CARTER, W. T. A

Operated by JACOBI-JOHNSON ENERGY, INC. (P-5 429428) in the SEGNO, N.E. (WILCOX A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18431District 03Field 82144600NGPA filingOilCasinghead gasSaveExport
Value, all time
$88 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$5 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 12 leases and 15 wells, and the rule below applies to all of them.

Discovered
1984-08-23
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

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
NGPA2none

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
OilDisposition5,283 bbl$87,744
Casinghead gasProduction3,189 Mcf$4
Total$87,749

3,187 Mcf of this lease's gas, across 31 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 (2)

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 30.5555, -94.5958. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.55552, -94.59579 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,078 ft
2 wells filed one
Completion to plug
9.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,975 and 8,180 ft, median 8,078 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1985 – Jun 1985
2 of 2 wells
Plug dates filed
May 1991 – Oct 1997
2 of 2 wells

Last completion to plug: a median of 9.3 years across the 2 wells that filed both dates, with the middle half between 7.6 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3733061738,180 ftJun 1985May 1991Yes
42-3733061327,975 ftMar 1985Oct 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 1997276019.253.15$5,313
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970217.582.25$4
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960523.31$0
Sep 19960022.22$0
Aug 199605420.26$0
Jul 1996190519.55$3,715
Jun 199636113418.73$6,762
May 19961893319.43$3,672
Apr 199604621.51$0
Mar 19960019.38$0
Feb 19961874716.98$3,175
Jan 19960917.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950515.92$0
Jul 199501315.24$0
Jun 1995190016.41$3,118
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19941015.03$15
Nov 199419015.90$16
Oct 199419015.58$16
Sep 19941889015.29$2,875
Aug 199437815016.13$6,097
Jul 199407017.56$0
Jun 19943587017.09$6,118
May 19941917015.88$3,033
Apr 19941937014.14$2,729
Mar 19943596012.46$4,473
Feb 199406012.50$0
Jan 199401412.66$0
Dec 19930012.33$0
Nov 19931919514.49$2,768
Oct 19933799515.85$6,007
Sep 1993024015.03$0
Aug 199337224015.66$5,826
Jul 199318624015.46$2,876
Jun 199335426016.79$5,944
May 199337328017.68$6,595
Apr 199318728018.05$3,375
Mar 199317826018.14$3,229
Feb 199301217.90$0
Jan 19930016.93$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.

Oct 1997 — as filed, then multipliedworked
Oil                  276 bbl  × $ 19.25 =     $5,313
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $5,313

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/18431 is the state's own key, not one this site invented.