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Texas oil lease

Producing

CARTER, LESTER "B"

Carter, Lester "B" is an oil lease in Jack County, Texas, operated by Paratus Petroleum LLC in the Lost Valley (Caddo) field.

3 wells

52bbl oil, last 12 months−73% vs prior year
Operator
Paratus Petroleum LLC
County
Jack County
Field
Lost Valley (Caddo)
RRC lease
09-21519

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Gas, last 12 months
657 mcf
Oil in Jul 2026
4 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Paratus Petroleum LLC took over from Xplore Operating, LLC in Jan 2026.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Aug 12, 2026 (last P-5 filed Oct 6, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 73% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for CARTER, LESTER "B", Aug 2023 to Jul 2026. Oil output fell 73% over the last 12 months. 52 bbl in the 12 months through Jul 2026, against 191 bbl in the 12 months before.Last 12 months: 52 bblbbl per monthmcf per month00102020403060408050100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for CARTER, LESTER "B", Aug 2023 to Jul 2026. Oil output fell 73% over the last 12 months. 52 bbl in the 12 months through Jul 2026, against 191 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00102020403060408050100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
88% of the gas went to a processing plant in the last 12 monthsShare of CARTER, LESTER "B" gas by disposition code each month, Aug 2023 to Jul 2026. 88% 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
88% of the gas went to a processing plant in the last 12 monthsShare of CARTER, LESTER "B" gas by disposition code each month, Aug 2023 to Jul 2026. 88% 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.

  • Processing plant (3)

    88% · 581 mcf

  • Lease fuel (1)

    12% · 76 mcf

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeXplore Operating, LLC, Jan 2020 to Dec 2025; Paratus Petroleum LLC, Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Xplore Operating, LLCJan 2020 to Dec 2025Paratus Petroleum LLCJan 2026 to now
Operators of this lease over timeXplore Operating, LLC, Jan 2020 to Dec 2025; Paratus Petroleum LLC, Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Xplore Operating, LLCJan 2020 to Dec 2025Paratus Petroleum LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on CARTER, LESTER "B"
API numberWell no.Status
42-237-330802Active
42-237-377073Active
42-237-379905Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Jun 1, 2019–
Colt G & P (North Texas) L.p.Casinghead gasBuys100Jan 1, 2020–
Colt Gathering (North Texas)l.p.Casinghead gasGathers100Jan 1, 2020–
Midcoast Gathering (N Tx) L.p.Casinghead gasGathers100Oct 1, 2018Jan 1, 2020
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Oct 1, 2018Jan 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jun 1, 2019

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

Who buys my oilOil price check

265 acres on the newest permit

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Permits for Carter, Lester "B"
API numberWell no.Acreson the permit
42-237-379905265
42-237-377073265
42-237-330802265

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

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36 months, newest first

Ledger for CARTER, LESTER "B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Paratus Petroleum4096840$80.46$2.89
Jun 2026Paratus Petroleum4528140$84.81$3.15
May 2026Paratus Petroleum4427220$102.13$2.94
Apr 2026Paratus Petroleum5725230$100.32$2.77
Mar 2026Paratus Petroleum3325230$91.38$3.04
Feb 2026Paratus Petroleum12085780$64.51$3.62
Jan 2026Paratus Petroleum0099900$60.04$7.72
Dec 2025Xplore Operating,11026240$57.97$4.26
Nov 2025Xplore Operating,11298890$60.06$3.79
Oct 2025Xplore Operating,1047420$60.89$3.19
Sep 2025Xplore Operating,5755500$63.96$2.97
Aug 2025Xplore Operating,21346420$64.86$2.91
Jul 2025Xplore Operating,3038350$68.39$3.20
Jun 2025Xplore Operating,0038350$68.17$3.02
May 2025Xplore Operating,0052480$62.17$3.12
Apr 2025Xplore Operating,21052480$63.54$3.42
Mar 2025Xplore Operating,1054500$68.24$4.12
Feb 2025Xplore Operating,4216641380$71.53$4.19
Jan 2025Xplore Operating,25046420$75.74$4.13
Dec 2024Xplore Operating,26051470$70.12$3.01
Nov 2024Xplore Operating,25012110$69.95$2.12
Oct 2024Xplore Operating,30011100$71.99$2.20
Sep 2024Xplore Operating,90760$70.24$2.28
Aug 2024Xplore Operating,912330$76.68$1.99
Jul 2024Xplore Operating,1012000$81.80$2.07
Jun 2024Xplore Operating,182217150$79.77$2.54
May 2024Xplore Operating,1021190$80.02$2.12
Apr 2024Xplore Operating,8017150$85.35$1.60
Mar 2024Xplore Operating,0018160$81.28$1.49
Feb 2024Xplore Operating,1018160$77.25$1.72
Jan 2024Xplore Operating,311980$74.15$3.18
Dec 2023Xplore Operating,121235310$71.90$2.52
Nov 2023Xplore Operating,8026230$77.69$2.71
Oct 2023Xplore Operating,31326230$85.64$2.98
Sep 2023Xplore Operating,5026230$89.43$2.64
Aug 2023Xplore Operating,81127230$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

This lease belongs to

OperatorParatus Petroleum LLCFieldLost Valley (Caddo)CountyJack County

Paratus Petroleum LLC in Jack County

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Lost Valley (Caddo) field

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