SCOTT MORGAN OIL UNIT
SCOTT MORGAN OIL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Tana Oil And Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 205,587 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 $154K, with roughly $27K 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 29 barrels a month. Its strongest month on the record we hold was March 2017, at 88 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 SCOTT MORGAN OIL UNIT
- Who operates SCOTT MORGAN OIL UNIT?
- SCOTT MORGAN OIL UNIT is operated by Tana Oil And Gas Corporation, Railroad Commission of Texas operator number 835702.
- Where is SCOTT MORGAN OIL UNIT?
- SCOTT MORGAN OIL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21629.
- Is SCOTT MORGAN OIL UNIT still producing?
- SCOTT MORGAN OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCOTT MORGAN OIL UNIT is August 2026.
- How much has SCOTT MORGAN OIL UNIT produced?
- SCOTT MORGAN OIL UNIT has reported 205,587 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SCOTT MORGAN OIL UNIT worth?
- The remaining production from SCOTT MORGAN OIL UNIT is estimated to be worth about $154K in total as of 27 August 2026, within a range of $85K to $223K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCOTT MORGAN OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SCOTT MORGAN OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCOTT MORGAN OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SCOTT MORGAN OIL UNIT generate in a year?
- SCOTT MORGAN OIL UNIT is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCOTT MORGAN OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tana Oil And Gas Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 21629 |
| Wellbores | 1 |
| Reported production | 205,587 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $154K |
Where SCOTT MORGAN OIL 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.