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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

30,409mcf gas, last 12 months−9% vs prior year
Operator
Petex
RRC lease
7B-267893

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Gas in Jul 2026
2,366 mcf
Reporting since
Jan 2020

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.

See why checks stop on this lease

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production for GIBSON-WESLEY UNIT, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 30,409 mcf in the 12 months through Jul 2026, against 33,543 mcf in the 12 months before.Last 12 months: 30,409 mcfmcf per month01,0002,0003,0004,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production for GIBSON-WESLEY UNIT, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 30,409 mcf in the 12 months through Jul 2026, against 33,543 mcf in the 12 months before.Last 12 monthsmcf per month01,0002,0003,0004,0005,000Jan 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
42-429-367462Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCCondensateGathers100Mar 1, 2026–
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 gasGathers100Apr 7, 2013Jan 1, 2022
Hanlon Gas Processing, Ltd.Gas-well gasBuys100Apr 7, 2013Jan 1, 2022

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
42-429-367462160

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

Estimate your royalty

36 months, newest first

Ledger for GIBSON-WESLEY UNIT
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,3662,3660$80.46$2.89
Jun 20262,3802,3800$84.81$3.15
May 20262,5302,5300$102.13$2.94
Apr 20262,5672,5670$100.32$2.77
Mar 20262,6242,6240$91.38$3.04
Feb 20262,1712,1710$64.51$3.62
Jan 20262,1842,1840$60.04$7.72
Dec 20252,5732,5730$57.97$4.26
Nov 20252,6422,6420$60.06$3.79
Oct 20252,6232,6230$60.89$3.19
Sep 20252,7432,7430$63.96$2.97
Aug 20253,0063,0060$64.86$2.91
Jul 20252,8212,8210$68.39$3.20
Jun 20252,6982,6980$68.17$3.02
May 20252,8402,8400$62.17$3.12
Apr 20252,7952,7950$63.54$3.42
Mar 20252,9192,9190$68.24$4.12
Feb 20252,2932,2930$71.53$4.19
Jan 20252,4722,4720$75.74$4.13
Dec 20242,9972,9970$70.12$3.01
Nov 20242,8052,8050$69.95$2.12
Oct 20242,9752,9750$71.99$2.20
Sep 20242,7152,7150$70.24$2.28
Aug 20243,2133,2130$76.68$1.99
Jul 20243,1753,1750$81.80$2.07
Jun 20243,6373,6370$79.77$2.54
May 20243,8363,8360$80.02$2.12
Apr 20243,4463,4460$85.35$1.60
Mar 20243,9843,9840$81.28$1.49
Feb 20243,6643,6640$77.25$1.72
Jan 20243,3163,3160$74.15$3.18
Dec 20234,4034,4030$71.90$2.52
Nov 20234,0384,0380$77.69$2.71
Oct 20234,3894,3890$85.64$2.98
Sep 20233,9063,9060$89.43$2.64
Aug 20234,2434,2430$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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