GIBSON, W.R. ET AL UNIT

Operated by LUMINANT MINING COMPANY LLC (P-5 512777) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 89991District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$291 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$0
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111993-06-10128295
NGPA2none

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
CondensateDisposition1,211 bbl$20,045
GasProduction278,161 Mcf$271,342
Total$291,387

186,911 Mcf of this lease's gas, across 46 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 32.2541, -94.6925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25408, -94.69255 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,750 ft
1 wells filed one
Completion to plug
18.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,750 ft.

Completions filed
Apr 1993
1 of 1 wells
Plug dates filed
Apr 2011
1 of 1 wells

Last completion to plug: a median of 18.0 years across the 1 well that filed both dates, with the middle half between 18.0 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40130881110,750 ftApr 1993Apr 2011Yes

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

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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
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 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201001671.124.24$68
Apr 201007781.694.12$317
Mar 2010010578.394.39$461
Feb 2010010373.585.44$561
Jan 2010110074.365.96$671
Dec 2009010071.445.48$548
Nov 2009010074.593.75$375
Oct 2009010472.544.11$427
Sep 2009011465.543.06$349
Aug 2009011967.423.22$383
Jul 2009011161.133.46$385
Jun 200904866.163.90$187
May 200904554.743.93$177
Apr 200903846.773.59$136
Mar 200907042.144.06$284
Feb 200908532.814.63$394
Jan 2009010335.865.37$553
Dec 200807537.105.98$448
Nov 2008010155.496.86$693
Oct 200809975.246.92$685
Sep 20080134101.767.88$1,056
Aug 20080117114.228.48$993
Jul 20080128131.0811.39$1,458
Jun 2008086131.3313.03$1,121
May 2008052123.1711.57$602
Apr 20087131110.3110.45$2,142
Mar 20080183101.909.66$1,769
Feb 2008015492.538.77$1,351
Jan 200807990.388.21$648
Dec 200707888.337.30$570
Nov 200709791.677.29$707
Oct 200707482.856.92$512
Sep 200701675.846.24$100
Aug 2007011069.066.39$703
Jul 2007015370.906.39$977
Jun 2007013862.007.55$1,042
May 2007013958.747.85$1,091
Apr 2007012559.617.81$976
Mar 2007010356.927.30$752
Feb 2007050355.108.22$4,133
Jan 2007269550.306.73$4,776
Dec 2006069156.656.92$4,781
Nov 2006081954.207.62$6,239
Oct 200601,76554.906.01$10,614
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
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 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20034028.174.76$113
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200325031.146.10$779
Feb 20030033.487.93$0
Jan 2003010830.315.58$603
Dec 2002034926.914.85$1,694
Nov 2002018724.664.14$774
Oct 2002032926.464.23$1,391
Sep 2002036427.443.64$1,323
Aug 2002030025.963.16$949
Jul 2002041924.583.06$1,283
Jun 20021834823.733.34$1,589
May 2002028424.663.58$1,018
Apr 2002034423.653.51$1,208
Mar 2002034122.003.10$1,058
Feb 2002023318.222.38$554
Jan 2002027417.172.38$651
Dec 2001033716.932.36$797
Nov 20011640718.072.41$1,268
Oct 2001049019.782.53$1,239
Sep 2001040624.262.25$914
Aug 2001042324.873.05$1,291
Jul 2001041423.933.20$1,324
Jun 2001036224.563.82$1,384
May 2001029525.524.31$1,271
Apr 20011644124.685.34$2,748
Mar 2001034124.545.38$1,833
Feb 2001034827.755.77$2,007
Jan 2001018727.478.40$1,571
Dec 20002119626.889.12$2,352
Nov 2000032732.215.66$1,850
Oct 2000041631.235.15$2,141
Sep 2000042431.875.19$2,199
Aug 2000045029.644.54$2,043
Jul 2000037628.534.09$1,538
Jun 20002630729.304.40$2,112
May 2000049427.263.68$1,818
Apr 20003041324.513.12$2,022
Mar 2000045228.422.86$1,293
Feb 2000040927.622.73$1,115
Jan 2000041225.272.48$1,022
Dec 1999045224.282.42$1,096
Nov 1999060823.192.43$1,480
Oct 1999054020.982.80$1,514
Sep 1999760621.752.62$1,739
Aug 1999075219.262.88$2,162
Jul 1999069117.892.37$1,639
Jun 199901,13115.942.36$2,672
May 1999241,24515.792.32$3,269
Apr 199902,10115.102.21$4,639
Mar 19992348812.471.84$1,184
Feb 199901,5279.981.82$2,776
Jan 1999481,18410.381.90$2,748
Dec 1998481,7829.201.77$3,602
Nov 199801,03610.892.19$2,264
Oct 199801,70912.421.97$3,365
Sep 199801,32012.592.08$2,749
Aug 199801,35811.301.91$2,590
Jul 199801,24011.742.24$2,774
Jun 199801,93911.242.24$4,338
May 199802,79912.622.21$6,176
Apr 199802,68013.042.51$6,714
Mar 19981021,78812.802.31$5,435
Feb 199802,64613.952.30$6,084
Jan 19981761,91414.702.15$6,711
Dec 199701,87516.322.41$4,521
Nov 199702,10818.193.09$6,510
Oct 199702,52619.253.15$7,956
Sep 199702,37817.742.95$7,027
Aug 199703,36417.862.55$8,594
Jul 199704,59817.582.25$10,331
Jun 199702,59517.242.26$5,857
May 199713,15218.972.31$7,295
Apr 199713,70217.882.08$7,728
Mar 199703,69218.951.94$7,159
Feb 199723,58620.492.21$7,951
Jan 199722,84823.483.54$10,128
Dec 199622,95523.32$47
Nov 199633,58921.97$66
Oct 199603,35823.31$0
Sep 199622,91822.22$44
Aug 199623,61520.26$41
Jul 199613,56919.55$20
Jun 199602,62618.73$0
May 199603,17519.43$0
Apr 199623,11221.51$43
Mar 199612,43819.38$19
Feb 199622,83916.98$34
Jan 199644,00317.07$68
Dec 199523,96217.19$34
Nov 199563,85416.00$96
Oct 199503,22515.43$0
Sep 199513,59716.18$16
Aug 199503,34915.92$0
Jul 199503,00315.24$0
Jun 19951633,27416.41$2,675
May 199533,93117.56$53
Apr 199553,96517.73$89
Mar 199504,17316.44$0
Feb 199504,51516.58$0
Jan 199564,51515.92$96
Dec 199464,82815.03$90
Nov 199424,03415.90$32
Oct 199444,07415.58$62
Sep 199474,26815.29$107
Aug 1994115,21016.13$177
Jul 199405,12217.56$0
Jun 199444,13317.09$68
May 199454,71915.88$79
Apr 199454,12014.14$71
Mar 1994115,01612.46$137
Feb 1994144,83812.50$175
Jan 19942185,64012.66$2,760
Dec 199344,99512.33$49
Nov 199343,30514.49$58
Oct 199333,78015.85$48
Sep 199333,34415.03$45
Aug 199353,90615.66$78
Jul 199334,15115.46$46
Jun 199387,60816.79$134
May 1993511,37717.68$88
Apr 1993774,88218.05$1,390
Mar 19930018.14$0
Feb 19934017.90$72
Jan 19933116.93$51

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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.12 =         $0
Gas                   16 Mcf  × $  4.24 =        $68

────────────────────────────────────────────────────
Month total                                      $68

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. 06/G/89991 is the state's own key, not one this site invented.