CARTER
CARTER is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Wheeler Operating Corporation. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 59,773 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 $298K, with roughly $57K 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 74 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was August 2025, at 199 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates CARTER?
- CARTER is operated by Wheeler Operating Corporation, Railroad Commission of Texas operator number 914263.
- Where is CARTER?
- CARTER is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65471.
- Is CARTER still producing?
- CARTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER is August 2026.
- How much has CARTER produced?
- CARTER has reported 59,773 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is CARTER worth?
- The remaining production from CARTER is estimated to be worth about $298K in total as of 27 August 2026, within a range of $164K to $432K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER is a fraction of it. The estimate fits an Arps decline curve to the production CARTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER generate in a year?
- CARTER is forecast to net about $57K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wheeler Operating Corporation |
|---|---|
| Field | D-L-S (San Andres) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 65471 |
| Wellbores | 8 |
| Reported production | 59,773 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where CARTER 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.