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 301339District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Jun 2018 – May 2026
Value, last 12 filed months
$236 k
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-1112026-05-11239117

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
CondensateDisposition127,098 bbl$7,908,132
GasProduction237,366 Mcf$915,546
Total$8,823,678

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 28.4647, -99.7139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46470, -99.71394 · 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
6,812 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 6,812 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-12737807C 5H6,812 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 20263361,508106.413.05$40,347
Apr 20260098.932.87$0
Mar 20261861,08289.753.15$20,101
Feb 20262001,73163.503.75$19,192
Jan 20262572,17259.138.00$32,568
Dec 202522148956.664.41$14,680
Nov 202515450358.593.93$10,998
Oct 202518720959.383.30$11,795
Sep 202519022562.743.08$12,613
Aug 202525558463.933.01$18,063
Jul 20253551,14266.743.32$27,479
Jun 20253271,95266.483.13$27,846
May 20253171,89660.553.23$25,323
Apr 202531584362.363.54$22,630
Mar 202511316367.704.27$8,346
Feb 202515217370.884.34$11,525
Jan 20253641,59674.324.28$33,881
Dec 20244232,58668.993.12$37,255
Nov 20243381,04169.052.20$25,627
Oct 20243091,01171.372.28$24,360
Sep 202425598169.612.36$20,070
Aug 20242521,22675.632.06$21,589
Jul 20242881,59479.932.15$26,442
Jun 202411627178.082.63$9,771
May 20242772,57178.812.20$27,483
Apr 20243842,77084.451.66$37,025
Mar 20244351,44480.301.55$37,162
Feb 20243421,70576.091.78$29,064
Jan 20245322,12273.023.30$45,844
Dec 20232521,28171.262.61$21,302
Nov 202328387177.892.81$24,488
Oct 20233723,38785.443.09$42,240
Sep 20234823,27889.042.74$51,883
Aug 20234243,23480.522.67$42,785
Jul 20233603,22974.852.64$35,476
Jun 20231772,57668.962.26$18,024
May 202384623270.622.23$60,261
Apr 20231738578.122.24$13,705
Mar 202339119472.852.39$28,949
Feb 202338116475.112.47$29,021
Jan 20235401,01076.533.39$44,748
Dec 20224582,02876.415.73$46,614
Nov 202240420085.005.65$35,469
Oct 20225692,05487.185.86$61,650
Sep 20226122,36784.888.16$71,270
Aug 20223351,69194.529.13$47,098
Jul 20226332,696101.587.54$84,634
Jun 20227202,459115.097.98$102,481
May 20227172,576109.378.43$100,142
Apr 20226742,818104.226.84$89,513
Mar 20228263,842108.885.08$109,438
Feb 20227623,44691.054.86$86,124
Jan 20229843,04081.844.54$94,325
Dec 20219144,73871.323.90$83,661
Nov 20219075,17477.435.24$97,324
Oct 20211,1726,24279.795.71$129,180
Sep 202179790069.865.35$60,494
Aug 20211,0275,28466.024.22$90,104
Jul 20218833,29170.783.98$75,604
Jun 20211,1245,06269.493.38$95,219
May 202165512063.483.02$41,942
Apr 202129010660.362.76$17,797
Mar 202188825461.302.72$55,125
Feb 202154083557.805.55$35,845
Jan 202140314950.412.81$20,734
Dec 202056813044.642.68$25,703
Nov 202038110938.772.71$15,066
Oct 202050310936.972.48$18,866
Sep 20208692,40737.091.99$37,024
Aug 202077620539.982.39$31,513
Jul 20205313938.371.83$20,446
Jun 20200034.901.69$0
May 20205016.921.81$85
Apr 202026513014.751.80$4,143
Mar 20208214730.341.86$2,761
Feb 202011012349.881.98$5,730
Jan 20201606357.252.09$9,292
Dec 2019737859.012.30$4,487
Nov 20192111,66455.302.75$16,245
Oct 20194389153.472.42$23,640
Sep 20191,40653555.052.66$78,822
Aug 20191,3711,76353.112.30$76,876
Jul 20191,45013256.272.46$81,916
Jun 20191,71710452.782.49$90,882
May 20191,7338658.482.74$101,582
Apr 20192,34456562.632.75$148,359
Mar 20192,8861,31256.803.06$167,942
Feb 20193,5102,36950.852.79$185,098
Jan 20194,2535,80846.033.23$214,515
Dec 20185,28517,39046.594.19$319,013
Nov 20187,25120,38052.934.24$470,150
Oct 201810,86527,12661.443.40$759,722
Sep 201812,37613,68559.543.11$779,400
Aug 201814,09410,42359.403.07$869,146
Jul 201818,69411,47565.142.93$1,251,370
Jun 20183,0362,41560.183.08$190,137

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           336 bbl  × $106.41 =    $35,754
Gas                1,508 Mcf  × $  3.05 =     $4,593

────────────────────────────────────────────────────
Month total                                  $40,347

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/301339 is the state's own key, not one this site invented.