CARTER "E", HARRY LEE
CARTER "E", HARRY LEE is a Texas oil lease in Cherokee County, Railroad Commission district 06, operated by Exxon Corp. It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 220,295 barrels. 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 $1.3M, with roughly $329K 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 487 barrels a month, about 37 per wellbore. Its strongest month on the record we hold was September 2016, at 1,082 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 "E", HARRY LEE
- Who operates CARTER "E", HARRY LEE?
- CARTER "E", HARRY LEE is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is CARTER "E", HARRY LEE?
- CARTER "E", HARRY LEE is a Texas oil lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 01069.
- Is CARTER "E", HARRY LEE still producing?
- CARTER "E", HARRY LEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER "E", HARRY LEE is August 2026.
- How much has CARTER "E", HARRY LEE produced?
- CARTER "E", HARRY LEE has reported 220,295 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is CARTER "E", HARRY LEE worth?
- The remaining production from CARTER "E", HARRY LEE is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER "E", HARRY LEE is a fraction of it. The estimate fits an Arps decline curve to the production CARTER "E", HARRY LEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER "E", HARRY LEE is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER "E", HARRY LEE generate in a year?
- CARTER "E", HARRY LEE is forecast to net about $329K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTER "E", HARRY LEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Neches (Woodbine) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 01069 |
| Wellbores | 13 |
| Reported production | 220,295 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where CARTER "E", HARRY LEE 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.