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 234514District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.1 M
Sep 2007 – May 2026
Value, last 12 filed months
$138 k
at the published price for each month
Months reported
225
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
CondensateDisposition2,455 bbl$208,867
GasProduction1,739,045 Mcf$7,868,311
Total$8,077,178

Every month this lease reported (225)

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

225 months

May 202603,035106.413.05$9,244
Apr 202603,39598.932.87$9,743
Mar 202603,30889.753.15$10,418
Feb 202602,84263.503.75$10,658
Jan 202603,07059.138.00$24,554
Dec 202502,98156.664.41$13,156
Nov 202502,51758.593.93$9,883
Oct 202502,95559.383.30$9,766
Sep 202503,26862.743.08$10,055
Aug 202503,17663.933.01$9,575
Jul 202503,19766.743.32$10,599
Jun 202503,26666.483.13$10,218
May 202503,18460.553.23$10,292
Apr 202502,16162.363.54$7,657
Mar 202503,19267.704.27$13,624
Feb 202503,29770.884.34$14,312
Jan 202533,78074.324.28$16,396
Dec 202453,87568.993.12$12,440
Nov 202453,81669.052.20$8,735
Oct 202453,93371.372.28$9,330
Sep 202453,76169.612.36$9,240
Aug 202403,80775.632.06$7,856
Jul 202403,80779.932.15$8,172
Jun 202403,73978.082.63$9,848
May 202403,79278.812.20$8,336
Apr 202403,86884.451.66$6,418
Mar 202404,31180.301.55$6,661
Feb 202404,38076.091.78$7,812
Jan 202405,33973.023.30$17,606
Dec 202304,85871.262.61$12,683
Nov 202304,09977.892.81$11,508
Oct 202304,00185.443.09$12,352
Sep 202303,80389.042.74$10,401
Aug 202304,41480.522.67$11,798
Jul 202304,35774.852.64$11,510
Jun 202304,12768.962.26$9,321
May 202304,23470.622.23$9,431
Apr 202304,01978.122.24$8,994
Mar 202304,07372.852.39$9,747
Feb 202303,13775.112.47$7,735
Jan 202304,13876.533.39$14,018
Dec 202204,13876.415.73$23,707
Nov 202203,98185.005.65$22,478
Oct 202204,14187.185.86$24,282
Sep 202203,87784.888.16$31,651
Aug 202203,89894.529.13$35,578
Jul 20221844,013101.587.54$48,957
Jun 202203,979115.097.98$31,741
May 202204,234109.378.43$35,705
Apr 202204,153104.226.84$28,397
Mar 202204,310108.885.08$21,879
Feb 202203,92391.054.86$19,061
Jan 202204,37981.844.54$19,871
Dec 202104,40871.323.90$17,187
Nov 202104,26777.435.24$22,346
Oct 202104,45879.795.71$25,472
Sep 202104,23769.865.35$22,672
Aug 202104,39866.024.22$18,562
Jul 202104,44670.783.98$17,704
Jun 202104,36469.493.38$14,753
May 202105,02363.483.02$15,158
Apr 202104,84260.362.76$13,356
Mar 202105,19861.302.72$14,123
Feb 202103,65257.805.55$20,261
Jan 202104,93850.412.81$13,877
Dec 202005,10444.642.68$13,656
Nov 202004,86138.772.71$13,157
Oct 202005,15336.972.48$12,771
Sep 202004,97337.091.99$9,901
Aug 202005,06139.982.39$12,071
Jul 202005,14938.371.83$9,398
Jun 202004,98534.901.69$8,426
May 202005,05616.921.81$9,175
Apr 202004,49814.751.80$8,116
Mar 202004,78030.341.86$8,873
Feb 202004,91949.881.98$9,743
Jan 202004,93157.252.09$10,329
Dec 201905,35759.012.30$12,344
Nov 201905,65055.302.75$15,541
Oct 201905,09853.472.42$12,330
Sep 201904,76255.052.66$12,654
Aug 201904,56153.112.30$10,510
Jul 201904,91756.272.46$12,096
Jun 201904,10952.782.49$10,236
May 201905,02258.482.74$13,762
Apr 201904,47062.632.75$12,296
Mar 201905,07456.803.06$15,537
Feb 201904,09050.852.79$11,420
Jan 201904,54946.033.23$14,685
Dec 201804,76546.594.19$19,944
Nov 201805,71352.934.24$24,207
Oct 201806,44661.443.40$21,904
Sep 201806,54759.543.11$20,348
Aug 201806,42359.403.07$19,697
Jul 201806,68365.142.93$19,594
Jun 201806,73360.183.08$20,717
May 201807,19365.382.90$20,865
Apr 201806,46763.842.90$18,759
Mar 201806,78361.222.79$18,903
Feb 201806,31661.782.77$17,471
Jan 201807,32662.874.01$29,372
Dec 201705,89757.272.92$17,228
Nov 201705,56455.423.12$17,351
Oct 201706,59049.292.98$19,662
Sep 201706,54847.523.09$20,216
Aug 201706,00845.373.00$18,050
Jul 20171356,74443.873.09$26,743
Jun 201706,70742.493.09$20,706
May 201707,71545.373.26$25,177
Apr 201708,07447.933.21$25,930
Mar 201704,33746.772.98$12,940
Feb 201705,05450.452.95$14,922
Jan 201705,76849.413.42$19,720
Dec 201605,57548.763.72$20,755
Nov 201609,44742.492.64$24,981
Oct 201606,89046.193.09$21,292
Sep 201609,51141.553.10$29,490
Aug 201608,16841.442.92$23,886
Jul 201605,85041.622.92$17,107
Jun 201608,33145.352.69$22,376
May 201606,48042.521.99$12,902
Apr 201607,39836.561.99$14,730
Mar 201607,43333.011.79$13,335
Feb 201605,88026.472.06$12,134
Jan 201606,51527.352.36$15,404
Dec 201507,13132.362.00$14,272
Nov 201507,20738.792.17$15,620
Oct 201507,16843.552.43$17,394
Sep 201507,12442.992.76$19,651
Aug 201509,18940.162.87$26,395
Jul 201501,92048.152.95$5,655
Jun 201503,47956.152.88$10,029
May 201506,45155.212.96$19,066
Apr 201507,07449.822.71$19,146
Mar 201507,94242.892.93$23,307
Feb 201507,88844.662.98$23,476
Jan 201509,46143.433.10$29,335
Dec 201409,20254.693.59$33,048
Nov 201408,85370.464.25$37,642
Oct 201409,59978.303.90$37,445
Sep 201409,18586.164.05$37,157
Aug 201408,63089.394.04$34,823
Jul 201409,51096.564.18$39,748
Jun 20141539,03798.164.74$57,826
May 201409,19094.734.73$43,437
Apr 201409,01995.944.81$43,373
Mar 201408,21095.895.06$41,516
Feb 201408,30997.406.19$51,449
Jan 201409,37190.404.86$45,550
Dec 201308,55991.824.35$37,270
Nov 201309,29388.853.74$34,740
Oct 201309,55097.423.78$36,093
Sep 201308,875104.113.72$32,995
Aug 201309,385104.253.52$33,060
Jul 201309,625102.523.72$35,783
Jun 201308,77694.403.93$34,520
May 201308,19694.834.15$34,006
Apr 201307,93193.964.28$33,965
Mar 201307,54493.623.91$29,519
Feb 201308,52091.233.42$29,138
Jan 201308,78191.603.42$30,030
Dec 201204,38386.773.42$14,991
Nov 201209,41686.953.62$34,133
Oct 201209,60889.383.40$32,664
Sep 2012010,20194.672.92$29,771
Aug 2012010,69992.662.91$31,114
Jul 2012011,26285.133.02$34,020
Jun 2012110,95279.822.52$27,668
May 2012011,76291.612.49$29,268
Apr 2012012,322101.652.00$24,605
Mar 2012012,620105.052.22$28,043
Feb 201209,672101.102.57$24,859
Jan 2012411,67798.092.73$32,318
Dec 201109,26296.873.24$30,006
Nov 20111959,74995.723.31$50,947
Oct 201109,06984.983.65$33,089
Sep 201109,35683.623.99$37,291
Aug 201109,49083.404.15$39,377
Jul 201109,50794.144.52$42,945
Jun 201109,48792.904.64$44,019
May 201109,66598.134.40$42,573
Apr 201106,211105.964.33$26,914
Mar 2011477,30896.364.06$34,180
Feb 201107,38685.644.18$30,873
Jan 201108,23486.504.59$37,784
Dec 201009,60785.734.35$41,769
Nov 201009,03380.843.80$34,283
Oct 20101879,86678.103.51$49,223
Sep 2010010,15772.633.98$40,419
Aug 2010010,29373.684.42$45,488
Jul 201009,90272.554.74$46,901
Jun 2010010,73070.364.91$52,689
May 2010011,52171.124.24$48,794
Apr 2010012,95281.694.12$53,397
Mar 201019313,00878.394.39$72,217
Feb 201009,28173.585.44$50,511
Jan 2010011,05474.365.96$65,927
Dec 2009011,74771.445.48$64,418
Nov 200909,11674.593.75$34,199
Oct 200919510,12672.544.11$55,766
Sep 200909,81765.543.06$30,087
Aug 2009012,18167.423.22$39,205
Jul 2009012,69461.133.46$43,978
Jun 200908,56766.163.90$33,368
May 2009012,45954.743.93$48,911
Apr 2009010,08746.773.59$36,187
Mar 200905,12242.144.06$20,790
Feb 20091978,94832.814.63$47,920
Jan 2009016,34135.865.37$87,768
Dec 2008015,42037.105.98$92,168
Nov 2008015,72055.496.86$107,845
Oct 2008013,77675.246.92$95,357
Sep 20081836,449101.767.88$69,421
Aug 2008017,142114.228.48$145,416
Jul 200804,041131.0811.39$46,025
Jun 2008018,769131.3313.03$244,609
May 2008020,516123.1711.57$237,458
Apr 200819922,180110.3110.45$253,840
Mar 200819824,768101.909.66$259,536
Feb 2008026,47692.538.77$232,210
Jan 200818229,96590.388.21$262,334
Dec 2007035,35488.337.30$258,154
Nov 200717941,42691.677.29$318,475
Oct 2007047,50182.856.92$328,801
Sep 200709,87475.846.24$61,655

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                3,035 Mcf  × $  3.05 =     $9,244

────────────────────────────────────────────────────
Month total                                   $9,244

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/234514 is the state's own key, not one this site invented.