RANDLE

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 234492District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.5 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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
CondensateDisposition2,963 bbl$241,239
GasProduction1,128,806 Mcf$5,298,848
Total$5,540,088

Every month this lease reported (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
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 20240069.052.20$0
Oct 20245071.372.28$357
Sep 20245069.612.36$348
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 202301,52585.443.09$4,708
Sep 202302,80689.042.74$7,675
Aug 202303,50780.522.67$9,374
Jul 202303,26174.852.64$8,615
Jun 202302,91768.962.26$6,588
May 202302,60770.622.23$5,807
Apr 202302,24878.122.24$5,030
Mar 202302,72572.852.39$6,521
Feb 202302,55475.112.47$6,297
Jan 202302,66276.533.39$9,018
Dec 202202,35176.415.73$13,469
Nov 202202,40785.005.65$13,590
Oct 202202,15887.185.86$12,654
Sep 202202,26084.888.16$18,450
Aug 202202,43794.529.13$22,243
Jul 202202,791101.587.54$21,050
Jun 202202,788115.097.98$22,240
May 202202,930109.378.43$24,709
Apr 202202,778104.226.84$18,995
Mar 20221792,862108.885.08$34,018
Feb 202202,54491.054.86$12,361
Jan 202202,82881.844.54$12,833
Dec 202102,70171.323.90$10,532
Nov 202102,65177.435.24$13,883
Oct 202102,70079.795.71$15,427
Sep 202102,72469.865.35$14,576
Aug 202102,88766.024.22$12,185
Jul 202102,73270.783.98$10,879
Jun 202102,80069.493.38$9,466
May 202103,30463.483.02$9,970
Apr 202103,22960.362.76$8,907
Mar 202103,42361.302.72$9,300
Feb 202102,22357.805.55$12,333
Jan 202103,05850.412.81$8,594
Dec 202003,31944.642.68$8,880
Nov 202003,25838.772.71$8,818
Oct 202003,32736.972.48$8,246
Sep 202003,03337.091.99$6,039
Aug 202003,27639.982.39$7,814
Jul 202003,27238.371.83$5,972
Jun 202003,37034.901.69$5,696
May 202003,39316.921.81$6,157
Apr 202003,18214.751.80$5,742
Mar 202003,32230.341.86$6,166
Feb 202003,31049.881.98$6,556
Jan 202003,52857.252.09$7,390
Dec 201903,72659.012.30$8,586
Nov 201903,64555.302.75$10,026
Oct 201903,95853.472.42$9,573
Sep 201904,01055.052.66$10,656
Aug 201904,21253.112.30$9,706
Jul 201904,11356.272.46$10,118
Jun 201904,00652.782.49$9,980
May 201903,95858.482.74$10,846
Apr 201904,05162.632.75$11,143
Mar 201903,96256.803.06$12,132
Feb 201903,71450.852.79$10,370
Jan 201903,81246.033.23$12,306
Dec 201803,86646.594.19$16,181
Nov 201804,02252.934.24$17,042
Oct 201804,12461.443.40$14,014
Sep 201804,15959.543.11$12,926
Aug 201803,89459.403.07$11,941
Jul 201803,63665.142.93$10,660
Jun 201803,59260.183.08$11,052
May 201803,63665.382.90$10,547
Apr 201803,68463.842.90$10,687
Mar 201804,02061.222.79$11,203
Feb 201803,53161.782.77$9,767
Jan 201804,46462.874.01$17,898
Dec 201704,05457.272.92$11,844
Nov 201704,16455.423.12$12,985
Oct 201704,02949.292.98$12,021
Sep 201703,82347.523.09$11,803
Aug 201703,42645.373.00$10,293
Jul 20171693,81943.873.09$19,204
Jun 201704,11642.493.09$12,707
May 201704,56345.373.26$14,891
Apr 201705,56147.933.21$17,860
Mar 201704,42646.772.98$13,206
Feb 201704,51750.452.95$13,337
Jan 201704,10849.413.42$14,044
Dec 201603,84748.763.72$14,322
Nov 201604,62342.492.64$12,225
Oct 201604,45246.193.09$13,758
Sep 201606,15541.553.10$19,084
Aug 201605,27341.442.92$15,420
Jul 201604,35741.622.92$12,741
Jun 201606,57545.352.69$17,659
May 201604,80142.521.99$9,559
Apr 201605,68936.561.99$11,327
Mar 201606,39533.011.79$11,473
Feb 201604,48326.472.06$9,251
Jan 201604,80427.352.36$11,358
Dec 201505,01532.362.00$10,037
Nov 201505,02638.792.17$10,893
Oct 201504,96043.552.43$12,036
Sep 201504,45842.992.76$12,297
Aug 201503,76440.162.87$10,812
Jul 201504,95448.152.95$14,590
Jun 201505,01756.152.88$14,463
May 201505,75655.212.96$17,012
Apr 201505,28549.822.71$14,304
Mar 201505,81142.892.93$17,054
Feb 201504,71444.662.98$14,030
Jan 201504,86343.433.10$15,078
Dec 20141294,52954.693.59$23,320
Nov 2014504,46070.464.25$22,486
Oct 201405,55778.303.90$21,678
Sep 201405,50686.164.05$22,274
Aug 201405,82289.394.04$23,492
Jul 201405,81696.564.18$24,309
Jun 201405,45598.164.74$25,840
May 201405,87394.734.73$27,759
Apr 201405,53495.944.81$26,614
Mar 201405,34695.895.06$27,034
Feb 201404,84597.406.19$30,000
Jan 201405,32190.404.86$25,864
Dec 201305,88091.824.35$25,604
Nov 201305,20588.853.74$19,458
Oct 201325,20697.423.78$19,870
Sep 201305,544104.113.72$20,611
Aug 201305,290104.253.52$18,635
Jul 201305,112102.523.72$19,005
Jun 201324,63294.403.93$18,408
May 201324,30894.834.15$18,064
Apr 201303,54193.964.28$15,165
Mar 201303,47093.623.91$13,578
Feb 201342,47191.233.42$8,816
Jan 201305,63091.603.42$19,254
Dec 2012021186.773.42$722
Nov 201202,12786.953.62$7,710
Oct 201208,54989.383.40$29,064
Sep 201208,86294.672.92$25,863
Aug 201207,80492.662.91$22,695
Jul 201207,70285.133.02$23,266
Jun 201226,47379.822.52$16,465
May 201205,56491.612.49$13,845
Apr 201203,646101.652.00$7,280
Mar 201211,487105.052.22$3,409
Feb 2012010,102101.102.57$25,965
Jan 201208,94198.092.73$24,445
Dec 201108,00496.873.24$25,931
Nov 20111927,90195.723.31$44,541
Oct 201107,77084.983.65$28,349
Sep 201106,93483.623.99$27,638
Aug 201106,42283.404.15$26,647
Jul 201107,11394.144.52$32,131
Jun 201104,41992.904.64$20,504
May 201105,79698.134.40$25,530
Apr 201105,464105.964.33$23,677
Mar 201103,27696.364.06$13,292
Feb 201105,15885.644.18$21,560
Jan 201105,08386.504.59$23,325
Dec 20101836,08785.734.35$42,153
Nov 201007,27680.843.80$27,615
Oct 201007,29178.103.51$25,583
Sep 201007,21372.633.98$28,704
Aug 201005,83673.684.42$25,791
Jul 201008,19572.554.74$38,816
Jun 201007,75270.364.91$38,065
May 20101807,99471.124.24$46,658
Apr 201007,73981.694.12$31,906
Mar 201007,60878.394.39$33,389
Feb 201001,14173.585.44$6,210
Jan 20102016,93074.365.96$56,278
Dec 200908,15971.445.48$44,742
Nov 200908,56074.593.75$32,113
Oct 20091677,04672.544.11$41,075
Sep 200908,53665.543.06$26,161
Aug 200909,56267.423.22$30,775
Jul 200909,14461.133.46$31,679
Jun 200909,51166.163.90$37,045
May 200919910,03554.743.93$50,288
Apr 2009010,98646.773.59$39,412
Mar 2009013,48142.144.06$54,719
Feb 200907,04832.814.63$32,653
Jan 200919010,38335.865.37$62,580
Dec 2008010,46837.105.98$62,569
Nov 2008011,82655.496.86$81,131
Oct 2008013,16475.246.92$91,121
Sep 200809,291101.767.88$73,186
Aug 2008013,355114.228.48$113,291
Jul 200802,742131.0811.39$31,230
Jun 200817815,081131.3313.03$219,922
May 2008016,318123.1711.57$188,869
Apr 200819415,711110.3110.45$185,656
Mar 200819316,690101.909.66$180,960
Feb 2008016,43992.538.77$144,180
Jan 200818119,84790.388.21$179,218
Dec 2007021,01488.337.30$153,444
Nov 2007014,96991.677.29$109,149
Oct 200735540,43182.856.92$309,274
Sep 2007035,34075.846.24$220,669
Aug 20070069.066.39$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.

Oct 2024 — as filed, then multipliedworked
Condensate             5 bbl  × $ 71.37 =       $357
Gas                    0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                     $357

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/234492 is the state's own key, not one this site invented.