BUSEY-GAST 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 261425District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Mar 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 Gas112012-01-25204489
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
CondensateDisposition2,087 bbl$180,507
GasProduction239,305 Mcf$857,275
Total$1,037,782

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 33.2281, -97.6473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22811, -97.64729 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,227 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 7,227 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-497371304H7,227 ftMar 2011

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 (183)

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

183 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 20251062.363.54$62
Mar 20255067.704.27$339
Feb 2025116070.884.34$8,222
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 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201907658.482.74$208
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018014060.183.08$431
May 201801,56365.382.90$4,534
Apr 201801,49463.842.90$4,334
Mar 2018291,16561.222.79$5,022
Feb 201801,14061.782.77$3,153
Jan 2018058162.874.01$2,329
Dec 201702657.272.92$76
Nov 2017027255.423.12$848
Oct 2017073249.292.98$2,184
Sep 2017097747.523.09$3,016
Aug 2017030945.373.00$928
Jul 2017061043.873.09$1,883
Jun 201701,73142.493.09$5,344
May 201701,40645.373.26$4,588
Apr 201701,15947.933.21$3,722
Mar 2017098046.772.98$2,924
Feb 201701,49950.452.95$4,426
Jan 2017099549.413.42$3,402
Dec 201601,23248.763.72$4,587
Nov 20161251,34242.492.64$8,860
Oct 201601,85946.193.09$5,745
Sep 201601,63041.553.10$5,054
Aug 201601,49741.442.92$4,378
Jul 201601,82341.622.92$5,331
Jun 201602,02145.352.69$5,428
May 201602,31442.521.99$4,607
Apr 201601,94336.561.99$3,869
Mar 201602,17933.011.79$3,909
Feb 201601,67426.472.06$3,455
Jan 201601,84927.352.36$4,372
Dec 2015921,88032.362.00$6,740
Nov 201502,15438.792.17$4,668
Oct 201502,00643.552.43$4,868
Sep 201501,90242.992.76$5,247
Aug 201502,25940.162.87$6,489
Jul 201501,95748.152.95$5,764
Jun 2015026856.152.88$773
May 201505155.212.96$151
Apr 2015057749.822.71$1,562
Mar 20150642.892.93$18
Feb 201501,15944.662.98$3,449
Jan 201501,76743.433.10$5,479
Dec 201401,26854.693.59$4,554
Nov 201401,14270.464.25$4,856
Oct 2014621,02178.303.90$8,837
Sep 2014055886.164.05$2,257
Aug 2014090289.394.04$3,640
Jul 201401,27396.564.18$5,321
Jun 20144197398.164.74$8,634
May 201401,62894.734.73$7,695
Apr 201402,24795.944.81$10,806
Mar 201401,45095.895.06$7,332
Feb 201403,11497.406.19$19,282
Jan 201402,94890.404.86$14,329
Dec 201301,94391.824.35$8,461
Nov 2013672,15988.853.74$14,024
Oct 2013562,02797.423.78$13,116
Sep 201303,089104.113.72$11,484
Aug 201302,761104.253.52$9,726
Jul 201302,679102.523.72$9,960
Jun 2013882,48694.403.93$18,086
May 2013112,48594.834.15$11,354
Apr 201302,95893.964.28$12,668
Mar 201304,58893.623.91$17,952
Feb 201301,82091.233.42$6,224
Jan 2013642,71291.603.42$15,137
Dec 201202,07386.773.42$7,090
Nov 201202,56486.953.62$9,294
Oct 2012943,81989.383.40$21,385
Sep 2012443,43194.672.92$14,179
Aug 201203,21492.662.91$9,347
Jul 201204,22685.133.02$12,766
Jun 2012714,19079.822.52$16,222
May 2012544,45591.612.49$16,032
Apr 20121843,844101.652.00$26,379
Mar 201203,670105.052.22$8,155
Feb 201204,435101.102.57$11,399
Jan 201204,17298.092.73$11,407
Dec 201106,05996.873.24$19,630
Nov 20111837,74495.723.31$43,159
Oct 201105,36084.983.65$19,556
Sep 201107,17183.623.99$28,582
Aug 20111509,05083.404.15$50,061
Jul 2011010,49194.144.52$47,390
Jun 201118311,94492.904.64$72,419
May 201118913,02598.134.40$75,919
Apr 201117818,711105.964.33$99,941
Mar 201101,22296.364.06$4,958

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             1 bbl  × $ 62.36 =        $62
Gas                    0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                      $62

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/261425 is the state's own key, not one this site invented.