IVY "A" GAS UNIT

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

Gas lease lease 247575District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Nov 2008 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
211
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112009-06-12192382
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
CondensateDisposition24 bbl$1,778
GasProduction526,616 Mcf$2,168,643
Total$2,170,421

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 31.6931, -96.1668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69312, -96.16685 · 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
12,721 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 12,721 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-16134189312,721 ftNov 2008

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 (211)

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

211 months

May 20260936106.413.05$2,851
Apr 202601,04998.932.87$3,010
Mar 202601,15689.753.15$3,641
Feb 202601,16963.503.75$4,384
Jan 2026079759.138.00$6,374
Dec 202501,20256.664.41$5,305
Nov 202501,12758.593.93$4,425
Oct 202501,07659.383.30$3,556
Sep 202501,13262.743.08$3,483
Aug 202501,15263.933.01$3,473
Jul 202501,39366.743.32$4,618
Jun 202501,09766.483.13$3,432
May 202501,34660.553.23$4,351
Apr 202501,19762.363.54$4,241
Mar 2025073867.704.27$3,150
Feb 2025063270.884.34$2,743
Jan 202501,02574.324.28$4,386
Dec 2024097968.993.12$3,056
Nov 202401,08869.052.20$2,392
Oct 202401,53971.372.28$3,511
Sep 2024089169.612.36$2,107
Aug 202401,32575.632.06$2,734
Jul 202401,23479.932.15$2,649
Jun 202401,59978.082.63$4,212
May 20240078.812.20$0
Apr 2024018484.451.66$305
Mar 2024096580.301.55$1,491
Feb 2024099776.091.78$1,778
Jan 202401,32673.023.30$4,373
Dec 2023033371.262.61$869
Nov 2023097577.892.81$2,737
Oct 202301,04485.443.09$3,223
Sep 202301,02489.042.74$2,801
Aug 202301,04780.522.67$2,799
Jul 202301,07674.852.64$2,843
Jun 2023088868.962.26$2,006
May 202301,11370.622.23$2,479
Apr 2023071578.122.24$1,600
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 202102157.805.55$117
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 202001,05049.881.98$2,080
Jan 2020080657.252.09$1,688
Dec 2019080059.012.30$1,843
Nov 201901,27255.302.75$3,499
Oct 2019047853.472.42$1,156
Sep 2019053055.052.66$1,408
Aug 2019057953.112.30$1,334
Jul 2019066156.272.46$1,626
Jun 2019092752.782.49$2,309
May 201901,03558.482.74$2,836
Apr 201901,23162.632.75$3,386
Mar 201901,04156.803.06$3,188
Feb 201901,23950.852.79$3,460
Jan 201901,45046.033.23$4,681
Dec 201801,43146.594.19$5,989
Nov 201802,79652.934.24$11,847
Oct 201802,05661.443.40$6,986
Sep 201802,10159.543.11$6,530
Aug 201801,47459.403.07$4,520
Jul 201801,70965.142.93$5,011
Jun 201801,33360.183.08$4,102
May 201801,22565.382.90$3,553
Apr 201801,10663.842.90$3,208
Mar 201801,97861.222.79$5,512
Feb 201802,01761.782.77$5,579
Jan 201801,93362.874.01$7,750
Dec 201702,29957.272.92$6,717
Nov 201701,05455.423.12$3,287
Oct 2017095249.292.98$2,840
Sep 2017097047.523.09$2,995
Aug 201701,00745.373.00$3,025
Jul 2017092843.873.09$2,865
Jun 201701,05542.493.09$3,257
May 201701,15845.373.26$3,779
Apr 201701,36947.933.21$4,397
Mar 2017091346.772.98$2,724
Feb 201701,18450.452.95$3,496
Jan 201701,04349.413.42$3,566
Dec 2016098448.763.72$3,663
Nov 201601,71842.492.64$4,543
Oct 201601,60746.193.09$4,966
Sep 201601,53741.553.10$4,766
Aug 201601,62641.442.92$4,755
Jul 201601,45841.622.92$4,264
Jun 201601,91545.352.69$5,143
May 201601,51342.521.99$3,012
Apr 201601,36836.561.99$2,724
Mar 2016079033.011.79$1,417
Feb 201601,02726.472.06$2,119
Jan 201601,45127.352.36$3,431
Dec 201501,32932.362.00$2,660
Nov 201501,39238.792.17$3,017
Oct 201501,62843.552.43$3,950
Sep 201501,16242.992.76$3,205
Aug 201501,86140.162.87$5,346
Jul 201501,24548.152.95$3,667
Jun 201501,58956.152.88$4,581
May 201501,31655.212.96$3,889
Apr 201501,21249.822.71$3,280
Mar 201501,41842.892.93$4,161
Feb 201501,68844.662.98$5,024
Jan 201502,21443.433.10$6,865
Dec 201402,41154.693.59$8,659
Nov 201402,08670.464.25$8,869
Oct 2014087078.303.90$3,394
Sep 201401,70786.164.05$6,906
Aug 2014092489.394.04$3,728
Jul 201402,65696.564.18$11,101
Jun 201403,01798.164.74$14,291
May 201401,90894.734.73$9,018
Apr 201401,79395.944.81$8,623
Mar 201401,78695.895.06$9,031
Feb 201402,92497.406.19$18,105
Jan 201401,92590.404.86$9,357
Dec 201302,47191.824.35$10,760
Nov 201302,34688.853.74$8,770
Oct 201302,68297.423.78$10,136
Sep 201302,392104.113.72$8,893
Aug 201302,437104.253.52$8,585
Jul 201302,342102.523.72$8,707
Jun 201302,53494.403.93$9,967
May 201301,66594.834.15$6,908
Apr 201301,63893.964.28$7,015
Mar 201302,77593.623.91$10,858
Feb 201302,18491.233.42$7,469
Jan 201301,68891.603.42$5,773
Dec 201202,20686.773.42$7,545
Nov 201211,36286.953.62$5,024
Oct 201212,61389.383.40$8,973
Sep 201213,05894.672.92$9,019
Aug 201203,74592.662.91$10,891
Jul 201204,13685.133.02$12,494
Jun 201203,92779.822.52$9,892
May 201214,12291.612.49$10,348
Apr 201204,094101.652.00$8,175
Mar 201213,127105.052.22$7,053
Feb 201201,756101.102.57$4,513
Jan 201201,69398.092.73$4,629
Dec 201101,78396.873.24$5,776
Nov 201102,38595.723.31$7,897
Oct 201102,93784.983.65$10,716
Sep 201103,02283.623.99$12,045
Aug 201101,06183.404.15$4,402
Jul 201112,10794.144.52$9,612
Jun 201111,15092.904.64$5,429
May 201104,23298.134.40$18,641
Apr 201114,090105.964.33$17,829
Mar 201114,64096.364.06$18,922
Feb 201104,83685.644.18$20,214
Jan 201104,41986.504.59$20,278
Dec 201014,36985.734.35$19,081
Nov 201014,53380.843.80$17,285
Oct 201003,78678.103.51$13,285
Sep 201013,31172.633.98$13,249
Aug 201003,64473.684.42$16,104
Jul 201011,95172.554.74$9,313
Jun 201014,13770.364.91$20,385
May 201014,95271.124.24$21,044
Apr 201003,06681.694.12$12,640
Mar 201015,02778.394.39$22,140
Feb 201002,41673.585.44$13,149
Jan 201003,23074.365.96$19,264
Dec 200906,18371.445.48$33,906
Nov 200906,99274.593.75$26,230
Oct 200904,20172.544.11$17,267
Sep 200907,80565.543.06$23,920
Aug 2009214,20867.423.22$45,863
Jul 200903,32861.133.46$11,530
Jun 200904,45766.163.90$17,360
May 2009017,86554.743.93$70,134
Apr 2009033,41646.773.59$119,880
Mar 200909,45942.144.06$38,394
Feb 2009017,07632.814.63$79,113
Jan 2009448,80035.865.37$262,248
Dec 2008033,21537.105.98$198,531
Nov 2008229,70255.496.86$203,877

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                  936 Mcf  × $  3.05 =     $2,851

────────────────────────────────────────────────────
Month total                                   $2,851

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/247575 is the state's own key, not one this site invented.