GIBBS BROTHERS

Operated by APOLLO ENERGY OPERATING CO, LP (P-5 27474) in the MOSSY GROVE (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265549District 03Field 63239333CondensateGasSaveExport
Value, all time
$7.2 M
May 2012 – Dec 2021
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
116
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1966-03-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 09/01/2014.

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
CondensateDisposition8,401 bbl$633,124
GasProduction1,771,181 Mcf$6,595,668
Total$7,228,792

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 30.7523, -95.7715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.75225, -95.77147 · 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
12,337 ft
1 wells filed one
Completion to plug
8.6 years
median over 1 well

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 12,337 ft.

Completions filed
Apr 2013
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-471303491H12,337 ftApr 2013Nov 2021Yes

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 (116)

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

116 months

Dec 20210071.323.90$0
Nov 2021260077.435.24$20,132
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202002,86214.751.80$5,164
Mar 202004,36930.341.86$8,110
Feb 202003,54649.881.98$7,023
Jan 2020084357.252.09$1,766
Dec 201902,49559.012.30$5,749
Nov 201902,49655.302.75$6,866
Oct 20193183,42653.472.42$25,289
Sep 201903,25255.052.66$8,641
Aug 201903,50753.112.30$8,081
Jul 201903,71156.272.46$9,129
Jun 201903,79152.782.49$9,444
May 201904,09258.482.74$11,213
Apr 201904,22662.632.75$11,624
Mar 201904,26756.803.06$13,066
Feb 201904,22850.852.79$11,806
Jan 201904,65046.033.23$15,011
Dec 201804,93446.594.19$20,651
Nov 201804,89052.934.24$20,720
Oct 20181845,08861.443.40$28,594
Sep 201804,80159.543.11$14,922
Aug 201805,67259.403.07$17,394
Jul 201805,00065.142.93$14,659
Jun 201804,95060.183.08$15,231
May 201805,24465.382.90$15,212
Apr 201805,21863.842.90$15,136
Mar 201805,49061.222.79$15,300
Feb 201805,67461.782.77$15,695
Jan 20181815,26662.874.01$32,493
Dec 201705,47657.272.92$15,998
Nov 201705,93955.423.12$18,520
Oct 201706,46549.292.98$19,289
Sep 201705,53447.523.09$17,085
Aug 20171767,05145.373.00$29,169
Jul 201707,34943.873.09$22,688
Jun 201706,96142.493.09$21,491
May 201706,57845.373.26$21,467
Apr 20171727,28747.933.21$31,647
Mar 201707,80646.772.98$23,291
Feb 201706,85650.452.95$20,243
Jan 201707,76449.413.42$26,544
Dec 201608,27748.763.72$30,814
Nov 201608,60642.492.64$22,757
Oct 20161649,75646.193.09$37,724
Sep 2016010,05641.553.10$31,180
Aug 2016011,18441.442.92$32,706
Jul 2016011,58841.622.92$33,887
Jun 201633612,44245.352.69$48,655
May 2016013,39142.521.99$26,662
Apr 2016013,34136.561.99$26,562
Mar 201616714,14633.011.79$30,891
Feb 2016013,95926.472.06$28,806
Jan 201617315,70727.352.36$41,869
Dec 2015016,00532.362.00$32,033
Nov 201517216,16038.792.17$41,696
Oct 2015017,82943.552.43$43,263
Sep 201516018,20442.992.76$57,093
Aug 2015019,39140.162.87$55,700
Jul 201517920,94148.152.95$70,292
Jun 2015018,09056.152.88$52,151
May 201518122,39655.212.96$76,183
Apr 2015020,91949.822.71$56,619
Mar 201518024,84642.892.93$80,636
Feb 201518222,29544.662.98$74,482
Jan 201518528,25843.433.10$95,652
Dec 201418128,15454.693.59$111,010
Nov 201417931,61970.464.25$147,051
Oct 201418134,76878.303.90$149,801
Sep 201417836,31686.164.05$162,251
Aug 201414237,53289.394.04$164,140
Jul 201417846,35596.564.18$210,933
Jun 201417929,79198.164.74$158,687
May 2014143,72894.734.73$206,778
Apr 201435654,38995.944.81$295,718
Mar 201414957,70495.895.06$306,085
Feb 201420354,80197.406.19$359,100
Jan 201439262,19690.404.86$337,754
Dec 201350465,44691.824.35$331,261
Nov 201338067,34688.853.74$285,521
Oct 201352374,48097.423.78$332,437
Sep 201320859,369104.113.72$242,373
Aug 201340084,760104.253.52$340,276
Jul 201357476,351102.523.72$342,700
Jun 20137186,80794.403.93$348,150
May 2013174,01794.834.15$307,197
Apr 20133739,14893.964.28$171,131
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120186.773.42$3
Nov 201203086.953.62$109
Oct 201209689.383.40$326
Sep 20120194.672.92$3
Aug 20121312,26392.662.91$36,867
Jul 2012126,86985.133.02$81,251
Jun 20120079.822.52$0
May 20120091.612.49$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.

Nov 2021 — as filed, then multipliedworked
Condensate           260 bbl  × $ 77.43 =    $20,132
Gas                    0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                  $20,132

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/265549 is the state's own key, not one this site invented.