MORGAN GAS UNIT
MORGAN GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Craton Energy Holdings III, LP. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 90,736 thousand cubic feet. The lease is intermittent. 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 $2K, with roughly $190 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 9 thousand cubic feet a month. Its strongest month on the record we hold was February 2023, at 666 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MORGAN GAS UNIT
- Who operates MORGAN GAS UNIT?
- MORGAN GAS UNIT is operated by Craton Energy Holdings III, LP, Railroad Commission of Texas operator number 186713.
- Where is MORGAN GAS UNIT?
- MORGAN GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 245620.
- Is MORGAN GAS UNIT still producing?
- MORGAN GAS UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MORGAN GAS UNIT is August 2026.
- How much has MORGAN GAS UNIT produced?
- MORGAN GAS UNIT has reported 90,736 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is MORGAN GAS UNIT worth?
- The remaining production from MORGAN GAS UNIT is estimated to be worth about $2K in total as of 27 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN GAS UNIT generate in a year?
- MORGAN GAS UNIT is forecast to net about $190 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORGAN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Craton Energy Holdings III, LP |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 245620 |
| Wellbores | 1 |
| Reported production | 90,736 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where MORGAN GAS 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.