MORGAN-NEAL UNIT NO.2 39-26

MORGAN-NEAL UNIT NO.2 39-26 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Grenadier Energy Partners Ii,Llc. It has 3 wellbores on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 762,400 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 $178K, with roughly $44K expected over the next twelve months.

OperatorGrenadier Energy Partners Ii,Llc
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number51978
Wellbores3
Reported production762,400 bbl
First reportedMarch 2019
Last reportedAugust 2026
Estimated royalty value$178K

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.