CARTER-REYNOLDS
CARTER-REYNOLDS is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Beta-Tex, An Oklahoma Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,545 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 $259K, with roughly $50K 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. Its strongest month on the record we hold was November 2018, at 143 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-REYNOLDS
- Who operates CARTER-REYNOLDS?
- CARTER-REYNOLDS is operated by Beta-Tex, An Oklahoma Corp., Railroad Commission of Texas operator number 068309.
- Where is CARTER-REYNOLDS?
- CARTER-REYNOLDS is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00431.
- Is CARTER-REYNOLDS still producing?
- CARTER-REYNOLDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER-REYNOLDS is August 2026.
- How much has CARTER-REYNOLDS produced?
- CARTER-REYNOLDS has reported 38,545 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARTER-REYNOLDS worth?
- The remaining production from CARTER-REYNOLDS is estimated to be worth about $259K in total as of 26 August 2026, within a range of $142K to $375K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER-REYNOLDS is a fraction of it. The estimate fits an Arps decline curve to the production CARTER-REYNOLDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER-REYNOLDS is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER-REYNOLDS generate in a year?
- CARTER-REYNOLDS is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTER-REYNOLDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Beta-Tex, An Oklahoma Corp. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00431 |
| Wellbores | 1 |
| Reported production | 38,545 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $259K |
Where CARTER-REYNOLDS 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.