GIBBONS
GIBBONS is a Texas gas lease in Eastland County, Railroad Commission district 7B, operated by Umc Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 403,289 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 $25K, with roughly $5K 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 567 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 3,758 thousand cubic feet. 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 GIBBONS
- Who operates GIBBONS?
- GIBBONS is operated by Umc Petroleum Corporation, Railroad Commission of Texas operator number 875595.
- Where is GIBBONS?
- GIBBONS is a Texas gas lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 115228.
- Is GIBBONS still producing?
- GIBBONS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBBONS is August 2026.
- How much has GIBBONS produced?
- GIBBONS has reported 403,289 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GIBBONS worth?
- The remaining production from GIBBONS is estimated to be worth about $25K in total as of 27 August 2026, within a range of $20K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBBONS is a fraction of it. The estimate fits an Arps decline curve to the production GIBBONS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBBONS is an estimate of value, not an offer and not an appraisal.
- How much income does GIBBONS generate in a year?
- GIBBONS is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIBBONS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Umc Petroleum Corporation |
|---|---|
| Field | Blind Hog (Caddo) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 115228 |
| Wellbores | 1 |
| Reported production | 403,289 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where GIBBONS 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.