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 265058District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.1 M
Jan 2012 – May 2026
Value, last 12 filed months
$601
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
CondensateDisposition69 bbl$2,806
GasProduction948,920 Mcf$3,067,370
Total$3,070,176

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 20259066.743.32$601
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 202303870.622.23$85
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230776.533.39$24
Dec 2022019276.415.73$1,100
Nov 2022047685.005.65$2,688
Oct 2022052787.185.86$3,090
Sep 202201,10784.888.16$9,037
Aug 202202,01294.529.13$18,364
Jul 202203,294101.587.54$24,844
Jun 202203,489115.097.98$27,832
May 202202,095109.378.43$17,667
Apr 202201,664104.226.84$11,378
Mar 202202,290108.885.08$11,625
Feb 202201,83191.054.86$8,897
Jan 202202,91581.844.54$13,227
Dec 202102,69871.323.90$10,520
Nov 202102,77877.435.24$14,548
Oct 202103,13279.795.71$17,896
Sep 202103,03069.865.35$16,213
Aug 202101,65166.024.22$6,968
Jul 202102,62970.783.98$10,469
Jun 202101,88569.493.38$6,372
May 202102,44363.483.02$7,372
Apr 202103,04760.362.76$8,405
Mar 202102,65761.302.72$7,219
Feb 202103,18257.805.55$17,654
Jan 202104,49450.412.81$12,629
Dec 202005,03344.642.68$13,466
Nov 202004,11438.772.71$11,135
Oct 202005,08136.972.48$12,593
Sep 202004,69437.091.99$9,346
Aug 202003,86239.982.39$9,211
Jul 202003,80438.371.83$6,943
Jun 202002,99134.901.69$5,056
May 202004,19016.921.81$7,604
Apr 202004,56614.751.80$8,239
Mar 202004,77330.341.86$8,860
Feb 202003,35549.881.98$6,645
Jan 202003,67757.252.09$7,702
Dec 201904,46159.012.30$10,280
Nov 201905,09355.302.75$14,009
Oct 201903,98853.472.42$9,645
Sep 201903,11155.052.66$8,267
Aug 201903,04853.112.30$7,024
Jul 201903,40756.272.46$8,381
Jun 201904,45752.782.49$11,103
May 201905,59358.482.74$15,327
Apr 201905,63362.632.75$15,495
Mar 201904,60756.803.06$14,107
Feb 201902,85450.852.79$7,969
Jan 201903,08746.033.23$9,965
Dec 201804,46846.594.19$18,701
Nov 201804,50952.934.24$19,106
Oct 201804,15361.443.40$14,112
Sep 201803,93859.543.11$12,239
Aug 201805,30459.403.07$16,265
Jul 201805,81265.142.93$17,040
Jun 201805,77660.183.08$17,772
May 201804,55765.382.90$13,219
Apr 201804,23863.842.90$12,294
Mar 201804,48761.222.79$12,505
Feb 201804,34361.782.77$12,013
Jan 201804,94162.874.01$19,810
Dec 201706,40657.272.92$18,715
Nov 201706,84655.423.12$21,348
Oct 201707,26649.292.98$21,679
Sep 201707,43847.523.09$22,963
Aug 201708,09745.373.00$24,327
Jul 201707,67443.873.09$23,692
Jun 201705,61642.493.09$17,338
May 201707,43345.373.26$24,257
Apr 201705,80347.933.21$18,637
Mar 201707,42646.772.98$22,157
Feb 201705,65950.452.95$16,709
Jan 201706,09649.413.42$20,841
Dec 201607,40748.763.72$27,575
Nov 201607,14242.492.64$18,886
Oct 201607,12046.193.09$22,003
Sep 201605,33541.553.10$16,542
Aug 201606,23341.442.92$18,227
Jul 201607,64941.622.92$22,368
Jun 201607,23245.352.69$19,424
May 201624,51642.521.99$9,077
Apr 2016586,96036.561.99$15,978
Mar 201605,87533.011.79$10,540
Feb 201606,57426.472.06$13,566
Jan 201607,35327.352.36$17,385
Dec 201507,60932.362.00$15,229
Nov 201507,82338.792.17$16,955
Oct 201508,19643.552.43$19,888
Sep 201508,57542.992.76$23,653
Aug 201509,17340.162.87$26,349
Jul 201509,23248.152.95$27,189
Jun 201509,42456.152.88$27,168
May 201508,75255.212.96$25,866
Apr 201509,37049.822.71$25,361
Mar 201508,42642.892.93$24,728
Feb 201505,77244.662.98$17,179
Jan 201505,92743.433.10$18,377
Dec 2014010,31154.693.59$37,031
Nov 201409,34770.464.25$39,742
Oct 2014010,40678.303.90$40,593
Sep 201403,77586.164.05$15,272
Aug 201405,57889.394.04$22,508
Jul 2014011,41596.564.18$47,710
Jun 201407,37798.164.74$34,944
May 201409,07394.734.73$42,884
Apr 201408,84995.944.81$42,556
Mar 201409,31295.895.06$47,089
Feb 201408,88697.406.19$55,022
Jan 201409,17390.404.86$44,587
Dec 201309,99591.824.35$43,523
Nov 201309,42488.853.74$35,230
Oct 201309,42297.423.78$35,609
Sep 2013010,203104.113.72$37,932
Aug 2013010,445104.253.52$36,794
Jul 2013011,049102.523.72$41,077
Jun 2013010,71094.403.93$42,127
May 2013010,71894.834.15$44,470
Apr 2013010,72293.964.28$45,918
Mar 2013012,53193.623.91$49,032
Feb 2013010,92791.233.42$37,369
Jan 2013014,91091.603.42$50,991
Dec 2012017,77186.773.42$60,780
Nov 201209,34386.953.62$33,868
Oct 2012016,47389.383.40$56,003
Sep 2012017,94394.672.92$52,365
Aug 2012017,88392.662.91$52,007
Jul 2012021,51685.133.02$64,996
Jun 2012021,05679.822.52$53,041
May 2012024,05891.612.49$59,864
Apr 2012026,651101.652.00$53,217
Mar 2012031,208105.052.22$69,347
Feb 2012033,840101.102.57$86,977
Jan 201205,61798.092.73$15,357

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             9 bbl  × $ 66.74 =       $601
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                     $601

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/265058 is the state's own key, not one this site invented.