CARTER FAMILY TRUST
CARTER FAMILY TRUST is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 1,920,353 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $354K, with roughly $79K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,762 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 11,774 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about CARTER FAMILY TRUST
- Who operates CARTER FAMILY TRUST?
- CARTER FAMILY TRUST is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CARTER FAMILY TRUST?
- CARTER FAMILY TRUST is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 249230.
- Is CARTER FAMILY TRUST still producing?
- CARTER FAMILY TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER FAMILY TRUST is August 2026.
- How much has CARTER FAMILY TRUST produced?
- CARTER FAMILY TRUST has reported 1,920,353 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is CARTER FAMILY TRUST worth?
- The remaining production from CARTER FAMILY TRUST is estimated to be worth about $354K in total as of 26 August 2026, within a range of $294K to $415K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER FAMILY TRUST is a fraction of it. The estimate fits an Arps decline curve to the production CARTER FAMILY TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER FAMILY TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER FAMILY TRUST generate in a year?
- CARTER FAMILY TRUST is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTER FAMILY TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 249230 |
| Wellbores | 1 |
| Reported production | 1,920,353 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $354K |
Where CARTER FAMILY TRUST sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.