RITCHIE FARMS

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 297968District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.5 M
Jun 2014 – May 2026
Value, last 12 filed months
$448 k
at the published price for each month
Months reported
144
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-1112024-10-28235359

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
CondensateDisposition248,099 bbl$15,601,358
GasProduction867,295 Mcf$2,867,668
Total$18,469,027

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 28.4600, -99.4286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45998, -99.42864 · 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
7,817 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 7,817 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-1273615876H7,817 ftJun 2014

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 (144)

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

144 months

May 20264643,113106.413.05$58,856
Apr 20265282,46098.932.87$59,295
Mar 20264382,50989.753.15$47,212
Feb 202633399163.503.75$24,862
Jan 20264992,54359.138.00$49,845
Dec 202538956356.664.41$24,525
Nov 20252741,14758.593.93$20,557
Oct 20253762,48759.383.30$30,546
Sep 20253792,96862.743.08$32,911
Aug 20253692,62863.933.01$31,513
Jul 20253831,42266.743.32$30,276
Jun 20254911,73766.483.13$38,076
May 20254241,94160.553.23$31,947
Apr 20254602,57862.363.54$37,820
Mar 20254202,18167.704.27$37,743
Feb 20253692,12970.884.34$35,396
Jan 20255592,70774.324.28$53,127
Dec 20243442,19268.993.12$30,575
Nov 20244912,49969.052.20$39,397
Oct 20243832,79671.372.28$33,714
Sep 20243492,54569.612.36$30,311
Aug 20244102,72475.632.06$36,630
Jul 20244082,77279.932.15$38,562
Jun 20243922,70478.082.63$37,730
May 20244302,62678.812.20$39,661
Apr 20244412,45384.451.66$41,312
Mar 20245392,94980.301.55$47,838
Feb 20244133,12676.091.78$37,001
Jan 20244823,20073.023.30$45,748
Dec 20235063,31671.262.61$44,715
Nov 20234583,08677.892.81$44,338
Oct 20234483,24585.443.09$48,295
Sep 20234733,05489.042.74$50,469
Aug 20234992,64980.522.67$47,260
Jul 20234431,93274.852.64$38,263
Jun 20234853,30968.962.26$40,919
May 20235772,93370.622.23$47,281
Apr 20235682,94378.122.24$50,958
Mar 20235463,01072.852.39$46,980
Feb 20234922,55375.112.47$43,249
Jan 20234802,77776.533.39$46,142
Dec 20225403,08276.415.73$58,918
Nov 20225052,87185.005.65$59,135
Oct 20225763,08887.185.86$68,323
Sep 20226183,10084.888.16$77,763
Aug 20225802,92094.529.13$81,473
Jul 20225692,901101.587.54$79,679
Jun 20225552,808115.097.98$86,275
May 20225763,117109.378.43$89,283
Apr 20225853,073104.226.84$81,981
Mar 20225993,242108.885.08$81,677
Feb 20225252,78991.054.86$61,353
Jan 20225883,34381.844.54$63,291
Dec 20216242,81171.323.90$55,464
Nov 20216522,65777.435.24$64,399
Oct 20216753,38879.795.71$73,217
Sep 20215962,90569.865.35$57,181
Aug 20216212,91066.024.22$53,280
Jul 20217243,00970.783.98$63,227
Jun 20216692,89269.493.38$56,266
May 20218101,88063.483.02$57,092
Apr 20217502,93060.362.76$53,352
Mar 20217963,37661.302.72$57,967
Feb 20217942,68157.805.55$60,767
Jan 20217267,35450.412.81$57,264
Dec 20206632,56944.642.68$36,470
Nov 20207402,84038.772.71$36,376
Oct 20207532,58636.972.48$34,248
Sep 20207532,47737.091.99$32,861
Aug 20207692,54539.982.39$36,815
Jul 20207561,92538.371.83$32,521
Jun 20209971,89634.901.69$38,000
May 20200016.921.81$0
Apr 20207152,05314.751.80$14,251
Mar 20208042,66730.341.86$29,344
Feb 20207662,50849.881.98$43,176
Jan 20208332,63457.252.09$53,207
Dec 20198302,67359.012.30$55,138
Nov 20198682,59355.302.75$55,133
Oct 20199282,70253.472.42$56,155
Sep 20198502,70955.052.66$53,991
Aug 20199112,90953.112.30$55,087
Jul 20199042,82056.272.46$57,805
Jun 20199052,55152.782.49$54,121
May 20191,0973,28258.482.74$73,146
Apr 20191,1283,05562.632.75$79,050
Mar 20191,2332,92956.803.06$79,003
Feb 20191,1002,76150.852.79$63,644
Jan 20191,3112,90546.033.23$69,723
Dec 20181,1542,92246.594.19$65,995
Nov 20181,0782,35452.934.24$67,033
Oct 20181,05864061.443.40$67,178
Sep 20181,0071,09159.543.11$63,348
Aug 20181,10073959.403.07$67,606
Jul 201898569965.142.93$66,212
Jun 20181,05091360.183.08$65,998
May 20181,09460565.382.90$73,281
Apr 20189911,21063.842.90$66,775
Mar 20181,0382,56861.222.79$70,703
Feb 20188912,18761.782.77$61,095
Jan 20188302,12762.874.01$60,710
Dec 20171,1292,93957.272.92$73,244
Nov 201720777355.423.12$13,882
Oct 20178935,13349.292.98$59,331
Sep 20171,3578,10447.523.09$89,504
Aug 20171,4789,53945.373.00$95,716
Jul 20171,4499,04243.873.09$91,483
Jun 20171,4678,48442.493.09$88,525
May 20171,5679,55545.373.26$102,277
Apr 20171,5989,28647.933.21$106,415
Mar 20171,7108,79246.772.98$106,209
Feb 20171,4788,93550.452.95$100,947
Jan 20171,7689,97649.413.42$121,463
Dec 20161,8359,72648.763.72$125,683
Nov 20161,8709,41642.492.64$104,356
Oct 20162,0368,97246.193.09$121,769
Sep 20161,9809,78841.553.10$112,618
Aug 20162,25411,25441.442.92$126,316
Jul 20162,1818,99841.622.92$117,086
Jun 20162,2238,54145.352.69$123,753
May 20162,0983,06642.521.99$95,311
Apr 20162,2094,51436.561.99$89,749
Mar 20162,5176,17133.011.79$94,157
Feb 20162,6138,43926.472.06$86,581
Jan 20162,9579,94127.352.36$104,378
Dec 20153,08110,56632.362.00$120,848
Nov 20153,2429,09438.792.17$145,467
Oct 20153,73910,34843.552.43$187,944
Sep 20153,68014,94442.992.76$199,425
Aug 20154,05516,07940.162.87$209,036
Jul 20154,17718,73348.152.95$256,293
Jun 20154,39220,89756.152.88$306,854
May 20154,81425,99455.212.96$342,605
Apr 20155,39422,77149.822.71$330,360
Mar 20155,29322,70842.892.93$293,658
Feb 20155,13822,99444.662.98$297,898
Jan 20156,77532,07743.433.10$393,697
Dec 20148,38234,62554.693.59$582,762
Nov 201410,41539,74370.464.25$902,822
Oct 201413,47642,65278.303.90$1,221,555
Sep 201414,67836,80486.164.05$1,413,545
Aug 201417,02527,60689.394.04$1,633,258
Jul 201417,91911,11196.564.18$1,776,698
Jun 20143,19589798.164.74$317,870

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           464 bbl  × $106.41 =    $49,374
Gas                3,113 Mcf  × $  3.05 =     $9,482

────────────────────────────────────────────────────
Month total                                  $58,856

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/297968 is the state's own key, not one this site invented.