GIBSON, H. B.

Operated by JANSSEN, NELSON (P-5 429850) in the BURNELL (REKLAW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2321District 02Field 13648396OilCasinghead gasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
401
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 15 leases and 42 wells, and the rule below applies to all of them.

Discovered
1956-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1969-06-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2006.

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
OilDisposition52,554 bbl$2,749,052
Casinghead gasProduction6,506 Mcf$20,817
Total$2,769,868

2,614 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 28.7060, -97.7726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.70605, -97.77242 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
6,704 ft
2 wells filed one
Completion to plug
28.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 6,604 and 6,804 ft, median 6,704 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1968 – Jan 1986
2 of 3 wells; 1 filed none
Plug dates filed
Oct 1996
1 of 3 wells; 2 filed none

Last completion to plug: a median of 28.8 years across the 1 well that filed both dates, with the middle half between 28.8 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-255011682
42-2550116936,804 ftJan 1986
42-2550117046,604 ftJan 1968Oct 1996Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250158.593.93$4
Oct 20250159.383.30$3
Sep 202564162.743.08$4,018
Aug 20250163.933.01$3
Jul 20250166.743.32$3
Jun 20250166.483.13$3
May 20250160.553.23$3
Apr 20250162.363.54$4
Mar 20250167.704.27$4
Feb 20250170.884.34$4
Jan 20250174.324.28$4
Dec 202431168.993.12$2,142
Nov 20240169.052.20$2
Oct 202487171.372.28$6,211
Sep 20240169.612.36$2
Aug 20240175.632.06$2
Jul 20240179.932.15$2
Jun 202480178.082.63$6,249
May 20240178.812.20$2
Apr 20240184.451.66$2
Mar 20240180.301.55$2
Feb 20240176.091.78$2
Jan 20240173.023.30$3
Dec 20230171.262.61$3
Nov 20230177.892.81$3
Oct 20230185.443.09$3
Sep 20230189.042.74$3
Aug 20230180.522.67$3
Jul 20230174.852.64$3
Jun 20230168.962.26$2
May 202375170.622.23$5,299
Apr 20230178.122.24$2
Mar 20230172.852.39$2
Feb 20230175.112.47$2
Jan 20230176.533.39$3
Dec 202290176.415.73$6,883
Nov 20220185.005.65$6
Oct 20220187.185.86$6
Sep 20220184.888.16$8
Aug 20220194.529.13$9
Jul 202201101.587.54$8
Jun 2022831115.097.98$9,560
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 202276191.054.86$6,925
Jan 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 20210179.795.71$6
Sep 2021100169.865.35$6,991
Aug 20210166.024.22$4
Jul 20210170.783.98$4
Jun 2021130169.493.38$9,037
May 20210163.483.02$3
Apr 2021100160.362.76$6,039
Mar 2021100161.302.72$6,133
Feb 2021130157.805.55$7,520
Jan 2021130150.412.81$6,556
Dec 2020130144.642.68$5,806
Nov 2020128138.772.71$4,965
Oct 2020130136.972.48$4,809
Sep 2020120137.091.99$4,453
Aug 2020240139.982.39$9,598
Jul 2020120138.371.83$4,606
Jun 2020120134.901.69$4,190
May 2020120116.921.81$2,032
Apr 2020120114.751.80$1,772
Mar 2020120130.341.86$3,643
Feb 2020130149.881.98$6,486
Jan 2020130157.252.09$7,445
Dec 20190159.012.30$2
Nov 2019110155.302.75$6,086
Oct 2019131153.472.42$7,007
Sep 2019134155.052.66$7,379
Aug 2019159153.112.30$8,447
Jul 2019166156.272.46$9,343
Jun 2019140152.782.49$7,392
May 2019138158.482.74$8,073
Apr 20190162.632.75$3
Mar 2019100156.803.06$5,683
Feb 2019100150.852.79$5,088
Jan 20190146.033.23$3
Dec 2018111146.594.19$5,176
Nov 2018280152.934.24$14,825
Oct 20180161.443.40$3
Sep 2018140159.543.11$8,339
Aug 2018150159.403.07$8,913
Jul 2018130165.142.93$8,471
Jun 2018135160.183.08$8,127
May 2018110165.382.90$7,195
Apr 2018150163.842.90$9,579
Mar 2018152161.222.79$9,308
Feb 2018147161.782.77$9,084
Jan 2018151162.874.01$9,497
Dec 2017150157.272.92$8,593
Nov 2017136155.423.12$7,540
Oct 2017149149.292.98$7,347
Sep 2017136147.523.09$6,466
Aug 2017136145.373.00$6,173
Jul 2017150143.873.09$6,584
Jun 2017150142.493.09$6,377
May 2017138145.373.26$6,264
Apr 2017141147.933.21$6,761
Mar 20170146.772.98$3
Feb 20170150.452.95$3
Jan 2017100149.413.42$4,944
Dec 20160148.763.72$4
Nov 20160142.492.64$3
Oct 20160146.193.09$3
Sep 20160141.553.10$3
Aug 20160141.442.92$3
Jul 2016140141.622.92$5,830
Jun 2016130145.352.69$5,898
May 2016139142.521.99$5,912
Apr 2016124136.561.99$4,535
Mar 2016134133.011.79$4,425
Feb 2016137126.472.06$3,628
Jan 2016140127.352.36$3,831
Dec 2015150132.362.00$4,856
Nov 2015140138.792.17$5,433
Oct 2015120143.552.43$5,228
Sep 2015150142.992.76$6,451
Aug 2015140140.162.87$5,625
Jul 2015120148.152.95$5,781
Jun 2015310156.152.88$17,409
May 20150155.212.96$3
Apr 2015130149.822.71$6,479
Mar 2015150142.892.93$6,436
Feb 2015138144.662.98$6,166
Jan 2015150143.433.10$6,518
Dec 20140154.693.59$4
Nov 2014145170.464.25$10,221
Oct 2014151178.303.90$11,827
Sep 2014150186.164.05$12,928
Aug 2014284189.394.04$25,391
Jul 2014160196.564.18$15,454
Jun 2014172198.164.74$16,888
May 2014160194.734.73$15,162
Apr 2014150195.944.81$14,396
Mar 2014150195.895.06$14,389
Feb 2014151197.406.19$14,714
Jan 2014150190.404.86$13,565
Dec 2013150191.824.35$13,777
Nov 2013150188.853.74$13,331
Oct 2013298197.423.78$29,035
Sep 20131571104.113.72$16,349
Aug 20131441104.253.52$15,016
Jul 20131501102.523.72$15,382
Jun 2013150194.403.93$14,164
May 2013151194.834.15$14,323
Apr 2013153193.964.28$14,380
Mar 2013297593.623.91$27,825
Feb 2013150591.233.42$13,702
Jan 2013281591.603.42$25,757
Dec 2012300586.773.42$26,048
Nov 20120586.953.62$18
Oct 20121401089.383.40$12,547
Sep 20121441094.672.92$13,662
Aug 20121501092.662.91$13,928
Jul 20121501085.133.02$12,800
Jun 20121501079.822.52$11,998
May 20121501091.612.49$13,766
Apr 201222010101.652.00$22,383
Mar 201215010105.052.22$15,780
Feb 2012010101.102.57$26
Jan 20121501098.092.73$14,741
Dec 20111651096.873.24$16,016
Nov 201101095.723.31$33
Oct 20111081084.983.65$9,214
Sep 20113001083.623.99$25,126
Aug 201101083.404.15$41
Jul 20113001094.144.52$28,287
Jun 20111701092.904.64$15,839
May 20111601098.134.40$15,745
Apr 201112010105.964.33$12,759
Mar 20111301096.364.06$12,567
Feb 20113501085.644.18$30,016
Jan 201102086.504.59$92
Dec 20101622085.734.35$13,975
Nov 20101463080.843.80$11,917
Oct 20101503178.103.51$11,824
Sep 20101503172.633.98$11,018
Aug 20101503173.684.42$11,189
Jul 20101503172.554.74$11,029
Jun 20101383070.364.91$9,857
May 20103003171.124.24$21,467
Apr 20101503081.694.12$12,377
Mar 20103003078.394.39$23,649
Feb 20101503073.585.44$11,200
Jan 20101553074.365.96$11,705
Dec 20091593371.445.48$11,540
Nov 20093003074.593.75$22,490
Oct 20091503072.544.11$11,004
Sep 20093003065.543.06$19,754
Aug 20093013067.423.22$20,390
Jul 20091643061.133.46$10,129
Jun 20092683066.163.90$17,848
May 20091403054.743.93$7,781
Apr 20091503046.773.59$7,123
Mar 20091303042.144.06$5,600
Feb 20091333032.814.63$4,503
Jan 20093003035.865.37$10,919
Dec 20081303037.105.98$5,002
Nov 20083003055.496.86$16,853
Oct 20081333075.246.92$10,215
Sep 200814630101.767.88$15,093
Aug 200813030114.228.48$15,103
Jul 200830030131.0811.39$39,666
Jun 200816830131.3313.03$22,454
May 200829830123.1711.57$37,052
Apr 200813030110.3110.45$14,654
Mar 200829030101.909.66$29,841
Feb 20082703092.538.77$25,246
Jan 20081403090.388.21$12,899
Dec 20071403088.337.30$12,585
Nov 20073003091.677.29$27,720
Oct 20071403082.856.92$11,807
Sep 20073003075.846.24$22,939
Aug 20071603069.066.39$11,241
Jul 20071403070.906.39$10,118
Jun 20072503062.007.55$15,726
May 20072823058.747.85$16,800
Apr 20073003059.617.81$18,117
Mar 20071403056.927.30$8,188
Feb 20073003055.108.22$16,776
Jan 20072803050.306.73$14,286
Dec 20061503056.656.92$8,705
Nov 20063103054.207.62$17,031
Oct 20061503054.906.01$8,415
Sep 20062473060.085.04$14,991
Aug 20063003068.717.34$20,833
Jul 20063113069.376.34$21,764
Jun 20063003066.286.38$20,076
May 20061323066.016.42$8,906
Apr 20063003064.397.36$19,538
Mar 20063003056.707.08$17,222
Feb 20061503057.597.75$8,871
Jan 20063003060.598.93$18,445
Dec 20051603054.9413.42$9,193
Nov 20051303054.6910.59$7,427
Oct 20053003058.3413.80$17,916
Sep 20053203061.4512.08$20,026
Aug 20053003061.519.80$18,747
Jul 20051433055.697.84$8,199
Jun 20052763052.337.38$14,665
May 20054083045.226.65$18,649
Apr 20051693049.207.36$8,536
Mar 20053283050.377.15$16,736
Feb 20054003045.226.31$18,277
Jan 20051203043.166.32$5,369
Dec 20043003039.866.75$12,161
Nov 20042503045.286.33$11,510
Oct 20042821049.706.52$14,081
Sep 20041401043.245.28$6,106
Aug 20043001042.375.55$12,767
Jul 20043001038.286.08$11,545
Jun 20043001036.106.43$10,894
May 20043001037.486.49$11,309
Apr 20043001034.475.86$10,400
Mar 20043001034.365.53$10,363
Feb 20043001032.455.51$9,790
Jan 20044001032.036.30$12,875
Dec 20035931030.266.30$18,007
Nov 20031421028.804.60$4,136
Oct 20031001028.174.76$2,865
Sep 20033001026.314.75$7,940
Aug 20032591029.765.13$7,759
Jul 20032661029.415.17$7,875
Jun 20034161028.565.98$11,941
May 20033001026.595.97$8,037
Apr 20033001026.675.41$8,055
Mar 20035001031.146.10$15,631
Feb 20033001033.487.93$10,123
Jan 20034491030.315.58$13,665
Dec 20023001026.914.85$8,122
Nov 20026001024.664.14$14,837
Oct 20023001026.464.23$7,980
Sep 20026561027.443.64$18,037
Aug 20024001025.963.16$10,416
Jul 20023001524.583.06$7,420
Jun 2002548123.733.34$13,007
May 20024211024.663.58$10,418
Apr 200201023.653.51$35
Mar 20021001022.003.10$2,231
Feb 20021021018.222.38$1,882
Jan 200201017.172.38$24
Dec 20011201016.932.36$2,055
Nov 200101018.072.41$24
Oct 20011201019.782.53$2,399
Sep 200101024.262.25$23
Aug 200101024.873.05$31
Jul 200101023.933.20$32
Jun 20011001024.563.82$2,494
May 200101025.524.31$43
Apr 2001531024.685.34$1,361
Mar 2001801024.545.38$2,017
Feb 200101027.755.77$58
Jan 200101027.478.40$84
Dec 200001026.889.12$91
Nov 200001032.215.66$57
Oct 20001001031.235.15$3,174
Sep 200001031.875.19$52
Aug 20001001029.644.54$3,009
Jul 200001028.534.09$41
Jun 2000901029.304.40$2,681
May 200001027.263.68$37
Apr 20001121024.513.12$2,776
Mar 20001201028.422.86$3,439
Feb 200001027.622.73$27
Jan 200001025.272.48$25
Dec 1999751024.282.42$1,845
Nov 199901023.192.43$24
Oct 199902020.982.80$56
Sep 199902021.752.62$52
Aug 1999902019.262.88$1,791
Jul 199902017.892.37$47
Jun 199902015.942.36$47
May 1999752015.792.32$1,231
Apr 199902015.102.21$44
Mar 199902012.471.84$37
Feb 199910009.981.82$998
Jan 199902010.381.90$38
Dec 19980209.201.77$35
Nov 1998622010.892.19$719
Oct 199802012.421.97$39
Sep 199802012.592.08$42
Aug 1998702011.301.91$829
Jul 1998772011.742.24$949
Jun 1998902011.242.24$1,056
May 1998802012.622.21$1,054
Apr 199802013.042.51$50
Mar 19981102012.802.31$1,454
Feb 199802013.952.30$46
Jan 19981002014.702.15$1,513
Dec 19971002016.322.41$1,680
Nov 19971202018.193.09$2,245
Oct 19971202019.253.15$2,373
Sep 199702017.742.95$59
Aug 19971062017.862.55$1,944
Jul 1997782017.582.25$1,416
Jun 199702017.242.26$45
May 1997902018.972.31$1,753
Apr 1997803017.882.08$1,493
Mar 199777118.951.94$1,461
Feb 199703020.492.21$66
Jan 1997603023.483.54$1,515
Dec 1996703023.32$1,632
Nov 199603021.97$0
Oct 19961103023.31$2,564
Sep 199604022.22$0
Aug 199604020.26$0
Jul 199604019.55$0
Jun 19961004018.73$1,873
May 1996404019.43$777
Apr 1996454021.51$968
Mar 1996804019.38$1,550
Feb 1996644016.98$1,087
Jan 1996604017.07$1,024
Dec 199504017.19$0
Nov 19951644016.00$2,624
Oct 19951004015.43$1,543
Sep 19951504016.18$2,427
Aug 199501015.92$0
Jul 199501015.24$0
Jun 199501016.41$0
May 19950417.56$0
Apr 19950417.73$0
Mar 19950416.44$0
Feb 19950016.58$0
Jan 19950815.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19941506815.58$2,337
Sep 199418812015.29$2,875
Aug 199416912416.13$2,726
Jul 199417312017.56$3,038
Jun 19941568017.09$2,666
May 19942949915.88$4,669
Apr 19941488014.14$2,093
Mar 19942969612.46$3,688
Feb 19941328812.50$1,650
Jan 19942679712.66$3,380
Dec 19932969712.33$3,650
Nov 19932789414.49$4,028
Oct 19932059715.85$3,249
Sep 19932669415.03$3,998
Aug 199324712415.66$3,868
Jul 199343512415.46$6,725
Jun 19932086016.79$3,492
May 1993914217.68$1,609
Apr 1993835318.05$1,498
Mar 19932026818.14$3,664
Feb 19932286717.90$4,081
Jan 19931066216.93$1,795

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.

Nov 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 58.59 =         $0
Casinghead gas         1 Mcf  × $  3.93 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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. 02/O/2321 is the state's own key, not one this site invented.