GIBSON SOUTH UNIT 12 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.

Oil lease lease 18026District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.0 M
Sep 2014 – May 2026
Value, last 12 filed months
$320 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition187,194 bbl$10,534,484
Casinghead gasProduction460,332 Mcf$1,417,860
Total$11,952,344

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 28.4108, -99.6995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41085, -99.69953 · 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
7,051 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 7,051 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-12735748L 3H7,051 ftSep 2014

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 (141)

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

141 months

May 20262862,177106.413.05$37,064
Apr 20262792,12898.932.87$33,708
Mar 20263212,55289.753.15$36,847
Feb 20263442,40563.503.75$30,864
Jan 20263042,43459.138.00$37,442
Dec 20253502,75456.664.41$31,985
Nov 20252612,62058.593.93$25,579
Oct 20251742,63659.383.30$19,044
Sep 20251251,92562.743.08$13,766
Aug 20251352,16763.933.01$15,164
Jul 20251662,47266.743.32$19,274
Jun 20251802,31766.483.13$19,216
May 20251811,95860.553.23$17,288
Apr 20252502,11262.363.54$23,073
Mar 20251892,54367.704.27$23,650
Feb 20253693,04670.884.34$39,377
Jan 20254232,85274.324.28$43,640
Dec 20243902,11068.993.12$33,492
Nov 20242391,24469.052.20$19,238
Oct 20243731,42371.372.28$29,867
Sep 20243091,24769.612.36$24,458
Aug 20243231,37775.632.06$27,270
Jul 20243431,71579.932.15$31,097
Jun 20245081,62878.082.63$43,953
May 20244121,53378.812.20$35,840
Apr 20243152,04584.451.66$29,995
Mar 20245222,32580.301.55$45,509
Feb 20244001,47476.091.78$33,065
Jan 20243811,62173.023.30$33,166
Dec 20235502,16371.262.61$44,840
Nov 20235182,40977.892.81$47,110
Oct 20236352,67085.443.09$62,497
Sep 20230089.042.74$0
Aug 20236080.522.67$483
Jul 202313244574.852.64$11,056
Jun 20233131,14268.962.26$24,164
May 20233511,09970.622.23$27,236
Apr 202321841878.122.24$17,966
Mar 202320931972.852.39$15,989
Feb 202319929575.112.47$15,674
Jan 202318626076.533.39$15,115
Dec 202219525076.415.73$16,332
Nov 202224826085.005.65$22,548
Oct 202226230087.185.86$24,600
Sep 202226130084.888.16$24,603
Aug 202226135994.529.13$27,946
Jul 2022231376101.587.54$26,301
Jun 2022282523115.097.98$36,627
May 2022319702109.378.43$40,809
Apr 2022317539104.226.84$36,723
Mar 2022358642108.885.08$42,238
Feb 202227261191.054.86$27,734
Jan 202237283481.844.54$34,229
Dec 202132179771.323.90$26,001
Nov 202133278077.435.24$29,792
Oct 202139283279.795.71$36,032
Sep 202130559369.865.35$24,480
Aug 202131752666.024.22$23,148
Jul 202128627970.783.98$21,354
Jun 202136070369.493.38$27,393
May 202134061463.483.02$23,436
Apr 202137762760.362.76$24,485
Mar 202137564261.302.72$24,732
Feb 202134986857.805.55$24,988
Jan 202131465450.412.81$17,667
Dec 20203711,05444.642.68$19,381
Nov 20203591,19938.772.71$17,164
Oct 20204371,44136.972.48$19,727
Sep 20204611,41337.091.99$19,912
Aug 20205742,01739.982.39$27,759
Jul 20207871,89538.371.83$33,656
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20205613114.751.80$1,062
Mar 202023638630.341.86$7,877
Feb 202028946249.881.98$15,330
Jan 202044161257.252.09$26,529
Dec 201940953459.012.30$25,366
Nov 201953780555.302.75$31,910
Oct 201946586853.472.42$26,963
Sep 20195331,41555.052.66$33,102
Aug 20195351,89653.112.30$32,783
Jul 20195511,91956.272.46$35,726
Jun 20194591,28852.782.49$27,435
May 20196182,08158.482.74$41,843
Apr 20195532,85262.632.75$42,479
Mar 20196892,45256.803.06$46,643
Feb 20195322,11750.852.79$32,963
Jan 20197102,45846.033.23$40,616
Dec 20187272,27046.594.19$43,372
Nov 20186342,14952.934.24$42,663
Oct 20188753,17961.443.40$64,563
Sep 20189893,85959.543.11$70,879
Aug 20189534,15859.403.07$69,359
Jul 20181,3312,75965.142.93$94,790
Jun 20181,16143960.183.08$71,220
May 2018383165.382.90$2,574
Apr 20187133,81263.842.90$56,576
Mar 20189334,59261.222.79$69,915
Feb 20181,0194,22161.782.77$74,630
Jan 20181,2554,98762.874.01$98,896
Dec 20171,2084,90357.272.92$83,506
Nov 20171,2395,13855.423.12$84,688
Oct 20171,4175,89349.292.98$87,427
Sep 20171,3419,35547.523.09$92,606
Aug 20171,4196,56345.373.00$84,098
Jul 20171,3625,95443.873.09$78,133
Jun 20171,3965,23342.493.09$75,472
May 20171,6896,57045.373.26$98,070
Apr 20171,3776,24547.933.21$86,056
Mar 20172,02112,59546.772.98$132,102
Feb 20171,2284,10450.452.95$74,070
Jan 20171,4964,79249.413.42$90,300
Dec 20161,4754,48148.763.72$88,603
Nov 20161,5214,36242.492.64$76,162
Oct 20161,5394,63946.193.09$85,422
Sep 20161,6165,10741.553.10$82,980
Aug 20162,2307,59441.442.92$114,619
Jul 20161,8455,32941.622.92$92,373
Jun 20162,4148,78345.352.69$133,065
May 20163,07913,57442.521.99$157,945
Apr 20161,9994,59936.561.99$82,240
Mar 20162,5866,84233.011.79$97,638
Feb 20163,26410,72026.472.06$108,520
Jan 20163,6076,96927.352.36$115,129
Dec 20153,8847,17132.362.00$140,038
Nov 20154,00610,57138.792.17$178,304
Oct 20153,8416,76543.552.43$183,691
Sep 20154,0436,86942.992.76$192,756
Aug 20155,92111,46540.162.87$270,720
Jul 20155,50110,31248.152.95$295,243
Jun 20153,4513,86956.152.88$204,927
May 20151,56412955.212.96$86,730
Apr 20153102249.822.71$15,504
Mar 2015102742.892.93$508
Feb 20156,63313,53044.662.98$336,498
Jan 20159,66719,23143.433.10$479,466
Dec 201411,37016,90354.693.59$682,530
Nov 201413,18714,72070.464.25$991,743
Oct 201417,30414,45978.303.90$1,411,307
Sep 201411,28910,52386.164.05$1,015,230

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
Oil                  286 bbl  × $106.41 =    $30,433
Casinghead gas     2,177 Mcf  × $  3.05 =     $6,631

────────────────────────────────────────────────────
Month total                                  $37,064

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/O/18026 is the state's own key, not one this site invented.