Texas gas well
ProducingGIBBS ESTATE (AW)
Gibbs Estate (Aw) is a gas well in Wise County, Texas, operated by BKV Barnett II, LLC in the Newark, East (Barnett Shale) field.
1 well
- Operator
- BKV Barnett II, LLC
- County
- Wise County
- RRC lease
- 09-291010
Is your check right?
Where it sits
This county
- Gas in Jul 2026
- 30,301 mcf
- Reporting since
- Feb 2021
Checks stopped on this lease?
- Operator
Operator changed: BKV Barnett II, LLC took over from Bedrock Production, LLC in Sep 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Gas output fell 27% over the last 12 months
- Gas (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to a transmission line in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Sep 2025
- BKV Barnett II, LLC Sep 2025 to now
- Bedrock Production, LLC Feb 2021 to Aug 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-497-38023 | 3H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Ptt Premier Trading and Tran LLC | Condensate | Gathers | 100 | Nov 1, 2023 | – |
| Enlink Gas Marketing, LP | Gas-well gas | Buys | 100 | Feb 26, 2021 | – |
| Enlink Midstream Services, LLC | Gas-well gas | Gathers | 100 | Feb 26, 2021 | – |
| Gulfmark Energy, Inc. | Condensate | Gathers | 100 | Feb 26, 2021 | Nov 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
863.31 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-497-38023 | 3H | Oct 1, 2020 | Feb 26, 2021 | 863.31 |
What BKV Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $86.91 | $2.14 | $23.00 | SEC filing |
| Q1 2026 | $70.87 | $3.53 | $17.98 | SEC filing |
| Q4 2025 | $52.61 | $2.86 | $17.51 | SEC filing |
| Q3 2025 | $59.62 | $2.50 | $15.17 | SEC filing |
| Q2 2025 | $57.66 | $2.67 | $16.42 | SEC filing |
| Q1 2025 | $65.28 | $3.10 | $19.06 | SEC filing |
SourceBKV Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|
| Jul 2026BKV Barnett | 30,301 | 30,301 | 0 | $80.46 | $2.89 |
| Jun 2026BKV Barnett | 29,574 | 29,574 | 0 | $84.81 | $3.15 |
| May 2026BKV Barnett | 30,735 | 30,735 | 0 | $102.13 | $2.94 |
| Apr 2026BKV Barnett | 30,239 | 30,239 | 0 | $100.32 | $2.77 |
| Mar 2026BKV Barnett | 31,720 | 31,720 | 0 | $91.38 | $3.04 |
| Feb 2026BKV Barnett | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026BKV Barnett | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025BKV Barnett | 33,622 | 33,622 | 0 | $57.97 | $4.26 |
| Nov 2025BKV Barnett | 32,755 | 32,755 | 0 | $60.06 | $3.79 |
| Oct 2025BKV Barnett | 33,379 | 33,379 | 0 | $60.89 | $3.19 |
| Sep 2025BKV Barnett | 33,094 | 33,094 | 0 | $63.96 | $2.97 |
| Aug 2025Bedrock Production, | 33,830 | 33,830 | 0 | $64.86 | $2.91 |
| Jul 2025Bedrock Production, | 34,512 | 34,512 | 0 | $68.39 | $3.20 |
| Jun 2025Bedrock Production, | 33,761 | 33,761 | 0 | $68.17 | $3.02 |
| May 2025Bedrock Production, | 35,380 | 35,380 | 0 | $62.17 | $3.12 |
| Apr 2025Bedrock Production, | 34,580 | 34,580 | 0 | $63.54 | $3.42 |
| Mar 2025Bedrock Production, | 36,183 | 36,183 | 0 | $68.24 | $4.12 |
| Feb 2025Bedrock Production, | 32,782 | 32,782 | 0 | $71.53 | $4.19 |
| Jan 2025Bedrock Production, | 37,088 | 37,088 | 0 | $75.74 | $4.13 |
| Dec 2024Bedrock Production, | 37,661 | 37,661 | 0 | $70.12 | $3.01 |
| Nov 2024Bedrock Production, | 37,397 | 37,397 | 0 | $69.95 | $2.12 |
| Oct 2024Bedrock Production, | 39,480 | 39,480 | 0 | $71.99 | $2.20 |
| Sep 2024Bedrock Production, | 38,752 | 38,752 | 0 | $70.24 | $2.28 |
| Aug 2024Bedrock Production, | 40,578 | 40,578 | 0 | $76.68 | $1.99 |
| Jul 2024Bedrock Production, | 40,987 | 40,987 | 0 | $81.80 | $2.07 |
| Jun 2024Bedrock Production, | 40,480 | 40,480 | 0 | $79.77 | $2.54 |
| May 2024Bedrock Production, | 42,466 | 42,466 | 0 | $80.02 | $2.12 |
| Apr 2024Bedrock Production, | 41,619 | 41,619 | 0 | $85.35 | $1.60 |
| Mar 2024Bedrock Production, | 43,554 | 43,554 | 0 | $81.28 | $1.49 |
| Feb 2024Bedrock Production, | 41,321 | 41,321 | 0 | $77.25 | $1.72 |
| Jan 2024Bedrock Production, | 44,565 | 44,565 | 0 | $74.15 | $3.18 |
| Dec 2023Bedrock Production, | 45,490 | 45,490 | 0 | $71.90 | $2.52 |
| Nov 2023Bedrock Production, | 44,831 | 44,831 | 0 | $77.69 | $2.71 |
| Oct 2023Bedrock Production, | 47,192 | 47,192 | 0 | $85.64 | $2.98 |
| Sep 2023Bedrock Production, | 46,280 | 46,280 | 0 | $89.43 | $2.64 |
| Aug 2023Bedrock Production, | 49,112 | 49,112 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
BKV Barnett II, LLC in Wise County
- GIBBS ESTATE (AW)
428,622 mcf
- KATIE LEE UNIT
353,802 mcf
- GIBBS ESTATE (AW)
363,752 mcf
- KATIE LEE UNIT
304,019 mcf
- GIBBS ESTATE (AW)
302,877 mcf
- JANECKA (SA)
212,169 mcf
- M.T. COLE (AW)
235,136 mcf
- M.T. COLE (AW)
228,666 mcf
- SPRINGER-DINGER (AW)
221,222 mcf
- M.T. COLE (AW)
199,929 mcf
Newark, East (Barnett Shale) field
- QUARTER HORSE - DLS
327,096 mcf
- POLYHAWK B VOL MIPA
322,061 mcf
- QUARTER HORSE-DLS 14
321,528 mcf
- MYERS AH 2
320,707 mcf
- HASLET, GREGORY
320,788 mcf
- HADDOCK, E. L. GU 21 (AW)
319,596 mcf
- ALLIANCE SPEEDWAY UNIT
318,466 mcf
- HACKMAN
314,808 mcf
- RICKRICH AH1
273,681 mcf
- AC360-ARKANSAS 2H MIPA UNIT
312,961 mcf
Leases within 10 km
- GIBBS ESTATE (AW)
302,877 mcf · 0 km
- GIBBS ESTATE (AW)
428,622 mcf · 0 km
- GIBBS ESTATE (AW)
363,752 mcf · 0 km
- JOHNSON "A"-JOHNSON ESTATE (SA)
112,048 mcf · 0.7 km
- SPAIN, MAGGIE "C"
22,863 mcf · 0.9 km
- SCHLUTER
0 mcf · 0.9 km
- PITTARD-SPAIN "B"-CARP (SA)
64,434 mcf · 0.9 km
- SPAIN "B" - CARPENTER (SA)
64,594 mcf · 1 km
- SCHLUTER
0 mcf · 1 km
- PITTARD, C. D.
27,806 mcf · 1.2 km
Drilling permits within 10 km
ADAMS-DAY HEIRS (SA) #1H
recompletion · horizontal · BKV Barnett, LLC · Denton County · 6.8 km
Permit 0918558 · Sep 18, 2026
MCALISTER, O H GU 21 (AW) #21H
recompletion · horizontal · BKV Barnett, LLC · Wise County · 6.6 km
Permit 0917528 · Aug 12, 2026
DCCO 2 - DCCO 4 (SA) #1H
recompletion · horizontal · BKV Barnett, LLC · Denton County · 7.7 km
Permit 0917487 · Aug 4, 2026
VINSON FEE B 7 (AW) #7H
new drill · horizontal · BKV North Texas, LLC · Wise County · 6 km
Permit 0916477 · Jul 28, 2026
VINSON FEE B 4 (AW) #4H
new drill · horizontal · BKV North Texas, LLC · Wise County · 6 km
Permit 0916470 · Jul 22, 2026