RITCHIE FARMS U 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 297423District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Apr 2015 – May 2026
Value, last 12 filed months
$316 k
at the published price for each month
Months reported
134
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-1112024-08-01234671

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
CondensateDisposition183,990 bbl$9,472,124
GasProduction459,886 Mcf$1,336,102
Total$10,808,226

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 28.4797, -99.3698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47975, -99.36983 · 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
7,699 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 7,699 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-28335264120H7,699 ftApr 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 (134)

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

134 months

May 2026251644106.413.05$28,670
Apr 202624881298.932.87$26,865
Mar 202628148689.753.15$26,750
Feb 20263631,01463.503.75$26,853
Jan 202632974259.138.00$25,388
Dec 202540530756.664.41$24,302
Nov 202524579958.593.93$17,492
Oct 20253311,07759.383.30$23,214
Sep 20254371,21062.743.08$31,140
Aug 202542790163.933.01$30,014
Jul 202539449166.743.32$27,923
Jun 202539340566.483.13$27,394
May 20254063860.553.23$24,706
Apr 202537135562.363.54$24,393
Mar 202536919367.704.27$25,805
Feb 202526713770.884.34$19,520
Jan 202542823574.324.28$32,814
Dec 202436646568.993.12$26,702
Nov 20244833369.052.20$33,424
Oct 20242113271.372.28$15,132
Sep 20243965669.612.36$27,698
Aug 202464950675.632.06$50,128
Jul 20245041879.932.15$40,323
Jun 202452832778.082.63$42,088
May 202458298478.812.20$48,031
Apr 202447845484.451.66$41,120
Mar 20246711,05480.301.55$55,510
Feb 20245851,57976.091.78$47,329
Jan 20247371,42273.023.30$58,505
Dec 20239131,05271.262.61$67,807
Nov 202371291877.892.81$58,035
Oct 202361318485.443.09$52,943
Sep 20235681,04189.042.74$53,422
Aug 202380870980.522.67$66,955
Jul 202347778474.852.64$37,775
Jun 202343770168.962.26$31,719
May 202326768370.622.23$20,377
Apr 2023632378.122.24$1,192
Mar 202332298472.852.39$25,813
Feb 20234241,64075.112.47$35,890
Jan 20235402,02776.533.39$48,193
Dec 20225662,29776.415.73$56,408
Nov 20223771,16385.005.65$38,612
Oct 20224181,62587.185.86$45,970
Sep 20224161,19984.888.16$45,098
Aug 20224041,42094.529.13$51,147
Jul 20224071,249101.587.54$50,763
Jun 20224021,315115.097.98$56,756
May 20224501,549109.378.43$62,279
Apr 20223321,224104.226.84$42,970
Mar 20223981,534108.885.08$51,121
Feb 20223871,56291.054.86$42,826
Jan 20223831,91681.844.54$40,039
Dec 20214391,82971.323.90$38,441
Nov 20214191,57177.435.24$40,670
Oct 20214851,86779.795.71$49,366
Sep 20214861,56969.865.35$42,348
Aug 20214831,55366.024.22$38,442
Jul 20214692,91470.783.98$44,800
Jun 20215481,65569.493.38$43,675
May 20215731,79063.483.02$41,776
Apr 20215271,47060.362.76$35,865
Mar 20215531,93961.302.72$39,167
Feb 20213161,72657.805.55$27,841
Jan 20216451,44050.412.81$36,561
Dec 20205661,54244.642.68$29,392
Nov 20207512,17038.772.71$34,990
Oct 20206631,66836.972.48$28,645
Sep 20204831,31237.091.99$20,527
Aug 20206351,75739.982.39$29,578
Jul 20206211,74438.371.83$27,011
Jun 20206931,92434.901.69$27,438
May 20200316.921.81$5
Apr 20206531,86514.751.80$12,997
Mar 20208552,43230.341.86$30,455
Feb 20207252,44749.881.98$41,010
Jan 20205831,41857.252.09$36,347
Dec 20196571,77459.012.30$42,858
Nov 20196382,17155.302.75$41,253
Oct 20196741,69553.472.42$40,138
Sep 20196722,15455.052.66$42,717
Aug 20197222,33153.112.30$43,717
Jul 20197832,32256.272.46$49,772
Jun 20195252,27052.782.49$33,365
May 20197493,69558.482.74$53,927
Apr 20196162,56062.632.75$45,622
Mar 20197302,85956.803.06$50,219
Feb 20198212,38750.852.79$48,413
Jan 20197323,59046.033.23$45,283
Dec 20188682,80846.594.19$52,193
Nov 20188213,14652.934.24$56,786
Oct 20181,0752,34461.443.40$74,013
Sep 20189742,31959.543.11$65,199
Aug 20181,11999359.403.07$69,514
Jul 20181,1071,27765.142.93$75,854
Jun 20185312,71460.183.08$40,306
May 20181,1191,57465.382.90$77,726
Apr 20181,0131,39463.842.90$68,714
Mar 20181,2093,36561.222.79$83,393
Feb 20181,0572,42661.782.77$72,012
Jan 20181,1473,01662.874.01$84,204
Dec 20171,2232,86957.272.92$78,423
Nov 20171,1782,87455.423.12$74,247
Oct 20171,3782,97949.292.98$76,810
Sep 20171,3852,64947.523.09$73,993
Aug 20171,1602,45045.373.00$59,990
Jul 20171,4752,26343.873.09$71,695
Jun 20171,5161,61942.493.09$69,413
May 20171,4371,67945.373.26$70,676
Apr 20171,3701,87247.933.21$71,676
Mar 20171,2592,16746.772.98$65,349
Feb 20171,1952,01750.452.95$66,243
Jan 20171,1284,59449.413.42$71,440
Dec 20169843,48348.763.72$60,946
Nov 20162,1027,51342.492.64$109,181
Oct 20162,0257,99946.193.09$118,254
Sep 20162,1378,17841.553.10$114,149
Aug 20162,3619,17141.442.92$124,659
Jul 20163,0458,65141.622.92$152,031
Jun 20162,62410,77545.352.69$147,938
May 20163,06912,12542.521.99$154,635
Apr 20163,15710,70636.561.99$136,736
Mar 20163,46511,65233.011.79$135,283
Feb 20163,44411,02026.472.06$113,904
Jan 20163,94814,08727.352.36$141,285
Dec 20153,98513,53432.362.00$156,042
Nov 20154,58815,33038.792.17$211,194
Oct 20156,21823,64243.552.43$328,163
Sep 20157,22527,63842.992.76$386,840
Aug 20159,12031,44940.162.87$456,596
Jul 20159,78320,71248.152.95$532,050
Jun 201512,64915,42356.152.88$754,704
May 201520,92718,26755.212.96$1,209,367
Apr 20154,7383,83549.822.71$246,427

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           251 bbl  × $106.41 =    $26,709
Gas                  644 Mcf  × $  3.05 =     $1,962

────────────────────────────────────────────────────
Month total                                  $28,670

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/297423 is the state's own key, not one this site invented.