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 275138District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.4 M
Sep 2014 – May 2026
Value, last 12 filed months
$254 k
at the published price for each month
Months reported
141
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
CondensateDisposition210 bbl$9,245
GasProduction2,660,490 Mcf$8,378,995
Total$8,388,240

Every month this lease reported (141)

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

141 months

May 202606,673106.413.05$20,325
Apr 202606,68198.932.87$19,173
Mar 202607,40889.753.15$23,331
Feb 202606,58763.503.75$24,703
Jan 202607,49559.138.00$59,944
Dec 202506,98156.664.41$30,810
Nov 202508,80358.593.93$34,564
Oct 202507,99759.383.30$26,429
Sep 202504,27062.743.08$13,138
Aug 2025010163.933.01$304
Jul 20250066.743.32$0
Jun 2025027466.483.13$857
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 20240269.052.20$4
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023013,36885.443.09$41,271
Sep 2023012,80289.042.74$35,014
Aug 2023013,08280.522.67$34,967
Jul 2023013,22274.852.64$34,930
Jun 2023013,95268.962.26$31,510
May 2023014,48370.622.23$32,259
Apr 2023013,95378.122.24$31,223
Mar 2023015,40872.852.39$36,874
Feb 202309,47175.112.47$23,352
Jan 2023013,01376.533.39$44,084
Dec 2022012,28976.415.73$70,405
Nov 2022013,23885.005.65$74,744
Oct 2022013,78687.185.86$80,838
Sep 2022012,42584.888.16$101,434
Aug 2022013,38494.529.13$122,158
Jul 2022014,809101.587.54$111,691
Jun 2022017,971115.097.98$143,358
May 2022012,493109.378.43$105,354
Apr 2022014,109104.226.84$96,472
Mar 2022015,684108.885.08$79,618
Feb 2022013,82791.054.86$67,183
Jan 2022014,01881.844.54$63,609
Dec 2021015,84971.323.90$61,797
Nov 2021016,57277.435.24$86,785
Oct 2021019,14079.795.71$109,363
Sep 2021013,60969.865.35$72,821
Aug 2021014,78666.024.22$62,406
Jul 2021014,48370.783.98$57,672
Jun 2021012,27369.493.38$41,490
May 2021017,08563.483.02$51,557
Apr 2021015,56660.362.76$42,938
Mar 2021019,40861.302.72$52,730
Feb 2021015,70157.805.55$87,108
Jan 2021015,67350.412.81$44,045
Dec 2020015,71944.642.68$42,056
Nov 2020018,59738.772.71$50,334
Oct 2020019,08836.972.48$47,308
Sep 2020020,86137.091.99$41,535
Aug 2020024,85839.982.39$59,289
Jul 2020024,49938.371.83$44,714
Jun 2020021,39134.901.69$36,157
May 2020020,81116.921.81$37,767
Apr 2020020,89214.751.80$37,697
Mar 2020021,88430.341.86$40,622
Feb 2020022,49349.881.98$44,551
Jan 2020025,06757.252.09$52,509
Dec 2019021,43859.012.30$49,401
Nov 2019020,62355.302.75$56,728
Oct 2019019,48953.472.42$47,135
Sep 2019019,83555.052.66$52,707
Aug 2019020,27353.112.30$46,716
Jul 2019022,02956.272.46$54,193
Jun 2019016,59952.782.49$41,351
May 2019017,74158.482.74$48,616
Apr 2019018,73062.632.75$51,521
Mar 2019022,05956.803.06$67,547
Feb 2019021,46350.852.79$59,929
Jan 2019026,35946.033.23$85,092
Dec 2018025,62746.594.19$107,260
Nov 2018029,95752.934.24$126,935
Oct 2018031,76661.443.40$107,943
Sep 2018031,71059.543.11$98,555
Aug 2018034,36159.403.07$105,370
Jul 2018035,70865.142.93$104,692
Jun 2018032,32960.183.08$99,474
May 2018032,48265.382.90$94,224
Apr 2018029,72863.842.90$86,235
Mar 2018031,26061.222.79$87,117
Feb 2018027,69761.782.77$76,613
Jan 2018026,75562.874.01$107,269
Dec 2017024,87357.272.92$72,667
Nov 2017017,89155.423.12$55,791
Oct 2017019,03149.292.98$56,782
Sep 2017018,12047.523.09$55,942
Aug 2017017,00045.373.00$51,075
Jul 2017020,62843.873.09$63,684
Jun 2017022,97842.493.09$70,940
May 2017023,43845.373.26$76,488
Apr 2017027,85047.933.21$89,443
Mar 2017043,18946.772.98$128,862
Feb 2017035,14650.452.95$103,772
Jan 2017029,18249.413.42$99,767
Dec 2016034,78248.763.72$129,487
Nov 2016038,44042.492.64$101,649
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016021,32041.622.92$62,347
Jun 2016031,70445.352.69$85,152
May 2016036,39142.521.99$72,456
Apr 2016034,77836.561.99$69,244
Mar 2016034,85633.011.79$62,532
Feb 2016034,05726.472.06$70,281
Jan 2016040,99527.352.36$96,927
Dec 2015024,11532.362.00$48,264
Nov 2015036,93938.792.17$80,059
Oct 201512040,18543.552.43$102,738
Sep 2015037,56742.992.76$103,626
Aug 2015040,86640.162.87$117,387
Jul 2015043,25848.152.95$127,398
Jun 2015045,01856.152.88$129,781
May 2015049,69855.212.96$146,880
Apr 2015052,76749.822.71$142,818
Mar 2015061,97542.892.93$181,879
Feb 20159024,96644.662.98$78,323
Jan 2015083,37543.433.10$258,515
Dec 2014086,73054.693.59$311,479
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$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                6,673 Mcf  × $  3.05 =    $20,325

────────────────────────────────────────────────────
Month total                                  $20,325

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/275138 is the state's own key, not one this site invented.