RITCHIE FARMS N 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 297420District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.6 M
Jun 2015 – May 2026
Value, last 12 filed months
$264 k
at the published price for each month
Months reported
132
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-1112024-08-01234667

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
CondensateDisposition260,586 bbl$12,494,402
GasProduction764,704 Mcf$2,086,457
Total$14,580,859

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 28.4248, -99.3990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42482, -99.39897 · 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
8,218 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 8,218 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-1273695583H8,218 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 (132)

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

132 months

May 202625568106.413.05$27,342
Apr 20262752398.932.87$27,272
Mar 20262618089.753.15$23,677
Feb 202631514663.503.75$20,550
Jan 20261861859.138.00$11,142
Dec 20250056.664.41$0
Nov 20251756358.593.93$10,501
Oct 202549393159.383.30$32,351
Sep 20254211,06162.743.08$29,678
Aug 20253016563.933.01$19,439
Jul 202543480666.743.32$31,637
Jun 202541982766.483.13$30,443
May 202523131860.553.23$15,015
Apr 202538957362.363.54$26,288
Mar 20254781,26167.704.27$37,743
Feb 20254391,28470.884.34$36,690
Jan 202547057874.324.28$37,403
Dec 202453288068.993.12$39,449
Nov 20245111,13069.052.20$37,769
Oct 202448290171.372.28$36,456
Sep 20245241,10969.612.36$39,098
Aug 202447481675.632.06$37,533
Jul 202440859979.932.15$33,897
Jun 202433825478.082.63$27,060
May 202455895778.812.20$46,080
Apr 202454378584.451.66$47,159
Mar 202450875880.301.55$41,964
Feb 202444285376.091.78$35,153
Jan 202454693373.023.30$42,946
Dec 202354089471.262.61$40,814
Nov 202356652877.892.81$45,568
Oct 202360977985.443.09$54,438
Sep 202365558589.042.74$59,921
Aug 20233961,09980.522.67$34,823
Jul 202365587374.852.64$51,333
Jun 202358297368.962.26$42,332
May 20237081,70170.622.23$53,788
Apr 202365682178.122.24$53,084
Mar 20236561,02472.852.39$50,240
Feb 202359698875.112.47$47,202
Jan 20235721,14976.533.39$47,668
Dec 202243441676.415.73$35,545
Nov 202272590085.005.65$66,707
Oct 20227611,21487.185.86$73,463
Sep 20226861,12684.888.16$67,420
Aug 202256288394.529.13$61,180
Jul 20226851,127101.587.54$78,082
Jun 2022700857115.097.98$87,399
May 20225841,084109.378.43$73,014
Apr 2022739888104.226.84$83,090
Mar 2022719841108.885.08$82,554
Feb 202258475591.054.86$56,842
Jan 20227211,19581.844.54$64,429
Dec 20218451,06971.323.90$64,434
Nov 202172878377.435.24$60,469
Oct 202155041479.795.71$46,250
Sep 202153933169.865.35$39,426
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021571469.493.38$4,008
May 20214952,48263.483.02$38,912
Apr 20217341,30760.362.76$47,909
Mar 20215061,15061.302.72$34,142
Feb 202179197057.805.55$51,101
Jan 20218201,08650.412.81$44,388
Dec 20206981,49744.642.68$35,164
Nov 20207071,82538.772.71$32,350
Oct 202083388636.972.48$32,992
Sep 202093288537.091.99$36,330
Aug 202083595439.982.39$35,659
Jul 20201,0872,28338.371.83$45,875
Jun 20201,8284,71734.901.69$71,770
May 20200416.921.81$7
Apr 202058362814.751.80$9,732
Mar 20208431,37630.341.86$28,131
Feb 20201,1481,60149.881.98$60,433
Jan 20201,2291,67157.252.09$73,861
Dec 20191,1661,49959.012.30$72,260
Nov 20191,3051,85455.302.75$77,266
Oct 20191,4172,13753.472.42$80,935
Sep 20191,3822,08355.052.66$81,614
Aug 20191,3442,20053.112.30$76,449
Jul 20199771,66056.272.46$59,059
Jun 20199871,40252.782.49$55,587
May 20191,0381,41058.482.74$64,566
Apr 20191,0152,08162.632.75$69,294
Mar 201998474356.803.06$58,166
Feb 201989968550.852.79$47,627
Jan 201992380846.033.23$45,094
Dec 201897297546.594.19$49,366
Nov 20181,00257952.934.24$55,489
Oct 201898618461.443.40$61,205
Sep 201887934059.543.11$53,392
Aug 201898920659.403.07$59,378
Jul 201897520465.142.93$64,110
Jun 20181,07115660.183.08$64,933
May 2018490265.382.90$32,042
Apr 20185031,67763.842.90$36,976
Mar 20182,07410,82461.222.79$157,135
Feb 20181,87310,67061.782.77$145,228
Jan 20182,19512,48762.874.01$188,064
Dec 20172,32612,03657.272.92$168,373
Nov 20172,12511,10655.423.12$152,400
Oct 20172,27812,43949.292.98$149,397
Sep 20172,39212,20647.523.09$151,351
Aug 20172,37911,98845.373.00$143,952
Jul 20172,58712,34543.873.09$151,604
Jun 20172,51712,23042.493.09$144,705
May 20172,71213,74745.373.26$167,905
Apr 20172,85414,27847.933.21$182,647
Mar 20172,92514,44246.772.98$179,893
Feb 20172,81313,90550.452.95$182,972
Jan 20173,43817,87049.413.42$230,966
Dec 20163,63718,61148.763.72$246,626
Nov 20163,61617,77542.492.64$200,647
Oct 20164,08119,07746.193.09$247,454
Sep 20164,16619,22241.553.10$232,698
Aug 20164,70021,43041.442.92$257,437
Jul 20165,10422,26741.622.92$277,545
Jun 20165,29923,62945.352.69$303,773
May 20165,36826,58742.521.99$281,183
Apr 20165,58627,52936.561.99$259,036
Mar 20166,36431,44133.011.79$266,481
Feb 20166,84831,10626.472.06$245,458
Jan 20168,10936,14427.352.36$307,239
Dec 201510,07244,50932.362.00$415,011
Nov 201512,10137,82438.792.17$551,375
Oct 201514,99935,69643.552.43$739,826
Sep 201515,07626,57142.992.76$721,411
Aug 201517,04518,73140.162.87$738,332
Jul 201525,33821,09448.152.95$1,282,148
Jun 20159981,29356.152.88$59,765

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           255 bbl  × $106.41 =    $27,135
Gas                   68 Mcf  × $  3.05 =       $207

────────────────────────────────────────────────────
Month total                                  $27,342

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/297420 is the state's own key, not one this site invented.