Gibbs Unit

Oil & Gas Property in Hood County, TX

Property Summary

Key data points for Gibbs Unit

CountyHood County, TX
Production DatesJul 2005 - Jul 2024
Total Oil Production5,134 BBLs
Total Gas Production5,602,884 MCF
Recent Oil Production0 BBLs in Jun 2024
Recent Gas Production13,744 MCF in Jun 2024
Wells on Property5

Our Valuation Estimates for Gibbs Unit

ShaleAssessment

$63,010 *

MarketMultiple

$40,753 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gibbs Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gibbs Unit
from Jul 2005 to Jul 2024

Wells on Gibbs Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-221-31009GIBBS UNIT 2HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351879-97.654185
42-221-31010GIBBS UNIT 1HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351859-97.653933
42-221-31600GIBBS UNIT 3HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351820-97.653827
42-221-31601GIBBS UNIT 4HDIVERSIFIED PRODUCTION LLCProducingHood County, TX32.351778-97.653828
42-221-31656GIBBS UNIT 5HQUICKSILVER RESOURCES INC.Horizontal Well Surface LocatioHood County, TX32.351737-97.653828

Leases included in Gibbs Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
09-211591GIBBS UNIT 2HDIVERSIFIED PRODUCTION LLCHood County, TX
09-212018GIBBS UNIT 1HDIVERSIFIED PRODUCTION LLCHood County, TX
09-240657GIBBS UNIT 4HDIVERSIFIED PRODUCTION LLCHood County, TX
09-241330GIBBS UNIT 3HDIVERSIFIED PRODUCTION LLCHood County, TX

Operators Associated With Gibbs Unit

Nearby Properties

These are the closest 20 properties to the Gibbs Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bob DenverHood County, TX0 BBLs6,273 MCFJul 2024
Brown Hill UnitHood County, TX1 BBLs7,214 MCFJul 2024
Campos UnitHood County, TX0 BBLs34,666 MCFJul 2024
Colonel Flagg UnitHood County, TX7 BBLs13,224 MCFJul 2024
Denver Bob UnitHood County, TX0 BBLs6,363 MCFJul 2024
Gilligan UnitHood County, TX0 BBLs11,907 MCFJul 2024
Hawkeye UnitHood County, TX0 BBLs5,970 MCFJul 2024
Hot Lips UnitHood County, TX4 BBLs17,205 MCFJul 2024
James B. Mooney Unit 2HJohnson County, TX0 BBLs12,308 MCFJul 2024
Ladd UnitHood County, TX0 BBLs13,955 MCFJul 2024
Major Burns UnitHood County, TX0 BBLs3,590 MCFJul 2024
Mary AnnHood County, TX18 BBLs12,727 MCFJul 2024
Mooney UnitHood County, TX71 BBLs19,892 MCFJul 2024
PallmeyerHood County, TX899 BBLs29,044 MCFJul 2024
Parker UnitHood County, TX0 BBLs19,325 MCFJul 2024
ProfessorHood County, TX0 BBLs10,140 MCFJul 2024
RadarHood County, TX0 BBLs10,634 MCFJul 2024
San Raphael UnitHood County, TX100 BBLs20,189 MCFJul 2024
Trapper JohnHood County, TX5 BBLs14,131 MCFJul 2024
Zbar Land & Cattle CoHood County, TX19 BBLs9,014 MCFJul 2024

Owners of Gibbs Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 3HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 2HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 4HDIVERSIFIED PROD LLC
2024GIBBS DOROTHY PINSONGIBBS UNIT 3HDIVERSIFIED PROD LLC
2024GIBBS DOROTHY PINSONGIBBS UNIT 4HDIVERSIFIED PROD LLC
2024GIBBS DOROTHY PINSONGIBBS UNIT 2HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCGIBBS UNIT 1HDIVERSIFIED PROD LLC
2024LEONARD O P JR INVESTMENT COGIBBS UNIT 3HDIVERSIFIED PROD LLC
Displaying 8 of 171 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gibbs Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-240657GIBBS UNIT 4HJun 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJun 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMay 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMay 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMay 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMay 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HApr 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HApr 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HApr 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HApr 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMar 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HMar 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMar 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HMar 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HFeb 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HFeb 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HFeb 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HFeb 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJan 2024DIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HJan 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJan 2024DIVERSIFIED PRODUCTION LLC
09-241330GIBBS UNIT 3HJan 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
09-240657GIBBS UNIT 4HDec 2023DIVERSIFIED PRODUCTION LLC