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 207490District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.1 M
Jan 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
257
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 Gas112006-09-19169893
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
CondensateDisposition3,124 bbl$217,152
GasProduction2,774,570 Mcf$16,848,773
Total$17,065,925

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 31.4728, -96.2729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47278, -96.27287 · 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
13,545 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 13,545 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-161330571513,545 ftMay 2009

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 (257)

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

257 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202404775.632.06$97
Jul 2024020579.932.15$440
Jun 202401578.082.63$40
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023017772.852.39$424
Feb 20230075.112.47$0
Jan 2023055776.533.39$1,887
Dec 202201,14876.415.73$6,577
Nov 2022084485.005.65$4,765
Oct 2022058087.185.86$3,401
Sep 202202,54684.888.16$20,785
Aug 2022079094.529.13$7,210
Jul 202203,071101.587.54$23,162
Jun 202204,269115.097.98$34,055
May 202205,967109.378.43$50,320
Apr 202205,726104.226.84$39,152
Mar 202205,454108.885.08$27,687
Feb 202205,09191.054.86$24,736
Jan 202202,81181.844.54$12,755
Dec 202105,08971.323.90$19,843
Nov 202103,86977.435.24$20,261
Oct 202105,11579.795.71$29,226
Sep 202104,93869.865.35$26,423
Aug 202105,13566.024.22$21,673
Jul 202105,10370.783.98$20,321
Jun 202105,26769.493.38$17,806
May 202105,16863.483.02$15,595
Apr 202105,36660.362.76$14,802
Mar 202106,18161.302.72$16,793
Feb 202104,36657.805.55$24,222
Jan 202105,49750.412.81$15,448
Dec 202005,72944.642.68$15,328
Nov 202004,16738.772.71$11,278
Oct 202005,42036.972.48$13,433
Sep 202003,10037.091.99$6,172
Aug 202004,59739.982.39$10,964
Jul 202004,68438.371.83$8,549
Jun 202005,41634.901.69$9,155
May 202004,77416.921.81$8,664
Apr 202005,91914.751.80$10,680
Mar 202004,37030.341.86$8,112
Feb 202005,39049.881.98$10,676
Jan 202006,10057.252.09$12,778
Dec 201905,61459.012.30$12,937
Nov 201905,72455.302.75$15,745
Oct 201905,12353.472.42$12,390
Sep 201905,19955.052.66$13,815
Aug 201905,88253.112.30$13,554
Jul 201905,26156.272.46$12,942
Jun 201905,36452.782.49$13,363
May 201905,59058.482.74$15,318
Apr 201905,63262.632.75$15,492
Mar 201905,71856.803.06$17,509
Feb 201905,30150.852.79$14,802
Jan 201905,78446.033.23$18,672
Dec 201805,90346.594.19$24,707
Nov 201805,67852.934.24$24,059
Oct 201805,83361.443.40$19,821
Sep 201805,85759.543.11$18,204
Aug 201806,08459.403.07$18,657
Jul 201805,81965.142.93$17,061
Jun 201805,33360.183.08$16,409
May 201805,24865.382.90$15,223
Apr 201805,27863.842.90$15,310
Mar 201804,75261.222.79$13,243
Feb 201801,82561.782.77$5,048
Jan 201804962.874.01$196
Dec 201701,47557.272.92$4,309
Nov 201706,01555.423.12$18,757
Oct 201702,07849.292.98$6,200
Sep 201701,82947.523.09$5,647
Aug 201704,15045.373.00$12,468
Jul 201707,17743.873.09$22,157
Jun 201707,43242.493.09$22,945
May 201708,24445.373.26$26,903
Apr 201708,25747.933.21$26,518
Mar 201704,28046.772.98$12,770
Feb 201705,39650.452.95$15,932
Jan 201707,78649.413.42$26,619
Dec 201608,09648.763.72$30,140
Nov 201607,63742.492.64$20,195
Oct 201607,96946.193.09$24,626
Sep 201608,17941.553.10$25,360
Aug 201608,16941.442.92$23,889
Jul 201608,13441.622.92$23,787
Jun 201608,25445.352.69$22,169
May 201608,56642.521.99$17,055
Apr 201608,42536.561.99$16,775
Mar 201608,86133.011.79$15,897
Feb 201608,63626.472.06$17,822
Jan 201609,71627.352.36$22,972
Dec 201509,69432.362.00$19,402
Nov 201509,99738.792.17$21,667
Oct 201509,29143.552.43$22,545
Sep 201548,75142.992.76$24,311
Aug 201509,63640.162.87$27,679
Jul 2015010,33048.152.95$30,423
Jun 201507,76356.152.88$22,380
May 201504,99355.212.96$14,757
Apr 201503,85649.822.71$10,437
Mar 201507,96342.892.93$23,369
Feb 201505,01444.662.98$14,923
Jan 201505,50143.433.10$17,057
Dec 201404,67754.693.59$16,797
Nov 201402,66270.464.25$11,318
Oct 201407,01978.303.90$27,381
Sep 201403,27886.164.05$13,261
Aug 201405,35289.394.04$21,596
Jul 201408,16496.564.18$34,122
Jun 201406,49598.164.74$30,766
May 201406,87994.734.73$32,514
Apr 201405,94695.944.81$28,595
Mar 201401,21595.895.06$6,144
Feb 201403,69397.406.19$22,867
Jan 201402,98590.404.86$14,509
Dec 201308,23091.824.35$35,837
Nov 201302,96188.853.74$11,069
Oct 201309,44797.423.78$35,704
Sep 201305,683104.113.72$21,128
Aug 201308,809104.253.52$31,031
Jul 201305,452102.523.72$20,269
Jun 201307,18194.403.93$28,246
May 201306,92894.834.15$28,745
Apr 201309,26293.964.28$39,665
Mar 201309,49693.623.91$37,157
Feb 201306,53591.233.42$22,349
Jan 201308,47991.603.42$28,997
Dec 2012010,69586.773.42$36,579
Nov 201208,23386.953.62$29,844
Oct 201202,08389.383.40$7,082
Sep 201202,88094.672.92$8,405
Aug 201201,68892.662.91$4,909
Jul 201201,58285.133.02$4,779
Jun 201202,29879.822.52$5,789
May 201201,27591.612.49$3,173
Apr 201201,710101.652.00$3,415
Mar 2012010,146105.052.22$22,545
Feb 2012010,094101.102.57$25,944
Jan 201209,05998.092.73$24,768
Dec 201108,50896.873.24$27,564
Nov 2011012,76695.723.31$42,272
Oct 201109,89884.983.65$36,113
Sep 2011014,44183.623.99$57,559
Aug 201104,01583.404.15$16,660
Jul 2011013,57394.144.52$61,313
Jun 2011010,50692.904.64$48,747
May 201118213,93998.134.40$79,258
Apr 2011110,808105.964.33$46,940
Mar 2011014,03996.364.06$56,961
Feb 201108,32285.644.18$34,786
Jan 2011113,72886.504.59$63,081
Dec 201018211,65385.734.35$66,267
Nov 2010013,43680.843.80$50,994
Oct 2010014,51878.103.51$50,942
Sep 2010014,38072.633.98$57,225
Aug 2010014,02273.684.42$61,968
Jul 2010015,43372.554.74$73,098
Jun 2010015,96670.364.91$78,399
May 2010016,90971.124.24$71,613
Apr 2010016,17081.694.12$66,664
Mar 2010018,83278.394.39$82,647
Feb 2010017,08973.585.44$93,004
Jan 2010020,32174.365.96$121,196
Dec 2009017,60171.445.48$96,519
Nov 2009020,86374.593.75$78,268
Oct 200917923,51572.544.11$109,637
Sep 2009019,50265.543.06$59,769
Aug 2009024,37667.423.22$78,454
Jul 2009126,05761.133.46$90,336
Jun 2009428,79666.163.90$112,425
May 2009013,32454.743.93$52,307
Apr 200918111,59246.773.59$50,052
Mar 2009218,82242.144.06$36,693
Feb 2009284232.814.63$3,967
Jan 200902,36335.865.37$12,692
Dec 200802,65937.105.98$15,893
Nov 200803,23555.496.86$22,193
Oct 200814,42975.246.92$30,733
Sep 200817,272101.767.88$57,384
Aug 200819312,187114.228.48$125,427
Jul 2008814,347131.0811.39$164,453
Jun 20081015,048131.3313.03$197,428
May 2008816,542123.1711.57$192,447
Apr 2008616,504110.3110.45$173,209
Mar 20081017,526101.909.66$170,391
Feb 20081817,57292.538.77$155,782
Jan 20081118,85390.388.21$155,697
Dec 200719719,86288.337.30$162,433
Nov 20072319,97591.677.29$147,760
Oct 20071320,66982.856.92$144,147
Sep 20071120,36875.846.24$128,015
Aug 2007421,88269.066.39$140,057
Jul 200718421,82470.906.39$152,456
Jun 2007320,85362.007.55$157,594
May 2007023,41658.747.85$183,728
Apr 2007123,01259.617.81$179,673
Mar 2007122,34356.927.30$163,205
Feb 2007017,19055.108.22$141,233
Jan 2007024,11050.306.73$162,184
Dec 200618126,69656.656.92$194,948
Nov 2006821,81354.207.62$166,594
Oct 20061223,14354.906.01$139,836
Sep 2006532,25160.085.04$162,755
Aug 2006934,87868.717.34$256,620
Jul 2006536,01969.376.34$228,807
Jun 200618437,39966.286.38$250,946
May 20061538,35066.016.42$247,389
Apr 20061237,94164.397.36$280,037
Mar 20061041,84456.707.08$296,945
Feb 200620841,50957.597.75$333,720
Jan 20061649,48860.598.93$443,062
Dec 200521959,40954.9413.42$809,027
Nov 20051737,39854.6910.59$396,915
Oct 200519542,95058.3413.80$603,904
Sep 2005844,08361.4512.08$532,970
Aug 200519249,30161.519.80$494,804
Jul 200519659,69355.697.84$479,126
Jun 20051958,01352.337.38$429,191
May 20052681,36745.226.65$542,361
Apr 20053795,47149.207.36$704,533
Mar 2005087,62050.377.15$626,911
Feb 20058456,13345.226.31$358,105
Jan 200559,16843.166.32$58,178

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.

Aug 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                   47 Mcf  × $  2.06 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/207490 is the state's own key, not one this site invented.