GIBSON

Operated by TALUS RESOURCES LLC (P-5 835618) in the CALVERT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31District 05Field 14922001OilCasinghead gasSaveExport
Value, all time
$489 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 7 leases and 52 wells, and the rule below applies to all of them.

Discovered
1944-10-24
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1986-05-01.

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
OilDisposition14,244 bbl$484,915
Casinghead gasProduction1,482 Mcf$4,020
Total$488,935

480 Mcf of this lease's gas, across 48 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 (17)

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 30.9639, -96.7615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

30.96384, -96.76068 · 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
100.0%
17 of 17 wells
With a plug date
82.4%
14 of 17 wells
Median depth
2,195 ft
16 wells filed one
Completion to plug
71.9 years
median over 11 wells

What the state filed about each well

On the RRC proration schedule
17100.0%
A plug date is filed
1482.4%
BothOn the schedule and plugged. Neither fact cancels the other.
1482.4%
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

Total depth in feet, 16 of 17 wells. Median 2,195 ft, with the middle half between 2,173 and 2,233 ft; the shallowest is 2,154 ft and the deepest 3,300 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, 12 of 17 wells, Sep 1945 – Jul 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1945 – Jul 2013
12 of 17 wells; 5 filed none
Plug dates filed
Dec 1972 – Dec 2020
14 of 17 wells; 3 filed none

Last completion to plug: a median of 71.9 years across the 11 wells that filed both dates, with the middle half between 71.8 years and 74.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells

42-3950008782,224 ftDec 1972Yes
42-39500089142,235 ftYes
42-39500090152,232 ftDec 1972Yes
42-3950009912,400 ftNov 2020Yes
42-395001117Yes
42-39531920312,174 ftJul 2013Oct 2020Yes
42-39530002293,300 ftFeb 1972Oct 2020Yes
42-39500117242,185 ftJan 1949Nov 2020Yes
42-39500120232,167 ftDec 1948Nov 2020Yes
42-39500116222,188 ftDec 1948Nov 2020Yes
42-39500096212,154 ftDec 1948Oct 2020Yes
42-39500095202,190 ftOct 1948Yes
42-39500094192,169 ftOct 1948Oct 2020Yes
42-39500091162,236 ftMay 1946Oct 2020Yes
42-39500114122,200 ftNov 1945Oct 2020Yes
42-39500088102,171 ftSep 1945Dec 2020Yes
42-3950011292,210 ftSep 1945Dec 2020Yes

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 20220094.529.13$0
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 20220081.844.54$0
Dec 20210071.323.90$0
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131030104.253.52$10,738
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012171086.773.42$14,838
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201182095.723.31$7,849
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011132094.144.52$12,426
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011168086.504.59$14,532
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010170072.633.98$12,347
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010155081.694.12$12,662
Mar 2010179078.394.39$14,032
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009179061.133.46$10,942
Jun 20090066.163.90$0
May 2009162054.743.93$8,868
Apr 20090046.773.59$0
Mar 2009173042.144.06$7,290
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008176037.105.98$6,530
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 20081921110.3110.45$21,190
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 20080190.388.21$8
Dec 2007176188.337.30$15,553
Nov 20070191.677.29$7
Oct 2007177182.856.92$14,671
Sep 20070175.846.24$6
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 2007170158.747.85$9,994
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 20070150.306.73$7
Dec 20060156.656.92$7
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 2006180166.016.42$11,888
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 2006162157.597.75$9,337
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 2005183154.6910.59$10,019
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 2005122155.697.84$6,802
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 20050149.207.36$7
Mar 2005157150.377.15$7,915
Feb 20050145.226.31$6
Jan 20050143.166.32$6
Dec 200401039.866.75$68
Nov 20041731045.286.33$7,897
Oct 2004271049.706.52$1,407
Sep 20041621043.245.28$7,058
Aug 200401042.375.55$56
Jul 20041711038.286.08$6,607
Jun 200401036.106.43$64
May 20041721037.486.49$6,512
Apr 20041701034.475.86$5,918
Mar 200401034.365.53$55
Feb 20041761032.455.51$5,766
Jan 20041661032.036.30$5,380
Dec 200301030.266.30$63
Nov 20031591028.804.60$4,625
Oct 200301028.174.76$48
Sep 20031781026.314.75$4,731
Aug 20031751029.765.13$5,259
Jul 200301029.415.17$52
Jun 20031831028.565.98$5,286
May 20031631026.595.97$4,394
Apr 200301026.675.41$54
Mar 20031551031.146.10$4,888
Feb 200301033.487.93$79
Jan 20031661030.315.58$5,087
Dec 200201026.914.85$49
Nov 20021821024.664.14$4,529
Oct 200201026.464.23$42
Sep 20021881027.443.64$5,195
Aug 20021781025.963.16$4,653
Jul 200201024.583.06$31
Jun 20021881023.733.34$4,495
May 20021741024.663.58$4,327
Apr 200201023.653.51$35
Mar 200201022.003.10$31
Feb 20021761018.222.38$3,230
Jan 20021581017.172.38$2,737
Dec 200101016.932.36$24
Nov 200101018.072.41$24
Oct 200101019.782.53$25
Sep 20011721024.262.25$4,195
Aug 200101024.873.05$31
Jul 200101023.933.20$32
Jun 200101024.563.82$38
May 20011711025.524.31$4,407
Apr 200101024.685.34$53
Mar 200101024.545.38$54
Feb 20011741027.755.77$4,886
Jan 200101027.478.40$84
Dec 20001641026.889.12$4,500
Nov 200001032.215.66$57
Oct 200001031.235.15$51
Sep 20001841031.875.19$5,916
Aug 200001029.644.54$45
Jul 20001751028.534.09$5,034
Jun 200001029.304.40$44
May 200001027.263.68$37
Apr 200001024.513.12$31
Mar 20001611028.422.86$4,604
Feb 200001027.622.73$27
Jan 200001025.272.48$25
Dec 199901024.282.42$24
Nov 19991581023.192.43$3,688
Oct 199901020.982.80$28
Sep 19991901021.752.62$4,159
Aug 199901019.262.88$29
Jul 19991781017.892.37$3,208
Jun 199901015.942.36$24
May 199901015.792.32$23
Apr 19993301015.102.21$5,005
Mar 199901012.471.84$18
Feb 19990109.981.82$18
Jan 199901010.381.90$19
Dec 19980109.201.77$18
Nov 19982411010.892.19$2,646
Oct 19981771012.421.97$2,218
Sep 19981781012.592.08$2,262
Aug 199801011.301.91$19
Jul 199801011.742.24$22
Jun 199801011.242.24$22
May 199801012.622.21$22
Apr 19981701013.042.51$2,242
Mar 1998701012.802.31$919
Feb 199801013.952.30$23
Jan 19981741014.702.15$2,579
Dec 199701016.322.41$24
Nov 199701018.193.09$31
Oct 19971491019.253.15$2,900
Sep 199701017.742.95$30
Aug 19971811017.862.55$3,258
Jul 199701017.582.25$22
Jun 199701017.242.26$23
May 199701018.972.31$23
Apr 19973021017.882.08$5,421
Mar 199701018.951.94$19
Feb 199701020.492.21$22
Jan 199701023.483.54$35
Dec 19961201023.32$2,798
Nov 199601021.97$0
Oct 19961781023.31$4,149
Sep 19961401022.22$3,111
Aug 199601020.26$0
Jul 19961821019.55$3,558
Jun 199601018.73$0
May 19962391019.43$4,644
Apr 199601021.51$0
Mar 19961711019.38$3,314
Feb 19961721016.98$2,921
Jan 199601017.07$0
Dec 1995571017.19$980
Nov 199501016.00$0
Oct 1995691015.43$1,065
Sep 19951721016.18$2,783
Aug 199501015.92$0
Jul 19951711015.24$2,606
Jun 199501016.41$0
May 19951681017.56$2,950
Apr 199501017.73$0
Mar 19951551016.44$2,548
Feb 199501016.58$0
Jan 19951251015.92$1,990
Dec 19941361015.03$2,044
Nov 199401015.90$0
Oct 19941361015.58$2,119
Sep 19941751015.29$2,676
Aug 19941881016.13$3,032
Jul 19941641017.56$2,880
Jun 19941571017.09$2,683
May 199401015.88$0
Apr 1994511014.14$721
Mar 199401012.46$0
Feb 199401012.50$0
Jan 1994101012.66$127
Dec 1993361012.33$444
Nov 199301014.49$0
Oct 1993421015.85$666
Sep 199301015.03$0
Aug 199301015.66$0
Jul 1993891015.46$1,376
Jun 199301016.79$0
May 1993581017.68$1,025
Apr 199301018.05$0
Mar 1993801018.14$1,451
Feb 199301017.90$0
Jan 1993951016.93$1,608

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 2013 — as filed, then multipliedworked
Oil                  103 bbl  × $104.25 =    $10,738
Casinghead gas         0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                  $10,738

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/31 is the state's own key, not one this site invented.