GIBSON

Operated by BLUFF CREEK HOLDINGS, LLC (P-5 103385) in the CORSICANA (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 274District 05Field 20823500OilCasinghead gasSaveExport
Value, all time
$408 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 594 leases and 5,880 wells, and the rule below applies to all of them.

Discovered
1896-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2007-03-29.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/88.

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
OilDisposition13,851 bbl$408,227
Casinghead gasProduction22 Mcf$0
Total$408,227

22 Mcf of this lease's gas, across 22 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 (76)

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 32.0530, -96.4136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles. 1 well has no surveyed location and is left out of it.

32.05344, -96.41299 · centre of 75 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
42.1%
32 of 76 wells
With a plug date
38.2%
29 of 76 wells
Median depth
880 ft
65 wells filed one
Completion to plug
35.4 years
median over 17 wells

What the state filed about each well

On the RRC proration schedule
3242.1%
A plug date is filed
2938.2%
BothOn the schedule and plugged. Neither fact cancels the other.
2938.2%
NeitherNo plug date, and not on the schedule.
4457.9%

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

Total depth in feet, 65 of 76 wells. Median 880 ft, with the middle half between 840 and 920 ft; the shallowest is 681 ft and the deepest 1,795 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 53 of 76 wells, Oct 1971 – Sep 1994. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1971 – Sep 1994
53 of 76 wells; 23 filed none
Plug dates filed
May 1979 – Jul 2020
29 of 76 wells; 47 filed none

Last completion to plug: a median of 35.4 years across the 17 wells that filed both dates, with the middle half between 12.9 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

76 wells

42-349807961845 ftNov 1982Yes
42-349807971I869 ftJul 1980Yes
42-349807983810 ftMay 1981Yes
42-3498080611681 ftOct 1985Yes
42-3498080813835 ftJun 1986Yes
42-3498081116810 ftMay 1981Yes
42-3498081217778 ftMay 1979Yes
42-3498081621Aug 2019Yes
42-34980817221,084 ftAug 2019Yes
42-3498081823812 ftOct 1985Yes
42-34980819241,084 ftAug 2019Yes
42-34980820A 21,084 ftAug 2019Yes
42-3493171430860 ft
42-349808004
42-349808015
42-349808026
42-349808037
42-349808048
42-3498080914
42-3498081015
42-3498081318
42-3498081419
42-3498081520
42-3493325429 I920 ftSep 1994
42-3493325739 I906 ftSep 1994
42-3493168022 I930 ftSep 1994
42-3493200427 I880 ftSep 1994
42-3493192218 I920 ftJul 1994Yes
42-3493192319 I920 ftJul 1994Sep 1994Yes
42-3493326220 I900 ftJul 1994
42-3493178338883 ftJun 1994
42-3493325028 I920 ftAug 1993
42-3493393642I958 ftJun 1989Jul 2020Yes
42-3493392648883 ftJun 1988
42-3493167921 I925 ftApr 1988Yes
42-3493398853820 ftFeb 1986
42-3493400552840 ftFeb 1986
42-3493399051820 ftFeb 1986
42-3493398950860 ftFeb 1986
42-3493377523 I883 ftSep 1983Aug 2019Yes
42-3493193315 I880 ftSep 1983Aug 2018Yes
42-3493377624 I880 ftJun 1983
42-3493326044910 ftMay 1983
42-3493166910 I840 ftMar 1983Aug 2019Yes
42-3493393411 I800 ftMar 1983Aug 2018Yes
42-3493177734900 ftMar 1983
42-3493200130 I900 ftFeb 1983Aug 2018Yes
42-3493391140896 ftJan 1983
42-3493292945860 ftNov 1982Jul 2020Yes
42-3493326149900 ftOct 1982Aug 2019Yes
42-3493325940 I900 ftOct 1982Sep 1995Yes
42-3493325642900 ftAug 1982
42-3493391041900 ftAug 1982
42-3493171332920 ftJul 1982
42-3493171531933 ftJul 1982
42-3493177629900 ftJul 1982
42-3493177528900 ftJun 1982Aug 2019Yes
42-3493325843920 ftJun 1982
42-3493171235940 ftMar 1982
42-3493393539871 ftMar 1982
42-3493177836880 ftFeb 1982
42-3493177433920 ftFeb 1982
42-3493326326 I940 ftNov 1981
42-3493178037862 ftJul 1981
42-3493192017 I880 ftJul 1981Aug 1993Yes
42-349339464 I812 ftJul 1981
42-3493193416 I880 ftJul 1981Aug 2018Yes
42-349316687 I800 ftApr 1981
42-349316289840 ftMar 1981Aug 2019Yes
42-3493167012800 ftMar 1981Jun 1986Yes
42-349316278 I840 ftFeb 1981
42-3493072027799 ftApr 1978
42-3493072226800 ftMar 1978
42-349308731 I830 ftDec 1977Yes
42-3493012721,795 ftDec 1971Nov 1982Yes
42-3493393814 I810 ftOct 1971Aug 1993Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202217094.529.13$1,607
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202290104.226.84$938
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202110071.323.90$713
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202112069.493.38$834
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202114061.302.72$858
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202012038.772.71$465
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202010039.982.39$400
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202012016.921.81$203
Apr 20200014.751.80$0
Mar 202011030.341.86$334
Feb 202011049.881.98$549
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201910055.302.75$553
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201912053.112.30$637
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201911056.803.06$625
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201812046.594.19$559
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201810059.543.11$595
Aug 20180059.403.07$0
Jul 201810065.142.93$651
Jun 20180060.183.08$0
May 201812065.382.90$785
Apr 20180063.842.90$0
Mar 201812061.222.79$735
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201712057.272.92$687
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201712047.523.09$570
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201711042.493.09$467
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201713046.772.98$608
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201612048.763.72$585
Nov 20160042.492.64$0
Oct 201611046.193.09$508
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201616045.352.69$726
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201623033.011.79$759
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201515032.362.00$485
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201527042.992.76$1,161
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201523056.152.88$1,291
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201524042.892.93$1,029
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201422054.693.59$1,203
Nov 20140070.464.25$0
Oct 201426078.303.90$2,036
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201423096.564.18$2,221
Jun 20140098.164.74$0
May 201419094.734.73$1,800
Apr 20140095.944.81$0
Mar 201428095.895.06$2,685
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201325091.824.35$2,296
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013270104.113.72$2,811
Aug 201300104.253.52$0
Jul 2013260102.523.72$2,666
Jun 20130094.403.93$0
May 201330094.834.15$2,845
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201223086.773.42$1,996
Nov 20120086.953.62$0
Oct 201220089.383.40$1,788
Sep 201228094.672.92$2,651
Aug 201220092.662.91$1,853
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201227091.612.49$2,473
Apr 2012230101.652.00$2,338
Mar 201200105.052.22$0
Feb 2012240101.102.57$2,426
Jan 201220098.092.73$1,962
Dec 20110096.873.24$0
Nov 201128095.723.31$2,680
Oct 20110084.983.65$0
Sep 201127083.623.99$2,258
Aug 20110083.404.15$0
Jul 201119094.144.52$1,789
Jun 201132092.904.64$2,973
May 201125098.134.40$2,453
Apr 2011230105.964.33$2,437
Mar 20110096.364.06$0
Feb 201125085.644.18$2,141
Jan 20110086.504.59$0
Dec 201021085.734.35$1,800
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201028072.633.98$2,034
Aug 201026073.684.42$1,916
Jul 20100072.554.74$0
Jun 201018070.364.91$1,266
May 201020071.124.24$1,422
Apr 201022081.694.12$1,797
Mar 201022078.394.39$1,725
Feb 201027073.585.44$1,987
Jan 20100074.365.96$0
Dec 200919071.445.48$1,357
Nov 200924074.593.75$1,790
Oct 200919072.544.11$1,378
Sep 200931065.543.06$2,032
Aug 200920067.423.22$1,348
Jul 200930061.133.46$1,834
Jun 200936066.163.90$2,382
May 200934054.743.93$1,861
Apr 200935046.773.59$1,637
Mar 200944042.144.06$1,854
Feb 200928032.814.63$919
Jan 200924035.865.37$861
Dec 200822037.105.98$816
Nov 200820055.496.86$1,110
Oct 200820075.246.92$1,505
Sep 200800101.767.88$0
Aug 2008410114.228.48$4,683
Jul 2008240131.0811.39$3,146
Jun 200800131.3313.03$0
May 2008160123.1711.57$1,971
Apr 2008170110.3110.45$1,875
Mar 2008190101.909.66$1,936
Feb 200829092.538.77$2,683
Jan 200824090.388.21$2,169
Dec 200722088.337.30$1,943
Nov 200724091.677.29$2,200
Oct 200734082.856.92$2,817
Sep 200724075.846.24$1,820
Aug 200731069.066.39$2,141
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200740058.747.85$2,350
Apr 20070059.617.81$0
Mar 200736056.927.30$2,049
Feb 200748055.108.22$2,645
Jan 200721050.306.73$1,056
Dec 200640056.656.92$2,266
Nov 20060054.207.62$0
Oct 200627054.906.01$1,482
Sep 200631060.085.04$1,862
Aug 200651068.717.34$3,504
Jul 200667069.376.34$4,648
Jun 20060066.286.38$0
May 200672066.016.42$4,753
Apr 200629064.397.36$1,867
Mar 200648056.707.08$2,722
Feb 200659057.597.75$3,398
Jan 200643060.598.93$2,605
Dec 200536054.9413.42$1,978
Nov 200531054.6910.59$1,695
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200444039.866.75$1,754
Nov 200441045.286.33$1,856
Oct 200469049.706.52$3,429
Sep 200440043.245.28$1,730
Aug 20040042.375.55$0
Jul 200444038.286.08$1,684
Jun 200466036.106.43$2,383
May 200449037.486.49$1,837
Apr 200447034.475.86$1,620
Mar 200455034.365.53$1,890
Feb 200461032.455.51$1,979
Jan 200444032.036.30$1,409
Dec 200321030.266.30$635
Nov 200349028.804.60$1,411
Oct 200344028.174.76$1,239
Sep 200329026.314.75$763
Aug 200349029.765.13$1,458
Jul 200337029.415.17$1,088
Jun 200361028.565.98$1,742
May 200357026.595.97$1,516
Apr 200353026.675.41$1,414
Mar 200332031.146.10$996
Feb 20030033.487.93$0
Jan 200344030.315.58$1,334
Dec 200250026.914.85$1,346
Nov 200257024.664.14$1,406
Oct 20020026.464.23$0
Sep 200248027.443.64$1,317
Aug 200257025.963.16$1,480
Jul 200225024.583.06$615
Jun 200234023.733.34$807
May 200234024.663.58$838
Apr 200221023.653.51$497
Mar 200251022.003.10$1,122
Feb 20020018.222.38$0
Jan 200245017.172.38$773
Dec 20010016.932.36$0
Nov 200132018.072.41$578
Oct 200140019.782.53$791
Sep 200149024.262.25$1,189
Aug 200134024.873.05$846
Jul 200156023.933.20$1,340
Jun 200155024.563.82$1,351
May 200176025.524.31$1,940
Apr 200135024.685.34$864
Mar 200140024.545.38$982
Feb 200140027.755.77$1,110
Jan 20010027.478.40$0
Dec 200067026.889.12$1,801
Nov 2000119032.215.66$3,833
Oct 200062031.235.15$1,936
Sep 200082031.875.19$2,613
Aug 200058029.644.54$1,719
Jul 200093028.534.09$2,653
Jun 20000029.304.40$0
May 2000115027.263.68$3,135
Apr 20000024.513.12$0
Mar 2000115028.422.86$3,268
Feb 2000104027.622.73$2,872
Jan 200067025.272.48$1,693
Dec 1999111024.282.42$2,695
Nov 1999143023.192.43$3,316
Oct 199953020.982.80$1,112
Sep 1999110021.752.62$2,393
Aug 1999131019.262.88$2,523
Jul 1999109017.892.37$1,950
Jun 19990015.942.36$0
May 1999104015.792.32$1,642
Apr 199997015.102.21$1,465
Mar 199964012.471.84$798
Feb 19994909.981.82$489
Jan 199939010.381.90$405
Dec 1998009.201.77$0
Nov 199878010.892.19$849
Oct 19980012.421.97$0
Sep 1998104012.592.08$1,309
Aug 1998176011.301.91$1,989
Jul 19980011.742.24$0
Jun 199819011.242.24$214
May 1998106012.622.21$1,338
Apr 1998219013.042.51$2,856
Mar 19980012.802.31$0
Feb 199894013.952.30$1,311
Jan 1998105014.702.15$1,544
Dec 1997117016.322.41$1,909
Nov 19970018.193.09$0
Oct 199791019.253.15$1,752
Sep 1997105017.742.95$1,863
Aug 199772017.862.55$1,286
Jul 199787017.582.25$1,529
Jun 199780017.242.26$1,379
May 1997118018.972.31$2,238
Apr 199793017.882.08$1,663
Mar 199773018.951.94$1,383
Feb 1997124020.492.21$2,541
Jan 1997118023.483.54$2,771
Dec 1996119023.32$2,775
Nov 1996110021.97$2,417
Oct 1996110023.31$2,564
Sep 199687022.22$1,933
Aug 199680020.26$1,621
Jul 199675019.55$1,466
Jun 199693018.73$1,742
May 199675019.43$1,457
Apr 1996115021.51$2,474
Mar 199683019.38$1,609
Feb 199695016.98$1,613
Jan 199686017.07$1,468
Dec 199570017.19$1,203
Nov 199575016.00$1,200
Oct 199594015.43$1,450
Sep 199551016.18$825
Aug 1995116015.92$1,847
Jul 1995105015.24$1,600
Jun 1995114016.41$1,871
May 1995109017.56$1,914
Apr 199593017.73$1,649
Mar 199570116.44$1,151
Feb 199568116.58$1,127
Jan 199574115.92$1,178
Dec 1994112115.03$1,683
Nov 1994121115.90$1,924
Oct 1994111115.58$1,729
Sep 199494115.29$1,437
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 1994133112.46$1,657
Feb 199481112.50$1,013
Jan 1994154112.66$1,950
Dec 1993156112.33$1,923
Nov 1993172114.49$2,492
Oct 1993109115.85$1,728
Sep 1993221115.03$3,322
Aug 1993151115.66$2,365
Jul 1993226115.46$3,494
Jun 199386116.79$1,444
May 1993361117.68$6,382
Apr 1993209118.05$3,772
Mar 1993356118.14$6,458
Feb 1993279117.90$4,994
Jan 1993196116.93$3,318

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 2022 — as filed, then multipliedworked
Oil                   17 bbl  × $ 94.52 =     $1,607
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                   $1,607

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/O/274 is the state's own key, not one this site invented.