GIBSON SOUTH UNIT 4 DIM
GIBSON SOUTH UNIT 4 DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 364,305 barrels. 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 $3.1M, with roughly $651K 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 749 barrels a month. Its strongest month on the record we hold was July 2017, at 34,566 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SOUTH UNIT 4 DIM
- Who operates GIBSON SOUTH UNIT 4 DIM?
- GIBSON SOUTH UNIT 4 DIM is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is GIBSON SOUTH UNIT 4 DIM?
- GIBSON SOUTH UNIT 4 DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19057.
- Is GIBSON SOUTH UNIT 4 DIM still producing?
- GIBSON SOUTH UNIT 4 DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON SOUTH UNIT 4 DIM is August 2026.
- How much has GIBSON SOUTH UNIT 4 DIM produced?
- GIBSON SOUTH UNIT 4 DIM has reported 364,305 barrels of oil (bbl) to the Railroad Commission of Texas between June 2017 and August 2026, from 1 wellbore.
- How much is GIBSON SOUTH UNIT 4 DIM worth?
- The remaining production from GIBSON SOUTH UNIT 4 DIM is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.4M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON SOUTH UNIT 4 DIM is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON SOUTH UNIT 4 DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON SOUTH UNIT 4 DIM is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON SOUTH UNIT 4 DIM generate in a year?
- GIBSON SOUTH UNIT 4 DIM is forecast to net about $651K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIBSON SOUTH UNIT 4 DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 19057 |
| Wellbores | 1 |
| Reported production | 364,305 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where GIBSON SOUTH UNIT 4 DIM 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.