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 231522District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
228
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 Gas112008-03-26180857
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
CondensateDisposition6 bbl$462
GasProduction1,316,742 Mcf$6,531,934
Total$6,532,396

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 33.0649, -97.2542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06492, -97.25424 · 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
7,712 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 7,712 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-121330657 H7,712 ftJun 2007

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 (228)

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

228 months

May 20260969106.413.05$2,951
Apr 2026093698.932.87$2,686
Mar 2026099689.753.15$3,137
Feb 202602,05163.503.75$7,692
Jan 202601,04859.138.00$8,382
Dec 202501,00656.664.41$4,440
Nov 202501,04758.593.93$4,111
Oct 202501,09759.383.30$3,625
Sep 202501,02962.743.08$3,166
Aug 202501,04563.933.01$3,150
Jul 202501,05566.743.32$3,498
Jun 202501,11566.483.13$3,489
May 202501,22260.553.23$3,950
Apr 202501,50262.363.54$5,322
Mar 202501,74367.704.27$7,440
Feb 202501,58670.884.34$6,885
Jan 202501,42874.324.28$6,110
Dec 202401,64468.993.12$5,132
Nov 202401,60169.052.20$3,520
Oct 202401,52771.372.28$3,484
Sep 202401,24969.612.36$2,953
Aug 202401,20875.632.06$2,493
Jul 202401,20879.932.15$2,593
Jun 202401,13978.082.63$3,000
May 202401,11578.812.20$2,451
Apr 202401,01984.451.66$1,691
Mar 202401,04880.301.55$1,619
Feb 2024094176.091.78$1,678
Jan 202401,13073.023.30$3,726
Dec 202301,34771.262.61$3,517
Nov 202301,20277.892.81$3,375
Oct 202301,23185.443.09$3,800
Sep 202301,24089.042.74$3,391
Aug 202301,38880.522.67$3,710
Jul 202301,41374.852.64$3,733
Jun 202301,38668.962.26$3,130
May 202301,44870.622.23$3,225
Apr 202301,34378.122.24$3,005
Mar 202301,43872.852.39$3,441
Feb 202301,57775.112.47$3,888
Jan 202301,57476.533.39$5,332
Dec 202201,81876.415.73$10,415
Nov 202201,23685.005.65$6,979
Oct 202201,24887.185.86$7,318
Sep 202201,21884.888.16$9,943
Aug 202201,39294.529.13$12,705
Jul 202201,189101.587.54$8,968
Jun 202201,557115.097.98$12,421
May 202201,669109.378.43$14,075
Apr 202201,755104.226.84$12,000
Mar 202201,778108.885.08$9,026
Feb 202201,88391.054.86$9,149
Jan 202201,67681.844.54$7,605
Dec 202101,96471.323.90$7,658
Nov 202101,37377.435.24$7,190
Oct 202102,28379.795.71$13,045
Sep 202101,07269.865.35$5,736
Aug 2021084566.024.22$3,566
Jul 2021065770.783.98$2,616
Jun 2021071969.493.38$2,431
May 202101,67963.483.02$5,067
Apr 202102,54060.362.76$7,006
Mar 202103,26961.302.72$8,882
Feb 202102,10857.805.55$11,695
Jan 202102,43850.412.81$6,851
Dec 202002,44144.642.68$6,531
Nov 202002,08438.772.71$5,640
Oct 202003,05836.972.48$7,579
Sep 202008,33037.091.99$16,585
Aug 202002,53239.982.39$6,039
Jul 202003,55338.371.83$6,485
Jun 202004,20334.901.69$7,104
May 202006,33816.921.81$11,502
Apr 202004,09914.751.80$7,396
Mar 202005,81430.341.86$10,792
Feb 202001,96749.881.98$3,896
Jan 202002,13557.252.09$4,472
Dec 201902,05959.012.30$4,745
Nov 201902,51655.302.75$6,921
Oct 201902,00053.472.42$4,837
Sep 201901,62155.052.66$4,307
Aug 201901,67453.112.30$3,858
Jul 201901,89856.272.46$4,669
Jun 201902,79052.782.49$6,950
May 201902,01758.482.74$5,527
Apr 201901,99262.632.75$5,479
Mar 201901,93456.803.06$5,922
Feb 201901,74450.852.79$4,870
Jan 201901,92746.033.23$6,221
Dec 201802,38446.594.19$9,978
Nov 201802,59552.934.24$10,996
Oct 201802,12261.443.40$7,211
Sep 201802,19559.543.11$6,822
Aug 201802,36559.403.07$7,252
Jul 201802,69565.142.93$7,901
Jun 201802,69960.183.08$8,305
May 201803,92765.382.90$11,391
Apr 201803,53663.842.90$10,257
Mar 201803,34161.222.79$9,311
Feb 201803,09761.782.77$8,567
Jan 201803,08862.874.01$12,381
Dec 201702,71557.272.92$7,932
Nov 201703,13755.423.12$9,782
Oct 201703,46649.292.98$10,341
Sep 201703,33147.523.09$10,284
Aug 201703,62945.373.00$10,903
Jul 201703,34543.873.09$10,327
Jun 201703,39442.493.09$10,478
May 201703,76945.373.26$12,300
Apr 201703,72547.933.21$11,963
Mar 201703,65546.772.98$10,905
Feb 201703,33850.452.95$9,856
Jan 201703,71149.413.42$12,687
Dec 201604,18248.763.72$15,569
Nov 201603,89342.492.64$10,294
Oct 201603,98246.193.09$12,305
Sep 201613,69641.553.10$11,501
Aug 201603,27541.442.92$9,577
Jul 201603,64241.622.92$10,650
Jun 201613,27445.352.69$8,839
May 201602,94442.521.99$5,862
Apr 201602,21436.561.99$4,408
Mar 201602,45433.011.79$4,403
Feb 201602,53426.472.06$5,229
Jan 201603,14527.352.36$7,436
Dec 201503,60732.362.00$7,219
Nov 201503,57138.792.17$7,740
Oct 201503,60343.552.43$8,743
Sep 201503,17842.992.76$8,766
Aug 201504,06040.162.87$11,662
Jul 201505,03448.152.95$14,826
Jun 201505,11256.152.88$14,737
May 201505,06755.212.96$14,975
Apr 201504,78949.822.71$12,962
Mar 201504,62242.892.93$13,564
Feb 201504,37944.662.98$13,033
Jan 201504,40943.433.10$13,671
Dec 201404,12254.693.59$14,804
Nov 201404,14570.464.25$17,624
Oct 201404,19178.303.90$16,349
Sep 201404,45386.164.05$18,014
Aug 201404,94189.394.04$19,938
Jul 201404,98796.564.18$20,844
Jun 201404,75098.164.74$22,500
May 201405,17694.734.73$24,465
Apr 201405,30895.944.81$25,527
Mar 201405,73895.895.06$29,016
Feb 201405,10197.406.19$31,585
Jan 201404,89590.404.86$23,793
Dec 201303,60691.824.35$15,702
Nov 201305,39888.853.74$20,179
Oct 201305,86097.423.78$22,147
Sep 201306,013104.113.72$22,355
Aug 201306,594104.253.52$23,228
Jul 201306,578102.523.72$24,455
Jun 201306,48694.403.93$25,512
May 201306,70094.834.15$27,799
Apr 201306,74493.964.28$28,882
Mar 201307,07293.623.91$27,672
Feb 201306,32891.233.42$21,641
Jan 201307,32191.603.42$25,037
Dec 201207,49586.773.42$25,634
Nov 201207,32986.953.62$26,567
Oct 201207,42589.383.40$25,243
Sep 201207,26494.672.92$21,199
Aug 201207,72992.662.91$22,477
Jul 201207,22785.133.02$21,831
Jun 201207,62479.822.52$19,205
May 201207,86191.612.49$19,561
Apr 201207,680101.652.00$15,335
Mar 201207,546105.052.22$16,768
Feb 201207,361101.102.57$18,920
Jan 201228,00798.092.73$22,088
Dec 201108,02796.873.24$26,005
Nov 201107,99595.723.31$26,474
Oct 201118,37484.983.65$30,638
Sep 201108,00483.623.99$31,902
Aug 201108,37883.404.15$34,763
Jul 201119,09394.144.52$41,169
Jun 201108,38392.904.64$38,896
May 201108,84698.134.40$38,965
Apr 201108,811105.964.33$38,181
Mar 201109,04396.364.06$36,691
Feb 201108,34185.644.18$34,865
Jan 201109,39086.504.59$43,089
Dec 2010010,09985.734.35$43,908
Nov 2010010,08580.843.80$38,276
Oct 2010010,23978.103.51$35,928
Sep 201007,05772.633.98$28,083
Aug 201006,31873.684.42$27,922
Jul 201008,11772.554.74$38,446
Jun 2010011,39170.364.91$55,934
May 2010012,04171.124.24$50,996
Apr 2010011,94981.694.12$49,262
Mar 2010010,63978.394.39$46,691
Feb 201007,07873.585.44$38,521
Jan 201008,63074.365.96$51,470
Dec 200909,28071.445.48$50,889
Nov 2009013,33674.593.75$50,030
Oct 2009013,68672.544.11$56,253
Sep 2009013,19665.543.06$40,442
Aug 2009014,21567.423.22$45,751
Jul 2009012,65361.133.46$43,836
Jun 200909,93166.163.90$38,681
May 2009010,66654.743.93$41,872
Apr 2009011,65446.773.59$41,809
Mar 2009012,22442.144.06$49,617
Feb 2009011,00632.814.63$50,991
Jan 2009013,88535.865.37$74,576
Dec 2008013,43337.105.98$80,291
Nov 2008013,85055.496.86$95,016
Oct 2008014,93075.246.92$103,345
Sep 2008014,940101.767.88$117,684
Aug 2008016,247114.228.48$137,824
Jul 2008016,263131.0811.39$185,226
Jun 2008015,499131.3313.03$201,993
May 2008016,357123.1711.57$189,321
Apr 2008015,391110.3110.45$160,911
Mar 2008017,140101.909.66$165,642
Feb 2008017,56392.538.77$154,038
Jan 2008019,92990.388.21$163,532
Dec 2007020,95588.337.30$153,013
Nov 2007021,64491.677.29$157,822
Oct 2007024,79582.856.92$171,630
Sep 2007026,50675.846.24$165,508
Aug 2007031,64069.066.39$202,114
Jul 2007037,81770.906.39$241,573
Jun 2007048,42062.007.55$365,496

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                  969 Mcf  × $  3.05 =     $2,951

────────────────────────────────────────────────────
Month total                                   $2,951

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/231522 is the state's own key, not one this site invented.