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Texas gas well

Producing

RIDLEY FARMS 01

Ridley Farms 01 is a gas well in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Sugarkane (Eagle Ford) field.

1 well

180,144mcf gas, last 12 months−42% vs prior year
RRC lease
02-294309

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
4,603 bbl
Gas in Jul 2026
346 mcf

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 4% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 42% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 42% over the last 12 monthsMonthly gas production and oil for RIDLEY FARMS 01, Aug 2023 to Jul 2026. Gas output fell 42% over the last 12 months. 180,144 mcf in the 12 months through Jul 2026, against 310,595 mcf in the 12 months before.Last 12 months: 180,144 mcfmcf per monthbbl per month0010k2,00020k4,00030k6,00040k8,00050k10kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 42% over the last 12 monthsMonthly gas production and oil for RIDLEY FARMS 01, Aug 2023 to Jul 2026. Gas output fell 42% over the last 12 months. 180,144 mcf in the 12 months through Jul 2026, against 310,595 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k2,00020k4,00030k6,00040k8,00050k10kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
95% of the gas went to a processing plant in the last 12 monthsShare of RIDLEY FARMS 01 gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of RIDLEY FARMS 01 gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 171,719 mcf

  • Lease fuel (1)

    4.7% · 8,425 mcf

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeEnsign Operating LLC, Jan 2023 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262023202420252026Changed Mar 2023Ensign Operating LLCJan 2023 to Feb 2023Marathon Oil Ef LLCMar 2023 to now
Operators of this lease over timeEnsign Operating LLC, Jan 2023 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262023202420252026Changed Mar 2023Ensign Operating LLCJan 2023 to Feb 2023Marathon Oil Ef LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RIDLEY FARMS 01
API numberWell no.Status
42-255-3748610HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCCondensateGathers50Mar 1, 2023
Enterprise Crude Pipeline LLCCondensateGathers50Mar 1, 2023
Marathon Oil Ef LLCGas-well gasBuys100Mar 1, 2023
Marathon Oil Ef LLCGas-well gasGathers100Mar 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

723.78 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Ridley Farms 01
API numberWell no.Acreson the permit
42-255-3748610H723.78

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Marathon Oil Ef LLC is linked to ConocoPhillips (MRO).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for RIDLEY FARMS 01
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Marathon Oil113463240$80.46$2.89
Jun 2026Marathon Oil888047330$84.81$3.15
May 2026Marathon Oil15151,3661,2580$102.13$2.94
Apr 2026Marathon Oil53353319,86618,8030$100.32$2.77
Mar 2026Marathon Oil35535520,47219,4350$91.38$3.04
Feb 2026Marathon Oil51651618,25717,4050$64.51$3.62
Jan 2026Marathon Oil68968910,78510,1920$60.04$7.72
Dec 2025Marathon Oil61561522,43121,3430$57.97$4.26
Nov 2025Marathon Oil39639620,29719,4080$60.06$3.79
Oct 2025Marathon Oil45745721,19120,2860$60.89$3.19
Sep 2025Marathon Oil48548521,61120,7300$63.96$2.97
Aug 2025Marathon Oil53353322,71821,8020$64.86$2.91
Jul 2025Marathon Oil55855824,46223,5850$68.39$3.20
Jun 2025Marathon Oil71071011,33811,0350$68.17$3.02
May 2025Marathon Oil79379325,73324,9870$62.17$3.12
Apr 2025Marathon Oil1,2261,22625,34124,5930$63.54$3.42
Mar 2025Marathon Oil1,4871,48726,65125,9430$68.24$4.12
Feb 2025Marathon Oil1,5031,50323,88423,3670$71.53$4.19
Jan 2025Marathon Oil1,4721,47223,46522,9340$75.74$4.13
Dec 2024Marathon Oil1,7371,73724,67224,1090$70.12$3.01
Nov 2024Marathon Oil1,5691,56925,82425,3050$69.95$2.12
Oct 2024Marathon Oil1,2031,20329,59129,0580$71.99$2.20
Sep 2024Marathon Oil1,7471,74732,64732,1270$70.24$2.28
Aug 2024Marathon Oil2,0732,07336,98736,5190$76.68$1.99
Jul 2024Marathon Oil2,9552,95541,44340,8480$81.80$2.07
Jun 2024Marathon Oil1,7081,70818,06517,5440$79.77$2.54
May 2024Marathon Oil6396395,8395,5440$80.02$2.12
Apr 2024Marathon Oil3,1153,11529,78329,1170$85.35$1.60
Mar 2024Marathon Oil2,7152,71526,26725,6730$81.28$1.49
Feb 2024Marathon Oil2,8072,80724,42123,8660$77.25$1.72
Jan 2024Marathon Oil3,3983,39830,10429,5350$74.15$3.18
Dec 2023Marathon Oil4,0054,00534,76234,1290$71.90$2.52
Nov 2023Marathon Oil4,1784,17836,82436,2120$77.69$2.71
Oct 2023Marathon Oil4,8164,81641,05040,4170$85.64$2.98
Sep 2023Marathon Oil5,1005,10043,69243,0460$89.43$2.64
Aug 2023Marathon Oil6,0006,00049,74149,1550$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Sugarkane (Eagle Ford) field

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