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 235437District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$250 k
at the published price for each month
Months reported
230
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
CondensateDisposition6,137 bbl$469,873
GasProduction807,741 Mcf$3,316,868
Total$3,786,741

Every month this lease reported (230)

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

230 months

May 2026475,380106.413.05$21,388
Apr 202605,16598.932.87$14,822
Mar 202605,38889.753.15$16,969
Feb 2026315,21063.503.75$21,508
Jan 202605,32959.138.00$42,621
Dec 202505,36356.664.41$23,669
Nov 202505,56258.593.93$21,839
Oct 202506,06659.383.30$20,047
Sep 2025225,20862.743.08$17,405
Aug 202505,59663.933.01$16,871
Jul 202505,17566.743.32$17,156
Jun 202504,97766.483.13$15,572
May 202505,14460.553.23$16,627
Apr 202504,97262.363.54$17,616
Mar 202505,16767.704.27$22,054
Feb 202505,11770.884.34$22,212
Jan 202506,29074.324.28$26,913
Dec 2024285,58268.993.12$19,355
Nov 202405,09869.052.20$11,208
Oct 202405,47871.372.28$12,498
Sep 202405,10669.612.36$12,072
Aug 202405,61975.632.06$11,596
Jul 202405,67779.932.15$12,186
Jun 202406,01078.082.63$15,830
May 202406,19078.812.20$13,608
Apr 202405,54984.451.66$9,207
Mar 202406,12180.301.55$9,458
Feb 202405,73276.091.78$10,224
Jan 202406,04073.023.30$19,918
Dec 202305,71871.262.61$14,928
Nov 202305,38977.892.81$15,130
Oct 202305,73385.443.09$17,699
Sep 202305,47389.042.74$14,969
Aug 2023185,52880.522.67$16,225
Jul 202305,68074.852.64$15,005
Jun 202305,85668.962.26$13,226
May 202305,67070.622.23$12,629
Apr 202305,73178.122.24$12,825
Mar 202305,79472.852.39$13,866
Feb 202304,95875.112.47$12,225
Jan 202365,72276.533.39$19,844
Dec 202205,74676.415.73$32,919
Nov 202205,59385.005.65$31,579
Oct 202205,92087.185.86$34,713
Sep 202205,78284.888.16$47,202
Aug 202206,13094.529.13$55,949
Jul 202202,075101.587.54$15,650
Jun 2022282,797115.097.98$25,535
May 202202,629109.378.43$22,170
Apr 202202,241104.226.84$15,323
Mar 202202,402108.885.08$12,194
Feb 202201,80191.054.86$8,751
Jan 202202,41081.844.54$10,936
Dec 2021562,16071.323.90$12,416
Nov 202102,25977.435.24$11,830
Oct 202102,34479.795.71$13,393
Sep 202102,09469.865.35$11,205
Aug 202102,33566.024.22$9,855
Jul 202102,83170.783.98$11,273
Jun 2021152,70369.493.38$10,180
May 202102,40063.483.02$7,242
Apr 202162,70460.362.76$7,821
Mar 2021222,66661.302.72$8,592
Feb 202102,84557.805.55$15,784
Jan 202104,75550.412.81$13,363
Dec 202005,69744.642.68$15,242
Nov 202004,93038.772.71$13,343
Oct 2020495,01736.972.48$14,246
Sep 202002,91237.091.99$5,798
Aug 202001,67639.982.39$3,997
Jul 202001,93938.371.83$3,539
Jun 202001,99734.901.69$3,376
May 2020292,11116.921.81$4,322
Apr 2020332,44714.751.80$4,902
Mar 202002,38230.341.86$4,422
Feb 202002,41649.881.98$4,785
Jan 202003,11057.252.09$6,515
Dec 2019263,46059.012.30$9,507
Nov 2019302,79155.302.75$9,336
Oct 2019312,54053.472.42$7,801
Sep 201902,45655.052.66$6,526
Aug 201932,75353.112.30$6,503
Jul 201902,27856.272.46$5,604
Jun 2019302,45552.782.49$7,699
May 201902,43358.482.74$6,667
Apr 2019322,59162.632.75$9,131
Mar 2019322,85456.803.06$10,557
Feb 201902,43050.852.79$6,785
Jan 2019292,59846.033.23$9,722
Dec 2018312,71046.594.19$12,787
Nov 201802,72152.934.24$11,530
Oct 2018152,75461.443.40$10,280
Sep 201802,73859.543.11$8,510
Aug 201892,40259.403.07$7,900
Jul 201811,23265.142.93$3,677
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 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20161046.193.09$46
Sep 201606241.553.10$192
Aug 2016028341.442.92$828
Jul 2016026441.622.92$772
Jun 2016031345.352.69$841
May 201601,53542.521.99$3,056
Apr 2016069936.561.99$1,392
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 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20141154.693.59$58
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014072686.164.05$2,937
Aug 201402,38389.394.04$9,616
Jul 201401,95296.564.18$8,159
Jun 201403,00698.164.74$14,239
May 201403,31694.734.73$15,673
Apr 201404,09795.944.81$19,703
Mar 201464,62495.895.06$23,958
Feb 201455,14697.406.19$32,351
Jan 201404,39590.404.86$21,363
Dec 2013124,13891.824.35$19,121
Nov 2013212,69688.853.74$11,944
Oct 2013482,90497.423.78$15,651
Sep 2013662,350104.113.72$15,608
Aug 2013912,841104.253.52$19,494
Jul 201304,357102.523.72$16,198
Jun 2013733,51594.403.93$20,717
May 2013833,42394.834.15$22,073
Apr 2013653,74293.964.28$22,133
Mar 201315,45393.623.91$21,431
Feb 201305,15191.233.42$17,616
Jan 2013345,54691.603.42$22,081
Dec 201285,42586.773.42$19,249
Nov 201245,70186.953.62$21,014
Oct 201206,14289.383.40$20,881
Sep 201274,92294.672.92$15,027
Aug 2012125,69092.662.91$17,659
Jul 201205,70085.133.02$17,219
Jun 2012225,31479.822.52$15,142
May 2012205,19591.612.49$14,759
Apr 2012654,217101.652.00$15,028
Mar 2012324,723105.052.22$13,856
Feb 2012304,725101.102.57$15,177
Jan 2012313,41998.092.73$12,389
Dec 2011504,16696.873.24$18,340
Nov 2011704,14095.723.31$20,409
Oct 201104,18184.983.65$15,255
Sep 2011774,42383.623.99$24,068
Aug 2011484,83083.404.15$24,044
Jul 2011404,68994.144.52$24,947
Jun 2011404,60392.904.64$25,073
May 2011354,69898.134.40$24,128
Apr 2011934,586105.964.33$29,727
Mar 2011535,32396.364.06$26,704
Feb 2011464,86385.644.18$24,267
Jan 2011564,96586.504.59$27,627
Dec 2010825,23385.734.35$29,782
Nov 2010367,60880.843.80$31,785
Oct 201013,39378.103.51$11,984
Sep 201018072.633.98$1,307
Aug 20101648973.684.42$3,340
Jul 2010124,50772.554.74$22,218
Jun 2010135,26270.364.91$26,753
May 2010735,69671.124.24$29,316
Apr 2010775,41081.694.12$28,594
Mar 2010796,01178.394.39$32,573
Feb 2010816,63273.585.44$42,054
Jan 20101306,28474.365.96$47,145
Dec 2009646,10671.445.48$38,056
Nov 2009685,76774.593.75$26,707
Oct 2009956,33572.544.11$32,930
Sep 2009685,07565.543.06$20,010
Aug 2009686,19267.423.22$24,514
Jul 20091086,82861.133.46$30,258
Jun 20091147,52966.163.90$36,868
May 20091757,49254.743.93$38,991
Apr 20091508,35746.773.59$36,996
Mar 20091707,63942.144.06$38,171
Feb 200910313832.814.63$4,019
Jan 200911513435.865.37$4,844
Dec 2008639437.105.98$2,899
Nov 2008873255.496.86$5,047
Oct 2008878375.246.92$7,120
Sep 2008521,016101.767.88$13,295
Aug 20081013,315114.228.48$39,657
Jul 20088410,442131.0811.39$129,939
Jun 200800131.3313.03$0
May 2008130123.1711.57$1,601
Apr 2008292110.3110.45$3,220
Mar 20082445101.909.66$2,880
Feb 20082226992.538.77$21,147
Jan 20081819,29590.388.21$92,631
Dec 20071275,63588.337.30$52,365
Nov 200713412491.677.29$13,188
Oct 20071529,89082.856.92$81,052
Sep 200731220,08075.846.24$149,045
Aug 200754840,92969.066.39$299,297
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$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                5,380 Mcf  × $  3.05 =    $16,387

────────────────────────────────────────────────────
Month total                                  $21,388

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/235437 is the state's own key, not one this site invented.