GIBSON SOUTH UNIT 10 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 300374District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.3 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.3 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-1112025-12-11236821

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
CondensateDisposition351,122 bbl$21,386,341
GasProduction1,406,539 Mcf$4,882,140
Total$26,268,480

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 28.4576, -99.7275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45758, -99.72745 · 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
6,891 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 6,891 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-12737753T 2H6,891 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 202697011,160106.413.05$137,209
Apr 202699110,22998.932.87$127,394
Mar 20261,02110,62189.753.15$125,085
Feb 202693410,06463.503.75$97,052
Jan 20261,0219,96259.138.00$140,047
Dec 20259169,38056.664.41$93,298
Nov 20259469,85358.593.93$94,113
Oct 20251,01110,89759.383.30$96,046
Sep 20251,03312,18662.743.08$102,306
Aug 20251,10012,69363.933.01$108,589
Jul 20251,04010,16866.743.32$103,119
Jun 20251,11410,79966.483.13$107,846
May 20251,22211,40360.553.23$110,850
Apr 20251,11510,77962.363.54$107,723
Mar 20251,30010,58767.704.27$133,199
Feb 20251,39610,12070.884.34$142,878
Jan 20251,5649,73274.324.28$157,877
Dec 20241,2437,68968.993.12$109,755
Nov 20241,0837,88169.052.20$92,107
Oct 20241,0627,98471.372.28$94,010
Sep 20241,2618,35169.612.36$107,523
Aug 20241,3629,79075.632.06$123,211
Jul 20241,43712,39279.932.15$141,460
Jun 20241,62212,61178.082.63$159,863
May 20241,84012,91078.812.20$173,392
Apr 20241,83811,66384.451.66$174,570
Mar 20242,06413,39780.301.55$186,439
Feb 20242,10011,63976.091.78$180,549
Jan 20241,2877,77373.023.30$119,609
Dec 20231,4878,56171.262.61$128,314
Nov 20231,7558,41777.892.81$160,328
Oct 20231,2627,82985.443.09$131,996
Sep 20231,49610,53589.042.74$162,017
Aug 20231,83010,69980.522.67$175,949
Jul 20231,65811,74574.852.64$155,129
Jun 20232,21613,86168.962.26$184,120
May 20231,73912,62070.622.23$150,918
Apr 20231,83312,94278.122.24$172,155
Mar 20231,91212,63772.852.39$169,532
Feb 20232,56213,82775.112.47$226,525
Jan 20232,00512,62976.533.39$196,226
Dec 20222,39015,05976.415.73$268,894
Nov 20222,91618,60785.005.65$352,919
Oct 20223,39220,55187.185.86$416,221
Sep 20221,7376,07084.888.16$196,990
Aug 20221,2146,99294.529.13$178,564
Jul 20221,73211,820101.587.54$265,084
Jun 20221,72411,656115.097.98$291,397
May 20221,87512,120109.378.43$307,277
Apr 20221,59612,126104.226.84$249,248
Mar 20222,28114,581108.885.08$322,374
Feb 20222,03710,52191.054.86$236,589
Jan 20221,4008,76181.844.54$154,331
Dec 20211,67311,59471.323.90$164,525
Nov 20211,78412,73977.435.24$204,847
Oct 20211,95914,93079.795.71$241,617
Sep 20212,35114,89869.865.35$243,959
Aug 20212,47317,53866.024.22$237,288
Jul 20212,17013,28870.783.98$206,506
Jun 20211,9717,90469.493.38$163,685
May 20212,0417,04863.483.02$150,831
Apr 20212,05912,12360.362.76$157,722
Mar 20213,12115,14961.302.72$232,476
Feb 20211,98911,14957.805.55$176,818
Jan 20212,73015,52950.412.81$181,260
Dec 20203,15517,12444.642.68$186,654
Nov 20203,58615,92038.772.71$182,118
Oct 20203,22318,04936.972.48$163,887
Sep 20203,72617,46237.091.99$172,965
Aug 20204,1998,72539.982.39$188,686
Jul 2020898738.371.83$3,574
Jun 20204,90821,56334.901.69$207,737
May 20201,3603,69016.921.81$29,708
Apr 20203,74914,68114.751.80$81,788
Mar 20204,75513,37230.341.86$169,088
Feb 20204,50210,93649.881.98$246,220
Jan 20205,1298,21157.252.09$310,835
Dec 20195,33910,97259.012.30$340,338
Nov 20197,62310,50055.302.75$450,434
Oct 20191,60730553.472.42$86,664
Sep 201969548455.052.66$39,546
Aug 20192061,12453.112.30$13,531
Jul 20192,3268,39256.272.46$151,529
Jun 20196,69328,40052.782.49$424,007
May 20197,37730,93958.482.74$516,190
Apr 20197,65932,28362.632.75$568,484
Mar 20198,64433,37156.803.06$593,165
Feb 20198,81533,89150.852.79$542,874
Jan 201910,78444,03746.033.23$638,547
Dec 201813,23549,78646.594.19$824,995
Nov 201817,27457,81852.934.24$1,159,302
Oct 201820,67467,47761.443.40$1,499,503
Sep 201824,33857,94759.543.11$1,629,184
Aug 201820,10216,23759.403.07$1,243,851
Jul 201816,60413,35165.142.93$1,120,728
Jun 201819,48315,63760.183.08$1,220,601

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           970 bbl  × $106.41 =   $103,218
Gas               11,160 Mcf  × $  3.05 =    $33,992

────────────────────────────────────────────────────
Month total                                 $137,209

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/300374 is the state's own key, not one this site invented.