CARTER, MATTIE K. TRUST

Operated by FORTSON OIL COMPANY (P-5 278563) in the BUTLER (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 82510District 05Field 14009500NGPA filingCondensateGasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
185
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1957-10-31
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/98.

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
CondensateDisposition1,895 bbl$30,584
GasProduction974,840 Mcf$2,204,398
Total$2,234,982

447,309 Mcf of this lease's gas, across 46 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 31.6183, -95.9352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61832, -95.93521 · 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
5,204 ft
1 wells filed one
Completion to plug
12.1 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 5,204 ft.

Completions filed
Apr 1996
1 of 1 wells
Plug dates filed
May 2008
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1613047515,204 ftApr 1996May 2008Yes

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 (185)

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

185 months

May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007010159.617.81$788
Mar 200705856.927.30$424
Feb 200706455.108.22$526
Jan 20070050.306.73$0
Dec 20060356.656.92$21
Nov 200601654.207.62$122
Oct 20060454.906.01$24
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200601,20057.597.75$9,301
Jan 200603,46860.598.93$30,981
Dec 200502,96854.9413.42$39,817
Nov 200504,72254.6910.59$49,998
Oct 200504,71258.3413.80$65,006
Sep 200505,18661.4512.08$62,642
Aug 200505,09261.519.80$49,886
Jul 200504,44555.697.84$34,865
Jun 200504,42152.337.38$32,632
May 200503,45845.226.65$23,000
Apr 200505,41549.207.36$39,857
Mar 200505,84550.377.15$41,820
Feb 200505,01745.226.31$31,667
Jan 200502,94343.166.32$18,606
Dec 200401,96139.866.75$13,239
Nov 200402,46545.286.33$15,604
Oct 200405,94749.706.52$38,745
Sep 200404,01543.245.28$21,215
Aug 200405,22942.375.55$29,024
Jul 200402,55038.286.08$15,515
Jun 200403,63636.106.43$23,390
May 200404,88537.486.49$31,726
Apr 200403,77034.475.86$22,086
Mar 200404,18734.365.53$23,155
Feb 200404,24332.455.51$23,377
Jan 200405,30032.036.30$33,388
Dec 200315,50230.266.30$34,702
Nov 200303,46528.804.60$15,922
Oct 200305,14428.174.76$24,484
Sep 200324,61926.314.75$21,990
Aug 200304,55629.765.13$23,371
Jul 200305,82029.415.17$30,094
Jun 200305,45428.565.98$32,631
May 200306,10726.595.97$36,475
Apr 200306,09226.675.41$32,941
Mar 200303,38831.146.10$20,653
Feb 200304,88633.487.93$38,726
Jan 200304,84330.315.58$27,034
Dec 200204,66326.914.85$22,633
Nov 200204,39624.664.14$18,186
Oct 200213,83626.464.23$16,249
Sep 200214,44027.443.64$16,168
Aug 200204,61525.963.16$14,603
Jul 200204,60824.583.06$14,109
Jun 200202,86423.733.34$9,561
May 200205,50824.663.58$19,741
Apr 200205,33823.653.51$18,749
Mar 200205,50322.003.10$17,074
Feb 200205,02218.222.38$11,931
Jan 200205,10917.172.38$12,137
Dec 200106,02916.932.36$14,255
Nov 200102,98318.072.41$7,176
Oct 200102,91419.782.53$7,369
Sep 200103,23724.262.25$7,288
Aug 200103,71124.873.05$11,330
Jul 200103,27523.933.20$10,470
Jun 200103,64024.563.82$13,920
May 200103,57825.524.31$15,412
Apr 200103,72624.685.34$19,879
Mar 200103,46924.545.38$18,651
Feb 200103,59527.755.77$20,733
Jan 200103,18527.478.40$26,750
Dec 2000072426.889.12$6,605
Nov 200002,68432.215.66$15,186
Oct 200003,00531.235.15$15,462
Sep 200002,45631.875.19$12,738
Aug 200003,17229.644.54$14,403
Jul 200002,87828.534.09$11,770
Jun 200002,49129.304.40$10,954
May 200002,79127.263.68$10,270
Apr 200003,48824.513.12$10,869
Mar 200004,18728.422.86$11,974
Feb 200003,98527.622.73$10,865
Jan 200003,51325.272.48$8,714
Dec 199903,05824.282.42$7,412
Nov 199903,38423.192.43$8,237
Oct 199903,93920.982.80$11,044
Sep 199904,53021.752.62$11,863
Aug 199904,25419.262.88$12,233
Jul 199903,52617.892.37$8,365
Jun 199904,62615.942.36$10,927
May 199905,35215.792.32$12,422
Apr 199901,30715.102.21$2,886
Mar 199902,53012.471.84$4,651
Feb 199901,6019.981.82$2,910
Jan 199903,61110.381.90$6,861
Dec 199803,1969.201.77$5,668
Nov 199807,03110.892.19$15,368
Oct 199807,70112.421.97$15,165
Sep 199807,46812.592.08$15,553
Aug 199809,05911.301.91$17,279
Jul 199809,00711.742.24$20,151
Jun 199808,74111.242.24$19,556
May 199808,95512.622.21$19,758
Apr 199809,41713.042.51$23,593
Mar 199808,28312.802.31$19,129
Feb 199807,30513.952.30$16,795
Jan 199808,69014.702.15$18,725
Dec 199708,89016.322.41$21,435
Nov 1997010,63218.193.09$32,834
Oct 199719,25519.253.15$29,171
Sep 1997159,81817.742.95$29,277
Aug 1997236,75117.862.55$17,658
Jul 1997267,22617.582.25$16,693
Jun 1997387,92617.242.26$18,546
May 1997216,35518.972.31$15,069
Apr 199797,15417.882.08$15,061
Mar 1997216,18718.951.94$12,395
Feb 1997963,52920.492.21$9,752
Jan 199705,41723.483.54$19,175
Dec 199616,78623.32$23
Nov 199607,75221.97$0
Oct 199608,61423.31$0
Sep 199609,01222.22$0
Aug 199609,00420.26$0
Jul 1996010,98819.55$0
Jun 199609,42818.73$0
May 199607,89819.43$0
Apr 1996059721.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 199608,26317.07$0
Dec 19951412,57717.19$241
Nov 19951658,49216.00$2,640
Oct 199576,83815.43$108
Sep 199556,91416.18$81
Aug 1995107,43515.92$159
Jul 1995810,28915.24$122
Jun 1995010,44216.41$0
May 1995710,87617.56$123
Apr 19951958,23417.73$3,457
Mar 1995611,36016.44$99
Feb 1995310,58816.58$50
Jan 1995911,92615.92$143
Dec 1994189,34815.03$271
Nov 1994127,29815.90$191
Oct 199418,18315.58$16
Sep 199498,42415.29$138
Aug 199489,37316.13$129
Jul 19941889,82817.56$3,301
Jun 1994139,24517.09$222
May 1994110,22515.88$16
Apr 1994126,39714.14$170
Mar 199418110,65712.46$2,255
Feb 199479,50612.50$88
Jan 1994310,62112.66$38
Dec 199319712,53412.33$2,429
Nov 1993412,19814.49$58
Oct 199319612,22715.85$3,107
Sep 1993010,43915.03$0
Aug 1993012,15815.66$0
Jul 199317612,01615.46$2,721
Jun 1993012,51216.79$0
May 1993012,27117.68$0
Apr 199318411,75318.05$3,321
Mar 199308,93918.14$0
Feb 1993012,86617.90$0
Jan 1993013,97816.93$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.

Apr 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.61 =         $0
Gas                  101 Mcf  × $  7.81 =       $788

────────────────────────────────────────────────────
Month total                                     $788

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. 05/G/82510 is the state's own key, not one this site invented.