CARTER ESTATE
CARTER ESTATE is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Sonat Exploration Company -Tyler. It has 1 wellbore on file with the Commission. Reported production runs from February 1997 to August 2026, totalling 1,115,403 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 $217K, with roughly $34K 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 1,869 thousand cubic feet a month. Its strongest month on the record we hold was September 2025, at 4,072 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ESTATE
- Who operates CARTER ESTATE?
- CARTER ESTATE is operated by Sonat Exploration Company -Tyler, Railroad Commission of Texas operator number 801642.
- Where is CARTER ESTATE?
- CARTER ESTATE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 161978.
- Is CARTER ESTATE still producing?
- CARTER ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER ESTATE is August 2026.
- How much has CARTER ESTATE produced?
- CARTER ESTATE has reported 1,115,403 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1997 and August 2026, from 1 wellbore.
- How much is CARTER ESTATE worth?
- The remaining production from CARTER ESTATE is estimated to be worth about $217K in total as of 27 August 2026, within a range of $180K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production CARTER ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER ESTATE generate in a year?
- CARTER ESTATE is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARTER ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sonat Exploration Company -Tyler |
|---|---|
| Field | Carthage, North (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 161978 |
| Wellbores | 1 |
| Reported production | 1,115,403 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $217K |
Where CARTER 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.