Gibbs Unit

Oil & Gas Property in Hood County, TX

Property Summary

Key data points for Gibbs Unit

CountyHood County, TX
Production DatesJul 2005 - Apr 2025
Total Oil Production5,286 BBLs
Total Gas Production5,728,070 MCF
Recent Oil Production32 BBLs in Mar 2025
Recent Gas Production13,861 MCF in Mar 2025
Wells on Property5

Our Valuation Estimates for Gibbs Unit

ShaleAssessment

$56,646 *

MarketMultiple

$55,247 **

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

Based on a decimal interest

Gibbs 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 Unit
from Jul 2005 to Apr 2025

Wells on Gibbs Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-221-31009GIBBS UNIT 2HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351879-97.654185
42-221-31010GIBBS UNIT 1HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351859-97.653933
42-221-31600GIBBS UNIT 3HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351820-97.653827
42-221-31601GIBBS UNIT 4HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351778-97.653828
42-221-31656GIBBS UNIT 5HQUICKSILVER RESOURCES INC.Horizontal Well Surface LocatioHood County, TX32.351737-97.653828

Leases included in Gibbs Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-211591GIBBS UNIT 2HDIVERSIFIED PRODUCTION LLCHood County, TX
09-212018GIBBS UNIT 1HDIVERSIFIED PRODUCTION LLCHood County, TX
09-240657GIBBS UNIT 4HDIVERSIFIED PRODUCTION LLCHood County, TX
09-241330GIBBS UNIT 3HDIVERSIFIED PRODUCTION LLCHood County, TX

Operators Associated With Gibbs Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bob DenverHood County, TX0 BBLs5,980 MCFApr 2025
Brown Hill UnitHood County, TX0 BBLs7,268 MCFApr 2025
Campos UnitHood County, TX192 BBLs33,414 MCFApr 2025
Colonel Flagg UnitHood County, TX0 BBLs12,855 MCFApr 2025
Denver Bob UnitHood County, TX0 BBLs6,514 MCFApr 2025
Gilligan UnitHood County, TX0 BBLs12,666 MCFApr 2025
Hawkeye UnitHood County, TX0 BBLs5,964 MCFApr 2025
Hot Lips UnitHood County, TX0 BBLs15,772 MCFApr 2025
James B. Mooney Unit 2HJohnson County, TX0 BBLs11,884 MCFApr 2025
Ladd UnitHood County, TX0 BBLs12,645 MCFApr 2025
Major Burns UnitHood County, TX0 BBLs3,615 MCFApr 2025
Mary AnnHood County, TX114 BBLs14,401 MCFApr 2025
Mooney UnitHood County, TX0 BBLs18,150 MCFApr 2025
PallmeyerHood County, TX165 BBLs27,977 MCFApr 2025
Parker UnitHood County, TX0 BBLs18,670 MCFApr 2025
ProfessorHood County, TX0 BBLs7,791 MCFApr 2025
RadarHood County, TX0 BBLs10,080 MCFApr 2025
San Raphael UnitHood County, TX68 BBLs20,341 MCFApr 2025
Trapper JohnHood County, TX0 BBLs14,140 MCFApr 2025
Zbar Land & Cattle CoHood County, TX0 BBLs8,254 MCFApr 2025

Owners of Gibbs Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 3HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 2HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 4HDIVERSIFIED PROD LLC
2024GIBBS DOROTHY PINSONGIBBS UNIT 3HDIVERSIFIED PROD LLC
2024GIBBS DOROTHY PINSONGIBBS UNIT 4HDIVERSIFIED PROD LLC
2024GIBBS DOROTHY PINSONGIBBS UNIT 2HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 1HDIVERSIFIED PROD LLC
2024LEONARD O P JR INVESTMENT COGIBBS UNIT 3HDIVERSIFIED PROD LLC
Displaying 8 of 171 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gibbs Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-240657GIBBS UNIT 4HMar 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMar 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMar 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMar 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HFeb 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HFeb 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HFeb 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HFeb 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJan 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJan 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJan 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJan 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HDec 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HDec 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HDec 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HDec 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HNov 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HNov 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HNov 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HNov 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HOct 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HOct 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HOct 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HOct 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HSep 2024DIVERSIFIED PRODUCTION LLC