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 215039District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Aug 2005 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
250
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 Gas112006-05-03165766
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
CondensateDisposition10,908 bbl$749,498
GasProduction1,345,223 Mcf$7,915,150
Total$8,664,648

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 32.4214, -94.5565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42141, -94.55649 · 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
10,540 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 10,540 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-20333214610,540 ftSep 2005

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 (250)

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

250 months

May 20263796106.413.05$2,744
Apr 2026060098.932.87$1,722
Mar 2026586289.753.15$3,164
Feb 2026461463.503.75$2,557
Jan 2026059459.138.00$4,751
Dec 2025566156.664.41$3,201
Nov 2025088558.593.93$3,475
Oct 2025977259.383.30$3,086
Sep 2025070262.743.08$2,160
Aug 2025680063.933.01$2,795
Jul 202501,05466.743.32$3,494
Jun 2025865866.483.13$2,591
May 2025073160.553.23$2,363
Apr 2025271,15862.363.54$5,787
Mar 202501,26967.704.27$5,417
Feb 2025141,19670.884.34$6,184
Jan 202501,43074.324.28$6,119
Dec 202401,84168.993.12$5,746
Nov 202401,99669.052.20$4,388
Oct 202401,88271.372.28$4,294
Sep 202401,74369.612.36$4,121
Aug 202403,20375.632.06$6,610
Jul 2024060979.932.15$1,307
Jun 202402,18878.082.63$5,763
May 20240078.812.20$0
Apr 2024048984.451.66$811
Mar 2024063880.301.55$986
Feb 202401,39476.091.78$2,486
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023022077.892.81$618
Oct 202302,37785.443.09$7,338
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023062074.852.64$1,638
Jun 2023090868.962.26$2,051
May 2023050570.622.23$1,125
Apr 202301,40878.122.24$3,151
Mar 2023016572.852.39$395
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022015076.415.73$859
Nov 2022078885.005.65$4,449
Oct 2022086887.185.86$5,090
Sep 202201,83984.888.16$15,013
Aug 202204894.529.13$438
Jul 20220249101.587.54$1,878
Jun 20220745115.097.98$5,943
May 20220375109.378.43$3,162
Apr 202235443104.226.84$6,677
Mar 20220558108.885.08$2,833
Feb 2022075091.054.86$3,644
Jan 2022036081.844.54$1,634
Dec 2021429671.323.90$1,439
Nov 2021053477.435.24$2,796
Oct 2021883779.795.71$5,421
Sep 202181,73369.865.35$9,832
Aug 2021121,38866.024.22$6,650
Jul 2021132,28370.783.98$10,011
Jun 202181,72869.493.38$6,398
May 2021101,56563.483.02$5,357
Apr 2021142,02060.362.76$6,417
Mar 2021152,79861.302.72$8,522
Feb 2021151,31057.805.55$8,135
Jan 202102,18450.412.81$6,138
Dec 2020141,77644.642.68$5,377
Nov 2020153,01838.772.71$8,750
Oct 2020152,21536.972.48$6,044
Sep 2020143,51937.091.99$7,526
Aug 202022,79339.982.39$6,742
Jul 2020122,87838.371.83$5,713
Jun 2020252,96934.901.69$5,891
May 202022,81216.921.81$5,137
Apr 2020142,88414.751.80$5,410
Mar 2020112,92630.341.86$5,765
Feb 2020152,90949.881.98$6,510
Jan 2020131,37257.252.09$3,618
Dec 2019143,26459.012.30$8,348
Nov 2019133,00255.302.75$8,977
Oct 2019402,48853.472.42$8,156
Sep 2019532,47255.052.66$9,486
Aug 2019522,56853.112.30$8,679
Jul 201902,52256.272.46$6,204
Jun 2019512,58352.782.49$9,127
May 2019552,93258.482.74$11,251
Apr 2019543,03862.632.75$11,739
Mar 2019522,62756.803.06$10,998
Feb 2019562,81850.852.79$10,716
Jan 2019572,69146.033.23$11,311
Dec 2018642,67046.594.19$14,157
Nov 2018472,92052.934.24$14,860
Oct 2018213,33161.443.40$12,609
Sep 2018202,69359.543.11$9,561
Aug 2018203,06459.403.07$10,584
Jul 2018212,66265.142.93$9,173
Jun 2018223,48560.183.08$12,047
May 2018213,23565.382.90$10,757
Apr 2018223,15463.842.90$10,554
Mar 2018223,48361.222.79$11,053
Feb 2018213,17261.782.77$10,072
Jan 2018203,42262.874.01$14,977
Dec 2017203,55457.272.92$11,528
Nov 2017193,58555.423.12$12,232
Oct 2017203,78049.292.98$12,264
Sep 2017204,02247.523.09$13,367
Aug 2017194,06245.373.00$13,066
Jul 2017193,96843.873.09$13,084
Jun 2017203,92042.493.09$12,952
May 2017173,90645.373.26$13,518
Apr 2017203,69047.933.21$12,809
Mar 2017393,83446.772.98$13,263
Feb 2017213,31650.452.95$10,850
Jan 2017223,91449.413.42$14,468
Dec 2016204,10048.763.72$16,239
Nov 2016183,64842.492.64$10,411
Oct 2016343,77146.193.09$13,224
Sep 2016183,60641.553.10$11,929
Aug 2016173,76841.442.92$11,723
Jul 2016173,88241.622.92$12,060
Jun 2016183,74045.352.69$10,861
May 2016194,15642.521.99$9,083
Apr 2016173,59436.561.99$7,777
Mar 2016374,04433.011.79$8,476
Feb 2016214,00926.472.06$8,829
Jan 2016214,41427.352.36$11,011
Dec 2015184,60032.362.00$9,789
Nov 2015374,31938.792.17$10,796
Oct 2015154,51543.552.43$11,609
Sep 2015133,78842.992.76$11,008
Aug 2015134,26540.162.87$12,773
Jul 2015344,06548.152.95$13,609
Jun 2015154,05256.152.88$12,524
May 2015274,42455.212.96$14,566
Apr 2015154,13149.822.71$11,928
Mar 2015274,72442.892.93$15,022
Feb 2015152,64544.662.98$8,542
Jan 2015253,73343.433.10$12,660
Dec 2014273,91554.693.59$15,537
Nov 2014134,57670.464.25$20,372
Oct 2014284,71578.303.90$20,585
Sep 2014144,74086.164.05$20,382
Aug 2014244,40489.394.04$19,916
Jul 2014113,72896.564.18$16,644
Jun 2014234,00198.164.74$21,210
May 2014244,33094.734.73$22,740
Apr 2014293,53895.944.81$19,797
Mar 2014324,57695.895.06$26,208
Feb 2014334,58497.406.19$31,598
Jan 2014334,77690.404.86$26,198
Dec 2013225,11491.824.35$24,289
Nov 2013162,47988.853.74$10,689
Oct 2013204,04397.423.78$17,228
Sep 2013114,600104.113.72$18,247
Aug 2013204,946104.253.52$19,508
Jul 2013174,586102.523.72$18,792
Jun 2013153,23794.403.93$14,148
May 2013274,70494.834.15$22,078
Apr 2013314,70193.964.28$23,045
Mar 2013225,21693.623.91$22,469
Feb 2013325,26491.233.42$20,922
Jan 2013194,99991.603.42$18,837
Dec 2012294,01186.773.42$16,235
Nov 2012304,81786.953.62$20,070
Oct 2012315,36289.383.40$21,000
Sep 2012195,73994.672.92$18,547
Aug 2012304,80992.662.91$16,765
Jul 2012274,53785.133.02$16,004
Jun 2012456,89279.822.52$20,953
May 2012397,24991.612.49$21,611
Apr 2012405,372101.652.00$14,793
Mar 2012346,665105.052.22$18,382
Feb 2012303,914101.102.57$13,093
Jan 2012414,77298.092.73$17,069
Dec 2011347,23896.873.24$26,743
Nov 2011476,14995.723.31$24,860
Oct 2011247,20184.983.65$28,313
Sep 2011236,85483.623.99$29,242
Aug 2011277,14783.404.15$31,907
Jul 2011247,28994.144.52$35,186
Jun 2011267,33092.904.64$36,426
May 2011247,28798.134.40$34,453
Apr 2011486,853105.964.33$34,782
Mar 2011257,57196.364.06$33,127
Feb 2011497,44185.644.18$35,300
Jan 2011238,54086.504.59$41,178
Dec 2010628,43085.734.35$41,967
Nov 2010406,16680.843.80$26,636
Oct 2010786,71978.103.51$29,668
Sep 2010386,14172.633.98$27,198
Aug 2010716,63273.684.42$34,540
Jul 2010436,52772.554.74$34,035
Jun 2010387,86370.364.91$41,284
May 2010797,37971.124.24$36,870
Apr 2010687,05381.694.12$34,632
Mar 2010466,85878.394.39$33,703
Feb 2010455,32173.585.44$32,270
Jan 2010588,30774.365.96$53,857
Dec 20096310,18071.445.48$60,325
Nov 20096074.593.75$448
Oct 20092131172.544.11$2,802
Sep 2009207,53065.543.06$24,388
Aug 2009427,58067.423.22$27,228
Jul 2009387,88661.133.46$29,644
Jun 2009427,55166.163.90$32,190
May 2009518,29954.743.93$35,372
Apr 2009697,05146.773.59$28,523
Mar 20091106,82642.144.06$32,342
Feb 20091207,70432.814.63$39,630
Jan 20091188,04735.865.37$47,452
Dec 20081228,30137.105.98$54,142
Nov 20081368,80155.496.86$67,925
Oct 20089410,00875.246.92$76,348
Sep 20081279,884101.767.88$90,781
Aug 2008637,483114.228.48$70,674
Jul 2008627,440131.0811.39$92,864
Jun 20087310,026131.3313.03$140,252
May 2008579,122123.1711.57$112,601
Apr 2008515,075110.3110.45$58,684
Mar 20085610,124101.909.66$103,545
Feb 2008908,32392.538.77$81,325
Jan 200841314,45790.388.21$155,957
Dec 200736223,36488.337.30$202,579
Nov 200728210,75091.677.29$104,237
Oct 20071769,59082.856.92$80,963
Sep 2007378,84575.846.24$58,036
Aug 2007466,02669.066.39$41,670
Jul 200711614,52770.906.39$101,022
Jun 20078615,57062.007.55$122,861
May 20077715,06558.747.85$122,727
Apr 200711914,44059.617.81$119,801
Mar 200710813,20756.927.30$102,584
Feb 200710912,32255.108.22$107,243
Jan 200711218,25350.306.73$128,419
Dec 200611616,86356.656.92$123,237
Nov 200622816,33654.207.62$136,797
Oct 20068212,78954.906.01$81,412
Sep 200623612,85960.085.04$78,952
Aug 200623015,54968.717.34$129,932
Jul 200614917,93769.376.34$124,106
Jun 200629018,71466.286.38$138,689
May 200615418,75066.016.42$130,634
Apr 200625420,22164.397.36$165,191
Mar 200616719,14356.707.08$145,057
Feb 200610617,48557.597.75$141,633
Jan 200611726,23960.598.93$241,490
Dec 200511318,17854.9413.42$250,073
Nov 200535125,78754.6910.59$292,239
Oct 200536540,17758.3413.80$575,566
Sep 200533845,45661.4512.08$569,833
Aug 200505,83761.519.80$57,184

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             3 bbl  × $106.41 =       $319
Gas                  796 Mcf  × $  3.05 =     $2,424

────────────────────────────────────────────────────
Month total                                   $2,744

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/215039 is the state's own key, not one this site invented.