PETTY

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 278718District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.1 M
May 2015 – May 2026
Value, last 12 filed months
$173 k
at the published price for each month
Months reported
133
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
CondensateDisposition2,351 bbl$139,080
GasProduction604,069 Mcf$1,985,203
Total$2,124,283

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.3656, -97.4996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.36557, -97.49960 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,078 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,078 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-497357481AH8,078 ftJun 2014

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (133)

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

133 months

May 202604,229106.413.05$12,881
Apr 2026076998.932.87$2,207
Mar 202603,34289.753.15$10,525
Feb 202603,01263.503.75$11,296
Jan 202602,93859.138.00$23,498
Dec 202503,70156.664.41$16,334
Nov 202504,09058.593.93$16,059
Oct 20251634,15959.383.30$23,424
Sep 202504,17662.743.08$12,849
Aug 202504,52363.933.01$13,636
Jul 202504,48866.743.32$14,879
Jun 202504,87266.483.13$15,243
May 202504,14360.553.23$13,392
Apr 202505,00162.363.54$17,719
Mar 202505,19667.704.27$22,178
Feb 202505,02470.884.34$21,808
Jan 202505,54674.324.28$23,730
Dec 20240068.993.12$0
Nov 20240069.052.20$0
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 202403978.812.20$86
Apr 20240084.451.66$0
Mar 2024421,20680.301.55$5,236
Feb 202406876.091.78$121
Jan 20241112,50373.023.30$16,359
Dec 202304,70571.262.61$12,283
Nov 202304,63077.892.81$12,999
Oct 202304,89685.443.09$15,115
Sep 2023624,93089.042.74$19,004
Aug 202305,02180.522.67$13,421
Jul 202305,42874.852.64$14,340
Jun 2023765,42468.962.26$17,491
May 202305,97270.622.23$13,302
Apr 202306,90778.122.24$15,456
Mar 202309,21172.852.39$22,043
Feb 202303,02175.112.47$7,449
Jan 20230076.533.39$0
Dec 2022010276.415.73$584
Nov 202201685.005.65$90
Oct 202205,22987.185.86$30,662
Sep 202205,36984.888.16$43,831
Aug 20221635,68494.529.13$67,286
Jul 202205,562101.587.54$41,949
Jun 202205,472115.097.98$43,651
May 202205,748109.378.43$48,473
Apr 202205,551104.226.84$37,956
Mar 20221255,808108.885.08$43,094
Feb 202205,04691.054.86$24,518
Jan 202205,23781.844.54$23,764
Dec 202105,41971.323.90$21,129
Nov 202105,42977.435.24$28,431
Oct 202105,42879.795.71$31,015
Sep 202105,55369.865.35$29,714
Aug 20211685,82866.024.22$35,689
Jul 202105,83070.783.98$23,216
Jun 202105,96469.493.38$20,162
May 202106,23063.483.02$18,800
Apr 202106,34560.362.76$17,502
Mar 202107,25361.302.72$19,706
Feb 202103,81557.805.55$21,165
Jan 202106,30550.412.81$17,719
Dec 202005,85544.642.68$15,665
Nov 202006,12238.772.71$16,570
Oct 20201666,34836.972.48$21,870
Sep 202006,38637.091.99$12,715
Aug 202006,57839.982.39$15,689
Jul 202006,54338.371.83$11,942
Jun 202006,37834.901.69$10,781
May 202009,71416.921.81$17,628
Apr 202007,13214.751.80$12,869
Mar 202007,38430.341.86$13,706
Feb 20201536,97049.881.98$21,437
Jan 202007,39657.252.09$15,493
Dec 201907,60759.012.30$17,529
Nov 201907,75155.302.75$21,321
Oct 201907,42053.472.42$17,946
Sep 201907,26855.052.66$19,313
Aug 201905,16453.112.30$11,900
Jul 201904,86256.272.46$11,961
Jun 20191814,33552.782.49$20,353
May 201905,02558.482.74$13,770
Apr 201904,76362.632.75$13,102
Mar 201904,90056.803.06$15,004
Feb 201904,31150.852.79$12,037
Jan 20191304,54146.033.23$20,643
Dec 201814,78246.594.19$20,061
Nov 201804,73952.934.24$20,080
Oct 201804,98561.443.40$16,939
Sep 201804,86959.543.11$15,133
Aug 201805,40059.403.07$16,559
Jul 201804,58565.142.93$13,443
Jun 201804,49860.183.08$13,840
May 201804,26965.382.90$12,384
Apr 2018023663.842.90$685
Mar 20181828861.222.79$11,387
Feb 201803,75661.782.77$10,390
Jan 201802,08762.874.01$8,367
Dec 201702,42257.272.92$7,076
Nov 201704,55455.423.12$14,201
Oct 201704,52649.292.98$13,504
Sep 201704,55647.523.09$14,066
Aug 201705,19145.373.00$15,596
Jul 20170043.873.09$0
Jun 20171854,85942.493.09$22,862
May 201731,89845.373.26$6,330
Apr 201705,26147.933.21$16,896
Mar 201702,21646.772.98$6,612
Feb 201702,45950.452.95$7,260
Jan 201702,70349.413.42$9,241
Dec 201602,78248.763.72$10,357
Nov 201602,75042.492.64$7,272
Oct 20161412,26446.193.09$13,509
Sep 201602,22341.553.10$6,893
Aug 201602,34841.442.92$6,866
Jul 201605,68741.622.92$16,631
Jun 201605,61345.352.69$15,076
May 201605,39042.521.99$10,732
Apr 201604,43336.561.99$8,826
Mar 20161556,02633.011.79$15,927
Feb 201604,67926.472.06$9,656
Jan 201607,10527.352.36$16,799
Dec 201507,13732.362.00$14,284
Nov 201507,06338.792.17$15,308
Oct 201506,05343.552.43$14,688
Sep 201507,02342.992.76$19,372
Aug 201507,30940.162.87$20,995
Jul 20151447,45448.152.95$28,886
Jun 201507,77656.152.88$22,417
May 201509,86955.212.96$29,167

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                4,229 Mcf  × $  3.05 =    $12,881

────────────────────────────────────────────────────
Month total                                  $12,881

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/278718 is the state's own key, not one this site invented.