MORGAN UNIT AC
MORGAN UNIT AC is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 630,248 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $431K, with roughly $92K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 564 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 57,372 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MORGAN UNIT AC
- Who operates MORGAN UNIT AC?
- MORGAN UNIT AC is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is MORGAN UNIT AC?
- MORGAN UNIT AC is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 288436.
- Is MORGAN UNIT AC still producing?
- MORGAN UNIT AC is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MORGAN UNIT AC is August 2026.
- How much has MORGAN UNIT AC produced?
- MORGAN UNIT AC has reported 630,248 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is MORGAN UNIT AC worth?
- The remaining production from MORGAN UNIT AC is estimated to be worth about $431K in total as of 26 August 2026, within a range of $336K to $525K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN UNIT AC is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN UNIT AC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN UNIT AC is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN UNIT AC generate in a year?
- MORGAN UNIT AC is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORGAN UNIT AC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 288436 |
| Wellbores | 1 |
| Reported production | 630,248 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $431K |
Where MORGAN UNIT AC sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.