Gibson-Wesley Unit

Oil & Gas Property in Stephens County, TX

Property Summary

Key data points for Gibson-Wesley Unit

County,
OperatorPETEX
Production DatesFeb 2012 - Feb 2025
Total Oil Production1,669 BBLs
Total Gas Production525,773 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production3,113 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Gibson-Wesley Unit

ShaleAssessment

$5,108 *

MarketMultiple

$11,022 **

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

Based on a decimal interest

Gibson-Wesley 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 Gibson-Wesley Unit
from Feb 2012 to Feb 2025

Wells on Gibson-Wesley Unit

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

Leases included in Gibson-Wesley Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-262786GIBSON-WESLEY UNIT 1PETEXStephens County, TX
7B-267893GIBSON-WESLEY UNIT 2PETEXStephens County, TX

Nearby Properties

These are the closest 20 properties to the Gibson-Wesley Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrownStephens County, TX0 BBLs599 MCFJan 2025
BurgessStephens County, TX78 BBLs402 MCFFeb 2025
DooleyStephens County, TX0 BBLs95 MCFFeb 2025
Dooley-CStephens County, TX39 BBLs2,611 MCFFeb 2025
Ed Ford Gas Unit NoStephens County, TX0 BBLs2,220 MCFJan 2025
FordStephens County, TX144 BBLs2,338 MCFFeb 2025
G. H. Iles CStephens County, TX86 BBLs2,216 MCFFeb 2025
GraggStephens County, TX4 BBLs940 MCFFeb 2025
HerringPalo Pinto County, TX40 BBLs0 MCFJan 2025
HolmanStephens County, TX0 BBLs12 MCFFeb 2025
Iles G.HStephens County, TX278 BBLs14,980 MCFFeb 2025
JohnsPalo Pinto County, TX28 BBLs70 MCFFeb 2025
JonesStephens County, TX1 BBLs0 MCFFeb 2025
KennedyStephens County, TX0 BBLs1,077 MCFFeb 2025
Mok 1Stephens County, TX0 BBLs91 MCFFeb 2025
MorelandStephens County, TX0 BBLs2,736 MCFFeb 2025
NantzStephens County, TX15 BBLs0 MCFJan 2025
RepassStephens County, TX0 BBLs1,250 MCFFeb 2025
ReynoldsStephens County, TX0 BBLs233 MCFFeb 2025
StroudStephens County, TX16 BBLs129 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Gibson-Wesley Unit property.

Company Name

Owners of Gibson-Wesley Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PETROLEUM EXPLORATION COMPANYGIBSON WESLEY UNIT 2PETEX
2024GIBSON HAL ESTGIBSON WESLEY UNIT 2PETEX
2024JENNINGS JOHN IIIGIBSON WESLEY UNIT 2PETEX
2024PETROLEUM EXPLORATION COMPANYGIBSON WESLEY UT 1PETEX
2024WILLIAMSON HARRYGIBSON WESLEY UNIT 2PETEX
2024TROPHY RACK OUTFITTERSGIBSON WESLEY UNIT 2PETEX
2024HOOVER IRENE WESLEY CAUSE #305GIBSON WESLEY UNIT 2PETEX
2024POMYKAL FORREST AGIBSON WESLEY UNIT 2PETEX
Displaying 8 of 162 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gibson-Wesley Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-267893GIBSON-WESLEY UNIT 2Sep 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Sep 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Aug 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Aug 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Jul 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Jul 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Jun 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Jun 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2May 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1May 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Apr 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Apr 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Mar 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Mar 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Feb 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Feb 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Jan 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Jan 2024TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Dec 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Dec 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Nov 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Nov 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Oct 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-262786GIBSON-WESLEY UNIT 1Oct 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.
7B-267893GIBSON-WESLEY UNIT 2Sep 2023TAURUS GAS SERVICES, L.P.PETROLEUM EXPLORATION COMPANY, LTD.