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 199720District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Jan 2004 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
269
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 Gas112006-05-10168440
NGPA2none

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
CondensateDisposition348 bbl$15,664
GasProduction2,063,847 Mcf$11,236,374
Total$11,252,038

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 31.4650, -96.2756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46498, -96.27556 · 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
13,713 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 13,713 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-29331529613,713 ftJul 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 (269)

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

269 months

May 202603,907106.413.05$11,900
Apr 202643,94898.932.87$11,725
Mar 202613,91489.753.15$12,417
Feb 202603,70463.503.75$13,891
Jan 202603,81759.138.00$30,528
Dec 202504,33156.664.41$19,114
Nov 202504,20258.593.93$16,499
Oct 202504,44759.383.30$14,697
Sep 202504,44462.743.08$13,674
Aug 202503,74763.933.01$11,296
Jul 202504,71466.743.32$15,628
Jun 202504,29366.483.13$13,432
May 202504,56160.553.23$14,743
Apr 202503,93562.363.54$13,942
Mar 202503,56367.704.27$15,208
Feb 202502,86170.884.34$12,419
Jan 202503,94374.324.28$16,871
Dec 202403,48968.993.12$10,890
Nov 202404,15869.052.20$9,141
Oct 202404,23771.372.28$9,666
Sep 202403,80269.612.36$8,989
Aug 202403,64875.632.06$7,528
Jul 202403,79079.932.15$8,136
Jun 202403,71778.082.63$9,791
May 202404,17578.812.20$9,178
Apr 202403,42284.451.66$5,678
Mar 202401,98580.301.55$3,067
Feb 202402,37076.091.78$4,227
Jan 202402,03273.023.30$6,701
Dec 202303,08971.262.61$8,065
Nov 202303,40077.892.81$9,546
Oct 202303,42085.443.09$10,559
Sep 202303,09989.042.74$8,476
Aug 202302,75580.522.67$7,364
Jul 202302,10074.852.64$5,548
Jun 202302,67168.962.26$6,032
May 202302,77670.622.23$6,183
Apr 202301,76778.122.24$3,954
Mar 202301,89272.852.39$4,528
Feb 202301,61875.112.47$3,989
Jan 202302,20676.533.39$7,473
Dec 202201,88376.415.73$10,788
Nov 202201,87585.005.65$10,587
Oct 202202,00887.185.86$11,774
Sep 202201,74484.888.16$14,237
Aug 202203,52694.529.13$32,182
Jul 202202,285101.587.54$17,234
Jun 202201,681115.097.98$13,410
May 202201,751109.378.43$14,766
Apr 202201,589104.226.84$10,865
Mar 202201,487108.885.08$7,549
Feb 202201,35291.054.86$6,569
Jan 202201,66781.844.54$7,564
Dec 202101,50671.323.90$5,872
Nov 202101,59677.435.24$8,358
Oct 202101,69079.795.71$9,656
Sep 202101,57569.865.35$8,428
Aug 202101,82166.024.22$7,686
Jul 202101,65770.783.98$6,598
Jun 202101,89069.493.38$6,389
May 2021098363.483.02$2,966
Apr 202101,70160.362.76$4,692
Mar 202101,08561.302.72$2,948
Feb 202101,33157.805.55$7,384
Jan 202101,50350.412.81$4,224
Dec 202001,93144.642.68$5,166
Nov 202002,28838.772.71$6,193
Oct 202002,41336.972.48$5,980
Sep 202002,99137.091.99$5,955
Aug 202003,20639.982.39$7,647
Jul 202003,03838.371.83$5,545
Jun 202002,35834.901.69$3,986
May 202002,93616.921.81$5,328
Apr 202002,95114.751.80$5,325
Mar 202002,56430.341.86$4,759
Feb 202003,09249.881.98$6,124
Jan 202001,24657.252.09$2,610
Dec 201901,14159.012.30$2,629
Nov 201901,03855.302.75$2,855
Oct 2019085153.472.42$2,058
Sep 201901,82355.052.66$4,844
Aug 201902,05853.112.30$4,742
Jul 201901,84556.272.46$4,539
Jun 201901,99152.782.49$4,960
May 201902,17058.482.74$5,946
Apr 201902,13962.632.75$5,884
Mar 201902,09956.803.06$6,427
Feb 201902,07250.852.79$5,785
Jan 201902,37446.033.23$7,664
Dec 201802,69646.594.19$11,284
Nov 201802,98152.934.24$12,631
Oct 201804,18961.443.40$14,235
Sep 201804,80059.543.11$14,918
Aug 201804,38959.403.07$13,459
Jul 201804,45565.142.93$13,062
Jun 201803,31160.183.08$10,188
May 201804,33265.382.90$12,566
Apr 201804,22063.842.90$12,241
Mar 201805,33561.222.79$14,868
Feb 201804,30861.782.77$11,916
Jan 201804,04562.874.01$16,218
Dec 201704,09057.272.92$11,949
Nov 201705,10155.423.12$15,907
Oct 201703,49649.292.98$10,431
Sep 201704,05547.523.09$12,519
Aug 201704,83045.373.00$14,511
Jul 201705,06843.873.09$15,646
Jun 201705,08842.493.09$15,708
May 201705,07245.373.26$16,552
Apr 201705,48147.933.21$17,603
Mar 201705,72346.772.98$17,076
Feb 201705,14950.452.95$15,203
Jan 201705,60649.413.42$19,166
Dec 201606,14648.763.72$22,881
Nov 201605,87742.492.64$15,541
Oct 201605,98946.193.09$18,508
Sep 201606,34741.553.10$19,680
Aug 201606,18241.442.92$18,078
Jul 201606,54741.622.92$19,146
Jun 201605,90445.352.69$15,857
May 201606,89042.521.99$13,718
Apr 201606,47836.561.99$12,898
Mar 201606,77633.011.79$12,156
Feb 201606,62726.472.06$13,676
Jan 201607,67127.352.36$18,137
Dec 201508,01332.362.00$16,037
Nov 201507,04838.792.17$15,275
Oct 201507,00743.552.43$17,003
Sep 201516,22842.992.76$17,222
Aug 201506,93740.162.87$19,926
Jul 201507,23548.152.95$21,308
Jun 201507,44256.152.88$21,454
May 201508,34555.212.96$24,663
Apr 201508,53049.822.71$23,087
Mar 201509,23942.892.93$27,114
Feb 201507,22144.662.98$21,491
Jan 201504,50243.433.10$13,959
Dec 201402,40854.693.59$8,648
Nov 201408,42870.464.25$35,835
Oct 201402,72778.303.90$10,638
Sep 201407,29586.164.05$29,511
Aug 201405,31289.394.04$21,435
Jul 201403,18096.564.18$13,291
Jun 201403,30798.164.74$15,665
May 201408,53994.734.73$40,360
Apr 201406,22495.944.81$29,932
Mar 2014010,99995.895.06$55,620
Feb 201403,32197.406.19$20,564
Jan 201402,78390.404.86$13,527
Dec 201302,49991.824.35$10,882
Nov 201307,93188.853.74$29,648
Oct 201305,87897.423.78$22,215
Sep 201305,655104.113.72$21,024
Aug 201302,697104.253.52$9,500
Jul 201305,734102.523.72$21,318
Jun 2013010,95294.403.93$43,079
May 201302,89094.834.15$11,991
Apr 201302,84593.964.28$12,184
Mar 201308,88393.623.91$34,758
Feb 201305,00391.233.42$17,110
Jan 201304,03791.603.42$13,806
Dec 201207,50786.773.42$25,675
Nov 2012010,92286.953.62$39,592
Oct 2012012,68889.383.40$43,135
Sep 2012013,42294.672.92$39,171
Aug 2012014,01092.662.91$40,743
Jul 2012013,58385.133.02$41,032
Jun 2012012,59579.822.52$31,727
May 201207,42191.612.49$18,466
Apr 201204,112101.652.00$8,211
Mar 201203,552105.052.22$7,893
Feb 201202,964101.102.57$7,618
Jan 201203,30798.092.73$9,042
Dec 201103,42396.873.24$11,090
Nov 201104,05995.723.31$13,440
Oct 201104,15584.983.65$15,160
Sep 201104,91583.623.99$19,590
Aug 201104,25983.404.15$17,672
Jul 201105,66694.144.52$25,595
Jun 201108,58592.904.64$39,833
May 201106,56998.134.40$28,935
Apr 201105,727105.964.33$24,817
Mar 201124,97996.364.06$20,394
Feb 201105,17585.644.18$21,631
Jan 2011010,75486.504.59$49,348
Dec 2010014,99985.734.35$65,212
Nov 2010013,47280.843.80$51,131
Oct 201009,17978.103.51$32,208
Sep 201006,78672.633.98$27,005
Aug 201007,28873.684.42$32,208
Jul 201018,04172.554.74$38,159
Jun 2010010,13570.364.91$49,767
May 2010012,16671.124.24$51,526
Apr 2010516,61581.694.12$68,907
Mar 2010025,20678.394.39$110,621
Feb 2010018,70273.585.44$101,783
Jan 2010042,99974.365.96$256,450
Dec 2009012,81771.445.48$70,285
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200901,10665.543.06$3,390
Aug 200903,11167.423.22$10,013
Jul 200904,46361.133.46$15,462
Jun 200902,41866.163.90$9,418
May 200902,45854.743.93$9,649
Apr 200912,73946.773.59$9,873
Mar 200903,13642.144.06$12,729
Feb 200903,36932.814.63$15,609
Jan 200904,00135.865.37$21,489
Dec 200804,95437.105.98$29,611
Nov 200807,32555.496.86$50,252
Oct 200827,89775.246.92$54,813
Sep 200807,560101.767.88$59,551
Aug 200808,369114.228.48$70,994
Jul 200817,961131.0811.39$90,802
Jun 200827,672131.3313.03$100,249
May 200808,121123.1711.57$93,995
Apr 200868,047110.3110.45$84,792
Mar 200808,759101.909.66$84,648
Feb 200818,18692.538.77$71,889
Jan 200828,89490.388.21$73,163
Dec 200739,57288.337.30$70,159
Nov 200719,47191.677.29$69,151
Oct 200719,62982.856.92$66,735
Sep 200739,53775.846.24$59,778
Aug 2007310,33469.066.39$66,220
Jul 2007010,38670.906.39$66,345
Jun 2007610,14762.007.55$76,966
May 2007010,93558.747.85$85,799
Apr 2007010,41459.617.81$81,283
Mar 2007011,54756.927.30$84,316
Feb 2007010,50455.108.22$86,301
Jan 2007111,91950.306.73$80,228
Dec 2006012,11856.656.92$83,838
Nov 2006012,32854.207.62$93,908
Oct 2006113,15254.906.01$79,148
Sep 2006313,14260.085.04$66,379
Aug 2006312,99368.717.34$95,574
Jul 2006213,90669.376.34$88,341
Jun 2006213,97066.286.38$89,315
May 2006114,96666.016.42$96,223
Apr 2006214,51864.397.36$106,988
Mar 2006115,97256.707.08$113,185
Feb 2006614,64157.597.75$113,830
Jan 2006316,85560.598.93$150,753
Dec 2005617,41854.9413.42$233,999
Nov 2005317,62654.6910.59$186,795
Oct 2005318,61558.3413.80$256,983
Sep 2005218,92061.4512.08$228,658
Aug 2005420,03361.519.80$196,506
Jul 2005120,18055.697.84$158,340
Jun 2005520,75152.337.38$153,426
May 2005324,93545.226.65$165,982
Apr 2005224,36949.207.36$179,466
Mar 2005028,80150.377.15$206,068
Feb 2005824,28445.226.31$153,640
Jan 2005316,88943.166.32$106,905
Dec 2004518,15039.866.75$122,731
Nov 2004421,02145.286.33$133,253
Oct 2004223,78349.706.52$155,048
Sep 2004325,29043.245.28$133,760
Aug 2004924,65442.375.55$137,227
Jul 2004928,17338.286.08$171,754
Jun 2004326,53736.106.43$170,821
May 2004634,40937.486.49$223,697
Apr 20042336,53534.475.86$214,832
Mar 20042457,37634.365.53$318,122
Feb 20042165,42432.455.51$361,143
Jan 200412827,14032.036.30$175,072

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                3,907 Mcf  × $  3.05 =    $11,900

────────────────────────────────────────────────────
Month total                                  $11,900

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/199720 is the state's own key, not one this site invented.