RITCHIE FARMS L UNIT

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 299619District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.3 M
May 2018 – May 2026
Value, last 12 filed months
$6.4 M
at the published price for each month
Months reported
97
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-1112025-08-19236093

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
CondensateDisposition232,150 bbl$15,687,603
GasProduction470,045 Mcf$1,593,399
Total$17,281,002

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 28.4231, -99.4023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42308, -99.40226 · 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
8,175 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 8,175 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-1273764779H8,175 ftMay 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 (97)

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

97 months

May 202610,58328,166106.413.05$1,211,926
Apr 202611,37226,45598.932.87$1,200,950
Mar 202613,80525,55489.753.15$1,319,480
Feb 202614,99715,58463.503.75$1,010,754
Jan 202621,90913,13059.138.00$1,400,492
Dec 202523319956.664.41$14,080
Nov 20256058.593.93$352
Oct 20253059.383.30$178
Sep 20255291,98562.743.08$39,297
Aug 20258962,87063.933.01$65,934
Jul 20258992,58066.743.32$68,552
Jun 20257481,80866.483.13$55,384
May 20257482,08760.553.23$52,037
Apr 20257462,60762.363.54$55,757
Mar 20257802,32567.704.27$62,730
Feb 20257002,54070.884.34$60,642
Jan 20255302,00874.324.28$47,981
Dec 20246812,00468.993.12$53,237
Nov 20246412,15669.052.20$49,001
Oct 20247282,59871.372.28$57,884
Sep 20248032,59769.612.36$62,037
Aug 20247632,50975.632.06$62,883
Jul 20247242,38179.932.15$62,980
Jun 20246481,60978.082.63$54,834
May 20246361,74978.812.20$53,968
Apr 20245721,78484.451.66$51,265
Mar 20248493,17780.301.55$73,084
Feb 20248343,63776.091.78$69,946
Jan 20247803,90173.023.30$69,820
Dec 20238463,68971.262.61$69,917
Nov 20238913,64977.892.81$79,645
Oct 20239093,88885.443.09$89,668
Sep 20238313,74489.042.74$84,232
Aug 20238683,66080.522.67$79,674
Jul 20238553,68974.852.64$73,742
Jun 20238172,98468.962.26$63,080
May 20238754,09570.622.23$70,914
Apr 20238663,81078.122.24$76,178
Mar 20239144,10772.852.39$76,414
Feb 20238573,79575.112.47$73,727
Jan 20239463,34276.533.39$83,719
Dec 20221,1143,53076.415.73$105,344
Nov 20229231,75485.005.65$88,358
Oct 20221,0644,45887.185.86$118,900
Sep 20229403,97884.888.16$112,262
Aug 20221,0163,80994.529.13$130,798
Jul 20221,0253,713101.587.54$132,123
Jun 20221,0223,655115.097.98$146,779
May 20221,0313,948109.378.43$146,054
Apr 20221,0263,838104.226.84$133,172
Mar 20221,1443,772108.885.08$143,707
Feb 20229573,04391.054.86$101,920
Jan 20221,1192,63681.844.54$103,540
Dec 20219424,00971.323.90$82,815
Nov 20211,1404,26677.435.24$110,611
Oct 20211,1814,59279.795.71$120,470
Sep 20211,1524,40569.865.35$104,050
Aug 20211,0684,41866.024.22$89,156
Jul 20211,0704,92370.783.98$95,338
Jun 20211,2474,51369.493.38$101,911
May 20211,2025,19663.483.02$91,983
Apr 20211,2514,41360.362.76$87,683
Mar 20211,3855,09161.302.72$98,732
Feb 20211,1103,67257.805.55$84,530
Jan 20211,6585,01450.412.81$97,670
Dec 20201,4254,93144.642.68$76,805
Nov 20201,4945,43838.772.71$72,641
Oct 20201,5475,36336.972.48$70,484
Sep 20201,5505,66037.091.99$68,759
Aug 20201,6356,14239.982.39$80,017
Jul 20201,7666,39638.371.83$79,435
Jun 20202,3368,06234.901.69$95,154
May 202003316.921.81$60
Apr 20201,5766,77814.751.80$35,476
Mar 20201,7817,68830.341.86$68,306
Feb 20201,7267,50349.881.98$100,954
Jan 20201,9568,11757.252.09$128,984
Dec 20191,8448,22959.012.30$127,777
Nov 20192,0937,62355.302.75$136,711
Oct 20192,2299,32753.472.42$141,742
Sep 20192,3328,46755.052.66$150,876
Aug 201905,54053.112.30$12,766
Jul 20192,3047,40156.272.46$147,853
Jun 201908,26852.782.49$20,597
May 20190058.482.74$0
Apr 20193,011062.632.75$188,579
Mar 20193,4323,50956.803.06$205,683
Feb 20192,8092,03550.852.79$148,520
Jan 20193,7223,18046.033.23$181,589
Dec 20184,1982,95846.594.19$207,965
Nov 20184,6533,40952.934.24$260,728
Oct 20185,1743,72561.443.40$330,548
Sep 20184,8095,85359.543.11$304,519
Aug 20188,1555,03559.403.07$499,847
Jul 20189,5825,41965.142.93$640,059
Jun 201812,3363,72660.183.08$753,845
May 201815,2703,13265.382.90$1,007,438

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        10,583 bbl  × $106.41 = $1,126,137
Gas               28,166 Mcf  × $  3.05 =    $85,789

────────────────────────────────────────────────────
Month total                               $1,211,926

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/299619 is the state's own key, not one this site invented.