GIBBS UNIT

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 224766District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Jan 2006 – May 2026
Value, last 12 filed months
$120 k
at the published price for each month
Months reported
245
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

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 Gas112007-06-18175315
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
CondensateDisposition16 bbl$1,268
GasProduction2,381,740 Mcf$12,376,981
Total$12,378,249

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 33.0635, -97.2571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06348, -97.25713 · 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
9,823 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 9,823 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-121326445H9,823 ftMar 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 (245)

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

245 months

May 202602,775106.413.05$8,452
Apr 202602,72198.932.87$7,809
Mar 202602,83789.753.15$8,935
Feb 202602,13463.503.75$8,003
Jan 202602,65759.138.00$21,250
Dec 202502,72956.664.41$12,044
Nov 202502,52458.593.93$9,910
Oct 202503,08359.383.30$10,189
Sep 202502,83062.743.08$8,708
Aug 202502,72163.933.01$8,203
Jul 202502,63866.743.32$8,746
Jun 202502,62866.483.13$8,222
May 202502,83460.553.23$9,160
Apr 202502,86162.363.54$10,137
Mar 202503,22067.704.27$13,744
Feb 202502,84270.884.34$12,337
Jan 202503,20874.324.28$13,726
Dec 202403,25768.993.12$10,166
Nov 202403,04869.052.20$6,701
Oct 202402,86171.372.28$6,527
Sep 202402,88069.612.36$6,809
Aug 202402,96875.632.06$6,125
Jul 202402,96879.932.15$6,371
Jun 202402,84578.082.63$7,494
May 202402,74478.812.20$6,033
Apr 202402,85184.451.66$4,730
Mar 202402,96280.301.55$4,577
Feb 202402,64876.091.78$4,723
Jan 202402,88873.023.30$9,524
Dec 202302,89171.262.61$7,548
Nov 202302,74777.892.81$7,712
Oct 202302,80385.443.09$8,654
Sep 202302,96489.042.74$8,107
Aug 202303,28580.522.67$8,780
Jul 202303,15674.852.64$8,338
Jun 202303,34468.962.26$7,552
May 202303,41270.622.23$7,600
Apr 202303,00978.122.24$6,733
Mar 202303,26872.852.39$7,821
Feb 202303,26275.112.47$8,043
Jan 202303,06476.533.39$10,380
Dec 202203,31176.415.73$18,969
Nov 202202,24385.005.65$12,664
Oct 202202,50787.185.86$14,700
Sep 202202,50784.888.16$20,466
Aug 202202,76794.529.13$25,255
Jul 202202,521101.587.54$19,014
Jun 202202,877115.097.98$22,950
May 202202,903109.378.43$24,481
Apr 202203,155104.226.84$21,573
Mar 202202,885108.885.08$14,645
Feb 202203,34691.054.86$16,258
Jan 202203,72081.844.54$16,880
Dec 202103,67571.323.90$14,329
Nov 202103,55477.435.24$18,612
Oct 202103,66979.795.71$20,964
Sep 202101,19469.865.35$6,389
Aug 2021098266.024.22$4,145
Jul 202101,32970.783.98$5,292
Jun 202101,48669.493.38$5,024
May 202103,54163.483.02$10,686
Apr 202105,08560.362.76$14,027
Mar 202106,39661.302.72$17,378
Feb 202103,37457.805.55$18,719
Jan 202104,03550.412.81$11,339
Dec 202004,10744.642.68$10,988
Nov 202003,98438.772.71$10,783
Oct 202006,02236.972.48$14,925
Sep 2020014,98537.091.99$29,836
Aug 202004,19039.982.39$9,994
Jul 202007,07238.371.83$12,907
Jun 202009,47934.901.69$16,022
May 202009,39416.921.81$17,048
Apr 202007,53014.751.80$13,587
Mar 2020013,34230.341.86$24,766
Feb 202004,43049.881.98$8,774
Jan 202005,63657.252.09$11,806
Dec 201902,44359.012.30$5,630
Nov 201902,49655.302.75$6,866
Oct 201902,25653.472.42$5,456
Sep 201902,20655.052.66$5,862
Aug 201902,21953.112.30$5,113
Jul 201902,43456.272.46$5,988
Jun 201901,86552.782.49$4,646
May 201904,10358.482.74$11,244
Apr 201904,21662.632.75$11,597
Mar 201903,96956.803.06$12,153
Feb 201903,87250.852.79$10,811
Jan 201904,27246.033.23$13,791
Dec 201805,21746.594.19$21,835
Nov 201806,04952.934.24$25,631
Oct 201804,66661.443.40$15,855
Sep 201804,39159.543.11$13,647
Aug 201804,53359.403.07$13,901
Jul 201804,30165.142.93$12,610
Jun 201803,61660.183.08$11,126
May 201805,05865.382.90$14,672
Apr 201804,90163.842.90$14,217
Mar 201805,66061.222.79$15,774
Feb 201805,29761.782.77$14,652
Jan 201805,97162.874.01$23,940
Dec 201705,93457.272.92$17,336
Nov 201705,71855.423.12$17,831
Oct 201705,84649.292.98$17,443
Sep 201705,65447.523.09$17,455
Aug 201705,71845.373.00$17,179
Jul 201705,75043.873.09$17,752
Jun 201704,86542.493.09$15,020
May 201705,45245.373.26$17,792
Apr 201705,87247.933.21$18,859
Mar 201705,60546.772.98$16,724
Feb 201705,62750.452.95$16,614
Jan 201706,06049.413.42$20,718
Dec 201606,69348.763.72$24,917
Nov 201606,42642.492.64$16,993
Oct 201606,42146.193.09$19,843
Sep 201616,57141.553.10$20,416
Aug 201606,72641.442.92$19,669
Jul 201606,96741.622.92$20,374
Jun 201606,93845.352.69$18,634
May 201617,10942.521.99$14,197
Apr 201607,54836.561.99$15,028
Mar 201607,74133.011.79$13,887
Feb 201617,22826.472.06$14,942
Jan 201607,74127.352.36$18,303
Dec 201507,75932.362.00$15,529
Nov 201507,43438.792.17$16,112
Oct 201506,19743.552.43$15,038
Sep 201506,50442.992.76$17,941
Aug 201506,63340.162.87$19,053
Jul 201507,09948.152.95$20,907
Jun 201507,30356.152.88$21,054
May 201507,55655.212.96$22,331
Apr 201507,30249.822.71$19,763
Mar 201507,28942.892.93$21,391
Feb 201506,69444.662.98$19,923
Jan 201507,46243.433.10$23,137
Dec 201417,49554.693.59$26,972
Nov 201407,31670.464.25$31,106
Oct 201427,48678.303.90$29,359
Sep 201407,60886.164.05$30,778
Aug 201407,88089.394.04$31,797
Jul 201427,70596.564.18$32,397
Jun 201407,26998.164.74$34,432
May 201407,75794.734.73$36,664
Apr 201407,12295.944.81$34,251
Mar 201408,08895.895.06$40,899
Feb 201407,27797.406.19$45,059
Jan 201407,61290.404.86$37,000
Dec 201307,47391.824.35$32,541
Nov 201307,93188.853.74$29,648
Oct 201308,41197.423.78$31,788
Sep 201307,902104.113.72$29,378
Aug 201308,234104.253.52$29,005
Jul 201308,199102.523.72$30,482
Jun 201328,11894.403.93$32,120
May 201308,32394.834.15$34,533
Apr 201308,09793.964.28$34,676
Mar 201308,38793.623.91$32,817
Feb 201307,57891.233.42$25,916
Jan 201308,22091.603.42$28,112
Dec 201206,73186.773.42$23,021
Nov 201208,10486.953.62$29,377
Oct 201208,65989.383.40$29,438
Sep 201208,38894.672.92$24,480
Aug 201208,72592.662.91$25,374
Jul 201208,91185.133.02$26,918
Jun 201208,71579.822.52$21,953
May 201209,09991.612.49$22,641
Apr 201208,523101.652.00$17,019
Mar 201209,277105.052.22$20,614
Feb 201208,709101.102.57$22,384
Jan 201239,41698.092.73$26,038
Dec 201107,44996.873.24$24,133
Nov 2011010,78095.723.31$35,696
Oct 201106,57284.983.65$23,978
Sep 201106,38283.623.99$25,437
Aug 201105,23183.404.15$21,705
Jul 201108,66094.144.52$39,119
Jun 2011010,17492.904.64$47,206
May 2011211,14098.134.40$49,266
Apr 2011010,023105.964.33$43,432
Mar 2011011,47096.364.06$46,538
Feb 2011010,50685.644.18$43,915
Jan 2011011,80686.504.59$54,175
Dec 2010012,11385.734.35$52,664
Nov 2010011,94480.843.80$45,331
Oct 2010012,49478.103.51$43,840
Sep 201009,37072.633.98$37,288
Aug 201019,72773.684.42$43,061
Jul 2010014,29872.554.74$67,722
Jun 2010014,28970.364.91$70,165
May 2010015,07971.124.24$63,863
Apr 2010013,40381.694.12$55,256
Mar 2010013,70078.394.39$60,125
Feb 2010011,18673.585.44$60,878
Jan 2010013,43374.365.96$80,116
Dec 2009013,95371.445.48$76,515
Nov 2009015,15174.593.75$56,839
Oct 2009016,20772.544.11$66,615
Sep 2009015,44665.543.06$47,338
Aug 2009012,50867.423.22$40,257
Jul 2009013,25061.133.46$45,905
Jun 2009012,94066.163.90$50,401
May 2009013,85654.743.93$54,395
Apr 2009012,56646.773.59$45,081
Mar 2009011,61142.144.06$47,129
Feb 2009010,97632.814.63$50,852
Jan 2009013,80835.865.37$74,163
Dec 2008012,69237.105.98$75,862
Nov 2008013,89655.496.86$95,332
Oct 2008014,86175.246.92$102,868
Sep 2008015,656101.767.88$123,324
Aug 2008017,259114.228.48$146,408
Jul 2008016,487131.0811.39$187,778
Jun 2008015,529131.3313.03$202,384
May 2008017,187123.1711.57$198,927
Apr 2008015,401110.3110.45$161,015
Mar 2008017,830101.909.66$172,310
Feb 2008018,41192.538.77$161,475
Jan 2008019,28190.388.21$158,215
Dec 2007021,33888.337.30$155,809
Nov 2007021,38891.677.29$155,955
Oct 2007023,33982.856.92$161,552
Sep 2007022,51175.846.24$140,562
Aug 2007025,26469.066.39$161,385
Jul 2007026,98070.906.39$172,347
Jun 2007025,51062.007.55$192,561
May 2007018,81058.747.85$147,589
Apr 2007033,00559.617.81$257,611
Mar 2007036,45856.927.30$266,215
Feb 2007035,18955.108.22$289,113
Jan 2007040,95550.306.73$275,498
Dec 2006043,40256.656.92$300,274
Nov 2006043,53754.207.62$331,642
Oct 2006046,91454.906.01$282,131
Sep 2006050,87960.085.04$256,288
Aug 2006050,04968.717.34$367,356
Jul 2006062,03869.376.34$393,492
Jun 2006065,49266.286.38$418,093
May 2006066,92266.016.42$429,974
Apr 2006067,52764.397.36$497,031
Mar 2006029,44456.707.08$208,550
Feb 20060057.597.75$0
Jan 20060060.598.93$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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,775 Mcf  × $  3.05 =     $8,452

────────────────────────────────────────────────────
Month total                                   $8,452

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/224766 is the state's own key, not one this site invented.