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 235436District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.0 M
Mar 2007 – May 2026
Value, last 12 filed months
$104 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
CondensateDisposition7,386 bbl$596,096
GasProduction686,286 Mcf$3,367,618
Total$3,963,714

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 2026272,337106.413.05$9,991
Apr 202602,28598.932.87$6,557
Mar 202602,27889.753.15$7,174
Feb 2026311,92063.503.75$9,169
Jan 202602,04259.138.00$16,332
Dec 202502,86856.664.41$12,658
Nov 202502,13558.593.93$8,383
Oct 2025086559.383.30$2,859
Sep 2025342,46862.743.08$9,727
Aug 202501,61963.933.01$4,881
Jul 202502,51066.743.32$8,321
Jun 202502,41066.483.13$7,540
May 202502,58260.553.23$8,346
Apr 202502,44262.363.54$8,652
Mar 202502,47567.704.27$10,564
Feb 202501,02570.884.34$4,449
Jan 202501,37374.324.28$5,875
Dec 2024282,25968.993.12$8,983
Nov 202402,54669.052.20$5,597
Oct 202402,59671.372.28$5,923
Sep 202402,89669.612.36$6,847
Aug 202402,58175.632.06$5,326
Jul 202402,68879.932.15$5,770
Jun 202401,73978.082.63$4,580
May 202401,80078.812.20$3,957
Apr 202401,81884.451.66$3,016
Mar 202401,96880.301.55$3,041
Feb 202401,35076.091.78$2,408
Jan 202401,33373.023.30$4,396
Dec 202302,75371.262.61$7,187
Nov 202302,75477.892.81$7,732
Oct 202302,58185.443.09$7,968
Sep 202302,53589.042.74$6,933
Aug 2023182,29180.522.67$7,573
Jul 202302,41674.852.64$6,383
Jun 202302,00768.962.26$4,533
May 202301,76970.622.23$3,940
Apr 202301,75378.122.24$3,923
Mar 202301,95372.852.39$4,674
Feb 202302,41275.112.47$5,947
Jan 202362,51876.533.39$8,989
Dec 202201,62576.415.73$9,310
Nov 202202,20985.005.65$12,472
Oct 202202,17387.185.86$12,742
Sep 202202,10284.888.16$17,160
Aug 202202,46494.529.13$22,489
Jul 20220551101.587.54$4,156
Jun 202228512115.097.98$7,307
May 20220489109.378.43$4,124
Apr 20220493104.226.84$3,371
Mar 20220583108.885.08$2,960
Feb 2022034591.054.86$1,676
Jan 2022034281.844.54$1,552
Dec 20211359371.323.90$3,239
Nov 2021062377.435.24$3,263
Oct 2021059679.795.71$3,405
Sep 2021057469.865.35$3,071
Aug 2021061566.024.22$2,596
Jul 2021057270.783.98$2,278
Jun 2021348269.493.38$1,838
May 2021050563.483.02$1,524
Apr 2021141260.362.76$1,197
Mar 2021453861.302.72$1,707
Feb 20210057.805.55$0
Jan 2021052250.412.81$1,467
Dec 2020039944.642.68$1,068
Nov 2020035438.772.71$958
Oct 2020371,59136.972.48$5,311
Sep 2020030437.091.99$605
Aug 202003,65439.982.39$8,715
Jul 202004,01438.371.83$7,326
Jun 202004,10434.901.69$6,937
May 2020594,45416.921.81$9,081
Apr 2020624,64214.751.80$9,290
Mar 202004,80930.341.86$8,927
Feb 202004,48049.881.98$8,873
Jan 202005,49357.252.09$11,506
Dec 2019577,45659.012.30$20,545
Nov 2019514,45855.302.75$15,083
Oct 2019463,75753.472.42$11,546
Sep 201903,80155.052.66$10,100
Aug 201963,95653.112.30$9,435
Jul 201903,66556.272.46$9,016
Jun 2019443,69052.782.49$11,515
May 201903,94858.482.74$10,819
Apr 2019433,78662.632.75$13,107
Mar 2019464,04156.803.06$14,987
Feb 201903,41150.852.79$9,524
Jan 2019433,84646.033.23$14,395
Dec 2018453,91346.594.19$18,474
Nov 201803,83052.934.24$16,229
Oct 2018223,93861.443.40$14,733
Sep 201803,89159.543.11$12,093
Aug 2018143,65559.403.07$12,040
Jul 201872,72265.142.93$8,437
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 20170049.413.42$0
Dec 20160148.763.72$4
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016114636.561.99$327
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 20151055.212.96$55
Apr 20153049.822.71$149
Mar 20154042.892.93$172
Feb 20150044.662.98$0
Jan 201514043.433.10$608
Dec 201419254.693.59$1,046
Nov 2014044970.464.25$1,909
Oct 201403,93378.303.90$15,342
Sep 201403,07486.164.05$12,436
Aug 201403,00189.394.04$12,109
Jul 2014505,72396.564.18$28,748
Jun 2014785,90198.164.74$35,609
May 20141296,21794.734.73$41,605
Apr 201406,14295.944.81$29,538
Mar 20142627,69495.895.06$64,030
Feb 20141267,84597.406.19$60,849
Jan 201409,02890.404.86$43,883
Dec 2013738,03191.824.35$41,674
Nov 20131410788.853.74$1,644
Oct 2013201197.423.78$1,990
Sep 20131911104.113.72$2,019
Aug 20132013104.253.52$2,131
Jul 2013013102.523.72$48
Jun 20132152994.403.93$4,063
May 2013291,59994.834.15$9,384
Apr 2013253,56193.964.28$17,599
Mar 201313,47093.623.91$13,671
Feb 201303,47791.233.42$11,891
Jan 2013362,68691.603.42$12,483
Dec 2012413,10186.773.42$14,163
Nov 2012503,59186.953.62$17,365
Oct 201205,10989.383.40$17,369
Sep 2012464,86694.672.92$18,556
Aug 2012424,53892.662.91$17,089
Jul 201205,26885.133.02$15,914
Jun 2012315,58879.822.52$16,551
May 201285,52691.612.49$14,483
Apr 201204,446101.652.00$8,878
Mar 201204,018105.052.22$8,928
Feb 201204,243101.102.57$10,906
Jan 201205,27698.092.73$14,425
Dec 201105,23496.873.24$16,957
Nov 201105,10895.723.31$16,914
Oct 201105,02184.983.65$18,319
Sep 201104,97283.623.99$19,817
Aug 201106,17983.404.15$25,639
Jul 201115,90794.144.52$26,777
Jun 201115,10892.904.64$23,793
May 201115,16898.134.40$22,862
Apr 201105,032105.964.33$21,805
Mar 201104,98596.364.06$20,226
Feb 201103,61985.644.18$15,127
Jan 201103,67586.504.59$16,864
Dec 201004,36585.734.35$18,978
Nov 201001,36180.843.80$5,165
Oct 201002,36978.103.51$8,313
Sep 201014,73672.633.98$18,919
Aug 201013,59273.684.42$15,948
Jul 201002,27872.554.74$10,790
Jun 20100070.364.91$0
May 20106071.124.24$427
Apr 201042881.694.12$3,464
Mar 2010555678.394.39$4,557
Feb 2010706473.585.44$5,499
Jan 20101272,97174.365.96$27,163
Dec 2009763,42171.445.48$24,189
Nov 2009753,60574.593.75$19,118
Oct 2009963,25972.544.11$20,359
Sep 2009392,17965.543.06$9,234
Aug 2009401,51567.423.22$7,573
Jul 2009581,72161.133.46$9,508
Jun 2009591,55066.163.90$9,941
May 20091031,91554.743.93$13,156
Apr 20091072,20746.773.59$12,922
Mar 20091502,83342.144.06$17,820
Feb 20091242,82532.814.63$17,157
Jan 20091533,02335.865.37$21,723
Dec 20081192,82837.105.98$21,318
Nov 20081432,24655.496.86$23,343
Oct 2008891,68575.246.92$18,360
Sep 2008513,372101.767.88$31,751
Aug 20081514,381114.228.48$54,411
Jul 200824316,141131.0811.39$215,689
Jun 20081429,429131.3313.03$141,534
May 20083802,155123.1711.57$71,747
Apr 20081148,269110.3110.45$99,027
Mar 20082715,928101.909.66$156,681
Feb 20081852,69092.538.77$40,711
Jan 20081796,11890.388.21$66,381
Dec 200733118,10188.337.30$161,410
Nov 200734812,99091.677.29$126,620
Oct 200733626,54782.856.92$211,595
Sep 200769245,32275.846.24$335,479
Aug 200753339,05769.066.39$286,303
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            27 bbl  × $106.41 =     $2,873
Gas                2,337 Mcf  × $  3.05 =     $7,118

────────────────────────────────────────────────────
Month total                                   $9,991

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/235436 is the state's own key, not one this site invented.