GIBSON SOUTH UNIT 15 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 18450District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.1 M
Apr 2015 – May 2026
Value, last 12 filed months
$290 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
OilDisposition293,018 bbl$14,157,015
Casinghead gasProduction687,590 Mcf$1,921,700
Total$16,078,715

Wells on this lease (2)

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 28.4234, -99.6950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.42337, -99.69499 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,824 ft
2 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.
2100.0%

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

Between 6,818 and 6,830 ft, median 6,824 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015
2 of 2 wells

2 wells

42-12736156J 3H6,818 ftApr 2015
42-12736157J 4H6,830 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 2026383457106.413.05$42,147
Apr 20263357998.932.87$33,368
Mar 20262751489.753.15$24,725
Feb 20261374163.503.75$8,853
Jan 202625410059.138.00$15,819
Dec 202534742656.664.41$21,541
Nov 20256952,21558.593.93$49,417
Oct 20259381,27459.383.30$59,909
Sep 20250162.743.08$3
Aug 202555663.933.01$3,534
Jul 20251871366.743.32$12,523
Jun 202526912966.483.13$18,287
May 202530928660.553.23$19,634
Apr 202532328262.363.54$21,141
Mar 20251851867.704.27$12,601
Feb 20252946170.884.34$21,104
Jan 20253447474.324.28$25,883
Dec 20245951,11568.993.12$44,529
Nov 20249792,47069.052.20$73,030
Oct 202439543171.372.28$29,174
Sep 202430712769.612.36$21,671
Aug 202439526975.632.06$30,429
Jul 202436117479.932.15$29,228
Jun 20242446178.082.63$19,212
May 20243226378.812.20$25,515
Apr 202416316784.451.66$14,042
Mar 202414712880.301.55$12,002
Feb 202440051176.091.78$31,347
Jan 20242602173.023.30$19,054
Dec 20231001571.262.61$7,165
Nov 202312226377.892.81$10,241
Oct 202350823785.443.09$44,135
Sep 202330618589.042.74$27,752
Aug 202341831880.522.67$34,507
Jul 202345331074.852.64$34,726
Jun 202351526668.962.26$36,115
May 202332138370.622.23$23,522
Apr 202330433478.122.24$24,496
Mar 202333138572.852.39$25,035
Feb 202335135375.112.47$27,234
Jan 202348076776.533.39$39,333
Dec 202236840276.415.73$30,422
Nov 202230526785.005.65$27,433
Oct 202244954887.185.86$42,357
Sep 202245358084.888.16$43,186
Aug 202252554094.529.13$54,552
Jul 2022370724101.587.54$43,045
Jun 2022386663115.097.98$49,714
May 2022558723109.378.43$67,126
Apr 2022526612104.226.84$59,004
Mar 2022480553108.885.08$55,070
Feb 202250530991.054.86$47,482
Jan 202223011181.844.54$19,327
Dec 202135510871.323.90$25,740
Nov 20212046577.435.24$16,136
Oct 20212776279.795.71$22,456
Sep 20211729969.865.35$12,546
Aug 202137720066.024.22$25,734
Jul 202133723470.783.98$24,785
Jun 202133324969.493.38$23,982
May 202139826063.483.02$26,050
Apr 202141627660.362.76$25,871
Mar 202130822061.302.72$19,478
Feb 202137530257.805.55$23,350
Jan 202139341250.412.81$20,969
Dec 202046240944.642.68$21,718
Nov 202040850438.772.71$17,182
Oct 202044154536.972.48$17,655
Sep 20208841,34837.091.99$35,471
Aug 202064785839.982.39$27,913
Jul 202047458938.371.83$19,262
Jun 202055361334.901.69$20,336
May 2020718016.921.81$1,347
Apr 202060848714.751.80$9,847
Mar 202055086030.341.86$18,283
Feb 202047057949.881.98$24,590
Jan 202054977057.252.09$33,043
Dec 201948781259.012.30$30,609
Nov 201942753155.302.75$25,074
Oct 201947364253.472.42$26,844
Sep 201948415155.052.66$27,045
Aug 2019155053.112.30$8,232
Jul 20191,2714,79356.272.46$83,310
Jun 20191,1284,02552.782.49$69,563
May 20191,3904,60258.482.74$93,898
Apr 20191,3364,92662.632.75$97,224
Mar 20191,4905,43756.803.06$101,281
Feb 20191,4695,05550.852.79$88,813
Jan 20192,3175,93646.033.23$125,814
Dec 20181,1025,87046.594.19$75,911
Nov 20181,7965,50052.934.24$118,367
Oct 20181,6726,51361.443.40$124,859
Sep 20181,6456,25759.543.11$117,390
Aug 20181,9357,35059.403.07$137,478
Jul 20181,8186,87265.142.93$138,572
Jun 20181,9677,45160.183.08$141,300
May 20181,6795,96065.382.90$127,062
Apr 20181,8468,08963.842.90$141,313
Mar 20182,3298,69161.222.79$166,802
Feb 20181,5455,05761.782.77$109,438
Jan 20182,2967,12062.874.01$172,896
Dec 20172,1327,42357.272.92$143,786
Nov 20172,3739,09855.423.12$159,883
Oct 20173,18410,41149.292.98$188,002
Sep 20177663,53547.523.09$47,314
Aug 20172,82210,40345.373.00$159,289
Jul 20172,87911,37743.873.09$161,426
Jun 20173,01812,39342.493.09$166,495
May 20172,50710,49145.373.26$147,979
Apr 20173,05712,66947.933.21$187,210
Mar 20173,82615,80646.772.98$226,102
Feb 20172,8318,41450.452.95$167,667
Jan 20172,8148,99649.413.42$169,795
Dec 20163,35311,79348.763.72$207,396
Nov 20164,34314,70042.492.64$223,406
Oct 20164,66716,59546.193.09$266,852
Sep 20164,79516,87741.553.10$251,562
Aug 20165,11017,24241.442.92$262,180
Jul 20165,29818,46341.622.92$274,495
Jun 20165,85026,49445.352.69$336,456
May 20167,23329,04942.521.99$365,385
Apr 20166,62020,71936.561.99$283,280
Mar 20166,76620,92033.011.79$260,876
Feb 20167,11719,00526.472.06$227,606
Jan 20168,51421,70227.352.36$284,169
Dec 20159,16021,72032.362.00$339,888
Nov 20159,91021,52438.792.17$431,059
Oct 201512,84429,15543.552.43$630,103
Sep 201514,02027,20942.992.76$677,774
Aug 201516,56228,36140.162.87$746,597
Jul 201517,74919,04348.152.95$910,698
Jun 201519,03815,06656.152.88$1,112,417
May 201519,11815,19555.212.96$1,100,413
Apr 20159,3617,11249.822.71$485,614

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                  383 bbl  × $106.41 =    $40,755
Casinghead gas       457 Mcf  × $  3.05 =     $1,392

────────────────────────────────────────────────────
Month total                                  $42,147

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/18450 is the state's own key, not one this site invented.