MORTON, JOHNNY
MORTON, JOHNNY is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Crescent Exploration Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 19,557 barrels. 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 $142K, with roughly $27K 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 31 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was July 2016, at 109 barrels. 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 MORTON, JOHNNY
- Who operates MORTON, JOHNNY?
- MORTON, JOHNNY is operated by Crescent Exploration Company, Railroad Commission of Texas operator number 189449.
- Where is MORTON, JOHNNY?
- MORTON, JOHNNY is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11790.
- Is MORTON, JOHNNY still producing?
- MORTON, JOHNNY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORTON, JOHNNY is August 2026.
- How much has MORTON, JOHNNY produced?
- MORTON, JOHNNY has reported 19,557 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MORTON, JOHNNY worth?
- The remaining production from MORTON, JOHNNY is estimated to be worth about $142K in total as of 27 August 2026, within a range of $78K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORTON, JOHNNY is a fraction of it. The estimate fits an Arps decline curve to the production MORTON, JOHNNY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORTON, JOHNNY is an estimate of value, not an offer and not an appraisal.
- How much income does MORTON, JOHNNY generate in a year?
- MORTON, JOHNNY is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORTON, JOHNNY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crescent Exploration Company |
|---|---|
| Field | Willard (Navarro) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 11790 |
| Wellbores | 2 |
| Reported production | 19,557 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $142K |
Where MORTON, JOHNNY 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.