Carthage

Oil & Gas Property in Newton County, TX

Property Summary

Key data points for Carthage

CountyNewton County, TX
OperatorARCADIA ENERGY RESOURCES, LLC
Production DatesDec 2021 - Apr 2025
Total Oil Production37,295 BBLs
Total Gas Production212,388 MCF
Recent Oil Production261 BBLs in Mar 2025
Recent Gas Production901 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Carthage

ShaleAssessment

Not Available

MarketMultiple

$35,659 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Carthage Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Carthage
from Dec 2021 to Apr 2025

Wells on Carthage

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-351-30931CARTHAGE 1HAArcadia Energy Resources, LLCProducingNewton County, TX31.130977-93.650532

Leases included in Carthage

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-15871CARTHAGEArcadia Energy Resources, LLCNewton County, TX

Nearby Properties

These are the closest 10 properties to the Carthage property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blackstone Unit ANewton County, TX231 BBLs152 MCFApr 2025
ChampionNewton County, TX75 BBLs422 MCFApr 2025
Champion IntNewton County, TX313 BBLs1,862 MCFApr 2025
Champion IntNewton County, TX0 BBLs0 MCFFeb 2022
Champion International UnitNewton County, TX0 BBLs0 MCFFeb 2022
Champion IntlNewton County, TX140 BBLs161 MCFApr 2025
Hobbs UnitNewton County, TX46 BBLs559 MCFApr 2025
Jones Unit ANewton County, TX0 BBLs0 MCFAug 2016
Odom R. E. EtalSabine County, TX0 BBLs0 MCFFeb 2025
TempleNewton County, TX62 BBLs17 MCFApr 2025

Frac'ing activity on Carthage

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-351-30931CARTHAGE 1HA

Owners of Carthage

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PRIZE EXPLORATION & PROD LLCCARTHAGE W#1HAPRIZE EXPLORATION &

Oil & Gas Sales on Carthage

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-15871CARTHAGEMar 2025INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEMar 2025ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEFeb 2025INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEFeb 2025ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEJan 2025INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEJan 2025ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEDec 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEDec 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGENov 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGENov 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEOct 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEOct 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGESep 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGESep 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEAug 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEAug 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEJul 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEJul 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEJun 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEJun 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEMay 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEMay 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEApr 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC
06-15871CARTHAGEApr 2024ARCADIA ENERGY RESOURCES, LLCARCADIA ENERGY RESOURCES, LLC
06-15871CARTHAGEMar 2024INFINITY HYDROCARBONS, LLCRKI ENERGY RESOURCES, LLC