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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 299443District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.8 M
Jun 2018 – May 2026
Value, last 12 filed months
$626 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-1112025-07-01236101

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
CondensateDisposition237,045 bbl$14,120,173
GasProduction498,480 Mcf$1,672,071
Total$15,792,243

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 28.4754, -99.3789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47539, -99.37887 · 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
7,685 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 7,685 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-28336184163H7,685 ftJul 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 20263932,560106.413.05$49,616
Apr 20266004,00398.932.87$70,845
Mar 20264813,62389.753.15$54,580
Feb 20264923,93563.503.75$46,000
Jan 20263722,79059.138.00$44,311
Dec 20256764,28456.664.41$57,209
Nov 20254011,17558.593.93$28,108
Oct 20255803,67459.383.30$46,582
Sep 20256404,97762.743.08$55,467
Aug 20256344,44163.933.01$53,920
Jul 20256623,99066.743.32$57,410
Jun 20257344,20666.483.13$61,956
May 20256864,91060.553.23$57,408
Apr 20255632,99162.363.54$45,706
Mar 20255483,72967.704.27$53,016
Feb 20255032,72070.884.34$47,460
Jan 20256784,58974.324.28$70,024
Dec 20246204,49668.993.12$56,807
Nov 20245444,80969.052.20$48,136
Oct 20246025,15471.372.28$54,723
Sep 20246494,81269.612.36$56,554
Aug 20246285,38275.632.06$58,602
Jul 20246163,93479.932.15$57,682
Jun 20244804,53478.082.63$49,421
May 20246303,89178.812.20$58,204
Apr 20245964,24384.451.66$57,372
Mar 20245825,34280.301.55$54,989
Feb 20245634,11576.091.78$50,178
Jan 20246054,10673.023.30$57,717
Dec 20239103,12571.262.61$73,005
Nov 20236434,46477.892.81$62,616
Oct 20236884,53385.443.09$72,777
Sep 20234994,25189.042.74$56,058
Aug 20237125,58480.522.67$72,256
Jul 20236975,17074.852.64$65,829
Jun 20237614,89068.962.26$63,523
May 20237154,51970.622.23$60,559
Apr 20237515,16078.122.24$70,215
Mar 20237384,62172.852.39$64,822
Feb 20235454,46475.112.47$51,942
Jan 20236145,64276.533.39$66,103
Dec 20226915,65176.415.73$85,174
Nov 20227175,06685.005.65$89,549
Oct 20227445,34287.185.86$96,186
Sep 20227385,11184.888.16$104,366
Aug 20228305,44394.529.13$128,131
Jul 20228265,268101.587.54$123,637
Jun 20228035,120115.097.98$133,261
May 20228935,403109.378.43$143,231
Apr 20228514,958104.226.84$122,592
Mar 20229325,517108.885.08$129,483
Feb 20228395,00091.054.86$100,685
Jan 20228845,39581.844.54$96,827
Dec 20219636,38171.323.90$93,561
Nov 20211,0337,69277.435.24$120,267
Oct 20211,0446,54279.795.71$120,681
Sep 20219905,80169.865.35$100,202
Aug 20211,0626,57766.024.22$97,872
Jul 20211,1446,56670.783.98$107,119
Jun 20211,1376,73369.493.38$101,772
May 20211,4167,87963.483.02$113,664
Apr 20211,4737,12460.362.76$108,561
Mar 20211,6697,29561.302.72$122,130
Feb 20218415,16957.805.55$77,287
Jan 20211,4316,51450.412.81$90,443
Dec 20201,5966,79044.642.68$89,412
Nov 20201,6576,79338.772.71$82,628
Oct 20201,7917,17836.972.48$84,003
Sep 20201,6447,77937.091.99$76,464
Aug 20202,0077,68539.982.39$98,569
Jul 20202,2808,48438.371.83$102,968
Jun 20202,9887,54734.901.69$117,038
May 20200016.921.81$0
Apr 20201,6847,10714.751.80$37,663
Mar 20202,1509,21030.341.86$82,327
Feb 20202,2729,61049.881.98$132,362
Jan 20203,01213,06357.252.09$199,801
Dec 20192,7208,71159.012.30$180,580
Nov 20192,4176,93055.302.75$152,722
Oct 20192,6828,92153.472.42$164,982
Sep 20193,16610,91655.052.66$203,295
Aug 2019011,86653.112.30$27,344
Jul 20194,74715,16256.272.46$304,413
Jun 2019013,60952.782.49$33,903
May 20190058.482.74$0
Apr 20195,606062.632.75$351,104
Mar 20196,41291656.803.06$367,006
Feb 20196,79485250.852.79$347,854
Jan 20199,04173846.033.23$418,540
Dec 201811,19494846.594.19$525,496
Nov 201813,81773652.934.24$734,452
Oct 201819,6913,91061.443.40$1,223,102
Sep 201824,5912,41759.543.11$1,471,660
Aug 201829,1771,16359.403.07$1,736,680
Jul 201822,9272,05465.142.93$1,499,487
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           393 bbl  × $106.41 =    $41,819
Gas                2,560 Mcf  × $  3.05 =     $7,797

────────────────────────────────────────────────────
Month total                                  $49,616

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/299443 is the state's own key, not one this site invented.