DR. BOB SMITH B EAST

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 260292District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Jan 2011 – Oct 2022
Value, last 12 filed months
$619 k
at the published price for each month
Months reported
142
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 Gas112011-10-31203368
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
CondensateDisposition89 bbl$8,135
GasProduction3,777,265 Mcf$13,030,032
Total$13,038,167

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 33.0255, -97.1071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02548, -97.10710 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,180 ft
1 wells filed one
Completion to plug
11.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,180 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-121340877H8,180 ftJan 2011Oct 2022Yes

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 (142)

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

142 months

Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202206,806115.097.98$54,293
May 2022015,591109.378.43$131,480
Apr 2022014,753104.226.84$100,875
Mar 2022015,042108.885.08$76,359
Feb 2022011,92691.054.86$57,947
Jan 2022014,22681.844.54$64,553
Dec 2021015,22571.323.90$59,364
Nov 2021014,12577.435.24$73,971
Oct 2021014,03279.795.71$80,177
Sep 2021015,15269.865.35$81,077
Aug 2021013,63366.024.22$57,539
Jul 2021014,54370.783.98$57,911
Jun 2021015,22069.493.38$51,453
May 2021016,22863.483.02$48,971
Apr 2021015,65460.362.76$43,180
Mar 2021015,43761.302.72$41,941
Feb 202109,90857.805.55$54,969
Jan 2021016,45650.412.81$46,246
Dec 2020015,96044.642.68$42,700
Nov 2020015,81838.772.71$42,813
Oct 2020016,72636.972.48$41,454
Sep 2020015,36037.091.99$30,582
Aug 2020018,54339.982.39$44,227
Jul 2020018,44438.371.83$33,663
Jun 2020016,41134.901.69$27,740
May 2020017,96116.921.81$32,595
Apr 2020017,59214.751.80$31,743
Mar 2020016,65830.341.86$30,921
Feb 2020014,17149.881.98$28,068
Jan 2020016,48957.252.09$34,540
Dec 2019017,29159.012.30$39,845
Nov 2019017,36355.302.75$47,760
Oct 2019017,87453.472.42$43,229
Sep 2019017,84855.052.66$47,427
Aug 2019018,83353.112.30$43,398
Jul 2019018,75856.272.46$46,146
Jun 2019018,81452.782.49$46,869
May 2019019,21558.482.74$52,655
Apr 2019018,31662.632.75$50,382
Mar 2019019,05856.803.06$58,358
Feb 2019016,78250.852.79$46,859
Jan 2019019,29746.033.23$62,294
Dec 2018019,67046.594.19$82,328
Nov 2018019,18652.934.24$81,296
Oct 2018019,45261.443.40$66,099
Sep 2018019,24659.543.11$59,817
Aug 2018018,60459.403.07$57,050
Jul 2018018,79965.142.93$55,116
Jun 2018018,46660.183.08$56,818
May 2018019,68065.382.90$57,088
Apr 2018019,03763.842.90$55,223
Mar 2018020,51161.222.79$57,161
Feb 2018017,97061.782.77$49,707
Jan 2018019,42262.874.01$77,869
Dec 2017020,23357.272.92$59,111
Nov 2017019,41155.423.12$60,530
Oct 2017020,95149.292.98$62,511
Sep 2017014,93047.523.09$46,093
Aug 2017021,69145.373.00$65,168
Jul 2017022,65443.873.09$69,939
Jun 2017021,91142.493.09$67,645
May 2017023,26745.373.26$75,930
Apr 2017023,51547.933.21$75,521
Mar 2017024,51046.772.98$73,130
Feb 2017022,46250.452.95$66,321
Jan 2017019,33449.413.42$66,099
Dec 2016019,70048.763.72$73,340
Nov 2016019,97542.492.64$52,821
Oct 2016020,92446.193.09$64,661
Sep 2016019,31741.553.10$59,895
Aug 2016020,38841.442.92$59,621
Jul 2016021,08741.622.92$61,666
Jun 2016020,60845.352.69$55,350
May 2016022,93342.521.99$45,661
Apr 2016023,10536.561.99$46,003
Mar 2016024,66733.011.79$44,253
Feb 2016023,72526.472.06$48,960
Jan 2016024,91327.352.36$58,903
Dec 2015020,18532.362.00$40,398
Nov 2015015,00838.792.17$32,527
Oct 2015018,75443.552.43$45,508
Sep 2015018,33142.992.76$50,565
Aug 2015018,72140.162.87$53,776
Jul 2015020,26948.152.95$59,694
Jun 2015020,49656.152.88$59,087
May 2015021,96055.212.96$64,902
Apr 2015021,65249.822.71$58,603
Mar 2015020,14842.892.93$59,129
Feb 2015019,47944.662.98$57,973
Jan 20151423,72843.433.10$74,180
Dec 2014022,56754.693.59$81,046
Nov 2014022,45370.464.25$95,467
Oct 2014024,58378.303.90$95,897
Sep 2014023,34986.164.05$94,457
Aug 2014025,87389.394.04$104,401
Jul 2014025,27496.564.18$105,635
Jun 2014025,37898.164.74$120,213
May 2014025,53394.734.73$120,683
Apr 2014025,27495.944.81$121,546
Mar 2014225,55595.895.06$129,418
Feb 2014023,42497.406.19$145,041
Jan 2014025,95190.404.86$126,141
Dec 2013625,98091.824.35$113,680
Nov 2013025,69788.853.74$96,063
Oct 2013027,38897.423.78$103,509
Sep 20134827,564104.113.72$107,473
Aug 2013229,890104.253.52$105,499
Jul 2013030,991102.523.72$115,216
Jun 2013030,43494.403.93$119,709
May 2013032,77194.834.15$135,970
Apr 2013033,05293.964.28$141,548
Mar 20131034,87393.623.91$137,390
Feb 2013032,20991.233.42$110,152
Jan 2013036,75891.603.42$125,709
Dec 2012037,51186.773.42$128,294
Nov 2012038,13086.953.62$138,220
Oct 2012040,60589.383.40$138,044
Sep 2012440,44094.672.92$118,399
Aug 2012041,17492.662.91$119,741
Jul 2012242,62585.133.02$128,932
Jun 2012049,93279.822.52$125,781
May 2012050,48291.612.49$125,615
Apr 2012050,834101.652.00$101,505
Mar 2012054,612105.052.22$121,352
Feb 2012052,614101.102.57$135,231
Jan 2012059,37198.092.73$162,325
Dec 2011062,42896.873.24$202,250
Nov 2011062,45795.723.31$206,813
Oct 2011069,67284.983.65$254,201
Sep 2011072,74783.623.99$289,955
Aug 2011060,46383.404.15$250,880
Jul 2011086,46194.144.52$390,565
Jun 2011192,11592.904.64$427,495
May 20110109,53498.134.40$482,478
Apr 20110129,030105.964.33$559,123
Mar 20110152,68396.364.06$619,487
Feb 20110085.644.18$0
Jan 20110086.504.59$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.

Jun 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                6,806 Mcf  × $  7.98 =    $54,293

────────────────────────────────────────────────────
Month total                                  $54,293

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/260292 is the state's own key, not one this site invented.