GIBSON SOUTH UNIT 14 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 18440District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.1 M
Apr 2015 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
134
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
OilDisposition88,780 bbl$4,261,641
Casinghead gasProduction282,864 Mcf$806,347
Total$5,067,988

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 28.4156, -99.7087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41560, -99.70865 · 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
6,922 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 6,922 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-12736871N 1H6,922 ftApr 2015

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 (134)

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

134 months

May 202615422106.413.05$2,881
Apr 202631,11198.932.87$3,485
Mar 20263481089.753.15$5,603
Feb 20261711,04663.503.75$14,781
Jan 20266369159.138.00$9,252
Dec 20257775156.664.41$7,677
Nov 202511885758.593.93$10,279
Oct 20251561,12359.383.30$12,975
Sep 202510287062.743.08$9,076
Aug 202511694263.933.01$10,256
Jul 202514495766.743.32$12,783
Jun 202515198466.483.13$13,117
May 202516846560.553.23$11,675
Apr 202511335762.363.54$8,312
Mar 20258780667.704.27$9,330
Feb 20259855470.884.34$9,351
Jan 202512795374.324.28$13,516
Dec 20246296468.993.12$7,286
Nov 20242097969.052.20$3,533
Oct 2024301,03171.372.28$4,493
Sep 20242362169.612.36$3,069
Aug 20243889275.632.06$4,715
Jul 202415149879.932.15$13,138
Jun 20249491778.082.63$9,755
May 20248754978.812.20$8,063
Apr 202419570484.451.66$17,636
Mar 202415854680.301.55$13,531
Feb 20246632776.091.78$5,605
Jan 20242840873.023.30$3,390
Dec 20232048871.262.61$2,699
Nov 20234217177.892.81$3,751
Oct 20233258985.443.09$4,552
Sep 20231319889.042.74$1,699
Aug 2023437780.522.67$1,330
Jul 2023812574.852.64$929
Jun 20231726768.962.26$1,775
May 20232831470.622.23$2,677
Apr 20233119178.122.24$2,849
Mar 20231010972.852.39$989
Feb 20236732575.112.47$5,834
Jan 20237558376.533.39$7,715
Dec 20223321476.415.73$3,748
Nov 202211331685.005.65$11,389
Oct 202216551287.185.86$17,387
Sep 202211142784.888.16$12,908
Aug 202210892694.529.13$18,660
Jul 2022801,003101.587.54$15,691
Jun 20227362115.097.98$8,896
May 20223574109.378.43$4,452
Apr 202255318104.226.84$7,906
Mar 202272478108.885.08$10,266
Feb 20228927991.054.86$9,459
Jan 20227242881.844.54$7,835
Dec 20214351471.323.90$5,071
Nov 202116477.435.24$1,260
Oct 20215426179.795.71$5,800
Sep 20214625869.865.35$4,594
Aug 202110933366.024.22$8,602
Jul 202114336670.783.98$11,579
Jun 20219831969.493.38$7,888
May 20218661563.483.02$7,315
Apr 20218142660.362.76$6,064
Mar 202115849461.302.72$11,028
Feb 202112085157.805.55$11,657
Jan 20214332750.412.81$3,087
Dec 20206435544.642.68$3,807
Nov 20207655938.772.71$4,459
Oct 202011856836.972.48$5,770
Sep 202016556037.091.99$7,235
Aug 202017172539.982.39$8,566
Jul 20202261,39038.371.83$11,209
Jun 20200034.901.69$0
May 202092716.921.81$201
Apr 202020447214.751.80$3,861
Mar 202030682130.341.86$10,808
Feb 202025780749.881.98$14,418
Jan 20203261,65357.252.09$22,126
Dec 20193121,63259.012.30$22,172
Nov 201933890055.302.75$21,167
Oct 201933192953.472.42$19,945
Sep 20193331,71555.052.66$22,889
Aug 20193181,63753.112.30$20,661
Jul 20192401,31056.272.46$16,727
Jun 20194032,11352.782.49$26,534
May 20193582,03658.482.74$26,515
Apr 20193232,02462.632.75$25,797
Mar 20194101,33456.803.06$27,373
Feb 20194081450.852.79$20,786
Jan 20194371746.033.23$20,170
Dec 201843969746.594.19$23,370
Nov 20184231,63052.934.24$29,296
Oct 20184091,07561.443.40$28,782
Sep 20184951,96359.543.11$35,573
Aug 20186231,63259.403.07$42,011
Jul 20186682,99765.142.93$52,300
Jun 20184051,98260.183.08$30,471
May 20183512,43865.382.90$30,021
Apr 20184843,14063.842.90$40,007
Mar 20184722,38361.222.79$35,537
Feb 20186712,95361.782.77$49,623
Jan 20188143,43062.874.01$64,928
Dec 20177813,28957.272.92$54,337
Nov 20177062,91255.423.12$48,207
Oct 20177803,43849.292.98$48,704
Sep 20177245,24047.523.09$50,582
Aug 20176172,53445.373.00$35,606
Jul 20176512,57443.873.09$36,506
Jun 20177162,52342.493.09$38,212
May 20179594,59845.373.26$58,515
Apr 20178242,76247.933.21$48,365
Mar 20177612,13246.772.98$41,953
Feb 20178592,56750.452.95$50,916
Jan 20171,0053,16249.413.42$60,467
Dec 20161,0533,67848.763.72$65,037
Nov 20161,1624,15942.492.64$60,371
Oct 20161,2074,63346.193.09$70,069
Sep 20161,4045,27541.553.10$74,692
Aug 20161,5185,89141.442.92$80,133
Jul 20161,6716,37041.622.92$88,175
Jun 20161,7446,46145.352.69$96,444
May 20161,6024,93242.521.99$77,937
Apr 20161,4193,84536.561.99$59,534
Mar 20161,7914,41833.011.79$67,047
Feb 20161,4824,63226.472.06$48,787
Jan 20163,82814,77627.352.36$139,632
Dec 20153,35411,40932.362.00$131,370
Nov 20153,63011,90538.792.17$166,610
Oct 20154,43215,85443.552.43$231,485
Sep 20153,3849,89742.992.76$172,778
Aug 20154,64812,21240.162.87$221,743
Jul 20154,5168,76848.152.95$243,268
Jun 20158,04511,58356.152.88$485,119
May 201510,0758,84055.212.96$582,367
Apr 20150049.822.71$0

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                   15 bbl  × $106.41 =     $1,596
Casinghead gas       422 Mcf  × $  3.05 =     $1,285

────────────────────────────────────────────────────
Month total                                   $2,881

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/18440 is the state's own key, not one this site invented.