MICHELETTI 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 257431District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
May 2010 – May 2026
Value, last 12 filed months
$178 k
at the published price for each month
Months reported
193
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
CondensateDisposition1,029 bbl$76,462
GasProduction1,664,797 Mcf$6,014,065
Total$6,090,527

Every month this lease reported (193)

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

193 months

May 202604,044106.413.05$12,317
Apr 202603,57198.932.87$10,248
Mar 202603,96489.753.15$12,484
Feb 202603,93663.503.75$14,761
Jan 202604,03759.138.00$32,288
Dec 202505,09456.664.41$22,482
Nov 202503,11158.593.93$12,215
Oct 202503,96259.383.30$13,094
Sep 202503,74962.743.08$11,535
Aug 202504,21763.933.01$12,713
Jul 202503,94866.743.32$13,088
Jun 202503,36966.483.13$10,541
May 202503,15460.553.23$10,195
Apr 202503,95262.363.54$14,002
Mar 202504,51767.704.27$19,280
Feb 202503,80570.884.34$16,517
Jan 202504,61274.324.28$19,733
Dec 202404,48568.993.12$13,999
Nov 202404,36569.052.20$9,596
Oct 202404,32071.372.28$9,856
Sep 202403,34069.612.36$7,897
Aug 202403,95975.632.06$8,170
Jul 202403,95979.932.15$8,498
Jun 202403,73878.082.63$9,846
May 202403,89578.812.20$8,563
Apr 202404,19984.451.66$6,967
Mar 202403,90080.301.55$6,026
Feb 202404,26176.091.78$7,600
Jan 202403,51873.023.30$11,601
Dec 202303,99471.262.61$10,427
Nov 202304,03477.892.81$11,326
Oct 202304,12985.443.09$12,747
Sep 202304,15089.042.74$11,350
Aug 202304,30380.522.67$11,501
Jul 202304,28774.852.64$11,325
Jun 202304,42368.962.26$9,989
May 202304,68670.622.23$10,438
Apr 202304,08378.122.24$9,137
Mar 202304,64372.852.39$11,111
Feb 202304,57975.112.47$11,290
Jan 202304,83676.533.39$16,383
Dec 202205,16376.415.73$29,579
Nov 202205,82585.005.65$32,889
Oct 202205,36187.185.86$31,436
Sep 202205,82784.888.16$47,570
Aug 202204,82794.529.13$44,057
Jul 202202,666101.587.54$20,107
Jun 202204,286115.097.98$34,190
May 202204,248109.378.43$35,824
Apr 202204,780104.226.84$32,684
Mar 202205,412108.885.08$27,473
Feb 2022804,70891.054.86$30,159
Jan 202204,43581.844.54$20,125
Dec 202104,81071.323.90$18,755
Nov 202105,10077.435.24$26,708
Oct 202105,01479.795.71$28,649
Sep 202104,89769.865.35$26,203
Aug 202105,11166.024.22$21,571
Jul 202105,22370.783.98$20,798
Jun 202105,03569.493.38$17,021
May 202105,26363.483.02$15,882
Apr 202106,24260.362.76$17,218
Mar 202106,33461.302.72$17,209
Feb 202104,42057.805.55$24,522
Jan 202105,47650.412.81$15,389
Dec 202005,30444.642.68$14,191
Nov 202005,16438.772.71$13,977
Oct 202004,97236.972.48$12,323
Sep 202004,81637.091.99$9,589
Aug 202005,01339.982.39$11,957
Jul 202006,02838.371.83$11,002
Jun 202005,09734.901.69$8,616
May 202006,07816.921.81$11,030
Apr 202006,22014.751.80$11,223
Mar 202006,87730.341.86$12,765
Feb 202005,99949.881.98$11,882
Jan 202005,19157.252.09$10,874
Dec 201905,06959.012.30$11,681
Nov 201905,83555.302.75$16,050
Oct 201906,33753.472.42$15,326
Sep 201905,83655.052.66$15,508
Aug 201905,89653.112.30$13,587
Jul 201905,71656.272.46$14,062
Jun 201905,92852.782.49$14,768
May 20191826,12158.482.74$27,417
Apr 201905,91162.632.75$16,259
Mar 201905,94156.803.06$18,192
Feb 201905,54650.852.79$15,486
Jan 201906,19846.033.23$20,008
Dec 201806,03546.594.19$25,259
Nov 201805,77952.934.24$24,487
Oct 201806,09461.443.40$20,708
Sep 201805,95159.543.11$18,496
Aug 201806,07259.403.07$18,620
Jul 201806,20765.142.93$18,198
Jun 201805,89860.183.08$18,148
May 201806,36365.382.90$18,458
Apr 201806,27063.842.90$18,188
Mar 201806,63461.222.79$18,488
Feb 201804,67661.782.77$12,934
Jan 201804,44962.874.01$17,837
Dec 201704,75457.272.92$13,889
Nov 20170755.423.12$22
Oct 201705,51449.292.98$16,452
Sep 201705,59647.523.09$17,276
Aug 201705,89245.373.00$17,702
Jul 201705,58343.873.09$17,236
Jun 201705,80542.493.09$17,922
May 201706,10745.373.26$19,930
Apr 201705,64347.933.21$18,123
Mar 20171516,44946.772.98$26,304
Feb 201705,78050.452.95$17,066
Jan 201706,19749.413.42$21,186
Dec 201607,31048.763.72$27,214
Nov 201607,65542.492.64$20,243
Oct 201607,97246.193.09$24,636
Sep 201607,83641.553.10$24,297
Aug 201608,13241.442.92$23,781
Jul 201608,10541.622.92$23,702
Jun 201607,89245.352.69$21,197
May 201608,00242.521.99$15,932
Apr 201608,04936.561.99$16,026
Mar 201608,35933.011.79$14,996
Feb 201607,49426.472.06$15,465
Jan 201608,40727.352.36$19,877
Dec 201507,74432.362.00$15,499
Nov 201508,23538.792.17$17,848
Oct 201508,74043.552.43$21,208
Sep 201527,82142.992.76$21,660
Aug 20151238,08740.162.87$28,170
Jul 201508,72448.152.95$25,693
Jun 201508,34956.152.88$24,069
May 201509,30555.212.96$27,500
Apr 201509,07049.822.71$24,549
Mar 201508,60342.892.93$25,247
Feb 201507,98044.662.98$23,750
Jan 201506,70643.433.10$20,793
Dec 201408,63754.693.59$31,019
Nov 201409,60170.464.25$40,822
Oct 201409,35878.303.90$36,505
Sep 201409,50386.164.05$38,444
Aug 2014010,34189.394.04$41,727
Jul 2014010,49296.564.18$43,852
Jun 201409,09898.164.74$43,096
May 201409,86094.734.73$46,604
Apr 2014010,52695.944.81$50,621
Mar 201412011,47495.895.06$69,529
Feb 201409,48697.406.19$58,737
Jan 2014011,60390.404.86$56,399
Dec 2013011,71091.824.35$50,991
Nov 2013012,03188.853.74$44,975
Oct 2013011,95297.423.78$45,171
Sep 2013012,299104.113.72$45,724
Aug 201315810,566104.253.52$53,691
Jul 2013012,028102.523.72$44,717
Jun 2013011,12294.403.93$43,747
May 2013011,56494.834.15$47,980
Apr 2013012,24793.964.28$52,449
Mar 2013012,82293.623.91$50,171
Feb 2013011,81691.233.42$40,410
Jan 2013013,20891.603.42$45,170
Dec 2012012,66286.773.42$43,306
Nov 2012012,44586.953.62$45,113
Oct 2012013,51189.383.40$45,933
Sep 2012011,05294.672.92$32,254
Aug 2012012,63592.662.91$36,745
Jul 2012016,04785.133.02$48,475
Jun 2012011,72979.822.52$29,546
May 2012389,57291.612.49$27,299
Apr 2012014,654101.652.00$29,261
Mar 2012014,025105.052.22$31,165
Feb 2012015,575101.102.57$40,031
Jan 2012015,36398.092.73$42,004
Dec 2011014,97196.873.24$48,502
Nov 2011014,97795.723.31$49,593
Oct 2011016,57484.983.65$60,471
Sep 2011016,62983.623.99$66,280
Aug 2011017,46983.404.15$72,484
Jul 2011017,56994.144.52$79,363
Jun 2011018,58892.904.64$86,246
May 2011019,08798.134.40$84,075
Apr 2011020,349105.964.33$88,178
Mar 2011017,89096.364.06$72,586
Feb 201117517,30085.644.18$87,301
Jan 2011020,35286.504.59$93,391
Dec 2010021,69985.734.35$94,342
Nov 2010021,89180.843.80$83,084
Oct 2010025,32278.103.51$88,852
Sep 2010033,29472.633.98$132,492
Aug 2010038,09973.684.42$168,373
Jul 2010036,89772.554.74$174,762
Jun 2010042,72870.364.91$209,812
May 2010057,48271.124.24$243,449

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                4,044 Mcf  × $  3.05 =    $12,317

────────────────────────────────────────────────────
Month total                                  $12,317

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/257431 is the state's own key, not one this site invented.