CARR 12
CARR 12 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Patina Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2004 to August 2026, totalling 643,953 thousand cubic feet. 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 $61K, with roughly $12K 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 593 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 1,762 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CARR 12
- Who operates CARR 12?
- CARR 12 is operated by Patina Oil & Gas Corporation, Railroad Commission of Texas operator number 643306.
- Where is CARR 12?
- CARR 12 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 204050.
- Is CARR 12 still producing?
- CARR 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARR 12 is August 2026.
- How much has CARR 12 produced?
- CARR 12 has reported 643,953 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2004 and August 2026, from 1 wellbore.
- How much is CARR 12 worth?
- The remaining production from CARR 12 is estimated to be worth about $61K in total as of 26 August 2026, within a range of $47K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARR 12 is a fraction of it. The estimate fits an Arps decline curve to the production CARR 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARR 12 is an estimate of value, not an offer and not an appraisal.
- How much income does CARR 12 generate in a year?
- CARR 12 is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARR 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patina Oil & Gas Corporation |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 204050 |
| Wellbores | 1 |
| Reported production | 643,953 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $61K |
Where CARR 12 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.