GIBBS, N.V.

Operated by KOLLAO PROPERTIES LLC (P-5 474275) in the J. R. G. CANYON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 96374District 7BField 45180100CondensateGasSave
Value, all time
$136 k
Jan 1993 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
295
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1 bbl$25
GasProduction86,538 Mcf$135,827
Total$135,851

47,297 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 32.2199, -99.3185. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21988, -99.31848 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,247 ft
1 wells filed one
Completion to plug
35.8 years
median over 1 wells

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 2,247 ft.

Completions filed
Sep 1981
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0593331412,247 ftSep 1981Jul 2017Yes

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 (295)

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

295 months

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 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
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 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005031150.377.15$2,225
Feb 2005029345.226.31$1,849
Jan 2005035143.166.32$2,219
Dec 2004029939.866.75$2,019
Nov 2004032745.286.33$2,070
Oct 2004047549.706.52$3,095
Sep 2004011943.245.28$629
Aug 200402042.375.55$111
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003012030.266.30$756
Nov 2003026228.804.60$1,204
Oct 2003035328.174.76$1,680
Sep 2003050626.314.75$2,403
Aug 2003036729.765.13$1,883
Jul 2003041529.415.17$2,146
Jun 2003044528.565.98$2,662
May 2003042526.595.97$2,538
Apr 2003038026.675.41$2,055
Mar 2003042031.146.10$2,560
Feb 2003026733.487.93$2,116
Jan 2003033730.315.58$1,881
Dec 2002038626.914.85$1,874
Nov 2002036824.664.14$1,522
Oct 2002044626.464.23$1,886
Sep 2002040327.443.64$1,465
Aug 2002042525.963.16$1,345
Jul 2002040324.583.06$1,234
Jun 2002042523.733.34$1,419
May 2002034824.663.58$1,247
Apr 2002038923.653.51$1,366
Mar 20020022.003.10$0
Feb 2002043318.222.38$1,029
Jan 2002047317.172.38$1,124
Dec 2001012016.932.36$284
Nov 2001025618.072.41$616
Oct 2001033119.782.53$837
Sep 2001039124.262.25$880
Aug 2001132724.873.05$1,023
Jul 2001036823.933.20$1,177
Jun 2001034424.563.82$1,316
May 2001032925.524.31$1,417
Apr 2001026624.685.34$1,419
Mar 2001030924.545.38$1,661
Feb 2001025127.755.77$1,448
Jan 2001031127.478.40$2,612
Dec 2000023726.889.12$2,162
Nov 2000013732.215.66$775
Oct 2000013731.235.15$705
Sep 2000066031.875.19$3,423
Aug 2000067529.644.54$3,065
Jul 2000068228.534.09$2,789
Jun 2000066029.304.40$2,902
May 2000068227.263.68$2,510
Apr 2000036724.513.12$1,144
Mar 2000017928.422.86$512
Feb 200009327.622.73$254
Jan 2000013725.272.48$340
Dec 1999033124.282.42$802
Nov 1999035223.192.43$857
Oct 1999046020.982.80$1,290
Sep 1999029321.752.62$767
Aug 1999031519.262.88$906
Jul 19990017.892.37$0
Jun 1999022915.942.36$541
May 1999046015.792.32$1,068
Apr 1999040415.102.21$892
Mar 1999044712.471.84$822
Feb 199903349.981.82$607
Jan 1999051210.381.90$973
Dec 199806479.201.77$1,147
Nov 1998048410.892.19$1,058
Oct 1998046812.421.97$922
Sep 1998034912.592.08$727
Aug 1998049611.301.91$946
Jul 199801,03711.742.24$2,320
Jun 1998057411.242.24$1,284
May 1998058712.622.21$1,295
Apr 1998053513.042.51$1,340
Mar 1998058612.802.31$1,353
Feb 1998021613.952.30$497
Jan 1998050214.702.15$1,082
Dec 1997063116.322.41$1,521
Nov 1997059618.193.09$1,841
Oct 1997034219.253.15$1,077
Sep 1997088717.742.95$2,621
Aug 199701,02117.862.55$2,608
Jul 199701,32517.582.25$2,977
Jun 1997075717.242.26$1,709
May 1997090818.972.31$2,096
Apr 1997073917.882.08$1,539
Mar 1997085218.951.94$1,652
Feb 1997064320.492.21$1,418
Jan 1997068223.483.54$2,414
Dec 1996055623.32$0
Nov 1996055421.97$0
Oct 199601,22923.31$0
Sep 199601,27922.22$0
Aug 199601,38620.26$0
Jul 1996049619.55$0
Jun 19960218.73$0
May 199608619.43$0
Apr 1996022021.51$0
Mar 1996023419.38$0
Feb 1996048016.98$0
Jan 1996061117.07$0
Dec 1995088017.19$0
Nov 1995099016.00$0
Oct 199501,24115.43$0
Sep 199501,42116.18$0
Aug 199501,52015.92$0
Jul 199501,38315.24$0
Jun 199501,26916.41$0
May 199501,21117.56$0
Apr 199501,22117.73$0
Mar 199501,53216.44$0
Feb 199501,26316.58$0
Jan 199501,59015.92$0
Dec 199401,48215.03$0
Nov 199401,31415.90$0
Oct 1994079615.58$0
Sep 199401,80815.29$0
Aug 199402,10516.13$0
Jul 199402,35117.56$0
Jun 199401,03017.09$0
May 199401,26515.88$0
Apr 199401,51814.14$0
Mar 199401,51912.46$0
Feb 199401,61212.50$0
Jan 199401,11012.66$0
Dec 1993059312.33$0
Nov 1993037014.49$0
Oct 1993026115.85$0
Sep 1993024615.03$0
Aug 1993037315.66$0
Jul 1993067215.46$0
Jun 199301,06616.79$0
May 199301,60517.68$0
Apr 1993053718.05$0
Mar 1993058918.14$0
Feb 1993033717.90$0
Jan 199308416.93$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.

Mar 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.37 =         $0
Gas                  311 Mcf  × $  7.15 =     $2,225

────────────────────────────────────────────────────
Month total                                   $2,225

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/96374 is the state's own key, not one this site invented.