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 299806District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.4 M
May 2018 – May 2026
Value, last 12 filed months
$5.4 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-1112025-09-18236095

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
CondensateDisposition248,934 bbl$16,481,613
GasProduction574,205 Mcf$1,923,703
Total$18,405,316

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 28.4242, -99.4011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42419, -99.40109 · 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
8,199 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 8,199 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-1273764881H8,199 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 20268,77315,340106.413.05$980,258
Apr 20268,88113,22998.932.87$916,561
Mar 202610,95512,59589.753.15$1,022,878
Feb 202614,4706,67863.503.75$943,890
Jan 202618,4247,67959.138.00$1,150,827
Dec 202523956.664.41$1,343
Nov 20251058.593.93$59
Oct 20250059.383.30$0
Sep 20257323,89762.743.08$57,916
Aug 20251,1465,24163.933.01$89,064
Jul 20251,3883,32766.743.32$103,665
Jun 20251,3433,08266.483.13$98,925
May 20251,2352,60160.553.23$83,187
Apr 20251,2552,73062.363.54$87,935
Mar 20251,0232,82567.704.27$81,315
Feb 20257222,12970.884.34$60,417
Jan 20259713,44574.324.28$86,905
Dec 20249951,87668.993.12$74,501
Nov 20249023,52269.052.20$70,026
Oct 20241,0153,94071.372.28$81,429
Sep 20248803,60069.612.36$69,769
Aug 20249963,69675.632.06$82,955
Jul 20249863,88579.932.15$87,150
Jun 20249173,71878.082.63$81,393
May 20241,2423,52378.812.20$105,627
Apr 20248703,30984.451.66$78,962
Mar 20248684,84480.301.55$77,185
Feb 20249474,96076.091.78$80,904
Jan 20248985,02273.023.30$82,133
Dec 20239345,00671.262.61$79,626
Nov 20239025,08277.892.81$84,525
Oct 20239775,12985.443.09$99,310
Sep 20239034,85689.042.74$93,684
Aug 20239614,68280.522.67$89,894
Jul 20231,0155,05874.852.64$89,335
Jun 20239804,96568.962.26$78,794
May 20231,0235,07570.622.23$83,548
Apr 20231,0094,81078.122.24$89,587
Mar 20231,0264,83672.852.39$86,317
Feb 20239164,53775.112.47$79,988
Jan 20231,0925,80476.533.39$103,233
Dec 20221,1705,94276.415.73$123,442
Nov 20221,0485,55885.005.65$120,462
Oct 20221,1435,68687.185.86$132,988
Sep 20221,1625,93684.888.16$147,090
Aug 20221,1715,59194.529.13$161,713
Jul 20221,1595,499101.587.54$159,205
Jun 20221,1865,302115.097.98$178,792
May 20221,2495,761109.378.43$185,186
Apr 20221,3685,777104.226.84$182,074
Mar 20221,1314,853108.885.08$147,779
Feb 20221,1334,53091.054.86$125,170
Jan 20221,3224,44781.844.54$128,372
Dec 20211,2505,69071.323.90$111,336
Nov 20211,2055,46577.435.24$121,923
Oct 20211,2846,40179.795.71$139,025
Sep 20211,3437,03169.865.35$131,444
Aug 20211,5076,61666.024.22$127,416
Jul 20211,5847,31970.783.98$141,260
Jun 20211,4656,82369.493.38$124,869
May 20211,4558,39463.483.02$117,694
Apr 20211,5127,37960.362.76$111,619
Mar 20211,6138,19761.302.72$121,148
Feb 20211,1725,44157.805.55$97,928
Jan 20211,6137,70150.412.81$102,953
Dec 20201,8057,69844.642.68$101,171
Nov 20201,7337,91138.772.71$88,600
Oct 20201,8227,82236.972.48$86,746
Sep 20201,8408,27937.091.99$84,729
Aug 20202,3758,98239.982.39$116,375
Jul 20202,1089,07738.371.83$97,451
Jun 20202,53212,36334.901.69$109,264
May 202006516.921.81$118
Apr 20201,8249,67714.751.80$44,365
Mar 20201,95810,30630.341.86$78,536
Feb 20202,02610,33349.881.98$121,523
Jan 20202,06110,84357.252.09$140,706
Dec 20192,10411,15659.012.30$149,864
Nov 20192,35810,51455.302.75$159,318
Oct 20192,56312,50353.472.42$167,283
Sep 20192,64212,63455.052.66$179,014
Aug 201909,94053.112.30$22,905
Jul 20192,98812,01556.272.46$197,692
Jun 2019011,78852.782.49$29,366
May 20190058.482.74$0
Apr 20193,673062.632.75$230,040
Mar 20193,9843,87056.803.06$238,142
Feb 20193,9443,32250.852.79$209,828
Jan 20194,6304,23946.033.23$226,803
Dec 20185,1933,99846.594.19$258,675
Nov 20185,4184,27452.934.24$304,885
Oct 20186,1504,59161.443.40$393,457
Sep 20186,7677,49259.543.11$426,192
Aug 20189,3856,78959.403.07$578,288
Jul 201810,8626,86065.142.93$727,663
Jun 201814,2274,22360.183.08$869,175
May 201814,1212,76065.382.90$931,237

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         8,773 bbl  × $106.41 =   $933,535
Gas               15,340 Mcf  × $  3.05 =    $46,723

────────────────────────────────────────────────────
Month total                                 $980,258

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/299806 is the state's own key, not one this site invented.