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 264876District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.7 M
Dec 2011 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition806 bbl$52,711
GasProduction527,268 Mcf$1,689,876
Total$1,742,586

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 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 20220094.529.13$0
Jul 202201101.587.54$8
Jun 202201115.097.98$8
May 202206109.378.43$51
Apr 2022013104.226.84$89
Mar 2022013108.885.08$66
Feb 202201391.054.86$63
Jan 202201,81381.844.54$8,227
Dec 202101,37471.323.90$5,357
Nov 2021082477.435.24$4,315
Oct 2021079179.795.71$4,520
Sep 2021084969.865.35$4,543
Aug 2021089966.024.22$3,794
Jul 2021085170.783.98$3,389
Jun 2021069269.493.38$2,339
May 2021083663.483.02$2,523
Apr 2021012260.362.76$337
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021020450.412.81$573
Dec 2020081144.642.68$2,170
Nov 20201831,54438.772.71$11,274
Oct 202002,69836.972.48$6,687
Sep 202002,84537.091.99$5,665
Aug 202003,31139.982.39$7,897
Jul 202003,95438.371.83$7,217
Jun 2020069434.901.69$1,173
May 20200116.921.81$2
Apr 20200914.751.80$16
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019020659.012.30$475
Nov 201901,39455.302.75$3,834
Oct 201901,99153.472.42$4,815
Sep 201903,36455.052.66$8,939
Aug 201903,48553.112.30$8,031
Jul 201903,08356.272.46$7,584
Jun 201902,85952.782.49$7,122
May 201903,09358.482.74$8,476
Apr 201903,40362.632.75$9,361
Mar 201903,12756.803.06$9,575
Feb 201905,74550.852.79$16,041
Jan 201908,37546.033.23$27,036
Dec 201806,33346.594.19$26,506
Nov 201805,46452.934.24$23,152
Oct 201803,33261.443.40$11,322
Sep 201803,59159.543.11$11,161
Aug 201803,73059.403.07$11,438
Jul 201804,73265.142.93$13,874
Jun 201803,09560.183.08$9,523
May 201803,60065.382.90$10,443
Apr 201801,97863.842.90$5,738
Mar 2018063561.222.79$1,770
Feb 2018013661.782.77$376
Jan 201801,59062.874.01$6,375
Dec 201703,30857.272.92$9,664
Nov 20170755.423.12$22
Oct 201704,03649.292.98$12,042
Sep 201703,17047.523.09$9,787
Aug 201703,03445.373.00$9,115
Jul 2017812,90843.873.09$12,531
Jun 201702,79642.493.09$8,632
May 201702,88445.373.26$9,412
Apr 201704,17247.933.21$13,399
Mar 201702,90246.772.98$8,659
Feb 201702,79950.452.95$8,264
Jan 201702,08349.413.42$7,121
Dec 201602,11048.763.72$7,855
Nov 201602,59242.492.64$6,854
Oct 201603,29446.193.09$10,179
Sep 201603,23941.553.10$10,043
Aug 201603,35341.442.92$9,805
Jul 2016772,81441.622.92$11,434
Jun 201602,63045.352.69$7,064
May 2016097442.521.99$1,939
Apr 201602,64936.561.99$5,274
Mar 201603,36133.011.79$6,030
Feb 201602,81026.472.06$5,799
Jan 201603,60927.352.36$8,533
Dec 201503,71232.362.00$7,429
Nov 201503,24938.792.17$7,042
Oct 201502,44043.552.43$5,921
Sep 201503,87142.992.76$10,678
Aug 201504,12440.162.87$11,846
Jul 201504,16548.152.95$12,266
Jun 20151234,35856.152.88$19,470
May 201504,87755.212.96$14,414
Apr 201504,81049.822.71$13,019
Mar 201504,73942.892.93$13,908
Feb 201504,16444.662.98$12,393
Jan 201505,04043.433.10$15,627
Dec 201405,56354.693.59$19,979
Nov 201405,19870.464.25$22,101
Oct 201405,93478.303.90$23,148
Sep 2014655,21286.164.05$26,685
Aug 201405,25489.394.04$21,201
Jul 201405,30096.564.18$22,152
Jun 201404,91498.164.74$23,277
May 2014835,27594.734.73$32,795
Apr 201405,36495.944.81$25,796
Mar 201405,58895.895.06$28,257
Feb 201403,82897.406.19$23,703
Jan 201404,07090.404.86$19,783
Dec 201304,49191.824.35$19,556
Nov 201305,87488.853.74$21,959
Oct 201304,37097.423.78$16,516
Sep 201305,696104.113.72$21,176
Aug 2013595,783104.253.52$26,522
Jul 201307,765102.523.72$28,868
Jun 201306,79094.403.93$26,708
May 201308,69594.834.15$36,076
Apr 201306,81193.964.28$29,169
Mar 201307,15093.623.91$27,977
Feb 201306,89791.233.42$23,587
Jan 2013867,34291.603.42$32,987
Dec 201208,08786.773.42$27,659
Nov 201208,12486.953.62$29,449
Oct 2012138,98589.383.40$31,708
Sep 201208,13694.672.92$23,744
Aug 2012010,02692.662.91$29,157
Jul 2012010,67185.133.02$32,235
Jun 2012011,34779.822.52$28,584
May 20123612,33991.612.49$34,001
Apr 2012013,099101.652.00$26,156
Mar 2012014,069105.052.22$31,262
Feb 2012016,282101.102.57$41,849
Jan 2012023,89798.092.73$65,336
Dec 2011022,44996.873.24$72,729

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.

Jul 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $101.58 =         $0
Gas                    1 Mcf  × $  7.54 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/264876 is the state's own key, not one this site invented.