RITCHIE FARMS W UNIT

Operated by VERDUN OIL EF II LLC (P-5 102886) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 297234District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Jan 2016 – May 2026
Value, last 12 filed months
$618 k
at the published price for each month
Months reported
125
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 40 acres. The field rule took effect on 2017-02-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: BASED ON 3000 TO 1 GAS OIL RATIO

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112024-07-02234421

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition232,928 bbl$10,796,917
GasProduction371,925 Mcf$1,306,975
Total$12,103,892

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.4337, -99.3809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.43365, -99.38089 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,210 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,210 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-28335503131H8,210 ftJan 2016

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (125)

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

125 months

May 20265841,130106.413.05$65,585
Apr 20264981,05698.932.87$52,298
Mar 20265371,48789.753.15$52,879
Feb 20264981,68163.503.75$37,927
Jan 20263812,41859.138.00$41,868
Dec 20253371,71156.664.41$26,646
Nov 20256143,01658.593.93$47,816
Oct 20258654,26559.383.30$65,459
Sep 20257673,54162.743.08$59,017
Aug 20257322,57663.933.01$54,563
Jul 20256913,13366.743.32$56,504
Jun 20257123,30366.483.13$57,668
May 20256142,85860.553.23$46,416
Apr 20254282,95662.363.54$37,164
Mar 20254082,98567.704.27$40,363
Feb 20254263,61470.884.34$45,883
Jan 20253533,36574.324.28$40,633
Dec 20245363,86768.993.12$49,049
Nov 20244643,96969.052.20$40,765
Oct 20244983,68271.372.28$43,942
Sep 20244643,65969.612.36$40,950
Aug 20245153,83675.632.06$46,866
Jul 20244833,88579.932.15$46,946
Jun 20244803,37178.082.63$46,358
May 20245253,11378.812.20$48,219
Apr 20244903,42284.451.66$47,058
Mar 20245043,47480.301.55$45,839
Feb 20244743,71776.091.78$42,696
Jan 20246413,99573.023.30$59,980
Dec 20235964,04671.262.61$53,034
Nov 20235273,82177.892.81$51,776
Oct 20236183,99185.443.09$65,123
Sep 20235423,70189.042.74$58,382
Aug 20235403,75480.522.67$53,515
Jul 20235953,86374.852.64$54,741
Jun 20236843,58268.962.26$55,259
May 20234192,94470.622.23$36,147
Apr 20234382,49578.122.24$39,800
Mar 20234473,92172.852.39$41,948
Feb 20234723,77275.112.47$44,752
Jan 20235534,35976.533.39$57,088
Dec 20225733,85676.415.73$65,874
Nov 20226164,05485.005.65$75,250
Oct 20226054,43087.185.86$78,720
Sep 20226094,56184.888.16$88,926
Aug 20225974,78794.529.13$100,120
Jul 20225344,693101.587.54$89,639
Jun 20224914,177115.097.98$89,830
May 20225295,255109.378.43$102,172
Apr 20225644,925104.226.84$92,455
Mar 20226224,587108.885.08$91,009
Feb 20224693,64191.054.86$60,393
Jan 20224624,21881.844.54$56,950
Dec 20213814,58071.323.90$45,031
Nov 20215834,37777.435.24$68,063
Oct 20215924,54179.795.71$73,182
Sep 20216125,13369.865.35$70,221
Aug 20216604,88866.024.22$64,203
Jul 20216735,46270.783.98$69,385
Jun 20216815,68569.493.38$66,542
May 20217635,75663.483.02$65,805
Apr 20217026,58160.362.76$60,526
Mar 20217836,04061.302.72$64,408
Feb 20215585,00357.805.55$60,009
Jan 20218662,19850.412.81$49,832
Dec 20207822,52344.642.68$41,659
Nov 20208032,59738.772.71$38,161
Oct 20209032,75636.972.48$40,214
Sep 20208282,88937.091.99$36,463
Aug 20208262,99439.982.39$40,164
Jul 20209393,73538.371.83$42,846
Jun 20209103,62934.901.69$37,893
May 202008116.921.81$147
Apr 20208193,23114.751.80$17,910
Mar 20208653,28730.341.86$32,346
Feb 20208733,22849.881.98$49,939
Jan 20209893,52857.252.09$64,010
Dec 20199694,08459.012.30$66,592
Nov 20191,0043,71455.302.75$65,737
Oct 20191,0433,35853.472.42$63,891
Sep 20191,0143,21555.052.66$64,364
Aug 20191,0472,78953.112.30$62,033
Jul 20191,0632,85056.272.46$66,826
Jun 20199412,36252.782.49$55,550
May 20199742,82158.482.74$64,690
Apr 20191,1173,20462.632.75$78,771
Mar 20191,2253,51256.803.06$80,334
Feb 20191,8815,26650.852.79$110,353
Jan 20192546.033.23$108
Dec 20181653146.594.19$2,968
Nov 20184450452.934.24$4,464
Oct 20181,15452961.443.40$72,699
Sep 20182,6852,43559.543.11$167,433
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018172063.842.90$10,980
Mar 20181,016061.222.79$62,200
Feb 20182,2464561.782.77$138,882
Jan 201892461762.874.01$60,566
Dec 20172,8361,38157.272.92$166,452
Nov 20172,7521,04655.423.12$155,778
Oct 20173,3981,16449.292.98$170,960
Sep 20172,6701,05547.523.09$130,135
Aug 20172,70898745.373.00$125,827
Jul 20172,83180943.873.09$126,694
Jun 20172,86872542.493.09$124,100
May 20173,10193945.373.26$143,757
Apr 20173,22052847.933.21$156,030
Mar 20172,75016246.772.98$129,101
Feb 20172,20325250.452.95$111,885
Jan 20174,3093,80349.413.42$225,909
Dec 20164,6324,43948.763.72$242,382
Nov 20164,70375842.492.64$201,835
Oct 20165,3592,49146.193.09$255,230
Sep 20165,8182,09341.553.10$248,228
Aug 20167,0831,39341.442.92$297,593
Jul 20169,2891,26041.622.92$390,293
Jun 201610,1122,95245.352.69$466,508
May 201613,4563,95242.521.99$580,018
Apr 201613,1603,33336.561.99$487,766
Mar 201620,5046,14033.011.79$687,852
Feb 201629,2466,05126.472.06$786,629
Jan 20167,3711,13127.352.36$204,271

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.

May 2026 — as filed, then multipliedworked
Condensate           584 bbl  × $106.41 =    $62,143
Gas                1,130 Mcf  × $  3.05 =     $3,442

────────────────────────────────────────────────────
Month total                                  $65,585

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. 01/G/297234 is the state's own key, not one this site invented.