RIDLEY 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263530District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$41.2 M
Jul 2011 – May 2026
Value, last 12 filed months
$207
at the published price for each month
Months reported
179
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-11-06207608
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition431,506 bbl$38,819,042
GasProduction704,653 Mcf$2,422,084
Total$41,241,126

Wells on this lease (1)

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 28.9086, -97.7862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90855, -97.78625 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,749 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 12,749 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-2553187101H12,749 ftJun 2011

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 (179)

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

179 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 20253266.743.32$207
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 20248312768.993.12$6,123
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024719579.932.15$5,879
Jun 20241378.082.63$86
May 20247011678.812.20$5,772
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202382671.262.61$638
Nov 20230077.892.81$0
Oct 202313585.443.09$1,126
Sep 2023442489.042.74$3,983
Aug 2023361880.522.67$2,947
Jul 2023321074.852.64$2,422
Jun 202301568.962.26$34
May 202304370.622.23$96
Apr 20230078.122.24$0
Mar 20233120472.852.39$2,747
Feb 20236830675.112.47$5,862
Jan 202311016076.533.39$8,960
Dec 20228842576.415.73$9,159
Nov 20221112,22785.005.65$22,009
Oct 2022911387.185.86$8,010
Sep 20221001484.888.16$8,602
Aug 20221021294.529.13$9,751
Jul 2022116155101.587.54$12,952
Jun 2022104468115.097.98$15,703
May 2022112481109.378.43$16,306
Apr 2022116454104.226.84$15,194
Mar 2022121393108.885.08$15,170
Feb 2022961591.054.86$8,814
Jan 20221141681.844.54$9,402
Dec 20211271871.323.90$9,128
Nov 20211181777.435.24$9,226
Oct 202112935279.795.71$12,304
Sep 20211411569.865.35$9,931
Aug 2021143866.024.22$9,475
Jul 202123146370.783.98$18,194
Jun 202124928869.493.38$18,277
May 202122445263.483.02$15,584
Apr 20211452660.362.76$8,824
Mar 20211484561.302.72$9,195
Feb 2021771757.805.55$4,545
Jan 202111312450.412.81$6,045
Dec 20207410144.642.68$3,574
Nov 202013723438.772.71$5,945
Oct 202017538536.972.48$7,424
Sep 202016297837.091.99$7,956
Aug 20201353039.982.39$5,469
Jul 20201583438.371.83$6,125
Jun 20201527334.901.69$5,428
May 20201694516.921.81$2,941
Apr 20201586714.751.80$2,451
Mar 20201724230.341.86$5,296
Feb 20201864949.881.98$9,375
Jan 20201854257.252.09$10,679
Dec 20191854859.012.30$11,027
Nov 20191423955.302.75$7,960
Oct 20191653553.472.42$8,907
Sep 201921123255.052.66$12,232
Aug 201921723953.112.30$12,076
Jul 20192472356.272.46$13,955
Jun 201920211152.782.49$10,938
May 201923291158.482.74$16,064
Apr 201924983662.632.75$17,894
Mar 201941054556.803.06$24,957
Feb 201933125850.852.79$17,552
Jan 20192862,09346.033.23$19,921
Dec 20182402,18946.594.19$20,344
Nov 201816846952.934.24$10,880
Oct 201824950161.443.40$17,001
Sep 201820464759.543.11$14,157
Aug 201856873259.403.07$35,984
Jul 201858556665.142.93$39,766
Jun 201836849660.183.08$23,672
May 201830359265.382.90$21,527
Apr 201808663.842.90$249
Mar 2018336361.222.79$2,196
Feb 201814431761.782.77$9,773
Jan 201828852362.874.01$20,203
Dec 201728054057.272.92$17,613
Nov 201721340255.423.12$13,058
Oct 201730154049.292.98$16,447
Sep 201735866847.523.09$19,074
Aug 201718034245.373.00$9,194
Jul 201732261043.873.09$16,009
Jun 201726751642.493.09$12,938
May 201735468345.373.26$18,290
Apr 201730157747.933.21$16,280
Mar 201735466246.772.98$18,532
Feb 201730459250.452.95$17,085
Jan 201735862649.413.42$19,829
Dec 201635466548.763.72$19,737
Nov 201634768242.492.64$16,547
Oct 201639476546.193.09$20,563
Sep 201643388341.553.10$20,729
Aug 20165381,08941.442.92$25,479
Jul 201635825641.622.92$15,649
Jun 201637632445.352.69$17,922
May 201645447042.521.99$20,240
Apr 201652463336.561.99$20,418
Mar 201635425933.011.79$12,150
Feb 201630722226.472.06$8,584
Jan 201639327927.352.36$11,408
Dec 201542440532.362.00$14,531
Nov 201548558538.792.17$20,081
Oct 201554862943.552.43$25,392
Sep 201550161842.992.76$23,243
Aug 201563790140.162.87$28,170
Jul 20156791,11148.152.95$35,966
Jun 20159241,03056.152.88$54,852
May 201524535755.212.96$14,582
Apr 201559478849.822.71$31,726
Mar 20157711,15742.892.93$36,464
Feb 201571398344.662.98$34,768
Jan 20156421,19343.433.10$31,581
Dec 20141,0561,43754.693.59$62,913
Nov 20147611,09970.464.25$58,293
Oct 20141,0021,31578.303.90$83,586
Sep 20141,0481,25786.164.05$95,381
Aug 20149381,48989.394.04$89,856
Jul 20141,1831,84396.564.18$121,933
Jun 20141,2031,91598.164.74$127,158
May 20141,3832,10194.734.73$140,942
Apr 20141,5022,27095.944.81$155,019
Mar 20141,5992,44695.895.06$165,697
Feb 20142,0082,50297.406.19$211,072
Jan 20143,4563,11990.404.86$327,583
Dec 20133,9403,85391.824.35$378,549
Nov 20135,0695,80188.853.74$472,066
Oct 20130097.423.78$0
Sep 2013356807104.113.72$40,063
Aug 20134,8697,705104.253.52$534,735
Jul 20135,3888,408102.523.72$583,637
Jun 20135,6979,73294.403.93$576,077
May 20136,77711,67194.834.15$691,087
Apr 20138,03813,22793.964.28$811,896
Mar 20139,71815,68793.623.91$971,180
Feb 201310,27116,38291.233.42$993,048
Jan 201310,38616,72691.603.42$1,008,559
Dec 20125,1977,48886.773.42$476,554
Nov 20128,02511,06386.953.62$737,877
Oct 20129,56013,75589.383.40$901,235
Sep 201210,55915,40594.672.92$1,044,578
Aug 201211,09116,50492.662.91$1,075,688
Jul 201212,74519,46585.133.02$1,143,782
Jun 201212,84319,21879.822.52$1,073,539
May 201213,31220,20291.612.49$1,269,781
Apr 201217,11126,967101.652.00$1,793,181
Mar 201218,36325,652105.052.22$1,986,034
Feb 201219,80931,264101.102.57$2,083,046
Jan 201223,80737,68198.092.73$2,438,252
Dec 201126,22341,79896.873.24$2,675,637
Nov 201127,94344,63895.723.31$2,822,513
Oct 201130,69648,38684.983.65$2,785,084
Sep 201133,62850,76483.623.99$3,014,309
Aug 201111,30122,25183.404.15$1,034,830
Jul 201124,48274,03594.144.52$2,639,169

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             3 bbl  × $ 66.74 =       $200
Gas                    2 Mcf  × $  3.32 =         $7

────────────────────────────────────────────────────
Month total                                     $207

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. 02/G/263530 is the state's own key, not one this site invented.