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 150701District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Oct 1993 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
392
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 Gas112010-06-11198445
NGPA2none

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
CondensateDisposition4,876 bbl$330,039
GasProduction753,262 Mcf$3,263,680
Total$3,593,719

23,969 Mcf of this lease's gas, across 3 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 32.4234, -94.5652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42338, -94.56521 · 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
10,415 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 10,415 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-20332170310,415 ftNov 2007

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 (392)

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

392 months

May 2026151,305106.413.05$5,571
Apr 202601,31198.932.87$3,762
Mar 2026141,38089.753.15$5,603
Feb 2026121,34363.503.75$5,799
Jan 202601,29159.138.00$10,325
Dec 202561,31356.664.41$6,135
Nov 202501,27258.593.93$4,994
Oct 20251199959.383.30$3,955
Sep 2025099062.743.08$3,046
Aug 202571,29563.933.01$4,352
Jul 202501,55566.743.32$5,155
Jun 2025886366.483.13$3,232
May 202501,25560.553.23$4,057
Apr 2025151,44862.363.54$6,066
Mar 202501,40567.704.27$5,997
Feb 202571,37970.884.34$6,482
Jan 202501,78274.324.28$7,625
Dec 202401,46268.993.12$4,563
Nov 202401,34969.052.20$2,966
Oct 202401,46671.372.28$3,345
Sep 202401,06469.612.36$2,516
Aug 2024048875.632.06$1,007
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024041984.451.66$695
Mar 2024073980.301.55$1,142
Feb 2024067776.091.78$1,208
Jan 2024376373.023.30$2,735
Dec 2023064371.262.61$1,679
Nov 20231066377.892.81$2,640
Oct 202301,02185.443.09$3,152
Sep 20231192989.042.74$3,520
Aug 2023131,17580.522.67$4,187
Jul 202301,16974.852.64$3,088
Jun 2023101,08668.962.26$3,142
May 2023078370.622.23$1,744
Apr 202391,07878.122.24$3,115
Mar 20231093372.852.39$2,961
Feb 2023079375.112.47$1,955
Jan 20231195776.533.39$4,084
Dec 2022211,27476.415.73$8,903
Nov 2022271,22185.005.65$9,189
Oct 202281,00887.185.86$6,608
Sep 2022766384.888.16$6,007
Aug 2022076694.529.13$6,991
Jul 20227815101.587.54$6,858
Jun 20220716115.097.98$5,712
May 20226873109.378.43$8,018
Apr 20226632104.226.84$4,947
Mar 20226815108.885.08$4,791
Feb 2022065791.054.86$3,192
Jan 20221153481.844.54$3,323
Dec 2021381871.323.90$3,403
Nov 2021054677.435.24$2,859
Oct 2021761579.795.71$4,073
Sep 202131,08669.865.35$6,021
Aug 2021453266.024.22$2,509
Jul 2021065270.783.98$2,596
Jun 2021458069.493.38$2,239
May 2021550863.483.02$1,850
Apr 2021579660.362.76$2,498
Mar 2021573561.302.72$2,303
Feb 20211447757.805.55$3,456
Jan 2021061650.412.81$1,731
Dec 2020464544.642.68$1,904
Nov 2020565838.772.71$1,975
Oct 202051,40036.972.48$3,655
Sep 202031,28637.091.99$2,672
Aug 202081,19339.982.39$3,165
Jul 2020389938.371.83$1,756
Jun 2020161,26334.901.69$2,693
May 202031,54816.921.81$2,860
Apr 202072,03714.751.80$3,779
Mar 202071,58430.341.86$3,153
Feb 202061,72549.881.98$3,716
Jan 2020551657.252.09$1,367
Dec 201961,58359.012.30$4,002
Nov 201961,53155.302.75$4,543
Oct 2019101,65553.472.42$4,537
Sep 2019101,12855.052.66$3,548
Aug 20191290353.112.30$2,718
Jul 201901,09456.272.46$2,691
Jun 2019121,06952.782.49$3,296
May 2019111,19158.482.74$3,907
Apr 2019111,11962.632.75$3,767
Mar 201991,02456.803.06$3,647
Feb 20191290750.852.79$3,143
Jan 2019151,10746.033.23$4,264
Dec 2018171,48246.594.19$6,995
Nov 2018131,27852.934.24$6,103
Oct 2018101,37661.443.40$5,290
Sep 201881,14759.543.11$4,041
Aug 201891,39259.403.07$4,803
Jul 201881,27465.142.93$4,256
Jun 201871,26560.183.08$4,314
May 201871,09965.382.90$3,646
Apr 201861,13063.842.90$3,661
Mar 2018892761.222.79$3,073
Feb 201881,12561.782.77$3,606
Jan 201871,30562.874.01$5,672
Dec 201701,22257.272.92$3,570
Nov 2017092155.423.12$2,872
Oct 201701,02349.292.98$3,052
Sep 2017085147.523.09$2,627
Aug 2017095545.373.00$2,869
Jul 201701,04643.873.09$3,229
Jun 201701,08642.493.09$3,353
May 201701,20645.373.26$3,936
Apr 201701,14247.933.21$3,668
Mar 2017093146.772.98$2,778
Feb 2017084850.452.95$2,504
Jan 2017092949.413.42$3,176
Dec 201601,00848.763.72$3,753
Nov 201641,15642.492.64$3,227
Oct 2016111,69646.193.09$5,749
Sep 201641,68941.553.10$5,403
Aug 201641,49141.442.92$4,526
Jul 201641,24141.622.92$3,796
Jun 201641,10145.352.69$3,139
May 201651,48142.521.99$3,161
Apr 201661,08236.561.99$2,374
Mar 2016121,67433.011.79$3,399
Feb 201661,93526.472.06$4,152
Jan 201651,57927.352.36$3,870
Dec 201551,60332.362.00$3,370
Nov 201531,37638.792.17$3,099
Oct 201501,42943.552.43$3,468
Sep 201501,51142.992.76$4,168
Aug 201501,70240.162.87$4,889
Jul 201501,58548.152.95$4,668
Jun 201501,51956.152.88$4,379
May 201501,82255.212.96$5,385
Apr 201501,78249.822.71$4,823
Mar 201501,55942.892.93$4,575
Feb 201501,16044.662.98$3,452
Jan 201501,63243.433.10$5,060
Dec 2014251,71154.693.59$7,512
Nov 2014191,82670.464.25$9,103
Oct 2014391,97578.303.90$10,758
Sep 2014201,93786.164.05$9,559
Aug 2014412,14989.394.04$12,336
Jul 2014181,96096.564.18$9,930
Jun 2014331,83098.164.74$11,908
May 2014351,85994.734.73$12,102
Apr 2014391,51995.944.81$11,047
Mar 2014421,80795.895.06$13,165
Feb 2014431,75197.406.19$15,030
Jan 2014431,97190.404.86$13,468
Dec 2013511,95691.824.35$13,200
Nov 2013582,18588.853.74$13,321
Oct 2013522,25497.423.78$13,585
Sep 2013281,938104.113.72$10,120
Aug 2013552,478104.253.52$14,463
Jul 2013572,435102.523.72$14,896
Jun 2013532,33894.403.93$14,200
May 2013772,46494.834.15$17,525
Apr 2013832,35193.964.28$17,867
Mar 2013572,46193.623.91$14,966
Feb 2013842,29991.233.42$15,526
Jan 2013512,84391.603.42$14,394
Dec 2012191,46886.773.42$6,669
Nov 2012181,72686.953.62$7,822
Oct 2012181,90089.383.40$8,068
Sep 2012111,69694.672.92$5,991
Aug 2012252,11392.662.91$8,461
Jul 2012192,19385.133.02$8,242
Jun 2012242,04479.822.52$7,065
May 2012232,14691.612.49$7,447
Apr 2012282,274101.652.00$7,387
Mar 2012212,088105.052.22$6,846
Feb 2012251,890101.102.57$7,385
Jan 2012302,10698.092.73$8,701
Dec 2011242,87596.873.24$11,639
Nov 2011602,40395.723.31$13,700
Oct 2011443,60584.983.65$16,892
Sep 2011423,41383.623.99$17,116
Aug 2011403,53183.404.15$17,987
Jul 2011412,91794.144.52$17,037
Jun 2011443,09992.904.64$18,467
May 2011463,57998.134.40$20,279
Apr 2011853,558105.964.33$24,424
Mar 2011453,82796.364.06$19,864
Feb 2011833,37385.644.18$21,207
Jan 2011383,87486.504.59$21,064
Dec 2010683,81185.734.35$22,399
Nov 2010272,99280.843.80$13,538
Oct 2010553,26778.103.51$15,759
Sep 2010272,96472.633.98$13,756
Aug 2010533,28173.684.42$18,405
Jul 2010293,29072.554.74$17,687
Jun 2010253,52170.364.91$19,049
May 2010553,51771.124.24$18,807
Apr 2010513,55481.694.12$18,818
Mar 2010403,76378.394.39$19,650
Feb 2010443,80473.585.44$23,940
Jan 2010474,84474.365.96$32,385
Dec 2009525,76771.445.48$35,340
Nov 20097074.593.75$522
Oct 20092415772.544.11$2,386
Sep 2009244,00565.543.06$13,847
Aug 2009514,48667.423.22$17,877
Jul 2009434,14261.133.46$16,979
Jun 2009453,71366.163.90$17,439
May 2009314,22454.743.93$18,279
Apr 200903,71746.773.59$13,335
Mar 200904,04842.144.06$16,431
Feb 200903,75932.814.63$17,415
Jan 200904,38035.865.37$23,525
Dec 200803,98237.105.98$23,801
Nov 200805,78055.496.86$39,653
Oct 200805,98675.246.92$41,435
Sep 200805,708101.767.88$44,962
Aug 200806,309114.228.48$53,519
Jul 200805,930131.0811.39$67,539
Jun 200805,408131.3313.03$70,480
May 200804,083123.1711.57$47,258
Apr 200804,875110.3110.45$50,967
Mar 200804,742101.909.66$45,827
Feb 200805,22292.538.77$45,800
Jan 200806,34090.388.21$52,024
Dec 200703,16688.337.30$23,118
Nov 20070091.677.29$0
Oct 200702,26982.856.92$15,706
Sep 200702,71575.846.24$16,953
Aug 200701,62169.066.39$10,355
Jul 2007495370.906.39$6,371
Jun 2007481,44662.007.55$13,891
May 2007433,06058.747.85$26,535
Apr 2007662,42759.617.81$22,877
Mar 2007673,43856.927.30$28,918
Feb 2007572,13555.108.22$20,682
Jan 2007723,52150.306.73$27,307
Dec 2006464,38556.656.92$32,943
Nov 200604,91354.207.62$37,425
Oct 200605,44254.906.01$32,727
Sep 200609,18360.085.04$46,257
Aug 2006011,89268.717.34$87,286
Jul 2006080669.376.34$5,112
Jun 200601,23466.286.38$7,878
May 200611,17566.016.42$7,615
Apr 2006141,93364.397.36$15,129
Mar 2006821256.707.08$1,955
Feb 200671,80357.597.75$14,378
Jan 200661,96760.598.93$17,935
Dec 200561,19054.9413.42$16,294
Nov 200501,06954.6910.59$11,319
Oct 200501,08858.3413.80$15,010
Sep 200501,41861.4512.08$17,128
Aug 2005099361.519.80$9,728
Jul 2005086955.697.84$6,816
Jun 2005088152.337.38$6,503
May 2005081545.226.65$5,421
Apr 2005088349.207.36$6,499
Mar 20058987650.377.15$10,751
Feb 2005091845.226.31$5,794
Jan 2005098243.166.32$6,208
Dec 2004043239.866.75$2,916
Nov 2004076245.286.33$4,824
Oct 200401,01749.706.52$6,626
Sep 200401,03643.245.28$5,474
Aug 200401,24442.375.55$6,905
Jul 200401,08938.286.08$6,626
Jun 2004098436.106.43$6,330
May 200401,18537.486.49$7,696
Apr 200401,00134.475.86$5,864
Mar 200401,18434.365.53$6,548
Feb 200401,32532.455.51$7,300
Jan 200401,39732.036.30$8,801
Dec 200301,22930.266.30$7,745
Nov 200301,24928.804.60$5,739
Oct 200301,18028.174.76$5,616
Sep 2003096626.314.75$4,588
Aug 200301,24429.765.13$6,381
Jul 200301,12429.415.17$5,812
Jun 200301,32228.565.98$7,909
May 200301,22026.595.97$7,287
Apr 200301,07926.675.41$5,834
Mar 200301,15631.146.10$7,047
Feb 200301,17133.487.93$9,281
Jan 200301,13830.315.58$6,352
Dec 2002062626.914.85$3,038
Nov 2002051724.664.14$2,139
Oct 2002053426.464.23$2,258
Sep 2002075127.443.64$2,730
Aug 2002078325.963.16$2,478
Jul 200201,14724.583.06$3,512
Jun 200201,83523.733.34$6,126
May 200201,25724.663.58$4,505
Apr 200201,24123.653.51$4,359
Mar 200201,30322.003.10$4,043
Feb 200201,56018.222.38$3,706
Jan 200201,06217.172.38$2,523
Dec 2001075116.932.36$1,776
Nov 200101,38518.072.41$3,332
Oct 2001095119.782.53$2,405
Sep 200101,40624.262.25$3,165
Aug 200101,15924.873.05$3,539
Jul 200101,73423.933.20$5,544
Jun 200101,79424.563.82$6,861
May 200101,87725.524.31$8,085
Apr 200102,20524.685.34$11,764
Mar 20010024.545.38$0
Feb 200103,85327.755.77$22,221
Jan 200103,84027.478.40$32,251
Dec 200003,45726.889.12$31,536
Nov 200003,30732.215.66$18,711
Oct 200002,62831.235.15$13,522
Sep 200002,67231.875.19$13,858
Aug 200003,28829.644.54$14,930
Jul 200003,48328.534.09$14,245
Jun 200003,28029.304.40$14,423
May 200003,25227.263.68$11,967
Apr 200003,36124.513.12$10,473
Mar 200004,15228.422.86$11,874
Feb 200004,14627.622.73$11,304
Jan 200004,13025.272.48$10,244
Dec 199902,93324.282.42$7,109
Nov 1999033423.192.43$813
Oct 199903,11920.982.80$8,745
Sep 199903,86021.752.62$10,109
Aug 199903,18919.262.88$9,170
Jul 199902,29017.892.37$5,433
Jun 199904,62515.942.36$10,925
May 1999891,96815.792.32$5,973
Apr 199901,34915.102.21$2,979
Mar 199903,35612.471.84$6,169
Feb 199902,4619.981.82$4,474
Jan 199904,15510.381.90$7,894
Dec 199803,2729.201.77$5,802
Nov 199802,92310.892.19$6,389
Oct 199803,06812.421.97$6,042
Sep 199802,83812.592.08$5,910
Aug 199803,00511.301.91$5,732
Jul 199803,66111.742.24$8,191
Jun 199802,59711.242.24$5,810
May 199803,02312.622.21$6,670
Apr 199804,35913.042.51$10,921
Mar 1998953,58412.802.31$9,493
Feb 199803,73513.952.30$8,587
Jan 199804,16014.702.15$8,964
Dec 1997974,13616.322.41$11,555
Nov 199705,42718.193.09$16,760
Oct 199703,46919.253.15$10,927
Sep 199705,29717.742.95$15,652
Aug 199706,88917.862.55$17,600
Jul 199729,10217.582.25$20,487
Jun 199705,91617.242.26$13,354
May 19971042,29818.972.31$7,278
Apr 1997302,52317.882.08$5,791
Mar 199702,75818.951.94$5,348
Feb 19971033,15720.492.21$9,075
Jan 199704,33623.483.54$15,348
Dec 1996955,52723.32$2,215
Nov 19962856,25021.97$6,261
Oct 1996012,19223.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$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            15 bbl  × $106.41 =     $1,596
Gas                1,305 Mcf  × $  3.05 =     $3,975

────────────────────────────────────────────────────
Month total                                   $5,571

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/150701 is the state's own key, not one this site invented.