MORRIS
MORRIS is a Texas gas lease in Foard County, Railroad Commission district 09, operated by Palmer Petroleum Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 51,240 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 $321, with roughly $41 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 3 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 65 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MORRIS
- Who operates MORRIS?
- MORRIS is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is MORRIS?
- MORRIS is a Texas gas lease in Foard County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 197692.
- Is MORRIS still producing?
- MORRIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORRIS is August 2026.
- How much has MORRIS produced?
- MORRIS has reported 51,240 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
- How much is MORRIS worth?
- The remaining production from MORRIS is estimated to be worth about $321 in total as of 26 August 2026, within a range of $0 to $642. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORRIS is a fraction of it. The estimate fits an Arps decline curve to the production MORRIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORRIS is an estimate of value, not an offer and not an appraisal.
- How much income does MORRIS generate in a year?
- MORRIS is forecast to net about $41 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORRIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Thalia (Wichita Falls) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 197692 |
| Wellbores | 1 |
| Reported production | 51,240 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $321 |
Where MORRIS 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.