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 237905District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
Feb 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
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
CondensateDisposition7,717 bbl$682,533
GasProduction581,182 Mcf$3,370,592
Total$4,053,125

Every month this lease reported (220)

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

220 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 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 20230080.522.67$0
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 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
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 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 201669842.521.99$2,950
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201602226.472.06$45
Jan 20160027.352.36$0
Dec 201507832.362.00$156
Nov 201501,84438.792.17$3,997
Oct 201501,67343.552.43$4,060
Sep 201502,07642.992.76$5,726
Aug 201502,29140.162.87$6,581
Jul 201502,10648.152.95$6,202
Jun 2015881,84656.152.88$10,263
May 201501,78055.212.96$5,261
Apr 201502,12349.822.71$5,746
Mar 201503,00042.892.93$8,804
Feb 201501,63544.662.98$4,866
Jan 201501,38143.433.10$4,282
Dec 2014641,26654.693.59$8,047
Nov 201401,60970.464.25$6,841
Oct 2014701,66578.303.90$11,976
Sep 201401,55486.164.05$6,287
Aug 201402,13189.394.04$8,599
Jul 201401,62096.564.18$6,771
Jun 201403,10598.164.74$14,708
May 201402,69694.734.73$12,743
Apr 2014872,19695.944.81$18,908
Mar 201402,47095.895.06$12,490
Feb 201403,24797.406.19$20,105
Jan 201403,10090.404.86$15,068
Dec 201302,94191.824.35$12,807
Nov 201301,79088.853.74$6,692
Oct 2013103,00197.423.78$12,316
Sep 20131923,159104.113.72$31,733
Aug 201302,964104.253.52$10,441
Jul 201303,932102.523.72$14,618
Jun 201363,60394.403.93$14,738
May 201364,33894.834.15$18,568
Apr 20131904,00593.964.28$35,004
Mar 201304,36293.623.91$17,068
Feb 201342,78791.233.42$9,896
Jan 201303,39191.603.42$11,597
Dec 201203,84886.773.42$13,161
Nov 201202,94386.953.62$10,668
Oct 201203,69389.383.40$12,555
Sep 20121784,40694.672.92$29,710
Aug 201205,09492.662.91$14,814
Jul 201204,72285.133.02$14,264
Jun 201274,90879.822.52$12,922
May 20121825,04091.612.49$29,214
Apr 201224,125101.652.00$8,440
Mar 201244,367105.052.22$10,124
Feb 201224,199101.102.57$10,995
Jan 201223,11298.092.73$8,705
Dec 201103,70596.873.24$12,003
Nov 201124,14695.723.31$13,920
Oct 20111974,65384.983.65$33,718
Sep 201124,78083.623.99$19,219
Aug 201115,08983.404.15$21,199
Jul 201104,54594.144.52$20,531
Jun 201114,52292.904.64$21,074
May 201104,76398.134.40$20,980
Apr 201114,695105.964.33$20,451
Mar 20111154,93696.364.06$31,108
Feb 201103,93585.644.18$16,448
Jan 201105,36986.504.59$24,637
Dec 2010895,01785.734.35$29,443
Nov 201005,23680.843.80$19,872
Oct 20101455,45478.103.51$30,462
Sep 201005,52472.633.98$21,983
Aug 201004,87673.684.42$21,549
Jul 20101885,97772.554.74$41,949
Jun 201007,56070.364.91$37,123
May 201007,95471.124.24$33,687
Apr 20101838,42081.694.12$49,662
Mar 201008,49978.394.39$37,299
Feb 20101896,99173.585.44$51,954
Jan 201007,90774.365.96$47,158
Dec 20091839,02471.445.48$62,559
Nov 200909,11874.593.75$34,206
Oct 20091889,42572.544.11$52,377
Sep 200908,09265.543.06$24,800
Aug 200918810,05167.423.22$45,024
Jul 200918910,12461.133.46$46,628
Jun 200908,18466.163.90$31,877
May 200919010,40954.743.93$51,264
Apr 200907,61246.773.59$27,308
Mar 20091878,14242.144.06$40,929
Feb 200919110,14532.814.63$53,269
Jan 200918612,21235.865.37$72,261
Dec 200818611,81237.105.98$77,503
Nov 200819312,67255.496.86$97,644
Oct 200837113,52275.246.92$121,513
Sep 200818917,183101.767.88$154,585
Aug 200819714,061114.228.48$141,781
Jul 200838817,193131.0811.39$246,678
Jun 200836718,474131.3313.03$288,963
May 200855017,848123.1711.57$274,321
Apr 200857120,533110.3110.45$277,657
Mar 200874928,182101.909.66$348,676
Feb 200817823,35992.538.77$221,342

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 2016 — as filed, then multipliedworked
Condensate            69 bbl  × $ 42.52 =     $2,934
Gas                    8 Mcf  × $  1.99 =        $16

────────────────────────────────────────────────────
Month total                                   $2,950

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/237905 is the state's own key, not one this site invented.