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 289847District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.2 M
Feb 2020 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
76
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
NGPA1none
ST-1112021-11-09229784

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
CondensateDisposition284,180 bbl$22,167,716
GasProduction2,165,539 Mcf$10,008,162
Total$32,175,878

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 28.8683, -97.7444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86834, -97.74441 · 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
13,328 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 13,328 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-2553676906H13,328 ftApr 2021

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 (76)

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

76 months

May 20263897,072106.413.05$62,934
Apr 20267686,85998.932.87$95,662
Mar 20264196,18189.753.15$57,072
Feb 20266505,60363.503.75$62,288
Jan 20263606,52859.138.00$73,497
Dec 20251,01568156.664.41$60,515
Nov 20251,5916,71858.593.93$119,595
Oct 20251,2306,35359.383.30$94,033
Sep 20251,5496,66462.743.08$117,689
Aug 20251,7497,00463.933.01$132,929
Jul 20257307,13166.743.32$72,361
Jun 20257268,33166.483.13$74,330
May 20258148,25260.553.23$75,961
Apr 20251,0388,25962.363.54$93,992
Mar 20251,0578,63867.704.27$108,429
Feb 20251,4318,10370.884.34$136,603
Jan 20251,8268,18074.324.28$170,708
Dec 20241,3329,35668.993.12$121,098
Nov 20241,12310,06769.052.20$99,675
Oct 20241,37110,74371.372.28$122,357
Sep 20241,19811,89069.612.36$111,505
Aug 20241,21912,98075.632.06$118,979
Jul 20241,31711,58279.932.15$130,130
Jun 20249339,39278.082.63$97,587
May 20241,52513,92378.812.20$150,794
Apr 202478912,44984.451.66$87,286
Mar 202467512,17680.301.55$73,016
Feb 202465512,74976.091.78$72,579
Jan 20241,30614,16773.023.30$142,082
Dec 20231,58816,68471.262.61$156,718
Nov 20231,59517,39877.892.81$173,080
Oct 20231,96519,68985.443.09$228,675
Sep 20232,06521,56189.042.74$242,838
Aug 20232,78827,76680.522.67$298,705
Jul 20231,89217,10674.852.64$186,807
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20231046275.112.47$7,964
Jan 20233911276.533.39$3,364
Dec 2022264076.415.73$20,172
Nov 20224,04037,51085.005.65$555,189
Oct 20224,63444,85087.185.86$666,982
Sep 20224,80146,79284.888.16$789,504
Aug 20225,73051,64694.529.13$1,012,981
Jul 20225,97455,709101.587.54$1,027,001
Jun 20226,99156,336115.097.98$1,253,998
May 20226,89863,401109.378.43$1,289,097
Apr 20229,50365,824104.226.84$1,440,481
Mar 202211,02272,222108.885.08$1,566,703
Feb 20229,62970,65391.054.86$1,220,012
Jan 202211,65682,98981.844.54$1,330,505
Dec 202113,02591,49471.323.90$1,285,689
Nov 202113,34494,99077.435.24$1,530,674
Oct 202114,208107,88279.795.71$1,750,080
Sep 202115,073117,77769.865.35$1,683,215
Aug 202124,217138,52366.024.22$2,183,455
Jul 202121,900151,75570.783.98$2,154,383
Jun 202124,442166,49769.493.38$2,261,338
May 202123,037194,55863.483.02$2,049,501
Apr 202110,97175,72260.362.76$871,083
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0

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           389 bbl  × $106.41 =    $41,393
Gas                7,072 Mcf  × $  3.05 =    $21,540

────────────────────────────────────────────────────
Month total                                  $62,934

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/289847 is the state's own key, not one this site invented.