SE SHARE UPPER MORROW UNIT
SE SHARE UPPER MORROW UNIT is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Strand Energy, L.C. It has 38 wellbores on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 1,821,558 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 $2.2M, with roughly $491K 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 738 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was March 2017, at 3,531 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SE SHARE UPPER MORROW UNIT
- Who operates SE SHARE UPPER MORROW UNIT?
- SE SHARE UPPER MORROW UNIT is operated by Strand Energy, L.C., Railroad Commission of Texas operator number 824758.
- Where is SE SHARE UPPER MORROW UNIT?
- SE SHARE UPPER MORROW UNIT is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07154.
- Is SE SHARE UPPER MORROW UNIT still producing?
- SE SHARE UPPER MORROW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SE SHARE UPPER MORROW UNIT is August 2026.
- How much has SE SHARE UPPER MORROW UNIT produced?
- SE SHARE UPPER MORROW UNIT has reported 1,821,558 barrels of oil (bbl) to the Railroad Commission of Texas between November 1996 and August 2026, from 38 wellbores.
- How much is SE SHARE UPPER MORROW UNIT worth?
- The remaining production from SE SHARE UPPER MORROW UNIT is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SE SHARE UPPER MORROW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SE SHARE UPPER MORROW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SE SHARE UPPER MORROW UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SE SHARE UPPER MORROW UNIT generate in a year?
- SE SHARE UPPER MORROW UNIT is forecast to net about $491K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SE SHARE UPPER MORROW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strand Energy, L.C. |
|---|---|
| Field | Share, Se. (Morrow, Upper) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 07154 |
| Wellbores | 38 |
| Reported production | 1,821,558 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where SE SHARE UPPER MORROW 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.