BUSEY-GAST 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 270770District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jun 2013 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
156
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112014-02-13212498
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition6,330 bbl$471,369
GasProduction545,392 Mcf$1,930,955
Total$2,402,324

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2116, -97.6524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.21158, -97.65243 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,201 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,201 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-497373767H7,201 ftJun 2013

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (156)

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

156 months

May 202602,841106.413.05$8,653
Apr 202602,60298.932.87$7,467
Mar 202602,50689.753.15$7,893
Feb 20261452,54663.503.75$18,756
Jan 202602,03959.138.00$16,308
Dec 202502,63756.664.41$11,638
Nov 202502,27958.593.93$8,948
Oct 202502,48759.383.30$8,219
Sep 202502,43662.743.08$7,495
Aug 2025842,37863.933.01$12,539
Jul 202502,26366.743.32$7,502
Jun 202501,21966.483.13$3,814
May 202501,91160.553.23$6,177
Apr 202502,36562.363.54$8,379
Mar 2025711,91767.704.27$12,989
Feb 202501,36270.884.34$5,912
Jan 2025089474.324.28$3,825
Dec 202401,59768.993.12$4,985
Nov 202401,60669.052.20$3,531
Oct 202401,88171.372.28$4,291
Sep 202401,44169.612.36$3,407
Aug 202402,12275.632.06$4,379
Jul 202402,12279.932.15$4,555
Jun 202401,66878.082.63$4,393
May 202402,03378.812.20$4,469
Apr 20241162,12484.451.66$13,320
Mar 202402,49580.301.55$3,855
Feb 202402,10876.091.78$3,760
Jan 2024045973.023.30$1,514
Dec 202301,29671.262.61$3,383
Nov 202301,54277.892.81$4,329
Oct 202301,13585.443.09$3,504
Sep 2023091289.042.74$2,494
Aug 2023053880.522.67$1,438
Jul 2023581,34174.852.64$7,884
Jun 202301,79868.962.26$4,061
May 2023069870.622.23$1,555
Apr 2023981,36678.122.24$10,713
Mar 202301,30372.852.39$3,118
Feb 2023041975.112.47$1,033
Jan 202301,48876.533.39$5,041
Dec 202201,61876.415.73$9,270
Nov 202201,70285.005.65$9,610
Oct 202201,92387.185.86$11,276
Sep 20221331,89984.888.16$26,792
Aug 202201,79594.529.13$16,383
Jul 202202,015101.587.54$15,197
Jun 202202,053115.097.98$16,377
May 202202,463109.378.43$20,771
Apr 202202,606104.226.84$17,819
Mar 202202,141108.885.08$10,869
Feb 2022072691.054.86$3,528
Jan 202201,93981.844.54$8,799
Dec 202101,91571.323.90$7,467
Nov 202101,84277.435.24$9,646
Oct 20211692,47979.795.71$27,649
Sep 202101,79669.865.35$9,610
Aug 202102,10666.024.22$8,889
Jul 202102,52970.783.98$10,071
Jun 202102,33069.493.38$7,877
May 202102,92763.483.02$8,833
Apr 202102,91060.362.76$8,027
Mar 202102,77561.302.72$7,540
Feb 202101,76657.805.55$9,798
Jan 20211352,55250.412.81$13,977
Dec 202002,59144.642.68$6,932
Nov 202003,27138.772.71$8,853
Oct 202003,19136.972.48$7,909
Sep 202002,92137.091.99$5,816
Aug 202003,70139.982.39$8,827
Jul 202001,72738.371.83$3,152
Jun 202001,85234.901.69$3,130
May 202002,46816.921.81$4,479
Apr 20201672,25514.751.80$6,532
Mar 202002,40030.341.86$4,455
Feb 202002,28549.881.98$4,526
Jan 202002,25957.252.09$4,732
Dec 201902,46759.012.30$5,685
Nov 201901,72855.302.75$4,753
Oct 201902,09653.472.42$5,069
Sep 201902,91155.052.66$7,735
Aug 201903,18053.112.30$7,328
Jul 201903,00756.272.46$7,397
Jun 201903,69852.782.49$9,212
May 20191803,27958.482.74$19,512
Apr 201903,01162.632.75$8,282
Mar 201902,30056.803.06$7,043
Feb 201901,36350.852.79$3,806
Jan 201901,25146.033.23$4,038
Dec 201801,92546.594.19$8,057
Nov 201802,15452.934.24$9,127
Oct 201802,23361.443.40$7,588
Sep 20181652,44459.543.11$17,420
Aug 201802,92559.403.07$8,970
Jul 201802,64365.142.93$7,749
Jun 201803,07260.183.08$9,452
May 2018942,48865.382.90$13,363
Apr 201802,60763.842.90$7,562
Mar 20181132,66461.222.79$14,342
Feb 201802,31361.782.77$6,398
Jan 201802,19462.874.01$8,796
Dec 201701,54657.272.92$4,517
Nov 201708855.423.12$274
Oct 20171711,16549.292.98$11,905
Sep 201701,63347.523.09$5,042
Aug 201701,61845.373.00$4,861
Jul 201702,15743.873.09$6,659
Jun 201702,53742.493.09$7,832
May 20171562,06045.373.26$13,800
Apr 201705,61347.933.21$18,027
Mar 201702,82146.772.98$8,417
Feb 201702,66350.452.95$7,863
Jan 201703,83549.413.42$13,111
Dec 2016804,39348.763.72$20,255
Nov 20161253,85142.492.64$15,495
Oct 201604,33246.193.09$13,387
Sep 201604,08741.553.10$12,672
Aug 201604,45241.442.92$13,019
Jul 201604,60441.622.92$13,464
Jun 201604,73345.352.69$12,712
May 2016854,49842.521.99$12,570
Apr 201603,85036.561.99$7,666
Mar 2016733,45833.011.79$8,613
Feb 20161123,45026.472.06$10,084
Jan 201604,22127.352.36$9,980
Dec 20151773,83832.362.00$13,409
Nov 201503,71438.792.17$8,049
Oct 201504,22343.552.43$10,247
Sep 201504,43142.992.76$12,223
Aug 201504,77540.162.87$13,716
Jul 20151575,60748.152.95$24,073
Jun 201505,45156.152.88$15,714
May 20151845,43855.212.96$26,230
Apr 201505,01949.822.71$13,584
Mar 201505,55242.892.93$16,294
Feb 20151734,99944.662.98$22,604
Jan 201505,01843.433.10$15,559
Dec 201406,73454.693.59$24,184
Nov 201406,49070.464.25$27,594
Oct 20141137,01978.303.90$36,229
Sep 201407,32186.164.05$29,617
Aug 20141887,89189.394.04$48,646
Jul 201408,29496.564.18$34,666
Jun 2014748,63298.164.74$48,153
May 20141209,23794.734.73$55,027
Apr 20141708,63495.944.81$57,832
Mar 2014010,10295.895.06$51,084
Feb 201417110,10997.406.19$79,250
Jan 201418111,38990.404.86$71,721
Dec 201319111,40791.824.35$67,209
Nov 201348315,23588.853.74$99,867
Oct 201357620,78297.423.78$134,657
Sep 201372127,888104.113.72$178,744
Aug 201312118,643104.253.52$78,286
Jul 201300102.523.72$0
Jun 20130094.403.93$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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,841 Mcf  × $  3.05 =     $8,653

────────────────────────────────────────────────────
Month total                                   $8,653

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/270770 is the state's own key, not one this site invented.