SEDGWICK

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.

Oil lease lease 31489District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jul 2009 – Jun 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition10,928 bbl$824,730
Casinghead gasProduction182,343 Mcf$686,361
Total$1,511,092

Every month this lease reported (168)

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

168 months

Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201922058.482.74$1,287
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20175741849.413.42$4,245
Dec 2016048448.763.72$1,802
Nov 2016048442.492.64$1,280
Oct 2016051246.193.09$1,582
Sep 2016050541.553.10$1,566
Aug 2016052541.442.92$1,535
Jul 2016054241.622.92$1,585
Jun 2016052045.352.69$1,397
May 2016056242.521.99$1,119
Apr 2016082636.561.99$1,645
Mar 201601,79533.011.79$3,220
Feb 20161721,78926.472.06$8,245
Jan 201601,92427.352.36$4,549
Dec 201502,04932.362.00$4,101
Nov 201502,02338.792.17$4,385
Oct 20151742,01243.552.43$12,460
Sep 201502,09542.992.76$5,779
Aug 201502,32940.162.87$6,690
Jul 20151742,57548.152.95$15,962
Jun 201501,13456.152.88$3,269
May 2015058455.212.96$1,726
Apr 201501,34049.822.71$3,627
Mar 20151752,07542.892.93$13,595
Feb 201502,02044.662.98$6,012
Jan 20151631,57943.433.10$11,975
Dec 2014099054.693.59$3,555
Nov 2014071970.464.25$3,057
Oct 201401,19378.303.90$4,654
Sep 201401,06186.164.05$4,292
Aug 20141721,51089.394.04$21,468
Jul 201401,48896.564.18$6,219
Jun 201401,49198.164.74$7,063
May 201401,38294.734.73$6,532
Apr 20141831,35095.944.81$24,049
Mar 201401,55595.895.06$7,863
Feb 201401,40797.406.19$8,712
Jan 201411,50290.404.86$7,391
Dec 201301,73391.824.35$7,546
Nov 20131761,61588.853.74$21,675
Oct 201301,73797.423.78$6,565
Sep 201301,715104.113.72$6,376
Aug 201301,835104.253.52$6,464
Jul 20131811,856102.523.72$25,456
Jun 201301,84594.403.93$7,257
May 201311,92894.834.15$8,094
Apr 20131611,44193.964.28$21,299
Mar 201301,87793.623.91$7,344
Feb 201301,60691.233.42$5,492
Jan 20131721,93291.603.42$22,362
Dec 201201,46686.773.42$5,014
Nov 201201,95786.953.62$7,094
Oct 20121702,02289.383.40$22,069
Sep 201202,03194.672.92$5,927
Aug 20121712,19292.662.91$22,220
Jul 201202,20885.133.02$6,670
Jun 201202,15279.822.52$5,421
May 20121602,64791.612.49$21,244
Apr 20120387101.652.00$773
Mar 20121712,135105.052.22$22,708
Feb 201202,170101.102.57$5,577
Jan 20121552,30898.092.73$21,514
Dec 201102,45796.873.24$7,960
Nov 20111712,49295.723.31$24,620
Oct 20111612,02484.983.65$21,066
Sep 201102,25383.623.99$8,980
Aug 20111812,74983.404.15$26,502
Jul 201103,36994.144.52$15,219
Jun 20111642,76392.904.64$28,056
May 20111733,16598.134.40$30,918
Apr 201103,599105.964.33$15,595
Mar 20111603,13396.364.06$28,129
Feb 20111823,60785.644.18$30,664
Jan 20111563,30386.504.59$28,651
Dec 20101822,73285.734.35$27,481
Nov 2010086880.843.80$3,294
Oct 20101781,59178.103.51$19,484
Sep 20101772,00972.633.98$20,850
Aug 201001,78573.684.42$7,889
Jul 20101721,74672.554.74$20,749
Jun 20101791,72770.364.91$21,075
May 20101742,44771.124.24$22,738
Apr 20101722,86181.694.12$25,846
Mar 20105484,03078.394.39$60,644
Feb 20103324,40273.585.44$48,386
Jan 20105444,81374.365.96$69,157
Dec 20096784,80971.445.48$74,808
Nov 20094992,63174.593.75$47,091
Oct 20099965,28972.544.11$93,989
Sep 20091,9388,83665.543.06$154,097
Aug 200901,70967.423.22$5,500
Jul 20090061.133.46$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 2019 — as filed, then multipliedworked
Oil                   22 bbl  × $ 58.48 =     $1,287
Casinghead gas         0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $1,287

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/O/31489 is the state's own key, not one this site invented.