WOODLAND ESTATES WEST 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 272690District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.0 M
Apr 2012 – Feb 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
78
17 months not filed
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
CondensateDisposition1 bbl$42
GasProduction1,582,498 Mcf$6,004,681
Total$6,004,722

Every month this lease reported (78)

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

78 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201804061.222.79$111
Feb 2018047161.782.77$1,303
Jan 201801,16462.874.01$4,667
Dec 2017044857.272.92$1,309
Nov 2017016555.423.12$515
Oct 2017036249.292.98$1,080
Sep 2017015947.523.09$491
Aug 2017025545.373.00$766
Jul 201704,92343.873.09$15,199
Jun 201702,89042.493.09$8,922
May 201702,01545.373.26$6,576
Apr 201702,64147.933.21$8,482
Mar 201703,63646.772.98$10,849
Feb 201705,53550.452.95$16,343
Jan 2017098949.413.42$3,381
Dec 201601,68048.763.72$6,254
Nov 20160042.492.64$0
Oct 201607,24546.193.09$22,389
Sep 2016015,47741.553.10$47,988
Aug 2016025,93541.442.92$75,843
Jul 2016125,16441.622.92$73,630
Jun 2016022,58145.352.69$60,649
May 2016030,87642.521.99$61,475
Apr 2016026,99336.561.99$53,744
Mar 2016024,91233.011.79$44,692
Feb 2016018,26626.472.06$37,694
Jan 2016023,64127.352.36$55,896
Dec 201509,66132.362.00$19,336
Nov 201505,39038.792.17$11,682
Oct 2015013,61343.552.43$33,033
Sep 2015030,76342.992.76$84,857
Aug 2015037,91940.162.87$108,922
Jul 2015033,79648.152.95$99,532
Jun 2015030,28156.152.88$87,296
May 2015024,21655.212.96$71,569
Apr 2015027,40849.822.71$74,182
Mar 2015042,57042.892.93$124,931
Feb 2015039,88544.662.98$118,705
Jan 2015047,27043.433.10$146,567
Dec 2014044,32954.693.59$159,201
Nov 2014043,11970.464.25$183,335
Oct 2014042,92778.303.90$167,457
Sep 2014034,23486.164.05$138,492
Aug 2014043,25589.394.04$174,539
Jul 2014062,16996.564.18$259,842
Jun 2014063,76998.164.74$302,066
May 2014059,03294.734.73$279,018
Apr 2014060,30295.944.81$290,000
Mar 2014071,47695.895.06$361,440
Feb 2014072,61397.406.19$449,620
Jan 2014087,86790.404.86$427,097
Dec 20130104,08391.824.35$453,227
Nov 20130127,37688.853.74$476,167
Oct 2013074,71297.423.78$282,364
Apr 201200101.652.00$0

Not filed, and not zero: May 2012 – Sep 2013 (17 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Mar 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.22 =         $0
Gas                   40 Mcf  × $  2.79 =       $111

────────────────────────────────────────────────────
Month total                                     $111

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/272690 is the state's own key, not one this site invented.