POLVE
POLVE is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Fidelity Explor. & Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 595,063 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 $43K, with roughly $7K 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 302 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,025 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 POLVE
- Who operates POLVE?
- POLVE is operated by Fidelity Explor. & Prod. Co., Railroad Commission of Texas operator number 266782.
- Where is POLVE?
- POLVE is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 246993.
- Is POLVE still producing?
- POLVE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POLVE is August 2026.
- How much has POLVE produced?
- POLVE has reported 595,063 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is POLVE worth?
- The remaining production from POLVE is estimated to be worth about $43K in total as of 26 August 2026, within a range of $34K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POLVE is a fraction of it. The estimate fits an Arps decline curve to the production POLVE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POLVE is an estimate of value, not an offer and not an appraisal.
- How much income does POLVE generate in a year?
- POLVE is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POLVE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fidelity Explor. & Prod. Co. |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 246993 |
| Wellbores | 1 |
| Reported production | 595,063 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where POLVE 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.