REED MITCHELL UNIT

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 265474District 09Field 65280200GasSaveExport
Value, all time
$6.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$321 k
at the published price for each month
Months reported
171
no gaps in the span
Streams
1
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
GasProduction1,885,574 Mcf$6,408,478
Total$6,408,478

Every month this lease reported (171)

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

171 months

May 20269,116106.413.05$27,766
Apr 20267,05598.932.87$20,246
Mar 20267,53589.753.15$23,731
Feb 20266,97863.503.75$26,170
Jan 20266,43659.138.00$51,475
Dec 20257,32356.664.41$32,319
Nov 20257,21758.593.93$28,337
Oct 20258,15359.383.30$26,944
Sep 20256,71862.743.08$20,671
Aug 20256,47563.933.01$19,521
Jul 20257,29566.743.32$24,184
Jun 20256,41466.483.13$20,068
May 20257,99560.553.23$25,842
Apr 20258,00162.363.54$28,349
Mar 20258,12067.704.27$34,659
Feb 20256,83570.884.34$29,670
Jan 20257,77074.324.28$33,245
Dec 20248,27468.993.12$25,826
Nov 20247,69969.052.20$16,926
Oct 20247,46671.372.28$17,033
Sep 20247,38669.612.36$17,463
Aug 20248,08675.632.06$16,687
Jul 20248,08679.932.15$17,357
Jun 20248,35378.082.63$22,002
May 20248,66878.812.20$19,056
Apr 20248,24084.451.66$13,672
Mar 20248,54880.301.55$13,208
Feb 20247,67276.091.78$13,684
Jan 20247,71173.023.30$25,428
Dec 20238,02571.262.61$20,951
Nov 20237,41777.892.81$20,824
Oct 20237,55485.443.09$23,321
Sep 20237,46189.042.74$20,406
Aug 20237,50180.522.67$20,049
Jul 20237,91574.852.64$20,910
Jun 20237,34568.962.26$16,589
May 20236,85370.622.23$15,264
Apr 20237,28578.122.24$16,302
Mar 20236,51872.852.39$15,599
Feb 20236,25275.112.47$15,415
Jan 20236,27976.533.39$21,271
Dec 20227,11676.415.73$40,768
Nov 20226,21685.005.65$35,097
Oct 20227,13187.185.86$41,814
Sep 20227,19784.888.16$58,754
Aug 20226,87594.529.13$62,749
Jul 20227,156101.587.54$53,971
Jun 20226,776115.097.98$54,054
May 20227,069109.378.43$59,613
Apr 20226,955104.226.84$47,556
Mar 20227,960108.885.08$40,408
Feb 20227,57591.054.86$36,806
Jan 20228,35281.844.54$37,899
Dec 20217,41771.323.90$28,920
Nov 20217,44677.435.24$38,994
Oct 20216,22379.795.71$35,557
Sep 20216,93869.865.35$37,125
Aug 20217,33466.024.22$30,954
Jul 20218,37670.783.98$33,354
Jun 20217,82669.493.38$26,457
May 20214,72663.483.02$14,262
Apr 20217,46860.362.76$20,600
Mar 20218,92461.302.72$24,246
Feb 20215,91057.805.55$32,788
Jan 20218,68950.412.81$24,418
Dec 20208,86444.642.68$23,715
Nov 20208,92738.772.71$24,162
Oct 20209,24936.972.48$22,923
Sep 20207,45837.091.99$14,849
Aug 20208,65039.982.39$20,631
Jul 20205,04138.371.83$9,200
Jun 20206,82334.901.69$11,533
May 20207,65216.921.81$13,886
Apr 20207,99914.751.80$14,433
Mar 20207,81630.341.86$14,508
Feb 20207,33149.881.98$14,520
Jan 20208,08757.252.09$16,940
Dec 20198,26859.012.30$19,052
Nov 20198,19055.302.75$22,528
Oct 20198,80753.472.42$21,300
Sep 20198,57955.052.66$22,797
Aug 20197,07953.112.30$16,313
Jul 20197,96156.272.46$19,585
Jun 20198,98352.782.49$22,378
May 20198,48558.482.74$23,252
Apr 20198,31962.632.75$22,883
Mar 20198,38156.803.06$25,663
Feb 20197,99550.852.79$22,324
Jan 20198,91246.033.23$28,770
Dec 20189,28146.594.19$38,845
Nov 20189,21352.934.24$39,038
Oct 20189,43061.443.40$32,044
Sep 20188,92459.543.11$27,736
Aug 201810,60059.403.07$32,506
Jul 201810,94665.142.93$32,092
Jun 20189,25360.183.08$28,471
May 20189,35065.382.90$27,122
Apr 201810,03763.842.90$29,115
Mar 201810,81661.222.79$30,142
Feb 20189,58361.782.77$26,508
Jan 201810,05062.874.01$40,294
Dec 201710,87857.272.92$31,780
Nov 201710,39155.423.12$32,403
Oct 201711,02549.292.98$32,895
Sep 201711,35747.523.09$35,062
Aug 20175,41645.373.00$16,272
Jul 201711,54743.873.09$35,649
Jun 201711,38842.493.09$35,158
May 201711,55345.373.26$37,702
Apr 201711,29647.933.21$36,278
Mar 201711,03346.772.98$32,919
Feb 201711,55750.452.95$34,123
Jan 201713,62249.413.42$46,571
Dec 201612,47748.763.72$46,450
Nov 201611,06542.492.64$29,260
Oct 201613,35946.193.09$41,283
Sep 201612,77441.553.10$39,607
Aug 201612,60341.442.92$36,855
Jul 201612,15241.622.92$35,537
Jun 201611,90845.352.69$31,983
May 201612,31542.521.99$24,520
Apr 201610,93236.561.99$21,766
Mar 201611,33633.011.79$20,337
Feb 201610,66526.472.06$22,009
Jan 201613,29527.352.36$31,434
Dec 20159,85432.362.00$19,722
Nov 201510,93438.792.17$23,698
Oct 201512,98943.552.43$31,519
Sep 201513,44942.992.76$37,098
Aug 201514,90040.162.87$42,800
Jul 201514,78448.152.95$43,540
Jun 201514,61956.152.88$42,145
May 201515,00855.212.96$44,355
Apr 201512,68749.822.71$34,338
Mar 201513,65142.892.93$40,062
Feb 201513,19244.662.98$39,262
Jan 201514,63243.433.10$45,368
Dec 201414,65154.693.59$52,617
Nov 201414,48270.464.25$61,575
Oct 201415,37878.303.90$59,989
Sep 201414,78286.164.05$59,800
Aug 201416,06289.394.04$64,812
Jul 201416,27196.564.18$68,006
Jun 201416,21798.164.74$76,818
May 201415,71894.734.73$74,292
Apr 201412,88995.944.81$61,985
Mar 201414,77695.895.06$74,719
Feb 201416,58797.406.19$102,707
Jan 201418,27090.404.86$88,805
Dec 201315,57891.824.35$67,834
Nov 201314,26288.853.74$53,315
Oct 201317,78297.423.78$67,205
Sep 201315,790104.113.72$58,703
Aug 201317,055104.253.52$60,078
Jul 201320,224102.523.72$75,188
Jun 201321,01294.403.93$82,649
May 201321,76994.834.15$90,321
Apr 201322,29093.964.28$95,459
Mar 201324,23693.623.91$94,832
Feb 201324,08991.233.42$82,382
Jan 201327,80291.603.42$95,080
Dec 201228,93486.773.42$98,959
Nov 201230,70286.953.62$111,294
Oct 201234,28689.383.40$116,561
Sep 201234,13194.672.92$99,608
Aug 201244,04192.662.91$128,078
Jul 201249,26785.133.02$148,826
Jun 20126,57479.822.52$16,560
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0

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
Gas                9,116 Mcf  × $  3.05 =    $27,766

────────────────────────────────────────────────────
Month total                                  $27,766

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/265474 is the state's own key, not one this site invented.