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GIBSON SOUTH UNIT 0 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 301064District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.7 M
Jun 2018 – May 2026
Value, last 12 filed months
$700 k
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
condensate, gas

The BRISCOE RANCH (EAGLEFORD) field

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-1112026-03-25238826

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
CondensateDisposition278,179 bbl$16,604,983
GasProduction914,591 Mcf$3,076,322
Total$19,681,304

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 28.4445, -99.6928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44447, -99.69276 · 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
6,947 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 6,947 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-12737625C 2H6,947 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 20263872,762106.413.05$49,593
Apr 20266083,72298.932.87$70,831
Mar 20266932,93189.753.15$71,428
Feb 20266263,83363.503.75$54,126
Jan 20266723,93459.138.00$71,199
Dec 20256603,76556.664.41$54,012
Nov 20255772,93758.593.93$45,338
Oct 20256603,65659.383.30$51,273
Sep 20257103,64162.743.08$55,748
Aug 20257184,12663.933.01$58,341
Jul 20256313,73266.743.32$54,485
Jun 20257604,33166.483.13$64,075
May 20258013,91360.553.23$61,149
Apr 20257434,06462.363.54$60,733
Mar 20257823,63167.704.27$68,440
Feb 20258313,51370.884.34$74,151
Jan 20258694,97374.324.28$85,862
Dec 20246343,43268.993.12$54,452
Nov 20247954,97869.052.20$65,839
Oct 20247145,33071.372.28$63,118
Sep 20248564,98469.612.36$71,370
Aug 20247604,93975.632.06$67,671
Jul 20248853,88979.932.15$79,086
Jun 202486244678.082.63$68,480
May 202469442778.812.20$55,633
Apr 202491235384.451.66$77,604
Mar 202491540380.301.55$74,097
Feb 202495510,44076.091.78$91,287
Jan 20247787,30373.023.30$80,892
Dec 20238857,21871.262.61$81,909
Nov 20239157,90677.892.81$93,466
Oct 20235215,86785.443.09$62,627
Sep 20238899,78289.042.74$105,911
Aug 20231,04010,16780.522.67$110,916
Jul 202398910,46374.852.64$101,668
Jun 20231,0999,92968.962.26$98,211
May 20231,00110,11870.622.23$93,227
Apr 20231,23410,20078.122.24$119,225
Mar 20231,0358,65772.852.39$96,117
Feb 20237998,27875.112.47$80,424
Jan 20239528,95476.533.39$103,190
Dec 20221,0703,48576.415.73$101,725
Nov 20228823,30885.005.65$93,648
Oct 20221,1764,39587.185.86$128,295
Sep 20221,1825,18284.888.16$142,632
Aug 20228533,88994.529.13$116,121
Jul 20221,1217,155101.587.54$167,835
Jun 20221,2036,511115.097.98$190,393
May 20221,0945,936109.378.43$169,709
Apr 20221,3356,061104.226.84$180,576
Mar 20221,4306,052108.885.08$186,421
Feb 20221,2115,91891.054.86$139,016
Jan 20221,2647,21181.844.54$136,167
Dec 20211,3437,96271.323.90$126,828
Nov 20211,2527,85477.435.24$138,073
Oct 20211,4407,34279.795.71$156,849
Sep 20211,5166,96869.865.35$143,193
Aug 20211,6768,12566.024.22$144,942
Jul 20211,8227,01370.783.98$156,887
Jun 20211,9587,45969.493.38$161,277
May 20212,3229,23763.483.02$175,275
Apr 20211,1197,63460.362.76$88,601
Mar 20211,3817,75361.302.72$105,720
Feb 20211,6977,58257.805.55$140,151
Jan 20212,1978,34050.412.81$134,188
Dec 20202,1928,67444.642.68$121,058
Nov 20202,1848,44638.772.71$107,533
Oct 20202,1827,38836.972.48$98,979
Sep 20202,8349,20937.091.99$123,449
Aug 20201,7743,10839.982.39$78,337
Jul 20202,8786,59838.371.83$122,471
Jun 20203,7887,67834.901.69$145,179
May 20209671,69516.921.81$19,438
Apr 20202,7924,74114.751.80$49,737
Mar 20203,2577,94230.341.86$113,560
Feb 20202,8777,01249.881.98$157,393
Jan 20203,0165,46457.252.09$184,112
Dec 20192,4632,69659.012.30$151,554
Nov 20191,36190855.302.75$77,761
Oct 201988527853.472.42$47,993
Sep 20193,28113,18155.052.66$215,645
Aug 20194,25416,07353.112.30$262,968
Jul 20195,36419,70956.272.46$350,318
Jun 20195,86521,50952.782.49$363,138
May 20196,25022,05858.482.74$425,946
Apr 20196,41426,48062.632.75$474,547
Mar 20197,79030,76256.803.06$536,668
Feb 20197,71531,01150.852.79$478,897
Jan 20199,48835,86746.033.23$552,518
Dec 201811,23345,61846.594.19$714,277
Nov 201813,28946,53352.934.24$900,558
Oct 201817,62651,04361.443.40$1,256,390
Sep 201822,59546,27359.543.11$1,489,123
Aug 201824,81226,16459.403.07$1,554,066
Jul 201827,74522,17865.142.93$1,872,333
Jun 20182,6171,99660.183.08$163,633

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           387 bbl  × $106.41 =    $41,181
Gas                2,762 Mcf  × $  3.05 =     $8,413

────────────────────────────────────────────────────
Month total                                  $49,593

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/301064 is the state's own key, not one this site invented.