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 209828District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Mar 2005 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
255
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 Gas112006-09-19162005
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
CondensateDisposition2,462 bbl$156,587
GasProduction1,416,443 Mcf$7,261,374
Total$7,417,961

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 31.4750, -96.2698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47505, -96.26976 · 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
13,485 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 13,485 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-161330591613,485 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 (255)

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

255 months

May 20260849106.413.05$2,586
Apr 202601,10798.932.87$3,177
Mar 202601,31089.753.15$4,126
Feb 202601,16563.503.75$4,369
Jan 202601,15659.138.00$9,246
Dec 202501,41756.664.41$6,254
Nov 202501,33258.593.93$5,230
Oct 202501,40059.383.30$4,627
Sep 202501,36862.743.08$4,209
Aug 202501,24763.933.01$3,759
Jul 202501,32866.743.32$4,403
Jun 202501,22366.483.13$3,826
May 202501,42260.553.23$4,596
Apr 202501,16962.363.54$4,142
Mar 202501,25967.704.27$5,374
Feb 202501,06770.884.34$4,632
Jan 202501,43174.324.28$6,123
Dec 202401,53168.993.12$4,779
Nov 2024014269.052.20$312
Oct 202401,23771.372.28$2,822
Sep 202401,41369.612.36$3,341
Aug 202401,53075.632.06$3,157
Jul 202401,62379.932.15$3,484
Jun 202401,14278.082.63$3,008
May 202401,64878.812.20$3,623
Apr 202401,55184.451.66$2,573
Mar 202401,43280.301.55$2,213
Feb 202401,43276.091.78$2,554
Jan 202401,51773.023.30$5,003
Dec 202301,49371.262.61$3,898
Nov 202301,60877.892.81$4,515
Oct 202301,80685.443.09$5,576
Sep 202301,41889.042.74$3,878
Aug 202301,29080.522.67$3,448
Jul 202301,37274.852.64$3,625
Jun 2023071568.962.26$1,615
May 202301,55170.622.23$3,455
Apr 202301,56778.122.24$3,507
Mar 202301,66172.852.39$3,975
Feb 2023095375.112.47$2,350
Jan 202301,68976.533.39$5,722
Dec 202201,58276.415.73$9,063
Nov 202201,89785.005.65$10,711
Oct 2022065187.185.86$3,817
Sep 202201,50884.888.16$12,311
Aug 202201,50594.529.13$13,736
Jul 202201,529101.587.54$11,532
Jun 202201,621115.097.98$12,931
May 202201,867109.378.43$15,744
Apr 20220816104.226.84$5,579
Mar 202201,796108.885.08$9,117
Feb 202201,90191.054.86$9,237
Jan 202201,13181.844.54$5,132
Dec 202101,77071.323.90$6,901
Nov 202101,71477.435.24$8,976
Oct 202101,73879.795.71$9,931
Sep 202101,65169.865.35$8,834
Aug 202109366.024.22$393
Jul 202101,14870.783.98$4,571
Jun 202102,75369.493.38$9,307
May 202102,78763.483.02$8,410
Apr 202102,57960.362.76$7,114
Mar 202102,73261.302.72$7,423
Feb 202101,68257.805.55$9,332
Jan 202103,04450.412.81$8,554
Dec 202002,83844.642.68$7,593
Nov 202003,04538.772.71$8,242
Oct 202002,70136.972.48$6,694
Sep 202002,47037.091.99$4,918
Aug 202002,71639.982.39$6,478
Jul 202002,73838.371.83$4,997
Jun 202002,54634.901.69$4,304
May 202002,37116.921.81$4,303
Apr 202002,71914.751.80$4,906
Mar 202002,82830.341.86$5,249
Feb 202002,62349.881.98$5,195
Jan 202002,72557.252.09$5,708
Dec 201902,90159.012.30$6,685
Nov 201902,88255.302.75$7,928
Oct 201903,23253.472.42$7,817
Sep 201903,00755.052.66$7,990
Aug 201903,23753.112.30$7,459
Jul 201903,19856.272.46$7,867
Jun 201902,94852.782.49$7,344
May 201903,22058.482.74$8,824
Apr 201903,20762.632.75$8,821
Mar 201903,19256.803.06$9,774
Feb 201902,92050.852.79$8,153
Jan 201902,77446.033.23$8,955
Dec 201802,50846.594.19$10,497
Nov 201802,49052.934.24$10,551
Oct 201802,98961.443.40$10,157
Sep 201803,18359.543.11$9,893
Aug 201803,38159.403.07$10,368
Jul 201802,91265.142.93$8,538
Jun 201803,53560.183.08$10,877
May 201803,10765.382.90$9,013
Apr 201803,05963.842.90$8,874
Mar 201803,08261.222.79$8,589
Feb 201802,80761.782.77$7,765
Jan 201802,82562.874.01$11,326
Dec 201702,89757.272.92$8,464
Nov 201703,16555.423.12$9,870
Oct 201703,00949.292.98$8,978
Sep 201703,48747.523.09$10,765
Aug 201703,76845.373.00$11,321
Jul 201703,08443.873.09$9,521
Jun 201703,30542.493.09$10,203
May 201703,73945.373.26$12,202
Apr 201703,27547.933.21$10,518
Mar 201703,54346.772.98$10,571
Feb 201703,04150.452.95$8,979
Jan 201703,62849.413.42$12,403
Dec 201603,79348.763.72$14,121
Nov 201602,92242.492.64$7,727
Oct 201603,57146.193.09$11,035
Sep 201603,01841.553.10$9,358
Aug 201603,52241.442.92$10,300
Jul 201603,42541.622.92$10,016
Jun 201601,88045.352.69$5,049
May 201603,68942.521.99$7,345
Apr 201603,29136.561.99$6,553
Mar 201603,21333.011.79$5,764
Feb 201602,57726.472.06$5,318
Jan 201603,94327.352.36$9,323
Dec 201504,03032.362.00$8,066
Nov 201503,84138.792.17$8,325
Oct 201503,16843.552.43$7,687
Sep 2015173,76042.992.76$11,102
Aug 201503,59740.162.87$10,332
Jul 201504,22948.152.95$12,455
Jun 201503,03256.152.88$8,741
May 201503,99155.212.96$11,795
Apr 201503,33449.822.71$9,024
Mar 201504,35842.892.93$12,789
Feb 201503,95344.662.98$11,765
Jan 201503,77243.433.10$11,696
Dec 201404,14954.693.59$14,901
Nov 201404,34170.464.25$18,457
Oct 201404,45378.303.90$17,371
Sep 201404,32586.164.05$17,497
Aug 201404,58989.394.04$18,517
Jul 201404,70796.564.18$19,673
Jun 201404,06798.164.74$19,265
May 201403,80794.734.73$17,994
Apr 201404,38695.944.81$21,093
Mar 201404,60995.895.06$23,307
Feb 201403,90297.406.19$24,161
Jan 201403,31290.404.86$16,099
Dec 201302,81291.824.35$12,245
Nov 201304,64288.853.74$17,353
Oct 201304,86597.423.78$18,387
Sep 201305,111104.113.72$19,001
Aug 201305,011104.253.52$17,652
Jul 201304,876102.523.72$18,128
Jun 201303,85994.403.93$15,179
May 201304,15094.834.15$17,219
Apr 201304,06593.964.28$17,409
Mar 201304,31793.623.91$16,892
Feb 201303,54291.233.42$12,113
Jan 201304,68091.603.42$16,005
Dec 201205,08986.773.42$17,405
Nov 201202,69086.953.62$9,751
Oct 201203,01189.383.40$10,236
Sep 201205,20594.672.92$15,190
Aug 201205,23192.662.91$15,213
Jul 201204,58385.133.02$13,844
Jun 201206,00179.822.52$15,117
May 201205,27891.612.49$13,133
Apr 201206,185101.652.00$12,350
Mar 201206,494105.052.22$14,430
Feb 201205,864101.102.57$15,072
Jan 201207,11698.092.73$19,456
Dec 201117,43796.873.24$24,191
Nov 201103,97595.723.31$13,162
Oct 201106,82284.983.65$24,890
Sep 201135,88883.623.99$23,719
Aug 201108,03983.404.15$33,356
Jul 201109,36494.144.52$42,299
Jun 201118,94192.904.64$41,578
May 20111679,01998.134.40$56,115
Apr 201108,721105.964.33$37,791
Mar 201139,15596.364.06$37,434
Feb 201127,38285.644.18$31,028
Jan 2011110,53986.504.59$48,448
Dec 2010010,23185.734.35$44,482
Nov 2010010,35480.843.80$39,297
Oct 2010012,68978.103.51$44,524
Sep 2010112,31772.633.98$49,088
Aug 2010314,05073.684.42$62,313
Jul 2010014,57172.554.74$69,015
Jun 2010116,15670.364.91$79,403
May 2010018,06471.124.24$76,505
Apr 2010321,79481.694.12$90,095
Mar 201017,41278.394.39$32,607
Feb 201008,51073.585.44$46,314
Jan 2010011,79274.365.96$70,329
Dec 2009015,41771.445.48$84,543
Nov 2009017,61474.593.75$66,079
Oct 2009024,84472.544.11$102,115
Sep 2009026,21965.543.06$80,355
Aug 2009031,00067.423.22$99,774
Jul 2009040,94761.133.46$141,861
Jun 2009237,70266.163.90$146,982
May 200903,08554.743.93$12,111
Apr 200922,55946.773.59$9,274
Mar 20091854,28842.144.06$25,201
Feb 200914,21032.814.63$19,538
Jan 200914,29535.865.37$23,104
Dec 200801,79237.105.98$10,711
Nov 200804,88755.496.86$33,527
Oct 200815,20775.246.92$36,118
Sep 200817,718101.767.88$60,897
Aug 20080566114.228.48$4,801
Jul 200834,203131.0811.39$48,263
Jun 200835,539131.3313.03$72,582
May 200815,527123.1711.57$64,094
Apr 200815,829110.3110.45$61,052
Mar 200875,407101.909.66$52,967
Feb 200895,20892.538.77$46,510
Jan 200866,05490.388.21$50,220
Dec 200766,75788.337.30$49,869
Nov 20071796,75491.677.29$65,657
Oct 200737,05682.856.92$49,090
Sep 200787,04075.846.24$44,566
Aug 200747,66869.066.39$49,259
Jul 200707,85670.906.39$50,184
Jun 200758,11062.007.55$61,528
May 20071738,78258.747.85$79,068
Apr 200705,88459.617.81$45,926
Mar 200705,81556.927.30$42,461
Feb 200717,04355.108.22$57,920
Jan 200727,63350.306.73$51,447
Dec 200617911,30756.656.92$88,367
Nov 2006611,93154.207.62$91,209
Oct 200649,82454.906.01$59,299
Sep 200618,51460.085.04$42,947
Aug 2006513,89268.717.34$102,310
Jul 20061552,47869.376.34$26,470
Jun 200623,74166.286.38$24,015
May 200606,67866.016.42$42,906
Apr 20061849,78064.397.36$83,833
Mar 2006513,32156.707.08$94,635
Feb 2006814,42157.597.75$112,240
Jan 200619516,21860.598.93$156,696
Dec 20054224,01354.9413.42$324,451
Nov 20051844,57654.6910.59$58,515
Oct 200575,15458.3413.80$71,512
Sep 20051886,88761.4512.08$94,741
Aug 200518930,58061.519.80$311,213
Jul 2005826,57455.697.84$208,882
Jun 200518224,24152.337.38$188,448
May 20051726,68545.226.65$178,255
Apr 20053531,61049.207.36$234,387
Mar 20055814,12550.377.15$103,984

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                  849 Mcf  × $  3.05 =     $2,586

────────────────────────────────────────────────────
Month total                                   $2,586

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/209828 is the state's own key, not one this site invented.