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 297405District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Jul 2015 – May 2026
Value, last 12 filed months
$242 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-1112024-07-30234665

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
CondensateDisposition152,230 bbl$7,471,417
GasProduction534,847 Mcf$1,545,543
Total$9,016,960

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 28.4293, -99.3934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42930, -99.39342 · 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
8,216 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 8,216 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-1273678593H8,216 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 2026273211106.413.05$29,693
Apr 202624519698.932.87$24,800
Mar 202627735489.753.15$25,976
Feb 202626410763.503.75$17,165
Jan 20262559459.138.00$15,830
Dec 20252582656.664.41$14,733
Nov 202525775158.593.93$18,006
Oct 202526175459.383.30$17,990
Sep 202528747662.743.08$19,471
Aug 202528720963.933.01$18,978
Jul 202524520966.743.32$17,044
Jun 202531434366.483.13$21,948
May 20254043,73960.553.23$36,548
Apr 202524116662.363.54$15,617
Mar 202527465667.704.27$21,350
Feb 202526672270.884.34$21,988
Jan 202531624174.324.28$24,516
Dec 202430321468.993.12$21,572
Nov 202430816369.052.20$21,626
Oct 202432811771.372.28$23,676
Sep 202437817069.612.36$26,715
Aug 202435114675.632.06$26,847
Jul 202434418979.932.15$27,902
Jun 202435214578.082.63$27,866
May 202441211178.812.20$32,714
Apr 202431815784.451.66$27,116
Mar 20243232980.301.55$25,982
Feb 20243849176.091.78$29,381
Jan 202436720973.023.30$27,488
Dec 20233109471.262.61$22,336
Nov 202338716177.892.81$30,595
Oct 202332248085.443.09$28,994
Sep 202315855589.042.74$15,586
Aug 202332952580.522.67$27,894
Jul 202340239574.852.64$31,133
Jun 202351141068.962.26$36,165
May 202317814870.622.23$12,900
Apr 20232476778.122.24$19,446
Mar 202352091272.852.39$40,065
Feb 20235161,11775.112.47$41,511
Jan 20235201,21676.533.39$43,915
Dec 20223441,31376.415.73$33,807
Nov 20223321,28185.005.65$35,453
Oct 20224531,78087.185.86$49,930
Sep 20223611,64884.888.16$44,095
Aug 20223861,88994.529.13$53,726
Jul 20224391,842101.587.54$58,486
Jun 20224562,230115.097.98$70,270
May 20224191,457109.378.43$58,113
Apr 20224191,566104.226.84$54,376
Mar 20224731,585108.885.08$59,546
Feb 20224231,49591.054.86$45,778
Jan 20224001,54381.844.54$39,738
Dec 20214611,62371.323.90$39,207
Nov 20214382,04977.435.24$44,645
Oct 20214442,00579.795.71$46,883
Sep 20214291,89469.865.35$40,105
Aug 20214131,67566.024.22$34,336
Jul 20214421,82170.783.98$38,536
Jun 20214521,98069.493.38$38,103
May 20215251,95763.483.02$39,233
Apr 20214001,92060.362.76$29,440
Mar 20215672,22761.302.72$40,808
Feb 20214822,06257.805.55$39,299
Jan 20216432,39750.412.81$39,150
Dec 20205742,23744.642.68$31,608
Nov 20204771,63038.772.71$22,905
Oct 20205241,75636.972.48$23,724
Sep 20205502,02237.091.99$24,425
Aug 20205942,03439.982.39$28,599
Jul 20205421,48138.371.83$23,500
Jun 20201,1351,22434.901.69$41,680
May 202002816.921.81$51
Apr 20204761,94714.751.80$10,534
Mar 20205421,97430.341.86$20,108
Feb 20205511,76049.881.98$30,970
Jan 20205571,64357.252.09$35,330
Dec 20195511,49059.012.30$35,948
Nov 20196141,31555.302.75$37,571
Oct 20198111,42353.472.42$46,806
Sep 20196971,66555.052.66$42,794
Aug 20196952,04753.112.30$41,628
Jul 20196552,09956.272.46$42,021
Jun 20196081,85952.782.49$36,721
May 20196752,16458.482.74$45,404
Apr 20196571,91062.632.75$46,402
Mar 20196412,13656.803.06$42,949
Feb 20195442,39250.852.79$34,341
Jan 20196152,12846.033.23$35,178
Dec 20186442,28146.594.19$39,551
Nov 201861876052.934.24$35,931
Oct 201870850061.443.40$45,199
Sep 201863246859.543.11$39,084
Aug 201845914059.403.07$27,694
Jul 20186791,25265.142.93$47,901
Jun 20186983,48160.183.08$52,716
May 20189151,31965.382.90$63,649
Apr 20188503,29363.842.90$63,816
Mar 20181,0166,10961.222.79$79,224
Feb 20189095,88761.782.77$72,442
Jan 20181,0686,81162.874.01$94,453
Dec 20171,0566,85557.272.92$80,504
Nov 20171,0956,67955.423.12$81,512
Oct 20171,1707,52849.292.98$80,130
Sep 20171,1877,08047.523.09$78,264
Aug 20171,1867,05945.373.00$75,017
Jul 20171,2567,26843.873.09$77,539
Jun 20171,2617,16242.493.09$75,691
May 20171,3577,80345.373.26$87,031
Apr 20171,4438,15147.933.21$95,341
Mar 20171,5297,94946.772.98$95,229
Feb 20171,4157,01950.452.95$92,111
Jan 20171,6518,67249.413.42$111,224
Dec 20161,9719,80048.763.72$132,590
Nov 20161,77510,31742.492.64$102,702
Oct 20161,92511,05146.193.09$123,066
Sep 20162,13411,21741.553.10$123,447
Aug 20162,42213,26141.442.92$139,147
Jul 20162,47513,83041.622.92$143,453
Jun 20162,67414,59445.352.69$160,463
May 20162,90316,06742.521.99$155,426
Apr 20163,01516,37536.561.99$142,832
Mar 20163,47017,00433.011.79$145,050
Feb 20163,49113,40326.472.06$120,066
Jan 20163,05011,52827.352.36$110,674
Dec 20155,27629,01732.362.00$228,806
Nov 20156,22426,83938.792.17$299,598
Oct 20158,39129,05943.552.43$435,942
Sep 20159,10925,23942.992.76$461,216
Aug 201512,50523,59740.162.87$569,983
Jul 201516,44018,44548.152.95$845,908

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           273 bbl  × $106.41 =    $29,050
Gas                  211 Mcf  × $  3.05 =       $643

────────────────────────────────────────────────────
Month total                                  $29,693

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/297405 is the state's own key, not one this site invented.