GIBSON SOUTH UNIT 16 DIM
GIBSON SOUTH UNIT 16 DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 318,841 barrels. 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 $57K, with roughly $12K expected over the next twelve months.
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 18477 |
| Wellbores | 2 |
| Reported production | 318,841 bbl |
| First reported | April 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $57K |
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.