GIBSON
GIBSON is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 1,510,088 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 $183K, with roughly $28K 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 1,362 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 9,540 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
- Who operates GIBSON?
- GIBSON is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is GIBSON?
- GIBSON is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 229540.
- Is GIBSON still producing?
- GIBSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON is August 2026.
- How much has GIBSON produced?
- GIBSON has reported 1,510,088 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is GIBSON worth?
- The remaining production from GIBSON is estimated to be worth about $183K in total as of 26 August 2026, within a range of $152K to $214K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON generate in a year?
- GIBSON is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIBSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Farrar (Cotton Valley Lime) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 229540 |
| Wellbores | 1 |
| Reported production | 1,510,088 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $183K |
Where 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.