CARPENTER UNIT
CARPENTER UNIT is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Three P Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 38,536 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 $508K, with roughly $84K 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 90 barrels a month. Its strongest month on the record we hold was September 2019, at 262 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 CARPENTER UNIT
- Who operates CARPENTER UNIT?
- CARPENTER UNIT is operated by Three P Operating Company, Railroad Commission of Texas operator number 857737.
- Where is CARPENTER UNIT?
- CARPENTER UNIT is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29228.
- Is CARPENTER UNIT still producing?
- CARPENTER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARPENTER UNIT is August 2026.
- How much has CARPENTER UNIT produced?
- CARPENTER UNIT has reported 38,536 barrels of oil (bbl) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
- How much is CARPENTER UNIT worth?
- The remaining production from CARPENTER UNIT is estimated to be worth about $508K in total as of 26 August 2026, within a range of $279K to $736K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARPENTER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARPENTER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARPENTER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARPENTER UNIT generate in a year?
- CARPENTER UNIT is forecast to net about $84K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARPENTER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Three P Operating Company |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 29228 |
| Wellbores | 1 |
| Reported production | 38,536 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $508K |
Where CARPENTER 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.