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 297971District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.6 M
Jul 2014 – May 2026
Value, last 12 filed months
$367 k
at the published price for each month
Months reported
143
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
NGPA2none
ST-1222024-10-28 – 2024-10-292 dockets

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
CondensateDisposition259,624 bbl$15,318,304
GasProduction726,862 Mcf$2,289,661
Total$17,607,965

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 28.4546, -99.4313. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45456, -99.43128 · 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
7,873 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 7,873 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-1273595352H7,873 ftJul 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 (143)

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

143 months

May 2026370218106.413.05$40,036
Apr 202640982698.932.87$42,833
Mar 20264071,32789.753.15$40,708
Feb 20262002,01963.503.75$20,272
Jan 202617763259.138.00$15,521
Dec 20253557256.664.41$20,432
Nov 20253438258.593.93$20,418
Oct 202535571459.383.30$23,440
Sep 20255241,78862.743.08$38,377
Aug 20255011,86063.933.01$37,636
Jul 20255001,77866.743.32$39,264
Jun 202539083366.483.13$28,533
May 20254271,10660.553.23$29,430
Apr 202552089362.363.54$35,591
Mar 20255892,63167.704.27$51,105
Feb 202535312570.884.34$25,563
Jan 20255971,05074.324.28$48,862
Dec 202437876968.993.12$28,479
Nov 202445968569.052.20$33,200
Oct 20244941,64171.372.28$39,001
Sep 20244791,93469.612.36$37,916
Aug 20245141,92675.632.06$42,848
Jul 20245371,97279.932.15$47,155
Jun 20244321,65178.082.63$38,079
May 20244532,00378.812.20$40,104
Apr 20244572,46484.451.66$42,682
Mar 20245191,42480.301.55$43,876
Feb 202448181476.091.78$38,051
Jan 202460420073.023.30$44,764
Dec 20234841,14971.262.61$37,490
Nov 20235461,14977.892.81$45,754
Oct 20235341,65285.443.09$50,725
Sep 20235111,63289.042.74$49,963
Aug 20235282,06280.522.67$48,026
Jul 20234992,05074.852.64$42,766
Jun 20235282,17068.962.26$41,312
May 20234721,55270.622.23$36,790
Apr 20235801,72678.122.24$49,172
Mar 20236741,10672.852.39$51,748
Feb 202356782675.112.47$44,624
Jan 20234308576.533.39$33,196
Dec 20225101,11776.415.73$45,368
Nov 20225082,52885.005.65$57,454
Oct 20226152,10787.185.86$65,971
Sep 20225562,34284.888.16$66,313
Aug 20225772,51994.529.13$77,529
Jul 20226662,471101.587.54$86,289
Jun 20226212,384115.097.98$90,489
May 20227402,486109.378.43$101,898
Apr 20227601,474104.226.84$89,286
Mar 2022721902108.885.08$83,081
Feb 20225965,02991.054.86$78,701
Jan 202264326881.844.54$53,839
Dec 202169749371.323.90$51,632
Nov 20217961,55877.435.24$69,793
Oct 20217682,03179.795.71$72,884
Sep 20217042,96069.865.35$65,020
Aug 20216973,34066.024.22$60,113
Jul 20217433,42270.783.98$66,216
Jun 20217103,58069.493.38$61,441
May 20217692,33163.483.02$55,850
Apr 20216211,54160.362.76$41,734
Mar 20217251,10461.302.72$47,442
Feb 20216671,34357.805.55$46,004
Jan 20218681,03450.412.81$46,662
Dec 20208461,25344.642.68$41,118
Nov 20208402,09238.772.71$38,229
Oct 20208492,46636.972.48$37,499
Sep 20209472,86337.091.99$40,825
Aug 20209262,99939.982.39$44,174
Jul 20209853,10638.371.83$43,463
Jun 20201,1303,19634.901.69$44,839
May 202001816.921.81$33
Apr 20207432,14214.751.80$14,824
Mar 20207862,26730.341.86$28,055
Feb 20208722,32649.881.98$48,102
Jan 20208502,40357.252.09$53,696
Dec 20198471,76759.012.30$54,053
Nov 20198521,38955.302.75$50,936
Oct 20198692,37353.472.42$52,205
Sep 20199192,84555.052.66$58,151
Aug 20191,0042,96253.112.30$60,148
Jul 20197832,62956.272.46$50,527
Jun 20199793,11852.782.49$59,439
May 20191,0582,94558.482.74$69,942
Apr 20191,1081,97262.632.75$74,818
Mar 20191,1302,48556.803.06$71,793
Feb 20191,0592,34350.852.79$60,392
Jan 20191,1242,96946.033.23$61,322
Dec 20181,2432,30346.594.19$67,550
Nov 20181,1651,80752.934.24$69,320
Oct 20181,28758961.443.40$81,075
Sep 20181,3521,21559.543.11$84,274
Aug 20181,30378559.403.07$79,805
Jul 20181,2931,29965.142.93$88,035
Jun 20181,1121,64660.183.08$71,985
May 20181,40887265.382.90$94,585
Apr 201885084463.842.90$56,712
Mar 20181,5464,95561.222.79$108,455
Feb 20181,3445,70961.782.77$98,824
Jan 20181,5555,04562.874.01$117,990
Dec 20171,3584,97457.272.92$92,304
Nov 20171,2635,68755.423.12$87,730
Oct 20171,5287,43549.292.98$97,499
Sep 20171,5298,08147.523.09$97,606
Aug 20171,5688,39945.373.00$96,374
Jul 20171,5798,71943.873.09$96,189
Jun 20171,6298,36242.493.09$95,032
May 20171,7088,76545.373.26$106,096
Apr 20171,8429,33447.933.21$118,264
Mar 20172,0096,84446.772.98$114,381
Feb 20171,8636,05450.452.95$111,863
Jan 20172,0946,81849.413.42$126,774
Dec 20162,2636,89548.763.72$136,013
Nov 20162,0899,71442.492.64$114,449
Oct 20162,33810,69446.193.09$141,039
Sep 20162,24616,46041.553.10$144,358
Aug 20162,22414,91941.442.92$135,791
Jul 20162,6997,21141.622.92$133,420
Jun 20163,01811,95645.352.69$168,978
May 20163,00910,18342.521.99$148,217
Apr 20162,4149,51136.561.99$107,193
Mar 20162,9958,83533.011.79$114,715
Feb 20162,88710,00626.472.06$97,068
Jan 20163,33311,97127.352.36$119,461
Dec 20153,56112,05332.362.00$139,357
Nov 20153,84311,74038.792.17$174,514
Oct 20154,59314,78643.552.43$235,905
Sep 20154,50814,68842.992.76$234,315
Aug 20155,03517,75940.162.87$253,218
Jul 20155,13417,31348.152.95$298,190
Jun 20155,60521,06156.152.88$375,437
May 20155,73323,43355.212.96$385,774
Apr 20157,05624,28849.822.71$417,267
Mar 20157,93327,92942.892.93$422,210
Feb 20151,2823,84244.662.98$68,689
Jan 20158,72417,33543.433.10$432,633
Dec 201412,38333,95054.693.59$799,153
Nov 201414,15826,70070.464.25$1,111,097
Oct 201414,19713,29978.303.90$1,163,504
Sep 201417,19515,46886.164.05$1,544,096
Aug 201414,78026,43489.394.04$1,427,849
Jul 20140096.564.18$0

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           370 bbl  × $106.41 =    $39,372
Gas                  218 Mcf  × $  3.05 =       $664

────────────────────────────────────────────────────
Month total                                  $40,036

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/297971 is the state's own key, not one this site invented.