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 224851District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Feb 2006 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
244
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 Gas112007-06-18175313
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
CondensateDisposition11 bbl$841
GasProduction2,062,937 Mcf$10,525,444
Total$10,526,285

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 33.0648, -97.2521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06483, -97.25210 · 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
7,725 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 7,725 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-121326604H7,725 ftFeb 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 (244)

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

244 months

May 202603,062106.413.05$9,326
Apr 202603,10598.932.87$8,910
Mar 202603,18189.753.15$10,018
Feb 202604,53363.503.75$17,000
Jan 202602,98359.138.00$23,858
Dec 202503,56356.664.41$15,725
Nov 202503,20358.593.93$12,576
Oct 202503,68959.383.30$12,192
Sep 202503,25862.743.08$10,025
Aug 202503,21463.933.01$9,689
Jul 202503,24566.743.32$10,758
Jun 202503,32166.483.13$10,390
May 202503,32960.553.23$10,760
Apr 202503,15462.363.54$11,175
Mar 202503,44167.704.27$14,687
Feb 202503,15870.884.34$13,708
Jan 202503,64874.324.28$15,609
Dec 202403,60768.993.12$11,259
Nov 202403,45169.052.20$7,587
Oct 202403,57071.372.28$8,145
Sep 202403,71969.612.36$8,793
Aug 202403,46175.632.06$7,142
Jul 202403,46179.932.15$7,429
Jun 202403,47978.082.63$9,164
May 202403,46178.812.20$7,609
Apr 202403,42284.451.66$5,678
Mar 202403,42680.301.55$5,294
Feb 202402,95976.091.78$5,278
Jan 202403,43673.023.30$11,331
Dec 202303,31971.262.61$8,665
Nov 202303,13177.892.81$8,790
Oct 202303,39185.443.09$10,469
Sep 202303,04289.042.74$8,320
Aug 202303,10980.522.67$8,310
Jul 202303,29674.852.64$8,707
Jun 202303,19568.962.26$7,216
May 202303,58370.622.23$7,981
Apr 202303,24978.122.24$7,270
Mar 202303,32572.852.39$7,957
Feb 202303,45475.112.47$8,516
Jan 202305,93276.533.39$20,096
Dec 202203,16376.415.73$18,121
Nov 202203,17985.005.65$17,949
Oct 202203,17087.185.86$18,588
Sep 202203,51784.888.16$28,712
Aug 202203,52694.529.13$32,182
Jul 202203,323101.587.54$25,062
Jun 202203,497115.097.98$27,896
May 202203,050109.378.43$25,721
Apr 202202,827104.226.84$19,330
Mar 202207,831108.885.08$39,753
Feb 202203,18891.054.86$15,490
Jan 202203,45381.844.54$15,669
Dec 202103,60771.323.90$14,064
Nov 202103,54177.435.24$18,544
Oct 202103,61679.795.71$20,661
Sep 202103,17469.865.35$16,984
Aug 202104,12966.024.22$17,427
Jul 202104,24270.783.98$16,892
Jun 202104,08569.493.38$13,810
May 202104,36863.483.02$13,181
Apr 202104,32760.362.76$11,936
Mar 202104,69961.302.72$12,767
Feb 202103,90757.805.55$21,676
Jan 202104,76250.412.81$13,383
Dec 202004,83644.642.68$12,939
Nov 202004,71238.772.71$12,753
Oct 202004,78736.972.48$11,864
Sep 202004,76237.091.99$9,481
Aug 202004,97239.982.39$11,859
Jul 202005,09638.371.83$9,301
Jun 202004,96334.901.69$8,389
May 202004,27416.921.81$7,756
Apr 202003,77114.751.80$6,804
Mar 202004,63130.341.86$8,596
Feb 202004,62349.881.98$9,157
Jan 202004,41757.252.09$9,252
Dec 201904,13159.012.30$9,519
Nov 201904,93255.302.75$13,566
Oct 201902,74353.472.42$6,634
Sep 201905,03055.052.66$13,366
Aug 201905,24353.112.30$12,082
Jul 201905,91856.272.46$14,559
Jun 201905,24752.782.49$13,071
May 201905,48958.482.74$15,042
Apr 201905,72662.632.75$15,751
Mar 201905,91056.803.06$18,097
Feb 201905,40250.852.79$15,084
Jan 201906,55646.033.23$21,164
Dec 201806,04046.594.19$25,280
Nov 201805,85052.934.24$24,788
Oct 201806,14961.443.40$20,895
Sep 201805,59559.543.11$17,389
Aug 201805,59259.403.07$17,148
Jul 201805,48965.142.93$16,093
Jun 201805,38560.183.08$16,569
May 201805,63865.382.90$16,355
Apr 201805,03163.842.90$14,594
Mar 201805,22861.222.79$14,570
Feb 201804,51761.782.77$12,495
Jan 201805,84162.874.01$23,418
Dec 201705,23357.272.92$15,288
Nov 201705,06255.423.12$15,785
Oct 201705,23049.292.98$15,605
Sep 201705,13847.523.09$15,862
Aug 201705,34645.373.00$16,062
Jul 201705,31243.873.09$16,400
Jun 201705,30742.493.09$16,384
May 201705,36845.373.26$17,518
Apr 201704,74547.933.21$15,239
Mar 201704,62746.772.98$13,805
Feb 201704,60950.452.95$13,609
Jan 201705,05849.413.42$17,292
Dec 201604,18248.763.72$15,569
Nov 201605,28042.492.64$13,962
Oct 201606,42946.193.09$19,867
Sep 201615,16441.553.10$16,053
Aug 201605,38741.442.92$15,753
Jul 201605,32741.622.92$15,578
Jun 201615,57845.352.69$15,027
May 201616,03542.521.99$12,058
Apr 201606,17236.561.99$12,289
Mar 201607,51333.011.79$13,478
Feb 201605,75126.472.06$11,868
Jan 201605,98127.352.36$14,141
Dec 201505,65932.362.00$11,326
Nov 201505,87338.792.17$12,729
Oct 201506,05543.552.43$14,693
Sep 201505,98942.992.76$16,520
Aug 201506,47640.162.87$18,602
Jul 201505,82848.152.95$17,164
Jun 201506,19256.152.88$17,851
May 201506,29155.212.96$18,593
Apr 201506,75349.822.71$18,277
Mar 201506,55142.892.93$19,225
Feb 201506,22844.662.98$18,536
Jan 201506,55143.433.10$20,312
Dec 201406,75254.693.59$24,249
Nov 201426,66770.464.25$28,488
Oct 201406,56878.303.90$25,622
Sep 201406,22186.164.05$25,167
Aug 201416,62789.394.04$26,830
Jul 201415,04196.564.18$21,166
Jun 201405,72298.164.74$27,104
May 201406,86694.734.73$32,453
Apr 201407,47595.944.81$35,948
Mar 201406,58495.895.06$33,294
Feb 201405,93397.406.19$36,737
Jan 201406,83790.404.86$33,233
Dec 201306,47091.824.35$28,173
Nov 201306,20088.853.74$23,177
Oct 201307,24497.423.78$27,378
Sep 201306,842104.113.72$25,437
Aug 201307,139104.253.52$25,148
Jul 201306,963102.523.72$25,887
Jun 201327,18194.403.93$28,435
May 201307,27494.834.15$30,180
Apr 201307,29493.964.28$31,237
Mar 201305,59893.623.91$21,904
Feb 201306,54491.233.42$22,380
Jan 201307,02991.603.42$24,039
Dec 201207,39986.773.42$25,306
Nov 201207,07786.953.62$25,654
Oct 201207,45189.383.40$25,331
Sep 201206,93994.672.92$20,251
Aug 201207,91592.662.91$23,018
Jul 201207,83685.133.02$23,671
Jun 201208,03679.822.52$20,243
May 201208,14591.612.49$20,267
Apr 201207,795101.652.00$15,565
Mar 201208,058105.052.22$17,906
Feb 201207,716101.102.57$19,832
Jan 201229,42098.092.73$25,951
Dec 201108,55696.873.24$27,719
Nov 201108,29195.723.31$27,454
Oct 201108,91684.983.65$32,530
Sep 201108,97283.623.99$35,761
Aug 201109,11883.404.15$37,834
Jul 201109,46494.144.52$42,751
Jun 201108,79792.904.64$40,817
May 201108,72198.134.40$38,414
Apr 201108,961105.964.33$38,831
Mar 201109,67896.364.06$39,267
Feb 201109,23485.644.18$38,598
Jan 2011010,74986.504.59$49,325
Dec 201006,46585.734.35$28,108
Nov 201006,41780.843.80$24,355
Oct 201008,20878.103.51$28,801
Sep 201009,79872.633.98$38,991
Aug 2010010,78773.684.42$47,672
Jul 2010010,79972.554.74$51,149
Jun 2010011,72370.364.91$57,565
May 2010012,70271.124.24$53,796
Apr 2010011,59681.694.12$47,807
Mar 2010012,06878.394.39$52,962
Feb 2010010,24773.585.44$55,768
Jan 2010011,49474.365.96$68,551
Dec 2009012,19171.445.48$66,852
Nov 200905,26974.593.75$19,767
Oct 200905,38872.544.11$22,146
Sep 200908,86965.543.06$27,181
Aug 2009011,23567.423.22$36,160
Jul 2009011,17361.133.46$38,709
Jun 2009011,44766.163.90$44,586
May 2009012,37654.743.93$48,585
Apr 2009012,13346.773.59$43,527
Mar 200903,04642.144.06$12,364
Feb 200909,00932.814.63$41,739
Jan 2009010,09035.865.37$54,193
Dec 2008010,12637.105.98$60,525
Nov 2008010,82155.496.86$74,236
Oct 2008011,46375.246.92$79,347
Sep 2008010,960101.767.88$86,333
Aug 2008012,299114.228.48$104,333
Jul 2008013,549131.0811.39$154,315
Jun 2008012,669131.3313.03$165,110
May 2008013,660123.1711.57$158,105
Apr 2008012,741110.3110.45$133,205
Mar 2008013,277101.909.66$128,310
Feb 2008013,47492.538.77$118,175
Jan 2008014,39290.388.21$118,097
Dec 2007016,65688.337.30$121,622
Nov 2007015,76091.677.29$114,917
Oct 2007017,17182.856.92$118,857
Sep 2007017,27475.846.24$107,862
Aug 2007018,54869.066.39$118,484
Jul 2007018,59570.906.39$118,784
Jun 2007020,93062.007.55$157,989
May 2007014,95358.747.85$117,325
Apr 2007022,79259.617.81$177,896
Mar 2007028,58656.927.30$208,734
Feb 2007027,18255.108.22$223,327
Jan 2007031,86950.306.73$214,378
Dec 2006033,46056.656.92$231,491
Nov 2006032,25354.207.62$245,687
Oct 2006036,09854.906.01$217,086
Sep 2006037,97460.085.04$191,283
Aug 2006041,59468.717.34$305,297
Jul 2006044,95269.376.34$285,120
Jun 2006045,44566.286.38$290,115
May 2006052,52766.016.42$337,486
Apr 2006051,38264.397.36$378,196
Mar 2006047,75656.707.08$338,252
Feb 2006021,35257.597.75$165,502

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                3,062 Mcf  × $  3.05 =     $9,326

────────────────────────────────────────────────────
Month total                                   $9,326

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/224851 is the state's own key, not one this site invented.