MORGAN GBT 46-104 UNIT
MORGAN GBT 46-104 UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2020 to August 2026, totalling 14,392 barrels. 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 $20K, with roughly $4K 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 4 barrels a month. Its strongest month on the record we hold was September 2020, at 1,680 barrels. 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 GBT 46-104 UNIT
- Who operates MORGAN GBT 46-104 UNIT?
- MORGAN GBT 46-104 UNIT is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is MORGAN GBT 46-104 UNIT?
- MORGAN GBT 46-104 UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54520.
- Is MORGAN GBT 46-104 UNIT still producing?
- MORGAN GBT 46-104 UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MORGAN GBT 46-104 UNIT is August 2026.
- How much has MORGAN GBT 46-104 UNIT produced?
- MORGAN GBT 46-104 UNIT has reported 14,392 barrels of oil (bbl) to the Railroad Commission of Texas between August 2020 and August 2026, from 1 wellbore.
- How much is MORGAN GBT 46-104 UNIT worth?
- The remaining production from MORGAN GBT 46-104 UNIT is estimated to be worth about $20K in total as of 27 August 2026, within a range of $0 to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN GBT 46-104 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN GBT 46-104 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 GBT 46-104 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN GBT 46-104 UNIT generate in a year?
- MORGAN GBT 46-104 UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORGAN GBT 46-104 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hannathon Petroleum, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54520 |
| Wellbores | 1 |
| Reported production | 14,392 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where MORGAN GBT 46-104 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.