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Texas gas well

Producing

GIBSON-WESLEY UNIT

Gibson-Wesley Unit is a gas well in Stephens County, Texas, operated by Petex in the Ivan, E. (Duffer) field.

1 well

4,294mcf gas, last 12 months−46% vs prior year
Operator
Petex
RRC lease
7B-262786

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Oil, last 12 months
59 bbl
Gas in Jul 2026
302 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: COLT G & P (NORTH TEXAS) L.P. replaced TAURUS GAS SERVICES, L.P. as the buyer of this lease's gas from gas wells on Mar 1, 2026.

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

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Production by month

Gas output fell 46% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 46% over the last 12 monthsMonthly gas production and oil for GIBSON-WESLEY UNIT, Aug 2023 to Jul 2026. Gas output fell 46% over the last 12 months. 4,294 mcf in the 12 months through Jul 2026, against 7,909 mcf in the 12 months before.Last 12 months: 4,294 mcfmcf per monthbbl per month0020020400406006080080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 46% over the last 12 monthsMonthly gas production and oil for GIBSON-WESLEY UNIT, Aug 2023 to Jul 2026. Gas output fell 46% over the last 12 months. 4,294 mcf in the 12 months through Jul 2026, against 7,909 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020020400406006080080Jan 24JulJan 25JulJan 26Jul

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

All of the gas went to a transmission line in the last 12 monthsShare of GIBSON-WESLEY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of GIBSON-WESLEY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GIBSON-WESLEY UNIT
API numberWell no.Status
42-429-366781Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCCondensateGathers100Nov 1, 2020–
Colt G & P (North Texas) L.p.Gas-well gasBuys100Mar 1, 2026–
Colt Gathering (North Texas)l.p.Gas-well gasGathers100Mar 1, 2026–
Taurus Gas Services, L.p.Gas-well gasGathers100Jan 1, 2022Mar 1, 2026
Taurus Gas Services, L.p.Gas-well gasBuys100Jan 1, 2022Mar 1, 2026
Hanlon Gas Processing, Ltd.Gas-well gasGathers100Feb 6, 2012Jan 1, 2022
Hanlon Gas Processing, Ltd.Gas-well gasBuys100Feb 6, 2012Jan 1, 2022
Enterprise Crude Oil LLCCondensateGathers100Feb 6, 2012Nov 1, 2020

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

160 acres on the newest permit

Permits for Gibson-Wesley Unit
API numberWell no.Acreson the permit
42-429-366781160

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

Estimate your royalty

36 months, newest first

Ledger for GIBSON-WESLEY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026003023020$80.46$2.89
Jun 2026003133130$84.81$3.15
May 2026003343340$102.13$2.94
Apr 2026003763760$100.32$2.77
Mar 2026005785780$91.38$3.04
Feb 202600000$64.51$3.62
Jan 20265959000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 2025005055050$60.06$3.79
Oct 2025007047040$60.89$3.19
Sep 2025006516510$63.96$2.97
Aug 2025005315310$64.86$2.91
Jul 2025005555550$68.39$3.20
Jun 2025006726720$68.17$3.02
May 2025006846840$62.17$3.12
Apr 2025006466460$63.54$3.42
Mar 2025006636630$68.24$4.12
Feb 2025006686680$71.53$4.19
Jan 2025006416410$75.74$4.13
Dec 2024006876870$70.12$3.01
Nov 2024006416410$69.95$2.12
Oct 2024006946940$71.99$2.20
Sep 2024006386380$70.24$2.28
Aug 2024007207200$76.68$1.99
Jul 2024006586580$81.80$2.07
Jun 2024006936930$79.77$2.54
May 2024007317310$80.02$2.12
Apr 2024006816810$85.35$1.60
Mar 20243707247240$81.28$1.49
Feb 20241606436430$77.25$1.72
Jan 2024006636630$74.15$3.18
Dec 2023106836830$71.90$2.52
Nov 20231206716710$77.69$2.71
Oct 2023007207200$85.64$2.98
Sep 2023007077070$89.43$2.64
Aug 20237357427420$81.39$2.58

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

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Nearby

Petex in Stephens County

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Ivan, E. (Duffer) field

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