RIDLEY FARMS 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 266584District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 M
Sep 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
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 Gas112014-12-05213805
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
CondensateDisposition169,196 bbl$14,147,341
GasProduction670,841 Mcf$2,248,937
Total$16,396,278

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 28.8862, -97.7484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88622, -97.74838 · 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
13,224 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 13,224 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-2553202101H13,224 ftSep 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 (177)

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

177 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 20250066.743.32$0
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 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230176.533.39$3
Dec 202203276.415.73$183
Nov 202201785.005.65$96
Oct 20220787.185.86$41
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022037101.587.54$279
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020515616.921.81$965
Apr 202030231014.751.80$5,014
Mar 20201771,34530.341.86$7,867
Feb 20201641,28149.881.98$10,718
Jan 20201671,35157.252.09$12,391
Dec 20191761,38759.012.30$13,582
Nov 20191421,37555.302.75$11,635
Oct 20191701,40953.472.42$12,498
Sep 20192171,40455.052.66$15,677
Aug 20192331,45153.112.30$15,718
Jul 20192391,49756.272.46$17,131
Jun 20192721,31052.782.49$17,620
May 20192871,38858.482.74$20,587
Apr 20192831,39662.632.75$21,564
Mar 20192751,41556.803.06$19,953
Feb 20192391,26450.852.79$15,683
Jan 20192771,47046.033.23$17,496
Dec 20182691,52646.594.19$18,920
Nov 20182601,51152.934.24$20,164
Oct 20182921,61161.443.40$23,415
Sep 20182761,54659.543.11$21,238
Aug 20183141,80759.403.07$24,193
Jul 20183021,67865.142.93$24,592
Jun 20183331,70760.183.08$25,292
May 201825268765.382.90$18,469
Apr 201814168063.842.90$10,974
Mar 201816477861.222.79$12,208
Feb 20183131,26261.782.77$22,828
Jan 20184621,43962.874.01$34,815
Dec 20174601,42557.272.92$30,507
Nov 20174761,60655.423.12$31,388
Oct 20175391,90649.292.98$32,254
Sep 20173041,04247.523.09$17,663
Aug 201721864445.373.00$11,825
Jul 20173791,29743.873.09$20,631
Jun 20173991,44842.493.09$21,424
May 20174301,54145.373.26$24,538
Apr 20174251,47447.933.21$25,104
Mar 20174141,27146.772.98$23,155
Feb 20173411,15850.452.95$20,623
Jan 20175571,52649.413.42$32,738
Dec 20164901,71748.763.72$30,285
Nov 20164081,42742.492.64$21,109
Oct 20164641,81446.193.09$27,038
Sep 20164651,71641.553.10$24,641
Aug 20164671,84841.442.92$24,757
Jul 20165231,80941.622.92$27,057
Jun 20165351,88545.352.69$29,325
May 20165891,99442.521.99$29,014
Apr 20165711,97636.561.99$24,810
Mar 20166211,80133.011.79$23,730
Feb 20166111,81526.472.06$19,919
Jan 20166802,00327.352.36$23,334
Dec 20156962,18932.362.00$26,904
Nov 20157582,33438.792.17$34,461
Oct 20157002,85243.552.43$37,406
Sep 20153051,29442.992.76$16,681
Aug 20154431,84840.162.87$23,099
Jul 20155502,37748.152.95$33,483
Jun 20156042,48756.152.88$41,084
May 20151,2922,81655.212.96$79,654
Apr 20151,9162,74149.822.71$102,874
Mar 20151,8642,80042.892.93$88,164
Feb 20151,4312,25144.662.98$70,608
Jan 20151,3863,24443.433.10$70,252
Dec 20147933,21654.693.59$54,919
Nov 20147583,15670.464.25$66,827
Oct 20147723,30078.303.90$73,321
Sep 20147463,33686.164.05$77,771
Aug 20148263,54689.394.04$88,145
Jul 20148883,45196.564.18$100,169
Jun 20148773,40198.164.74$102,196
May 20141,0223,83194.734.73$114,922
Apr 20141,2243,28895.944.81$133,243
Mar 20141,1073,63995.895.06$124,552
Feb 20141,3875,07897.406.19$166,537
Jan 201431263190.404.86$31,272
Dec 20138472,25291.824.35$87,578
Nov 20139102,84888.853.74$91,500
Oct 20131,3884,01797.423.78$150,401
Sep 20131,3034,047104.113.72$150,701
Aug 20131,5454,551104.253.52$177,098
Jul 20131,5444,985102.523.72$176,824
Jun 20131,5584,83494.403.93$166,089
May 20131,7045,20994.834.15$183,203
Apr 20131,6094,86993.964.28$172,034
Mar 20131,7236,41893.623.91$186,420
Feb 20131,6386,35691.233.42$171,172
Jan 20131,8157,31791.603.42$191,277
Dec 20122,1496,80686.773.42$209,746
Nov 20122,2746,43886.953.62$221,062
Oct 20122,4377,62789.383.40$243,748
Sep 20122,7259,00794.672.92$284,262
Aug 20123,10110,72792.662.91$318,534
Jul 20123,50911,98185.133.02$334,913
Jun 20124,05313,68379.822.52$357,978
May 20125,05116,63791.612.49$504,120
Apr 20126,57921,340101.652.00$711,367
Mar 20125,64618,401105.052.22$634,001
Feb 20125,07821,150101.102.57$567,746
Jan 20127,50231,42598.092.73$821,790
Dec 20119,65638,65296.873.24$1,060,599
Nov 201111,95347,24795.723.31$1,300,589
Oct 201115,45764,69984.983.65$1,549,593
Sep 201123,370142,63483.623.99$2,522,710

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.

Jan 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.53 =         $0
Gas                    1 Mcf  × $  3.39 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/266584 is the state's own key, not one this site invented.