GLEN IVY UNIT
GLEN IVY UNIT is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Texland-Rector & Schumacher. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 45,535 barrels. 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 $116K, with roughly $22K 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 30 barrels a month. Its strongest month on the record we hold was June 2018, at 55 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GLEN IVY UNIT
- Who operates GLEN IVY UNIT?
- GLEN IVY UNIT is operated by Texland-Rector & Schumacher, Railroad Commission of Texas operator number 849745.
- Where is GLEN IVY UNIT?
- GLEN IVY UNIT is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66888.
- Is GLEN IVY UNIT still producing?
- GLEN IVY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLEN IVY UNIT is August 2026.
- How much has GLEN IVY UNIT produced?
- GLEN IVY UNIT has reported 45,535 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GLEN IVY UNIT worth?
- The remaining production from GLEN IVY UNIT is estimated to be worth about $116K in total as of 27 August 2026, within a range of $64K to $168K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLEN IVY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GLEN IVY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLEN IVY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GLEN IVY UNIT generate in a year?
- GLEN IVY UNIT is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLEN IVY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland-Rector & Schumacher |
|---|---|
| Field | Edmisson (Clear Fork) |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 66888 |
| Wellbores | 1 |
| Reported production | 45,535 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where GLEN IVY UNIT 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.