GIBSON

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188083District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.4 M
Mar 2002 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
291
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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
as the register files it
Field class
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 20 acres. The field rule took effect on 2010-11-30.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PRORATION PURPOSES.

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
High Cost Gas112002-08-28147661
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
CondensateDisposition458 bbl$20,505
GasProduction3,547,122 Mcf$18,388,443
Total$18,408,948

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 31.4611, -96.2767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46113, -96.27669 · 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
13,800 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 13,800 ft.

Completions filed
Mar 2002
1 of 1 wells

1 well

42-29331413413,800 ftMar 2002

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 (291)

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

291 months

May 202602,277106.413.05$6,935
Apr 202602,33298.932.87$6,692
Mar 202602,32189.753.15$7,310
Feb 202602,28263.503.75$8,558
Jan 202602,48159.138.00$19,843
Dec 202512,65756.664.41$11,783
Nov 202502,26358.593.93$8,886
Oct 202511,94259.383.30$6,477
Sep 202502,42962.743.08$7,474
Aug 202501,20863.933.01$3,642
Jul 202502,26366.743.32$7,502
Jun 202502,33366.483.13$7,299
May 202502,54860.553.23$8,236
Apr 202502,34362.363.54$8,302
Mar 202512,48167.704.27$10,657
Feb 202502,27570.884.34$9,875
Jan 202502,52174.324.28$10,787
Dec 202402,62168.993.12$8,181
Nov 202402,61569.052.20$5,749
Oct 202402,72971.372.28$6,226
Sep 202402,44269.612.36$5,774
Aug 202402,72475.632.06$5,621
Jul 202402,63879.932.15$5,663
Jun 202412,46978.082.63$6,581
May 202401,79478.812.20$3,944
Apr 202412,15684.451.66$3,662
Mar 202411,76480.301.55$2,806
Feb 202402,10376.091.78$3,751
Jan 202402,43373.023.30$8,023
Dec 202302,77371.262.61$7,240
Nov 202302,97977.892.81$8,364
Oct 202303,43085.443.09$10,589
Sep 202302,87789.042.74$7,869
Aug 202302,68280.522.67$7,169
Jul 202302,71174.852.64$7,162
Jun 202302,71368.962.26$6,127
May 202303,01070.622.23$6,704
Apr 202303,29678.122.24$7,376
Mar 2023032372.852.39$773
Feb 2023051675.112.47$1,272
Jan 202301,34576.533.39$4,556
Dec 202201,23676.415.73$7,081
Nov 202201,67485.005.65$9,452
Oct 202202,71187.185.86$15,897
Sep 202202,41884.888.16$19,740
Aug 202202,96794.529.13$27,080
Jul 202202,232101.587.54$16,834
Jun 202202,261115.097.98$18,036
May 202202,326109.378.43$19,615
Apr 202202,298104.226.84$15,713
Mar 202202,696108.885.08$13,686
Feb 202202,77991.054.86$13,503
Jan 202202,47181.844.54$11,213
Dec 202102,59771.323.90$10,126
Nov 202101,68977.435.24$8,845
Oct 202102,67779.795.71$15,296
Sep 2021099169.865.35$5,303
Aug 202101,96966.024.22$8,310
Jul 202101,27870.783.98$5,089
Jun 202102,23269.493.38$7,546
May 202102,27263.483.02$6,856
Apr 202102,25260.362.76$6,212
Mar 202102,44261.302.72$6,635
Feb 2021050157.805.55$2,780
Jan 202101,14150.412.81$3,207
Dec 202001,22244.642.68$3,269
Nov 202001,52538.772.71$4,128
Oct 202001,65336.972.48$4,097
Sep 202001,57337.091.99$3,132
Aug 202001,67439.982.39$3,993
Jul 202001,00238.371.83$1,829
Jun 2020081334.901.69$1,374
May 202001,14216.921.81$2,072
Apr 202002,59214.751.80$4,677
Mar 202002,77730.341.86$5,155
Feb 202002,79049.881.98$5,526
Jan 202002,58657.252.09$5,417
Dec 201902,92159.012.30$6,731
Nov 201902,31255.302.75$6,360
Oct 201902,25553.472.42$5,454
Sep 201903,10055.052.66$8,238
Aug 201903,07253.112.30$7,079
Jul 201902,86356.272.46$7,043
Jun 201902,83452.782.49$7,060
May 201902,99258.482.74$8,199
Apr 201903,76762.632.75$10,362
Mar 201903,48456.803.06$10,668
Feb 201902,92350.852.79$8,162
Jan 201903,41846.033.23$11,034
Dec 201803,30746.594.19$13,841
Nov 201803,05252.934.24$12,932
Oct 201803,12661.443.40$10,622
Sep 201803,25559.543.11$10,117
Aug 201802,68559.403.07$8,234
Jul 201803,56265.142.93$10,443
Jun 201803,54460.183.08$10,905
May 201803,49165.382.90$10,127
Apr 201803,36863.842.90$9,770
Mar 201803,87161.222.79$10,788
Feb 201803,44861.782.77$9,538
Jan 201804,07962.874.01$16,354
Dec 201703,79657.272.92$11,090
Nov 201703,85855.423.12$12,031
Oct 201703,91449.292.98$11,678
Sep 201703,93147.523.09$12,136
Aug 201704,08045.373.00$12,258
Jul 201703,99743.873.09$12,340
Jun 201703,89642.493.09$12,028
May 201703,77945.373.26$12,332
Apr 201703,95447.933.21$12,699
Mar 20171384,18146.772.98$18,929
Feb 201703,91350.452.95$11,554
Jan 201704,98049.413.42$17,026
Dec 201605,66048.763.72$21,071
Nov 201605,92342.492.64$15,662
Oct 201606,11846.193.09$18,906
Sep 201605,58641.553.10$17,320
Aug 201605,64441.442.92$16,505
Jul 201606,18441.622.92$18,084
Jun 201606,48145.352.69$17,407
May 201606,65242.521.99$13,244
Apr 201606,57036.561.99$13,081
Mar 201606,70433.011.79$12,027
Feb 201606,49226.472.06$13,397
Jan 201607,11927.352.36$16,832
Dec 201507,36832.362.00$14,746
Nov 201507,50838.792.17$16,272
Oct 201507,67443.552.43$18,622
Sep 201506,11242.992.76$16,859
Aug 201505,25140.162.87$15,083
Jul 201505,51148.152.95$16,230
Jun 201507,88356.152.88$22,726
May 201508,10155.212.96$23,942
Apr 201505,91249.822.71$16,001
Mar 201505,00742.892.93$14,694
Feb 201507,37044.662.98$21,935
Jan 201506,48443.433.10$20,104
Dec 201405,29154.693.59$19,002
Nov 201406,34870.464.25$26,991
Oct 201407,37578.303.90$28,770
Sep 201407,85686.164.05$31,781
Aug 201408,66289.394.04$34,952
Jul 201407,09196.564.18$29,638
Jun 201408,53698.164.74$40,434
May 201408,12794.734.73$38,413
Apr 201405,57395.944.81$26,801
Mar 201405,78395.895.06$29,243
Feb 201404,70697.406.19$29,140
Jan 201407,77890.404.86$37,807
Dec 201308,44391.824.35$36,765
Nov 201308,45188.853.74$31,592
Oct 201308,39797.423.78$31,735
Sep 201307,904104.113.72$29,385
Aug 201307,872104.253.52$27,730
Jul 201306,862102.523.72$25,511
Jun 201308,62194.403.93$33,910
May 201308,43094.834.15$34,977
Apr 201308,52693.964.28$36,513
Mar 201307,29193.623.91$28,529
Feb 201305,92391.233.42$20,256
Jan 201307,71891.603.42$26,395
Dec 201208,21486.773.42$28,093
Nov 201206,61386.953.62$23,972
Oct 201206,60889.383.40$22,465
Sep 201207,40794.672.92$21,617
Aug 201207,64392.662.91$22,227
Jul 201208,05385.133.02$24,327
Jun 201207,11879.822.52$17,931
May 201208,17691.612.49$20,345
Apr 201207,998101.652.00$15,970
Mar 201208,509105.052.22$18,908
Feb 201207,858101.102.57$20,197
Jan 201208,28498.092.73$22,649
Dec 201108,60996.873.24$27,891
Nov 201108,05295.723.31$26,662
Oct 201108,44484.983.65$30,808
Sep 201108,22583.623.99$32,783
Aug 201109,51783.404.15$39,489
Jul 201108,89694.144.52$40,185
Jun 201109,51092.904.64$44,125
May 201109,20598.134.40$40,546
Apr 201108,985105.964.33$38,935
Mar 201109,67896.364.06$39,267
Feb 201108,83785.644.18$36,938
Jan 201108,51786.504.59$39,083
Dec 201008,97485.734.35$39,017
Nov 201009,32380.843.80$35,384
Oct 2010010,21178.103.51$35,829
Sep 2010010,23272.633.98$40,718
Aug 2010010,51373.684.42$46,461
Jul 2010011,06972.554.74$52,428
Jun 2010010,95570.364.91$53,793
May 201009,77371.124.24$41,391
Apr 2010011,06581.694.12$45,618
Mar 2010012,01478.394.39$52,725
Feb 2010011,61673.585.44$63,218
Jan 2010011,76874.365.96$70,185
Dec 2009011,99671.445.48$65,783
Nov 200909,98874.593.75$37,470
Oct 200908,60672.544.11$35,373
Sep 2009010,93365.543.06$33,507
Aug 2009010,15867.423.22$32,694
Jul 2009010,02061.133.46$34,714
Jun 2009013,31966.163.90$51,878
May 200909,17654.743.93$36,023
Apr 200916,33246.773.59$22,763
Mar 200908,44942.144.06$34,294
Feb 200908,28032.814.63$38,361
Jan 2009114,32335.865.37$76,965
Dec 2008014,81537.105.98$88,551
Nov 200805,97355.496.86$40,977
Oct 200805,95875.246.92$41,241
Sep 200806,203101.767.88$48,862
Aug 2008010,674114.228.48$90,548
Jul 2008112,316131.0811.39$140,403
Jun 2008011,708131.3313.03$152,586
May 2008112,821123.1711.57$148,517
Apr 2008412,907110.3110.45$135,382
Mar 2008113,737101.909.66$132,857
Feb 2008213,22592.538.77$116,176
Jan 2008113,48990.388.21$110,777
Dec 2007313,66588.337.30$100,046
Nov 2007414,09991.677.29$103,172
Oct 2007014,48582.856.92$100,265
Sep 2007114,52875.846.24$90,791
Aug 2007015,15069.066.39$96,777
Jul 2007014,83070.906.39$94,733
Jun 2007014,83962.007.55$112,011
May 2007016,58758.747.85$130,146
Apr 20078015,15559.617.81$123,057
Mar 2007014,27056.927.30$104,199
Feb 2007012,56355.108.22$103,218
Jan 2007013,15550.306.73$88,492
Dec 2006215,90256.656.92$110,130
Nov 2006017,51854.207.62$133,443
Oct 2006018,86554.906.01$113,450
Sep 2006219,41060.085.04$97,892
Aug 2006116,50868.717.34$121,236
Jul 2006119,29269.376.34$122,434
Jun 2006219,57366.286.38$125,084
May 2006220,86366.016.42$134,177
Apr 2006220,04364.397.36$147,655
Mar 2006022,08156.707.08$156,398
Feb 2006220,67857.597.75$160,393
Jan 2006423,39960.598.93$209,273
Dec 2005623,80054.9413.42$319,616
Nov 200586,21154.6910.59$66,202
Oct 200507,33358.3413.80$101,164
Sep 2005119,81661.4512.08$239,419
Aug 2005118,90361.519.80$185,251
Jul 2005119,50655.697.84$153,054
Jun 2005218,38652.337.38$135,812
May 2005022,45145.226.65$149,325
Apr 2005320,97949.207.36$154,563
Mar 2005023,82150.377.15$170,436
Feb 2005222,33545.226.31$141,067
Jan 2005124,40643.166.32$154,343
Dec 2004125,24139.866.75$170,444
Nov 2004125,80045.286.33$163,370
Oct 2004229,32649.706.52$191,161
Sep 2004228,98743.245.28$153,251
Aug 2004229,73142.375.55$165,111
Jul 2004231,15338.286.08$189,617
Jun 2004131,66536.106.43$203,738
May 2004134,08537.486.49$221,405
Apr 2004334,19534.475.86$200,433
Mar 2004236,84334.365.53$203,816
Feb 2004135,24932.455.51$194,241
Jan 2004037,71632.036.30$237,597
Dec 2003341,27530.266.30$260,191
Nov 2003141,39228.804.60$190,232
Oct 2003245,90028.174.76$218,524
Sep 2003347,16926.314.75$224,101
Aug 2003342,88929.765.13$220,098
Jul 2003049,94229.415.17$258,242
Jun 2003751,55828.565.98$308,669
May 2003258,04626.595.97$346,743
Apr 2003462,58026.675.41$338,494
Mar 2003566,98231.146.10$408,481
Feb 2003148,65333.487.93$385,651
Jan 20031369,97030.315.58$390,969
Dec 2002063,09026.914.85$306,224
Nov 2002666,95324.664.14$277,130
Oct 2002676,19026.464.23$322,375
Sep 2002257,78327.443.64$210,108
Aug 2002483,22625.963.16$263,444
Jul 20021496,63824.583.06$296,226
Jun 2002669,77623.733.34$233,071
May 20021079,68324.663.58$285,830
Apr 2002080,00623.653.51$281,007
Mar 20026124,70622.003.10$77,998

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,277 Mcf  × $  3.05 =     $6,935

────────────────────────────────────────────────────
Month total                                   $6,935

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. 05/G/188083 is the state's own key, not one this site invented.