IVEY, WILL
IVEY, WILL is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Russell - FT. Trinidad Op., LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2009 to August 2026, totalling 1,748 barrels. The lease is intermittent. 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 $18K, with roughly $3K 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 5 barrels a month. Its strongest month on the record we hold was May 2018, at 157 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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, WILL
- Who operates IVEY, WILL?
- IVEY, WILL is operated by Russell - FT. Trinidad Op., LLC, Railroad Commission of Texas operator number 736715.
- Where is IVEY, WILL?
- IVEY, WILL is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25418.
- Is IVEY, WILL still producing?
- IVEY, WILL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for IVEY, WILL is August 2026.
- How much has IVEY, WILL produced?
- IVEY, WILL has reported 1,748 barrels of oil (bbl) to the Railroad Commission of Texas between September 2009 and August 2026, from 1 wellbore.
- How much is IVEY, WILL worth?
- The remaining production from IVEY, WILL is estimated to be worth about $18K in total as of 26 August 2026, within a range of $0 to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IVEY, WILL is a fraction of it. The estimate fits an Arps decline curve to the production IVEY, WILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IVEY, WILL is an estimate of value, not an offer and not an appraisal.
- How much income does IVEY, WILL generate in a year?
- IVEY, WILL is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IVEY, WILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Russell - FT. Trinidad Op., LLC |
|---|---|
| Field | Fort Trinidad (Durst) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 25418 |
| Wellbores | 1 |
| Reported production | 1,748 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where IVEY, WILL 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.