RICKS LIVING TRUST GU2

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) 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 268702District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.8 M
Aug 2012 – May 2026
Value, last 12 filed months
$181 k
at the published price for each month
Months reported
166
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 Gas112013-08-16210197
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
CondensateDisposition133,997 bbl$10,085,105
GasProduction1,708,346 Mcf$5,723,628
Total$15,808,733

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 28.8037, -97.8622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80374, -97.86224 · 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
12,803 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 12,803 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-25532535A 1H12,803 ftAug 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 (166)

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

166 months

May 2026411,115106.413.05$7,759
Apr 2026351,26398.932.87$7,087
Mar 2026371,41489.753.15$7,774
Feb 20261121,71563.503.75$13,544
Jan 20268751,94659.138.00$67,303
Dec 20251591,30756.664.41$14,777
Nov 20251071,17258.593.93$10,871
Oct 20252437359.383.30$2,658
Sep 20250062.743.08$0
Aug 2025399163.933.01$3,179
Jul 20251932,64266.743.32$21,640
Jun 20252462,54366.483.13$24,310
May 2025471,30160.553.23$7,051
Apr 2025701,72862.363.54$10,488
Mar 2025201,86867.704.27$9,327
Feb 2025223,10970.884.34$15,055
Jan 2025973,16174.324.28$20,734
Dec 2024821,44768.993.12$10,174
Nov 20241281,15269.052.20$11,371
Oct 20241431,16371.372.28$12,859
Sep 20241631,61269.612.36$15,158
Aug 20241321,31675.632.06$12,699
Jul 20242012,87679.932.15$22,240
Jun 20241762,25478.082.63$19,679
May 20242671,40578.812.20$24,131
Apr 20243842,02784.451.66$35,792
Mar 20245432,77580.301.55$47,891
Feb 20244812,21676.091.78$40,552
Jan 20241385,64773.023.30$28,699
Dec 20234502,81471.262.61$39,414
Nov 20233262,36677.892.81$32,035
Oct 20232951,77685.443.09$30,688
Sep 20231472,78089.042.74$20,692
Aug 20233113,37280.522.67$34,055
Jul 20233303,33874.852.64$33,519
Jun 20234633,84168.962.26$40,603
May 20238484,71470.622.23$70,386
Apr 20231,1877,94278.122.24$110,501
Mar 20231,87413,43672.852.39$168,675
Feb 20239016,19075.112.47$82,937
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20227094.529.13$662
Jul 202253125101.587.54$6,327
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221200108.885.08$13,066
Feb 20222172,40091.054.86$31,419
Jan 20223123,61581.844.54$41,938
Dec 20214325,10371.323.90$50,707
Nov 20217834,54877.435.24$84,445
Oct 20215066,76179.795.71$79,005
Sep 20214374,07469.865.35$52,328
Aug 20213413,64166.024.22$37,880
Jul 20213834,29570.783.98$44,212
Jun 20213507,17069.493.38$48,561
May 20213456,48963.483.02$41,482
Apr 20213736,68560.362.76$40,954
Mar 20215806,78461.302.72$53,986
Feb 20213956,38857.805.55$58,271
Jan 20214134,28550.412.81$32,861
Dec 20206525,40044.642.68$43,553
Nov 20204804,95038.772.71$32,007
Oct 20204985,27536.972.48$31,485
Sep 20202483,80737.091.99$16,778
Aug 20204383,78539.982.39$26,539
Jul 20201953,95738.371.83$14,704
Jun 20203924,04234.901.69$20,513
May 20203924,37716.921.81$14,576
Apr 20202004,67714.751.80$11,389
Mar 20203964,12830.341.86$19,677
Feb 20206275,33449.881.98$41,840
Jan 202007,36457.252.09$15,426
Dec 20195696,58459.012.30$48,749
Nov 20193974,11955.302.75$33,284
Oct 2019075353.472.42$1,821
Sep 20191934,61255.052.66$22,880
Aug 20193723,12253.112.30$26,951
Jul 20191833,81056.272.46$19,670
Jun 20191834,04352.782.49$19,731
May 20193754,57258.482.74$34,459
Apr 20193757,02662.632.75$42,813
Mar 20193873,95756.803.06$34,098
Feb 201901,35250.852.79$3,775
Jan 20193876,54046.033.23$38,926
Dec 20183854,90246.594.19$38,454
Nov 20183815,37152.934.24$42,925
Oct 20183874,21361.443.40$38,093
Sep 20181924,14459.543.11$24,311
Aug 20181893,35459.403.07$21,512
Jul 20181905,06065.142.93$27,212
Jun 201806,61460.183.08$20,351
May 20181937,24465.382.90$33,632
Apr 20185707,48263.842.90$58,093
Mar 20181916,52561.222.79$29,877
Feb 20182066,08261.782.77$29,550
Jan 20189666,35362.874.01$86,204
Dec 20171,0427,51857.272.92$81,639
Nov 20178206,90355.423.12$66,970
Oct 20171,1078,91949.292.98$81,175
Sep 20174264,20847.523.09$33,235
Aug 20177896,69945.373.00$55,923
Jul 20179128,59043.873.09$66,529
Jun 20176927,40742.493.09$52,271
May 20177019,58545.373.26$63,084
Apr 20174418,26147.933.21$47,668
Mar 20173996,07746.772.98$36,793
Feb 20176079,90350.452.95$59,863
Jan 20175466,72049.413.42$49,952
Dec 20165779,12348.763.72$62,098
Nov 201638211,97142.492.64$47,887
Oct 201657110,52146.193.09$58,887
Sep 201660611,24241.553.10$60,037
Aug 201694211,97841.442.92$74,064
Jul 201690514,10341.622.92$78,908
Jun 201675914,40345.352.69$73,105
May 20164845,67342.521.99$31,875
Apr 20161,02512,37436.561.99$62,111
Mar 201676014,85933.011.79$51,745
Feb 201680313,85226.472.06$49,841
Jan 20161,20015,44127.352.36$69,328
Dec 201552760,45132.362.00$138,041
Nov 20152,25746,23238.792.17$187,749
Oct 20152,10018,35543.552.43$135,995
Sep 201522064642.992.76$11,240
Aug 20151871,92740.162.87$13,045
Jul 20153823,48148.152.95$28,645
Jun 20153795,75156.152.88$37,860
May 20152004,47955.212.96$24,279
Apr 20158080549.822.71$6,164
Mar 20151,44314,03442.892.93$103,076
Feb 20151,02517,91144.662.98$99,083
Jan 20151,19116,91043.433.10$104,157
Dec 20141,43616,88954.693.59$139,189
Nov 201435510,18770.464.25$68,327
Oct 201458010,12078.303.90$84,892
Sep 201456711,64686.164.05$95,966
Aug 20141,13111,79189.394.04$148,678
Jul 201482511,83496.564.18$129,123
Jun 20141,07911,52798.164.74$160,517
May 20141,46517,40594.734.73$221,045
Apr 20141,08821,11295.944.81$205,913
Mar 20141,02315,74495.895.06$177,710
Feb 20141,67721,93597.406.19$299,161
Jan 20143,57220,63090.404.86$423,185
Dec 20133,38020,28391.824.35$398,674
Nov 20132,61619,43988.853.74$305,100
Oct 20131,92124,94397.423.78$281,412
Sep 20132423,394104.113.72$89,471
Aug 20131,28229,363104.253.52$237,083
Jul 20133,39733,243102.523.72$471,849
Jun 20133,14136,30094.403.93$439,293
May 20132,50542,60894.834.15$414,333
Apr 2013046,92993.964.28$200,978
Mar 20132,17553,12393.623.91$411,487
Feb 20134,71457,36291.233.42$626,231
Jan 20135,64161,49691.603.42$727,026
Dec 20125,45156,16686.773.42$665,080
Nov 20127,66572,99386.953.62$931,068
Oct 20128,67577,37289.383.40$1,038,412
Sep 20128,86279,60994.672.92$1,071,296
Aug 201236912,19192.662.91$69,645

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.

May 2026 — as filed, then multipliedworked
Condensate            41 bbl  × $106.41 =     $4,363
Gas                1,115 Mcf  × $  3.05 =     $3,396

────────────────────────────────────────────────────
Month total                                   $7,759

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/268702 is the state's own key, not one this site invented.