MORGAN-CHEVRON 36-48 B UNIT

MORGAN-CHEVRON 36-48 B UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Highpeak Energy Holdings, Llc. It has 2 wellbores on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 249,277 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 $251K, with roughly $128K expected over the next twelve months.

OperatorHighpeak Energy Holdings, Llc
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number59329
Wellbores2
Reported production249,277 bbl
First reportedMarch 2023
Last reportedAugust 2026
Estimated royalty value$251K

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.