GIBSON 8E
GIBSON 8E is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2024 to August 2026, totalling 204,346 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 $2.4M, with roughly $1.9M 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 7,530 barrels a month. Its strongest month on the record we hold was January 2025, at 33,998 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 8E
- Who operates GIBSON 8E?
- GIBSON 8E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is GIBSON 8E?
- GIBSON 8E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63038.
- Is GIBSON 8E still producing?
- GIBSON 8E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON 8E is August 2026.
- How much has GIBSON 8E produced?
- GIBSON 8E has reported 204,346 barrels of oil (bbl) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is GIBSON 8E worth?
- The remaining production from GIBSON 8E is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON 8E is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON 8E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON 8E is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON 8E generate in a year?
- GIBSON 8E is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIBSON 8E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 63038 |
| Wellbores | 1 |
| Reported production | 204,346 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where GIBSON 8E 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.