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 301346District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Sep 2019 – May 2026
Value, last 12 filed months
$885 k
at the published price for each month
Months reported
81
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-1112026-05-11239122

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
CondensateDisposition178,366 bbl$10,632,666
GasProduction721,082 Mcf$2,330,261
Total$12,962,927

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 28.4532, -99.7353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45321, -99.73534 · 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
6,827 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 6,827 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-12738116A 4H6,827 ftSep 2019

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 (81)

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

81 months

May 20266726,468106.413.05$91,208
Apr 20260098.932.87$0
Mar 20266655,25589.753.15$76,234
Feb 20265724,72863.503.75$54,054
Jan 20267355,93459.138.00$90,920
Dec 20258336,92856.664.41$77,774
Nov 20258556,71858.593.93$76,472
Oct 20257427,07559.383.30$67,442
Sep 20258037,21862.743.08$72,589
Aug 20259238,19563.933.01$83,713
Jul 20251,5396,93466.743.32$125,700
Jun 20258104,79866.483.13$68,860
May 20257033,98360.553.23$55,441
Apr 20258574,25862.363.54$68,529
Mar 20257183,55467.704.27$63,778
Feb 20257783,65270.884.34$70,997
Jan 20258094,33374.324.28$78,664
Dec 20247984,15568.993.12$68,023
Nov 20249915,28769.052.20$80,052
Oct 20249995,56771.372.28$83,999
Sep 20241,0935,13769.612.36$88,229
Aug 20241,1085,08575.632.06$94,292
Jul 20241,0865,01379.932.15$97,565
Jun 20241,0475,42978.082.63$96,050
May 20241,1866,20378.812.20$107,106
Apr 20241,4666,50784.451.66$134,600
Mar 20241,1834,95180.301.55$102,645
Feb 20241,1754,54576.091.78$97,512
Jan 20241,3824,67573.023.30$116,330
Dec 20231,3215,28771.262.61$107,937
Nov 20239464,78677.892.81$87,121
Oct 20231,0895,50185.443.09$110,027
Sep 20231,3806,70089.042.74$141,200
Aug 20231,3896,09080.522.67$128,120
Jul 20231,1275,46874.852.64$98,801
Jun 20231,5305,47568.962.26$117,874
May 20231,3785,19070.622.23$108,875
Apr 20231,1204,04278.122.24$96,539
Mar 20231,33310,06572.852.39$121,196
Feb 20231,30010,60075.112.47$123,779
Jan 20231,6395,63776.533.39$144,529
Dec 20222,2556,94876.415.73$212,110
Nov 20221,1715,44685.005.65$130,284
Oct 20221,7588,28087.185.86$201,814
Sep 20221,7047,02984.888.16$202,018
Aug 20221,7447,01594.529.13$228,870
Jul 20221,5557,955101.587.54$217,954
Jun 20221,7297,952115.097.98$262,425
May 20221,5478,245109.378.43$238,726
Apr 20221,7369,705104.226.84$247,285
Mar 20222,16510,627108.885.08$289,672
Feb 20222,2327,50191.054.86$239,670
Jan 20221,6995,89781.844.54$165,805
Dec 20212,1496,59871.323.90$178,993
Nov 20211,4035,78077.435.24$138,903
Oct 20211,9087,02479.795.71$192,374
Sep 20212,2117,53969.865.35$194,801
Aug 20212,6258,65666.024.22$209,836
Jul 20211,7587,38970.783.98$153,855
Jun 20211,9729,11069.493.38$167,832
May 20212,1939,41463.483.02$167,620
Apr 20212,2489,79660.362.76$162,711
Mar 20212,6009,02361.302.72$183,895
Feb 20212,1009,59357.805.55$174,601
Jan 20213,00213,26850.412.81$188,617
Dec 20203,18914,08344.642.68$180,035
Nov 20203,54413,09138.772.71$172,833
Oct 20203,80913,83236.972.48$175,100
Sep 20203,15114,83237.091.99$146,402
Aug 20203,99517,10039.982.39$200,505
Jul 20204,20618,10938.371.83$194,435
Jun 20204,47719,85834.901.69$189,813
May 20204,96922,43216.921.81$124,784
Apr 20206,28227,18814.751.80$141,717
Mar 20207,80330,94530.341.86$294,184
Feb 20208,47324,18549.881.98$470,536
Jan 202011,00338,66557.252.09$710,915
Dec 20195,69016,67059.012.30$374,181
Nov 20196,57812,34355.302.75$397,715
Oct 20198,6099,18653.472.42$482,540
Sep 20193,0445,34755.052.66$181,781

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           672 bbl  × $106.41 =    $71,508
Gas                6,468 Mcf  × $  3.05 =    $19,700

────────────────────────────────────────────────────
Month total                                  $91,208

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/301346 is the state's own key, not one this site invented.