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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 299493District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Nov 2017 – May 2026
Value, last 12 filed months
$392 k
at the published price for each month
Months reported
103
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-1112025-07-11236952

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
CondensateDisposition212,468 bbl$12,955,602
GasProduction400,135 Mcf$1,335,111
Total$14,290,714

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, -99.4236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46005, -99.42358 · 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
7,493 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 7,493 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-1273616180H7,493 ftNov 2017——

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 (103)

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

103 months

May 20263631,377106.413.05$42,821
Apr 20264261,36398.932.87$46,056
Mar 20264941,50589.753.15$49,076
Feb 20264171,07563.503.75$30,511
Jan 20264221,00659.138.00$32,999
Dec 20256556.664.41$362
Nov 202514546358.593.93$10,313
Oct 20254913,83459.383.30$41,826
Sep 20253152,09662.743.08$26,212
Aug 20254602,37263.933.01$36,559
Jul 20254702,34966.743.32$39,155
Jun 20254511,83666.483.13$35,727
May 20255681,93660.553.23$40,650
Apr 20254232,26562.363.54$34,403
Mar 20254661,60967.704.27$38,416
Feb 20254681,63970.884.34$40,286
Jan 20255251,65774.324.28$46,108
Dec 20246112,04568.993.12$48,536
Nov 20246381,40569.052.20$47,143
Oct 20246702,10371.372.28$52,616
Sep 20247872,68469.612.36$61,129
Aug 20247172,39575.632.06$59,169
Jul 20247432,33679.932.15$64,402
Jun 20248002,10078.082.63$67,995
May 20246821,81178.812.20$57,730
Apr 20245962,77384.451.66$54,933
Mar 20246983,54780.301.55$61,530
Feb 20245923,11576.091.78$50,601
Jan 20246023,46373.023.30$55,378
Dec 20235973,11371.262.61$50,669
Nov 20236633,35477.892.81$61,058
Oct 20237644,01485.443.09$77,669
Sep 20236693,47289.042.74$69,064
Aug 20237333,93880.522.67$69,547
Jul 20237283,94974.852.64$64,923
Jun 20237953,88868.962.26$63,604
May 20238674,26170.622.23$70,718
Apr 20237433,72178.122.24$66,370
Mar 20236283,64772.852.39$54,478
Feb 20235703,34975.112.47$51,070
Jan 20236624,08976.533.39$64,515
Dec 20227204,40876.415.73$80,269
Nov 20226983,97985.005.65$81,796
Oct 20227083,73687.185.86$83,630
Sep 20227223,91184.888.16$93,212
Aug 20227444,06794.529.13$107,443
Jul 20227233,875101.587.54$102,668
Jun 20227434,002115.097.98$117,437
May 20227774,361109.378.43$121,757
Apr 20227073,642104.226.84$98,586
Mar 20227964,669108.885.08$110,370
Feb 20227284,16491.054.86$86,517
Jan 20227945,19181.844.54$88,536
Dec 20218444,48671.323.90$77,686
Nov 20218904,59877.435.24$92,992
Oct 20218884,35479.795.71$95,732
Sep 20218834,68669.865.35$86,761
Aug 20219114,46066.024.22$78,968
Jul 20211,0224,85770.783.98$91,678
Jun 20218103,81069.493.38$69,167
May 20219505,19463.483.02$75,980
Apr 20211,0335,01360.362.76$76,180
Mar 20211,0575,29861.302.72$79,188
Feb 20219034,29557.805.55$76,022
Jan 20219954,81750.412.81$63,695
Dec 20201,1256,06644.642.68$66,449
Nov 20201,1645,96038.772.71$61,259
Oct 20201,1675,29836.972.48$56,275
Sep 20201,1355,32837.091.99$52,705
Aug 20201,2335,37039.982.39$62,103
Jul 20201,3145,60838.371.83$60,653
Jun 20201,4097,30134.901.69$61,515
May 202005116.921.81$93
Apr 20201,2616,28014.751.80$29,931
Mar 20201,6637,32430.341.86$64,050
Feb 20201,5556,99149.881.98$91,410
Jan 20201,8857,83957.252.09$124,337
Dec 20192,1478,19659.012.30$145,581
Nov 20192,2937,34655.302.75$147,010
Oct 20192,6498,40053.472.42$161,958
Sep 20192,6608,09355.052.66$167,938
Aug 201905,95353.112.30$13,718
Jul 20192,7139,12656.272.46$175,111
Jun 201909,09052.782.49$22,645
May 20190058.482.74$0
Apr 20193,297062.632.75$206,491
Mar 20193,5032,61656.803.06$206,981
Feb 20193,7152,27250.852.79$195,252
Jan 20194,5312,66446.033.23$217,162
Dec 20184,5692,69946.594.19$224,166
Nov 20184,6602,87652.934.24$258,840
Oct 20185,0252,95161.443.40$318,764
Sep 20185,2584,45859.543.11$326,917
Aug 20186,0723,72959.403.07$372,112
Jul 20185,6463,21965.142.93$377,218
Jun 20185,8052,45960.183.08$356,911
May 20188,2405,08365.382.90$553,476
Apr 20187,4146,31763.842.90$491,634
Mar 20188,8985,19561.222.79$559,213
Feb 201810,5655,11061.782.77$666,841
Jan 201815,2356,31362.874.01$983,135
Dec 201724,5214,73457.272.92$1,418,148
Nov 201714,6302,98855.423.12$820,112

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           363 bbl  × $106.41 =    $38,627
Gas                1,377 Mcf  × $  3.05 =     $4,194

────────────────────────────────────────────────────
Month total                                  $42,821

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/299493 is the state's own key, not one this site invented.