RANDLE, JAMES GRADY

Operated by BKV BARNETT, LLC (P-5 72504) 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 265057District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.1 M
Jan 2012 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
173
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
CondensateDisposition81 bbl$7,091
GasProduction959,655 Mcf$3,089,634
Total$3,096,726

Every month this lease reported (173)

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

173 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 202520066.743.32$1,335
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 202301,37168.962.26$3,096
May 2023059070.622.23$1,314
Apr 202302,79978.122.24$6,263
Mar 202305,02772.852.39$12,030
Feb 2023068375.112.47$1,684
Jan 2023038776.533.39$1,311
Dec 2022022876.415.73$1,306
Nov 20220085.005.65$0
Oct 2022019787.185.86$1,155
Sep 2022030084.888.16$2,449
Aug 202202,67394.529.13$24,397
Jul 202203,731101.587.54$28,140
Jun 202203,794115.097.98$30,266
May 202204,062109.378.43$34,255
Apr 202201,420104.226.84$9,709
Mar 202202,146108.885.08$10,894
Feb 202203,85091.054.86$18,707
Jan 202203,38081.844.54$15,337
Dec 202103,83871.323.90$14,965
Nov 202104,72477.435.24$24,739
Oct 202103,65879.795.71$20,901
Sep 202105,32669.865.35$28,499
Aug 202102,29966.024.22$9,703
Jul 202102,78770.783.98$11,098
Jun 202101,84869.493.38$6,247
May 202102,38263.483.02$7,188
Apr 202102,87260.362.76$7,922
Mar 202102,92461.302.72$7,944
Feb 202101057.805.55$55
Jan 202104,65750.412.81$13,087
Dec 202004,07244.642.68$10,894
Nov 202004,17638.772.71$11,303
Oct 202024,15636.972.48$10,374
Sep 202003,45637.091.99$6,881
Aug 202002,76639.982.39$6,597
Jul 202004,65238.371.83$8,490
Jun 202004,31634.901.69$7,295
May 202004,46916.921.81$8,110
Apr 202004,39514.751.80$7,930
Mar 202004,30330.341.86$7,987
Feb 202004,04849.881.98$8,018
Jan 202003,77657.252.09$7,910
Dec 201903,29759.012.30$7,597
Nov 201903,60355.302.75$9,911
Oct 201904,01753.472.42$9,715
Sep 201904,14255.052.66$11,006
Aug 201904,79453.112.30$11,047
Jul 201905,12656.272.46$12,610
Jun 201905,24552.782.49$13,066
May 201905,23058.482.74$14,332
Apr 201905,13062.632.75$14,111
Mar 201905,55356.803.06$17,004
Feb 201905,48250.852.79$15,307
Jan 201903,89246.033.23$12,564
Dec 201804,52746.594.19$18,947
Nov 201805,39252.934.24$22,847
Oct 201806,08161.443.40$20,664
Sep 201804,97359.543.11$15,456
Aug 201806,13459.403.07$18,810
Jul 201806,12565.142.93$17,958
Jun 201805,26860.183.08$16,209
May 201803,09065.382.90$8,963
Apr 201805,70963.842.90$16,561
Mar 201805,97461.222.79$16,649
Feb 201805,96561.782.77$16,500
Jan 201805,41062.874.01$21,690
Dec 201705,78557.272.92$16,901
Nov 201706,79855.423.12$21,199
Oct 201705,38949.292.98$16,079
Sep 201705,70047.523.09$17,598
Aug 201706,38145.373.00$19,171
Jul 201706,89243.873.09$21,278
Jun 201703,89942.493.09$12,037
May 201706,83645.373.26$22,309
Apr 201707,11247.933.21$22,841
Mar 201707,28946.772.98$21,748
Feb 201704,54150.452.95$13,408
Jan 201704,24849.413.42$14,523
Dec 201602,77148.763.72$10,316
Nov 201608,57642.492.64$22,678
Oct 201609,29646.193.09$28,727
Sep 2016010,76441.553.10$33,375
Aug 2016012,35441.442.92$36,127
Jul 2016012,23641.622.92$35,782
Jun 2016010,01945.352.69$26,909
May 201607,97842.521.99$15,885
Apr 201608,92136.561.99$17,762
Mar 2016010,18733.011.79$18,276
Feb 201601,86826.472.06$3,855
Jan 201605,40327.352.36$12,775
Dec 201507,74432.362.00$15,499
Nov 201507,70438.792.17$16,697
Oct 201508,55243.552.43$20,752
Sep 201509,14542.992.76$25,226
Aug 201509,14340.162.87$26,263
Jul 201509,38248.152.95$27,631
Jun 201509,30356.152.88$26,819
May 201509,67655.212.96$28,597
Apr 2015010,95649.822.71$29,653
Mar 2015012,47742.892.93$36,616
Feb 2015011,61644.662.98$34,571
Jan 201505,42443.433.10$16,818
Dec 2014010,89754.693.59$39,135
Nov 201409,34770.464.25$39,742
Oct 2014013,21378.303.90$51,543
Sep 201401,69586.164.05$6,857
Aug 201423,90389.394.04$15,928
Jul 2014574,50696.564.18$24,337
Jun 201405,03598.164.74$23,850
May 201409,98794.734.73$47,204
Apr 201408,48295.944.81$40,791
Mar 201409,64595.895.06$48,773
Feb 2014010,02097.406.19$62,044
Jan 201407,47090.404.86$36,310
Dec 201309,61891.824.35$41,881
Nov 2013011,63888.853.74$43,506
Oct 201309,91097.423.78$37,453
Sep 201308,933104.113.72$33,211
Aug 201309,764104.253.52$34,395
Jul 2013011,326102.523.72$42,107
Jun 2013011,25294.403.93$44,259
May 2013010,84794.834.15$45,005
Apr 2013010,71993.964.28$45,905
Mar 2013014,16593.623.91$55,426
Feb 2013011,65391.233.42$39,852
Jan 2013013,16691.603.42$45,027
Dec 2012014,88186.773.42$50,895
Nov 2012014686.953.62$529
Oct 2012012,18789.383.40$41,432
Sep 2012013,47694.672.92$39,328
Aug 2012015,35192.662.91$44,643
Jul 2012018,71585.133.02$56,534
Jun 2012018,01179.822.52$45,370
May 2012020,64291.612.49$51,364
Apr 2012024,337101.652.00$48,596
Mar 2012030,623105.052.22$68,047
Feb 2012032,120101.102.57$82,556
Jan 201206,90398.092.73$18,873

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 2025 — as filed, then multipliedworked
Condensate            20 bbl  × $ 66.74 =     $1,335
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                   $1,335

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/265057 is the state's own key, not one this site invented.