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 265480District 09Field 65280200GasSaveExport
Value, all time
$4.6 M
Feb 2012 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
172
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
GasProduction1,344,954 Mcf$4,630,968
Total$4,630,968

Every month this lease reported (172)

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

172 months

May 20262,220106.413.05$6,762
Apr 20262,25398.932.87$6,465
Mar 20262,49389.753.15$7,852
Feb 20262,57163.503.75$9,642
Jan 20261,96559.138.00$15,716
Dec 20252,04156.664.41$9,008
Nov 20251,97258.593.93$7,743
Oct 20252,23859.383.30$7,396
Sep 20251,80062.743.08$5,538
Aug 20252,03363.933.01$6,129
Jul 20252,25966.743.32$7,489
Jun 20252,26466.483.13$7,083
May 20252,11160.553.23$6,823
Apr 20252,20462.363.54$7,809
Mar 20252,45667.704.27$10,483
Feb 20252,38670.884.34$10,357
Jan 20252,40574.324.28$10,290
Dec 20242,80568.993.12$8,755
Nov 20242,65469.052.20$5,835
Oct 20242,56971.372.28$5,861
Sep 20243,32269.612.36$7,854
Aug 20242,43675.632.06$5,027
Jul 20242,43679.932.15$5,229
Jun 20242,24278.082.63$5,905
May 20242,69078.812.20$5,914
Apr 20242,60484.451.66$4,321
Mar 20242,58780.301.55$3,997
Feb 20242,63676.091.78$4,702
Jan 20242,57373.023.30$8,485
Dec 20232,86871.262.61$7,488
Nov 20232,71477.892.81$7,620
Oct 20232,64285.443.09$8,157
Sep 20232,60089.042.74$7,111
Aug 20232,14980.522.67$5,744
Jul 20233,08574.852.64$8,150
Jun 20232,86568.962.26$6,471
May 20232,35170.622.23$5,237
Apr 20232,62978.122.24$5,883
Mar 20232,62872.852.39$6,289
Feb 20232,79775.112.47$6,897
Jan 20232,65076.533.39$8,977
Dec 20222,84876.415.73$16,316
Nov 20222,51185.005.65$14,178
Oct 20222,90987.185.86$17,058
Sep 20222,39684.888.16$19,560
Aug 20222,04094.529.13$18,619
Jul 20223,437101.587.54$25,922
Jun 20223,174115.097.98$25,320
May 20223,133109.378.43$26,421
Apr 20223,319104.226.84$22,694
Mar 20223,817108.885.08$19,377
Feb 20223,32091.054.86$16,131
Jan 20223,25881.844.54$14,784
Dec 20213,93771.323.90$15,351
Nov 20213,76777.435.24$19,727
Oct 20213,09979.795.71$17,707
Sep 20213,26769.865.35$17,481
Aug 20213,51866.024.22$14,848
Jul 20213,91170.783.98$15,574
Jun 20212,80669.493.38$9,486
May 20212,08063.483.02$6,277
Apr 20213,49060.362.76$9,627
Mar 20213,77561.302.72$10,256
Feb 20212,69857.805.55$14,968
Jan 20213,94850.412.81$11,095
Dec 20203,83144.642.68$10,250
Nov 20204,06438.772.71$11,000
Oct 20204,28736.972.48$10,625
Sep 20203,64237.091.99$7,251
Aug 20203,53739.982.39$8,436
Jul 20203,18538.371.83$5,813
Jun 20204,16834.901.69$7,045
May 20204,24716.921.81$7,707
Apr 20204,46814.751.80$8,062
Mar 20205,05130.341.86$9,376
Feb 20204,74949.881.98$9,406
Jan 20204,49357.252.09$9,412
Dec 20194,69659.012.30$10,821
Nov 20194,46855.302.75$12,290
Oct 20194,58353.472.42$11,084
Sep 20194,50455.052.66$11,968
Aug 20193,75553.112.30$8,653
Jul 20194,71256.272.46$11,592
Jun 20194,18552.782.49$10,426
May 20194,61958.482.74$12,658
Apr 20194,67962.632.75$12,871
Mar 20194,74956.803.06$14,542
Feb 20193,90050.852.79$10,890
Jan 20195,21546.033.23$16,835
Dec 20185,46846.594.19$22,886
Nov 20185,29052.934.24$22,415
Oct 20185,62861.443.40$19,124
Sep 20185,05959.543.11$15,723
Aug 20185,26659.403.07$16,149
Jul 20185,26565.142.93$15,436
Jun 20185,30860.183.08$16,332
May 20185,69465.382.90$16,517
Apr 20186,00863.842.90$17,428
Mar 20186,55761.222.79$18,273
Feb 20186,06561.782.77$16,777
Jan 20185,78062.874.01$23,174
Dec 20176,81657.272.92$19,913
Nov 20176,73055.423.12$20,987
Oct 20177,22049.292.98$21,542
Sep 20177,39847.523.09$22,840
Aug 20173,71145.373.00$11,149
Jul 20177,49843.873.09$23,148
Jun 20177,74842.493.09$23,920
May 20178,18945.373.26$26,724
Apr 20177,53747.933.21$24,206
Mar 20176,77646.772.98$20,217
Feb 20176,55950.452.95$19,366
Jan 20176,42549.413.42$21,966
Dec 20168,13848.763.72$30,296
Nov 20167,48942.492.64$19,804
Oct 20166,71546.193.09$20,751
Sep 20166,88341.553.10$21,342
Aug 20166,77341.442.92$19,807
Jul 20166,36341.622.92$18,608
Jun 20166,37845.352.69$17,130
May 20167,37442.521.99$14,682
Apr 20167,13936.561.99$14,214
Mar 20167,20533.011.79$12,926
Feb 20166,98726.472.06$14,419
Jan 20168,05827.352.36$19,052
Dec 20158,39232.362.00$16,796
Nov 20158,14538.792.17$17,653
Oct 20159,49843.552.43$23,048
Sep 20159,55142.992.76$26,346
Aug 201510,64140.162.87$30,566
Jul 201510,05548.152.95$29,613
Jun 20159,28856.152.88$26,776
May 20159,47755.212.96$28,009
Apr 20156,33549.822.71$17,146
Mar 20159,73642.892.93$28,572
Feb 20159,60644.662.98$28,589
Jan 201510,46943.433.10$32,461
Dec 201411,98054.693.59$43,024
Nov 201411,87770.464.25$50,499
Oct 201412,08478.303.90$47,139
Sep 201413,63486.164.05$55,156
Aug 201414,16389.394.04$57,149
Jul 201415,46596.564.18$64,638
Jun 201413,93298.164.74$65,994
May 201415,73694.734.73$74,377
Apr 201413,55495.944.81$65,183
Mar 201415,29295.895.06$77,329
Feb 201415,28097.406.19$94,614
Jan 201417,65190.404.86$85,797
Dec 201313,63391.824.35$59,365
Nov 201316,69088.853.74$62,392
Oct 201319,77697.423.78$74,741
Sep 201320,228104.113.72$75,202
Aug 201323,675104.253.52$83,398
Jul 201324,736102.523.72$91,962
Jun 201322,21394.403.93$87,373
May 201324,78394.834.15$102,827
Apr 201321,57193.964.28$92,380
Mar 201323,56393.623.91$92,199
Feb 201328,18791.233.42$96,397
Jan 201334,49091.603.42$117,953
Dec 201235,76786.773.42$122,329
Nov 201237,77586.953.62$136,933
Oct 201243,78189.383.40$148,841
Sep 201241,32794.672.92$120,609
Aug 201250,08592.662.91$145,655
Jul 201254,76485.133.02$165,431
Jun 20129,12479.822.52$22,984
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$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                2,220 Mcf  × $  3.05 =     $6,762

────────────────────────────────────────────────────
Month total                                   $6,762

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/265480 is the state's own key, not one this site invented.