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 301340District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.3 M
Jun 2018 – May 2026
Value, last 12 filed months
$825 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-1112026-05-11239118

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
CondensateDisposition214,911 bbl$13,085,947
GasProduction635,353 Mcf$2,165,764
Total$15,251,712

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 28.4669, -99.7108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46692, -99.71083 · 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
6,839 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 6,839 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-12737809C 7H6,839 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 20268084,473106.413.05$99,603
Apr 20260098.932.87$0
Mar 20266253,50689.753.15$67,136
Feb 20266603,25763.503.75$54,125
Jan 20268484,08959.138.00$82,846
Dec 20258714,86856.664.41$70,835
Nov 20259004,84258.593.93$71,743
Oct 20258154,96059.383.30$64,787
Sep 20258454,96362.743.08$68,286
Aug 20259064,68463.933.01$72,042
Jul 20251,1975,22266.743.32$97,200
Jun 20259095,13966.483.13$76,509
May 20259944,60160.553.23$75,059
Apr 20259644,29062.363.54$75,315
Mar 20258373,41067.704.27$71,220
Feb 20256984,68870.884.34$69,824
Jan 20257264,89874.324.28$74,913
Dec 20248945,43568.993.12$78,642
Nov 20249055,28169.052.20$74,100
Oct 20241,0334,25271.372.28$83,426
Sep 20244323,53669.612.36$38,432
Aug 20244973,19575.632.06$44,181
Jul 20242552,47379.932.15$25,691
Jun 20247653,82278.082.63$69,798
May 20245995,77878.812.20$59,910
Apr 20248456,80684.451.66$82,653
Mar 20248566,32780.301.55$78,513
Feb 20247516,87576.091.78$69,406
Jan 20241,01211,07073.023.30$110,401
Dec 20237157,17971.262.61$69,693
Nov 20237046,53177.892.81$73,171
Oct 20239535,08485.443.09$97,120
Sep 20231,1706,73289.042.74$122,589
Aug 20231,2296,76780.522.67$117,046
Jul 20231,1496,79574.852.64$103,954
Jun 20231,4216,87568.962.26$113,519
May 20231,2736,78470.622.23$105,010
Apr 20231,3126,89978.122.24$117,932
Mar 20231,4177,99572.852.39$122,362
Feb 20231,4006,81275.112.47$121,950
Jan 20231,6825,64776.533.39$147,854
Dec 20221,0133,11976.415.73$95,272
Nov 20229804,25785.005.65$107,336
Oct 20221,1778,25887.185.86$151,034
Sep 20221,2448,40084.888.16$174,166
Aug 20221,1878,89994.529.13$193,418
Jul 20221,5309,591101.587.54$227,753
Jun 20221,2656,831115.097.98$200,081
May 2022643313109.378.43$72,964
Apr 20224301,336104.226.84$53,950
Mar 2022864223108.885.08$95,204
Feb 20229031,08091.054.86$87,466
Jan 20226532,12181.844.54$63,066
Dec 20216783,78971.323.90$63,129
Nov 20211,2896,51277.435.24$133,910
Oct 20211,8174,82779.795.71$172,559
Sep 20216892,65369.865.35$62,330
Aug 20211,3337,47766.024.22$119,562
Jul 20212,1165,56070.783.98$171,911
Jun 202144714869.493.38$31,562
May 20211,6307,42963.483.02$125,891
Apr 20212,54411,15560.362.76$184,326
Mar 20212,4849,53961.302.72$178,186
Feb 20211,26281857.805.55$77,482
Jan 20211,5763,96150.412.81$90,578
Dec 20201,6555,64644.642.68$88,985
Nov 20201,8307,01138.772.71$89,925
Oct 20202,2899,79336.972.48$108,896
Sep 20203,17813,33937.091.99$144,431
Aug 202058021339.982.39$23,696
Jul 20201,13910038.371.83$43,886
Jun 20204034.901.69$140
May 20202874316.921.81$4,934
Apr 20201,43030414.751.80$21,641
Mar 20201,38928130.341.86$42,664
Feb 20201,25531349.881.98$63,219
Jan 20201,35671857.252.09$79,135
Dec 201994445059.012.30$56,742
Nov 20199691,77855.302.75$58,476
Oct 20191,0782,00853.472.42$62,497
Sep 20192,8504,38955.052.66$168,555
Aug 20193,7609,90453.112.30$222,516
Jul 20194,56018,03956.272.46$300,968
Jun 20194,70417,68452.782.49$292,332
May 20195,30924,94858.482.74$378,836
Apr 20195,68126,30762.632.75$428,164
Mar 20196,77227,13356.803.06$467,734
Feb 20196,38222,34750.852.79$386,922
Jan 20198,37716,36046.033.23$438,406
Dec 201810,33022,75746.594.19$576,523
Nov 201811,31421,56752.934.24$690,235
Oct 201814,51617,97061.443.40$952,927
Sep 201813,5078,35159.543.11$830,162
Aug 201815,84610,27559.403.07$972,761
Jul 201814,3519,61665.142.93$963,017
Jun 201864357360.183.08$40,459

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           808 bbl  × $106.41 =    $85,979
Gas                4,473 Mcf  × $  3.05 =    $13,624

────────────────────────────────────────────────────
Month total                                  $99,603

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/301340 is the state's own key, not one this site invented.