IVEY, B.E.

Operated by IV L.C. (P-5 427181) in the MIDWAY (MAIN MIDWAY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12600District 04Field 61154168OilCasinghead gasSaveExport
Value, all time
$1.8 M
Sep 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
357
no gaps in the span
Streams
2
oil, casinghead 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 17 leases and 34 wells, and the rule below applies to all of them.

Discovered
1937-04-18
as the register files it
Field class
Oil
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 2020-12-08.

The Commission's schedule remark for this field reads: ACRES FOR THE FIELD.

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
OilDisposition27,317 bbl$1,805,479
Casinghead gasProduction801 Mcf$2,887
Total$1,808,366

Wells on this lease (2)

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 27.9496, -97.3584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

27.94963, -97.35840 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,477 ft
2 wells filed one
Completion to plug
29.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 7,438 and 7,515 ft, median 7,477 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1980 – Oct 2003
2 of 2 wells
Plug dates filed
Dec 2020 – Apr 2022
2 of 2 wells

Last completion to plug: a median of 29.7 years across the 2 wells that filed both dates, with the middle half between 24.1 years and 35.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-409311566 A7,438 ftOct 2003Apr 2022Yes
42-409306804A7,515 ftFeb 1980Dec 2020Yes

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 (357)

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

357 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022230115.097.98$2,647
May 20222720109.378.43$29,749
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201793146.772.98$4,353
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160148.763.72$4
Nov 20160142.492.64$3
Oct 201602146.193.09$65
Sep 20160141.553.10$3
Aug 201601541.442.92$44
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20131603097.423.78$15,701
Sep 201317830104.113.72$18,643
Aug 201317031104.253.52$17,832
Jul 2013014102.523.72$52
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012128286.953.62$11,137
Oct 201291089.383.40$8,134
Sep 20120494.672.92$12
Aug 20121783192.662.91$16,584
Jul 20121693185.133.02$14,481
Jun 20123383079.822.52$27,055
May 20121853191.612.49$17,025
Apr 201217130101.652.00$17,442
Mar 201213031105.052.22$13,725
Feb 201233029101.102.57$33,438
Jan 20121633198.092.73$16,073
Dec 20111563196.873.24$15,212
Nov 20110995.723.31$30
Oct 20113653184.983.65$31,131
Sep 20113653083.623.99$30,641
Aug 20111833083.404.15$15,387
Jul 20113366294.144.52$31,911
Jun 201135413192.904.64$33,494
May 20113658298.134.40$36,179
Apr 20111610105.964.33$17,060
Mar 2011344096.364.06$33,148
Feb 2011159085.644.18$13,617
Jan 2011332086.504.59$28,718
Dec 2010300085.734.35$25,719
Nov 2010145080.843.80$11,722
Oct 2010148078.103.51$11,559
Sep 2010147072.633.98$10,677
Aug 2010359073.684.42$26,451
Jul 2010166072.554.74$12,043
Jun 2010174070.364.91$12,243
May 2010323071.124.24$22,972
Apr 2010317081.694.12$25,896
Mar 2010120078.394.39$9,407
Feb 20100073.585.44$0
Jan 2010313074.365.96$23,275
Dec 2009313071.445.48$22,361
Nov 2009315074.593.75$23,496
Oct 2009159072.544.11$11,534
Sep 20090065.543.06$0
Aug 2009418067.423.22$28,182
Jul 2009415061.133.46$25,369
Jun 2009326066.163.90$21,568
May 2009353054.743.93$19,323
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008165037.105.98$6,122
Nov 2008324055.496.86$17,979
Oct 2008179075.246.92$13,468
Sep 20083250101.767.88$33,072
Aug 20081340114.228.48$15,305
Jul 20081340131.0811.39$17,565
Jun 20083260131.3313.03$42,814
May 20081640123.1711.57$20,200
Apr 20083390110.3110.45$37,395
Mar 20083390101.909.66$34,544
Feb 2008545092.538.77$50,429
Jan 2008336090.388.21$30,368
Dec 2007363088.337.30$32,064
Nov 2007328091.677.29$30,068
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007123058.747.85$7,225
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006149054.906.01$8,180
Sep 20060060.085.04$0
Aug 2006485068.717.34$33,324
Jul 2006144069.376.34$9,989
Jun 2006300066.286.38$19,884
May 2006295066.016.42$19,473
Apr 2006146064.397.36$9,401
Mar 2006431056.707.08$24,438
Feb 20060057.597.75$0
Jan 2006288060.598.93$17,450
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005285058.3413.80$16,627
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005286055.697.84$15,927
Jun 2005276052.337.38$14,443
May 2005273045.226.65$12,345
Apr 2005290049.207.36$14,268
Mar 2005285050.377.15$14,355
Feb 2005291045.226.31$13,159
Jan 2005304043.166.32$13,121
Dec 2004299039.866.75$11,918
Nov 2004299045.286.33$13,539
Oct 2004312049.706.52$15,506
Sep 2004306043.245.28$13,231
Aug 2004309042.375.55$13,092
Jul 2004479038.286.08$18,336
Jun 2004506036.106.43$18,267
May 2004292037.486.49$10,944
Apr 2004389034.475.86$13,409
Mar 2004535034.365.53$18,383
Feb 2004308032.455.51$9,995
Jan 2004395032.036.30$12,652
Dec 2003524030.266.30$15,856
Nov 2003554028.804.60$15,955
Oct 2003443028.174.76$12,479
Sep 2003324026.314.75$8,524
Aug 2003345029.765.13$10,267
Jul 20030029.415.17$0
Jun 2003484028.565.98$13,823
May 2003680026.595.97$18,081
Apr 2003172026.675.41$4,587
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$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.

Jun 2022 — as filed, then multipliedworked
Oil                   23 bbl  × $115.09 =     $2,647
Casinghead gas         0 Mcf  × $  7.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,647

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. 04/O/12600 is the state's own key, not one this site invented.