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 261497District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.0 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
CondensateDisposition1,401 bbl$105,492
GasProduction1,655,428 Mcf$5,892,174
Total$5,997,666

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 202590062.363.54$5,612
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024057469.052.20$1,262
Oct 202404,60271.372.28$10,499
Sep 202403,04069.612.36$7,188
Aug 202403,99475.632.06$8,242
Jul 202403,99479.932.15$8,573
Jun 202402,48678.082.63$6,548
May 202404,18978.812.20$9,209
Apr 202402,51184.451.66$4,166
Mar 202402,32280.301.55$3,588
Feb 202401,40176.091.78$2,499
Jan 202401,00473.023.30$3,311
Dec 202302,08971.262.61$5,454
Nov 202303,02277.892.81$8,484
Oct 202302,86385.443.09$8,839
Sep 202302,09589.042.74$5,730
Aug 202301,05480.522.67$2,817
Jul 2023902,68774.852.64$13,835
Jun 202303,65968.962.26$8,264
May 202303,22470.622.23$7,181
Apr 202303,09278.122.24$6,919
Mar 202303,82872.852.39$9,161
Feb 202302,25875.112.47$5,568
Jan 202301,83676.533.39$6,220
Dec 202202,73176.415.73$15,646
Nov 202203,05285.005.65$17,232
Oct 202204,31087.185.86$25,273
Sep 202203,93084.888.16$32,083
Aug 202205,11694.529.13$46,695
Jul 202204,639101.587.54$34,988
Jun 202205,679115.097.98$45,303
May 202206,783109.378.43$57,201
Apr 202205,362104.226.84$36,663
Mar 202205,818108.885.08$29,535
Feb 202204,78091.054.86$23,225
Jan 202201,21681.844.54$5,518
Dec 202106,77071.323.90$26,397
Nov 202108,46077.435.24$44,304
Oct 202107,27979.795.71$41,591
Sep 202107,09869.865.35$37,981
Aug 2021767,53866.024.22$36,832
Jul 202107,29170.783.98$29,033
Jun 202106,91469.493.38$23,374
May 202106,16663.483.02$18,607
Apr 202106,72360.362.76$18,545
Mar 202105,13161.302.72$13,941
Feb 2021574,95457.805.55$30,779
Jan 202107,11150.412.81$19,984
Dec 202006,71144.642.68$17,955
Nov 202005,27238.772.71$14,269
Oct 202005,51236.972.48$13,661
Sep 2020295,43537.091.99$11,897
Aug 202005,57239.982.39$13,290
Jul 202005,69738.371.83$10,398
Jun 202005,52934.901.69$9,346
May 202005,31416.921.81$9,644
Apr 202004,90614.751.80$8,852
Mar 2020424,40130.341.86$9,444
Feb 202004,32949.881.98$8,574
Jan 202005,10457.252.09$10,692
Dec 201905,40759.012.30$12,460
Nov 201906,12755.302.75$16,854
Oct 201904,99453.472.42$12,078
Sep 201905,34855.052.66$14,211
Aug 201904,88153.112.30$11,248
Jul 201906,18756.272.46$15,220
Jun 201903,36452.782.49$8,380
May 201904,83358.482.74$13,244
Apr 201906,16862.632.75$16,966
Mar 201905,75156.803.06$17,610
Feb 201905,11050.852.79$14,268
Jan 201906,62246.033.23$21,377
Dec 201806,59246.594.19$27,590
Nov 201807,01052.934.24$29,703
Oct 201827,30661.443.40$24,949
Sep 2018996,92659.543.11$27,420
Aug 201896,78159.403.07$21,329
Jul 2018218,47365.142.93$26,210
Jun 201888,54860.183.08$26,783
May 201807,76565.382.90$22,525
Apr 201808,24763.842.90$23,923
Mar 2018137,86761.222.79$22,720
Feb 201807,13161.782.77$19,725
Jan 201809,04862.874.01$36,276
Dec 201708,68757.272.92$25,379
Nov 201737,94255.423.12$24,932
Oct 201707,47749.292.98$22,309
Sep 2017187,11547.523.09$22,821
Aug 201707,36445.373.00$22,124
Jul 201706,58743.873.09$20,336
Jun 201708,28642.493.09$25,581
May 20172311,00945.373.26$36,970
Apr 201709,69647.933.21$31,140
Mar 201708,46246.772.98$25,248
Feb 201707,44850.452.95$21,991
Jan 201709,34249.413.42$31,938
Dec 201608,34748.763.72$31,074
Nov 2016258,97642.492.64$24,798
Oct 201609,05746.193.09$27,988
Sep 201629,06641.553.10$28,193
Aug 201609,29541.442.92$27,182
Jul 201699,90641.622.92$29,343
Jun 2016168,35345.352.69$23,160
May 2016010,05242.521.99$20,014
Apr 2016011,44336.561.99$22,783
Mar 2016011,68233.011.79$20,958
Feb 20161811,33726.472.06$23,872
Jan 2016112,82727.352.36$30,355
Dec 2015011,53532.362.00$23,086
Nov 2015010,04938.792.17$21,780
Oct 20151710,14943.552.43$25,368
Sep 201509,97242.992.76$27,507
Aug 2015010,42240.162.87$29,937
Jul 2015010,14648.152.95$29,881
Jun 2015218,29156.152.88$25,081
May 2015010,79955.212.96$31,916
Apr 2015013,51849.822.71$36,587
Mar 2015014,22242.892.93$41,737
Feb 201509,15744.662.98$27,253
Jan 2015011,10343.433.10$34,426
Dec 2014012,79654.693.59$45,955
Nov 2014011,90470.464.25$50,614
Oct 20141812,17078.303.90$48,884
Sep 20142311,74586.164.05$49,495
Aug 2014012,19189.394.04$49,192
Jul 2014012,38196.564.18$51,748
Jun 2014012,12498.164.74$57,430
May 20144415,08194.734.73$75,449
Apr 2014016,04995.944.81$77,182
Mar 2014017,80395.895.06$90,026
Feb 2014015,54097.406.19$96,224
Jan 201417016,14790.404.86$93,854
Dec 2013014,33491.824.35$62,417
Nov 2013016,35988.853.74$61,155
Oct 2013315,37797.423.78$58,407
Sep 2013016,890104.113.72$62,793
Aug 2013015,516104.253.52$54,657
Jul 2013010,110102.523.72$37,586
Jun 2013015,13894.403.93$59,544
May 2013015,90894.834.15$66,004
Apr 2013014,79993.964.28$63,378
Mar 2013209,23893.623.91$38,019
Feb 201318,93591.233.42$30,648
Jan 201303,07991.603.42$10,530
Dec 2012013,23186.773.42$45,252
Nov 2012010,05386.953.62$36,442
Oct 201209,73989.383.40$33,109
Sep 201217412,08894.672.92$51,750
Aug 2012114,78492.662.91$43,087
Jul 2012018,20285.133.02$54,985
Jun 2012015,92479.822.52$40,113
May 2012013,22791.612.49$32,913
Apr 201217916,312101.652.00$50,767
Mar 2012016,779105.052.22$37,284
Feb 2012011,937101.102.57$30,681
Jan 2012014,27998.092.73$39,040
Dec 2011014,81596.873.24$47,997
Nov 2011018,21195.723.31$60,302
Oct 2011020,74084.983.65$75,671
Sep 20117916,52183.623.99$72,455
Aug 2011016,80083.404.15$69,709
Jul 2011024,11894.144.52$108,947
Jun 2011027,87992.904.64$129,355
May 2011032,36598.134.40$142,562
Apr 2011027,892105.964.33$120,864
Mar 2011027,81796.364.06$112,863
Feb 2011026,31685.644.18$110,000
Jan 2011031,87086.504.59$146,244
Dec 2010036,94885.734.35$160,641
Nov 2010036,77180.843.80$139,558
Oct 2010042,13478.103.51$147,844

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            90 bbl  × $ 62.36 =     $5,612
Gas                    0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                   $5,612

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/261497 is the state's own key, not one this site invented.