Information about Oil and Gas Producing Activities (Tables)

12 Months Ended

Dec. 31, 2025

Information About Oil And Gas Producing Activities

Schedule of capitalized costs relating to oil and gas producing activities


	December 31,
	2025			2024
	(in thousands)
Proved properties	$	32,170		$	32,203
Accumulated depletion and amortization		(30,343	)		(29,321	)
Oil and gas properties, net	$	1,827		$	2,882

Schedule of costs incurred in oil and gas property acquisition, exploration, and development


	Year ended December 31,
	2025			2024
	(in thousands)
Development costs	$	(13	)	$	581
	$	(13	)	$	581

Schedule of reserve quantity information


	December 31, 2025									December 31, 2024
		United States
		Oil (MBBL)		NGL (MBBL)		Gas (MMCF)		Total (MBOE) (a)			Oil (MBBL)		NGL (MBBL)		Gas (MMCF)		Total (MBOE) (a)

Proved developed and undeveloped reserves:
Beginning of year		129.4		12.8		76.7		154.9			150.9		17.7		87.5		183.2
Revisions of previous estimates (b)		22.0		5.1		13.3		29.4			23.7		0.4		21.9		27.7
Production		(31.8	)	(4.3	)	(21.6	)	(39.7	)		(45.2	)	(5.3	)	(32.7	)	(56.0	)
End of year		119.6		13.6		68.4		144.6			129.4		12.8		76.7		154.9

Proved developed reserves:
Beginning of year		59.4		7.1		42.5		73.5			101.5		12.7		62.9		124.7
End of year		49.0		7.1		35.8		62.1			59.4		7.1		42.5		73.5

Proved undeveloped reserves:
Beginning of year		70.0		5.7		34.2		81.4			49.4		5.0		24.6		58.5
End of year		70.6		6.5		32.6		82.5			70.0		5.7		34.2		81.4

(a)

BOE refers to barrel of oil equivalent. Barrel of oil equivalent is based on six MCF of natural gas to one barrel of oil or one barrel of NGL, which reflects an energy content equivalency and not a price or revenue equivalency.

(b)

Revisions of previous estimates were attributable to well performance.

Schedule of standardized measure of discounted future net cash flows relating to proved oil and gas reserves


	December 31,
	2025			2024
	(in thousands)
Future cash inflows	$	7,895		$	9,724
Future production costs		(1,592	)		(1,616	)
Future development costs		(4,947	)		(4,965	)
Future net cash flows		1,356			3,143
10% annual discount for estimated timing of cash flows		413			197
Standardized measure of discounted future net cash flows	$	1,769		$	3,340

Schedule of changes in the standardized measure for discounted cash flows


	Year ended December 31,
	2025			2024
	(in thousands)
Net change in sales and transfer prices and in production costs related to future production	$	(1,399	)	$	884
Sales and transfers of oil and gas produced during the period		(1,743	)		(3,072	)
Changes in estimated future development costs		18			(1,440	)
Net change due to revisions in quantities estimates		1,587			1,509
Accretion of discount		334			512
Other		(368	)		(175	)
Aggregate change in the standardized measure of discounted future net cash flows for the year	$	(1,571	)	$	(1,782	)

- Definition

Tabular disclosure of the net quantities of an enterprise's interests in proved developed and undeveloped reserves of (a) crude oil (including condensate and natural gas liquids), (b) natural gas (including coal bed methane), (c) synthetic oil, (d) synthetic gas, and (e) other nonrenewable natural resources that are intended to be upgraded during the period as of the beginning of the period, changes in quantities during the period, and as of the end of the period.

+ References + Details

Ridgewood Energy W Fund LLC 10-K