CARTHAGE

CARTHAGE is a Texas oil lease in Newton County, Railroad Commission district 06, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 39,677 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 $20K, with roughly $4K expected over the next twelve months.

OperatorContinental Resources, Inc.
FieldBrookeland (Austin Chalk, 8800)
CountyNewton County, Texas
RRC district06
Lease number15871
Wellbores1
Reported production39,677 bbl
First reportedDecember 2021
Last reportedAugust 2026
Estimated royalty value$20K

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.