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LESTER CARTER 1

Lester Carter 1 is an oil lease in Jack County, Texas, operated by Paratus Petroleum LLC in the Lost Valley (Marble Falls) field.

1 well

162bbl oil, last 12 months−19% vs prior year
Operator
Paratus Petroleum LLC
County
Jack County
Field
Lost Valley (Marble Falls)
RRC lease
09-16668

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Gas, last 12 months
14,150 mcf
Oil in Jul 2026
11 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.

See why checks stop on this lease

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for LESTER CARTER 1, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 162 bbl in the 12 months through Jul 2026, against 200 bbl in the 12 months before.Last 12 months: 162 bblbbl per monthmcf per month005500101,000151,500202,000252,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for LESTER CARTER 1, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 162 bbl in the 12 months through Jul 2026, against 200 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005500101,000151,500202,000252,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuelShare of LESTER CARTER 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuelShare of LESTER CARTER 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Nov 25: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 13,036 mcf

  • Lease fuel (1)

    17% · 2,613 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.

1 well on this lease

Wells on LESTER CARTER 1
API numberWell no.Status
42-237-013231Active

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 gasGathers100Jun 1, 2019Jan 1, 2020
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Jun 1, 2019Jan 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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Lester Carter 1
API numberWell no.Acreson the permit
42-237-013231–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LESTER CARTER 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Paratus Petroleum11111,3151,1570$80.46$2.89
Jun 2026Paratus Petroleum12131,2651,1080$84.81$3.15
May 2026Paratus Petroleum12121,3441,1700$102.13$2.94
Apr 2026Paratus Petroleum12151,2681,1140$100.32$2.77
Mar 2026Paratus Petroleum14121,2751,1460$91.38$3.04
Feb 2026Paratus Petroleum15131,2641,1620$64.51$3.62
Jan 2026Paratus Petroleum12121,0749730$60.04$7.72
Dec 2025Xplore Operating,15151,2211,1150$57.97$4.26
Nov 2025Xplore Operating,10161,1191,0150$60.06$3.79
Oct 2025Xplore Operating,19111,4351450$60.89$3.19
Sep 2025Xplore Operating,15161,5701,4320$63.96$2.97
Aug 2025Xplore Operating,1516000$64.86$2.91
Jul 2025Xplore Operating,9151,4991,4990$68.39$3.20
Jun 2025Xplore Operating,16151,6081,4830$68.17$3.02
May 2025Xplore Operating,20221,4211,3130$62.17$3.12
Apr 2025Xplore Operating,16211,2701,1730$63.54$3.42
Mar 2025Xplore Operating,23181,2701,1730$68.24$4.12
Feb 2025Xplore Operating,17189668890$71.53$4.19
Jan 2025Xplore Operating,24171,1331,0380$75.74$4.13
Dec 2024Xplore Operating,15351,3171,2180$70.12$3.01
Nov 2024Xplore Operating,1301,3691,2470$69.95$2.12
Oct 2024Xplore Operating,2201,4901,3540$71.99$2.20
Sep 2024Xplore Operating,17391,5391,3680$70.24$2.28
Aug 2024Xplore Operating,801,2581,0900$76.68$1.99
Jul 2024Xplore Operating,17221,0849740$81.80$2.07
Jun 2024Xplore Operating,701,4961,3080$79.77$2.54
May 2024Xplore Operating,4481,7891,6010$80.02$2.12
Apr 2024Xplore Operating,1701,5621,3670$85.35$1.60
Mar 2024Xplore Operating,1601,4431,2950$81.28$1.49
Feb 2024Xplore Operating,1401,0439420$77.25$1.72
Jan 2024Xplore Operating,14258727770$74.15$3.18
Dec 2023Xplore Operating,20171,3341,1960$71.90$2.52
Nov 2023Xplore Operating,901,3261,1810$77.69$2.71
Oct 2023Xplore Operating,17341,4561,2930$85.64$2.98
Sep 2023Xplore Operating,1601,5171,3270$89.43$2.64
Aug 2023Xplore Operating,12341,4621,2680$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 (Marble Falls)CountyJack County

Paratus Petroleum LLC in Jack County

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Lost Valley (Marble Falls) field

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