HUDIE MORGAN UNIT
HUDIE MORGAN UNIT is a Texas oil lease in Wood County, Railroad Commission district 05, operated by Valence Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 182,253 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 $1.9M, with roughly $410K 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 473 barrels a month, about 237 per wellbore. Its strongest month on the record we hold was January 2017, at 9,239 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 HUDIE MORGAN UNIT
- Who operates HUDIE MORGAN UNIT?
- HUDIE MORGAN UNIT is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is HUDIE MORGAN UNIT?
- HUDIE MORGAN UNIT is a Texas oil lease in Wood County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04263.
- Is HUDIE MORGAN UNIT still producing?
- HUDIE MORGAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUDIE MORGAN UNIT is August 2026.
- How much has HUDIE MORGAN UNIT produced?
- HUDIE MORGAN UNIT has reported 182,253 barrels of oil (bbl) to the Railroad Commission of Texas between June 2016 and August 2026, from 2 wellbores.
- How much is HUDIE MORGAN UNIT worth?
- The remaining production from HUDIE MORGAN UNIT is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUDIE MORGAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HUDIE MORGAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUDIE MORGAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HUDIE MORGAN UNIT generate in a year?
- HUDIE MORGAN UNIT is forecast to net about $410K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUDIE MORGAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Como (Rodessa Hill, Lo.) |
| County | Wood County, Texas |
| RRC district | 05 |
| Lease number | 04263 |
| Wellbores | 2 |
| Reported production | 182,253 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where HUDIE MORGAN 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.