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 240179District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Apr 2008 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
218
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 Gas112009-03-17190193
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
CondensateDisposition7,414 bbl$560,420
GasProduction1,068,869 Mcf$4,853,322
Total$5,413,742

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 32.4294, -94.5590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42943, -94.55902 · 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
12,343 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 12,343 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-203336361012,343 ftApr 2008

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 (218)

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

218 months

May 202612820106.413.05$3,775
Apr 2026091998.932.87$2,637
Mar 2026141,40189.753.15$5,669
Feb 2026101,47163.503.75$6,152
Jan 202601,03459.138.00$8,270
Dec 20251390956.664.41$4,748
Nov 202501,46358.593.93$5,744
Oct 2025281,28459.383.30$5,906
Sep 202501,35262.743.08$4,160
Aug 2025161,42563.933.01$5,319
Jul 202501,81666.743.32$6,020
Jun 2025151,42066.483.13$5,440
May 202501,42060.553.23$4,590
Apr 2025291,61362.363.54$7,523
Mar 202501,60867.704.27$6,863
Feb 2025161,31070.884.34$6,821
Jan 202502,12574.324.28$9,092
Dec 2024191,64768.993.12$6,452
Nov 202401,51169.052.20$3,322
Oct 2024181,62371.372.28$4,987
Sep 2024201,62169.612.36$5,225
Aug 2024321,63075.632.06$5,784
Jul 2024056579.932.15$1,213
Jun 202402,33478.082.63$6,148
May 20240078.812.20$0
Apr 2024251,19084.451.66$4,086
Mar 202401,91680.301.55$2,960
Feb 202402,27176.091.78$4,051
Jan 2024211,99073.023.30$8,096
Dec 202301,74471.262.61$4,553
Nov 2023131,89677.892.81$6,336
Oct 202301,61285.443.09$4,977
Sep 2023111,69289.042.74$5,607
Aug 2023131,83980.522.67$5,962
Jul 202301,75574.852.64$4,636
Jun 2023121,70568.962.26$4,678
May 202301,54570.622.23$3,441
Apr 2023121,83078.122.24$5,033
Mar 2023152,16772.852.39$6,279
Feb 202301,88275.112.47$4,640
Jan 2023152,14576.533.39$8,415
Dec 2022151,82176.415.73$11,579
Nov 202201,75885.005.65$9,926
Oct 2022161,85987.185.86$12,296
Sep 2022171,65484.888.16$14,946
Aug 202202,11294.529.13$19,277
Jul 2022182,263101.587.54$18,896
Jun 202202,191115.097.98$17,478
May 2022242,465109.378.43$23,412
Apr 2022263,385104.226.84$25,855
Mar 2022293,325108.885.08$20,037
Feb 202203,02891.054.86$14,713
Jan 2022283,54981.844.54$18,396
Dec 2021193,56971.323.90$15,271
Nov 202103,38277.435.24$17,711
Oct 2021153,24979.795.71$19,761
Sep 2021162,29469.865.35$13,393
Aug 2021123,39366.024.22$15,113
Jul 202102,35070.783.98$9,358
Jun 2021132,08469.493.38$7,949
May 2021142,59063.483.02$8,704
Apr 2021142,58160.362.76$7,965
Mar 2021192,83461.302.72$8,865
Feb 2021182,21457.805.55$13,324
Jan 202102,82250.412.81$7,931
Dec 2020172,40444.642.68$7,191
Nov 2020163,02638.772.71$8,810
Oct 2020153,10236.972.48$8,243
Sep 2020162,86037.091.99$6,288
Aug 202003,06439.982.39$7,308
Jul 2020133,28138.371.83$6,487
Jun 2020282,77034.901.69$5,659
May 202003,61416.921.81$6,559
Apr 2020142,57514.751.80$4,853
Mar 2020143,15730.341.86$6,285
Feb 2020173,41849.881.98$7,618
Jan 2020151,36557.252.09$3,718
Dec 2019183,59959.012.30$9,356
Nov 2019213,35455.302.75$10,387
Oct 2019213,05153.472.42$8,502
Sep 2019262,71855.052.66$8,654
Aug 2019253,62453.112.30$9,679
Jul 201903,30856.272.46$8,138
Jun 2019243,52952.782.49$10,058
May 2019213,28258.482.74$10,222
Apr 2019212,94962.632.75$9,427
Mar 2019192,91556.803.06$10,005
Feb 2019222,63350.852.79$8,471
Jan 2019123,27446.033.23$11,121
Dec 201802,56446.594.19$10,731
Nov 2018102,41352.934.24$10,754
Oct 2018233,31461.443.40$12,674
Sep 2018263,40059.543.11$12,115
Aug 2018253,60959.403.07$12,552
Jul 2018283,65965.142.93$12,552
Jun 2018254,25960.183.08$14,609
May 2018243,84165.382.90$12,711
Apr 2018173,68163.842.90$11,763
Mar 2018152,51961.222.79$7,938
Feb 2018172,21661.782.77$7,180
Jan 2018142,56262.874.01$11,152
Dec 2017212,47957.272.92$8,445
Nov 2017202,95055.423.12$10,308
Oct 2017223,22449.292.98$10,704
Sep 2017223,46547.523.09$11,743
Aug 2017213,28545.373.00$10,822
Jul 2017233,46243.873.09$11,697
Jun 2017173,93642.493.09$12,874
May 2017182,53345.373.26$9,083
Apr 2017203,05447.933.21$10,767
Mar 2017393,02946.772.98$10,862
Feb 2017202,55850.452.95$8,562
Jan 2017202,91949.413.42$10,968
Dec 2016232,90648.763.72$11,940
Nov 2016153,36442.492.64$9,533
Oct 2016242,69446.193.09$9,434
Sep 2016133,64441.553.10$11,839
Aug 2016104,01241.442.92$12,147
Jul 2016103,72841.622.92$11,318
Jun 2016112,90345.352.69$8,296
May 2016133,60742.521.99$7,734
Apr 2016113,78436.561.99$7,936
Mar 2016213,81233.011.79$7,532
Feb 2016113,34026.472.06$7,184
Jan 2016123,35727.352.36$8,265
Dec 2015123,96232.362.00$8,318
Nov 2015243,74438.792.17$9,045
Oct 2015254,22543.552.43$11,341
Sep 2015225,81642.992.76$16,989
Aug 2015265,81540.162.87$17,748
Jul 2015636,53748.152.95$22,285
Jun 2015275,83356.152.88$18,332
May 2015466,30255.212.96$21,165
Apr 2015215,85749.822.71$16,899
Mar 2015385,38042.892.93$17,419
Feb 2015173,00744.662.98$9,709
Jan 2015403,81243.433.10$13,557
Dec 2014415,55354.693.59$22,185
Nov 2014225,10170.464.25$23,239
Oct 2014424,93378.303.90$22,532
Sep 2014225,00186.164.05$22,127
Aug 2014455,03889.394.04$24,351
Jul 2014225,34796.564.18$24,473
Jun 2014384,90598.164.74$26,964
May 2014394,96994.734.73$27,181
Apr 2014383,54695.944.81$20,699
Mar 2014404,01695.895.06$24,144
Feb 2014403,60897.406.19$26,237
Jan 2014444,38190.404.86$25,272
Dec 2013334,41591.824.35$22,255
Nov 2013275,00288.853.74$21,098
Oct 2013245,05497.423.78$21,439
Sep 2013134,414104.113.72$17,764
Aug 2013255,695104.253.52$22,668
Jul 2013265,698102.523.72$23,849
Jun 2013245,33994.403.93$23,266
May 2013314,60494.834.15$22,042
Apr 2013395,39793.964.28$26,778
Mar 2013275,82393.623.91$25,312
Feb 2013375,15791.233.42$21,012
Jan 2013256,01991.603.42$22,874
Dec 2012425,25586.773.42$21,617
Nov 2012355,23786.953.62$22,027
Oct 2012385,24989.383.40$21,241
Sep 2012316,62994.672.92$22,281
Aug 2012596,45592.662.91$24,239
Jul 2012507,97085.133.02$28,332
Jun 2012667,23679.822.52$23,496
May 2012658,67791.612.49$27,546
Apr 2012777,888101.652.00$23,578
Mar 2012729,806105.052.22$29,353
Feb 2012708,163101.102.57$28,058
Jan 2012676,52798.092.73$24,417
Dec 2011518,41196.873.24$32,190
Nov 2011677,26095.723.31$30,453
Oct 2011337,39684.983.65$29,789
Sep 2011297,40483.623.99$31,936
Aug 2011337,08883.404.15$32,163
Jul 2011337,41694.144.52$36,606
Jun 2011297,71092.904.64$38,468
May 2011316,57098.134.40$31,982
Apr 2011668,242105.964.33$42,708
Mar 2011287,96096.364.06$34,995
Feb 2011545,77385.644.18$28,756
Jan 2011288,24686.504.59$40,261
Dec 2010587,63585.734.35$38,167
Nov 2010316,94980.843.80$28,880
Oct 2010637,86678.103.51$32,521
Sep 2010297,15872.633.98$30,591
Aug 2010577,30473.684.42$36,479
Jul 2010317,22572.554.74$36,470
Jun 2010287,89870.364.91$40,752
May 2010638,73171.124.24$41,458
Apr 2010657,88781.694.12$37,826
Mar 2010668,90578.394.39$44,255
Feb 2010628,53773.585.44$51,023
Jan 2010618,75674.365.96$56,758
Dec 2009879,90071.445.48$60,504
Nov 2009959,03774.593.75$40,988
Oct 2009304,52872.544.11$20,787
Sep 2009299,36165.543.06$30,590
Aug 20096510,40067.423.22$37,855
Jul 20096110,41761.133.46$39,819
Jun 20097111,49866.163.90$49,482
May 20099612,16354.743.93$53,004
Apr 200914316,07146.773.59$64,343
Mar 200921515,70142.144.06$72,790
Feb 200919613,96032.814.63$71,107
Jan 200921515,14135.865.37$89,032
Dec 200819017,63437.105.98$112,450
Nov 200813517,24655.496.86$125,805
Oct 20088514,85275.246.92$109,201
Sep 200815316,442101.767.88$145,084
Aug 200818316,763114.228.48$163,103
Jul 200818418,268131.0811.39$232,181
Jun 200820620,880131.3313.03$299,175
May 200820825,262123.1711.57$318,009
Apr 200812619,395110.3110.45$216,671

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            12 bbl  × $106.41 =     $1,277
Gas                  820 Mcf  × $  3.05 =     $2,498

────────────────────────────────────────────────────
Month total                                   $3,775

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/240179 is the state's own key, not one this site invented.