GIBSON UNIT
GIBSON UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Shell Western E&P Inc. It has 209 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,217,727 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 $20.0M, with roughly $4.9M 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 6,103 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was November 2018, at 24,444 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 UNIT
- Who operates GIBSON UNIT?
- GIBSON UNIT is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is GIBSON UNIT?
- GIBSON UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62541.
- Is GIBSON UNIT still producing?
- GIBSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIBSON UNIT is August 2026.
- How much has GIBSON UNIT produced?
- GIBSON UNIT has reported 13,217,727 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 209 wellbores.
- How much is GIBSON UNIT worth?
- The remaining production from GIBSON UNIT is estimated to be worth about $20.0M in total as of 27 August 2026, within a range of $16.6M to $23.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIBSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GIBSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIBSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GIBSON UNIT generate in a year?
- GIBSON UNIT is forecast to net about $4.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIBSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Wasson 72 |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 62541 |
| Wellbores | 209 |
| Reported production | 13,217,727 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20.0M |
Where GIBSON UNIT 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.