CARMICHAEL
CARMICHAEL is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Apache Corporation. It has 9 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 781,984 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 $3.1M, with roughly $661K 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 1,234 barrels a month, about 137 per wellbore. Its strongest month on the record we hold was September 2016, at 8,878 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CARMICHAEL
- Who operates CARMICHAEL?
- CARMICHAEL is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CARMICHAEL?
- CARMICHAEL is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45244.
- Is CARMICHAEL still producing?
- CARMICHAEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARMICHAEL is August 2026.
- How much has CARMICHAEL produced?
- CARMICHAEL has reported 781,984 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 9 wellbores.
- How much is CARMICHAEL worth?
- The remaining production from CARMICHAEL is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARMICHAEL is a fraction of it. The estimate fits an Arps decline curve to the production CARMICHAEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARMICHAEL is an estimate of value, not an offer and not an appraisal.
- How much income does CARMICHAEL generate in a year?
- CARMICHAEL is forecast to net about $661K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARMICHAEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Three Bar (Wichita) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 45244 |
| Wellbores | 9 |
| Reported production | 781,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where CARMICHAEL 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.