CARTER, W. R., ET UX

Name: CARTER, W. R., ET UX lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the VILLAGE MILLS, EAST (Z-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10898District 03Field 93832872OilCasinghead gasSave Export

Value, all time

$158 k

Jan 1993 – Oct 1998

Value, last 12 filed months

$27 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The VILLAGE MILLS, EAST (Z-1) field

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 7 leases and 16 wells, and the rule below applies to all of them.

Discovered

1949-06-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1949-10-03.

The Commission's schedule remark for this field reads: “SEPARATED FROM VILLAGE MILLS, EAST (Z) 6-1-75”

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,581 bbl	$153,950
Casinghead gas	Production	6,765 Mcf	$3,640
Total			$157,590

5,251 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.

Wells on this lease (1)

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 30.4977, -94.3775. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49766, -94.37749 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,300 ft

1 wells filed one

Completion to plug

3.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

The one well that filed a depth was drilled to 7,300 ft.

Completions filed

Jul 2012

1 of 1 wells

Plug dates filed

Oct 2015

1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-19900529	1	7,300 ft	Jul 2012	Oct 2015	Yes

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 (70)

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

70 months


Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	432	0	11.74	2.24	$5,072
Jun 1998	783	656	11.24	2.24	$10,269
May 1998	0	126	12.62	2.21	$278
Apr 1998	226	160	13.04	2.51	$3,348
Mar 1998	0	102	12.80	2.31	$236
Feb 1998	0	82	13.95	2.30	$189
Jan 1998	217	34	14.70	2.15	$3,263
Dec 1997	0	42	16.32	2.41	$101
Nov 1997	228	60	18.19	3.09	$4,333
Oct 1997	0	70	19.25	3.15	$220
Sep 1997	236	84	17.74	2.95	$4,435
Aug 1997	0	42	17.86	2.55	$107
Jul 1997	0	13	17.58	2.25	$29
Jun 1997	256	8	17.24	2.26	$4,432
May 1997	0	6	18.97	2.31	$14
Apr 1997	265	6	17.88	2.08	$4,751
Mar 1997	0	7	18.95	1.94	$14
Feb 1997	271	8	20.49	2.21	$5,570
Jan 1997	0	8	23.48	3.54	$28
Dec 1996	163	8	23.32	—	$3,801
Nov 1996	155	4	21.97	—	$3,405
Oct 1996	0	8	23.31	—	$0
Sep 1996	0	25	22.22	—	$0
Aug 1996	143	1	20.26	—	$2,897
Jul 1996	165	1	19.55	—	$3,226
Jun 1996	128	1	18.73	—	$2,397
May 1996	88	1	19.43	—	$1,710
Apr 1996	106	1	21.51	—	$2,280
Mar 1996	186	1	19.38	—	$3,605
Feb 1996	122	1	16.98	—	$2,072
Jan 1996	164	1	17.07	—	$2,799
Dec 1995	150	1	17.19	—	$2,579
Nov 1995	161	1	16.00	—	$2,576
Oct 1995	152	2	15.43	—	$2,345
Sep 1995	63	3	16.18	—	$1,019
Aug 1995	155	4	15.92	—	$2,468
Jul 1995	143	2	15.24	—	$2,179
Jun 1995	116	2	16.41	—	$1,904
May 1995	122	1	17.56	—	$2,142
Apr 1995	138	4	17.73	—	$2,447
Mar 1995	115	1	16.44	—	$1,891
Feb 1995	154	1	16.58	—	$2,553
Jan 1995	135	12	15.92	—	$2,149
Dec 1994	117	12	15.03	—	$1,759
Nov 1994	125	11	15.90	—	$1,988
Oct 1994	125	13	15.58	—	$1,948
Sep 1994	130	248	15.29	—	$1,988
Aug 1994	124	228	16.13	—	$2,000
Jul 1994	127	284	17.56	—	$2,230
Jun 1994	149	246	17.09	—	$2,546
May 1994	123	250	15.88	—	$1,953
Apr 1994	167	258	14.14	—	$2,361
Mar 1994	170	257	12.46	—	$2,118
Feb 1994	167	478	12.50	—	$2,088
Jan 1994	171	248	12.66	—	$2,165
Dec 1993	181	207	12.33	—	$2,232
Nov 1993	157	209	14.49	—	$2,275
Oct 1993	162	236	15.85	—	$2,568
Sep 1993	174	216	15.03	—	$2,615
Aug 1993	183	236	15.66	—	$2,866
Jul 1993	173	227	15.46	—	$2,675
Jun 1993	229	251	16.79	—	$3,845
May 1993	104	204	17.68	—	$1,839
Apr 1993	146	222	18.05	—	$2,635
Mar 1993	161	223	18.14	—	$2,921
Feb 1993	143	265	17.90	—	$2,560
Jan 1993	135	135	16.93	—	$2,286

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.

Jul 1998 — as filed, then multipliedworked

Oil                  432 bbl  × $ 11.74 =     $5,072
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $5,072

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/O/10898 is the state's own key, not one this site invented.