CARPENTER, JIM
CARPENTER, JIM is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Alpine Oil & Gas. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,216 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 $20K, with roughly $4K 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 5 barrels a month. Its strongest month on the record we hold was September 2019, at 13 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CARPENTER, JIM
- Who operates CARPENTER, JIM?
- CARPENTER, JIM is operated by Alpine Oil & Gas, Railroad Commission of Texas operator number 015137.
- Where is CARPENTER, JIM?
- CARPENTER, JIM is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04486.
- Is CARPENTER, JIM still producing?
- CARPENTER, JIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARPENTER, JIM is August 2026.
- How much has CARPENTER, JIM produced?
- CARPENTER, JIM has reported 1,216 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARPENTER, JIM worth?
- The remaining production from CARPENTER, JIM is estimated to be worth about $20K in total as of 26 August 2026, within a range of $0 to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARPENTER, JIM is a fraction of it. The estimate fits an Arps decline curve to the production CARPENTER, JIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARPENTER, JIM is an estimate of value, not an offer and not an appraisal.
- How much income does CARPENTER, JIM generate in a year?
- CARPENTER, JIM is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARPENTER, JIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alpine Oil & Gas |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 04486 |
| Wellbores | 1 |
| Reported production | 1,216 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where CARPENTER, JIM 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.