GIBSON-BELDING

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

Operated by PITCOCK, INC. (P-5 665870) 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 91691District 7BField 04809500NGPA filingCondensateGasSave Export

Value, all time

$202 k

Jan 1993 – Feb 2018

Value, last 12 filed months

at the published price for each month

Months reported

302

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.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	136 bbl	$4,458
Gas	Production	76,983 Mcf	$197,932
Total			$202,390

32,727 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 32.8399, -98.4613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.83989, -98.46134 · 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

4,271 ft

1 wells filed one

Completion to plug

31.2 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 4,271 ft.

Completions filed

Jan 1981

1 of 1 wells

Plug dates filed

Mar 2012

1 of 1 wells

Last completion to plug: a median of 31.2 years across the 1 well that filed both dates, with the middle half between 31.2 years and 31.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36332525	6	4,271 ft	Jan 1981	Mar 2012	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 (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


Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
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	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	13	98.09	2.73	$36
Dec 2011	0	19	96.87	3.24	$62
Nov 2011	0	36	95.72	3.31	$119
Oct 2011	0	22	84.98	3.65	$80
Sep 2011	0	22	83.62	3.99	$88
Aug 2011	0	28	83.40	4.15	$116
Jul 2011	0	29	94.14	4.52	$131
Jun 2011	0	33	92.90	4.64	$153
May 2011	0	45	98.13	4.40	$198
Apr 2011	0	7	105.96	4.33	$30
Mar 2011	0	26	96.36	4.06	$105
Feb 2011	0	8	85.64	4.18	$33
Jan 2011	0	29	86.50	4.59	$133
Dec 2010	0	19	85.73	4.35	$83
Nov 2010	0	19	80.84	3.80	$72
Oct 2010	0	35	78.10	3.51	$123
Sep 2010	0	34	72.63	3.98	$135
Aug 2010	0	3	73.68	4.42	$13
Jul 2010	0	19	72.55	4.74	$90
Jun 2010	0	23	70.36	4.91	$113
May 2010	0	31	71.12	4.24	$131
Apr 2010	0	37	81.69	4.12	$153
Mar 2010	0	23	78.39	4.39	$101
Feb 2010	0	1	73.58	5.44	$5
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	179	72.54	4.11	$736
Sep 2009	0	276	65.54	3.06	$846
Aug 2009	0	370	67.42	3.22	$1,191
Jul 2009	0	284	61.13	3.46	$984
Jun 2009	0	106	66.16	3.90	$413
May 2009	0	131	54.74	3.93	$514
Apr 2009	0	245	46.77	3.59	$879
Mar 2009	0	180	42.14	4.06	$731
Feb 2009	0	255	32.81	4.63	$1,181
Jan 2009	0	311	35.86	5.37	$1,670
Dec 2008	0	217	37.10	5.98	$1,297
Nov 2008	0	266	55.49	6.86	$1,825
Oct 2008	0	279	75.24	6.92	$1,931
Sep 2008	0	381	101.76	7.88	$3,001
Aug 2008	0	344	114.22	8.48	$2,918
Jul 2008	0	346	131.08	11.39	$3,941
Jun 2008	0	391	131.33	13.03	$5,096
May 2008	0	498	123.17	11.57	$5,764
Apr 2008	0	237	110.31	10.45	$2,478
Mar 2008	0	138	101.90	9.66	$1,334
Feb 2008	0	250	92.53	8.77	$2,193
Jan 2008	0	144	90.38	8.21	$1,182
Dec 2007	0	128	88.33	7.30	$935
Nov 2007	0	129	91.67	7.29	$941
Oct 2007	0	125	82.85	6.92	$865
Sep 2007	0	114	75.84	6.24	$712
Aug 2007	0	122	69.06	6.39	$779
Jul 2007	0	110	70.90	6.39	$703
Jun 2007	0	113	62.00	7.55	$853
May 2007	0	123	58.74	7.85	$965
Apr 2007	0	117	59.61	7.81	$913
Mar 2007	0	146	56.92	7.30	$1,066
Feb 2007	0	125	55.10	8.22	$1,027
Jan 2007	0	125	50.30	6.73	$841
Dec 2006	0	138	56.65	6.92	$955
Nov 2006	0	69	54.20	7.62	$526
Oct 2006	0	91	54.90	6.01	$547
Sep 2006	0	74	60.08	5.04	$373
Aug 2006	0	87	68.71	7.34	$639
Jul 2006	0	114	69.37	6.34	$723
Jun 2006	0	169	66.28	6.38	$1,079
May 2006	0	91	66.01	6.42	$585
Apr 2006	0	78	64.39	7.36	$574
Mar 2006	0	120	56.70	7.08	$850
Feb 2006	0	145	57.59	7.75	$1,124
Jan 2006	0	143	60.59	8.93	$1,277
Dec 2005	0	99	54.94	13.42	$1,328
Nov 2005	0	247	54.69	10.59	$2,615
Oct 2005	0	228	58.34	13.80	$3,145
Sep 2005	0	161	61.45	12.08	$1,945
Aug 2005	0	136	61.51	9.80	$1,332
Jul 2005	0	228	55.69	7.84	$1,788
Jun 2005	0	124	52.33	7.38	$915
May 2005	0	249	45.22	6.65	$1,656
Apr 2005	0	138	49.20	7.36	$1,016
Mar 2005	0	185	50.37	7.15	$1,324
Feb 2005	0	244	45.22	6.31	$1,540
Jan 2005	0	184	43.16	6.32	$1,163
Dec 2004	0	80	39.86	6.75	$540
Nov 2004	0	77	45.28	6.33	$487
Oct 2004	0	64	49.70	6.52	$417
Sep 2004	80	66	43.24	5.28	$3,808
Aug 2004	0	136	42.37	5.55	$755
Jul 2004	0	126	38.28	6.08	$767
Jun 2004	0	129	36.10	6.43	$830
May 2004	0	205	37.48	6.49	$1,331
Apr 2004	0	103	34.47	5.86	$603
Mar 2004	0	56	34.36	5.53	$310
Feb 2004	0	128	32.45	5.51	$705
Jan 2004	0	287	32.03	6.30	$1,808
Dec 2003	0	191	30.26	6.30	$1,204
Nov 2003	0	273	28.80	4.60	$1,254
Oct 2003	0	207	28.17	4.76	$985
Sep 2003	0	344	26.31	4.75	$1,634
Aug 2003	0	192	29.76	5.13	$985
Jul 2003	0	197	29.41	5.17	$1,019
Jun 2003	0	299	28.56	5.98	$1,789
May 2003	0	252	26.59	5.97	$1,505
Apr 2003	0	186	26.67	5.41	$1,006
Mar 2003	0	286	31.14	6.10	$1,743
Feb 2003	0	274	33.48	7.93	$2,172
Jan 2003	0	346	30.31	5.58	$1,931
Dec 2002	0	302	26.91	4.85	$1,466
Nov 2002	0	312	24.66	4.14	$1,291
Oct 2002	0	363	26.46	4.23	$1,535
Sep 2002	0	356	27.44	3.64	$1,294
Aug 2002	0	244	25.96	3.16	$772
Jul 2002	0	293	24.58	3.06	$897
Jun 2002	0	328	23.73	3.34	$1,095
May 2002	0	321	24.66	3.58	$1,150
Apr 2002	0	338	23.65	3.51	$1,187
Mar 2002	0	379	22.00	3.10	$1,176
Feb 2002	0	359	18.22	2.38	$853
Jan 2002	0	438	17.17	2.38	$1,041
Dec 2001	0	442	16.93	2.36	$1,045
Nov 2001	0	366	18.07	2.41	$880
Oct 2001	0	368	19.78	2.53	$931
Sep 2001	0	364	24.26	2.25	$819
Aug 2001	0	379	24.87	3.05	$1,157
Jul 2001	0	330	23.93	3.20	$1,055
Jun 2001	0	445	24.56	3.82	$1,702
May 2001	0	368	25.52	4.31	$1,585
Apr 2001	0	313	24.68	5.34	$1,670
Mar 2001	0	413	24.54	5.38	$2,220
Feb 2001	0	297	27.75	5.77	$1,713
Jan 2001	0	297	27.47	8.40	$2,494
Dec 2000	0	242	26.88	9.12	$2,208
Nov 2000	0	365	32.21	5.66	$2,065
Oct 2000	0	384	31.23	5.15	$1,976
Sep 2000	0	378	31.87	5.19	$1,961
Aug 2000	0	528	29.64	4.54	$2,398
Jul 2000	0	507	28.53	4.09	$2,074
Jun 2000	0	460	29.30	4.40	$2,023
May 2000	0	512	27.26	3.68	$1,884
Apr 2000	0	525	24.51	3.12	$1,636
Mar 2000	0	354	28.42	2.86	$1,012
Feb 2000	0	203	27.62	2.73	$553
Jan 2000	0	377	25.27	2.48	$935
Dec 1999	0	465	24.28	2.42	$1,127
Nov 1999	0	490	23.19	2.43	$1,193
Oct 1999	0	458	20.98	2.80	$1,284
Sep 1999	0	537	21.75	2.62	$1,406
Aug 1999	0	454	19.26	2.88	$1,306
Jul 1999	0	482	17.89	2.37	$1,143
Jun 1999	0	364	15.94	2.36	$860
May 1999	0	306	15.79	2.32	$710
Apr 1999	0	429	15.10	2.21	$947
Mar 1999	0	618	12.47	1.84	$1,136
Feb 1999	0	504	9.98	1.82	$916
Jan 1999	0	603	10.38	1.90	$1,146
Dec 1998	0	426	9.20	1.77	$755
Nov 1998	0	852	10.89	2.19	$1,862
Oct 1998	0	378	12.42	1.97	$744
Sep 1998	0	184	12.59	2.08	$383
Aug 1998	0	180	11.30	1.91	$343
Jul 1998	0	202	11.74	2.24	$452
Jun 1998	0	203	11.24	2.24	$454
May 1998	0	217	12.62	2.21	$479
Apr 1998	0	198	13.04	2.51	$496
Mar 1998	0	200	12.80	2.31	$462
Feb 1998	0	279	13.95	2.30	$641
Jan 1998	0	375	14.70	2.15	$808
Dec 1997	0	538	16.32	2.41	$1,297
Nov 1997	0	503	18.19	3.09	$1,553
Oct 1997	0	808	19.25	3.15	$2,545
Sep 1997	0	831	17.74	2.95	$2,456
Aug 1997	0	897	17.86	2.55	$2,292
Jul 1997	0	668	17.58	2.25	$1,501
Jun 1997	0	144	17.24	2.26	$325
May 1997	0	195	18.97	2.31	$450
Apr 1997	0	211	17.88	2.08	$439
Mar 1997	0	499	18.95	1.94	$968
Feb 1997	0	195	20.49	2.21	$430
Jan 1997	0	201	23.48	3.54	$711
Dec 1996	0	306	23.32	—	$0
Nov 1996	0	695	21.97	—	$0
Oct 1996	0	482	23.31	—	$0
Sep 1996	0	506	22.22	—	$0
Aug 1996	0	325	20.26	—	$0
Jul 1996	0	413	19.55	—	$0
Jun 1996	0	445	18.73	—	$0
May 1996	0	729	19.43	—	$0
Apr 1996	0	612	21.51	—	$0
Mar 1996	0	638	19.38	—	$0
Feb 1996	0	270	16.98	—	$0
Jan 1996	0	563	17.07	—	$0
Dec 1995	0	798	17.19	—	$0
Nov 1995	0	882	16.00	—	$0
Oct 1995	0	465	15.43	—	$0
Sep 1995	0	870	16.18	—	$0
Aug 1995	0	346	15.92	—	$0
Jul 1995	0	487	15.24	—	$0
Jun 1995	0	726	16.41	—	$0
May 1995	0	566	17.56	—	$0
Apr 1995	39	925	17.73	—	$691
Mar 1995	0	1,072	16.44	—	$0
Feb 1995	0	1,049	16.58	—	$0
Jan 1995	0	969	15.92	—	$0
Dec 1994	0	1,299	15.03	—	$0
Nov 1994	0	1,160	15.90	—	$0
Oct 1994	0	1,213	15.58	—	$0
Sep 1994	0	432	15.29	—	$0
Aug 1994	0	226	16.13	—	$0
Jul 1994	0	345	17.56	—	$0
Jun 1994	0	410	17.09	—	$0
May 1994	0	572	15.88	—	$0
Apr 1994	0	998	14.14	—	$0
Mar 1994	0	1,172	12.46	—	$0
Feb 1994	0	263	12.50	—	$0
Jan 1994	0	240	12.66	—	$0
Dec 1993	0	342	12.33	—	$0
Nov 1993	0	463	14.49	—	$0
Oct 1993	0	856	15.85	—	$0
Sep 1993	0	551	15.03	—	$0
Aug 1993	0	677	15.66	—	$0
Jul 1993	0	705	15.46	—	$0
Jun 1993	0	1,178	16.79	—	$0
May 1993	0	1,118	17.68	—	$0
Apr 1993	17	855	18.05	—	$307
Mar 1993	0	1,265	18.14	—	$0
Feb 1993	0	654	17.90	—	$0
Jan 1993	0	594	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.

Jan 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 98.09 =         $0
Gas                   13 Mcf  × $  2.73 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/91691 is the state's own key, not one this site invented.