MILBURN 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 261325District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.8 M
Oct 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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
CondensateDisposition1,652 bbl$103,548
GasProduction755,016 Mcf$2,735,200
Total$2,838,748

Every month this lease reported (188)

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

188 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20253062.363.54$187
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20243071.372.28$214
Sep 2024013069.612.36$307
Aug 2024018875.632.06$388
Jul 2024018879.932.15$404
Jun 2024052578.082.63$1,383
May 2024079278.812.20$1,741
Apr 2024034084.451.66$564
Mar 2024037480.301.55$578
Feb 2024093476.091.78$1,666
Jan 202401073.023.30$33
Dec 202303871.262.61$99
Nov 2023055577.892.81$1,558
Oct 2023018585.443.09$571
Sep 2023043689.042.74$1,192
Aug 2023081780.522.67$2,184
Jul 20231254374.852.64$2,333
Jun 2023040568.962.26$915
May 2023040270.622.23$895
Apr 2023052778.122.24$1,179
Mar 2023051472.852.39$1,230
Feb 2023025475.112.47$626
Jan 2023047376.533.39$1,602
Dec 2022055176.415.73$3,157
Nov 2022053585.005.65$3,021
Oct 2022060687.185.86$3,553
Sep 2022055484.888.16$4,523
Aug 2022071394.529.13$6,508
Jul 20220548101.587.54$4,133
Jun 20220565115.097.98$4,507
May 20220514109.378.43$4,335
Apr 20220588104.226.84$4,021
Mar 20220608108.885.08$3,086
Feb 2022022591.054.86$1,093
Jan 20220081.844.54$0
Dec 2021925271.323.90$1,624
Nov 2021024077.435.24$1,257
Oct 2021027479.795.71$1,566
Sep 2021023369.865.35$1,247
Aug 20214927166.024.22$4,379
Jul 2021026170.783.98$1,039
Jun 2021027369.493.38$923
May 2021041263.483.02$1,243
Apr 2021073460.362.76$2,025
Mar 2021065061.302.72$1,766
Feb 20212937357.805.55$3,746
Jan 2021056450.412.81$1,585
Dec 2020069744.642.68$1,865
Nov 2020066338.772.71$1,794
Oct 2020069936.972.48$1,732
Sep 20202973537.091.99$2,539
Aug 2020078439.982.39$1,870
Jul 2020081938.371.83$1,495
Jun 2020070034.901.69$1,183
May 2020069216.921.81$1,256
Apr 2020034514.751.80$623
Mar 20204261230.341.86$2,410
Feb 2020057049.881.98$1,129
Jan 2020057857.252.09$1,211
Dec 2019091559.012.30$2,108
Nov 2019055155.302.75$1,516
Oct 201902,24353.472.42$5,425
Sep 201902,19955.052.66$5,843
Aug 201902,10053.112.30$4,839
Jul 201901,73456.272.46$4,266
Jun 2019053852.782.49$1,340
May 2019038558.482.74$1,055
Apr 2019087662.632.75$2,410
Mar 201901,51456.803.06$4,636
Feb 2019016050.852.79$447
Jan 2019018446.033.23$594
Dec 2018041846.594.19$1,750
Nov 2018026152.934.24$1,106
Oct 2018939661.443.40$1,899
Sep 201847525059.543.11$29,059
Aug 20183724759.403.07$2,955
Jul 20188822265.142.93$6,383
Jun 20183423860.183.08$2,778
May 2018027965.382.90$809
Apr 2018018063.842.90$522
Mar 20183418161.222.79$2,586
Feb 2018017861.782.77$492
Jan 2018017262.874.01$690
Dec 2017020557.272.92$599
Nov 2017997355.423.12$3,533
Oct 201702,81749.292.98$8,405
Sep 2017123,44447.523.09$11,203
Aug 2017086145.373.00$2,587
Jul 201704543.873.09$139
Jun 20170042.493.09$0
May 201769545.373.26$3,147
Apr 201707147.933.21$228
Mar 2017012346.772.98$367
Feb 2017014950.452.95$440
Jan 2017015349.413.42$523
Dec 2016018648.763.72$692
Nov 20165119842.492.64$2,691
Oct 2016013146.193.09$405
Sep 2016321441.553.10$788
Aug 2016021541.442.92$629
Jul 2016129241.622.92$768
Jun 201660045.352.69$2,721
May 20160042.521.99$0
Apr 2016013536.561.99$269
Mar 2016015433.011.79$276
Feb 20166114326.472.06$1,910
Jan 201627927.352.36$241
Dec 2015017032.362.00$340
Nov 2015019838.792.17$429
Oct 20156192143.552.43$4,891
Sep 201501,88342.992.76$5,194
Aug 201503,35440.162.87$9,634
Jul 201504,74748.152.95$13,980
Jun 2015345,22656.152.88$16,975
May 2015010555.212.96$310
Apr 2015014249.822.71$384
Mar 2015023042.892.93$675
Feb 2015017044.662.98$506
Jan 201501,50543.433.10$4,666
Dec 201402,04654.693.59$7,348
Nov 201401,91270.464.25$8,130
Oct 2014593,82478.303.90$19,537
Sep 2014364,20086.164.05$20,093
Aug 201405,64289.394.04$22,766
Jul 201405,14296.564.18$21,492
Jun 201403,65998.164.74$17,332
May 2014281394.734.73$2,714
Apr 20140295.944.81$10
Mar 2014010595.895.06$531
Feb 201408197.406.19$502
Jan 201451,22890.404.86$6,421
Dec 201301,19491.824.35$5,199
Nov 20130788.853.74$26
Oct 20135697.423.78$510
Sep 201300104.113.72$0
Aug 201303,886104.253.52$13,689
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201317326593.623.91$17,233
Feb 201303291.233.42$109
Jan 2013076691.603.42$2,620
Dec 201205,46586.773.42$18,691
Nov 2012013,30486.953.62$48,226
Oct 2012022,38389.383.40$76,095
Sep 2012122,13894.672.92$64,702
Aug 2012416,70692.662.91$48,954
Jul 2012014,01285.133.02$42,327
Jun 2012015,87879.822.52$39,997
May 2012018,32191.612.49$45,589
Apr 2012020,303101.652.00$40,541
Mar 2012018,322105.052.22$40,713
Feb 2012022,413101.102.57$57,607
Jan 201208,68798.092.73$23,751
Dec 2011011,09996.873.24$35,958
Nov 2011020,35395.723.31$67,394
Oct 2011021,29984.983.65$77,710
Sep 201111427,80483.623.99$120,354
Aug 2011016,06983.404.15$66,675
Jul 2011023,74194.144.52$107,244
Jun 2011022,83092.904.64$105,928
May 2011026,50598.134.40$116,750
Apr 2011022,841105.964.33$98,976
Mar 2011037,59696.364.06$152,540
Feb 2011025,49085.644.18$106,548
Jan 2011033,85486.504.59$155,349
Dec 2010049,31385.734.35$214,401
Nov 2010055,89680.843.80$212,144
Oct 2010055,85178.103.51$195,975

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.

Apr 2025 — as filed, then multipliedworked
Condensate             3 bbl  × $ 62.36 =       $187
Gas                    0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                     $187

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/261325 is the state's own key, not one this site invented.