MORGAN UNIT

MORGAN UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef Llc. It has 9 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 1,196,164 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $30K, with roughly $13K expected over the next twelve months.

OperatorMarathon Oil Ef Llc
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number10907
Wellbores9
Reported production1,196,164 bbl
First reportedJuly 2014
Last reportedAugust 2026
Estimated royalty value$30K

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.