 201803,09259.403.07$9,482
Jul 201802,95265.142.93$8,655
Jun 201803,23960.183.08$9,966
May 201803,84765.382.90$11,159
Apr 201802,67763.842.90$7,765
Mar 201803,72661.222.79$10,384
Feb 201802,82661.782.77$7,817
Jan 201802,85862.874.01$11,459
Dec 201703,12357.272.92$9,124
Nov 201703,87455.423.12$12,081
Oct 201704,32549.292.98$12,904
Sep 201703,88347.523.09$11,988
Aug 201705,18045.373.00$15,563
Jul 201704,98243.873.09$15,381
Jun 201704,58142.493.09$14,143
May 201704,53845.373.26$14,809
Apr 201704,04747.933.21$12,997
Mar 201702,01646.772.98$6,015
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 2016025541.442.92$746
Jul 2016062841.622.92$1,836
Jun 2016036845.352.69$988
May 20160042.521.99$0
Apr 2016033236.561.99$661
Mar 201601,18033.011.79$2,117
Feb 2016030026.472.06$619
Jan 201663027.352.36$1,723
Dec 201501,05632.362.00$2,113
Nov 201501,54038.792.17$3,338
Oct 201504,24643.552.43$10,303
Sep 201505,02942.992.76$13,872
Aug 2015944,77240.162.87$17,483
Jul 201502448.152.95$71
Jun 20151893,75656.152.88$21,440
May 201503,62955.212.96$10,725
Apr 201503,43649.822.71$9,300
Mar 201503,11442.892.93$9,139
Feb 201502,67244.662.98$7,952
Jan 201503,54943.433.10$11,004
Dec 201402,50354.693.59$8,989
Nov 201403,43770.464.25$14,614
Oct 201404,89378.303.90$19,087
Sep 201404,88286.164.05$19,750
Aug 201405,34389.394.04$21,560
Jul 201404,98396.564.18$20,827
Jun 201405,69998.164.74$26,995
May 201406,80794.734.73$32,174
Apr 201406,42995.944.81$30,918
Mar 201406,01495.895.06$30,412
Feb 201401,89097.406.19$11,703
Jan 201405,65890.404.86$27,502
Dec 201304,96991.824.35$21,637
Nov 201304,95688.853.74$18,527
Oct 201305,68997.423.78$21,501
Sep 201307,456104.113.72$27,719
Aug 20131627,934104.253.52$44,837
Jul 201306,911102.523.72$25,693
Jun 201305,82194.403.93$22,896
May 201307,30394.834.15$30,301
Apr 201305,52893.964.28$23,674
Mar 201307,22393.623.91$28,263
Feb 201306,40791.233.42$21,911
Jan 20131927,17691.603.42$42,128
Dec 201207,80286.773.42$26,684
Nov 201208,08986.953.62$29,322
Oct 201202,79589.383.40$9,502
Sep 201204,53094.672.92$13,220
Aug 201206,63192.662.91$19,284
Jul 201205,14585.133.02$15,542
Jun 201206,45379.822.52$16,255
May 201206,99991.612.49$17,416
Apr 201204,479101.652.00$8,944
Mar 2012011,415105.052.22$25,365
Feb 201217911,082101.102.57$46,580
Jan 2012012,24898.092.73$33,487
Dec 2011012,31696.873.24$39,901
Nov 2011012,51695.723.31$41,444
Oct 201117613,45484.983.65$64,044
Sep 2011012,59883.623.99$50,213
Aug 2011013,93783.404.15$57,829
Jul 2011014,10594.144.52$63,716
Jun 201119014,10592.904.64$83,097
May 2011014,65998.134.40$64,570
Apr 201117714,626105.964.33$82,133
Mar 2011015,46696.364.06$62,751
Feb 201119413,73485.644.18$74,022
Jan 2011016,23586.504.59$74,499
Dec 2010016,57885.734.35$72,077
Nov 201018716,53580.843.80$77,873
Oct 2010017,46878.103.51$61,293
Sep 2010012,92872.633.98$51,447
Aug 201018919,45073.684.42$99,882
Jul 2010021,20872.554.74$100,451
Jun 2010019,94670.364.91$97,943
May 2010019,71371.124.24$83,489
Apr 201018717,98081.694.12$89,402
Mar 201018519,74078.394.39$101,135
Feb 201005,58673.585.44$30,401
Jan 201018917,46374.365.96$118,205
Dec 2009018,91271.445.48$103,709
Nov 200918215,51774.593.75$71,787
Oct 2009018,53572.544.11$76,183
Sep 200918622,37465.543.06$80,761
Aug 2009027,51967.423.22$88,570
Jul 2009033,29061.133.46$115,333
Jun 20090066.163.90$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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  312 Mcf  × $  3.75 =     $1,170

────────────────────────────────────────────────────
Month total                                   $1,170

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/252583 is the state's own key, not one this site invented.