GIBSON, MERRICK

Operated by CREED OPERATING CO., LLC (P-5 188555) in the PROBABLE (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 61962District 8AField 73240500OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4 leases and 10 wells, and the rule below applies to all of them.

Discovered
1977-09-16
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition19,966 bbl$1,085,465
Casinghead gasProduction44 Mcf$0
Total$1,085,465

44 Mcf of this lease's gas, across 44 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.7934, -100.2653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.79326, -100.26499 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
4,500 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 4,475 and 6,230 ft, median 4,500 ft, over the 3 wells that filed a depth.

Completions filed
Sep 1977 – Sep 2005
3 of 3 wells

3 wells

42-2693257644,500 ftSep 2005
42-2693110326,230 ftJun 2005
42-2693077614,475 ftSep 1977

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201486070.464.25$6,060
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014170095.944.81$16,310
Mar 2014178095.895.06$17,068
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013177091.824.35$16,252
Nov 20130088.853.74$0
Oct 2013178097.423.78$17,341
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131790102.523.72$18,351
Jun 20130094.403.93$0
May 2013182094.834.15$17,259
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013179091.603.42$16,396
Dec 20120086.773.42$0
Nov 2012181086.953.62$15,738
Oct 20120089.383.40$0
Sep 2012177094.672.92$16,757
Aug 2012177092.662.91$16,401
Jul 2012178085.133.02$15,153
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121780101.652.00$18,094
Mar 20121780105.052.22$18,699
Feb 20121780101.102.57$17,996
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011177083.623.99$14,801
Aug 2011174083.404.15$14,512
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011176098.134.40$17,271
Apr 201100105.964.33$0
Mar 2011178096.364.06$17,152
Feb 20110085.644.18$0
Jan 2011162086.504.59$14,013
Dec 2010179085.734.35$15,346
Nov 2010177080.843.80$14,309
Oct 2010175078.103.51$13,668
Sep 20100072.633.98$0
Aug 2010163073.684.42$12,010
Jul 2010179072.554.74$12,986
Jun 2010178070.364.91$12,524
May 2010178071.124.24$12,659
Apr 20100081.694.12$0
Mar 2010176078.394.39$13,797
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009176074.593.75$13,128
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009176067.423.22$11,866
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009180046.773.59$8,419
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008181037.105.98$6,715
Nov 20080055.496.86$0
Oct 2008177075.246.92$13,317
Sep 200800101.767.88$0
Aug 20081790114.228.48$20,445
Jul 200800131.0811.39$0
Jun 20081600131.3313.03$21,013
May 20081750123.1711.57$21,555
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008174092.538.77$16,100
Jan 2008176090.388.21$15,907
Dec 20070088.337.30$0
Nov 2007176091.677.29$16,134
Oct 2007180082.856.92$14,913
Sep 2007176075.846.24$13,348
Aug 2007174069.066.39$12,016
Jul 20070070.906.39$0
Jun 2007172062.007.55$10,664
May 2007182058.747.85$10,691
Apr 2007176059.617.81$10,491
Mar 20070056.927.30$0
Feb 2007177055.108.22$9,753
Jan 2007175050.306.73$8,803
Dec 2006357056.656.92$20,224
Nov 2006181054.207.62$9,810
Oct 2006182054.906.01$9,992
Sep 2006175060.085.04$10,514
Aug 2006352068.717.34$24,186
Jul 2006169069.376.34$11,724
Jun 2006357066.286.38$23,662
May 2006354066.016.42$23,368
Apr 2006517064.397.36$33,290
Mar 2006171056.707.08$9,696
Feb 2006350057.597.75$20,157
Jan 2006178060.598.93$10,785
Dec 2005175054.9413.42$9,615
Nov 2005347054.6910.59$18,977
Oct 2005352058.3413.80$20,536
Sep 2005172061.4512.08$10,569
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200487039.866.75$3,468
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002143027.443.64$3,924
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001168025.524.31$4,287
Apr 2001120024.685.34$2,962
Mar 2001137024.545.38$3,362
Feb 2001186027.755.77$5,162
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199853012.592.08$667
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997126018.193.09$2,292
Oct 1997172019.253.15$3,311
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997122020.492.21$2,500
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996126123.31$2,937
Sep 1996110122.22$2,444
Aug 1996155120.26$3,140
Jul 1996135119.55$2,639
Jun 1996153118.73$2,866
May 1996115119.43$2,234
Apr 1996160121.51$3,442
Mar 19960019.38$0
Feb 199671116.98$1,206
Jan 19960017.07$0
Dec 1995178117.19$3,060
Nov 19950116.00$0
Oct 1995178115.43$2,747
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 1995180116.41$2,954
May 19950117.56$0
Apr 1995162117.73$2,872
Mar 1995177116.44$2,910
Feb 19950116.58$0
Jan 1995168115.92$2,675
Dec 1994133115.03$1,999
Nov 1994181115.90$2,878
Oct 1994176115.58$2,742
Sep 1994166115.29$2,538
Aug 1994170116.13$2,742
Jul 1994334117.56$5,865
Jun 1994178117.09$3,042
May 1994171115.88$2,715
Apr 1994181114.14$2,559
Mar 19940112.46$0
Feb 1994176112.50$2,200
Jan 1994173112.66$2,190
Dec 19930112.33$0
Nov 1993173114.49$2,507
Oct 1993182115.85$2,885
Sep 1993179115.03$2,690
Aug 1993173115.66$2,709
Jul 19930115.46$0
Jun 1993177116.79$2,972
May 1993179117.68$3,165
Apr 1993178118.05$3,213
Mar 1993181118.14$3,283
Feb 19930117.90$0
Jan 1993544116.93$9,210

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2014 — as filed, then multipliedworked
Oil                   86 bbl  × $ 70.46 =     $6,060
Casinghead gas         0 Mcf  × $  4.25 =         $0

────────────────────────────────────────────────────
Month total                                   $6,060

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 8A/O/61962 is the state's own key, not one this site invented.