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Texas oil lease

Producing

GIBSON 7

Gibson 7 is an oil lease in Glasscock County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

3 wells

1,040bbl oil, last 12 months+1% vs prior year
Operator
Apache Corporation
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-42912

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
6,721 mcf
Oil in Jul 2026
82 bbl

Production by month

Oil output held steady over the last 12 months

Jun 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for GIBSON 7, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 920 bbl in the 12 months through Jul 2026, against 914 bbl in the 12 months before.Last 12 months: 920 bblbbl per monthmcf per month002520050400756001008001251,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for GIBSON 7, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 920 bbl in the 12 months through Jul 2026, against 914 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002520050400756001008001251,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 42.7% of the gas in May 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of GIBSON 7 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 42.7% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 42.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of GIBSON 7 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 42.7% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 42.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 7,386 mcf

  • Transmission line (2)

    0.3% · 19 mcf

  • Flared (4)

    0.0% · 2 mcf

3 wells on this lease

Wells on GIBSON 7
API numberWell no.Status
42-173-340032Shut-in
42-173-3491410Active
42-173-351709Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2025–
Enlink Gas Marketing, LPCasinghead gasBuys100Mar 1, 2025–
Apache CorporationCasinghead gasGathers100Jun 12, 2012–
Apache CorporationCasinghead gasBuys50Jun 12, 2012Mar 1, 2025
Dcp Operating Company, LPCasinghead gasBuys50Apr 1, 2017Mar 1, 2025
Energy Trans Crude Marketing LLCOilGathers25Jul 1, 2021Mar 1, 2025
Plains Marketing, L.p.OilGathers50Jun 12, 2012Mar 1, 2025
Sunoco Pipeline L.p.OilGathers25Jul 1, 2021Mar 1, 2025
Sunoco Pipeline L.p.OilGathers50Jun 12, 2012Jul 1, 2021

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Gibson 7
API numberWell no.Acreson the permit
42-173-351709160
42-173-340032160
42-173-3491410160

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

Unit decimal checker

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA).
Realized prices reported by APA Corporation
QuarterOil$ per bblFiling
Q2 2026$98.24SEC filing
Q1 2026$78.69SEC filing
Q4 2025$61.03SEC filing
Q3 2025$67.43SEC filing
Q2 2025$65.58SEC filing
Q1 2025$73.73SEC filing

SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for GIBSON 7
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026822796486480$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 2026112407557550$102.13$2.94
Apr 20261193316456450$100.32$2.77
Mar 202695365475470$91.38$3.04
Feb 20262829000$64.51$3.62
Jan 202642251791790$60.04$7.72
Dec 2025103156796790$57.97$4.26
Nov 20258046566542$60.06$3.79
Oct 2025853427947940$60.89$3.19
Sep 202591245165160$63.96$2.97
Aug 202583236176170$64.86$2.91
Jul 2025120346856850$68.39$3.20
Jun 202583486866860$68.17$3.02
May 202580319396227169$62.17$3.12
Apr 202591166496490$63.54$3.42
Mar 202586127637630$68.24$4.12
Feb 20256106206200$71.53$4.19
Jan 20258407317310$75.74$4.13
Dec 20244632869868810$70.12$3.01
Nov 20246206536530$69.95$2.12
Oct 20247607247240$71.99$2.20
Sep 20245806056050$70.24$2.28
Aug 20246707787780$76.68$1.99
Jul 20247133275073812$81.80$2.07
Jun 20247807897881$79.77$2.54
May 20246307887880$80.02$2.12
Apr 20247307587580$85.35$1.60
Mar 20246408918910$81.28$1.49
Feb 20246808338330$77.25$1.72
Jan 2024832748638630$74.15$3.18
Dec 20236308358350$71.90$2.52
Nov 20237007067060$77.69$2.71
Oct 20233308398390$85.64$2.98
Sep 2023603368208200$89.43$2.64
Aug 20236208728711$81.39$2.58

No report filed 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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This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyGlasscock County

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Spraberry (Trend Area) field

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