GIBSON GAS UNIT
GIBSON GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 2,441,675 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $20K, with roughly $4K expected over the next twelve months.
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Hardwood (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 257339 |
| Wellbores | 1 |
| Reported production | 2,441,675 mcf |
| First reported | June 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $20K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.