MORAN
MORAN is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Townsend, R. F. Trustee. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,541 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 $204K, with roughly $39K 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 27 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was July 2016, at 165 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 MORAN
- Who operates MORAN?
- MORAN is operated by Townsend, R. F. Trustee, Railroad Commission of Texas operator number 863600.
- Where is MORAN?
- MORAN is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 05804.
- Is MORAN still producing?
- MORAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORAN is August 2026.
- How much has MORAN produced?
- MORAN has reported 68,541 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is MORAN worth?
- The remaining production from MORAN is estimated to be worth about $204K in total as of 26 August 2026, within a range of $112K to $296K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORAN is a fraction of it. The estimate fits an Arps decline curve to the production MORAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORAN is an estimate of value, not an offer and not an appraisal.
- How much income does MORAN generate in a year?
- MORAN is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Townsend, R. F. Trustee |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 05804 |
| Wellbores | 8 |
| Reported production | 68,541 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $204K |
Where MORAN 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.