CREEL
CREEL is a Texas gas lease in Tyler County, Railroad Commission district 03, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 116,225 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $20K, with roughly $4K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 11 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 18,509 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about CREEL
- Who operates CREEL?
- CREEL is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is CREEL?
- CREEL is a Texas gas lease in Tyler County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 280596.
- Is CREEL still producing?
- CREEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CREEL is August 2026.
- How much has CREEL produced?
- CREEL has reported 116,225 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2014 and August 2026, from 1 wellbore.
- How much is CREEL worth?
- The remaining production from CREEL is estimated to be worth about $20K in total as of 26 August 2026, within a range of $11K to $30K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CREEL is a fraction of it. The estimate fits an Arps decline curve to the production CREEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CREEL is an estimate of value, not an offer and not an appraisal.
- How much income does CREEL generate in a year?
- CREEL is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CREEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Jazz (Wilcox Deep) |
| County | Tyler County, Texas |
| RRC district | 03 |
| Lease number | 280596 |
| Wellbores | 1 |
| Reported production | 116,225 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where CREEL sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.