GIBSON FARMS 171
GIBSON FARMS 171 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Upland Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 672,955 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 the whole lease — a 100% undivided interest — at about $382K, with roughly $77K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,736 thousand cubic feet a month. Its strongest month on the record we hold was December 2024, at 8,715 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GIBSON FARMS 171
- Who operates GIBSON FARMS 171?
- GIBSON FARMS 171 is operated by Upland Resources LLC, Railroad Commission of Texas operator number 878931.
- Where is GIBSON FARMS 171?
- GIBSON FARMS 171 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 279330.
- Is GIBSON FARMS 171 still producing?
- GIBSON FARMS 171 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON FARMS 171 is August 2026.
- How much has GIBSON FARMS 171 produced?
- GIBSON FARMS 171 has reported 672,955 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is GIBSON FARMS 171 worth?
- The remaining production from GIBSON FARMS 171 is estimated to be worth about $382K in total as of 27 August 2026, within a range of $317K to $447K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON FARMS 171 is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON FARMS 171 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON FARMS 171 is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON FARMS 171 generate in a year?
- GIBSON FARMS 171 is forecast to net about $77K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIBSON FARMS 171 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upland Resources LLC |
|---|---|
| Field | Lipscomb (Atoka 9200) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 279330 |
| Wellbores | 1 |
| Reported production | 672,955 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $382K |
Where GIBSON FARMS 171 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.