Overview
- IndustryOil & Gas Field Exploration Services1
- HeadquartersHouston, Texas1
- Incorporated inDE2
- Business address1254 Enclave Parkway, Houston, Tx 770772
- Filer categoryNon-accelerated filer, Smaller reporting company2
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No information on such website shall be deemed to be included or incorporated by reference into this Annual Report.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs94¢$1.3M
- Interest6¢$82.0K
Out of $1.4M in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$415.0K
Out of $415.0K of cash from operations.4
Financial statements
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash | $706.0K5 | $641.0K6 | $806.0K7 | $1.0M4 | $1.4M4 |
| Receivables | $333.0K5 | $369.0K6 | $209.0K7 | $135.0K4 | $75.0K4 |
| Current assets | $1.2M5 | $1.2M6 | $1.3M7 | $1.5M4 | $1.5M4 |
| Total assets | $7.7M5 | $6.2M6 | $4.7M7 | $4.4M4 | $3.6M4 |
| Accounts payable | $48.0K5 | $24.0K6 | $43.0K7 | $17.0K4 | $100.0K4 |
| Current liabilities | $249.0K5 | $266.0K6 | $340.0K7 | $333.0K4 | $169.0K4 |
| Total liabilities | $839.0K5 | $1.0M6 | $954.0K7 | $1.3M4 | $1.1M4 |
| Shareholders’ equity | $6.9M6 | $5.2M7 | $3.7M4 | $3.1M4 | $2.5M4 |
| Shares outstanding | 972 shares10 | 972 shares5 | 972 shares6 | 972 shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What RIDGEWOOD ENERGY T FUND LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
Investments
Properties, in its own words
The information regarding the Fund’s Beta Project that is contained in Item 1. “Business” of this Annual Report under the headings “Project Information” and “Properties,” is incorporated herein by reference.
Drilling Activity
The rest of Item 2
During the years ended December 31, 2025 and 2024, the Fund had no drilling activity for exploratory and developmental wells.
Unaudited Oil and Gas Reserve Quantities
The preparation of the Fund’s oil and gas reserve estimates are completed in accordance with the Fund’s internal control procedures over reserve estimation. Such control procedures include: 1) verification of input data that is provided to an independent petroleum engineering firm; 2) engagement of well-qualified and independent reservoir engineers for preparation of reserve reports annually in accordance with SEC reserve estimation guidelines; and 3) a review of the reserve estimates by a third-party independent petroleum engineering firm.
The Manager’s primary technical person in charge of overseeing the Fund’s reserve estimates has a B.S. degree in Petroleum Engineering, a Master of Business Administration, and is a member of the Society of Petroleum Engineers, the Association of American Drilling Engineers and the American Petroleum Institute. With over thirty-five years of industry experience, he is currently responsible for reserve reporting, engineering and economic evaluation of exploration and development opportunities, and the oversight of drilling and production operations.
The Fund’s reserve estimates as of December 31, 2025 and 2024 were prepared by Netherland, Sewell & Associates, Inc. (“NSAI”), an independent petroleum engineering firm. The information regarding the qualifications of the petroleum engineer is included within the report from NSAI, which is filed as Exhibit 99.1 to this Annual Report, and is incorporated herein by reference.
Proved Reserves. Proved oil and gas reserves are estimated quantities of oil and natural gas, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions. Proved developed oil and gas reserves are proved reserves expected to be recovered through existing wells with existing equipment and operating methods. Proved undeveloped oil and gas reserves are proved reserves expected to be recovered through new wells on undrilled acreage, or through existing wells where a relatively major expenditure is required for recompletion. The information regarding the Fund’s proved reserves, which is contained in Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Annual Report under the heading “Critical Accounting Estimates – Proved Reserves,” is incorporated herein by reference. The information regarding the Fund’s unaudited net quantities of proved developed and undeveloped reserves, which is contained in Table III in the “Supplementary Financial Information – Information about Oil and Gas Producing Activities – Unaudited” included in Item 8. “Financial Statements and Supplementary Data” of this Annual Report, is incorporated herein by reference.
Proved Undeveloped Reserves. As of December 31, 2025, the Fund had proved undeveloped reserves related to the Beta Project totaling 38 thousand barrels of oil, 4 thousand barrels of natural gas liquid (“NGL”) and 18 thousand mcf of natural gas. As of December 31, 2024, the Fund had proved undeveloped reserves related to the Beta Project totaling 38 thousand barrels of oil, 3 thousand barrels of NGL and 18 thousand mcf of natural gas. The Beta Project was determined to be a discovery in 2012 and commenced production in 2016. The amount of total proved undeveloped reserves at December 31, 2025 remained relatively consistent with the amount of total proved undeveloped reserves at December 31, 2024.
The proved undeveloped reserves relating to the Beta Project, which were initially assigned at the end of the year 2021 and 2022, are associated with planned well recompletions. The Fund did not incur costs during the year ended December 31, 2025 to advance the development of its proved undeveloped reserves related to the Beta Project. The Fund expects additional recompletion operations to be completed in 2026 related to the Beta Project.
Information regarding estimated future development costs relating to the Beta Project, which is contained in Item 1. “Business” of this Annual Report under the heading “Properties,” is incorporated herein by reference. Estimated future development costs include capital spending on planned well recompletions.
Production and Prices
The information regarding the Fund’s production of oil and natural gas, and certain price and cost information during the years ended December 31, 2025 and 2024 that is contained in Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of this Annual Report under the headings “Results of Operations – Overview” and “Results of Operations – Operating Expenses” is incorporated herein by reference. The Form 10-K for the fiscal year ended December 31, 2024 provides information regarding the Fund’s production of oil and natural gas, and certain price and cost information during the years ended December 31, 2024 and 2023 contained in Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” under the headings “Results of Operations – Overview” and “Results of Operations – Operating Expenses” that is incorporated herein by reference.
Delivery Commitments
As of December 31, 2025, the Fund had no delivery obligations or delivery commitments under any existing contracts.
Item 2 of the 10-K filed Feb 26, 2026.3
Leadership
Who has led RIDGEWOOD ENERGY T FUND LLC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerRobert E. Swanson Jul 2, 2007 to Jul 2, 200711
- PresidentKenneth W. Lang Jul 8, 2009 to Jul 8, 200912
- PresidentRobert E. Swanson Jul 2, 2007 to Jul 2, 200711
- Chief financial officerKathleen P. McSherry Jul 2, 2007 to Jul 2, 200713
- Chief operating officerKenneth W. Lang Jul 8, 2009 to Jul 8, 200912
Board members and other officers (6)
- Vice PresidentMatthew Swanson Feb 8, 2008 to Feb 8, 200814
- Executive Vice PresidentAdrian W. Doherty Jr. Feb 12, 2008 to Feb 12, 200815
- Vice PresidentMirna Valdes Feb 14, 2008 to Feb 14, 200816
- Executive Vice PresidentRobert L. Gold Jul 2, 2007 to Jul 2, 200717
- Executive Vice PresidentWlliam Greg Tabor Jul 2, 2007 to Jul 2, 200718
- General counselDaniel Gulino V. Jul 2, 2007 to Jul 2, 200719
Timeline
- Jul 2, 2007New chief executive Robert E. Swanson becomes CEO11
Filings
20 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports. The latest 20:
- Aug 6, 202610-Q EDGAR
- May 5, 202610-Q EDGAR
- Feb 26, 202610-K EDGAR
- Nov 4, 202510-Q EDGAR
- Aug 7, 202510-Q EDGAR
- May 5, 202510-Q EDGAR
- Feb 26, 202510-K EDGAR
- Nov 4, 202410-Q EDGAR
- Aug 5, 202410-Q EDGAR
- May 3, 202410-Q EDGAR
- Feb 26, 202410-K EDGAR
- Nov 6, 202310-Q EDGAR
- Aug 4, 202310-Q EDGAR
- May 8, 202310-Q EDGAR
- Feb 27, 202310-K EDGAR
- Nov 7, 202210-Q EDGAR
- Aug 8, 202210-Q EDGAR
- May 10, 202210-Q EDGAR
- Feb 28, 202210-K EDGAR
- Nov 8, 202110-Q EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How RIDGEWOOD ENERGY T FUND LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRIDGEWOOD ENERGY T FUND LLC1
- CIK0001364397
- Employer ID (EIN)27-01414213
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)1382 Oil & Gas Field Exploration Services1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address1254 Enclave Parkway, Houston, TX 770771
- Phone201-447-90001
- Shares outstanding972 as of Aug 6, 20269
- Public float$0 as of Dec 31, 20254
- AuditorDeloitte & Touche LLP, Morristown, New Jersey PCAOB ID 34; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMay 16, 20061
- Filings102 in all: 10-Q (59), 10-K (19), 3 (10), 8-K (9), 10-12G (1), 10-K/A (1), CORRESP (1), REGDEX (1)1
All 9 form types
UPLOAD (1)
- Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 6, 2026
Latest 8-K (8-K) Jun 7, 2018
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARKenneth W. Lang, President
- 13
- 14SEC EDGARMatthew Swanson, Vice President
- 15
- 16SEC EDGARMirna Valdes, Vice President
- 17
- 18
- 19SEC EDGARDaniel Gulino V., General counsel