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Texas gas well

Producing

CARTER 7-40

Carter 7-40 is a gas well in Palo Pinto County, Texas, operated by Upham Oil & Gas Company in the Lone Camp, NW. (Congl.) field.

1 well

10,952mcf gas, last 12 months−2% vs prior year
RRC lease
7B-168423

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Where it sits

This county

Palo Pinto CountyPalo PintoWiseJackHoodStephensParkerYoungPalo Pinto County
Palo Pinto County
Gas in Jul 2026
1,053 mcf
Reporting since
Jan 2020

Production by month

Gas output held steady over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output held steady over the last 12 monthsMonthly gas production and oil for CARTER 7-40, Aug 2023 to Jul 2026. Gas output held steady over the last 12 months. 10,952 mcf in the 12 months through Jul 2026, against 11,162 mcf in the 12 months before.Last 12 months: 10,952 mcfmcf per monthbbl per month002500500075011,00011,2501Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output held steady over the last 12 monthsMonthly gas production and oil for CARTER 7-40, Aug 2023 to Jul 2026. Gas output held steady over the last 12 months. 10,952 mcf in the 12 months through Jul 2026, against 11,162 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002500500075011,00011,2501Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of CARTER 7-40 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of CARTER 7-40 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in May 2023

Operators of this lease over timeCholla Petroleum, Inc., Jan 2020 to Mar 2020; Black Bandana LLC, Apr 2020 to Apr 2023; Upham Oil & Gas Company, May 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed May 2023Cholla Petroleum, Inc.Jan 2020 to Mar 2020Black Bandana LLCApr 2020 to Apr 2023Upham Oil & Gas CompanyMay 2023 to now
Operators of this lease over timeCholla Petroleum, Inc., Jan 2020 to Mar 2020; Black Bandana LLC, Apr 2020 to Apr 2023; Upham Oil & Gas Company, May 2023 to Jul 20262020202120222023202420252026Changed Apr 2020Changed May 2023Cholla Petroleum, Inc.Jan 2020 to Mar 2020Black Bandana LLCApr 2020 to Apr 2023Upham Oil & Gas CompanyMay 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CARTER 7-40
API numberWell no.Status
42-363-347561Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers100Aug 1, 2022–
Colt Gathering (North Texas)l.p.Gas-well gasBuys100Jun 1, 2020–
Colt Gathering (North Texas)l.p.Gas-well gasGathers100Jun 1, 2020–
True Oil Trucking & Mktg, LLCCondensateGathers100Aug 1, 2021Aug 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Jun 1, 2020Aug 1, 2021
One Cypress Trucking, Inc.CondensateGathers100Oct 1, 2013Jun 1, 2020
Midcoast Gathering (N Tx) L.p.Gas-well gasGathers100Oct 1, 2018Jun 1, 2020
Midcoast G & P (North Texas)l.p.Gas-well gasBuys100Oct 1, 2018Jun 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

160 acres on the newest permit

Permits for Carter 7-40
API numberWell no.Acreson the permit
42-363-347561160

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for CARTER 7-40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Upham Oil001,0531,0530$80.46$2.89
Jun 2026Upham Oil001,0591,0590$84.81$3.15
May 2026Upham Oil001,0621,0620$102.13$2.94
Apr 2026Upham Oil009679670$100.32$2.77
Mar 2026Upham Oil001,0721,0720$91.38$3.04
Feb 2026Upham Oil001,0181,0180$64.51$3.62
Jan 2026Upham Oil009429420$60.04$7.72
Dec 2025Upham Oil001,1121,1120$57.97$4.26
Nov 2025Upham Oil004144140$60.06$3.79
Oct 2025Upham Oil005305300$60.89$3.19
Sep 2025Upham Oil001,1511,1510$63.96$2.97
Aug 2025Upham Oil005725720$64.86$2.91
Jul 2025Upham Oil006246240$68.39$3.20
Jun 2025Upham Oil007687680$68.17$3.02
May 2025Upham Oil007617610$62.17$3.12
Apr 2025Upham Oil005795790$63.54$3.42
Mar 2025Upham Oil001,0181,0180$68.24$4.12
Feb 2025Upham Oil009259250$71.53$4.19
Jan 2025Upham Oil001,0801,0800$75.74$4.13
Dec 2024Upham Oil001,0891,0890$70.12$3.01
Nov 2024Upham Oil001,0711,0710$69.95$2.12
Oct 2024Upham Oil001,1211,1210$71.99$2.20
Sep 2024Upham Oil001,0361,0360$70.24$2.28
Aug 2024Upham Oil001,0901,0900$76.68$1.99
Jul 2024Upham Oil001,0501,0500$81.80$2.07
Jun 2024Upham Oil009129120$79.77$2.54
May 2024Upham Oil001,1561,1560$80.02$2.12
Apr 2024Upham Oil001,1301,1300$85.35$1.60
Mar 2024Upham Oil009619610$81.28$1.49
Feb 2024Upham Oil007467460$77.25$1.72
Jan 2024Upham Oil001,1871,1870$74.15$3.18
Dec 2023Upham Oil101,1251,1250$71.90$2.52
Nov 2023Upham Oil001,1251,1250$77.69$2.71
Oct 2023Upham Oil001,1621,1620$85.64$2.98
Sep 2023Upham Oil001,0781,0780$89.43$2.64
Aug 2023Upham Oil001,0211,0210$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Upham Oil & Gas Company in Palo Pinto County

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Lone Camp, NW. (Congl.) field

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