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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 300042District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.0 M
Jun 2018 – May 2026
Value, last 12 filed months
$712 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-1112025-10-14237825

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
CondensateDisposition340,947 bbl$20,215,992
GasProduction808,541 Mcf$2,739,549
Total$22,955,541

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 28.4742, -99.3790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47416, -99.37902 · 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
7,770 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 7,770 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-28336183161H7,770 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 20263481,807106.413.05$42,535
Apr 20265602,06098.932.87$61,312
Mar 20262241,99789.753.15$26,393
Feb 20266243,91963.503.75$54,322
Jan 20269095,76659.138.00$99,865
Dec 20257854,99656.664.41$66,527
Nov 20255172,80758.593.93$41,313
Oct 20256954,26859.383.30$55,374
Sep 20257394,55762.743.08$60,386
Aug 20258165,18263.933.01$67,789
Jul 20257413,89466.743.32$62,364
Jun 20258904,69066.483.13$73,841
May 20259686,35260.553.23$79,144
Apr 20257593,59062.363.54$60,051
Mar 20257934,97467.704.27$74,917
Feb 20256033,43570.884.34$57,651
Jan 20258414,24174.324.28$80,649
Dec 20248174,81968.993.12$71,407
Nov 20247245,32669.052.20$61,701
Oct 20247363,26071.372.28$59,966
Sep 20247614,28969.612.36$63,114
Aug 20245823,58975.632.06$51,423
Jul 20247754,34279.932.15$71,266
Jun 20247564,59278.082.63$71,124
May 20248636,53478.812.20$82,378
Apr 20248864,80984.451.66$82,802
Mar 20248644,32180.301.55$76,056
Feb 20247944,51076.091.78$68,460
Jan 20249124,36673.023.30$80,992
Dec 20231,1293,25971.262.61$88,961
Nov 20231,0966,50377.892.81$103,625
Oct 20231,0376,58885.443.09$108,940
Sep 20239707,18889.042.74$106,028
Aug 20231,2607,46380.522.67$121,403
Jul 20231,3218,14874.852.64$120,402
Jun 20231,2237,88868.962.26$102,153
May 20231,3647,44670.622.23$112,911
Apr 20231,2598,35978.122.24$117,059
Mar 20231,2757,75372.852.39$111,438
Feb 20231,1016,39875.112.47$98,472
Jan 20231,2137,43776.533.39$118,025
Dec 20221,2247,63876.415.73$137,285
Nov 20221,1508,33285.005.65$144,794
Oct 20221,2489,01287.185.86$161,645
Sep 20221,3419,29584.888.16$189,705
Aug 20221,4469,55694.529.13$223,895
Jul 20221,4949,690101.587.54$224,843
Jun 20221,3729,332115.097.98$232,347
May 20221,5149,560109.378.43$246,206
Apr 20221,4278,889104.226.84$209,501
Mar 20221,5709,630108.885.08$219,827
Feb 20221,3379,34191.054.86$167,120
Jan 20221,76911,13681.844.54$195,307
Dec 20211,73511,41971.323.90$168,264
Nov 20211,77510,85677.435.24$194,289
Oct 20211,87912,14479.795.71$219,315
Sep 20211,84711,84469.865.35$192,408
Aug 20211,90011,66466.024.22$174,667
Jul 20211,94511,21370.783.98$182,318
Jun 20211,92811,62369.493.38$173,270
May 20212,30612,59463.483.02$184,389
Apr 20212,42611,58860.362.76$178,398
Mar 20212,75012,93761.302.72$203,724
Feb 20211,46610,48257.805.55$142,888
Jan 20212,64213,44850.412.81$170,976
Dec 20203,19114,48944.642.68$181,211
Nov 20202,94914,20038.772.71$152,766
Oct 20203,31514,74936.972.48$159,110
Sep 20202,80413,98637.091.99$131,847
Aug 20203,39815,37339.982.39$172,518
Jul 20203,72515,35338.371.83$170,949
Jun 20205,05911,43134.901.69$195,881
May 202002,15716.921.81$3,914
Apr 20203,07613,54314.751.80$69,808
Mar 20203,96118,28830.341.86$154,123
Feb 20203,91518,39849.881.98$231,721
Jan 20204,38319,68657.252.09$292,164
Dec 20194,82121,36059.012.30$333,708
Nov 20194,57220,82055.302.75$310,101
Oct 20194,94122,60553.472.42$318,866
Sep 20195,14722,91155.052.66$344,223
Aug 2019023,81953.112.30$54,888
Jul 20197,42524,58956.272.46$478,295
Jun 2019023,55052.782.49$58,668
May 20190058.482.74$0
Apr 20199,351062.632.75$585,653
Mar 201910,7411,43156.803.06$614,471
Feb 201911,0241,24050.852.79$564,033
Jan 201914,6631,00746.033.23$678,189
Dec 201816,0861,24846.594.19$754,670
Nov 201818,80389652.934.24$999,039
Oct 201824,8773,45861.443.40$1,540,193
Sep 201827,4792,69059.543.11$1,644,460
Aug 201832,7521,43659.403.07$1,949,872
Jul 201831,4682,88365.142.93$2,058,278
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           348 bbl  × $106.41 =    $37,031
Gas                1,807 Mcf  × $  3.05 =     $5,504

────────────────────────────────────────────────────
Month total                                  $42,535

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/300042 is the state's own key, not one this site invented.