RIDLEY FARMS 01
RIDLEY FARMS 01 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Ensign Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 2,311,820 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.4M, with roughly $1.3M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 12,229 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 187,352 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RIDLEY FARMS 01
- Who operates RIDLEY FARMS 01?
- RIDLEY FARMS 01 is operated by Ensign Operating LLC, Railroad Commission of Texas operator number 253102.
- Where is RIDLEY FARMS 01?
- RIDLEY FARMS 01 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 289846.
- Is RIDLEY FARMS 01 still producing?
- RIDLEY FARMS 01 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIDLEY FARMS 01 is August 2026.
- How much has RIDLEY FARMS 01 produced?
- RIDLEY FARMS 01 has reported 2,311,820 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is RIDLEY FARMS 01 worth?
- The remaining production from RIDLEY FARMS 01 is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.6M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIDLEY FARMS 01 is a fraction of it. The estimate fits an Arps decline curve to the production RIDLEY FARMS 01 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIDLEY FARMS 01 is an estimate of value, not an offer and not an appraisal.
- How much income does RIDLEY FARMS 01 generate in a year?
- RIDLEY FARMS 01 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIDLEY FARMS 01 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ensign Operating LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 289846 |
| Wellbores | 1 |
| Reported production | 2,311,820 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where RIDLEY FARMS 01 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.