GIBBS, HOMER

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) 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 215659District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Feb 2000 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
69 months not filed
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

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-07-31169376
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2 bbl$127
GasProduction846,628 Mcf$5,569,886
Total$5,570,013

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 33.0809, -97.2523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08094, -97.25229 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,870 ft
1 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.
1100.0%

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 7,870 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-121327253H7,870 ftJan 2006

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 (247)

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

247 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200136.972.48$2
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200216.921.81$4
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190253.112.30$5
Jul 2019044556.272.46$1,095
Jun 2019042252.782.49$1,051
May 2019041858.482.74$1,145
Apr 2019038762.632.75$1,065
Mar 2019038156.803.06$1,167
Feb 2019051450.852.79$1,435
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20161041.622.92$42
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
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 2015025842.892.93$757
Feb 2015029044.662.98$863
Jan 2015033443.433.10$1,036
Dec 2014020254.693.59$725
Nov 2014022670.464.25$961
Oct 2014022378.303.90$870
Sep 2014031686.164.05$1,278
Aug 201405289.394.04$210
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014017697.406.19$1,090
Jan 2014018790.404.86$909
Dec 2013022791.824.35$988
Nov 2013030188.853.74$1,125
Oct 2013023197.423.78$873
Sep 20130110104.113.72$409
Aug 2013099104.253.52$349
Jul 2013065102.523.72$242
Jun 201307994.403.93$311
May 201308594.834.15$353
Apr 201303793.964.28$158
Mar 2013011893.623.91$462
Feb 201309391.233.42$318
Jan 2013014891.603.42$506
Dec 2012010786.773.42$366
Nov 2012011186.953.62$402
Oct 2012027089.383.40$918
Sep 2012027994.672.92$814
Aug 201201,57092.662.91$4,566
Jul 201202,59785.133.02$7,845
Jun 201203,02879.822.52$7,628
May 201203,94791.612.49$9,821
Apr 201203,946101.652.00$7,879
Mar 201203,724105.052.22$8,275
Feb 201202,951101.102.57$7,585
Jan 201204,38198.092.73$11,978
Dec 201104,60896.873.24$14,929
Nov 201104,73795.723.31$15,686
Oct 201114,73184.983.65$17,346
Sep 201104,41683.623.99$17,601
Aug 201104,87283.404.15$20,215
Jul 201105,07494.144.52$22,920
Jun 201104,72892.904.64$21,937
May 201105,43098.134.40$23,918
Apr 201105,164105.964.33$22,377
Mar 201105,82296.364.06$23,622
Feb 201104,40685.644.18$18,417
Jan 201101,63386.504.59$7,493
Dec 2010019885.734.35$861
Nov 2010019080.843.80$721
Oct 201001,68378.103.51$5,905
Sep 2010065472.633.98$2,603
Aug 201002,89173.684.42$12,776
Jul 201004,08472.554.74$19,344
Jun 201004,87870.364.91$23,953
May 201004,70971.124.24$19,944
Apr 201005,51881.694.12$22,749
Mar 201006,66378.394.39$29,242
Feb 201006,79973.585.44$37,003
Jan 201001,19174.365.96$7,103
Dec 200904,53171.445.48$24,847
Nov 200906,23474.593.75$23,387
Oct 200907,20172.544.11$29,598
Sep 200907,14465.543.06$21,895
Aug 200907,41967.423.22$23,878
Jul 200904,52361.133.46$15,670
Jun 200906,58466.163.90$25,645
May 200907,73754.743.93$30,374
Apr 200903,55246.773.59$12,743
Mar 200907942.144.06$321
Feb 200905,53832.814.63$25,658
Jan 200907,73335.865.37$41,534
Dec 200806,53337.105.98$39,049
Nov 200808,25855.496.86$56,653
Oct 200808,74075.246.92$60,498
Sep 200809,430101.767.88$74,281
Aug 2008010,610114.228.48$90,005
Jul 200809,296131.0811.39$105,876
Jun 200806,269131.3313.03$81,702
May 200807,939123.1711.57$91,888
Apr 200807,068110.3110.45$73,895
Mar 2008010,267101.909.66$99,221
Feb 2008011,83192.538.77$103,765
Jan 2008014,44690.388.21$118,540
Dec 2007013,53688.337.30$98,839
Nov 2007011,44391.677.29$83,439
Oct 200708,84882.856.92$61,246
Sep 2007013,55475.846.24$84,633
Aug 2007013,51469.066.39$86,327
Jul 2007010,78570.906.39$68,894
Jun 2007014,34762.007.55$108,298
May 2007017,69958.747.85$138,871
Apr 2007017,45659.617.81$136,248
Mar 2007018,64556.927.30$136,145
Feb 2007019,22255.108.22$157,928
Jan 2007018,49350.306.73$124,400
Dec 2006019,86756.656.92$137,449
Nov 2006020,00854.207.62$152,411
Oct 2006024,68154.906.01$148,427
Sep 2006025,73160.085.04$129,612
Aug 2006026,91668.717.34$197,561
Jul 2006029,16269.376.34$184,968
Jun 2006030,95066.286.38$197,581
May 2006035,07466.016.42$225,350
Apr 2006037,22164.397.36$273,964
Mar 2006045,24456.707.08$320,460
Feb 2006042,04457.597.75$325,888
Jan 2006024,80760.598.93$221,609
Mar 20000028.422.86$0
Feb 20000027.622.73$0

Not filed, and not zero: Apr 2000 – Dec 2005 (69 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.97 =         $0
Gas                    1 Mcf  × $  2.48 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/215659 is the state's own key, not one this site invented.