MORTON NO. 1 GAS UNIT
MORTON NO. 1 GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 1,331,907 thousand cubic feet. The lease is currently producing. 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 $264K, with roughly $54K 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 2,447 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 4,855 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MORTON NO. 1 GAS UNIT
- Who operates MORTON NO. 1 GAS UNIT?
- MORTON NO. 1 GAS UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is MORTON NO. 1 GAS UNIT?
- MORTON NO. 1 GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 216918.
- Is MORTON NO. 1 GAS UNIT still producing?
- MORTON NO. 1 GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORTON NO. 1 GAS UNIT is August 2026.
- How much has MORTON NO. 1 GAS UNIT produced?
- MORTON NO. 1 GAS UNIT has reported 1,331,907 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2005 and August 2026, from 1 wellbore.
- How much is MORTON NO. 1 GAS UNIT worth?
- The remaining production from MORTON NO. 1 GAS UNIT is estimated to be worth about $264K in total as of 27 August 2026, within a range of $219K to $309K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORTON NO. 1 GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MORTON NO. 1 GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORTON NO. 1 GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MORTON NO. 1 GAS UNIT generate in a year?
- MORTON NO. 1 GAS UNIT is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORTON NO. 1 GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Oaks (Cotton Valley Lime) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 216918 |
| Wellbores | 1 |
| Reported production | 1,331,907 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $264K |
Where MORTON NO. 1 GAS UNIT 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.