DUWE
DUWE is a Texas oil lease in Menard County, Railroad Commission district 7C, operated by Morrow Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 42,948 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 $12K, with roughly $2K 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 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was June 2024, at 82 barrels. 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 DUWE
- Who operates DUWE?
- DUWE is operated by Morrow Resources, Inc., Railroad Commission of Texas operator number 588810.
- Where is DUWE?
- DUWE is a Texas oil lease in Menard County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14692.
- Is DUWE still producing?
- DUWE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUWE is August 2026.
- How much has DUWE produced?
- DUWE has reported 42,948 barrels of oil (bbl) to the Railroad Commission of Texas between October 1997 and August 2026, from 4 wellbores.
- How much is DUWE worth?
- The remaining production from DUWE is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUWE is a fraction of it. The estimate fits an Arps decline curve to the production DUWE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUWE is an estimate of value, not an offer and not an appraisal.
- How much income does DUWE generate in a year?
- DUWE is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUWE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Morrow Resources, Inc. |
|---|---|
| Field | Celery (Strawn 2975) |
| County | Menard County, Texas |
| RRC district | 7C |
| Lease number | 14692 |
| Wellbores | 4 |
| Reported production | 42,948 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where DUWE 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.