CARPENTER STATE C
CARPENTER STATE C is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 320,044 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 $621K, with roughly $215K 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 448 barrels a month. Its strongest month on the record we hold was January 2019, at 24,342 barrels. 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 CARPENTER STATE C
- Who operates CARPENTER STATE C?
- CARPENTER STATE C is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is CARPENTER STATE C?
- CARPENTER STATE C is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51260.
- Is CARPENTER STATE C still producing?
- CARPENTER STATE C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARPENTER STATE C is August 2026.
- How much has CARPENTER STATE C produced?
- CARPENTER STATE C has reported 320,044 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is CARPENTER STATE C worth?
- The remaining production from CARPENTER STATE C is estimated to be worth about $621K in total as of 26 August 2026, within a range of $484K to $757K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARPENTER STATE C is a fraction of it. The estimate fits an Arps decline curve to the production CARPENTER STATE C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARPENTER STATE C is an estimate of value, not an offer and not an appraisal.
- How much income does CARPENTER STATE C generate in a year?
- CARPENTER STATE C is forecast to net about $215K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARPENTER STATE C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51260 |
| Wellbores | 1 |
| Reported production | 320,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $621K |
Where CARPENTER STATE C 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.