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 265477District 09Field 65280200GasSaveExport
Value, all time
$3.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$67 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
GasProduction1,005,013 Mcf$3,441,735
Total$3,441,735

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 20261,500106.413.05$4,569
Apr 20261,62698.932.87$4,666
Mar 20261,67589.753.15$5,275
Feb 20261,39563.503.75$5,232
Jan 20261,11459.138.00$8,910
Dec 20251,27156.664.41$5,609
Nov 20251,56558.593.93$6,145
Oct 20252,06759.383.30$6,831
Sep 20251,71462.743.08$5,274
Aug 20251,99863.933.01$6,023
Jul 20251,35466.743.32$4,489
Jun 20251,17966.483.13$3,689
May 20251,36060.553.23$4,396
Apr 20251,46462.363.54$5,187
Mar 20251,32267.704.27$5,643
Feb 20251,27170.884.34$5,517
Jan 20251,52474.324.28$6,521
Dec 20241,75368.993.12$5,472
Nov 20241,85269.052.20$4,072
Oct 20241,61171.372.28$3,675
Sep 20241,72569.612.36$4,079
Aug 20241,74775.632.06$3,605
Jul 20241,74779.932.15$3,750
Jun 20241,65378.082.63$4,354
May 20241,71278.812.20$3,764
Apr 20241,61884.451.66$2,685
Mar 20241,88580.301.55$2,913
Feb 20241,63576.091.78$2,916
Jan 20241,66373.023.30$5,484
Dec 20231,77471.262.61$4,631
Nov 20231,70477.892.81$4,784
Oct 20232,17385.443.09$6,709
Sep 20231,96289.042.74$5,366
Aug 20231,57080.522.67$4,196
Jul 20232,02674.852.64$5,352
Jun 20232,32268.962.26$5,244
May 20231,37370.622.23$3,058
Apr 20231,94578.122.24$4,352
Mar 20232,62272.852.39$6,275
Feb 20232,25575.112.47$5,560
Jan 20232,51176.533.39$8,507
Dec 20222,75176.415.73$15,761
Nov 20222,34485.005.65$13,235
Oct 20222,93287.185.86$17,193
Sep 20223,07984.888.16$25,136
Aug 20222,79594.529.13$25,510
Jul 20223,063101.587.54$23,101
Jun 20222,941115.097.98$23,461
May 20223,111109.378.43$26,235
Apr 20222,977104.226.84$20,356
Mar 20223,140108.885.08$15,940
Feb 20222,55891.054.86$12,429
Jan 20222,66381.844.54$12,084
Dec 20212,91771.323.90$11,374
Nov 20213,31177.435.24$17,339
Oct 20212,93079.795.71$16,742
Sep 20213,29069.865.35$17,605
Aug 20213,21366.024.22$13,561
Jul 20213,38970.783.98$13,495
Jun 20212,32069.493.38$7,843
May 20211,75963.483.02$5,308
Apr 20213,35760.362.76$9,260
Mar 20213,61261.302.72$9,814
Feb 202195257.805.55$5,282
Jan 20214,02050.412.81$11,297
Dec 20203,18944.642.68$8,532
Nov 20204,41638.772.71$11,952
Oct 20204,75936.972.48$11,795
Sep 20203,99537.091.99$7,954
Aug 20203,30539.982.39$7,883
Jul 20203,59738.371.83$6,565
Jun 20204,07934.901.69$6,895
May 20203,90516.921.81$7,087
Apr 20204,04014.751.80$7,290
Mar 20204,12930.341.86$7,664
Feb 20204,13749.881.98$8,194
Jan 20204,63057.252.09$9,699
Dec 20194,69259.012.30$10,812
Nov 20193,68055.302.75$10,123
Oct 20194,40353.472.42$10,649
Sep 20194,86355.052.66$12,922
Aug 20193,35253.112.30$7,724
Jul 20193,83956.272.46$9,444
Jun 20194,61752.782.49$11,502
May 20194,26958.482.74$11,698
Apr 20194,53562.632.75$12,474
Mar 20193,56856.803.06$10,926
Feb 20193,23850.852.79$9,041
Jan 20194,95146.033.23$15,983
Dec 20184,76446.594.19$19,939
Nov 20184,18352.934.24$17,724
Oct 20184,29961.443.40$14,608
Sep 20184,46359.543.11$13,871
Aug 20184,48759.403.07$13,760
Jul 20183,03265.142.93$8,889
Jun 20184,27060.183.08$13,138
May 20185,75465.382.90$16,691
Apr 20184,91763.842.90$14,263
Mar 20183,13261.222.79$8,728
Feb 20184,36861.782.77$12,082
Jan 20183,76762.874.01$15,103
Dec 20175,53557.272.92$16,171
Nov 20174,31755.423.12$13,462
Oct 20175,56349.292.98$16,598
Sep 20175,33547.523.09$16,471
Aug 20172,24545.373.00$6,745
Jul 20177,22943.873.09$22,318
Jun 20176,26442.493.09$19,339
May 20176,26545.373.26$20,445
Apr 20177,14347.933.21$22,940
Mar 20176,22146.772.98$18,561
Feb 20175,30750.452.95$15,669
Jan 20173,52149.413.42$12,038
Dec 20165,92048.763.72$22,039
Nov 20166,91642.492.64$18,288
Oct 20164,99146.193.09$15,423
Sep 20165,20141.553.10$16,126
Aug 20165,71241.442.92$16,704
Jul 20165,70941.622.92$16,695
Jun 20165,62545.352.69$15,108
May 20167,08342.521.99$14,103
Apr 20166,62736.561.99$13,195
Mar 20167,12733.011.79$12,786
Feb 20166,48026.472.06$13,372
Jan 20167,08427.352.36$16,749
Dec 20156,33932.362.00$12,687
Nov 20156,41338.792.17$13,899
Oct 20157,26143.552.43$17,619
Sep 20157,26742.992.76$20,045
Aug 20158,13640.162.87$23,371
Jul 20158,60548.152.95$25,342
Jun 20159,64256.152.88$27,797
May 201510,10855.212.96$29,874
Apr 20159,71049.822.71$26,281
Mar 201510,06342.892.93$29,532
Feb 20159,03444.662.98$26,887
Jan 201511,25743.433.10$34,904
Dec 201412,13954.693.59$43,596
Nov 201410,48070.464.25$44,559
Oct 201412,53378.303.90$48,891
Sep 20148,61286.164.05$34,839
Aug 201411,49989.394.04$46,400
Jul 201413,27996.564.18$55,501
Jun 201411,77198.164.74$55,758
May 20144,83594.734.73$22,853
Apr 20148,64195.944.81$41,556
Mar 201411,28595.895.06$57,066
Feb 20148,85297.406.19$54,812
Jan 201415,56490.404.86$75,652
Dec 201315,72991.824.35$68,492
Nov 20136,24388.853.74$23,338
Oct 201316,56397.423.78$62,598
Sep 201318,957104.113.72$70,477
Aug 201319,664104.253.52$69,269
Jul 20139,212102.523.72$34,248
Jun 201318,02594.403.93$70,900
May 201319,04894.834.15$79,032
Apr 201325,91393.964.28$110,975
Mar 201314,86293.623.91$58,153
Feb 20133,14691.233.42$10,759
Jan 20135,55991.603.42$19,011
Dec 201211,49386.773.42$39,308
Nov 201215,47086.953.62$56,078
Oct 201219,57889.383.40$66,559
Sep 201227,72194.672.92$80,901
Aug 201239,25392.662.91$114,154
Jul 201252,27985.133.02$157,924
Jun 20124,26879.822.52$10,751
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                1,500 Mcf  × $  3.05 =     $4,569

────────────────────────────────────────────────────
Month total                                   $4,569

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/265477 is the state's own key, not one this site invented.