GIBSON, T.E.

Operated by LEEXUS OIL LLC (P-5 495350) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16935District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$45 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
NGPA1none

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
OilDisposition31,171 bbl$1,007,507
Casinghead gasProduction101,837 Mcf$174,375
Total$1,181,882

55,236 Mcf of this lease's gas, across 48 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 (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 30.4076, -96.7256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40761, -96.72563 · 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
9,784 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 9,784 ft.

Completions filed
May 1990
1 of 1 wells

1 well

42-0513248819,784 ftMay 1990

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 2026800106.413.05$8,513
Apr 20261098.932.87$99
Mar 20260089.753.15$0
Feb 202674063.503.75$4,699
Jan 20260059.138.00$0
Dec 202561056.664.41$3,456
Nov 202576058.593.93$4,453
Oct 2025100059.383.30$5,938
Sep 2025179062.743.08$11,230
Aug 20250063.933.01$0
Jul 2025103066.743.32$6,874
Jun 20250066.483.13$0
May 2025144060.553.23$8,719
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025103070.884.34$7,301
Jan 20250074.324.28$0
Dec 2024130068.993.12$8,969
Nov 2024182069.052.20$12,567
Oct 2024117071.372.28$8,350
Sep 2024176069.612.36$12,251
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024141078.082.63$11,009
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024128073.023.30$9,347
Dec 20230071.262.61$0
Nov 20231077.892.81$78
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20231080.522.67$81
Jul 2023127074.852.64$9,506
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023155076.533.39$11,862
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022187094.529.13$17,675
Jul 202200101.587.54$0
Jun 20221300115.097.98$14,962
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202138070.783.98$2,690
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021183061.302.72$11,218
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 20200014.751.80$0
Mar 2020169030.341.86$5,127
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 2019185055.052.66$10,184
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019106058.482.74$6,199
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019207046.033.23$9,528
Dec 20181046.594.19$47
Nov 2018177052.934.24$9,369
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 2018167063.842.90$10,661
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 2015173032.362.00$5,598
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 201501043.433.10$31
Dec 201401154.693.59$40
Nov 201401470.464.25$60
Oct 201401078.303.90$39
Sep 201401586.164.05$61
Aug 201402089.394.04$81
Jul 201402096.564.18$84
Jun 201401498.164.74$66
May 201401194.734.73$52
Apr 2014681495.944.81$6,591
Mar 201401795.895.06$86
Feb 201401597.406.19$93
Jan 201402290.404.86$107
Dec 201301691.824.35$70
Nov 201301688.853.74$60
Oct 20130897.423.78$30
Sep 201304104.113.72$15
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013150094.403.93$14,160
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013011393.623.91$442
Feb 2013010391.233.42$352
Jan 2013012491.603.42$424
Dec 201218212186.773.42$16,206
Nov 2012017086.953.62$616
Oct 2012021689.383.40$734
Sep 2012021194.672.92$616
Aug 201217821992.662.91$17,130
Jul 2012019185.133.02$577
Jun 2012023379.822.52$587
May 2012018991.612.49$470
Apr 2012158193101.652.00$16,446
Mar 20120193105.052.22$429
Feb 20120175101.102.57$450
Jan 2012020598.092.73$560
Dec 201119212496.873.24$19,001
Nov 2011014395.723.31$474
Oct 2011013584.983.65$493
Sep 2011012783.623.99$506
Aug 2011013783.404.15$568
Jul 201116414094.144.52$16,071
Jun 2011012992.904.64$599
May 201127917998.134.40$28,167
Apr 20110230105.964.33$997
Mar 2011019996.364.06$807
Feb 201108385.644.18$347
Jan 2011019386.504.59$886
Dec 201013913385.734.35$12,495
Nov 2010016580.843.80$626
Oct 2010016578.103.51$579
Sep 20101738272.633.98$12,891
Aug 201008473.684.42$371
Jul 201008272.554.74$388
Jun 201017812370.364.91$13,128
May 2010013671.124.24$576
Apr 201009081.694.12$371
Mar 201009278.394.39$404
Feb 20101805073.585.44$13,517
Jan 201007574.365.96$447
Dec 2009015371.445.48$839
Nov 200917817574.593.75$13,934
Oct 2009018572.544.11$760
Sep 2009016265.543.06$496
Aug 200918521867.423.22$13,174
Jul 2009011861.133.46$409
Jun 2009018666.163.90$724
May 2009017554.743.93$687
Apr 200936715046.773.59$17,703
Mar 2009011842.144.06$479
Feb 2009013632.814.63$630
Jan 2009018335.865.37$983
Dec 2008017637.105.98$1,052
Nov 2008021255.496.86$1,454
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081300114.228.48$14,849
Jul 20080182131.0811.39$2,073
Jun 2008181187131.3313.03$26,208
May 20080268123.1711.57$3,102
Apr 20080268110.3110.45$2,802
Mar 20080253101.909.66$2,445
Feb 2008025492.538.77$2,228
Jan 2008198090.388.21$17,895
Dec 20070088.337.30$0
Nov 2007030591.677.29$2,224
Oct 200717022182.856.92$15,614
Sep 2007023675.846.24$1,474
Aug 2007026469.066.39$1,686
Jul 200718020570.906.39$14,072
Jun 2007015362.007.55$1,155
May 2007010158.747.85$792
Apr 200716813559.617.81$11,068
Mar 2007023556.927.30$1,716
Feb 2007023555.108.22$1,931
Jan 2007190050.306.73$9,557
Dec 2006017656.656.92$1,218
Nov 2006021754.207.62$1,653
Oct 2006029654.906.01$1,780
Sep 2006023660.085.04$1,189
Aug 200635569868.717.34$29,515
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005012349.207.36$905
Mar 2005011750.377.15$837
Feb 2005015745.226.31$991
Jan 2005011943.166.32$752
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003023626.314.75$1,121
Aug 2003022829.765.13$1,170
Jul 2003025629.415.17$1,324
Jun 2003025628.565.98$1,532
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003029331.146.10$1,786
Feb 20030033.487.93$0
Jan 2003024030.315.58$1,340
Dec 2002025726.914.85$1,247
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002030124.663.58$1,079
Apr 2002032423.653.51$1,138
Mar 2002032422.003.10$1,005
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001181024.563.82$4,445
May 2001079025.524.31$3,403
Apr 2001344024.685.34$8,490
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001044927.478.40$3,771
Dec 200011859726.889.12$8,618
Nov 200011863332.215.66$7,382
Oct 200016763731.235.15$8,493
Sep 200014819631.875.19$5,733
Aug 200018319629.644.54$6,314
Jul 200018119028.534.09$5,941
Jun 2000021029.304.40$923
May 2000021027.263.68$773
Apr 2000052024.513.12$1,620
Mar 2000066328.422.86$1,896
Feb 200016658027.622.73$6,166
Jan 200017861125.272.48$6,014
Dec 199918065124.282.42$5,948
Nov 199918255723.192.43$5,576
Oct 199917770620.982.80$5,693
Sep 1999069721.752.62$1,825
Aug 199917769719.262.88$5,413
Jul 199918561017.892.37$4,757
Jun 199935466215.942.36$7,206
May 199917765015.792.32$4,303
Apr 199936174315.102.21$7,092
Mar 199918073312.471.84$3,592
Feb 19993624399.981.82$4,411
Jan 1999038410.381.90$730
Dec 19981796749.201.77$2,842
Nov 1998016410.892.19$358
Oct 1998026412.421.97$520
Sep 1998039712.592.08$827
Aug 1998038011.301.91$725
Jul 1998052911.742.24$1,184
Jun 1998070311.242.24$1,573
May 1998070012.622.21$1,544
Apr 1998070613.042.51$1,769
Mar 1998076112.802.31$1,757
Feb 1998077413.952.30$1,780
Jan 199852191614.702.15$9,632
Dec 1997092816.322.41$2,238
Nov 1997095918.193.09$2,962
Oct 199717649019.253.15$4,931
Sep 199713046117.742.95$3,668
Aug 199718271217.862.55$5,069
Jul 199717989317.582.25$5,153
Jun 19971741,14717.242.26$5,589
May 199736879818.972.31$8,823
Apr 19971821,23917.882.08$5,835
Mar 199716687318.951.94$4,839
Feb 199716242920.492.21$4,266
Jan 19970123.483.54$4
Dec 199617533523.32$4,081
Nov 199617753721.97$3,889
Oct 199617518523.31$4,079
Sep 199617476322.22$3,866
Aug 199618279120.26$3,687
Jul 199616841619.55$3,284
Jun 199654974618.73$10,283
May 199636492019.43$7,073
Apr 199618160721.51$3,893
Mar 199619452819.38$3,760
Feb 199619149816.98$3,243
Jan 19963451,37717.07$5,889
Dec 199518597217.19$3,180
Nov 19951131,19516.00$1,808
Oct 199501,29415.43$0
Sep 199537879616.18$6,116
Aug 1995097015.92$0
Jul 19953401,14015.24$5,182
Jun 199511,28016.41$16
May 199536372817.56$6,374
Apr 199536950117.73$6,542
Mar 199554164916.44$8,894
Feb 199554877016.58$9,086
Jan 199539790515.92$6,320
Dec 199456088515.03$8,417
Nov 19945451,29015.90$8,666
Oct 19945391,35015.58$8,398
Sep 19949171,33715.29$14,021
Aug 19941,99543016.13$32,179
Jul 19942,786117.56$48,922
Jun 19941831,47717.09$3,127
May 199401,32115.88$0
Apr 199416878214.14$2,376
Mar 19941681,52212.46$2,093
Feb 19941791,34512.50$2,238
Jan 19941801,48312.66$2,279
Dec 19931741,86112.33$2,145
Nov 19931921,64114.49$2,782
Oct 19931831,93815.85$2,901
Sep 19931861,88415.03$2,796
Aug 19931692,02015.66$2,647
Jul 199301,92315.46$0
Jun 19931781,74616.79$2,989
May 19931801,50017.68$3,182
Apr 19931811,95818.05$3,267
Mar 19931792,18618.14$3,247
Feb 19933542,59717.90$6,337
Jan 19931821,85616.93$3,081

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                   80 bbl  × $106.41 =     $8,513
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $8,513

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/O/16935 is the state's own key, not one this site invented.