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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 299082District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.7 M
Jun 2018 – May 2026
Value, last 12 filed months
$468 k
at the published price for each month
Months reported
96
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-1112025-05-06236097

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
CondensateDisposition219,425 bbl$13,245,303
GasProduction451,251 Mcf$1,432,177
Total$14,677,480

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 28.4775, -99.3759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47751, -99.37586 · 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
7,674 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 7,674 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-28336213169H7,674 ftJun 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 (96)

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

96 months

May 20263491,897106.413.05$42,915
Apr 20264512,50898.932.87$51,815
Mar 20264352,24589.753.15$46,112
Feb 20264861,72863.503.75$37,342
Jan 20264912,54959.138.00$49,420
Dec 20256002,88756.664.41$46,737
Nov 20252501,45458.593.93$20,357
Oct 20253422,01959.383.30$26,980
Sep 20254562,69262.743.08$36,893
Aug 20255002,44963.933.01$39,348
Jul 20253982,40666.743.32$34,539
Jun 20254352,26766.483.13$36,012
May 20253402,82060.553.23$29,702
Apr 20253181,78862.363.54$26,166
Mar 20253892,42867.704.27$36,699
Feb 20254323,57970.884.34$46,156
Jan 20254694,92074.324.28$55,907
Dec 20245554,23768.993.12$51,515
Nov 20245044,17469.052.20$43,977
Oct 20244593,54371.372.28$40,842
Sep 20245022,78769.612.36$41,534
Aug 20245073,26375.632.06$45,078
Jul 20246313,48079.932.15$57,906
Jun 20245494,37978.082.63$54,400
May 20246283,87978.812.20$58,020
Apr 20245262,68384.451.66$48,872
Mar 20245273,05780.301.55$47,042
Feb 20245063,99676.091.78$45,629
Jan 202459010,25473.023.30$76,896
Dec 20235088,78871.262.61$59,143
Nov 20236144,17777.892.81$59,552
Oct 20235983,27385.443.09$61,198
Sep 20234792,42489.042.74$49,280
Aug 20234492,12280.522.67$41,825
Jul 20235742,38074.852.64$49,251
Jun 20235632,90568.962.26$45,385
May 20235483,39170.622.23$46,253
Apr 20236693,39778.122.24$59,864
Mar 20235952,69872.852.39$49,803
Feb 20235663,08675.112.47$50,121
Jan 20235524,42976.533.39$57,249
Dec 20226975,98476.415.73$87,541
Nov 20226833,90685.005.65$80,109
Oct 20226844,47187.185.86$85,848
Sep 20227453,29384.888.16$90,119
Aug 20227073,58594.529.13$99,547
Jul 20227513,071101.587.54$99,448
Jun 20227613,327115.097.98$114,124
May 20227993,360109.378.43$115,722
Apr 20227313,654104.226.84$101,169
Mar 20228274,158108.885.08$111,151
Feb 20228205,18891.054.86$99,869
Jan 20228175,38581.844.54$91,299
Dec 20218244,82371.323.90$77,573
Nov 20218605,30477.435.24$94,366
Oct 20219144,83979.795.71$100,577
Sep 20219344,27269.865.35$88,108
Aug 20219183,18366.024.22$74,041
Jul 20211,0463,79470.783.98$89,144
Jun 20211,0214,25869.493.38$85,344
May 20211,0345,01863.483.02$80,781
Apr 20211,1036,58760.362.76$84,747
Mar 20211,4016,86661.302.72$104,536
Feb 20217995,81157.805.55$78,421
Jan 20211,2377,21850.412.81$82,642
Dec 20201,2958,10544.642.68$79,493
Nov 20201,2757,06038.772.71$68,540
Oct 20201,6705,73236.972.48$75,946
Sep 20201,3847,96337.091.99$67,187
Aug 20201,6117,04639.982.39$81,213
Jul 20201,6627,93538.371.83$78,253
Jun 20203,54822,04134.901.69$161,081
May 202002,20516.921.81$4,002
Apr 20201,6209,75614.751.80$41,499
Mar 20202,0089,48830.341.86$78,535
Feb 20202,01810,02049.881.98$120,504
Jan 20202,38512,08757.252.09$161,860
Dec 20192,51710,86059.012.30$173,554
Nov 20192,37911,46755.302.75$163,101
Oct 20192,55210,12653.472.42$160,946
Sep 20192,91111,01855.052.66$189,528
Aug 2019012,41553.112.30$28,609
Jul 20193,48412,73656.272.46$227,376
Jun 2019011,01152.782.49$27,431
May 20190058.482.74$0
Apr 20193,958062.632.75$247,890
Mar 20194,31682356.803.06$247,669
Feb 20194,65077250.852.79$238,608
Jan 20196,30067846.033.23$292,178
Dec 20188,14487346.594.19$383,083
Nov 20189,95161552.934.24$529,312
Oct 201813,6043,37461.443.40$847,295
Sep 201820,5992,89659.543.11$1,235,465
Aug 201827,6941,21059.403.07$1,648,734
Jul 201842,7924,08865.142.93$2,799,456
Jun 20181,6455860.183.08$99,175

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           349 bbl  × $106.41 =    $37,137
Gas                1,897 Mcf  × $  3.05 =     $5,778

────────────────────────────────────────────────────
Month total                                  $42,915

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/299082 is the state's own key, not one this site invented.