CAROLINA

CAROLINA is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Md America Energy, Llc. It has 2 wellbores on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 209,687 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $21K, with roughly $7K expected over the next twelve months.

OperatorMd America Energy, Llc
FieldMadisonville, W. (Woodbine -A-)
CountyMadison County, Texas
RRC district03
Lease number27316
Wellbores2
Reported production209,687 bbl
First reportedSeptember 2016
Last reportedAugust 2026
Estimated royalty value$21K

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.