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 297970District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.2 M
Jun 2014 – May 2026
Value, last 12 filed months
$601 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-1112024-10-28235360

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
CondensateDisposition285,630 bbl$17,748,198
GasProduction734,945 Mcf$2,404,287
Total$20,152,486

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, -99.4297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45999, -99.42974 · 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
7,828 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 7,828 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-1273615174H7,828 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 20265291,100106.413.05$59,641
Apr 202668387498.932.87$70,077
Mar 20266531,12089.753.15$62,134
Feb 202657362063.503.75$38,711
Jan 202679351659.138.00$51,017
Dec 202569712356.664.41$40,035
Nov 202553385758.593.93$34,593
Oct 20256132,22959.383.30$43,766
Sep 20257202,04262.743.08$51,456
Aug 20257031,64163.933.01$49,890
Jul 20257381,22566.743.32$53,315
Jun 202565690166.483.13$46,430
May 202574985760.553.23$48,122
Apr 20256032,46762.363.54$46,344
Mar 20257231,07267.704.27$53,523
Feb 202561864370.884.34$46,595
Jan 202572379774.324.28$57,143
Dec 20246991,09168.993.12$51,629
Nov 20247451,16469.052.20$54,001
Oct 20247871,53571.372.28$59,670
Sep 20247111,55269.612.36$53,162
Aug 20247631,83375.632.06$61,488
Jul 20247901,84379.932.15$67,101
Jun 20247561,78178.082.63$63,720
May 20247741,57078.812.20$64,450
Apr 20247041,41284.451.66$61,796
Mar 20248291,75480.301.55$69,279
Feb 20248211,60676.091.78$65,334
Jan 20247321,36973.023.30$57,965
Dec 20238841,76071.262.61$67,589
Nov 20238211,84977.892.81$69,139
Oct 20238202,16485.443.09$76,742
Sep 20237901,75589.042.74$75,142
Aug 20237981,99380.522.67$69,582
Jul 20238681,96574.852.64$70,161
Jun 20238131,47968.962.26$59,405
May 20239391,70170.622.23$70,101
Apr 20239471,36278.122.24$77,027
Mar 20239941,81972.852.39$76,766
Feb 20238891,54675.112.47$70,585
Jan 20239301,66376.533.39$76,807
Dec 20229531,63576.415.73$82,186
Nov 20229071,62385.005.65$86,259
Oct 20228621,78587.185.86$85,616
Sep 20229271,87584.888.16$93,991
Aug 20221,0092,11994.529.13$114,711
Jul 20229972,048101.587.54$116,721
Jun 20229701,846115.097.98$126,363
May 20229681,859109.378.43$121,547
Apr 20228891,589104.226.84$103,517
Mar 20221,0321,799108.885.08$121,497
Feb 20229221,49991.054.86$91,232
Jan 20221,1142,04481.844.54$100,445
Dec 20211,0072,10571.323.90$80,027
Nov 20219602,30177.435.24$86,383
Oct 20211,0291,55879.795.71$91,006
Sep 20219151,29769.865.35$70,862
Aug 20219891,46166.024.22$71,460
Jul 20211,1281,49970.783.98$85,809
Jun 20211,1041,62969.493.38$82,224
May 20211,0672,51163.483.02$75,311
Apr 20211,1721,66160.362.76$75,324
Mar 20211,1621,60661.302.72$75,594
Feb 20211,1051,33157.805.55$71,253
Jan 20211,1341,03250.412.81$60,065
Dec 20201,3501,52644.642.68$64,347
Nov 20201,2391,57938.772.71$52,310
Oct 20201,2811,54136.972.48$51,178
Sep 20201,1471,37237.091.99$45,274
Aug 20201,2441,58539.982.39$53,516
Jul 20201,6181,58238.371.83$64,970
Jun 20202,0421,80434.901.69$74,315
May 202001816.921.81$33
Apr 20201,4791,63014.751.80$24,756
Mar 20201,5851,39830.341.86$50,684
Feb 20201,0341,05949.881.98$53,673
Jan 20208701,45057.252.09$52,845
Dec 20191,0051,67359.012.30$63,160
Nov 20199741,15455.302.75$57,037
Oct 20191,0861,48953.472.42$61,670
Sep 20199601,61455.052.66$57,137
Aug 20191,0901,85153.112.30$62,155
Jul 20191,0661,78156.272.46$64,365
Jun 20191,1381,63952.782.49$64,147
May 20191,1921,24558.482.74$73,120
Apr 20191,16464562.632.75$74,676
Mar 20191,09256556.803.06$63,756
Feb 20191,15472150.852.79$60,694
Jan 20191,14591246.033.23$55,648
Dec 20181,12888646.594.19$56,262
Nov 20181,14683952.934.24$64,213
Oct 20181,16729061.443.40$72,686
Sep 20181,13893959.543.11$70,675
Aug 20181,23140259.403.07$74,354
Jul 20181,18641565.142.93$78,473
Jun 20181,12660360.183.08$69,618
May 20181,18342265.382.90$78,569
Apr 20181,28490463.842.90$84,593
Mar 20181,1381,39961.222.79$73,567
Feb 201882388161.782.77$53,282
Jan 201879993962.874.01$53,998
Dec 201782771057.272.92$49,437
Nov 20174741,21855.423.12$30,067
Oct 20171,0264,15949.292.98$62,981
Sep 20171,5346,36747.523.09$92,552
Aug 20171,5917,61545.373.00$95,062
Jul 20171,5967,70143.873.09$93,792
Jun 20171,6457,93542.493.09$94,394
May 20171,7659,04145.373.26$109,582
Apr 20171,8969,43247.933.21$121,167
Mar 20171,95110,07846.772.98$121,318
Feb 20171,7389,53750.452.95$115,841
Jan 20172,0069,96949.413.42$133,198
Dec 20162,1369,29448.763.72$138,751
Nov 20162,1749,31942.492.64$117,016
Oct 20162,2829,33046.193.09$134,238
Sep 20162,2279,27941.553.10$121,303
Aug 20162,57010,56741.442.92$137,402
Jul 20162,61411,65641.622.92$142,881
Jun 20162,75510,81045.352.69$153,973
May 20162,3104,63642.521.99$107,452
Apr 20162,5324,86136.561.99$102,248
Mar 20162,9227,28233.011.79$109,519
Feb 20163,0258,91826.472.06$98,475
Jan 20163,2859,74227.352.36$112,878
Dec 20153,50210,46532.362.00$134,269
Nov 20153,5699,25238.792.17$158,494
Oct 20154,65910,86643.552.43$229,267
Sep 20154,01015,21542.992.76$214,359
Aug 20154,38315,99440.162.87$221,964
Jul 20154,53219,23048.152.95$274,850
Jun 20154,69716,79656.152.88$312,157
May 20155,19122,03855.212.96$351,727
Apr 20155,59821,81349.822.71$337,931
Mar 20155,44121,86742.892.93$297,538
Feb 20155,61421,19044.662.98$313,787
Jan 20157,33529,88543.433.10$411,221
Dec 20149,17332,79154.693.59$619,436
Nov 201410,44639,55670.464.25$904,211
Oct 201411,28341,04378.303.90$1,043,566
Sep 201413,99032,36286.164.05$1,336,297
Aug 201418,13827,69389.394.04$1,733,100
Jul 201415,43012,91996.564.18$1,543,917
Jun 20143,2213,40098.164.74$332,279

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           529 bbl  × $106.41 =    $56,291
Gas                1,100 Mcf  × $  3.05 =     $3,350

────────────────────────────────────────────────────
Month total                                  $59,641

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/297970 is the state's own key, not one this site invented.