IVY, PHILLIP GU
IVY, PHILLIP GU 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 2005 to August 2026, totalling 589,446 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 $343K, with roughly $52K 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 2,632 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 8,173 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 IVY, PHILLIP GU
- Who operates IVY, PHILLIP GU?
- IVY, PHILLIP GU is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is IVY, PHILLIP GU?
- IVY, PHILLIP GU is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 218183.
- Is IVY, PHILLIP GU still producing?
- IVY, PHILLIP GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IVY, PHILLIP GU is August 2026.
- How much has IVY, PHILLIP GU produced?
- IVY, PHILLIP GU has reported 589,446 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2005 and August 2026, from 1 wellbore.
- How much is IVY, PHILLIP GU worth?
- The remaining production from IVY, PHILLIP GU is estimated to be worth about $343K in total as of 26 August 2026, within a range of $285K to $401K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVY, PHILLIP GU is a fraction of it. The estimate fits an Arps decline curve to the production IVY, PHILLIP GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVY, PHILLIP GU is an estimate of value, not an offer and not an appraisal.
- How much income does IVY, PHILLIP GU generate in a year?
- IVY, PHILLIP GU is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IVY, PHILLIP GU 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 | 218183 |
| Wellbores | 1 |
| Reported production | 589,446 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $343K |
Where IVY, PHILLIP GU 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.