Gibbs Unit

Oil & Gas Property in Hood County, TX

Property Summary

Key data points for Gibbs Unit

CountyHood County, TX
Production DatesJul 2005 - Mar 2026
Total Oil Production5,493 BBLs
Total Gas Production5,868,415 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production11,999 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for Gibbs Unit

ShaleAssessment

$49,742 *

MarketMultiple

$71,122 **

* 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 Mar 2026

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 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 BBLs5,511 MCFMar 2026
Brown Hill UnitHood County, TX3 BBLs3,339 MCFMar 2026
Campos UnitHood County, TX184 BBLs29,880 MCFMar 2026
Colonel Flagg UnitHood County, TX0 BBLs11,029 MCFMar 2026
Denver Bob UnitHood County, TX0 BBLs5,403 MCFMar 2026
Gilligan UnitHood County, TX0 BBLs11,615 MCFMar 2026
Hawkeye UnitHood County, TX0 BBLs4,553 MCFMar 2026
Hot Lips UnitHood County, TX3 BBLs9,975 MCFMar 2026
KamellHood County, TX0 BBLs4,735 MCFMar 2026
Ladd UnitHood County, TX0 BBLs11,616 MCFMar 2026
Major Burns UnitHood County, TX0 BBLs2,918 MCFMar 2026
Mary AnnHood County, TX150 BBLs10,701 MCFMar 2026
Mooney UnitHood County, TX0 BBLs16,722 MCFMar 2026
PallmeyerHood County, TX372 BBLs21,352 MCFMar 2026
Parker UnitHood County, TX0 BBLs16,636 MCFMar 2026
ProfessorHood County, TX0 BBLs9,215 MCFMar 2026
RadarHood County, TX0 BBLs10,745 MCFMar 2026
San Raphael UnitHood County, TX60 BBLs17,728 MCFMar 2026
Trapper JohnHood County, TX6 BBLs11,886 MCFMar 2026
Zbar Land & Cattle CoHood County, TX0 BBLs7,742 MCFMar 2026

Owners of Gibbs Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIVERSIFIED PRODUCTION LLCGIBBS UNIT 3HDIVERSIFIED PROD LLC
2025DIVERSIFIED PRODUCTION LLCGIBBS UNIT 2HDIVERSIFIED PROD LLC
2025DIVERSIFIED PRODUCTION LLCGIBBS UNIT 4HDIVERSIFIED PROD LLC
2025GIBBS DOROTHY PINSONGIBBS UNIT 3HDIVERSIFIED PROD LLC
2025GIBBS DOROTHY PINSONGIBBS UNIT 2HDIVERSIFIED PROD LLC
2025GIBBS DOROTHY PINSONGIBBS UNIT 4HDIVERSIFIED PROD LLC
2025DIVERSIFIED PRODUCTION LLCGIBBS UNIT 1HDIVERSIFIED PROD LLC
2025MONARCH RESOURCES INCGIBBS UNIT 3HDIVERSIFIED PROD LLC
Displaying 8 of 224 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 4HJan 2026DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJan 2026DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJan 2026DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJan 2026DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HDec 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HDec 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HDec 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HDec 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HNov 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HNov 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HNov 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HNov 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HOct 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HOct 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HOct 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HOct 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HSep 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HSep 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HSep 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HSep 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HAug 2025DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HAug 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HAug 2025DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HAug 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJul 2025DIVERSIFIED PRODUCTION LLC