GIBSON

Name: GIBSON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) 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 72206District 05Field 30321300Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$1.3 M

Jan 1993 – Sep 2013

Value, last 12 filed months

at the published price for each month

Months reported

249

no gaps in the span

Streams

condensate, gas

The FARRAR (COTTON VALLEY LIME) field

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.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	894 bbl	$17,820
Gas	Production	333,949 Mcf	$1,324,676
Total			$1,342,496

80,209 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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⌘ or Ctrl + scroll to zoom

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

100.0%

1 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

1100.0%

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.

00.0%

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


42-29330133	1	13,500 ft	Oct 2010	—	Yes

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 (249)

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

249 months


Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	66	73.68	4.42	$292
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	237	70.36	4.91	$1,164
May 2010	0	10	71.12	4.24	$42
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	50	73.58	5.44	$272
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	270	71.44	5.48	$1,481
Nov 2009	0	283	74.59	3.75	$1,062
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	44	67.42	3.22	$142
Jul 2009	0	107	61.13	3.46	$371
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	7	46.77	3.59	$25
Mar 2009	2	877	42.14	4.06	$3,644
Feb 2009	0	3,079	32.81	4.63	$14,265
Jan 2009	0	4,817	35.86	5.37	$25,872
Dec 2008	0	176	37.10	5.98	$1,052
Nov 2008	0	162	55.49	6.86	$1,111
Oct 2008	0	151	75.24	6.92	$1,045
Sep 2008	0	147	101.76	7.88	$1,158
Aug 2008	0	128	114.22	8.48	$1,086
Jul 2008	0	131	131.08	11.39	$1,492
Jun 2008	0	965	131.33	13.03	$12,576
May 2008	0	230	123.17	11.57	$2,662
Apr 2008	1	1,362	110.31	10.45	$14,350
Mar 2008	1	2,567	101.90	9.66	$24,910
Feb 2008	0	4,291	92.53	8.77	$37,635
Jan 2008	2	2,237	90.38	8.21	$18,537
Dec 2007	0	1,499	88.33	7.30	$10,946
Nov 2007	1	1,571	91.67	7.29	$11,547
Oct 2007	2	1,660	82.85	6.92	$11,656
Sep 2007	0	2,260	75.84	6.24	$14,112
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	1,000	70.90	6.39	$6,388
Jun 2007	0	3,436	62.00	7.55	$25,936
May 2007	0	2,988	58.74	7.85	$23,445
Apr 2007	0	628	59.61	7.81	$4,902
Mar 2007	0	893	56.92	7.30	$6,521
Feb 2007	0	1,394	55.10	8.22	$11,453
Jan 2007	0	934	50.30	6.73	$6,283
Dec 2006	0	1,926	56.65	6.92	$13,325
Nov 2006	0	464	54.20	7.62	$3,535
Oct 2006	0	1,884	54.90	6.01	$11,330
Sep 2006	0	3,183	60.08	5.04	$16,033
Aug 2006	0	4,174	68.71	7.34	$30,637
Jul 2006	0	4,327	69.37	6.34	$27,445
Jun 2006	0	5,377	66.28	6.38	$34,326
May 2006	2	6,340	66.01	6.42	$40,867
Apr 2006	0	3,068	64.39	7.36	$22,582
Mar 2006	0	235	56.70	7.08	$1,664
Feb 2006	0	222	57.59	7.75	$1,721
Jan 2006	0	243	60.59	8.93	$2,171
Dec 2005	1	267	54.94	13.42	$3,637
Nov 2005	0	214	54.69	10.59	$2,266
Oct 2005	0	276	58.34	13.80	$3,808
Sep 2005	0	254	61.45	12.08	$3,068
Aug 2005	0	207	61.51	9.80	$2,028
Jul 2005	0	899	55.69	7.84	$7,051
Jun 2005	0	978	52.33	7.38	$7,219
May 2005	0	1,534	45.22	6.65	$10,203
Apr 2005	0	1,917	49.20	7.36	$14,110
Mar 2005	0	3,854	50.37	7.15	$27,575
Feb 2005	0	3,319	45.22	6.31	$20,949
Jan 2005	0	3,960	43.16	6.32	$25,036
Dec 2004	1	3,221	39.86	6.75	$21,785
Nov 2004	0	3,426	45.28	6.33	$21,688
Oct 2004	0	3,016	49.70	6.52	$19,650
Sep 2004	0	2,921	43.24	5.28	$15,434
Aug 2004	0	3,075	42.37	5.55	$17,068
Jul 2004	0	3,472	38.28	6.08	$21,124
Jun 2004	0	4,261	36.10	6.43	$27,411
May 2004	0	5,320	37.48	6.49	$34,551
Apr 2004	1	5,665	34.47	5.86	$33,223
Mar 2004	94	6,067	34.36	5.53	$36,781
Feb 2004	1	6,639	32.45	5.51	$36,611
Jan 2004	2	8,032	32.03	6.30	$50,663
Dec 2003	3	10,639	30.26	6.30	$67,134
Nov 2003	0	6,110	28.80	4.60	$28,076
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	103	23.73	3.34	$344
May 2002	0	165	24.66	3.58	$591
Apr 2002	0	145	23.65	3.51	$509
Mar 2002	0	410	22.00	3.10	$1,272
Feb 2002	1	1	18.22	2.38	$21
Jan 2002	0	139	17.17	2.38	$330
Dec 2001	0	324	16.93	2.36	$766
Nov 2001	0	387	18.07	2.41	$931
Oct 2001	0	324	19.78	2.53	$819
Sep 2001	0	288	24.26	2.25	$648
Aug 2001	1	404	24.87	3.05	$1,258
Jul 2001	0	220	23.93	3.20	$703
Jun 2001	0	109	24.56	3.82	$417
May 2001	0	202	25.52	4.31	$870
Apr 2001	0	282	24.68	5.34	$1,505
Mar 2001	0	139	24.54	5.38	$747
Feb 2001	0	154	27.75	5.77	$888
Jan 2001	0	426	27.47	8.40	$3,578
Dec 2000	7	1,973	26.88	9.12	$18,187
Nov 2000	2	1,075	32.21	5.66	$6,147
Oct 2000	1	280	31.23	5.15	$1,472
Sep 2000	2	1,558	31.87	5.19	$8,144
Aug 2000	8	2,642	29.64	4.54	$12,234
Jul 2000	6	2,538	28.53	4.09	$10,551
Jun 2000	6	1,552	29.30	4.40	$7,000
May 2000	10	2,836	27.26	3.68	$10,708
Apr 2000	5	1,711	24.51	3.12	$5,454
Mar 2000	0	608	28.42	2.86	$1,739
Feb 2000	70	545	27.62	2.73	$3,419
Jan 2000	0	282	25.27	2.48	$700
Dec 1999	0	2,117	24.28	2.42	$5,131
Nov 1999	0	618	23.19	2.43	$1,504
Oct 1999	0	2,524	20.98	2.80	$7,077
Sep 1999	0	2,402	21.75	2.62	$6,290
Aug 1999	0	1,752	19.26	2.88	$5,038
Jul 1999	0	1,627	17.89	2.37	$3,860
Jun 1999	0	2,574	15.94	2.36	$6,080
May 1999	0	920	15.79	2.32	$2,135
Apr 1999	0	1,502	15.10	2.21	$3,316
Mar 1999	0	623	12.47	1.84	$1,145
Feb 1999	0	565	9.98	1.82	$1,027
Jan 1999	0	1,011	10.38	1.90	$1,921
Dec 1998	134	2,120	9.20	1.77	$4,992
Nov 1998	0	1,583	10.89	2.19	$3,460
Oct 1998	0	1,792	12.42	1.97	$3,529
Sep 1998	0	1,798	12.59	2.08	$3,745
Aug 1998	0	1,598	11.30	1.91	$3,048
Jul 1998	0	2,172	11.74	2.24	$4,859
Jun 1998	0	2,286	11.24	2.24	$5,114
May 1998	0	2,353	12.62	2.21	$5,192
Apr 1998	1	3,084	13.04	2.51	$7,739
Mar 1998	0	2,671	12.80	2.31	$6,169
Feb 1998	0	1,065	13.95	2.30	$2,449
Jan 1998	1	1,622	14.70	2.15	$3,510
Dec 1997	0	1,629	16.32	2.41	$3,928
Nov 1997	0	2,459	18.19	3.09	$7,594
Oct 1997	1	3,257	19.25	3.15	$10,278
Sep 1997	0	2,962	17.74	2.95	$8,752
Aug 1997	0	3,084	17.86	2.55	$7,879
Jul 1997	121	2,328	17.58	2.25	$7,358
Jun 1997	0	2,577	17.24	2.26	$5,817
May 1997	0	2,639	18.97	2.31	$6,092
Apr 1997	0	2,811	17.88	2.08	$5,855
Mar 1997	0	3,714	18.95	1.94	$7,202
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	436	23.48	3.54	$1,543
Dec 1996	0	1,411	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	717	23.31	—	$0
Sep 1996	0	1,061	22.22	—	$0
Aug 1996	0	1,528	20.26	—	$0
Jul 1996	0	802	19.55	—	$0
Jun 1996	192	1,476	18.73	—	$3,596
May 1996	0	1,715	19.43	—	$0
Apr 1996	0	2,003	21.51	—	$0
Mar 1996	0	1,141	19.38	—	$0
Feb 1996	0	1,368	16.98	—	$0
Jan 1996	0	1,375	17.07	—	$0
Dec 1995	0	1,949	17.19	—	$0
Nov 1995	0	1,804	16.00	—	$0
Oct 1995	0	1,800	15.43	—	$0
Sep 1995	1	459	16.18	—	$16
Aug 1995	0	1,071	15.92	—	$0
Jul 1995	0	1,513	15.24	—	$0
Jun 1995	0	2,229	16.41	—	$0
May 1995	0	1,907	17.56	—	$0
Apr 1995	0	2,536	17.73	—	$0
Mar 1995	0	2,549	16.44	—	$0
Feb 1995	0	1,932	16.58	—	$0
Jan 1995	0	1,618	15.92	—	$0
Dec 1994	0	1,534	15.03	—	$0
Nov 1994	0	1,530	15.90	—	$0
Oct 1994	0	1,847	15.58	—	$0
Sep 1994	0	1,348	15.29	—	$0
Aug 1994	0	1,818	16.13	—	$0
Jul 1994	0	2,902	17.56	—	$0
Jun 1994	0	1,038	17.09	—	$0
May 1994	0	1,477	15.88	—	$0
Apr 1994	0	1,838	14.14	—	$0
Mar 1994	3	2,335	12.46	—	$37
Feb 1994	0	1,843	12.50	—	$0
Jan 1994	0	2,192	12.66	—	$0
Dec 1993	114	2,162	12.33	—	$1,406
Nov 1993	1	2,727	14.49	—	$14
Oct 1993	0	1,888	15.85	—	$0
Sep 1993	0	2,109	15.03	—	$0
Aug 1993	0	2,115	15.66	—	$0
Jul 1993	0	3,069	15.46	—	$0
Jun 1993	0	2,236	16.79	—	$0
May 1993	92	1,033	17.68	—	$1,627
Apr 1993	0	1,283	18.05	—	$0
Mar 1993	0	510	18.14	—	$0
Feb 1993	0	1,482	17.90	—	$0
Jan 1993	0	1,929	16.93	—	$0

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.

Aug 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 73.68 =         $0
Gas                   66 Mcf  × $  4.42 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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/72206 is the state's own key, not one this site invented.