Gibbs Unit

Oil & Gas Property in Hood County, TX

Property Summary

Key data points for Gibbs Unit

County,
OperatorDIVERSIFIED PRODUCTION LLC
Production DatesJul 2005 - Feb 2025
Total Oil Production5,254 BBLs
Total Gas Production5,700,609 MCF
Recent Oil Production44 BBLs in Jan 2025
Recent Gas Production14,177 MCF in Jan 2025
Wells on Property5

Our Valuation Estimates for Gibbs Unit

ShaleAssessment

$57,933 *

MarketMultiple

$45,298 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Gibbs Unit
from Jul 2005 to Feb 2025

Wells on Gibbs Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

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

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bob DenverHood County, TX0 BBLs4,754 MCFFeb 2025
Brown Hill UnitHood County, TX4 BBLs7,559 MCFFeb 2025
Campos UnitHood County, TX0 BBLs31,557 MCFFeb 2025
Colonel Flagg UnitHood County, TX13 BBLs14,031 MCFFeb 2025
Denver Bob UnitHood County, TX0 BBLs7,559 MCFFeb 2025
Gilligan UnitHood County, TX0 BBLs13,389 MCFFeb 2025
Hawkeye UnitHood County, TX2 BBLs6,088 MCFFeb 2025
Hot Lips UnitHood County, TX14 BBLs16,392 MCFFeb 2025
James B. Mooney Unit 2HJohnson County, TX0 BBLs11,728 MCFFeb 2025
Ladd UnitHood County, TX0 BBLs12,251 MCFFeb 2025
Major Burns UnitHood County, TX0 BBLs3,666 MCFFeb 2025
Mary AnnHood County, TX72 BBLs13,483 MCFFeb 2025
Mooney UnitHood County, TX246 BBLs18,142 MCFFeb 2025
PallmeyerHood County, TX656 BBLs28,515 MCFFeb 2025
Parker UnitHood County, TX0 BBLs18,607 MCFFeb 2025
ProfessorHood County, TX0 BBLs6,915 MCFFeb 2025
RadarHood County, TX0 BBLs10,554 MCFFeb 2025
San Raphael UnitHood County, TX104 BBLs20,402 MCFFeb 2025
Trapper JohnHood County, TX7 BBLs13,787 MCFFeb 2025
Zbar Land & Cattle CoHood County, TX32 BBLs8,497 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Gibbs Unit property.

Company Name

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 4HAug 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HAug 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HAug 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HAug 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJul 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJul 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJul 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJul 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJun 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJun 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMay 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMay 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMay 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMay 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HApr 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HApr 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HApr 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HApr 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMar 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMar 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMar 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMar 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HFeb 2024DIVERSIFIED PRODUCTION LLC