MORROW, ELIZABETH

MORROW, ELIZABETH is a Texas oil lease in Anderson County, Railroad Commission district 06, operated by Falcon Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 118,510 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 $587K, with roughly $113K 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 150 barrels a month, about 50 per wellbore. Its strongest month on the record we hold was May 2016, at 242 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 MORROW, ELIZABETH

Who operates MORROW, ELIZABETH?
MORROW, ELIZABETH is operated by Falcon Resources, Inc., Railroad Commission of Texas operator number 260262.
Where is MORROW, ELIZABETH?
MORROW, ELIZABETH is a Texas oil lease in Anderson County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 03272.
Is MORROW, ELIZABETH still producing?
MORROW, ELIZABETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORROW, ELIZABETH is August 2026.
How much has MORROW, ELIZABETH produced?
MORROW, ELIZABETH has reported 118,510 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
How much is MORROW, ELIZABETH worth?
The remaining production from MORROW, ELIZABETH is estimated to be worth about $587K in total as of 27 August 2026, within a range of $458K to $716K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORROW, ELIZABETH is a fraction of it. The estimate fits an Arps decline curve to the production MORROW, ELIZABETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORROW, ELIZABETH is an estimate of value, not an offer and not an appraisal.
How much income does MORROW, ELIZABETH generate in a year?
MORROW, ELIZABETH is forecast to net about $113K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORROW, ELIZABETH receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MORROW, ELIZABETH as filed with the Railroad Commission of Texas
OperatorFalcon Resources, Inc.
FieldLong Lake
CountyAnderson County, Texas
RRC district06
Lease number03272
Wellbores3
Reported production118,510 bbl
First reported
Last reported
Estimated royalty value$587K

Where MORROW, ELIZABETH 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.