STEEPLES-MARTIN (SA)

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 274905District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.4 M
May 2014 – May 2026
Value, last 12 filed months
$125 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
CondensateDisposition326 bbl$15,485
GasProduction2,625,889 Mcf$8,355,915
Total$8,371,400

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 202601,147106.413.05$3,494
Apr 202601,16398.932.87$3,337
Mar 202601,14889.753.15$3,616
Feb 2026089363.503.75$3,349
Jan 2026083059.138.00$6,638
Dec 2025071856.664.41$3,169
Nov 2025028758.593.93$1,127
Oct 202502,59359.383.30$8,569
Sep 202508,41762.743.08$25,898
Aug 202509,83263.933.01$29,641
Jul 202504,64866.743.32$15,409
Jun 202506,52566.483.13$20,415
May 202508,66760.553.23$28,015
Apr 202508,40562.363.54$29,780
Mar 202508,46967.704.27$36,148
Feb 2025096670.884.34$4,193
Jan 202506,67274.324.28$28,547
Dec 202409,32068.993.12$29,091
Nov 2024010,40269.052.20$22,868
Oct 202409,34471.372.28$21,317
Sep 202409,17969.612.36$21,702
Aug 202407,68275.632.06$15,853
Jul 202406,36479.932.15$13,661
Jun 202402,92378.082.63$7,699
May 2024037478.812.20$822
Apr 2024012284.451.66$202
Mar 20240080.301.55$0
Feb 202401,01776.091.78$1,814
Jan 2024010373.023.30$340
Dec 20230071.262.61$0
Nov 2023092677.892.81$2,600
Oct 202305,73585.443.09$17,706
Sep 202305,09989.042.74$13,946
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202302,13270.622.23$4,749
Apr 2023071678.122.24$1,602
Mar 202305,07172.852.39$12,136
Feb 2023010,55675.112.47$26,028
Jan 2023017,22776.533.39$58,360
Dec 2022014,13476.415.73$80,975
Nov 2022011,76785.005.65$66,439
Oct 2022010,20087.185.86$59,810
Sep 20220084.888.16$0
Aug 2022018,63194.529.13$170,048
Jul 2022017,231101.587.54$129,958
Jun 2022018,285115.097.98$145,863
May 2022018,595109.378.43$156,812
Apr 2022017,752104.226.84$121,381
Mar 2022016,168108.885.08$82,075
Feb 2022014,40691.054.86$69,996
Jan 2022013,13281.844.54$59,589
Dec 2021015,41071.323.90$60,085
Nov 2021014,94577.435.24$78,265
Oct 2021017,01379.795.71$97,210
Sep 2021012,84169.865.35$68,711
Aug 20210066.024.22$0
Jul 202107,82170.783.98$31,144
Jun 202106,05869.493.38$20,480
May 2021012,77563.483.02$38,551
Apr 2021016,06860.362.76$44,322
Mar 2021016,40361.302.72$44,566
Feb 2021015,08557.805.55$83,691
Jan 2021017,59250.412.81$49,438
Dec 2020011,18944.642.68$29,936
Nov 2020013038.772.71$352
Oct 202003,22336.972.48$7,988
Sep 202005,24237.091.99$10,437
Aug 202006,48339.982.39$15,463
Jul 202004,68538.371.83$8,551
Jun 202004,74434.901.69$8,019
May 2020011,36916.921.81$20,632
Apr 202007,53214.751.80$13,591
Mar 202005,37130.341.86$9,970
Feb 202009,46849.881.98$18,753
Jan 202009,38157.252.09$19,651
Dec 2019012,47259.012.30$28,740
Nov 2019023,58255.302.75$64,867
Oct 2019023,51553.472.42$56,872
Sep 2019021,23455.052.66$56,425
Aug 2019023,78353.112.30$54,805
Jul 2019023,93356.272.46$58,877
Jun 2019023,17452.782.49$57,731
May 2019032,02658.482.74$87,761
Apr 2019031,58062.632.75$86,867
Mar 2019034,38756.803.06$105,296
Feb 2019031,41150.852.79$87,706
Jan 2019035,77446.033.23$115,485
Dec 2018040,45646.594.19$169,326
Nov 2018032,58252.934.24$138,058
Oct 2018012,17361.443.40$41,365
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180360.183.08$9
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201786055.423.12$4,766
Oct 20170049.292.98$0
Sep 201702,12547.523.09$6,560
Aug 2017038,99245.373.00$117,148
Jul 2017040,54343.873.09$125,168
Jun 2017038,86942.493.09$119,999
May 2017039,64745.373.26$129,384
Apr 2017042,15447.933.21$135,382
Mar 2017042,68446.772.98$127,355
Feb 2017034,73550.452.95$102,559
Jan 2017042,38449.413.42$144,902
Dec 2016044,47248.763.72$165,562
Nov 2016051,23342.492.64$135,478
Oct 2016055,60646.193.09$171,837
Sep 2016049,36041.553.10$153,047
Aug 2016046,32841.442.92$135,479
Jul 2016045,68641.622.92$133,601
Jun 2016044,52945.352.69$119,597
May 2016051,11042.521.99$101,762
Apr 2016055,71236.561.99$110,925
Mar 2016051,54433.011.79$92,470
Feb 2016047,58026.472.06$98,188
Jan 201603,18827.352.36$7,538
Dec 2015014,74132.362.00$29,503
Nov 2015044,40238.792.17$96,234
Oct 2015048,35843.552.43$117,345
Sep 2015045,58642.992.76$125,745
Aug 2015049,54240.162.87$142,309
Jul 2015053,39348.152.95$157,247
Jun 2015055,67756.152.88$160,509
May 2015061,20355.212.96$180,882
Apr 2015064,91249.822.71$175,689
Mar 2015076,60242.892.93$224,805
Feb 201524067,41744.662.98$211,364
Jan 20150106,17443.433.10$329,206
Dec 2014090,51554.693.59$325,072
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
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                1,147 Mcf  × $  3.05 =     $3,494

────────────────────────────────────────────────────
Month total                                   $3,494

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/274905 is the state's own key, not one this site invented.