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 264470District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Nov 2011 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
175
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 Gas112012-08-31207169
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
CondensateDisposition7,873 bbl$674,838
GasProduction1,653,633 Mcf$5,464,609
Total$6,139,447

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 33.1548, -97.5860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15478, -97.58596 · 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
7,575 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 7,575 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-497372104H7,575 ftNov 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 (175)

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

175 months

May 202600106.413.05$0
Apr 202635098.932.87$3,463
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20255058.593.93$293
Oct 20255059.383.30$297
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 202501974.324.28$81
Dec 202405968.993.12$184
Nov 2024050869.052.20$1,117
Oct 20240071.372.28$0
Sep 2024021069.612.36$497
Aug 2024055975.632.06$1,154
Jul 2024055979.932.15$1,200
Jun 202401,35178.082.63$3,559
May 202401,97978.812.20$4,351
Apr 202401,93884.451.66$3,216
Mar 2024057680.301.55$890
Feb 202402,00876.091.78$3,582
Jan 202407,39373.023.30$24,380
Dec 202303,05471.262.61$7,973
Nov 202302,86177.892.81$8,032
Oct 202303,45485.443.09$10,663
Sep 202302,98189.042.74$8,153
Aug 2023223,01880.522.67$9,838
Jul 202303,52174.852.64$9,302
Jun 202303,88568.962.26$8,774
May 202302,63270.622.23$5,863
Apr 202303,95378.122.24$8,846
Mar 202304,71272.852.39$11,277
Feb 2023973,57875.112.47$16,108
Jan 202303,42476.533.39$11,600
Dec 202203,51776.415.73$20,149
Nov 202204,17285.005.65$23,556
Oct 202204,61487.185.86$27,055
Sep 202205,98884.888.16$48,884
Aug 202206,22194.529.13$56,780
Jul 202206,246101.587.54$47,108
Jun 202206,324115.097.98$50,448
May 202205,376109.378.43$45,336
Apr 2022893,524104.226.84$33,371
Mar 202202,948108.885.08$14,965
Feb 202203,05591.054.86$14,844
Jan 202205,95181.844.54$27,004
Dec 202106,36071.323.90$24,798
Nov 202106,88277.435.24$36,040
Oct 2021694,34579.795.71$30,332
Sep 202103,08469.865.35$16,502
Aug 202103,87766.024.22$16,363
Jul 202102,80270.783.98$11,158
Jun 202103,91669.493.38$13,239
May 202103,58963.483.02$10,830
Apr 202103,01660.362.76$8,319
Mar 2021663,40561.302.72$13,297
Feb 202102,72157.805.55$15,096
Jan 202103,60150.412.81$10,120
Dec 202002,83644.642.68$7,588
Nov 202003,78538.772.71$10,244
Oct 202003,47836.972.48$8,620
Sep 202004,30837.091.99$8,577
Aug 202004,80439.982.39$11,458
Jul 202005,56238.371.83$10,151
Jun 202005,36934.901.69$9,075
May 2020675,98416.921.81$11,993
Apr 202004,14214.751.80$7,474
Mar 202004,19530.341.86$7,787
Feb 2020864,39749.881.98$12,999
Jan 202005,84957.252.09$12,252
Dec 201908,09759.012.30$18,658
Nov 2019628,96555.302.75$28,089
Oct 201905,64253.472.42$13,645
Sep 201904,92355.052.66$13,082
Aug 201905,14953.112.30$11,865
Jul 201905,55056.272.46$13,653
Jun 201906,25452.782.49$15,580
May 2019495,16858.482.74$17,027
Apr 2019627,30362.632.75$23,971
Mar 201907,91356.803.06$24,230
Feb 201904,24350.852.79$11,847
Jan 2019015746.033.23$507
Dec 201804,39946.594.19$18,412
Nov 201803,12852.934.24$13,254
Oct 2018683,42661.443.40$15,820
Sep 201809,55159.543.11$29,685
Aug 20181161,58259.403.07$11,742
Jul 201809,34065.142.93$27,384
Jun 2018034960.183.08$1,074
May 2018089565.382.90$2,596
Apr 2018069463.842.90$2,013
Mar 2018014,91461.222.79$41,563
Feb 201806,35661.782.77$17,581
Jan 201808,20262.874.01$32,884
Dec 2017181057.272.92$10,366
Nov 2017013,08755.423.12$40,810
Oct 2017017,19749.292.98$51,310
Sep 2017017,90847.523.09$55,287
Aug 2017019,43145.373.00$58,379
Jul 2017020,12443.873.09$62,128
Jun 2017013,40242.493.09$41,376
May 201709,37345.373.26$30,588
Apr 2017010,07447.933.21$32,354
Mar 2017014,94646.772.98$44,594
Feb 2017115,09950.452.95$44,632
Jan 2017122,12749.413.42$75,697
Dec 201602,41948.763.72$9,006
Nov 20160042.492.64$0
Oct 201603,22246.193.09$9,957
Sep 201602,59941.553.10$8,059
Aug 201606,15541.442.92$17,999
Jul 201603,83241.622.92$11,206
Jun 201604,54645.352.69$12,210
May 201603,72142.521.99$7,409
Apr 201606,69236.561.99$13,324
Mar 2016010,09133.011.79$18,103
Feb 201617212,39326.472.06$30,127
Jan 201618,92827.352.36$21,136
Dec 201518211,71732.362.00$29,340
Nov 201506,12338.792.17$13,271
Oct 201504,13643.552.43$10,036
Sep 2015909,95442.992.76$31,326
Aug 201507,73540.162.87$22,219
Jul 201528,97248.152.95$26,520
Jun 2015669,75856.152.88$31,837
May 201509,94055.212.96$29,377
Apr 20159210,14449.822.71$32,039
Mar 2015111,28242.892.93$33,152
Feb 2015112,23444.662.98$36,455
Jan 2015013,10943.433.10$40,646
Dec 201410711,95754.693.59$48,794
Nov 20149112,32370.464.25$58,807
Oct 20146713,18878.303.90$56,692
Sep 2014116,33286.164.05$66,156
Aug 201415416,75389.394.04$81,366
Jul 20145020,79696.564.18$91,747
Jun 201416919,33298.164.74$108,162
May 2014014,34994.734.73$67,821
Apr 201408,97495.944.81$43,157
Mar 2014014,61995.895.06$73,925
Feb 201417111,05897.406.19$85,127
Jan 2014017,63690.404.86$85,724
Dec 201318114,54391.824.35$79,947
Nov 2013017,13288.853.74$64,044
Oct 20139011,89397.423.78$53,716
Sep 2013011,572104.113.72$43,022
Aug 2013018,108104.253.52$63,787
Jul 201311618,156102.523.72$79,392
Jun 2013017,56994.403.93$69,106
May 20135817,87194.834.15$79,648
Apr 2013016,55793.964.28$70,907
Mar 201316018,23093.623.91$86,311
Feb 201313813,96991.233.42$60,362
Jan 20131520,81591.603.42$72,559
Dec 20127622,76886.773.42$84,465
Nov 201217924,20886.953.62$103,317
Oct 201219426,40489.383.40$107,105
Sep 20129327,86794.672.92$90,131
Aug 201216130,46692.662.91$103,518
Jul 201218733,89585.133.02$118,309
Jun 201237934,46579.822.52$117,070
May 201216838,95391.612.49$112,318
Apr 201235338,239101.652.00$112,238
Mar 201255141,618105.052.22$150,361
Feb 201257246,227101.102.57$176,644
Jan 201261958,46498.092.73$220,563
Dec 201173780,33796.873.24$331,664
Nov 201134872,84595.723.31$274,521

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 2026 — as filed, then multipliedworked
Condensate            35 bbl  × $ 98.93 =     $3,463
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,463

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/264470 is the state's own key, not one this site invented.