GIBSON RANCH UNIT

Name: GIBSON RANCH UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KADANE CORPORATION (P-5 450038) in the B.R.A. (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85413District 7BField 04809500CondensateGasSave Export

Value, all time

$811 k

Jan 1993 – Feb 2017

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

290

no gaps in the span

Streams

condensate, gas

The B.R.A. (CONGL.) field

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 58 leases and 59 wells, and the rule below applies to all of them.

Discovered

1979-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1988-12-19.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 01/01/98.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	452 bbl	$9,355
Gas	Production	244,626 Mcf	$801,223
Total			$810,578

66,892 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.8524, -98.4600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.85235, -98.46000 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,611 ft

1 wells filed one

Completion to plug

37.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 4,611 ft.

Completions filed

Sep 1979

1 of 1 wells

Plug dates filed

Nov 2016

1 of 1 wells

Last completion to plug: a median of 37.2 years across the 1 well that filed both dates, with the middle half between 37.2 years and 37.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36332180	1	4,611 ft	Sep 1979	Nov 2016	Yes

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 (290)

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

290 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	15	0	48.76	3.72	$731
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	103	41.62	2.92	$301
Jun 2016	0	110	45.35	2.69	$295
May 2016	0	39	42.52	1.99	$78
Apr 2016	0	103	36.56	1.99	$205
Mar 2016	0	66	33.01	1.79	$118
Feb 2016	0	111	26.47	2.06	$229
Jan 2016	0	75	27.35	2.36	$177
Dec 2015	0	48	32.36	2.00	$96
Nov 2015	0	546	38.79	2.17	$1,183
Oct 2015	0	96	43.55	2.43	$233
Sep 2015	0	99	42.99	2.76	$273
Aug 2015	0	116	40.16	2.87	$333
Jul 2015	0	190	48.15	2.95	$560
Jun 2015	0	175	56.15	2.88	$505
May 2015	0	199	55.21	2.96	$588
Apr 2015	0	213	49.82	2.71	$577
Mar 2015	0	244	42.89	2.93	$716
Feb 2015	0	254	44.66	2.98	$756
Jan 2015	0	283	43.43	3.10	$877
Dec 2014	0	254	54.69	3.59	$912
Nov 2014	0	221	70.46	4.25	$940
Oct 2014	0	244	78.30	3.90	$952
Sep 2014	0	237	86.16	4.05	$959
Aug 2014	0	234	89.39	4.04	$944
Jul 2014	0	238	96.56	4.18	$995
Jun 2014	0	221	98.16	4.74	$1,047
May 2014	0	208	94.73	4.73	$983
Apr 2014	0	178	95.94	4.81	$856
Mar 2014	0	208	95.89	5.06	$1,052
Feb 2014	0	161	97.40	6.19	$997
Jan 2014	0	229	90.40	4.86	$1,113
Dec 2013	0	221	91.82	4.35	$962
Nov 2013	0	208	88.85	3.74	$778
Oct 2013	0	232	97.42	3.78	$877
Sep 2013	0	243	104.11	3.72	$903
Aug 2013	0	279	104.25	3.52	$983
Jul 2013	0	275	102.52	3.72	$1,022
Jun 2013	0	254	94.40	3.93	$999
May 2013	0	256	94.83	4.15	$1,062
Apr 2013	0	244	93.96	4.28	$1,045
Mar 2013	0	252	93.62	3.91	$986
Feb 2013	0	197	91.23	3.42	$674
Jan 2013	0	319	91.60	3.42	$1,091
Dec 2012	0	239	86.77	3.42	$817
Nov 2012	0	246	86.95	3.62	$892
Oct 2012	0	173	89.38	3.40	$588
Sep 2012	0	133	94.67	2.92	$388
Aug 2012	0	139	92.66	2.91	$404
Jul 2012	0	124	85.13	3.02	$375
Jun 2012	0	239	79.82	2.52	$602
May 2012	0	109	91.61	2.49	$271
Apr 2012	0	231	101.65	2.00	$461
Mar 2012	0	356	105.05	2.22	$791
Feb 2012	0	546	101.10	2.57	$1,403
Jan 2012	0	722	98.09	2.73	$1,974
Dec 2011	0	1,019	96.87	3.24	$3,301
Nov 2011	0	914	95.72	3.31	$3,027
Oct 2011	0	587	84.98	3.65	$2,142
Sep 2011	0	919	83.62	3.99	$3,663
Aug 2011	0	795	83.40	4.15	$3,299
Jul 2011	0	747	94.14	4.52	$3,374
Jun 2011	0	1,005	92.90	4.64	$4,663
May 2011	0	429	98.13	4.40	$1,890
Apr 2011	0	920	105.96	4.33	$3,987
Mar 2011	0	971	96.36	4.06	$3,940
Feb 2011	0	677	85.64	4.18	$2,830
Jan 2011	0	771	86.50	4.59	$3,538
Dec 2010	0	871	85.73	4.35	$3,787
Nov 2010	0	1,029	80.84	3.80	$3,905
Oct 2010	0	777	78.10	3.51	$2,726
Sep 2010	0	729	72.63	3.98	$2,901
Aug 2010	0	594	73.68	4.42	$2,625
Jul 2010	0	824	72.55	4.74	$3,903
Jun 2010	0	752	70.36	4.91	$3,693
May 2010	0	796	71.12	4.24	$3,371
Apr 2010	0	699	81.69	4.12	$2,882
Mar 2010	0	647	78.39	4.39	$2,839
Feb 2010	0	652	73.58	5.44	$3,548
Jan 2010	0	691	74.36	5.96	$4,121
Dec 2009	0	814	71.44	5.48	$4,464
Nov 2009	0	810	74.59	3.75	$3,039
Oct 2009	0	777	72.54	4.11	$3,194
Sep 2009	0	702	65.54	3.06	$2,151
Aug 2009	0	577	67.42	3.22	$1,857
Jul 2009	0	151	61.13	3.46	$523
Jun 2009	0	101	66.16	3.90	$393
May 2009	0	542	54.74	3.93	$2,128
Apr 2009	0	688	46.77	3.59	$2,468
Mar 2009	0	534	42.14	4.06	$2,168
Feb 2009	0	450	32.81	4.63	$2,085
Jan 2009	0	586	35.86	5.37	$3,147
Dec 2008	0	533	37.10	5.98	$3,186
Nov 2008	0	479	55.49	6.86	$3,286
Oct 2008	0	526	75.24	6.92	$3,641
Sep 2008	0	528	101.76	7.88	$4,159
Aug 2008	0	572	114.22	8.48	$4,852
Jul 2008	0	610	131.08	11.39	$6,948
Jun 2008	0	550	131.33	13.03	$7,168
May 2008	0	619	123.17	11.57	$7,164
Apr 2008	0	629	110.31	10.45	$6,576
Mar 2008	0	686	101.90	9.66	$6,630
Feb 2008	0	648	92.53	8.77	$5,683
Jan 2008	0	706	90.38	8.21	$5,793
Dec 2007	0	688	88.33	7.30	$5,024
Nov 2007	0	679	91.67	7.29	$4,951
Oct 2007	0	776	82.85	6.92	$5,371
Sep 2007	0	802	75.84	6.24	$5,008
Aug 2007	0	648	69.06	6.39	$4,139
Jul 2007	0	683	70.90	6.39	$4,363
Jun 2007	0	614	62.00	7.55	$4,635
May 2007	0	676	58.74	7.85	$5,304
Apr 2007	0	724	59.61	7.81	$5,651
Mar 2007	0	862	56.92	7.30	$6,294
Feb 2007	0	691	55.10	8.22	$5,677
Jan 2007	0	714	50.30	6.73	$4,803
Dec 2006	0	709	56.65	6.92	$4,905
Nov 2006	0	631	54.20	7.62	$4,807
Oct 2006	0	619	54.90	6.01	$3,723
Sep 2006	0	650	60.08	5.04	$3,274
Aug 2006	0	710	68.71	7.34	$5,211
Jul 2006	0	757	69.37	6.34	$4,801
Jun 2006	0	713	66.28	6.38	$4,552
May 2006	0	735	66.01	6.42	$4,722
Apr 2006	0	744	64.39	7.36	$5,476
Mar 2006	0	662	56.70	7.08	$4,689
Feb 2006	0	727	57.59	7.75	$5,635
Jan 2006	0	731	60.59	8.93	$6,530
Dec 2005	0	660	54.94	13.42	$8,854
Nov 2005	0	827	54.69	10.59	$8,757
Oct 2005	0	845	58.34	13.80	$11,657
Sep 2005	0	695	61.45	12.08	$8,395
Aug 2005	0	644	61.51	9.80	$6,309
Jul 2005	0	714	55.69	7.84	$5,600
Jun 2005	0	702	52.33	7.38	$5,181
May 2005	0	733	45.22	6.65	$4,875
Apr 2005	0	826	49.20	7.36	$6,080
Mar 2005	0	795	50.37	7.15	$5,688
Feb 2005	0	731	45.22	6.31	$4,614
Jan 2005	0	738	43.16	6.32	$4,666
Dec 2004	0	696	39.86	6.75	$4,699
Nov 2004	0	705	45.28	6.33	$4,463
Oct 2004	0	772	49.70	6.52	$5,030
Sep 2004	0	905	43.24	5.28	$4,782
Aug 2004	0	843	42.37	5.55	$4,679
Jul 2004	0	808	38.28	6.08	$4,916
Jun 2004	0	732	36.10	6.43	$4,709
May 2004	0	812	37.48	6.49	$5,274
Apr 2004	0	767	34.47	5.86	$4,493
Mar 2004	0	872	34.36	5.53	$4,822
Feb 2004	0	479	32.45	5.51	$2,639
Jan 2004	0	1,049	32.03	6.30	$6,608
Dec 2003	0	1,049	30.26	6.30	$6,610
Nov 2003	0	911	28.80	4.60	$4,186
Oct 2003	0	1,164	28.17	4.76	$5,540
Sep 2003	67	946	26.31	4.75	$6,256
Aug 2003	0	1,001	29.76	5.13	$5,135
Jul 2003	0	933	29.41	5.17	$4,824
Jun 2003	0	1,062	28.56	5.98	$6,354
May 2003	0	1,128	26.59	5.97	$6,737
Apr 2003	0	1,075	26.67	5.41	$5,813
Mar 2003	0	972	31.14	6.10	$5,925
Feb 2003	0	815	33.48	7.93	$6,460
Jan 2003	0	986	30.31	5.58	$5,504
Dec 2002	0	875	26.91	4.85	$4,247
Nov 2002	0	1,013	24.66	4.14	$4,191
Oct 2002	0	1,136	26.46	4.23	$4,804
Sep 2002	0	992	27.44	3.64	$3,606
Aug 2002	0	1,028	25.96	3.16	$3,253
Jul 2002	0	1,008	24.58	3.06	$3,086
Jun 2002	0	1,005	23.73	3.34	$3,355
May 2002	0	957	24.66	3.58	$3,430
Apr 2002	0	893	23.65	3.51	$3,137
Mar 2002	0	681	22.00	3.10	$2,113
Feb 2002	0	724	18.22	2.38	$1,720
Jan 2002	0	503	17.17	2.38	$1,195
Dec 2001	0	998	16.93	2.36	$2,360
Nov 2001	0	937	18.07	2.41	$2,254
Oct 2001	0	991	19.78	2.53	$2,506
Sep 2001	0	994	24.26	2.25	$2,238
Aug 2001	0	1,059	24.87	3.05	$3,233
Jul 2001	0	1,071	23.93	3.20	$3,424
Jun 2001	0	1,158	24.56	3.82	$4,428
May 2001	0	1,088	25.52	4.31	$4,686
Apr 2001	0	858	24.68	5.34	$4,578
Mar 2001	0	956	24.54	5.38	$5,140
Feb 2001	0	819	27.75	5.77	$4,723
Jan 2001	1	1,305	27.47	8.40	$10,988
Dec 2000	0	1,105	26.88	9.12	$10,080
Nov 2000	0	847	32.21	5.66	$4,792
Oct 2000	0	1,059	31.23	5.15	$5,449
Sep 2000	0	902	31.87	5.19	$4,678
Aug 2000	0	1,263	29.64	4.54	$5,735
Jul 2000	0	1,039	28.53	4.09	$4,249
Jun 2000	0	1,154	29.30	4.40	$5,074
May 2000	0	1,201	27.26	3.68	$4,419
Apr 2000	0	1,156	24.51	3.12	$3,602
Mar 2000	0	922	28.42	2.86	$2,637
Feb 2000	0	1,220	27.62	2.73	$3,326
Jan 2000	0	1,184	25.27	2.48	$2,937
Dec 1999	0	1,104	24.28	2.42	$2,676
Nov 1999	0	1,198	23.19	2.43	$2,916
Oct 1999	105	1,526	20.98	2.80	$6,481
Sep 1999	0	1,271	21.75	2.62	$3,329
Aug 1999	0	1,413	19.26	2.88	$4,063
Jul 1999	0	1,601	17.89	2.37	$3,798
Jun 1999	0	1,262	15.94	2.36	$2,981
May 1999	0	1,311	15.79	2.32	$3,043
Apr 1999	0	1,332	15.10	2.21	$2,941
Mar 1999	0	1,235	12.47	1.84	$2,270
Feb 1999	0	1,011	9.98	1.82	$1,838
Jan 1999	0	829	10.38	1.90	$1,575
Dec 1998	0	917	9.20	1.77	$1,626
Nov 1998	0	1,269	10.89	2.19	$2,774
Oct 1998	0	1,376	12.42	1.97	$2,710
Sep 1998	0	1,650	12.59	2.08	$3,436
Aug 1998	0	1,421	11.30	1.91	$2,710
Jul 1998	0	1,300	11.74	2.24	$2,908
Jun 1998	0	1,253	11.24	2.24	$2,803
May 1998	0	1,332	12.62	2.21	$2,939
Apr 1998	0	1,391	13.04	2.51	$3,485
Mar 1998	0	1,505	12.80	2.31	$3,476
Feb 1998	0	1,597	13.95	2.30	$3,672
Jan 1998	0	1,264	14.70	2.15	$2,724
Dec 1997	0	1,106	16.32	2.41	$2,667
Nov 1997	0	1,420	18.19	3.09	$4,385
Oct 1997	0	1,557	19.25	3.15	$4,904
Sep 1997	0	1,685	17.74	2.95	$4,979
Aug 1997	0	1,771	17.86	2.55	$4,524
Jul 1997	0	1,680	17.58	2.25	$3,775
Jun 1997	0	1,842	17.24	2.26	$4,158
May 1997	0	1,766	18.97	2.31	$4,077
Apr 1997	0	1,220	17.88	2.08	$2,541
Mar 1997	0	1,689	18.95	1.94	$3,275
Feb 1997	0	1,296	20.49	2.21	$2,859
Jan 1997	0	1,323	23.48	3.54	$4,683
Dec 1996	0	1,487	23.32	—	$0
Nov 1996	65	1,736	21.97	—	$1,428
Oct 1996	0	1,606	23.31	—	$0
Sep 1996	0	1,878	22.22	—	$0
Aug 1996	0	1,705	20.26	—	$0
Jul 1996	0	1,757	19.55	—	$0
Jun 1996	0	1,818	18.73	—	$0
May 1996	0	1,960	19.43	—	$0
Apr 1996	0	1,851	21.51	—	$0
Mar 1996	0	1,662	19.38	—	$0
Feb 1996	0	1,499	16.98	—	$0
Jan 1996	0	1,875	17.07	—	$0
Dec 1995	0	972	17.19	—	$0
Nov 1995	0	1,249	16.00	—	$0
Oct 1995	0	1,394	15.43	—	$0
Sep 1995	1	1,381	16.18	—	$16
Aug 1995	0	1,568	15.92	—	$0
Jul 1995	0	1,198	15.24	—	$0
Jun 1995	0	1,312	16.41	—	$0
May 1995	0	1,705	17.56	—	$0
Apr 1995	0	1,632	17.73	—	$0
Mar 1995	0	1,665	16.44	—	$0
Feb 1995	65	1,256	16.58	—	$1,078
Jan 1995	0	1,778	15.92	—	$0
Dec 1994	0	1,753	15.03	—	$0
Nov 1994	0	1,133	15.90	—	$0
Oct 1994	0	1,626	15.58	—	$0
Sep 1994	0	1,080	15.29	—	$0
Aug 1994	0	636	16.13	—	$0
Jul 1994	0	1,279	17.56	—	$0
Jun 1994	0	1,439	17.09	—	$0
May 1994	0	1,027	15.88	—	$0
Apr 1994	0	1,356	14.14	—	$0
Mar 1994	0	1,742	12.46	—	$0
Feb 1994	0	1,275	12.50	—	$0
Jan 1994	0	1,548	12.66	—	$0
Dec 1993	0	1,287	12.33	—	$0
Nov 1993	0	1,622	14.49	—	$0
Oct 1993	133	1,307	15.85	—	$2,108
Sep 1993	0	1,411	15.03	—	$0
Aug 1993	0	1,046	15.66	—	$0
Jul 1993	0	975	15.46	—	$0
Jun 1993	0	1,231	16.79	—	$0
May 1993	0	355	17.68	—	$0
Apr 1993	0	646	18.05	—	$0
Mar 1993	0	1,508	18.14	—	$0
Feb 1993	0	1,228	17.90	—	$0
Jan 1993	0	438	16.93	—	$0

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.

Dec 2016 — as filed, then multipliedworked

Condensate            15 bbl  × $ 48.76 =       $731
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                     $731

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/85413 is the state's own key, not one this site invented.