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GIBSON UNIT 28-21

Gibson Unit 28-21 is an oil lease in Howard County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

7 wells

89,816bbl oil, last 12 months−18% vs prior year
RRC lease
08-51030

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
416,976 mcf
Oil in Jul 2026
7,107 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for GIBSON UNIT 28-21, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 89,816 bbl in the 12 months through Jul 2026, against 109,908 bbl in the 12 months before.Last 12 months: 89,816 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for GIBSON UNIT 28-21, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 89,816 bbl in the 12 months through Jul 2026, against 109,908 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 18.6% of the gas in May 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of GIBSON UNIT 28-21 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 18.6% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 18.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of GIBSON UNIT 28-21 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 18.6% of the gas in May 2024.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 18.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 403,147 mcf

  • Flared (4)

    2.2% · 9,161 mcf

  • Lease fuel (1)

    1.1% · 4,668 mcf

2.2% of the gas flared in the last 12 months. 12 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on GIBSON UNIT 28-21
API numberWell no.Status
42-227-395236AHActive
42-227-406984AHActive
42-227-4069912SHActive
42-227-407005AHActive
42-227-4070113SHActive
42-227-409473AHActive
42-227-4094811SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Aug 2, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Dorado Oil CompanyOilGathers50Aug 1, 2024Aug 2, 2024
Medallion Operating Company, LLCOilGathers50Aug 1, 2024Aug 2, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Aug 19, 2018Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Aug 19, 2018Aug 1, 2024
Dorado Oil CompanyOilGathers10Aug 19, 2018Aug 1, 2024

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

647.40 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 534.6 and 647.4 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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.

Check your decimal on this lease
Permits for Gibson Unit 28-21
API numberWell no.Acreson the permit
42-227-409473AH647.40
42-227-4094811SH647.40
42-227-4070113SH647.40
42-227-406984AH647.40
42-227-4069912SH647.40
42-227-407005AH627.40
42-227-395236AH534.60

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 UNIT 28-21
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation7,1077,11031,55729,1762,381$80.46$2.89
Jun 2026Apache Corporation5,5965,68426,84025,7721,068$84.81$3.15
May 2026Apache Corporation6,1046,11532,27132,096175$102.13$2.94
Apr 2026Apache Corporation6,4826,48033,13731,5341,603$100.32$2.77
Mar 2026Apache Corporation7,9817,97638,71038,294416$91.38$3.04
Feb 2026Apache Corporation7,0827,38933,89532,632367$64.51$3.62
Jan 2026Apache Corporation8,4678,16337,08634,7151,296$60.04$7.72
Dec 2025Apache Corporation8,2348,38538,52537,345208$57.97$4.26
Nov 2025Apache Corporation8,2138,04737,89436,92897$60.06$3.79
Oct 2025Apache Corporation8,1378,17737,10035,914330$60.89$3.19
Sep 2025Apache Corporation7,9478,00834,83434,417417$63.96$2.97
Aug 2025Apache Corporation8,4668,38635,12734,324803$64.86$2.91
Jul 2025Apache Corporation8,5548,55335,81335,470343$68.39$3.20
Jun 2025Apache Corporation7,7717,88534,57334,399174$68.17$3.02
May 2025Apache Corporation6,3756,20831,40531,33273$62.17$3.12
Apr 2025Apache Corporation7,4137,42931,24331,2430$63.54$3.42
Mar 2025Apache Corporation7,9477,93832,93232,430502$68.24$4.12
Feb 2025Apache Corporation7,8507,86030,99130,2560$71.53$4.19
Jan 2025Apache Corporation10,34910,56040,61038,2981,404$75.74$4.13
Dec 2024Apache Corporation12,33312,09547,12346,2290$70.12$3.01
Nov 2024Apache Corporation11,61611,71643,93043,0420$69.95$2.12
Oct 2024Apache Corporation11,99912,02047,54046,277293$71.99$2.20
Sep 2024Apache Corporation8,6738,70839,34639,32818$70.24$2.28
Aug 2024Apache Corporation9,0289,02841,86941,85217$76.68$1.99
Jul 2024Callon Petroleum9,2899,30741,14341,1394$81.80$2.07
Jun 2024Callon Petroleum8,8748,81838,31138,29021$79.77$2.54
May 2024Callon Petroleum11,07411,08444,84836,5088,340$80.02$2.12
Apr 2024Callon Petroleum10,54310,58645,35142,2843,067$85.35$1.60
Mar 2024Callon Petroleum10,87810,83145,78545,380405$81.28$1.49
Feb 2024Callon Petroleum12,09812,13949,53743,4576,080$77.25$1.72
Jan 2024Callon Petroleum14,31914,33453,66153,103558$74.15$3.18
Dec 2023Callon Petroleum15,42615,34156,28846,04910,239$71.90$2.52
Nov 2023Callon Petroleum15,21615,28055,38355,119264$77.69$2.71
Oct 2023Callon Petroleum16,21216,27960,85855,4655,393$85.64$2.98
Sep 2023Callon Petroleum17,80817,96565,54463,0282,516$89.43$2.64
Aug 2023Callon Petroleum19,12619,08068,11962,3585,761$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Apache Corporation in Howard County

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Spraberry (Trend Area) field

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