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 257601District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.5 M
May 2010 – May 2026
Value, last 12 filed months
$201 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
CondensateDisposition577 bbl$47,557
GasProduction1,798,140 Mcf$6,422,602
Total$6,470,159

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 202604,388106.413.05$13,365
Apr 202604,40198.932.87$12,630
Mar 202604,39789.753.15$13,848
Feb 202604,51963.503.75$16,948
Jan 202603,88359.138.00$31,056
Dec 202506,65256.664.41$29,358
Nov 202503,58658.593.93$14,080
Oct 202504,82359.383.30$15,939
Sep 202504,48362.743.08$13,794
Aug 202504,38063.933.01$13,205
Jul 202504,20566.743.32$13,940
Jun 202504,16866.483.13$13,041
May 202505,00860.553.23$16,187
Apr 202504,93562.363.54$17,485
Mar 202504,60267.704.27$19,643
Feb 202503,30970.884.34$14,364
Jan 202502,87774.324.28$12,310
Dec 202404,01668.993.12$12,535
Nov 202404,01269.052.20$8,820
Oct 202404,16671.372.28$9,504
Sep 202403,74269.612.36$8,847
Aug 202404,06175.632.06$8,380
Jul 202404,06179.932.15$8,717
Jun 202404,71378.082.63$12,414
May 202404,56578.812.20$10,036
Apr 202404,38484.451.66$7,274
Mar 202404,08080.301.55$6,304
Feb 202405,05076.091.78$9,007
Jan 202403,43373.023.30$11,321
Dec 202304,41571.262.61$11,526
Nov 202304,71377.892.81$13,232
Oct 202303,99985.443.09$12,346
Sep 202304,07789.042.74$11,151
Aug 202304,11580.522.67$10,999
Jul 202304,15974.852.64$10,987
Jun 202304,38068.962.26$9,892
May 202304,75770.622.23$10,596
Apr 20231874,72578.122.24$25,182
Mar 202304,72572.852.39$11,308
Feb 202303,96275.112.47$9,769
Jan 202304,47976.533.39$15,174
Dec 202204,48476.415.73$25,689
Nov 202205,33185.005.65$30,100
Oct 202205,60187.185.86$32,843
Sep 202202,23484.888.16$18,238
Aug 202202,39494.529.13$21,850
Jul 202202,676101.587.54$20,183
Jun 202203,579115.097.98$28,550
May 202203,449109.378.43$29,086
Apr 202204,394104.226.84$30,044
Mar 202205,109108.885.08$25,935
Feb 202204,48891.054.86$21,806
Jan 202205,31481.844.54$24,113
Dec 202105,69871.323.90$22,217
Nov 202105,67777.435.24$29,730
Oct 202105,28679.795.71$30,204
Sep 202105,15069.865.35$27,557
Aug 202105,31666.024.22$22,437
Jul 202105,40270.783.98$21,511
Jun 202105,12269.493.38$17,316
May 202105,37963.483.02$16,232
Apr 202105,69460.362.76$15,706
Mar 202105,66461.302.72$15,389
Feb 202103,17957.805.55$17,637
Jan 202105,22050.412.81$14,670
Dec 202005,40244.642.68$14,453
Nov 202004,96838.772.71$13,446
Oct 202005,85736.972.48$14,516
Sep 202005,46037.091.99$10,871
Aug 202005,97139.982.39$14,241
Jul 202006,04138.371.83$11,026
Jun 202005,99734.901.69$10,137
May 202006,23916.921.81$11,322
Apr 202006,47314.751.80$11,680
Mar 202007,02830.341.86$13,046
Feb 202006,43849.881.98$12,752
Jan 202006,86557.252.09$14,380
Dec 201905,92459.012.30$13,651
Nov 201905,66455.302.75$15,580
Oct 201905,37853.472.42$13,007
Sep 201905,62755.052.66$14,953
Aug 201906,70053.112.30$15,439
Jul 201906,84056.272.46$16,827
Jun 201906,14752.782.49$15,313
May 201906,33858.482.74$17,368
Apr 201906,15062.632.75$16,917
Mar 201905,90956.803.06$18,094
Feb 201905,77950.852.79$16,136
Jan 201906,00646.033.23$19,388
Dec 201806,28346.594.19$26,297
Nov 201805,70952.934.24$24,190
Oct 201806,33161.443.40$21,513
Sep 201806,31159.543.11$19,615
Aug 201806,48459.403.07$19,884
Jul 201806,70265.142.93$19,649
Jun 201806,47460.183.08$19,920
May 201806,71765.382.90$19,485
Apr 201806,71163.842.90$19,467
Mar 201807,20961.222.79$20,090
Feb 201805,69761.782.77$15,759
Jan 201807,77662.874.01$31,176
Dec 201707,70657.272.92$22,513
Nov 20170055.423.12$0
Oct 201708,32249.292.98$24,830
Sep 201708,34647.523.09$25,766
Aug 201708,99345.373.00$27,019
Jul 201708,81743.873.09$27,221
Jun 201708,55242.493.09$26,402
May 201778,99745.373.26$29,678
Apr 201708,15647.933.21$26,194
Mar 2017139,38846.772.98$28,619
Feb 201708,43050.452.95$24,890
Jan 201709,01949.413.42$30,834
Dec 201608,39348.763.72$31,246
Nov 201608,26442.492.64$21,853
Oct 201608,64046.193.09$26,700
Sep 201608,43041.553.10$26,138
Aug 201608,80641.442.92$25,752
Jul 201608,76441.622.92$25,629
Jun 201608,60545.352.69$23,112
May 201608,88742.521.99$17,694
Apr 201608,84836.561.99$17,617
Mar 201609,49733.011.79$17,038
Feb 201608,43326.472.06$17,403
Jan 201609,22127.352.36$21,802
Dec 201508,78332.362.00$17,578
Nov 201509,11138.792.17$19,747
Oct 201509,88343.552.43$23,982
Sep 201508,81942.992.76$24,327
Aug 2015229,10740.162.87$27,043
Jul 201509,95348.152.95$29,312
Jun 201509,49256.152.88$27,364
May 2015010,16755.212.96$30,048
Apr 201509,89149.822.71$26,771
Mar 201509,64942.892.93$28,317
Feb 201508,81444.662.98$26,232
Jan 201507,25643.433.10$22,498
Dec 201409,60054.693.59$34,477
Nov 2014010,95070.464.25$46,558
Oct 2014010,67878.303.90$41,654
Sep 2014011,10186.164.05$44,908
Aug 2014011,86489.394.04$47,873
Jul 2014011,79296.564.18$49,286
Jun 2014010,14598.164.74$48,056
May 2014011,21394.734.73$52,999
Apr 2014011,51695.944.81$55,382
Mar 2014012,12095.895.06$61,288
Feb 2014010,43697.406.19$64,620
Jan 2014013,50490.404.86$65,639
Dec 2013013,04391.824.35$56,795
Nov 2013013,81288.853.74$51,633
Oct 2013012,93397.423.78$48,878
Sep 2013012,294104.113.72$45,706
Aug 20132511,612104.253.52$43,511
Jul 2013014,230102.523.72$52,903
Jun 2013013,63594.403.93$53,632
May 2013013,96794.834.15$57,950
Apr 2013013,53693.964.28$57,969
Mar 2013014,90293.623.91$58,310
Feb 2013013,11991.233.42$44,866
Jan 2013014,74991.603.42$50,440
Dec 2012013,62986.773.42$46,613
Nov 2012013,52386.953.62$49,020
Oct 2012014,46789.383.40$49,183
Sep 2012011,07894.672.92$32,330
Aug 2012012,56592.662.91$36,541
Jul 2012015,09985.133.02$45,611
Jun 201206,50879.822.52$16,394
May 201214611,21991.612.49$41,292
Apr 2012016,312101.652.00$32,572
Mar 2012016,226105.052.22$36,055
Feb 2012016,722101.102.57$42,980
Jan 2012017,14198.092.73$46,865
Dec 2011016,77096.873.24$54,330
Nov 2011016,51795.723.31$54,692
Oct 2011018,04984.983.65$65,853
Sep 2011018,53683.623.99$73,881
Aug 2011019,47683.404.15$80,812
Jul 2011021,51194.144.52$97,170
Jun 2011023,26392.904.64$107,938
May 2011022,90398.134.40$100,884
Apr 2011024,321105.964.33$105,390
Mar 2011020,34996.364.06$82,563
Feb 201117717,93485.644.18$90,122
Jan 2011022,52586.504.59$103,362
Dec 201008,82985.734.35$38,386
Nov 2010023,48480.843.80$89,130
Oct 2010027,09978.103.51$95,087
Sep 2010035,70172.633.98$142,071
Aug 2010032,02273.684.42$141,517
Jul 2010037,47272.554.74$177,486
Jun 2010044,20770.364.91$217,074
May 2010062,64371.124.24$265,307

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                4,388 Mcf  × $  3.05 =    $13,365

────────────────────────────────────────────────────
Month total                                  $13,365

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/257601 is the state's own key, not one this site invented.