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 215522District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Aug 2005 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
250
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 Gas112007-02-28165287
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
CondensateDisposition626 bbl$44,919
GasProduction1,412,594 Mcf$7,923,789
Total$7,968,709

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 31.4710, -96.2782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47098, -96.27820 · 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
13,627 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 13,627 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-293316551713,627 ftJan 2008

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 (250)

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

250 months

May 202603,222106.413.05$9,814
Apr 202602,43098.932.87$6,973
Mar 202603,22189.753.15$10,144
Feb 202602,44663.503.75$9,173
Jan 202601,95359.138.00$15,620
Dec 202502,67656.664.41$11,810
Nov 202502,65258.593.93$10,413
Oct 202503,10559.383.30$10,262
Sep 202502,56262.743.08$7,883
Aug 202502,67863.933.01$8,074
Jul 202502,60966.743.32$8,649
Jun 202502,73866.483.13$8,566
May 202502,52860.553.23$8,171
Apr 202502,93662.363.54$10,403
Mar 202502,20667.704.27$9,416
Feb 202502,17970.884.34$9,459
Jan 202502,10174.324.28$8,990
Dec 202402,40368.993.12$7,501
Nov 202402,30569.052.20$5,067
Oct 202403,36971.372.28$7,686
Sep 202404,39769.612.36$10,396
Aug 20240075.632.06$0
Jul 202405,09979.932.15$10,945
Jun 2024015478.082.63$406
May 2024016178.812.20$354
Apr 2024036484.451.66$604
Mar 202402,77380.301.55$4,285
Feb 2024036576.091.78$651
Jan 202402,19073.023.30$7,222
Dec 202302,51371.262.61$6,561
Nov 202302,09477.892.81$5,879
Oct 202303,64485.443.09$11,250
Sep 2023040289.042.74$1,099
Aug 2023074480.522.67$1,989
Jul 2023040474.852.64$1,067
Jun 2023017068.962.26$384
May 2023015870.622.23$352
Apr 2023021678.122.24$483
Mar 2023023272.852.39$555
Feb 2023026275.112.47$646
Jan 2023042776.533.39$1,447
Dec 202202,57076.415.73$14,724
Nov 202203,77385.005.65$21,303
Oct 202203,73187.185.86$21,878
Sep 202204,04284.888.16$32,998
Aug 202204,97394.529.13$45,389
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202201,87481.844.54$8,504
Dec 202104,26571.323.90$16,630
Nov 202103,17777.435.24$16,637
Oct 202103,92579.795.71$22,427
Sep 202103,52069.865.35$18,835
Aug 202101,82166.024.22$7,686
Jul 202104,05470.783.98$16,143
Jun 202104,02669.493.38$13,610
May 202103,80663.483.02$11,485
Apr 202105,03860.362.76$13,897
Mar 202102,22461.302.72$6,042
Feb 202102457.805.55$133
Jan 202101,28650.412.81$3,614
Dec 202004,05344.642.68$10,844
Nov 202003,99738.772.71$10,818
Oct 202004,05136.972.48$10,040
Sep 202004,18737.091.99$8,336
Aug 202004,41439.982.39$10,528
Jul 202004,13338.371.83$7,543
Jun 202004,33834.901.69$7,333
May 202004,44916.921.81$8,074
Apr 202004,50714.751.80$8,132
Mar 202004,74030.341.86$8,799
Feb 202004,45449.881.98$8,822
Jan 202004,89157.252.09$10,245
Dec 201905,12959.012.30$11,819
Nov 201905,24955.302.75$14,438
Oct 201905,68753.472.42$13,754
Sep 201905,74055.052.66$15,253
Aug 201906,31553.112.30$14,552
Jul 201904,42056.272.46$10,873
Jun 2019046752.782.49$1,163
May 201902,06558.482.74$5,659
Apr 201902,13462.632.75$5,870
Mar 201902,22056.803.06$6,798
Feb 201902,01250.852.79$5,618
Jan 201902,07846.033.23$6,708
Dec 201802,24346.594.19$9,388
Nov 201802,26952.934.24$9,614
Oct 201802,25761.443.40$7,669
Sep 201801,66059.543.11$5,159
Aug 201802,42059.403.07$7,421
Jul 201802,43165.142.93$7,127
Jun 201802,22260.183.08$6,837
May 201802,34665.382.90$6,805
Apr 201802,40563.842.90$6,976
Mar 201802,84761.222.79$7,934
Feb 201802,94461.782.77$8,143
Jan 201804,18262.874.01$16,767
Dec 201704,78557.272.92$13,979
Nov 201704,59655.423.12$14,332
Oct 201704,62549.292.98$13,800
Sep 201705,01047.523.09$15,467
Aug 201705,03845.373.00$15,136
Jul 201705,30143.873.09$16,366
Jun 201705,27642.493.09$16,288
May 201705,41045.373.26$17,655
Apr 201705,37947.933.21$17,275
Mar 201705,79046.772.98$17,276
Feb 201704,63850.452.95$13,694
Jan 201704,88149.413.42$16,687
Dec 201604,53948.763.72$16,898
Nov 201604,78142.492.64$12,643
Oct 201603,90746.193.09$12,074
Sep 201603,06541.553.10$9,503
Aug 201605,60441.442.92$16,388
Jul 201605,88641.622.92$17,213
Jun 201605,68745.352.69$15,274
May 201605,69242.521.99$11,333
Apr 201605,53536.561.99$11,020
Mar 201605,88433.011.79$10,556
Feb 201605,39026.472.06$11,123
Jan 201606,67227.352.36$15,775
Dec 201505,46432.362.00$10,936
Nov 201505,06238.792.17$10,971
Oct 201505,37143.552.43$13,033
Sep 2015205,76842.992.76$16,770
Aug 201506,14440.162.87$17,649
Jul 201506,23048.152.95$18,348
Jun 201501,88656.152.88$5,437
May 201502,73455.212.96$8,080
Apr 201503,16749.822.71$8,572
Mar 201502,79142.892.93$8,191
Feb 201502,68144.662.98$7,979
Jan 201502,98643.433.10$9,258
Dec 201402,91254.693.59$10,458
Nov 201402,96970.464.25$12,624
Oct 201403,70278.303.90$14,441
Sep 201402,78786.164.05$11,275
Aug 201403,71289.394.04$14,978
Jul 201403,50796.564.18$14,658
Jun 201404,35498.164.74$20,624
May 201404,61294.734.73$21,799
Apr 201403,35695.944.81$16,139
Mar 201404,14095.895.06$20,935
Feb 201404,12997.406.19$25,567
Jan 201404,76890.404.86$23,176
Dec 201304,11991.824.35$17,936
Nov 201304,19788.853.74$15,690
Oct 201304,62697.423.78$17,483
Sep 201304,334104.113.72$16,113
Aug 201304,339104.253.52$15,285
Jul 201304,588102.523.72$17,057
Jun 201304,38594.403.93$17,248
May 201305,05994.834.15$20,990
Apr 201305,10293.964.28$21,850
Mar 201304,79893.623.91$18,774
Feb 201304,79591.233.42$16,398
Jan 201305,00291.603.42$17,106
Dec 201206,25686.773.42$21,397
Nov 201205,20586.953.62$18,868
Oct 201206,11489.383.40$20,786
Sep 201204,82794.672.92$14,087
Aug 201206,28592.662.91$18,278
Jul 201205,81485.133.02$17,563
Jun 201205,28179.822.52$13,303
May 201205,73391.612.49$14,266
Apr 201205,885101.652.00$11,751
Mar 201205,826105.052.22$12,946
Feb 201205,560101.102.57$14,291
Jan 201205,95298.092.73$16,273
Dec 201106,91096.873.24$22,387
Nov 201106,56395.723.31$21,732
Oct 201105,70584.983.65$20,815
Sep 201107,05283.623.99$28,108
Aug 201107,51183.404.15$31,166
Jul 201107,18494.144.52$32,452
Jun 201106,58692.904.64$30,558
May 201106,76798.134.40$29,807
Apr 201105,506105.964.33$23,859
Mar 201104,58196.364.06$18,587
Feb 201103,83485.644.18$16,026
Jan 201102,78586.504.59$12,780
Dec 201001,04785.734.35$4,552
Nov 201001,20280.843.80$4,562
Oct 201004,86478.103.51$17,067
Sep 201008,37972.633.98$33,344
Aug 201008,70473.684.42$38,466
Jul 201009,34072.554.74$44,239
Jun 201009,05870.364.91$44,478
May 201009,47171.124.24$40,112
Apr 201007,08681.694.12$29,213
Mar 201005,45178.394.39$23,923
Feb 201005,52673.585.44$30,074
Jan 201008,31474.365.96$49,585
Dec 200908,99671.445.48$49,332
Nov 200908,52074.593.75$31,963
Oct 2009010,36672.544.11$42,607
Sep 200909,20165.543.06$28,199
Aug 200908,42767.423.22$27,122
Jul 2009010,33561.133.46$35,806
Jun 200909,53366.163.90$37,131
May 2009012,59554.743.93$49,445
Apr 200919511,02046.773.59$48,654
Mar 2009913,23642.144.06$54,104
Feb 2009612,95932.814.63$60,236
Jan 20091013,95935.865.37$75,332
Dec 2008015,38037.105.98$91,928
Nov 2008016,98555.496.86$116,523
Oct 20082018,30175.246.92$128,184
Sep 2008618,007101.767.88$142,453
Aug 2008218,859114.228.48$160,210
Jul 2008919,381131.0811.39$221,918
Jun 20081621,173131.3313.03$278,041
May 20081218,276123.1711.57$213,010
Apr 20081427,475110.3110.45$288,792
Mar 20086436,526101.909.66$359,511
Feb 20088042,88292.538.77$383,502
Jan 2008445,55690.388.21$49,568
Dec 200722,71888.337.30$20,023
Nov 2007715,81291.677.29$115,938
Oct 200739,54782.856.92$66,333
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20071156.927.30$64
Feb 200701755.108.22$140
Jan 200704,47750.306.73$30,116
Dec 2006211,29756.656.92$78,271
Nov 200602,40554.207.62$18,320
Oct 200607,98154.906.01$47,996
Sep 2006210,53560.085.04$53,187
Aug 200608,19668.717.34$60,158
Jul 200617,81669.376.34$49,644
Jun 200628,09666.286.38$51,816
May 200608,92366.016.42$57,330
Apr 2006210,72764.397.36$79,085
Mar 2006123,44756.707.08$166,130
Feb 2006719,17257.597.75$149,008
Jan 2006613,81260.598.93$123,751
Dec 2005814,02154.9413.42$188,537
Nov 2005129,43254.6910.59$100,526
Oct 2005819,99358.3413.80$276,285
Sep 2005523,82661.4512.08$288,102
Aug 20055037,11161.519.80$366,646

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                3,222 Mcf  × $  3.05 =     $9,814

────────────────────────────────────────────────────
Month total                                   $9,814

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/215522 is the state's own key, not one this site invented.