MORALES, PEDRO
MORALES, PEDRO is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Blackbrush O & G, Inc. It has 4 wellbores on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 122,982 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 $352K, with roughly $68K 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 88 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was September 2016, at 386 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 MORALES, PEDRO
- Who operates MORALES, PEDRO?
- MORALES, PEDRO is operated by Blackbrush O & G, Inc., Railroad Commission of Texas operator number 073027.
- Where is MORALES, PEDRO?
- MORALES, PEDRO is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14665.
- Is MORALES, PEDRO still producing?
- MORALES, PEDRO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORALES, PEDRO is August 2026.
- How much has MORALES, PEDRO produced?
- MORALES, PEDRO has reported 122,982 barrels of oil (bbl) to the Railroad Commission of Texas between February 2006 and August 2026, from 4 wellbores.
- How much is MORALES, PEDRO worth?
- The remaining production from MORALES, PEDRO is estimated to be worth about $352K in total as of 26 August 2026, within a range of $194K to $510K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORALES, PEDRO is a fraction of it. The estimate fits an Arps decline curve to the production MORALES, PEDRO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORALES, PEDRO is an estimate of value, not an offer and not an appraisal.
- How much income does MORALES, PEDRO generate in a year?
- MORALES, PEDRO is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORALES, PEDRO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbrush O & G, Inc. |
|---|---|
| Field | Pearsall (Buda Lime) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 14665 |
| Wellbores | 4 |
| Reported production | 122,982 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $352K |
Where MORALES, PEDRO 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.