CARLSON-JACOBS UNIT

Operated by CTR PETROLEUM, INC. (P-5 191850) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14680District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$150 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
61
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition8,377 bbl$147,634
Casinghead gasProduction2,842 Mcf$2,276
Total$149,909

1,879 Mcf of this lease's gas, across 29 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 29.9398, -97.0562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93976, -97.05624 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,470 ft
1 wells filed one
Completion to plug
16.2 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 8,470 ft.

Completions filed
Sep 1981
1 of 1 wells
Plug dates filed
Nov 1997
1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493109118,470 ftSep 1981Nov 1997Yes

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 (61)

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

61 months

Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997112017.862.55$2,000
Jul 199713017.582.25$229
Jun 1997020317.242.26$458
May 199720120418.972.31$4,284
Apr 19971317817.882.08$603
Mar 199720713718.951.94$4,188
Feb 1997810720.492.21$400
Jan 199718813423.483.54$4,889
Dec 199620012823.32$4,664
Nov 199619013721.97$4,174
Oct 199619013523.31$4,429
Sep 199619215622.22$4,266
Aug 199636524020.26$7,395
Jul 199655912019.55$10,928
Jun 19961881818.73$3,521
May 199601719.43$0
Apr 1996180021.51$3,872
Mar 19960019.38$0
Feb 1996181016.98$3,073
Jan 1996177017.07$3,021
Dec 1995175017.19$3,008
Nov 1995188016.00$3,008
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995183015.24$2,789
Jun 1995193016.41$3,167
May 19950017.56$0
Apr 1995182017.73$3,227
Mar 1995192016.44$3,156
Feb 1995175016.58$2,902
Jan 1995372015.92$5,922
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994163015.58$2,540
Sep 1994182115.29$2,783
Aug 1994354116.13$5,710
Jul 19940117.56$0
Jun 19940117.09$0
May 1994354115.88$5,622
Apr 19940214.14$0
Mar 19940112.46$0
Feb 1994358112.50$4,475
Jan 19940512.66$0
Dec 19931771112.33$2,182
Nov 19930914.49$0
Oct 19931853815.85$2,932
Sep 199317510215.03$2,630
Aug 19931808715.66$2,819
Jul 199335813315.46$5,535
Jun 199306416.79$0
May 199335211117.68$6,223
Apr 199309618.05$0
Mar 199335610418.14$6,458
Feb 19933595817.90$6,426
Jan 1993010116.93$0

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.

Aug 1997 — as filed, then multipliedworked
Oil                  112 bbl  × $ 17.86 =     $2,000
Casinghead gas         0 Mcf  × $  2.55 =         $0

────────────────────────────────────────────────────
Month total                                   $2,000

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/14680 is the state's own key, not one this site invented.