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Texas gas well

Producing

LT. GIBSON 1 STATE UNIT

LT. Gibson 1 State Unit is a gas well in Culberson County, Texas, operated by Coterra Energy Operating Co. in the Ford, West (Wolfcamp) field.

1 well

331,651mcf gas, last 12 months−27% vs prior year
Operator
Coterra Energy Operating Co.
County
Culberson County
Field
Ford, West (Wolfcamp)
RRC lease
08-292918

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
23,661 bbl
Gas in Jul 2026
28,578 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Coterra Energy Operating Co. took over from Cimarex Energy Co. in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Jul 8, 2025).

  • Buyer

    Buyer changed: COTERRA ENERGY OPERATING CO. replaced CIMAREX ENERGY CO. as the buyer of this lease's gas from gas wells on Jan 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 27% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 27% over the last 12 monthsMonthly gas production and oil for LT. GIBSON 1 STATE UNIT, Aug 2023 to Jul 2026. Gas output fell 27% over the last 12 months. 331,651 mcf in the 12 months through Jul 2026, against 453,034 mcf in the 12 months before.Last 12 months: 331,651 mcfmcf per monthbbl per month0020k2,00040k4,00060k6,00080k8,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 27% over the last 12 monthsMonthly gas production and oil for LT. GIBSON 1 STATE UNIT, Aug 2023 to Jul 2026. Gas output fell 27% over the last 12 months. 331,651 mcf in the 12 months through Jul 2026, against 453,034 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k2,00040k4,00060k6,00080k8,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of LT. GIBSON 1 STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of LT. GIBSON 1 STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

Who has run this lease

The operator changed once, most recently in Nov 2025

Operators of this lease over timeCimarex Energy Co., Nov 2021 to Oct 2025; Coterra Energy Operating Co., Nov 2025 to Jul 202620222023202420252026Changed Nov 2025Cimarex Energy Co.Nov 2021 to Oct 2025Coterra Energy Operating Co.Nov 2025 to now
Operators of this lease over timeCimarex Energy Co., Nov 2021 to Oct 2025; Coterra Energy Operating Co., Nov 2025 to Jul 202620222023202420252026Changed Nov 2025Cimarex Energy Co.Nov 2021 to Oct 2025Coterra Energy Operating Co.Nov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LT. GIBSON 1 STATE UNIT
API numberWell no.Status
42-109-337235HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers50Nov 23, 2021–
Plains Pipeline L.p.CondensateGathers50Nov 23, 2021–
Coterra Energy Operating Co.Gas-well gasBuys100Jan 1, 2026–
Coterra Energy Operating Co.Gas-well gasGathers100Jan 1, 2026–
Cimarex Energy Co.Gas-well gasGathers100Nov 23, 2021Jan 1, 2026
Cimarex Energy Co.Gas-well gasBuys100Nov 23, 2021Jan 1, 2026

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

Who buys my oilOil price check

1,368 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.

Check your decimal on this lease
Permits for LT. Gibson 1 State Unit
API numberWell no.Acreson the permit
42-109-337235H1,368

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

Unit decimal checker

What Devon Energy Corporation told investors it received

Coterra Energy Operating Co. is linked to Devon Energy Corporation (CTRA).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$70.79SEC filing
Q3 2025$64.10SEC filing
Q2 2025$62.80SEC filing
Q1 2025$69.73SEC filing
Q3 2024$74.04SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for LT. GIBSON 1 STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Coterra Energy1,7851,79428,57828,5780$80.46$2.89
Jun 2026Coterra Energy1,8311,85028,89428,8940$84.81$3.15
May 2026Coterra Energy2,3202,30131,89231,8920$102.13$2.94
Apr 2026Coterra Energy1,2521,25316,64716,6470$100.32$2.77
Mar 2026Coterra Energy1,9261,93128,16828,1680$91.38$3.04
Feb 2026Coterra Energy1,9361,92726,53926,5390$64.51$3.62
Jan 2026Coterra Energy1,9301,94325,56125,5610$60.04$7.72
Dec 2025Coterra Energy2,1702,16430,30630,3060$57.97$4.26
Nov 2025Coterra Energy2,0382,03728,93528,9350$60.06$3.79
Oct 2025Cimarex Energy2,0102,01629,06129,0610$60.89$3.19
Sep 2025Cimarex Energy2,2532,25028,21128,2110$63.96$2.97
Aug 2025Cimarex Energy2,2102,21628,85928,8590$64.86$2.91
Jul 2025Cimarex Energy2,3252,31224,68024,6800$68.39$3.20
Jun 2025Cimarex Energy2,5812,58127,99927,9990$68.17$3.02
May 2025Cimarex Energy2,5682,57235,27135,2710$62.17$3.12
Apr 2025Cimarex Energy2,9112,90436,96036,9600$63.54$3.42
Mar 2025Cimarex Energy2,6872,70336,60036,6000$68.24$4.12
Feb 2025Cimarex Energy2,9182,90335,83735,8370$71.53$4.19
Jan 2025Cimarex Energy3,5573,57241,97741,9770$75.74$4.13
Dec 2024Cimarex Energy3,8843,87049,71449,7140$70.12$3.01
Nov 2024Cimarex Energy3,2513,25142,32542,3250$69.95$2.12
Oct 2024Cimarex Energy3,2523,25142,14242,1420$71.99$2.20
Sep 2024Cimarex Energy3,2123,21439,58839,5880$70.24$2.28
Aug 2024Cimarex Energy3,5333,53539,94139,9410$76.68$1.99
Jul 2024Cimarex Energy3,6493,65337,00737,0070$81.80$2.07
Jun 2024Cimarex Energy3,9623,95534,03034,0300$79.77$2.54
May 2024Cimarex Energy4,2234,21528,43928,4390$80.02$2.12
Apr 2024Cimarex Energy3,1703,16713,25413,2540$85.35$1.60
Mar 2024Cimarex Energy05000$81.28$1.49
Feb 2024Cimarex Energy2,1802,19920,12620,1260$77.25$1.72
Jan 2024Cimarex Energy3,9864,01447,51947,5190$74.15$3.18
Dec 2023Cimarex Energy4,4174,40848,65648,6560$71.90$2.52
Nov 2023Cimarex Energy4,0814,04845,54745,5470$77.69$2.71
Oct 2023Cimarex Energy4,7824,79752,62952,6290$85.64$2.98
Sep 2023Cimarex Energy5,0485,04950,72250,7220$89.43$2.64
Aug 2023Cimarex Energy5,2465,25643,49143,4910$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

This lease belongs to

OperatorCoterra Energy Operating Co.FieldFord, West (Wolfcamp)CountyCulberson County

Coterra Energy Operating Co. in Culberson County

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Ford, West (Wolfcamp) field

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