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 301348District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.4 M
Oct 2017 – May 2026
Value, last 12 filed months
$722 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-1112026-05-11239123

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
CondensateDisposition241,310 bbl$14,508,462
GasProduction855,551 Mcf$2,855,912
Total$17,364,374

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 28.4638, -99.7180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46378, -99.71798 · 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
6,852 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 6,852 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-12737353B 6H6,852 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 20266165,120106.413.05$81,143
Apr 20260098.932.87$0
Mar 20267424,97789.753.15$82,269
Feb 20265403,74763.503.75$48,342
Jan 20266934,70459.138.00$78,599
Dec 20256834,66656.664.41$59,292
Nov 20257354,46258.593.93$60,583
Oct 20255384,38359.383.30$46,432
Sep 20256894,88162.743.08$58,246
Aug 20257215,14663.933.01$61,607
Jul 20259195,43666.743.32$79,355
Jun 20257155,89366.483.13$65,971
May 20257075,51260.553.23$60,625
Apr 20257285,09362.363.54$63,443
Mar 20254922,38967.704.27$43,505
Feb 20255512,48470.884.34$49,838
Jan 20255742,83474.324.28$54,785
Dec 20245452,45868.993.12$45,272
Nov 20245352,11969.052.20$41,600
Oct 20246602,59871.372.28$53,031
Sep 20248243,69969.612.36$66,104
Aug 20248443,62375.632.06$71,308
Jul 20246802,88779.932.15$60,550
Jun 20248744,17678.082.63$79,241
May 20248173,46078.812.20$71,994
Apr 20248214,64084.451.66$77,032
Mar 20248324,57380.301.55$73,875
Feb 20248123,23476.091.78$67,553
Jan 20249163,59173.023.30$78,728
Dec 20237063,12271.262.61$58,460
Nov 20238964,40777.892.81$82,162
Oct 20239806,28385.443.09$103,129
Sep 20231,1497,72789.042.74$123,441
Aug 20239875,73680.522.67$94,805
Jul 20231,0536,55374.852.64$96,129
Jun 20231,2017,77268.962.26$100,374
May 20231,4967,73670.622.23$122,879
Apr 20235491,87878.122.24$47,090
Mar 20237114,96272.852.39$63,671
Feb 20237945,90975.112.47$74,207
Jan 20238115,35776.533.39$80,214
Dec 20229396,65976.415.73$109,899
Nov 20227506,27185.005.65$99,157
Oct 20229606,04987.185.86$119,163
Sep 20229285,84084.888.16$126,445
Aug 20221,1014,94394.529.13$149,182
Jul 20221,0806,513101.587.54$158,828
Jun 20221,3428,242115.097.98$220,199
May 20221,4086,748109.378.43$210,899
Apr 20221,0066,166104.226.84$147,006
Mar 20221,3916,641108.885.08$185,164
Feb 20229826,19591.054.86$119,512
Jan 20221,7568,24881.844.54$181,138
Dec 20211,7677,28971.323.90$154,443
Nov 20211,1603,07477.435.24$105,917
Oct 20211,5505,00279.795.71$152,255
Sep 20211,9359,61169.865.35$186,607
Aug 20212,4089,57566.024.22$199,388
Jul 20212,42615,56170.783.98$233,677
Jun 20212,6248,83769.493.38$212,216
May 20211,74211,92963.483.02$146,580
Apr 20211,7036,53060.362.76$120,806
Mar 20211,9666,19661.302.72$137,350
Feb 20216382,37457.805.55$50,047
Jan 20211,8758,39250.412.81$118,103
Dec 20202,0818,63644.642.68$116,001
Nov 20202,3049,90538.772.71$116,135
Oct 20202,54113,09236.972.48$126,388
Sep 20202,40611,32237.091.99$111,781
Aug 20203,39111,03639.982.39$161,894
Jul 20204,83013,54838.371.83$210,054
Jun 20200034.901.69$0
May 202022582416.921.81$5,302
Apr 20202,2138,37614.751.80$47,755
Mar 20202,4089,20230.341.86$90,140
Feb 20202,23010,76949.881.98$132,562
Jan 20202,72310,95957.252.09$178,848
Dec 20191,5236,07459.012.30$103,869
Nov 20191,2165,77155.302.75$83,119
Oct 20191,1599,20453.472.42$84,232
Sep 20191,3148,77255.052.66$95,645
Aug 20193,05212,71053.112.30$191,380
Jul 20193,99914,85256.272.46$261,561
Jun 20193,78814,36852.782.49$235,724
May 20193,70714,52058.482.74$256,575
Apr 20194,36915,18162.632.75$315,389
Mar 20194,55616,29956.803.06$308,690
Feb 20194,33715,89650.852.79$264,922
Jan 20194,49913,59946.033.23$250,989
Dec 20183,94812,84446.594.19$237,695
Nov 20184,83812,99452.934.24$311,134
Oct 20185,14112,25261.443.40$357,496
Sep 20185,0069,22959.543.11$326,741
Aug 20184,9595,86359.403.07$312,544
Jul 20182,7442,45165.142.93$185,930
Jun 201821778360.183.08$15,468
May 20189875665.382.90$8,600
Apr 20185,45625,85163.842.90$423,300
Mar 20187,54433,38561.222.79$554,882
Feb 20188,53533,49261.782.77$619,935
Jan 201813,21341,45362.874.01$996,900
Dec 201716,72932,14757.272.92$1,051,988
Nov 201719,35914,89255.423.12$1,119,314
Oct 201712,0799,13249.292.98$622,621

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           616 bbl  × $106.41 =    $65,549
Gas                5,120 Mcf  × $  3.05 =    $15,595

────────────────────────────────────────────────────
Month total                                  $81,143

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/301348 is the state's own key, not one this site invented.