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RITCHIE FARMS R 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 297523District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.0 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
condensate, gas

The EAGLEVILLE (EAGLE FORD-1) field

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-1112024-08-16234655

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
CondensateDisposition257,781 bbl$17,356,286
GasProduction518,398 Mcf$1,649,316
Total$19,005,603

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 28.4309, -99.3902. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.43087, -99.39022 · 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
8,171 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 8,171 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-1273778097H8,171 ftJul 2018——

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 (95)

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

95 months

May 20261,3113,710106.413.05$150,804
Apr 20261,0983,09598.932.87$117,507
Mar 20261,1283,96289.753.15$113,716
Feb 20268062,45663.503.75$60,392
Jan 20261,4214,09359.138.00$116,759
Dec 20251,7864,33556.664.41$120,327
Nov 20251,7273,79858.593.93$116,098
Oct 20251,8601,95459.383.30$116,904
Sep 20251,7672,17262.743.08$117,545
Aug 20251,7546,62563.933.01$132,106
Jul 20251,9009,51866.743.32$158,360
Jun 20252,03110,35466.483.13$167,416
May 20252,3786,80660.553.23$165,987
Apr 20252,1798,84562.363.54$167,221
Mar 20252,2468,57467.704.27$188,651
Feb 20252,3058,17370.884.34$198,856
Jan 20252,73811,21674.324.28$251,478
Dec 20243,32711,80268.993.12$266,368
Nov 20242,9348,14369.052.20$220,495
Oct 20242,0385,26771.372.28$157,468
Sep 20242,4637,02169.612.36$188,050
Aug 20242,7987,31875.632.06$226,714
Jul 20243,27510,88879.932.15$285,143
Jun 20243,2387,30978.082.63$272,075
May 20243,3447,27978.812.20$279,543
Apr 20243,6228,81784.451.66$320,507
Mar 20243,48710,04880.301.55$295,532
Feb 20243,49710,80276.091.78$285,354
Jan 20244,50512,74973.023.30$370,997
Dec 20234,58315,25171.262.61$366,401
Nov 20235,77815,97077.892.81$494,885
Oct 20236,68718,45885.443.09$628,322
Sep 20237,77215,74789.042.74$735,088
Aug 20239,31017,12380.522.67$795,409
Jul 202311,60616,92274.852.64$913,414
Jun 202311,6416,00768.962.26$816,330
May 202311,7125,26070.622.23$838,818
Apr 20231,13574878.122.24$90,340
Mar 202301,94872.852.39$4,662
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202221677976.415.73$20,968
Nov 20228053,64985.005.65$89,028
Oct 20229183,99987.185.86$103,480
Sep 20228533,29584.888.16$99,302
Aug 20228533,10494.529.13$108,956
Jul 20228993,256101.587.54$115,877
Jun 20228633,482115.097.98$127,099
May 20229653,417109.378.43$134,358
Apr 20221,0172,665104.226.84$124,214
Mar 20221,0231,858108.885.08$120,816
Feb 20228601,43991.054.86$85,295
Jan 20229921,77781.844.54$89,249
Dec 20211,1514,14471.323.90$98,247
Nov 20218901,54177.435.24$76,983
Oct 20211,0262,19779.795.71$94,418
Sep 20211,0473,32369.865.35$90,925
Aug 20211,7043,30966.024.22$126,464
Jul 20211,0392,80070.783.98$84,690
Jun 20211,0762,13069.493.38$81,972
May 20211,2253,45363.483.02$88,183
Apr 20211,0894,47260.362.76$78,068
Mar 20211,20510,77061.302.72$103,128
Feb 20219305,64457.805.55$85,067
Jan 20211,6952,16850.412.81$91,538
Dec 20201,7432,35344.642.68$84,103
Nov 20201,4122,97538.772.71$62,795
Oct 20201,7293,78736.972.48$73,307
Sep 20201,7463,07137.091.99$70,874
Aug 20201,6683,73239.982.39$75,588
Jul 20201,7414,28938.371.83$74,630
Jun 20202,6567,44634.901.69$105,280
May 20200016.921.81$0
Apr 2020456314.751.80$777
Mar 20201,4544,65930.341.86$52,763
Feb 20201,4363,85249.881.98$79,257
Jan 20201,5823,86657.252.09$98,668
Dec 20191,5083,66959.012.30$97,442
Nov 20191,8726,52555.302.75$121,470
Oct 20192,1007,38853.472.42$130,155
Sep 20192,1907,08655.052.66$139,389
Aug 20192,1236,38753.112.30$127,470
Jul 20192,2417,38256.272.46$144,261
Jun 20192,3042,94052.782.49$128,929
May 20192,6432,51458.482.74$161,452
Apr 20192,8473,57362.632.75$188,136
Mar 20193,3642,88556.803.06$199,909
Feb 20192,8921,69650.852.79$151,794
Jan 20194,0473,07946.033.23$196,223
Dec 20184,9803,30846.594.19$245,864
Nov 20185,3124,12352.934.24$298,634
Oct 20187,3624,86961.443.40$468,867
Sep 20189,3566,72859.543.11$577,967
Aug 201816,0364,27159.403.07$965,636
Jul 20183,86464865.142.93$253,601

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         1,311 bbl  × $106.41 =   $139,504
Gas                3,710 Mcf  × $  3.05 =    $11,300

────────────────────────────────────────────────────
Month total                                 $150,804

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/297523 is the state's own key, not one this site invented.