GIBSON UNIT A 28-21

Operated by APACHE CORPORATION (P-5 27200) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50974District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$49.4 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
94
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition772,133 bbl$46,154,403
Casinghead gasProduction1,031,838 Mcf$3,202,354
Total$49,356,757

Wells on this lease (2)

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 32.5244, -101.6275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.52439, -101.62750 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,135 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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

Between 8,134 and 8,135 ft, median 8,135 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2018
2 of 2 wells

2 wells

42-227394758AH8,134 ftAug 2018
42-227395087AH8,135 ftAug 2018

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 (94)

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

94 months

May 20261,6748,259106.413.05$203,286
Apr 20261,7988,41298.932.87$202,016
Mar 20262,0108,76689.753.15$208,005
Feb 20262,1138,80763.503.75$167,205
Jan 20262,2689,25559.138.00$208,128
Dec 20252,3959,25256.664.41$176,533
Nov 20252,3749,02658.593.93$174,533
Oct 20251,8716,49759.383.30$132,572
Sep 20251,7235,72162.743.08$125,704
Aug 20252,5948,41663.933.01$191,207
Jul 20252,8048,73166.743.32$216,084
Jun 20252,7608,61766.483.13$210,445
May 20252,4348,15860.553.23$173,748
Apr 20252,7337,96662.363.54$198,654
Mar 20251,9964,62367.704.27$154,862
Feb 20252,1874,52470.884.34$174,653
Jan 20253,2266,45574.324.28$267,375
Dec 20244,4728,64168.993.12$335,495
Nov 20244,3107,73869.052.20$314,617
Oct 20244,1107,86871.372.28$311,281
Sep 20243,1626,63269.612.36$235,787
Aug 20243,9727,27375.632.06$315,411
Jul 20244,2327,05679.932.15$353,410
Jun 20244,3977,59078.082.63$363,310
May 20244,5137,53378.812.20$372,230
Apr 20244,4687,17584.451.66$389,227
Mar 20244,4717,34580.301.55$370,370
Feb 20244,0206,14576.091.78$316,842
Jan 20244,5228,35473.023.30$357,745
Dec 20234,4976,96471.262.61$338,637
Nov 20234,5197,85077.892.81$374,024
Oct 20234,0197,55085.443.09$366,692
Sep 20234,7728,96089.042.74$449,405
Aug 20234,8679,32280.522.67$416,807
Jul 20235,19110,20774.852.64$415,511
Jun 20235,29210,54668.962.26$388,754
May 20235,28610,00470.622.23$395,580
Apr 20235,3919,50378.122.24$442,410
Mar 20235,75610,31872.852.39$444,017
Feb 20235,40910,84475.112.47$433,008
Jan 20235,53410,43576.533.39$458,868
Dec 20226,05010,96876.415.73$525,117
Nov 20225,93610,67385.005.65$564,822
Oct 20225,3586,86387.185.86$507,353
Sep 20225,1126,09284.888.16$483,640
Aug 20224,3443,86394.529.13$445,853
Jul 20223,1112,108101.587.54$331,914
Jun 20224,2763,596115.097.98$520,811
May 20225,3244,958109.378.43$624,097
Apr 20225,1494,110104.226.84$564,731
Mar 20225,1314,041108.885.08$579,177
Feb 20224,2443,07191.054.86$401,338
Jan 20223,31272581.844.54$274,344
Dec 20214,9692,17471.323.90$362,866
Nov 20214682,47977.435.24$49,219
Oct 20213892,69879.795.71$46,454
Sep 202149069.865.35$3,423
Aug 202162823866.024.22$42,465
Jul 202142541270.783.98$31,722
Jun 20215,28810,12469.493.38$401,689
May 20216,87311,09363.483.02$469,773
Apr 20213,8815,88260.362.76$250,482
Mar 20216,3439,60461.302.72$414,919
Feb 20213,8686,84357.805.55$261,535
Jan 20215,94010,37350.412.81$328,586
Dec 20206,40511,83544.642.68$317,583
Nov 20207,47615,84038.772.71$332,717
Oct 20207,66413,94636.972.48$317,902
Sep 20207,37713,66337.091.99$300,817
Aug 20208,14414,99439.982.39$361,359
Jul 20208,68616,22638.371.83$362,896
Jun 20209,01215,97634.901.69$341,523
May 20209,35517,53816.921.81$190,114
Apr 20209,43214,92814.751.80$166,058
Mar 202010,26913,69230.341.86$336,977
Feb 20208,06111,32049.881.98$424,504
Jan 20207,69713,44857.252.09$468,823
Dec 20197,44613,25159.012.30$469,924
Nov 201911,58517,66455.302.75$689,239
Oct 201913,04018,48153.472.42$741,946
Sep 201913,37821,08855.052.66$792,496
Aug 201913,83919,13053.112.30$779,072
Jul 201914,09319,76556.272.46$841,636
Jun 201915,74225,12552.782.49$893,454
May 201920,95825,36058.482.74$1,295,118
Apr 201925,11421,40262.632.75$1,631,760
Mar 201928,18321,65556.803.06$1,667,104
Feb 201926,46120,14350.852.79$1,401,786
Jan 201930,53224,89846.033.23$1,485,763
Dec 201837,43930,53846.594.19$1,872,098
Nov 201841,09028,85252.934.24$2,297,147
Oct 201843,64928,43561.443.40$2,778,419
Sep 201862,71645,06959.543.11$3,874,185
Aug 201820,68021,25059.403.07$1,293,556

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                1,674 bbl  × $106.41 =   $178,130
Casinghead gas     8,259 Mcf  × $  3.05 =    $25,156

────────────────────────────────────────────────────
Month total                                 $203,286

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. 08/O/50974 is the state's own key, not one this site invented.