GIBSON UNIT 1 DIM
GIBSON UNIT 1 DIM is a Texas gas lease in Dimmit County, Railroad Commission district 01, operated by Ineos USA Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 710,380 thousand cubic feet. 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 $4.0M, with roughly $876K 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 6,923 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 20,807 thousand cubic feet. 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 UNIT 1 DIM
- Who operates GIBSON UNIT 1 DIM?
- GIBSON UNIT 1 DIM is operated by Ineos USA Oil & Gas LLC, Railroad Commission of Texas operator number 424176.
- Where is GIBSON UNIT 1 DIM?
- GIBSON UNIT 1 DIM is a Texas gas lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 300263.
- Is GIBSON UNIT 1 DIM still producing?
- GIBSON UNIT 1 DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON UNIT 1 DIM is August 2026.
- How much has GIBSON UNIT 1 DIM produced?
- GIBSON UNIT 1 DIM has reported 710,380 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is GIBSON UNIT 1 DIM worth?
- The remaining production from GIBSON UNIT 1 DIM is estimated to be worth about $4.0M in total as of 27 August 2026, within a range of $3.3M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON UNIT 1 DIM is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON UNIT 1 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 UNIT 1 DIM is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON UNIT 1 DIM generate in a year?
- GIBSON UNIT 1 DIM is forecast to net about $876K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIBSON UNIT 1 DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ineos USA Oil & Gas LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 300263 |
| Wellbores | 1 |
| Reported production | 710,380 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where GIBSON UNIT 1 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.