CARTER, B. F.

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the RAVEN CREEK (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32592District 7BField 74863200OilCasinghead gasSaveExport
Value, all time
$3.5 M
May 2022 – May 2026
Value, last 12 filed months
$735 k
at the published price for each month
Months reported
49
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 32 leases and 83 wells, and the rule below applies to all of them.

Discovered
1954-10-30
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition41,559 bbl$3,232,838
Casinghead gasProduction67,310 Mcf$247,587
Total$3,480,424

Wells on this lease (10)

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 32.6102, -100.1809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.61082, -100.18114 · 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
0.0%
0 of 10 wells
With a plug date
10.0%
1 of 10 wells
Median depth
5,096 ft
10 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
110.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
990.0%

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

Total depth in feet, 10 of 10 wells. Median 5,096 ft, with the middle half between 4,550 and 5,222 ft; the shallowest is 4,500 ft and the deepest 5,625 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 10 wells, May 2022 – Jul 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2022 – Jul 2024
10 of 10 wells
Plug dates filed
Jul 1970
1 of 10 wells; 9 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-1513335627WI4,500 ftJul 2024
42-15133254154,550 ftJun 2024
42-1513336231WI4,550 ftMay 2024
42-1513315095,625 ftMay 2024
42-15133173125,563 ftDec 2023
42-151007037D5,075 ftOct 2023Jul 1970
42-151332688WI4,508 ftJul 2023
42-15133255165,254 ftJul 2022
42-15133172115,116 ftJun 2022
42-15133167105,125 ftMay 2022

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 (49)

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

49 months

May 2026795697106.413.05$86,719
Apr 202681867698.932.87$82,865
Mar 202688763489.753.15$81,605
Feb 202687749963.503.75$57,561
Jan 202654364359.138.00$37,250
Dec 202589953456.664.41$53,294
Nov 202590552858.593.93$55,097
Oct 202590510059.383.30$54,069
Sep 20251,055062.743.08$66,191
Aug 2025854063.933.01$54,596
Jul 2025868066.743.32$57,930
Jun 2025714066.483.13$47,467
May 202589643360.553.23$55,652
Apr 202572386062.363.54$48,133
Mar 202590867967.704.27$64,370
Feb 202591778870.884.34$68,418
Jan 202553816674.324.28$40,694
Dec 2024729068.993.12$50,294
Nov 202472246569.052.20$50,876
Oct 20247641,11271.372.28$57,064
Sep 20247141,04669.612.36$52,175
Aug 20248721,42075.632.06$68,880
Jul 20245301,29879.932.15$45,149
Jun 20245361,43978.082.63$45,641
May 20241831,07478.812.20$16,783
Apr 20243401,77884.451.66$31,663
Mar 20243701,14980.301.55$31,486
Feb 20245402,02476.091.78$44,699
Jan 20243731,06673.023.30$30,752
Dec 20235402,47971.262.61$44,952
Nov 202391880577.892.81$73,763
Oct 202371113585.443.09$61,165
Sep 20237291,89089.042.74$70,079
Aug 20235212,29380.522.67$48,080
Jul 20237094,66274.852.64$65,385
Jun 20237282,23868.962.26$55,257
May 20237222,55370.622.23$56,674
Apr 20238073,57978.122.24$71,052
Mar 20231,1173,71272.852.39$90,257
Feb 20239422,71175.112.47$77,438
Jan 20231,3692,96976.533.39$114,828
Dec 20221,3462,74676.415.73$118,580
Nov 20221,5922,75785.005.65$150,887
Oct 20221,8263,28387.185.86$178,441
Sep 20221,5802,77284.888.16$156,740
Aug 20221,6141,65194.529.13$167,624
Jul 20221,9231,733101.587.54$208,409
Jun 2022727742115.097.98$89,590
May 2022363492109.378.43$43,850

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                  795 bbl  × $106.41 =    $84,596
Casinghead gas       697 Mcf  × $  3.05 =     $2,123

────────────────────────────────────────────────────
Month total                                  $86,719

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/32592 is the state's own key, not one this site invented.