Oil and gas leases in Gibbs Drilling Co.

Gibbs Drilling Co. is a Texas operator, Commission number 302630, with 5 leases reporting production across 1 county. Between them they carry 10 wellbores. Reported volumes run from January 1993 to July 2005 and come to 10 thousand barrels of oil. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Gibbs Drilling Co.

How many oil and gas leases are in Gibbs Drilling Co.?
Gibbs Drilling Co. has 5 oil and gas leases with production reported to the Railroad Commission of Texas, as of July 2005.
How much oil and gas has Gibbs Drilling Co. produced?
Leases in Gibbs Drilling Co. have reported 10,125 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and July 2005.
How much are mineral rights in Gibbs Drilling Co. worth?
There is no single figure: what a mineral or royalty interest in Gibbs Drilling Co. is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 5 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Railroad Commission districts

Leases

  • THOMPSON -B- — oil, Gibbs Drilling Co., Crockett County, 7 thousand reported
  • THOMPSON — oil, Gibbs Drilling Co., Crockett County, 3 thousand reported
  • THOMPSON, GEORGE -A- — oil, Gibbs Drilling Co., Crockett County, 464 reported
  • T. P. FEE — oil, Gibbs Drilling Co., Crockett County, 161 reported
  • STATE SCHOOL BOARD -BJ- — oil, Gibbs Drilling Co., Crockett County, 108 reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.