CARTER, JOHN E.
CARTER, JOHN E. is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by R K & R Oil Co. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,261 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 $58K, with roughly $11K 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 18 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was March 2020, at 47 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, JOHN E.
- Who operates CARTER, JOHN E.?
- CARTER, JOHN E. is operated by R K & R Oil Co., Railroad Commission of Texas operator number 687170.
- Where is CARTER, JOHN E.?
- CARTER, JOHN E. is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03203.
- Is CARTER, JOHN E. still producing?
- CARTER, JOHN E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER, JOHN E. is August 2026.
- How much has CARTER, JOHN E. produced?
- CARTER, JOHN E. has reported 10,261 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CARTER, JOHN E. worth?
- The remaining production from CARTER, JOHN E. is estimated to be worth about $58K in total as of 26 August 2026, within a range of $32K to $84K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER, JOHN E. is a fraction of it. The estimate fits an Arps decline curve to the production CARTER, JOHN E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER, JOHN E. is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER, JOHN E. generate in a year?
- CARTER, JOHN E. is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTER, JOHN E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R K & R Oil Co. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 03203 |
| Wellbores | 3 |
| Reported production | 10,261 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $58K |
Where CARTER, JOHN E. 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.