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 299312District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.9 M
Jun 2018 – May 2026
Value, last 12 filed months
$631 k
at the published price for each month
Months reported
96
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-1112025-06-19236099

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
CondensateDisposition203,788 bbl$12,298,841
GasProduction482,583 Mcf$1,580,184
Total$13,879,024

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 28.4768, -99.3766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47681, -99.37660 · 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
7,748 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 7,748 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-28336212167H7,748 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 20263461,921106.413.05$42,669
Apr 20265882,65998.932.87$65,801
Mar 20266272,36089.753.15$63,706
Feb 20265303,31163.503.75$46,072
Jan 20266543,63159.138.00$67,711
Dec 20257593,42056.664.41$58,099
Nov 202545688858.593.93$30,204
Oct 20256062,80759.383.30$45,261
Sep 20256713,01862.743.08$51,385
Aug 20256973,30463.933.01$54,520
Jul 20256262,71466.743.32$50,777
Jun 20256863,01066.483.13$55,023
May 20256624,42660.553.23$54,390
Apr 20256703,01362.363.54$52,457
Mar 20257114,00567.704.27$65,229
Feb 20255683,88170.884.34$57,107
Jan 20256344,16674.324.28$64,944
Dec 20246794,16168.993.12$59,832
Nov 20245214,34969.052.20$45,536
Oct 20244562,62471.372.28$38,531
Sep 20246874,17169.612.36$57,684
Aug 20247494,14575.632.06$65,201
Jul 20247133,14079.932.15$63,730
Jun 20245623,06478.082.63$51,951
May 20246482,53478.812.20$56,640
Apr 20247133,40584.451.66$65,862
Mar 20246443,80680.301.55$57,594
Feb 20246394,35476.091.78$56,387
Jan 20247025,10773.023.30$68,101
Dec 20238202,22271.262.61$64,234
Nov 20237903,18877.892.81$70,484
Oct 20238214,70685.443.09$84,675
Sep 20234402,88689.042.74$47,071
Aug 20237073,56280.522.67$66,448
Jul 20237353,46874.852.64$64,177
Jun 20236563,10968.962.26$52,259
May 20237303,72370.622.23$59,845
Apr 20237723,65478.122.24$68,485
Mar 20237274,44872.852.39$63,607
Feb 20237054,05275.112.47$62,943
Jan 20236814,73976.533.39$68,171
Dec 20227287,65676.415.73$99,488
Nov 20226474,85485.005.65$82,402
Oct 20227024,63987.185.86$88,402
Sep 20227553,93084.888.16$96,168
Aug 20226863,45094.529.13$96,329
Jul 20227703,536101.587.54$104,885
Jun 20227363,516115.097.98$112,754
May 20228714,558109.378.43$133,699
Apr 20228074,820104.226.84$117,063
Mar 20229565,703108.885.08$133,040
Feb 20228375,25391.054.86$101,732
Jan 20228695,23481.844.54$94,869
Dec 20219046,05771.323.90$88,090
Nov 20219195,87777.435.24$101,935
Oct 20211,0195,54679.795.71$112,995
Sep 20211,0934,85569.865.35$102,336
Aug 20211,0144,84766.024.22$87,401
Jul 20211,0754,18570.783.98$92,754
Jun 20211,0954,89569.493.38$92,640
May 20211,2395,63363.483.02$95,650
Apr 20211,2226,47360.362.76$91,615
Mar 20211,5748,78361.302.72$120,349
Feb 20219417,17257.805.55$94,180
Jan 20211,4576,66350.412.81$92,172
Dec 20201,3378,35144.642.68$82,026
Nov 20201,2736,95138.772.71$68,168
Oct 20201,4256,17236.972.48$67,979
Sep 20201,3797,44637.091.99$65,972
Aug 20201,8058,45339.982.39$92,325
Jul 20202,0359,55438.371.83$95,520
Jun 20202,5508,87434.901.69$103,995
May 20200016.921.81$0
Apr 20201,3596,58214.751.80$31,922
Mar 20202,24710,35130.341.86$87,388
Feb 20202,15010,97249.881.98$128,974
Jan 20202,52512,26057.252.09$170,238
Dec 20192,95513,33559.012.30$205,103
Nov 20193,30613,95555.302.75$221,208
Oct 20193,46412,95853.472.42$216,560
Sep 20192,94912,50255.052.66$195,564
Aug 2019013,38053.112.30$30,832
Jul 20193,85915,99556.272.46$256,495
Jun 2019017,79052.782.49$44,318
May 20190058.482.74$0
Apr 20193,929062.632.75$246,073
Mar 20194,8021,10656.803.06$276,140
Feb 20195,2821,00550.852.79$271,396
Jan 20197,09085546.033.23$329,113
Dec 20188,9171,10246.594.19$420,055
Nov 20189,96267352.934.24$530,140
Oct 201812,8833,76961.443.40$804,339
Sep 201816,4533,28359.543.11$989,815
Aug 201821,5091,68159.403.07$1,282,789
Jul 201826,6393,94265.142.93$1,746,822
Jun 20180060.183.08$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           346 bbl  × $106.41 =    $36,818
Gas                1,921 Mcf  × $  3.05 =     $5,851

────────────────────────────────────────────────────
Month total                                  $42,669

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/299312 is the state's own key, not one this site invented.