Extrxct
Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
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GIBSON L

RRC oil lease 49289, district 10 · PHANTOM (WOLFCAMP) field · Reeves County · operated by PERMIAN RESOURCES OPERATING, LLC

GIBSON L at a glance

Oil output in Mar 2026–May 2026 was down 46% from the same three months a year earlier. Over the last 12 months it reported 121,083 BBL of oil and 276,090 MCF of gas. In May 2026, the latest month not marked provisional, it reported 9,426 BBL and 25,700 MCF.

121.1KBBL oil, last 12 months▲ 29% vs prior 12
276.1KMCF gas, last 12 months▲ 67% vs prior 12
$993.06est. gross royalty for May 2026 at decimal
14new permits in Reeves County this month

Royalty = (9,426 BBL × $97.31 WTI, Sep 2026, EIA + 25,700 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

010K20K30KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

010K20K30K40KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

GIBSON L production history in brief

By oil-equivalent volume over the last 12 months, GIBSON L ranks #564 of 5,919 reporting leases in Reeves County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak oil month in that window was Mar 2025 at 20,213 BBL. The lease is in the PHANTOM (WOLFCAMP) field and is operated by PERMIAN RESOURCES OPERATING, LLC; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Reeves County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-13PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 DW301HB12,447
2026-10-13TRP OPERATING LLCSLASH1D9,000
2026-10-13TRP OPERATING LLCWILLIAMS1D9,000
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 AW101HA12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 BW101HB12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 CW201HB12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 EW302HB12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 FW401HB12,447
2026-10-07CONTINENTAL RESOURCES, INC.MACCHIATO 0211A01H15,831
2026-10-01WWM OPERATING, LLCWAHA/FROST3C2,550

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)9,13730,300
Jun 2026 (provisional)8,20326,995
May 20269,42625,700
Apr 20269,00323,016
Mar 20269,25222,568
Feb 202610,03420,958
Jan 202613,21921,799
Dec 202513,05620,728
Nov 202512,90420,917
Oct 20259,37421,588
Sep 20258,33520,610
Aug 20259,14020,911
Jul 20259,44118,615
Jun 202511,77621,561
May 202514,03524,699
Apr 202517,05028,819
Mar 202520,21333,900
Feb 202518,41830,986
Jan 20254661,613
Dec 2024440751
Nov 2024413837
Oct 2024471956
Sep 20244521,072
Aug 20244961,177
Jul 20245121,175
Jun 20241,1693,632
May 20242,2386,186
Apr 20241,9715,897
Mar 20242,1606,414
Feb 20242,0566,326
Jan 20242,2736,831
Dec 20232,3016,894
Nov 20232,4267,942
Oct 20232,7018,026
Sep 20232,6468,022
Aug 20232,8447,953

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 49289). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.