BAILEY RANCH UNIT I

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 264853District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.6 M
Nov 2011 – May 2026
Value, last 12 filed months
$0
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

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
CondensateDisposition615 bbl$42,948
GasProduction1,387,742 Mcf$4,600,519
Total$4,643,467

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 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 20250470.884.34$17
Jan 20250074.324.28$0
Dec 20240168.993.12$3
Nov 2024029769.052.20$653
Oct 2024078071.372.28$1,779
Sep 202404,28069.612.36$10,119
Aug 202405,67975.632.06$11,719
Jul 202405,67979.932.15$12,190
Jun 202405,50778.082.63$14,505
May 202406,14278.812.20$13,503
Apr 202405,57384.451.66$9,247
Mar 202405,41680.301.55$8,368
Feb 202405,81576.091.78$10,372
Jan 202406,51773.023.30$21,491
Dec 202305,41271.262.61$14,129
Nov 202305,15077.892.81$14,459
Oct 202305,66385.443.09$17,483
Sep 202305,67989.042.74$15,532
Aug 202305,92580.522.67$15,837
Jul 202305,77074.852.64$15,243
Jun 202305,73868.962.26$12,959
May 202305,99570.622.23$13,353
Apr 202305,69078.122.24$12,733
Mar 202305,88272.852.39$14,077
Feb 202305,49975.112.47$13,559
Jan 202306,18176.533.39$20,940
Dec 202206,04076.415.73$34,604
Nov 202206,02885.005.65$34,035
Oct 202205,86187.185.86$34,368
Sep 202205,96584.888.16$48,696
Aug 202206,22094.529.13$56,771
Jul 202206,478101.587.54$48,858
Jun 202205,670115.097.98$45,231
May 202205,912109.378.43$49,856
Apr 202205,921104.226.84$40,485
Mar 202206,070108.885.08$30,814
Feb 202205,46791.054.86$26,563
Jan 202205,15781.844.54$23,401
Dec 202104,81171.323.90$18,759
Nov 202105,68577.435.24$29,771
Oct 202105,94479.795.71$33,963
Sep 202105,81169.865.35$31,094
Aug 20211085,86966.024.22$31,901
Jul 202106,08870.783.98$24,243
Jun 202105,86469.493.38$19,824
May 202106,01663.483.02$18,154
Apr 202105,94960.362.76$16,410
Mar 202106,25361.302.72$16,989
Feb 202104,80357.805.55$26,647
Jan 202105,58850.412.81$15,704
Dec 202005,76344.642.68$15,419
Nov 202005,62738.772.71$15,230
Oct 202005,61836.972.48$13,924
Sep 202006,04637.091.99$12,038
Aug 202006,12839.982.39$14,616
Jul 202006,29738.371.83$11,493
Jun 202006,11434.901.69$10,335
May 202006,09916.921.81$11,068
Apr 202006,04014.751.80$10,898
Mar 202006,55730.341.86$12,171
Feb 202005,93849.881.98$11,761
Jan 202006,19657.252.09$12,979
Dec 201906,34459.012.30$14,619
Nov 201906,45655.302.75$17,759
Oct 201906,82053.472.42$16,494
Sep 201906,56355.052.66$17,440
Aug 201906,94953.112.30$16,013
Jul 201906,85156.272.46$16,854
Jun 201906,66252.782.49$16,596
May 201906,93658.482.74$19,007
Apr 201907,09462.632.75$19,513
Mar 201907,07756.803.06$21,670
Feb 201906,66050.852.79$18,596
Jan 201907,17546.033.23$23,162
Dec 201807,36446.594.19$30,822
Nov 201805,76552.934.24$24,428
Oct 201806,38461.443.40$21,693
Sep 201805,87159.543.11$18,247
Aug 201806,79759.403.07$20,843
Jul 201807,01365.142.93$20,561
Jun 201805,70860.183.08$17,563
May 201806,59765.382.90$19,137
Apr 201806,14563.842.90$17,825
Mar 201806,28161.222.79$17,504
Feb 201805,48461.782.77$15,169
Jan 201806,00362.874.01$24,068
Dec 201705,89757.272.92$17,228
Nov 201707,15955.423.12$22,324
Oct 201706,61349.292.98$19,731
Sep 201706,20747.523.09$19,163
Aug 201706,50045.373.00$19,529
Jul 201706,66243.873.09$20,567
Jun 201706,54642.493.09$20,209
May 2017966,29945.373.26$24,912
Apr 201707,73847.933.21$24,851
Mar 201705,66846.772.98$16,912
Feb 201705,19050.452.95$15,324
Jan 201705,31449.413.42$18,168
Dec 201606,08948.763.72$22,668
Nov 201607,24742.492.64$19,164
Oct 201607,48146.193.09$23,118
Sep 201607,20741.553.10$22,346
Aug 201607,28641.442.92$21,307
Jul 201607,36341.622.92$21,532
Jun 201607,36945.352.69$19,792
May 201607,95042.521.99$15,829
Apr 2016767,75036.561.99$18,209
Mar 201607,83633.011.79$14,058
Feb 201607,30126.472.06$15,067
Jan 201607,93527.352.36$18,761
Dec 201507,97032.362.00$15,951
Nov 201507,94738.792.17$17,224
Oct 201518,52043.552.43$20,718
Sep 201508,38942.992.76$23,140
Aug 201508,56040.162.87$24,589
Jul 201508,73048.152.95$25,711
Jun 2015638,98256.152.88$29,431
May 201509,39855.212.96$27,775
Apr 201508,81849.822.71$23,867
Mar 201509,39442.892.93$27,569
Feb 201508,87944.662.98$26,426
Jan 2015010,24043.433.10$31,750
Dec 2014010,16554.693.59$36,506
Nov 2014010,01570.464.25$42,582
Oct 2014010,69578.303.90$41,721
Sep 2014010,39386.164.05$42,044
Aug 2014010,86689.394.04$43,846
Jul 2014011,17196.564.18$46,690
Jun 20149811,00398.164.74$61,740
May 2014011,73194.734.73$55,447
Apr 2014011,69595.944.81$56,243
Mar 2014012,28195.895.06$62,103
Feb 2014011,51697.406.19$71,307
Jan 2014013,04690.404.86$63,413
Dec 2013014,61591.824.35$63,641
Nov 2013014,91788.853.74$55,764
Oct 2013015,33197.423.78$57,941
Sep 2013013,432104.113.72$49,937
Aug 2013015,938104.253.52$56,143
Jul 2013019,727102.523.72$73,340
Jun 2013011,53794.403.93$45,380
May 2013014,85294.834.15$61,622
Apr 2013014,06693.964.28$60,239
Mar 20138915,16293.623.91$67,659
Feb 2013014,01191.233.42$47,916
Jan 2013015,50391.603.42$53,019
Dec 2012015,69386.773.42$53,673
Nov 2012015,27186.953.62$55,357
Oct 2012016,29089.383.40$55,381
Sep 2012014,81094.672.92$43,222
Aug 2012017,39092.662.91$50,573
Jul 20128417,98785.133.02$61,486
Jun 2012021,40779.822.52$53,925
May 2012023,10491.612.49$57,490
Apr 2012024,459101.652.00$48,840
Mar 2012026,594105.052.22$59,094
Feb 2012031,912101.102.57$82,022
Jan 2012039,53898.092.73$108,100
Dec 2011019,72796.873.24$63,910
Nov 2011030,29295.723.31$100,305

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.

Feb 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.88 =         $0
Gas                    4 Mcf  × $  4.34 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/264853 is the state's own key, not one this site invented.