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 264255District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$528 k
at the published price for each month
Months reported
174
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
CondensateDisposition104 bbl$5,742
GasProduction3,681,205 Mcf$11,959,642
Total$11,965,384

Every month this lease reported (174)

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

174 months

May 2026012,697106.413.05$38,673
Apr 2026013,38598.932.87$38,411
Mar 2026013,23489.753.15$41,680
Feb 2026011,35063.503.75$42,566
Jan 2026014,18559.138.00$113,451
Dec 2025016,60656.664.41$73,288
Nov 2025016,18758.593.93$63,557
Oct 2025015,18559.383.30$50,184
Sep 2025015,04162.743.08$46,280
Aug 202506,05063.933.01$18,239
Jul 2025048566.743.32$1,608
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250467.704.27$17
Feb 202501,05170.884.34$4,562
Jan 20250874.324.28$34
Dec 20240368.993.12$9
Nov 202401169.052.20$24
Oct 202401971.372.28$43
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202405,49679.932.15$11,798
Jun 202408,64678.082.63$22,773
May 2024011,42678.812.20$25,119
Apr 202405,57584.451.66$9,250
Mar 202407,00380.301.55$10,821
Feb 202407,60576.091.78$13,565
Jan 202409,11373.023.30$30,052
Dec 202308,08871.262.61$21,116
Nov 202308,45477.892.81$23,735
Oct 202305,94485.443.09$18,351
Sep 202306,43289.042.74$17,592
Aug 202309,10880.522.67$24,345
Jul 2023011,09374.852.64$29,305
Jun 202309,21368.962.26$20,807
May 2023010,87670.622.23$24,225
Apr 2023011,40278.122.24$25,515
Mar 2023012,85772.852.39$30,769
Feb 202302,57175.112.47$6,339
Jan 2023010,97276.533.39$37,170
Dec 2022010,21776.415.73$58,534
Nov 2022011,54285.005.65$65,168
Oct 2022011,75587.185.86$68,929
Sep 2022011,32484.888.16$92,446
Aug 202208,84894.529.13$80,757
Jul 2022012,084101.587.54$91,138
Jun 2022012,372115.097.98$98,694
May 2022010,880109.378.43$91,751
Apr 2022011,214104.226.84$76,677
Mar 2022012,671108.885.08$64,323
Feb 202209,02891.054.86$43,866
Jan 2022012,68881.844.54$57,574
Dec 2021012,77171.323.90$49,796
Nov 2021012,80677.435.24$67,063
Oct 2021014,15279.795.71$80,863
Sep 202109,80469.865.35$52,460
Aug 2021012,31266.024.22$51,964
Jul 2021013,29770.783.98$52,950
Jun 2021013,22669.493.38$44,712
May 2021012,20163.483.02$36,819
Apr 2021011,68060.362.76$32,218
Mar 2021014,70361.302.72$39,947
Feb 2021010,51157.805.55$58,315
Jan 2021010,63950.412.81$29,898
Dec 202008,49544.642.68$22,728
Nov 202006,57238.772.71$17,788
Oct 202007,06836.972.48$17,518
Sep 202009,19837.091.99$18,314
Aug 2020011,05239.982.39$26,360
Jul 2020012,16238.371.83$22,197
Jun 2020011,50734.901.69$19,450
May 2020012,33616.921.81$22,387
Apr 2020011,85314.751.80$21,387
Mar 2020013,07430.341.86$24,268
Feb 2020013,05949.881.98$25,866
Jan 2020014,30057.252.09$29,955
Dec 2019014,27459.012.30$32,892
Nov 2019013,71455.302.75$37,723
Oct 2019012,29753.472.42$29,741
Sep 2019012,85755.052.66$34,165
Aug 2019012,65353.112.30$29,157
Jul 2019013,78856.272.46$33,919
Jun 2019014,33052.782.49$35,699
May 2019015,17258.482.74$41,576
Apr 2019014,79762.632.75$40,702
Mar 2019014,91056.803.06$45,656
Feb 2019010,90350.852.79$30,444
Jan 201903,90246.033.23$12,596
Dec 2018012,84846.594.19$53,775
Nov 2018084852.934.24$3,593
Oct 2018074261.443.40$2,521
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017031057.272.92$906
Nov 2017011,03755.423.12$34,417
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170243.873.09$6
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017034449.413.42$1,176
Dec 2016023,45248.763.72$87,308
Nov 2016034,74942.492.64$91,889
Oct 2016042,72346.193.09$132,025
Sep 2016021,97541.553.10$68,136
Aug 2016031,75641.442.92$92,865
Jul 2016027,28741.622.92$79,796
Jun 2016026,81445.352.69$72,018
May 2016047742.521.99$950
Apr 2016091636.561.99$1,824
Mar 2016033,75133.011.79$60,550
Feb 2016026,92026.472.06$55,553
Jan 2016018,12327.352.36$42,849
Dec 2015028,15432.362.00$56,348
Nov 2015051,49838.792.17$111,613
Oct 2015056,73243.552.43$137,665
Sep 2015054,00242.992.76$148,960
Aug 2015058,30040.162.87$167,466
Jul 2015061,28248.152.95$180,480
Jun 2015062,78656.152.88$181,003
May 201510468,43655.212.96$208,001
Apr 2015069,54649.822.71$188,231
Mar 2015064,94442.892.93$190,592
Feb 201503,09344.662.98$9,205
Jan 2015033,41743.433.10$103,614
Dec 2014021,60354.693.59$77,584
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014029,45596.564.18$123,110
Jun 2014039,26298.164.74$185,979
May 2014034,23394.734.73$161,804
Apr 2014034,53095.944.81$166,059
Mar 2014034,87395.895.06$176,346
Feb 2014038,61797.406.19$239,116
Jan 2014044,12690.404.86$214,484
Dec 2013045,45091.824.35$197,911
Nov 2013045,18888.853.74$168,925
Oct 2013049,39597.423.78$186,681
Sep 2013045,795104.113.72$170,254
Aug 2013050,860104.253.52$179,160
Jul 2013052,173102.523.72$193,966
Jun 2013053,28294.403.93$209,580
May 2013057,71594.834.15$239,464
Apr 2013059,25693.964.28$253,769
Mar 2013061,86093.623.91$242,050
Feb 2013060,38391.233.42$206,504
Jan 2013061,71491.603.42$211,056
Dec 2012048,85886.773.42$167,102
Nov 2012067,46386.953.62$244,551
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120100,10079.822.52$252,156
May 20120122,79191.612.49$305,543
Apr 20120134,112101.652.00$267,795
Mar 20120159,084105.052.22$353,497
Feb 20120181,947101.102.57$467,647
Jan 20120119,18398.092.73$325,856
Dec 2011036,26096.873.24$117,473

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               12,697 Mcf  × $  3.05 =    $38,673

────────────────────────────────────────────────────
Month total                                  $38,673

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/264255 is the state's own key, not one this site invented.