GIBSON EAST 22
GIBSON EAST 22 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 6 wellbores on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 748,352 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 $16.9M, with roughly $4.3M 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 5,867 barrels a month, about 978 per wellbore. Its strongest month on the record we hold was August 2021, at 80,988 barrels. 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 EAST 22
- Who operates GIBSON EAST 22?
- GIBSON EAST 22 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is GIBSON EAST 22?
- GIBSON EAST 22 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56600.
- Is GIBSON EAST 22 still producing?
- GIBSON EAST 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON EAST 22 is August 2026.
- How much has GIBSON EAST 22 produced?
- GIBSON EAST 22 has reported 748,352 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 6 wellbores.
- How much is GIBSON EAST 22 worth?
- The remaining production from GIBSON EAST 22 is estimated to be worth about $16.9M in total as of 27 August 2026, within a range of $14.0M to $19.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON EAST 22 is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON EAST 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON EAST 22 is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON EAST 22 generate in a year?
- GIBSON EAST 22 is forecast to net about $4.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIBSON EAST 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 56600 |
| Wellbores | 6 |
| Reported production | 748,352 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.9M |
Where GIBSON EAST 22 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.