CARTHEL 31-TTT-B02 WF
CARTHEL 31-TTT-B02 WF is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Matador Production Company. It has 6 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 1,543,026 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 $114.0M, with roughly $44.4M 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 33,162 barrels a month, about 5,527 per wellbore. Its strongest month on the record we hold was March 2026, at 68,087 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CARTHEL 31-TTT-B02 WF
- Who operates CARTHEL 31-TTT-B02 WF?
- CARTHEL 31-TTT-B02 WF is operated by Matador Production Company, Railroad Commission of Texas operator number 532993.
- Where is CARTHEL 31-TTT-B02 WF?
- CARTHEL 31-TTT-B02 WF is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53940.
- Is CARTHEL 31-TTT-B02 WF still producing?
- CARTHEL 31-TTT-B02 WF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTHEL 31-TTT-B02 WF is August 2026.
- How much has CARTHEL 31-TTT-B02 WF produced?
- CARTHEL 31-TTT-B02 WF has reported 1,543,026 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 6 wellbores.
- How much is CARTHEL 31-TTT-B02 WF worth?
- The remaining production from CARTHEL 31-TTT-B02 WF is estimated to be worth about $114.0M in total as of 26 August 2026, within a range of $93.5M to $134.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTHEL 31-TTT-B02 WF is a fraction of it. The estimate fits an Arps decline curve to the production CARTHEL 31-TTT-B02 WF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTHEL 31-TTT-B02 WF is an estimate of value, not an offer and not an appraisal.
- How much income does CARTHEL 31-TTT-B02 WF generate in a year?
- CARTHEL 31-TTT-B02 WF is forecast to net about $44.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTHEL 31-TTT-B02 WF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Matador Production Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 53940 |
| Wellbores | 6 |
| Reported production | 1,543,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $114.0M |
Where CARTHEL 31-TTT-B02 WF 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.