CARTER, M.K. TRUST NCT-2

Operated by OLSEN ENERGY INC. (P-5 621750) in the EDWARDS -04- (BEND, S.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27854District 08Field 27775166OilCasinghead gasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
401
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 7 leases and 11 wells, and the rule below applies to all of them.

Discovered
1966-09-24
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: TOP ALLOW-229 BBL. WHEN DISCOVERY TERMINATE

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
OilDisposition47,653 bbl$2,121,649
Casinghead gasProduction42,953 Mcf$132,740
Total$2,254,389

11,578 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 (2)

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 31.6077, -102.4149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.60766, -102.41491 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,457 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 9,078 and 11,836 ft, median 10,457 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1966 – Jan 1967
2 of 2 wells

2 wells

42-1031100429,078 ftJan 1967
42-10310913111,836 ftJul 1966Yes

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 (401)

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

401 months

May 2026960106.413.05$10,215
Apr 20260098.932.87$0
Mar 202692089.753.15$8,257
Feb 20260063.503.75$0
Jan 202694059.138.00$5,558
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202591059.383.30$5,404
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202591066.743.32$6,073
Jun 20250066.483.13$0
May 202590060.553.23$5,450
Apr 202589062.363.54$5,550
Mar 202592067.704.27$6,228
Feb 20250070.884.34$0
Jan 202592074.324.28$6,837
Dec 2024010168.993.12$315
Nov 20249317669.052.20$6,809
Oct 20249410371.372.28$6,944
Sep 202405869.612.36$137
Aug 202418116475.632.06$14,027
Jul 2024013679.932.15$292
Jun 2024018278.082.63$479
May 202415418678.812.20$12,546
Apr 202414714284.451.66$12,650
Mar 202444626880.301.55$36,228
Feb 2024011376.091.78$202
Jan 2024015373.023.30$505
Dec 20231443171.262.61$10,342
Nov 2023012277.892.81$343
Oct 2023010185.443.09$312
Sep 2023879489.042.74$8,004
Aug 20231859380.522.67$15,145
Jul 2023011174.852.64$293
Jun 202308468.962.26$190
May 202304470.622.23$98
Apr 202307778.122.24$172
Mar 20230072.852.39$0
Feb 2023179075.112.47$13,445
Jan 20230076.533.39$0
Dec 202293076.415.73$7,106
Nov 2022186085.005.65$15,810
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202292094.529.13$8,696
Jul 20221700101.587.54$17,269
Jun 202200115.097.98$0
May 2022620109.378.43$6,781
Apr 2022950104.226.84$9,901
Mar 20221060108.885.08$11,541
Feb 2022184091.054.86$16,753
Jan 202287081.844.54$7,120
Dec 20210071.323.90$0
Nov 2021180077.435.24$13,937
Oct 202185079.795.71$6,782
Sep 202187069.865.35$6,078
Aug 202191066.024.22$6,008
Jul 2021176070.783.98$12,457
Jun 20210069.493.38$0
May 2021165063.483.02$10,474
Apr 2021218060.362.76$13,158
Mar 2021275061.302.72$16,858
Feb 20210057.805.55$0
Jan 2021202050.412.81$10,183
Dec 202087044.642.68$3,884
Nov 202085038.772.71$3,295
Oct 20200036.972.48$0
Sep 202078037.091.99$2,893
Aug 202088039.982.39$3,518
Jul 202094038.371.83$3,607
Jun 20200034.901.69$0
May 202078016.921.81$1,320
Apr 20200014.751.80$0
Mar 2020150030.341.86$4,551
Feb 202091049.881.98$4,539
Jan 2020271057.252.09$15,515
Dec 20190059.012.30$0
Nov 2019188055.302.75$10,396
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201988053.112.30$4,674
Jul 2019180056.272.46$10,129
Jun 20190052.782.49$0
May 201986058.482.74$5,029
Apr 201988062.632.75$5,511
Mar 201984056.803.06$4,771
Feb 201986050.852.79$4,373
Jan 201981046.033.23$3,728
Dec 2018184046.594.19$8,573
Nov 201896052.934.24$5,081
Oct 201896061.443.40$5,898
Sep 20180059.543.11$0
Aug 201891059.403.07$5,405
Jul 2018173065.142.93$11,269
Jun 20180060.183.08$0
May 201886065.382.90$5,623
Apr 201886063.842.90$5,490
Mar 201888061.222.79$5,387
Feb 2018292061.782.77$18,040
Jan 20180062.874.01$0
Dec 2017110057.272.92$6,300
Nov 20170055.423.12$0
Oct 2017107049.292.98$5,274
Sep 2017199047.523.09$9,456
Aug 2017112045.373.00$5,081
Jul 2017258043.873.09$11,318
Jun 2017149042.493.09$6,331
May 20170045.373.26$0
Apr 2017166047.933.21$7,956
Mar 2017152046.772.98$7,109
Feb 2017127050.452.95$6,407
Jan 2017135049.413.42$6,670
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201682041.553.10$3,407
Aug 2016100041.442.92$4,144
Jul 20160041.622.92$0
Jun 201692045.352.69$4,172
May 201692042.521.99$3,912
Apr 201691036.561.99$3,327
Mar 201698033.011.79$3,235
Feb 201690026.472.06$2,382
Jan 201692027.352.36$2,516
Dec 201589032.362.00$2,880
Nov 20150038.792.17$0
Oct 2015113043.552.43$4,921
Sep 2015144042.992.76$6,191
Aug 2015170040.162.87$6,827
Jul 20150048.152.95$0
Jun 2015143056.152.88$8,029
May 20150055.212.96$0
Apr 2015134049.822.71$6,676
Mar 20150042.892.93$0
Feb 2015114044.662.98$5,091
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014130070.464.25$9,160
Oct 2014118078.303.90$9,239
Sep 2014121086.164.05$10,425
Aug 20140089.394.04$0
Jul 2014117096.564.18$11,298
Jun 2014118098.164.74$11,583
May 2014112094.734.73$10,610
Apr 20140095.944.81$0
Mar 2014116095.895.06$11,123
Feb 2014119097.406.19$11,591
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013113088.853.74$10,040
Oct 20130097.423.78$0
Sep 20131160104.113.72$12,077
Aug 201300104.253.52$0
Jul 20131120102.523.72$11,482
Jun 2013231094.403.93$21,806
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013103093.623.91$9,643
Feb 20130091.233.42$0
Jan 201395091.603.42$8,702
Dec 2012226086.773.42$19,610
Nov 20120086.953.62$0
Oct 2012110089.383.40$9,832
Sep 2012113094.672.92$10,698
Aug 2012111092.662.91$10,285
Jul 2012104085.133.02$8,854
Jun 2012328079.822.52$26,181
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121980105.052.22$20,800
Feb 201200101.102.57$0
Jan 201288098.092.73$8,632
Dec 201199096.873.24$9,590
Nov 2011159095.723.31$15,219
Oct 201189084.983.65$7,563
Sep 20110083.623.99$0
Aug 2011199083.404.15$16,597
Jul 2011212094.144.52$19,958
Jun 20110092.904.64$0
May 201163098.134.40$6,182
Apr 2011800105.964.33$8,477
Mar 2011191096.364.06$18,405
Feb 20110085.644.18$0
Jan 201188086.504.59$7,612
Dec 201085085.734.35$7,287
Nov 2010187080.843.80$15,117
Oct 201098078.103.51$7,654
Sep 201092072.633.98$6,682
Aug 2010191073.684.42$14,073
Jul 2010942172.554.74$6,919
Jun 2010935070.364.91$6,789
May 201093971.124.24$6,652
Apr 201075081.694.12$6,127
Mar 201092078.394.39$7,212
Feb 201088073.585.44$6,475
Jan 2010206074.365.96$15,318
Dec 2009108071.445.48$7,716
Nov 200996074.593.75$7,161
Oct 200989072.544.11$6,456
Sep 200985065.543.06$5,571
Aug 200998067.423.22$6,607
Jul 200979061.133.46$4,829
Jun 200969066.163.90$4,565
May 200990054.743.93$4,927
Apr 200967046.773.59$3,134
Mar 2009116142.144.06$4,892
Feb 200949032.814.63$1,608
Jan 200925035.865.37$897
Dec 200858037.105.98$2,152
Nov 200856055.496.86$3,107
Oct 20080075.246.92$0
Sep 2008840101.767.88$8,548
Aug 200800114.228.48$0
Jul 2008510131.0811.39$6,685
Jun 2008270131.3313.03$3,546
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008310101.909.66$3,159
Feb 2008158092.538.77$14,620
Jan 2008147090.388.21$13,286
Dec 200779088.337.30$6,978
Nov 2007138091.677.29$12,650
Oct 2007182082.856.92$15,079
Sep 200790075.846.24$6,826
Aug 2007169069.066.39$11,671
Jul 2007179070.906.39$12,691
Jun 2007274062.007.55$16,988
May 2007843958.747.85$5,240
Apr 20079515659.617.81$6,881
Mar 20079916556.927.30$6,840
Feb 200721318855.108.22$13,281
Jan 200725921050.306.73$14,440
Dec 200624923556.656.92$15,732
Nov 20061117754.207.62$6,603
Oct 200626314754.906.01$15,323
Sep 200623815960.085.04$15,100
Aug 200610617068.717.34$8,531
Jul 200636312569.376.34$25,974
Jun 200611314866.286.38$8,434
May 20062246866.016.42$15,223
Apr 200610815764.397.36$8,110
Mar 2006173056.707.08$9,809
Feb 2006628757.597.75$4,245
Jan 200645360.598.93$2,753
Dec 20054413454.9413.42$4,215
Nov 20059015854.6910.59$6,595
Oct 200510118458.3413.80$8,431
Sep 20055818161.4512.08$5,750
Aug 200517520461.519.80$12,763
Jul 20058822755.697.84$6,681
Jun 200517320852.337.38$10,588
May 200517422945.226.65$9,391
Apr 20059123249.207.36$6,185
Mar 200517922950.377.15$10,655
Feb 20058420145.226.31$5,067
Jan 200517724943.166.32$9,214
Dec 200417618739.866.75$8,278
Nov 20048715645.286.33$4,927
Oct 200426520449.706.52$14,500
Sep 20048723743.245.28$5,014
Aug 20048915342.375.55$4,620
Jul 20048820338.286.08$4,604
Jun 200417824136.106.43$7,976
May 200417524537.486.49$8,150
Apr 20049023334.475.86$4,467
Mar 200427224834.365.53$10,717
Feb 20049323032.455.51$4,285
Jan 200417926432.036.30$7,396
Dec 200318025830.266.30$7,073
Nov 200318324628.804.60$6,401
Oct 200317325428.174.76$6,082
Sep 20038925026.314.75$3,529
Aug 20038726629.765.13$3,954
Jul 20038816929.415.17$3,462
Jun 200318020628.565.98$6,373
May 20039114426.595.97$3,280
Apr 20039024626.675.41$3,730
Mar 200318024931.146.10$7,123
Feb 20038922433.487.93$4,755
Jan 200317525230.315.58$6,711
Dec 20028923526.914.85$3,536
Nov 200218025124.664.14$5,477
Oct 20029127726.464.23$3,579
Sep 200225023827.443.64$7,725
Aug 2002020825.963.16$658
Jul 20029027424.583.06$3,051
Jun 200217427923.733.34$5,060
May 20028832524.663.58$3,335
Apr 200217123823.653.51$4,880
Mar 20028527222.003.10$2,714
Feb 200217124218.222.38$3,691
Jan 20028625417.172.38$2,080
Dec 200126029216.932.36$5,092
Nov 2001030318.072.41$729
Oct 200116124919.782.53$3,814
Sep 200118325024.262.25$5,002
Aug 20018825924.873.05$2,979
Jul 200117924623.933.20$5,070
Jun 20019327424.563.82$3,332
May 200117923725.524.31$5,589
Apr 200119421924.685.34$5,956
Mar 20018523724.545.38$3,360
Feb 200117821927.755.77$6,202
Jan 200118022927.478.40$6,868
Dec 200020024426.889.12$7,602
Nov 200019928832.215.66$8,039
Oct 200018030831.235.15$7,206
Sep 20009730131.875.19$4,653
Aug 200019528729.644.54$7,083
Jul 200010829028.534.09$4,267
Jun 200018528629.304.40$6,678
May 200019423727.263.68$6,161
Apr 200018123824.513.12$5,178
Mar 200018924228.422.86$6,063
Feb 20009622427.622.73$3,262
Jan 200019028325.272.48$5,503
Dec 199918826524.282.42$5,207
Nov 199918924623.192.43$4,982
Oct 199918026620.982.80$4,522
Sep 19999124321.752.62$2,616
Aug 199926226219.262.88$5,800
Jul 19999325517.892.37$2,269
Jun 19998822715.942.36$1,939
May 199926425015.792.32$4,749
Apr 19998924715.102.21$1,889
Mar 199917227512.471.84$2,650
Feb 19991772609.981.82$2,239
Jan 199917726610.381.90$2,343
Dec 19981763069.201.77$2,162
Nov 199817627010.892.19$2,507
Oct 19989128112.421.97$1,684
Sep 199817129712.592.08$2,771
Aug 199817929911.301.91$2,593
Jul 199826424011.742.24$3,636
Jun 199817935411.242.24$2,804
May 1998022612.622.21$499
Apr 199835529313.042.51$5,363
Mar 1998033412.802.31$771
Feb 199817922913.952.30$3,024
Jan 199817925914.702.15$3,189
Dec 199717628616.322.41$3,562
Nov 199717729018.193.09$4,115
Oct 199727628119.253.15$6,198
Sep 19978919917.742.95$2,167
Aug 19979615517.862.55$2,111
Jul 199726526917.582.25$5,263
Jun 1997026517.242.26$598
May 199727528018.972.31$5,863
Apr 19978929117.882.08$2,197
Mar 199718030118.951.94$3,995
Feb 199726516820.492.21$5,800
Jan 199717325023.483.54$4,947
Dec 1996019723.32$0
Nov 199617728021.97$3,889
Oct 199618324823.31$4,266
Sep 199626825022.22$5,955
Aug 199617718420.26$3,586
Jul 1996012319.55$0
Jun 199617514018.73$3,278
May 199625917919.43$5,032
Apr 19968819521.51$1,893
Mar 199617222519.38$3,333
Feb 199617724316.98$3,005
Jan 199626724917.07$4,558
Dec 19958925517.19$1,530
Nov 199517524316.00$2,800
Oct 199517724215.43$2,731
Sep 199526723716.18$4,320
Aug 199518124615.92$2,882
Jul 199518019415.24$2,743
Jun 199517916516.41$2,937
May 199517924717.56$3,143
Apr 199526224517.73$4,645
Mar 199537127516.44$6,099
Feb 199527632916.58$4,576
Jan 199513343715.92$2,117
Dec 199417218915.03$2,585
Nov 199416018115.90$2,544
Oct 199417928115.58$2,789
Sep 199411323115.29$1,728
Aug 199422730816.13$3,662
Jul 199411831417.56$2,072
Jun 199423214017.09$3,965
May 19943238515.88$5,129
Apr 1994010314.14$0
Mar 199434517312.46$4,299
Feb 199420219812.50$2,525
Jan 1994021612.66$0
Dec 199315020612.33$1,850
Nov 199318217814.49$2,637
Oct 199316621215.85$2,631
Sep 199336634015.03$5,501
Aug 199337830015.66$5,919
Jul 1993013015.46$0
Jun 199333623816.79$5,641
May 1993029117.68$0
Apr 199338441918.05$6,931
Mar 199336440718.14$6,603
Feb 1993038917.90$0
Jan 199336042116.93$6,095

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.

May 2026 — as filed, then multipliedworked
Oil                   96 bbl  × $106.41 =    $10,215
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $10,215

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. 08/O/27854 is the state's own key, not one this site invented.