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 266586District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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 Gas112013-04-04209469
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
CondensateDisposition232,420 bbl$18,909,425
GasProduction933,704 Mcf$3,053,222
Total$21,962,647

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 28.8883, -97.7469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88826, -97.74695 · 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
13,230 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 13,230 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-2553224302H13,230 ftMar 2012

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 (171)

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

171 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 202422775184.451.66$20,416
Mar 202411058480.301.55$9,735
Feb 20242771,56976.091.78$23,875
Jan 20243191,71573.023.30$28,949
Dec 20233631,83571.262.61$30,658
Nov 20233101,70177.892.81$28,922
Oct 20232631,68085.443.09$27,657
Sep 20233161,68489.042.74$32,742
Aug 20236743,64480.522.67$64,010
Jul 20232082674.852.64$15,637
Jun 20230368.962.26$7
May 20237372870.622.23$6,777
Apr 20233072,07578.122.24$28,626
Mar 20231991,28072.852.39$17,560
Feb 20234481,89275.112.47$38,314
Jan 20233821,88476.533.39$35,617
Dec 20223151,51776.415.73$32,760
Nov 20223842,22685.005.65$45,208
Oct 20223772,34187.185.86$46,594
Sep 20223722,26784.888.16$50,082
Aug 20223932,40494.529.13$59,088
Jul 20223902,655101.587.54$59,640
Jun 20225672,643115.097.98$86,340
May 20225953,046109.378.43$90,762
Apr 20227043,116104.226.84$94,677
Mar 20228373,438108.885.08$108,585
Feb 20228553,50691.054.86$94,883
Jan 20228664,20281.844.54$89,941
Dec 20217664,54371.323.90$72,345
Nov 202131077.435.24$285
Oct 202142479.795.71$456
Sep 20210269.865.35$11
Aug 20210066.024.22$0
Jul 20211070.783.98$71
Jun 20212569.493.38$156
May 2021139363.483.02$8,833
Apr 20216263,87860.362.76$48,483
Mar 20212171,08261.302.72$16,242
Feb 20212512,12457.805.55$26,292
Jan 20213512,83950.412.81$25,672
Dec 20203542,87244.642.68$23,486
Nov 20203492,75938.772.71$20,998
Oct 20203732,85436.972.48$20,863
Sep 20203372,58737.091.99$17,650
Aug 20203882,89939.982.39$22,427
Jul 20204043,05138.371.83$21,070
Jun 20203662,91434.901.69$17,699
May 20204312,99516.921.81$12,728
Apr 20204023,41714.751.80$12,095
Mar 20202111,65730.341.86$9,478
Feb 20203402,40349.881.98$21,719
Jan 20202752,30957.252.09$20,581
Dec 20194523,34759.012.30$34,385
Nov 20193463,18755.302.75$27,900
Oct 20191521,74153.472.42$12,338
Sep 20194413,22455.052.66$32,844
Aug 20195793,76953.112.30$39,436
Jul 20195383,48756.272.46$38,851
Jun 20192992,23652.782.49$21,352
May 20193822,70558.482.74$29,752
Apr 20193532,17762.632.75$28,097
Mar 20196033,18856.803.06$44,012
Feb 20194983,13050.852.79$34,063
Jan 20195483,96546.033.23$38,024
Dec 20185303,73346.594.19$40,317
Nov 20185363,53952.934.24$43,366
Oct 20185834,03661.443.40$49,534
Sep 20186134,54559.543.11$50,624
Aug 20184293,68259.403.07$36,774
Jul 20186244,81765.142.93$54,770
Jun 20187455,22860.183.08$60,920
May 20187194,43065.382.90$59,859
Apr 20187004,26863.842.90$57,069
Mar 20181,0325,79461.222.79$79,326
Feb 20182021,10661.782.77$15,539
Jan 201801,21862.874.01$4,883
Dec 20178863,74357.272.92$61,676
Nov 20171,1505,07255.423.12$79,549
Oct 20177713,24949.292.98$47,697
Sep 20170047.523.09$0
Aug 201714245.373.00$172
Jul 20171,0354,82043.873.09$60,286
Jun 20178048842.493.09$4,906
May 20179734,17145.373.26$57,757
Apr 20178233,23847.933.21$49,846
Mar 20178393,30446.772.98$49,098
Feb 20177492,92050.452.95$46,409
Jan 20178283,29449.413.42$52,173
Dec 20168293,29048.763.72$52,670
Nov 20168083,22742.492.64$42,865
Oct 20167643,11246.193.09$44,906
Sep 20167142,85541.553.10$38,519
Aug 20166962,81941.442.92$37,086
Jul 20169473,83241.622.92$50,620
Jun 20161,0014,04545.352.69$56,260
May 20161,0883,81042.521.99$53,848
Apr 20161,0543,74036.561.99$45,981
Mar 20161,0903,95933.011.79$43,083
Feb 20161,1744,08226.472.06$39,500
Jan 20161,2244,74827.352.36$44,702
Dec 20151,0023,94832.362.00$40,326
Nov 20151,1574,94438.792.17$55,595
Oct 20151,1345,33443.552.43$62,329
Sep 20151,1265,33242.992.76$63,115
Aug 20151,2556,39140.162.87$68,759
Jul 20151,5547,79148.152.95$97,770
Jun 20151,2766,05956.152.88$89,115
May 20151,5657,86355.212.96$109,642
Apr 20151,4346,43849.822.71$88,867
Mar 20152,20410,11042.892.93$124,199
Feb 20151,3475,17544.662.98$75,559
Jan 20151,5207,83543.433.10$90,307
Dec 20141,6657,09154.693.59$116,525
Nov 20141,6516,74170.464.25$144,991
Oct 20141,7567,34478.303.90$166,143
Sep 20141,7787,28286.164.05$182,651
Aug 20141,9327,76089.394.04$204,014
Jul 20141,9837,98396.564.18$224,844
Jun 20142,0568,39498.164.74$241,578
May 20142,3259,39694.734.73$264,658
Apr 20142,3789,68295.944.81$274,707
Mar 20142,78911,21695.895.06$324,154
Feb 20142,4239,80497.406.19$296,707
Jan 20142,94612,45690.404.86$326,864
Dec 20133,49012,71991.824.35$375,836
Nov 20132,1557,82288.853.74$220,713
Oct 20132,5979,48497.423.78$288,843
Sep 20132,6159,672104.113.72$308,206
Aug 20132,86710,701104.253.52$336,580
Jul 20133,01311,200102.523.72$350,531
Jun 20133,18211,90394.403.93$347,200
May 20133,59913,28994.834.15$396,430
Apr 20133,63513,20793.964.28$398,105
Mar 20134,22315,32893.623.91$455,334
Feb 20134,22716,05791.233.42$440,543
Jan 20134,73219,00291.603.42$498,436
Dec 20125,28019,18886.773.42$523,772
Nov 20125,65319,01486.953.62$560,453
Oct 20127,45125,24389.383.40$751,789
Sep 20128,15027,47594.672.92$851,744
Aug 20129,90034,05392.662.91$1,016,366
Jul 201211,60539,83985.133.02$1,108,279
Jun 201213,54246,09279.822.52$1,197,030
May 201215,17250,45091.612.49$1,515,443
Apr 201218,33056,953101.652.00$1,976,968
Mar 20125,59718,593105.052.22$629,280

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.

Apr 2024 — as filed, then multipliedworked
Condensate           227 bbl  × $ 84.45 =    $19,170
Gas                  751 Mcf  × $  1.66 =     $1,246

────────────────────────────────────────────────────
Month total                                  $20,416

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/266586 is the state's own key, not one this site invented.