MORTON UNIT
MORTON UNIT is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by A.C.T. Operating Company. It has 46 wellbores on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 133,519 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 $2.7M, with roughly $600K 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 920 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was December 2018, at 2,814 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 MORTON UNIT
- Who operates MORTON UNIT?
- MORTON UNIT is operated by A.C.T. Operating Company, Railroad Commission of Texas operator number 000194.
- Where is MORTON UNIT?
- MORTON UNIT is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70422.
- Is MORTON UNIT still producing?
- MORTON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORTON UNIT is August 2026.
- How much has MORTON UNIT produced?
- MORTON UNIT has reported 133,519 barrels of oil (bbl) to the Railroad Commission of Texas between April 2016 and August 2026, from 46 wellbores.
- How much is MORTON UNIT worth?
- The remaining production from MORTON UNIT is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.1M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORTON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MORTON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORTON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MORTON UNIT generate in a year?
- MORTON UNIT is forecast to net about $600K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORTON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | A.C.T. Operating Company |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 70422 |
| Wellbores | 46 |
| Reported production | 133,519 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where MORTON 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.