GIBSON 7B
GIBSON 7B is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 22,112 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 $7K, with roughly $1K expected over the next twelve months.
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 41918 |
| Wellbores | 2 |
| Reported production | 22,112 bbl |
| First reported | November 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
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.