GIBSON, H. L.

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181981District 7BField 75095500CondensateGasSaveExport
Value, all time
$50 k
Apr 2001 – May 2026
Value, last 12 filed months
$248
at the published price for each month
Months reported
302
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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered
1982-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: EFF. 09-10-84 PER DOCKET #7B-82,934

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
CondensateDisposition94 bbl$9,651
GasProduction10,150 Mcf$40,012
Total$49,662

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 32.4160, -98.8438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41602, -98.84378 · 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
3,575 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 3,575 ft.

Completions filed
Jun 1985
1 of 1 wells

1 well

42-1333647213,575 ftJun 1985

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 (302)

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

302 months

May 2026010106.413.05$30
Apr 202601498.932.87$40
Mar 20260589.753.15$16
Feb 20260563.503.75$19
Jan 20260459.138.00$32
Dec 20250556.664.41$22
Nov 20250458.593.93$16
Oct 20250659.383.30$20
Sep 20250562.743.08$15
Aug 20250363.933.01$9
Jul 20250466.743.32$13
Jun 20250566.483.13$16
May 20250460.553.23$13
Apr 20250762.363.54$25
Mar 20250867.704.27$34
Feb 20250770.884.34$30
Jan 202501074.324.28$43
Dec 202401068.993.12$31
Nov 202401169.052.20$24
Oct 202401071.372.28$23
Sep 20240969.612.36$21
Aug 202401075.632.06$21
Jul 20240979.932.15$19
Jun 202401078.082.63$26
May 202401178.812.20$24
Apr 202401084.451.66$17
Mar 202401180.301.55$17
Feb 202401076.091.78$18
Jan 202401273.023.30$40
Dec 202301571.262.61$39
Nov 202301277.892.81$34
Oct 202301685.443.09$49
Sep 202301689.042.74$44
Aug 202301680.522.67$43
Jul 202301674.852.64$42
Jun 202301768.962.26$38
May 202301770.622.23$38
Apr 202301678.122.24$36
Mar 202301372.852.39$31
Feb 202301475.112.47$35
Jan 202301676.533.39$54
Dec 202201576.415.73$86
Nov 202201685.005.65$90
Oct 202201487.185.86$82
Sep 202201284.888.16$98
Aug 202203594.529.13$319
Jul 2022028101.587.54$211
Jun 2022026115.097.98$207
May 2022056109.378.43$472
Apr 2022022104.226.84$150
Mar 2022020108.885.08$102
Feb 202202191.054.86$102
Jan 202203281.844.54$145
Dec 202103471.323.90$133
Nov 202103277.435.24$168
Oct 202103179.795.71$177
Sep 202103269.865.35$171
Aug 202103166.024.22$131
Jul 202102770.783.98$108
Jun 202102669.493.38$88
May 202102663.483.02$78
Apr 202102860.362.76$77
Mar 202102661.302.72$71
Feb 202102057.805.55$111
Jan 202102350.412.81$65
Dec 202002744.642.68$72
Nov 202001938.772.71$51
Oct 202002636.972.48$64
Sep 202004437.091.99$88
Aug 202007839.982.39$186
Jul 202008138.371.83$148
Jun 202008134.901.69$137
May 202006816.921.81$123
Apr 202005514.751.80$99
Mar 202005530.341.86$102
Feb 202005249.881.98$103
Jan 202006057.252.09$126
Dec 201909259.012.30$212
Nov 2019010955.302.75$300
Oct 2019012553.472.42$302
Sep 2019012955.052.66$343
Aug 2019013353.112.30$306
Jul 2019010956.272.46$268
Jun 2019010352.782.49$257
May 2019011358.482.74$310
Apr 2019012262.632.75$336
Mar 2019015656.803.06$478
Feb 201907950.852.79$221
Jan 201906446.033.23$207
Dec 201804446.594.19$184
Nov 201804352.934.24$182
Oct 201808161.443.40$275
Sep 2018010659.543.11$329
Aug 2018018359.403.07$561
Jul 2018018165.142.93$531
Jun 201806760.183.08$206
May 201806765.382.90$194
Apr 201805763.842.90$165
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201706047.523.09$185
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201401798.164.74$81
May 201404994.734.73$232
Apr 201404295.944.81$202
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201311093.964.28$1,034
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012018486.953.62$667
Oct 20120089.383.40$0
Sep 201201594.672.92$44
Aug 201203892.662.91$111
Jul 2012016285.133.02$489
Jun 2012022379.822.52$562
May 2012037391.612.49$928
Apr 20120249101.652.00$497
Mar 20120253105.052.22$562
Feb 20120233101.102.57$599
Jan 2012024398.092.73$664
Dec 2011020996.873.24$677
Nov 2011022795.723.31$752
Oct 201104984.983.65$179
Sep 2011014883.623.99$590
Aug 201101783.404.15$71
Jul 2011023794.144.52$1,071
Jun 2011019692.904.64$909
May 2011017498.134.40$766
Apr 2011043105.964.33$186
Mar 201105396.364.06$215
Feb 201101385.644.18$54
Jan 201103886.504.59$174
Dec 201001785.734.35$74
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201002072.633.98$80
Aug 201002173.684.42$93
Jul 201001872.554.74$85
Jun 201001570.364.91$74
May 201001471.124.24$59
Apr 201001781.694.12$70
Mar 201002178.394.39$92
Feb 201002273.585.44$120
Jan 201001974.365.96$113
Dec 200901871.445.48$99
Nov 200901674.593.75$60
Oct 200902372.544.11$95
Sep 200902065.543.06$61
Aug 200901767.423.22$55
Jul 200901861.133.46$62
Jun 200902066.163.90$78
May 200902454.743.93$94
Apr 200902346.773.59$83
Mar 200902042.144.06$81
Feb 200901732.814.63$79
Jan 200902735.865.37$145
Dec 200802837.105.98$167
Nov 200802155.496.86$144
Oct 200802975.246.92$201
Sep 2008027101.767.88$213
Aug 2008024114.228.48$204
Jul 2008020131.0811.39$228
Jun 20086325131.3313.03$8,600
May 2008029123.1711.57$336
Apr 2008020110.3110.45$209
Mar 2008021101.909.66$203
Feb 20080792.538.77$61
Jan 200802690.388.21$213
Dec 200702688.337.30$190
Nov 200702391.677.29$168
Oct 200702782.856.92$187
Sep 200702475.846.24$150
Aug 200702669.066.39$166
Jul 200702470.906.39$153
Jun 200702662.007.55$196
May 200702458.747.85$188
Apr 200702259.617.81$172
Mar 200702256.927.30$161
Feb 200702055.108.22$164
Jan 200703150.306.73$209
Dec 200602556.656.92$173
Nov 200602554.207.62$190
Oct 200602754.906.01$162
Sep 200601960.085.04$96
Aug 200601768.717.34$125
Jul 200602569.376.34$159
Jun 200602366.286.38$147
May 200602166.016.42$135
Apr 200601964.397.36$140
Mar 200602756.707.08$191
Feb 200602657.597.75$202
Jan 200602460.598.93$214
Dec 200502854.9413.42$376
Nov 200502154.6910.59$222
Oct 200502758.3413.80$372
Sep 200502261.4512.08$266
Aug 200502361.519.80$225
Jul 200501855.697.84$141
Jun 200502552.337.38$185
May 200503145.226.65$206
Apr 200502249.207.36$162
Mar 200502950.377.15$207
Feb 200502545.226.31$158
Jan 200502543.166.32$158
Dec 200402639.866.75$176
Nov 200402545.286.33$158
Oct 200402749.706.52$176
Sep 200402443.245.28$127
Aug 200402742.375.55$150
Jul 200401938.286.08$116
Jun 200402736.106.43$174
May 200402337.486.49$149
Apr 200402434.475.86$141
Mar 200402534.365.53$138
Feb 200402132.455.51$116
Jan 200402432.036.30$151
Dec 200302230.266.30$139
Nov 200302728.804.60$124
Oct 200302028.174.76$95
Sep 200302126.314.75$100
Aug 200301729.765.13$87
Jul 200301629.415.17$83
Jun 200302128.565.98$126
May 200302226.595.97$131
Apr 200302326.675.41$124
Mar 200302431.146.10$146
Feb 200301733.487.93$135
Jan 200303430.315.58$190
Dec 200205126.914.85$248
Nov 200203424.664.14$141
Oct 200203426.464.23$144
Sep 200203327.443.64$120
Aug 200202725.963.16$85
Jul 200202724.583.06$83
Jun 200202823.733.34$93
May 200202924.663.58$104
Apr 200203823.653.51$133
Mar 200203622.003.10$112
Feb 200203018.222.38$71
Jan 2002203217.172.38$419
Dec 20010716.932.36$17
Nov 200103318.072.41$79
Oct 200102519.782.53$63
Sep 200102424.262.25$54
Aug 200102824.873.05$85
Jul 200101823.933.20$58
Jun 200103024.563.82$115
May 200102825.524.31$121
Apr 200102924.685.34$155

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                   10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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. 7B/G/181981 is the state's own key, not one this site invented.