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 261391District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
Apr 2011 – May 2026
Value, last 12 filed months
$109 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
CondensateDisposition36 bbl$1,568
GasProduction2,724,762 Mcf$9,290,817
Total$9,292,385

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 202607,466106.413.05$22,740
Apr 202606,40998.932.87$18,392
Mar 202605,85589.753.15$18,440
Feb 202604,96563.503.75$18,620
Jan 202602,84359.138.00$22,738
Dec 2025078956.664.41$3,482
Nov 2025050958.593.93$1,999
Oct 20250059.383.30$0
Sep 202507462.743.08$228
Aug 202508963.933.01$268
Jul 2025059466.743.32$1,969
Jun 2025010166.483.13$316
May 20250060.553.23$0
Apr 20250062.363.54$0
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 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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202203,90285.005.65$22,031
Oct 202202,28587.185.86$13,399
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20220657115.097.98$5,241
May 202201,993109.378.43$16,807
Apr 202203,592104.226.84$24,561
Mar 202204,035108.885.08$20,483
Feb 202203,37191.054.86$16,379
Jan 202204,37081.844.54$19,830
Dec 202109,14571.323.90$35,657
Nov 202104,24077.435.24$22,204
Oct 202106,77179.795.71$38,689
Sep 202101,81369.865.35$9,701
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202102,22460.362.76$6,135
Mar 202103,36261.302.72$9,134
Feb 202108,58457.805.55$47,624
Jan 2021010,00150.412.81$28,106
Dec 202005,64544.642.68$15,103
Nov 202009,04138.772.71$24,470
Oct 202007,98136.972.48$19,780
Sep 202008,41637.091.99$16,757
Aug 202008,90639.982.39$21,242
Jul 202009,03338.371.83$16,486
Jun 202008,70134.901.69$14,707
May 2020010,07916.921.81$18,291
Apr 2020010,98514.751.80$19,821
Mar 2020012,31430.341.86$22,858
Feb 2020012,47449.881.98$24,707
Jan 2020011,49357.252.09$24,075
Dec 2019013,26759.012.30$30,572
Nov 2019013,45255.302.75$37,002
Oct 2019013,33553.472.42$32,251
Sep 2019014,57355.052.66$38,725
Aug 2019011,91353.112.30$27,452
Jul 2019013,64356.272.46$33,563
Jun 2019014,50452.782.49$36,132
May 2019019,36158.482.74$53,055
Apr 2019020,48262.632.75$56,340
Mar 2019013,53256.803.06$41,436
Feb 2019010,28850.852.79$28,726
Jan 201905,22146.033.23$16,854
Dec 2018040646.594.19$1,699
Nov 2018010352.934.24$436
Oct 201804,72661.443.40$16,059
Sep 201806,45459.543.11$20,059
Aug 2018012,63359.403.07$38,740
Jul 2018010,14465.142.93$29,741
Jun 2018018,12460.183.08$55,766
May 2018018,51065.382.90$53,694
Apr 2018020,67963.842.90$59,986
Mar 2018022,63361.222.79$63,075
Feb 2018024,44061.782.77$67,604
Jan 2018027,70162.874.01$111,062
Dec 2017026,67157.272.92$77,920
Nov 2017017,01155.423.12$53,046
Oct 2017027,84949.292.98$83,093
Sep 2017026,69947.523.09$82,427
Aug 2017027,65345.373.00$83,081
Jul 2017027,99543.873.09$86,428
Jun 2017020,57942.493.09$63,533
May 2017020,99145.373.26$68,502
Apr 2017019,75247.933.21$63,436
Mar 2017013,27246.772.98$39,599
Feb 2017010,80150.452.95$31,891
Jan 2017015,37449.413.42$52,561
Dec 201604,10848.763.72$15,293
Nov 201601,19342.492.64$3,155
Oct 20160046.193.09$0
Sep 201602,96941.553.10$9,206
Aug 201604,61441.442.92$13,493
Jul 201602,52741.622.92$7,390
Jun 201601,08445.352.69$2,911
May 201605,08342.521.99$10,120
Apr 2016016,68636.561.99$33,222
Mar 2016023,84633.011.79$42,780
Feb 2016022,36626.472.06$46,155
Jan 2016024,63127.352.36$58,237
Dec 2015029,49932.362.00$59,040
Nov 2015026,91638.792.17$58,336
Oct 20153624,57743.552.43$61,206
Sep 2015017,36542.992.76$47,900
Aug 2015022,20240.162.87$63,775
Jul 2015027,64648.152.95$81,420
Jun 2015025,36556.152.88$73,124
May 2015031,78155.212.96$93,927
Apr 2015029,24149.822.71$79,143
Mar 2015029,58442.892.93$86,820
Feb 2015029,81144.662.98$88,723
Jan 2015023,16243.433.10$71,817
Dec 201404,86754.693.59$17,479
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014012,93496.564.18$54,059
Jun 2014022,72098.164.74$107,622
May 2014020,48894.734.73$96,838
Apr 2014019,33895.944.81$92,999
Mar 201409,06095.895.06$45,815
Feb 2014019,55797.406.19$121,097
Jan 2014024,10990.404.86$117,187
Dec 2013025,01491.824.35$108,923
Nov 2013025,21888.853.74$94,272
Oct 2013027,36597.423.78$103,422
Sep 2013027,898104.113.72$103,718
Aug 2013032,583104.253.52$114,777
Jul 2013033,466102.523.72$124,418
Jun 2013033,76494.403.93$132,808
May 2013033,86094.834.15$140,488
Apr 201309,84193.964.28$42,145
Mar 201302093.623.91$78
Feb 2013023,48691.233.42$80,320
Jan 2013037,82191.603.42$129,344
Dec 2012035,32186.773.42$120,803
Nov 2012034,97686.953.62$126,787
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012047,98079.822.52$120,864
May 20120091.612.49$0
Apr 2012053,763101.652.00$107,354
Mar 2012061,771105.052.22$137,260
Feb 2012041,249101.102.57$106,020
Jan 2012011,61898.092.73$31,765
Dec 2011084,09396.873.24$272,439
Nov 2011041,84595.723.31$138,561
Oct 2011041,84584.983.65$152,673
Sep 2011070,08983.623.99$279,361
Aug 2011088,44783.404.15$366,995
Jul 2011095,15094.144.52$429,815
Jun 20110110,54292.904.64$512,902
May 20110137,24498.134.40$604,535
Apr 2011099,286105.964.33$430,234

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                7,466 Mcf  × $  3.05 =    $22,740

────────────────────────────────────────────────────
Month total                                  $22,740

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/261391 is the state's own key, not one this site invented.