IVY B GU1
IVY B GU1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 5,106,453 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 $2.9M, with roughly $440K 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 21,028 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 29,978 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 IVY B GU1
- Who operates IVY B GU1?
- IVY B GU1 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is IVY B GU1?
- IVY B GU1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 255066.
- Is IVY B GU1 still producing?
- IVY B GU1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IVY B GU1 is August 2026.
- How much has IVY B GU1 produced?
- IVY B GU1 has reported 5,106,453 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2009 and August 2026, from 1 wellbore.
- How much is IVY B GU1 worth?
- The remaining production from IVY B GU1 is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVY B GU1 is a fraction of it. The estimate fits an Arps decline curve to the production IVY B GU1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVY B GU1 is an estimate of value, not an offer and not an appraisal.
- How much income does IVY B GU1 generate in a year?
- IVY B GU1 is forecast to net about $440K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IVY B GU1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Nan-Su-Gail (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 255066 |
| Wellbores | 1 |
| Reported production | 5,106,453 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where IVY B GU1 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.