RANDALL
RANDALL is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Reed Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2000 to August 2026, totalling 17,651 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $111K, with roughly $21K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 44 barrels a month. Its strongest month on the record we hold was May 2025, at 207 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RANDALL
- Who operates RANDALL?
- RANDALL is operated by Reed Production, Inc., Railroad Commission of Texas operator number 697666.
- Where is RANDALL?
- RANDALL is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29820.
- Is RANDALL still producing?
- RANDALL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANDALL is August 2026.
- How much has RANDALL produced?
- RANDALL has reported 17,651 barrels of oil (bbl) to the Railroad Commission of Texas between October 2000 and August 2026, from 1 wellbore.
- How much is RANDALL worth?
- The remaining production from RANDALL is estimated to be worth about $111K in total as of 26 August 2026, within a range of $61K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANDALL is a fraction of it. The estimate fits an Arps decline curve to the production RANDALL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANDALL is an estimate of value, not an offer and not an appraisal.
- How much income does RANDALL generate in a year?
- RANDALL is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RANDALL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reed Production, Inc. |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 29820 |
| Wellbores | 1 |
| Reported production | 17,651 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $111K |
Where RANDALL sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.