RANDLE

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 235382District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Mar 2007 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
231
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
CondensateDisposition8,900 bbl$709,489
GasProduction1,013,326 Mcf$5,383,023
Total$6,092,512

Every month this lease reported (231)

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

231 months

May 2026470106.413.05$5,001
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202631063.503.75$1,969
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 202428068.993.12$1,932
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 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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202318080.522.67$1,449
Jul 20230074.852.64$0
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 20236076.533.39$459
Dec 20220076.415.73$0
Nov 20220185.005.65$6
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202204,841101.587.54$36,511
Jun 2022284,308115.097.98$37,588
May 202203,893109.378.43$32,830
Apr 202203,827104.226.84$26,168
Mar 202204,608108.885.08$23,392
Feb 202204,49091.054.86$21,816
Jan 202204,30081.844.54$19,512
Dec 2021614,76571.323.90$22,930
Nov 202104,63377.435.24$24,262
Oct 202104,76979.795.71$27,249
Sep 202104,91569.865.35$26,300
Aug 202104,89566.024.22$20,660
Jul 202104,44870.783.98$17,712
Jun 2021244,24369.493.38$16,012
May 202104,64463.483.02$14,014
Apr 202184,05260.362.76$11,660
Mar 2021323,84961.302.72$12,419
Feb 202103,68957.805.55$20,466
Jan 202102,63050.412.81$7,391
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202014036.972.48$518
Sep 202002,24037.091.99$4,460
Aug 202003,42239.982.39$8,162
Jul 202003,38238.371.83$6,173
Jun 202003,17134.901.69$5,360
May 2020213,11816.921.81$6,014
Apr 2020322,37414.751.80$4,756
Mar 202002,14630.341.86$3,983
Feb 202001,71549.881.98$3,397
Jan 2020062157.252.09$1,301
Dec 20190059.012.30$0
Nov 2019151,28955.302.75$4,375
Oct 2019453,65653.472.42$11,248
Sep 201903,02055.052.66$8,025
Aug 201983,01453.112.30$7,370
Jul 201903,25256.272.46$8,000
Jun 2019403,32852.782.49$10,402
May 201903,85858.482.74$10,572
Apr 2019423,64262.632.75$12,649
Mar 2019423,75156.803.06$13,872
Feb 201903,17450.852.79$8,863
Jan 2019393,44946.033.23$12,929
Dec 2018393,44146.594.19$16,219
Nov 201803,41252.934.24$14,457
Oct 2018203,60961.443.40$13,492
Sep 201803,75459.543.11$11,667
Aug 2018433,73059.403.07$13,992
Jul 2018324,96865.142.93$16,650
Jun 201805,82160.183.08$17,911
May 2018616,02565.382.90$21,466
Apr 2018225,90863.842.90$18,542
Mar 2018196,07061.222.79$18,079
Feb 2018235,60261.782.77$16,917
Jan 2018696,14562.874.01$28,975
Dec 201706,52157.272.92$19,051
Nov 201796,03455.423.12$19,315
Oct 201706,01249.292.98$17,938
Sep 2017665,97847.523.09$21,592
Aug 2017696,16745.373.00$21,659
Jul 201706,08743.873.09$18,792
Jun 201705,25242.493.09$16,214
May 2017544,93045.373.26$18,539
Apr 201705,00747.933.21$16,080
Mar 2017575,55646.772.98$19,243
Feb 2017625,57250.452.95$19,580
Jan 201706,55149.413.42$22,397
Dec 2016106,64848.763.72$25,237
Nov 2016485,39442.492.64$16,303
Oct 2016294,62846.193.09$15,641
Sep 201605,10641.553.10$15,832
Aug 201605,59441.442.92$16,359
Jul 201607,11441.622.92$20,804
Jun 201606,93845.352.69$18,634
May 201605,83442.521.99$11,616
Apr 201602,27536.561.99$4,530
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20152155.212.96$113
Apr 20151349.822.71$58
Mar 2015193142.892.93$2,775
Feb 201504,71844.662.98$14,042
Jan 201525,23243.433.10$16,309
Dec 201435,97354.693.59$21,615
Nov 201405,98170.464.25$25,430
Oct 201405,62778.303.90$21,951
Sep 201405,24786.164.05$21,226
Aug 201404,95789.394.04$20,002
Jul 201475,07796.564.18$21,896
Jun 2014154,43598.164.74$22,480
May 2014264,59994.734.73$24,200
Apr 201402,95895.944.81$14,225
Mar 2014583495.895.06$5,734
Feb 2014331897.406.19$3,326
Jan 2014083590.404.86$4,059
Dec 2013492,19991.824.35$14,075
Nov 2013656,28388.853.74$29,263
Oct 2013617,80597.423.78$35,441
Sep 2013357,880104.113.72$32,940
Aug 2013297,814104.253.52$30,549
Jul 201317,543102.523.72$28,145
Jun 2013216,98294.403.93$29,445
May 2013141,60194.834.15$7,970
Apr 201352693.964.28$581
Mar 201311193.623.91$137
Feb 20130091.233.42$0
Jan 20132091.603.42$183
Dec 20125186.773.42$437
Nov 20128086.953.62$696
Oct 20120789.383.40$24
Sep 20126694.672.92$586
Aug 20127392.662.91$657
Jul 20120485.133.02$12
Jun 20128979.822.52$661
May 2012171,53091.612.49$5,365
Apr 2012383,598101.652.00$11,047
Mar 2012184,339105.052.22$11,533
Feb 2012103,748101.102.57$10,644
Jan 201203,89398.092.73$10,644
Dec 201104,91996.873.24$15,936
Nov 201104,52295.723.31$14,974
Oct 201104,68884.983.65$17,104
Sep 201114,24383.623.99$16,995
Aug 201113,71383.404.15$15,490
Jul 201133,80194.144.52$17,452
Jun 201133,74392.904.64$17,646
May 201163,94998.134.40$17,983
Apr 2011264,045105.964.33$20,283
Mar 2011204,19296.364.06$18,936
Feb 2011162,65285.644.18$12,456
Jan 2011184,19586.504.59$20,807
Dec 2010784,61785.734.35$26,761
Nov 2010543,04580.843.80$15,922
Oct 2010498478.103.51$4,122
Sep 2010975,37172.633.98$28,419
Aug 2010427,43573.684.42$35,953
Jul 20101017,03072.554.74$40,625
Jun 2010446,96070.364.91$37,272
May 2010917,75671.124.24$39,320
Apr 2010777,23681.694.12$36,122
Mar 2010807,15578.394.39$37,672
Feb 2010616,26173.585.44$38,563
Jan 2010946,03174.365.96$42,959
Dec 2009678,20671.445.48$49,786
Nov 2009688,41974.593.75$36,656
Oct 20091098,52372.544.11$42,939
Sep 2009908,46365.543.06$31,836
Aug 2009939,86767.423.22$38,027
Jul 200913310,54461.133.46$44,660
Jun 200912310,21766.163.90$47,933
May 200918410,13754.743.93$49,867
Apr 200916910,10246.773.59$44,145
Mar 200920512,11642.144.06$57,818
Feb 200915211,05032.814.63$56,182
Jan 200919313,14735.865.37$77,534
Dec 200818113,61937.105.98$88,118
Nov 200821813,20355.496.86$102,674
Oct 200819616,05775.246.92$125,893
Sep 200813419,262101.767.88$165,364
Aug 200811322,103114.228.48$200,407
Jul 200823713,576131.0811.39$185,689
Jun 200822821,635131.3313.03$311,904
May 200877620,970123.1711.57$338,293
Apr 20088721,736110.3110.45$236,844
Mar 20084416,516101.909.66$164,095
Feb 200830621,64992.538.77$218,188
Jan 200826421,65090.388.21$201,514
Dec 200739821,39788.337.30$191,396
Nov 200742424,44591.677.29$217,114
Oct 200715524,85682.856.92$184,894
Sep 200732013,49175.846.24$108,509
Aug 200741029,71469.066.39$218,126
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

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            47 bbl  × $106.41 =     $5,001
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,001

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/235382 is the state's own key, not one this site invented.