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 251832District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
Mar 2009 – May 2026
Value, last 12 filed months
$307 k
at the published price for each month
Months reported
207
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 Gas112010-06-11198322
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
CondensateDisposition8 bbl$785
GasProduction2,860,414 Mcf$10,428,962
Total$10,429,747

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 33.0791, -97.2555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07906, -97.25555 · 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
7,729 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 7,729 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-121337008H7,729 ftMar 2009

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 (207)

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

207 months

May 202606,688106.413.05$20,371
Apr 202606,62798.932.87$19,018
Mar 202606,92989.753.15$21,822
Feb 202606,04963.503.75$22,686
Jan 202604,84759.138.00$38,766
Dec 202506,94056.664.41$30,629
Nov 202505,67558.593.93$22,283
Oct 202507,55859.383.30$24,978
Sep 202507,74562.743.08$23,831
Aug 2025010,05763.933.01$30,319
Jul 2025010,23466.743.32$33,928
Jun 202505,76666.483.13$18,040
May 202507,52360.553.23$24,317
Apr 202507,60562.363.54$26,945
Mar 202507,76467.704.27$33,139
Feb 202507,04970.884.34$30,599
Jan 202507,96574.324.28$34,080
Dec 202408,23068.993.12$25,689
Nov 202408,07969.052.20$17,761
Oct 202408,53371.372.28$19,467
Sep 202409,38869.612.36$22,197
Aug 202407,72075.632.06$15,931
Jul 202407,72079.932.15$16,572
Jun 202408,01978.082.63$21,122
May 202407,60578.812.20$16,719
Apr 202407,83484.451.66$12,998
Mar 202408,21280.301.55$12,689
Feb 202407,27776.091.78$12,980
Jan 202408,58273.023.30$28,301
Dec 202309,33671.262.61$24,374
Nov 202306,97777.892.81$19,588
Oct 202308,43885.443.09$26,050
Sep 202308,67389.042.74$23,721
Aug 202306,70180.522.67$17,911
Jul 202309,29974.852.64$24,566
Jun 202308,84068.962.26$19,965
May 202309,74470.622.23$21,704
Apr 202308,71378.122.24$19,498
Mar 202308,92272.852.39$21,352
Feb 202309,67675.112.47$23,858
Jan 202309,34876.533.39$31,668
Dec 202209,65676.415.73$55,320
Nov 202208,69885.005.65$49,111
Oct 2022010,01487.185.86$58,720
Sep 2022011,48984.888.16$93,793
Aug 2022010,32094.529.13$94,192
Jul 2022014,179101.587.54$106,939
Jun 2022015,725115.097.98$125,441
May 2022014,259109.378.43$120,247
Apr 202200104.226.84$0
Mar 202202,350108.885.08$11,930
Feb 20220291.054.86$10
Jan 20220481.844.54$18
Dec 20210371.323.90$12
Nov 20210177.435.24$5
Oct 202104,46279.795.71$25,495
Sep 2021010,23869.865.35$54,783
Aug 2021010,97566.024.22$46,321
Jul 2021011,14870.783.98$44,392
Jun 2021011,10069.493.38$37,525
May 2021011,43263.483.02$34,498
Apr 2021011,09360.362.76$30,599
Mar 2021011,61461.302.72$31,555
Feb 202109,77957.805.55$54,253
Jan 2021011,42750.412.81$32,113
Dec 2020011,53744.642.68$30,867
Nov 2020011,23738.772.71$30,414
Oct 2020014,38536.972.48$35,652
Sep 2020019,07837.091.99$37,985
Aug 2020017,82339.982.39$42,510
Jul 2020013,13738.371.83$23,977
Jun 202007,98034.901.69$13,489
May 202001,08916.921.81$1,976
Apr 202003,89514.751.80$7,028
Mar 2020013,80230.341.86$25,620
Feb 2020013,14749.881.98$26,040
Jan 2020014,42357.252.09$30,212
Dec 2019014,94259.012.30$34,432
Nov 2019014,92055.302.75$41,040
Oct 201907,77153.472.42$18,794
Sep 2019071055.052.66$1,887
Aug 201906,63553.112.30$15,289
Jul 2019013,24256.272.46$32,576
Jun 2019012,88152.782.49$32,089
May 2019013,60058.482.74$37,268
Apr 2019013,97862.632.75$38,449
Mar 2019015,28156.803.06$46,792
Feb 201908,43850.852.79$23,561
Jan 2019010246.033.23$329
Dec 2018012,37446.594.19$51,791
Nov 2018012,51052.934.24$53,008
Oct 2018013,78361.443.40$46,836
Sep 2018014,01959.543.11$43,571
Aug 2018011,58859.403.07$35,535
Jul 2018010,44565.142.93$30,623
Jun 2018011,65660.183.08$35,865
May 2018014,25965.382.90$41,363
Apr 2018013,07263.842.90$37,919
Mar 201806,04861.222.79$16,855
Feb 2018066461.782.77$1,837
Jan 2018040862.874.01$1,636
Dec 2017015,00757.272.92$43,843
Nov 201702,79455.423.12$8,713
Oct 2017013,75749.292.98$41,046
Sep 2017014,54147.523.09$44,892
Aug 2017015,91345.373.00$47,809
Jul 2017016,32043.873.09$50,384
Jun 2017016,43442.493.09$50,736
May 2017018,06445.373.26$58,950
Apr 2017017,97347.933.21$57,722
Mar 201708,46446.772.98$25,254
Feb 2017018,72350.452.95$55,282
Jan 2017020,53149.413.42$70,191
Dec 2016062648.763.72$2,330
Nov 201603342.492.64$87
Oct 2016026646.193.09$822
Sep 2016090141.553.10$2,794
Aug 201601,00341.442.92$2,933
Jul 201601,01741.622.92$2,974
Jun 2016095645.352.69$2,568
May 201601,09042.521.99$2,170
Apr 201608,52536.561.99$16,974
Mar 2016011,81933.011.79$21,203
Feb 2016011,50726.472.06$23,746
Jan 2016010,75227.352.36$25,422
Dec 201509,25232.362.00$18,517
Nov 2015010,10238.792.17$21,894
Oct 201509,58243.552.43$23,251
Sep 201509,89442.992.76$27,292
Aug 2015010,68240.162.87$30,684
Jul 2015010,21648.152.95$30,087
Jun 2015011,92256.152.88$34,369
May 2015012,82255.212.96$37,895
Apr 2015013,04049.822.71$35,294
Mar 2015011,22942.892.93$32,954
Feb 2015010,96944.662.98$32,646
Jan 2015012,37343.433.10$38,364
Dec 2014013,73554.693.59$49,327
Nov 2014013,84870.464.25$58,879
Oct 2014011,73978.303.90$45,793
Sep 2014013,61286.164.05$55,067
Aug 2014014,98389.394.04$60,458
Jul 2014017,06596.564.18$71,325
Jun 201406,92098.164.74$32,779
May 2014011,44994.734.73$54,114
Apr 2014011,47795.944.81$55,194
Mar 201408,29295.895.06$41,931
Feb 201402,96097.406.19$18,328
Jan 2014011,11490.404.86$54,022
Dec 201306,27091.824.35$27,303
Nov 201308,41788.853.74$31,465
Oct 2013010,57697.423.78$39,971
Sep 2013011,140104.113.72$41,416
Aug 2013015,769104.253.52$55,548
Jul 2013015,429102.523.72$57,361
Jun 2013017,88294.403.93$70,337
May 2013016,85694.834.15$69,937
Apr 2013015,58693.964.28$66,748
Mar 201306,66793.623.91$26,087
Feb 201309,23291.233.42$31,573
Jan 2013016,36091.603.42$55,950
Dec 201209,42586.773.42$32,235
Nov 2012012,49586.953.62$45,294
Oct 2012024,52789.383.40$83,384
Sep 2012011,39994.672.92$33,267
Aug 2012015,00992.662.91$43,649
Jul 2012015,89885.133.02$48,025
Jun 2012012,80379.822.52$32,251
May 2012012,04991.612.49$29,982
Apr 2012010,238101.652.00$20,443
Mar 2012016,396105.052.22$36,433
Feb 2012018,487101.102.57$47,516
Jan 2012820,58698.092.73$57,068
Dec 2011020,88696.873.24$67,665
Nov 2011020,01795.723.31$66,282
Oct 2011021,26784.983.65$77,594
Sep 2011021,63683.623.99$86,237
Aug 2011022,59083.404.15$93,733
Jul 2011022,53394.144.52$101,787
Jun 2011022,76692.904.64$105,632
May 2011024,79498.134.40$109,213
Apr 2011025,199105.964.33$109,194
Mar 2011023,12396.364.06$93,818
Feb 2011020,51685.644.18$85,756
Jan 2011023,31786.504.59$106,997
Dec 2010024,62985.734.35$107,081
Nov 2010024,30980.843.80$92,261
Oct 2010026,27178.103.51$92,182
Sep 2010026,74872.633.98$106,443
Aug 2010027,73773.684.42$122,580
Jul 2010029,32172.554.74$138,879
Jun 2010027,30070.364.91$134,054
May 2010027,69271.124.24$117,282
Apr 2010030,13181.694.12$124,221
Mar 2010031,98678.394.39$140,376
Feb 2010030,60673.585.44$166,569
Jan 2010036,14074.365.96$215,542
Dec 2009035,92371.445.48$196,993
Nov 2009038,06774.593.75$142,808
Oct 2009034,54272.544.11$141,976
Sep 2009036,16165.543.06$110,824
Aug 2009040,82167.423.22$131,382
Jul 2009039,50961.133.46$136,879
Jun 2009047,37366.163.90$184,518
May 2009056,41254.743.93$221,459
Apr 2009074,41246.773.59$266,953
Mar 20090110,17742.144.06$447,208

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                6,688 Mcf  × $  3.05 =    $20,371

────────────────────────────────────────────────────
Month total                                  $20,371

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/251832 is the state's own key, not one this site invented.