CARTER BROS. GAS UNIT NO. 5

Operated by SM OPERATING COMPANY LLC (P-5 788993) in the DAMASCUS (SEAMANS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102341District 03Field 22876500CondensateGasSaveExport
Value, all time
$18.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1979-11-18
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFF 6-1-94

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
CondensateDisposition8,020 bbl$432,739
GasProduction5,090,671 Mcf$17,898,057
Total$18,330,797

975,419 Mcf of this lease's gas, across 48 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.

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 202605,46798.932.87$15,689
Mar 202608,79589.753.15$27,699
Feb 2026061363.503.75$2,299
Jan 202603,27159.138.00$26,161
Dec 202507,08356.664.41$31,260
Nov 20251248,03758.593.93$38,822
Oct 202505,28859.383.30$17,476
Sep 202505,38162.743.08$16,557
Aug 202507,56663.933.01$22,810
Jul 20251126,68966.743.32$29,650
Jun 20250066.483.13$0
May 202506,71460.553.23$21,702
Apr 202506,64062.363.54$23,526
Mar 202508,20167.704.27$35,004
Feb 202509,20570.884.34$39,957
Jan 2025909,22674.324.28$46,164
Dec 2024758,91668.993.12$33,004
Nov 202409,07269.052.20$19,944
Oct 202407,40671.372.28$16,896
Sep 202409,04069.612.36$21,374
Aug 202404,95275.632.06$10,219
Jul 202408,34579.932.15$17,913
Jun 2024082578.082.63$2,173
May 202407,92578.812.20$17,423
Apr 202408,29584.451.66$13,763
Mar 202406,87780.301.55$10,626
Feb 2024058476.091.78$1,042
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202305,96077.892.81$16,733
Oct 202306,55185.443.09$20,225
Sep 202305,51289.042.74$15,076
Aug 202305,87680.522.67$15,706
Jul 202307,04374.852.64$18,606
Jun 202306,68968.962.26$15,107
May 202306,96270.622.23$15,507
Apr 202306,85678.122.24$15,342
Mar 202306,92672.852.39$16,575
Feb 202306,27375.112.47$15,467
Jan 202307,39276.533.39$25,042
Dec 202206,25876.415.73$35,853
Nov 20221466,93485.005.65$51,561
Oct 202206,81687.185.86$39,967
Sep 202207,03584.888.16$57,431
Aug 202206,64894.529.13$60,677
Jul 202206,626101.587.54$49,974
Jun 202205,440115.097.98$43,396
May 202206,507109.378.43$54,874
Apr 202205,745104.226.84$39,282
Mar 202206,254108.885.08$31,748
Feb 202206,34091.054.86$30,805
Jan 202206,43481.844.54$29,195
Dec 202106,82471.323.90$26,608
Nov 202107,15177.435.24$37,449
Oct 202107,09679.795.71$40,546
Sep 202105,87569.865.35$31,437
Aug 202106,21066.024.22$26,210
Jul 202106,53570.783.98$26,023
Jun 202106,66769.493.38$22,539
May 202107,60163.483.02$22,937
Apr 202107,33960.362.76$20,244
Mar 202106,89661.302.72$18,736
Feb 202105,13557.805.55$28,489
Jan 202108,13150.412.81$22,850
Dec 202007,84444.642.68$20,986
Nov 202007,47038.772.71$20,218
Oct 202007,45836.972.48$18,484
Sep 202007,13837.091.99$14,212
Aug 202007,33339.982.39$17,490
Jul 202007,23438.371.83$13,203
Jun 202006,99434.901.69$11,822
May 202007,25416.921.81$13,164
Apr 202007,53514.751.80$13,596
Mar 202007,81830.341.86$14,512
Feb 202006,74049.881.98$13,350
Jan 202007,59557.252.09$15,910
Dec 201907,49059.012.30$17,260
Nov 201907,63355.302.75$20,996
Oct 20191807,22353.472.42$27,094
Sep 201907,72655.052.66$20,530
Aug 201907,79153.112.30$17,953
Jul 201907,57856.272.46$18,642
Jun 201907,31752.782.49$18,228
May 201907,22358.482.74$19,793
Apr 201906,74262.632.75$18,545
Mar 201907,32456.803.06$22,427
Feb 201904,50450.852.79$12,576
Jan 201907,30846.033.23$23,592
Dec 201806,60246.594.19$27,632
Nov 201805,88052.934.24$24,915
Oct 201805,37461.443.40$18,261
Sep 201803,69059.543.11$11,469
Aug 2018038459.403.07$1,178
Jul 2018022165.142.93$648
Jun 201809,26060.183.08$28,492
May 2018011,13165.382.90$32,289
Apr 2018011,66163.842.90$33,826
Mar 201817411,62261.222.79$43,041
Feb 2018011,00761.782.77$30,447
Jan 2018011,68262.874.01$46,837
Dec 2017012,13657.272.92$35,456
Nov 2017011,44855.423.12$35,699
Oct 201717711,97749.292.98$44,460
Sep 2017012,17647.523.09$37,591
Aug 2017013,01045.373.00$39,087
Jul 2017013,44443.873.09$41,505
Jun 201716912,16042.493.09$44,722
May 2017012,37045.373.26$40,368
Apr 2017013,45047.933.21$43,196
Mar 201701,83646.772.98$5,478
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201602,56448.763.72$9,545
Nov 2016012,49642.492.64$33,044
Oct 2016011,56146.193.09$35,727
Sep 2016011,46541.553.10$35,549
Aug 2016012,32041.442.92$36,028
Jul 201618012,45941.622.92$43,926
Jun 2016012,42045.352.69$33,358
May 2016013,20442.521.99$26,290
Apr 2016012,73436.561.99$25,354
Mar 2016013,32633.011.79$23,907
Feb 201618313,49526.472.06$32,693
Jan 2016013,17627.352.36$31,153
Dec 2015014,18932.362.00$28,398
Nov 2015012,85638.792.17$27,863
Oct 2015014,53843.552.43$35,278
Sep 2015014,60442.992.76$40,284
Aug 2015014,73140.162.87$42,315
Jul 201518012,73048.152.95$46,158
Jun 201509,21556.152.88$26,566
May 2015011,60155.212.96$34,286
Apr 2015010,21749.822.71$27,653
Mar 2015011,35542.892.93$33,324
Feb 2015011,19644.662.98$33,321
Jan 201517613,85243.433.10$50,594
Dec 2014013,85854.693.59$49,769
Nov 2014012,57670.464.25$53,471
Oct 2014012,78178.303.90$49,858
Sep 201416311,91186.164.05$62,229
Aug 2014013,07889.394.04$52,771
Jul 2014011,31296.564.18$47,280
Jun 2014010,34198.164.74$48,984
May 2014010,95294.734.73$51,765
Apr 2014011,06495.944.81$53,208
Mar 201416611,28095.895.06$72,958
Feb 2014011,39897.406.19$70,576
Jan 2014013,08190.404.86$63,583
Dec 201318013,28391.824.35$74,368
Nov 2013012,37088.853.74$46,243
Oct 2013013,76297.423.78$52,012
Sep 2013012,768104.113.72$47,468
Aug 2013013,195104.253.52$46,481
Jul 201312413,418102.523.72$62,597
Jun 201312413,07394.403.93$63,127
May 2013011,28794.834.15$46,831
Apr 2013012,28293.964.28$52,599
Mar 201333811,92293.623.91$78,293
Feb 2013010,13391.233.42$34,654
Jan 2013013,37691.603.42$45,745
Dec 2012012,53186.773.42$42,858
Nov 2012015,39686.953.62$55,810
Oct 2012012,31889.383.40$41,877
Sep 2012012,11194.672.92$35,345
Aug 2012012,66092.662.91$36,817
Jul 201216312,46185.133.02$51,518
Jun 2012014,26979.822.52$35,944
May 2012013,66391.612.49$33,998
Apr 2012011,555101.652.00$23,073
Mar 2012011,635105.052.22$25,854
Feb 20121699,492101.102.57$41,483
Jan 2012010,60798.092.73$29,000
Dec 2011011,05796.873.24$35,822
Nov 2011013,23595.723.31$43,825
Oct 201117418,74384.983.65$83,171
Sep 2011018,06083.623.99$71,984
Aug 2011016,09083.404.15$66,763
Jul 2011016,70994.144.52$75,479
Jun 2011015,40292.904.64$71,463
May 2011013,66398.134.40$60,183
Apr 201109,285105.964.33$40,235
Mar 201117811,24796.364.06$62,785
Feb 201103,91285.644.18$16,352
Jan 201106,07786.504.59$27,886
Dec 201005,93185.734.35$25,787
Nov 201009,00380.843.80$34,169
Oct 2010010,88178.103.51$38,180
Sep 2010010,25772.633.98$40,817
Aug 201017710,44773.684.42$59,210
Jul 2010012,93672.554.74$61,271
Jun 2010012,36270.364.91$60,702
May 201017511,33571.124.24$60,452
Apr 201009,03081.694.12$37,228
Mar 20101758,74978.394.39$52,115
Feb 201009,39473.585.44$51,126
Jan 201017912,76174.365.96$89,418
Dec 2009013,10871.445.48$71,881
Nov 2009011,77474.593.75$44,170
Oct 2009011,29672.544.11$46,429
Sep 2009010,55365.543.06$32,342
Aug 2009010,02567.423.22$32,265
Jul 2009010,70661.133.46$37,091
Jun 200909,75766.163.90$38,004
May 20091719,38754.743.93$46,212
Apr 200909,79746.773.59$35,147
Mar 2009010,71442.144.06$43,488
Feb 200908,83032.814.63$40,909
Jan 2009011,29235.865.37$60,649
Dec 200809,18037.105.98$54,870
Nov 200815111,23055.496.86$85,421
Oct 200818111,17975.246.92$90,999
Sep 200806,175101.767.88$48,641
Aug 2008014,591114.228.48$123,776
Jul 2008014,376131.0811.39$163,734
Jun 2008014,266131.3313.03$185,924
May 2008015,829123.1711.57$183,209
Apr 2008016,317110.3110.45$170,592
Mar 200817514,122101.909.66$154,309
Feb 2008014,81192.538.77$129,901
Jan 2008014,86590.388.21$121,978
Dec 200709,64188.337.30$70,398
Nov 2007014,04791.677.29$102,427
Oct 2007017,73382.856.92$122,747
Sep 2007015,09075.846.24$94,224
Aug 2007013,84969.066.39$88,467
Jul 2007013,76070.906.39$87,898
Jun 2007016,97662.007.55$128,142
May 2007016,33258.747.85$128,145
Apr 200709,35959.617.81$73,049
Mar 200718316,31256.927.30$129,526
Feb 2007015,34055.108.22$126,033
Jan 2007013,53550.306.73$91,048
Dec 2006015,94156.656.92$110,287
Nov 2006011,09054.207.62$84,478
Oct 2006014,96154.906.01$89,972
Sep 2006015,39260.085.04$77,533
Aug 200617714,10468.717.34$115,684
Jul 2006015,49169.376.34$98,256
Jun 2006013,91666.286.38$88,838
May 2006015,79466.016.42$101,476
Apr 200603,71464.397.36$27,337
Mar 2006015,82456.707.08$112,080
Feb 2006014,33657.597.75$111,120
Jan 2006019,88560.598.93$177,639
Dec 2005014,71554.9413.42$197,408
Nov 2005014,11154.6910.59$149,413
Oct 2005013,94758.3413.80$192,409
Sep 2005015,48861.4512.08$187,080
Aug 2005016,00961.519.80$156,838
Jul 2005015,75255.697.84$123,553
Jun 2005015,17852.337.38$112,029
May 2005015,55245.226.65$103,439
Apr 2005015,32949.207.36$112,829
Mar 2005015,54750.377.15$111,237
Feb 2005013,43345.226.31$84,788
Jan 2005015,80043.166.32$99,891
Dec 2004013,06239.866.75$88,183
Nov 2004014,79345.286.33$93,646
Oct 2004015,04149.706.52$97,994
Sep 2004014,98743.245.28$79,190
Aug 2004015,71042.375.55$87,201
Jul 2004015,82938.286.08$96,306
Jun 2004014,70136.106.43$94,572
May 2004015,61637.486.49$101,419
Apr 2004015,19234.475.86$89,002
Mar 2004015,93934.365.53$88,145
Feb 2004014,95332.455.51$82,385
Jan 2004016,02432.036.30$100,945
Dec 2003016,18430.266.30$101,986
Nov 2003014,93528.804.60$68,629
Oct 2003014,71928.174.76$70,057
Sep 2003015,02326.314.75$71,350
Aug 2003016,15929.765.13$82,891
Jul 2003010,12029.415.17$52,329
Jun 200305,04328.565.98$30,172
May 2003012,76826.595.97$76,259
Apr 2003015,07726.675.41$81,526
Mar 200305,43231.146.10$33,114
Feb 2003010,44933.487.93$82,818
Jan 2003011,81130.315.58$65,929
Dec 2002013,47926.914.85$65,424
Nov 2002014,48624.664.14$59,928
Oct 2002014,94626.464.23$63,208
Sep 2002012,02327.443.64$43,706
Aug 2002011,94425.963.16$37,793
Jul 2002013,59924.583.06$41,637
Jun 2002014,58723.733.34$48,695
May 2002016,04424.663.58$57,502
Apr 2002013,60723.653.51$47,792
Mar 2002014,67022.003.10$45,517
Feb 2002016,04618.222.38$38,120
Jan 2002013,77217.172.38$32,718
Dec 2001015,08516.932.36$35,667
Nov 2001012,90918.072.41$31,053
Oct 2001012,00719.782.53$30,364
Sep 2001015,45324.262.25$34,790
Aug 2001010,15024.873.05$30,990
Jul 2001017,09023.933.20$54,638
Jun 2001017,17324.563.82$65,672
May 2001017,47425.524.31$75,266
Apr 2001016,70424.685.34$89,121
Mar 2001016,08124.545.38$86,459
Feb 2001014,74127.755.77$85,013
Jan 2001016,26027.478.40$136,564
Dec 2000017,39526.889.12$158,686
Nov 2000016,29232.215.66$92,180
Oct 2000017,57731.235.15$90,442
Sep 2000015,91331.875.19$82,533
Aug 2000017,70229.644.54$80,380
Jul 2000017,62128.534.09$72,065
Jun 2000017,25329.304.40$75,866
May 2000017,96327.263.68$66,099
Apr 2000017,29124.513.12$53,879
Mar 2000017,86228.422.86$51,081
Feb 2000016,67227.622.73$45,456
Jan 2000017,57425.272.48$43,592
Dec 1999018,38324.282.42$44,555
Nov 1999017,43523.192.43$42,437
Oct 1999018,04920.982.80$50,604
Sep 1999017,47321.752.62$45,759
Aug 1999018,61219.262.88$53,521
Jul 1999018,77417.892.37$44,539
Jun 1999018,07815.942.36$42,702
May 1999015,21515.792.32$35,314
Apr 1999016,28615.102.21$35,960
Mar 1999017,30912.471.84$31,820
Feb 1999016,3909.981.82$29,794
Jan 1999017,28310.381.90$32,837
Dec 1998017,6169.201.77$31,239
Nov 1998017,25610.892.19$37,717
Oct 1998017,55112.421.97$34,562
Sep 1998016,91312.592.08$35,223
Aug 1998017,57211.301.91$33,516
Jul 1998017,84911.742.24$39,933
Jun 1998018,64611.242.24$41,716
May 1998017,85012.622.21$39,383
Apr 1998018,16813.042.51$45,517
Mar 1998017,97712.802.31$41,517
Feb 1998017,17913.952.30$39,497
Jan 1998018,64714.702.15$40,180
Dec 1997019,33116.322.41$46,609
Nov 1997016,00318.193.09$49,421
Oct 1997017,17619.253.15$54,101
Sep 1997018,90517.742.95$55,862
Aug 1997017,63617.862.55$45,055
Jul 1997015,04217.582.25$33,798
Jun 1997012,03717.242.26$27,170
May 1997017,93418.972.31$41,401
Apr 1997014,79817.882.08$30,821
Mar 1997020,69318.951.94$40,127
Feb 1997017,91620.492.21$39,521
Jan 1997020,98323.483.54$74,274
Dec 1996020,54023.32$0
Nov 1996018,72321.97$0
Oct 1996020,48523.31$0
Sep 1996021,02822.22$0
Aug 1996020,39020.26$0
Jul 1996017,09319.55$0
Jun 1996012,48818.73$0
May 1996020,28219.43$0
Apr 1996018,36621.51$0
Mar 1996018,17519.38$0
Feb 1996017,83916.98$0
Jan 1996019,53917.07$0
Dec 1995021,37317.19$0
Nov 1995022,83016.00$0
Oct 1995021,20815.43$0
Sep 1995021,15316.18$0
Aug 1995023,11915.92$0
Jul 1995022,98415.24$0
Jun 1995022,01116.41$0
May 1995023,35717.56$0
Apr 1995022,05117.73$0
Mar 1995023,86016.44$0
Feb 199512219,64316.58$2,023
Jan 1995024,22515.92$0
Dec 199415020,26815.03$2,255
Nov 199414519,21415.90$2,306
Oct 199407,96415.58$0
Sep 199416714,26515.29$2,553
Aug 1994023,18616.13$0
Jul 199422923,06417.56$4,021
Jun 1994023,19717.09$0
May 199412319,17015.88$1,953
Apr 199410822,97814.14$1,527
Mar 1994017,21212.46$0
Feb 1994018,85212.50$0
Jan 199438918,95712.66$4,925
Dec 199318717,55412.33$2,306
Nov 1993022,61914.49$0
Oct 199318722,08115.85$2,964
Sep 1993022,77715.03$0
Aug 1993023,55815.66$0
Jul 199316819,91615.46$2,597
Jun 1993018,01416.79$0
May 199318523,95017.68$3,271
Apr 1993023,69918.05$0
Mar 1993019,56718.14$0
Feb 199318622,76217.90$3,329
Jan 199318517,83316.93$3,132

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                5,467 Mcf  × $  2.87 =    $15,689

────────────────────────────────────────────────────
Month total                                  $15,689

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. 03/G/102341 is the state's own key, not one this site invented.