CARTER, A.L. UNIT

CARTER, A.L. UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Ads. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,297 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 6 barrels a month. Its strongest month on the record we hold was October 2021, at 26 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 CARTER, A.L. UNIT

Who operates CARTER, A.L. UNIT?
CARTER, A.L. UNIT is operated by Ads, Railroad Commission of Texas operator number 008475.
Where is CARTER, A.L. UNIT?
CARTER, A.L. UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 19946.
Is CARTER, A.L. UNIT still producing?
CARTER, A.L. UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER, A.L. UNIT is August 2026.
How much has CARTER, A.L. UNIT produced?
CARTER, A.L. UNIT has reported 3,297 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is CARTER, A.L. UNIT worth?
The remaining production from CARTER, A.L. UNIT 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 CARTER, A.L. UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARTER, A.L. UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER, A.L. UNIT is an estimate of value, not an offer and not an appraisal.
How much income does CARTER, A.L. UNIT generate in a year?
CARTER, A.L. UNIT 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 CARTER, A.L. UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CARTER, A.L. UNIT as filed with the Railroad Commission of Texas
OperatorAds
FieldHooker Creek (Navarro A)
CountyLee County, Texas
RRC district03
Lease number19946
Wellbores1
Reported production3,297 bbl
First reported
Last reported
Estimated royalty value$20K

Where CARTER, A.L. UNIT 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.