CARTER, M. K. TRUST

Name: CARTER, M. K. TRUST lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEXAS CONSOLIDATED PET. CORP. (P-5 844800) 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 31600District 08Field 27775166OilCasinghead gasSave Export

Value, all time

$154 k

Jan 1993 – Feb 2005

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

146

no gaps in the span

Streams

oil, casinghead gas

The EDWARDS -04- (BEND, S.) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	8,216 bbl	$142,463
Casinghead gas	Production	22,709 Mcf	$11,987
Total			$154,450

17,870 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 31.6107, -102.4111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61068, -102.41110 · 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

10,400 ft

1 wells filed one

Completion to plug

14.3 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 10,400 ft.

Completions filed

Dec 1987

1 of 1 wells

Plug dates filed

Apr 2002

1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10332892	1	10,400 ft	Dec 1987	Apr 2002	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 (146)

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

146 months


Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	101	0	45.28	6.33	$4,573
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	179	0	15.79	2.32	$2,826
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	2	0	12.42	1.97	$25
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	17	11.24	2.24	$38
May 1998	1	22	12.62	2.21	$61
Apr 1998	0	116	13.04	2.51	$291
Mar 1998	182	85	12.80	2.31	$2,526
Feb 1998	184	92	13.95	2.30	$2,778
Jan 1998	0	362	14.70	2.15	$780
Dec 1997	0	361	16.32	2.41	$870
Nov 1997	181	371	18.19	3.09	$4,438
Oct 1997	1	316	19.25	3.15	$1,015
Sep 1997	179	137	17.74	2.95	$3,580
Aug 1997	180	214	17.86	2.55	$3,762
Jul 1997	1	404	17.58	2.25	$925
Jun 1997	182	395	17.24	2.26	$4,029
May 1997	184	385	18.97	2.31	$4,379
Apr 1997	0	391	17.88	2.08	$814
Mar 1997	175	420	18.95	1.94	$4,131
Feb 1997	0	387	20.49	2.21	$854
Jan 1997	183	364	23.48	3.54	$5,585
Dec 1996	185	295	23.32	—	$4,314
Nov 1996	0	404	21.97	—	$0
Oct 1996	191	420	23.31	—	$4,452
Sep 1996	0	430	22.22	—	$0
Aug 1996	181	454	20.26	—	$3,667
Jul 1996	180	456	19.55	—	$3,519
Jun 1996	0	390	18.73	—	$0
May 1996	175	436	19.43	—	$3,400
Apr 1996	179	450	21.51	—	$3,850
Mar 1996	0	539	19.38	—	$0
Feb 1996	165	434	16.98	—	$2,802
Jan 1996	185	472	17.07	—	$3,158
Dec 1995	146	439	17.19	—	$2,510
Nov 1995	0	450	16.00	—	$0
Oct 1995	166	472	15.43	—	$2,561
Sep 1995	186	464	16.18	—	$3,009
Aug 1995	185	475	15.92	—	$2,945
Jul 1995	1	486	15.24	—	$15
Jun 1995	195	382	16.41	—	$3,200
May 1995	190	467	17.56	—	$3,336
Apr 1995	0	460	17.73	—	$0
Mar 1995	170	477	16.44	—	$2,795
Feb 1995	193	437	16.58	—	$3,200
Jan 1995	189	450	15.92	—	$3,009
Dec 1994	192	486	15.03	—	$2,886
Nov 1994	0	479	15.90	—	$0
Oct 1994	188	495	15.58	—	$2,929
Sep 1994	193	493	15.29	—	$2,951
Aug 1994	187	542	16.13	—	$3,016
Jul 1994	0	409	17.56	—	$0
Jun 1994	186	435	17.09	—	$3,179
May 1994	181	302	15.88	—	$2,874
Apr 1994	175	421	14.14	—	$2,475
Mar 1994	183	434	12.46	—	$2,280
Feb 1994	0	376	12.50	—	$0
Jan 1994	365	410	12.66	—	$4,621
Dec 1993	1	322	12.33	—	$12
Nov 1993	181	257	14.49	—	$2,623
Oct 1993	325	274	15.85	—	$5,151
Sep 1993	3	1	15.03	—	$45
Aug 1993	0	1	15.66	—	$0
Jul 1993	0	121	15.46	—	$0
Jun 1993	179	190	16.79	—	$3,005
May 1993	182	152	17.68	—	$3,218
Apr 1993	0	152	18.05	—	$0
Mar 1993	177	187	18.14	—	$3,211
Feb 1993	181	143	17.90	—	$3,240
Jan 1993	160	149	16.93	—	$2,709

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 2004 — as filed, then multipliedworked

Oil                  101 bbl  × $ 45.28 =     $4,573
Casinghead gas         0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                   $4,573

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/31600 is the state's own key, not one this site invented.