GIBSON SOUTH UNIT 5 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 19056District 01Field 12018200Hydrogen sulphide fieldST-1 filingOilCasinghead gasSaveExport
Value, all time
$17.5 M
Dec 2015 – May 2026
Value, last 12 filed months
$609 k
at the published price for each month
Months reported
126
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

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
ST-11none236825

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
OilDisposition261,856 bbl$14,949,108
Casinghead gasProduction766,594 Mcf$2,517,455
Total$17,466,563

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 28.4272, -99.6905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.42719, -99.69053 · 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
4,612 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 2,286 and 6,938 ft, median 4,612 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2015 – Jun 2017
2 of 2 wells

2 wells

42-12736971B 4H6,938 ftJun 2017
42-12736983B 3H2,286 ftMar 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 (126)

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

126 months

May 20264643,097106.413.05$58,807
Apr 20266053,11698.932.87$68,795
Mar 20264543,04189.753.15$50,324
Feb 20265033,10563.503.75$43,585
Jan 20265553,38459.138.00$59,882
Dec 20255083,28756.664.41$43,290
Nov 20254893,21758.593.93$41,282
Oct 20256173,34359.383.30$47,686
Sep 20255203,14362.743.08$42,296
Aug 20255823,82463.933.01$48,736
Jul 20256602,50166.743.32$52,340
Jun 20256083,61866.483.13$51,740
May 20256804,00360.553.23$54,113
Apr 20256543,81462.363.54$54,297
Mar 20256503,76267.704.27$60,062
Feb 20255603,35170.884.34$54,239
Jan 20257123,84974.324.28$69,384
Dec 20247724,18568.993.12$66,323
Nov 20246213,21369.052.20$49,944
Oct 20248104,19171.372.28$67,371
Sep 20248303,99569.612.36$67,222
Aug 20248114,45475.632.06$70,527
Jul 20248444,24979.932.15$76,582
Jun 20248644,07078.082.63$78,181
May 20241,0665,03978.812.20$95,089
Apr 20249503,99984.451.66$86,863
Mar 20249043,40480.301.55$77,851
Feb 20248563,27276.091.78$70,969
Jan 20249263,56673.023.30$79,376
Dec 20237112,70471.262.61$57,725
Nov 20238386,47277.892.81$83,442
Oct 20238003,72885.443.09$79,861
Sep 20231,0835,08489.042.74$110,335
Aug 20238544,13880.522.67$79,824
Jul 20239325,01474.852.64$83,006
Jun 20237283,57768.962.26$58,281
May 20239664,88170.622.23$79,091
Apr 20231,1515,59378.122.24$102,432
Mar 20236634,05572.852.39$58,004
Feb 20239945,14575.112.47$87,345
Jan 20231,1646,12176.533.39$109,817
Dec 20228173,22576.415.73$80,903
Nov 20228383,83985.005.65$92,906
Oct 20221,1155,62387.185.86$130,178
Sep 20221,2485,24284.888.16$148,724
Aug 20229003,48594.529.13$116,876
Jul 20229084,515101.587.54$126,287
Jun 20221,2876,003115.097.98$196,008
May 20221,3717,168109.378.43$210,394
Apr 20221,2185,794104.226.84$166,557
Mar 20221,1856,736108.885.08$163,217
Feb 20221,1945,62291.054.86$136,030
Jan 20221,4966,76981.844.54$153,148
Dec 20211,3495,85971.323.90$119,056
Nov 20219983,53877.435.24$95,803
Oct 20211,3595,57979.795.71$140,312
Sep 20211,3305,16369.865.35$120,541
Aug 20211,4565,68466.024.22$120,115
Jul 20211,2435,44470.783.98$109,658
Jun 20211,1915,68469.493.38$101,978
May 20211,2816,07363.483.02$99,644
Apr 20211,0734,97660.362.76$78,492
Mar 20211,1905,36361.302.72$87,518
Feb 20211,0836,59557.805.55$99,186
Jan 20211,5717,33150.412.81$99,796
Dec 20201,2266,53244.642.68$72,205
Nov 20201,5857,76938.772.71$82,478
Oct 20201,3148,70136.972.48$70,143
Sep 20201,6667,09937.091.99$75,926
Aug 20201,5985,18239.982.39$76,248
Jul 20201,3487,05938.371.83$64,606
Jun 20201,5137,58534.901.69$65,625
May 20201,6598,86716.921.81$44,162
Apr 20201,8438,32714.751.80$42,209
Mar 20201,7677,74530.341.86$67,987
Feb 20202,0317,11549.881.98$115,399
Jan 20202,6997,51657.252.09$170,262
Dec 20191,9323,23159.012.30$121,453
Nov 201958023455.302.75$32,718
Oct 20191,7977,08353.472.42$113,216
Sep 20192,3059,26555.052.66$151,510
Aug 20192,3629,36753.112.30$147,031
Jul 20192,3007,30856.272.46$147,399
Jun 20192,4649,48152.782.49$153,669
May 20192,6609,96258.482.74$182,856
Apr 20193,2988,72562.632.75$230,554
Mar 20193,7286,91956.803.06$232,937
Feb 20193,9348,99450.852.79$225,157
Jan 20193,9308,55946.033.23$208,528
Dec 20183,9006,84146.594.19$210,334
Nov 20183,4786,02452.934.24$209,616
Oct 20183,5994,45661.443.40$236,264
Sep 20184,4005,86859.543.11$280,214
Aug 20185,5204,57359.403.07$341,911
Jul 20182,4891,70065.142.93$167,118
Jun 201823950760.183.08$15,943
May 20181328065.382.90$8,862
Apr 20184,90522,94063.842.90$379,680
Mar 20186,92429,13761.222.79$505,087
Feb 20187,26327,15361.782.77$523,817
Jan 20188,65229,92762.874.01$663,938
Dec 201710,26834,34657.272.92$688,391
Nov 201712,22438,36755.423.12$797,096
Oct 201714,49537,29549.292.98$825,735
Sep 201715,89210,08047.523.09$786,308
Aug 201720,23516,25445.373.00$966,895
Jul 201720,78315,79643.873.09$960,517
Jun 20175,2593,71142.493.09$234,912
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$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                  464 bbl  × $106.41 =    $49,374
Casinghead gas     3,097 Mcf  × $  3.05 =     $9,433

────────────────────────────────────────────────────
Month total                                  $58,807

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/19056 is the state's own key, not one this site invented.