TAYLOR HEIRS

TAYLOR HEIRS is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Morgan Enterprises, Inc. It has 15 wellbores on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 878,737 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 $7.7M, with roughly $1.7M 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 2,720 barrels a month, about 181 per wellbore. Its strongest month on the record we hold was May 2016, at 8,906 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TAYLOR HEIRS

Who operates TAYLOR HEIRS?
TAYLOR HEIRS is operated by Morgan Enterprises, Inc., Railroad Commission of Texas operator number 585750.
Where is TAYLOR HEIRS?
TAYLOR HEIRS is a Texas oil lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24948.
Is TAYLOR HEIRS still producing?
TAYLOR HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TAYLOR HEIRS is August 2026.
How much has TAYLOR HEIRS produced?
TAYLOR HEIRS has reported 878,737 barrels of oil (bbl) to the Railroad Commission of Texas between October 2006 and August 2026, from 15 wellbores.
How much is TAYLOR HEIRS worth?
The remaining production from TAYLOR HEIRS is estimated to be worth about $7.7M in total as of 27 August 2026, within a range of $6.4M to $9.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TAYLOR HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production TAYLOR HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TAYLOR HEIRS is an estimate of value, not an offer and not an appraisal.
How much income does TAYLOR HEIRS generate in a year?
TAYLOR HEIRS is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TAYLOR HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TAYLOR HEIRS as filed with the Railroad Commission of Texas
OperatorMorgan Enterprises, Inc.
FieldPierce Junction
CountyHarris County, Texas
RRC district03
Lease number24948
Wellbores15
Reported production878,737 bbl
First reported
Last reported
Estimated royalty value$7.7M

Where TAYLOR HEIRS 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.