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 236418District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 Gas112008-10-28186647
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
CondensateDisposition7,580 bbl$594,460
GasProduction551,140 Mcf$2,783,060
Total$3,377,519

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 32.2230, -94.1459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22298, -94.14593 · 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
9,995 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 9,995 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-3653699849,995 ftMay 2008

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 (217)

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

217 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 2022270108.885.08$2,940
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20219069.493.38$625
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201601,02445.352.69$2,750
May 2016853,99742.521.99$11,572
Apr 201601,33236.561.99$2,652
Mar 201601,51233.011.79$2,713
Feb 201601,28726.472.06$2,656
Jan 201601,90027.352.36$4,492
Dec 201501,83732.362.00$3,677
Nov 201501,44638.792.17$3,134
Oct 201502,06143.552.43$5,001
Sep 201502,45942.992.76$6,783
Aug 201503,57240.162.87$10,261
Jul 201534,86648.152.95$14,475
Jun 20150356.152.88$9
May 20151812,36055.212.96$16,968
Apr 201502,33949.822.71$6,331
Mar 201501,95342.892.93$5,731
Feb 201501,93644.662.98$5,762
Jan 201502,90343.433.10$9,001
Dec 201403,84554.693.59$13,809
Nov 201402,24270.464.25$9,533
Oct 201403,46978.303.90$13,532
Sep 20141402,97186.164.05$24,081
Aug 201403,50689.394.04$14,147
Jul 201402,99596.564.18$12,518
Jun 201403,29898.164.74$15,622
May 201402,20794.734.73$10,432
Apr 201402,86395.944.81$13,769
Mar 20141124,15795.895.06$31,761
Feb 201402,11897.406.19$13,115
Jan 201402,31190.404.86$11,233
Dec 201303,03491.824.35$13,211
Nov 201303,40688.853.74$12,733
Oct 201302,33297.423.78$8,813
Sep 201303,744104.113.72$13,919
Aug 201301,645104.253.52$5,795
Jul 201303,859102.523.72$14,347
Jun 20131724,68694.403.93$34,669
May 201302,71994.834.15$11,281
Apr 2013393,72393.964.28$19,609
Mar 201303,82993.623.91$14,982
Feb 20131974,00791.233.42$31,676
Jan 201304,71391.603.42$16,118
Dec 201205,01386.773.42$17,145
Nov 201205,46086.953.62$19,792
Oct 20121741,58689.383.40$20,944
Sep 201204,75194.672.92$13,865
Aug 201205,46992.662.91$15,905
Jul 201204,64485.133.02$14,029
Jun 201204,85479.822.52$12,227
May 201205,55491.612.49$13,820
Apr 20121835,973101.652.00$30,529
Mar 201204,939105.052.22$10,975
Feb 201205,912101.102.57$15,195
Jan 20121816,12598.092.73$34,501
Dec 201106,70396.873.24$21,716
Nov 20111886,61495.723.31$39,896
Oct 201116,93684.983.65$25,391
Sep 201115,60183.623.99$22,408
Aug 20111516,44183.404.15$39,319
Jul 201104,03894.144.52$18,241
Jun 20111634,40892.904.64$35,595
May 201105,35798.134.40$23,597
Apr 20111652,828105.964.33$29,738
Mar 201105,53696.364.06$22,461
Feb 20111804,74685.644.18$35,253
Jan 201105,27186.504.59$24,187
Dec 20101804,71285.734.35$35,918
Nov 20101875,16980.843.80$34,735
Oct 201005,30978.103.51$18,629
Sep 20101604,60972.633.98$29,962
Aug 201015,89673.684.42$26,130
Jul 20101656,70472.554.74$43,724
Jun 201016,44770.364.91$31,728
May 20101947,83071.124.24$46,959
Apr 20101657,46681.694.12$44,259
Mar 20102219,10178.394.39$57,265
Feb 20101956,58373.585.44$50,175
Jan 20101627,75274.365.96$58,280
Dec 200906,97271.445.48$38,233
Nov 2009996,43774.593.75$31,533
Oct 20091527,19172.544.11$40,583
Sep 200917,18865.543.06$22,095
Aug 20091929,08867.423.22$42,194
Jul 20091928,49861.133.46$41,178
Jun 20091869,63966.163.90$49,850
May 200914411,83254.743.93$54,332
Apr 200906,64946.773.59$23,853
Mar 200933014,54042.144.06$72,924
Feb 20092014,22432.814.63$26,165
Jan 200938212,08435.865.37$78,602
Dec 200819915,10837.105.98$97,686
Nov 200818714,89155.496.86$112,534
Oct 200833317,38675.246.92$145,400
Sep 200826115,368101.767.88$147,614
Aug 200819118,099114.228.48$175,350
Jul 200836621,238131.0811.39$289,864
Jun 200818121,390131.3313.03$302,539
May 200804,515123.1711.57$52,258

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.

Mar 2022 — as filed, then multipliedworked
Condensate            27 bbl  × $108.88 =     $2,940
Gas                    0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,940

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/236418 is the state's own key, not one this site invented.