OTIS

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) in the KRS (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277039District 09Field 47941500CondensateGasSaveExport
Value, all time
$794 k
Jan 2014 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
149
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 532 leases and 790 wells, and the rule below applies to all of them.

Discovered
2010-10-25
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 160 acres. The field rule took effect on 2015-08-25.

The Commission's schedule remark for this field reads: LEASE PLAT;

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
CondensateDisposition4,138 bbl$346,242
GasProduction126,280 Mcf$447,763
Total$794,006

Every month this lease reported (149)

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

149 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026010289.753.15$321
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202501256.664.41$53
Nov 202508858.593.93$346
Oct 202509559.383.30$314
Sep 2025010162.743.08$311
Aug 202506363.933.01$190
Jul 202508666.743.32$285
Jun 2025012166.483.13$379
May 2025011760.553.23$378
Apr 2025010362.363.54$365
Mar 2025011667.704.27$495
Feb 202507570.884.34$326
Jan 2025012074.324.28$513
Dec 2024016268.993.12$506
Nov 2024013769.052.20$301
Oct 2024013071.372.28$297
Sep 2024011969.612.36$281
Aug 2024035575.632.06$733
Jul 2024035579.932.15$762
Jun 2024022278.082.63$585
May 2024019978.812.20$437
Apr 2024019384.451.66$320
Mar 2024020980.301.55$323
Feb 2024020076.091.78$357
Jan 2024022773.023.30$749
Dec 2023022071.262.61$574
Nov 2023020577.892.81$576
Oct 2023022485.443.09$692
Sep 2023020789.042.74$566
Aug 2023120280.522.67$620
Jul 2023022374.852.64$589
Jun 2023021268.962.26$479
May 2023121770.622.23$554
Apr 2023021378.122.24$477
Mar 2023022772.852.39$543
Feb 2023019675.112.47$483
Jan 2023420876.533.39$1,011
Dec 2022021176.415.73$1,209
Nov 2022020185.005.65$1,135
Oct 2022020687.185.86$1,208
Sep 2022022684.888.16$1,845
Aug 20221029994.529.13$3,674
Jul 20220255101.587.54$1,923
Jun 20220217115.097.98$1,731
May 20220262109.378.43$2,209
Apr 20220236104.226.84$1,614
Mar 20220254108.885.08$1,289
Feb 20224123991.054.86$4,894
Jan 2022028281.844.54$1,280
Dec 2021026671.323.90$1,037
Nov 202116625577.435.24$14,189
Oct 202116725679.795.71$14,788
Sep 2021022869.865.35$1,220
Aug 2021024566.024.22$1,034
Jul 2021024970.783.98$992
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021034850.412.81$978
Dec 2020037044.642.68$990
Nov 2020033538.772.71$907
Oct 2020032236.972.48$798
Sep 20200037.091.99$0
Aug 2020026339.982.39$627
Jul 2020026738.371.83$487
Jun 2020025434.901.69$429
May 2020026616.921.81$483
Apr 202001,38414.751.80$2,497
Mar 202001,50030.341.86$2,784
Feb 202001,57549.881.98$3,120
Jan 202001,84557.252.09$3,865
Dec 201901,82159.012.30$4,196
Nov 201901,78755.302.75$4,916
Oct 201902,00753.472.42$4,854
Sep 201901,90555.052.66$5,062
Aug 201901,88453.112.30$4,341
Jul 201901,36756.272.46$3,363
Jun 201903,65252.782.49$9,098
May 201901,49958.482.74$4,108
Apr 201901,08762.632.75$2,990
Mar 2019092356.803.06$2,826
Feb 2019057550.852.79$1,606
Jan 2019056446.033.23$1,821
Dec 2018058546.594.19$2,448
Nov 2018055052.934.24$2,330
Oct 2018053161.443.40$1,804
Sep 2018055659.543.11$1,728
Aug 201801,04159.403.07$3,192
Jul 2018055565.142.93$1,627
Jun 2018051060.183.08$1,569
May 2018047265.382.90$1,369
Apr 2018561,75363.842.90$8,660
Mar 2018044261.222.79$1,232
Feb 2018023661.782.77$653
Jan 2018019362.874.01$774
Dec 2017042257.272.92$1,233
Nov 2017042955.423.12$1,338
Oct 2017047449.292.98$1,414
Sep 2017045647.523.09$1,408
Aug 2017051845.373.00$1,556
Jul 2017053843.873.09$1,661
Jun 2017050442.493.09$1,556
May 2017051745.373.26$1,687
Apr 2017027247.933.21$874
Mar 2017033346.772.98$994
Feb 2017052050.452.95$1,535
Jan 2017037449.413.42$1,279
Dec 2016049548.763.72$1,843
Nov 2016059342.492.64$1,568
Oct 2016063246.193.09$1,953
Sep 2016063841.553.10$1,978
Aug 2016066741.442.92$1,951
Jul 2016072941.622.92$2,132
Jun 2016072245.352.69$1,939
May 2016076942.521.99$1,531
Apr 2016076336.561.99$1,519
Mar 2016085433.011.79$1,532
Feb 2016080726.472.06$1,665
Jan 2016095127.352.36$2,249
Dec 2015171,15232.362.00$2,856
Nov 20151771,02138.792.17$9,079
Oct 201501,23643.552.43$2,999
Sep 201501,28642.992.76$3,547
Aug 201501,36940.162.87$3,932
Jul 201501,63248.152.95$4,806
Jun 20151741,42856.152.88$13,887
May 201501,87555.212.96$5,541
Apr 201501,71649.822.71$4,644
Mar 201502,06742.892.93$6,066
Feb 20151801,68744.662.98$13,060
Jan 201502,45443.433.10$7,609
Dec 20141854,60854.693.59$26,667
Nov 201402,01670.464.25$8,572
Oct 201401,28178.303.90$4,997
Sep 20141782,75786.164.05$26,490
Aug 20141722,52389.394.04$25,556
Jul 201402,90096.564.18$12,121
Jun 20141792,96198.164.74$31,597
May 20143414,02194.734.73$51,308
Apr 20141764,58995.944.81$38,954
Mar 20143495,40695.895.06$60,803
Feb 20145274,75897.406.19$80,791
Jan 20141,0379,68890.404.86$140,835

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                  102 Mcf  × $  3.15 =       $321

────────────────────────────────────────────────────
Month total                                     $321

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/277039 is the state's own key, not one this site invented.