Gibbs Bros. Unit

Oil & Gas Property in Newton County, TX

Property Summary

Key data points for Gibbs Bros. Unit

CountyNewton County, TX
Production DatesFeb 1994 - Jan 2024
Total Oil Production282,920 BBLs
Total Gas Production1,643,792 MCF
Recent Oil Production1,135 BBLs in Dec 2023
Recent Gas Production463 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Gibbs Bros. Unit

ShaleAssessment

$495 *

MarketMultiple

$160,791 **

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

Based on a decimal interest

Gibbs Bros. 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 Bros. Unit
from Feb 1994 to Jan 2024

Wells on Gibbs Bros. Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-351-30578GIBBS BROS. UNIT 1HPRIZE EXPLORATION & PROD, LLCProducingNewton County, TX31.026366-93.725771
42-351-30930GIBBS BROS. UNIT 2HPRIZE EXPLORATION & PROD, LLCProducingNewton County, TX31.021974-93.706770

Leases included in Gibbs Bros. Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-13276GIBBS BROS. UNITTEXACO E & P INC.Newton County, TX
06-13923GIBBS BROS. UNITPRIZE EXPLORATION & PROD, LLCNewton County, TX
06-149857GIBBS BROS. UNIT 1HUNION PACIFIC RESOURCES COMPANYNewton County, TX

Nearby Properties

These are the closest 10 properties to the Gibbs Bros. Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blackstone MinNewton County, TX43 BBLs0 MCFJan 2024
BP America ANewton County, TX364 BBLs2,868 MCFJan 2024
Brown-DonnerNewton County, TX108 BBLs317 MCFJan 2024
ChampionNewton County, TX120 BBLs563 MCFJan 2024
Champion IntNewton County, TX401 BBLs2,972 MCFJan 2024
Champion International UnitNewton County, TX0 BBLs0 MCFMar 2021
Champion Intl Unit ANewton County, TX28 BBLs112 MCFJan 2024
Jones Unit A-981Newton County, TX0 BBLs0 MCFJan 2016
Texaco FeeNewton County, TX0 BBLs0 MCFNov 2017
Texaco Fee BrookNewton County, TX0 BBLs0 MCFDec 2006

Owners of Gibbs Bros. Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PRIZE EXPLORATION & PROD LLCGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
2023BLACK STONE MINERALSGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
2023PRIZE EXPLORATION & PROD LLCGIBBS BROS. UNIT W#1HPRIZE EXPLORATION &
2023WESTBROOK DELBERTGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
2023VINCENT MELISSAGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
2023MCGRAW MINERALS LTDGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
2023GIBBS BROTHERS & COGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
2023JONES ENTERPRISESGIBBS BROS. UNIT W#2HPRIZE EXPLORATION &
Displaying 8 of 82 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gibbs Bros. Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-13923GIBBS BROS. UNITOct 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITOct 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITSep 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITAug 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITAug 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITJul 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITJul 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITJun 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITMay 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITMay 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITMar 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITMar 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITFeb 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITFeb 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITJan 2023INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITJan 2023PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITDec 2022PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITDec 2022INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITNov 2022PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITOct 2022INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITOct 2022PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITSep 2022PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITAug 2022PRIZE EXPLORATION & PRODUCTION, LLCPRIZE EXPLORATION & PRODUCTION, LLC
06-13923GIBBS BROS. UNITAug 2022INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-13923GIBBS BROS. UNITJul 2022INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC