CARTER, OLA EST.

Operated by CRATON OPERATING LLC (P-5 186717) 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 229460District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-02-01180431
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
CondensateDisposition3,198 bbl$267,454
GasProduction558,831 Mcf$2,902,166
Total$3,169,619

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 32.2251, -94.1529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22515, -94.15289 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,040 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
00.0%
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.
1100.0%

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 10,040 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-36536513310,040 ftJul 2007

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 (227)

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

227 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202101,22777.435.24$6,426
Oct 202103,72179.795.71$21,261
Sep 202103,74669.865.35$20,045
Aug 202104,19466.024.22$17,701
Jul 202104,28170.783.98$17,047
Jun 20211374,86269.493.38$25,957
May 202103,59163.483.02$10,836
Apr 202102,64260.362.76$7,288
Mar 2021092161.302.72$2,502
Feb 2021014057.805.55$777
Jan 202103050.412.81$84
Dec 2020013744.642.68$367
Nov 2020019538.772.71$528
Oct 2020025836.972.48$639
Sep 2020014937.091.99$297
Aug 202009639.982.39$229
Jul 2020063238.371.83$1,153
Jun 2020068534.901.69$1,158
May 2020090716.921.81$1,646
Apr 2020084314.751.80$1,521
Mar 202006530.341.86$121
Feb 2020044949.881.98$889
Jan 2020077557.252.09$1,623
Dec 201901,11259.012.30$2,562
Nov 201901,08755.302.75$2,990
Oct 201901,25453.472.42$3,033
Sep 201901,10055.052.66$2,923
Aug 2019070253.112.30$1,618
Jul 2019070256.272.46$1,727
Jun 2019060052.782.49$1,495
May 2019036558.482.74$1,000
Apr 2019046062.632.75$1,265
Mar 2019031456.803.06$962
Feb 2019038850.852.79$1,083
Jan 201901,06246.033.23$3,428
Dec 201801,19646.594.19$5,006
Nov 201801,27252.934.24$5,390
Oct 201801,24361.443.40$4,224
Sep 2018097859.543.11$3,040
Aug 201801,11859.403.07$3,428
Jul 201801,10865.142.93$3,249
Jun 2018054660.183.08$1,680
May 2018056465.382.90$1,636
Apr 2018043963.842.90$1,273
Mar 2018046061.222.79$1,282
Feb 2018031361.782.77$866
Jan 201801,04662.874.01$4,194
Dec 201701,92157.272.92$5,612
Nov 201702,26655.423.12$7,066
Oct 201701,33149.292.98$3,971
Sep 201702,32347.523.09$7,172
Aug 201702,19845.373.00$6,604
Jul 201702,38943.873.09$7,376
Jun 201701,56542.493.09$4,832
May 201702,46145.373.26$8,031
Apr 201701,94447.933.21$6,243
Mar 201702,72546.772.98$8,131
Feb 201702,27750.452.95$6,723
Jan 201702,05049.413.42$7,009
Dec 201602,82748.763.72$10,524
Nov 201602,55842.492.64$6,764
Oct 201602,36246.193.09$7,299
Sep 201602,55641.553.10$7,925
Aug 201602,60641.442.92$7,621
Jul 201602,90041.622.92$8,481
Jun 201602,22145.352.69$5,965
May 20161302,53342.521.99$10,571
Apr 201602,91536.561.99$5,804
Mar 201603,17433.011.79$5,694
Feb 201602,24826.472.06$4,639
Jan 201602,97327.352.36$7,029
Dec 201502,78232.362.00$5,568
Nov 201501,93338.792.17$4,189
Oct 2015048543.552.43$1,177
Sep 2015025242.992.76$695
Aug 2015032440.162.87$931
Jul 2015853448.152.95$1,958
Jun 20150356.152.88$9
May 201501,61955.212.96$4,785
Apr 201502,77349.822.71$7,505
Mar 201502,70142.892.93$7,927
Feb 201501,92144.662.98$5,717
Jan 201502,27043.433.10$7,038
Dec 201402,87654.693.59$10,329
Nov 201402,87170.464.25$12,207
Oct 201403,11278.303.90$12,140
Sep 201402,72286.164.05$11,012
Aug 201402,76189.394.04$11,141
Jul 201413,39296.564.18$14,274
Jun 201403,03498.164.74$14,372
May 201403,10094.734.73$14,652
Apr 2014034095.944.81$1,635
Mar 201414315495.895.06$14,491
Feb 2014042397.406.19$2,619
Jan 201402,18590.404.86$10,621
Dec 201303,29691.824.35$14,352
Nov 201303,22588.853.74$12,056
Oct 201303,57097.423.78$13,492
Sep 201303,843104.113.72$14,287
Aug 201302,905104.253.52$10,233
Jul 201303,471102.523.72$12,904
Jun 201304,25394.403.93$16,729
May 201303,86894.834.15$16,049
Apr 20131353,19693.964.28$26,372
Mar 201303,24693.623.91$12,701
Feb 201303,23691.233.42$11,067
Jan 201302,35691.603.42$8,057
Dec 201201,42086.773.42$4,857
Nov 201203,32586.953.62$12,053
Oct 2012033289.383.40$1,129
Sep 2012092794.672.92$2,705
Aug 2012012092.662.91$349
Jul 2012021185.133.02$637
Jun 201201,97579.822.52$4,975
May 2012922,79291.612.49$15,376
Apr 201203,485101.652.00$6,959
Mar 201203,258105.052.22$7,240
Feb 201204,328101.102.57$11,124
Jan 201223,96698.092.73$11,040
Dec 201124,10696.873.24$13,496
Nov 2011733,46795.723.31$18,468
Oct 201114,26784.983.65$15,653
Sep 201103,17483.623.99$12,651
Aug 201104,02183.404.15$16,684
Jul 201102,04594.144.52$9,238
Jun 2011763,13292.904.64$21,593
May 201103,96298.134.40$17,452
Apr 201101,598105.964.33$6,925
Mar 201102,43596.364.06$9,880
Feb 2011862,24085.644.18$16,728
Jan 201103,04586.504.59$13,973
Dec 201002,80985.734.35$12,213
Nov 20101003,08480.843.80$19,789
Oct 201003,93778.103.51$13,815
Sep 201003,50872.633.98$13,960
Aug 201003,60973.684.42$15,949
Jul 201003,70272.554.74$17,534
Jun 2010993,87270.364.91$25,979
May 201004,11771.124.24$17,436
Apr 201003,57981.694.12$14,755
Mar 20101274,44178.394.39$29,446
Feb 201004,90673.585.44$26,700
Jan 201001,33374.365.96$7,950
Dec 2009083171.445.48$4,557
Nov 20091274,43474.593.75$26,107
Oct 200905,17872.544.11$21,283
Sep 20091635,31065.543.06$26,957
Aug 200906,80267.423.22$21,892
Jul 200916,18261.133.46$21,479
Jun 20092086,97966.163.90$40,944
May 200908,27554.743.93$32,486
Apr 200904,76546.773.59$17,094
Mar 20091236,83842.144.06$32,939
Feb 200902,57632.814.63$11,935
Jan 20091358,16535.865.37$48,695
Dec 200807,93537.105.98$47,429
Nov 20081858,00855.496.86$65,203
Oct 200808,43075.246.92$58,352
Sep 200807,755101.767.88$61,087
Aug 20081159,234114.228.48$91,468
Jul 2008010,303131.0811.39$117,345
Jun 200826110,021131.3313.03$164,877
May 200818310,823123.1711.57$147,809
Apr 200828,987110.3110.45$94,178
Mar 200821210,031101.909.66$118,543
Feb 2008010,19392.538.77$89,399
Jan 200825410,18590.388.21$106,532
Dec 2007011,08288.337.30$80,920
Nov 2007011,37791.677.29$82,958
Oct 2007011,31082.856.92$78,288
Sep 2007011,92775.846.24$74,474
Aug 2007015,94869.066.39$101,875
Jul 20071716,08970.906.39$103,981

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.

Nov 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 77.43 =         $0
Gas                1,227 Mcf  × $  5.24 =     $6,426

────────────────────────────────────────────────────
Month total                                   $6,426

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/229460 is the state's own key, not one this site invented.