RITCHIE

Operated by OAKRIDGE OIL AND GAS, LP (P-5 617342) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246154District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Sep 2008 – Jul 2021
Value, last 12 filed months
$60
at the published price for each month
Months reported
155
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition29,096 bbl$1,752,274
GasProduction438,539 Mcf$1,876,149
Total$3,628,423

Every month this lease reported (155)

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

155 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20211060.362.76$60
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
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019105050.852.79$5,339
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20124961186.773.42$6,341
Nov 2012073086.953.62$2,646
Oct 201201,62689.383.40$5,528
Sep 201205,26894.672.92$15,374
Aug 201204,56992.662.91$13,287
Jul 201204,65185.133.02$14,050
Jun 201205,41979.822.52$13,651
May 201205,97891.612.49$14,875
Apr 2012815,772101.652.00$19,759
Mar 201216,017105.052.22$13,475
Feb 20121724,720101.102.57$29,521
Jan 201204,98398.092.73$13,624
Dec 201105,22696.873.24$16,931
Nov 201105,56095.723.31$18,411
Oct 201104,48684.983.65$16,367
Sep 20111755,53983.623.99$36,711
Aug 201105,90383.404.15$24,493
Jul 201105,86994.144.52$26,512
Jun 201105,68492.904.64$26,373
May 201105,28898.134.40$23,293
Apr 20111735,329105.964.33$41,423
Mar 201105,69596.364.06$23,107
Feb 201103,43185.644.18$14,342
Jan 20111596,21586.504.59$42,273
Dec 201006,19785.734.35$26,943
Nov 201006,29380.843.80$23,884
Oct 2010727,63578.103.51$32,414
Sep 20101907,36772.633.98$43,116
Aug 201008,30273.684.42$36,690
Jul 201008,66072.554.74$41,018
Jun 201008,26070.364.91$40,560
May 201008,04771.124.24$34,081
Apr 20101928,90681.694.12$52,401
Mar 201028,11778.394.39$35,780
Feb 20101707,59673.585.44$53,849
Jan 201017010,07674.365.96$72,735
Dec 200909,96971.445.48$54,668
Nov 2009010,99774.593.75$41,255
Oct 200934213,83972.544.11$81,690
Sep 200937613,60965.543.06$66,351
Aug 200993017,16767.423.22$117,953
Jul 200918817,91361.133.46$73,552
Jun 200990818,25866.163.90$131,188
May 200919718,29854.743.93$82,617
Apr 200952416,59646.773.59$84,046
Mar 20091,76920,17942.144.06$156,452
Feb 20097583,21232.814.63$39,751
Jan 20092,41814,36535.865.37$163,864
Dec 20083,16316,99137.105.98$218,905
Nov 20085,8886,34255.496.86$370,234
Oct 20089,39729,67675.246.92$912,447
Sep 20085261,103101.767.88$62,214

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 2021 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.36 =        $60
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                      $60

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. 09/G/246154 is the state's own key, not one this site invented.