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 196570District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Aug 2003 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
274
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 Gas112003-11-05152860
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
CondensateDisposition7,643 bbl$468,778
GasProduction2,192,576 Mcf$12,088,737
Total$12,557,515

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 31.4832, -96.2830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48320, -96.28298 · 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
12,295 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 12,295 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-161325461112,295 ftApr 2010

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 (274)

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

274 months

May 202602,290106.413.05$6,975
Apr 202603,22798.932.87$9,261
Mar 202602,98789.753.15$9,407
Feb 202602,00163.503.75$7,504
Jan 202602,33159.138.00$18,643
Dec 202503,34656.664.41$14,767
Nov 202503,45858.593.93$13,578
Oct 202502,34859.383.30$7,760
Sep 202501,64162.743.08$5,049
Aug 202503,51163.933.01$10,585
Jul 202503,86766.743.32$12,820
Jun 202501,56266.483.13$4,887
May 202502,18160.553.23$7,050
Apr 202503,32762.363.54$11,788
Mar 202503,66967.704.27$15,660
Feb 202502,48670.884.34$10,791
Jan 202503,60174.324.28$15,408
Dec 202403,77768.993.12$11,789
Nov 202404,23669.052.20$9,313
Oct 202403,44671.372.28$7,862
Sep 2024087169.612.36$2,059
Aug 202401,13175.632.06$2,334
Jul 202402,29779.932.15$4,931
Jun 202403,57978.082.63$9,427
May 202402,47378.812.20$5,437
Apr 202413,72484.451.66$6,263
Mar 202402,29680.301.55$3,548
Feb 202404,03276.091.78$7,192
Jan 202403,00773.023.30$9,916
Dec 202304,48671.262.61$11,712
Nov 202304,55977.892.81$12,800
Oct 202306,07185.443.09$18,743
Sep 2023072589.042.74$1,983
Aug 2023077680.522.67$2,074
Jul 2023076774.852.64$2,026
Jun 2023079168.962.26$1,786
May 2023087470.622.23$1,947
Apr 202301,01978.122.24$2,280
Mar 202301,61972.852.39$3,875
Feb 202305,07875.112.47$12,521
Jan 202301,89076.533.39$6,403
Dec 202206176.415.73$349
Nov 2022083785.005.65$4,726
Oct 202202,39487.185.86$14,038
Sep 202201,61184.888.16$13,152
Aug 202203,01594.529.13$27,518
Jul 202204,729101.587.54$35,667
Jun 202203,922115.097.98$31,287
May 20220884109.378.43$7,455
Apr 20220932104.226.84$6,373
Mar 202201,224108.885.08$6,214
Feb 202202,47091.054.86$12,001
Jan 202205,21681.844.54$23,669
Dec 202101,10771.323.90$4,316
Nov 2021064977.435.24$3,399
Oct 202103,71979.795.71$21,250
Sep 202101,15469.865.35$6,175
Aug 2021096466.024.22$4,069
Jul 2021089870.783.98$3,576
Jun 2021085069.493.38$2,874
May 2021088763.483.02$2,677
Apr 202101,37560.362.76$3,793
Mar 202101,42761.302.72$3,877
Feb 202101,97357.805.55$10,946
Jan 202101,56250.412.81$4,390
Dec 202001,92644.642.68$5,153
Nov 202001,87538.772.71$5,075
Oct 202001,78736.972.48$4,429
Sep 202001,29237.091.99$2,572
Aug 202002,57239.982.39$6,134
Jul 202002,67138.371.83$4,875
Jun 202003,72634.901.69$6,298
May 202003,54716.921.81$6,437
Apr 202001,65714.751.80$2,990
Mar 202004,03330.341.86$7,486
Feb 202003,76349.881.98$7,453
Jan 202003,70457.252.09$7,759
Dec 201903,64359.012.30$8,395
Nov 201903,10755.302.75$8,546
Oct 201903,86053.472.42$9,336
Sep 201903,84955.052.66$10,228
Aug 201904,55753.112.30$10,501
Jul 201902,33756.272.46$5,749
Jun 201903,68052.782.49$9,168
May 201904,12858.482.74$11,312
Apr 201903,78862.632.75$10,420
Mar 201904,37256.803.06$13,388
Feb 201903,57150.852.79$9,971
Jan 201904,49246.033.23$14,501
Dec 201802,67746.594.19$11,204
Nov 201803,74152.934.24$15,852
Oct 201804,16761.443.40$14,160
Sep 201803,75559.543.11$11,671
Aug 201804,47859.403.07$13,732
Jul 201804,86365.142.93$14,258
Jun 201804,68460.183.08$14,412
May 201804,49265.382.90$13,030
Apr 201804,60063.842.90$13,344
Mar 201804,54461.222.79$12,663
Feb 201804,30961.782.77$11,919
Jan 201804,30562.874.01$17,260
Dec 201704,25857.272.92$12,440
Nov 201704,77755.423.12$14,896
Oct 201704,95749.292.98$14,790
Sep 201705,41147.523.09$16,705
Aug 201704,64745.373.00$13,961
Jul 201705,29343.873.09$16,341
Jun 201705,17542.493.09$15,977
May 201705,63145.373.26$18,376
Apr 201705,11847.933.21$16,437
Mar 20171735,27546.772.98$23,830
Feb 201705,12450.452.95$15,129
Jan 201705,38449.413.42$18,407
Dec 201605,56048.763.72$20,699
Nov 201605,36542.492.64$14,187
Oct 201605,78246.193.09$17,868
Sep 201606,03541.553.10$18,712
Aug 201606,24641.442.92$18,265
Jul 201606,90441.622.92$20,190
Jun 201604,47945.352.69$12,030
May 201604,00942.521.99$7,982
Apr 201603,95336.561.99$7,871
Mar 201604,05933.011.79$7,282
Feb 201603,96126.472.06$8,174
Jan 201604,37527.352.36$10,344
Dec 201503,68032.362.00$7,365
Nov 201502,81638.792.17$6,103
Oct 201503,58043.552.43$8,687
Sep 201544,52242.992.76$12,646
Aug 201504,26840.162.87$12,260
Jul 201505,07248.152.95$14,937
Jun 201504,51356.152.88$13,010
May 201504,67855.212.96$13,826
Apr 201504,28749.822.71$11,603
Mar 201503,54242.892.93$10,395
Feb 201503,93244.662.98$11,702
Jan 201503,97043.433.10$12,310
Dec 201403,53554.693.59$12,695
Nov 201403,35970.464.25$14,282
Oct 201403,15978.303.90$12,323
Sep 201405,15686.164.05$20,858
Aug 201405,65889.394.04$22,831
Jul 201404,68796.564.18$19,590
Jun 201404,95198.164.74$23,452
May 201405,18894.734.73$24,521
Apr 201404,90495.944.81$23,584
Mar 201406,29395.895.06$31,822
Feb 201404,56797.406.19$28,279
Jan 201404,68190.404.86$22,753
Dec 201304,91791.824.35$21,411
Nov 201304,32888.853.74$16,179
Oct 201305,13397.423.78$19,399
Sep 201305,230104.113.72$19,444
Aug 201305,643104.253.52$19,878
Jul 201304,101102.523.72$15,246
Jun 201304,52894.403.93$17,810
May 201305,53094.834.15$22,944
Apr 201304,91893.964.28$21,062
Mar 201306,35293.623.91$24,855
Feb 201303,66291.233.42$12,524
Jan 201305,71191.603.42$19,531
Dec 201205,31186.773.42$18,164
Nov 201204,50586.953.62$16,330
Oct 201202,91889.383.40$9,920
Sep 20121684,39394.672.92$28,725
Aug 201203,11592.662.91$9,059
Jul 201205,73585.133.02$17,324
Jun 201205,81679.822.52$14,651
May 201205,84191.612.49$14,534
Apr 201205,249101.652.00$10,481
Mar 201206,270105.052.22$13,932
Feb 201205,205101.102.57$13,378
Jan 201206,31298.092.73$17,258
Dec 201106,08596.873.24$19,714
Nov 201106,75295.723.31$22,358
Oct 201106,25484.983.65$22,818
Sep 20111785,41683.623.99$36,471
Aug 201106,15083.404.15$25,518
Jul 20111745,35594.144.52$40,570
Jun 201105,65892.904.64$26,252
May 201105,03698.134.40$22,183
Apr 201109,139105.964.33$39,602
Mar 20111776,40096.364.06$43,023
Feb 201103,15785.644.18$13,196
Jan 201107,22586.504.59$33,154
Dec 201005,78885.734.35$25,165
Nov 20101816,44080.843.80$39,074
Oct 201006,54078.103.51$22,948
Sep 201007,00172.633.98$27,860
Aug 201009,39273.684.42$41,507
Jul 201019,57872.554.74$45,439
Jun 20101758,87870.364.91$55,908
May 201007,00971.124.24$29,685
Apr 20101829,52081.694.12$54,116
Mar 201019,19478.394.39$40,428
Feb 201003,26673.585.44$17,775
Jan 20101786,38374.365.96$51,305
Dec 200908,12171.445.48$44,534
Nov 200916710,50174.593.75$51,851
Oct 20091814,82472.544.11$32,958
Sep 200902,05765.543.06$6,304
Aug 20091641,81367.423.22$16,892
Jul 20091781,72361.133.46$16,850
Jun 20093582,53866.163.90$33,571
May 200918089754.743.93$13,375
Apr 200923,46046.773.59$12,506
Mar 200945,32842.144.06$21,795
Feb 200914,25132.814.63$19,728
Jan 200916,59035.865.37$35,431
Dec 200803,89237.105.98$23,263
Nov 200807,29255.496.86$50,026
Oct 20081805,63575.246.92$52,549
Sep 200826,032101.767.88$47,718
Aug 200806,526114.228.48$55,360
Jul 200837,515131.0811.39$85,985
Jun 200824,929131.3313.03$64,500
May 20081817,997123.1711.57$114,853
Apr 200837,250110.3110.45$76,129
Mar 200814,572101.909.66$44,286
Feb 200855,70592.538.77$50,499
Jan 200889,20790.388.21$76,273
Dec 20071511,09088.337.30$82,304
Nov 200719210,59791.677.29$94,871
Oct 20071112,20882.856.92$85,415
Sep 200748,42275.846.24$52,892
Aug 200718912,95869.066.39$95,827
Jul 2007412,29670.906.39$78,830
Jun 2007312,05962.007.55$91,213
May 200718711,13258.747.85$98,329
Apr 2007411,35359.617.81$88,851
Mar 200719,10156.927.30$66,512
Feb 200718611,90855.108.22$108,085
Jan 2007512,47550.306.73$84,169
Dec 200617313,90256.656.92$105,981
Nov 2006113,20454.207.62$100,635
Oct 2006614,55654.906.01$87,866
Sep 2006214,94960.085.04$75,421
Aug 2006115,95968.717.34$117,206
Jul 200619114,85669.376.34$107,478
Jun 2006014,42366.286.38$92,075
May 200619215,99966.016.42$115,468
Apr 2006915,97964.397.36$118,193
Mar 200618915,05356.707.08$117,335
Feb 20061114,72257.597.75$114,745
Jan 20061317,17860.598.93$154,244
Dec 200520218,32554.9413.42$256,935
Nov 20051417,65954.6910.59$187,746
Oct 20051118,02958.3413.80$249,366
Sep 200519618,85561.4512.08$239,794
Aug 2005819,68561.519.80$193,343
Jul 20051321,15555.697.84$166,656
Jun 200519021,41252.337.38$167,986
May 20051124,14245.226.65$161,070
Apr 20051624,61549.207.36$181,965
Mar 2005026,82150.377.15$191,901
Feb 20051325,21745.226.31$159,756
Jan 200518627,00943.166.32$178,784
Dec 20041428,48639.866.75$192,869
Nov 200420428,74345.286.33$191,192
Oct 2004932,87749.706.52$214,644
Sep 200414931,04243.245.28$170,466
Aug 200420834,33242.375.55$199,378
Jul 20043541,67538.286.08$254,898
Jun 200421031,51436.106.43$210,311
May 2004926,17837.486.49$170,352
Apr 200419929,46534.475.86$179,479
Mar 200420233,94434.365.53$194,656
Feb 200420036,30032.455.51$206,489
Jan 20042729,90532.036.30$189,256
Dec 200339545,71130.266.30$300,007
Nov 20032153,17828.804.60$244,966
Oct 20032466,09428.174.76$315,260
Sep 20033388,45026.314.75$420,949
Aug 20034153,84029.765.13$277,404

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                2,290 Mcf  × $  3.05 =     $6,975

────────────────────────────────────────────────────
Month total                                   $6,975

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/196570 is the state's own key, not one this site invented.