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 243159District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jul 2008 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
215
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 Gas112009-03-17190195
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
CondensateDisposition6,129 bbl$458,380
GasProduction1,143,263 Mcf$4,557,374
Total$5,015,754

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 32.4166, -94.5647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41658, -94.56469 · 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
12,310 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 12,310 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-20333218412,310 ftJul 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 (215)

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

215 months

May 2026211,462106.413.05$6,688
Apr 202652,13398.932.87$6,616
Mar 2026232,31289.753.15$9,346
Feb 2026192,03763.503.75$8,846
Jan 202602,46359.138.00$19,699
Dec 2025122,15556.664.41$10,191
Nov 202502,20658.593.93$8,662
Oct 2025251,32859.383.30$5,873
Sep 202521,76362.743.08$5,550
Aug 2025141,93063.933.01$6,714
Jul 202522,26066.743.32$7,626
Jun 2025181,63666.483.13$6,315
May 202531,90360.553.23$6,333
Apr 2025312,16362.363.54$9,597
Mar 202511,92267.704.27$8,271
Feb 2025111,30670.884.34$6,449
Jan 202531,75574.324.28$7,732
Dec 2024121,53568.993.12$5,619
Nov 202451,09569.052.20$2,753
Oct 2024101,36371.372.28$3,823
Sep 2024141,39169.612.36$4,263
Aug 2024162,20375.632.06$5,756
Jul 2024096979.932.15$2,080
Jun 2024021278.082.63$558
May 20240078.812.20$0
Apr 2024241,74684.451.66$4,924
Mar 202422,65080.301.55$4,255
Feb 202412,65676.091.78$4,813
Jan 2024162,38373.023.30$9,027
Dec 202302,14071.262.61$5,587
Nov 2023141,74277.892.81$5,981
Oct 202301,97185.443.09$6,085
Sep 2023101,66489.042.74$5,442
Aug 2023121,57180.522.67$5,165
Jul 202301,61174.852.64$4,256
Jun 202381,72368.962.26$4,443
May 2023078970.622.23$1,757
Apr 2023151,38978.122.24$4,280
Mar 2023142,71572.852.39$7,517
Feb 202302,56475.112.47$6,322
Jan 202391,27376.533.39$5,001
Dec 2022111,04276.415.73$6,810
Nov 202201,65185.005.65$9,322
Oct 2022161,34987.185.86$9,305
Sep 2022182,66484.888.16$23,276
Aug 202202,27794.529.13$20,783
Jul 2022202,882101.587.54$23,768
Jun 202203,075115.097.98$24,530
May 2022172,957109.378.43$26,796
Apr 2022182,509104.226.84$19,032
Mar 2022143,032108.885.08$16,916
Feb 202202,33591.054.86$11,345
Jan 2022141,40481.844.54$7,517
Dec 2021222,42071.323.90$11,005
Nov 202104,02577.435.24$21,078
Oct 2021173,76679.795.71$22,875
Sep 2021182,49669.865.35$14,613
Aug 2021144,04866.024.22$18,009
Jul 202102,41670.783.98$9,621
Jun 2021172,89769.493.38$10,975
May 2021164,13663.483.02$13,497
Apr 2021142,57560.362.76$7,948
Mar 2021242,71061.302.72$8,834
Feb 2021233,21457.805.55$19,161
Jan 202103,31450.412.81$9,313
Dec 2020264,19644.642.68$12,387
Nov 2020213,87638.772.71$11,305
Oct 2020272,89336.972.48$8,168
Sep 2020313,75637.091.99$8,628
Aug 202004,95339.982.39$11,813
Jul 2020243,13938.371.83$6,650
Jun 2020444,24434.901.69$8,709
May 202003,67716.921.81$6,673
Apr 2020212,96214.751.80$5,654
Mar 2020193,38930.341.86$6,867
Feb 2020203,15149.881.98$7,239
Jan 20201891457.252.09$2,945
Dec 2019223,16159.012.30$8,582
Nov 2019263,07055.302.75$9,882
Oct 2019173,83053.472.42$10,172
Sep 2019163,01355.052.66$8,887
Aug 2019173,47353.112.30$8,906
Jul 201903,90456.272.46$9,604
Jun 2019163,42152.782.49$9,367
May 2019173,91158.482.74$11,712
Apr 2019163,99562.632.75$11,991
Mar 2019173,96156.803.06$13,095
Feb 2019183,65450.852.79$11,118
Jan 2019173,66646.033.23$12,617
Dec 2018193,59046.594.19$15,911
Nov 2018243,88552.934.24$17,732
Oct 2018304,82261.443.40$18,229
Sep 2018243,90459.543.11$13,563
Aug 2018213,16759.403.07$10,959
Jul 2018232,94165.142.93$10,121
Jun 2018223,77360.183.08$12,933
May 2018213,25765.382.90$10,821
Apr 2018233,23863.842.90$10,861
Mar 2018233,55761.222.79$11,321
Feb 2018233,30461.782.77$10,560
Jan 2018233,54862.874.01$15,671
Dec 201783,97457.272.92$12,068
Nov 201773,57355.423.12$11,530
Oct 201784,04649.292.98$12,466
Sep 201773,89747.523.09$12,364
Aug 201774,08545.373.00$12,591
Jul 201783,67943.873.09$11,709
Jun 201774,01442.493.09$12,690
May 201784,24345.373.26$14,210
Apr 2017104,51647.933.21$14,983
Mar 2017184,61746.772.98$14,618
Feb 2017104,60550.452.95$14,101
Jan 2017105,03449.413.42$17,704
Dec 201694,73648.763.72$18,070
Nov 2016224,85542.492.64$13,773
Oct 2016435,30846.193.09$18,389
Sep 2016224,41441.553.10$14,600
Aug 2016224,53241.442.92$14,165
Jul 2016215,38941.622.92$16,633
Jun 2016214,56845.352.69$13,221
May 2016234,72142.521.99$10,378
Apr 2016204,39136.561.99$9,474
Mar 2016384,49733.011.79$9,322
Feb 2016174,47126.472.06$9,676
Jan 2016243,39227.352.36$8,676
Dec 2015255,24132.362.00$11,298
Nov 2015475,86138.792.17$14,526
Oct 2015205,63043.552.43$14,533
Sep 2015175,56442.992.76$16,079
Aug 2015175,76140.162.87$17,231
Jul 2015405,33648.152.95$17,641
Jun 2015155,02756.152.88$15,334
May 2015304,78155.212.96$15,786
Apr 2015155,26349.822.71$14,992
Mar 2015325,33542.892.93$17,029
Feb 2015183,43644.662.98$11,030
Jan 2015325,27743.433.10$17,752
Dec 2014274,96154.693.59$19,293
Nov 2014134,41270.464.25$19,675
Oct 2014244,44278.303.90$19,207
Sep 2014124,29286.164.05$18,397
Aug 2014274,40789.394.04$20,196
Jul 2014134,79496.564.18$21,292
Jun 2014224,30698.164.74$22,557
May 2014254,41194.734.73$23,217
Apr 2014283,93595.944.81$21,610
Mar 2014284,36995.895.06$24,778
Feb 2014314,10297.406.19$28,419
Jan 2014314,90990.404.86$26,664
Dec 2013335,07491.824.35$25,125
Nov 2013366,15588.853.74$26,208
Oct 2013376,88597.423.78$29,625
Sep 2013216,477104.113.72$26,266
Aug 2013398,538104.253.52$34,142
Jul 2013397,621102.523.72$32,331
Jun 2013387,94094.403.93$34,818
May 2013517,30394.834.15$35,137
Apr 2013537,63993.964.28$37,695
Mar 2013336,84093.623.91$29,853
Feb 2013496,15091.233.42$25,503
Jan 2013367,94591.603.42$30,469
Dec 2012546,35686.773.42$26,424
Nov 2012537,11086.953.62$30,382
Oct 2012458,03989.383.40$31,352
Sep 2012198,25494.672.92$25,887
Aug 2012357,61992.662.91$25,400
Jul 2012278,61985.133.02$28,335
Jun 2012326,77079.822.52$19,608
May 2012358,50891.612.49$24,377
Apr 2012479,797101.652.00$24,340
Mar 20124211,013105.052.22$28,884
Feb 2012378,546101.102.57$25,706
Jan 2012396,65698.092.73$22,024
Dec 20113210,08496.873.24$35,769
Nov 2011528,36195.723.31$32,663
Oct 2011357,47584.983.65$30,247
Sep 2011337,99183.623.99$34,610
Aug 2011358,67283.404.15$38,902
Jul 2011297,34094.144.52$35,887
Jun 2011347,01992.904.64$35,726
May 2011327,78998.134.40$37,449
Apr 2011647,532105.964.33$39,420
Mar 2011368,32996.364.06$37,263
Feb 2011788,57785.644.18$42,532
Jan 20114411,75586.504.59$57,747
Dec 20108114,66885.734.35$70,717
Nov 2010309,37780.843.80$38,014
Oct 20106611,21478.103.51$44,503
Sep 20103111,07172.633.98$46,308
Aug 20106511,69373.684.42$56,465
Jul 20102811,96972.554.74$58,722
Jun 20102510,06370.364.91$51,172
May 20105310,65271.124.24$48,883
Apr 2010839,83181.694.12$47,310
Mar 201011111,91078.394.39$60,970
Feb 201011111,26473.585.44$69,470
Jan 201011112,87874.365.96$85,060
Dec 200914012,77471.445.48$80,051
Nov 200914910,59074.593.75$50,842
Oct 2009516,32572.544.11$29,697
Sep 20095213,38865.543.06$44,439
Aug 200911214,19867.423.22$53,247
Jul 200911316,03261.133.46$62,451
Jun 200910714,82166.163.90$64,807
May 20096913,02054.743.93$54,890
Apr 20092011,83646.773.59$43,397
Mar 20093412,21342.144.06$51,005
Feb 20093313,04432.814.63$61,516
Jan 20093714,06535.865.37$76,870
Dec 20084115,48637.105.98$94,083
Nov 20084414,86755.496.86$104,435
Oct 20085412,51575.246.92$90,692
Sep 20081719,873101.767.88$95,171
Aug 200815111,789114.228.48$117,254
Jul 200815221,172131.0811.39$261,061

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            21 bbl  × $106.41 =     $2,235
Gas                1,462 Mcf  × $  3.05 =     $4,453

────────────────────────────────────────────────────
Month total                                   $6,688

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/243159 is the state's own key, not one this site invented.