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GIBBS BROS

Operated by E2 OPERATING LLC (P-5 238475) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279355District 03Field 32156852CondensateGasSaveExport
Value, all time
$1.8 M
Nov 2014 – May 2026
Value, last 12 filed months
$96
at the published price for each month
Months reported
139
no gaps in the span
Streams
2
condensate, gas

The FORT TRINIDAD (GLEN ROSE, UPPER) field

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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC 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
CondensateDisposition21,863 bbl$1,077,660
GasProduction243,481 Mcf$761,979
Total$1,839,639

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 30.9202, -95.6747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.92017, -95.67473 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,438 ft
1 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.
1100.0%

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 12,438 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-31331146112,438 ftNov 2014——

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 (139)

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

139 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260989.753.15$28
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202501062.743.08$31
Aug 20250863.933.01$24
Jul 20250466.743.32$13
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024111069.052.20$7,665
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241617978.812.20$12,862
Apr 202401784.451.66$28
Mar 202404680.301.55$71
Feb 202404676.091.78$82
Jan 202406273.023.30$204
Dec 20230171.262.61$3
Nov 202308477.892.81$236
Oct 2023021285.443.09$655
Sep 202302189.042.74$57
Aug 2023411980.522.67$640
Jul 2023010274.852.64$269
Jun 202305068.962.26$113
May 202302270.622.23$49
Apr 202305078.122.24$112
Mar 202316872.852.39$236
Feb 202302075.112.47$49
Jan 20230376.533.39$10
Dec 202202476.415.73$138
Nov 202203185.005.65$175
Oct 20220787.185.86$41
Sep 2022012984.888.16$1,053
Aug 2022011694.529.13$1,059
Jul 20220177101.587.54$1,335
Jun 2022017115.097.98$136
May 20220203109.378.43$1,712
Apr 20220161104.226.84$1,101
Mar 2022046108.885.08$234
Feb 2022011591.054.86$559
Jan 2022016081.844.54$726
Dec 2021023971.323.90$932
Nov 2021848977.435.24$6,970
Oct 2021027479.795.71$1,566
Sep 2021025369.865.35$1,354
Aug 2021027866.024.22$1,173
Jul 2021035570.783.98$1,414
Jun 202118261669.493.38$14,730
May 2021016463.483.02$495
Apr 2021078160.362.76$2,154
Mar 2021076261.302.72$2,070
Feb 2021034357.805.55$1,903
Jan 2021035150.412.81$986
Dec 20206025744.642.68$3,366
Nov 2020083938.772.71$2,271
Oct 2020061736.972.48$1,529
Sep 202018269337.091.99$8,130
Aug 202001,15639.982.39$2,757
Jul 202001,09138.371.83$1,991
Jun 2020072134.901.69$1,219
May 2020061516.921.81$1,116
Apr 2020055214.751.80$996
Mar 2020044030.341.86$817
Feb 202017852549.881.98$9,918
Jan 2020024657.252.09$515
Dec 2019051259.012.30$1,180
Nov 2019032955.302.75$905
Oct 2019044053.472.42$1,064
Sep 201917835955.052.66$10,753
Aug 2019061353.112.30$1,413
Jul 2019058156.272.46$1,429
Jun 2019061652.782.49$1,535
May 201917953958.482.74$11,945
Apr 2019070762.632.75$1,945
Mar 2019048156.803.06$1,473
Feb 2019072050.852.79$2,010
Jan 201918787346.033.23$11,426
Dec 2018059546.594.19$2,490
Nov 201817665852.934.24$12,104
Oct 2018067461.443.40$2,290
Sep 2018087659.543.11$2,723
Aug 20181791,49559.403.07$15,217
Jul 201802,16765.142.93$6,353
Jun 20181862,23960.183.08$18,083
May 201801,47465.382.90$4,276
Apr 201817975963.842.90$13,629
Mar 201818295761.222.79$13,809
Feb 2018098861.782.77$2,733
Jan 20181871,17862.874.01$16,480
Dec 201701,17257.272.92$3,424
Nov 20171861,80255.423.12$15,927
Oct 20171771,95449.292.98$14,554
Sep 201702,09247.523.09$6,459
Aug 201702,09645.373.00$6,297
Jul 20171472,41943.873.09$13,917
Jun 20171851,67742.493.09$13,038
May 201718678745.373.26$11,007
Apr 201701,30447.933.21$4,188
Mar 20171791,45446.772.98$12,710
Feb 20171831,21250.452.95$12,811
Jan 20173741,34549.413.42$23,078
Dec 201637367848.763.72$20,712
Nov 20163641,38342.492.64$19,124
Oct 20163631,21846.193.09$20,531
Sep 20163611,45641.553.10$19,514
Aug 20163651,39741.442.92$19,211
Jul 201618248241.622.92$8,984
Jun 201654176745.352.69$26,594
May 20161841,41742.521.99$10,645
Apr 20169291,76536.561.99$37,478
Mar 20166062,28433.011.79$24,102
Feb 20165662,40526.472.06$19,945
Jan 20163773,15527.352.36$17,771
Dec 20153744,05532.362.00$20,218
Nov 20153673,82838.792.17$22,532
Oct 20155326,40343.552.43$38,706
Sep 20153555,95342.992.76$31,682
Aug 20155307,18440.162.87$41,921
Jul 20155318,46648.152.95$50,501
Jun 20155267,75956.152.88$51,903
May 201571210,49255.212.96$70,318
Apr 201572412,23949.822.71$69,195
Mar 201554710,24342.892.93$53,521
Feb 20151,09813,93044.662.98$90,495
Jan 20151,25418,97343.433.10$113,289
Dec 20142,56628,88754.693.59$244,078
Nov 20142,32332,04270.464.25$299,916

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    9 Mcf  × $  3.15 =        $28

────────────────────────────────────────────────────
Month total                                      $28

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/279355 is the state's own key, not one this site invented.