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 225648District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Oct 2006 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
236
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 Gas112007-04-03172742
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
CondensateDisposition690 bbl$49,829
GasProduction2,046,220 Mcf$11,258,383
Total$11,308,212

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 31.4651, -96.2837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46509, -96.28373 · 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
13,820 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 13,820 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-293317621413,820 ftOct 2006

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 (236)

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

236 months

May 202601,306106.413.05$3,978
Apr 202601,43498.932.87$4,115
Mar 202601,42989.753.15$4,501
Feb 202601,29963.503.75$4,872
Jan 202601,43759.138.00$11,493
Dec 202501,12556.664.41$4,965
Nov 202501,07858.593.93$4,233
Oct 202501,02959.383.30$3,401
Sep 202501,01962.743.08$3,135
Aug 2025098163.933.01$2,957
Jul 2025082266.743.32$2,725
Jun 2025077866.483.13$2,434
May 2025059860.553.23$1,933
Apr 2025060362.363.54$2,137
Mar 2025038667.704.27$1,648
Feb 2025042570.884.34$1,845
Jan 2025077474.324.28$3,312
Dec 202408,88468.993.12$27,730
Nov 202405,24769.052.20$11,535
Oct 202401,56971.372.28$3,580
Sep 202401,38869.612.36$3,282
Aug 2024062775.632.06$1,294
Jul 202401,12979.932.15$2,424
Jun 202401,41678.082.63$3,730
May 202401,00278.812.20$2,203
Apr 202401,03884.451.66$1,722
Mar 2024096680.301.55$1,493
Feb 202401,09376.091.78$1,950
Jan 202401,17673.023.30$3,878
Dec 202301,19071.262.61$3,107
Nov 202301,41577.892.81$3,973
Oct 202301,17585.443.09$3,628
Sep 202301,00789.042.74$2,754
Aug 202301,41580.522.67$3,782
Jul 202301,36474.852.64$3,603
Jun 202301,25268.962.26$2,828
May 202301,43570.622.23$3,196
Apr 202301,36478.122.24$3,052
Mar 202301,48872.852.39$3,561
Feb 202301,33675.112.47$3,294
Jan 202301,45876.533.39$4,939
Dec 202201,51476.415.73$8,674
Nov 202201,39485.005.65$7,871
Oct 202201,46187.185.86$8,567
Sep 202201,21184.888.16$9,886
Aug 202201,41694.529.13$12,924
Jul 202201,968101.587.54$14,843
Jun 202202,405115.097.98$19,185
May 202202,267109.378.43$19,118
Apr 202201,907104.226.84$13,039
Mar 202202,228108.885.08$11,310
Feb 202201,80291.054.86$8,756
Jan 202201,88081.844.54$8,531
Dec 202102,38471.323.90$9,296
Nov 202102,32377.435.24$12,165
Oct 202102,15879.795.71$12,331
Sep 202102,05869.865.35$11,012
Aug 202102,03166.024.22$8,572
Jul 202101,96270.783.98$7,813
Jun 202101,77069.493.38$5,984
May 202101,92063.483.02$5,794
Apr 202101,84760.362.76$5,095
Mar 202101,99361.302.72$5,415
Feb 202101,40857.805.55$7,812
Jan 202101,54650.412.81$4,345
Dec 202001,63744.642.68$4,380
Nov 202001,53038.772.71$4,141
Oct 202001,49136.972.48$3,695
Sep 202001,50037.091.99$2,987
Aug 202001,39939.982.39$3,337
Jul 202001,38638.371.83$2,530
Jun 202001,21634.901.69$2,055
May 202001,26416.921.81$2,294
Apr 202001,36514.751.80$2,463
Mar 202002,14130.341.86$3,974
Feb 202001,91449.881.98$3,791
Jan 202001,94257.252.09$4,068
Dec 201901,86459.012.30$4,295
Nov 201901,70455.302.75$4,687
Oct 201901,44453.472.42$3,492
Sep 201901,35155.052.66$3,590
Aug 201906,18453.112.30$14,250
Jul 201907,31456.272.46$17,993
Jun 201902,87652.782.49$7,165
May 201901,95958.482.74$5,368
Apr 201901,81362.632.75$4,987
Mar 201902,87256.803.06$8,794
Feb 201906,48050.852.79$18,094
Jan 201902,99846.033.23$9,678
Dec 201802,55046.594.19$10,673
Nov 201802,52752.934.24$10,708
Oct 201802,71761.443.40$9,233
Sep 201802,48959.543.11$7,736
Aug 201802,24259.403.07$6,875
Jul 201802,33065.142.93$6,831
Jun 201803,88060.183.08$11,938
May 201808,11265.382.90$23,531
Apr 201802,87363.842.90$8,334
Mar 201803,13361.222.79$8,731
Feb 201802,61361.782.77$7,228
Jan 201802,20462.874.01$8,837
Dec 201708,33857.272.92$24,360
Nov 201706,19155.423.12$19,306
Oct 201702,36449.292.98$7,053
Sep 201706,96747.523.09$21,509
Aug 201703,29845.373.00$9,909
Jul 201702,40343.873.09$7,419
Jun 201707,72442.493.09$23,846
May 201706,50545.373.26$21,228
Apr 201702,91847.933.21$9,371
Mar 201702,99646.772.98$8,939
Feb 201706,02950.452.95$17,801
Jan 201706,07949.413.42$20,783
Dec 201606,70448.763.72$24,958
Nov 201608,23042.492.64$21,763
Oct 201603,58446.193.09$11,075
Sep 201603,29841.553.10$10,226
Aug 201603,48741.442.92$10,197
Jul 201602,96641.622.92$8,674
Jun 201603,37345.352.69$9,059
May 201603,92642.521.99$7,817
Apr 201604,31136.561.99$8,583
Mar 201603,32733.011.79$5,969
Feb 201604,19026.472.06$8,647
Jan 2016011,47027.352.36$27,119
Dec 201508,81432.362.00$17,640
Nov 2015012,96438.792.17$28,097
Oct 2015011,38243.552.43$27,619
Sep 201528,87442.992.76$24,564
Aug 201509,16240.162.87$26,318
Jul 201503,91748.152.95$11,536
Jun 201504,05456.152.88$11,687
May 201506,09355.212.96$18,008
Apr 201503,05449.822.71$8,266
Mar 201503,51642.892.93$10,318
Feb 201507,18244.662.98$21,375
Jan 201503,71543.433.10$11,519
Dec 2014010,60354.693.59$38,079
Nov 2014010,36570.464.25$44,070
Oct 201408,16478.303.90$31,847
Sep 201403,08586.164.05$12,480
Aug 201403,26789.394.04$13,183
Jul 201407,12196.564.18$29,763
Jun 201404,45598.164.74$21,103
May 201409,14194.734.73$43,205
Apr 201407,94595.944.81$38,208
Mar 201406,97495.895.06$35,266
Feb 2014010,32197.406.19$63,908
Jan 201407,05790.404.86$34,302
Dec 201304,65591.824.35$20,270
Nov 201307,59688.853.74$28,396
Oct 201308,71197.423.78$32,922
Sep 201307,571104.113.72$28,147
Aug 201309,045104.253.52$31,862
Jul 201304,233102.523.72$15,737
Jun 201309,52494.403.93$37,462
May 201306,48994.834.15$26,923
Apr 201307,09793.964.28$30,394
Mar 201308,88693.623.91$34,770
Feb 201307,19591.233.42$24,606
Jan 201307,03591.603.42$24,059
Dec 201206,79886.773.42$23,250
Nov 201206,34586.953.62$23,000
Oct 201205,88689.383.40$20,011
Sep 201205,84894.672.92$17,067
Aug 201203,37492.662.91$9,812
Jul 201204,05285.133.02$12,240
Jun 201206,37479.822.52$16,056
May 201208,08291.612.49$20,111
Apr 2012012,447101.652.00$24,854
Mar 2012012,270105.052.22$27,265
Feb 201209,768101.102.57$25,106
Jan 201205,69398.092.73$15,565
Dec 2011014,25296.873.24$46,173
Nov 2011014,38495.723.31$47,629
Oct 2011013,21084.983.65$48,197
Sep 2011011,66683.623.99$46,498
Aug 2011011,50383.404.15$47,730
Jul 2011010,09794.144.52$45,611
Jun 2011016,34992.904.64$75,857
May 2011015,11398.134.40$66,570
Apr 2011010,388105.964.33$45,014
Mar 2011113,58296.364.06$55,203
Feb 201104,44785.644.18$18,588
Jan 201106,56686.504.59$30,130
Dec 2010011,10985.734.35$48,299
Nov 2010016,47880.843.80$62,539
Oct 201009,74378.103.51$34,187
Sep 201009,43372.633.98$37,538
Aug 201009,13573.684.42$40,371
Jul 2010017,41272.554.74$82,472
Jun 2010015,23970.364.91$74,830
May 2010021,74771.124.24$92,103
Apr 2010021,02981.694.12$86,696
Mar 2010010,68178.394.39$46,875
Feb 201005,97273.585.44$32,502
Jan 2010014,30774.365.96$85,328
Dec 2009020,17971.445.48$110,657
Nov 2009024,83774.593.75$93,176
Oct 2009020,00472.544.11$82,221
Sep 200908,81665.543.06$27,019
Aug 2009014,15067.423.22$45,542
Jul 2009012,51261.133.46$43,348
Jun 200908,71466.163.90$33,941
May 200909,36854.743.93$36,776
Apr 2009159,80746.773.59$35,884
Mar 200976,99342.144.06$28,680
Feb 200905,17632.814.63$23,980
Jan 200906,30735.865.37$33,875
Dec 2008012,64637.105.98$75,587
Nov 2008217,11055.496.86$117,492
Oct 200829,01775.246.92$62,566
Sep 2008412,481101.767.88$98,721
Aug 2008219,882114.228.48$168,888
Jul 2008613,967131.0811.39$159,863
Jun 2008513,009131.3313.03$170,198
May 20081526,422123.1711.57$307,663
Apr 20081926,109110.3110.45$275,062
Mar 20081918,795101.909.66$183,572
Feb 20082321,55492.538.77$191,169
Jan 20087332,05090.388.21$269,591
Dec 20074935,16388.337.30$261,087
Nov 20073739,01491.677.29$287,870
Oct 20072642,28882.856.92$294,871
Sep 20072237,75175.846.24$237,392
Aug 20072241,57169.066.39$267,072
Jul 2007434,37670.906.39$219,875
Jun 2007529,29562.007.55$221,442
May 2007032,95458.747.85$258,566
Apr 2007143,31359.617.81$338,126
Mar 20073448,99256.927.30$359,673
Feb 20076278,85255.108.22$651,264
Jan 20076178,83950.306.73$533,406
Dec 200610083,26456.656.92$581,722
Nov 20066873,84254.207.62$566,176
Oct 200647,95854.906.01$48,077

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                1,306 Mcf  × $  3.05 =     $3,978

────────────────────────────────────────────────────
Month total                                   $3,978

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/225648 is the state's own key, not one this site invented.