CARTER, B. S. JR.
CARTER, B. S. JR. is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 2,255,630 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 $279K, with roughly $81K 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 4,329 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 22,451 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, B. S. JR.
- Who operates CARTER, B. S. JR.?
- CARTER, B. S. JR. is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is CARTER, B. S. JR.?
- CARTER, B. S. JR. is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 156450.
- Is CARTER, B. S. JR. still producing?
- CARTER, B. S. JR. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTER, B. S. JR. is August 2026.
- How much has CARTER, B. S. JR. produced?
- CARTER, B. S. JR. has reported 2,255,630 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1995 and August 2026, from 1 wellbore.
- How much is CARTER, B. S. JR. worth?
- The remaining production from CARTER, B. S. JR. is estimated to be worth about $279K in total as of 27 August 2026, within a range of $232K to $327K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTER, B. S. JR. is a fraction of it. The estimate fits an Arps decline curve to the production CARTER, B. S. JR. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTER, B. S. JR. is an estimate of value, not an offer and not an appraisal.
- How much income does CARTER, B. S. JR. generate in a year?
- CARTER, B. S. JR. is forecast to net about $81K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARTER, B. S. JR. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 156450 |
| Wellbores | 1 |
| Reported production | 2,255,630 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $279K |
Where CARTER, B. S. JR. 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.