RITCHIE FARMS P 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 297403District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Jul 2015 – May 2026
Value, last 12 filed months
$183 k
at the published price for each month
Months reported
131
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-1112024-07-30234666

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
CondensateDisposition161,700 bbl$7,879,326
GasProduction498,418 Mcf$1,426,564
Total$9,305,890

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 28.4286, -99.3944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42855, -99.39444 · 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
8,177 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 8,177 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-1273678491H8,177 ftJun 2015

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 (131)

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

131 months

May 2026111156106.413.05$12,287
Apr 202611723198.932.87$12,238
Mar 20261321,27189.753.15$15,850
Feb 202614317363.503.75$9,729
Jan 202621372859.138.00$18,417
Dec 20251565056.664.41$9,060
Nov 202524917058.593.93$15,256
Oct 20252302859.383.30$13,750
Sep 20252592862.743.08$16,336
Aug 20253195163.933.01$20,547
Jul 202526633266.743.32$18,853
Jun 202528539966.483.13$20,195
May 202527335560.553.23$17,678
Apr 20251574362.363.54$9,943
Mar 202530444667.704.27$22,484
Feb 20252588970.884.34$18,673
Jan 20253156174.324.28$23,672
Dec 20243191,36968.993.12$26,281
Nov 202426661769.052.20$19,724
Oct 202435616571.372.28$25,784
Sep 202436418269.612.36$25,768
Aug 202439514075.632.06$30,163
Jul 202436115479.932.15$29,185
Jun 202436014078.082.63$28,478
May 20244259378.812.20$33,699
Apr 20243494284.451.66$29,543
Mar 20242809580.301.55$22,631
Feb 20243047276.091.78$23,260
Jan 20243748573.023.30$27,590
Dec 202341510171.262.61$29,837
Nov 20233411177.892.81$26,591
Oct 202335933185.443.09$31,695
Sep 2023844889.042.74$7,611
Aug 20231609680.522.67$13,140
Jul 202314943574.852.64$12,302
Jun 20232941368.962.26$20,304
May 202335734970.622.23$25,989
Apr 202315617478.122.24$12,576
Mar 20234211,07372.852.39$33,238
Feb 202339385375.112.47$31,621
Jan 20234691,20976.533.39$39,988
Dec 20224281,20976.415.73$39,630
Nov 20223741,05585.005.65$37,747
Oct 20224671,33887.185.86$48,559
Sep 20224051,14884.888.16$43,748
Aug 20224131,31094.529.13$50,993
Jul 20224821,388101.587.54$59,430
Jun 20224381,303115.097.98$60,804
May 20224291,533109.378.43$59,848
Apr 20225031,446104.226.84$62,310
Mar 20225191,340108.885.08$63,311
Feb 20225451,39091.054.86$56,376
Jan 20225751,58481.844.54$54,246
Dec 20215411,26371.323.90$43,509
Nov 20214551,24277.435.24$41,735
Oct 20216011,72679.795.71$57,816
Sep 20214691,51069.865.35$40,844
Aug 20214581,31566.024.22$35,787
Jul 20214821,45570.783.98$39,910
Jun 20214841,72569.493.38$39,465
May 20214701,67163.483.02$34,878
Apr 20214931,65560.362.76$34,323
Mar 20216941,71961.302.72$47,213
Feb 20215571,76157.805.55$41,965
Jan 20214921,51550.412.81$29,059
Dec 20205621,57644.642.68$29,304
Nov 20205491,47038.772.71$25,263
Oct 20205731,19336.972.48$24,141
Sep 20205991,54937.091.99$25,301
Aug 20205491,93239.982.39$26,557
Jul 20206781,41638.371.83$28,599
Jun 20205451,10534.901.69$20,888
May 202001816.921.81$33
Apr 20205081,77614.751.80$10,698
Mar 20205401,61430.341.86$19,380
Feb 20205711,46449.881.98$31,381
Jan 20205961,94457.252.09$38,193
Dec 20195881,65359.012.30$38,507
Nov 20195791,37955.302.75$35,812
Oct 20198991,81253.472.42$52,452
Sep 20196831,70555.052.66$42,130
Aug 20197202,13753.112.30$43,164
Jul 20197102,19256.272.46$45,344
Jun 20196611,97752.782.49$39,813
May 20197312,42358.482.74$49,389
Apr 20197312,25262.632.75$51,977
Mar 20196022,37456.803.06$41,463
Feb 20196582,16650.852.79$39,507
Jan 20197332,37446.033.23$41,404
Dec 20187292,47946.594.19$44,340
Nov 20186611,17652.934.24$39,970
Oct 201874550061.443.40$47,472
Sep 201857450059.543.11$35,730
Aug 201823311659.403.07$14,196
Jul 201838276165.142.93$27,115
Jun 20187892,91560.183.08$56,451
May 20188751,11765.382.90$60,448
Apr 20188392,46363.842.90$60,706
Mar 20189424,47861.222.79$70,149
Feb 20188154,26661.782.77$62,151
Jan 20181,1085,14562.874.01$90,288
Dec 20179474,95857.272.92$68,720
Nov 20171,0365,16855.423.12$73,531
Oct 20171,1225,36149.292.98$71,299
Sep 20171,1194,16747.523.09$66,040
Aug 20171,1115,25545.373.00$66,194
Jul 20171,2365,89843.873.09$72,432
Jun 20171,1965,77142.493.09$68,635
May 20171,3086,17545.373.26$79,495
Apr 20171,4227,20947.933.21$91,309
Mar 20171,4736,84146.772.98$89,304
Feb 20171,49313,12250.452.95$114,066
Jan 20171,7978,82549.413.42$118,961
Dec 20161,88210,19648.763.72$129,724
Nov 20161,7379,96642.492.64$100,159
Oct 20162,08711,87546.193.09$133,095
Sep 20162,15910,61941.553.10$122,632
Aug 20161,6736,07241.442.92$87,086
Jul 20162,1689,36241.622.92$117,610
Jun 20161,9566,88945.352.69$107,207
May 20162,38611,66542.521.99$124,678
Apr 20162,77014,08936.561.99$129,323
Mar 20163,28915,70333.011.79$136,741
Feb 20163,47912,61026.472.06$118,112
Jan 20163,94616,71527.352.36$147,443
Dec 20154,99627,73232.362.00$217,174
Nov 20156,07225,09738.792.17$289,926
Oct 20158,52027,09443.552.43$436,792
Sep 201510,87630,32442.992.76$551,206
Aug 201516,27133,91640.162.87$750,867
Jul 201523,60425,26848.152.95$1,210,949

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           111 bbl  × $106.41 =    $11,812
Gas                  156 Mcf  × $  3.05 =       $475

────────────────────────────────────────────────────
Month total                                  $12,287

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/297403 is the state's own key, not one this site invented.