GIBBS BROS. UNIT

Operated by ARCADIA ENERGY RESOURCES, LLC (P-5 102140) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13923District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$16.6 M
Jan 1999 – May 2026
Value, last 12 filed months
$810 k
at the published price for each month
Months reported
329
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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

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
OilDisposition181,466 bbl$11,670,430
Casinghead gasProduction1,106,557 Mcf$4,947,301
Total$16,617,731

Every month this lease reported (329)

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

329 months

May 20267544,491106.413.05$93,912
Apr 20265674,01598.932.87$67,615
Mar 20265744,52089.753.15$65,752
Feb 20269264,44763.503.75$75,479
Jan 20265594,38059.138.00$68,085
Dec 20258774,30956.664.41$68,708
Nov 20255774,51458.593.93$51,530
Oct 20255774,51459.383.30$49,180
Sep 20257534,61162.743.08$61,431
Aug 20259525,31963.933.01$76,897
Jul 20255564,92266.743.32$53,425
Jun 20259394,98466.483.13$78,018
May 20257555,34960.553.23$63,005
Apr 20259485,59162.363.54$78,927
Mar 20259195,13167.704.27$84,117
Feb 20257485,04170.884.34$74,900
Jan 20255605,83074.324.28$66,564
Dec 20241,1195,97768.993.12$95,856
Nov 20247495,98569.052.20$64,876
Oct 20249326,06571.372.28$80,354
Sep 202493532569.612.36$65,854
Aug 202493737475.632.06$71,637
Jul 202493340979.932.15$75,453
Jun 20241,66541878.082.63$131,104
May 202493442678.812.20$74,545
Apr 202475146784.451.66$64,197
Mar 20241,28250580.301.55$103,725
Feb 202436949576.091.78$28,960
Jan 20241,80052773.023.30$133,174
Dec 20231,09146371.262.61$78,953
Nov 202371146377.892.81$56,680
Oct 20231,10247485.443.09$95,618
Sep 20231,29842889.042.74$116,745
Aug 20231,28844080.522.67$104,886
Jul 20231,31543674.852.64$99,580
Jun 20231,11741668.962.26$77,968
May 20231,12845870.622.23$80,680
Apr 20231,30810,18478.122.24$124,970
Mar 20231,66610,87472.852.39$147,391
Feb 20231,6339,58975.112.47$146,298
Jan 20231,31011,46276.533.39$139,084
Dec 20222,42511,40676.415.73$250,640
Nov 202294012,40485.005.65$149,935
Oct 20221,33113,41487.185.86$194,693
Sep 20221,68414,38384.888.16$260,356
Aug 20222,28321,25994.529.13$409,823
Jul 20221,2814,191101.587.54$161,733
Jun 20221,80215,480115.097.98$330,879
May 20222,02216,494109.378.43$360,241
Apr 20222,01617,035104.226.84$326,586
Mar 20222,17317,897108.885.08$327,449
Feb 20222,15417,32691.054.86$280,306
Jan 20222,49820,03581.844.54$295,349
Dec 20212,53522,78171.323.90$269,622
Nov 20212,70123,18277.435.24$330,539
Oct 20213,31726,04679.795.71$413,487
Sep 20213,11328,94269.865.35$372,341
Aug 20213,69733,97266.024.22$387,458
Jul 20213,79632,40870.783.98$397,732
Jun 20214,70039,04869.493.38$458,609
May 20215,49350,85563.483.02$502,159
Apr 20217,93166,99860.362.76$663,524
Mar 20219,28759,89361.302.72$732,019
Feb 20211,0405,62457.805.55$91,314
Jan 202117374050.412.81$10,801
Dec 202035259244.642.68$17,297
Nov 202019072238.772.71$9,320
Oct 2020085136.972.48$2,109
Sep 202019492037.091.99$9,027
Aug 202019298439.982.39$10,023
Jul 202019699838.371.83$9,342
Jun 20201871,09834.901.69$8,382
May 20201941,13716.921.81$5,346
Apr 202035480214.751.80$6,669
Mar 20201971,18030.341.86$8,167
Feb 20205891,64549.881.98$32,638
Jan 20202211,77357.252.09$16,366
Dec 201938548759.012.30$23,841
Nov 2019020155.302.75$553
Oct 201922113353.472.42$12,139
Sep 2019014055.052.66$372
Aug 2019012453.112.30$286
Jul 2019013156.272.46$322
Jun 2019013652.782.49$339
May 2019011058.482.74$301
Apr 201917315062.632.75$11,248
Mar 2019016056.803.06$490
Feb 2019011750.852.79$327
Jan 201918514346.033.23$8,977
Dec 2018018246.594.19$762
Nov 2018015152.934.24$640
Oct 201818219061.443.40$11,828
Sep 2018018359.543.11$569
Aug 2018020659.403.07$632
Jul 201818019265.142.93$12,288
Jun 2018018960.183.08$582
May 201817423465.382.90$12,055
Apr 2018018063.842.90$522
Mar 201818520261.222.79$11,889
Feb 2018018761.782.77$517
Jan 2018018262.874.01$730
Dec 201705557.272.92$161
Nov 201717511255.423.12$10,048
Oct 2017551549.292.98$2,756
Sep 201701147.523.09$34
Aug 201702445.373.00$72
Jul 2017015743.873.09$485
Jun 2017019542.493.09$602
May 2017016845.373.26$548
Apr 20170047.933.21$0
Mar 201709346.772.98$277
Feb 2017064850.452.95$1,913
Jan 2017048049.413.42$1,641
Dec 201617757848.763.72$10,782
Nov 2016047942.492.64$1,267
Oct 2016386746.193.09$2,818
Sep 20163251,02141.553.10$16,669
Aug 20161741,15041.442.92$10,574
Jul 20161761,13541.622.92$10,644
Jun 20161761,04345.352.69$10,783
May 20161721,27242.521.99$9,846
Apr 20163511,46036.561.99$15,739
Mar 20163521,74533.011.79$14,750
Feb 201617294326.472.06$6,499
Jan 20161691,03327.352.36$7,065
Dec 20151761,05932.362.00$7,815
Nov 20151761,07738.792.17$9,161
Oct 20151781,23143.552.43$10,739
Sep 20151781,18242.992.76$10,913
Aug 20151771,20640.162.87$10,573
Jul 20151771,24448.152.95$12,186
Jun 20153561,19356.152.88$23,429
May 201501,22855.212.96$3,629
Apr 20151761,11449.822.71$11,783
Mar 20151791,25042.892.93$11,346
Feb 201518026544.662.98$8,827
Jan 201517661943.433.10$9,563
Dec 201452355954.693.59$30,610
Nov 201417863870.464.25$15,255
Oct 201417871678.303.90$16,730
Sep 201417753486.164.05$17,411
Aug 201441460789.394.04$39,457
Jul 20143271,43896.564.18$37,585
Jun 20143521,96198.164.74$43,841
May 20141761,03294.734.73$21,550
Apr 20143591,59095.944.81$42,089
Mar 201417968795.895.06$20,638
Feb 201417062997.406.19$20,453
Jan 201416484990.404.86$18,952
Dec 201317584791.824.35$19,757
Nov 201316679888.853.74$17,732
Oct 201316581497.423.78$19,151
Sep 2013177814104.113.72$21,454
Aug 2013162962104.253.52$20,277
Jul 20133471,068102.523.72$39,545
Jun 2013097294.403.93$3,823
May 20131771,12994.834.15$21,469
Apr 20133501,17993.964.28$37,935
Mar 20131691,09993.623.91$20,122
Feb 201317996391.233.42$19,624
Jan 201317692291.603.42$19,275
Dec 20121811,12786.773.42$19,560
Nov 20121791,17586.953.62$19,823
Oct 201236199889.383.40$35,659
Sep 20121771,01994.672.92$19,730
Aug 20121781,16792.662.91$19,887
Jul 20121781,18385.133.02$18,727
Jun 20121761,05179.822.52$16,696
May 201217884891.612.49$18,417
Apr 20121761,072101.652.00$20,031
Mar 2012175791105.052.22$20,141
Feb 20121801,063101.102.57$20,930
Jan 20121841,13898.092.73$21,160
Dec 20113541,05896.873.24$37,720
Nov 201118189195.723.31$20,276
Oct 20111781,09284.983.65$19,111
Sep 20111751,05883.623.99$18,850
Aug 20111781,11183.404.15$19,455
Jul 20111751,03494.144.52$21,145
Jun 20113541,03392.904.64$37,680
May 201101,24398.134.40$5,475
Apr 2011179756105.964.33$22,243
Mar 20113591,01496.364.06$38,707
Feb 201101,02785.644.18$4,293
Jan 201118390886.504.59$19,996
Dec 201036284985.734.35$34,726
Nov 20101781,26780.843.80$19,198
Oct 2010089778.103.51$3,147
Sep 20101801,28272.633.98$18,175
Aug 201018175573.684.42$16,673
Jul 201017897572.554.74$17,532
Jun 20101751,17370.364.91$18,073
May 201017795871.124.24$16,646
Apr 20103601,29381.694.12$34,739
Mar 2010093978.394.39$4,121
Feb 201036689373.585.44$31,790
Jan 2010096874.365.96$5,773
Dec 200918091671.445.48$17,882
Nov 200918085674.593.75$16,637
Oct 20091791,21172.544.11$17,962
Sep 200936389465.543.06$26,531
Aug 20091771,11167.423.22$15,509
Jul 20091761,14961.133.46$14,740
Jun 20091791,12866.163.90$16,236
May 200901,16054.743.93$4,554
Apr 20093571,18746.773.59$20,955
Mar 20091641,11942.144.06$11,453
Feb 20091811,18032.814.63$11,406
Jan 20091811,10935.865.37$12,447
Dec 20083541,22737.105.98$20,467
Nov 20081881,17055.496.86$18,459
Oct 20081821,21675.246.92$22,111
Sep 20081771,241101.767.88$27,787
Aug 20081771,145114.228.48$29,930
Jul 20081841,149131.0811.39$37,205
Jun 20083541,129131.3313.03$61,205
May 20081901,215123.1711.57$37,465
Apr 20081781,377110.3110.45$34,032
Mar 20083691,372101.909.66$50,860
Feb 20081801,10992.538.77$26,382
Jan 20083851,29690.388.21$45,431
Dec 20071941,42988.337.30$27,571
Nov 20071871,06791.677.29$24,923
Oct 20071791,08682.856.92$22,347
Sep 20071881,38275.846.24$22,887
Aug 20073821,34569.066.39$34,973
Jul 20071842,44570.906.39$28,664
Jun 20071873,35962.007.55$36,949
May 20071842,45558.747.85$30,071
Apr 20073752,71659.617.81$43,553
Mar 20073613,53856.927.30$46,382
Feb 200701,65455.108.22$13,589
Jan 20073832,85450.306.73$38,463
Dec 20063782,67756.656.92$39,934
Nov 200602,50454.207.62$19,074
Oct 20063712,71354.906.01$36,683
Sep 20061812,70660.085.04$24,505
Aug 20063652,87768.717.34$46,196
Jul 20065622,90769.376.34$57,424
Jun 20061882,99166.286.38$31,555
May 20063361,42166.016.42$31,309
Apr 20063591,68364.397.36$35,504
Mar 20061891,54256.707.08$21,638
Feb 20063711,68857.597.75$34,450
Jan 20061871,14960.598.93$21,595
Dec 20053581,74054.9413.42$43,011
Nov 20053761,44854.6910.59$35,895
Oct 20051851,77358.3413.80$35,253
Sep 200517779761.4512.08$20,504
Aug 20053591,53661.519.80$37,130
Jul 20053581,50555.697.84$31,742
Jun 20053541,71752.337.38$31,198
May 20055191,94445.226.65$36,399
Apr 20051881,57549.207.36$20,842
Mar 20053741,83450.377.15$31,960
Feb 20053711,61745.226.31$26,983
Jan 20053781,93243.166.32$28,529
Dec 20047302,74239.866.75$47,609
Nov 200401,03945.286.33$6,577
Oct 20043641,29249.706.52$26,508
Sep 20043691,33943.245.28$23,031
Aug 20049031,72942.375.55$47,857
Jul 2004064638.286.08$3,930
Jun 20041912,72136.106.43$24,399
May 20041581,36437.486.49$14,780
Apr 20045381,71234.475.86$28,575
Mar 20041791,76234.365.53$15,895
Feb 20043721,60532.455.51$20,914
Jan 20047332,24732.036.30$37,633
Dec 200301,02930.266.30$6,484
Nov 20033791,75928.804.60$18,998
Oct 20031801,67428.174.76$13,038
Sep 20035431,66026.314.75$22,170
Aug 20033612,23329.765.13$22,198
Jul 20035442,38529.415.17$28,331
Jun 20033491,61528.565.98$19,630
May 20031811,20126.595.97$11,986
Apr 20033601,97526.675.41$20,281
Mar 20033552,08631.146.10$23,771
Feb 20037142,20533.487.93$41,381
Jan 20031773,37730.315.58$24,215
Dec 200235378426.914.85$13,305
Nov 20025382,20524.664.14$22,389
Oct 20021782,20526.464.23$14,035
Sep 20025112,32827.443.64$22,485
Aug 20025212,15025.963.16$20,328
Jul 20021782,22124.583.06$11,175
Jun 20025312,27423.733.34$20,192
May 20023532,33624.663.58$17,077
Apr 20027082,57123.653.51$25,774
Mar 20023573,08322.003.10$17,420
Feb 20025381,90818.222.38$14,335
Jan 20025392,28817.172.38$14,690
Dec 20013581,82816.932.36$10,383
Nov 20013562,29718.072.41$11,958
Oct 20015332,21519.782.53$16,144
Sep 20013532,40824.262.25$13,985
Aug 20013522,39824.873.05$16,076
Jul 20013542,32423.933.20$15,901
Jun 20018922,45424.563.82$31,292
May 20015042,59025.524.31$24,018
Apr 20013592,74224.685.34$23,490
Mar 20013723,23624.545.38$26,527
Feb 20015372,44827.755.77$29,020
Jan 20015432,71727.478.40$37,736
Dec 20005512,85826.889.12$40,883
Nov 20005523,04632.215.66$35,014
Oct 20007112,78131.235.15$36,514
Sep 20001742,84131.875.19$20,280
Aug 20003513,03029.644.54$24,162
Jul 20006992,92228.534.09$31,893
Jun 20005313,27629.304.40$29,964
May 20007073,64427.263.68$32,682
Apr 20005433,08724.513.12$22,928
Mar 20007073,50328.422.86$30,111
Feb 20007163,32627.622.73$28,844
Jan 20005383,52825.272.48$22,346
Dec 19998833,73924.282.42$30,502
Nov 19997123,69123.192.43$25,495
Oct 19995333,60820.982.80$21,298
Sep 19997083,31521.752.62$24,080
Aug 19995344,47119.262.88$23,142
Jul 19997283,51117.892.37$21,353
Jun 19997093,45115.942.36$19,453
May 19991,0616,62215.792.32$32,123
Apr 19993544,07215.102.21$14,337
Mar 19991,4895,14412.471.84$28,024
Feb 19992552,6949.981.82$7,442
Jan 19990010.381.90$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.

May 2026 — as filed, then multipliedworked
Oil                  754 bbl  × $106.41 =    $80,233
Casinghead gas     4,491 Mcf  × $  3.05 =    $13,679

────────────────────────────────────────────────────
Month total                                  $93,912

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/O/13923 is the state's own key, not one this site invented.