GIBSON, VERNON ESTATE

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

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) 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 96437District 06Field 66461275NGPA filingCondensateGasSave Export

Value, all time

$288 k

Jan 1993 – May 2022

Value, last 12 filed months

at the published price for each month

Months reported

353

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) 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 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	919 bbl	$23,346
Gas	Production	66,286 Mcf	$264,352
Total			$287,698

15,588 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 (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 32.2165, -94.7684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21654, -94.76844 · 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

100.0%

1 of 1 wells

Median depth

10,840 ft

1 wells filed one

Completion to plug

40.8 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 10,840 ft.

Completions filed

Sep 1981

1 of 1 wells

Plug dates filed

Jun 2022

1 of 1 wells

Last completion to plug: a median of 40.8 years across the 1 well that filed both dates, with the middle half between 40.8 years and 40.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40131229	1	10,840 ft	Sep 1981	Jun 2022	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 (353)

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

353 months


May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	42	0	61.44	3.40	$2,580
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
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	11	86.95	3.62	$40
Oct 2012	0	89	89.38	3.40	$303
Sep 2012	0	56	94.67	2.92	$163
Aug 2012	0	106	92.66	2.91	$308
Jul 2012	0	57	85.13	3.02	$172
Jun 2012	0	51	79.82	2.52	$128
May 2012	0	50	91.61	2.49	$124
Apr 2012	0	53	101.65	2.00	$106
Mar 2012	0	57	105.05	2.22	$127
Feb 2012	0	114	101.10	2.57	$293
Jan 2012	0	74	98.09	2.73	$202
Dec 2011	0	68	96.87	3.24	$220
Nov 2011	0	60	95.72	3.31	$199
Oct 2011	0	246	84.98	3.65	$898
Sep 2011	0	216	83.62	3.99	$861
Aug 2011	0	173	83.40	4.15	$718
Jul 2011	0	173	94.14	4.52	$781
Jun 2011	0	167	92.90	4.64	$775
May 2011	0	141	98.13	4.40	$621
Apr 2011	0	97	105.96	4.33	$420
Mar 2011	0	390	96.36	4.06	$1,582
Feb 2011	0	83	85.64	4.18	$347
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	101	85.73	4.35	$439
Nov 2010	0	91	80.84	3.80	$345
Oct 2010	0	128	78.10	3.51	$449
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	119	73.68	4.42	$526
Jul 2010	0	121	72.55	4.74	$573
Jun 2010	0	113	70.36	4.91	$555
May 2010	0	184	71.12	4.24	$779
Apr 2010	0	120	81.69	4.12	$495
Mar 2010	0	79	78.39	4.39	$347
Feb 2010	0	106	73.58	5.44	$577
Jan 2010	0	129	74.36	5.96	$769
Dec 2009	0	26	71.44	5.48	$143
Nov 2009	0	149	74.59	3.75	$559
Oct 2009	0	21	72.54	4.11	$86
Sep 2009	0	123	65.54	3.06	$377
Aug 2009	0	81	67.42	3.22	$261
Jul 2009	0	227	61.13	3.46	$786
Jun 2009	0	176	66.16	3.90	$686
May 2009	0	172	54.74	3.93	$675
Apr 2009	0	179	46.77	3.59	$642
Mar 2009	0	161	42.14	4.06	$654
Feb 2009	0	156	32.81	4.63	$723
Jan 2009	0	142	35.86	5.37	$763
Dec 2008	0	533	37.10	5.98	$3,186
Nov 2008	0	701	55.49	6.86	$4,809
Oct 2008	0	549	75.24	6.92	$3,800
Sep 2008	0	327	101.76	7.88	$2,576
Aug 2008	0	228	114.22	8.48	$1,934
Jul 2008	0	264	131.08	11.39	$3,007
Jun 2008	0	144	131.33	13.03	$1,877
May 2008	0	177	123.17	11.57	$2,049
Apr 2008	0	193	110.31	10.45	$2,018
Mar 2008	0	202	101.90	9.66	$1,952
Feb 2008	0	176	92.53	8.77	$1,544
Jan 2008	0	327	90.38	8.21	$2,683
Dec 2007	0	271	88.33	7.30	$1,979
Nov 2007	0	281	91.67	7.29	$2,049
Oct 2007	0	161	82.85	6.92	$1,114
Sep 2007	0	313	75.84	6.24	$1,954
Aug 2007	0	816	69.06	6.39	$5,213
Jul 2007	0	4	70.90	6.39	$26
Jun 2007	12	80	62.00	7.55	$1,348
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	94	50.30	6.73	$632
Dec 2006	0	98	56.65	6.92	$678
Nov 2006	0	67	54.20	7.62	$510
Oct 2006	0	61	54.90	6.01	$367
Sep 2006	0	95	60.08	5.04	$479
Aug 2006	0	65	68.71	7.34	$477
Jul 2006	0	80	69.37	6.34	$507
Jun 2006	0	89	66.28	6.38	$568
May 2006	0	124	66.01	6.42	$797
Apr 2006	1	127	64.39	7.36	$999
Mar 2006	0	29	56.70	7.08	$205
Feb 2006	0	192	57.59	7.75	$1,488
Jan 2006	0	100	60.59	8.93	$893
Dec 2005	0	132	54.94	13.42	$1,771
Nov 2005	0	5,021	54.69	10.59	$53,164
Oct 2005	0	150	58.34	13.80	$2,069
Sep 2005	0	281	61.45	12.08	$3,394
Aug 2005	0	236	61.51	9.80	$2,312
Jul 2005	0	209	55.69	7.84	$1,639
Jun 2005	0	216	52.33	7.38	$1,594
May 2005	0	230	45.22	6.65	$1,530
Apr 2005	129	146	49.20	7.36	$7,421
Mar 2005	3	387	50.37	7.15	$2,920
Feb 2005	0	177	45.22	6.31	$1,117
Jan 2005	0	234	43.16	6.32	$1,479
Dec 2004	0	275	39.86	6.75	$1,857
Nov 2004	0	519	45.28	6.33	$3,285
Oct 2004	0	4	49.70	6.52	$26
Sep 2004	0	241	43.24	5.28	$1,273
Aug 2004	0	218	42.37	5.55	$1,210
Jul 2004	0	343	38.28	6.08	$2,087
Jun 2004	0	290	36.10	6.43	$1,866
May 2004	0	338	37.48	6.49	$2,195
Apr 2004	0	518	34.47	5.86	$3,035
Mar 2004	1	98	34.36	5.53	$576
Feb 2004	0	410	32.45	5.51	$2,259
Jan 2004	0	230	32.03	6.30	$1,449
Dec 2003	0	449	30.26	6.30	$2,829
Nov 2003	0	476	28.80	4.60	$2,187
Oct 2003	0	553	28.17	4.76	$2,632
Sep 2003	0	473	26.31	4.75	$2,246
Aug 2003	0	557	29.76	5.13	$2,857
Jul 2003	0	342	29.41	5.17	$1,768
Jun 2003	1	394	28.56	5.98	$2,386
May 2003	0	533	26.59	5.97	$3,183
Apr 2003	0	533	26.67	5.41	$2,882
Mar 2003	0	597	31.14	6.10	$3,639
Feb 2003	0	596	33.48	7.93	$4,724
Jan 2003	0	306	30.31	5.58	$1,708
Dec 2002	0	545	26.91	4.85	$2,645
Nov 2002	0	399	24.66	4.14	$1,651
Oct 2002	0	814	26.46	4.23	$3,443
Sep 2002	0	976	27.44	3.64	$3,548
Aug 2002	0	911	25.96	3.16	$2,883
Jul 2002	2	607	24.58	3.06	$1,908
Jun 2002	155	751	23.73	3.34	$6,185
May 2002	3	1,124	24.66	3.58	$4,102
Apr 2002	6	1,156	23.65	3.51	$4,202
Mar 2002	1	3,576	22.00	3.10	$11,117
Feb 2002	0	4	18.22	2.38	$10
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	220	15.79	2.32	$511
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	323	12.47	1.84	$594
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	141	10.38	1.90	$268
Dec 1998	0	719	9.20	1.77	$1,275
Nov 1998	0	227	10.89	2.19	$496
Oct 1998	0	1,302	12.42	1.97	$2,564
Sep 1998	0	387	12.59	2.08	$806
Aug 1998	0	620	11.30	1.91	$1,183
Jul 1998	0	740	11.74	2.24	$1,656
Jun 1998	0	316	11.24	2.24	$707
May 1998	0	325	12.62	2.21	$717
Apr 1998	0	263	13.04	2.51	$659
Mar 1998	0	381	12.80	2.31	$880
Feb 1998	0	324	13.95	2.30	$745
Jan 1998	0	360	14.70	2.15	$776
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	259	18.19	3.09	$800
Oct 1997	184	309	19.25	3.15	$4,515
Sep 1997	0	572	17.74	2.95	$1,690
Aug 1997	0	310	17.86	2.55	$792
Jul 1997	0	684	17.58	2.25	$1,537
Jun 1997	0	508	17.24	2.26	$1,147
May 1997	0	388	18.97	2.31	$896
Apr 1997	0	375	17.88	2.08	$781
Mar 1997	0	242	18.95	1.94	$469
Feb 1997	0	238	20.49	2.21	$525
Jan 1997	0	186	23.48	3.54	$658
Dec 1996	0	379	23.32	—	$0
Nov 1996	0	341	21.97	—	$0
Oct 1996	0	413	23.31	—	$0
Sep 1996	0	630	22.22	—	$0
Aug 1996	0	259	20.26	—	$0
Jul 1996	0	242	19.55	—	$0
Jun 1996	190	183	18.73	—	$3,559
May 1996	0	243	19.43	—	$0
Apr 1996	0	250	21.51	—	$0
Mar 1996	0	182	19.38	—	$0
Feb 1996	0	242	16.98	—	$0
Jan 1996	0	188	17.07	—	$0
Dec 1995	0	275	17.19	—	$0
Nov 1995	0	201	16.00	—	$0
Oct 1995	0	247	15.43	—	$0
Sep 1995	0	263	16.18	—	$0
Aug 1995	0	307	15.92	—	$0
Jul 1995	0	421	15.24	—	$0
Jun 1995	0	635	16.41	—	$0
May 1995	0	342	17.56	—	$0
Apr 1995	0	558	17.73	—	$0
Mar 1995	0	331	16.44	—	$0
Feb 1995	0	282	16.58	—	$0
Jan 1995	0	251	15.92	—	$0
Dec 1994	0	260	15.03	—	$0
Nov 1994	0	317	15.90	—	$0
Oct 1994	0	338	15.58	—	$0
Sep 1994	0	261	15.29	—	$0
Aug 1994	0	259	16.13	—	$0
Jul 1994	0	249	17.56	—	$0
Jun 1994	0	276	17.09	—	$0
May 1994	0	311	15.88	—	$0
Apr 1994	0	255	14.14	—	$0
Mar 1994	0	273	12.46	—	$0
Feb 1994	1	366	12.50	—	$13
Jan 1994	0	530	12.66	—	$0
Dec 1993	188	450	12.33	—	$2,318
Nov 1993	0	356	14.49	—	$0
Oct 1993	0	372	15.85	—	$0
Sep 1993	0	359	15.03	—	$0
Aug 1993	0	292	15.66	—	$0
Jul 1993	0	317	15.46	—	$0
Jun 1993	0	259	16.79	—	$0
May 1993	0	443	17.68	—	$0
Apr 1993	0	397	18.05	—	$0
Mar 1993	0	392	18.14	—	$0
Feb 1993	0	394	17.90	—	$0
Jan 1993	0	197	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.

Oct 2018 — as filed, then multipliedworked

Condensate            42 bbl  × $ 61.44 =     $2,580
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $2,580

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/96437 is the state's own key, not one this site invented.