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 213235District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Jun 2005 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
252
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 Gas112006-03-21164866
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
CondensateDisposition1,521 bbl$107,180
GasProduction1,383,736 Mcf$8,437,965
Total$8,545,145

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 31.4694, -96.2753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46937, -96.27533 · 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
13,655 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 13,655 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-29331636713,655 ftJun 2005

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 (252)

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

252 months

May 20260364106.413.05$1,109
Apr 2026037298.932.87$1,068
Mar 2026039589.753.15$1,244
Feb 2026024963.503.75$934
Jan 2026031159.138.00$2,487
Dec 2025023256.664.41$1,024
Nov 2025031758.593.93$1,245
Oct 2025035059.383.30$1,157
Sep 2025022662.743.08$695
Aug 2025030663.933.01$923
Jul 2025037966.743.32$1,256
Jun 2025041366.483.13$1,292
May 2025046660.553.23$1,506
Apr 2025024862.363.54$879
Mar 2025038167.704.27$1,626
Feb 202504670.884.34$200
Jan 202501,66474.324.28$7,120
Dec 202401,71068.993.12$5,338
Nov 202401,77169.052.20$3,893
Oct 202402,46071.372.28$5,612
Sep 202404,23469.612.36$10,011
Aug 20240075.632.06$0
Jul 2024014479.932.15$309
Jun 2024030878.082.63$811
May 2024025578.812.20$561
Apr 2024015084.451.66$249
Mar 2024027280.301.55$420
Feb 2024014076.091.78$250
Jan 2024012873.023.30$422
Dec 202301,28471.262.61$3,352
Nov 202302,01477.892.81$5,654
Oct 202302,03185.443.09$6,270
Sep 202301,87089.042.74$5,115
Aug 202302,09080.522.67$5,586
Jul 202302,14774.852.64$5,672
Jun 202302,32868.962.26$5,258
May 202301,77670.622.23$3,956
Apr 202301,24778.122.24$2,790
Mar 202301,19772.852.39$2,865
Feb 2023095775.112.47$2,360
Jan 2023061876.533.39$2,094
Dec 2022025576.415.73$1,461
Nov 202201,58585.005.65$8,949
Oct 2022025787.185.86$1,507
Sep 202201,50384.888.16$12,270
Aug 202202,73094.529.13$24,917
Jul 202201,593101.587.54$12,015
Jun 20220114115.097.98$909
May 20220258109.378.43$2,176
Apr 20220113104.226.84$773
Mar 20220497108.885.08$2,523
Feb 2022073691.054.86$3,576
Jan 2022045181.844.54$2,046
Dec 202101,55771.323.90$6,071
Nov 2021047677.435.24$2,493
Oct 202101,74579.795.71$9,971
Sep 202101,70069.865.35$9,097
Aug 202101,94866.024.22$8,222
Jul 202102,60070.783.98$10,353
Jun 202104,23269.493.38$14,307
May 202105,08763.483.02$15,351
Apr 202105,08160.362.76$14,016
Mar 202104,03661.302.72$10,966
Feb 202103,33957.805.55$18,525
Jan 202102,35550.412.81$6,618
Dec 202003,21044.642.68$8,588
Nov 202001,25438.772.71$3,394
Oct 202001,77536.972.48$4,399
Sep 202001,63637.091.99$3,257
Aug 202002,03739.982.39$4,858
Jul 202002,08738.371.83$3,809
Jun 202002,18734.901.69$3,697
May 202002,57916.921.81$4,680
Apr 202001,66314.751.80$3,001
Mar 202001,74530.341.86$3,239
Feb 202002,34849.881.98$4,651
Jan 202002,54557.252.09$5,331
Dec 201902,30959.012.30$5,321
Nov 201902,88855.302.75$7,944
Oct 201903,44153.472.42$8,322
Sep 201902,41955.052.66$6,428
Aug 201903,97353.112.30$9,155
Jul 201904,19256.272.46$10,313
Jun 201902,65552.782.49$6,614
May 201903,49958.482.74$9,588
Apr 201902,12662.632.75$5,848
Mar 201902,85456.803.06$8,739
Feb 201902,56250.852.79$7,154
Jan 201902,71846.033.23$8,774
Dec 201802,65646.594.19$11,117
Nov 201802,71452.934.24$11,500
Oct 201803,40461.443.40$11,567
Sep 201802,53959.543.11$7,891
Aug 201803,21259.403.07$9,850
Jul 201802,34965.142.93$6,887
Jun 201802,86060.183.08$8,800
May 201803,05565.382.90$8,862
Apr 201803,07263.842.90$8,911
Mar 201802,98861.222.79$8,327
Feb 201802,71561.782.77$7,510
Jan 201803,25262.874.01$13,038
Dec 201703,36057.272.92$9,816
Nov 201703,46555.423.12$10,805
Oct 201703,59549.292.98$10,726
Sep 201703,39247.523.09$10,472
Aug 201703,65045.373.00$10,966
Jul 201703,98043.873.09$12,287
Jun 201703,71242.493.09$11,460
May 201703,48545.373.26$11,373
Apr 201703,48047.933.21$11,176
Mar 20171793,65546.772.98$19,277
Feb 201703,84550.452.95$11,353
Jan 201702,91049.413.42$9,949
Dec 201603,40648.763.72$12,680
Nov 201604,53442.492.64$11,989
Oct 201604,56046.193.09$14,092
Sep 201604,65941.553.10$14,446
Aug 201603,89441.442.92$11,387
Jul 201604,44641.622.92$13,002
Jun 201604,33945.352.69$11,654
May 201604,37342.521.99$8,707
Apr 201604,35936.561.99$8,679
Mar 201603,58533.011.79$6,432
Feb 201604,05726.472.06$8,372
Jan 201604,27927.352.36$10,117
Dec 201504,28632.362.00$8,578
Nov 201503,59938.792.17$7,800
Oct 201504,27843.552.43$10,381
Sep 2015144,41842.992.76$12,789
Aug 201504,78040.162.87$13,731
Jul 201504,99748.152.95$14,717
Jun 201504,61856.152.88$13,313
May 201505,14855.212.96$15,215
Apr 201504,38049.822.71$11,855
Mar 201504,94042.892.93$14,497
Feb 201503,39444.662.98$10,101
Jan 201504,90543.433.10$15,209
Dec 201406,29954.693.59$22,622
Nov 201404,36170.464.25$18,542
Oct 201404,27478.303.90$16,673
Sep 201402,95386.164.05$11,946
Aug 201404,56789.394.04$18,428
Jul 201404,22696.564.18$17,663
Jun 201402598.164.74$118
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201402595.895.06$126
Feb 20140097.406.19$0
Jan 201402890.404.86$136
Dec 201303191.824.35$135
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013010104.113.72$37
Aug 201300104.253.52$0
Jul 201302102.523.72$7
Jun 201307694.403.93$299
May 2013018994.834.15$784
Apr 2013042093.964.28$1,799
Mar 2013047093.623.91$1,839
Feb 201301,70591.233.42$5,831
Jan 201301,48191.603.42$5,065
Dec 201203,05186.773.42$10,435
Nov 201204,29086.953.62$15,551
Oct 201203,65089.383.40$12,409
Sep 201205,70694.672.92$16,652
Aug 201207,08492.662.91$20,601
Jul 201207,10585.133.02$21,463
Jun 201207,22879.822.52$18,208
May 201206,47691.612.49$16,114
Apr 201205,898101.652.00$11,777
Mar 201204,881105.052.22$10,846
Feb 201206,360101.102.57$16,347
Jan 201207,00498.092.73$19,150
Dec 201107,90796.873.24$25,617
Nov 201109,42295.723.31$31,199
Oct 2011010,61384.983.65$38,722
Sep 201109,28083.623.99$36,988
Aug 201107,23583.404.15$30,020
Jul 201105,43294.144.52$24,538
Jun 201105,07792.904.64$23,557
May 201106,90398.134.40$30,406
Apr 201106,726105.964.33$29,146
Mar 201118,45696.364.06$34,405
Feb 20111845,59585.644.18$39,145
Jan 201108,45486.504.59$38,794
Dec 201006,90985.734.35$30,039
Nov 201008,51280.843.80$32,306
Oct 201009,60178.103.51$33,689
Sep 201008,10672.633.98$32,258
Aug 201008,79973.684.42$38,886
Jul 201008,26172.554.74$39,128
Jun 201008,19770.364.91$40,251
May 201008,87071.124.24$37,566
Apr 201009,72181.694.12$40,077
Mar 201007,85078.394.39$34,451
Feb 201007,24373.585.44$39,419
Jan 201005,46574.365.96$32,594
Dec 200909,06271.445.48$49,694
Nov 2009011,63374.593.75$43,641
Oct 2009012,18772.544.11$50,092
Sep 2009013,71965.543.06$42,045
Aug 200908,75167.423.22$28,165
Jul 2009048861.133.46$1,691
Jun 200914,67366.163.90$18,268
May 200901,19054.743.93$4,672
Apr 200931,76546.773.59$6,472
Mar 20091854,69942.144.06$26,869
Feb 2009710,52432.814.63$48,987
Jan 200998,31535.865.37$44,983
Dec 2008011,64437.105.98$69,598
Nov 200807,76655.496.86$53,278
Oct 20081111,92275.246.92$83,351
Sep 2008511,115101.767.88$88,063
Aug 2008112,688114.228.48$107,747
Jul 2008511,924131.0811.39$136,463
Jun 20081212,063131.3313.03$158,789
May 20081412,958123.1711.57$151,704
Apr 200819313,932110.3110.45$166,947
Mar 20082114,152101.909.66$138,906
Feb 20082914,40692.538.77$129,032
Jan 20083516,24490.388.21$136,457
Dec 20072317,79088.337.30$131,934
Nov 20071918,28491.677.29$135,063
Oct 20071219,29682.856.92$134,561
Sep 20071121,58175.846.24$135,589
Aug 20071325,96569.066.39$166,761
Jul 20071118,73170.906.39$120,432
Jun 2007162962.007.55$4,810
May 2007086658.747.85$6,795
Apr 2007084159.617.81$6,564
Mar 200701,38556.927.30$10,113
Feb 200701,92855.108.22$15,840
Jan 200727,35150.306.73$49,550
Dec 200626,84256.656.92$47,449
Nov 2006310,93854.207.62$83,483
Oct 20061318,31854.906.01$110,874
Sep 20065927,12160.085.04$140,159
Aug 200647,15868.717.34$52,814
Jul 200642,10769.376.34$13,642
Jun 200648,15866.286.38$52,345
May 2006913,00666.016.42$84,158
Apr 200620017,35964.397.36$140,649
Mar 2006821,74556.707.08$154,472
Feb 20063322,96557.597.75$179,905
Jan 20062129,67560.598.93$266,369
Dec 20051917,52154.9413.42$236,095
Nov 20053029,04254.6910.59$309,149
Oct 20051436,09058.3413.80$498,706
Sep 20051949,94761.4512.08$604,477
Aug 20054062,71361.519.80$616,850
Jul 20053116,80855.697.84$133,562
Jun 2005786852.337.38$6,773

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                  364 Mcf  × $  3.05 =     $1,109

────────────────────────────────────────────────────
Month total                                   $1,109

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/213235 is the state's own key, not one this site invented.