RANDALL 640
RANDALL 640 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 160,377 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 $2.2M, with roughly $414K 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 353 barrels a month, about 118 per wellbore. Its strongest month on the record we hold was July 2016, at 1,267 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 640
- Who operates RANDALL 640?
- RANDALL 640 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is RANDALL 640?
- RANDALL 640 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08910.
- Is RANDALL 640 still producing?
- RANDALL 640 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANDALL 640 is August 2026.
- How much has RANDALL 640 produced?
- RANDALL 640 has reported 160,377 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 3 wellbores.
- How much is RANDALL 640 worth?
- The remaining production from RANDALL 640 is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANDALL 640 is a fraction of it. The estimate fits an Arps decline curve to the production RANDALL 640 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANDALL 640 is an estimate of value, not an offer and not an appraisal.
- How much income does RANDALL 640 generate in a year?
- RANDALL 640 is forecast to net about $414K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RANDALL 640 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08910 |
| Wellbores | 3 |
| Reported production | 160,377 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where RANDALL 640 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.