IVEY-RICHARDSON
IVEY-RICHARDSON is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Parten Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 897,000 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 $25K, with roughly $13K 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 793 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 2,919 thousand cubic feet. 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-RICHARDSON
- Who operates IVEY-RICHARDSON?
- IVEY-RICHARDSON is operated by Parten Oil Co., Railroad Commission of Texas operator number 642715.
- Where is IVEY-RICHARDSON?
- IVEY-RICHARDSON is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 112105.
- Is IVEY-RICHARDSON still producing?
- IVEY-RICHARDSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IVEY-RICHARDSON is August 2026.
- How much has IVEY-RICHARDSON produced?
- IVEY-RICHARDSON has reported 897,000 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is IVEY-RICHARDSON worth?
- The remaining production from IVEY-RICHARDSON is estimated to be worth about $25K in total as of 27 August 2026, within a range of $20K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVEY-RICHARDSON is a fraction of it. The estimate fits an Arps decline curve to the production IVEY-RICHARDSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVEY-RICHARDSON is an estimate of value, not an offer and not an appraisal.
- How much income does IVEY-RICHARDSON generate in a year?
- IVEY-RICHARDSON is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IVEY-RICHARDSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parten Oil Co. |
|---|---|
| Field | Fort Trinidad, W. (Glen Rose,Up) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 112105 |
| Wellbores | 1 |
| Reported production | 897,000 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where IVEY-RICHARDSON 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.