IVENS S
IVENS S is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2002 to August 2026, totalling 465,351 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $197K, with roughly $30K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,244 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 1,919 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about IVENS S
- Who operates IVENS S?
- IVENS S is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is IVENS S?
- IVENS S is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 188877.
- Is IVENS S still producing?
- IVENS S is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IVENS S is August 2026.
- How much has IVENS S produced?
- IVENS S has reported 465,351 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2002 and August 2026, from 1 wellbore.
- How much is IVENS S worth?
- The remaining production from IVENS S is estimated to be worth about $197K in total as of 27 August 2026, within a range of $163K to $230K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVENS S is a fraction of it. The estimate fits an Arps decline curve to the production IVENS S has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVENS S is an estimate of value, not an offer and not an appraisal.
- How much income does IVENS S generate in a year?
- IVENS S is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IVENS S receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 188877 |
| Wellbores | 1 |
| Reported production | 465,351 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $197K |
Where IVENS S sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.