Gibbs Gas Unit

Gas Property in Gaines County, TX

Property Summary

Key data points for Gibbs Gas Unit

CountyGaines County, TX
OperatorOXY USA INC
Production DatesJan 1993 - Jan 2020
Total Oil Production0 BBLs
Total Gas Production1,943,199 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Gibbs Gas Unit

ShaleAssessment

$17,628 *

MarketMultiple

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gibbs Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gibbs Gas Unit
from Jan 1993 to Jan 2020

Wells on Gibbs Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-10262GIBBS GAS UNIT 1OXY USA INC.Temp AbandonedGaines County, TX32.758540-102.705152
42-165-36024GIBBS GAS UNIT 2OXY USA INC.Temp AbandonedGaines County, TX32.765594-102.696338

Leases included in Gibbs Gas Unit

Lease #Lease NameOperatorCounty
8A-033632GIBBS GAS UNIT 1OXY USA INC.Gaines County, TX
8A-203766GIBBS GAS UNIT 2OXY USA INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Gibbs Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArcoGaines County, TX236 BBLs0 MCFJan 2024
AverittGaines County, TX2,120 BBLs233 MCFJan 2024
Cotton LindseyGaines County, TX808 BBLs0 MCFJan 2024
Hanford (San Andres) UnitGaines County, TX3,966 BBLs0 MCFJan 2024
Hanford East San Andres UnitGaines County, TX1,044 BBLs310 MCFJan 2024
MannGaines County, TX2,087 BBLs403 MCFJan 2024
Riley T. SGaines County, TX390 BBLs0 MCFJan 2024
Riley T. S. DGaines County, TX0 BBLs0 MCFMay 2021
Rogers & TurrentinGaines County, TX125 BBLs0 MCFDec 2023
RuddGaines County, TX3,378 BBLs1,279 MCFJan 2024
SeabeanGaines County, TX1,010 BBLs81 MCFJan 2024
SeminoleGaines County, TX4,680 BBLs0 MCFJan 2024
Seminole Ne (San Andres)Gaines County, TX1,268 BBLs0 MCFJan 2024
Seminole San AndresGaines County, TX512,327 BBLs539,935 MCFJan 2024
Seminole Se. (Strawn) UnitGaines County, TX0 BBLs0 MCFDec 2021
Seminole TownsiteGaines County, TX15 BBLs0 MCFDec 2023
SparksGaines County, TX0 BBLs0 MCFFeb 2011
Suzyq 291Gaines County, TX31 BBLs62 MCFJan 2024
Taylor 1Gaines County, TX113 BBLs0 MCFJan 2024
Trinity University 199Gaines County, TX1,178 BBLs645 MCFJan 2024

Oil & Gas Sales on Gibbs Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-203766GIBBS GAS UNIT 2Nov 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Oct 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Sep 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Aug 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Jun 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2May 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Apr 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Mar 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Feb 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Jan 2019OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Dec 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Nov 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Oct 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Sep 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Aug 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Jul 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Jun 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2May 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Apr 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Mar 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Feb 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Jan 2018OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Dec 2017OCCIDENTAL ENERGY MARKETING, INC.OXY USA INC.
8A-203766GIBBS GAS UNIT 2Aug 2017HESS SEMINOLE ASSETS LLCHESS SEMINOLE ASSETS LLC
8A-033632GIBBS GAS UNIT 1Aug 2017HESS SEMINOLE ASSETS LLCHESS SEMINOLE ASSETS LLC