CARR, HERMAN ESTATE
CARR, HERMAN ESTATE is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by K & M Exploration, 1973-3 Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,036,800 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 $23K, with roughly $8K 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 492 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 1,062 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, HERMAN ESTATE
- Who operates CARR, HERMAN ESTATE?
- CARR, HERMAN ESTATE is operated by K & M Exploration, 1973-3 Ltd., Railroad Commission of Texas operator number 448842.
- Where is CARR, HERMAN ESTATE?
- CARR, HERMAN ESTATE is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 101958.
- Is CARR, HERMAN ESTATE still producing?
- CARR, HERMAN ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARR, HERMAN ESTATE is August 2026.
- How much has CARR, HERMAN ESTATE produced?
- CARR, HERMAN ESTATE has reported 1,036,800 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARR, HERMAN ESTATE worth?
- The remaining production from CARR, HERMAN ESTATE is estimated to be worth about $23K in total as of 27 August 2026, within a range of $18K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARR, HERMAN ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production CARR, HERMAN ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARR, HERMAN ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does CARR, HERMAN ESTATE generate in a year?
- CARR, HERMAN ESTATE is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARR, HERMAN ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | K & M Exploration, 1973-3 Ltd. |
|---|---|
| Field | Calabria (Congl.3800) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 101958 |
| Wellbores | 1 |
| Reported production | 1,036,800 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where CARR, HERMAN ESTATE 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.