CARTER

Operated by AC EXPLORATION, LLC (P-5 3645) in the PINEHILL, SE (PETTIT, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14098District 06Field 71599400OilCasinghead gasSaveExport
Value, all time
$544 k
Jul 2001 – Jul 2017
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
oil, casinghead 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1980-05-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1982-09-20.

The Commission's schedule remark for this field reads: PERMANENT 5-21-84 PER DOCKET #6-82138.

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
OilDisposition4,841 bbl$294,355
Casinghead gasProduction47,502 Mcf$250,107
Total$544,462

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 32.0513, -94.5573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05125, -94.55732 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,400 ft
1 wells filed one
Completion to plug
15.8 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 7,400 ft.

Completions filed
Jul 2001
1 of 1 wells
Plug dates filed
Apr 2017
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653450917,400 ftJul 2001Apr 2017Yes

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 (193)

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

193 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201748046.772.98$2,245
Feb 201703950.452.95$115
Jan 20171627649.413.42$8,264
Dec 201607148.763.72$264
Nov 201605542.492.64$145
Oct 201604346.193.09$133
Sep 201608641.553.10$267
Aug 201609741.442.92$284
Jul 2016013141.622.92$383
Jun 2016013945.352.69$373
May 2016010142.521.99$201
Apr 2016011336.561.99$225
Mar 2016012433.011.79$222
Feb 2016177226.472.06$4,689
Jan 2016021227.352.36$501
Dec 2015017732.362.00$354
Nov 2015017338.792.17$375
Oct 2015010243.552.43$248
Sep 201501542.992.76$41
Aug 20150640.162.87$17
Jul 201507648.152.95$224
Jun 201502056.152.88$58
May 20150155.212.96$3
Apr 20150849.822.71$22
Mar 20151556842.892.93$6,848
Feb 2015013144.662.98$390
Jan 2015013543.433.10$419
Dec 2014015554.693.59$557
Nov 201404370.464.25$183
Oct 201404878.303.90$187
Sep 201409686.164.05$388
Aug 201407489.394.04$299
Jul 20141489896.564.18$14,700
Jun 201406698.164.74$313
May 201408494.734.73$397
Apr 2014015595.944.81$745
Mar 2014012495.895.06$627
Feb 20141637597.406.19$16,341
Jan 2014013290.404.86$642
Dec 2013014691.824.35$636
Nov 201308288.853.74$307
Oct 201307697.423.78$287
Sep 2013082104.113.72$305
Aug 2013094104.253.52$331
Jul 2013086102.523.72$320
Jun 20131529594.403.93$14,722
May 2013011194.834.15$461
Apr 2013019293.964.28$822
Mar 201302393.623.91$90
Feb 2013010791.233.42$366
Jan 2013010691.603.42$363
Dec 2012015486.773.42$527
Nov 2012012786.953.62$460
Oct 2012014989.383.40$507
Sep 201214012094.672.92$13,604
Aug 2012010492.662.91$302
Jul 2012012585.133.02$378
Jun 2012013879.822.52$348
May 2012015791.612.49$391
Apr 20120124101.652.00$248
Mar 2012170122105.052.22$18,130
Feb 20120185101.102.57$475
Jan 201201698.092.73$44
Dec 2011014796.873.24$476
Nov 2011010895.723.31$358
Oct 2011013184.983.65$478
Sep 2011012483.623.99$494
Aug 201117111983.404.15$14,755
Jul 2011012994.144.52$583
Jun 2011010592.904.64$487
May 201108798.134.40$383
Apr 20110175105.964.33$758
Mar 201108296.364.06$333
Feb 20111659785.644.18$14,536
Jan 2011012186.504.59$555
Dec 2010016685.734.35$722
Nov 2010014780.843.80$558
Oct 2010020378.103.51$712
Sep 2010021072.633.98$836
Aug 201016922773.684.42$13,455
Jul 2010022472.554.74$1,061
Jun 2010016570.364.91$810
May 2010018071.124.24$762
Apr 201010515981.694.12$9,233
Mar 2010012978.394.39$566
Feb 2010021573.585.44$1,170
Jan 201009674.365.96$573
Dec 20090471.445.48$22
Nov 200905774.593.75$214
Oct 2009015972.544.11$654
Sep 2009013665.543.06$417
Aug 200917712367.423.22$12,329
Jul 2009014961.133.46$516
Jun 2009017266.163.90$670
May 2009012054.743.93$471
Apr 200903046.773.59$108
Mar 2009159042.144.06$6,700
Feb 20090032.814.63$0
Jan 2009040535.865.37$2,175
Dec 2008048637.105.98$2,905
Nov 2008036955.496.86$2,531
Oct 2008041575.246.92$2,873
Sep 20080214101.767.88$1,686
Aug 20080231114.228.48$1,960
Jul 20080231131.0811.39$2,631
Jun 2008193169131.3313.03$27,549
May 20080190123.1711.57$2,199
Apr 20080123110.3110.45$1,286
Mar 2008088101.909.66$850
Feb 2008027292.538.77$2,386
Jan 2008027690.388.21$2,265
Dec 2007026188.337.30$1,906
Nov 2007023091.677.29$1,677
Oct 200716918882.856.92$15,303
Sep 2007024775.846.24$1,542
Aug 2007028269.066.39$1,801
Jul 2007022670.906.39$1,444
Jun 2007017062.007.55$1,283
May 200718915558.747.85$12,318
Apr 20070159.617.81$8
Mar 2007021656.927.30$1,577
Feb 200708555.108.22$698
Jan 2007026050.306.73$1,749
Dec 2006033356.656.92$2,304
Nov 200618923054.207.62$11,996
Oct 2006024954.906.01$1,497
Sep 2006032260.085.04$1,622
Aug 2006028668.717.34$2,099
Jul 2006037469.376.34$2,372
Jun 2006025666.286.38$1,634
May 2006034566.016.42$2,217
Apr 2006037064.397.36$2,723
Mar 200618236356.707.08$12,891
Feb 2006044357.597.75$3,434
Jan 2006048760.598.93$4,351
Dec 2005037654.9413.42$5,044
Nov 2005016854.6910.59$1,779
Oct 2005031258.3413.80$4,304
Sep 2005053561.4512.08$6,462
Aug 200518474061.519.80$18,568
Jul 2005066855.697.84$5,240
Jun 2005052252.337.38$3,853
May 2005065745.226.65$4,370
Apr 200519858049.207.36$14,011
Mar 2005063850.377.15$4,565
Feb 2005054445.226.31$3,434
Jan 2005063543.166.32$4,015
Dec 2004039139.866.75$2,640
Nov 2004044545.286.33$2,817
Oct 200419331349.706.52$11,631
Sep 2004011643.245.28$613
Aug 2004010442.375.55$577
Jul 2004028338.286.08$1,722
Jun 2004024936.106.43$1,602
May 200419252937.486.49$10,632
Apr 2004020634.475.86$1,207
Mar 2004016134.365.53$890
Feb 2004014832.455.51$815
Jan 200404232.036.30$265
Dec 20030730.266.30$44
Nov 2003075728.804.60$3,479
Oct 2003094728.174.76$4,507
Sep 2003099126.314.75$4,707
Aug 200309729.765.13$498
Jul 2003011429.415.17$589
Jun 2003020428.565.98$1,221
May 2003024226.595.97$1,445
Apr 200319434726.675.41$7,050
Mar 2003013731.146.10$835
Feb 2003054933.487.93$4,351
Jan 2003052930.315.58$2,953
Dec 2002033326.914.85$1,616
Nov 200216151924.664.14$6,117
Oct 2002032726.464.23$1,383
Sep 2002033727.443.64$1,225
Aug 2002044625.963.16$1,411
Jul 200208724.583.06$266
Jun 2002046023.733.34$1,536
May 200220768224.663.58$7,549
Apr 2002295323.653.51$3,395
Mar 2002088922.003.10$2,758
Feb 200215680518.222.38$4,755
Jan 2002058917.172.38$1,399
Dec 2001025116.932.36$593
Nov 200117170018.072.41$4,774
Oct 200101,10719.782.53$2,799
Sep 200101,08724.262.25$2,447
Aug 200101,61724.873.05$4,937
Jul 200101,61423.933.20$5,160

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 2017 — as filed, then multipliedworked
Oil                   48 bbl  × $ 46.77 =     $2,245
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,245

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/O/14098 is the state's own key, not one this site invented.