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Producing

CARTER, M.K. TRUST NCT-1

Carter, M.k. Trust NCT-1 is an oil lease in Crane County, Texas, operated by Olsen Energy Inc. in the Edwards -04- (Ellenburger S.) field.

1 well

447bbl oil, last 12 months−34% vs prior year
Operator
Olsen Energy Inc.
County
Crane County
Field
Edwards -04- (Ellenburger S.)
RRC lease
08-20250

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
32 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Olsen Energy Inc. took over from Silver Cross Energy Partners LLC in Jan 2025.

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

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Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for CARTER, M.K. TRUST NCT-1, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 447 bbl in the 12 months through Jul 2026, against 680 bbl in the 12 months before.Last 12 months: 447 bblbbl per monthmcf per month00252550507575100100125125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for CARTER, M.K. TRUST NCT-1, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 447 bbl in the 12 months through Jul 2026, against 680 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00252550507575100100125125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the 4 months reported

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the 4 months reportedShare of CARTER, M.K. TRUST NCT-1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 4 months reported. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the 4 months reportedShare of CARTER, M.K. TRUST NCT-1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 4 months reported. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the 4 months reported. 4 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Nov 2023; Silver Cross Energy Partners LLC, Dec 2023 to Dec 2024; Olsen Energy Inc., Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2023Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Nov 2023Silver Cross Energy Partners…Dec 2023 to Dec 2024Olsen Energy Inc.Jan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Nov 2023; Silver Cross Energy Partners LLC, Dec 2023 to Dec 2024; Olsen Energy Inc., Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2023Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Nov 2023Silver Cross Energy Partners LLCDec 2023 to Dec 2024Olsen Energy Inc.Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CARTER, M.K. TRUST NCT-1
API numberWell no.Status
42-103-109131 JActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oasis Transp & Marketing Corp.OilGathers100Jul 1, 2005
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

80 acres on the newest permit

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Permits for Carter, M.k. Trust NCT-1
API numberWell no.Acreson the permit
42-103-109131 J80

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

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36 months, newest first

Ledger for CARTER, M.K. TRUST NCT-1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Olsen Energy3292000$80.46$2.89
Jun 2026Olsen Energy540000$84.81$3.15
May 2026Olsen Energy5496000$102.13$2.94
Apr 2026Olsen Energy270000$100.32$2.77
Mar 2026Olsen Energy6392000$91.38$3.04
Feb 2026Olsen Energy720000$64.51$3.62
Jan 2026Olsen Energy1894000$60.04$7.72
Dec 2025Olsen Energy00000$57.97$4.26
Nov 2025Olsen Energy170000$60.06$3.79
Oct 2025Olsen Energy1990000$60.89$3.19
Sep 2025Olsen Energy220000$63.96$2.97
Aug 2025Olsen Energy690000$64.86$2.91
Jul 2025Olsen Energy2790000$68.39$3.20
Jun 2025Olsen Energy540000$68.17$3.02
May 2025Olsen Energy6090000$62.17$3.12
Apr 2025Olsen Energy6888000$63.54$3.42
Mar 2025Olsen Energy7292000$68.24$4.12
Feb 2025Olsen Energy70000$71.53$4.19
Jan 2025Olsen Energy192000$75.74$4.13
Dec 2024Silver Cross660000$70.12$3.01
Nov 2024Silver Cross11493000$69.95$2.12
Oct 2024Silver Cross6794000$71.99$2.20
Sep 2024Silver Cross380000$70.24$2.28
Aug 2024Silver Cross106181000$76.68$1.99
Jul 2024Silver Cross360000$81.80$2.07
Jun 2024Silver Cross00000$79.77$2.54
May 2024Silver Cross639000$80.02$2.12
Apr 2024Silver Cross1037000$85.35$1.60
Mar 2024Silver Cross19112000$81.28$1.49
Feb 2024Silver Cross180000$77.25$1.72
Jan 2024Silver Cross250000$74.15$3.18
Dec 2023Silver Cross536000$71.90$2.52
Nov 2023Endeavor Energy6601220122$77.69$2.71
Oct 2023Endeavor Energy41058058$85.64$2.98
Sep 2023Endeavor Energy518794094$89.43$2.64
Aug 2023Endeavor Energy4518593093$81.39$2.58

Flared above 3%

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

OperatorOlsen Energy Inc.FieldEdwards -04- (Ellenburger S.)CountyCrane County

Olsen Energy Inc. in Crane County

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Edwards -04- (Ellenburger S.) field

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