CARTER ESTATE

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

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the BLACK FORK CREEK (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135301District 06Field 085266002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.2 M

Jan 1993 – Oct 2010

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

214

no gaps in the span

Streams

condensate, gas

The BLACK FORK CREEK (TRAVIS PEAK) 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1987-10-08

as the register files it

Field class

Oil and 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: “QUESTIONNAIRE.”

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	1993-09-03	126814
NGPA	1	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	45,219 bbl	$835,041
Gas	Production	2,840,502 Mcf	$3,414,486
Total			$4,249,527

1,843,728 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 32.3928, -95.4332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39277, -95.43317 · 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

11,698 ft

1 wells filed one

Completion to plug

20.4 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 11,698 ft.

Completions filed

Feb 1990

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 20.4 years across the 1 well that filed both dates, with the middle half between 20.4 years and 20.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42331210	1 L	11,698 ft	Feb 1990	Jul 2010	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 (214)

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

214 months


Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	101	0	73.68	4.42	$7,442
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	150	52.33	7.38	$1,107
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	9	50.37	7.15	$64
Feb 2005	0	79	45.22	6.31	$499
Jan 2005	149	1,499	43.16	6.32	$15,908
Dec 2004	0	5,834	39.86	6.75	$39,386
Nov 2004	114	7,160	45.28	6.33	$50,488
Oct 2004	0	6,200	49.70	6.52	$40,394
Sep 2004	91	7,474	43.24	5.28	$43,427
Aug 2004	121	6,407	42.37	5.55	$40,690
Jul 2004	0	4,438	38.28	6.08	$27,002
Jun 2004	0	445	36.10	6.43	$2,863
May 2004	251	3,710	37.48	6.49	$33,502
Apr 2004	132	3,106	34.47	5.86	$22,746
Mar 2004	0	4,767	34.36	5.53	$26,362
Feb 2004	111	3,311	32.45	5.51	$21,844
Jan 2004	0	936	32.03	6.30	$5,896
Dec 2003	147	2,530	30.26	6.30	$20,391
Nov 2003	149	8,025	28.80	4.60	$41,167
Oct 2003	0	7,381	28.17	4.76	$35,131
Sep 2003	149	6,994	26.31	4.75	$37,137
Aug 2003	152	7,119	29.76	5.13	$41,042
Jul 2003	0	8,127	29.41	5.17	$42,023
Jun 2003	148	6,261	28.56	5.98	$41,686
May 2003	152	8,318	26.59	5.97	$53,722
Apr 2003	162	7,666	26.67	5.41	$45,773
Mar 2003	0	9,134	31.14	6.10	$55,681
Feb 2003	145	7,811	33.48	7.93	$66,764
Jan 2003	150	4,859	30.31	5.58	$31,670
Dec 2002	142	6,279	26.91	4.85	$34,298
Nov 2002	143	5,990	24.66	4.14	$28,307
Oct 2002	147	8,395	26.46	4.23	$39,393
Sep 2002	125	9,222	27.44	3.64	$36,954
Aug 2002	0	8,540	25.96	3.16	$27,022
Jul 2002	76	7,679	24.58	3.06	$25,379
Jun 2002	133	8,653	23.73	3.34	$32,042
May 2002	159	9,328	24.66	3.58	$37,352
Apr 2002	151	9,542	23.65	3.51	$37,086
Mar 2002	133	9,277	22.00	3.10	$31,710
Feb 2002	164	9,207	18.22	2.38	$24,861
Jan 2002	175	10,712	17.17	2.38	$28,453
Dec 2001	150	10,224	16.93	2.36	$26,713
Nov 2001	139	10,231	18.07	2.41	$27,123
Oct 2001	33	3,218	19.78	2.53	$8,791
Sep 2001	146	10,511	24.26	2.25	$27,206
Aug 2001	0	11,582	24.87	3.05	$35,362
Jul 2001	134	11,408	23.93	3.20	$39,679
Jun 2001	136	10,950	24.56	3.82	$45,215
May 2001	138	9,862	25.52	4.31	$46,001
Apr 2001	120	10,969	24.68	5.34	$61,485
Mar 2001	244	10,923	24.54	5.38	$64,715
Feb 2001	108	10,687	27.75	5.77	$64,630
Jan 2001	230	10,899	27.47	8.40	$97,856
Dec 2000	96	7,036	26.88	9.12	$66,766
Nov 2000	201	10,813	32.21	5.66	$67,654
Oct 2000	201	11,315	31.23	5.15	$64,499
Sep 2000	99	11,234	31.87	5.19	$61,420
Aug 2000	203	12,165	29.64	4.54	$61,255
Jul 2000	107	13,078	28.53	4.09	$56,538
Jun 2000	305	12,478	29.30	4.40	$63,805
May 2000	205	12,849	27.26	3.68	$52,869
Apr 2000	193	12,080	24.51	3.12	$42,372
Mar 2000	183	12,982	28.42	2.86	$42,326
Feb 2000	187	12,010	27.62	2.73	$37,910
Jan 2000	192	12,840	25.27	2.48	$36,701
Dec 1999	189	13,575	24.28	2.42	$37,491
Nov 1999	199	13,559	23.19	2.43	$37,617
Oct 1999	192	13,961	20.98	2.80	$43,171
Sep 1999	191	13,904	21.75	2.62	$40,567
Aug 1999	196	14,420	19.26	2.88	$45,241
Jul 1999	246	14,921	17.89	2.37	$39,799
Jun 1999	196	13,296	15.94	2.36	$34,531
May 1999	191	14,796	15.79	2.32	$37,358
Apr 1999	209	14,312	15.10	2.21	$34,758
Mar 1999	210	12,987	12.47	1.84	$26,493
Feb 1999	273	13,401	9.98	1.82	$27,085
Jan 1999	186	13,256	10.38	1.90	$27,116
Dec 1998	154	12,348	9.20	1.77	$23,314
Nov 1998	205	13,112	10.89	2.19	$30,892
Oct 1998	158	10,366	12.42	1.97	$22,375
Sep 1998	142	11,441	12.59	2.08	$25,615
Aug 1998	160	9,647	11.30	1.91	$20,208
Jul 1998	185	15,581	11.74	2.24	$37,031
Jun 1998	176	14,524	11.24	2.24	$34,472
May 1998	192	16,540	12.62	2.21	$38,916
Apr 1998	287	16,839	13.04	2.51	$45,930
Mar 1998	110	17,655	12.80	2.31	$42,181
Feb 1998	201	14,108	13.95	2.30	$35,240
Jan 1998	175	13,557	14.70	2.15	$31,785
Dec 1997	175	13,483	16.32	2.41	$35,365
Nov 1997	355	15,182	18.19	3.09	$53,343
Oct 1997	190	12,012	19.25	3.15	$41,493
Sep 1997	202	10,753	17.74	2.95	$35,357
Aug 1997	165	12,515	17.86	2.55	$34,919
Jul 1997	138	11,142	17.58	2.25	$27,461
Jun 1997	157	11,689	17.24	2.26	$29,091
May 1997	243	14,891	18.97	2.31	$38,986
Apr 1997	241	15,122	17.88	2.08	$35,805
Mar 1997	155	12,770	18.95	1.94	$27,700
Feb 1997	224	14,375	20.49	2.21	$36,300
Jan 1997	146	15,816	23.48	3.54	$59,412
Dec 1996	318	14,249	23.32	—	$7,416
Nov 1996	441	24,550	21.97	—	$9,689
Oct 1996	461	30,593	23.31	—	$10,746
Sep 1996	273	20,858	22.22	—	$6,066
Aug 1996	361	22,931	20.26	—	$7,314
Jul 1996	326	26,258	19.55	—	$6,373
Jun 1996	325	25,425	18.73	—	$6,087
May 1996	323	24,950	19.43	—	$6,276
Apr 1996	351	22,060	21.51	—	$7,550
Mar 1996	498	31,684	19.38	—	$9,651
Feb 1996	347	26,387	16.98	—	$5,892
Jan 1996	498	32,942	17.07	—	$8,501
Dec 1995	444	26,063	17.19	—	$7,632
Nov 1995	470	32,574	16.00	—	$7,520
Oct 1995	467	35,639	15.43	—	$7,206
Sep 1995	429	27,794	16.18	—	$6,941
Aug 1995	408	27,912	15.92	—	$6,495
Jul 1995	450	31,474	15.24	—	$6,858
Jun 1995	481	29,416	16.41	—	$7,893
May 1995	575	30,192	17.56	—	$10,097
Apr 1995	395	29,247	17.73	—	$7,003
Mar 1995	503	29,001	16.44	—	$8,269
Feb 1995	607	30,063	16.58	—	$10,064
Jan 1995	639	35,944	15.92	—	$10,173
Dec 1994	659	36,920	15.03	—	$9,905
Nov 1994	575	34,130	15.90	—	$9,143
Oct 1994	716	35,064	15.58	—	$11,155
Sep 1994	756	26,902	15.29	—	$11,559
Aug 1994	456	41,948	16.13	—	$7,355
Jul 1994	936	42,874	17.56	—	$16,436
Jun 1994	480	41,659	17.09	—	$8,203
May 1994	960	59,832	15.88	—	$15,245
Apr 1994	624	46,497	14.14	—	$8,823
Mar 1994	937	45,791	12.46	—	$11,675
Feb 1994	698	40,079	12.50	—	$8,725
Jan 1994	814	47,859	12.66	—	$10,305
Dec 1993	922	47,506	12.33	—	$11,368
Nov 1993	941	48,250	14.49	—	$13,635
Oct 1993	1,010	50,842	15.85	—	$16,009
Sep 1993	1,182	51,532	15.03	—	$17,765
Aug 1993	1,142	53,345	15.66	—	$17,884
Jul 1993	845	55,932	15.46	—	$13,064
Jun 1993	936	56,185	16.79	—	$15,715
May 1993	482	61,894	17.68	—	$8,522
Apr 1993	1,061	62,674	18.05	—	$19,151
Mar 1993	982	64,349	18.14	—	$17,813
Feb 1993	907	58,376	17.90	—	$16,235
Jan 1993	1,072	65,082	16.93	—	$18,149

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 2010 — as filed, then multipliedworked

Condensate           101 bbl  × $ 73.68 =     $7,442
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $7,442

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/135301 is the state's own key, not one this site invented.