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 301344District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.1 M
Jun 2018 – May 2026
Value, last 12 filed months
$657 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-1112026-05-11239120

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
CondensateDisposition257,392 bbl$15,206,850
GasProduction858,471 Mcf$2,919,996
Total$18,126,846

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 28.4689, -99.7098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46892, -99.70976 · 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
6,857 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 6,857 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-12737810D 1H6,857 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 20265684,467106.413.05$74,047
Apr 20260098.932.87$0
Mar 20264353,71389.753.15$50,735
Feb 20264843,48463.503.75$43,800
Jan 20266214,37459.138.00$71,703
Dec 20256664,55656.664.41$57,843
Nov 20256384,34558.593.93$54,441
Oct 20256324,96659.383.30$53,940
Sep 20255924,68062.743.08$51,542
Aug 20256705,14863.933.01$58,353
Jul 20259375,29766.743.32$80,096
Jun 20256765,02966.483.13$60,675
May 20257374,87760.553.23$60,389
Apr 20258174,85562.363.54$68,150
Mar 20257324,62067.704.27$69,276
Feb 20256544,14170.884.34$64,331
Jan 20257954,48074.324.28$78,253
Dec 20247104,44768.993.12$62,864
Nov 20248024,92769.052.20$66,210
Oct 20249155,12971.372.28$77,005
Sep 20249175,12569.612.36$75,950
Aug 20249035,20775.632.06$79,039
Jul 20249115,36679.932.15$84,335
Jun 20249214,98078.082.63$85,029
May 20249084,69878.812.20$81,888
Apr 20247361,46084.451.66$64,578
Mar 20248631,67080.301.55$71,879
Feb 202467680076.091.78$52,864
Jan 202479537273.023.30$59,278
Dec 20231,0144,59871.262.61$84,262
Nov 20236993,51477.892.81$64,311
Oct 20237045,33085.443.09$76,605
Sep 20239926,33189.042.74$105,643
Aug 20231,0016,25880.522.67$97,327
Jul 20231,0166,37474.852.64$92,886
Jun 20231,1106,62368.962.26$91,504
May 20231,1026,64470.622.23$92,622
Apr 20231,1366,91078.122.24$104,207
Mar 20239365,39072.852.39$81,087
Feb 20239546,04575.112.47$86,560
Jan 20231,4698,05376.533.39$139,704
Dec 20227946,43876.415.73$97,553
Nov 20228115,98285.005.65$102,711
Oct 20221,1426,10987.185.86$135,381
Sep 20221,1085,81384.888.16$141,503
Aug 20221,0686,69394.529.13$162,035
Jul 20221,2397,160101.587.54$179,859
Jun 20221,4017,786115.097.98$223,352
May 20221,5169,035109.378.43$241,997
Apr 20221,5948,529104.226.84$224,445
Mar 20221,6628,913108.885.08$226,205
Feb 20221,6138,34791.054.86$187,420
Jan 20222,0049,93481.844.54$209,085
Dec 20211,5757,47371.323.90$141,467
Nov 20211,5047,54277.435.24$155,951
Oct 20211,6237,77679.795.71$173,930
Sep 20211,3047,53969.865.35$131,438
Aug 20211,6517,85466.024.22$142,148
Jul 20211,8559,48570.783.98$169,067
Jun 20211,9048,92869.493.38$162,491
May 20211,8157,73163.483.02$138,546
Apr 20212,1309,88060.362.76$155,820
Mar 20212,4539,80361.302.72$177,003
Feb 20211,5947,25757.805.55$132,395
Jan 20212,3169,08950.412.81$142,292
Dec 20202,0958,14844.642.68$115,320
Nov 20202,2839,08138.772.71$113,090
Oct 20201,8159,78336.972.48$91,347
Sep 20202,3359,17437.091.99$104,871
Aug 20202,7859,77939.982.39$134,668
Jul 20203,24310,65138.371.83$143,873
Jun 20203,90414,03734.901.69$159,976
May 20203,67012,46116.921.81$84,710
Apr 20202,99712,68314.751.80$67,091
Mar 20202,45013,07130.341.86$98,596
Feb 20202,62312,25849.881.98$155,114
Jan 20203,82713,67557.252.09$247,741
Dec 20191,7556,61859.012.30$118,813
Nov 20191,6756,30255.302.75$109,962
Oct 20191,45410,08753.472.42$102,141
Sep 20193,95411,56155.052.66$248,389
Aug 20194,84915,55653.112.30$293,377
Jul 20194,64917,88256.272.46$305,590
Jun 20195,28118,92052.782.49$325,865
May 20196,08621,92758.482.74$415,996
Apr 20196,53821,97362.632.75$469,916
Mar 20197,75025,86656.803.06$519,404
Feb 20197,60323,48950.852.79$452,199
Jan 201911,06340,20746.033.23$639,025
Dec 201813,37138,76046.594.19$785,183
Nov 201815,84036,09152.934.24$991,337
Oct 201816,60316,35361.443.40$1,075,657
Sep 201812,0479,09359.543.11$745,539
Aug 201815,75610,60959.403.07$968,440
Jul 201816,50811,88265.142.93$1,110,168
Jun 20186311560.183.08$4,145

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           568 bbl  × $106.41 =    $60,441
Gas                4,467 Mcf  × $  3.05 =    $13,606

────────────────────────────────────────────────────
Month total                                  $74,047

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/301344 is the state's own key, not one this site invented.