GIBSON SOUTH UNIT 6 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 301225District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.8 M
May 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
97
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-1112026-04-14238934

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
CondensateDisposition378,562 bbl$22,810,253
GasProduction898,182 Mcf$3,016,853
Total$25,827,106

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 28.4609, -99.7225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46087, -99.72254 · 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
6,852 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 6,852 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-12737750Q 1H6,852 ftMay 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 (97)

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

97 months

May 20261,4758,594106.413.05$183,131
Apr 20261,4428,96398.932.87$168,378
Mar 20261,4689,47389.753.15$161,588
Feb 20261,2678,75563.503.75$113,289
Jan 20261,8049,36059.138.00$181,531
Dec 20251,2447,81656.664.41$104,980
Nov 20251,4199,34458.593.93$119,828
Oct 20251,55910,36459.383.30$126,825
Sep 20251,5109,90162.743.08$125,202
Aug 20251,65711,15763.933.01$139,568
Jul 20251,6149,72766.743.32$139,965
Jun 20251,9407,08466.483.13$151,135
May 20251,2793,96760.553.23$90,266
Apr 20251,4293,69762.363.54$102,211
Mar 20251,4835,53467.704.27$124,020
Feb 20252,0237,71370.884.34$176,871
Jan 20251,4907,54674.324.28$143,024
Dec 20242,23211,05068.993.12$188,477
Nov 20241,8295,40469.052.20$138,173
Oct 20241,6471,14571.372.28$120,159
Sep 20241,4381,13569.612.36$102,783
Aug 20241,4261,15875.632.06$110,238
Jul 20241,4582,03079.932.15$120,896
Jun 20241,3711,39178.082.63$110,712
May 20241,2461,20078.812.20$100,835
Apr 20241,2701,22384.451.66$109,281
Mar 20241,26691980.301.55$103,080
Feb 20241,26698876.091.78$98,092
Jan 20241,07564673.023.30$80,627
Dec 20231,4341,60071.262.61$106,364
Nov 20231,2341,48677.892.81$100,288
Oct 20231,3391,47585.443.09$118,958
Sep 20231,5102,42289.042.74$141,075
Aug 20231,6903,23780.522.67$144,731
Jul 20231,9163,45774.852.64$152,545
Jun 20231,7622,69368.962.26$127,590
May 20231,7943,10970.622.23$133,617
Apr 20231,8023,10978.122.24$147,729
Mar 20231,7663,42972.852.39$136,859
Feb 20232,1544,64675.112.47$173,242
Jan 20231,9905,92976.533.39$172,380
Dec 20222,3306,94576.415.73$217,824
Nov 20222,5949,30785.005.65$273,039
Oct 20222,78111,17687.185.86$307,981
Sep 20223,16612,68484.888.16$372,278
Aug 20223,87415,02094.529.13$503,260
Jul 20221,7131,412101.587.54$184,656
Jun 20222,1192,430115.097.98$263,260
May 20222,5684,097109.378.43$315,412
Apr 20222,6564,157104.226.84$305,232
Mar 20222,5232,578108.885.08$287,791
Feb 20221,9471,17191.054.86$182,964
Jan 20222,3122,02581.844.54$198,403
Dec 20212,8294,00071.323.90$217,361
Nov 20212,8604,25077.435.24$243,706
Oct 20212,6863,63879.795.71$235,103
Sep 20212,8854,39469.865.35$225,058
Aug 20213,2085,39866.024.22$234,575
Jul 20213,2344,86470.783.98$248,271
Jun 20213,3956,07469.493.38$256,452
May 20213,5286,52163.483.02$243,636
Apr 20213,6037,63160.362.76$238,527
Mar 20214,56410,18061.302.72$307,432
Feb 20213,2746,50657.805.55$225,332
Jan 20214,59710,27150.412.81$260,599
Dec 20204,5269,09944.642.68$226,385
Nov 20204,26311,23038.772.71$195,671
Oct 20205,16414,14836.972.48$225,978
Sep 20205,43213,75337.091.99$228,856
Aug 20206,90012,48639.982.39$305,642
Jul 20201723938.371.83$6,671
Jun 20205,65114,95634.901.69$222,500
May 20206,24717,18316.921.81$136,882
Apr 20206,26215,71314.751.80$120,717
Mar 20206,63117,02130.341.86$232,779
Feb 20207,04816,65349.881.98$384,538
Jan 20208,17819,32057.252.09$508,661
Dec 20199,44322,12259.012.30$608,208
Nov 20195,87614,99855.302.75$366,198
Oct 20194,55911,38453.472.42$271,302
Sep 20194,80413,51655.052.66$300,376
Aug 20195,18816,42553.112.30$313,384
Jul 20196,15217,70556.272.46$389,728
Jun 20195,68717,23752.782.49$343,101
May 20196,06317,76958.482.74$403,257
Apr 20196,83918,77462.632.75$479,968
Mar 20197,39921,07356.803.06$484,791
Feb 20197,37520,62150.852.79$432,597
Jan 20198,91724,15246.033.23$488,417
Dec 201810,23128,74146.594.19$596,956
Nov 201811,25432,65452.934.24$734,037
Oct 201814,10738,59461.443.40$997,880
Sep 201813,38525,93759.543.11$877,555
Aug 201813,67116,72059.403.07$863,330
Jul 201816,68912,54365.142.93$1,123,896
Jun 201815,72911,81860.183.08$982,934
May 20183,4563,19365.382.90$235,216

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         1,475 bbl  × $106.41 =   $156,955
Gas                8,594 Mcf  × $  3.05 =    $26,176

────────────────────────────────────────────────────
Month total                                 $183,131

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/301225 is the state's own key, not one this site invented.