GIBSON SOUTH UNIT 16 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 18477District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.2 M
Apr 2015 – May 2026
Value, last 12 filed months
$860 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
OilDisposition318,765 bbl$15,899,413
Casinghead gasProduction793,956 Mcf$2,282,787
Total$18,182,199

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 28.4218, -99.6975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.42185, -99.69751 · 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
6,836 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 6,828 and 6,844 ft, median 6,836 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015
2 of 2 wells

2 wells

42-12736154J 1H6,828 ftApr 2015
42-12736155J 2H6,844 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 20265162,625106.413.05$62,903
Apr 20265712,47198.932.87$63,580
Mar 20264582,78289.753.15$49,867
Feb 20264143,24063.503.75$38,440
Jan 20266594,98059.138.00$78,796
Dec 20259145,86056.664.41$77,650
Nov 20258715,67858.593.93$73,326
Oct 20258375,07559.383.30$66,473
Sep 20258704,46962.743.08$68,335
Aug 20251,1875,66363.933.01$92,958
Jul 20251,0715,62766.743.32$90,133
Jun 20251,1696,21566.483.13$97,160
May 20251,1523,69960.553.23$81,710
Apr 20255742,65462.363.54$45,198
Mar 202517042267.704.27$13,310
Feb 20256131,64270.884.34$50,577
Jan 20256021,67574.324.28$51,907
Dec 20245201,97168.993.12$42,027
Nov 20244902,01569.052.20$38,264
Oct 20246901,99971.372.28$53,806
Sep 20246061,80669.612.36$46,454
Aug 20246942,09275.632.06$56,804
Jul 20248822,00779.932.15$74,806
Jun 202446993178.082.63$39,072
May 20247271,36678.812.20$60,298
Apr 20247311,21084.451.66$63,741
Mar 202421540480.301.55$17,889
Feb 20246961,18076.091.78$55,063
Jan 202472073.023.30$5,257
Dec 202384171.262.61$5,988
Nov 20236136577.892.81$5,776
Oct 202322532585.443.09$20,227
Sep 202342220689.042.74$38,138
Aug 202347849380.522.67$39,806
Jul 202343049874.852.64$33,501
Jun 202337471668.962.26$27,408
May 20235651,08770.622.23$42,321
Apr 20236031,19478.122.24$49,778
Mar 202356999072.852.39$43,821
Feb 202354680675.112.47$42,997
Jan 20236191,12876.533.39$51,193
Dec 20227331,09376.415.73$62,270
Nov 202223819885.005.65$21,348
Oct 202241368687.185.86$40,028
Sep 202242568584.888.16$41,666
Aug 202246842494.529.13$48,105
Jul 20228311,040101.587.54$92,257
Jun 20226841,477115.097.98$90,504
May 20221,0031,873109.378.43$125,493
Apr 20229041,545104.226.84$104,779
Mar 20229001,490108.885.08$105,556
Feb 20221,0961,28491.054.86$106,030
Jan 20226661,34581.844.54$60,609
Dec 20211,2752,20471.323.90$99,527
Nov 20216961,60877.435.24$62,312
Oct 20211,1391,74379.795.71$100,840
Sep 20218921,66369.865.35$71,214
Aug 20219951,05266.024.22$70,130
Jul 20219021,16670.783.98$68,487
Jun 20218831,25169.493.38$65,589
May 20211,0001,29563.483.02$67,388
Apr 20211,0271,18060.362.76$65,245
Mar 20217911,14261.302.72$51,591
Feb 20219081,27057.805.55$59,528
Jan 20218831,61350.412.81$49,045
Dec 20209811,63644.642.68$48,169
Nov 20208662,04638.772.71$39,112
Oct 20201,0102,36636.972.48$43,204
Sep 20201,1162,30837.091.99$45,988
Aug 20209802,33139.982.39$44,740
Jul 20201,3222,73838.371.83$55,722
Jun 20208731,18934.901.69$32,477
May 202010619016.921.81$2,138
Apr 20209972,24614.751.80$18,758
Mar 20201,0901,85930.341.86$36,521
Feb 20201,0092,38849.881.98$55,059
Jan 20201,1262,37057.252.09$69,428
Dec 20191,3453,33359.012.30$87,049
Nov 20191,1772,78355.302.75$72,743
Oct 20191,1383,96253.472.42$70,431
Sep 20197923,04955.052.66$51,702
Aug 201935483753.112.30$20,730
Jul 20191,4244,11756.272.46$90,257
Jun 20191,2473,53452.782.49$74,621
May 20191,5473,41558.482.74$99,827
Apr 20191,4143,39362.632.75$97,892
Mar 20191,6014,00656.803.06$103,204
Feb 20191,4433,32550.852.79$82,661
Jan 20192,3384,07146.033.23$120,760
Dec 20181,1054,15646.594.19$68,877
Nov 20181,8934,23152.934.24$118,124
Oct 20181,6544,29861.443.40$116,227
Sep 20181,6114,47159.543.11$109,815
Aug 20181,9275,28759.403.07$130,677
Jul 20181,8355,40265.142.93$135,370
Jun 20182,0125,67860.183.08$138,553
May 20181,6194,82165.382.90$119,835
Apr 20181,7996,43563.842.90$133,515
Mar 20182,1876,33361.222.79$151,537
Feb 20181,9705,95861.782.77$138,187
Jan 20182,4286,84662.874.01$180,096
Dec 20172,2866,79957.272.92$150,783
Nov 20172,4357,68355.423.12$158,906
Oct 20173,0049,14549.292.98$175,353
Sep 20179454,75747.523.09$59,593
Aug 20172,6688,54645.373.00$146,723
Jul 20172,8069,99543.873.09$153,957
Jun 20172,93510,85942.493.09$158,233
May 20172,3979,00845.373.26$138,149
Apr 20172,83210,66147.933.21$169,977
Mar 20173,20313,02046.772.98$188,652
Feb 20172,86210,15950.452.95$174,383
Jan 20173,12010,67649.413.42$190,658
Dec 20163,31211,59648.763.72$204,663
Nov 20163,22311,82542.492.64$168,215
Oct 20163,37713,47146.193.09$197,613
Sep 20164,07914,69641.553.10$215,049
Aug 20163,95816,30041.442.92$211,686
Jul 20164,43819,23941.622.92$240,971
Jun 20165,08623,08745.352.69$292,658
May 20165,99125,30142.521.99$305,113
Apr 20166,01219,34336.561.99$258,311
Mar 20167,36225,46533.011.79$288,704
Feb 20167,61320,39926.472.06$243,612
Jan 20168,23424,19127.352.36$282,396
Dec 201510,32726,23832.362.00$386,695
Nov 201511,20129,65238.792.17$498,752
Oct 201511,75825,85243.552.43$574,793
Sep 201515,04132,75542.992.76$736,965
Aug 201518,34136,32940.162.87$840,929
Jul 201519,76922,59548.152.95$1,018,421
Jun 201519,07315,60556.152.88$1,115,936
May 201520,18817,06155.212.96$1,165,002
Apr 20155,3854,34649.822.71$280,043

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                  516 bbl  × $106.41 =    $54,908
Casinghead gas     2,625 Mcf  × $  3.05 =     $7,995

────────────────────────────────────────────────────
Month total                                  $62,903

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/18477 is the state's own key, not one this site invented.