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 297972District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.3 M
Jun 2014 – May 2026
Value, last 12 filed months
$574 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-1112024-10-28235362

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
CondensateDisposition281,699 bbl$16,855,032
GasProduction779,064 Mcf$2,486,107
Total$19,341,139

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, -99.4309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46002, -99.43095 · 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
7,821 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 7,821 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-1273613672H7,821 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 20265091,179106.413.05$57,754
Apr 202658034198.932.87$58,358
Mar 20267901,01189.753.15$74,087
Feb 20268281,12863.503.75$56,808
Jan 20265851,68759.138.00$48,084
Dec 20255902,20456.664.41$43,156
Nov 20254301,44358.593.93$30,860
Oct 20255361,58859.383.30$37,076
Sep 20255011,91762.743.08$37,331
Aug 202542398763.933.01$30,018
Jul 20256901,29066.743.32$50,327
Jun 20257061,08566.483.13$50,330
May 202544550360.553.23$28,571
Apr 20256281,11162.363.54$43,098
Mar 20257551,09867.704.27$55,800
Feb 20257291,13470.884.34$56,594
Jan 202566875374.324.28$52,868
Dec 20245871,32668.993.12$44,636
Nov 20246981,59169.052.20$51,695
Oct 20247131,83171.372.28$55,064
Sep 20247421,94969.612.36$56,259
Aug 20247711,63175.632.06$61,677
Jul 20246621,44079.932.15$56,005
Jun 20247341,91478.082.63$62,352
May 20248002,37878.812.20$68,276
Apr 20246982,89884.451.66$63,754
Mar 20247842,17280.301.55$66,311
Feb 20248211,82376.091.78$65,721
Jan 20246691,46673.023.30$53,685
Dec 20237191,58671.262.61$55,377
Nov 20237121,92077.892.81$60,848
Oct 20237571,89785.443.09$70,535
Sep 20237752,05289.042.74$74,618
Aug 20237362,05780.522.67$64,761
Jul 20238872,28174.852.64$72,418
Jun 20238581,86068.962.26$63,368
May 20231,0272,48670.622.23$78,064
Apr 20231,0012,58078.122.24$83,972
Mar 20239442,41172.852.39$74,540
Feb 20237791,97275.112.47$63,373
Jan 20238421,81976.533.39$70,601
Dec 20228831,80376.415.73$77,800
Nov 20227761,80285.005.65$76,134
Oct 20228942,25187.185.86$91,138
Sep 20229041,82584.888.16$91,630
Aug 20229182,50694.529.13$109,642
Jul 20229472,375101.587.54$114,109
Jun 20228802,200115.097.98$118,829
May 20229552,467109.378.43$125,253
Apr 20229012,198104.226.84$108,931
Mar 20229522,110108.885.08$114,365
Feb 20229272,11091.054.86$94,656
Jan 20229141,70881.844.54$82,552
Dec 20219881,95471.323.90$78,083
Nov 20219512,23677.435.24$85,346
Oct 20211,0002,54279.795.71$94,315
Sep 20219731,86569.865.35$77,953
Aug 20211,0242,00366.024.22$76,058
Jul 20211,1512,26270.783.98$90,475
Jun 20211,0612,33869.493.38$81,633
May 20211,0982,40963.483.02$76,971
Apr 20211,1662,24760.362.76$76,578
Mar 20211,1852,39461.302.72$79,145
Feb 20211,1522,07157.805.55$78,075
Jan 20211,2631,79950.412.81$68,724
Dec 20201,0382,05144.642.68$51,824
Nov 20201,1772,20238.772.71$51,592
Oct 20201,3262,30236.972.48$54,728
Sep 20201,1602,27137.091.99$47,546
Aug 20201,2592,57339.982.39$56,472
Jul 20201,6652,48638.371.83$68,423
Jun 20202,5541,04334.901.69$90,898
May 202001816.921.81$33
Apr 20201,3492,30314.751.80$24,053
Mar 20201,5272,41530.341.86$50,812
Feb 20201,0121,83549.881.98$54,113
Jan 20208712,00557.252.09$54,065
Dec 20198702,06959.012.30$56,106
Nov 20199632,17755.302.75$59,242
Oct 20199242,38453.472.42$55,172
Sep 20199062,48255.052.66$56,471
Aug 20191,0442,77553.112.30$61,841
Jul 20191,0482,62156.272.46$65,419
Jun 20191,1542,39252.782.49$66,867
May 20191,2281,74758.482.74$76,601
Apr 20191,1331,78862.632.75$75,878
Mar 20191,1671,70156.803.06$71,494
Feb 20191,1372,37450.852.79$64,445
Jan 20191,2462,22446.033.23$64,533
Dec 20181,2382,11446.594.19$66,526
Nov 20181,1371,89052.934.24$68,190
Oct 20181,19057761.443.40$75,074
Sep 20181,1001,36859.543.11$69,746
Aug 20181,20072559.403.07$73,503
Jul 20181,21585165.142.93$81,640
Jun 20181,2121,18760.183.08$76,590
May 20181,39887365.382.90$93,934
Apr 20181,2642,09663.842.90$86,774
Mar 20181,3363,46061.222.79$91,432
Feb 20181,0832,70261.782.77$74,382
Jan 20181,2013,08762.874.01$87,884
Dec 20179431,98457.272.92$59,802
Nov 201740675955.423.12$24,867
Oct 20171,1335,18649.292.98$71,319
Sep 20171,6937,88847.523.09$104,804
Aug 20171,7308,45845.373.00$103,901
Jul 20171,7208,45643.873.09$101,562
Jun 20171,8108,74642.493.09$103,908
May 20171,8649,78845.373.26$116,512
Apr 20172,02510,57347.933.21$131,015
Mar 20172,12610,34446.772.98$130,296
Feb 20171,9419,65750.452.95$126,437
Jan 20172,19911,69749.413.42$148,642
Dec 20162,40411,34648.763.72$159,458
Nov 20162,35411,23942.492.64$129,741
Oct 20162,47010,83946.193.09$147,585
Sep 20162,55410,71941.553.10$139,354
Aug 20162,71010,94641.442.92$144,312
Jul 20162,71912,00541.622.92$148,271
Jun 20162,96911,65045.352.69$165,934
May 20163,0667,40442.521.99$145,108
Apr 20163,2507,64936.561.99$134,049
Mar 20163,50912,20333.011.79$137,724
Feb 20163,52510,25026.472.06$114,459
Jan 20163,51210,84627.352.36$121,697
Dec 20153,98012,03432.362.00$152,878
Nov 20153,96510,48138.792.17$176,518
Oct 20154,63812,42443.552.43$232,133
Sep 20154,24215,78842.992.76$225,914
Aug 20154,89115,88140.162.87$242,041
Jul 20154,73018,58048.152.95$282,469
Jun 20155,12920,77256.152.88$347,876
May 20155,49123,79455.212.96$373,480
Apr 20155,90022,47749.822.71$354,774
Mar 20155,78521,61042.892.93$311,538
Feb 20156,47922,45944.662.98$356,194
Jan 20158,52432,41343.433.10$470,698
Dec 20148,44831,86454.693.59$576,456
Nov 20149,80031,80770.464.25$825,746
Oct 201412,23730,76378.303.90$1,078,162
Sep 201412,89219,34286.164.05$1,189,022
Aug 201413,18918,92689.394.04$1,255,333
Jul 20148,8634,99996.564.18$876,705
Jun 20142,5801,57698.164.74$260,718

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           509 bbl  × $106.41 =    $54,163
Gas                1,179 Mcf  × $  3.05 =     $3,591

────────────────────────────────────────────────────
Month total                                  $57,754

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/297972 is the state's own key, not one this site invented.