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 256965District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Apr 2010 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
194
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 Gas112010-09-21199569
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
CondensateDisposition92 bbl$7,641
GasProduction1,068,086 Mcf$3,715,244
Total$3,722,885

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 31.6989, -96.1692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69889, -96.16921 · 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
12,734 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 12,734 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-16134498512,734 ftJul 2010

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 (194)

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

194 months

May 20260570106.413.05$1,736
Apr 2026057998.932.87$1,662
Mar 202601,16189.753.15$3,657
Feb 2026045063.503.75$1,688
Jan 2026095859.138.00$7,662
Dec 2025020756.664.41$914
Nov 202501,05858.593.93$4,154
Oct 2025029559.383.30$975
Sep 202501,52862.743.08$4,702
Aug 202502,71463.933.01$8,182
Jul 202503,67066.743.32$12,167
Jun 202501,88766.483.13$5,904
May 202505,22860.553.23$16,899
Apr 202501,43462.363.54$5,081
Mar 202502767.704.27$115
Feb 2025056770.884.34$2,461
Jan 2025062874.324.28$2,687
Dec 2024092568.993.12$2,887
Nov 202401,67769.052.20$3,687
Oct 20240071.372.28$0
Sep 202401,62369.612.36$3,837
Aug 202402,14375.632.06$4,422
Jul 202401,75579.932.15$3,767
Jun 202403,70878.082.63$9,767
May 20240078.812.20$0
Apr 2024041384.451.66$685
Mar 202402,70180.301.55$4,173
Feb 202402,80976.091.78$5,010
Jan 202402,42673.023.30$8,000
Dec 202302,91071.262.61$7,597
Nov 202301,02077.892.81$2,864
Oct 202302,43085.443.09$7,502
Sep 202301,64189.042.74$4,488
Aug 202302,34480.522.67$6,265
Jul 202301,66374.852.64$4,393
Jun 202301,08468.962.26$2,448
May 202301,12870.622.23$2,513
Apr 202303,27978.122.24$7,338
Mar 2023088972.852.39$2,128
Feb 202303,08175.112.47$7,597
Jan 202304,64576.533.39$15,736
Dec 202204476.415.73$252
Nov 202201585.005.65$85
Oct 2022012187.185.86$710
Sep 2022012384.888.16$1,004
Aug 202201294.529.13$110
Jul 202200101.587.54$0
Jun 2022022115.097.98$176
May 20220203109.378.43$1,712
Apr 202201,440104.226.84$9,846
Mar 20220680108.885.08$3,452
Feb 2022081891.054.86$3,975
Jan 202201,10881.844.54$5,028
Dec 2021073371.323.90$2,858
Nov 2021062477.435.24$3,268
Oct 2021078479.795.71$4,480
Sep 202103,27869.865.35$17,540
Aug 202103,65566.024.22$15,426
Jul 202103,60970.783.98$14,371
Jun 202103,23069.493.38$10,919
May 202103,19263.483.02$9,632
Apr 202104,15060.362.76$11,447
Mar 202105,05461.302.72$13,731
Feb 202106,21057.805.55$34,453
Jan 202104,95850.412.81$13,933
Dec 202004,81244.642.68$12,874
Nov 202004,96438.772.71$13,435
Oct 202007,04936.972.48$17,470
Sep 202006,22037.091.99$12,384
Aug 202005,52939.982.39$13,187
Jul 202006,23838.371.83$11,385
Jun 202005,94234.901.69$10,044
May 202005,34916.921.81$9,707
Apr 202005,83214.751.80$10,523
Mar 202006,13930.341.86$11,395
Feb 202003,10549.881.98$6,150
Jan 202004,75357.252.09$9,956
Dec 201904,36559.012.30$10,059
Nov 201904,47755.302.75$12,315
Oct 201904,52853.472.42$10,951
Sep 201904,17555.052.66$11,094
Aug 201904,26153.112.30$9,819
Jul 201904,86856.272.46$11,976
Jun 201905,48552.782.49$13,664
May 201907,02258.482.74$19,243
Apr 201904,93462.632.75$13,572
Mar 201906,51656.803.06$19,953
Feb 201904,78550.852.79$13,361
Jan 201906,45046.033.23$20,822
Dec 201805,03946.594.19$21,090
Nov 201802,31552.934.24$9,809
Oct 201802,86261.443.40$9,725
Sep 201802,65759.543.11$8,258
Aug 201802,87959.403.07$8,829
Jul 201803,75965.142.93$11,021
Jun 201803,64460.183.08$11,212
May 201803,91665.382.90$11,360
Apr 201803,76563.842.90$10,922
Mar 201805,78961.222.79$16,133
Feb 201805,24761.782.77$14,514
Jan 201806,36762.874.01$25,527
Dec 2017019157.272.92$558
Nov 201702,46155.423.12$7,674
Oct 201703,65349.292.98$10,899
Sep 201704,84847.523.09$14,967
Aug 201705,03745.373.00$15,133
Jul 201703,55043.873.09$10,960
Jun 201703,94742.493.09$12,185
May 201703,01045.373.26$9,823
Apr 201706,42547.933.21$20,635
Mar 201703,77746.772.98$11,269
Feb 201704,20850.452.95$12,425
Jan 201705,01449.413.42$17,142
Dec 201605,41848.763.72$20,170
Nov 201604,53042.492.64$11,979
Oct 201604,15746.193.09$12,846
Sep 201604,27741.553.10$13,261
Aug 201604,41841.442.92$12,920
Jul 201603,65741.622.92$10,694
Jun 201605,13645.352.69$13,794
May 201606,08242.521.99$12,110
Apr 201606,00636.561.99$11,958
Mar 201604,93533.011.79$8,853
Feb 201604,19026.472.06$8,647
Jan 201604,29627.352.36$10,157
Dec 201504,49532.362.00$8,996
Nov 201504,06938.792.17$8,819
Oct 201504,25043.552.43$10,313
Sep 201504,88842.992.76$13,483
Aug 201504,75040.162.87$13,644
Jul 201515,47548.152.95$16,172
Jun 201504,61956.152.88$13,316
May 201515,92455.212.96$17,563
Apr 201504,83449.822.71$13,084
Mar 201506,44742.892.93$18,920
Feb 201504,59644.662.98$13,679
Jan 201505,13243.433.10$15,912
Dec 201405,50954.693.59$19,785
Nov 201404,81870.464.25$20,485
Oct 201405,96578.303.90$23,269
Sep 201406,03086.164.05$24,394
Aug 201405,27289.394.04$21,273
Jul 201405,39796.564.18$22,557
Jun 201404,74098.164.74$22,453
May 201406,54994.734.73$30,954
Apr 201407,73695.944.81$37,203
Mar 201407,53695.895.06$38,108
Feb 201405,93497.406.19$36,743
Jan 201406,81490.404.86$33,121
Dec 201306,64791.824.35$28,944
Nov 201306,21488.853.74$23,230
Oct 201307,12897.423.78$26,939
Sep 201307,055104.113.72$26,229
Aug 201307,502104.253.52$26,427
Jul 201306,838102.523.72$25,422
Jun 201307,58594.403.93$29,835
May 201308,15894.834.15$33,848
Apr 201306,25893.964.28$26,800
Mar 201308,13793.623.91$31,839
Feb 201307,18091.233.42$24,555
Jan 201307,68291.603.42$26,272
Dec 201207,63086.773.42$26,096
Nov 201247,40486.953.62$27,187
Oct 201216,79289.383.40$23,180
Sep 201228,19094.672.92$24,091
Aug 201209,32892.662.91$27,127
Jul 2012010,17785.133.02$30,743
Jun 201209,32479.822.52$23,488
May 2012110,25191.612.49$25,599
Apr 2012110,076101.652.00$20,221
Mar 2012410,430105.052.22$23,596
Feb 2012010,017101.102.57$25,746
Jan 2012110,99998.092.73$30,170
Dec 2011010,77096.873.24$34,892
Nov 2011210,75195.723.31$35,791
Oct 2011212,32784.983.65$45,146
Sep 201116,94783.623.99$27,773
Aug 2011211,99783.404.15$49,946
Jul 2011811,12194.144.52$50,989
Jun 2011612,00092.904.64$56,236
May 2011110,44298.134.40$46,093
Apr 2011110,654105.964.33$46,273
Mar 2011211,82496.364.06$48,167
Feb 201118,18785.644.18$34,307
Jan 2011114,64686.504.59$67,294
Dec 2010620,56385.734.35$89,917
Nov 2010220,17680.843.80$76,736
Oct 2010117,02778.103.51$59,824
Sep 2010818,93172.633.98$75,916
Aug 2010424,81473.684.42$109,957
Jul 20101017,73372.554.74$84,718
Jun 2010225,38370.364.91$124,781
May 2010933,31671.124.24$141,741
Apr 2010737,11881.694.12$153,598

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                  570 Mcf  × $  3.05 =     $1,736

────────────────────────────────────────────────────
Month total                                   $1,736

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/256965 is the state's own key, not one this site invented.