MILBURN 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 269808District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.4 M
Jan 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition893 bbl$50,399
GasProduction995,128 Mcf$3,385,582
Total$3,435,981

Every month this lease reported (161)

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

161 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024022869.052.20$501
Oct 202402,17171.372.28$4,953
Sep 202402,04469.612.36$4,833
Aug 202402,24775.632.06$4,637
Jul 202402,24779.932.15$4,823
Jun 202401,88778.082.63$4,970
May 202402,18978.812.20$4,812
Apr 202401,40484.451.66$2,330
Mar 202401,29580.301.55$2,001
Feb 202401,38676.091.78$2,472
Jan 2024070573.023.30$2,325
Dec 202301,60371.262.61$4,185
Nov 202301,80377.892.81$5,062
Oct 202302,36285.443.09$7,292
Sep 202302,46389.042.74$6,736
Aug 202301,68880.522.67$4,512
Jul 2023422,49974.852.64$9,746
Jun 202302,14568.962.26$4,844
May 202302,28070.622.23$5,078
Apr 202302,24078.122.24$5,013
Mar 202302,22272.852.39$5,318
Feb 202301,94375.112.47$4,791
Jan 202301,96076.533.39$6,640
Dec 202201,68276.415.73$9,636
Nov 202202,01585.005.65$11,377
Oct 202202,25887.185.86$13,240
Sep 2022048284.888.16$3,935
Aug 2022016494.529.13$1,497
Jul 202202,133101.587.54$16,087
Jun 202202,829115.097.98$22,568
May 202203,402109.378.43$28,689
Apr 202203,083104.226.84$21,080
Mar 202202,684108.885.08$13,625
Feb 202202,23591.054.86$10,860
Jan 202202,68281.844.54$12,170
Dec 202102,97271.323.90$11,588
Nov 202103,69577.435.24$19,350
Oct 202103,44079.795.71$19,656
Sep 202103,34969.865.35$17,920
Aug 2021463,70266.024.22$18,662
Jul 202103,56170.783.98$14,180
Jun 202103,36769.493.38$11,383
May 202105,73463.483.02$17,303
Apr 202107,63860.362.76$21,069
Mar 202107,61061.302.72$20,676
Feb 2021785,53057.805.55$35,189
Jan 202109,49850.412.81$26,692
Dec 202009,28644.642.68$24,844
Nov 202007,14138.772.71$19,328
Oct 202007,61336.972.48$18,868
Sep 2020887,40737.091.99$18,012
Aug 202007,39439.982.39$17,635
Jul 202007,62038.371.83$13,907
Jun 202007,12234.901.69$12,038
May 202007,21216.921.81$13,088
Apr 202006,74614.751.80$12,172
Mar 2020426,43330.341.86$13,215
Feb 202006,63649.881.98$13,144
Jan 202005,96857.252.09$12,501
Dec 201906,94759.012.30$16,008
Nov 201906,34255.302.75$17,445
Oct 201905,76853.472.42$13,950
Sep 201905,47955.052.66$14,559
Aug 201905,14453.112.30$11,854
Jul 201906,23856.272.46$15,346
Jun 201904,87152.782.49$12,135
May 201903,85658.482.74$10,567
Apr 201906,84562.632.75$18,829
Mar 201906,58556.803.06$20,164
Feb 201906,18250.852.79$17,262
Jan 201906,90046.033.23$22,274
Dec 201807,18046.594.19$30,051
Nov 201807,76052.934.24$32,881
Oct 201847,56661.443.40$25,956
Sep 20181957,19359.543.11$33,966
Aug 2018167,65059.403.07$24,410
Jul 2018457,27065.142.93$24,246
Jun 2018156,95560.183.08$22,303
May 201808,46365.382.90$24,549
Apr 201808,68463.842.90$25,191
Mar 2018159,40161.222.79$27,117
Feb 201806,03761.782.77$16,699
Jan 201805,98162.874.01$23,980
Dec 201705,66557.272.92$16,550
Nov 201746,08555.423.12$19,197
Oct 201706,41449.292.98$19,137
Sep 2017136,60747.523.09$21,015
Aug 201707,01845.373.00$21,085
Jul 201707,38643.873.09$22,803
Jun 201706,88142.493.09$21,244
May 2017346,68545.373.26$23,358
Apr 201705,43947.933.21$17,468
Mar 201705,17446.772.98$15,438
Feb 201705,01850.452.95$14,816
Jan 201705,08849.413.42$17,395
Dec 201606,15948.763.72$22,929
Nov 2016305,83542.492.64$16,704
Oct 201605,83846.193.09$18,041
Sep 201626,70141.553.10$20,860
Aug 201607,59741.442.92$22,216
Jul 2016115,95441.622.92$17,869
Jun 2016286,20945.352.69$17,946
May 201608,07642.521.99$16,080
Apr 201606,48636.561.99$12,914
Mar 201607,75533.011.79$13,913
Feb 2016296,80526.472.06$14,811
Jan 201618,18727.352.36$19,384
Dec 201508,38832.362.00$16,788
Nov 201507,66338.792.17$16,608
Oct 2015288,41143.552.43$21,629
Sep 201508,31142.992.76$22,925
Aug 201509,30340.162.87$26,723
Jul 201508,65648.152.95$25,493
Jun 2015308,61356.152.88$26,515
May 201506,79855.212.96$20,091
Apr 201508,36149.822.71$22,630
Mar 2015010,83742.892.93$31,803
Feb 201507,49944.662.98$22,318
Jan 201509,47443.433.10$29,375
Dec 201409,67454.693.59$34,743
Nov 2014010,14970.464.25$43,152
Oct 20142910,91278.303.90$44,838
Sep 20142910,74686.164.05$45,971
Aug 2014011,51889.394.04$46,477
Jul 2014012,62096.564.18$52,747
Jun 2014012,02498.164.74$56,956
May 20143013,16494.734.73$65,062
Apr 2014013,13395.944.81$63,158
Mar 2014014,88495.895.06$75,265
Feb 2014012,76397.406.19$79,029
Jan 2014515,28490.404.86$74,743
Dec 2013013,55091.824.35$59,003
Nov 2013015,62388.853.74$58,403
Oct 2013317,15197.423.78$65,112
Sep 2013017,622104.113.72$65,514
Aug 2013013,319104.253.52$46,918
Jul 2013021,020102.523.72$78,147
Jun 2013021,59694.403.93$84,946
May 2013025,20194.834.15$104,561
Apr 2013024,83293.964.28$106,345
Mar 2013020,90093.623.91$81,779
Feb 2013123,43691.233.42$80,240
Jan 20130091.603.42$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.

Nov 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.05 =         $0
Gas                  228 Mcf  × $  2.20 =       $501

────────────────────────────────────────────────────
Month total                                     $501

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/269808 is the state's own key, not one this site invented.