GIBBS UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212018District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.6 M
Jul 2005 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
251
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition1,911 bbl$139,313
GasProduction1,290,245 Mcf$7,503,321
Total$7,642,634

Every month this lease reported (251)

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

251 months

May 20261155106.413.05$1,338
Apr 202605498.932.87$155
Mar 202604389.753.15$135
Feb 202604763.503.75$176
Jan 20260759.138.00$56
Dec 2025243756.664.41$1,523
Nov 2025025958.593.93$1,017
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025246763.933.01$1,736
Jul 202504566.743.32$149
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202507662.363.54$269
Mar 20250067.704.27$0
Feb 202509970.884.34$430
Jan 20253483274.324.28$6,087
Dec 202401,18268.993.12$3,689
Nov 202401,02369.052.20$2,249
Oct 2024141,73171.372.28$4,948
Sep 202401,52869.612.36$3,613
Aug 202401,44375.632.06$2,978
Jul 202401,00079.932.15$2,147
Jun 2024026578.082.63$698
May 202401,22478.812.20$2,691
Apr 2024171,14884.451.66$3,340
Mar 202401,69180.301.55$2,613
Feb 202401,55376.091.78$2,770
Jan 202401,70673.023.30$5,626
Dec 202301,58871.262.61$4,146
Nov 2023272,03577.892.81$7,816
Oct 202302,02885.443.09$6,261
Sep 2023080889.042.74$2,210
Aug 20230080.522.67$0
Jul 202338874.852.64$2,865
Jun 202301,13768.962.26$2,568
May 2023012770.622.23$283
Apr 20230078.122.24$0
Mar 202301,56572.852.39$3,745
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202201476.415.73$80
Nov 202229085.005.65$2,465
Oct 20220087.185.86$0
Sep 202201884.888.16$147
Aug 202203894.529.13$347
Jul 2022033101.587.54$249
Jun 2022932115.097.98$1,291
May 2022033109.378.43$278
Apr 202203104.226.84$21
Mar 2022058108.885.08$294
Feb 202201,20591.054.86$5,855
Jan 2022201,84081.844.54$9,986
Dec 202101,93871.323.90$7,556
Nov 202101,32577.435.24$6,939
Oct 202101,59079.795.71$9,085
Sep 2021111,20969.865.35$7,238
Aug 202101,32066.024.22$5,571
Jul 2021015070.783.98$597
Jun 202104369.493.38$145
May 2021020563.483.02$619
Apr 202101,85660.362.76$5,120
Mar 202101,07261.302.72$2,913
Feb 2021074557.805.55$4,133
Jan 202101,66150.412.81$4,668
Dec 2020142,26144.642.68$6,674
Nov 202002,47238.772.71$6,691
Oct 202002,41536.972.48$5,985
Sep 202002,28137.091.99$4,542
Aug 202002,07939.982.39$4,959
Jul 202002,60138.371.83$4,747
Jun 202002,14634.901.69$3,627
May 202002,04216.921.81$3,706
Apr 202002,02414.751.80$3,652
Mar 202002,20730.341.86$4,097
Feb 2020152,05449.881.98$4,817
Jan 202002,18757.252.09$4,581
Dec 201902,18259.012.30$5,028
Nov 201902,30855.302.75$6,349
Oct 201902,35853.472.42$5,703
Sep 201902,06855.052.66$5,495
Aug 2019102,17853.112.30$5,550
Jul 201901,91456.272.46$4,709
Jun 201901,99252.782.49$4,962
May 2019122,27658.482.74$6,939
Apr 201902,21962.632.75$6,104
Mar 201902,39556.803.06$7,334
Feb 201902,22350.852.79$6,207
Jan 2019122,50446.033.23$8,636
Dec 201802,76046.594.19$11,552
Nov 201802,84252.934.24$12,042
Oct 201802,90361.443.40$9,865
Sep 2018122,74759.543.11$9,252
Aug 201802,83659.403.07$8,697
Jul 201802,67565.142.93$7,843
Jun 201802,88560.183.08$8,877
May 201803,16265.382.90$9,172
Apr 201892,92063.842.90$9,045
Mar 201804,39461.222.79$12,245
Feb 201803,79361.782.77$10,492
Jan 201803,18362.874.01$12,762
Dec 201703,48257.272.92$10,173
Nov 2017113,41855.423.12$11,268
Oct 201703,75349.292.98$11,198
Sep 201703,73647.523.09$11,534
Aug 201704,59145.373.00$13,793
Jul 201704,84743.873.09$14,964
Jun 2017264,99342.493.09$16,520
May 201705,35645.373.26$17,479
Apr 201705,32347.933.21$17,095
Mar 201705,20246.772.98$15,521
Feb 201705,49050.452.95$16,210
Jan 2017187,29349.413.42$25,823
Dec 201604,30748.763.72$16,034
Nov 201605,00842.492.64$13,243
Oct 201603,45546.193.09$10,677
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201619036.561.99$695
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201414,10754.693.59$14,804
Nov 201404,90670.464.25$20,860
Oct 201404,64578.303.90$18,120
Sep 201403,89386.164.05$15,749
Aug 201404,08189.394.04$16,467
Jul 201404,38396.564.18$18,319
Jun 2014924,62598.164.74$30,939
May 201405,76994.734.73$27,268
Apr 201405,75795.944.81$27,686
Mar 2014135,48995.895.06$29,003
Feb 201406,97597.406.19$43,189
Jan 201408,21590.404.86$39,931
Dec 201307,51491.824.35$32,720
Nov 2013126,93088.853.74$26,972
Oct 201307,71397.423.78$29,150
Sep 201306,310104.113.72$23,459
Aug 201305,621104.253.52$19,801
Jul 201305,266102.523.72$19,578
Jun 201336,60794.403.93$26,271
May 201304,45494.834.15$18,480
Apr 201315,39293.964.28$23,186
Mar 201305,84893.623.91$22,882
Feb 2013215,19891.233.42$19,693
Jan 201304,91091.603.42$16,792
Dec 201203,77986.773.42$12,925
Nov 201203,43486.953.62$12,448
Oct 201204,39989.383.40$14,955
Sep 201205,79494.672.92$16,909
Aug 201206,36692.662.91$18,513
Jul 201205,52385.133.02$16,684
Jun 201208,87379.822.52$22,351
May 2012010,13491.612.49$25,217
Apr 201209,830101.652.00$19,629
Mar 201209,283105.052.22$20,628
Feb 2012758,809101.102.57$30,224
Jan 201227,48898.092.73$20,669
Dec 201117,14396.873.24$23,238
Nov 201106,41795.723.31$21,248
Oct 201105,47484.983.65$19,972
Sep 201107,25983.623.99$28,933
Aug 201109,48483.404.15$39,352
Jul 2011338,41294.144.52$41,106
Jun 2011410,68592.904.64$49,949
May 201109,06698.134.40$39,934
Apr 201108,701105.964.33$37,704
Mar 20110096.364.06$0
Feb 20110185.644.18$4
Jan 201129,60286.504.59$44,234
Dec 20101319,42085.734.35$52,186
Nov 201028,57780.843.80$32,714
Oct 201008,70878.103.51$30,555
Sep 201004,85672.633.98$19,324
Aug 2010419,30373.684.42$44,134
Jul 201009,39772.554.74$44,509
Jun 2010110,41870.364.91$51,227
May 2010014,94571.124.24$63,295
Apr 2010014,61881.694.12$60,265
Mar 20105115,30178.394.39$71,149
Feb 201007,75573.585.44$42,206
Jan 201009,58174.365.96$57,142
Dec 200909,99571.445.48$54,810
Nov 2009010,04274.593.75$37,673
Oct 200908,83472.544.11$36,310
Sep 2009011,75265.543.06$36,017
Aug 20091810,68267.423.22$35,594
Jul 2009011,42161.133.46$39,568
Jun 2009111,39966.163.90$44,465
May 2009611,66854.743.93$46,134
Apr 200908,82246.773.59$31,649
Mar 2009011,85942.144.06$48,136
Feb 2009727,53432.814.63$37,267
Jan 200905,19235.865.37$27,886
Dec 200812,44037.105.98$14,621
Nov 20085755.496.86$325
Oct 20084475.246.92$329
Sep 200833101.767.88$329
Aug 200801,877114.228.48$15,923
Jul 2008010,437131.0811.39$118,871
Jun 200818,694131.3313.03$113,437
May 200807123.1711.57$81
Apr 20081639,922110.3110.45$121,714
Mar 2008111,960101.909.66$115,684
Feb 2008010,27192.538.77$90,083
Jan 2008012,56990.388.21$103,138
Dec 2007011,87988.337.30$86,740
Nov 200709,19691.677.29$67,054
Oct 200709,69582.856.92$67,109
Sep 200707,82875.846.24$48,879
Aug 2007016,80969.066.39$107,375
Jul 200703,41070.906.39$21,783
Jun 200704,33562.007.55$32,723
May 200707,29458.747.85$57,231
Apr 2007012,00659.617.81$93,709
Mar 2007013,34956.927.30$97,474
Feb 2007012,91155.108.22$106,077
Jan 2007013,62750.306.73$91,667
Dec 2006011,16456.656.92$77,237
Nov 200607,36554.207.62$56,103
Oct 200611913,07854.906.01$85,182
Sep 2006014,32860.085.04$72,173
Aug 2006017,10468.717.34$125,542
Jul 2006015,65269.376.34$99,277
Jun 200616516,06466.286.38$113,487
May 2006016,93866.016.42$108,827
Apr 200613316,90864.397.36$133,015
Mar 2006019,25856.707.08$136,403
Feb 2006016,73157.597.75$129,684
Jan 200610421,16860.598.93$195,402
Dec 2005022,53754.9413.42$302,343
Nov 20058024,08054.6910.59$259,344
Oct 2005027,80358.3413.80$383,564
Sep 200513332,07961.4512.08$395,655
Aug 2005042,47861.519.80$416,150
Jul 2005018,79855.697.84$147,445

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
Condensate            11 bbl  × $106.41 =     $1,171
Gas                   55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                   $1,338

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. 09/G/212018 is the state's own key, not one this site invented.