GIBBS BROTHERS ET AL UNIT

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166538District 03Field 34773550CondensateGasSave
Value, all time
$1.4 M
Jun 1996 – May 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
288
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition2,807 bbl$80,319
GasProduction328,510 Mcf$1,273,432
Total$1,353,750

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 30.6388, -95.6425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.63876, -95.64250 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
16,366 ft
1 wells filed one
Completion to plug
20.6 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 16,366 ft.

Completions filed
Jan 1999
1 of 1 wells
Plug dates filed
Aug 2019
1 of 1 wells

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-471302731H16,366 ftJan 1999Aug 2019Yes

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 (288)

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

288 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
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
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140195.944.81$5
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130191.824.35$4
Nov 20130888.853.74$30
Oct 20130497.423.78$15
Sep 2013043104.113.72$160
Aug 2013092104.253.52$324
Jul 2013070102.523.72$260
Jun 201306494.403.93$252
May 201306094.834.15$249
Apr 201306193.964.28$261
Mar 2013042893.623.91$1,675
Feb 2013054291.233.42$1,854
Jan 201301,12891.603.42$3,858
Dec 2012049786.773.42$1,700
Nov 2012084386.953.62$3,056
Oct 2012021789.383.40$738
Sep 2012012394.672.92$359
Aug 2012034992.662.91$1,015
Jul 2012028685.133.02$864
Jun 20120979.822.52$23
May 20120091.612.49$0
Apr 2012048101.652.00$96
Mar 20120492105.052.22$1,093
Feb 20120762101.102.57$1,959
Jan 2012077398.092.73$2,113
Dec 20110096.873.24$0
Nov 201108295.723.31$272
Oct 2011016384.983.65$595
Sep 201102983.623.99$116
Aug 2011024383.404.15$1,008
Jul 20110394.144.52$14
Jun 201109792.904.64$450
May 20110098.134.40$0
Apr 2011066105.964.33$286
Mar 2011028196.364.06$1,140
Feb 2011045485.644.18$1,898
Jan 2011027786.504.59$1,271
Dec 201005685.734.35$243
Nov 2010047880.843.80$1,814
Oct 2010049078.103.51$1,719
Sep 2010025072.633.98$995
Aug 2010012973.684.42$570
Jul 2010011672.554.74$549
Jun 201004170.364.91$201
May 201005771.124.24$241
Apr 2010022281.694.12$915
Mar 2010029478.394.39$1,290
Feb 2010014173.585.44$767
Jan 2010064774.365.96$3,859
Dec 2009023571.445.48$1,289
Nov 2009033074.593.75$1,238
Oct 2009020972.544.11$859
Sep 20090065.543.06$0
Aug 2009051867.423.22$1,667
Jul 2009028661.133.46$991
Jun 2009051366.163.90$1,998
May 2009033754.743.93$1,323
Apr 2009069546.773.59$2,493
Mar 2009068442.144.06$2,776
Feb 2009036632.814.63$1,696
Jan 2009055335.865.37$2,970
Dec 2008044037.105.98$2,630
Nov 2008074355.496.86$5,097
Oct 2008062275.246.92$4,305
Sep 20080481101.767.88$3,789
Aug 20080620114.228.48$5,259
Jul 20080641131.0811.39$7,301
Jun 20080229131.3313.03$2,984
May 20080417123.1711.57$4,826
Apr 20080328110.3110.45$3,429
Mar 20080514101.909.66$4,967
Feb 2008015892.538.77$1,386
Jan 2008052690.388.21$4,316
Dec 2007045088.337.30$3,286
Nov 2007053291.677.29$3,879
Oct 2007012482.856.92$858
Sep 200719019075.846.24$15,596
Aug 2007029169.066.39$1,859
Jul 2007038970.906.39$2,485
Jun 200701,00162.007.55$7,556
May 2007034158.747.85$2,676
Apr 2007037759.617.81$2,943
Mar 2007075056.927.30$5,476
Feb 2007394655.108.22$7,938
Jan 2007082650.306.73$5,556
Dec 2006092056.656.92$6,365
Nov 2006067054.207.62$5,104
Oct 2006066354.906.01$3,987
Sep 2006091860.085.04$4,624
Aug 2006098568.717.34$7,230
Jul 200601,52269.376.34$9,654
Jun 2006094966.286.38$6,058
May 20061831,10466.016.42$19,173
Apr 2006084764.397.36$6,234
Mar 2006093056.707.08$6,587
Feb 200601,29057.597.75$9,999
Jan 2006275960.598.93$6,902
Dec 200501,37154.9413.42$18,393
Nov 200511,38054.6910.59$14,667
Oct 200501,17858.3413.80$16,251
Sep 200501,67061.4512.08$20,172
Aug 200501,62961.519.80$15,959
Jul 200501,55855.697.84$12,220
Jun 200501,57652.337.38$11,633
May 20051441,53445.226.65$16,715
Apr 200501,63549.207.36$12,034
Mar 200501,99350.377.15$14,260
Feb 200501,35545.226.31$8,553
Jan 200501,63343.166.32$10,324
Dec 2004098639.866.75$6,657
Nov 200403,10845.286.33$19,675
Oct 200402,99849.706.52$19,532
Sep 200401,83243.245.28$9,680
Aug 200401,47742.375.55$8,198
Jul 20041791,61338.286.08$16,666
Jun 2004059636.106.43$3,834
May 2004044637.486.49$2,897
Apr 20040034.475.86$0
Mar 2004029134.365.53$1,609
Feb 200401,78132.455.51$9,813
Jan 200401,03132.036.30$6,495
Dec 200301,34430.266.30$8,469
Nov 200301,02528.804.60$4,710
Oct 200301,05028.174.76$4,998
Sep 200301,00026.314.75$4,749
Aug 200301,00429.765.13$5,150
Jul 200302,39729.415.17$12,395
Jun 200302,48728.565.98$14,880
May 200303,16726.595.97$18,915
Apr 200302,01026.675.41$10,869
Mar 200301031.146.10$61
Feb 200301033.487.93$79
Jan 200301030.315.58$56
Dec 200201026.914.85$49
Nov 200201024.664.14$41
Oct 200201526.464.23$63
Sep 20021821027.443.64$5,030
Aug 200201025.963.16$32
Jul 200201024.583.06$31
Jun 2002031323.733.34$1,045
May 200201,93524.663.58$6,935
Apr 20020023.653.51$0
Mar 200202,17622.003.10$6,752
Feb 200201,77918.222.38$4,226
Jan 200202,11717.172.38$5,029
Dec 200101,75216.932.36$4,142
Nov 200102,41818.072.41$5,817
Oct 20011892,39619.782.53$9,798
Sep 200102,32224.262.25$5,228
Aug 200102,73024.873.05$8,335
Jul 200102,83523.933.20$9,064
Jun 200102,58424.563.82$9,882
May 200102,92025.524.31$12,577
Apr 20011862,73624.685.34$19,188
Mar 200103,10924.545.38$16,715
Feb 200102,88427.755.77$16,632
Jan 200103,06927.478.40$25,776
Dec 200003,36426.889.12$30,688
Nov 200003,21332.215.66$18,179
Oct 20001853,62531.235.15$24,430
Sep 200003,41631.875.19$17,717
Aug 200003,93129.644.54$17,850
Jul 200004,81828.534.09$19,704
Jun 200003,10529.304.40$13,653
May 200004,03027.263.68$14,829
Apr 200004,36124.513.12$13,589
Mar 200004,30328.422.86$12,306
Feb 200004,29127.622.73$11,699
Jan 20001585,91825.272.48$18,672
Dec 199906,35024.282.42$15,391
Nov 199906,52723.192.43$15,887
Oct 19991637,15120.982.80$23,469
Sep 199907,44621.752.62$19,500
Aug 199907,73719.262.88$22,249
Jul 19991858,46317.892.37$23,387
Jun 1999010,54915.942.36$24,918
May 199916011,04315.792.32$28,157
Apr 1999013,95115.102.21$30,805
Mar 199932919,57112.471.84$40,081
Feb 199936827,5949.981.82$53,833
Jan 1999023,69210.381.90$45,014
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$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.

Apr 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.94 =         $0
Gas                    1 Mcf  × $  4.81 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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. 03/G/166538 is the state's own key, not one this site invented.