OATES

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 264185District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jun 2011 – May 2026
Value, last 12 filed months
$0
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

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 Gas112012-08-08206705
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
CondensateDisposition2,314 bbl$178,988
GasProduction824,011 Mcf$2,784,731
Total$2,963,718

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 33.1590, -97.5968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15897, -97.59678 · 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
7,518 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 7,518 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-497351291H7,518 ftJun 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 (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 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 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 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202208394.529.13$758
Jul 2022088101.587.54$664
Jun 20220138115.097.98$1,101
May 20221144,444109.378.43$49,945
Apr 202204,501104.226.84$30,776
Mar 202204,136108.885.08$20,996
Feb 202204,89891.054.86$23,799
Jan 202204,54781.844.54$20,633
Dec 20211144,79071.323.90$26,807
Nov 202104,74177.435.24$24,828
Oct 202104,50779.795.71$25,752
Sep 202104,89569.865.35$26,193
Aug 202104,83166.024.22$20,390
Jul 202104,80370.783.98$19,126
Jun 202104,35269.493.38$14,712
May 202104,53463.483.02$13,682
Apr 202104,65460.362.76$12,838
Mar 202104,86961.302.72$13,229
Feb 202103,72857.805.55$20,683
Jan 202104,56150.412.81$12,818
Dec 202004,42944.642.68$11,850
Nov 20201724,31638.772.71$18,350
Oct 202004,24436.972.48$10,518
Sep 202004,00637.091.99$7,976
Aug 202004,59439.982.39$10,957
Jul 202004,76838.371.83$8,702
Jun 202004,59934.901.69$7,774
May 202004,70816.921.81$8,544
Apr 202004,39314.751.80$7,927
Mar 202004,83330.341.86$8,971
Feb 20201124,11349.881.98$13,733
Jan 202004,65657.252.09$9,753
Dec 201904,44559.012.30$10,243
Nov 201904,39755.302.75$12,095
Oct 201904,38353.472.42$10,600
Sep 201904,56555.052.66$12,130
Aug 201904,72853.112.30$10,895
Jul 201904,75156.272.46$11,688
Jun 201904,95652.782.49$12,346
May 201905,10358.482.74$13,984
Apr 201904,53762.632.75$12,480
Mar 20191684,81456.803.06$24,283
Feb 201904,39950.852.79$12,283
Jan 201902,85446.033.23$9,213
Dec 201801,72446.594.19$7,216
Nov 201802,86552.934.24$12,140
Oct 201803,03561.443.40$10,313
Sep 201804,39359.543.11$13,653
Aug 201805,77259.403.07$17,700
Jul 201806,23965.142.93$18,292
Jun 2018012460.183.08$382
May 2018026565.382.90$769
Apr 201801,76463.842.90$5,117
Mar 2018029961.222.79$833
Feb 201802,43661.782.77$6,738
Jan 201804,25962.874.01$17,076
Dec 20170057.272.92$0
Nov 2017062655.423.12$1,952
Oct 201702,09149.292.98$6,239
Sep 201702,15147.523.09$6,641
Aug 201703,12045.373.00$9,374
Jul 201702,97943.873.09$9,197
Jun 201705,27442.493.09$16,282
May 201706,52645.373.26$21,297
Apr 201711,75447.933.21$5,681
Mar 20170046.772.98$0
Feb 2017031950.452.95$942
Jan 20170049.413.42$0
Dec 201603,04948.763.72$11,351
Nov 2016024742.492.64$653
Oct 201604,12846.193.09$12,757
Sep 201604,15441.553.10$12,880
Aug 201601,68741.442.92$4,933
Jul 201602,82341.622.92$8,255
Jun 201603,76245.352.69$10,104
May 201603,84742.521.99$7,660
Apr 201604,58336.561.99$9,125
Mar 20161055,22533.011.79$12,840
Feb 201605,02726.472.06$10,374
Jan 201607,43827.352.36$17,586
Dec 201504,33532.362.00$8,676
Nov 201502,46038.792.17$5,332
Oct 201506,20943.552.43$15,067
Sep 201503,44442.992.76$9,500
Aug 201507,59940.162.87$21,828
Jul 201517,55648.152.95$22,301
Jun 201506,26756.152.88$18,067
May 20151718,09555.212.96$33,365
Apr 201517,21149.822.71$19,567
Mar 201502,24142.892.93$6,577
Feb 201502,17544.662.98$6,473
Jan 201502,02243.433.10$6,269
Dec 201402,22954.693.59$8,005
Nov 201412,60170.464.25$11,130
Oct 20141222,55878.303.90$19,531
Sep 201412,97286.164.05$12,109
Aug 201403,36089.394.04$13,558
Jul 201403,86196.564.18$16,137
Jun 201403,99798.164.74$18,933
May 201403,23994.734.73$15,309
Apr 201401,60995.944.81$7,738
Mar 201402,93095.895.06$14,816
Feb 20141472,32597.406.19$28,714
Jan 201402,92990.404.86$14,237
Dec 201302,98691.824.35$13,002
Nov 201303,65488.853.74$13,660
Oct 201303,32197.423.78$12,551
Sep 201303,381104.113.72$12,570
Aug 201303,337104.253.52$11,755
Jul 20131044,184102.523.72$26,217
Jun 201307,02294.403.93$27,620
May 201309,89994.834.15$41,072
Apr 201306,98593.964.28$29,914
Mar 201306,85493.623.91$26,819
Feb 201308,73991.233.42$29,887
Jan 201317411,09991.603.42$53,896
Dec 2012011,21186.773.42$38,343
Nov 2012011,18886.953.62$40,556
Oct 2012011,25389.383.40$38,257
Sep 2012011,25894.672.92$32,855
Aug 2012112,57792.662.91$36,669
Jul 2012313,50785.133.02$41,057
Jun 2012013,37979.822.52$33,702
May 20128414,32791.612.49$43,345
Apr 2012017,431101.652.00$34,806
Mar 2012019,791105.052.22$43,977
Feb 20129519,236101.102.57$59,046
Jan 2012022,53698.092.73$61,615
Dec 201110122,35196.873.24$82,195
Nov 201116,90795.723.31$22,967
Oct 2011416,71784.983.65$61,333
Sep 201116330,47983.623.99$135,113
Aug 201117829,73983.404.15$138,242
Jul 201117647,27294.144.52$230,108
Jun 2011037,49192.904.64$173,954

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.

Aug 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.52 =         $0
Gas                   83 Mcf  × $  9.13 =       $758

────────────────────────────────────────────────────
Month total                                     $758

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/264185 is the state's own key, not one this site invented.