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 (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135302District 06Field 08526500CondensateGasSave Export

Value, all time

$3.2 M

Jan 1993 – Oct 2010

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

214

no gaps in the span

Streams

condensate, gas

The BLACK FORK CREEK (RODESSA) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1987-10-08

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: “ALLOCATION FORMULA EFFECTIVE 12/01/90.”

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	32,687 bbl	$588,241
Gas	Production	2,142,409 Mcf	$2,562,318
Total			$3,150,560

1,332,539 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 U	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	22	0	73.68	4.42	$1,621
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	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	124	45.22	6.31	$783
Jan 2005	32	2,892	43.16	6.32	$19,665
Dec 2004	0	3,045	39.86	6.75	$20,557
Nov 2004	66	2,945	45.28	6.33	$21,632
Oct 2004	0	2,582	49.70	6.52	$16,822
Sep 2004	92	3,307	43.24	5.28	$21,452
Aug 2004	65	3,495	42.37	5.55	$22,154
Jul 2004	0	3,490	38.28	6.08	$21,234
Jun 2004	0	3,383	36.10	6.43	$21,763
May 2004	105	3,421	37.48	6.49	$26,153
Apr 2004	56	2,279	34.47	5.86	$15,282
Mar 2004	0	3,210	34.36	5.53	$17,752
Feb 2004	74	2,927	32.45	5.51	$18,528
Jan 2004	0	3,168	32.03	6.30	$19,957
Dec 2003	39	3,403	30.26	6.30	$22,625
Nov 2003	41	3,291	28.80	4.60	$16,303
Oct 2003	0	3,401	28.17	4.76	$16,188
Sep 2003	35	3,302	26.31	4.75	$16,603
Aug 2003	36	3,512	29.76	5.13	$19,087
Jul 2003	0	3,419	29.41	5.17	$17,679
Jun 2003	33	3,094	28.56	5.98	$19,454
May 2003	27	2,079	26.59	5.97	$13,135
Apr 2003	26	1,204	26.67	5.41	$7,204
Mar 2003	0	1,960	31.14	6.10	$11,948
Feb 2003	42	3,340	33.48	7.93	$27,879
Jan 2003	42	3,908	30.31	5.58	$23,088
Dec 2002	40	3,231	26.91	4.85	$16,759
Nov 2002	40	3,377	24.66	4.14	$14,957
Oct 2002	41	3,791	26.46	4.23	$17,117
Sep 2002	48	3,693	27.44	3.64	$14,742
Aug 2002	0	3,817	25.96	3.16	$12,078
Jul 2002	107	3,359	24.58	3.06	$12,915
Jun 2002	53	3,607	23.73	3.34	$13,299
May 2002	31	3,372	24.66	3.58	$12,850
Apr 2002	29	3,435	23.65	3.51	$12,751
Mar 2002	54	3,689	22.00	3.10	$12,634
Feb 2002	62	3,110	18.22	2.38	$8,518
Jan 2002	9	3,445	17.17	2.38	$8,339
Dec 2001	37	2,930	16.93	2.36	$7,554
Nov 2001	46	3,296	18.07	2.41	$8,760
Oct 2001	156	9,547	19.78	2.53	$27,229
Sep 2001	41	2,880	24.26	2.25	$7,478
Aug 2001	1	4,419	24.87	3.05	$13,517
Jul 2001	54	4,354	23.93	3.20	$15,212
Jun 2001	52	4,056	24.56	3.82	$16,788
May 2001	54	3,471	25.52	4.31	$16,329
Apr 2001	63	5,604	24.68	5.34	$31,454
Mar 2001	136	6,025	24.54	5.38	$35,730
Feb 2001	86	8,302	27.75	5.77	$50,265
Jan 2001	152	7,186	27.47	8.40	$64,529
Dec 2000	69	4,998	26.88	9.12	$47,449
Nov 2000	163	7,981	32.21	5.66	$50,407
Oct 2000	162	9,011	31.23	5.15	$51,425
Sep 2000	82	9,294	31.87	5.19	$50,817
Aug 2000	173	10,304	29.64	4.54	$51,916
Jul 2000	80	9,585	28.53	4.09	$41,483
Jun 2000	237	9,684	29.30	4.40	$49,527
May 2000	164	12,054	27.26	3.68	$48,826
Apr 2000	178	11,816	24.51	3.12	$41,181
Mar 2000	162	11,471	28.42	2.86	$37,408
Feb 2000	181	10,385	27.62	2.73	$33,314
Jan 2000	184	12,235	25.27	2.48	$34,999
Dec 1999	176	12,482	24.28	2.42	$34,526
Nov 1999	183	12,397	23.19	2.43	$34,418
Oct 1999	180	13,064	20.98	2.80	$40,404
Sep 1999	177	12,813	21.75	2.62	$37,405
Aug 1999	171	13,006	19.26	2.88	$40,694
Jul 1999	301	13,789	17.89	2.37	$38,098
Jun 1999	167	11,166	15.94	2.36	$29,037
May 1999	184	9,942	15.79	2.32	$25,981
Apr 1999	177	12,442	15.10	2.21	$30,145
Mar 1999	169	10,617	12.47	1.84	$21,625
Feb 1999	277	11,282	9.98	1.82	$23,273
Jan 1999	162	8,905	10.38	1.90	$18,601
Dec 1998	207	13,593	9.20	1.77	$26,009
Nov 1998	178	12,420	10.89	2.19	$29,085
Oct 1998	210	13,252	12.42	1.97	$28,704
Sep 1998	185	14,447	12.59	2.08	$32,417
Aug 1998	190	15,139	11.30	1.91	$31,022
Jul 1998	182	15,072	11.74	2.24	$35,857
Jun 1998	181	14,876	11.24	2.24	$35,316
May 1998	180	15,461	12.62	2.21	$36,384
Apr 1998	254	14,988	13.04	2.51	$40,862
Mar 1998	75	9,750	12.80	2.31	$23,477
Feb 1998	355	15,102	13.95	2.30	$39,674
Jan 1998	199	16,508	14.70	2.15	$38,497
Dec 1997	198	16,050	16.32	2.41	$41,930
Nov 1997	209	16,456	18.19	3.09	$54,622
Oct 1997	180	17,399	19.25	3.15	$58,269
Sep 1997	175	16,764	17.74	2.95	$52,640
Aug 1997	220	20,419	17.86	2.55	$56,094
Jul 1997	234	18,949	17.58	2.25	$46,691
Jun 1997	222	18,018	17.24	2.26	$44,498
May 1997	317	17,089	18.97	2.31	$45,463
Apr 1997	357	17,591	17.88	2.08	$43,021
Mar 1997	234	14,520	18.95	1.94	$32,591
Feb 1997	346	10,278	20.49	2.21	$29,762
Jan 1997	233	14,829	23.48	3.54	$57,961
Dec 1996	231	16,937	23.32	—	$5,387
Nov 1996	127	19,434	21.97	—	$2,790
Oct 1996	96	25,003	23.31	—	$2,238
Sep 1996	97	23,140	22.22	—	$2,155
Aug 1996	183	20,388	20.26	—	$3,708
Jul 1996	217	20,126	19.55	—	$4,242
Jun 1996	230	20,850	18.73	—	$4,308
May 1996	248	20,745	19.43	—	$4,819
Apr 1996	233	17,633	21.51	—	$5,012
Mar 1996	274	17,640	19.38	—	$5,310
Feb 1996	217	14,505	16.98	—	$3,685
Jan 1996	265	16,530	17.07	—	$4,524
Dec 1995	316	16,286	17.19	—	$5,432
Nov 1995	290	17,514	16.00	—	$4,640
Oct 1995	263	16,536	15.43	—	$4,058
Sep 1995	316	15,637	16.18	—	$5,113
Aug 1995	313	15,308	15.92	—	$4,983
Jul 1995	286	17,400	15.24	—	$4,359
Jun 1995	303	17,020	16.41	—	$4,972
May 1995	353	16,803	17.56	—	$6,199
Apr 1995	311	18,616	17.73	—	$5,514
Mar 1995	397	20,024	16.44	—	$6,527
Feb 1995	324	14,023	16.58	—	$5,372
Jan 1995	460	19,904	15.92	—	$7,323
Dec 1994	440	20,776	15.03	—	$6,613
Nov 1994	351	20,207	15.90	—	$5,581
Oct 1994	378	22,243	15.58	—	$5,889
Sep 1994	333	14,013	15.29	—	$5,092
Aug 1994	263	27,229	16.13	—	$4,242
Jul 1994	507	28,442	17.56	—	$8,903
Jun 1994	243	25,820	17.09	—	$4,153
May 1994	493	41,146	15.88	—	$7,829
Apr 1994	294	25,645	14.14	—	$4,157
Mar 1994	524	32,127	12.46	—	$6,529
Feb 1994	404	29,438	12.50	—	$5,050
Jan 1994	479	36,096	12.66	—	$6,064
Dec 1993	549	36,879	12.33	—	$6,769
Nov 1993	522	38,066	14.49	—	$7,564
Oct 1993	441	31,389	15.85	—	$6,990
Sep 1993	626	40,403	15.03	—	$9,409
Aug 1993	575	45,554	15.66	—	$9,005
Jul 1993	431	43,792	15.46	—	$6,663
Jun 1993	1,024	48,532	16.79	—	$17,193
May 1993	1,336	52,887	17.68	—	$23,620
Apr 1993	758	56,329	18.05	—	$13,682
Mar 1993	1,394	61,011	18.14	—	$25,287
Feb 1993	1,110	54,918	17.90	—	$19,869
Jan 1993	1,157	61,595	16.93	—	$19,588

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            22 bbl  × $ 73.68 =     $1,621
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,621

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/135302 is the state's own key, not one this site invented.