LAXSON

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 261164District 09Field 65280200CondensateGasSaveExport
Value, all time
$17.6 M
Jun 2011 – May 2026
Value, last 12 filed months
$366 k
at the published price for each month
Months reported
180
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
CondensateDisposition47 bbl$1,888
GasProduction5,397,978 Mcf$17,581,185
Total$17,583,072

Every month this lease reported (180)

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

180 months

May 2026014,942106.413.05$45,511
Apr 2026015,42798.932.87$44,271
Mar 2026016,58589.753.15$52,233
Feb 2026014,34763.503.75$53,806
Jan 202603,20759.138.00$25,649
Dec 202504,95756.664.41$21,877
Nov 2025010,17758.593.93$39,959
Oct 202501,06059.383.30$3,503
Sep 202505,54162.743.08$17,049
Aug 202505,58763.933.01$16,843
Jul 202506,42466.743.32$21,297
Jun 202507,72066.483.13$24,154
May 2025011,76660.553.23$38,031
Apr 2025016,02162.363.54$56,764
Mar 2025012,73167.704.27$54,340
Feb 2025010,07370.884.34$43,725
Jan 2025017,69674.324.28$75,716
Dec 2024018,81268.993.12$58,719
Nov 2024018,72869.052.20$41,172
Oct 2024014,88371.372.28$33,954
Sep 2024017,25069.612.36$40,785
Aug 2024016,18075.632.06$33,390
Jul 2024019,51279.932.15$41,884
Jun 2024017,94178.082.63$47,256
May 2024017,38678.812.20$38,222
Apr 2024017,99784.451.66$29,861
Mar 2024020,62780.301.55$31,871
Feb 2024016,21576.091.78$28,922
Jan 2024019,70673.023.30$64,984
Dec 2023012,89171.262.61$33,655
Nov 2023011,54077.892.81$32,399
Oct 2023023,89585.443.09$73,771
Sep 2023018,36489.042.74$50,226
Aug 2023017,27280.522.67$46,166
Jul 2023020,45874.852.64$54,046
Jun 2023018,55968.962.26$41,915
May 2023019,40270.622.23$43,216
Apr 2023018,19078.122.24$40,705
Mar 2023015,76772.852.39$37,733
Feb 2023014,93275.112.47$36,818
Jan 2023018,69176.533.39$63,320
Dec 2022016,86576.415.73$96,621
Nov 2022018,86885.005.65$106,533
Oct 2022016,51087.185.86$96,811
Sep 2022017,63184.888.16$143,934
Aug 2022017,01294.529.13$155,271
Jul 2022016,273101.587.54$122,732
Jun 2022016,410115.097.98$130,906
May 2022019,084109.378.43$160,936
Apr 2022017,702104.226.84$121,039
Mar 2022019,828108.885.08$100,655
Feb 2022017,64791.054.86$85,744
Jan 2022019,87281.844.54$90,173
Dec 2021018,64571.323.90$72,699
Nov 2021017,31977.435.24$90,697
Oct 2021020,35279.795.71$116,289
Sep 2021019,40469.865.35$103,829
Aug 2021022,16766.024.22$93,558
Jul 2021022,93470.783.98$91,325
Jun 2021022,68569.493.38$76,689
May 2021023,81163.483.02$71,854
Apr 2021022,14960.362.76$61,096
Mar 2021027,22061.302.72$73,955
Feb 2021020,07557.805.55$111,375
Jan 2021022,69850.412.81$63,788
Dec 2020022,29044.642.68$59,636
Nov 2020018,77538.772.71$50,816
Oct 202001,33436.972.48$3,306
Sep 20200037.091.99$0
Aug 2020017,23939.982.39$41,117
Jul 2020019,94238.371.83$36,397
Jun 2020018,44734.901.69$31,181
May 2020023,80416.921.81$43,198
Apr 2020017,81114.751.80$32,138
Mar 2020026,47930.341.86$49,151
Feb 2020028,88149.881.98$57,204
Jan 2020029,18857.252.09$61,141
Dec 2019028,00559.012.30$64,534
Nov 2019027,83255.302.75$76,557
Oct 2019028,67253.472.42$69,344
Sep 2019026,25155.052.66$69,756
Aug 2019027,51353.112.30$63,400
Jul 2019026,71356.272.46$65,716
Jun 2019026,32052.782.49$65,568
May 2019028,28658.482.74$77,513
Apr 2019026,33862.632.75$72,448
Mar 2019027,13856.803.06$83,099
Feb 2019024,97050.852.79$69,722
Jan 2019029,98146.033.23$96,784
Dec 2018029,25846.594.19$122,458
Nov 2018030,25452.934.24$128,193
Oct 2018029,63961.443.40$100,716
Sep 2018026,60159.543.11$82,676
Aug 2018029,82659.403.07$91,463
Jul 2018030,63965.142.93$89,830
Jun 2018028,56760.183.08$87,898
May 2018031,18565.382.90$90,461
Apr 2018031,31863.842.90$90,847
Mar 2018032,86661.222.79$91,592
Feb 2018029,82361.782.77$82,494
Jan 2018032,04262.874.01$128,467
Dec 2017032,34457.272.92$94,494
Nov 2017035,54555.423.12$110,842
Oct 2017036,12749.292.98$107,791
Sep 2017034,63847.523.09$106,937
Aug 2017036,38645.373.00$109,318
Jul 2017031,40243.873.09$96,947
Jun 2017036,05642.493.09$111,315
May 2017036,54545.373.26$119,261
Apr 2017039,63147.933.21$127,279
Mar 2017041,28446.772.98$123,178
Feb 2017038,17350.452.95$112,710
Jan 2017043,15049.413.42$147,521
Dec 2016043,77948.763.72$162,982
Nov 2016044,65442.492.64$118,081
Oct 2016051,62246.193.09$159,525
Sep 2016051,49141.553.10$159,655
Aug 2016057,34641.442.92$167,699
Jul 2016061,73441.622.92$180,531
Jun 2016068,98645.352.69$185,285
May 2016088,12142.521.99$175,452
Apr 2016015,31336.561.99$30,489
Mar 2016066,01033.011.79$118,423
Feb 2016019,52426.472.06$40,290
Jan 201603,37127.352.36$7,970
Dec 2015036,74232.362.00$73,536
Nov 2015018,99538.792.17$41,168
Oct 2015035,02443.552.43$84,989
Sep 2015040,56742.992.76$111,901
Aug 20154742,94740.162.87$125,252
Jul 2015043,16948.152.95$127,136
Jun 2015035,85756.152.88$103,371
May 2015042,29555.212.96$125,001
Apr 2015042,26349.822.71$114,388
Mar 2015043,15442.892.93$126,644
Feb 2015096044.662.98$2,857
Jan 2015045,43543.433.10$140,877
Dec 2014045,28354.693.59$162,628
Nov 2014043,49870.464.25$184,947
Oct 2014048,66578.303.90$189,840
Sep 2014047,34686.164.05$191,535
Aug 2014045,91389.394.04$185,264
Jul 2014043,15196.564.18$180,354
Jun 2014031,89698.164.74$151,088
May 2014045,16794.734.73$213,485
Apr 2014054,41495.944.81$261,683
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013072,88688.853.74$272,468
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013011,448104.253.52$40,327
Jul 2013020,577102.523.72$76,500
Jun 2013022,45394.403.93$88,317
May 2013065,51994.834.15$271,844
Apr 2013071,50193.964.28$306,209
Mar 2013073,37993.623.91$287,122
Feb 2013070,20391.233.42$240,088
Jan 2013080,51391.603.42$275,347
Dec 2012072,20386.773.42$246,946
Nov 2012070,58486.953.62$255,864
Oct 2012084,23589.383.40$286,372
Sep 2012078,98494.672.92$230,507
Aug 2012042,89792.662.91$124,751
Jul 2012046,15085.133.02$139,410
Jun 2012047,29079.822.52$119,125
May 2012053,63191.612.49$133,451
Apr 2012054,505101.652.00$108,836
Mar 2012060,626105.052.22$134,716
Feb 2012060,368101.102.57$155,160
Jan 2012071,54298.092.73$195,602
Dec 2011078,37696.873.24$253,918
Nov 2011085,70995.723.31$283,807
Oct 20110108,19884.983.65$394,765
Sep 2011061,38183.623.99$244,652
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas               14,942 Mcf  × $  3.05 =    $45,511

────────────────────────────────────────────────────
Month total                                  $45,511

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/261164 is the state's own key, not one this site invented.