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 238825District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$14.0 M
Dec 2007 – May 2026
Value, last 12 filed months
$284 k
at the published price for each month
Months reported
222
no gaps in the span
Streams
1
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 Gas112008-11-21186233
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
GasProduction2,986,817 Mcf$13,956,271
Total$13,956,271

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 33.0793, -97.2482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07928, -97.24817 · 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
7,872 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 7,872 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-121330964H7,872 ftDec 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 (222)

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

222 months

May 20266,846106.413.05$20,852
Apr 20266,86498.932.87$19,698
Mar 20267,04289.753.15$22,178
Feb 20264,34263.503.75$16,284
Jan 20265,79959.138.00$46,380
Dec 20256,59456.664.41$29,102
Nov 20255,90858.593.93$23,197
Oct 20257,29759.383.30$24,115
Sep 20256,58162.743.08$20,249
Aug 20256,57263.933.01$19,813
Jul 20256,45266.743.32$21,390
Jun 20256,57866.483.13$20,581
May 20256,73760.553.23$21,776
Apr 20256,69162.363.54$23,707
Mar 20257,09367.704.27$30,275
Feb 20256,71670.884.34$29,153
Jan 20257,51374.324.28$32,146
Dec 20247,61768.993.12$23,775
Nov 20247,56169.052.20$16,622
Oct 20248,19371.372.28$18,692
Sep 20248,15669.612.36$19,284
Aug 20247,02475.632.06$14,495
Jul 20247,02479.932.15$15,078
Jun 20247,05478.082.63$18,580
May 20247,25578.812.20$15,950
Apr 20246,81784.451.66$11,311
Mar 20246,97880.301.55$10,782
Feb 20246,10876.091.78$10,894
Jan 20247,24673.023.30$23,895
Dec 20237,17871.262.61$18,740
Nov 20236,84177.892.81$19,207
Oct 20237,47085.443.09$23,062
Sep 20236,92789.042.74$18,946
Aug 20236,99580.522.67$18,697
Jul 20237,60374.852.64$20,086
Jun 20237,02468.962.26$15,864
May 20237,97470.622.23$17,761
Apr 20237,42678.122.24$16,618
Mar 20237,54572.852.39$18,056
Feb 20237,83175.112.47$19,309
Jan 20237,52576.533.39$25,493
Dec 20229,19276.415.73$52,662
Nov 20229,34185.005.65$52,741
Oct 20229,53987.185.86$55,934
Sep 202210,13184.888.16$82,706
Aug 202211,14694.529.13$101,731
Jul 202211,032101.587.54$83,204
Jun 20223,852115.097.98$30,728
May 20222,450109.378.43$20,661
Apr 20226,641104.226.84$45,409
Mar 202219,773108.885.08$100,376
Feb 20227,50591.054.86$36,466
Jan 20228,77681.844.54$39,823
Dec 20219,28871.323.90$36,215
Nov 20218,19677.435.24$42,921
Oct 20219,39279.795.71$53,665
Sep 20217,60869.865.35$40,710
Aug 20217,94866.024.22$33,545
Jul 20218,26370.783.98$32,904
Jun 20218,27869.493.38$27,985
May 20219,00763.483.02$27,180
Apr 20219,07260.362.76$25,024
Mar 20219,51761.302.72$25,857
Feb 20217,26057.805.55$40,278
Jan 20218,28350.412.81$23,277
Dec 20208,94344.642.68$23,927
Nov 20208,90038.772.71$24,088
Oct 20208,53336.972.48$21,148
Sep 20209,24737.091.99$18,411
Aug 20209,53839.982.39$22,749
Jul 202010,28338.371.83$18,768
Jun 202010,72034.901.69$18,120
May 20207,85516.921.81$14,255
Apr 20206,55014.751.80$11,819
Mar 202010,74930.341.86$19,953
Feb 202010,39649.881.98$20,591
Jan 202011,96057.252.09$25,053
Dec 201912,16959.012.30$28,042
Nov 201911,00755.302.75$30,277
Oct 20196,94953.472.42$16,806
Sep 20199,95355.052.66$26,448
Aug 20199,16653.112.30$21,122
Jul 201910,56656.272.46$25,993
Jun 201910,64452.782.49$26,516
May 20199,90758.482.74$27,148
Apr 201911,57162.632.75$31,828
Mar 201912,40056.803.06$37,970
Feb 201911,85450.852.79$33,099
Jan 201915,69446.033.23$50,663
Dec 201814,54246.594.19$60,865
Nov 20187,39352.934.24$31,326
Oct 20187,52461.443.40$25,567
Sep 20187,35659.543.11$22,862
Aug 20188,26059.403.07$25,330
Jul 20187,95165.142.93$23,311
Jun 20187,08560.183.08$21,800
May 20189,30965.382.90$27,004
Apr 20187,88663.842.90$22,876
Mar 20188,24061.222.79$22,964
Feb 20186,09761.782.77$16,865
Jan 20187,76562.874.01$31,132
Dec 20176,86957.272.92$20,068
Nov 20177,26155.423.12$22,642
Oct 20178,57349.292.98$25,579
Sep 20177,96447.523.09$24,587
Aug 20177,28745.373.00$21,893
Jul 20176,55143.873.09$20,225
Jun 20176,14942.493.09$18,984
May 20176,51945.373.26$21,274
Apr 20176,24747.933.21$20,063
Mar 20175,66446.772.98$16,900
Feb 20175,45350.452.95$16,101
Jan 20177,22949.413.42$24,715
Dec 20168,11748.763.72$30,218
Nov 20167,87042.492.64$20,811
Oct 20167,79846.193.09$24,098
Sep 20166,74841.553.10$20,923
Aug 20167,67241.442.92$22,436
Jul 20168,46241.622.92$24,746
Jun 20168,01245.352.69$21,519
May 20167,41142.521.99$14,756
Apr 20166,84036.561.99$13,619
Mar 20167,66033.011.79$13,742
Feb 20167,21126.472.06$14,881
Jan 20167,68627.352.36$18,172
Dec 20157,27132.362.00$14,552
Nov 20156,49238.792.17$14,070
Oct 20156,47143.552.43$15,702
Sep 20156,21842.992.76$17,152
Aug 20152,23140.162.87$6,409
Jul 20158,86748.152.95$26,114
Jun 201510,54056.152.88$30,385
May 201510,32555.212.96$30,515
Apr 201511,24749.822.71$30,441
Mar 201510,47442.892.93$30,738
Feb 20159,87544.662.98$29,390
Jan 201511,38743.433.10$35,307
Dec 201411,89554.693.59$42,719
Nov 201413,10070.464.25$55,699
Oct 20149,22578.303.90$35,986
Sep 201411,12286.164.05$44,993
Aug 201413,01189.394.04$52,501
Jul 201412,10296.564.18$50,582
Jun 201410,44598.164.74$49,477
May 201411,90394.734.73$56,260
Apr 201412,87895.944.81$61,932
Mar 201414,27195.895.06$72,166
Feb 201410,12997.406.19$62,719
Jan 201414,55790.404.86$70,758
Dec 201312,11291.824.35$52,741
Nov 201314,24388.853.74$53,244
Oct 201315,33497.423.78$57,953
Sep 201314,950104.113.72$55,580
Aug 201314,462104.253.52$50,944
Jul 201315,106102.523.72$56,160
Jun 201315,65894.403.93$61,589
May 201316,38194.834.15$67,966
Apr 201315,85293.964.28$67,888
Mar 201316,17293.623.91$63,279
Feb 201316,93391.233.42$57,909
Jan 201314,25991.603.42$48,765
Dec 201215,08386.773.42$51,586
Nov 201211,75786.953.62$42,619
Oct 201210,66589.383.40$36,258
Sep 201212,63494.672.92$36,871
Aug 201215,30192.662.91$44,498
Jul 201216,67885.133.02$50,381
Jun 201214,80279.822.52$37,287
May 201214,09691.612.49$35,075
Apr 201215,513101.652.00$30,976
Mar 201216,807105.052.22$37,347
Feb 201214,823101.102.57$38,099
Jan 201215,20698.092.73$41,574
Dec 201116,30796.873.24$52,830
Nov 201116,18495.723.31$53,590
Oct 201117,50684.983.65$63,871
Sep 201116,47983.623.99$65,682
Aug 201117,45083.404.15$72,406
Jul 201117,42294.144.52$78,699
Jun 201117,85392.904.64$82,836
May 201118,93098.134.40$83,383
Apr 201118,912105.964.33$81,951
Mar 201120,45196.364.06$82,977
Feb 201116,71885.644.18$69,881
Jan 201120,82286.504.59$95,548
Dec 201021,09785.734.35$91,724
Nov 201021,48580.843.80$81,543
Oct 201022,93778.103.51$80,483
Sep 201022,33572.633.98$88,881
Aug 201022,95873.684.42$101,460
Jul 201021,53372.554.74$101,991
Jun 201022,92670.364.91$112,576
May 201024,31571.124.24$102,979
Apr 201021,06481.694.12$86,840
Mar 201023,74878.394.39$104,222
Feb 201021,48273.585.44$116,913
Jan 201025,16674.365.96$150,092
Dec 200925,48771.445.48$139,764
Nov 200925,31474.593.75$94,965
Oct 200926,19872.544.11$107,680
Sep 200926,38065.543.06$80,848
Aug 200926,63667.423.22$85,728
Jul 200928,34161.133.46$98,187
Jun 200926,69266.163.90$103,965
May 200926,76754.743.93$105,081
Apr 200927,38346.773.59$98,237
Mar 200930,17442.144.06$122,476
Feb 200928,04032.814.63$129,909
Jan 200926,29035.865.37$141,204
Dec 200834,12037.105.98$203,940
Nov 200833,62155.496.86$230,652
Oct 200835,38475.246.92$244,927
Sep 200834,360101.767.88$270,657
Aug 200837,246114.228.48$315,959
Jul 200838,578131.0811.39$439,381
Jun 200837,124131.3313.03$483,823
May 200843,404123.1711.57$502,370
Apr 200845,219110.3110.45$472,758
Mar 200852,630101.909.66$508,620
Feb 200856,77492.538.77$497,941
Jan 200873,41790.388.21$602,440
Dec 200737,59388.337.30$274,503

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
Gas                6,846 Mcf  × $  3.05 =    $20,852

────────────────────────────────────────────────────
Month total                                  $20,852

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/238825 is the state's own key, not one this site invented.