IVY, JIM

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the NAN-SU-GAIL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 190002District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jun 2002 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
288
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
2002-10-08
as the register files it
Field class
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 20 acres. The field rule took effect on 2016-10-11.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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
High Cost Gas112002-09-11148764
NGPA1none

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
CondensateDisposition117 bbl$3,255
GasProduction575,351 Mcf$2,848,237
Total$2,851,492

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 31.6999, -96.0845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69988, -96.08451 · 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
12,950 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 12,950 ft.

1 well

42-16132058112,950 ft

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 (288)

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

288 months

May 20260812106.413.05$2,473
Apr 2026052298.932.87$1,498
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 2025086667.704.27$3,696
Feb 2025063770.884.34$2,765
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 202200115.097.98$0
May 202200109.378.43$0
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 2021029150.412.81$818
Dec 20200044.642.68$0
Nov 2020019438.772.71$525
Oct 2020087636.972.48$2,171
Sep 2020069337.091.99$1,380
Aug 2020072239.982.39$1,722
Jul 2020096038.371.83$1,752
Jun 202001,01634.901.69$1,717
May 2020092516.921.81$1,679
Apr 2020092814.751.80$1,674
Mar 2020046130.341.86$856
Feb 2020031849.881.98$630
Jan 2020049057.252.09$1,026
Dec 2019044959.012.30$1,035
Nov 2019040255.302.75$1,106
Oct 2019054053.472.42$1,306
Sep 2019067655.052.66$1,796
Aug 2019062153.112.30$1,431
Jul 2019068556.272.46$1,685
Jun 2019069552.782.49$1,731
May 2019068158.482.74$1,866
Apr 201901,28062.632.75$3,521
Mar 2019065156.803.06$1,993
Feb 2019054850.852.79$1,530
Jan 2019083446.033.23$2,692
Dec 201801,11246.594.19$4,654
Nov 2018094452.934.24$4,000
Oct 2018095061.443.40$3,228
Sep 2018078459.543.11$2,437
Aug 2018075459.403.07$2,312
Jul 2018072865.142.93$2,134
Jun 2018086460.183.08$2,658
May 2018062165.382.90$1,801
Apr 2018066963.842.90$1,941
Mar 2018065061.222.79$1,811
Feb 2018045061.782.77$1,245
Jan 2018046262.874.01$1,852
Dec 2017071557.272.92$2,089
Nov 2017082355.423.12$2,566
Oct 201701,00849.292.98$3,008
Sep 2017099847.523.09$3,081
Aug 2017096345.373.00$2,893
Jul 2017092843.873.09$2,865
Jun 2017086342.493.09$2,664
May 201701,09945.373.26$3,586
Apr 201701,30447.933.21$4,188
Mar 201701,35446.772.98$4,040
Feb 2017087350.452.95$2,578
Jan 2017051049.413.42$1,744
Dec 2016048948.763.72$1,820
Nov 201601,02642.492.64$2,713
Oct 201601,80646.193.09$5,581
Sep 201601,83141.553.10$5,677
Aug 201601,75941.442.92$5,144
Jul 201601,10641.622.92$3,234
Jun 2016068945.352.69$1,851
May 2016089042.521.99$1,772
Apr 2016089536.561.99$1,782
Mar 201601,00533.011.79$1,803
Feb 201601,04026.472.06$2,146
Jan 201601,10827.352.36$2,620
Dec 2015086832.362.00$1,737
Nov 2015055138.792.17$1,194
Oct 2015079443.552.43$1,927
Sep 2015062542.992.76$1,724
Aug 2015055340.162.87$1,588
Jul 2015066248.152.95$1,950
Jun 201501,67556.152.88$4,829
May 2015027355.212.96$807
Apr 2015037849.822.71$1,023
Mar 2015069942.892.93$2,051
Feb 201504,56944.662.98$13,598
Jan 2015058443.433.10$1,811
Dec 2014058754.693.59$2,108
Nov 2014038470.464.25$1,633
Oct 2014062578.303.90$2,438
Sep 2014076586.164.05$3,095
Aug 2014057989.394.04$2,336
Jul 2014083396.564.18$3,482
Jun 2014090498.164.74$4,282
May 201401,17794.734.73$5,563
Apr 201401,37495.944.81$6,608
Mar 201401,58495.895.06$8,010
Feb 2014078297.406.19$4,842
Jan 2014073890.404.86$3,587
Dec 2013060391.824.35$2,626
Nov 2013051388.853.74$1,918
Oct 2013060397.423.78$2,279
Sep 20130769104.113.72$2,859
Aug 20130946104.253.52$3,332
Jul 201301,080102.523.72$4,015
Jun 201301,67194.403.93$6,573
May 201301,61894.834.15$6,713
Apr 201301,63893.964.28$7,015
Mar 201301,22593.623.91$4,793
Feb 201301,13291.233.42$3,871
Jan 201301,47091.603.42$5,027
Dec 201201,61186.773.42$5,510
Nov 201201,48086.953.62$5,365
Oct 201201,78989.383.40$6,082
Sep 201202,07394.672.92$6,050
Aug 201201,84092.662.91$5,351
Jul 201201,41485.133.02$4,271
Jun 201202,27279.822.52$5,723
May 201201,81991.612.49$4,526
Apr 201201,912101.652.00$3,818
Mar 201202,135105.052.22$4,744
Feb 201202,443101.102.57$6,279
Jan 201201,65098.092.73$4,511
Dec 201101,04796.873.24$3,392
Nov 2011074695.723.31$2,470
Oct 201101,39384.983.65$5,082
Sep 201101,57283.623.99$6,266
Aug 201101,41283.404.15$5,859
Jul 201111,36394.144.52$6,251
Jun 201101,20892.904.64$5,605
May 201101,37398.134.40$6,048
Apr 201101,233105.964.33$5,343
Mar 201101,55396.364.06$6,301
Feb 201101,50285.644.18$6,278
Jan 201101,65186.504.59$7,576
Dec 201001,74485.734.35$7,582
Nov 201001,37180.843.80$5,203
Oct 201001,61078.103.51$5,649
Sep 201001,01372.633.98$4,031
Aug 201001,33073.684.42$5,878
Jul 201001,49472.554.74$7,076
Jun 201001,42770.364.91$7,007
May 201001,39771.124.24$5,917
Apr 201001,36381.694.12$5,619
Mar 201001,24778.394.39$5,473
Feb 2010098673.585.44$5,366
Jan 201001,07974.365.96$6,435
Dec 200901,52871.445.48$8,379
Nov 200901,14274.593.75$4,284
Oct 200901,52672.544.11$6,272
Sep 200901,04765.543.06$3,209
Aug 2009089667.423.22$2,884
Jul 2009062961.133.46$2,179
Jun 2009082366.163.90$3,206
May 2009091854.743.93$3,604
Apr 200901,11246.773.59$3,989
Mar 200901,23742.144.06$5,021
Feb 2009090132.814.63$4,174
Jan 200901,49735.865.37$8,040
Dec 2008024637.105.98$1,470
Nov 2008039255.496.86$2,689
Oct 2008062875.246.92$4,347
Sep 20080758101.767.88$5,971
Aug 20080756114.228.48$6,413
Jul 20080532131.0811.39$6,059
Jun 20080493131.3313.03$6,425
May 200801,154123.1711.57$13,357
Apr 20080883110.3110.45$9,232
Mar 20080836101.909.66$8,079
Feb 2008097692.538.77$8,560
Jan 2008079190.388.21$6,491
Dec 200701,14888.337.30$8,383
Nov 2007076791.677.29$5,593
Oct 2007074482.856.92$5,150
Sep 200701,33375.846.24$8,323
Aug 2007085069.066.39$5,430
Jul 200701,35370.906.39$8,643
Jun 2007057562.007.55$4,340
May 200701,51758.747.85$11,903
Apr 200701,44759.617.81$11,294
Mar 2007086756.927.30$6,331
Feb 200701,93355.108.22$15,882
Jan 200701,23950.306.73$8,335
Dec 2006096856.656.92$6,697
Nov 2006067254.207.62$5,119
Oct 200602,37654.906.01$14,289
Sep 2006075560.085.04$3,803
Aug 200601,96068.717.34$14,386
Jul 200602,52669.376.34$16,022
Jun 200601,67166.286.38$10,667
May 200602,39366.016.42$15,375
Apr 200601,30964.397.36$9,635
Mar 200601,87056.707.08$13,245
Feb 200611,85957.597.75$14,467
Jan 200601,65360.598.93$14,767
Dec 200501,70854.9413.42$22,914
Nov 200501,66854.6910.59$17,661
Oct 200504,05558.3413.80$55,942
Sep 200503,18461.4512.08$38,460
Aug 200503,80761.519.80$37,297
Jul 200502,84155.697.84$22,284
Jun 200502,93252.337.38$21,641
May 200503,46945.226.65$23,073
Apr 200504,72449.207.36$34,771
Mar 200504,12850.377.15$29,535
Feb 200505,36645.226.31$33,870
Jan 200501,95643.166.32$12,366
Dec 200403,15939.866.75$21,327
Nov 200403,11145.286.33$19,694
Oct 200409,79049.706.52$63,783
Sep 200402,67443.245.28$14,129
Aug 200402,92942.375.55$16,258
Jul 200468,74138.286.08$53,412
Jun 200404,55236.106.43$29,283
May 200408,70837.486.49$56,555
Apr 200408,82134.475.86$51,677
Mar 200406,98234.365.53$38,611
Feb 200407,13632.455.51$39,317
Jan 200409,60232.036.30$60,489
Dec 200306,32930.266.30$39,883
Nov 200308,95328.804.60$41,140
Oct 2003010,60828.174.76$50,490
Sep 2003010,15526.314.75$48,230
Aug 200307,39929.765.13$37,955
Jul 200308,08929.415.17$41,827
Jun 2003012,03228.565.98$71,987
May 200309,24826.595.97$55,235
Apr 2003312,37626.675.41$67,001
Mar 200309,82231.146.10$59,875
Feb 2003010,60633.487.93$84,062
Jan 20031111,43630.315.58$64,170
Dec 2002017,50626.914.85$84,970
Nov 200209,59524.664.14$39,694
Oct 20025912,62326.464.23$54,945
Sep 2002618,50427.443.64$67,430
Aug 20021022,52125.963.16$71,520
Jul 2002030,96224.583.06$94,798
Jun 20022031,83223.733.34$106,737

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             0 bbl  × $106.41 =         $0
Gas                  812 Mcf  × $  3.05 =     $2,473

────────────────────────────────────────────────────
Month total                                   $2,473

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. 05/G/190002 is the state's own key, not one this site invented.