STEEPLES

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 274209District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
May 2014 – May 2026
Value, last 12 filed months
$541 k
at the published price for each month
Months reported
145
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
CondensateDisposition120 bbl$6,650
GasProduction2,894,879 Mcf$8,872,059
Total$8,878,709

Every month this lease reported (145)

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

145 months

May 2026010,738106.413.05$32,706
Apr 2026010,32498.932.87$29,627
Mar 2026010,67589.753.15$33,620
Feb 202609,65763.503.75$36,217
Jan 2026011,59859.138.00$92,760
Dec 2025013,47956.664.41$59,488
Nov 2025012,65958.593.93$49,705
Oct 2025011,93559.383.30$39,443
Sep 2025014,45462.743.08$44,474
Aug 2025015,74763.933.01$47,473
Jul 2025011,76966.743.32$39,017
Jun 2025011,65566.483.13$36,465
May 2025011,99760.553.23$38,778
Apr 202507,63662.363.54$27,055
Mar 202506,17967.704.27$26,374
Feb 202506,79770.884.34$29,505
Jan 202502,30574.324.28$9,862
Dec 202404,94068.993.12$15,420
Nov 202406,51469.052.20$14,321
Oct 202407,21571.372.28$16,460
Sep 202406,56169.612.36$15,513
Aug 202405,60975.632.06$11,575
Jul 202407,01079.932.15$15,048
Jun 202405,58378.082.63$14,706
May 202405,53878.812.20$12,175
Apr 202403,43784.451.66$5,703
Mar 202403,92480.301.55$6,063
Feb 202406,50976.091.78$11,610
Jan 202408,62273.023.30$28,432
Dec 202309,21171.262.61$24,047
Nov 202308,17677.892.81$22,955
Oct 2023010,27985.443.09$31,734
Sep 202308,18089.042.74$22,373
Aug 202308,48280.522.67$22,671
Jul 202307,86774.852.64$20,783
Jun 202309,58368.962.26$21,643
May 202309,52870.622.23$21,223
Apr 202309,17778.122.24$20,536
Mar 2023010,05872.852.39$24,070
Feb 202305,96875.112.47$14,715
Jan 2023010,20476.533.39$34,568
Dec 202209,86276.415.73$56,500
Nov 2022013,50785.005.65$76,263
Oct 2022012,39587.185.86$72,681
Sep 2022012,62684.888.16$103,075
Aug 2022013,64794.529.13$124,558
Jul 2022013,356101.587.54$100,732
Jun 2022013,195115.097.98$105,259
May 2022011,561109.378.43$97,494
Apr 2022010,826104.226.84$74,024
Mar 202209,911108.885.08$50,312
Feb 202206,61191.054.86$32,122
Jan 202207,32981.844.54$33,257
Dec 202106,11971.323.90$23,859
Nov 202104,43077.435.24$23,199
Oct 202105,03479.795.71$28,764
Sep 202101,80769.865.35$9,669
Aug 202103,83566.024.22$16,186
Jul 202104,53570.783.98$18,059
Jun 202104,40469.493.38$14,888
May 202104,98963.483.02$15,055
Apr 202106,95360.362.76$19,179
Mar 2021010,26361.302.72$27,884
Feb 2021012,75157.805.55$70,742
Jan 202109,87950.412.81$27,763
Dec 202009,95244.642.68$26,626
Nov 2020010,97938.772.71$29,715
Oct 2020012,37236.972.48$30,663
Sep 2020012,08137.091.99$24,054
Aug 2020012,57839.982.39$30,000
Jul 2020012,04238.371.83$21,978
Jun 2020011,74434.901.69$19,851
May 2020013,79916.921.81$25,042
Apr 2020011,92714.751.80$21,521
Mar 2020011,66930.341.86$21,660
Feb 2020010,54249.881.98$20,880
Jan 2020011,74557.252.09$24,603
Dec 2019013,65859.012.30$31,473
Nov 2019015,95155.302.75$43,876
Oct 2019017,69553.472.42$42,796
Sep 2019020,12955.052.66$53,488
Aug 2019019,08153.112.30$43,969
Jul 2019016,37956.272.46$40,293
Jun 2019018,72952.782.49$46,658
May 2019019,17958.482.74$52,557
Apr 2019016,69962.632.75$45,934
Mar 2019017,33556.803.06$53,082
Feb 2019018,59950.852.79$51,933
Jan 2019020,67346.033.23$66,736
Dec 2018019,56446.594.19$81,884
Nov 2018017,42752.934.24$73,842
Oct 2018018,24561.443.40$61,998
Sep 2018018,30959.543.11$56,904
Aug 2018020,34259.403.07$62,380
Jul 2018022,32365.142.93$65,448
Jun 2018022,24060.183.08$68,431
May 2018025,00665.382.90$72,537
Apr 2018023,25763.842.90$67,464
Mar 2018024,06061.222.79$67,051
Feb 2018022,28061.782.77$61,629
Jan 2018025,18862.874.01$100,987
Dec 2017030,13757.272.92$88,046
Nov 201712025,94855.423.12$87,566
Oct 2017030,42649.292.98$90,781
Sep 2017030,40247.523.09$93,859
Aug 2017027,84445.373.00$83,655
Jul 2017028,42643.873.09$87,759
Jun 2017027,04942.493.09$83,508
May 2017027,59045.373.26$90,037
Apr 2017029,84547.933.21$95,850
Mar 2017032,82646.772.98$97,942
Feb 2017026,71350.452.95$78,873
Jan 2017034,25149.413.42$117,097
Dec 2016038,04948.763.72$141,650
Nov 2016039,57842.492.64$104,658
Oct 2016043,03046.193.09$132,974
Sep 2016038,18141.553.10$118,385
Aug 2016043,12641.442.92$126,115
Jul 2016045,78841.622.92$133,900
Jun 2016046,68745.352.69$125,393
May 2016054,54242.521.99$108,595
Apr 2016068,63936.561.99$136,663
Mar 2016059,83233.011.79$107,339
Feb 2016076,15526.472.06$157,156
Jan 201602,41927.352.36$5,719
Dec 2015022,84632.362.00$45,724
Nov 2015050,94338.792.17$110,410
Oct 2015055,41743.552.43$134,474
Sep 2015051,47442.992.76$141,987
Aug 2015055,43440.162.87$159,234
Jul 2015059,07748.152.95$173,986
Jun 2015061,84956.152.88$178,302
May 2015067,75455.212.96$200,244
Apr 2015072,13349.822.71$195,233
Mar 2015083,57042.892.93$245,254
Feb 2015018,15244.662.98$54,024
Jan 20150107,95943.433.10$334,741
Dec 2014094,46854.693.59$339,269
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201406186.164.05$247
Aug 201404,87789.394.04$19,679
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$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               10,738 Mcf  × $  3.05 =    $32,706

────────────────────────────────────────────────────
Month total                                  $32,706

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/274209 is the state's own key, not one this site invented.