GIBBONS, J. E.
GIBBONS, J. E. is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Winchester Production Company. It has 4 wellbores on file with the Commission. Reported production runs from April 1996 to August 2026, totalling 19,183 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 $110K, with roughly $21K 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 35 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was June 2022, at 164 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 GIBBONS, J. E.
- Who operates GIBBONS, J. E.?
- GIBBONS, J. E. is operated by Winchester Production Company, Railroad Commission of Texas operator number 931352.
- Where is GIBBONS, J. E.?
- GIBBONS, J. E. is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29154.
- Is GIBBONS, J. E. still producing?
- GIBBONS, J. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBBONS, J. E. is August 2026.
- How much has GIBBONS, J. E. produced?
- GIBBONS, J. E. has reported 19,183 barrels of oil (bbl) to the Railroad Commission of Texas between April 1996 and August 2026, from 4 wellbores.
- How much is GIBBONS, J. E. worth?
- The remaining production from GIBBONS, J. E. is estimated to be worth about $110K in total as of 26 August 2026, within a range of $60K to $159K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBBONS, J. E. is a fraction of it. The estimate fits an Arps decline curve to the production GIBBONS, J. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBBONS, J. E. is an estimate of value, not an offer and not an appraisal.
- How much income does GIBBONS, J. E. generate in a year?
- GIBBONS, J. E. is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIBBONS, J. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Winchester Production Company |
|---|---|
| Field | Hudgins (Davis, Cons.) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 29154 |
| Wellbores | 4 |
| Reported production | 19,183 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $110K |
Where GIBBONS, J. E. 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.