GIBSON

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262872District 05Field 30321500CondensateGasSaveExport
Value, all time
$603 k
Oct 2010 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
188
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
1963-08-25
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: PRORATION PURPOSES.

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 bbl$199
GasProduction167,520 Mcf$603,155
Total$603,354

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 31.4707, -96.2826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47072, -96.28255 · 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
13,500 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 13,500 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-29330133113,500 ftOct 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 (188)

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

188 months

May 2026050106.413.05$152
Apr 202606598.932.87$187
Mar 202607289.753.15$227
Feb 202608563.503.75$319
Jan 2026015959.138.00$1,272
Dec 202504756.664.41$207
Nov 202506158.593.93$240
Oct 2025013959.383.30$459
Sep 202503062.743.08$92
Aug 2025010363.933.01$311
Jul 2025015866.743.32$524
Jun 202505366.483.13$166
May 202509060.553.23$291
Apr 2025010062.363.54$354
Mar 2025021167.704.27$901
Feb 202501670.884.34$69
Jan 202509574.324.28$406
Dec 2024018068.993.12$562
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024012369.612.36$291
Aug 2024021475.632.06$442
Jul 202401,31179.932.15$2,814
Jun 202401,20878.082.63$3,182
May 2024043278.812.20$950
Apr 202403584.451.66$58
Mar 2024013480.301.55$207
Feb 2024024776.091.78$441
Jan 202407673.023.30$251
Dec 202307971.262.61$206
Nov 202309777.892.81$272
Oct 202307085.443.09$216
Sep 202305489.042.74$148
Aug 202306180.522.67$163
Jul 2023033574.852.64$885
Jun 2023014368.962.26$323
May 2023014770.622.23$327
Apr 2023012978.122.24$289
Mar 2023014772.852.39$352
Feb 2023014075.112.47$345
Jan 2023015176.533.39$512
Dec 2022015276.415.73$871
Nov 202204685.005.65$260
Oct 202203387.185.86$194
Sep 20220084.888.16$0
Aug 202201894.529.13$164
Jul 2022039101.587.54$294
Jun 2022026115.097.98$207
May 2022055109.378.43$464
Apr 2022051104.226.84$349
Mar 2022069108.885.08$350
Feb 202204191.054.86$199
Jan 202206881.844.54$309
Dec 202107771.323.90$300
Nov 2021010077.435.24$524
Oct 202108879.795.71$503
Sep 202108269.865.35$439
Aug 2021010966.024.22$460
Jul 202106770.783.98$267
Jun 202106769.493.38$227
May 202108363.483.02$250
Apr 202103660.362.76$99
Mar 202107161.302.72$193
Feb 202104957.805.55$272
Jan 202109750.412.81$273
Dec 2020012244.642.68$326
Nov 2020020738.772.71$560
Oct 2020017936.972.48$444
Sep 202009937.091.99$197
Aug 2020010739.982.39$255
Jul 2020012038.371.83$219
Jun 2020013134.901.69$221
May 2020021116.921.81$383
Apr 2020020514.751.80$370
Mar 2020021530.341.86$399
Feb 2020021749.881.98$430
Jan 2020023857.252.09$499
Dec 2019024359.012.30$560
Nov 2019024155.302.75$663
Oct 2019024453.472.42$590
Sep 2019021955.052.66$582
Aug 2019024953.112.30$574
Jul 2019026956.272.46$662
Jun 2019025852.782.49$643
May 2019025958.482.74$710
Apr 2019027462.632.75$754
Mar 2019027656.803.06$845
Feb 2019022850.852.79$637
Jan 2019029046.033.23$936
Dec 2018027646.594.19$1,155
Nov 2018029352.934.24$1,242
Oct 2018029061.443.40$985
Sep 2018029359.543.11$911
Aug 2018030959.403.07$948
Jul 2018030665.142.93$897
Jun 2018030760.183.08$945
May 2018031565.382.90$914
Apr 2018025563.842.90$740
Mar 2018020161.222.79$560
Feb 2018025561.782.77$705
Jan 2018034662.874.01$1,387
Dec 2017034457.272.92$1,005
Nov 2017020955.423.12$652
Oct 2017038849.292.98$1,158
Sep 2017025147.523.09$775
Aug 2017024445.373.00$733
Jul 2017028243.873.09$871
Jun 2017024642.493.09$759
May 2017030345.373.26$989
Apr 2017032047.933.21$1,028
Mar 2017031546.772.98$940
Feb 2017027950.452.95$824
Jan 2017029049.413.42$991
Dec 2016026548.763.72$987
Nov 2016024942.492.64$658
Oct 2016025346.193.09$782
Sep 2016025241.553.10$781
Aug 2016019141.442.92$559
Jul 2016025241.622.92$737
Jun 2016049045.352.69$1,316
May 2016035542.521.99$707
Apr 2016012136.561.99$241
Mar 2016041133.011.79$737
Feb 2016028426.472.06$586
Jan 2016016827.352.36$397
Dec 2015017632.362.00$352
Nov 2015016438.792.17$355
Oct 2015012443.552.43$301
Sep 2015012042.992.76$331
Aug 2015012540.162.87$359
Jul 2015023948.152.95$704
Jun 2015023956.152.88$689
May 2015026555.212.96$783
Apr 2015022349.822.71$604
Mar 2015023642.892.93$693
Feb 2015029944.662.98$890
Jan 2015027443.433.10$850
Dec 2014019554.693.59$700
Nov 2014029970.464.25$1,271
Oct 2014032078.303.90$1,248
Sep 2014031786.164.05$1,282
Aug 2014034089.394.04$1,372
Jul 2014034696.564.18$1,446
Jun 2014034498.164.74$1,629
May 2014037494.734.73$1,768
Apr 2014039595.944.81$1,900
Mar 2014039395.895.06$1,987
Feb 2014042497.406.19$2,625
Jan 2014041190.404.86$1,998
Dec 2013059291.824.35$2,578
Nov 2013049688.853.74$1,854
Oct 2013030597.423.78$1,153
Sep 20130589104.113.72$2,190
Aug 20130899104.253.52$3,167
Jul 20130462102.523.72$1,718
Jun 201301,25794.403.93$4,944
May 201302,25994.834.15$9,373
Apr 201301,76393.964.28$7,550
Mar 201301,60093.623.91$6,261
Feb 201301,32491.233.42$4,528
Jan 201301,71191.603.42$5,851
Dec 201201,47986.773.42$5,058
Nov 201202,06486.953.62$7,482
Oct 201202,61689.383.40$8,894
Sep 201202,67694.672.92$7,810
Aug 201203,12892.662.91$9,097
Jul 201202,66285.133.02$8,041
Jun 201202,38979.822.52$6,018
May 201204,52691.612.49$11,262
Apr 201204,322101.652.00$8,630
Mar 201204,136105.052.22$9,191
Feb 201203,530101.102.57$9,073
Jan 201203,69598.092.73$10,102
Dec 201103,52496.873.24$11,417
Nov 201103,66495.723.31$12,133
Oct 201103,88084.983.65$14,156
Sep 201103,77183.623.99$15,030
Aug 201103,51983.404.15$14,601
Jul 201104,66794.144.52$21,082
Jun 201114,13792.904.64$19,288
May 201104,99498.134.40$21,998
Apr 201116,303105.964.33$27,419
Mar 201105,38596.364.06$21,849
Feb 201105,30285.644.18$22,162
Jan 201104,67786.504.59$21,462
Dec 2010016,77285.734.35$72,920
Nov 2010014,19980.843.80$53,890
Oct 201001,72478.103.51$6,049

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                   50 Mcf  × $  3.05 =       $152

────────────────────────────────────────────────────
Month total                                     $152

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/262872 is the state's own key, not one this site invented.