MORRISON UNIT
MORRISON UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Bennett Production Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2001 to August 2026, totalling 19,536 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 $159K, with roughly $31K 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 39 barrels a month. Its strongest month on the record we hold was March 2021, at 155 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 MORRISON UNIT
- Who operates MORRISON UNIT?
- MORRISON UNIT is operated by Bennett Production Corporation, Railroad Commission of Texas operator number 065315.
- Where is MORRISON UNIT?
- MORRISON UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29953.
- Is MORRISON UNIT still producing?
- MORRISON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORRISON UNIT is August 2026.
- How much has MORRISON UNIT produced?
- MORRISON UNIT has reported 19,536 barrels of oil (bbl) to the Railroad Commission of Texas between October 2001 and August 2026, from 1 wellbore.
- How much is MORRISON UNIT worth?
- The remaining production from MORRISON UNIT is estimated to be worth about $159K in total as of 26 August 2026, within a range of $87K to $230K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORRISON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MORRISON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORRISON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MORRISON UNIT generate in a year?
- MORRISON UNIT is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORRISON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bennett Production Corporation |
|---|---|
| Field | Shirley (Caddo Congl.) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29953 |
| Wellbores | 1 |
| Reported production | 19,536 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where MORRISON 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.