CARTER, ALEC
CARTER, ALEC is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Melcar Production. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 75,725 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 $113K, with roughly $22K 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 30 barrels a month. Its strongest month on the record we hold was May 2018, at 402 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, ALEC
- Who operates CARTER, ALEC?
- CARTER, ALEC is operated by Melcar Production, Railroad Commission of Texas operator number 559408.
- Where is CARTER, ALEC?
- CARTER, ALEC is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 21804.
- Is CARTER, ALEC still producing?
- CARTER, ALEC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER, ALEC is August 2026.
- How much has CARTER, ALEC produced?
- CARTER, ALEC has reported 75,725 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARTER, ALEC worth?
- The remaining production from CARTER, ALEC is estimated to be worth about $113K in total as of 27 August 2026, within a range of $62K to $163K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER, ALEC is a fraction of it. The estimate fits an Arps decline curve to the production CARTER, ALEC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER, ALEC is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER, ALEC generate in a year?
- CARTER, ALEC is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARTER, ALEC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Melcar Production |
|---|---|
| Field | Purple (Noodle Creek Lime) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 21804 |
| Wellbores | 1 |
| Reported production | 75,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $113K |
Where CARTER, ALEC 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.