GIBSON 7 UNIT
GIBSON 7 UNIT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Mariner Energy, Inc. It has 3 wellbores on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 55,948 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 $306K, with roughly $48K 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 38 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was January 2018, at 279 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 7 UNIT
- Who operates GIBSON 7 UNIT?
- GIBSON 7 UNIT is operated by Mariner Energy, Inc., Railroad Commission of Texas operator number 526155.
- Where is GIBSON 7 UNIT?
- GIBSON 7 UNIT is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39874.
- Is GIBSON 7 UNIT still producing?
- GIBSON 7 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON 7 UNIT is August 2026.
- How much has GIBSON 7 UNIT produced?
- GIBSON 7 UNIT has reported 55,948 barrels of oil (bbl) to the Railroad Commission of Texas between December 2009 and August 2026, from 3 wellbores.
- How much is GIBSON 7 UNIT worth?
- The remaining production from GIBSON 7 UNIT is estimated to be worth about $306K in total as of 27 August 2026, within a range of $168K to $444K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON 7 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON 7 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON 7 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON 7 UNIT generate in a year?
- GIBSON 7 UNIT is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIBSON 7 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mariner Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 39874 |
| Wellbores | 3 |
| Reported production | 55,948 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $306K |
Where GIBSON 7 UNIT 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.