MORALES-TURNHAM UNIT
MORALES-TURNHAM UNIT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Triumph Petroleum Company,L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 57,514 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 $399K, with roughly $77K 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 102 barrels a month. Its strongest month on the record we hold was October 2025, at 332 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 MORALES-TURNHAM UNIT
- Who operates MORALES-TURNHAM UNIT?
- MORALES-TURNHAM UNIT is operated by Triumph Petroleum Company,L.L.C., Railroad Commission of Texas operator number 871157.
- Where is MORALES-TURNHAM UNIT?
- MORALES-TURNHAM UNIT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14513.
- Is MORALES-TURNHAM UNIT still producing?
- MORALES-TURNHAM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORALES-TURNHAM UNIT is August 2026.
- How much has MORALES-TURNHAM UNIT produced?
- MORALES-TURNHAM UNIT has reported 57,514 barrels of oil (bbl) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is MORALES-TURNHAM UNIT worth?
- The remaining production from MORALES-TURNHAM UNIT is estimated to be worth about $399K in total as of 26 August 2026, within a range of $311K to $486K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORALES-TURNHAM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MORALES-TURNHAM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORALES-TURNHAM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MORALES-TURNHAM UNIT generate in a year?
- MORALES-TURNHAM UNIT is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORALES-TURNHAM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Triumph Petroleum Company,L.L.C. |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 14513 |
| Wellbores | 1 |
| Reported production | 57,514 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $399K |
Where MORALES-TURNHAM 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.