IVEY
IVEY is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Alta Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,175 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 $491K, with roughly $94K 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 127 barrels a month, about 64 per wellbore. Its strongest month on the record we hold was July 2024, at 150 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 IVEY
- Who operates IVEY?
- IVEY is operated by Alta Energy Corporation, Railroad Commission of Texas operator number 015734.
- Where is IVEY?
- IVEY is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65067.
- Is IVEY still producing?
- IVEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IVEY is August 2026.
- How much has IVEY produced?
- IVEY has reported 63,175 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is IVEY worth?
- The remaining production from IVEY is estimated to be worth about $491K in total as of 27 August 2026, within a range of $383K to $599K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVEY is a fraction of it. The estimate fits an Arps decline curve to the production IVEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVEY is an estimate of value, not an offer and not an appraisal.
- How much income does IVEY generate in a year?
- IVEY is forecast to net about $94K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IVEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alta Energy Corporation |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 65067 |
| Wellbores | 2 |
| Reported production | 63,175 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $491K |
Where IVEY 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.