GIBSON SOUTH UNIT 20 DIM

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 300373District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.4 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112025-12-11236824

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition381,710 bbl$23,309,107
GasProduction1,448,053 Mcf$5,102,092
Total$28,411,199

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.4563, -99.7300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45630, -99.72996 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,900 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-12737752T 3H6,900 ftJun 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (96)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

96 months

May 202692510,359106.413.05$129,981
Apr 20261,02710,22898.932.87$130,953
Mar 20261,01410,49689.753.15$124,063
Feb 202695810,03963.503.75$98,482
Jan 20261,03710,60159.138.00$146,104
Dec 202594910,57856.664.41$100,455
Nov 20251,04612,01658.593.93$108,465
Oct 20251,10912,94159.383.30$108,620
Sep 20251,14214,09662.743.08$115,021
Aug 202598312,56463.933.01$100,721
Jul 20251,11412,76266.743.32$116,657
Jun 20251,16112,28966.483.13$115,632
May 20251,24711,50360.553.23$112,687
Apr 20251,15610,65562.363.54$109,840
Mar 20251,29711,18567.704.27$135,548
Feb 20251,28410,06670.884.34$134,705
Jan 20251,1178,60174.324.28$119,816
Dec 20241,39810,73768.993.12$129,962
Nov 20241,30511,23769.052.20$114,814
Oct 20241,36911,94671.372.28$124,959
Sep 20241,31011,63369.612.36$118,694
Aug 20241,15112,16775.632.06$112,158
Jul 20241,33210,88079.932.15$129,822
Jun 20241,55812,93378.082.63$155,714
May 20241,74112,54778.812.20$164,792
Apr 20241,53112,96984.451.66$150,811
Mar 20242,00215,65880.301.55$184,954
Feb 20241,96914,08176.091.78$174,937
Jan 20242,08016,12673.023.30$205,060
Dec 20232,03415,39271.262.61$185,127
Nov 20232,31912,70077.892.81$216,283
Oct 20231,57613,69685.443.09$176,937
Sep 20231,35414,87189.042.74$161,233
Aug 20231,68114,69680.522.67$174,635
Jul 20231,43012,90574.852.64$141,128
Jun 20231,67213,86968.962.26$146,624
May 20231,77514,51070.622.23$157,670
Apr 20231,61411,32778.122.24$151,433
Mar 20231,75111,95872.852.39$156,178
Feb 20232,00413,22775.112.47$183,134
Jan 20231,75013,99976.533.39$181,352
Dec 20221,86712,14476.415.73$212,231
Nov 20221,47812,18785.005.65$194,440
Oct 20222,01814,43287.185.86$260,555
Sep 20221,90914,12984.888.16$277,381
Aug 20222,44815,10894.529.13$369,278
Jul 20222,85415,420101.587.54$406,208
Jun 20222,82516,290115.097.98$455,078
May 20223,13916,783109.378.43$484,844
Apr 20222,37512,118104.226.84$330,381
Mar 20222,98415,941108.885.08$405,821
Feb 20222,90811,01591.054.86$318,294
Jan 20222,96311,04281.844.54$292,597
Dec 20213,61713,55271.323.90$310,805
Nov 20213,50814,52977.435.24$347,711
Oct 20213,46316,82979.795.71$372,471
Sep 20213,92215,67969.865.35$357,888
Aug 20214,34115,18866.024.22$350,695
Jul 20213,93614,13870.783.98$334,889
Jun 20214,33714,79069.493.38$351,378
May 20214,91818,28663.483.02$367,376
Apr 20214,96917,70560.362.76$348,767
Mar 20214,93515,89461.302.72$345,699
Feb 20213,2419,39457.805.55$239,447
Jan 20214,63213,18150.412.81$270,541
Dec 20205,15717,11744.642.68$276,004
Nov 20205,24711,84638.772.71$235,488
Oct 20204,17115,39136.972.48$192,347
Sep 20205,78219,38037.091.99$253,041
Aug 20205,90610,49039.982.39$261,142
Jul 20201578838.371.83$6,185
Jun 20207,32921,71134.901.69$292,480
May 20202,8864,60716.921.81$57,192
Apr 20208,18320,37014.751.80$157,454
Mar 20206,83111,37030.341.86$228,358
Feb 20206,77813,86649.881.98$365,551
Jan 20205,9678,76357.252.09$359,967
Dec 20198,3007,98159.012.30$508,174
Nov 20193,64741355.302.75$202,815
Oct 20193465653.472.42$18,636
Sep 201975055.052.66$4,129
Aug 201913419253.112.30$7,559
Jul 20191,7103,30756.272.46$104,357
Jun 20194,91221,11052.782.49$311,845
May 20195,07721,98058.482.74$357,135
Apr 20195,92125,94962.632.75$442,210
Mar 20196,11927,27056.803.06$431,063
Feb 20195,87125,80550.852.79$370,594
Jan 20197,69235,63046.033.23$469,083
Dec 20187,93740,27546.594.19$538,353
Nov 201810,63846,58852.934.24$760,474
Oct 201816,07459,57961.443.40$1,190,041
Sep 201820,17249,11059.543.11$1,353,675
Aug 201823,58233,60259.403.07$1,503,813
Jul 201826,75521,94765.142.93$1,807,167
Jun 201824,49519,44360.183.08$1,533,934

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           925 bbl  × $106.41 =    $98,429
Gas               10,359 Mcf  × $  3.05 =    $31,552

────────────────────────────────────────────────────
Month total                                 $129,981

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/300373 is the state's own key, not one this site invented.