LIL RANDI

Operated by BORGER RESOURCES 2 LLC (P-5 83236) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9388District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$381 k
Jul 2015 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
oil, casinghead 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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 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 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition5,446 bbl$353,030
Casinghead gasProduction8,770 Mcf$28,239
Total$381,269

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.7095, -101.5005. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.70947, -101.50051 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
2,860 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 2,850 and 2,869 ft, median 2,860 ft, over the 2 wells that filed a depth.

Completions filed
May 2013 – Jul 2015
2 of 2 wells

2 wells

42-2333350322,850 ftJul 2015
42-23307579A 152,869 ftMay 2013

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (131)

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

131 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202603389.753.15$104
Feb 20261853963.503.75$11,894
Jan 202604459.138.00$352
Dec 202504056.664.41$177
Nov 20251755358.593.93$10,461
Oct 202503559.383.30$116
Sep 20250662.743.08$18
Aug 2025169063.933.01$10,804
Jul 202503966.743.32$129
Jun 202505366.483.13$166
May 20250060.553.23$0
Apr 20251853762.363.54$11,668
Mar 202502267.704.27$94
Feb 20250070.884.34$0
Jan 202503774.324.28$158
Dec 20241844968.993.12$12,847
Nov 202401969.052.20$42
Oct 202404871.372.28$110
Sep 20241735969.612.36$12,182
Aug 202405475.632.06$111
Jul 202403679.932.15$77
Jun 20241782278.082.63$13,956
May 20240678.812.20$13
Apr 20240784.451.66$12
Mar 202404280.301.55$65
Feb 20241974576.091.78$15,070
Jan 202404573.023.30$148
Dec 20231854871.262.61$13,308
Nov 202303177.892.81$87
Oct 202301485.443.09$43
Sep 202306289.042.74$170
Aug 20231806580.522.67$14,667
Jul 202306774.852.64$177
Jun 202306768.962.26$151
May 20231866170.622.23$13,271
Apr 202306078.122.24$134
Mar 202306472.852.39$153
Feb 202305575.112.47$136
Jan 20231755076.533.39$13,562
Dec 202206276.415.73$355
Nov 202205985.005.65$333
Oct 202207187.185.86$416
Sep 20221725984.888.16$15,081
Aug 202206594.529.13$593
Jul 2022056101.587.54$422
Jun 202218069115.097.98$21,267
May 2022037109.378.43$312
Apr 2022029104.226.84$198
Mar 2022034108.885.08$173
Feb 202203191.054.86$151
Jan 202204181.844.54$186
Dec 20211891471.323.90$13,534
Nov 202101377.435.24$68
Oct 2021175179.795.71$13,969
Sep 202104469.865.35$235
Aug 20211886766.024.22$12,695
Jul 202101470.783.98$56
Jun 202102769.493.38$91
May 202106763.483.02$202
Apr 202107560.362.76$207
Mar 202106961.302.72$187
Feb 20211594657.805.55$9,445
Jan 202107850.412.81$219
Dec 202003044.642.68$80
Nov 20201728738.772.71$6,904
Oct 2020010236.972.48$253
Sep 2020011537.091.99$229
Aug 20208212439.982.39$3,574
Jul 202009338.371.83$170
Jun 20201694834.901.69$5,979
May 202003716.921.81$67
Apr 2020011114.751.80$200
Mar 2020010230.341.86$189
Feb 202009849.881.98$194
Jan 20201866157.252.09$10,776
Dec 20191838259.012.30$10,988
Nov 201909655.302.75$264
Oct 201904653.472.42$111
Sep 20191675655.052.66$9,342
Aug 201908353.112.30$191
Jul 20191798556.272.46$10,281
Jun 2019010452.782.49$259
May 2019010958.482.74$299
Apr 20191728262.632.75$10,998
Mar 201906256.803.06$190
Feb 201907850.852.79$218
Jan 201916810646.033.23$8,075
Dec 2018012346.594.19$515
Nov 20181906252.934.24$10,319
Oct 2018015561.443.40$527
Sep 2018014659.543.11$454
Aug 201817917259.403.07$11,160
Jul 201818313565.142.93$12,316
Jun 20180060.183.08$0
May 2018071265.382.90$2,065
Apr 201801063.842.90$29
Mar 201805461.222.79$150
Feb 2018035361.782.77$976
Jan 2018038662.874.01$1,548
Dec 2017033057.272.92$964
Nov 2017034555.423.12$1,076
Oct 2017042749.292.98$1,274
Sep 2017047247.523.09$1,457
Aug 2017024945.373.00$748
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 2016181048.763.72$8,826
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 20160042.521.99$0
Apr 20160036.561.99$0
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

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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas        33 Mcf  × $  3.15 =       $104

────────────────────────────────────────────────────
Month total                                     $104

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. 10/O/9388 is the state's own key, not one this site invented.