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 265503District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Feb 2012 – May 2026
Value, last 12 filed months
$210 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
GasProduction2,423,991 Mcf$8,240,752
Total$8,240,752

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 20265,170106.413.05$15,747
Apr 20264,80698.932.87$13,792
Mar 20266,23089.753.15$19,621
Feb 20266,27363.503.75$23,526
Jan 20264,07759.138.00$32,608
Dec 20254,17056.664.41$18,404
Nov 20254,00158.593.93$15,710
Oct 20254,39059.383.30$14,508
Sep 20254,95762.743.08$15,252
Aug 20254,34963.933.01$13,111
Jul 20254,38466.743.32$14,534
Jun 20254,29766.483.13$13,444
May 20254,24960.553.23$13,734
Apr 20253,98662.363.54$14,123
Mar 20253,86267.704.27$16,484
Feb 20253,51770.884.34$15,267
Jan 20254,33574.324.28$18,548
Dec 20244,87468.993.12$15,214
Nov 20244,98769.052.20$10,964
Oct 20244,82971.372.28$11,017
Sep 20244,55069.612.36$10,758
Aug 20244,84175.632.06$9,990
Jul 20244,84179.932.15$10,392
Jun 20244,46078.082.63$11,748
May 20244,56178.812.20$10,027
Apr 20244,41884.451.66$7,330
Mar 20244,47780.301.55$6,918
Feb 20244,01676.091.78$7,163
Jan 20243,88973.023.30$12,825
Dec 20234,25071.262.61$11,096
Nov 20234,30877.892.81$12,095
Oct 20233,65485.443.09$11,281
Sep 20234,61489.042.74$12,619
Aug 20234,92180.522.67$13,153
Jul 20234,34974.852.64$11,489
Jun 20234,37968.962.26$9,890
May 20234,88070.622.23$10,870
Apr 20235,11778.122.24$11,451
Mar 20236,30872.852.39$15,096
Feb 20236,42775.112.47$15,847
Jan 20236,86076.533.39$23,240
Dec 20227,19076.415.73$41,192
Nov 20226,29485.005.65$35,537
Oct 20222,92687.185.86$17,157
Sep 20225,88084.888.16$48,002
Aug 20226,27594.529.13$57,273
Jul 20226,929101.587.54$52,259
Jun 20226,332115.097.98$50,512
May 20226,562109.378.43$55,338
Apr 20226,084104.226.84$41,600
Mar 20227,842108.885.08$39,809
Feb 20227,10691.054.86$34,527
Jan 20225,47781.844.54$24,853
Dec 20217,18871.323.90$28,027
Nov 20216,71077.435.24$35,139
Oct 20216,09079.795.71$34,797
Sep 20216,22069.865.35$33,283
Aug 20216,70266.024.22$28,286
Jul 20217,32170.783.98$29,153
Jun 20215,66169.493.38$19,138
May 20214,49763.483.02$13,570
Apr 20217,67060.362.76$21,157
Mar 20219,01161.302.72$24,482
Feb 20216,36957.805.55$35,335
Jan 20218,09950.412.81$22,760
Dec 20208,19144.642.68$21,915
Nov 20207,92438.772.71$21,447
Oct 20208,20036.972.48$20,323
Sep 20206,67037.091.99$13,280
Aug 20207,82239.982.39$18,656
Jul 20207,52538.371.83$13,734
Jun 20209,00434.901.69$15,220
May 20209,11216.921.81$16,536
Apr 20209,31014.751.80$16,799
Mar 20208,58330.341.86$15,932
Feb 20208,34449.881.98$16,527
Jan 20209,32757.252.09$19,538
Dec 20197,83659.012.30$18,057
Nov 20196,45355.302.75$17,750
Oct 20198,46653.472.42$20,475
Sep 20198,75855.052.66$23,272
Aug 20196,60453.112.30$15,218
Jul 20198,57656.272.46$21,097
Jun 20197,90152.782.49$19,683
May 20198,98558.482.74$24,622
Apr 20198,36462.632.75$23,007
Mar 20198,60356.803.06$26,343
Feb 201910,78150.852.79$30,103
Jan 201911,76346.033.23$37,973
Dec 201811,46346.594.19$47,978
Nov 201810,70752.934.24$45,368
Oct 201812,15261.443.40$41,293
Sep 201810,36259.543.11$32,205
Aug 201810,52559.403.07$32,276
Jul 201812,09765.142.93$35,467
Jun 201811,70860.183.08$36,025
May 201811,57865.382.90$33,585
Apr 201811,85863.842.90$34,398
Mar 201812,58161.222.79$35,061
Feb 201811,63661.782.77$32,187
Jan 201812,62662.874.01$50,622
Dec 201712,74957.272.92$37,246
Nov 201712,58155.423.12$39,232
Oct 201713,91249.292.98$41,509
Sep 201713,82347.523.09$42,675
Aug 20176,30545.373.00$18,943
Jul 201713,61243.873.09$42,024
Jun 201712,88842.493.09$39,789
May 201714,47945.373.26$47,251
Apr 201714,23147.933.21$45,704
Mar 201714,51246.772.98$43,299
Feb 201714,04750.452.95$41,475
Jan 201717,01049.413.42$58,154
Dec 201615,36948.763.72$57,216
Nov 201615,67342.492.64$41,445
Oct 201616,26446.193.09$50,260
Sep 201616,08341.553.10$49,867
Aug 201614,53141.442.92$42,494
Jul 201616,22941.622.92$47,459
Jun 201617,16245.352.69$46,094
May 201617,24042.521.99$34,326
Apr 201616,33236.561.99$32,518
Mar 201617,00133.011.79$30,500
Feb 201616,17226.472.06$33,373
Jan 201618,59927.352.36$43,975
Dec 201516,11432.362.00$32,251
Nov 201516,05838.792.17$34,803
Oct 201518,95243.552.43$45,989
Sep 201520,98742.992.76$57,891
Aug 201519,98840.162.87$57,415
Jul 201520,71948.152.95$61,019
Jun 201520,58756.152.88$59,349
May 201516,44455.212.96$48,599
Apr 201522,11549.822.71$59,856
Mar 201522,51242.892.93$66,066
Feb 201521,15044.662.98$62,946
Jan 201523,53943.433.10$72,986
Dec 201423,89254.693.59$85,805
Nov 201423,11570.464.25$98,281
Oct 201424,17278.303.90$94,294
Sep 201420,29686.164.05$82,106
Aug 201420,40389.394.04$82,329
Jul 201420,01796.564.18$83,663
Jun 201421,04598.164.74$99,688
May 201421,33894.734.73$100,855
Apr 201421,88795.944.81$105,257
Mar 201420,18695.895.06$102,077
Feb 201420,66097.406.19$127,927
Jan 201424,05890.404.86$116,939
Dec 201327,67091.824.35$120,488
Nov 201327,92388.853.74$104,384
Oct 201331,30197.423.78$118,298
Sep 201331,616104.113.72$117,540
Aug 201333,887104.253.52$119,371
Jul 201335,015102.523.72$130,177
Jun 201337,17894.403.93$146,236
May 201339,69294.834.15$164,685
Apr 201341,37193.964.28$177,175
Mar 201344,98293.623.91$176,009
Feb 201343,85491.233.42$149,977
Jan 201351,44991.603.42$175,951
Dec 201254,86786.773.42$187,654
Nov 201257,32686.953.62$207,804
Oct 201265,03689.383.40$221,102
Sep 201269,30894.672.92$202,268
Aug 201293,16592.662.91$270,939
Jul 201278,04285.133.02$235,749
Jun 201212,57879.822.52$31,684
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                5,170 Mcf  × $  3.05 =    $15,747

────────────────────────────────────────────────────
Month total                                  $15,747

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/265503 is the state's own key, not one this site invented.