RANDALL, TANYA

Operated by INITIAL ENERGY SERVICES, LLC (P-5 425395) 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 189623District 09Field 65280200CondensateGasSaveExport
Value, all time
$103 k
Dec 2001 – Sep 2010
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
106
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
CondensateDisposition263 bbl$14,807
GasProduction19,482 Mcf$87,878
Total$102,685

Every month this lease reported (106)

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

106 months

Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201083072.554.74$6,022
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008500114.228.48$5,711
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060164.397.36$7
Mar 20060756.707.08$50
Feb 200601757.597.75$132
Jan 200603060.598.93$268
Dec 20050354.9413.42$40
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005039461.519.80$3,860
Jul 2005031055.697.84$2,432
Jun 2005027652.337.38$2,037
May 2005030145.226.65$2,002
Apr 2005030149.207.36$2,216
Mar 2005032750.377.15$2,340
Feb 20050045.226.31$0
Jan 2005028743.166.32$1,814
Dec 2004045739.866.75$3,085
Nov 2004041945.286.33$2,652
Oct 2004035849.706.52$2,332
Sep 2004031943.245.28$1,686
Aug 2004027842.375.55$1,543
Jul 2004034938.286.08$2,123
Jun 2004043036.106.43$2,766
May 2004042737.486.49$2,773
Apr 2004035434.475.86$2,074
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200302829.765.13$144
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200304426.675.41$238
Mar 2003067431.146.10$4,109
Feb 2003056633.487.93$4,486
Jan 2003056630.315.58$3,159
Dec 2002042726.914.85$2,073
Nov 200204124.664.14$170
Oct 200208426.464.23$355
Sep 2002024127.443.64$876
Aug 2002030025.963.16$949
Jul 200201,37124.583.06$4,198
Jun 200201,32323.733.34$4,416
May 200201,53624.663.58$5,505
Apr 20021301,67623.653.51$8,961
Mar 200201,78722.003.10$5,545
Feb 200201,50518.222.38$3,575
Jan 200201,49017.172.38$3,540
Dec 2001017816.932.36$421

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.

Jul 2010 — as filed, then multipliedworked
Condensate            83 bbl  × $ 72.55 =     $6,022
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $6,022

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/189623 is the state's own key, not one this site invented.