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Texas oil lease

Producing

DOUBLE GIBBS

Double Gibbs is an oil lease in Madison County, Texas, operated by EOG Resources, Inc. in the Fort Trinidad, East (Buda) field.

1 well

862bbl oil, last 12 months−48% vs prior year
Operator
EOG Resources, Inc.
County
Madison County
Field
Fort Trinidad, East (Buda)
RRC lease
03-27215

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Where it sits

This county

Madison CountyMadisonWalkerLimestoneHoustonLeonBrazosRobertsonMadison County
Madison County
Gas, last 12 months
16,415 mcf
Oil in Jul 2026
66 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for DOUBLE GIBBS, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 862 bbl in the 12 months through Jul 2026, against 1,673 bbl in the 12 months before.Last 12 months: 862 bblbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for DOUBLE GIBBS, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 862 bbl in the 12 months through Jul 2026, against 1,673 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 4.2% of the gas in Mar 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuelShare of DOUBLE GIBBS gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 4.2% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: fuel to plantFlared 4.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuelShare of DOUBLE GIBBS gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 4.2% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Apr 26: fuel to plantFlared 4.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 12,060 mcf

  • Lease fuel (1)

    26% · 4,294 mcf

  • Flared (4)

    0.4% · 61 mcf

0.4% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on DOUBLE GIBBS
API numberWell no.Status
42-313-313181HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers100Dec 1, 2025–
Eog Resources, Inc.Casinghead gasBuys100Dec 1, 2018–
Eog Resources, Inc.Casinghead gasGathers100Apr 9, 2016–
Shell Trading (Us) CompanyOilGathers100Apr 7, 2023Dec 1, 2025
Gulfmark Energy, Inc.OilGathers25Apr 1, 2019Apr 7, 2023
Mercuria Energy Trading, Inc.OilGathers25Apr 1, 2019Apr 7, 2023
Plains Marketing, L.p.OilGathers25Apr 1, 2019Apr 7, 2023
Shell Trading (Us) CompanyOilGathers25Apr 1, 2019Apr 7, 2023
Mercuria Energy Trading, Inc.OilGathers100Dec 1, 2018Apr 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,524.36 acres on the newest permit

Permits for Double Gibbs
API numberWell no.Acreson the permit
42-313-313181H1,524.36

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What EOG Resources, Inc. told investors it received

EOG Resources, Inc. is linked to EOG Resources, Inc. (EOG).
Realized prices reported by EOG Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$98.15SEC filing
Q1 2026$72.47SEC filing
Q3 2025$65.95SEC filing
Q2 2025$64.82SEC filing
Q1 2025$72.87SEC filing
Q3 2024$76.92SEC filing

SourceEOG Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for DOUBLE GIBBS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026661001,4181,0416$80.46$2.89
Jun 2026581771,3091,0195$84.81$3.15
May 20262481482,2651,77019$102.13$2.94
Apr 2026127412,1031,7189$100.32$2.77
Mar 20269102401$91.38$3.04
Feb 20265269500$64.51$3.62
Jan 202641491,5561,0363$60.04$7.72
Dec 202552508863923$57.97$4.26
Nov 2025471421,5128533$60.06$3.79
Oct 2025132183,3692,8387$60.89$3.19
Sep 20251892700$63.96$2.97
Aug 202576961,8511,3935$64.86$2.91
Jul 202573521,7991,3218$68.39$3.20
Jun 2025401599527464$68.17$3.02
May 20251341682,5841,98614$62.17$3.12
Apr 2025182712,0391,4520$63.54$3.42
Mar 20251623212,3291,75516$68.24$4.12
Feb 202515402,5291,92916$71.53$4.19
Jan 20251732472,2221,55017$75.74$4.13
Dec 20242402032,7612,14223$70.12$3.01
Nov 2024180833,0392,44718$69.95$2.12
Oct 20241131462,7792,23212$71.99$2.20
Sep 2024881853,5152,9429$70.24$2.28
Aug 20241341453,7883,18013$76.68$1.99
Jul 2024912162,8042,20511$81.80$2.07
Jun 20244802,9402,33814$79.77$2.54
May 2024123903,0922,58315$80.02$2.12
Apr 2024113881,19176113$85.35$1.60
Mar 2024144782,1451,65315$81.28$1.49
Feb 20241402942,6712,19015$77.25$1.72
Jan 202418565499416$74.15$3.18
Dec 2023109631,7051,18911$71.90$2.52
Nov 2023120981,51897913$77.69$2.71
Oct 2023110781,54896412$85.64$2.98
Sep 20231021361,5401,01412$89.43$2.64
Aug 20231271312,2091,56513$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorEOG Resources, Inc.FieldFort Trinidad, East (Buda)CountyMadison County

EOG Resources, Inc. in Madison County

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Fort Trinidad, East (Buda) field

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