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 247587District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jan 2009 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
209
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 Gas112009-06-12192381
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
CondensateDisposition86 bbl$6,914
GasProduction1,372,347 Mcf$5,222,422
Total$5,229,336

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 31.6954, -96.1692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69544, -96.16918 · 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
12,723 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 12,723 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-16134204412,723 ftJan 2009

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 (209)

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

209 months

May 202601,841106.413.05$5,607
Apr 202601,19098.932.87$3,415
Mar 202601,19689.753.15$3,767
Feb 202602,16163.503.75$8,104
Jan 202601,44059.138.00$11,517
Dec 202501,15856.664.41$5,111
Nov 2025081558.593.93$3,200
Oct 202501,14259.383.30$3,774
Sep 202501,04562.743.08$3,215
Aug 202501,61363.933.01$4,863
Jul 202501,34066.743.32$4,442
Jun 202502,07966.483.13$6,505
May 2025059260.553.23$1,914
Apr 202501,03662.363.54$3,671
Mar 202501,12567.704.27$4,802
Feb 202501,02470.884.34$4,445
Jan 2025089574.324.28$3,829
Dec 202401,44568.993.12$4,510
Nov 202402,25569.052.20$4,957
Oct 20240071.372.28$0
Sep 202401,72669.612.36$4,081
Aug 202401,57575.632.06$3,250
Jul 202402,39579.932.15$5,141
Jun 202402,86878.082.63$7,554
May 20240078.812.20$0
Apr 202401,33184.451.66$2,208
Mar 202401,44780.301.55$2,236
Feb 202401,60576.091.78$2,863
Jan 202401,01373.023.30$3,341
Dec 202301,62671.262.61$4,245
Nov 2023065077.892.81$1,825
Oct 202301,74985.443.09$5,400
Sep 202301,91689.042.74$5,240
Aug 2023055980.522.67$1,494
Jul 202302,23874.852.64$5,912
Jun 202301,22668.962.26$2,769
May 202301,75470.622.23$3,907
Apr 202302,42578.122.24$5,427
Mar 202303,32472.852.39$7,955
Feb 202301175.112.47$27
Jan 20230076.533.39$0
Dec 202201,85076.415.73$10,599
Nov 202203,06585.005.65$17,306
Oct 202202,76687.185.86$16,219
Sep 202203,54084.888.16$28,899
Aug 202203,72894.529.13$34,026
Jul 202203,221101.587.54$24,293
Jun 202203,878115.097.98$30,936
May 202204,204109.378.43$35,453
Apr 202203,776104.226.84$25,819
Mar 202202,865108.885.08$14,544
Feb 202201,95991.054.86$9,518
Jan 202202,45981.844.54$11,158
Dec 202102,82971.323.90$11,031
Nov 202103,32677.435.24$17,418
Oct 202102,72679.795.71$15,576
Sep 202102,17569.865.35$11,638
Aug 202103,04566.024.22$12,852
Jul 202103,41270.783.98$13,587
Jun 202103,79269.493.38$12,819
May 202103,10863.483.02$9,379
Apr 202103,32460.362.76$9,169
Mar 202105,57361.302.72$15,142
Feb 202103,93257.805.55$21,815
Jan 202104,28650.412.81$12,045
Dec 202004,32544.642.68$11,571
Nov 202003,81638.772.71$10,328
Oct 202001,90336.972.48$4,716
Sep 202003,07637.091.99$6,124
Aug 202004,12839.982.39$9,846
Jul 202003,56638.371.83$6,508
Jun 202001,85434.901.69$3,134
May 202003,38416.921.81$6,141
Apr 202003,70014.751.80$6,676
Mar 202003,80130.341.86$7,056
Feb 202003,90849.881.98$7,740
Jan 202004,18657.252.09$8,769
Dec 201902,43259.012.30$5,604
Nov 201901,37255.302.75$3,774
Oct 201901,57053.472.42$3,797
Sep 201901,43955.052.66$3,824
Aug 2019061153.112.30$1,408
Jul 201901,22456.272.46$3,011
Jun 201902,24352.782.49$5,588
May 201901,55958.482.74$4,272
Apr 201902,66962.632.75$7,342
Mar 201902,79456.803.06$8,556
Feb 201901,77150.852.79$4,945
Jan 201902,35046.033.23$7,586
Dec 201802,29846.594.19$9,618
Nov 201804,78552.934.24$20,275
Oct 201805,82461.443.40$19,790
Sep 201805,80659.543.11$18,045
Aug 201803,83159.403.07$11,748
Jul 201803,70465.142.93$10,860
Jun 201803,50460.183.08$10,782
May 201804,13065.382.90$11,980
Apr 201804,39663.842.90$12,752
Mar 201805,12561.222.79$14,283
Feb 201804,02161.782.77$11,123
Jan 201804,30662.874.01$17,264
Dec 201705,43657.272.92$15,881
Nov 201705,49955.423.12$17,148
Oct 201704,73149.292.98$14,116
Sep 201703,36047.523.09$10,373
Aug 201703,49145.373.00$10,488
Jul 201705,71643.873.09$17,647
Jun 201705,93842.493.09$18,332
May 201705,14745.373.26$16,797
Apr 201707,90647.933.21$25,391
Mar 201704,97146.772.98$14,832
Feb 201704,20450.452.95$12,413
Jan 201703,90249.413.42$13,340
Dec 201605,95448.763.72$22,166
Nov 201604,61842.492.64$12,212
Oct 201605,23346.193.09$16,171
Sep 201605,33841.553.10$16,551
Aug 201606,26141.442.92$18,309
Jul 201607,42841.622.92$21,722
Jun 201605,07345.352.69$13,625
May 201608,29042.521.99$16,506
Apr 201604,04336.561.99$8,050
Mar 201603,58833.011.79$6,437
Feb 201605,93326.472.06$12,244
Jan 201605,39127.352.36$12,746
Dec 201505,97932.362.00$11,966
Nov 201506,28038.792.17$13,611
Oct 201504,78743.552.43$11,616
Sep 201504,75142.992.76$13,105
Aug 201505,17040.162.87$14,851
Jul 201515,88048.152.95$17,365
Jun 201505,31756.152.88$15,328
May 201517,01755.212.96$20,794
Apr 201506,15549.822.71$16,659
Mar 201507,34242.892.93$21,547
Feb 201506,05944.662.98$18,033
Jan 201504,88443.433.10$15,143
Dec 201408,03954.693.59$28,871
Nov 201405,37770.464.25$22,862
Oct 201403,37278.303.90$13,154
Sep 201406,01186.164.05$24,317
Aug 201405,83889.394.04$23,557
Jul 201406,81096.564.18$28,463
Jun 201405,34798.164.74$25,328
May 201407,22194.734.73$34,130
Apr 201406,09395.944.81$29,302
Mar 201407,42195.895.06$37,527
Feb 201404,34297.406.19$26,886
Jan 201407,56690.404.86$36,776
Dec 201307,14891.824.35$31,126
Nov 201306,06988.853.74$22,688
Oct 201307,17797.423.78$27,124
Sep 201306,210104.113.72$23,087
Aug 201306,777104.253.52$23,873
Jul 201308,043102.523.72$29,902
Jun 201308,25394.403.93$32,462
May 201309,36394.834.15$38,848
Apr 201304,83293.964.28$20,693
Mar 201307,88693.623.91$30,857
Feb 201308,28891.233.42$28,344
Jan 201308,13291.603.42$27,811
Dec 201207,91786.773.42$27,077
Nov 201247,41086.953.62$27,209
Oct 201216,13889.383.40$20,957
Sep 201218,39694.672.92$24,598
Aug 201208,79092.662.91$25,563
Jul 201208,65185.133.02$26,133
Jun 201209,85279.822.52$24,818
May 201218,82891.612.49$22,059
Apr 201218,511101.652.00$17,096
Mar 201249,968105.052.22$22,570
Feb 201206,684101.102.57$17,179
Jan 201219,41098.092.73$25,826
Dec 2011011,14396.873.24$36,100
Nov 201129,44995.723.31$31,480
Oct 201139,76184.983.65$35,868
Sep 2011110,43083.623.99$41,656
Aug 2011312,45683.404.15$51,934
Jul 2011710,50194.144.52$48,095
Jun 2011511,43892.904.64$53,535
May 2011113,34098.134.40$58,858
Apr 2011213,004105.964.33$56,562
Mar 2011415,57496.364.06$63,574
Feb 2011210,87385.644.18$45,620
Jan 2011114,22286.504.59$65,348
Dec 2010210,11885.734.35$44,162
Nov 2010110,32480.843.80$39,264
Oct 2010111,25278.103.51$39,560
Sep 2010412,72272.633.98$50,917
Aug 2010215,31273.684.42$67,817
Jul 2010510,67372.554.74$50,915
Jun 2010211,83870.364.91$58,270
May 2010413,47471.124.24$57,350
Apr 2010110,66181.694.12$44,034
Mar 2010517,86678.394.39$78,800
Feb 2010016,97073.585.44$92,357
Jan 2010016,01774.365.96$95,527
Dec 2009017,98071.445.48$98,598
Nov 2009019,22374.593.75$72,115
Oct 2009025,65372.544.11$105,440
Sep 2009026,46265.543.06$81,099
Aug 2009533,06067.423.22$106,741
Jul 2009221,74961.133.46$75,472
Jun 2009024,88566.163.90$96,927
May 2009032,07954.743.93$125,934
Apr 2009025,86846.773.59$92,801
Mar 2009130,04442.144.06$121,991
Feb 2009040,58232.814.63$188,016
Jan 2009565,02235.865.37$349,412

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                1,841 Mcf  × $  3.05 =     $5,607

────────────────────────────────────────────────────
Month total                                   $5,607

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/247587 is the state's own key, not one this site invented.