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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 271605District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.3 M
Oct 2013 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (EAGLE FORD) field

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 Gas112014-07-23213181
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
CondensateDisposition305,770 bbl$23,850,974
GasProduction611,219 Mcf$2,424,179
Total$26,275,153

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 28.8997, -97.7917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89972, -97.79171 · 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
12,888 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 12,888 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-2553297509H12,888 ftOct 2013——

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 (152)

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

152 months

May 202621420106.413.05$3,514
Apr 20262939198.932.87$3,991
Mar 20261824189.753.15$2,375
Feb 20264335363.503.75$4,054
Jan 20263183359.138.00$8,495
Dec 20258146256.664.41$6,628
Nov 20251667758.593.93$3,596
Oct 20256170559.383.30$5,952
Sep 20254761962.743.08$4,853
Aug 20256953763.933.01$6,030
Jul 20257655466.743.32$6,909
Jun 202518286366.483.13$14,799
May 202510616560.553.23$6,952
Apr 20255242,07062.363.54$40,011
Mar 202512740267.704.27$10,314
Feb 20252951,12270.884.34$25,780
Jan 20253501,29074.324.28$31,532
Dec 20243591,40068.993.12$29,137
Nov 20243551,13369.052.20$27,004
Oct 20244331,33471.372.28$33,947
Sep 20241721,00269.612.36$14,342
Aug 20241451,62175.632.06$14,311
Jul 20241821,15879.932.15$17,033
Jun 202420358478.082.63$17,388
May 20242841,02678.812.20$24,638
Apr 20243811,08684.451.66$33,977
Mar 202436962780.301.55$30,600
Feb 202429262376.091.78$23,329
Jan 202431277473.023.30$25,335
Dec 20233341,09571.262.61$26,660
Nov 20233331,12177.892.81$29,085
Oct 20234181,26385.443.09$39,613
Sep 20233921,48289.042.74$38,957
Aug 20233521,25680.522.67$31,700
Jul 20233931,29874.852.64$32,845
Jun 20233861,04868.962.26$28,985
May 20233979270.622.23$28,241
Apr 20233831,11178.122.24$32,406
Mar 20234201,14972.852.39$33,347
Feb 20233821,00075.112.47$31,158
Jan 20234421,24576.533.39$38,044
Dec 20223811,25476.415.73$36,296
Nov 20223601,16885.005.65$37,195
Oct 20223791,37387.185.86$41,092
Sep 20223811,43384.888.16$44,038
Aug 20224351,18694.529.13$51,941
Jul 20227651,750101.587.54$90,907
Jun 20221,0841,589115.097.98$137,433
May 20224341,579109.378.43$60,782
Apr 20225421,431104.226.84$66,272
Mar 20227771,485108.885.08$92,138
Feb 20224271,43991.054.86$45,870
Jan 20225131,34081.844.54$48,064
Dec 20215081,37771.323.90$41,600
Nov 20214261,38577.435.24$40,238
Oct 20214764,03579.795.71$61,036
Sep 20215344,63669.865.35$62,112
Aug 20211,0491,77066.024.22$76,725
Jul 20216561,55670.783.98$52,628
Jun 20216271,57369.493.38$48,888
May 20216171,62563.483.02$44,071
Apr 20216631,56760.362.76$44,341
Mar 20216061,09561.302.72$40,123
Feb 20214289157.805.55$25,243
Jan 20215671,24350.412.81$32,076
Dec 202049184444.642.68$24,176
Nov 202047531638.772.71$19,271
Oct 202059014436.972.48$22,169
Sep 202060275337.091.99$23,827
Aug 20205181,33739.982.39$23,899
Jul 202060434938.371.83$23,812
Jun 202047619134.901.69$16,935
May 202055610316.921.81$9,594
Apr 20205239914.751.80$7,893
Mar 202039673430.341.86$13,377
Feb 202043687249.881.98$23,475
Jan 20204341,42157.252.09$27,823
Dec 20194911,51359.012.30$32,460
Nov 20194051,62955.302.75$26,877
Oct 20196111,59753.472.42$36,533
Sep 20196401,23655.052.66$38,516
Aug 20196601,25553.112.30$37,945
Jul 20195601,18356.272.46$34,421
Jun 20197361,34252.782.49$42,189
May 20197481,54358.482.74$47,971
Apr 20198361,58462.632.75$56,716
Mar 20197311,47756.803.06$46,044
Feb 20196241,37050.852.79$35,556
Jan 20197581,25646.033.23$38,945
Dec 20188181,93646.594.19$46,214
Nov 201881696952.934.24$47,297
Oct 20188892,37061.443.40$62,674
Sep 20188622,50059.543.11$59,093
Aug 20188582,76259.403.07$59,435
Jul 20188492,75865.142.93$63,390
Jun 20187322,82360.183.08$52,738
May 20181,3754,66565.382.90$103,430
Apr 20188161,90963.842.90$57,631
Mar 201874961.222.79$565
Feb 20180061.782.77$0
Jan 201851774162.874.01$35,475
Dec 201741684557.272.92$26,293
Nov 20175514855.423.12$3,510
Oct 201734932049.292.98$18,157
Sep 201751163047.523.09$26,228
Aug 201727439445.373.00$13,615
Jul 201765588243.873.09$31,458
Jun 201734937542.493.09$15,987
May 20177981,03845.373.26$39,593
Apr 20171,1312,18047.933.21$61,210
Mar 20171,0702,16946.772.98$56,516
Feb 20179421,89250.452.95$53,110
Jan 20179712,23949.413.42$55,632
Dec 20161,1772,70948.763.72$67,476
Nov 20161,2963,32542.492.64$63,860
Oct 20161,2483,23946.193.09$67,654
Sep 20161,6414,81041.553.10$83,098
Aug 20161,8934,73941.442.92$92,304
Jul 20161,5502,73941.622.92$72,521
Jun 20161,7723,26245.352.69$89,121
May 20161,7102,72442.521.99$78,133
Apr 20162,0512,60536.561.99$80,171
Mar 20161,6752,38133.011.79$59,563
Feb 20162,0163,27526.472.06$60,122
Jan 20162,3684,37627.352.36$75,111
Dec 20152,4094,21732.362.00$86,395
Nov 20152,7454,63438.792.17$116,522
Oct 20152,4824,62143.552.43$119,304
Sep 20151,8043,37942.992.76$86,875
Aug 20152,6584,88740.162.87$120,783
Jul 20153,1446,23148.152.95$169,734
Jun 20152,7355,65456.152.88$169,870
May 20152,3844,83955.212.96$145,922
Apr 20152,3056,89149.822.71$133,486
Mar 20152,0449,30942.892.93$114,986
Feb 20151,7835,61444.662.98$96,337
Jan 20153,4658,92743.433.10$178,164
Dec 20145,03311,13654.693.59$315,248
Nov 20145,31811,16470.464.25$422,174
Oct 20146,46313,14978.303.90$557,347
Sep 20147,56314,41886.164.05$709,955
Aug 20148,33415,49489.394.04$807,496
Jul 201410,07919,04996.564.18$1,052,845
Jun 20149,84517,71598.164.74$1,050,299
May 201412,42923,52394.734.73$1,288,582
Apr 201411,92421,71795.944.81$1,248,428
Mar 201414,65824,25495.895.06$1,528,203
Feb 201415,08726,78997.406.19$1,635,351
Jan 201423,34340,96690.404.86$2,309,331
Dec 201330,06752,66291.824.35$2,990,068
Nov 201331,56054,69588.853.74$3,008,571
Oct 20139,92118,14797.423.78$1,035,088

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            21 bbl  × $106.41 =     $2,235
Gas                  420 Mcf  × $  3.05 =     $1,279

────────────────────────────────────────────────────
Month total                                   $3,514

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/271605 is the state's own key, not one this site invented.