DOUBLE GIBBS

Operated by EOG RESOURCES, INC. (P-5 253162) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27215District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$11.2 M
Apr 2016 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
122
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition120,660 bbl$5,832,418
Casinghead gasProduction1,813,579 Mcf$5,410,399
Total$11,242,817

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 30.8978, -95.6989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.89776, -95.69888 · 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
10,954 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 10,954 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-313313181H10,954 ftApr 2016

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 (122)

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

122 months

May 20261482,265106.413.05$22,648
Apr 2026412,10398.932.87$10,091
Mar 2026102489.753.15$973
Feb 2026269563.503.75$2,007
Jan 2026491,55659.138.00$15,342
Dec 20255088656.664.41$6,743
Nov 20251421,51258.593.93$14,257
Oct 2025183,36959.383.30$12,203
Sep 2025892762.743.08$5,667
Aug 2025961,85163.933.01$11,718
Jul 2025521,79966.743.32$9,435
Jun 202515995266.483.13$13,549
May 20251682,58460.553.23$18,525
Apr 2025712,03962.363.54$11,652
Mar 20253212,32967.704.27$31,673
Feb 202502,52970.884.34$10,978
Jan 20252472,22274.324.28$27,864
Dec 20242032,76168.993.12$22,623
Nov 2024833,03969.052.20$12,412
Oct 20241462,77971.372.28$16,760
Sep 20241853,51569.612.36$21,189
Aug 20241453,78875.632.06$18,783
Jul 20242162,80479.932.15$23,284
Jun 202402,94078.082.63$7,744
May 2024903,09278.812.20$13,890
Apr 2024881,19184.451.66$9,408
Mar 2024782,14580.301.55$9,578
Feb 20242942,67176.091.78$27,135
Jan 20246549973.023.30$6,392
Dec 2023631,70571.262.61$8,941
Nov 2023981,51877.892.81$11,895
Oct 2023781,54885.443.09$11,443
Sep 20231361,54089.042.74$16,321
Aug 20231312,20980.522.67$16,453
Jul 20231572,65574.852.64$18,765
Jun 20231071,99168.962.26$11,875
May 20231072,27370.622.23$12,619
Apr 2023762,01078.122.24$10,435
Mar 20231151,82872.852.39$12,752
Feb 2023661,53375.112.47$8,737
Jan 2023551,88176.533.39$10,581
Dec 2022412,46076.415.73$17,226
Nov 20221592,58085.005.65$28,082
Oct 20221162,21187.185.86$23,078
Sep 20221322,96684.888.16$35,418
Aug 20221343,27894.529.13$42,585
Jul 2022833,493101.587.54$34,776
Jun 20221663,488115.097.98$46,929
May 20221321,916109.378.43$30,595
Apr 20221903,018104.226.84$40,438
Mar 2022931,851108.885.08$19,522
Feb 2022921,25491.054.86$14,470
Jan 2022711,92381.844.54$14,537
Dec 2021791,69571.323.90$12,243
Nov 2021362,10177.435.24$13,790
Oct 202114466679.795.71$15,295
Sep 2021693,13969.865.35$21,617
Aug 2021862,02666.024.22$14,229
Jul 20212703,27570.783.98$32,152
Jun 20212014,03269.493.38$27,598
May 20212535,01563.483.02$31,194
Apr 20212404,63860.362.76$27,280
Mar 20211757,26861.302.72$30,474
Feb 20212975,40257.805.55$47,137
Jan 20211627,44850.412.81$29,097
Dec 20201541,84344.642.68$11,805
Nov 20201205,03938.772.71$18,291
Oct 20203665,31836.972.48$26,711
Sep 20203146,00837.091.99$23,608
Aug 20205985,95739.982.39$38,116
Jul 20205606,53638.371.83$33,416
Jun 20207115,28434.901.69$33,746
May 202007,47916.921.81$13,573
Apr 2020856,58614.751.80$13,137
Mar 20206998,52330.341.86$37,028
Feb 20207038,89649.881.98$52,686
Jan 20203938,74657.252.09$40,820
Dec 20194278,15359.012.30$43,985
Nov 20194708,01955.302.75$48,049
Oct 20192557,87253.472.42$32,674
Sep 20193207,45255.052.66$37,418
Aug 20192507,87853.112.30$31,431
Jul 20193907,94156.272.46$41,481
Jun 20193018,65752.782.49$37,453
May 20197309,59958.482.74$68,995
Apr 20194839,42562.632.75$56,176
Mar 20194599,84556.803.06$56,218
Feb 20194448,14150.852.79$45,309
Jan 201950612,96946.033.23$65,157
Dec 201849810,72646.594.19$68,095
Nov 201861511,19552.934.24$79,988
Oct 201861310,71161.443.40$74,060
Sep 201874711,97459.543.11$81,692
Aug 201853413,68559.403.07$73,685
Jul 201888314,58465.142.93$100,277
Jun 201861214,17260.183.08$80,436
May 20181,04716,16665.382.90$115,347
Apr 201892015,85763.842.90$104,731
Mar 201899917,97761.222.79$111,258
Feb 20181,07717,95261.782.77$116,194
Jan 20181,09320,10362.874.01$149,316
Dec 20171,31521,87257.272.92$139,210
Nov 20171,19622,51055.423.12$136,477
Oct 20171,44125,28349.292.98$146,463
Sep 20171,71827,43947.523.09$166,351
Aug 20171,60929,73245.373.00$162,327
Jul 20171,93639,12743.873.09$205,728
Jun 20172,14832,99342.493.09$193,127
May 20173,42347,48645.373.26$310,267
Apr 20173,67843,96247.933.21$317,475
Mar 20173,81740,34846.772.98$298,907
Feb 20173,04044,68650.452.95$285,308
Jan 20172,57050,26049.413.42$298,813
Dec 20163,00958,65248.763.72$365,070
Nov 20163,69869,84942.492.64$341,833
Oct 20163,75973,19846.193.09$399,829
Sep 20165,01187,19641.553.10$478,570
Aug 20166,668110,91541.442.92$600,675
Jul 201610,245157,60041.622.92$887,273
Jun 201618,970208,42445.352.69$1,420,081
May 201614,143105,57942.521.99$811,572
Apr 20160036.561.99$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.

May 2026 — as filed, then multipliedworked
Oil                  148 bbl  × $106.41 =    $15,749
Casinghead gas     2,265 Mcf  × $  3.05 =     $6,899

────────────────────────────────────────────────────
Month total                                  $22,648

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/27215 is the state's own key, not one this site invented.