STEEPLES

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 260855District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.6 M
Apr 2011 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
182
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
CondensateDisposition101 bbl$5,123
GasProduction2,783,252 Mcf$9,545,093
Total$9,550,216

Every month this lease reported (182)

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

182 months

May 202603,887106.413.05$11,839
Apr 202602,97898.932.87$8,546
Mar 202603,34189.753.15$10,522
Feb 202601,83863.503.75$6,893
Jan 202602,74759.138.00$21,970
Dec 202502,23056.664.41$9,842
Nov 202502,74758.593.93$10,786
Oct 2025074859.383.30$2,472
Sep 20250562.743.08$15
Aug 202501963.933.01$57
Jul 2025042666.743.32$1,412
Jun 2025035566.483.13$1,111
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202507970.884.34$343
Jan 20250674.324.28$26
Dec 20240268.993.12$6
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202405184.451.66$85
Mar 202403,77080.301.55$5,825
Feb 202402,43876.091.78$4,349
Jan 202401,71173.023.30$5,642
Dec 202304,91571.262.61$12,832
Nov 202303,69977.892.81$10,385
Oct 202303,56885.443.09$11,015
Sep 202308,46389.042.74$23,147
Aug 202303,80980.522.67$10,181
Jul 202301,68674.852.64$4,454
Jun 202301,60568.962.26$3,625
May 20230070.622.23$0
Apr 202301,61478.122.24$3,612
Mar 202302,65272.852.39$6,347
Feb 202301,43375.112.47$3,533
Jan 202303,06676.533.39$10,387
Dec 202203,39776.415.73$19,462
Nov 202203,84685.005.65$21,715
Oct 202204,07887.185.86$23,912
Sep 202205,85684.888.16$47,807
Aug 202204,19194.529.13$38,252
Jul 202205,181101.587.54$39,076
Jun 202206,163115.097.98$49,163
May 202205,636109.378.43$47,529
Apr 202205,735104.226.84$39,214
Mar 202205,100108.885.08$25,890
Feb 202205,83391.054.86$28,342
Jan 202206,95281.844.54$31,546
Dec 202107,24371.323.90$28,241
Nov 202105,23577.435.24$27,415
Oct 202109,31479.795.71$53,219
Sep 202108,10169.865.35$43,348
Aug 202109,12966.024.22$38,530
Jul 202109,19570.783.98$36,615
Jun 202109,48369.493.38$32,058
May 202109,39963.483.02$28,363
Apr 2021010,19160.362.76$28,111
Mar 202107,98961.302.72$21,706
Feb 202105,27257.805.55$29,249
Jan 202104,46550.412.81$12,548
Dec 202005,29344.642.68$14,161
Nov 202007,86238.772.71$21,279
Oct 202007,43436.972.48$18,425
Sep 202008,65437.091.99$17,230
Aug 202009,50639.982.39$22,673
Jul 202008,77038.371.83$16,006
Jun 202009,83434.901.69$16,623
May 2020011,45116.921.81$20,781
Apr 2020010,95614.751.80$19,769
Mar 2020011,26130.341.86$20,903
Feb 2020012,93949.881.98$25,628
Jan 2020010,07657.252.09$21,107
Dec 201905,63259.012.30$12,978
Nov 201909,93355.302.75$27,323
Oct 2019010,78453.472.42$26,082
Sep 201901,88455.052.66$5,006
Aug 201907,67453.112.30$17,684
Jul 2019010,60256.272.46$26,082
Jun 2019011,60952.782.49$28,920
May 2019013,26958.482.74$36,361
Apr 2019014,54962.632.75$40,020
Mar 2019013,53856.803.06$41,455
Feb 201906,52050.852.79$18,205
Jan 20190046.033.23$0
Dec 201804,74646.594.19$19,864
Nov 2018015,38352.934.24$65,181
Oct 2018018,89261.443.40$64,197
Sep 2018012,78059.543.11$39,720
Aug 2018014,55359.403.07$44,628
Jul 2018013,43465.142.93$39,387
Jun 2018011,75660.183.08$36,172
May 2018010,70065.382.90$31,039
Apr 201806,47763.842.90$18,788
Mar 201805,66561.222.79$15,787
Feb 201807,78761.782.77$21,540
Jan 201806,28962.874.01$25,215
Dec 201708,58757.272.92$25,087
Nov 20176110,82255.423.12$37,128
Oct 2017020,27949.292.98$60,506
Sep 2017019,27347.523.09$59,501
Aug 2017016,60245.373.00$49,879
Jul 2017019,21843.873.09$59,331
Jun 2017019,79142.493.09$61,100
May 2017020,18845.373.26$65,882
Apr 2017020,62747.933.21$66,246
Mar 2017019,56546.772.98$58,376
Feb 2017015,92250.452.95$47,011
Jan 2017019,89649.413.42$68,020
Dec 2016021,62148.763.72$80,491
Nov 2016020,02342.492.64$52,948
Oct 2016019,37746.193.09$59,880
Sep 2016017,57441.553.10$54,490
Aug 2016019,46941.442.92$56,934
Jul 2016017,02241.622.92$49,778
Jun 2016018,30445.352.69$49,161
May 2016013,28242.521.99$26,445
Apr 2016011,64536.561.99$23,186
Mar 2016010,55133.011.79$18,929
Feb 201605,58226.472.06$11,519
Jan 2016020,66327.352.36$48,855
Dec 2015022,69432.362.00$45,420
Nov 2015016,38338.792.17$35,507
Oct 20154020,29343.552.43$50,985
Sep 2015080,86142.992.76$223,049
Aug 2015078,84840.162.87$226,490
Jul 2015066,88948.152.95$196,993
Jun 2015064,40756.152.88$185,676
May 2015073,44355.212.96$217,057
Apr 20150049.822.71$0
Mar 2015076,24342.892.93$223,751
Feb 2015037344.662.98$1,110
Jan 201506,75643.433.10$20,948
Dec 201402,75354.693.59$9,887
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014013,79696.564.18$57,662
Jun 201406,75198.164.74$31,979
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201407,44295.895.06$37,633
Feb 201403,27797.406.19$20,291
Jan 2014019,20290.404.86$93,336
Dec 2013018,74691.824.35$81,629
Nov 2013018,55288.853.74$69,353
Oct 2013021,25297.423.78$80,319
Sep 2013021,713104.113.72$80,723
Aug 2013026,238104.253.52$92,426
Jul 2013027,856102.523.72$103,561
Jun 2013028,51894.403.93$112,173
May 2013031,86894.834.15$132,223
Apr 2013033,74593.964.28$144,516
Mar 2013041,00993.623.91$160,463
Feb 2013038,51491.233.42$131,714
Jan 2013046,14591.603.42$157,812
Dec 2012019,51086.773.42$66,727
Nov 201203,80686.953.62$13,797
Oct 201201,05089.383.40$3,570
Sep 2012028594.672.92$832
Aug 201203492.662.91$99
Jul 201209885.133.02$296
Jun 201204,48079.822.52$11,285
May 2012031,20491.612.49$77,646
Apr 2012024,967101.652.00$49,854
Mar 2012036,008105.052.22$80,013
Feb 2012048,446101.102.57$124,518
Jan 2012041,69598.092.73$113,997
Dec 2011066,14496.873.24$214,289
Nov 201105,79795.723.31$19,195
Oct 2011033,57684.983.65$122,503
Sep 2011065,27483.623.99$260,169
Aug 2011083,11683.404.15$344,875
Jul 2011086,92394.144.52$392,652
Jun 20110102,46292.904.64$475,411
May 20110129,13298.134.40$568,803
Apr 20110107,431105.964.33$465,529

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                3,887 Mcf  × $  3.05 =    $11,839

────────────────────────────────────────────────────
Month total                                  $11,839

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/260855 is the state's own key, not one this site invented.