GIBSON UNIT 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 51030District 08Field 85280300OilCasinghead gasSave
Value, all time
$150.1 M
Aug 2018 – May 2026
Value, last 12 filed months
$8.1 M
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,818,817 bbl$135,906,812
Casinghead gasProduction3,478,020 Mcf$14,160,689
Total$150,067,500

Wells on this lease (7)

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 32.5231, -101.6342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.52303, -101.63401 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
8,167 ft
7 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.
7100.0%

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 7,796 and 8,210 ft, median 8,167 ft, over the 7 wells that filed a depth.

Completions filed
Aug 2018 – Aug 2021
7 of 7 wells

7 wells

42-2274094811SH7,828 ftAug 2021
42-227409473AH8,210 ftAug 2021
42-227406984AH8,186 ftAug 2021
42-2274069912SH7,809 ftAug 2021
42-227407005AH8,167 ftAug 2021
42-2274070113SH7,796 ftAug 2021
42-227395236AH8,171 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 20266,11532,271106.413.05$748,989
Apr 20266,48033,13798.932.87$736,160
Mar 20267,97638,71089.753.15$837,761
Feb 20267,38933,89563.503.75$596,319
Jan 20268,16337,08659.138.00$779,289
Dec 20258,38538,52556.664.41$645,119
Nov 20258,04737,89458.593.93$620,262
Oct 20258,17737,10059.383.30$608,160
Sep 20258,00834,83462.743.08$609,603
Aug 20258,38635,12763.933.01$642,016
Jul 20258,55335,81366.743.32$689,554
Jun 20257,88534,57366.483.13$632,364
May 20256,20831,40560.553.23$477,405
Apr 20257,42931,24362.363.54$573,970
Mar 20257,93832,93267.704.27$677,967
Feb 20257,86030,99170.884.34$691,644
Jan 202510,56040,61074.324.28$958,576
Dec 202412,09547,12368.993.12$981,522
Nov 202411,71643,93069.052.20$905,567
Oct 202412,02047,54071.372.28$966,325
Sep 20248,70839,34669.612.36$699,192
Aug 20249,02841,86975.632.06$769,190
Jul 20249,30741,14379.932.15$832,226
Jun 20248,81838,31178.082.63$789,420
May 202411,08444,84878.812.20$972,126
Apr 202410,58645,35184.451.66$969,234
Mar 202410,83145,78580.301.55$940,473
Feb 202412,13949,53776.091.78$1,012,013
Jan 202414,33453,66173.023.30$1,223,624
Dec 202315,34156,28871.262.61$1,240,152
Nov 202315,28055,38377.892.81$1,345,650
Oct 202316,27960,85885.443.09$1,578,763
Sep 202317,96565,54489.042.74$1,778,869
Aug 202319,08068,11980.522.67$1,718,396
Jul 202318,89960,78274.852.64$1,575,164
Jun 202321,47164,72568.962.26$1,626,820
May 202322,07963,04870.622.23$1,699,652
Apr 202320,81759,44078.122.24$1,759,236
Mar 202320,18161,85972.852.39$1,618,224
Feb 202320,28258,01575.112.47$1,666,427
Jan 202322,52362,37676.533.39$1,934,998
Dec 202224,52863,15776.415.73$2,236,016
Nov 202223,80260,51985.005.65$2,364,872
Oct 202225,79366,80187.185.86$2,640,339
Sep 202229,49672,47784.888.16$3,095,300
Aug 202232,28480,86794.529.13$3,789,570
Jul 202236,14982,548101.587.54$4,294,599
Jun 202236,03477,103115.097.98$4,762,219
May 202238,53277,425109.378.43$4,867,173
Apr 202244,87885,656104.226.84$5,262,867
Mar 202252,52384,989108.885.08$6,150,142
Feb 202253,56277,45891.054.86$5,253,176
Jan 202275,82093,72181.844.54$6,630,385
Dec 202187,79094,42371.323.90$6,629,349
Nov 2021104,60585,31177.435.24$8,546,326
Oct 2021121,06469,54579.795.71$10,057,068
Sep 202185,70448,09869.865.35$6,244,650
Aug 202120,77212,81666.024.22$1,425,459
Jul 202190070.783.98$6,370
Jun 20212,1822,52669.493.38$160,167
May 20213,5433,76563.483.02$236,271
Apr 20213,7143,95360.362.76$235,081
Mar 20213,5523,60661.302.72$227,535
Feb 20213,4454,77357.805.55$225,601
Jan 20215,7266,77650.412.81$307,690
Dec 20205,8836,63344.642.68$280,363
Nov 20205,9086,60738.772.71$246,935
Oct 20205,7265,75736.972.48$225,959
Sep 20206,4106,35037.091.99$250,390
Aug 20206,5355,76139.982.39$275,010
Jul 20206,0954,88738.371.83$242,785
Jun 20201,11262134.901.69$39,858
May 20206,3129,69116.921.81$124,386
Apr 20209,53312,85414.751.80$163,805
Mar 20205,9997,07430.341.86$195,141
Feb 20208,8109,36049.881.98$457,982
Jan 20209,91010,48957.252.09$589,319
Dec 20196,6046,66959.012.30$405,070
Nov 20199,90310,83555.302.75$577,440
Oct 201910,74811,87853.472.42$603,423
Sep 201910,48812,49955.052.66$610,578
Aug 201911,22913,64153.112.30$627,806
Jul 201911,91515,29656.272.46$708,086
Jun 201912,91014,53952.782.49$717,609
May 201914,67315,30258.482.74$900,009
Apr 201917,37316,33762.632.75$1,133,009
Mar 201919,37716,50756.803.06$1,151,160
Feb 201918,18215,49150.852.79$967,809
Jan 201922,46019,37046.033.23$1,096,364
Dec 201826,51618,55946.594.19$1,313,058
Nov 201824,50914,21252.934.24$1,357,481
Oct 201835,90718,90761.443.40$2,270,374
Sep 201856,29727,38559.543.11$3,437,036
Aug 201821,48315,16959.403.07$1,322,607

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                6,115 bbl  × $106.41 =   $650,697
Casinghead gas    32,271 Mcf  × $  3.05 =    $98,292

────────────────────────────────────────────────────
Month total                                 $748,989

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/51030 is the state's own key, not one this site invented.