RANDOLPH

Operated by TEP BARNETT USA, LLC (P-5 842986) 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 260934District 09Field 65280200GasSaveExport
Value, all time
$2.8 M
May 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
no gaps in the span
Streams
1
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
GasProduction816,110 Mcf$2,762,925
Total$2,762,925

Every month this lease reported (181)

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

181 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 20191,40756.272.46$3,461
Jun 201970752.782.49$1,761
May 20193,36458.482.74$9,218
Apr 20191,25962.632.75$3,463
Mar 20191,14256.803.06$3,497
Feb 20191,36550.852.79$3,811
Jan 20191,53346.033.23$4,949
Dec 20182,79946.594.19$11,715
Nov 20182,65152.934.24$11,233
Oct 20183,06361.443.40$10,408
Sep 20183,17259.543.11$9,859
Aug 20189259.403.07$282
Jul 2018065.142.93$0
Jun 20182,40160.183.08$7,388
May 20182,90165.382.90$8,415
Apr 20183,09963.842.90$8,990
Mar 20183,15261.222.79$8,784
Feb 20181,98961.782.77$5,502
Jan 20183,37762.874.01$13,539
Dec 20173,48257.272.92$10,173
Nov 20173,63355.423.12$11,329
Oct 20173,98949.292.98$11,902
Sep 20174,15647.523.09$12,831
Aug 20171,67045.373.00$5,017
Jul 20173,75343.873.09$11,587
Jun 20173,06942.493.09$9,475
May 20173,11345.373.26$10,159
Apr 20173,20047.933.21$10,277
Mar 20173,01746.772.98$9,002
Feb 20173,18350.452.95$9,398
Jan 20173,82849.413.42$13,087
Dec 20164,31448.763.72$16,060
Nov 20164,15342.492.64$10,982
Oct 20165,05946.193.09$15,634
Sep 20165,27141.553.10$16,343
Aug 20165,60041.442.92$16,376
Jul 20163,35341.622.92$9,805
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 20163,48536.561.99$6,939
Mar 20163,73533.011.79$6,701
Feb 20163,37626.472.06$6,967
Jan 20166,94827.352.36$16,428
Dec 20153,94132.362.00$7,888
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 20155,16742.992.76$14,253
Aug 20154,68940.162.87$13,469
Jul 20155,95148.152.95$17,526
Jun 20153,52656.152.88$10,165
May 20156,04455.212.96$17,863
Apr 20152,68949.822.71$7,278
Mar 2015042.892.93$0
Feb 20152,81244.662.98$8,369
Jan 20155,04243.433.10$15,633
Dec 20142,01354.693.59$7,229
Nov 20145,12470.464.25$21,786
Oct 20144,29878.303.90$16,766
Sep 20145,91786.164.05$23,937
Aug 20145,42789.394.04$21,899
Jul 20147,93196.564.18$33,148
Jun 20147,92198.164.74$37,521
May 20148,03494.734.73$37,973
Apr 20147,95295.944.81$38,242
Mar 20148,54895.895.06$43,226
Feb 20147,66497.406.19$47,455
Jan 20148,72190.404.86$42,390
Dec 20139,88291.824.35$43,031
Nov 20139,98888.853.74$37,338
Oct 201310,53397.423.78$39,808
Sep 201311,818104.113.72$43,936
Aug 20135,126104.253.52$18,057
Jul 20138,997102.523.72$33,449
Jun 201310,65394.403.93$41,903
May 201312,67594.834.15$52,590
Apr 201310,91593.964.28$46,744
Mar 201313,14293.623.91$51,423
Feb 201312,71091.233.42$43,467
Jan 201311,69291.603.42$39,986
Dec 201214,33586.773.42$49,028
Nov 201214,13086.953.62$51,221
Oct 201215,47689.383.40$52,613
Sep 201216,07694.672.92$46,916
Aug 201217,56792.662.91$51,088
Jul 201217,90985.133.02$54,100
Jun 201218,78779.822.52$47,325
May 201221,48591.612.49$53,462
Apr 201222,976101.652.00$45,878
Mar 201223,881105.052.22$53,065
Feb 201223,632101.102.57$60,740
Jan 201229,05298.092.73$79,430
Dec 201133,81796.873.24$109,558
Nov 201135,35195.723.31$117,057
Oct 201148,02584.983.65$175,221
Sep 201165,60883.623.99$261,500
Aug 201125,60183.404.15$106,227
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$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.

Jul 2019 — as filed, then multipliedworked
Gas                1,407 Mcf  × $  2.46 =     $3,461

────────────────────────────────────────────────────
Month total                                   $3,461

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/260934 is the state's own key, not one this site invented.