CARTER, LESTER

Operated by MILES PRODUCTION CO. (P-5 567000) in the JACK COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28467District 09Field 45274001OilCasinghead gasSaveExport
Value, all time
$14 k
Jan 1993 – Feb 1995
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
26
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 1,235 leases and 3,090 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: 49B DAILY RATE= 76 MCF

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
OilDisposition871 bbl$13,601
Casinghead gasProduction607 Mcf$0
Total$13,601

607 Mcf of this lease's gas, across 21 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 33.3086, -98.3487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.30857, -98.34870 · 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
5,736 ft
1 wells filed one
Completion to plug
2.1 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 5,736 ft.

Completions filed
Nov 1992
1 of 1 wells
Plug dates filed
Dec 1994
1 of 1 wells

Last completion to plug: a median of 2.1 years across the 1 well that filed both dates, with the middle half between 2.1 years and 2.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373799355,736 ftNov 1992Dec 1994Yes

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 (26)

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

26 months

Feb 19950016.58$0
Jan 19950015.92$0
Dec 199499015.03$1,488
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199450115.29$765
Aug 199460116.13$968
Jul 19940117.56$0
Jun 199460117.09$1,025
May 19940115.88$0
Apr 19940114.14$0
Mar 199464112.46$797
Feb 1994845512.50$1,050
Jan 199406312.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 199337115.85$586
Sep 199330115.03$451
Aug 1993796215.66$1,237
Jul 1993919515.46$1,407
Jun 199309516.79$0
May 199307017.68$0
Apr 19931114918.05$2,004
Mar 199309918.14$0
Feb 199329717.90$519
Jan 199377116.93$1,304

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.

Dec 1994 — as filed, then multipliedworked
Oil                   99 bbl  × $ 15.03 =     $1,488
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,488

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. 09/O/28467 is the state's own key, not one this site invented.