CARTER

Operated by D.J. & T. ENERGY (P-5 196227) in the MILSTEAD (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18120District 7BField 61739750OilCasinghead gasSaveExport
Value, all time
$287 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1981-11-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition10,288 bbl$285,131
Casinghead gasProduction2,540 Mcf$1,692
Total$286,823

1,820 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 32.7438, -100.1241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74379, -100.12414 · 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
5,322 ft
1 wells filed one
Completion to plug
30.6 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 5,322 ft.

Completions filed
Nov 1981
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 30.6 years across the 1 well that filed both dates, with the middle half between 30.6 years and 30.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2533195115,322 ftNov 1981Jun 2012Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200843075.246.92$3,235
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008440131.0811.39$5,768
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007165075.846.24$12,514
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007176062.007.55$10,912
May 20070058.747.85$0
Apr 2007177059.617.81$10,551
Mar 20071056.927.30$57
Feb 2007164055.108.22$9,036
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006161054.906.01$8,839
Sep 2006179060.085.04$10,754
Aug 2006184068.717.34$12,643
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20061057.597.75$58
Jan 2006138060.598.93$8,361
Dec 2005178054.9413.42$9,779
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004176042.375.55$7,457
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004178037.486.49$6,671
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004176032.455.51$5,711
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003181028.804.60$5,213
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003181029.765.13$5,387
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003177026.675.41$4,721
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003183030.315.58$5,547
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002179026.464.23$4,736
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002177024.583.06$4,351
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002177023.653.51$4,186
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001182016.932.36$3,081
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001176024.873.05$4,377
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001182025.524.31$4,645
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001181027.755.77$5,023
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000176031.235.15$5,496
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000175028.534.09$4,993
Jun 20000029.304.40$0
May 2000181027.263.68$4,934
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000178027.622.73$4,916
Jan 20000025.272.48$0
Dec 199902024.282.42$48
Nov 199902023.192.43$49
Oct 19991792020.982.80$3,811
Sep 199902021.752.62$52
Aug 199902019.262.88$58
Jul 19991792017.892.37$3,250
Jun 199902015.942.36$47
May 19991732015.792.32$2,778
Apr 19991772015.102.21$2,717
Mar 199902012.471.84$37
Feb 19990209.981.82$36
Jan 19991732010.381.90$1,834
Dec 19980209.201.77$35
Nov 199802010.892.19$44
Oct 19981752012.421.97$2,213
Sep 199802012.592.08$42
Aug 199802011.301.91$38
Jul 19981742011.742.24$2,088
Jun 199802011.242.24$45
May 199802012.622.21$44
Apr 19981782013.042.51$2,371
Mar 199802012.802.31$46
Feb 199802013.952.30$46
Jan 199802014.702.15$43
Dec 199702016.322.41$48
Nov 19971752018.193.09$3,245
Oct 199702019.253.15$63
Sep 199702017.742.95$59
Aug 19971802017.862.55$3,266
Jul 199702017.582.25$45
Jun 199702017.242.26$45
May 19971752018.972.31$3,366
Apr 199702017.882.08$42
Mar 19971782018.951.94$3,412
Feb 199702020.492.21$44
Jan 199702023.483.54$71
Dec 19961782023.32$4,151
Nov 199602021.97$0
Oct 199602023.31$0
Sep 19961772022.22$3,933
Aug 199602020.26$0
Jul 19961772019.55$3,460
Jun 199602018.73$0
May 199612019.43$19
Apr 19961742021.51$3,743
Mar 199602019.38$0
Feb 199602016.98$0
Jan 19961752017.07$2,987
Dec 199502017.19$0
Nov 199503016.00$0
Oct 19951733015.43$2,669
Sep 199503016.18$0
Aug 19951733015.92$2,754
Jul 199503015.24$0
Jun 199503016.41$0
May 19951693017.56$2,968
Apr 199503017.73$0
Mar 19951823016.44$2,992
Feb 199503016.58$0
Jan 19951743015.92$2,770
Dec 199403015.03$0
Nov 199403015.90$0
Oct 19941783015.58$2,773
Sep 199403015.29$0
Aug 199403016.13$0
Jul 19941783017.56$3,126
Jun 199403017.09$0
May 19941773015.88$2,811
Apr 199403014.14$0
Mar 19941883012.46$2,342
Feb 199403012.50$0
Jan 199405012.66$0
Dec 19931815012.33$2,232
Nov 199305014.49$0
Oct 19931775015.85$2,805
Sep 199305015.03$0
Aug 19931755015.66$2,741
Jul 199305015.46$0
Jun 199305016.79$0
May 1993010017.68$0
Apr 199316510018.05$2,978
Mar 199317310018.14$3,138
Feb 1993010017.90$0
Jan 1993010016.93$0

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.

Oct 2008 — as filed, then multipliedworked
Oil                   43 bbl  × $ 75.24 =     $3,235
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,235

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. 7B/O/18120 is the state's own key, not one this site invented.