BIVINS GAS UNIT 1

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145980District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
May 1993 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
397
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111993-09-14128046
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
CondensateDisposition7,969 bbl$293,918
GasProduction1,181,513 Mcf$3,204,865
Total$3,498,783

467,074 Mcf of this lease's gas, across 41 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4153, -94.5557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41527, -94.55570 · 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
10,410 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 10,410 ft.

Completions filed
May 1993
1 of 1 wells

1 well

42-20332153210,410 ftMay 1993

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 (397)

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

397 months

May 20260540106.413.05$1,645
Apr 2026037598.932.87$1,076
Mar 2026048689.753.15$1,531
Feb 2026062763.503.75$2,351
Jan 2026071259.138.00$5,695
Dec 2025082456.664.41$3,637
Nov 2025019758.593.93$774
Oct 2025023259.383.30$767
Sep 2025046062.743.08$1,415
Aug 2025082563.933.01$2,487
Jul 2025069366.743.32$2,297
Jun 2025035066.483.13$1,095
May 2025053360.553.23$1,723
Apr 2025052562.363.54$1,860
Mar 2025069967.704.27$2,984
Feb 202501,19970.884.34$5,205
Jan 202501,42074.324.28$6,076
Dec 2024049868.993.12$1,554
Nov 2024018669.052.20$409
Oct 2024048371.372.28$1,102
Sep 2024064669.612.36$1,527
Aug 2024059475.632.06$1,226
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202401,53784.451.66$2,550
Mar 2024060680.301.55$936
Feb 2024053476.091.78$952
Jan 2024349773.023.30$1,858
Dec 2023061871.262.61$1,613
Nov 202351,04477.892.81$3,321
Oct 2023076785.443.09$2,368
Sep 2023457289.042.74$1,921
Aug 2023569580.522.67$2,260
Jul 2023062074.852.64$1,638
Jun 2023460968.962.26$1,651
May 2023066370.622.23$1,477
Apr 2023467078.122.24$1,812
Mar 2023562572.852.39$1,860
Feb 2023093975.112.47$2,315
Jan 2023459876.533.39$2,332
Dec 2022652976.415.73$3,489
Nov 2022078685.005.65$4,438
Oct 2022852387.185.86$3,764
Sep 2022101,43384.888.16$12,547
Aug 202201,43494.529.13$13,088
Jul 2022101,473101.587.54$12,125
Jun 202201,389115.097.98$11,080
May 2022101,382109.378.43$12,748
Apr 2022141,707104.226.84$13,131
Mar 2022132,300108.885.08$13,091
Feb 202202,02591.054.86$9,839
Jan 2022131,75281.844.54$9,014
Dec 2021132,08571.323.90$9,057
Nov 202102,23977.435.24$11,725
Oct 202181,81079.795.71$10,980
Sep 2021597769.865.35$5,577
Aug 202151,05666.024.22$4,787
Jul 2021097970.783.98$3,898
Jun 2021483769.493.38$3,108
May 2021669063.483.02$2,463
Apr 202171,30560.362.76$4,022
Mar 202171,19361.302.72$3,670
Feb 2021185657.805.55$4,807
Jan 202107650.412.81$214
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 20202014.751.80$30
Mar 2020357130.341.86$1,151
Feb 2020392149.881.98$1,974
Jan 2020312257.252.09$427
Dec 2019694759.012.30$2,536
Nov 201951,61655.302.75$4,722
Oct 2019186053.472.42$2,133
Sep 2019087255.052.66$2,317
Aug 2019089953.112.30$2,072
Jul 201901,02356.272.46$2,517
Jun 2019094352.782.49$2,349
May 2019090358.482.74$2,475
Apr 2019093262.632.75$2,564
Mar 2019088256.803.06$2,701
Feb 2019087050.852.79$2,429
Jan 2019099146.033.23$3,199
Dec 2018094046.594.19$3,934
Nov 2018254252.934.24$2,402
Oct 2018456361.443.40$2,159
Sep 2018338859.543.11$1,385
Aug 2018453159.403.07$1,866
Jul 2018443765.142.93$1,542
Jun 2018467960.183.08$2,330
May 2018555665.382.90$1,940
Apr 2018466563.842.90$2,184
Mar 2018568361.222.79$2,210
Feb 2018461561.782.77$1,948
Jan 2018230262.874.01$1,337
Dec 20171267857.272.92$2,668
Nov 20171177855.423.12$3,036
Oct 20171378449.292.98$2,980
Sep 20171482347.523.09$3,206
Aug 20171590345.373.00$3,394
Jul 20171295543.873.09$3,475
Jun 20171386242.493.09$3,214
May 20171284445.373.26$3,299
Apr 20171481747.933.21$3,295
Mar 20172680046.772.98$3,603
Feb 20171475350.452.95$2,930
Jan 20171586149.413.42$3,685
Dec 20161692448.763.72$4,220
Nov 2016791142.492.64$2,706
Oct 2016999646.193.09$3,494
Sep 201651,00841.553.10$3,333
Aug 201641,06141.442.92$3,268
Jul 201641,10341.622.92$3,392
Jun 201651,02545.352.69$2,980
May 201651,23442.521.99$2,670
Apr 201651,11336.561.99$2,399
Mar 201681,08433.011.79$2,209
Feb 2016599826.472.06$2,192
Jan 201661,07127.352.36$2,696
Dec 201561,47432.362.00$3,144
Nov 201591,23338.792.17$3,021
Oct 201501,35243.552.43$3,281
Sep 201501,37042.992.76$3,779
Aug 201501,27740.162.87$3,668
Jul 201501,40348.152.95$4,132
Jun 201501,19256.152.88$3,436
May 201501,31055.212.96$3,872
Apr 201501,21649.822.71$3,291
Mar 2015093542.892.93$2,744
Feb 2015082644.662.98$2,458
Jan 201501,06443.433.10$3,299
Dec 201441,04254.693.59$3,961
Nov 2014390870.464.25$4,072
Oct 2014793878.303.90$4,207
Sep 201441,33586.164.05$5,745
Aug 2014101,22489.394.04$5,833
Jul 201451,87596.564.18$8,320
Jun 201491,74198.164.74$9,130
May 2014142,12194.734.73$11,351
Apr 2014101,71595.944.81$9,207
Mar 201481,12595.895.06$6,456
Feb 2014101,30097.406.19$9,024
Jan 2014101,22490.404.86$6,854
Dec 201361,74791.824.35$8,158
Nov 201301,77588.853.74$6,635
Oct 201301,68497.423.78$6,364
Sep 201301,270104.113.72$4,722
Aug 201301,357104.253.52$4,780
Jul 201301,186102.523.72$4,409
Jun 201301,31994.403.93$5,188
May 201301,54794.834.15$6,419
Apr 201301,24893.964.28$5,345
Mar 201301,46993.623.91$5,748
Feb 201301,37391.233.42$4,696
Jan 201311,53191.603.42$5,327
Dec 201271,08386.773.42$4,311
Nov 201271,24786.953.62$5,129
Oct 201271,18789.383.40$4,661
Sep 201241,20694.672.92$3,898
Aug 201281,22792.662.91$4,310
Jul 201261,47685.133.02$4,969
Jun 201271,16079.822.52$3,481
May 201271,32191.612.49$3,928
Apr 201291,423101.652.00$3,756
Mar 201271,373105.052.22$3,786
Feb 20126819101.102.57$2,712
Jan 201281,18198.092.73$4,014
Dec 201171,60496.873.24$5,875
Nov 201191,41095.723.31$5,530
Oct 201131,60584.983.65$6,111
Sep 201131,22083.623.99$5,114
Aug 201141,41983.404.15$6,221
Jul 201141,35494.144.52$6,493
Jun 201151,78392.904.64$8,737
May 201152,07798.134.40$9,639
Apr 201191,960105.964.33$9,447
Mar 201141,69796.364.06$7,271
Feb 201171,66885.644.18$7,572
Jan 201141,77286.504.59$8,477
Dec 201091,78785.734.35$8,541
Nov 201041,63280.843.80$6,517
Oct 201061,52578.103.51$5,820
Sep 201031,13172.633.98$4,719
Aug 201081,32673.684.42$6,450
Jul 201041,92572.554.74$9,408
Jun 201041,68970.364.91$8,575
May 201091,85671.124.24$8,501
Apr 201092,50181.694.12$11,046
Mar 201062,23478.394.39$10,275
Feb 201072,08173.585.44$11,841
Jan 201072,82774.365.96$17,381
Dec 200983,26871.445.48$18,492
Nov 20091074.593.75$75
Oct 200925972.544.11$388
Sep 200931,38365.543.06$4,435
Aug 200941,27167.423.22$4,360
Jul 200951,36761.133.46$5,042
Jun 200971,94066.163.90$8,019
May 200952,40054.743.93$9,696
Apr 200902,16646.773.59$7,771
Mar 200901,97342.144.06$8,008
Feb 200901,69932.814.63$7,871
Jan 200902,49735.865.37$13,411
Dec 200802,47837.105.98$14,811
Nov 200804,43855.496.86$30,446
Oct 200802,96275.246.92$20,503
Sep 200802,696101.767.88$21,237
Aug 200802,304114.228.48$19,545
Jul 200802,841131.0811.39$32,357
Jun 200802,731131.3313.03$35,592
May 200802,975123.1711.57$34,434
Apr 200802,476110.3110.45$25,886
Mar 200803,042101.909.66$29,398
Feb 200801,11592.538.77$9,779
Jan 2008167690.388.21$5,637
Dec 200736,84088.337.30$50,210
Nov 20071133,85091.677.29$38,432
Oct 20075021,70882.856.92$53,413
Sep 20071481,07475.846.24$17,931
Aug 20071421,38969.066.39$18,679
Jul 20072101,30270.906.39$23,206
Jun 2007251,40062.007.55$12,118
May 2007202,97558.747.85$24,517
Apr 2007282,19159.617.81$18,770
Mar 2007262,61356.927.30$20,560
Feb 2007211,80055.108.22$15,946
Jan 2007222,43750.306.73$17,500
Dec 2006232,57956.656.92$19,146
Nov 2006323,05154.207.62$24,975
Oct 200682,09254.906.01$13,020
Sep 2006242,24960.085.04$12,771
Aug 2006304,13068.717.34$32,375
Jul 2006143,25569.376.34$21,617
Jun 2006273,09566.286.38$21,548
May 2006203,36666.016.42$22,947
Apr 20061574,06464.397.36$40,022
Mar 2006821,10556.707.08$12,476
Feb 2006632,92457.597.75$26,292
Jan 2006704,08460.598.93$40,725
Dec 2005702,93254.9413.42$43,180
Nov 2005192,84754.6910.59$31,184
Oct 2005152,88658.3413.80$40,690
Sep 2005133,13161.4512.08$38,618
Aug 200501,94161.519.80$19,016
Jul 200502,80555.697.84$22,001
Jun 200502,68352.337.38$19,803
May 200503,02245.226.65$20,100
Apr 200502,75249.207.36$20,256
Mar 20051773,33550.377.15$32,777
Feb 200503,09745.226.31$19,548
Jan 200503,01243.166.32$19,042
Dec 200401,13139.866.75$7,635
Nov 200402,51245.286.33$15,902
Oct 200403,06049.706.52$19,936
Sep 200403,34243.245.28$17,659
Aug 200402,93642.375.55$16,297
Jul 200403,07738.286.08$18,721
Jun 200402,96236.106.43$19,055
May 200403,25437.486.49$21,133
Apr 200403,29534.475.86$19,304
Mar 200403,06834.365.53$16,966
Feb 200402,53132.455.51$13,945
Jan 200402,57832.036.30$16,240
Dec 200303,04930.266.30$19,214
Nov 200303,27728.804.60$15,058
Oct 200302,81828.174.76$13,413
Sep 200303,32326.314.75$15,782
Aug 200303,28829.765.13$16,867
Jul 200303,39729.415.17$17,565
Jun 200303,12628.565.98$18,703
May 200302,97626.595.97$17,775
Apr 200302,95526.675.41$15,979
Mar 200303,12031.146.10$19,020
Feb 200302,94533.487.93$23,342
Jan 200303,72430.315.58$20,788
Dec 200202,35126.914.85$11,411
Nov 200203,17424.664.14$13,131
Oct 200203,08626.464.23$13,051
Sep 200203,38527.443.64$12,305
Aug 200203,75125.963.16$11,869
Jul 200203,03124.583.06$9,280
Jun 200203,85523.733.34$12,869
May 200202,97624.663.58$10,666
Apr 20021933,39323.653.51$16,482
Mar 200202,91922.003.10$9,057
Feb 200202,75918.222.38$6,555
Jan 200204,66217.172.38$11,075
Dec 200101,57616.932.36$3,726
Nov 200102,90618.072.41$6,990
Oct 200104,00019.782.53$10,116
Sep 200104,53524.262.25$10,210
Aug 200103,06024.873.05$9,343
Jul 200105,42323.933.20$17,338
Jun 200105,48224.563.82$20,964
May 200105,01425.524.31$21,597
Apr 2001844,12424.685.34$24,076
Mar 200102,56124.545.38$13,769
Feb 200101,51327.755.77$8,726
Jan 200101,51727.478.40$12,741
Dec 2000913,92726.889.12$38,270
Nov 200003,75032.215.66$21,218
Oct 200002,98231.235.15$15,344
Sep 200003,02931.875.19$15,710
Aug 20001743,74129.644.54$22,144
Jul 200003,96228.534.09$16,204
Jun 200003,72929.304.40$16,397
May 200003,69227.263.68$13,586
Apr 200003,81424.513.12$11,884
Mar 200004,71428.422.86$13,481
Feb 200004,69827.622.73$12,809
Jan 200004,69425.272.48$11,643
Dec 19991703,31824.282.42$12,170
Nov 1999036623.192.43$891
Oct 199903,52720.982.80$9,889
Sep 199904,38921.752.62$11,494
Aug 199903,62219.262.88$10,415
Jul 199905,49217.892.37$13,029
Jun 199904,02315.942.36$9,503
May 199903,22515.792.32$7,485
Apr 19991822,40715.102.21$8,063
Mar 199905,36012.471.84$9,853
Feb 199902,7279.981.82$4,957
Jan 199904,58610.381.90$8,713
Dec 199803,7319.201.77$6,616
Nov 199805,16710.892.19$11,294
Oct 199805,37712.421.97$10,588
Sep 19981384,89812.592.08$11,938
Aug 199805,56211.301.91$10,609
Jul 199805,73511.742.24$12,831
Jun 199805,02111.242.24$11,233
May 199804,86912.622.21$10,743
Apr 199804,65513.042.51$11,662
Mar 1998954,96612.802.31$12,685
Feb 199805,00113.952.30$11,498
Jan 199805,06414.702.15$10,912
Dec 1997974,80116.322.41$13,159
Nov 199705,78818.193.09$17,875
Oct 199704,14419.253.15$13,053
Sep 199705,59217.742.95$16,524
Aug 199706,24217.862.55$15,947
Jul 199705,86217.582.25$13,172
Jun 199704,94017.242.26$11,151
May 1997523,68318.972.31$9,489
Apr 1997554,01617.882.08$9,348
Mar 199703,88918.951.94$7,541
Feb 1997644,25520.492.21$10,697
Jan 199704,17223.483.54$14,768
Dec 1996585,10023.32$1,353
Nov 19962624,64521.97$5,756
Oct 199605,21923.31$0
Sep 199606,12322.22$0
Aug 199606,48520.26$0
Jul 199616,83519.55$20
Jun 19961516,61718.73$2,828
May 199607,50819.43$0
Apr 199667,24821.51$129
Mar 19961978,61819.38$3,818
Feb 199607,45016.98$0
Jan 199619,37717.07$17
Dec 199518413,64717.19$3,163
Nov 199508,83016.00$0
Oct 19950015.43$0
Sep 199508,69316.18$0
Aug 1995060115.92$0
Jul 1995168315.24$15
Jun 199548,24416.41$66
May 19951868,72817.56$3,266
Apr 199559,00417.73$89
Mar 19951919,15216.44$3,140
Feb 199567,93916.58$99
Jan 199518710,74115.92$2,977
Dec 199477,82015.03$105
Nov 1994710,05815.90$111
Oct 1994711,23115.58$109
Sep 199419711,87215.29$3,012
Aug 1994812,61116.13$129
Jul 1994811,96417.56$140
Jun 199418413,27417.09$3,145
May 19941312,98715.88$206
Apr 199419113,83014.14$2,701
Mar 199418016,70712.46$2,243
Feb 19941415,04212.50$175
Jan 199420016,74912.66$2,532
Dec 199320419,00412.33$2,515
Nov 199321918,39714.49$3,173
Oct 199319022,84015.85$3,012
Sep 199318224,41415.03$2,735
Aug 199318428,90815.66$2,881
Jul 199317231,87915.46$2,659
Jun 19930016.79$0
May 19930017.68$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  540 Mcf  × $  3.05 =     $1,645

────────────────────────────────────────────────────
Month total                                   $1,645

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. 06/G/145980 is the state's own key, not one this site invented.