GIBSON 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 301336District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.1 M
Oct 2017 – May 2026
Value, last 12 filed months
$577 k
at the published price for each month
Months reported
104
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-1112026-05-11239115

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
CondensateDisposition228,116 bbl$13,801,718
GasProduction661,515 Mcf$2,258,948
Total$16,060,666

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 28.4621, -99.7206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46207, -99.72061 · 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
6,854 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 6,854 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-12737351B 8H6,854 ftOct 2017

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 (104)

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

104 months

May 20265033,786106.413.05$65,056
Apr 20260098.932.87$0
Mar 20264963,80789.753.15$56,506
Feb 20264434,11963.503.75$43,578
Jan 20265695,16959.138.00$74,986
Dec 20255484,87156.664.41$52,547
Nov 20254323,82358.593.93$40,322
Oct 20254184,26359.383.30$38,909
Sep 20255174,31462.743.08$45,710
Aug 20255474,46063.933.01$48,416
Jul 20256854,43566.743.32$60,420
Jun 20255504,62066.483.13$51,019
May 20255154,55660.553.23$45,910
Apr 20255634,84062.363.54$52,257
Mar 20257345,57667.704.27$73,492
Feb 20256424,72770.884.34$66,024
Jan 20256485,17574.324.28$70,302
Dec 20246405,65668.993.12$61,808
Nov 20246655,66969.052.20$58,381
Oct 20247506,40671.372.28$68,142
Sep 20247416,42269.612.36$66,765
Aug 20248015,33875.632.06$71,595
Jul 20247744,43479.932.15$71,384
Jun 20247724,95278.082.63$73,321
May 20247054,16478.812.20$64,715
Apr 20241,0865,22584.451.66$100,382
Mar 20241,1594,74980.301.55$100,406
Feb 20241,0255,77876.091.78$88,298
Jan 20241,0086,55773.023.30$95,227
Dec 20231,3995,19271.262.61$113,248
Nov 20238605,66177.892.81$82,879
Oct 202371271885.443.09$63,050
Sep 20235073,63689.042.74$55,088
Aug 20236604,08080.522.67$64,049
Jul 20238386,92474.852.64$81,016
Jun 20231,1376,74068.962.26$93,630
May 20231,1737,06070.622.23$98,563
Apr 20231,2765,76378.122.24$112,577
Mar 20238134,19772.852.39$69,271
Feb 20237045,06975.112.47$65,376
Jan 20231,0777,36076.533.39$107,356
Dec 20226314,66376.415.73$74,929
Nov 20229485,37485.005.65$110,923
Oct 20221,0476,14587.185.86$127,310
Sep 20221,0175,84084.888.16$133,999
Aug 20228874,34794.529.13$123,515
Jul 20221,2444,936101.587.54$163,593
Jun 20221,2316,888115.097.98$196,623
May 20221,5275,991109.378.43$217,530
Apr 20221,5387,101104.226.84$208,844
Mar 20221,0971,965108.885.08$129,416
Feb 202259537491.054.86$55,992
Jan 202223545581.844.54$21,297
Dec 202146143671.323.90$34,579
Nov 20211,1217,50677.435.24$126,107
Oct 20211,5797,10879.795.71$166,603
Sep 20211,6098,44469.865.35$157,588
Aug 20212,0608,99866.024.22$173,978
Jul 20211,7776,05070.783.98$149,868
Jun 20211,5865,69669.493.38$129,467
May 202144212163.483.02$28,423
Apr 20211123060.362.76$6,843
Mar 202141541461.302.72$26,564
Feb 20218035,31057.805.55$75,873
Jan 20211,3299,63050.412.81$94,058
Dec 20201,3968,48844.642.68$85,027
Nov 20201,7959,86138.772.71$96,282
Oct 20201,7158,65836.972.48$84,862
Sep 202095768837.091.99$36,865
Aug 2020137939.982.39$708
Jul 202072838.371.83$2,777
Jun 20200034.901.69$0
May 20203361,00816.921.81$7,514
Apr 20202,3599,01414.751.80$51,060
Mar 20202,4578,75730.341.86$90,800
Feb 20202,2678,11949.881.98$129,159
Jan 20202,2805,15857.252.09$141,335
Dec 20191,3563,01359.012.30$86,961
Nov 201987927555.302.75$49,365
Oct 20191,3555,60153.472.42$85,998
Sep 20191,5236,38055.052.66$100,795
Aug 20193,3148,07453.112.30$194,612
Jul 20193,8899,84856.272.46$243,061
Jun 20194,5627,95052.782.49$260,587
May 20194,62211,01558.482.74$300,479
Apr 20194,7047,17962.632.75$314,359
Mar 20194,4224,12356.803.06$263,795
Feb 20194,2838,22650.852.79$240,759
Jan 20195,8107,82346.033.23$292,688
Dec 20184,8405,17346.594.19$247,147
Nov 20186,3717,92552.934.24$370,797
Oct 20184,4123,55761.443.40$283,160
Sep 20183,04967459.543.11$183,632
Aug 20182,36871959.403.07$142,864
Jul 20182,54062765.142.93$167,294
Jun 201814281160.183.08$11,041
May 20189582765.382.90$8,610
Apr 20184,89118,52363.842.90$365,973
Mar 20189,19932,31061.222.79$653,206
Feb 201810,69234,77561.782.77$756,744
Jan 201814,77540,37362.874.01$1,090,773
Dec 201719,56937,32457.272.92$1,229,759
Nov 201719,83914,22755.423.12$1,143,842
Oct 201713,58510,21249.292.98$700,074

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           503 bbl  × $106.41 =    $53,524
Gas                3,786 Mcf  × $  3.05 =    $11,532

────────────────────────────────────────────────────
Month total                                  $65,056

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/301336 is the state's own key, not one this site invented.