CARR 55
CARR 55 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 October 2003 to August 2026, totalling 1,007,483 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 $39K, with roughly $7K 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 297 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 4,003 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 55
- Who operates CARR 55?
- CARR 55 is operated by Patina Oil & Gas Corporation, Railroad Commission of Texas operator number 643306.
- Where is CARR 55?
- CARR 55 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 198487.
- Is CARR 55 still producing?
- CARR 55 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARR 55 is August 2026.
- How much has CARR 55 produced?
- CARR 55 has reported 1,007,483 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2003 and August 2026, from 1 wellbore.
- How much is CARR 55 worth?
- The remaining production from CARR 55 is estimated to be worth about $39K in total as of 26 August 2026, within a range of $30K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARR 55 is a fraction of it. The estimate fits an Arps decline curve to the production CARR 55 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARR 55 is an estimate of value, not an offer and not an appraisal.
- How much income does CARR 55 generate in a year?
- CARR 55 is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARR 55 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 | 198487 |
| Wellbores | 1 |
| Reported production | 1,007,483 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where CARR 55 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.