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 265478District 09Field 65280200GasSaveExport
Value, all time
$7.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$88 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
GasProduction2,157,749 Mcf$7,351,305
Total$7,351,305

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 20262,139106.413.05$6,515
Apr 20262,49298.932.87$7,151
Mar 20262,46089.753.15$7,748
Feb 20262,10763.503.75$7,902
Jan 20261,49759.138.00$11,973
Dec 20251,93656.664.41$8,544
Nov 20252,29058.593.93$8,992
Oct 20252,32959.383.30$7,697
Sep 202552562.743.08$1,615
Aug 202568563.933.01$2,065
Jul 20252,69866.743.32$8,944
Jun 20252,93866.483.13$9,192
May 20253,05660.553.23$9,878
Apr 20253,06562.363.54$10,860
Mar 20252,55567.704.27$10,906
Feb 20252,34670.884.34$10,184
Jan 20253,20974.324.28$13,730
Dec 20243,21168.993.12$10,023
Nov 20242,87369.052.20$6,316
Oct 20242,99571.372.28$6,833
Sep 20241,83069.612.36$4,327
Aug 20243,70575.632.06$7,646
Jul 20243,70579.932.15$7,953
Jun 20243,82178.082.63$10,064
May 20243,99378.812.20$8,778
Apr 20244,67284.451.66$7,752
Mar 20243,47780.301.55$5,372
Feb 20243,19876.091.78$5,704
Jan 20243,18773.023.30$10,510
Dec 20233,54471.262.61$9,252
Nov 20233,80477.892.81$10,680
Oct 20233,53085.443.09$10,898
Sep 20233,49889.042.74$9,567
Aug 20233,64680.522.67$9,745
Jul 20233,59574.852.64$9,497
Jun 20233,54868.962.26$8,013
May 20233,49970.622.23$7,794
Apr 20234,35778.122.24$9,750
Mar 20235,48672.852.39$13,129
Feb 20235,07975.112.47$12,523
Jan 20234,86176.533.39$16,468
Dec 20225,52976.415.73$31,676
Nov 20224,93685.005.65$27,870
Oct 20225,55887.185.86$32,591
Sep 20225,48784.888.16$44,794
Aug 20225,30894.529.13$48,447
Jul 20226,728101.587.54$50,743
Jun 20226,477115.097.98$51,668
May 20226,584109.378.43$55,523
Apr 20226,939104.226.84$47,446
Mar 20227,081108.885.08$35,946
Feb 20226,58191.054.86$31,976
Jan 20226,34381.844.54$28,783
Dec 20217,40271.323.90$28,861
Nov 20216,90377.435.24$36,150
Oct 20216,54179.795.71$37,374
Sep 20217,24469.865.35$38,762
Aug 20217,20366.024.22$30,401
Jul 20217,93270.783.98$31,586
Jun 20215,41969.493.38$18,320
May 20213,35263.483.02$10,115
Apr 20217,03960.362.76$19,417
Mar 20218,51561.302.72$23,135
Feb 20217,28157.805.55$40,395
Jan 20217,55350.412.81$21,226
Dec 20207,33044.642.68$19,611
Nov 20207,17938.772.71$19,430
Oct 20207,52736.972.48$18,655
Sep 20207,25737.091.99$14,449
Aug 20204,61739.982.39$11,012
Jul 20205,98938.371.83$10,931
Jun 20208,36334.901.69$14,136
May 20209,10216.921.81$16,518
Apr 20209,07114.751.80$16,368
Mar 20209,00730.341.86$16,719
Feb 20208,97649.881.98$17,778
Jan 202010,07757.252.09$21,109
Dec 20199,90159.012.30$22,815
Nov 20199,68755.302.75$26,646
Oct 20199,95753.472.42$24,081
Sep 201910,66155.052.66$28,329
Aug 20198,42053.112.30$19,403
Jul 20199,84156.272.46$24,209
Jun 20199,83552.782.49$24,501
May 201910,46458.482.74$28,675
Apr 20199,92362.632.75$27,295
Mar 201910,16256.803.06$31,117
Feb 201910,25650.852.79$28,637
Jan 201911,00046.033.23$35,510
Dec 201811,18046.594.19$46,793
Nov 201811,00552.934.24$46,631
Oct 201811,57361.443.40$39,326
Sep 201810,80059.543.11$33,566
Aug 201810,70359.403.07$32,821
Jul 201811,21265.142.93$32,872
Jun 201810,63960.183.08$32,735
May 201811,46365.382.90$33,252
Apr 201811,72863.842.90$34,021
Mar 201812,47761.222.79$34,771
Feb 201811,73661.782.77$32,463
Jan 201812,18462.874.01$48,850
Dec 201713,01557.272.92$38,024
Nov 201712,38055.423.12$38,605
Oct 201713,35149.292.98$39,835
Sep 201713,63147.523.09$42,083
Aug 20176,51845.373.00$19,583
Jul 201714,09543.873.09$43,515
Jun 201713,94442.493.09$43,049
May 201714,21645.373.26$46,392
Apr 201714,03147.933.21$45,062
Mar 201713,32146.772.98$39,746
Feb 201714,03650.452.95$41,443
Jan 201714,02649.413.42$47,952
Dec 201616,58748.763.72$61,751
Nov 201616,86242.492.64$44,589
Oct 201616,67246.193.09$51,521
Sep 201617,05541.553.10$52,881
Aug 201617,69441.442.92$51,743
Jul 201615,82441.622.92$46,275
Jun 201616,28145.352.69$43,728
May 201617,51042.521.99$34,863
Apr 201617,32536.561.99$34,495
Mar 201618,13633.011.79$32,536
Feb 201616,23426.472.06$33,501
Jan 201616,91927.352.36$40,003
Dec 201516,85732.362.00$33,738
Nov 201516,49238.792.17$35,744
Oct 201517,70143.552.43$42,953
Sep 201517,56742.992.76$48,457
Aug 201519,12940.162.87$54,948
Jul 201518,98148.152.95$55,901
Jun 201516,75856.152.88$48,311
May 201518,64955.212.96$55,116
Apr 201519,86449.822.71$53,763
Mar 201520,20842.892.93$59,305
Feb 201517,52544.662.98$52,158
Jan 201519,77843.433.10$61,324
Dec 201420,45654.693.59$73,465
Nov 201419,41370.464.25$82,541
Oct 201420,54778.303.90$80,153
Sep 201422,17286.164.05$89,696
Aug 201422,46189.394.04$90,633
Jul 201423,42396.564.18$97,899
Jun 201420,33098.164.74$96,301
May 201416,53394.734.73$78,144
Apr 201420,67395.944.81$99,419
Mar 201423,32095.895.06$117,925
Feb 201421,74097.406.19$134,614
Jan 201424,36690.404.86$118,436
Dec 201326,31491.824.35$114,584
Nov 201326,38288.853.74$98,623
Oct 201328,96297.423.78$109,458
Sep 201328,775104.113.72$106,978
Aug 201330,108104.253.52$106,059
Jul 201330,587102.523.72$113,715
Jun 201331,14894.403.93$122,518
May 201333,32094.834.15$138,247
Apr 201333,46993.964.28$143,334
Mar 201333,82393.623.91$132,345
Feb 201334,46191.233.42$117,854
Jan 201339,39091.603.42$134,710
Dec 201241,43286.773.42$141,704
Nov 201242,42886.953.62$153,800
Oct 201246,07889.383.40$156,650
Sep 201247,37694.672.92$138,262
Aug 201255,43492.662.91$161,211
Jul 201272,65985.133.02$219,488
Jun 20126,31979.822.52$15,918
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                2,139 Mcf  × $  3.05 =     $6,515

────────────────────────────────────────────────────
Month total                                   $6,515

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/265478 is the state's own key, not one this site invented.