PAGE-GIBSON
PAGE-GIBSON is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Platinum Exploration Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 86,415 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 $191K, with roughly $37K 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 69 barrels a month. Its strongest month on the record we hold was July 2016, at 560 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 PAGE-GIBSON
- Who operates PAGE-GIBSON?
- PAGE-GIBSON is operated by Platinum Exploration Inc., Railroad Commission of Texas operator number 667939.
- Where is PAGE-GIBSON?
- PAGE-GIBSON is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68730.
- Is PAGE-GIBSON still producing?
- PAGE-GIBSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAGE-GIBSON is August 2026.
- How much has PAGE-GIBSON produced?
- PAGE-GIBSON has reported 86,415 barrels of oil (bbl) to the Railroad Commission of Texas between May 2004 and August 2026, from 1 wellbore.
- How much is PAGE-GIBSON worth?
- The remaining production from PAGE-GIBSON is estimated to be worth about $191K in total as of 27 August 2026, within a range of $105K to $277K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGE-GIBSON is a fraction of it. The estimate fits an Arps decline curve to the production PAGE-GIBSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGE-GIBSON is an estimate of value, not an offer and not an appraisal.
- How much income does PAGE-GIBSON generate in a year?
- PAGE-GIBSON is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAGE-GIBSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Platinum Exploration Inc. |
|---|---|
| Field | Tercera Vez (Devonian) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68730 |
| Wellbores | 1 |
| Reported production | 86,415 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $191K |
Where PAGE-GIBSON 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.