COURTNEY

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 253972District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.0 M
Oct 2009 – Sep 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
108
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
CondensateDisposition7 bbl$587
GasProduction496,604 Mcf$2,021,517
Total$2,022,104

Every month this lease reported (108)

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

108 months

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 20170043.873.09$0
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 201601,74027.352.36$4,114
Dec 201502,59432.362.00$5,192
Nov 201503,05838.792.17$6,628
Oct 201501,94243.552.43$4,712
Sep 201502,42842.992.76$6,697
Aug 201502,44440.162.87$7,020
Jul 201502,68248.152.95$7,899
Jun 201502,79656.152.88$8,060
May 201503,27855.212.96$9,688
Apr 201503,28849.822.71$8,899
Mar 201503,39942.892.93$9,975
Feb 201503,23444.662.98$9,625
Jan 201503,69243.433.10$11,448
Dec 201403,78854.693.59$13,604
Nov 201403,57070.464.25$15,179
Oct 201403,63578.303.90$14,180
Sep 201403,44886.164.05$13,949
Aug 201403,96689.394.04$16,003
Jul 201403,79096.564.18$15,841
Jun 201403,10098.164.74$14,684
May 201403,11994.734.73$14,742
Apr 201403,47995.944.81$16,731
Mar 201403,91395.895.06$19,787
Feb 201402,85797.406.19$17,691
Jan 201404,18590.404.86$20,342
Dec 201303,75791.824.35$16,360
Nov 201304,35888.853.74$16,291
Oct 201304,64297.423.78$17,544
Sep 201304,239104.113.72$15,760
Aug 201304,410104.253.52$15,535
Jul 201304,691102.523.72$17,440
Jun 201304,78294.403.93$18,810
May 201304,90194.834.15$20,335
Apr 201304,93793.964.28$21,143
Mar 201325,31993.623.91$21,000
Feb 201304,70491.233.42$16,087
Jan 201305,53691.603.42$18,933
Dec 201205,17386.773.42$17,692
Nov 201205,08586.953.62$18,433
Oct 201205,49989.383.40$18,695
Sep 201204,88994.672.92$14,268
Aug 201204,78992.662.91$13,927
Jul 201204,02285.133.02$12,150
Jun 201203,82179.822.52$9,625
May 201205,94091.612.49$14,781
Apr 201206,018101.652.00$12,017
Mar 201206,732105.052.22$14,959
Feb 201206,164101.102.57$15,843
Jan 201206,72098.092.73$18,373
Dec 201108,01496.873.24$25,963
Nov 201106,50395.723.31$21,533
Oct 201105,34284.983.65$19,491
Sep 201106,14583.623.99$24,493
Aug 201106,76583.404.15$28,070
Jul 201106,58794.144.52$29,755
Jun 201106,65392.904.64$30,869
May 201107,25198.134.40$31,939
Apr 201106,249105.964.33$27,079
Mar 201107,96896.364.06$32,329
Feb 201126,89685.644.18$28,996
Jan 2011010,03286.504.59$46,035
Dec 2010010,36485.734.35$45,060
Nov 2010010,46680.843.80$39,722
Oct 2010013,64378.103.51$47,872
Sep 2010012,75472.633.98$50,754
Aug 201001,08173.684.42$4,777
Jul 2010013,30172.554.74$63,000
Jun 2010013,51570.364.91$66,364
May 2010015,08971.124.24$63,905
Apr 2010013,32881.694.12$54,947
Mar 2010215,49978.394.39$68,177
Feb 2010016,98273.585.44$92,422
Jan 2010023,14274.365.96$138,021
Dec 2009131,68371.445.48$173,813
Nov 2009020,79974.593.75$78,027
Oct 20090072.544.11$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.

Jan 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.35 =         $0
Gas                1,740 Mcf  × $  2.36 =     $4,114

────────────────────────────────────────────────────
Month total                                   $4,114

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/253972 is the state's own key, not one this site invented.