CARTER, OLA EST.

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

Operated by SM ENERGY COMPANY (P-5 788997) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103893District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Jan 1993 – Aug 2013

Value, last 12 filed months

$278

at the published price for each month

Months reported

248

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) 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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1998-07-24	139107
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,612 bbl	$245,502
Gas	Production	572,930 Mcf	$1,867,521
Total			$2,113,023

144,906 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 32.2199, -94.1494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21986, -94.14940 · 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

0.0%

0 of 1 wells

Median depth

10,059 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 10,059 ft.

Completions filed

Aug 2013

1 of 1 wells

1 well


42-36531348	1	10,059 ft	Aug 2013	—	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 (248)

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

248 months


Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	3	3	89.38	3.40	$278
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	53	85.13	3.02	$160
Jun 2012	0	84	79.82	2.52	$212
May 2012	0	109	91.61	2.49	$271
Apr 2012	2	154	101.65	2.00	$511
Mar 2012	0	123	105.05	2.22	$273
Feb 2012	0	17	101.10	2.57	$44
Jan 2012	3	29	98.09	2.73	$374
Dec 2011	0	30	96.87	3.24	$97
Nov 2011	5	25	95.72	3.31	$561
Oct 2011	0	215	84.98	3.65	$784
Sep 2011	0	153	83.62	3.99	$610
Aug 2011	7	108	83.40	4.15	$1,032
Jul 2011	0	8	94.14	4.52	$36
Jun 2011	9	73	92.90	4.64	$1,175
May 2011	0	113	98.13	4.40	$498
Apr 2011	9	186	105.96	4.33	$1,760
Mar 2011	0	172	96.36	4.06	$698
Feb 2011	10	118	85.64	4.18	$1,350
Jan 2011	0	240	86.50	4.59	$1,101
Dec 2010	10	79	85.73	4.35	$1,201
Nov 2010	10	126	80.84	3.80	$1,287
Oct 2010	0	279	78.10	3.51	$979
Sep 2010	5	202	72.63	3.98	$1,167
Aug 2010	0	157	73.68	4.42	$694
Jul 2010	2	136	72.55	4.74	$789
Jun 2010	0	2	70.36	4.91	$10
May 2010	8	477	71.12	4.24	$2,589
Apr 2010	26	1,387	81.69	4.12	$7,842
Mar 2010	9	1,743	78.39	4.39	$8,355
Feb 2010	6	1,156	73.58	5.44	$6,733
Jan 2010	35	1,156	74.36	5.96	$9,497
Dec 2009	0	1,222	71.44	5.48	$6,701
Nov 2009	97	1,235	74.59	3.75	$11,868
Oct 2009	52	1,827	72.54	4.11	$11,282
Sep 2009	0	1,087	65.54	3.06	$3,331
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	25	126	66.16	3.90	$2,145
May 2009	50	928	54.74	3.93	$6,380
Apr 2009	1	836	46.77	3.59	$3,046
Mar 2009	42	1,963	42.14	4.06	$9,738
Feb 2009	0	435	32.81	4.63	$2,015
Jan 2009	3	88	35.86	5.37	$580
Dec 2008	2	277	37.10	5.98	$1,730
Nov 2008	7	264	55.49	6.86	$2,200
Oct 2008	27	390	75.24	6.92	$4,731
Sep 2008	104	408	101.76	7.88	$13,797
Aug 2008	9	160	114.22	8.48	$2,385
Jul 2008	3	385	131.08	11.39	$4,778
Jun 2008	191	529	131.33	13.03	$31,978
May 2008	0	350	123.17	11.57	$4,051
Apr 2008	0	309	110.31	10.45	$3,231
Mar 2008	4	1,160	101.90	9.66	$11,618
Feb 2008	0	825	92.53	8.77	$7,236
Jan 2008	0	2,045	90.38	8.21	$16,781
Dec 2007	0	1,398	88.33	7.30	$10,208
Nov 2007	0	532	91.67	7.29	$3,879
Oct 2007	0	1,596	82.85	6.92	$11,047
Sep 2007	0	2,162	75.84	6.24	$13,500
Aug 2007	0	2,300	69.06	6.39	$14,692
Jul 2007	0	1,295	70.90	6.39	$8,272
Jun 2007	0	1,962	62.00	7.55	$14,810
May 2007	2	1,915	58.74	7.85	$15,143
Apr 2007	159	3,378	59.61	7.81	$35,844
Mar 2007	1	2,976	56.92	7.30	$21,788
Feb 2007	0	2,479	55.10	8.22	$20,367
Jan 2007	0	5,765	50.30	6.73	$38,780
Dec 2006	0	4,904	56.65	6.92	$33,928
Nov 2006	1	1	54.20	7.62	$62
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	97	60.08	5.04	$489
Aug 2006	0	2,092	68.71	7.34	$15,355
Jul 2006	62	2,338	69.37	6.34	$19,130
Jun 2006	0	2,166	66.28	6.38	$13,827
May 2006	0	2,341	66.01	6.42	$15,041
Apr 2006	108	2,399	64.39	7.36	$24,612
Mar 2006	0	2,904	56.70	7.08	$20,569
Feb 2006	0	2,626	57.59	7.75	$20,354
Jan 2006	0	3,327	60.59	8.93	$29,721
Dec 2005	275	2,937	54.94	13.42	$54,510
Nov 2005	0	2,696	54.69	10.59	$28,546
Oct 2005	0	2,514	58.34	13.80	$34,683
Sep 2005	0	3,020	61.45	12.08	$36,479
Aug 2005	0	2,675	61.51	9.80	$26,207
Jul 2005	0	4,480	55.69	7.84	$35,140
Jun 2005	174	4,021	52.33	7.38	$38,785
May 2005	99	3,010	45.22	6.65	$24,497
Apr 2005	0	2,649	49.20	7.36	$19,498
Mar 2005	0	1,460	50.37	7.15	$10,446
Feb 2005	0	1,060	45.22	6.31	$6,691
Jan 2005	0	1,546	43.16	6.32	$9,774
Dec 2004	150	3,374	39.86	6.75	$28,757
Nov 2004	79	285	45.28	6.33	$5,381
Oct 2004	0	243	49.70	6.52	$1,583
Sep 2004	0	1,666	43.24	5.28	$8,803
Aug 2004	122	2,206	42.37	5.55	$17,414
Jul 2004	1	1,584	38.28	6.08	$9,676
Jun 2004	0	1,848	36.10	6.43	$11,888
May 2004	1	1,002	37.48	6.49	$6,545
Apr 2004	0	1,189	34.47	5.86	$6,966
Mar 2004	0	1,273	34.36	5.53	$7,040
Feb 2004	181	1,266	32.45	5.51	$12,849
Jan 2004	0	1,293	32.03	6.30	$8,145
Dec 2003	0	1,801	30.26	6.30	$11,349
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	128	26.31	4.75	$608
Aug 2003	0	345	29.76	5.13	$1,770
Jul 2003	0	1,804	29.41	5.17	$9,328
Jun 2003	0	1,994	28.56	5.98	$11,930
May 2003	0	2,445	26.59	5.97	$14,603
Apr 2003	179	4,282	26.67	5.41	$27,928
Mar 2003	0	2,791	31.14	6.10	$17,014
Feb 2003	0	536	33.48	7.93	$4,248
Jan 2003	0	2,425	30.31	5.58	$13,536
Dec 2002	177	3,548	26.91	4.85	$21,984
Nov 2002	0	3,113	24.66	4.14	$12,878
Oct 2002	157	2,747	26.46	4.23	$15,772
Sep 2002	1	3,763	27.44	3.64	$13,707
Aug 2002	0	5,675	25.96	3.16	$17,957
Jul 2002	0	2,208	24.58	3.06	$6,760
Jun 2002	0	569	23.73	3.34	$1,899
May 2002	0	708	24.66	3.58	$2,537
Apr 2002	0	2,483	23.65	3.51	$8,721
Mar 2002	180	4,097	22.00	3.10	$16,672
Feb 2002	0	470	18.22	2.38	$1,117
Jan 2002	0	1,680	17.17	2.38	$3,991
Dec 2001	0	4,038	16.93	2.36	$9,547
Nov 2001	148	2,600	18.07	2.41	$8,929
Oct 2001	0	4,529	19.78	2.53	$11,453
Sep 2001	0	3,196	24.26	2.25	$7,195
Aug 2001	0	86	24.87	3.05	$263
Jul 2001	158	1,465	23.93	3.20	$8,465
Jun 2001	0	2,559	24.56	3.82	$9,786
May 2001	162	2,289	25.52	4.31	$13,994
Apr 2001	0	2,963	24.68	5.34	$15,809
Mar 2001	180	4,172	24.54	5.38	$26,848
Feb 2001	1	4,791	27.75	5.77	$27,658
Jan 2001	156	4,584	27.47	8.40	$42,785
Dec 2000	1	2,746	26.88	9.12	$25,077
Nov 2000	0	403	32.21	5.66	$2,280
Oct 2000	0	337	31.23	5.15	$1,734
Sep 2000	140	1,595	31.87	5.19	$12,734
Aug 2000	143	1,528	29.64	4.54	$11,177
Jul 2000	0	1,756	28.53	4.09	$7,182
Jun 2000	0	1,860	29.30	4.40	$8,179
May 2000	0	3,064	27.26	3.68	$11,275
Apr 2000	0	2,718	24.51	3.12	$8,469
Mar 2000	0	2,945	28.42	2.86	$8,422
Feb 2000	175	2,485	27.62	2.73	$11,609
Jan 2000	0	3,005	25.27	2.48	$7,454
Dec 1999	0	2,358	24.28	2.42	$5,715
Nov 1999	181	2,334	23.19	2.43	$9,878
Oct 1999	0	4,041	20.98	2.80	$11,330
Sep 1999	0	1,631	21.75	2.62	$4,271
Aug 1999	167	3,144	19.26	2.88	$12,257
Jul 1999	0	2,935	17.89	2.37	$6,963
Jun 1999	0	3,190	15.94	2.36	$7,535
May 1999	172	2,262	15.79	2.32	$7,966
Apr 1999	1	2,617	15.10	2.21	$5,794
Mar 1999	1	4,722	12.47	1.84	$8,693
Feb 1999	0	2,172	9.98	1.82	$3,948
Jan 1999	0	4,367	10.38	1.90	$8,297
Dec 1998	0	4,784	9.20	1.77	$8,484
Nov 1998	0	5,499	10.89	2.19	$12,019
Oct 1998	0	5,396	12.42	1.97	$10,626
Sep 1998	139	4,622	12.59	2.08	$11,376
Aug 1998	162	4,227	11.30	1.91	$9,893
Jul 1998	0	4,575	11.74	2.24	$10,236
Jun 1998	159	2,458	11.24	2.24	$7,286
May 1998	137	6,390	12.62	2.21	$15,827
Apr 1998	300	6,614	13.04	2.51	$20,482
Mar 1998	273	9,495	12.80	2.31	$25,423
Feb 1998	180	7,068	13.95	2.30	$18,761
Jan 1998	294	13,670	14.70	2.15	$33,778
Dec 1997	534	20,575	16.32	2.41	$58,323
Nov 1997	550	26,349	18.19	3.09	$91,377
Oct 1997	184	7,201	19.25	3.15	$26,224
Sep 1997	0	2,693	17.74	2.95	$7,957
Aug 1997	0	2,878	17.86	2.55	$7,353
Jul 1997	0	2,708	17.58	2.25	$6,085
Jun 1997	0	2,616	17.24	2.26	$5,905
May 1997	0	2,459	18.97	2.31	$5,677
Apr 1997	0	2,652	17.88	2.08	$5,524
Mar 1997	0	2,612	18.95	1.94	$5,065
Feb 1997	0	2,774	20.49	2.21	$6,119
Jan 1997	0	2,598	23.48	3.54	$9,196
Dec 1996	0	2,776	23.32	—	$0
Nov 1996	0	2,659	21.97	—	$0
Oct 1996	1	3,186	23.31	—	$23
Sep 1996	0	2,959	22.22	—	$0
Aug 1996	0	2,844	20.26	—	$0
Jul 1996	0	2,670	19.55	—	$0
Jun 1996	0	2,690	18.73	—	$0
May 1996	1	2,759	19.43	—	$19
Apr 1996	0	2,631	21.51	—	$0
Mar 1996	0	3,519	19.38	—	$0
Feb 1996	0	3,245	16.98	—	$0
Jan 1996	0	3,514	17.07	—	$0
Dec 1995	0	3,178	17.19	—	$0
Nov 1995	0	2,925	16.00	—	$0
Oct 1995	0	3,484	15.43	—	$0
Sep 1995	2	2,780	16.18	—	$32
Aug 1995	0	3,032	15.92	—	$0
Jul 1995	0	3,289	15.24	—	$0
Jun 1995	0	2,889	16.41	—	$0
May 1995	0	3,512	17.56	—	$0
Apr 1995	0	2,740	17.73	—	$0
Mar 1995	0	2,997	16.44	—	$0
Feb 1995	0	2,367	16.58	—	$0
Jan 1995	0	2,797	15.92	—	$0
Dec 1994	0	3,344	15.03	—	$0
Nov 1994	21	3,195	15.90	—	$334
Oct 1994	0	2,859	15.58	—	$0
Sep 1994	0	2,917	15.29	—	$0
Aug 1994	0	4,636	16.13	—	$0
Jul 1994	0	2,978	17.56	—	$0
Jun 1994	0	3,324	17.09	—	$0
May 1994	0	3,137	15.88	—	$0
Apr 1994	0	3,388	14.14	—	$0
Mar 1994	0	3,416	12.46	—	$0
Feb 1994	0	3,092	12.50	—	$0
Jan 1994	0	3,843	12.66	—	$0
Dec 1993	4	3,315	12.33	—	$49
Nov 1993	0	2,023	14.49	—	$0
Oct 1993	0	2,953	15.85	—	$0
Sep 1993	0	2,251	15.03	—	$0
Aug 1993	0	2,800	15.66	—	$0
Jul 1993	0	2,420	15.46	—	$0
Jun 1993	0	2,961	16.79	—	$0
May 1993	0	3,190	17.68	—	$0
Apr 1993	0	2,940	18.05	—	$0
Mar 1993	0	2,538	18.14	—	$0
Feb 1993	0	2,915	17.90	—	$0
Jan 1993	0	3,029	16.93	—	$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 2012 — as filed, then multipliedworked

Condensate             3 bbl  × $ 89.38 =       $268
Gas                    3 Mcf  × $  3.40 =        $10

────────────────────────────────────────────────────
Month total                                     $278

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. 06/G/103893 is the state's own key, not one this site invented.