ZAPALAC, MORRIS F.
ZAPALAC, MORRIS F. is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Belco Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1997 to August 2026, totalling 1,178,320 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 $14K, with roughly $2K 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 66 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 10,651 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ZAPALAC, MORRIS F.
- Who operates ZAPALAC, MORRIS F.?
- ZAPALAC, MORRIS F. is operated by Belco Operating Corp., Railroad Commission of Texas operator number 062678.
- Where is ZAPALAC, MORRIS F.?
- ZAPALAC, MORRIS F. is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 162545.
- Is ZAPALAC, MORRIS F. still producing?
- ZAPALAC, MORRIS F. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ZAPALAC, MORRIS F. is August 2026.
- How much has ZAPALAC, MORRIS F. produced?
- ZAPALAC, MORRIS F. has reported 1,178,320 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1997 and August 2026, from 1 wellbore.
- How much is ZAPALAC, MORRIS F. worth?
- The remaining production from ZAPALAC, MORRIS F. is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZAPALAC, MORRIS F. is a fraction of it. The estimate fits an Arps decline curve to the production ZAPALAC, MORRIS F. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZAPALAC, MORRIS F. is an estimate of value, not an offer and not an appraisal.
- How much income does ZAPALAC, MORRIS F. generate in a year?
- ZAPALAC, MORRIS F. is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ZAPALAC, MORRIS F. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Belco Operating Corp. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 162545 |
| Wellbores | 1 |
| Reported production | 1,178,320 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where ZAPALAC, MORRIS F. 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.